Sawadi

how about after disposal amsteel plant lion posim will get any profit ? amsteel is second large shareholder right ?

2021-02-25 12:07

TheContrarian

That one all goes to Lion Industries, the holding company of Lion Posim.

2021-02-25 14:51

william64

This stock can still hold? Up and press down by people...

2021-02-25 22:22

TheContrarian

I feel there's not much downside. There's upside potential from a possible declaration of a generous dividend as it has so much cash/FD. There's also a chance that Lion Industries which already holds close to 75% taking it private.

2021-02-26 00:13

yaphoikiong

Never have the dividend

2021-02-26 21:51

Kana Singgam

lion ind can not delist lion posim without 90% control of the 66m shares they do not own. They must buy more than 90% of the free float. lion ind must pay more than $1.50? for others to give. NTA is MORE than $3 ?

2021-03-06 22:46

SHUECHABOO

There is little hope if you want to expect a dividend from this company. One can only hope the Big Boss makes this company privately owned at a price of RM1-RM1.50 per share. The big boss already owns 75% of the company's shares and only needs RM60-RM90 million to have RM250 million in cash as well as other assets which all amount to RM730 million. The probability of the stock price doubling is very high!

2021-03-16 10:10

Kana Singgam

for big BOSS to take it private he has to get more than 90% of the free float .
Will he get it cheap.
Lion Posim is making profit and has a lot of cash. we the other share holders must fight to prevent the boss from taking it for a song.

2021-03-17 12:26

Sawadi

very very weird where the volume 0.80 go ! Hopefully something good otw

2021-03-17 19:03

Kana Singgam

i do not think whose who are still holding the shares are weak holders. Some are just playing with it.. IT is making profit and has cash. we as a group must not let THE BIG BOSS play us for his benefit. think as a group!

2021-03-18 15:17

Invest_888

Due to settlement of secured debts of RM135 Million, cash on hand is RM242 Million. But the Market cap is only RM151 Million. Less volume trade now. I think small share holders will be fine even it is privatized at RM1.

2021-03-22 10:48

Jeffreyteck

Wonder quality of current assets. London biscuits immediately written off $300 m once put under receivership. Poor disclosure regime but authority and professional just silent or sleeping?

2021-03-24 13:00

TheContrarian

Lion no sell biscuits.

2021-03-25 01:54

WinningBenning

Any special reasons for this mysterious stock not to perform?

2021-03-25 05:59

nmaa3003

made money few years ago with this counter.
high value but price still remain same.

will reenter again.

2021-03-30 21:45

Invest_888

This undervalued stock starts to attract buyers. Price is moving up.

2021-04-05 09:16

STP

ummm unfortunately moving is not big

2021-04-05 12:19

Invest_888

Already attract valued investors.

2021-04-06 09:57

Invest_888

Lionind goes up with high volume, Lionpsim will follow soon.

2021-04-07 14:52

GorengHealthcare

got people started buying liao, this one low float if all hentam will fly sky

2021-04-07 15:34

STP

yes...go...go..go.!!!! Quite active today

2021-04-07 15:35

Invest_888

This time, steel price goes even than 20 days ago. Many steel counters has spiked up more than 10% this week. Lionind goes up with high volume, Lionpsim will follow soon.

2021-04-25 23:13

Invest_888

Financially, Lionpsim is much more better than Lionind. Lionpsim is never losing money since year 2017. Now, Net asset per share is RM3.15. Due to high inventory of steel and other hardwares, Lionpsim profit is promising very good. In fact, the target of RM1.00 is still really low. I bet it will fly more than RM1.00.

2021-04-30 10:04

Sawadi

Hunter only ..... don't think is value investor

2021-04-30 10:20

Invest_888

Broke 2 resistances and largest volumes since end of February. LIONPSIM has successfully attracted new buyers due to uptrending steel price. With NAV RM3.15, Lionpsim can reach RM1.00.

2021-04-30 19:48

Sawadi

the triple 1 player gone !!! yesterday i think the trader on hand 300 lot Q buy n sell

2021-05-01 09:49

stockraider

Buy lah....steel price bullish mah!

2021-05-01 10:09

Invest_888

Lionind share price is still going up.

Financially, Lionpsim is much more better than Lionind. Lionpsim is never losing money since year 2017. Now, Net asset per share is RM3.15. Due to high inventory of steel and other hardwares, Lionpsim profit is promising very good. In fact, the target of RM1.00 is still really low. LIONPSIM will fly more than RM1.00

2021-05-05 11:40

Invest_888

Prestar leads steel related stocks going up. Lionpsim should be the one to goes up due to highly undervalued.

2021-05-06 15:08

Kana Singgam

Lion posim has good value at the moment. only 66m of free float, Off late there is a little volume play. Lion ind. used it to back other of its company. Now cash is back but they do not want to pay out to other share holders(66m). just hold like money in the bank.

2021-05-08 20:29

TheContrarian

Free float is 57,643,000 shares.

2021-05-08 21:47

Sawadi

@TheContrarian you mean free float 57643 lot ( 1000 = 1 lot ) right ???

2021-05-09 15:23

TheContrarian

@Sawadi, yes, if you consider one lot as 1,000 shares.

2021-05-09 16:19

Kana Singgam

Thanks, TheContrarian. for the information on the free float. It means less on the market. More the reason to hold.

2021-05-13 19:42

TheContrarian

Problem is WC isn't in a hurry to privatise despite owning close to 75%.

2021-05-13 21:01

Sawadi

Halo .... anybody still home or run run run ?

2021-05-19 02:58

Invest_888

Latest quarterly financial result is not good, losing small money instead of making money. EPS=-0.08 cent, whereas the NAV=RM3.20.

2021-05-27 13:58

BilisMrJ39

Changed YE from June to Dec. Looks like privatisation will happen by year end

2021-06-10 22:33

SHUECHABOO

MMC & IJMP have been made private companies. Soon LPOSIM will also follow suit. Do not be greedy, can sell at a price of RM1.50 is enough.

2021-06-13 20:40

BilisMrJ39

RM1.50 is quite possible, but I still hoping for higher as net cash per share already more than RM1 and net asset RM3.20.

Anyway, just slowly accumulate and hold for half year

2021-06-13 23:45

Kana Singgam

For LION IND to take Lion Posim private , more than 90% of the other share holders must agree to it. Do you think at $1.50 it is a good price to give it up or it would be Like MBF holding. NTA is about $3.20????

2021-06-17 13:18

Kana Singgam

if you think it is a good price than buy into Lion Ind as it holds Lion Posim and steel is on the move.

2021-06-17 13:22

Sawadi

habis cerita tak ada wayang lagi ....... beli hantar boss pun blh

2022-01-05 08:41

TheContrarian

Why QR so good?

2024-02-27 17:37

STP

Earning good, but price not moving...ummmm😥

2024-04-23 04:55

ocbc

https://www.tiktok.com/@swaphub.co/video/7330854034099670279

2024-09-10 12:57

ocbc

hidden gems

2024-09-10 12:58

speakup

Why? Give some reasons why lah

2024-09-10 13:03

ocbc

You are paying only 10%+ to own these assets. Better than Gtronic or CEB for sure

2024-09-11 12:15

yapts

Keep pressing down the price so that easy to take private.

6 days ago