PRESTAR RESOURCES BHD

KLSE (MYR): PRESTAR (9873)

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Last Price

0.405

Today's Change

+0.01 (2.53%)

Day's Change

0.39 - 0.405

Trading Volume

62,000


8 people like this.

3,983 comment(s). Last comment by HorseyKL 1 month ago

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 11:18 | Report Abuse

Most important is u have to know...Prestar is a good company...NTA 1.41...PE only 5....revenue record high for the current quarter....its a growth stock.....prices have drop almost 20% to 30% for the past 5 days trading...so its a good entry point....

Current strenghening to ringgit will help the company to bring down the cost of material..thus it will increase their profit margin for the current quarter..

Next year east cost highway contract kick off, will boost the company revenue,

Proposed listing Tashin Steel will be bonus on top of all this....

davkitz

87 posts

Posted by davkitz > 2017-11-23 11:27 | Report Abuse

my average price at 1.30 =(

Cloudboy

456 posts

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

Im queuing at 50 lot at RM 1.05 & another 50 lot at RM1.06.....50 Lot = 50000 units...please throw to me .....thanks

Bird87

883 posts

Posted by Bird87 > 2017-11-23 11:38 | Report Abuse

hi henry, i alredy average down the price also. lets cheers>>>> btw cloudboy do own prestar also?

Bird87

883 posts

Posted by Bird87 > 2017-11-23 11:44 | Report Abuse

dav just have to wait ba...

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 11:46 | Report Abuse

ya bit...but now im at buying........

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 11:47 | Report Abuse

Price drop too drastics for the past 1 weeks..and Im believe now is a good entry point......i think given a short period of time...it will go back above RM 1.20......

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 11:48 | Report Abuse

Please throw to me....RM 1.05 and RM 1.06...thanks

Cloudboy

456 posts

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

Ya ..i have a bit of prestar share now.....now im buying up since the quarterly result is out....

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 11:50 | Report Abuse

Wan to make $$$$ ..must ready to hold.....like HENG YUAN !!!!! and press metal !!!....heheheh!

Posted by speculative > 2017-11-23 12:42 | Report Abuse

Victor9999 Buy lower sell higher.. that is the key.. I enter 1.05 and sell 1.11.. already got profit.. now price is at lower price range can enter except for those last time buy at high price which is now suffering with losses. They also can buy to average down the price. Company is good actually.

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 13:10 | Report Abuse

oh,,,speculative,,,u r the one is selling....hehheheh

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 13:12 | Report Abuse

But it's ok and congrate...Let those bought cheap for the last 2 days,,,sell 1st...then slowly it will move up.....its a good company,,,,,PE5 only..

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 13:14 | Report Abuse

From oct 17 till now...steel price have stabilise at high side....and with ringgit getting stronger....will bring down their material cost....thus improve their profit margin for the current quarter......

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 13:15 | Report Abuse

But throw to me 1st at RM 1.05 and RM 1.06 1st.....please....!!!

Cloudboy

456 posts

Posted by Cloudboy > 2017-11-23 13:16 | Report Abuse

Tak cukup quota la...

Posted by speculative > 2017-11-23 14:48 | Report Abuse

Haha esos take effect..no wonder drop

Henly

1,902 posts

Posted by Henly > 2017-11-23 15:37 | Report Abuse

no. of share issue under ESOS very little, only 7000 ????

kentg03

971 posts

Posted by kentg03 > 2017-11-23 19:02 | Report Abuse

Masteel profit 3000% this definitely wil gap up tmr

Goldmann

225 posts

Posted by Goldmann > 2017-11-23 23:11 | Report Abuse

but part of the profit is defer taxation

andrewong

126 posts

Posted by andrewong > 2017-11-24 00:14 | Report Abuse

q4 please expect good result

Posted by henghuat888 > 2017-11-24 14:20 | Report Abuse

Paperplane no more in this counter?

victor9999

521 posts

Posted by victor9999 > 2017-11-24 15:48 | Report Abuse

gone case

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-11-24 16:14 | Report Abuse

Semua sudah pigi masteel. Sini takada orang lagi.

