Maybe if not why up so much , but I don't IS not Otb effect also. Leon fuat deserve it. Far better than prestar in term of prestar and other down stream player
PE still relatively low compared to others while production capacity has increased due to new larger factory. On top of that they just sold off one of the property and next quarter will reflect.
Wahlao agak bro. I come here peacefully in hopes my roti telur is free only. The milk I also wan to pass one glass to u but that day told u accidentally buy more not sell :3.
it always takes time to attract other attention... once LEONFB climbs above 1.00, then sure will noticed by other bloggers or bank analysts as well. After this, many of local retailer will also buy LEONFB. dont forget that the steel price was high but the demand of steel havent recover. According to busyweekly, they expect the demand of steel will be peak up in July due to the big construction project will start carry out. Moreover, China government have the new city project to reduce the responsibility of Beijing which named project XiongAn(雄安計劃), their steel is difficult to be exported already. Currently our steel price is much cheaper than China, we still have a place to increase the selling price of steel. In fact, Malaysia started to export steel to other country in April.This will be the catalyst of the steel company bullish again.
from my own database, i have noticed that LEONFB's profit margin of processing segment was increasing steadily since its IPO, so this is why even the revenue drop they also can hit the new high. I believe that if the demand become strong they will make more profit, my intuition is they still havent use all their capacity yet.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
77huat77
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Posted by 77huat77 > 2017-06-02 10:02 | Report Abuse
Maybe if not why up so much , but I don't IS not Otb effect also. Leon fuat deserve it. Far better than prestar in term of prestar and other down stream player