Posted by victor9999 > 2017-11-22 15:17 | Report Abuse

just technical rebound, not confirmation uptrend yet

Posted by Bird87 > 2017-11-22 15:38 | Report Abuse

aiyo slowly and steady la=.=

Posted by victor9999 > 2017-11-22 17:11 | Report Abuse

good closing, but not well enough to gain confidence back at this price

Posted by speculative > 2017-11-22 17:45 | Report Abuse

I confident this time sure boom .. please enter.. dont be late..

Posted by ttluck > 2017-11-22 18:57 | Report Abuse

oh yeah....luckily average down....

Posted by henghuat888 > 2017-11-22 19:18 | Report Abuse

Result out..congrats who buy it yesterday

Posted by ahdi > 2017-11-22 19:31 | Report Abuse

Simple calculation, if the company able to achieve RM0.0395 EPS every quarter, one year will be RM0.158, 10x PE, RM1.58. Plus, next year east cost highway contract kick off, boost the company revenue, RM1.58 target price is really really really conservative.

Posted by Mgician > 2017-11-22 19:45 | Report Abuse

highest revenue for the company.
with higher steel price (cost), the company still able to get good profit, well done.

Posted by Derrick0617 > 2017-11-22 19:56 | Report Abuse

Is a brilliant gem..

Posted by speculative > 2017-11-22 20:02 | Report Abuse

1st TP tomorrow?..

Posted by Muthusamy > 2017-11-22 20:03 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5611945

Posted by victor9999 > 2017-11-22 20:11 | Report Abuse

dead hahaha eps only 3 hahah no wonder keep selling until rm1

Posted by titus > 2017-11-22 20:13 | Report Abuse

Luckily no cut loss yesterday. Frien text me and say his sifu sent blasted email to all asking them to cut loss on everything. Friend din share much detail but it sounded like market going to crash.

Posted by victor9999 > 2017-11-22 20:24 | Report Abuse

dreamers... does market value prestar at PE x10?

Posted by Henry Chan > 2017-11-22 20:25 | Report Abuse

Don’t think so, at most PE 8 atm

Posted by victor9999 > 2017-11-22 20:29 | Report Abuse

EPS 4 x 4 = 0.16 x 8 = RM 1.28 , now is RM1.1 hahahaha you see now dreamers ????

Posted by SuperPanda > 2017-11-22 21:27 | Report Abuse

Try my luck here. RSi and stochastic oversold. bought 25 lots at 1.10. :) Good time to enter.

Hold mmsv and vs quite a lot. A bit of serbadk and jst bought mieco 1.14 x 50 lots. Just sharing. Cheers.

Posted by speculative > 2017-11-22 21:32 | Report Abuse

Super panda good luck.. good time to enter.. be greedy when everyone fear..

Posted by Henry Chan > 2017-11-22 21:34 | Report Abuse

25 lots (x100units) is a good start, good luck bro

Posted by value88 > 2017-11-22 21:55 | Report Abuse

The profit YoY is actually higher in this quarter, the number of outstanding shares has increased YoY, and therefore, the EPS YoY is slightly lower.
From this quarter's earning result, i suppose the recent sell-down from RM1.3x in end Oct to RM1.10 today is not justifiable.

Posted by Goldmann > 2017-11-22 21:56 | Report Abuse

Revenue record high, proposed listing Tashin Steel. Management are doing their job very well. Strengthening of MYR recently can increase profit margin next QR, cant understand why still got ppl think this is a poor QR. Of course it cant beat last QR because last QR there was a one-off dispose earning from Vietnam factory.

Posted by michaelyapmj > 2017-11-22 21:58 | Report Abuse

1!gap up 2morow

Posted by michaelyapmj > 2017-11-22 22:00 | Report Abuse

truly undervalued. going to hold it for more than 1 year. future prospect looked great

Posted by speculative > 2017-11-22 22:06 | Report Abuse

Sure gap up.. accumulate profit this year already exceed last year overall profit eventhough still left 1 quarter.. Time to collect..

Posted by speculative > 2017-11-22 22:07 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=9873

Posted by victor9999 > 2017-11-22 22:46 | Report Abuse

4 qoq apply PE 8 = ~ RM 1.85 , conservative TP RM 1.50 only medium term

Posted by GeniusTinker > 2017-11-22 23:25 | Report Abuse

After listing Tashin Steel, need to re-value prestar again.

