Posted by TheContrarian > 2021-02-25 14:51 | Report Abuse

That one all goes to Lion Industries, the holding company of Lion Posim.

Posted by william64 > 2021-02-25 22:22 | Report Abuse

This stock can still hold? Up and press down by people...

Posted by TheContrarian > 2021-02-26 00:13 | Report Abuse

I feel there's not much downside. There's upside potential from a possible declaration of a generous dividend as it has so much cash/FD. There's also a chance that Lion Industries which already holds close to 75% taking it private.

Posted by yaphoikiong > 2021-02-26 21:51 | Report Abuse

Never have the dividend

Posted by Kana Singgam > 2021-03-06 22:46 | Report Abuse

lion ind can not delist lion posim without 90% control of the 66m shares they do not own. They must buy more than 90% of the free float. lion ind must pay more than $1.50? for others to give. NTA is MORE than $3 ?

Posted by SHUECHABOO > 2021-03-16 10:10 | Report Abuse

There is little hope if you want to expect a dividend from this company. One can only hope the Big Boss makes this company privately owned at a price of RM1-RM1.50 per share. The big boss already owns 75% of the company's shares and only needs RM60-RM90 million to have RM250 million in cash as well as other assets which all amount to RM730 million. The probability of the stock price doubling is very high!

Posted by Kana Singgam > 2021-03-17 12:26 | Report Abuse

for big BOSS to take it private he has to get more than 90% of the free float .
Will he get it cheap.
Lion Posim is making profit and has a lot of cash. we the other share holders must fight to prevent the boss from taking it for a song.

Posted by Sawadi > 2021-03-17 19:03 | Report Abuse

very very weird where the volume 0.80 go ! Hopefully something good otw

Posted by Kana Singgam > 2021-03-18 15:17 | Report Abuse

i do not think whose who are still holding the shares are weak holders. Some are just playing with it.. IT is making profit and has cash. we as a group must not let THE BIG BOSS play us for his benefit. think as a group!

Posted by Invest_888 > 2021-03-22 10:48 | Report Abuse

Due to settlement of secured debts of RM135 Million, cash on hand is RM242 Million. But the Market cap is only RM151 Million. Less volume trade now. I think small share holders will be fine even it is privatized at RM1.

Posted by Jeffreyteck > 2021-03-24 13:00 | Report Abuse

Wonder quality of current assets. London biscuits immediately written off $300 m once put under receivership. Poor disclosure regime but authority and professional just silent or sleeping?

Posted by TheContrarian > 2021-03-25 01:54 | Report Abuse

Lion no sell biscuits.

Posted by WinningBenning > 2021-03-25 05:59 | Report Abuse

Any special reasons for this mysterious stock not to perform?

Posted by nmaa3003 > 2021-03-30 21:45 | Report Abuse

made money few years ago with this counter.
high value but price still remain same.

will reenter again.

Posted by Invest_888 > 2021-04-05 09:16 | Report Abuse

This undervalued stock starts to attract buyers. Price is moving up.

Posted by STP > 2021-04-05 12:19 | Report Abuse

ummm unfortunately moving is not big

Posted by Invest_888 > 2021-04-06 09:57 | Report Abuse

Already attract valued investors.

Posted by Invest_888 > 2021-04-07 14:52 | Report Abuse

Lionind goes up with high volume, Lionpsim will follow soon.

Posted by GorengHealthcare > 2021-04-07 15:34 | Report Abuse

got people started buying liao, this one low float if all hentam will fly sky

Posted by STP > 2021-04-07 15:35 | Report Abuse

yes...go...go..go.!!!! Quite active today

Posted by Invest_888 > 2021-04-25 23:13 | Report Abuse

This time, steel price goes even than 20 days ago. Many steel counters has spiked up more than 10% this week. Lionind goes up with high volume, Lionpsim will follow soon.

Posted by Invest_888 > 2021-04-30 10:04 | Report Abuse

Financially, Lionpsim is much more better than Lionind. Lionpsim is never losing money since year 2017. Now, Net asset per share is RM3.15. Due to high inventory of steel and other hardwares, Lionpsim profit is promising very good. In fact, the target of RM1.00 is still really low. I bet it will fly more than RM1.00.

Posted by Sawadi > 2021-04-30 10:20 | Report Abuse

Hunter only ..... don't think is value investor

Posted by Invest_888 > 2021-04-30 19:48 | Report Abuse

Broke 2 resistances and largest volumes since end of February. LIONPSIM has successfully attracted new buyers due to uptrending steel price. With NAV RM3.15, Lionpsim can reach RM1.00.

