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

wafryer

192 posts

Posted by wafryer > 2019-06-07 12:29 | Report Abuse

i bought at 0.67 but sold at 0.52, feel no hope for this counter, good luck

wafryer

192 posts

Posted by wafryer > 2019-06-07 12:29 | Report Abuse

i go for airasia

Posted by wesley_gold > 2019-06-09 13:59 | Report Abuse

RESTRICTED OFFERING OF 17,449,600 NEW ORDINARY SHARES IN TASHIN HOLDINGS BERHAD ("TASHIN HOLDINGS") ("ISSUE SHARES") TO THE ENTITLED SHAREHOLDERS OF PRESTAR RESOURCES BERHAD ("PRESTAR") IN CONJUNCTION WITH THE LISTING OF TASHIN HOLDINGS ON THE ACE MARKET OF BURSA MALAYSIA SECURITIES BERHAD ("RESTRICTED OFFERING")

Anyone planning to buy Prestar ipo subsi - Tashin shares? found that it is quite profitable

value88

711 posts

Posted by value88 > 2019-06-19 12:54 | Report Abuse

Tashin is a profitable business unit for Prestar. When Tashin is disposed and listed in ACE market, Prestar's group revenue will be much reduced, albeit Prestar can use the money raised from IPO to pare down its debt and reduce its finance cost.
I view the listing of Tashin is no good for Prestar as a whole..

Posted by wesley_gold > 2019-06-23 11:11 | Report Abuse

haha i m sure u commented without look at Tashin IPO prospectus, just to correct u that Tashin is not considered being disposed by Prestar la... Prestar will still holding 34% in Tashin holdings (SPV that holding Tashin). Although there is reduction in shareholding percentage of 17% (from 51% to 34%), but Tashin still contribute profit to prestar just like POSCO-MKPC (prestar's another associate co)... don forget the another purpose of this listing is to unlock and crystallise the value of Prestar investment in Tashin, if u said Tashin is profitable business unit for Prestar (when Tashin's shares fly, same to Prestar).

Posted by Newinvest_112 > 2019-07-03 17:47 | Report Abuse

Tashin IPO can buy?

Mabel

24,226 posts

Posted by Mabel > 2019-07-04 23:53 | Report Abuse

Does anyone know if Tashin is making profits over the previous quarters?

Tashin is selling at 0.58
Prestar now is 0.56

Why should I buy Tashin when Prestar is selling at lower price?

Posted by Jimmy 123 > 2019-07-16 14:52 | Report Abuse

浅谈PRESTAR 鸿达资源
PRESTAR起源于1984年,在1995年上市于大马创业板,并在2003年转至主要板。PRESTAR是由杜家【TOH】8兄弟姐妹共同创办,是典型的家族企业。创办初期,集团主要以五金进口商起家,继而分销至全马各地。
PRESTAR用多年时间打好根基、拓展人脉、较后以钢铁制造商的身份在市场站稳脚步。杜氏兄弟姐妹在过去的30年互相扶持,不但共享集团荣耀,更共同面对1998年亚洲金融危机及2008年经济衰退的困境。在创办的32年里,尽管历经风雨,PRESTAR依然屹立不倒。
目前,PRESTAR是家投资控股,旗下子公司业务主要分为钢铁加工及钢铁产品制造。它在大马设有两间厂房,分别位于万挠和槟城。基于越南的劳力成本及营运开销比大马低,PRESTAR在2008年把业务扩展至越南,并在当地设有厂房,以供应越南当地及海外市场的需求。
自1999年至今,PRESTAR在过去的18年持续每一年都派息,从未间断过,当中包括2008年的金融风暴。管理层的慷慨派息及回馈股东,确实令人敬佩。整体来说,集团每一年都可从业务上制造可观的现金流,显示出非常健康。因此,即便债务偏高,PRESTAR也能从容应付。
2019年8月1日PRESTAR将为子公司TASHIN 在创业板挂牌上市。然而,最近股价跌跌不休的PRESTAR, 这一天会否是PRESTAR的转捩点呢?
PRESTAR领导层将子公司TASHIN挂牌上市,释放部分股权,以便取回一些盈余,减轻其公司负债,不失为是个明智之举。
其实, 随着将来马来西亚经济好转, 希盟政府重启大型发展计划,从PRESTAR
道路防护栏(GUARDRAILS)50% 的市场占有率来看,PRESTAR将来还是会有一番作为的。
640公里的东海岸铁路(ECRL),
2000公里的婆罗洲大道(Pan Borneo Highway),
马来西亚半岛西海岸沿海大道 (WCE Highway),
Desaru to Pengerang Highway , 相信投资者都知道, 经营道路防护栏(GUARDRAILS)
生意的PRESTAR, 一定有份分一杯羹吧!
总结,PRESTAR是家非常低调的企业,没有投行、媒体或者报章追踪其发展和走势。
此文纯属分享,并非Buy call。一切股票交易,后果自负!