Posted by kentg03 > 2017-11-23 00:37 | Report Abuse

Yoy only increase 2% profit can declare as vry good result? Mayb tis the reason insider keep dump tis share.

Posted by veln82k6 > 2017-11-23 06:25 | Report Abuse

Result no bad aldy. Now difficult to find shares PE below at 8 aldy..

Posted by Cloudboy > 2017-11-23 09:00 | Report Abuse

I think Encik Md. Nahar Bin Noordin is done with his selling....he is the one who cause panic selling among the investor and trader..

With this difficult economy environment..prestar is able to perform ..with revenue record high and maintain good profit

With the strenghtening of ringgit,.,it will bring down material cost for prestar in coming quarter result..thus another good profits result

Posted by Invest33 > 2017-11-23 09:12 | Report Abuse

PE still at 5.1x not 8

Posted by victor9999 > 2017-11-23 09:34 | Report Abuse

hahaha gap up ... laugh die me !!!!

Posted by CutePanda > 2017-11-23 09:41 | Report Abuse

no worry , it will slowly moving up.

Posted by victor9999 > 2017-11-23 09:44 | Report Abuse

of cos im not worry ... lol. now is morning dreamers ! wake up kakaaka

Posted by Bird87 > 2017-11-23 10:11 | Report Abuse

this report consider good or? i m confused lo

Posted by victor9999 > 2017-11-23 10:20 | Report Abuse

all follow speculative sifu go holland hahaha

Posted by kentg03 > 2017-11-23 10:26 | Report Abuse

Turn red.

Posted by Bird87 > 2017-11-23 10:26 | Report Abuse

continue drop again alredy lor!!

Posted by Bird87 > 2017-11-23 10:30 | Report Abuse

henry and collin what your guys opinion now?

Posted by RJ87 > 2017-11-23 10:32 | Report Abuse

PE 5, RM1.1...for every dollar u invest, u get 20c earning...if declare 25% earning as dividend, u get 5% for your 1 dollar investment...

If price re-rate to sector average, PE 8 = Rm1.6, PE 9 = Rm1.8, PE 10 = Rm2.0...

QoQ revenue has grown up by 15%...but NP doesn’t increase much...so, it’s just a matter of finding out where did the money go and if it’s gonna make more money...

If they use the revenue to pay their loan...then, cost of finance will comedown... coming QR earning will improve significantly...

Posted by WaAdaLui > 2017-11-23 10:33 | Report Abuse

OH...NO... dROppiNG...

Posted by Cloudboy > 2017-11-23 10:37 | Report Abuse

Have to absorb seller who bought cheap for the last 2 days ma

Posted by RJ87 > 2017-11-23 10:42 | Report Abuse

Nobody check the price every 5 mins one la...One year QR only put 4 times...

In between are a bunch of punters...if u wanna study punters, that likes doing research on mental sick people in psychiatrist ward...as if u hv any idea on if they have any idea what to do next...

Posted by Bird87 > 2017-11-23 10:49 | Report Abuse

ok... noted RJ87 ..is a good explanation tho ty

Posted by hng33 > 2017-11-23 10:49 | Report Abuse

Higher selling price in steel product boost preastar revenue, BUT, do est not direct into increase in profit due to higher cost material, resulted further profit margin eroded.

But, with current strengthen RM, at least can reduce its cost forward. Look forward to buyback on weakness.

Posted by Bird87 > 2017-11-23 10:51 | Report Abuse

average down wanf wait for a years should be good ^^

Posted by Cloudboy > 2017-11-23 11:05 | Report Abuse

At first a lot of prestar investors worry about this quarter results not going to be good...This Encik Md. Nahar Bin Noordin,sold his portion of share holdings..had cause the share to fall.....

Now result out.....result good...PE 5 company......then bad mouthed by a forummer who i dun know he know wat he is talking about or not......funny,,,,heheheh!

Posted by duckoil > 2017-11-23 11:06 | Report Abuse

theres still a big seller.....who and why anyone knows?

Posted by Musangfoxk1ng > 2017-11-23 11:09 | Report Abuse

kikiki! dah ciakap pun

Posted by Henry Chan > 2017-11-23 11:13 | Report Abuse

Hi bird, I bought some 1.06