Posted by pingdan > 2016-11-28 15:53 | Report Abuse

tonight result will out. This will be a very good one

Posted by bali > 2016-11-28 16:47 | Report Abuse

iron ore price now over usd80.00, at least future will be good..

Posted by pingdan > 2016-11-28 17:50 | Report Abuse

EPS 1.9sen!!!

Posted by Alex Lim Jun Xiong > 2016-11-28 18:05 | Report Abuse

Tomorrow gap up!!!

Posted by pingdan > 2016-11-28 18:07 | Report Abuse

very nice result. eps per quarter for rm0.40 shares

Posted by pingdan > 2016-11-28 18:07 | Report Abuse

plus 154k forex loss

Posted by pingdan > 2016-11-28 18:31 | Report Abuse

net assets rm1

Posted by tkk1127 > 2016-11-28 19:32 | Report Abuse

Result excellent, increase in revenue, cash, profit margin and decreases in term loan.

Posted by tkk1127 > 2016-11-28 19:33 | Report Abuse

Increase in iron price also and able to maintain the future profit margin. Will buy some tomorrow.

Posted by gohchinlim > 2016-11-28 20:43 | Report Abuse

Last quarter profit will explode..as expected by the management, time to accumulate..

Posted by bali > 2016-11-29 09:19 | Report Abuse

complied to KYY golden rule, ie get better quarter profit than previous quarter profit

Posted by OMGTRADER > 2016-11-29 13:44 | Report Abuse

melewar n masteel effect....

Posted by conway007 > 2016-11-30 10:29 | Report Abuse

why

Posted by andylim90 > 2016-12-01 16:19 | Report Abuse

Everybody everyday buy. Such company should be known

Posted by andylim90 > 2016-12-01 16:20 | Report Abuse

Good FA stock nobody buy. Bad FA stock everybody buy

Posted by bali > 2016-12-07 16:39 | Report Abuse

Prospects

In view of the continued challenging environment arising from the ongoing uncertainties of the global
economy, including volatility of foreign currencies and oil prices, we expect the business environment
for the manufacturing and trading of steel products to be impacted. In addition, shortage of materials
due to anti-dumping policy imposed on China’s imports and reduction of production by local
upstream steel manufacturers are issues of concern to the Company.
However despite challenging environment, the demand for minerals remains stable. Hence the
management is optimistic that the trading of minerals segment will contribute positive results.

On the assumption that this environment will persist, the Board is hoping to achieve an improvement
in the performance of the Group for the quarter ahead.

Posted by bali > 2016-12-20 10:35 | Report Abuse

Leader Steel sees improved revenue, profit , BY The star
Author: bali | Publish date: Mon, 19 Dec 2016, 04:43 PM

BY DAVID TAN

BUKIT TENGAH: Leader Steel Holdings Bhd expects its revenue and profit for financial year 2016 to improve by strong double-digit percentage over 2015 due to higher steel prices and stronger demand from the construction, renovation and furniture industries.

Group managing director Datin Tan Pak Say told StarBiz that the pricing of steel pipes was now around RM3,000 per tonne, about 25% higher than in early January.

She said steel pipe prices had increased due to the stringent conditions regulating the entry of imported steel products.

“Since late 2013, imported steel products need to have product certificate licensing and certificate of approval to sell in the country.



“As a result, there is less competition from low-quality steel products from overseas.

“The anti-dumping duties introduced in early 2015 for hot-rolled and cold-rolled coil from China is also beginning to produce results,” she added.

Tan said that since January, the group had seen orders from the construction, renovation and furniture industries increased by more than 15%.

“Our new production line installed at the Sungai Bakap plant late last year has helped us to cope with the new orders by raising output by more than 10%,” she said.

For the nine months of the financial year ended Sept 30, 2016, Leader Steel had returned to the black with a net profit of RM5.2mil on the back of a RM120mil revenue, compared with a net loss of RM2.5mil and a revenue of RM121mil previously.

Last year, the group posted a net loss of RM872,000 on the back of a RM32.5mil turnover.

Moving forward, the group expects the trend in orders to maintain in 2017.

“The prices of steel should maintain also. We can expect a strong double-digit percentage growth for the group in 2017.

“We plan to increase our production capacity by about 20% for 2017 to produce more variety of steel products in different sizes,” she added.

On its business operations in Sarawak, Tan said the plant there had recently obtained SIRIM certification for its steel products sold in East Malaysia.

“The certification will help the group to broaden its customer base in East Malaysia,” she said.

On the trading segment which contributes about 20% of the group’s revenue, Tan said Leader Steel’s manganese products were sold largely in China.

“The price of manganese has risen by more than 50% since early this year,” she added.

Posted by gohchinlim > 2016-12-26 14:52 | Report Abuse

On the steel price, RHB Research analyst Ng Sem Guan expects it to remain stable next year with limited upside.

“The global steel price has gone up from distress levels in late-2015 to early-2016. It is expected to trade at a healthy level, but with not much of upside as long as excess capacity in China lingers in the market,” Sem Guan says.

China is the world’s largest producer and consumer of steel, making up 50% of global demand.

