Posted by thomashan > 2017-12-26 09:36 | Report Abuse

dam i cant get it in cheap price

Posted by leslieroycarter > 2017-12-26 11:32 | Report Abuse

PE 3.43 much lower than Hengyuan, I think very few notice this fantastic result . Hope it may trade PE 5 at rm 1.25.

Posted by Saceyy > 2017-12-26 13:56 | Report Abuse

Decided to go one lot

Posted by jfjfwong > 2017-12-26 15:14 | Report Abuse

PE 4.x now... impossible to lose money...

Posted by andrewong > 2017-12-26 15:40 | Report Abuse

mroe to go .not need worry on leonf. stockto watch next year

Posted by ikanbiliss > 2017-12-26 15:51 | Report Abuse

agreed, on board for 200k shares

Posted by Babihutanding > 2017-12-26 15:51 | Report Abuse

I think 2018 will be anothet gem

Posted by godhand > 2017-12-26 16:32 | Report Abuse

naice

Posted by leslieroycarter > 2017-12-26 16:43 | Report Abuse

If PE 4 , it should be more than RM 1.00

Posted by leslieroycarter > 2017-12-26 16:44 | Report Abuse

Buy more n keep...

Posted by Redpeople > 2017-12-26 17:03 | Report Abuse

will buy back 85 tomorrow..

Posted by kikilalaa > 2017-12-26 17:11 | Report Abuse

will buy back 80 tomorrow..

Posted by Chean Yeh > 2017-12-26 22:47 | Report Abuse

if tomorrow break 0.87 with volume, then it may surge up to 0.90

Posted by veln82k6 > 2017-12-26 22:54 | Report Abuse

Ini kali liao

Posted by huattt > 2017-12-27 00:10 | Report Abuse

CONFIRMED 1.00 before cny!!!!!!!!!!!!!!!! HUATTTTTT!!!!!!!!!!!!!!!!!!

Posted by tkchin1966 > 2017-12-27 08:29 | Report Abuse

sai lang !!!

Posted by leslieroycarter > 2017-12-27 08:35 | Report Abuse

Another Hengyuan , watch out ...PE 3.43 and much lower than Hengyuan now is PE 5....

Posted by leslieroycarter > 2017-12-27 10:09 | Report Abuse

Going to PE 5 at least minum RM 1.00.....b4 year end close on 2017

Posted by leslieroycarter > 2017-12-27 10:24 | Report Abuse

ya...breakout chart , RSI 83% , cup n handle going to be formed rt away...all the chart indicators showing positively...

Posted by leslieroycarter > 2017-12-27 11:19 | Report Abuse

Monday, 27 Nov 2017

12:57PM LEONFB Nine-month net profit 52.602 million (increased 196.38%)

Monday, 28 Aug 2017

6:04PM LEONFB 1H net profit 38.875 million (increased 218.26%)

Posted by PINEAPPLES > 2017-12-27 11:26 | Report Abuse

SONG AH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Posted by Chean Yeh > 2017-12-27 14:34 | Report Abuse

gogogo

Posted by shaklala > 2017-12-27 14:39 | Report Abuse

close eye also 1.00 shakalala

Posted by kennyku > 2017-12-27 15:24 | Report Abuse

Tp 1- 1.200
Tp 2- 1.300

Posted by nakata > 2017-12-28 06:54 | Report Abuse

Sifu, any other similar kind of steel counter you guy looking too ? all the while looking at big four - Annjoo, SSteel, Lionind & Masteel, kind of missing out others, will keep this in buying list

Posted by hatson > 2017-12-28 07:43 | Report Abuse

Buy Anzo for possible 100% profit in one month. Recent good article.

Posted by Chean Yeh > 2017-12-28 11:27 | Report Abuse

nakata, it is because the current steel price which is higher will only benefit the big four. The other downstream players didnt get too much benefit that is why they wont look. however, this leonfb is different because of its steel pipe factory almost done and now super undervalued.

Posted by gems > 2017-12-28 11:40 | Report Abuse

Agreed, once it hits 1.00 there's no turning back, will accumulate these 2 days while all dispose his share to another counter

Posted by leslieroycarter > 2017-12-28 11:43 | Report Abuse

accumulation phase , PE still exceedingly low at 4.36 , shall trade around PE 7+@ RM 1.40-1.50 region in line with the other competitors.

Posted by leslieroycarter > 2017-12-28 11:44 | Report Abuse

buy on gap up...accumulate more in 2018 n should b one of the stock pick in 2018

Posted by gems > 2017-12-28 11:58 | Report Abuse

already 1 lot, still deciding whether should add another lot. Leslie whats your holding?

Posted by leslieroycarter > 2017-12-28 12:05 | Report Abuse

40k

Posted by leslieroycarter > 2017-12-28 12:06 | Report Abuse

If drop further , buy more...

Posted by reginaa > 2017-12-28 12:27 | Report Abuse

Anything below 0.90 can be bought without thinking twice.

Posted by reginaa > 2017-12-28 12:27 | Report Abuse

Definitely a big angpao for cny 2018

Posted by abangadik > 2017-12-28 12:40 | Report Abuse

big huat to Up_down, Guhai and Allwin..together we huat in Leonfb

Posted by Dusk > 2017-12-28 13:05 | Report Abuse

we should lower our voice while we accumulate let them chase after the price is the 1.00, the wolf is listening and hunting

Posted by Chean Yeh > 2017-12-29 00:08 | Report Abuse

abangadik, u forget me... i feel so sad... huat together

Posted by Chean Yeh > 2017-12-29 00:09 | Report Abuse

@dusk, no need to lower our voice. i have waited it for years. now is the time to fly.

