Posted by calvintaneng > 2019-03-25 22:31 | Report Abuse

CALVIN HAS CHOSEN MOSTLY OGSE, SME SUPPORTING OGSE & ECRL STOCKS THIS YEAR

WHICH DEPENDS ON MALAYSIA GOVT INTERNAL STIMULATION RATHER THAN EXPORT STOCKS AS WE DON'T KNOW HOW TRADE WAR OUT THERE WILL AFFECT EXPORT STOCKS

DURING THE GREAT DEPRESSION YEARS OF 1929 TO 1939 JOHN MAYNARD KEYNES CHOSE UTITLY STOCKS & US GOVT INFRAR STOCKS AND SURVIVED THE GREAT DEPRESSION UNSCATHED WITH HIS 2 FUNDS

SO CALVIN CHOSE PROTECTION FIRST... THEN GROWTH

Posted by calvintaneng > 2019-03-26 07:52 | Report Abuse

Prestar or pre star. Buy it before it shines like a star.

A cyclical is like a night star

It goes up when more highways projects are on. It goes down when they are cancelled

Hence it will go up again when highway projects like WCE, Pan Borneo Highway and the Central Spine Road are on

Ecrl will be another powerful booster

Of all construction material stocks Prestar is unique as it has very few able competitors.

So shine it will and shine it must

Posted by fusing79 > 2019-03-26 09:08 | Report Abuse

thank you for sharing

Posted by calvintaneng > 2019-03-26 09:29 | Report Abuse

Welcome fusing 79

Prestar has 50% of the guardrail market

Almost 50% monopoly

Unlike flat steel, long steel and cement which have many players Prestar position is unique

Posted by calvintaneng > 2019-03-26 09:33 | Report Abuse

Another recurring income of prestar comes from guardrail replacement due to accidents on the highways as well as theft or wear and tear

Malaysia has one of the highest accidents rate in the world

Many guardrails are needed for replacement every year

Propel is a proxy to plus road repair
So prestar is the proxy for safety guardrails

Posted by Veron_teo > 2019-03-26 09:33 | Report Abuse

sohem, eat medicine d ?

Posted by calvintaneng > 2019-03-26 09:36 | Report Abuse

Veron tale bearer has come?

You better buy some good good prestar shares as ecrl will benefit construction material stocks especially Prestar

Posted by calvintaneng > 2019-03-26 16:03 | Report Abuse

Ivan9511

Prestar debt is backed by Investment Assets


See i3 investors write up on Prestar

Business Background
Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding. The principal activities are mainly manufacturing of steel related products. The company has three reportable segments mainly: Investment, Trading, and Manufacturing. The firm focusses on manufacturing slitting and shearing of carbon and stainless-steel mother coils into slitted coils/ sheets for automotive, electrical and electronic, office, equipment, metal stamping industries, roll-forming of carbon steel pipes, stainless steel pipes and hollow sections, manufacturing of steel flat bars, steel purlins, wheelbarrows and platform hand trucks, steel shelving and pallet racking and other storage equipment and highway guardrails. The group operates in Malaysia


Business Background
(((Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding)))

i3 Forum Admin compiled the above on Prestar


Check this out

https://klse.i3investor.com/servlets/stk/9873.jsp