Posted by Fklim888 > 2020-11-29 10:16 | Report Abuse

Look forward rm0.80 intact lol

Posted by Albukhary > 2020-12-02 01:15 | Report Abuse

This LEONFB silently go up without informed... haha

Posted by steeler > 2020-12-02 10:17 | Report Abuse

diam diam ubi berisi

Posted by mrmeow > 2020-12-03 16:01 | Report Abuse

ARANK < Hidden aluminium counter that is yet to fly exponentially

Posted by 1lotman > 2020-12-03 20:13 | Report Abuse

Rm 0.80 just about right... watch this space..

Posted by Albukhary > 2020-12-06 00:14 | Report Abuse

Next week will up 15-20 sen

Posted by Albukhary > 2020-12-07 02:26 | Report Abuse

LEONFB is the most undervalue steel counter.
It worth minimum 80sen

Posted by Albukhary > 2020-12-07 12:27 | Report Abuse

Don't miss the boat!

Posted by Albukhary > 2020-12-07 18:14 | Report Abuse

Don't miss the boat!

Posted by YOLOorLOL > 2020-12-09 09:59 | Report Abuse

S U C K , and stingy company , no body wants

Posted by Albukhary > 2020-12-10 02:05 | Report Abuse

Seriously, this is the last change for you to buy d.
After this round, you can only buy back at 70-80 sen.

Posted by Albukhary > 2020-12-15 09:27 | Report Abuse

Most undervalue steel stock.

Posted by Albukhary > 2020-12-15 09:30 | Report Abuse

The RM280mil stockpile has increase in market value at least 10-20% minimum, due to the surge in steel price in Q4'2020.

Gross profit margin expected to increase to 18-20% in Q4 report.

Posted by LOOK009 > 2020-12-23 16:27 | Report Abuse

Leon Fuat to ride on expansion plans of manufacturers
TheEdge Wed, Dec 23, 2020 04:00pm - 26 minutes ago


A decision made last year to venture into steel pipe manufacturing is already paying off for Main Market-listed Leon Fuat Bhd, as the demand from rubber glove and logistics companies looking to expand their facilities has been robust.

Although this new business segment has yet to make a significant financial contribution, executive director Calvin Ooi Shang How is confident it will become the group’s third core business after steel trading and processing.

“With this diversification, we are providing customers with additional options in the purchase of steel pipes locally. We are of the opinion that the steel pipe manufacturing business complements our trading and processing businesses,” he tells The Edge in an interview.

Steel pipes can be used in many applications, including the manufacture of machinery, steel structural works and storage systems.

“Over the past few months, we have received positive responses from the local market. Today, we are seeing strong demand from the manufacturing industry, especially rubber glove makers, which have been expanding aggressively since the outbreak of Covid-19,” says Ooi.



Generally, manufacturers are Leon Fuat’s indirect clients as the group deals directly with distributors and wholesalers, as well as the manufacturers’ contractors and suppliers.

“Other than the established glove players in the country, many new companies are also diversifying into this [glove] sector. When these companies want to put up new manufacturing facilities, we will become an indirect beneficiary,” Ooi points out.

Leon Fuat’s three-phase steel pipe manufacturing is being undertaken at a new plant sited on a 16-acre parcel in Kawasan Perusahaan Bandar Sultan Suleiman in Port Klang, adjacent to North Port.

Excluding the land cost and RM31 million incidental cost, more than RM50 million has been allocated as capital expenditure for Phase 1, mainly for the purchase of machinery and construction of the factory. Phase 1 commenced operation at the end of 2Q2019. With a current installed capacity of about 5,000 tonnes per month, the factory is running at a utilisation rate of about 60%.

“In hindsight, the timing is just right for us because our steel pipe manufacturing plant is now up and running at a time when the glove manufacturers are expanding, not only this year but also next year. The orders are coming in strongly and we still have sufficient capacity to deliver,” says Ooi, 41, who was appointed to the board of Leon Fuat in June 2012.

He is the son of the company’s co-founder and executive deputy chairman Datuk Seri Ooi Bin Keong, and the nephew of managing director Ooi Seng Khong and executive director Ooi Kong Tiong. He is also the cousin of executive director Ng Kok Teong. The Ooi family controls more than 70% of the company through Leon Fuat Holdings Sdn Bhd.

Ooi stresses that Leon Fuat’s main objective in Phase 2 is to expand its product range, rather than just for the sake of expanding production capacity. “We intend to make steel pipes with a bigger range of sizes, allowing us to serve a wider range of customers,” he says.

