Thereby Leon Fuat is considered cheap and oversold at the moment. Plus, the company was managed to record RM23.91 million and RM14.02 million in net profit for this Q1 & Q2 despite the downturn of steel price
leonfb manage to record RM23.91 million and RM14.02 million in net profit in Q1 & Q2FY22, eventhough during that time there was a sharp drop of steel price
But if the dividend is adjusted, it turns out their current dividend yield is around 3 to 4% based on the current pricing. But still the dividend yield is very realistic to be achieved.
price of steel had been stabilizing around the 1,500 level since June 2022. This indicates a much lesser speculation and panic stock management, and the prices are back to a more normalized level
Government had allocated RM11.4 billion for maintenance and repair of existing government buildings in Budget 2023. The demand of steel will increase further next year
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 256 views | 1 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11354 views | 9 d ago
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New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
chienweilim8139
68 posts
Posted by chienweilim8139 > 2022-10-26 15:10 | Report Abuse
demand all time high now, most probably they will include it and shall see on the next QR or AR