LEADER STEEL HOLDINGS BHD

KLSE (MYR): LSTEEL (9881)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.555

Today's Change

+0.02 (3.74%)

Day's Change

0.535 - 0.565

Trading Volume

281,400


1 person likes this.

1,352 comment(s). Last comment by hohlaiyet88 2024-02-27 13:04

Posted by onlyinvestment > 2017-11-29 14:49 | Report Abuse

Cut lost ??? Its a very difficult decision . Let me meet my friend who work in steel hardware more then 20yrs one then see how . If really shortage steel pipe and price keep up then will keep , otherwise , really need cut finger not cut lost lol

AllWin

782 posts

Posted by AllWin > 2017-11-29 14:57 | Report Abuse

sad to see many have huge loses and get stuck here.. you may blame the misleading management but please take care of own losses. Just painfully take it while you still can.

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:17 | Report Abuse

bought back leader at 52sen

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:18 | Report Abuse

Added more at 50sen

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:20 | Report Abuse

Added last batch at 50sen

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:25 | Report Abuse

Hope leader effort on expansion mode can be realize in next Q and turn high reveneu into profit. Once make a turnaround in earning, it will translate into V shape recovery in share price later.

Muthusamy

811 posts

Posted by Muthusamy > 2017-11-29 16:34 | Report Abuse

support at 40 sen i think

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:41 | Report Abuse

China Rebar prices rising fm RMB4290.67/MT on 23/11 to RMB4490.67/MT yesterday
myongcc5 Direct conversion will read: MYR2664/mt to MYR2788.81/mt

MYR1 : RMB1.61

China rebar pricing is much higher RM 2600 compared to local selling price now RM 2400. It will NOT only discourage local construction firm to import from china, BUT, reversal happen, local steel is on expansion mode now can even EXPORT to china to meet their demand due to china lower production resulted from clamp down and environmental protection.

Leader expansion to produce rebar is just timely to meet the high selling price

Posted by AbangRedTea > 2017-11-29 16:42 | Report Abuse

This shit lsteel burning my hand...

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:42 | Report Abuse

Don miss leader current depress price, otherwise, many will regret later

upshare

3,239 posts

Posted by upshare > 2017-11-29 16:48 | Report Abuse

Buy if below 0.45..

EraBiz

139 posts

Posted by EraBiz > 2017-11-29 16:51 | Report Abuse

I bought Yesterday .................. 0.570 ..... hurt oh

angkokann

705 posts

Posted by angkokann > 2017-11-29 16:53 | Report Abuse

Tomorrow is last day of November, hope KLSE will rebound in Dec..

hng33

19,903 posts

Posted by hng33 > 2017-11-29 16:56 | Report Abuse

Technical rebound is expected tomorrow.

hng33

19,903 posts

Posted by hng33 > 2017-11-29 17:00 | Report Abuse

Today is great bargain hunt for steel rebar exposure, bought back both lionind (1.36) and leader (average cost 51+sen) . China rebar price is UP significantly now

EraBiz

139 posts

Posted by EraBiz > 2017-11-29 17:03 | Report Abuse

hng33 ... i hope so bro

WallStBull

449 posts

Posted by WallStBull > 2017-11-29 17:30 | Report Abuse

Don't worry.. it will climb back. Theres still some that hasnt got done with CL. Once weak holders are gone.. it will gradually climb back. Still have some hope in Q4.. (mainly bc is a very important qtr) for co to wrap up FY 17. Secondly.. datin may wanna goreng it before CNY (this is just purely my view) :)

hng33

19,903 posts

Posted by hng33 > 2017-11-29 17:30 | Report Abuse

Technically, it should be rebound based on today volume is half of yesterday selloff volume, imply selling pressure getting lessen. So, tomorrow, pressure should be even further ease off, pave way for technical rebound later

Posted by lenguyentrung > 2017-11-29 17:31 | Report Abuse

http://jvnet.vn/

hng33

19,903 posts

Posted by hng33 > 2017-11-29 18:44 | Report Abuse

Company have start buyback share in open market now

Posted by onlyinvestment > 2017-11-29 20:27 | Report Abuse

https://klse.i3investor.com/m/blog/sectionanalyst/139743.jsp
Why I cant read this article again? Morning still can read now cant. Any friends can try read this or not ? Or maybe i blocked by the author?

Posted by Lim Beng Teik > 2017-11-29 20:32 | Report Abuse

cant read

cipapo

1,288 posts

Posted by cipapo > 2017-11-29 20:33 | Report Abuse

can't read because all bull sheet sending more investors to Holland

cipapo

1,288 posts

Posted by cipapo > 2017-11-29 20:35 | Report Abuse

support shld be at 0.35...stay away for now

Posted by onlyinvestment > 2017-11-29 20:46 | Report Abuse

Any friends know the rebar production started or not yet?

occa888

38 posts

Posted by occa888 > 2017-11-29 21:01 | Report Abuse

Cut lost ??? Its a very difficult decision . Let me meet my friend who work in steel hardware more then 20yrs one then see how . If really shortage steel pipe and price keep up then will keep , otherwise , really need cut finger not cut lost lol

onlyinvestment bro your steel hardware friend say how?