The China Government had earlier indicated its commitment to reduce the steel production capacity via the consolidation of steel groups and provide financial support of 100 billion yuan for worker retrenchment schemes.

For years, aggressive dumping of imported steel products, mostly from China, has rendered many local steel millers uncompetitive with widening losses and their operations almost at a standstill.

But recent months, with a recovery in global steel prices and the Malaysian Government’s latest safeguard measures on imported steel starting Sept 26, have seen life in the local steel players.

Domestic steel prices have gone up by over 10% year-on-year, with steel bars trading at RM1,800-RM1,900 per tonne and wire rods at about RM1,900 per tonne.

The improvement in steel prices has also reflected in the trading of most steel companies listed on Bursa Malaysia, which saw some of them becoming some of the best-performing stocks for this year. Mycron Steel Bhd, Ann Joo Resources Bhd and Leader Steel Holdings Bhd are among the best-performing stocks this year, rising more than 100% year-to-date.

Nonetheless, Sem Guan notes that excess capacity of steel in China would take years to resolve and that it is unlikely to see sharp increases in the global steel price in 2017.

“Basically, the safeguard measures by the Malaysian government for steel products will continue to help local steel players in terms of profitability. But we still have to wait until April 2017 for the final determination,” he says.

Note that the provisional safeguard measures on steel wire rods and steel bars among others are “preliminary”, lasting for 200 days.

The final determination will be made in April next year, which means once the determination is set, the safeguard measures could last for the next four to six years.

Sem Guan expects demand for steel in Malaysia to maintain at 10 million tonnes next year, with limited upside for higher demand due to the softer property market outlook.

Posted by andylim90 > 2017-01-04 11:47 | Report Abuse

Can buy more?

Posted by bali > 2017-01-05 12:02 | Report Abuse

yes, very sure

Posted by andylim90 > 2017-01-05 12:17 | Report Abuse

That is great news. Thank u

Posted by andylim90 > 2017-01-05 14:47 | Report Abuse

Will it break .44?

Posted by andylim90 > 2017-01-05 14:50 | Report Abuse

.435

Posted by andylim90 > 2017-01-09 15:40 | Report Abuse

Up

Posted by bali > 2017-01-09 17:49 | Report Abuse

when can break .44 convincingly..?

Posted by andylim90 > 2017-01-10 10:16 | Report Abuse

Other steel stocks do well. This one not at all.

Posted by andylim90 > 2017-01-10 10:21 | Report Abuse

.435 good entry

Posted by bali > 2017-01-10 16:25 | Report Abuse

can not break 0.44, no volume

Posted by OMGTRADER > 2017-01-16 16:10 | Report Abuse

OHHHHHH...CAN U FEEL THE POWER...YES ITS...

Posted by gohchinlim > 2017-01-16 22:32 | Report Abuse

No at all

Posted by andylim90 > 2017-01-18 15:39 | Report Abuse

Power starting now. Don't miss the train.

Posted by hsong > 2017-02-13 20:38 | Report Abuse

how much could go up and the timeline?

Posted by andylim90 > 2017-02-15 10:44 | Report Abuse

Quarter report coming out.

Posted by TIPIPI > 2017-02-22 10:33 | Report Abuse

really coming this time...

Posted by bali > 2017-02-22 16:30 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/12/19/leader-steel-sees-improved-revenue-profit/



By refering to the coverage of the STAR as above link, why I like Lsteel 9881 are outlined as following:-

1. According to the STAR paper , the demand of steel pipe and related product is promising, the management spend another 2 million capital expenditure to increase the production line at Sungai Bakap new branch. The new plant has been purchased from Eonmetall initially planning for production of Steel Billets.Outlook market for steel pipe is positive according to MISIF. The new production line shall contribute positively in the coming forth quarter results.

2. The coming 4th quarter results shall be getting better and better, due to supply of steel product from China is getting less and less due to safeguard tax. The steel pipe price already surging 30% from it low price now. The management has guarantee the double digit growth in the coming quarter result.

3. The management is controlling almost 75% of it share by direct or indirectly. Due to liquidity of share in the open market is less, the price can be easily push up and down.

4. Megasteel is shut down. Lioncorp is delisted .The safeguard of HRC also rejected. The company can sourcing the HRC from the international market freely. It is easily saving of RM450 per tone by compulsory sourcing the HRC from megasteel.

5. Emetall is producing CRC. LSteel and Emetall have same founder . LSteel can source CRC from its own internal company to ensure the cheaper and continuity supply of raw material for steel bar for furniture steel usage.

6. Lsteel have 3 factorys ie in Penang, Klang and Sarawak which scatter strategically all over east and west Malaysia. The network for it product it mainly hardware shop and also scattering all over Malaysia. By obtaining SIRIM recently in Sarawak, it is a synergy effect in increasing the sale and popularity of LSTEEL in Eastern Malaysia. Considering a lot of new projects such as Pan Borneo Highway etc just taking off.

7. The Theme for market investment for 2016 -2017 will be Steel and its related product. It is mainly due to China cut production and Iron ore price increase and Steel industries being compress and incur losses for so long, the cyclical season is finally back. The China has strong determination in cut production especially in Steel Insdustries considering the air pollution in the country is get worst screnario.

