Posted by tkl88 > 2020-10-25 22:01 | Report Abuse

Superb Good News !
Like that tommorrow KLSE & Lionind will spike up like mad already liao lah !

The Straits Times

https://www.straitstimes.com/asia/se-asia/live-coverage-malaysia-to-decide-on-emergency-measures

Live: Muhyiddin's emergency plan rejected by Malaysia's King

Malaysia's King has rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis. Follow the latest updates here.

6.40pm
Malaysia King says no need at this time to declare emergency

Malaysia’s king, Sultan Abdullah Ahmad Shah, on Sunday rejected a proposal by Prime Minister Muhyiddin Yassin for a state of emergency to be imposed because of the coronavirus crisis.
The palace said the Malaysian government has managed the pandemic well and is capable of continuing to manage the crisis under PM Muhyiddin Yassin, reported Reuters.
The king also reminded politicians to stop all politicking that could affect the stability of the country.

Posted by khatulistiwa1234 > 2020-10-26 10:47 | Report Abuse

A few observations on the daily chart:

i. Refer Circle 1, the stock saw surge in volume entering in May 2020, after the Movement Control Order (MCO) was eased and Construction Sector was allowed to open.

ii. Refer Circle 2, the stock spiked to a recent high of 37c in June 2020, on the back of strong volume, and nearly touched the R1 resistance area before reversing direction

iii. Refer Circles 3 & 4, where we see that the sellers have been dried up, at the support area S1, which is between 25-26c. This area seems to have a large support of buyers, waiting to enter the stock.

iv. Should buyers be interested in this stock, we might see an upmove back to test the R1 resistance around 38-40c, then R2 resistance at 54-56c



CONCLUSION

Considering all the above, I opine that current price for LIONIND is attractive due to below:

i) Global steel prices are recovering, as industrial activities are picking up as the world works in a new normal facing COVID19 pandemic

ii) Latest closing price offers a 85.5% discount to its NTA, and the company has a huge cash pile of 46.4c per share, which is 1.75 times is latest market cap

iii) Chart showing a good level to accumulate this stock at the S1 support price between 25-26c

Posted by khatulistiwa1234 > 2020-10-26 10:47 | Report Abuse

Whales back

Posted by khatulistiwa1234 > 2020-10-26 10:56 | Report Abuse

CHINA iron sector is strong breath on , demand is huge , plus sentiment in worldwide demand iron is huge increased , development and construction is wake up , time gap up .

Posted by mf > 2020-10-26 10:57 | Report Abuse

rumors for step down after meting ?

Posted by khatulistiwa1234 > 2020-10-26 11:32 | Report Abuse

ZAHID since boycott .

Posted by khatulistiwa1234 > 2020-10-26 11:33 | Report Abuse

Government on shiver condition , sink boat trace .

Posted by khatulistiwa1234 > 2020-10-26 11:34 | Report Abuse

Muhyiddin get slap yesterday by AGONG , today another slap ZAHID , time resign .

Posted by khatulistiwa1234 > 2020-10-26 11:38 | Report Abuse

Step down is count down .

Posted by tkl88 > 2020-10-27 09:11 |

Post removed.Why?

Posted by tkl88 > 2020-10-27 09:12 |

Post removed.Why?

Posted by tkl88 > 2020-10-27 09:17 |

Post removed.Why?

Posted by tkl88 > 2020-10-27 09:22 |

Post removed.Why?

Posted by tkl88 > 2020-10-27 09:23 |

Post removed.Why?

Posted by tkl88 > 2020-10-27 09:25 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-10-27 16:34 | Report Abuse

I am wonder , such rich company , Total Cash position is RM 333.5 mil (cash per share of 46.4c, which is 175% of market cap) retarded so long ......

Posted by khatulistiwa1234 > 2020-10-27 18:13 | Report Abuse

Horse flies effect implement , see this old horse whether can perform or not , i am using the old methods , hope got weird effect ....MURPHYS LAWS collection apply .

Posted by khatulistiwa1234 > 2020-10-27 18:14 | Report Abuse

DRAGON TIGER FIGHT SPIRIT BACK , is my MOTIVE .

Posted by khatulistiwa1234 > 2020-10-27 18:16 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-10-27 18:16 | Report Abuse

I learn from back door expert ...

Posted by NoEmo > 2020-10-27 20:32 | Report Abuse

Be patient for another week. Time to collect more Lion Ind shares and sit back awaiting for explosive positive news.

Posted by khatulistiwa1234 > 2020-10-27 21:06 | Report Abuse

Annual report out , share buy back , perfect report having .

Posted by khatulistiwa1234 > 2020-10-27 21:06 | Report Abuse

TIME erupt , shoot back

Posted by tkl88 > 2020-10-28 09:21 |

Post removed.Why?

Posted by tkl88 > 2020-10-28 09:25 |

Post removed.Why?

Posted by tkl88 > 2020-10-28 09:28 |

Post removed.Why?

