PSAHAAN SADUR TIMAH MSIA

KLSE (MYR): PERSTIM (5436)

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Last Price

2.20

Today's Change

+0.06 (2.80%)

Day's Change

2.15 - 2.20

Trading Volume

32,300


6 people like this.

732 comment(s). Last comment by greenshoot 1 week ago

RainT

8,448 posts

Posted by RainT > 2021-11-08 16:04 | Report Abuse

this one can buy ? being main reasons is Philippines expansion ??

Posted by Richard Lee > 2021-11-09 14:39 | Report Abuse

need to be prepared if you want to beli because this useless counter only up one day then drop one month. Hahahah!

Posted by lionel messi > 2021-12-17 11:23 | Report Abuse

wow, volume was unusually high yesterday with sharp rise in price. good results and div coming?

danchong

502 posts

Posted by danchong > 2022-02-11 13:51 | Report Abuse

volume coming. Hope for good QR & dividend

Posted by lionel messi > 2022-02-11 16:16 | Report Abuse

Insider trading?

Diamond7

2,375 posts

Posted by Diamond7 > 2022-02-11 16:34 | Report Abuse

Up up...
Good fundamentals
Coming quarterly report will be excellent

Posted by kimchuant8 > 2022-08-25 22:15 | Report Abuse

No dividend this year. Philippines factory start production. Expected break even in 3 years.

idunwork

431 posts

Posted by idunwork > 2022-08-30 18:53 | Report Abuse

Very good qr

UnicornP

2,852 posts

Posted by UnicornP > 2022-08-30 23:45 | Report Abuse

TO-Price must go 4.30-4.4

nextan

713 posts

Posted by nextan > 2022-08-31 09:16 | Report Abuse

5.00 coming soon

idunwork

431 posts

Posted by idunwork > 2022-09-05 22:12 | Report Abuse

Up 18% already but still very few sellers

nextan

713 posts

Posted by nextan > 2022-09-06 19:53 | Report Abuse

Bonus is coming

UnicornP

2,852 posts

Posted by UnicornP > 2022-09-14 16:39 | Report Abuse

Wait one or two lots

UnicornP

2,852 posts

Posted by UnicornP > 2022-10-01 12:26 | Report Abuse

To add if $4.

Posted by Believe3222 > 2022-11-09 20:11 | Report Abuse

cantik QR 3.5 coming

Posted by kimchuant8 > 2022-11-09 22:20 | Report Abuse

Dividend 10sen. Malaysia and Vietnam doing well. Philippines production started, but loosing money.

UnicornP

2,852 posts

Posted by UnicornP > 2022-11-10 20:48 | Report Abuse

Not interested to sell.

jackjason

172 posts

Posted by jackjason > 2022-11-11 01:57 | Report Abuse

The Japanese hold more then 2/3 of total share. No easy push the price by minor shareholder. No fund manager hold this share

UnicornP

2,852 posts

Posted by UnicornP > 2022-11-30 13:14 | Report Abuse

Should not be below 4.06.

Posted by Believe3222 > 2023-05-31 19:33 | Report Abuse

masuk longkang

Posted by kimchuant8 > 2023-08-17 16:11 | Report Abuse

Bad quarter. Malaysia and Vietnam revenue drop a lot . Philippines still loosing money. Overall loosing money!

speakup

27,038 posts

Posted by speakup > 2023-08-18 07:51 | Report Abuse

why MSC up so much but Perstim down? both same biz isn't it?

Posted by Believe3222 > 2024-06-07 20:16 | Report Abuse

below 2 only can enter

Posted by BenjaminSS14 > 2024-07-18 17:14 | Report Abuse


"Believe3222

below 2 only can enter"

WHy ah?

Posted by greenshoot > 2024-08-15 16:22 | Report Abuse

Miti starts anti-dumping investigation into tin products imports from four countries

https://theedgemalaysia.com/node/722851

Up_down

4,346 posts

Posted by Up_down > 2024-08-18 14:59 | Report Abuse

Malaysia would launch anti-dumping duty against dumpers in 2025. Philippines is another serious bleeding operation without ptotection of anti-dumping.

Posted by greenshoot > 1 month ago | Report Abuse

Perstima Vietnam is considering to file anti-dumping petitions to initiate investigations.

Posted by greenshoot > 2 weeks ago | Report Abuse

INITIATION OF AN ANTI-DUMPING DUTY INVESTIGATION CONCERNING IMPORTS OF FLAT-ROLLED PRODUCTS OF IRON OR NON-ALLOY STEEL, OF A WIDTH OF 600MM OR MORE, CLAD, PLATED OR COATED WITH TIN (ELECTROLYTIC TINPLATE OR TINPLATE) ORIGINATING OR EXPORTED FROM THE PEOPLE’S REPUBLIC OF CHINA, THE REPUBLIC OF INDIA, JAPAN AND THE REPUBLIC OF KOREA

https://www.miti.gov.my/miti/resources/Media%20Release/(15_AUG_2024)_ANTI_DUMPING_TNPLATE_(ENG).pdf

Posted by greenshoot > 1 week ago | Report Abuse

At present, the primary burden mainly stems from the Philippine operations since its inception in August 2022, further exacerbated by the tinplate dumping in the Malaysian market by foreign nations like India, Korea, China, and Japan.

According to the most recent quarterly results for the period ending 30/9/2024, the revenue for Philippine has been consistently rising, and the net income has also shown steady improvement.

This indicates a brighter future for increased plant utilization in the Philippines, which will be evident in the upcoming quarterly results.

Regarding the operation in Malaysia, since the anti-dumping duty is expected to be implemented in 2025, the outcomes should be favorable.

Regarding the Vietnam operation, it remains quite stable.

In summary, as the Philippine operation accelerates and the Malaysian operation sees improved margins due to the anticipated anti-dumping duty in 2025, the light at the end of the tunnel is becoming increasingly bright.

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