LION INDUSTRIES CORPORATION

KLSE (MYR): LIONIND (4235)

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Last Price

0.54

Today's Change

-0.01 (1.82%)

Day's Change

0.54 - 0.555

Trading Volume

764,700

Overview

Market Cap

388 Million

NOSH

720 Million

Avg Volume (4 weeks)

2,804,829

4 Weeks Range

0.525 - 0.62

4 Weeks Price Volatility (%)

15.79%

52 Weeks Range

0.51 - 0.925

52 Weeks Price Volatility (%)

7.23%

Previous Close

0.54

Open

0.555

Bid

0.54 x 1,900

Ask

0.545 x 12,000

Day's Range

0.54 - 0.555

Trading Volume

764,700

Financial Highlight

Latest Quarter | Ann. Date

31-Dec-2021 | 24-Feb-2022

Next QR | Est. Ann. Date

31-Mar-2022 | 25-May-2022

T4Q P/E | EY

0.95 | 104.82%

T4Q DY | Payout %

0.00% | 0.00%

T4Q NAPS | P/NAPS

2.52 | 0.21

T4Q NP Margin | ROE

16.14% | 22.50%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: METALS

Subsector: METALS

Description:

Lion Industries Corp Bhd is an investment holding and property development company. The Company's business segments are steel, property development, building materials and others.

Discussions
16 people like this. Showing 50 of 29,061 comments

lim900510

lion roar

2022-02-10 10:31

DestinyL

Lion is cousin of tiger lol

2022-02-10 12:05

MrsLee

Nice... tomorrow uptrend again....

2022-02-10 20:11

DestinyL

Steel inching up again

2022-02-11 10:56

luckyman

Steel rebar futures fell to CNY 4,800 per tonne from a 16-week high of almost CNY 5,000 hit on February 11th, as demand from construction projects in China has not recovered yet following the Chinese New Year holiday and as production restrictions were still in place in North of China due to Olympics. Still, the steel is expected to resume upward momentum later in February as China’s government plans infrastructure investments in a bid to boost economic stability. .

2022-02-14 20:32

MrsLee

Tomorrow wil rebound ..

2022-02-14 21:03

DestinyL

Sure boh

2022-02-15 14:45

DestinyL

It is now 4.7K

2022-02-15 14:46

Jerichomy

Yup i agree 5k dont rebound but 4.7k sure tipu

2022-02-16 10:10

Jerichomy

Post removed.Why?

2022-02-16 11:37

Jerichomy

Lion dead kill by tiger haha

2022-02-16 12:03

another77

Lion waiting to roar tomorrow

2 months ago

Noni

Look at the result again....are u sure?

2 months ago

Tobby

Wow! What a big fat profit! It's like paying peanut for elephant meat! Now i am so sure Hiaptek will post similar giant profit!

2 months ago

Tobby

I am surprise that the reaction is so mute!

2 months ago

Learner One

Proposed share buyback shows company well aware of the huge profit

2 months ago

luckyman

NAPS = RM2.66 vs share price @ RM0.60

The market could be waiting to be surprised by the massive contribution to be derived from the revival of Megasteel which will be the biggest steel player in Malaysia.

https://www.theedgemarkets.com/article/lion-industries-flat-steel-busi...

2 months ago

seekingbeta

Still got lion show ?

2 months ago

Heungheungloveyou

Lion is ridiculous under value, a cash rich company that never seen in Malaysia steel stock, and the largest flat steel player in Malaysia do deserve a premium but unfortunately the share price didn?t reflect the true value. Potential a good M&A play of its flat steel plant, potential a privatize candidate due to its cash rich position and low valuation.

2 months ago

Apeinvestor

Enter at 0.60 to ride steel price wave

2 months ago

hoot9e996

any idea why steel counters are dropping still?

2 months ago

Icon 888

Bye bye

2 months ago

tamp0i

Hi Lion... Any chance I can meet you again kah 0.27? Kekeke...

2 months ago

hoot9e996

more like HEY LIONIND
WAKE UP!!! BANGUN LAH
arent you cash rich... do something !!!

2 months ago

hoot9e996

more like HEY LIONIND
WAKE UP!!! BANGUN LAH
arent you cash rich... do something !!!

2 months ago

Bennychua007

Lionind so mati

2 months ago

densim

so cheap. I am BUYING...

2 months ago

s3phiroth

KUALA LUMPUR: Domestic steel mills are adjusting prices due to the potential increase in commodity prices, as market sources say European long steel prices are expected to rise sharply in the coming weeks.

Asteel Group managing director Datuk Sri Victor Hii Lu Thian said domestic steel millers are also factoring in risks associated with the potential increase in domestic and imported inflation, increase in oil and energy prices and potential disruption in the global supply chain.

"Domestic steel bar manufacturers have no control over the rising steel prices

which has resulted in higher building material costs.

"The rising energy prices in Malaysia also exacerbate this.

"In 2021, there was a 64 per cent increase in natural gas tariff, coupled with a hike in global freight costs. Thus, the conflict has prompted many domestic steel manufacturers to rethink the sustainability of their businesses," he told The New Straits Times.