“Our immediate plan for Phase 2 is to build a warehouse and common infrastructure surrounding the warehouse for about RM27 million. If and when we are ready to expand capacity, we will need to invest further.”

While Leon Fuat’s current focus is the local market, the group also plans to export its steel pipe products to overseas markets when the time is right, says Ooi. That is why the plant is located in Port Klang.

Trading and processing segments may benefit too


Ooi explains that when manufacturers expand production capacity, they will require not only steel pipes from Leon Fuat but also its processing services for customised parts. Moreover, they would need to order steel parts and materials, which benefits the group’s trading business.

The rising demand for online delivery services has been favourable to Leon Fuat as many logistics and warehouse companies are investing to improve or expand their warehouse handling facilities, including the conveyor and sorting systems, which require a lot of flat and long steel materials. Industries such as palm oil processing and refineries also require Leon Fuat’s products and services.

“We are still new in the steel pipe manufacturing business, but we do see a growing demand for steel material in the future. One of the reasons steel material is widely and continuously used in various industries is because steel is one of the most recyclable materials in the world,” says Ooi.

Over the past five financial years, Leon Fuat generated a net profit of between RM18 million and RM27 million, except for FY2017 ended Dec 31, when it was exceptionally high, and FY2019, when it was exceedingly low. Ooi says the exceptional earnings of RM79.81 million in FY2017 was due to the company recognising gains and compensati

Posted by LOOK009 > 2020-12-23 16:33 | Report Abuse

It has just started to rise and there will be a chance to limit up tomorrow.

Posted by Albukhary > 2020-12-24 09:49 | Report Abuse

The RM280mil stockpile has increase in market value at least 10-20% minimum, due to the surge in steel price in Q4'2020.

Gross profit margin expected to increase to 18-20% in Q4 report.

Posted by Dangel > 2020-12-24 15:19 | Report Abuse

Guys, I'm in today. Good luck to all!

Posted by Fklim888 > 2020-12-28 12:22 | Report Abuse

Break 0.60 anytime just too slow...

Posted by Challengerwinner > 2020-12-28 13:00 | Report Abuse

wait Q4 report

Posted by yiqqre > 2020-12-28 14:59 | Report Abuse

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

Posted by Fklim888 > 2020-12-28 15:02 | Report Abuse

Let see how today go can closed above 0.615

Posted by kentrade888 > 2020-12-28 15:34 | Report Abuse

Leon Fuat to ride on expansion plans of manufacturers
Liew Jia Teng
/
The Edge Malaysia

December 23, 2020 16:00 pm +08

This article first appeared in The Edge Malaysia Weekly, on December 14, 2020 - December 20, 2020.
With the current installed capacity of 5,000 tonnes per month, Leon Fuat’s steel pipe manufacturing plant is running at a utilisation rate of about 60%
With the current installed capacity of 5,000 tonnes per month, Leon Fuat’s steel pipe manufacturing plant is running at a utilisation rate of about 60%

-A+A
A decision made last year to venture into steel pipe manufacturing is already paying off for Main Market-listed Leon Fuat Bhd, as the demand from rubber glove and logistics companies looking to expand their facilities has been robust.

Although this new business segment has yet to make a significant financial contribution, executive director Calvin Ooi Shang How is confident it will become the group’s third core business after steel trading and processing.

“With this diversification, we are providing customers with additional options in the purchase of steel pipes locally. We are of the opinion that the steel pipe manufacturing business complements our trading and processing businesses,” he tells The Edge in an interview.Steel pipes can be used in many applications, including the manufacture of machinery, steel structural works and storage systems.

“Over the past few months, we have received positive responses from the local market. Today, we are seeing strong demand from the manufacturing industry, especially rubber glove makers, which have been expanding aggressively since the outbreak of Covid-19,” says Ooi.



Generally, manufacturers are Leon Fuat’s indirect clients as the group deals directly with distributors and wholesalers, as well as the manufacturers’ contractors and suppliers.

“Other than the established glove players in the country, many new companies are also diversifying into this [glove] sector. When these companies want to put up new manufacturing facilities, we will become an indirect beneficiary,” Ooi points out.

Leon Fuat’s three-phase steel pipe manufacturing is being undertaken at a new plant sited on a 16-acre parcel in Kawasan Perusahaan Bandar Sultan Suleiman in Port Klang, adjacent to North Port.

Excluding the land cost and RM31 million incidental cost, more than RM50 million has been allocated as capital expenditure for Phase 1, mainly for the purchase of machinery and construction of the factory. Phase 1 commenced operation at the end of 2Q2019. With a current installed capacity of about 5,000 tonnes per month, the factory is running at a utilisation rate of about 60%.

