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2022-11-15 10:38 | Report Abuse
There are other uses for hot-rolled steel as well, e.g. agricultural equipment. There will be huge business growth for Leon Fuat in the future if everything's back on track
2022-11-15 10:30 | Report Abuse
This might help you, Phoebe
https://vulcanpost.com/797953/employee-stock-option-plan-esop-company-benefit-malaysia/
2022-11-14 11:12 | Report Abuse
Steel players like Leon Fuat will return to prime time. Hence, good entry price for now
2022-11-14 11:09 | Report Abuse
Given that vigorous construction activities and infrastructure projects were introduced in the budget for 2023, steel demand will hike undoubtedly
2022-11-14 10:20 | Report Abuse
@flyhub888. By end of this month, roughly 23 or 25 ....Just my guess only
2022-11-11 10:18 | Report Abuse
Leon Fuat is still trading at only 1.60 times for its PE ratio so it's very low-priced and low-risk now
2022-11-11 10:11 | Report Abuse
One of the reasons that the steel industry has positive outlook is the government's announcement of RM500 million allocation for infrastructure projects in Budget 2023, which will increase the demand of steel
2022-11-11 10:05 | Report Abuse
Happy Friday and 11.11
Shopping spree
2022-11-10 10:36 | Report Abuse
The company is capable to maintain their profitability during the fluctuation of steel price
2022-11-10 10:35 | Report Abuse
Don't forget Leon Fuat had ventured into downstream welded steel pipe
2022-11-10 10:33 | Report Abuse
Agreed. Need to be patient for this waiting game
2022-11-09 11:51 | Report Abuse
But can't overlook the market in India because Apple is slowly shifting mobile phone manufacturing hub to India...Meaning that demand of steel will be raised in tandem with setting up factories in India
2022-11-09 11:49 | Report Abuse
Yes, China is still the biggest steel producer currently
2022-11-08 10:19 | Report Abuse
Get ready for Leon Fuat to go towards the prime moment
2022-11-08 10:16 | Report Abuse
Steel demand is elevating progressively
https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/moodys-says-india-a-bright-spot-in-global-steel-demand/articleshow/95360925.cms
2022-11-08 10:12 | Report Abuse
When want to buy cheap, it up...
2022-11-07 10:54 | Report Abuse
Excellent Q3 results can be expected from Leon Fuat this month
2022-11-07 10:53 | Report Abuse
Most steel companies expect domestic demand for the commodity to likely stage a sustained recovery in the second half of the year (2H22)
https://www.thestar.com.my/business/business-news/2022/07/16/demand-for-steel-seen-to-improve
2022-11-07 10:50 | Report Abuse
Seems like can see it at 60 cents
2022-11-03 10:05 | Report Abuse
This company sure can maintain their profitability during uncertainty of the market
2022-11-03 10:03 | Report Abuse
Leon Fuat has large scale of customer base, not only from construction industry but also semiconductor industry as well
2022-11-02 10:07 | Report Abuse
Steel demand will ride up with the strong construction activities for coming months
2022-11-02 10:04 | Report Abuse
Haha. Definitely LEON FUAT is in big sale
2022-11-02 10:00 | Report Abuse
...Price reverse back to EMA 100
2022-11-01 09:50 | Report Abuse
Applying 'buy low sell high' concept. Very good entry price for Leon Fuat currently
2022-11-01 09:48 | Report Abuse
Steel price undoubtedly will rebound strong in conjunction with the growing demand of steel
2022-11-01 09:45 | Report Abuse
I guess 11.11 will boost their sales ba
2022-10-31 09:55 | Report Abuse
However it sure will be back to its moment in due time. Invest it when it's relatively low in cost
2022-10-31 09:52 | Report Abuse
Steel market definitely is a cyclical business
2022-10-28 09:36 | Report Abuse
But if the dividend is adjusted, it turns out their current dividend yield is around 3 to 4% based on the current pricing. But still the dividend yield is very realistic to be achieved.
2022-10-28 09:32 | Report Abuse
Leon Fuat's dividend payout is consistent too. Their dividend yield is 8.0% btw
2022-10-27 10:26 | Report Abuse
Thereby Leon Fuat is considered cheap and oversold at the moment. Plus, the company was managed to record RM23.91 million and RM14.02 million in net profit for this Q1 & Q2 despite the downturn of steel price
2022-10-27 10:20 | Report Abuse
This company has been traded single-digit price-earnings ratio, which is below 5 times
2022-10-26 10:16 | Report Abuse
Given that the construction activities are raising and also infrastructure projects which introduced in budget 2023 will increase steel demand as well
2022-10-26 10:12 | Report Abuse
The demand of steel surely will soar in due course
2022-10-25 09:44 | Report Abuse
Good hedging against the fluctuation of steel price as well
2022-10-25 09:43 | Report Abuse
The company ventured into downstream welded steel pipe business a few years ago
2022-10-25 09:42 | Report Abuse
Back to 50 cents. Wait it up to 55 cents
2022-10-25 09:38 | Report Abuse
Slowly move towards Rm2.70. Nice
2022-10-21 10:53 | Report Abuse
Invest while Leon Fuat is undervalued and cheap
2022-10-21 10:50 | Report Abuse
Not only that, RM500 million allocation to infrastructure projects in budget 2023 will make steel very demanding
2022-10-20 10:35 | Report Abuse
Good management teams sure will lead Leon Fuat to stable and profitable development
2022-10-20 10:31 | Report Abuse
This company was able to survive and withstand the hardship moment of steel industry during the year of 2016
2022-10-19 10:26 | Report Abuse
Once the war between Russia and Ukraine ended, need to rebuild back their country. Hence infrastructure activities will be in peak at that time
2022-10-19 10:24 | Report Abuse
This company will back to prime again I believe
2022-10-19 10:19 | Report Abuse
Yup. Let Tguan break Rm2.7 1st
Stock: [TGUAN]: THONG GUAN INDUSTRIES BHD
2022-11-16 11:21 | Report Abuse
Great Phoebe! Yup, It will undoubtedly dilute their EPS, but it is a good incentive for their employees.Â