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

JXnotJAX

223 posts

Posted by JXnotJAX > 2020-08-31 19:41 | Report Abuse

of course earning not good, steel is not being used for anything during mco, no construction also, they will definitely recover in q 3

JXnotJAX

223 posts

Posted by JXnotJAX > 2020-08-31 19:42 | Report Abuse

touching .8 again in a few months time

Posted by jasonlingwj > 2020-09-02 12:16 | Report Abuse

Anybody knows what's the cause of the 11% spike in share price today?

JXnotJAX

223 posts

Posted by JXnotJAX > 2020-09-02 17:45 | Report Abuse

no cause, this is just a cycle, up to .6 and down again, but is uptrend

Posted by budakbaiklah > 2020-09-02 20:34 | Report Abuse

@JXnotJAX, overall still uptrend?

JXnotJAX

223 posts

Posted by JXnotJAX > 2020-09-02 22:31 | Report Abuse

you see the low, every time is higher low point, it's an uptrend, but I didn't hold any share already, shifted to others, consider buy back if it hits .52 again

DickyMe

14,892 posts

Posted by DickyMe > 2020-09-05 19:39 | Report Abuse

DickyMe Buy below 30 sen
27/08/2020 11:22 PM

EST859901

30 posts

Posted by EST859901 > 2020-09-07 10:25 | Report Abuse

Dividend RM0.010, Ex Date will coming soon (10 Sep 2020)hold first for dividend

DickyMe

14,892 posts

Posted by DickyMe > 2020-09-22 10:31 | Report Abuse

Meaningless dividend if price falls

Posted by New2Invest2016 > 2020-11-13 09:53 | Report Abuse

any good news for Prestar ? up a lot today.

Des2003

156 posts

Posted by Des2003 > 2020-11-14 18:20 | Report Abuse

May be on news related to Pan Borneo Highway & other upgrading infra works to be rolled out soon

Posted by EatCoconutCanWin > 2020-11-18 14:29 | Report Abuse

buy all steel..goin to shooting star

Des2003

156 posts

Posted by Des2003 > 2020-11-18 15:20 | Report Abuse

shooting up now

Des2003

156 posts

Posted by Des2003 > 2020-11-19 09:30 | Report Abuse

breakout 0.615 this morning

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-11-21 22:55 | Report Abuse

Something brewing.??? Slowly but surely.

awesome20

1,198 posts

Posted by awesome20 > 2020-11-22 21:16 | Report Abuse

tomorrow another show to test 0.800 soon

Invest33

136 posts

Posted by Invest33 > 2020-11-23 14:44 | Report Abuse

TASHIN (0211) - Steel-ing the limelight

Current Price: 0.255

Why should we look into Tashin?

1. Tashin posted strong Q3FY20 results as their net profit was up by 1134% on QOQ basis and 183% YOY. Revenue for the quarter was the highest ever since their IPO in 2019.

Source: https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0211

2. Malaysia has started with some of the latest mega projects like ECRL & RTS which definitely requires steel therefore the demand for steel will increase.

Source: https://www.channelnewsasia.com/news/asia/malaysia-construction-singapore-johor-rts-bukit-chagar-station-13615148

https://www.malaymail.com/news/malaysia/2020/11/18/transport-ministry-ecrl-project-ahead-of-schedule-to-proceed-with-existing/1923842

3. Iron price has surged up almost up 38 per cent, according to data from S&P Global Platts and set to average $100 a tonne for the first time since 2013.

source: https://www.ft.com/content/2a0f550c-4075-48ef-bda0-0f9e615ba8fb

Conclusion

As we can see from the quarterly performance of Tashin we can see that Tashin has definitely up it’s ante as their result soared up quite significantly.

With the major mega projects now already kick start steel will see it’s demand to increase therefore local steel players will definitely benefit from this.

Iron ore price has being going up and Companies like ChooBee & CSCSteel has shown quite good result. This is probably a step moving ahead in tandem with the demand of iron.

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-11-27 22:57 | Report Abuse

Coming soon

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-11-27 22:57 | Report Abuse

Tengok betul2

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-12-01 11:07 | Report Abuse

Watch out !