“In hindsight, the timing is just right for us because our steel pipe manufacturing plant is now up and running at a time when the glove manufacturers are expanding, not only this year but also next year. The orders are coming in strongly and we still have sufficient capacity to deliver,” says Ooi, 41, who was appointed to the board of Leon Fuat in June 2012.

He is the son of the company’s co-founder and executive deputy chairman Datuk Seri Ooi Bin Keong, and the nephew of managing director Ooi Seng Khong and executive director Ooi Kong Tiong. He is also the cousin of executive director Ng Kok Teong. The Ooi family controls more than 70% of the company through Leon Fuat Holdings Sdn Bhd.

Ooi stresses that Leon Fuat’s main objective in Phase 2 is to expand its product range, rather than just for the sake of expanding production capacity. “We intend to make steel pipes with a bigger range of sizes, allowing us to serve a wider range of customers,” he says.

“Our immediate plan for Phase 2 is to build a warehouse and common infrastructure surrounding the warehouse for about RM27 million. If and when we are ready to expand capacity, we will need to invest further.”

While Leon Fuat’s current focus is the local market, the group also plans to export its steel pipe products to overseas markets when the time is right, says Ooi. That is why the plant is located in Port Klang.

Trading and processing segments may benefit too


Ooi explains that when manufacturers expand production capacity, they will require not only steel pipes from Leon Fuat but also its processing services for customised parts. Moreover, they would need to order steel parts and materials, which benefits the group’s trading business.

The rising demand for online delivery services has been favourable to Leon Fuat as many logistics and warehouse companies are investing to improve or expand their warehouse handling facilities, including the conveyor and sorting systems, which require a lot of flat and long steel materials. Industries such as palm oil processing and refineries also require Leon Fuat’s products and services.

“We are still new in the steel pipe manufacturing business, but we do see a growing demand for steel material in the future. One of the reasons steel material is widely and continuously used in various indust

Posted by kentrade888 > 2020-12-28 15:38 | Report Abuse

Can exceed 0.6 today

Posted by LOOK009 > 2020-12-28 15:56 | Report Abuse

Believed to rise to 0.65 by market close

Posted by Fklim888 > 2020-12-28 15:59 | Report Abuse

The best is 0.70 leonfb.

Posted by LOOK009 > 2020-12-28 16:12 | Report Abuse

Steel stocks are now as popular as glove stocks were before.

Posted by Fklim888 > 2020-12-28 16:14 | Report Abuse

indeed leonfb very undervalue

Posted by LOOK009 > 2020-12-28 16:28 | Report Abuse

Go, go, go!

Posted by LOOK009 > 2020-12-28 16:37 | Report Abuse

Other steel stocks are about to limit up, this still has a chance.

Posted by Fklim888 > 2020-12-28 16:56 | Report Abuse

purposely press down... look like..

Posted by Albukhary > 2020-12-28 19:23 | Report Abuse

Leon Fuat is the best, next target will be RM0.69, then follow by RM0.78, and final stage is RM0.96

Posted by Fklim888 > 2020-12-28 22:00 | Report Abuse

All fly like no tomorrow leftover leonfb.... behind lol

Posted by Albukhary > 2020-12-29 01:30 | Report Abuse

Can accumulate more leon Fuat, you wont regret.

Posted by Dangel > 2020-12-29 10:49 | Report Abuse

Agreed with you Albukhary

Posted by apple168 > 2020-12-29 11:12 | Report Abuse

多人的地方藏陷阱，不要去追高，感恩所有。

Posted by Albukhary > 2021-01-11 00:58 | Report Abuse

工部接白皮书 修6政策惠钢铁业
2021年01月09日

（吉隆坡9日讯）国际贸易与工业部在2019年接获国内钢铁业者提呈的白皮书后，为该行业的当前政策进行6项修订，从而令本地业者在长远中获益。

“The Edge”周刊报道，根据贸工部在去年12月向钢铁业者发出的一份信函中，该部对有关政策进行6项修订，分别为：
1）收紧发放新制造执照的条件；
2）将当前关税结构（包括长型和扁平产品）的5至15％税率有效期，延长至2021年12月31日；
3）通过出口准证机制对钢铁废料征收15％的出口税；
4）通过有准证的制造仓库和免税区，提供申请免进口税或退税便利设施的选择；
5）严格考虑金属废料回收活动的制造许可证；
6）对于金属废料进口，如今允许从事回收活动的制造准证持有人进口铁、铜和铝的金属废料，而贸易商则不允许进口。

