Posted by char1234 > 2021-03-28 23:21 | Report Abuse

company trapping people for now...

Posted by char1234 > 2021-03-28 23:21 | Report Abuse

only after this, you will see positive action

Posted by char1234 > 2021-03-29 22:06 | Report Abuse

maybe coming ..

Posted by SpicyMcDeluxe > 2021-03-30 09:56 | Report Abuse

kekw

Posted by GTMS > 2021-03-30 11:04 | Report Abuse

low PE

Posted by Davidl > 2021-03-30 18:17 | Report Abuse

Buying interests seems improve a lot! New high to b expected soon!

Posted by Pang75 > 2021-03-30 18:49 | Report Abuse

Bursakakis Goreng 自己小心

Posted by amateurJR > 2021-03-30 19:11 | Report Abuse

Hoseh Lo!

Posted by Invest_888 > 2021-03-31 09:16 | Report Abuse

Goreng goreng stock means that a stock without making any profit or only making a low profit(high PE). One goreng stock is FLEXI, IPO price is 20cent, but opening price is 69cent. Latest 9 month profit is only 1.3cent. Flexi price is 41cent now.

In fact, LEONFB NAV=RM1.22, latest quarterly(latest 3 months) EPS is 5.84cent, steel price is much higher in compare with Oct-Dec2020, and good prospect. If LEONFB stock price more than RM1.50, you should start to be careful.

Posted by Pang75 > 2021-03-31 10:39 | Report Abuse

Run before too late

Posted by shortinvestor77 > 2021-03-31 14:52 | Report Abuse

Mr K is ready to sell.

Posted by Johnzhang > 2021-03-31 15:11 | Report Abuse

When Mr K says underated oi r undervalued, he is doing oi it to attract buyers to take over from his liquidation. Don't get trapped

Posted by Albukhary > 2021-03-31 15:13 | Report Abuse

Wow, uncle KYY buy my favourite LeonFuat.
Let see how powerful this uncle KYY

Posted by char1234 > 2021-03-31 22:14 | Report Abuse

this boss is cunning ....from a high....push lower and lower ... laughing to the bank

Posted by char1234 > 2021-03-31 22:15 | Report Abuse

it's worth much more than current price, let see how low they push

Posted by bobochacha > 2021-03-31 23:52 | Report Abuse

after so many counter he recommended , finally this is one counter will drop immediately after his recomendation. meaning no one belive him already.. this time investor smarter than him, instead of buying become selling first.. dont want let him to sell first

Posted by wongck > 2021-04-01 02:22 | Report Abuse

Will wait patiently to buy at 10% discount if recommended by KYY. Need to factor in risk mitigation allowance

Posted by robertzz > 2021-04-01 09:50 | Report Abuse

knn.. radar by kyy.. better run first

Posted by EatCoconutCanWin > 2021-04-01 10:23 | Report Abuse

kyy come in...chao....

Posted by positiontrader > 2021-04-01 11:41 | Report Abuse

Leon Huat just purchased a property at Balakong Jaya Industrial Area, Selangor, along with the factory, warehouse and office building for RM28m. They currently rented it for RM 9k per month.

Sound fishy. Why buy, when you can rent it dirt cheap?

Posted by thundery > 2021-04-01 12:15 | Report Abuse

Thanks KYY give us negative indicators, only we know time to sell

Posted by newdestination > 2021-04-01 14:57 | Report Abuse

uncle kyy where is your firepower. no shock edi ahhr huat where

Posted by newdestination > 2021-04-01 14:59 | Report Abuse

in the past people very excited when kyy recommended their stock, but no bo power ...

Posted by dusti > 2021-04-01 17:06 | Report Abuse

POSITIONT GOOD QUESTION
LOOKS LIKE EVERYONE IS AGAINST KYY, AFRAID OF HIS RECOMMENDATIONS, BUY HE WRITES A LOT EVERY DAY

Posted by bobochacha > 2021-04-01 18:32 | Report Abuse

now uncle koon have develop a Fear Of Missing Out( FOMO) . so he cherry pick a low PE company from different sector each week.

KPS- plastic
dominan- furniture
MNRB - insurance
EUPE - property
Leon Huat- Steel

Posted by ChrisMz > 2021-04-01 20:09 | Report Abuse

you guys check back all the chart of the recent stock picks by KYY. the charts 90% show the same pattern after he recommends, see for yourself

Posted by Davidl > 2021-04-02 09:30 | Report Abuse

Wow! TP2.40 by KYY

Posted by newdestination > 2021-04-02 12:27 | Report Abuse

kyy is in for the long haul BUY

Posted by positiontrader > 2021-04-02 15:02 | Report Abuse

Leon Huat just purchased a property at Balakong Jaya Industrial Area, Selangor, along with the factory, warehouse and office building for RM28m. They currently rented it for RM 9k per month.

