Posted by IdrakUsama > 2022-11-29 10:49 | Report Abuse

Momentum positif berterusan untuk LEONFB. Amat bagus
Terus memantau pergerakan harga mereka

Posted by ironstockhunter > 2022-11-29 12:15 | Report Abuse

opportunity more to come, but let's wait for qr first

Posted by chienweilim8139 > 2022-11-29 16:36 | Report Abuse

still waiting their QR out first, for now i remain Kiv

Posted by chienweilim8139 > 2022-11-29 16:37 | Report Abuse

it'd be great if our new gov will have some good new on steel or any related sector, things will gear up together and benefit for everyone <3

Posted by dashengyong82 > 2022-11-29 17:00 | Report Abuse

less expectation always less disappointment hahahaha, lucky this time no bad news oso

Posted by raphaelchinn94 > 2022-11-29 17:01 | Report Abuse

expect some profit taking action this few days, other than that all is good

Posted by ironstockhunter > 2022-11-29 17:10 | Report Abuse

Back to collecting at sub 50 sen....

Posted by JettLeong > 2022-11-30 08:14 | Report Abuse

Q3 results were out. Revenue rose 4.8% qoq and 11.4% yoy, but presented net loss in the quarter

Posted by JettLeong > 2022-11-30 08:29 | Report Abuse

Their cost of good sold was high causing their gross profit margin decreased to 2.9% compared to 12.7% in last quarter

Posted by ironstockhunter > 2022-11-30 16:30 | Report Abuse

Steel price already been shaken off for past months, current price movement should be slow & holding up

Posted by ironstockhunter > 2022-11-30 16:30 | Report Abuse

unless something major happen again...

Posted by chienweilim8139 > 2022-11-30 16:50 | Report Abuse

china currency RMB depreciate, this definitely stimulates exports and consequently affects local steel prices

Posted by dashengyong82 > 2022-11-30 16:51 | Report Abuse

After experiencing a low order volume in the third quarter, Malaysia’s domestic sales volume and prices have shown a slight recovery at the beginning of the fourth quarter mainly due to the ringgit’s depreciation, the high import cost and the improvement in labour supply

Posted by dashengyong82 > 2022-11-30 16:52 | Report Abuse

third quarter saw a significant increase in the sales volume and a slight increase in selling prices

Posted by raphaelchinn94 > 2022-11-30 16:54 | Report Abuse

we gonna need some good catalyst, let see if gov will have their further plans for malaysia developement

Posted by ChunWong93 > 2022-11-30 18:16 | Report Abuse

Despite net loss had been presented in Q3, they will back to profit again for the next few quarters owing to an increase in construction activity

Posted by IdrakUsama > 2022-11-30 18:56 | Report Abuse

Tak parlu terlalu pesimis terhadap syarikat ni selepas keputusan yg lemah ditunjuk. Permintaan keluli akan meningkat seiring dengan perkembangan infrastruktur Malaysia

Posted by JettLeong > 2022-12-01 10:06 | Report Abuse

Take the opportunity to collect some before it becomes too high

Posted by ChunWong93 > 2022-12-01 11:11 | Report Abuse

It will rise as global steel demand rises as China reopens its border and China's securities regulator lifts a ban on equity refinancing in the property sector.

Posted by JettLeong > 2022-12-01 11:20 | Report Abuse

The steel wave will return strongly, and the demand for steel will rise early next year

Posted by IdrakUsama > 2022-12-01 12:04 | Report Abuse

Pergerakan Leon Fuat amat mantap selepas keputusan Q3nya disampaikan. Langkah China menyelamatkan sektor hartanah juga dapat membantu bidang pembinaan mereka

Posted by wasabihunter > 2022-12-01 16:02 | Report Abuse

acceptable result, steel price really need to recover before steel company can start making profits

Posted by dashengyong82 > 2022-12-01 16:28 | 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 chienweilim8139 > 2022-12-01 16:29 | Report Abuse

quite impressive and remarkable, look at the peers during that period, leonfb is outperfoming

Posted by raphaelchinn94 > 2022-12-01 16:33 | Report Abuse

you perform good when smooth water, it's called "within expectation"

you perform good during adversity, it's called “excel”

Posted by raphaelchinn94 > 2022-12-01 16:37 | 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 ironstockhunter > 2022-12-01 22:11 | Report Abuse

all steel company are struggling now, but no worries since steel price will rally up in the next cycle

Posted by ironstockhunter > 2022-12-01 22:12 | Report Abuse

Nevertheless, numerous macroeconomic and geopolitical factors will continue to test steel prices. These include China’s zero-COVID initiatives, Europe’s energy crisis, and ongoing demand decreases.

Posted by JettLeong > 2022-12-02 09:31 | Report Abuse

Steel demand will see further growth of 2.2% in 2023

https://www.fastenereurasia.com/?h1861/worldsteel-short-range-outlook-2022-%E2%80%93-2023#:~:text=worldsteel%20forecasts%20that%20steel%20demand,2.2%25%20to%20reach%201%2C881.4%20Mt.

Posted by ChunWong93 > 2022-12-02 10:26 | Report Abuse

Great! Leon Fuat's still moving firmly above 50 cents after that

Posted by JettLeong > 2022-12-02 10:28 | Report Abuse

Also, steel demand will increase as a result of the increase in construction activities and the infrastructure projects planned for 2023

Posted by IdrakUsama > 2022-12-02 11:41 | Report Abuse

Saya rasa data tersebut adalah unjuran konservatif daripada mereka. Pertumbuhan industri keluli akan lebih daripada 2.2% memandangkan aktiviti pembinaan akan meningkat tahun depan

Posted by raphaelchinn94 > 2022-12-02 16:32 | Report Abuse

took profit when 0.55, try my luck to re-enter at 0.5 hehehe

Posted by dashengyong82 > 2022-12-02 16:33 | Report Abuse

u still have less than half an hour left bro hahaha very less likely, can see next week lahh maybe can get 0.5

Posted by chienweilim8139 > 2022-12-02 17:42 | Report Abuse

steel will maintaining at slow speed for now, demand will slowly pick up

Posted by chienweilim8139 > 2022-12-02 17:42 | Report Abuse

Believe that the steel industry will return to peak with strong construction activity in Malaysia

Posted by ironstockhunter > 2022-12-05 13:20 | Report Abuse

Steel market is slowly moving upwards...

Posted by noscopesummer > 2022-12-05 14:42 | Report Abuse

yup, slow pace but at least it is moving & slowly recovering

Posted by slumdoge > 2023-02-21 11:45 | Report Abuse

Qr this week

Posted by su1801 > 2023-03-04 22:52 | Report Abuse

chart look nice.... uptrend started????

Posted by corpsehunter69 > 2023-04-05 12:55 | Report Abuse

chart look sleepy, consolidate again

Posted by noscopesummer > 2023-08-04 16:11 | Report Abuse

Waking soon?

Posted by JettLeong > 2023-08-16 16:19 | Report Abuse

Will wake up this month end

Posted by Luo XM Xing Min > 2024-01-17 15:55 | Report Abuse

It is wakening !

Posted by Fundamental Trader > 1 month ago | Report Abuse

50% DISCOUNT and nobody discover it yet.

Posted by Remnant17 > 1 month ago | Report Abuse

U r correct Fundamental Trader , so reasonable till can say cheap. Bought and also added. Thanks

Posted by speakup > 3 weeks ago | Report Abuse

in malaysia, ppl only want to buy Goreng stocks like Ytl, Ytlpower