LEADER STEEL HOLDINGS BHD

KLSE (MYR): LSTEEL (9881)

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Last Price

0.495

Today's Change

-0.015 (2.94%)

Day's Change

0.49 - 0.51

Trading Volume

1,672,800


1 person likes this.

1,354 comment(s). Last comment by hohlaiyet88 1 month ago

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 13:02 | Report Abuse

To new shareholders :

Recent dividend exercised (1st interim of 1.5c) involved distribution of 2m fund.

With 1Q of 7.1m, another final dividend is within sight. If no next year is guarantee.

Boss say 1 more final div small matters, but share price must UP a bit la!!

ahbah

6,035 posts

Posted by ahbah > 2021-05-21 13:05 | Report Abuse

Up Up Up n away !

Catch me if U can ?

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 13:10 | Report Abuse

Market slowly react to qr. Very good sign.

Will share my thoughts on SUSTAINABILITY issue tonight

2 main reason I pick this counter :

1) new manufacturing plan near Port klang
2) reoccurring rental income 6m from associate com annual.

Cheers!

ahbah

6,035 posts

Posted by ahbah > 2021-05-21 13:16 | Report Abuse

Coming Monday, Lsteel will shoot through the roof ?

No forget, look out for it on Monday !

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 13:16 | Report Abuse

This ctn can't pecut. Too easy money all run.

Prefer step by step. Half day already increase by 7.759 for those brought at 0.58 yesterday.

More to come for sure.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 13:24 | Report Abuse

For LSTEEL members. Have a look at few counters I mention earlier.

For those who already have i want to congratulate in advance.

Chip in little bit no harm, I would not bring u guys to Holland.

My entry near to current prices except Lbalum and prestar.

ahbah

6,035 posts

Posted by ahbah > 2021-05-21 13:53 | Report Abuse

Masuk today.

Or coming Monday, mani players shall cry like small kids for missing the

boat$$$ !

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 17:09 | Report Abuse

1/2 day 7.759%
Full 18.1%. Not bad mah.

See I say LSTEEL will be vanguard today among steels and Al ctns.

Lead from opening till end like General Subutai.

Happy weekend and i promise the sustainability issue posting not later by tomorrow, tired!!!

https://youtu.be/W0DM5lcj6mw

Enjoy ya.

brian3381

1,888 posts

Posted by brian3381 > 2021-05-21 17:20 | Report Abuse

rebound just sell la... sharks wil pushup push down to lure u in

ahbah

6,035 posts

Posted by ahbah > 2021-05-21 17:50 | Report Abuse

Full 18.1 % in dark RED mkt today is excellent !

It is veri dumbi to describe it as not bad mah.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 17:54 | Report Abuse

Dun be too - ve friend, always think jerung every where. Top traps bottum shit hole like Chinese proverb: in front ship's got ghost, behind got bandits.

Every time I press CALL, I make sure I'm well equipped be4 entering battle grounds. And I will not simply shares if not having confident supsequent damage my repo.

Yesterday midnight on small exchange thoughs, I kindly remind u too have a look on Leader, check back what u reply, I guess u r NOT A BELIEVER.

Anyway thanks for ur advice.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-21 17:56 | Report Abuse

Sorry lo, I'm dumb

caonima

323 posts

Posted by caonima > 2021-05-22 16:33 | Report Abuse

they have mining of iron ore...
https://leadersteel.my/what-we-do/we-do/#mineralstab

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-23 13:37 | Report Abuse

Sustainability issues :

I come across a link posted by member by the name of 'moolala' in Prestar.

https://www.klsescreener.com/v2/news/view/831267/steel-steals-the-limelight

After go thru, I can say it contains a comprehensive and details of current and future prospective of metallurgical industries.

Kindly go thru it. No need 4 me to say more

Cheers!!

Posted by The St. Goreng > 2021-05-24 09:20 | Report Abuse

Look at Choobee earnings! Splendid weh.

Only steel counters can produce superb results after glove. tech is over-rated. other board all teruk
The recent collapsed was way overdone. Steel we go!

Invest_888

942 posts

Posted by Invest_888 > 2021-05-24 09:25 | Report Abuse

Lsteel recent quarterly result is extremely good, EPS = 5.47 CENT. Share price is only 72cent only. Worth to buy.

