Posted by cheoky > 2017-05-25 20:31 | Report Abuse

Sound like mini umw. Prefer ssteel. Just personal preference. Thx for sharing

Posted by probability > 2017-05-25 20:51 | Report Abuse

This lion cub...certainly got potential to be a King. Need to spend some time to figure out its exact business process..which to me is still not so straight forward.

Posted by Ahbeng11 > 2017-05-25 21:02 | Report Abuse

Hello, icon, what does mgo means ?

Posted by OrlandoSTEEL > 2017-05-25 21:42 | Report Abuse

ROAR! ROAR! ROAR! ROAR! ROAR! ROAR!

Posted by Ricky Kiat > 2017-05-25 21:45 | Report Abuse

\(^o^)/

Posted by leoting > 2024-05-17 10:33 | Report Abuse

Good article!

Posted by tan8620 > 2017-05-25 22:57 | Report Abuse

no doubt that all the steel related company given strong qr...likes masteel, emetall, ann joo, prestar, ykgi, lionind...and more to come (mycron)...but the steel counter like under correction period at this moment...ann joo have 10 fold profit but the share price trending lower these few days..

Posted by kanter > 2017-05-26 08:36 | Report Abuse

It's time to harvest NOW!

Posted by Ming Jong Tey > 2017-05-26 09:38 | Report Abuse

Good stuff Icon! A demerger will make shareholders happy :)

Posted by Andry007 > 2017-05-26 11:11 | Report Abuse

not a good recommendation, only ruin your own reputation

Posted by Ryan88 > 2017-05-26 17:09 | Report Abuse

Time to sell and avoid this counter thanks for this article.
Hahahahahaha

Posted by abang_misai > 2017-05-27 08:08 | Report Abuse

Profit growth dependent on higher selling prices? Memang panlai.

Posted by warrenbuffett88 > 2017-05-28 12:20 | Report Abuse

Icon8888 friend, Parkson impairment loss is not as serious as u say.
Base on Annual Report 2016 page98, Lionind's Parkson 23% share is RM672,676,000, but currently the market price is RM251,620,000. So lose 520,445,900, divide by 718million share = 72sen per share. Still have 1.79.
For those profit companies, below NTA is the most valuable to invest.

Additionally, low PE
(8.07+7.16)x2 = 30.46
PE= 114/30.46 = 3.8PE

This is the lowest PE in the malaysia steel market or even world steel market, pls pm me if there are any steel company PE is lower than 3.8 and below NTA.
I will all in my money :)