Utilization rate for steel factories is increasing lately and this company will acquire more and more orders from customers

Engines start heating up for this counter

Seems like move up to Rm2.50 again

From my investment strategies, buy low sell high. Currently it's a good entry price as it's quite low-priced

Steel demand sure will increase given that the infrastructure plans government announced during Budget 20223

Btw, Government are allocating RM145 million for maintenance, upgrading and construction of sports facilities in Budget 2023. Demand for steel will be surged undoubtedly

Trued. Your theory matched with 'Buy low Sell High' concept, JettLeong

Collect a bit at this discounted price and hold it as mid-term investment

Apply 'Buy Low Sell High' rule. This company had reached its 52 weeks low and it's undervalued currently

Thereby, this company's profit will not completely follow the fluctuation of steel price. Good decision from LEONFB's management team

The company had ventured into downstream welded steel pipe business back to 2019's

Currently the steel price just experiencing a pullback, LEONFB still has a chance to maintain their profitability

Dont worry, LEONFB're able to survive during the hardship of steel industry back to 2016's

Government also apportion RM500 million on G1-G4 infrastructure projects in budget 2023. Good news for Steel Industries

Steel demand will increase gradually seeing that the construction activities are recovering lately

Agreed. It's still a good net cash and fundamentally strong company

Seems like it's affected slightly by the OPR hike today...

Hardly go to RM2. Strong support at RM2.25

Nice closing price for the last day of 2Q22

Agreed. After consolidation, there would be plenty of opportunities to enter

Patient is the key. Fly high is not a dream for this counter

I think it is a normal price fluctuation...It will fly once the date of GE15 is confirmed ba

Yup. Just sit tight and look forward for the good delivery of messages after the AGM

Steadily up a bit is good enough~

Nice. Today up a bit when closing

Average a bit if it reached below RM2...No worries. It's a good net cash company

Average a bit at 45 cents. look forward for the breakout. hehe

Seems like most of the GLC companies go up today...

Yes. Seems like it's a good choice to pick this company over other plastic packaging companies. Hehe

Average some if drop below 45 cents

Stay strong at RM2.33 today

Dato keeps buying. May be he thinks his company is being undervalued.

Let's see the movement of this counter when the GE15 is confirmed ba...

Nice. Acquire RM9.6 M letter of award from SOCSO

Yup. Average a bit if drop below 50 cents

Nice. Steady up

Nice la. Revenue had increase 51% and net profit up more than 700% compared to last quarter!

Business had been slowed down for plastic packaging business. Nevertheless, will collect some if drop below RM2.00 as it's a good net cash company~