victor9999

521 posts

Posted by victor9999 > 2017-11-24 16:17 | Report Abuse

still many delusional gap up low pe fellows here haha

Bird87

883 posts

Posted by Bird87 > 2017-11-24 16:48 | Report Abuse

now entry point ok lor

victor9999

521 posts

Posted by victor9999 > 2017-11-24 16:56 | Report Abuse

ok ok sure ok :)

hoh13

468 posts

Posted by hoh13 > 2017-11-24 17:18 | Report Abuse

Annjoo +5.43%
Ssteel +6.36%
Choobee +6.52%
Leonfb +6.49%
Lsteel +5.30%

victor9999

521 posts

Posted by victor9999 > 2017-11-24 17:47 | Report Abuse

Prestar -30%

Invest1188

772 posts

Posted by Invest1188 > 2017-11-24 18:02 | Report Abuse

Why prestar margin cannot improve like choo bee?

Posted by Musangfoxk1ng > 2017-11-24 18:45 | Report Abuse

Shark ady left. Kikiki! Holding also no use

hoh13

468 posts

Posted by hoh13 > 2017-11-24 22:21 | Report Abuse

I will add more prestar.

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-11-25 03:48 | Report Abuse

hng33, thanks for ur input. I made mstake overlook its margin drop. its good on FA but due to others steel more attractive (profit growth), this is now less attraction.

other reason, i believe steel billet/bars product better pricing/demand than pipes and sheets. thats why ssteel/masteel/annjoo/lionind all profit very good whilst rest not much as them.

and if not masteel deferred tax, it still post profit 24m, highest since sep 2008 !!

thanks, see at masteel. : ) i also at mmsv and vs

RJ87

5,135 posts

Posted by RJ87 > 2017-11-26 12:55 | Report Abuse

Deferred tax means it didn’t pay...
When Masteel does pay, then they will report relatively poor QR in future...

Goldmann

225 posts

Posted by Goldmann > 2017-11-26 20:02 | Report Abuse

Prestar does not have defer tax, in fact strengthening of MYR do favour Prestar. Next QR will be even better than this QR.

victor9999

521 posts

Posted by victor9999 > 2017-11-27 09:17 | Report Abuse

tu tuuu bye bye

hoh13

468 posts

Posted by hoh13 > 2017-11-27 09:21 | Report Abuse

bye victor9999

Bird87

883 posts

Posted by Bird87 > 2017-11-27 09:29 | Report Abuse

the proce hard to gone up de,...big fund left....henry reenter again de?

hoh13

468 posts

Posted by hoh13 > 2017-11-27 09:30 | Report Abuse

果然不能低估散户的恐惧~

Bird87

883 posts

Posted by Bird87 > 2017-11-27 09:40 | Report Abuse

hoh13 what make you confident to add more prestar in this scenario=.=

hoh13

468 posts

Posted by hoh13 > 2017-11-27 09:59 | Report Abuse

u will know that in short future

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2017-11-27 10:21 | Report Abuse

大伙都去masteel开party了。 这里冷清清 无人问津。

victor9999

521 posts

Posted by victor9999 > 2017-11-27 10:29 | Report Abuse

party ended

Bird87

883 posts

Posted by Bird87 > 2017-11-27 10:59 | Report Abuse

i think this round of steel party is ended ba

victor9999

521 posts

Posted by victor9999 > 2017-11-27 14:22 | Report Abuse

becareful hoohoh, if new low, will be very low again

victor9999

521 posts

Posted by victor9999 > 2017-11-27 14:23 | Report Abuse

some ppl can't see that high volumes are dumping still dreaming drop without volumes

Bird87

883 posts

Posted by Bird87 > 2017-11-27 14:34 | Report Abuse

victor y u so negative in this counter? you also the one who lost in this counter? no offence just wonder haha...

hoh13

468 posts

Posted by hoh13 > 2017-11-27 15:50 | Report Abuse

victor9999 if everyone scare like u,then everyone lose like u...long-term investor no need scare...I will collect more hehe

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