Koon Yew Yin's Blog

Leon Fuat is underrated - Koon Yew Yin

Koon Yew Yin
Publish date: Wed, 31 Mar 2021, 02:42 PM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Back Ground of Leon Fuat 

Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing of Steel Products, and Others. It mainly involves in the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, levelling, shearing, profiling, bending, and finishing as well as production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminium, and copper. It operates in two geographical areas; Malaysia and Republic of Singapore. The majority of the company's revenue is derived from the Trading of Steel Products and Processing of Steel Products.

The last traded price is 72 sen. Its latest EPS was 5.99 sen and its previous quarter EPS was 3.76 sen. This shows that the company has very good profit growth prospect. Assuming the next 3 quarters EPS is 5.99 sen, its annual EPS will be 5.99 X 4 = 24 sen. Based on PE 10 Leon Faut should be selling at Rm 2.40.

 

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Discussions
Be the first to like this. Showing 48 of 48 comments

yktay1

all lin

2021-03-31 14:49

speakup

but everybody is saying BJCORP is underrated wor

2021-03-31 14:51

speakup

speakup already loaded up on bjcorp today, no more money buy leonfb

2021-03-31 14:52

SpartanXoXo

every stock also say undervalue underrated you buy all lah

2021-03-31 14:53

speakup

KYY pls write article BJCORP is underrated.
TQ!

2021-03-31 14:54

Lanmum

Wah. Write up so simple ar. I think he everyday also will publish one underrated stock soon.

2021-03-31 14:55

qqq3333

when every share also under rated, it means what?

2021-03-31 14:57

SpartanXoXo

means mega sales apa tunggu lagi? LOL

2021-03-31 15:01

TheOwlsandWolves

7-11 is highly underated.......pergi tengok lah

2021-03-31 15:49

sense maker

This company has net debt RM240m. Avoid.

2021-03-31 23:34

Bamboo Green

Buy!


..... so you can go holland soon

2021-03-31 23:52

Timercheng

Asiapac is also underrated

2021-04-01 08:52

Timercheng

Asiapac cheap2 only 18.5 sen

2021-04-01 08:53

LossAversion

Gloves are underrated !!!!!!

2021-04-01 08:55

OkieDokie

haha ha , Mr KYY really amazed me and I am amused.

2021-04-01 08:56

Sslee

The most underrated and undervalued stock in Bursa is INSAS.
Go and figure out yourself

2021-04-01 09:06

newdestination

buy for kyy, bring him back to the scenes

2021-04-01 10:25

kelvin61

This Geezer has no more followers. Too many con job done in the past. His reputation is bad. Too many people got burnt following his tips.

2021-04-01 12:48

kelvin61

@ Sslee. The problem with INSAS is they don't share the cash. They give you peanuts and ask you for more money like a beggar. So, where is the huge cash they say they have? Is it real? Why ask for more when there is so much available for use?

2021-04-01 12:53

Starship2

Its balance sheet based on equity trackers does not appear to be great to me. Approximately, short term loans- RM217m, cash & equities - RM43m,receivables-RM171m, payables- RM49m. Its latest quarterly report may provide more up-to-date info. I am still learning and so not implying anything on this stock.

2021-04-01 13:08

gohkimhock

uncle KYY knows nothing about accounting. Not even simple basic.

2021-04-01 13:12

kelvin61

@ gohkimhock. Agreed.

2021-04-01 13:36

MF0001

AFTER AT CASE

NOW WHAT U SAY

GONE LARH

:DDDDDDDDDDDDDDDDDDDDDDDDDDDD

2021-04-01 14:21

Stock Kingdom

Who follow who die, it is funny to see still so many follow

May be they didn't see those who was already dead

2021-04-01 15:10

Stockisnotfun

Supermax also undervalued. Why didn't promote anymore?

2021-04-01 15:24

speakup

uncle KYY, how about Ranhill? is it underrated?