Posted by onlyinvestment > 2017-11-29 21:03 | Report Abuse

This afternoon i contact my friend who working in hardware factory , my friend say steel pipe no shortage , at the same time he saying also this 3 month not only rebar good selling , other steel product also not bad volume delivery. If really Kuching plant started produce rebar and like the Datin saying 10000tons one month , then maybe can keep and wait next QR.
This is not a buy called and I'm holding Leader share and lost big money in this courter. Just sharing to all of yours because we are same boat now.

Posted by onlyinvestment > 2017-11-29 21:10 | Report Abuse

Friend, the email address you attached , i tried send but fail (cant delivery). Did you send today?

Chanteckfai CEO of Leader Steel:

http://www.fmm.org.my/Member_Detail.aspx?MemberId=A64E0D0F-8A10-4D14-AAE8-19D625A99FD3

Feel free to send your complaints to her PA:

sooaun@leadersteel.my

occa888

38 posts

Posted by occa888 > 2017-11-29 21:17 | Report Abuse

onlyinvestment I check back news also no guidance say when they start produce... Your hardware friend got trade rebar then sure can ask if they got selling d what

Posted by onlyinvestment > 2017-11-29 21:21 | Report Abuse

My friend work at JB and he said no deal with leader steel because their rebar buy from Masteel . However , I will try find out the answer.

cipapo

1,288 posts

Posted by cipapo > 2017-11-29 21:30 | Report Abuse

they disabled the email already since everyone flood their mailbox...genuine advise...stay away until you see next quarter results....do not average down your price until you see some light

Posted by Lim Beng Teik > 2017-11-29 21:51 | Report Abuse

look like so many ppl in here still hold, tmr I think will be panic sell also

Hh5519

561 posts

Posted by Hh5519 > 2017-11-29 23:25 | Report Abuse

Share buy back pls don't panic sell to lsteel....

WallStBull

449 posts

Posted by WallStBull > 2017-11-29 23:45 | Report Abuse

Yes. Dont sell your lsteel - stoopid datin purposely announce bad QTR to buy back shares at dirt cheap price in the open mkt.. co is buying back shares @ 0.52! Those weak sellers got TRAP :(

WallStBull

449 posts

Posted by WallStBull > 2017-11-29 23:51 | Report Abuse

Lets see if lsteel directors are buying in tmrw?

Posted by onlyinvestment > 2017-11-30 07:33 | Report Abuse

A lot article was removed ? Why

Posted by onlyinvestment > 2017-11-30 07:33 | Report Abuse

We are only small ikan bilis , no need spy here gua???

Posted by Lim Beng Teik > 2017-11-30 08:54 | Report Abuse

today up or down guess guess no harm

WallStBull

449 posts

Posted by WallStBull > 2017-11-30 09:17 | Report Abuse

Lets be clear.. the management of Lsteel is dirty. So be careful..

cooling

1,676 posts

Posted by cooling > 2017-11-30 09:52 | Report Abuse

remember this stock is only a 0.15 cent stock historically

cooling

1,676 posts

Posted by cooling > 2017-11-30 10:23 | Report Abuse

hng33 selling to you for handsome profit already today.....good rebound play ...rape kao the lsteel victims..

occa888

38 posts

Posted by occa888 > 2017-11-30 10:34 | Report Abuse

chanteckfai "Where there is goreng, there is people behind, I more interested in the people behind" You sound like you lost a lot from "tips" , who got you into this shit? We all read the same news, but how you got to sailang the shares and now you say you kena tiam tiam??

hng33

19,903 posts

Posted by hng33 > 2017-11-30 10:36 | Report Abuse

sold back all leader at 53.5sen, lock all contra profit first, free up capital

Posted by onlyinvestment > 2017-11-30 10:48 | Report Abuse

@occa888, i ask my kuching friend call the leader steel kuching plant and ask the rebar , they say their rebar is import not own product. I scare now , if havent production but why the section analysis claim said rebar starting production on Oct ? And why the leader steel sale girl answer is import ? Now import expensive than buy local ? Why they import ?

Posted by onlyinvestment > 2017-11-30 10:48 | Report Abuse

Any friend can help confirm this true or not?

occa888

38 posts

Posted by occa888 > 2017-11-30 10:58 | Report Abuse

chanteckfai you and your friends goreng la.. lucky buddha answer you're prayer, yesterday got buyback.

occa888

38 posts

Posted by occa888 > 2017-11-30 11:05 | Report Abuse

@onlyinvestment Seem like this company need more work on investor relations. Why you email the PA no email the company directly? I found for you on web: info@leadersteel.my If true like you said, LS person spying this thread, chanteckfai and onlyinvestment here want to talk to you.

occa888

38 posts

Posted by occa888 > 2017-11-30 11:09 | Report Abuse

@chanteckfai y so serious? I just curious on the steel counters why got such up down . From follow thread i see is you and the sectionanalyst sailang. I don't agree with goreng but doesn't mean I cannot learn wat, afterall it affects me

occa888

38 posts

Posted by occa888 > 2017-11-30 12:07 | Report Abuse

@onlyinvestment i got source say, the management said never met up with someone from this forum before to talk numbers, us talking here definitely got some hoo hah effect and they got looking into it. hope this helps @chanteckfai

Posted by Graemesquires85 > 2017-11-30 12:35 | Report Abuse

Journey to the south...

Post a Comment
Market Buzz