JettLeong

Don't miss the opportunity to ride with the wave of surging

2022-11-29 10:19

IdrakUsama

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

2022-11-29 10:49

ironstockhunter

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

2022-11-29 12:15

chienweilim8139

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

2022-11-29 16:36

chienweilim8139

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

2022-11-29 16:37

dashengyong82

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

2022-11-29 17:00

raphaelchinn94

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

2022-11-29 17:01

ironstockhunter

Back to collecting at sub 50 sen....

2022-11-29 17:10

JettLeong

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

2022-11-30 08:14

JettLeong

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

2022-11-30 08:29

ironstockhunter

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

2022-11-30 16:30

ironstockhunter

unless something major happen again...

2022-11-30 16:30

chienweilim8139

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

2022-11-30 16:50

dashengyong82

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

2022-11-30 16:51

dashengyong82

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

2022-11-30 16:52

raphaelchinn94

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

2022-11-30 16:54

ChunWong93

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

2022-11-30 18:16

IdrakUsama

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

2022-11-30 18:56

JettLeong

Take the opportunity to collect some before it becomes too high

2022-12-01 10:06

ChunWong93

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.

2022-12-01 11:11

JettLeong

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

2022-12-01 11:20

IdrakUsama

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

2022-12-01 12:04

wasabihunter

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

2022-12-01 16:02

dashengyong82

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

2022-12-01 16:28

chienweilim8139

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

2022-12-01 16:29

raphaelchinn94

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

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

2022-12-01 16:33

raphaelchinn94

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

2022-12-01 16:37

ironstockhunter

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

2022-12-01 22:11

ironstockhunter

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.

2022-12-01 22:12

JettLeong

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.

2022-12-02 09:31

ChunWong93

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

2022-12-02 10:26

JettLeong

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

2022-12-02 10:28

IdrakUsama

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

2022-12-02 11:41

raphaelchinn94

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

2022-12-02 16:32

dashengyong82

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

2022-12-02 16:33

chienweilim8139

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

2022-12-02 17:42

chienweilim8139

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

2022-12-02 17:42

ironstockhunter

Steel market is slowly moving upwards...

2022-12-05 13:20

noscopesummer

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

2022-12-05 14:42

slumdoge

Qr this week

2023-02-21 11:45

su1801

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

2023-03-04 22:52

corpsehunter69

chart look sleepy, consolidate again

2023-04-05 12:55

noscopesummer

Waking soon?

2023-08-04 16:11

JettLeong

Will wake up this month end

2023-08-16 16:19

Luo XM Xing Min

It is wakening !

2024-01-17 15:55

Fundamental Trader

50% DISCOUNT and nobody discover it yet.

2024-03-11 11:08

Remnant17

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

2024-03-11 16:36

speakup

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

2024-03-31 20:19

Unknown404

Huat lor! Currently earning 10%!

2 months ago

DCang Akino

It would go further up !

3 weeks ago