Posted by Chean Yeh > 2017-12-29 00:11 | Report Abuse

From RH Research FB Page
两发 LEONFB – 长期遭低估的钢铁股

LEONFB创办于1972年，在2013年上市于大马主要板，主要从事钢铁产品贸易和加工业务，专注于轧制钢 (Rolled Steel) 和扁钢 (Flat Steel) 产品。

其主要贸易产品为碳钢 (Carbon Steel)，尤其是低碳钢 (Mild Steel)、不锈钢和合金钢。作为增值业务的一部分，集团也提供切割、整平、剪切、仿形、弯折和加工钢铁产品的服务，以满足不同行业客户和各种应用需求。

值得一提，这一行业也有一定的入行障碍，尤其是在购买机械和设立仓库方面。这需要动用庞大资金，而不是一般厂商愿意进行这样的投资。因此，其客户相对地更愿意交由LEONFB承担加工工作，以省去上述投资所附带的风险。

其使用的主要原料包括碳钢 (80%)、不锈钢及合金钢。其中约60%的原料采购来自本地制造商或供应商，其余则从海外供应商直接采购。

作为钢铁生产商和最终用户之间的中介，钢铁领域的低迷并未严重影响LEONFB的业务。自2013年上市以来，无论市况好或坏，集团每年都可创造稳定的收入，显示出业务稳定性非常高。

再次强调，LEONFB的商业模式与一般钢铁业者不同。集团在赚幅、库存和资本开销等方面皆比其他钢铁制造商不同。因此，钢铁价格波动并不会对集团构成显著的影响，而且还可选择将提高的成本转嫁至客户身上。在此商业模式为前提下，LEONFB在面对市场低潮时的抵御能力更佳，更有可能保持盈利。

展望未来，LEONFB在多年前已定制三管齐下的策略，目标是为了提升产能、提高效率以及扩大收入来源。其一，在巴生港自由区兴建新仓库。这项建设工程已在FY16完成并已投入运作。这新仓库的净可用存储空间大约为95,000平方英尺。

随着新仓库开始使用，LEONFB正式踏出探索出口市场的第一步。其仓库有一部分仓储空间预留给从国外进口的货物，并可转手出口到东南亚其他国家。此外，这仓库也可为集团节省不必要的进口关税。简短来说，这是集团扩大钢铁贸易业务的计划之一。

其二，把 Wisma Leon Fuat正对面的现有建筑物进行翻修工程。这新的加工厂拥有大约60,000平方英尺的实用空间。同时，集团也在这厂房安装上新的CNC切割机，也把现有的切割机搬迁至新厂。过去两年，LEONFB在这项计划上一共投入RM9m的资本开销。这加工厂预计可把现有产能翻倍，而集团在往后也将有较好的加工流程。

其三，进军钢管 (Steel Pipe) 制造行业，而生产设施将安装在巴生港的新厂房。由于LEONFB一直以来都是钢卷和其他钢铁产品的采购商，集团可利用这流程，顺势把业务多样化至这些钢铁原料生产的最终产品。

在FY17和FY18，LEONFB将拨出共RM50m的资本开销，作为建设钢管制造厂及添购器材的资金。由于建筑师仍在拟定钢管制造厂的蓝图，现阶段未敲定新厂房将设有多少条生产线。

这新厂房预计将在明年下半年竣工，但是预计不会立即为集团带来贡献。无论如何，多元化业务至下游领域，是LEONFB维持盈利赚幅和提高持续性盈利的策略之一。管理层预计钢管制造将成为集团的第三核心业务，是未来核心收入来源之一。

业绩方面，LEONFB在今年首三个季度已交出RM31m的核心盈利。假设全年可交出RM42m的盈利，以310m股数计算，其每股盈利将会是13.55仙。再以保守8-10倍PE推算，其每股潜在价值处于RM1.08-1.35之间，相等于20-50%的潜在上涨空间。

值得一提，LEONFB的每股净资产 (NTA) 为RM0.99，目前的股价RM0.885确实有低估之嫌。

Posted by YLR33 > 2017-12-29 06:27 | Report Abuse

long bar is like Pmetal, leonfb is like Lbalum n Arank, can we say that, sifus, pls share yr view?

Posted by ahot75 > 2017-12-29 10:04 | Report Abuse

@Chean Yeh , thanks for sharing.

Posted by hosehhh > 2017-12-29 10:08 | Report Abuse

all sleeping ah? I was shocked why no one see the potential in this company holy....

Posted by Oreo Oreo > 2017-12-29 10:24 | Report Abuse

aiyo already accumulated some, be patient

Posted by Galant > 2017-12-29 10:52 | Report Abuse

trying some...

Posted by Genius88 > 2017-12-29 11:17 | Report Abuse

It starts to move!

Posted by leslieroycarter > 2017-12-29 11:28 | Report Abuse

accumulation is the answer coz PE is exceedingly low .Much lower than Hengyuan ....TP to hit PE
6 or 7 shall be very conservative and practically in a safe mode.Happy New Year to 2018.....
Leonfb shall be in my stock pick in 2018 at 30% portfolio.

Posted by leslieroycarter > 2017-12-29 11:31 | Report Abuse

PE 5 shall be RM 1.00
PE 6 shall be RM 1.20
PE 7 shall be RM 1.40....

Posted by leslieroycarter > 2017-12-29 11:32 | Report Abuse

Do not miss the CNY angpau.....

Posted by leslieroycarter > 2017-12-29 11:34 | Report Abuse

just like Hengyuan , not entered at 5 , it shot up 10, then 15 n now 20+ n still going up?