Posted by tecpower > 2017-05-29 21:21 | Report Abuse

Following release of 1st Quarter Results dated 31-3-17. The net profit surged to RM3 million, showing the best quarters over past few years, the cash flow has been improved to nearly RM6 million, Revenue also improve 11 million from last quarter, finance cost also reduce substantially.
https://klse.i3investor.com/blogs/sharenews/122051.jsp

Posted by jakar > 2017-05-30 03:46 | Report Abuse

company profit so much,no dividend declared, not a good stock.

Posted by tecpower > 2017-05-30 07:49 | Report Abuse

In its evening edition yesterday, the research house said the crossover of the 45 sen hurdle would likely see Lsteel trading upward with the next upside target pegged between 53.5 sen and 57 sen.

http://www.theedgemarkets.com/article/leader-steel-jumps-1413-renewed-buying-interest

Posted by timeinvestor > 2017-05-30 09:25 | Report Abuse

Tecpower thanks for the news link but all are priced in. Repetitive pattern indeed

Posted by tecpower > 2017-05-30 14:27 | Report Abuse

Ann Joo is up Time to buy lsteel.

Posted by tecpower > 2017-05-30 14:30 | Report Abuse

Steel stocks are likely to rebound soon.

Posted by Insider_Says > 2017-05-30 18:44 | Report Abuse

Whole market drop

Posted by Insider_Says > 2017-05-30 18:45 | Report Abuse

From as high of 0.57 to current price, obviously was oversold

Posted by tecpower > 2017-05-30 19:31 | Report Abuse

annualised P/E 4.9

Posted by tecpower > 2017-05-30 19:42 | Report Abuse

Fair value 0.86
http://www.isaham.my/stock/lsteel

Posted by bali > 2017-05-30 19:59 | Report Abuse

洗盤wash plate

Posted by tecpower > 2017-05-30 20:48 | Report Abuse

This is a type of stock Buffett prefer to buy.

Posted by Olga > 2017-05-31 00:02 | Report Abuse

Olga hewiester Olga.. those that have moved up alot, will fall back bc goreng kakis are pushing the price ahead of d results. I doubt this will happen to lsteel bc volume has been low n price hasnt moved that much. Be fearful.. if they have moved alot.
27/05/2017 08:14

i do hope so hewiester.. if not i can add :)
27/05/2017 23:26

Thank u lsteel for dropping.. can u drop more?

Posted by tecpower > 2017-05-31 11:42 | Report Abuse

Today the steel sector has been recovering. LeonFB, Ann JOO and Kinstel have been consolidating. But Lsteel.

Posted by tecpower > 2017-05-31 11:44 | Report Abuse

Only idiots are still selling Lsteel.

Posted by BILLC > 2017-05-31 13:00 | Report Abuse

Idiot is not selling Lsteel, only ASB keeps on selling n they still have tons of stock to dispose.

Posted by TheLegend27 > 2017-05-31 14:13 | Report Abuse

nowadays construction import steel from China coz price cheaper

Posted by tecpower > 2017-05-31 15:10 | Report Abuse

https://www.businessinsider.com.au/the-early-indications-suggest-chinas-economy-performed-well-in-may-2017-5

Posted by tecpower > 2017-05-31 15:15 | Report Abuse

http://mobile.reuters.com/article/idUSKBN18R04M
Buy steel stocks like lsteel!

Posted by tecpower > 2017-05-31 15:19 | Report Abuse

https://www.metalbulletin.com/Article/3721461/Chinas-steel-PMI-rebounds-to-one-year-high-in-May.html

Posted by tecpower > 2017-05-31 18:36 | Report Abuse

Today Leonfb, Masteel, Ann Joo and Chuan are up. Buy steel stocks like lsteel now.

Posted by tecpower > 2017-05-31 19:25 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=977127

Shares buy back

Posted by tecpower > 2017-05-31 21:18 | Report Abuse

Severely undervalued stock!

Posted by veln82k6 > 2017-06-01 10:34 | Report Abuse

operator is pushing down the price to scare the buyer.. Can buy cheaper now. Advise queue to buy at lower price..

Posted by gooman > 2017-06-01 11:28 | Report Abuse

Leonfb is up

Posted by gooman > 2017-06-01 11:29 | Report Abuse

Buy good cheap stocks like lsteel.

Posted by gooman > 2017-06-01 11:38 | Report Abuse

The stock should rebound soon. The fundamentals are still good.