2021-04-01 15:49

csan

my message for this old con man is to stay away from the good companies. leon fuat is a real undervalued and extremely promising company that is very likely to fly but this old man has such a poor reputation...it's just tarnishing the reputation of the company. matter of time before leon fuat flies but this old man probably just slowing it down.

2021-04-01 15:51

csan

by the way, for everyone's info, all these articles are written by the analysts hired by koon yew yin for his family office - Koon Yew Yin Capital. it's just approved by koon yew yin, not written by him. really poor quality stuff from the analysts working there......EPS x 4 x 10. hahaha need to improve the quality of your family office la old man.

2021-04-01 15:54

Bursawise

hahahaha….

2021-04-01 16:57

Bursawise

what is underrated???? and how is it underrated..???

2021-04-01 16:57

freeze789

in last 3 months is underrated and now is overrated. haha

2021-04-01 17:24

Albukhary

I been investing in Leon Fuat many years...
Compare to KYY, I think he only invest in Leonfuat last week only...
My cost is 30-40sen, his cost is 70sen..
And this company really shows improvement every quarter, and share price gradually up. With or without KYY, the share price still around 60-70sen.
For me, steel counter will continue show good profit at least for next two quarter... Unless KYY push the price to RM1.00, if not then no point to sell now.

2021-04-01 17:32

SpeedyBoy

He said supermax is ĂĽber rated at Rm 8 ... now below RM 4

2021-04-01 18:26

shareinvestment7

con yew yin become super trader, one day one stock

2021-04-01 20:15

stockwin

Using Kyy's basis to ascertain whether a counter is underated is far too simplistic.
I just came across PPHB, last two qtr eps is 11.32 sen. Assuming the company can continue to maintain the last two qtr earnings then the full year EPS should be 22.64sen. On a PE of 10; the counter should be trading at RM2.26 ??? Currently PPHB is only 90sen, so you are looking at >150% upside !!!
On top of that , PPHB has been reporting profit every qtr for the more than the last 10 years.
Therefore if you use KYY's basis to ascertain if a counter is underrated/ undervalued, then there are many many in Bursa qualify for that ??
When KYY recommend, watch out !!

2021-04-01 20:36

csan

some of the counters he is promoting because he is desperately trying to unload. some (but very few) are truly good like leon fuat

2021-04-02 02:12

aa88

8 million profit !

2021-04-02 16:29

Musang King

Yes. If Leon Fuat is under-rated. What about Chuan Huat? Much better NTA than Leon Fuat. Yeah. I too suspect KKY is offloading LF and that's why he is promoting LF now. Take a look at Chuan Huat's NTA. Having same biz and more diversified than Leon Fuat's biz.

2021-04-02 16:51

awxm2021

uncle KYY pls write MSC underrated.

2021-04-02 17:20

Dangel

Leonfb betul-betul underratedlah!

2021-04-02 17:24

Papayashot

uncle KYY, pls go to enjoy your retirement elsewhere la. Stop spreading around this kind of useless "underrated" articles to help you earning money. All of us know your shitty tricks already. Come on, you are already nearing 90. Pls be more ethical and stop publishing this kind of misleading articles la. It won't do anything good in your afterlife.

2021-04-02 18:12

CharlesT

Wanna bring money into coffin ah?

2021-04-02 19:53

ahbah

Our whole mkt is underrated. kyy even with his 2 eyes closed can esili pick an underrated counter ?

2021-04-07 12:08

lohloyfoo

Undeniable Leonfb is outperform in FY2021

2021-04-07 12:14

Dangel

Leonfb starts to challenge new high! Be alert!

2021-04-07 13:45

lionhead

ORNA is underrated
9.04 sen EPS in 4Q20 means FY21 easily can make 9.04 * 4 = 36.16 sen EPS round up to 36.16 sen EPS. This is not aggressive because PAPER PULP price still increasing trend.

6 x PE on FY21 EPS of 36.16 sen = 6 * 36.16 = RM 2.1

2021-04-18 15:48

Sslee

Please respect your parents.

2021-06-28 07:04

Bgt 9963

Post removed.Why?

2021-06-28 08:38

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