Posted by Newinvest_112 > 2019-07-17 20:51 | Report Abuse

All in.. It is good time to invest, huge volume these few days

Posted by wesley_gold > 2019-07-18 12:16 | Report Abuse

Waiting to boom

Posted by Newinvest_112 > 2019-07-24 17:18 | Report Abuse

Boring stock.. Really no hope

ce0808

198 posts

Posted by ce0808 > 2019-07-31 11:29 | Report Abuse

Tomorrow Tashin will be listed, hope no boring anymore

Mabel

24,226 posts

Posted by Mabel > 2019-08-10 08:11 | Report Abuse

This is a cyclic counter. Tashin will face the same fate..

Bottom line.. Prestar ended green..

Selamat Hari Raya everyone..

For those that drive, drive safe..

As for me, since ECRL is not ready, I decided to use my AirAsia instead ... Now everyone can fly

Cheers everyone!

ttluck

769 posts

Posted by ttluck > 2019-08-27 18:48 | Report Abuse

bought some to average down...hope it rebound after this trade war end....haiz...

field123

261 posts

Posted by field123 > 2019-11-26 18:37 | Report Abuse

revenue 117m
net profit 1.7m
eps 1.15 sen

Mabel

24,226 posts

Posted by Mabel > 2019-12-05 07:40 | Report Abuse

Pak Mael duduk di Jalan Gasing
Anak nya yang bongsu bernama Mabel
Dengan untung window dressing
Bukan saja pagar, satu rumah perabut kita tukar ke stainless steel

Ho Ho Ho..

Huat chaiii...

Posted by Matthew Chew > 2019-12-08 19:03 | Report Abuse

lousy share......

Mabel

24,226 posts

Posted by Mabel > 2020-03-04 20:29 | Report Abuse

Meow..

Just buy and forget

Posted by wesley_gold > 2020-06-18 15:42 | Report Abuse

what happen

Posted by therookieechingchong > 2020-06-18 17:36 | Report Abuse

tecnical rebound by QR. not much of a show, if this result could persist for few quarters only come back.

ttluck

769 posts

Posted by ttluck > 2020-06-19 00:15 | Report Abuse

Phew.. My paper loss is lesser now..

dompeilee

11,888 posts

Posted by dompeilee > 2020-06-25 09:10 | Report Abuse

Bought Prestar @ 39c

whpang7

2 posts

Posted by whpang7 > 2020-06-26 11:59 | Report Abuse

prestar is already in a uptrend charts.

misk_72

152 posts

Posted by misk_72 > 2020-07-01 19:20 | Report Abuse

Prestar Resources Bhd has secured RM80mil contracts to supply guardrails and accessories for the Pan Borneo Highway in Sarawak. TheStar01 Jul, 2020 18:16pm
Best BUY position and hold it & TP above 0.45

winlast

498 posts

Posted by winlast > 2020-07-02 15:30 | Report Abuse

up and up higher Prestar target price at 46cents
pan borneo contract

winlast

498 posts

Posted by winlast > 2020-07-03 09:58 | Report Abuse

coming up target price 45cents
cheets PRESTAR

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-06 12:59 | Report Abuse

Winlast?

Win at last!!!

Prestar 45 sen reached

Set your next target at Rm1.00

Prestar = Pre Star

Buy Pre-Star before it turns into a Star

This one will be A Best Performing Star Stock!!!

jungleboy

1,042 posts

Posted by jungleboy > 2020-07-06 15:34 | Report Abuse

from trading view, what is the next target price, anyone?!

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-06 16:23 | Report Abuse

Trading?

Don't simply sell this gem

So many sold Supermax from Rm2 to Rm4 then regretted selling early

Prestar is going into multi year upside again

So hold

Long way up more to reach Rm1.00 first

winlast

498 posts

Posted by winlast > 2020-07-06 17:18 | Report Abuse

Tomorrow trading stocks can be considered are as follows
George kent
Hssb
Cab

KAQ4468

21,497 posts

Posted by KAQ4468 > 2020-07-06 17:19 | Report Abuse

Magnum , Toto & Kuda ada ???

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-06 18:46 | Report Abuse

JUST STICK WITH PRESTAR AS PRESTAR EXPECTED TO GO UP 200% TO 300%

Early April many sold Supermax around Rm2.00 to buy other stocks

While "other stocks" only made 20% to 40% SUPERMAX SURGED FROM RM2.00 TO RM10 TODAY (UP ANOTHER 400%)

SO STICK WITH PRESTAR WHICH WILL GIVE US UP TO 300% UPSIDE (Others might only give 20% to 30% only)

YES!! PRESTAR OR PRE-STAR

BUY PRESTAR BEFORE IT TURNS INTO A "STAR".