贸工部也在信中说，上述修订将一直持续到今年12月31日。在此之前，任何进一步修订将受限于新工业大蓝图的政策导向。

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报道指出，随着政府修订钢铁政策，从长远来看，预计将使整个价值链中的本地企业受益。

钢铁业者于2019年4月30日向政府提呈涵盖68个建议的钢铁业白皮书，业界和各相关协会包括马来西亚钢铁工业联合会，与政府举行集思广益的咨询会议，为钢铁业今后的方向寻求共识。

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收紧新准证标准

业者指出，他们对政府针对行业的长期生产准证采取行动感到欣慰，因为通过收紧新准证的标准可以保护制造商。

大马钢铁工业联合会在去年2月，反对文安钢铁计划（Wenan）在砂拉越民都鲁可再生能源走廊的Samalaju工业园展开新的投资项目，因为若这计划落实，本地钢铁业预计该建议中每年1000万公吨的钢铁产量将会造成国内产量过剩情况进一步恶化。

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他们同时担心，文安钢铁计划因其规模大而能提供更好的废金属价格，从而将废金属拖入市场，导致国内钢铁制造厂亏损。

业内资深人士说：“现在，随着钢铁政策的更新，从长远来看，似乎可解决新的制造准证问题。

“当然，（当局）没有很清楚地表明文安钢铁计划已关闭。尽管有人告知他们已获得生产准证，但尚未知道是否已经向他们颁发生产许可证。”

此外，业者们也欢迎延长扁平产品的进口关税，因为这解决了扁平钢铁倾销问题。

不过，一位业界观察人士指这倾销问题已不是什么大问题，因为中国一直在购买和消耗钢铁，而不是将其倾销在本地数个公司中。

盼重振美佳钢铁

本地钢铁业者向政府提呈的白皮书中，也包含了重振国内最大的热轧钢制造商美佳钢铁（Megasteel）。

作为我国唯一的热轧卷制造商，美佳钢铁在2016年因现金问题而停止运营，并将资产出售给姐妹公司金狮工业（LIONIND，4235，主板工业产品服务组）。

此前有报道称，LICB正在考虑建造一座高炉，其年产能为300万吨铁水。

业界人士说，当局将对钢铁废料征收15％的出口税，是确保本地钢铁废料不会出口。废料是可以在当地工厂的电炉和高炉中使用的原材料。

“若外国买家积极购买本地废钢，那么美佳钢铁的定价将遇到问题。钢铁订单大多是预购订单。当你锁定订单却无法采购原材料时，将会对价格机制造成破坏。”

Posted by lloydlim > 2021-01-11 18:50 | Report Abuse

https://www.sinchew.com.my/pad/con/content_2409013.html

Posted by SifuTangmonk > 2021-01-12 13:20 | Report Abuse

Tp 0.85

Posted by Fklim888 > 2021-01-12 15:08 | Report Abuse

leonfb still sleepy.... all steel up fierce again..

Posted by NPRA1985 > 2021-02-03 22:13 |

Post removed.Why?

Posted by winmal > 2021-02-17 11:33 | Report Abuse

steel counter on uptrend mode.. Ann Joo price have up from 0.6 to 2.11 (3 times) Lion ind from 0.25 to 0.87 (3-4 times) other steels stock also up 2 times

Posted by Vxturbo > 2021-02-17 13:28 | Report Abuse

被低估了NTA1.1

Posted by Albukhary > 2021-02-18 01:40 | Report Abuse

As per 30 Sep 2020, Leon Fuat has RM280mil inventory.
Assume the average selling price increased by 10% during the period Oct'2020 - Dec'2020 (with assumption 50% of these stock are being sold out), we can expect a minimum profit of RM280mil x 50% x 10% = RM14mil.

Posted by Albukhary > 2021-02-18 01:44 | Report Abuse

I believe once the QR result out, Leon Fuat will at least hit RM0.70- RM0.80 within 3-4 weeks

Posted by Albukhary > 2021-02-18 14:07 | Report Abuse

If today closing can stand above RM0.62, then tomorrow will touch RM0.66.

Posted by Silent88 > 2021-02-19 10:27 | Report Abuse

Yesssss nice

Posted by Silent88 > 2021-02-19 11:47 | Report Abuse

Nice

Posted by Vxturbo > 2021-02-20 13:17 | Report Abuse

Tashin 业绩都那么美了，LEONFB肯定历史新高

Posted by Albukhary > 2021-02-24 19:04 | Report Abuse

Tomorrow can limit up?

Posted by Albukhary > 2021-02-24 19:20 | Report Abuse

买对股票很重要。
赚钱的公司，潜能是无限的。
这样的公司，就算股价上到RM1.50，也还是便宜，PE 都不到10倍。