Victor said that domestic steel manufacturers are currently experiencing an excess of inquiries, but it is important to note that steel allocation in our country is limited.

"We find that the demand in Malaysia is merely spurred by earlier purchases by industry players, such as the construction and automotive industries, so it does not impact their budgeted costs that the global price hike may impact," he said.

Steelmakers across Europe are cutting back their operations as power prices surge to record levels in response to Russia's invasion of Ukraine, Bloomberg recently reported.

Producers of the metal from Spain to Germany are beginning to slow down or entirely stop their output as the higher costs make production unsustainable, even with steel trading near record levels.

Russia's invasion of Ukraine has exacerbated already eyewatering power prices, affecting companies including Acerinox SA, Salzgitter AG and Liberty Steel, it said.

When asked on the company's contingency plan if steel prices continue to soar, Victor said Asteel is taking a more cautious approach to the potential price avalanche to manage safety stock inventory levels better.

"We take this precautionary measure due to a lesson learned from the steel price crash in the year 2008.

"Similar to any steel player, the fluctuation of steel prices impacts us as it impacts our cash flow and also our stock prices.

"We are continuously assessing the impact on our product supply chains, including

surging shipping and insurance costs. To mitigate the situation, we are looking at

the possibility of alternative supply chain vendors to overcome these barriers," he said.

Leon Fuat Bhd executive director Calvin Ooi Shang How expect domestic steel prices to rise in tandem with markets overseas as there are knock-on effects from the disruptions to the supply chain in terms of raw material and logistics cost.

When asked if the rising steel prices will be potentially pushed to consumers, he said this depends on the industry and sector.

"If steel prices continue to rise in tandem with other costs, businesses will inevitably pass through the costs to consumers," he said.

Calvin said the strategy is to sustain the business and ensure that any price hikes are gradual and do not disrupt the company's operations and customers.

"We are working closely with steel producers to secure the supply needed at competitive prices to fulfil customer requirements," he said, adding that the company will continue to monitor purchases closely, including the foreign currencies critical to global commodity prices, which in this case is the US dollar.

Victor said currently, the direct impact is still minimal, but there is always the potential for immediate risk in the long run if the conflict continues.

"We believe that most domestic steelmakers have been cushioned with raw material stockpiling and diversified

procurement for now," he said.

Victor noted that the international price trend influences the trajectory of domestic steel prices, for example, trends in China will affect Malaysia as they account for more than half of global crude steel production.

"So far, our domestic steel bar prices have been below China's market price, but this may soon change as the conflict has rattled the global commodity market with ripples spilling over to logistics and freight costs, resulting in delays and higher operational costs," he said.

2 months ago

s3phiroth

Revival of mrt3 project also benefit the local steel industry. Collect now while it is still cheap.

2 months ago

hoot9e996

man i hear this mrt3 project since last year. is this recycle news or something?

2 months ago

toypoodle

So quiet

2 months ago

nicholas99

hello.. run.

2 months ago

densim

How will the RCEP effect the steel ind. ?...

2 months ago

hoot9e996

yay LION time to soar again. gogo metal counters :) lama you tidur

2 months ago

luckyman

Steel Rebar futures have climbed to around CNY 5,200 per tonne, a level not seen since October last year, as risks of supply shortages after top steelmaking city Tangshan implemented a lockdown lent optimism to steel bulls. Coronavirus-induced restrictions in top producer China led to transportation disruptions, with most steel mills now facing raw material shortages. On top of that, soaring energy costs on the heels of the conflict have forced steelmakers to increase prices for large steel sections. However, these COVID-19 lockdowns will also dent demand while increasing inventories, limiting some of the upside momenta. Still, Chinese steel demand is set to rebound strongly as the country is expected to unleash more fiscal spending and tax cuts to spur investment and consumption.

https://tradingeconomics.com/commodity/steel

1 month ago

CSOON 77

Engine Start

1 month ago

luckyman

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id...

Cash in hand is RM721m but the market capitalization of Lion Industries is RM445m only now. NAPS=RM2.66

Even if it doesn't go up, the downside risk should be limited.

Just wait for the surprises from Megasteel.

1 month ago

hoot9e996

hmmmm

1 month ago

DestinyL

Cash on hand means nothing if they can't generate profit. Depending on management, you may or may not be a beneficiary of the cash on hand

1 month ago

VTrade

Period of Time of hold cash
How 2 use cash after hold it along tat time

1 month ago

stockraider

They plan to invest & revive megasteel coil manufacturing with the cash loh!

1 month ago

wallstreetrookie

It doesn't matter. Lion Industries will go up soon when retail bagholders stop holding

1 month ago

flyhub888

soar lion soar!

1 month ago

TeckGor

KASI NAIK!!

1 month ago

TeckGor

lion roar, lion soar

1 month ago

TeckGor

pun intended

1 month ago

flyhub888

global steel price is rising while we sleeping. 2moro woke up to see lion soar again. roarrrr

1 month ago

flyhub888

dropping.. not a good sign

4 weeks ago

TeckGor

construction no move steel hard to move, hopefully govern bring in or create more good news as catalyst

3 weeks ago

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