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2018-07-04 09:27 | Report Abuse
Holland also not bad. We got money go holland..
2018-07-04 05:44 | Report Abuse
Just vote no lo during EGM if dont like the deal..This stock got lot of retailer high chace not go through..
2018-07-04 00:49 | Report Abuse
The money is paid over 5 yrs and final payment after 11 yrs. So i think gearing is unlikely increase coz lion generate 100m to 200m each yr.The purchase arrangemnt is : Payment 84 million in first time , 15month later 60m, 70m after 27month, 80m in 39 month, 123million in 51 month with balance paid after 11yrs.
Very long repayment period for the purchase of megasteel. No financial burden at all.
2018-07-04 00:33 | Report Abuse
Actually one of the reason megasteel making loss is very high financing cost beside dumping of steel by china to malaysia. Megasteel borrowing is around 3billion. But now lion industry only buy at 600m excluding the debts .
2018-07-04 00:16 | Report Abuse
If DRI can start operation then different story for megateel steel. I also agreed megasteel can make profit since cheaper iron ore cost
2018-07-03 23:58 | Report Abuse
If gap down lo. sure the proposal wll be rejected by shareholders
2018-07-03 23:53 | Report Abuse
Lion generate combine operating caah inflow of 300milion cash in 2016 n 2017. So it has cash to acquire. I think not so easy to complete the proposal coz a lot of condition need to comply.
2018-07-03 23:37 | Report Abuse
At current market n ekonomy such proposal will be rejected
2018-07-03 23:36 | Report Abuse
Coz involve high investment..
2018-07-03 23:25 | Report Abuse
I think difficult to pass at the EGM..
2018-07-03 23:25 | Report Abuse
High possibility rejected by minority shareholders since directors n his related parties cannot vote.
2018-07-03 23:00 | Report Abuse
Iiondind acquire megasteel. Not sure good or not but it need shareholders approval like ekovest acquire iwcity last time. If dont like can reject it at EGM
2018-07-03 21:39 | Report Abuse
World cup not yet start lo hahaha...use ur lampa what score to night ?
2018-07-03 20:56 | Report Abuse
Ur lampa n brain just use ssteel n masteel result to figure out lionind profit. Really low grade lampa n brain..haha..
2018-07-03 20:26 | Report Abuse
If u can figure out next Q profit now then i can say ur lampa n brain can think.haha.
2018-07-03 19:36 | Report Abuse
Lampa can think meh..only u use lampa think..
2018-07-02 21:22 | Report Abuse
Now market very sensitive. Any bad news will affect the price like last yr when newspaper announce increase in gas price steel sector drop like waterfall. But this year when long steel counter profit release profits still very good.
2018-07-02 21:15 | Report Abuse
I think today drop is because of inrease in electricty price..
2018-07-02 20:06 | Report Abuse
Time will prove who is wrong or right end of this year. I see risk is quite low invest this share. Currently most downstream company profit affected by high material cost as they cannot pass all the cost to consumer.
2018-06-30 16:25 | Report Abuse
Just be patient lo. China blue sky policy sure will push more rebar price higher as more EAF mill will be build and no competitive advantage to export since higher selling price.
In 6 month time, Anjoo price will rocket again as margin is higher.
2018-06-01 08:07 | Report Abuse
PE 25 too high for current market lo.. below 15 will buy..
2018-04-17 14:03 | Report Abuse
If US also imposed sanctions against Russia steel same as aluminium the price will fly to sky..
2018-03-28 10:15 | Report Abuse
Since the warrant can be sell i think the margin is higher..
2018-03-27 23:26 | Report Abuse
If i dont want to subscribe to right issue just sell or what ?
2018-03-23 16:30 | Report Abuse
Wait..I think down till 90..
2018-03-22 15:25 | Report Abuse
If want all the shareholders vote no at the EGM let the share price drop more better. It will rise strongly after it fail.
2018-03-19 23:30 | Report Abuse
Kc all small cap down. Just the matter who loss more this year and which what shares recover fast in future.
2018-03-19 14:54 | Report Abuse
I think time to collect liao..
2018-03-19 13:13 | Report Abuse
Lets vote no lo. then the share price will rise
2018-03-10 20:23 | Report Abuse
New high way unlikely to have high maintenace cost ..just look at ekovest new highway aldy know...The problem is traffic volume only
2018-03-08 12:23 | Report Abuse
Testing ur patient ma..Operator keep testing..Can queue 78 to 79 lo.
2018-02-28 18:02 | Report Abuse
Very good. Improvement lot
2018-02-26 21:56 | Report Abuse
Wait and see tomorrow what price to buy in. Worth at least 2.00 if IOI acquired cepat.
2018-02-25 08:15 | Report Abuse
Still uptrend ...hold till 1.00 warrant target 40 cenrs
2018-02-21 22:06 | Report Abuse
Wait IOI buy cepat. Then the price will go up...
2018-02-21 19:00 | Report Abuse
The price will push more than 1.5 to encourge iwcity shareholders to convert to ekovest shares. Just be patient
2018-02-02 22:24 | Report Abuse
Plantation share very bearish unless CPO price very good
2018-01-17 14:27 | Report Abuse
Worth at least RM1.50 since price takeover iwcity is RM1.50
2018-01-11 23:50 | Report Abuse
Sell all lock in profit..hihi.
2018-01-08 11:47 | Report Abuse
SOP JTIASA TA ANN KLK START GOING UP..GOOD LUCK ALL
2018-01-08 11:28 | Report Abuse
Result to be fantastic this month just hold on..
Stock: [LIONIND]: LION INDUSTRIES CORPORATION
2018-07-04 09:33 | Report Abuse
We got book return ticket. Very soon we will be back..