PERSTIM (5436): Annualized Results

Back to paying high dividend again after a one year break due to high capex requirement. If the upcoming 1st qtr result is good even in the middle of the pandemic, confirm it's a well managed, inelastic, monopolistic, low p/e and high dividend yield stock. Share price will explode. Cheers to all investors.

2021-08-22 09:15

Bgt 9963

Post removed.Why?

2021-08-22 11:41

About the only issue with this counter is liquidity. There is very little free float. Even after their recent rights and bonus issue last year. Any big buyer put a squeeze on it, price will fly. But fundamentals are so so good.

2021-08-28 16:47

stockraider

Go for it

Just Buy lah!

Superb earnings growth mah!

2021-08-29 12:55

Thanks stockraider. Totally agree with you. This is a high growth and high dividend stock waiting to be discovered and explode. When their Philippines plant start to contribute in a big way very soon, earnings growth is going to be exponential. But it is so small cap and the sellers are so far and few in between. Cheers.

2021-08-29 16:41

20cents DIV not bad.

2021-09-21 13:05

Slightly disappointed with the QR yesterday. With higher REV but lower profit? What to do? this is the nature of business

Good potential with the demand of tin. Good chance to add more today. 20c DIV (assume RM4 purchased price translate to 5% interest liao)

2021-09-22 09:30

kong73

New PERSTIMA tinning line in the Philippines expected to be operational by Q4-2021
Jan 20, 2021
Tenova reports that it has been contracted for a 200,000 tonnes/year new high-speed electrolytic tinning line with insoluble anodes by Perusahaan Sadur Timah Malaysia (PERSTIMA) Berhad, premier producer and supplier of high quality tinplate in South East Asia. This cutting-edge technology will be implemented in PERSTIMA’s plant in Batangas (Philippines). The electrolytic line is expected to be put into operation by Q4-2021.
The electrolytic combined tin-plating and tin-free steel line will work at 550 meters/minute at entry/exit and 420 at the process section, for annual production of 200,000 tons. The steel strip will be 550-1000 mm wide and 0.10-0.60 mm thick, and the line will process all the main grades of steel for a product mix which will satisfy the most recent demand of the high-quality market. A minimum tin coating thickness of 1.1 g/m2 is guaranteed.
The line is equipped with a dedicated section (cells and recirculation equipment) for the production of tin free steel process as well. Tenova will provide the state-of-the art automation with an enhanced Web-Based Level 2 and Roll Management Software to automatically schedule roll activities in the processing line.
“Tenova insoluble anodes technology will permit an easier handling of the process section with highest safety for the operators. Tenova developed an advanced system for the tin-dissolution reactors, achieving very low tin losses in the sludges. This represents a very positive aspect both for economic and environmental reasons”, affirmed Giuseppe Zanzi, Tenova Italimpianti & Strip Processing Sales Manager SEA & India.
“This new project will allow our customer to address the request of higher quality tinplate and TFS in the region, confirming our position in high-standards tin-plating market, after previous important contracts in Spain and in China, among the others”, affirmed Stefano Marelli, Tenova Global Sales Manager South East Asia.
Finally, a further improvement in the quality of the tin-plate has been achieved through the development of special edge-masks. These devices prevent the “white edge defects” due to tin overcoating at the edges while processing strips with different widths. In addition, Tenova edge-mask design guarantees easy inspection and access to the cell. Tenova Insoluble Anode Technology with IGBT Rectifiers globally permits a large operating saving in tin and electrical consumption, guaranteeing the top of quality.

2021-10-06 00:39

kong73

2022 will be a good year with revenue from Philipine market realised

2021-10-06 08:30

last day for 20cents DIV. Next year DIV confirm 50-100% more after Philippine in operation

2021-10-06 09:29

kong73

Perstima is solid as a bull

2021-10-06 12:34

after exDIV macam sudah puncit

2021-10-07 15:20

Normal behavior of such small cap illiquid counter. No more excitement after div. Furthermore with poor recent quarterly result. Unless next qtr result is going to be good. Then some excitement with insiders slowly and quietly buying.

2021-10-08 12:01

stockraider

Potential more than 20 sen dividend for this share loh!

2021-10-08 13:26

Diamond7

TIN prices were at $21,000 in Jan 2021.
It is now at $37,500 now.
The uptrending looks so strong.

2021-10-24 20:57

Diamond7, is this considered good or bad news for Perstima? Cheers.

2021-10-25 12:19

time to wake up! All my other stock up for a month only this drop for a month

2021-10-25 14:14

PassionateInvestor

@lionel messi, according to an article by thedegemarkets a few years ago, it'll negatively impact Perstima profits.
https://www.theedgemarkets.com/article/boon-and-bane-rising-tin-prices

2021-10-25 18:45

if tin price up then Perstima also can increased selling price lo. Important the order book need soar when the Philippine market in full capacity

2021-10-25 19:29

Thank you Passionate and Sebastian. Great info.

2021-10-26 12:15

up or down determined by operator. We ikan bilis only need to have some luck. Hahahaha!!!

2021-10-26 15:18

Not looking good because Everyday people waiting to sell only.

too bad I dont have extra bullet to buy again now. Waiting for dividend to bank in then can buy a bit more

2021-10-27 14:46

RainT

this one can buy ? being main reasons is Philippines expansion ??

2021-11-08 16:04

need to be prepared if you want to beli because this useless counter only up one day then drop one month. Hahahah!

2021-11-09 14:39

wow, volume was unusually high yesterday with sharp rise in price. good results and div coming?

2021-12-17 11:23

danchong

volume coming. Hope for good QR & dividend

2022-02-11 13:51

Insider trading?

2022-02-11 16:16

Diamond7

Up up...
Good fundamentals
Coming quarterly report will be excellent

2022-02-11 16:34

kimchuant8

No dividend this year. Philippines factory start production. Expected break even in 3 years.

2022-08-25 22:15

idunwork

Very good qr

2022-08-30 18:53

https://www.youtube.com/watch?v=7owmL2sT7zE&t=38s

TO-Price must go 4.30-4.4

2022-08-30 23:45

nextan

5.00 coming soon

2022-08-31 09:16

idunwork

Up 18% already but still very few sellers

2022-09-05 22:12

moneymoneycom

2022-09-06 17:02

nextan

Bonus is coming

2022-09-06 19:53

Wait one or two lots

2022-09-14 16:39

To add if $4.

2022-10-01 12:26

https://www.businesswire.com/news/home/20220906005559/en/Global-Tinplate-Market-Report-2022-2026-Increasing-Launch-of-New-Food-and-Beverage-Products-in-Metal-Cans-and-Sustainability-With-Metal-Packaging-Driving-Sector---ResearchAndMarkets.com

2022-10-12 21:13

Believe3222

cantik QR 3.5 coming

2022-11-09 20:11

kimchuant8

Dividend 10sen. Malaysia and Vietnam doing well. Philippines production started, but loosing money.

2022-11-09 22:20

Not interested to sell.

2022-11-10 20:48

jackjason

The Japanese hold more then 2/3 of total share. No easy push the price by minor shareholder. No fund manager hold this share

2022-11-11 01:57