MELEWAR INDUSTRIAL GROUP BHD
KLSE (MYR): MELEWAR (3778)
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Last Price
0.235
Today's Change
-0.01 (4.08%)
Day's Change
0.235 - 0.24
Trading Volume
172,800
Overview
Market Cap
85 Million
NOSH
359 Million
Avg Volume (4 weeks)
91,342
4 Weeks Range
0.235 - 0.27
4 Weeks Price Volatility (%)
87.04%
52 Weeks Range
0.22 - 0.355
52 Weeks Price Volatility (%)
66.20%
Previous Close
0.235
Open
0.24
Bid
0.24 x 10,000
Ask
0.245 x 43,000
Day's Range
0.235 - 0.24
Trading Volume
172,800
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2022 [#2] | 22-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 31-May-2023
T4Q P/E | EY
39.36 | 2.54%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
1.11 | 0.21
T4Q NP Margin | ROE
0.69% | 0.54%
Market Buzz
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: METALS
Subsector: METALS
Description:
Melewar Industrial Group Bhd is engaged in property development and an investment holding company which through its subsidiaries is principally involved in mid-stream steel cold rolled coil and steel tube manufacturing, coupled with engineering services. The group's steel division manufactures cold-rolled coil steel sheets and steel tubes. The cold rolled segment is in the business of manufacturing and sales of cold rolled coils. The engineering segment is involved in providing engineering services including projects that would be accounted as construction contracts. The investment holding segment refers to companies with investments in subsidiaries and companies with investments in quoted and unquoted equity securities. The company is based in Malaysia.
Discussions
2 people like this. Showing 50 of 2,259 comments
when you arent sure melewar up cause of mycron
or the other way round....
2022-04-12 16:19
I heard mycron offer at rm1. But i think all are rumors, to pump that stock
2022-04-15 14:12
Today will be a good day for Melewar.... Announcement will be in this week...
Limit up at anytime soon
2022-04-18 08:41
should not chase Mycron since it up so much adi, should buy Melewar...it owns 75% of Mycron...and soon will follow Mycron limit up
2022-04-18 10:18
what i heard is close to its net asset value...so offer price is 1.4...
if lower than that, no one will accept
still got a lot of upside ...
2022-04-18 10:46
peluang naik esok memang ada hanya melepasi 460 atau jatuh kembali merah atau bertahan 455 . apapun hold pasti akan lepasi 500 tak minggu ni minggu depan . merah beli hijau tunggu masanya terbang pasti akan tiba .
good luck
hanya berbicara di waktu lapang
maaf jika ada silap kata
2022-04-20 00:50
I don't know what is wrong with this counter. Other steel counters are moving uptrend, but this counter are moving backwards.
2022-04-28 17:19
Melewar is a holding company steel counter. All its steel business is done via Mycron.
2022-04-28 17:44
<Attention>: 0.340 cents; Resistance hover. Low bounce. | 20220531_093550
2022-06-01 12:35
It seems all gloom for steel counters?
Inflation hence less demand?
MST’s products are widely used in the construction, furniture, automotive, bicycle, and engineering industries.
2022-06-16 10:58
0.240 / -wb 0.045 masih dalam area kutip kutip , apa lagi kutip kutip sampai billionaire !
2022-10-05 05:41
Steel rebar futures rose past CNY 4,060 per tonne in January, the highest since late August, supported by expectations of higher demand and signs of tight supply. Iron ore costs in China jumped as cargo surveyors flagged a sharp decrease in shipment volumes from major producer Brazil, leaving blast furnaces scrapping for the steel-making ingredient.
"article from Trading Economics"
Trade at your own risk.
2023-01-13 11:06
Steel rebar futures are trading around CNY 4,006 per tonne (yesterday price) , down from the six-month high of CNY 4,180 touched on January 30th after a survey of post-Lunar New Year inventories of steel products in China showed a significant increase.
"article from Trading Economics"
Trade at your own risk.
2023-02-15 12:52
The tailwinds is pointing to a good direction for steel related counters.
Last QR (Sept to Dec), the steel was priced at:
Sept CNY 4000
Nov CNY 3500 (dropped)
Dec. CNY 3900 (recovering)
Basically all steel related company QR was bad.
Jan'03 CNY 4100
Feb CNY 4200
as of 14 Mar CNY 4339
Practically, next QR forecast should be better.
Trade at your own risk
2 months ago
Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin were near $130 per tonne, approaching the eight-month high of $133 touched on February 21st as investors remain optimistic about Chinese demand this year.
Steel rebar futures rose above CNY 4,300 per tonne in March, the highest in eight months, on optimism of higher demand from China as the country enters peak construction season and is set to announce more fiscal support. The Chinese government announced a 5% growth target for this year during its National People’s Congress session, paving the way for more stimulus for infrastructure. Meanwhile, supply remained tight as major steel production hub Tangshan was forced to extend its production halt in response to heavy pollution. Also, steel mills were forced to make higher bids for iron ore since adverse weather in top iron ore producers Australia and Brazil limited shipments.
"article from Trading Economics"
Trade at your own risk.
2 months ago
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moneytr33
Steel is now CNY5058... TP 40 - 42 sen
2022-03-28 15:45