8. The NTA for LSTEEL is RM1.0, now it is trading 0.4 x of NTA. More potential upside. By complying to KYY golden rule in selection of share, ie current quarter results is getting better than previous results, the share price explosion is getting near.

9. The current climbing USD has boosted the export company such as furniture company. The demand for furniture steel is increasing, this will certainly help to boost the company coming quarter results for sure.

10. LSTEEL is a very low profile share company. But nowadays, newspaper , Kenanga , The Edge to start to do the coverage for LSTEEL to discover this undervalue GEM. When it is explode, the price will go sky high.

11. The management keep on buy back his own share up to 1.5% of total share. The management is very confidence of its business and know the market trend very well especially the Founder, they can smell better than a lot of retailers.

12. The really good news for LSTEEL still not yet emerge, but the price of LSTEEL has been rebound from its low of RM0.15. From budget 2017, government plan to help all small and medium size company by buying the equity. This will help to boost the liquidity and publicity of the company. One of the investing arm -Amanahraya Trustee of PNB have owned LSteel for 14%.



Potential of Share Price Explosion if the following occur :

13. Malaysian Iron and Steel Industry Federation (MISIF) sees recovery in the iron and steel industry, and better outlook in 2017 amid the current challenging economic condition. The current steel demand in ASEAN has been positive, adding that its demand growth is between 5% and 6% annually. Steel prices will stay normalised in the fourth quarter of this year and have an upward trend in 2017.

14. Last 3 years, I notice that there is a huge volume of LSTEEL share traded off market. According to the Bursa record, it is about 15% of total share. This meaning the dealer is starting buying the share during at its all time low. The LSTEEL share and volume and together with the good theme, it is easily for the dealer and investor to push the share price into rocket high.

15. One of the secret weapon for LSTEEL is trading of iron ore and manganese. The increase and stable price of iron ore will lead LSTEEL to more profitable results in coming quarters. Its contribute nearly 20% of group revenue .The price of iron ore is around USD75 at month of November/December 2016 from it low of USD38.

Posted by maelxpdc > 2017-02-22 16:42 | Report Abuse

superstock yeah!!

Posted by bali > 2017-02-22 17:31 | Report Abuse

closing at 0.485 , hopping over 0.44 decisively, downtrend is reverse to uptrend

Posted by bali > 2017-02-22 17:32 | Report Abuse

if the quarter result is good, the price will start flying again

Posted by bali > 2017-02-22 17:39 | Report Abuse

Looking for good results as well as dividen from lsteel

Posted by gohchinlim > 2017-02-22 17:54 | Report Abuse

price increase with big volume, the show might start liao, be prepared

Posted by gohchinlim > 2017-02-22 17:54 | Report Abuse

hopefully not follow masteel, too high expection on masteel

Posted by andylim90 > 2017-02-23 12:52 | Report Abuse

Chiong ah! Next black horse?

Posted by thesteward > 2017-02-23 13:48 | Report Abuse

;-)

Posted by thesteward > 2017-02-23 16:22 | Report Abuse

gogo lsteel

Posted by bali > 2017-02-23 17:58 | Report Abuse

SHARES in Leader Steel Holdings Bhd (fundamental: 0.3/3, valuation: 0.9/3) triggered our momentum algorithm yesterday for the first time this year.

The stock closed up 11.49% or five sen higher at 48.5 sen with 1.37 million shares traded, versus the counter’s 200-day average of 429,395 shares.

The company is engaged in the trading and processing of minerals such as iron ore, manganese, mill scales and slags. It also manufactures a range of steel products, including steel bars, pipes and tubes, and hollow sections.

In its third quarter ended Sept 30, 2016, Leader Steel made a net profit of RM2.41 million compared to its net loss of RM1.92 million a year ago, due to a higher profit margin from higher selling prices in the manufacturing segment. Quarterly revenue was up 7% at RM40.66 million compared with RM37.97 million a year ago.

Leader Steel is currently trading at 0.48 times its net book value.

Posted by thesteward > 2017-02-24 10:27 | Report Abuse

keke stock pick 2017

Posted by andylim90 > 2017-02-24 11:08 | Report Abuse

Any target by any analyst research?

Posted by gohchinlim > 2017-02-24 12:06 | Report Abuse

买盘动能持续 荣达钢铁跳涨8%
TheEdgeFri, Feb 24, 2017



（吉隆坡24日讯）荣达钢铁（Leader Steel Holdings Bhd）今早跳涨8.25%，此前兴业研究指如果该股继续保持高于21天简单移动平均线（SMA），买盘动能可能持续。

截至9时40分，该股起4仙，报52.5仙，成交量有57万2700股。

该研究机构今日在报告指出，最近的上行走势可被视为延续自2016年11月30日的“锤子”式反弹。

“股价高于47仙水平可能偏涨，若跌破39仙退场。”

“阻力水平预计为57仙，之后是60仙。”

Posted by huatgor289 > 2017-02-24 16:28 | Report Abuse

buy now!!result is superb!!

Posted by andylim90 > 2017-02-24 17:37 | Report Abuse

Monday break 57.0sen?