LossAversion

1,679 posts

Posted by LossAversion > 2021-05-24 09:25 | Report Abuse

Come on Leader, show that you live up to your LEADER name

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 09:35 | Report Abuse

Invest_888, just join??

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 10:02 | Report Abuse

I had nicely position my fund, beiow are the break down proportion relatively to fund size :

1) Lsteel - medium size / qr result out, excellent, share price moving responsive

2) Prestar - medium size / qr out, excellent, share price charging up strong after panic corrections.

3) LB - Large / qr SOON, predict 18-20m net profit, price improving slightly

4) AYS - XL / QR SOON, predict > 100% compare last qr, price moving slowly

5) MELEWAR - XL / Soon, explosive results, moving fast

6) KUB - XL / qr soon, jaw dropping, low activity, very good price 4 collection.

NOW ONLY LEFT WITH 20% CASH

will share why this time I put great emphasis in ays and MELEWAR after results out.

Cheers!!!

Akifuyu

150 posts

Posted by Akifuyu > 2021-05-24 15:14 | Report Abuse

share it now please

Invest_888

942 posts

Posted by Invest_888 > 2021-05-24 15:43 | Report Abuse

Lsteel latest earning has just attracted me recently.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 16:30 | Report Abuse

Glad to have u on board

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 16:39 | Report Abuse

Bro, got extra bullet grab a bit of KUB.

IT wouldt disappoint u.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 16:39 | Report Abuse

Still very cheap!!

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 16:47 | Report Abuse

Just post, moved. Magic!!

Thanks for supporting, u jerung ka, so keng 1.

LOL

ahbah

6,035 posts

Posted by ahbah > 2021-05-24 17:28 | Report Abuse

Sori ... rejectedddddd !

I so happi U got masuk the steel stocks n got big angpow today !

ahbah

6,035 posts

Posted by ahbah > 2021-05-24 17:31 | Report Abuse

More splendid financial results are coming for the steel stocks.

Steel stocks ... the BEST game to play play now for esi moni !

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 23:54 | Report Abuse

Good day,

Patience is the keyword in every successful investment. Buying cheaper or big quantities doesn't guarantee biggest return. The accurate way is by % gain at the end of the day. No point if one buy in big and take big angpau 4 few bits gain. Imagine the risk too. Always be comfortable with order send out so pressure wouldn't cloud ur decisions.

Today qr result released by companys, I can say 70% are below par with the rest maintanig or slightly improving. It's wise to have a least 1 steel or aluminium ctn in ur portfolio. This is due (below par qr) to prolong pandemic but steel/aluminium do benefit from it. It will take at least 1 year more to recover.

The era of cheap cheap commodities is over. There is always a limit in our planet resources vs the way we exploit it. Take lsteel for eg,

7.111m / 52.68m is only 13% net margin. What is 13% compare with gloves industry. Go restorant also they charge u 5% service charge.

This will NOT BE A SHORT LIVE RALLY and everything are intact provided steel and aluminium prices does not breach the following

1) 3800 yuan
2) 2000 usd

Steel's manufacturers should take a big lesson from this pandemic in how to maintain a decent profit margin or else another crisis struck they will be buried. A reasonable price for each commodities is the answer to environmental issues as this will curbs wastage.

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-24 23:59 | Report Abuse

Value every single unit on hand. Let's the profits rolling and add if any discount price.

Jalangsen

80 posts

Posted by Jalangsen > 2021-05-26 19:20 | Report Abuse

0.82 is the highest can touch before down..

Invest_888

942 posts

Posted by Invest_888 > 2021-05-27 10:15 | Report Abuse

LSTEEL profit is improved from previous quarter of EPS=2.68 cent to current quarter of EPS=5.47 cent. Before this new quarterly result was out, the price was already 82 cent. In my opinion, LSTEEL should hit at least 95 cent.
One more, LSTEEL borrowing is low and better business ahead. Need not worry at all.

Posted by Creativeteam > 2021-05-27 13:48 | Report Abuse

PE 10 will be rm 1.00 based on current eps x 4 q

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-05-27 22:59 | Report Abuse

POSCO and ARCELOR MITTAL rebound very strong. 3.28% and 4.74% respectively as of writing time.