Posted by tkl88 > 2020-10-28 09:37 |

Post removed.Why?

Posted by khatulistiwa1234 > 2020-10-28 14:41 | Report Abuse

国家皇宫总管阿末法迪尔今日发文告指出，国家元首苏丹阿都拉劝告国会议员支持2021年财政预算案，这是为了人民生活福祉，以及恢复受疫情重创的国家经济。
文告指出，陛下呼吁国会议员尊重劝告，马上停止一切政治冲突，反之注重人民和国家福祉，以便2021年财政预算案能够通过。
“陛下提醒国会议员，为了各自个人利益

STRONG REBOUND STOCK MARKET .

Posted by khatulistiwa1234 > 2020-10-28 14:41 | Report Abuse

RISE UNTIL LIMIT UP .

Posted by khatulistiwa1234 > 2020-10-28 16:38 | Report Abuse

Key element is awaiting the CYCLE TERM , heading back positive .

Posted by khatulistiwa1234 > 2020-10-28 16:49 | Report Abuse

WAKE UP LION .

Posted by AlibabaInf > 2020-10-29 06:31 | Report Abuse

Why sell Labuan factory,they sell earning company out

Posted by AlibabaInf > 2020-10-29 06:34 | Report Abuse

Be careful they sell earning company out . left hand to right hand.sell to Singapore company also Cheng company. so mr Cheng can earn big.give share holder die

Posted by AlibabaInf > 2020-10-29 06:39 | Report Abuse

Lion Industries proposes to expand into the flat steel business through the proposed acquisition of flat steel assets. As such, the prroposed disposal is timely for the group to undertake new investments which could include the proposed expansion into flat steel business,” it said.

The proposed disposal is expected to be completed by Oct 31, 2020.

Posted by AlibabaInf > 2020-10-29 06:39 | Report Abuse

Lion Corporation Berhad (LCB) is an investment holding company. The Company, through its subsidiaries, is engaged in the manufacturing and marketing of steel products, such as hot rolled coils, cold rolled coils, bands, plates and sheets; manufacturing, distribution and trading of office equipment and steel related products, and share registration and secretarial services. Its main business which is the manufacturing of flat steel products is undertaken by its subsidiary Megasteel Sdn Bhd, located in Banting, Selangor. Its indirect wholly owned subsidiary Bright Steel Sdn Bhd produces cold finished steel bars. LCB's steel furniture operations spearheaded by Lion Steelworks Sdn Bhd , which is involved in the manufacturing of steel furniture such as industrial rackings, mobile filing systems, stand-alone office furniture, and safes. LCB is also involved in property development and is developing a self-contained integrated township known as Mahkota Cheras Project located in Kuala Lumpur.

Posted by AlibabaInf > 2020-10-29 06:40 | Report Abuse

They want make lionind bankrupt like lioncor too

Posted by AlibabaInf > 2020-10-29 06:41 | Report Abuse

Involved in flat steel give lionind bankrupt like lioncor.

Posted by AlibabaInf > 2020-10-29 06:43 | Report Abuse

Pls check Labuan factory earning company sell to singapore same people in
Esteel Enterprise Pte Ltd

Posted by tkl88 > 2020-10-29 17:55 | Report Abuse

Lionind will roar again ...
I believe in Ms Cheng Qiu Xia (Hong Kong Famous Female Artist)
She will bring fortune to Liondind !
Just the matter of time only Lionind will spike up to sky high !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-10-29 18:00 | Report Abuse

LSTEEL already spike up from 0.255 to 0.44 (+0.185)
(+72.5%) !
Next steel counter to spike up will be Lionind !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-10-30 12:30 | Report Abuse

Next Tuesday 3-11-2020 is US election day and on Wednessday 4-11-2020 we will know the result !
So, just countdown 3 trading days only !

For those who wanted to sailang, should sailang now or one day before the result is out, which is sailang before
or on 3-11-2020 (Tuesday) !

Huat ah ! Heng ah ! Ong ah !

Posted by alanleeky > 2020-10-31 02:24 | Report Abuse

Lion disposition deal with esteel just like MCO, keep extending ...LOL

Posted by tkl88 > 2020-11-01 13:48 | Report Abuse

Covid-19: Malaysia reports 659 new cases, 80.3% from Sabah; daily recoveries hit record 1,000

Ahmad Naqib Idris /
theedgemarkets.com
October 31, 2020 18:15 pm +08

https://www.theedgemarkets.com/article/covid19-malaysia-reports-659-new-cases-today-803-or-529-sabah-recoveries-hit-new-daily-high

