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

Posted by JettLeong > 2022-10-27 09:47 | Report Abuse

Looking at the technical chart, Leon Fuat is pending consolidation breakout

Posted by JettLeong > 2022-10-27 09:50 | Report Abuse

If there's influx of volume, it sure will break EMA 50

Posted by ChunWong93 > 2022-10-27 10:20 | Report Abuse

This company has been traded single-digit price-earnings ratio, which is below 5 times

Posted by ChunWong93 > 2022-10-27 10:26 | Report Abuse

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

Posted by raphaelchinn94 > 2022-10-27 14:13 | Report Abuse

steel business is always cycle, so the strategy is to buy in during bad cycle

Posted by raphaelchinn94 > 2022-10-27 14:13 | Report Abuse

go for value hunt, plus leonfb always been a good yielding company, and worry free waiting for the good time cycle come

Posted by dashengyong82 > 2022-10-27 14:16 | Report Abuse

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

Posted by dashengyong82 > 2022-10-27 14:16 | Report Abuse

which is quite remarkable, apparently during that time, their peers arent that lucky

Posted by Stallen95 > 2022-10-27 19:04 | Report Abuse

expecting another bump in net profit for Q3

Posted by Stallen95 > 2022-10-27 19:05 | Report Abuse

consolidation period is almost over, just a nice timing

Posted by ChunWong93 > 2022-10-28 09:32 | Report Abuse

Leon Fuat's dividend payout is consistent too. Their dividend yield is 8.0% btw

Posted by ChunWong93 > 2022-10-28 09:36 | Report Abuse

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.

Posted by JettLeong > 2022-10-28 09:51 | Report Abuse

Flattish sentiment currently based on the reading of MACD...

Posted by JettLeong > 2022-10-28 09:52 | Report Abuse

Grab the opportunity to collect some before it starts moving up high

Posted by raphaelchinn94 > 2022-10-28 15:47 | Report Abuse

quiet day today , get some rest and spend time with your love one guys, TGIF

Posted by raphaelchinn94 > 2022-10-28 15:47 | Report Abuse

nothing much to see for today, call it a day today

Posted by dashengyong82 > 2022-10-28 15:48 | Report Abuse

still got chance to stand at 0.5 or above today

Posted by dashengyong82 > 2022-10-28 15:48 | Report Abuse

the rest we leave it on next week monday, may the odd be with us

Posted by wasabihunter > 2022-10-28 16:54 | Report Abuse

nothing much to see here, but getting close to the steel cycle now

Posted by wasabihunter > 2022-10-28 16:55 | Report Abuse

cheap steel = more steel product = more profit = steel cycle is here

Posted by JettLeong > 2022-10-31 09:36 | Report Abuse

Leon Fuat's PE ratio is very low compared to its peers but the company has high EPS

Posted by JettLeong > 2022-10-31 09:39 | Report Abuse

Once the steel price is up, I believe Leon Fuat will move up at fast velocity

Posted by ChunWong93 > 2022-10-31 09:52 | Report Abuse

Steel market definitely is a cyclical business

Posted by ChunWong93 > 2022-10-31 09:55 | Report Abuse

However it sure will be back to its moment in due time. Invest it when it's relatively low in cost

Posted by Stallen95 > 2022-10-31 13:24 | Report Abuse

When break thru 50 sen, then is time to fly

Posted by Stallen95 > 2022-10-31 13:30 | Report Abuse

just wait for steel price to fly....

Posted by chienweilim8139 > 2022-10-31 16:37 | Report Abuse

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

Posted by chienweilim8139 > 2022-10-31 16:38 | Report Abuse

company had only one single quarter that registered a losss of RM4.18 million in Q4FY19, where the rest of the quarters are performing well

Posted by dashengyong82 > 2022-10-31 16:39 | Report Abuse

steel will always be the critical element in construction sector, and also in the manufacturing industry

Posted by dashengyong82 > 2022-10-31 16:40 | Report Abuse

hence stabilized price and resilient volume, profitable steel companies should be considered as a good value play by investors

Posted by JettLeong > 2022-11-01 09:23 | Report Abuse

By the way, building maintenance is also required steel material

Posted by JettLeong > 2022-11-01 09:26 | Report Abuse

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

Posted by ChunWong93 > 2022-11-01 09:48 | Report Abuse

Steel price undoubtedly will rebound strong in conjunction with the growing demand of steel

Posted by ChunWong93 > 2022-11-01 09:50 | Report Abuse

Applying 'buy low sell high' concept. Very good entry price for Leon Fuat currently

Posted by ironstockhunter > 2022-11-01 11:29 | Report Abuse

Buy in 2022, sell at 2023, don't see steel trend coming by this year

Posted by ironstockhunter > 2022-11-01 11:32 | Report Abuse

perhaps election can bump the market for abit, or war going into more serious business

Posted by Stallen95 > 2022-11-01 11:58 | Report Abuse

@ironstockhunter good advice.... I'm waiting for a lower price first ...

Posted by raphaelchinn94 > 2022-11-01 18:52 | Report Abuse

get ready for the construction big announcement next month

Posted by raphaelchinn94 > 2022-11-01 18:52 | Report Abuse

big sales big sales

Posted by chienweilim8139 > 2022-11-01 18:53 | Report Abuse

bad cycle time meaning buying time, good cycle no more chance to enter

Posted by chienweilim8139 > 2022-11-01 18:54 | Report Abuse

volume not big recently, lay low for awhile first, still waiting for my techincal chart alert

Posted by JettLeong > 2022-11-02 09:45 | Report Abuse

Steel theme will be back for sure and the demand of steel will rise early next year I presume

Posted by JettLeong > 2022-11-02 09:46 | Report Abuse

Accumulate while this company de share price is in the state of low-priced and undervalued

Posted by ChunWong93 > 2022-11-02 10:04 | Report Abuse

Haha. Definitely LEON FUAT is in big sale

Posted by ChunWong93 > 2022-11-02 10:07 | Report Abuse

Steel demand will ride up with the strong construction activities for coming months

Posted by wasabihunter > 2022-11-02 12:25 | Report Abuse

Not much price action until end of this year, need to monitor first for some nice entry price

Posted by wasabihunter > 2022-11-02 12:29 | Report Abuse

Below 50 sen is alway a big sale

Posted by raphaelchinn94 > 2022-11-02 15:47 | Report Abuse

klse index slowly recovering, rebound coming soon

Posted by raphaelchinn94 > 2022-11-02 15:47 | Report Abuse

company will be back to their peak moment