Alumium too. Bursa traders sucks

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-28 00:43 | Report Abuse

ha ha ha

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-28 00:43 | Report Abuse

yah kah

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-28 00:44 | Report Abuse

sure boh

DreamHunter

10,922 posts

Posted by DreamHunter > 2021-05-28 00:44 | Report Abuse

how you know leh

Invest_888

942 posts

Posted by Invest_888 > 2021-05-31 09:38 | Report Abuse

https://www.investing.com/commodities/ncdex-steel-futures

steel prices rebounce.

FMCO allows construction to continue. Steel stocks with record earning can handle this FMCO, share prices won't drop significantly.

Invest_888

942 posts

Posted by Invest_888 > 2021-06-02 15:27 | Report Abuse

LSTEEL profit is improved from previous quarter of EPS=2.68 cent to current quarter of EPS=5.47 cent. Before this new quarterly result was out, the price was already 82 cent. In my opinion,
One more, LSTEEL borrowing is not high and better business ahead. Need not worry at all.
Expect to reach at least RM1.00

Invest_888

942 posts

Posted by Invest_888 > 2021-06-03 10:40 | Report Abuse

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 28May2021

LSTEEL latest quarterly EPS=5.47 cent with NTA=RM1.20.

Share price is only 72.5cent. Expect to reach at least RM1.00

milosh

377 posts

Posted by milosh > 2021-06-03 11:05 | Report Abuse

Invest_888: you highlight (correctly) high NTA, solid EPS and increasing steel prices, but after that you gave low price target expectation of only RM1

in my opinion, based on financial ratios and sector comparison, current fair value is RM0.94, but if we consider growing steel prices and better future sales ahead, my personal forward target price is RM1.4

LossAversion

1,679 posts

Posted by LossAversion > 2021-06-03 12:28 | Report Abuse

For trading only, disappointment if for investing

Invest_888

942 posts

Posted by Invest_888 > 2021-06-04 16:15 | Report Abuse

Short term target price is RM1.00 since it is the main resistance for the buyers before breaking to higher level. After that it can be highly possible to reach the range of the RM1.4 - RM1.5 with higher revenue and earning in the upcoming quarterly financial result.
.
Due to extremely high demand in steel esp China belt and road initiative, US Biden administrative infra projects & other countries infra projects, the steel/aluminum/copper related businesses are booming. Nowadays, the most profitable and prosperous Malaysia companies are steel companies with record earning.

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 28May2021

Invest_888

942 posts

Posted by Invest_888 > 2021-06-07 20:17 | Report Abuse

https://www.investing.com/commodities/ncdex-steel-futures

steel prices continue rebounce since 27May2021

In comparison with the latest quarter earning with its previous 2 quarterly result, It was fantastic improvement:

LSTEEL earning per share, EPS:

Previous 2 quarter(30SEP2020), EPS=1.91 cent.
Previous quarter(31DEC2020), EPS=2.68 cent.
Latest quarter(31MAR2021), EPS=5.47 cent with NTA=RM1.20.

Share price in Jan2021 was around 57cent. In comparison with other steel stocks with good earning as LSTEEL, Other stocks has surged more than 50%. Leonfb has surged more than 100% since January.

LSTEEL Share price is only 70cent. It is undervalued now. Expect to reach at least RM1.00 and might go further uptrend as well.

stainlyho37

2,249 posts

Posted by stainlyho37 > 2021-06-09 11:19 | Report Abuse

china steel prices looks good ...u may have your collection ..Melewar/Mycron/Lsteel.....

Posted by wallstreetrookie > 2021-06-10 15:09 | Report Abuse

Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022

Luckyboy88

405 posts

Posted by Luckyboy88 > 2021-06-10 22:21 | Report Abuse

How come I know : from experienced.

1) buy into Mycron @ 0.285 small positions ( to date nill)
2) AYS - Few times successful trades
3) Leonfb @ 0.4 small positions - nill now
4) Prestar @ 0.455 seriously position where I mostly sell off at rm1 which I deeply regreted. Now holding less than initial 15%

For prestar, I forsee a good chance for bonus issues soon.

5) Lbalum ( aluminium) @ 0.590 seriously position. 50% holding to date

Due to limited fund, the above are the only companies I had enter with satisfactory return.
29/04/2021 12:11 AM

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