Posted by tkl88 > 2020-11-01 13:49 | Report Abuse

KUALA LUMPUR (Oct 31): Malaysia reported 659 new Covid-19 infections today, 80.3% or 529 of which came from the worst-hit state of Sabah, while the Klang Valley contributed 10.6% or 70 cases. This raised the country's cumulative positive cases to 31,548, according to the Ministry of Health (MoH).
The number of recoveries hit 1,000 today — the country's highest so far in a day — as recoveries exceeded new infections for the second day in the past four days; on Thursday, recoveries came in at 685 versus 649 new infections.
This means a total of 21,248 patients have recovered so far, yielding a recovery rate of 67.4% of total confirmed cases.
As for active cases, which carry transmission risk, the tally is now down to 10,051 from 10,392 yesterday.
The death toll, meanwhile, remained at 249 or 0.8% of total infections, with no new additions.
No new infection clusters were reported today, according to the MoH. This means the number of active clusters remains at 33, while 114 clusters have ended.
In Sabah, 205 cases originated from existing clusters, while 203 cases were discovered via contact tracing and 121 infections were discovered from other Covid-19 screening tests.

Selangor saw 55 new cases, 18 of which came from existing clusters, followed by 22 from contact tracing, and 15 from other Covid-19 tests.
Labuan and Kuala Lumpur saw 12 and 11 cases respectively, followed by Sarawak (nine cases), Perak (six), Putrajaya (four), Kedah (two), Pulau Pinang (two), Terengganu (two), Pahang (one) and Kelantan (one).
Meanwhile, 137 cases or 20.8% of total infections today were linked to the prison clusters and temporary detention centres, namely the Kepayan cluster (26 cases) and the Rumah Merah cluster (111 cases).
Of the 659 cases reported today, one was an imported infection involving a foreigner who travelled from Bangladesh.

Declining R0
During the question and answer (Q&A) session today, MoH director-general Tan Sri Dr Noor Hisham Abdullah said Malaysia's R0, which measures the contagiousness of the virus, was brought down to 1.5 last week — from 2.2 at the start of the third wave of infections. A higher R0 translates into a higher rate of infection in the community.
For comparison, the second wave had an R0 rate of 3.55.
“Based on the projection for R0 of 1.5, daily new cases should be 1,357. If the R0 is 1.0, it should be 950 cases per day. However, we have been seeing daily cases of below 950 — at 799 yesterday and 659 today. So our R0 is currently below 1.0.
“This means that the measures that have been enforced under the CMCO (conditional movement control order) for the past two weeks — that is, by allowing economic sectors to operate while toning down social, education and sports activities — have resulted in a lower rate of infection,” he added.
Tan Choe Choe

Posted by tkl88 > 2020-11-01 14:03 | Report Abuse

Covid-19: Malaysia’s recovery on track, infectivity rate decreasing, says Health DG
* NATION
* Saturday, 31 Oct 2020 
7:00 PM MYT By TARRENCE TAN and AUSTIN CAMOENS

https://www.thestar.com.my/news/nation/2020/10/31/covid-19-malaysia-on-track-of-recovery-infectivity-rate-decreases-says-health-dg

PUTRAJAYA: Despite daily three-digit Covid-19 infection figures in the country, Health director-general Tan Sri Dr Noor Hisham Abdullah says Malaysia is on the road of recovery.
This was because the projected figures were much lower than expected, as the Health Ministry was predicting a four-digit spike of 1,357 cases on Thursday (Oct 29), based on the 1.5 infectivity rate, or known as the R nought (R0), said Dr Noor Hisham.

If the R0 level was at 1.0, Dr Noor Hisham said Malaysia would have gotten 950 cases on Oct 30 and 955 cases on Oct 31.
“But, there were only 659 cases on Oct 31. This means our R0 level is less than 1.0, ” said Dr Noor Hisham during a press conference at the Health Ministry in Putrajaya on Saturday.

“This meant that the conditional movement control order (MCO) that allows only the economic sector to function has a positive effect on reducing our R0 level to 1, ” he added.
For an R0 level of 1, it means that each Covid-19 patient will infect one other person.
Dr Noor Hisham also credited the lowered R0 level to the efforts of the Health Ministry, adding that they are now targeting to reduce the infectivity level to 0.3.
Dr Noor Hisham also urged Malaysians to play their role in ensuring SOPs are adhered to in order to curb Covid-19.

Posted by tkl88 > 2020-11-01 14:41 | Report Abuse

Wow, Superb Good news !
Covid-19=>Malaysia’s recovery on track !
Furthermore next week is budget 2021 week and US presidential election will be over next week Wednessday !
So, next week start onwards will be the bull market for world stock markets including Malaysia’s KLSE !

Huat ah ! Heng ah ! Ong ah !

Posted by AlibabaInf > 2020-11-01 16:54 | Report Abuse

Be careful they sell earning company out . left hand to right hand.sell to Singapore company also mr Cheng company. so mr Cheng can earn big.give share holder die in lionind.righr hand to left hand going to their pocket earning company.

Posted by tkl88 > 2020-11-02 09:48 |

Post removed.Why?

Posted by tkl88 > 2020-11-02 10:24 |

Post removed.Why?

Posted by tkl88 > 2020-11-02 10:28 |

Post removed.Why?