NOW THE NEXT GOOD NEWS IS

PRESTAR MAKING SHELVING FOR THE BOOMING ECOMMERCE PARCEL DELIVERY STORAGE

SEE THIS FIRST AND MORE TO COME LATER

https://www.theedgemarkets.com/article/boosting-deliveries-ecommerce

https://www.theedgemarkets.com/article/prestar-inks-deal-supply-automated-storage-and-retrieval-system

https://www.prestarstoragesystem.com/products/


THE RISE OF PACKAGING COMPANIES LIKE MASTER-PACK, ORNAPAPER AND MUDA PAPER DEPENDS ON AVAILABLE STORAGE SHELVES IN WAREHOUSES BY PRESTAR

PRESTAR EXPORTS STORAGE SHELVES ALL OVER THE WORLD USED BY AMAZON, ALIBABA, JD.COM, TABAO & LAZADA

A FAST GROWING SUN RISING INDUSTRY FOR PRESTAR!!!

thesteward

6,782 posts

Posted by thesteward > 2020-07-06 20:58 | Report Abuse

Prestar too undervalue . Should be trading at least at 70 if not 80 sen now . Their directors acquire at a much much higher price last year

SureHuat

97 posts

Posted by SureHuat > 2020-07-06 22:16 | Report Abuse

is the borrowing considered high compared to the cash on hand?

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-06 22:42 | Report Abuse

Compared to other steel companies Prestar is very healthy. Prestar is backed by assets, investments and cash

Plus very visible earnings

SureHuat

97 posts

Posted by SureHuat > 2020-07-08 10:32 | Report Abuse

Thanks Sifu Calvin

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-08 12:28 | Report Abuse

Welcome SureHuat

SureHuat?

What a prosperous name!

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-08 12:28 | Report Abuse

PRESTAR (9873) OR PRE-STAR BUY IT BEFORE IT TURNS INTO A STAR (PART 2) SHELVING FOR E-COMMERCE , Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-07-08-story-h1509802813-PRESTAR_9873_OR_PRE_STAR_BUY_IT_BEFORE_IT_TURNS_INTO_A_STAR_PART_2_SHEL.jsp

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-08 19:14 | Report Abuse

Q1 ended March 2020 :

PPE : 114,502,000

Cash n bank balances : 22,349,000

Long term bank borrowings : 20,843,000

Short term bank borrowings : 145,060,000

}}} Gearing Ratio = 1.22 ... high risk

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-08 19:15 | Report Abuse

The total of vehicles sold in Malaysia in 2019 was 604,287 units.2020年1月22日

MAA trims 2020 car sales forecast by 33pct to 400,000 units
By Ayisy Yusof - April 29, 2020 @ 4:09pm

>>>>

Jan = 42,623
Feb = 40,403
March = 22,478
April = 141
May = 22,960

sum = 128,605

compared to 2019 : 604,287 is 21.28 %

is averagely Reducing about 49 % of the vehicle sales in the first 5 months of 2019 .

calvintaneng

56,628 posts

Posted by calvintaneng > 2020-07-09 18:26 | Report Abuse

Whoa Mikecyc aka hiding behind fake jjohnchew has come to post non sense

1. He forgot Prestar has investments and assets of value

2. Prestar sells guardrails not flat metal for making cars

Now Prestar is a buy on weakness

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-09 22:16 | Report Abuse

as usual con artist is very poor in research , & twisting and create facts:


Prestar Resources Bhd is principally engaged in the business of renting out properties and investment holding. The principal activities are mainly manufacturing of steel related products.

The company has three reportable segments mainly: Investment, Trading, and Manufacturing.

The firm focusses on manufacturing slitting and shearing of carbon and stainless-steel mother coils into slitted coils/ sheets for automotive, electrical and electronic, office, equipment, metal stamping industries, roll-forming of carbon steel pipes, stainless steel pipes and hollow sections, manufacturing of steel flat bars, steel purlins, wheelbarrows and platform hand trucks, steel shelving and pallet racking and other storage equipment and highway guardrails. The group operates in Malaysia.

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-09 22:17 | Report Abuse

Who are them ? Twins ?

calvin / TheSecret / TheCatalyst/ Bagancapital/ Tony/ Tanhboon/ Tan1868 / Sandra/ Polycarp/ Sammj/ Simone/ Amukk

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-09 22:18 | Report Abuse

sandra acting in VC and Metronic before both are dipping .

sandra is the one whom put up your new hp no in i3 , during your hp is down for 10 days .

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-09 22:18 | Report Abuse

9 id Dream_xxxxxx in Sumatec until bankrupt.

Polycarp play naive in Sumatec , now in Netx.

jjohnchew

2,877 posts

Posted by jjohnchew > 2020-07-09 22:19 | Report Abuse

14 id in TDM , all only expert in Flag delete . Now in Opcom also .

The same person from Sumatec using 9 id Dream_xxx promoted until bankrupt.

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