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-12-01 17:22 | Report Abuse

Up up n away!!!

Posted by wallstreetrookie > 2020-12-01 18:15 | Report Abuse

Wuchang call buy. Sell

Posted by newcomer1388 > 2020-12-02 14:50 | Report Abuse

please drop

Posted by Futurebroker888 > 2020-12-02 15:27 | Report Abuse

Faster go up lo all steel up already

Posted by Futurebroker888 > 2020-12-02 16:05 | Report Abuse

Gogogo all steel counter run already

Superb99

6,603 posts

Posted by Superb99 > 2020-12-02 23:30 | Report Abuse

No wonder drop, this wuchang conman was giving a buy call...I also quite surprised how come most steel counters up but it dropped

Superb99

6,603 posts

Posted by Superb99 > 2020-12-02 23:31 | Report Abuse

High dumping volume today, hopefully it can regain momentum tomorrow

Invest_888

1,067 posts

Posted by Invest_888 > 2020-12-07 11:09 | Report Abuse

Prestar earning power is one of the best steel companies if you compare it with other steel companies in year 2017. Moreover, continuous paying dividend record.
Year 2021, many big project are going to execute, a lot of steel and steel related work are in high demand. A busy year in 2021.

BanyakZhun

293 posts

Posted by BanyakZhun > 2020-12-10 13:20 | Report Abuse

Going up soon

Kengor

184 posts

Posted by Kengor > 2020-12-16 10:37 | Report Abuse

join at 0.800 yoyoyo

KKLong

1 posts

Posted by KKLong > 2020-12-16 13:15 | Report Abuse

This stock will goes up to RM1.1 based on the Technical Analysis. It formed a BOW shape now.. It alr corssed the RM0.822 R mark.

huattttt

37 posts

Posted by huattttt > 2020-12-21 14:13 | Report Abuse

bought at 0.8 gogogo tp 1.2

Posted by zerotohero > 2020-12-21 23:32 | Report Abuse

Hold tight, increasing volume are typically viewed as strong and healthy.

Kengor

184 posts

Posted by Kengor > 2020-12-22 11:06 | Report Abuse

u r my hope now in this deadly market XD

Kengor

184 posts

Posted by Kengor > 2020-12-23 17:28 | Report Abuse

marching towards next big resistance at 0.92

ttluck

769 posts

Posted by ttluck > 2020-12-24 14:02 | Report Abuse

pan borneo projects counts...come more good news..

Kengor

184 posts

Posted by Kengor > 2020-12-28 16:36 | Report Abuse

please close strong today!!!

apple168

6,236 posts

Posted by apple168 > 2020-12-29 11:13 | Report Abuse

多人的地方藏陷阱,不要去追高,感恩所有。

Kengor

184 posts

Posted by Kengor > 2021-01-04 20:44 | Report Abuse

luckily I cabut at 0.88 already

Posted by Trader Berjaya > 2021-01-06 22:25 | Report Abuse

Very slow counter maa

andr

466 posts

Posted by andr > 2021-01-08 15:03 | Report Abuse

BBB

ttluck

769 posts

Posted by ttluck > 2021-01-13 15:07 | Report Abuse

wait to shoot up again to new high...

newuser999

231 posts

Posted by newuser999 > 2021-01-22 15:55 | Report Abuse

seems good news is coming

A680910a

58 posts

Posted by A680910a > 2021-01-22 16:06 | Report Abuse

Really!!

newuser999

231 posts

Posted by newuser999 > 2021-01-22 16:41 | Report Abuse

the only green among all steel counters. once breaks 0.90, will be another wave

huattttt

37 posts

Posted by huattttt > 2021-01-22 16:44 | Report Abuse

还没很多人注意到,加码,等越来越多人的时候就要走了

newuser999

231 posts

Posted by newuser999 > 2021-01-22 16:52 | Report Abuse

watch out for Astino too....

A680910a

58 posts

Posted by A680910a > 2021-01-22 17:38 | Report Abuse

Ok thanks

BanyakZhun

293 posts

Posted by BanyakZhun > 2021-01-22 19:35 | Report Abuse

Very good news coming!!! Something brewing

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