Sound fishy. Why buy, when you can rent it dirt cheap?

"Just to elaborate further"
With based lending rate of 3.5%, they need to pay around 250K per month for 10 year loan of RM28m.
Why pay 250K when you can rent it for 9K?

Bailing somebody out at the expense of shareholders?

Posted by lohloyfoo > 2021-04-02 23:35 | Report Abuse

Agreed with KYY, value buy now.

Posted by char1234 > 2021-04-03 01:08 | Report Abuse

I agree, it's a matter of time it will explode up ...

Posted by char1234 > 2021-04-03 01:08 | Report Abuse

boss wants you to sell ..

Posted by lloydlim > 2021-04-04 19:46 | Report Abuse

Possible shoot up tmr!

Posted by char1234 > 2021-04-04 20:53 | Report Abuse

yes , getting ready to move up but we don't know when

Posted by Albukhary > 2021-04-05 00:55 | Report Abuse

positiontrader, you have raise a very good question.

To answer your question, we can think from few perspective:-

1) For any manufacturing business (especially those heavy asset industry), it is always more secure to operate in your own building, instead of rent from other people. Because your business operation cannot afford any risk of relocation. For steel manufacturer, all the plant & equipment, boiler, production line are installed for 10-20 years purpose. You cannot afford the losses to dismantle and reinstall.

2) I am not sure RM28mil is a proper market price or not. Let assume it is the market price, then the question is why want to buy instead of rent. Based on my understanding, in current market situation, many steel producer do not dare to do further expansion. When you business are making money, and you got no plan for expansion, the best way is to buy land.

3) If you are a businessman, I am pretty sure you understand the concept of use your business cash flow to buy land. Let give you an example, I knew a business man, he is involve in small manufacturing business. Over the past 20 years, the business got up got down, he has made RM3-4mil profit per year before, he also suffer Rm2-3mil losses per year before.

When he decide to let go his business, the business is making very minimal profit, around RM400k per year only. If you look at his factory and the machinery, all are old and outdate, maximum worth RM1-2mil only.
That mean, for the new buyer, if using PE Ratio to calculate the company value, maximum is 4 times PE x RM400k - RM1.6mil. If based on NTA, it is also RM1-2mil only.

That mean, for the past 20 years hardwork he has put in, the company is worth maximum RM2mil only. But fortunately, over the past 20 years, he has use his business cash flow to buy land, buy factory. He has total acquired 4 pieces of industrial land, and 1 factory over the past 20 years. Now this land and factory is worth RM25-30mil.

So back to your question, maybe after 10-20 year later, the balakong land can worth RM60-80mil, then you will understand why the company want to buy it instead of rent it.

Posted by char1234 > 2021-04-05 01:48 | Report Abuse

it's a good company with smart management .Hv trapped many ppl inside ..

Posted by SpicyMcDeluxe > 2021-04-05 10:09 | Report Abuse

kekw

Posted by Davidl > 2021-04-05 12:48 | Report Abuse

Uptrend momentum seems gaining stronger recently, easily shoot up all of a sudden!

Posted by char1234 > 2021-04-05 13:06 | Report Abuse

yes, investors trapped can be rewarded soon

Posted by Davidl > 2021-04-05 13:22 | Report Abuse

https://www.financialexpress.com/industry/steel-prices-likely-to-go-up-again-in-april/2226785/

Posted by lloydlim > 2021-04-05 16:58 | Report Abuse

Wuhoo, successfully breakout 0.80! Shall it challenge 1.00 soon?

Posted by Davidl > 2021-04-06 09:00 | Report Abuse

Come! Show me ur power Leonfb!

Posted by Dangel > 2021-04-06 10:29 | Report Abuse

NTA@1.22 + Revenue keeps increasing + MRT3 project going to rollout soon!

Posted by lloydlim > 2021-04-06 11:57 | Report Abuse

https://www.utusan.com.my/nasional/2021/04/kontraktor-terus-tersempit-harga-besi-naik-100-peratus/

Posted by Dangel > 2021-04-06 23:22 | Report Abuse

Selling pressure are well absorbed today, looking forward to breaks 90cts upon buying interests return.

Posted by lloydlim > 2021-04-07 10:34 | Report Abuse

Uptrend momentum getting stronger & stronger, shall we see another new high today?

Posted by Davidl > 2021-04-07 11:42 | Report Abuse

Uptrend towards 1.00, go go go!

Posted by lloydlim > 2021-04-07 12:03 | Report Abuse

New high in the making guys!

Posted by Dangel > 2021-04-07 13:36 | Report Abuse

Yup, breakup with volume, we might see price trading at a new high in the afternoon!

Posted by Davidl > 2021-04-07 14:49 | Report Abuse

Last call to get it at price below 0.90!