Posted by gooman > 2017-06-01 11:42 | Report Abuse

Lsteel is extremely cheep now. Compare other steel stocks to lsteel.

Posted by veln82k6 > 2017-06-01 15:49 | Report Abuse

Yes. any price below 50 still a good buy

Posted by angkokann > 2017-06-01 16:03 | Report Abuse

steel counter in play this year ? seemed most the steel counters up..

Posted by BILLC > 2017-06-01 16:21 | Report Abuse

U buy but ASB sell ,then u lock up for 2 year makan angin!

Posted by tecpower > 2017-06-01 20:10 | Report Abuse

Leonfb was up 2.76% today.

Posted by tecpower > 2017-06-01 21:20 | Report Abuse

http://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=8353

Posted by tecpower > 2017-06-01 21:23 | Report Abuse

Lionind was up 3.57% today.
ssteal was up 1.23% today.

Posted by bali > 2017-06-02 07:53 | Report Abuse

Asb become smart Liao, stop selling recently

Posted by angkokann > 2017-06-02 11:08 | Report Abuse

good...

Posted by angkokann > 2017-06-02 11:53 | Report Abuse

how high can go

Posted by Felixtanhansiang > 2017-06-02 15:02 | Report Abuse

csc how???

Posted by hornbill > 2017-06-02 15:27 | Report Abuse

PE still low more to go

Posted by Zoe0016 > 2017-06-02 15:43 | Report Abuse

TP how much?

Posted by IVAN2222 > 2017-06-02 16:12 | Report Abuse

BASED ON CONTINUOS GOOD RESULT AHEAD,TARGET PRICE IS 0.7 FOR THE YEAR ENDING 2017,ROUGHLY 30% PROFIT FORM NOW..6 MONTHS TIME

Posted by bjgdila123 > 2017-06-02 16:12 | Report Abuse

sapu sapu 0.55

Posted by IVAN2222 > 2017-06-02 16:29 | Report Abuse

Fair Value
iSaham Fair Value: 0.85

Discounted Cash Flow (DCF)5.0% Growth 0.595
Discounted Cash Flow (DCF)2.3% Growth 0.52
Relative Valuation 1.1
Graham Formula 0.535
Graham Number 1.28
Net Tangible Asset MA 75.51
**We are still working on potential one-off gain algorithm. At the moment, please practice caution for stock that potentially has one-off gain. We recommend growth/risk calculator below to offset the one-off gain you calculated.


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Summary
Market Cap: 62 M.

Number of Shares: 126 M.

Share Weight: Light.

Leader Steel Holdings Berhad, an investment holding company, is engaged in the manufacture, trade, and sale of steel products for industrial, commercial, and household sectors. It produces cold rolled products, including pipes/tubes of various shapes, including round, rectangular, square and oval; wire rods products, such as hot rolled flat bars, square bars, and profile bars; hot rolled coils products, which include black pipes of various sizes, u-channels, gate channels, and trolley tracks; and stainless steel products, including ornamental pipes, flat bars, and stainless steel sheets. The company also provides services for steel products, such as cut-to-sheet slitting recoiling of cold rolled, hot rolled, galvanized iron, electro-galvanized, hot rolled pickled, and oiled steel products. In addition, Leader Steel Holdings manufactures steel product making machinery. The company distributes its products through local stockists in peninsular and east Malaysia, as well as exports its products to Singapore, Vietnam, Mauritius, and the Philippines. Leader Steel Holdings was incorporated in 1987 and is based in Penang, Malaysia.

Posted by tecpower > 2017-06-02 20:03 | Report Abuse

On Monday the stock is likely to move up to RM 0.60.

Posted by hornbill > 2017-06-02 20:24 | Report Abuse

This year hope can start paying dividend.

Posted by bali > 2017-06-02 23:04 | Report Abuse

price breaking 52 weeks high is a very very bullish sign, continue strong buy

Posted by bali > 2017-06-04 18:41 | Report Abuse

http://klse.i3investor.com/blogs/reason4invest/124603.jsp

Posted by tecpower > 2017-06-04 19:30 | Report Abuse

海内外经济改善．马股乐观 | http://www.klsescreener.com/v2/news/view/240479

Posted by tecpower > 2017-06-05 06:20 | Report Abuse

http://www.enanyang.my/news/20170604/【独家预告】三利好激励-进口成本降钢铁业可旺3/

Posted by tecpower > 2017-06-05 12:05 | Report Abuse

海内外经济改善．马股乐观 | http://www.klsescreener.com/v2/news/view/240479