Posted by Sawadi > 2021-05-01 09:49 | Report Abuse

the triple 1 player gone !!! yesterday i think the trader on hand 300 lot Q buy n sell

Posted by stockraider > 2021-05-01 10:09 | Report Abuse

Buy lah....steel price bullish mah!

Posted by Invest_888 > 2021-05-05 11:40 | Report Abuse

Lionind share price is still going up.

Financially, Lionpsim is much more better than Lionind. Lionpsim is never losing money since year 2017. Now, Net asset per share is RM3.15. Due to high inventory of steel and other hardwares, Lionpsim profit is promising very good. In fact, the target of RM1.00 is still really low. LIONPSIM will fly more than RM1.00

Posted by Invest_888 > 2021-05-06 15:08 | Report Abuse

Prestar leads steel related stocks going up. Lionpsim should be the one to goes up due to highly undervalued.

Posted by Kana Singgam > 2021-05-08 20:29 | Report Abuse

Lion posim has good value at the moment. only 66m of free float, Off late there is a little volume play. Lion ind. used it to back other of its company. Now cash is back but they do not want to pay out to other share holders(66m). just hold like money in the bank.

Posted by TheContrarian > 2021-05-08 21:47 | Report Abuse

Free float is 57,643,000 shares.

Posted by Sawadi > 2021-05-09 15:23 | Report Abuse

@TheContrarian you mean free float 57643 lot ( 1000 = 1 lot ) right ???

Posted by TheContrarian > 2021-05-09 16:19 | Report Abuse

@Sawadi, yes, if you consider one lot as 1,000 shares.

Posted by Kana Singgam > 2021-05-13 19:42 | Report Abuse

Thanks, TheContrarian. for the information on the free float. It means less on the market. More the reason to hold.

Posted by TheContrarian > 2021-05-13 21:01 | Report Abuse

Problem is WC isn't in a hurry to privatise despite owning close to 75%.

Posted by Sawadi > 2021-05-19 02:58 | Report Abuse

Halo .... anybody still home or run run run ?

Posted by Invest_888 > 2021-05-27 13:58 | Report Abuse

Latest quarterly financial result is not good, losing small money instead of making money. EPS=-0.08 cent, whereas the NAV=RM3.20.

Posted by BilisMrJ39 > 2021-06-10 22:33 | Report Abuse

Changed YE from June to Dec. Looks like privatisation will happen by year end

Posted by SHUECHABOO > 2021-06-13 20:40 | Report Abuse

MMC & IJMP have been made private companies. Soon LPOSIM will also follow suit. Do not be greedy, can sell at a price of RM1.50 is enough.

Posted by BilisMrJ39 > 2021-06-13 23:45 | Report Abuse

RM1.50 is quite possible, but I still hoping for higher as net cash per share already more than RM1 and net asset RM3.20.

Anyway, just slowly accumulate and hold for half year

Posted by Kana Singgam > 2021-06-17 13:18 | Report Abuse

For LION IND to take Lion Posim private , more than 90% of the other share holders must agree to it. Do you think at $1.50 it is a good price to give it up or it would be Like MBF holding. NTA is about $3.20????

Posted by Kana Singgam > 2021-06-17 13:22 | Report Abuse

if you think it is a good price than buy into Lion Ind as it holds Lion Posim and steel is on the move.

Posted by Sawadi > 2022-01-05 08:41 | Report Abuse

habis cerita tak ada wayang lagi ....... beli hantar boss pun blh

Posted by TheContrarian > 2024-02-27 17:37 | Report Abuse

Why QR so good?

Posted by STP > 2024-04-23 04:55 | Report Abuse

Earning good, but price not moving...ummmm😥

Posted by ocbc > 2024-09-10 12:57 | Report Abuse

https://www.tiktok.com/@swaphub.co/video/7330854034099670279

Posted by ocbc > 2024-09-10 12:58 | Report Abuse

hidden gems

Posted by speakup > 2024-09-10 13:03 | Report Abuse

Why? Give some reasons why lah

Posted by ocbc > 2024-09-11 12:15 | Report Abuse

You are paying only 10%+ to own these assets. Better than Gtronic or CEB for sure

Posted by yapts > 1 month ago | Report Abuse

Keep pressing down the price so that easy to take private.

Posted by ocbc > 6 days ago | Report Abuse

In the SGX context, the privatization rules are different than those for Bursa Malaysia. SGX rules require any privatization to be fair and reasonable. This means that the offer price should reflect the value of the securities and not just the market price.

This is unlike Bursa Malaysia where an offer can be unfair but reasonable. It does not reflect the value of the securities but is in line with the market price.