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

moneytr33

Steel is now CNY5058... TP 40 - 42 sen

2022-03-28 15:45

IlmuKhodam

Mycron moving..

2022-04-12 12:25

TheContrarian

Go, go, go Mycron.

2022-04-12 13:06

loneranger163

harap2 mycron boleh touch 0.65 hari ni, sambung esok pulak

2022-04-12 16:14

hoot9e996

when you arent sure melewar up cause of mycron
or the other way round....

2022-04-12 16:19

xytraders

limit up

2022-04-12 21:03

VTrade

Cupper rebounding up
Keke....

2022-04-12 21:07

Michael Kwok

Buy melewar q 41.5 cents.Sell at 50 cents range...

2022-04-13 00:01

hoot9e996

wah

2022-04-15 09:51

utusminum

Privatization offer, offer price is at around 70 sen

2022-04-15 10:41

vic_amat87

Utusminum: how did u know privatization?

2022-04-15 11:51

utusminum

Wait for suspension later..

Can't disclose too much info

2022-04-15 13:23

MunChunxX

wait wat?? privitization ??

2022-04-15 13:36

MunChunxX

are u fking serious can anyone say something about it ?

2022-04-15 13:36

vic_amat87

I heard mycron offer at rm1. But i think all are rumors, to pump that stock

2022-04-15 14:12

utusminum

Today will be a good day for Melewar.... Announcement will be in this week...

Limit up at anytime soon

2022-04-18 08:41

KingKoil

Accumulation

2022-04-18 10:00

TheContrarian

Mycron pulling up Melewar.

2022-04-18 10:07

BursaMaster121212

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

TheContrarian

Melewar might privatize Mycron at RM1.

2022-04-18 10:21

BursaMaster121212

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

TheContrarian

Then go buy Mycron.

2022-04-18 10:55

utusminum

Subsi up a lot adi, go for both

2022-04-18 13:19

mm310

the momentum still good, hope this week will rise to 0.5

2022-04-19 23:08

RAbbit494

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

KingKoil

Commodities theme now.

2022-04-23 21:00

Amzar007

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

TheContrarian

Melewar is a holding company steel counter. All its steel business is done via Mycron.

2022-04-28 17:44

nono_hardi

=.= pray for you then

2022-05-13 14:39

ket4212

tuesday will gap up

2022-05-14 08:50

Gold_Ticker

<Attention>: 0.340 cents; Resistance hover. Low bounce. | 20220531_093550

2022-06-01 12:35

fairyz

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

thesteward

If can break 31 then could fly

2022-06-27 12:16

IlmuKhodam

Son giving 3cent div to mother.

2022-06-29 21:06

imvu

0.240 / -wb 0.045 masih dalam area kutip kutip , apa lagi kutip kutip sampai billionaire !

2022-10-05 05:41

hoot9e996

masteel flying, come on melewar your turn!!!

2022-11-21 15:06

hoot9e996

ok warrant got fly good enough :)

2022-11-21 15:10

Tiger I

Somebody start accumulating

2022-11-21 16:43

Tiger I

come on start the engine

2022-11-23 16:07

hoot9e996

broom broom

2022-12-27 10:14

hoot9e996

engine warming up..........
soon go BROOOOM
lets hope not BOOM down haha

2022-12-27 10:26

AlexChiaWS

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

Superb99

So good prospects, why price keeps dropping, Mr Alex?

2023-02-13 12:09

AlexChiaWS

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

TCH1186

this will go higher in a month. hold your portfolio!

2 months ago

TCH1186

me no joke liao. heh heh

2 months ago

AlexChiaWS

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

AlexChiaWS

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

TCH1186

heh heh

1 month ago

anisayob

Trend besi sdh mau start blk ke?

1 month ago

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