LEON FUAT BERHAD

KLSE (MYR): LEONFB (5232)

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Last Price

0.47

Today's Change

-0.02 (4.08%)

Day's Change

0.47 - 0.49

Trading Volume

99,100


5 people like this.

3,100 comment(s). Last comment by Unknown404 2 months ago

JettLeong

491 posts

Posted by JettLeong > 2022-10-11 13:09 | Report Abuse

So far this company has more than 3,000 customers, including equipment for the planting field, construction field, and even companies in the semiconductor field.

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-11 13:17 | Report Abuse

Dont worry, LEONFB're able to survive during the hardship of steel industry back to 2016's

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-11 13:19 | Report Abuse

Currently the steel price just experiencing a pullback, LEONFB still has a chance to maintain their profitability

Stallen95

24 posts

Posted by Stallen95 > 2022-10-11 15:09 | Report Abuse

@Checkmate No sign of goreng yet, but its getting closer

Stallen95

24 posts

Posted by Stallen95 > 2022-10-11 15:10 | Report Abuse

Next wave will be in....

Posted by dashengyong82 > 2022-10-11 16:08 | Report Abuse

GE soon, next wave coming soon!!!

Posted by dashengyong82 > 2022-10-11 16:09 | Report Abuse

after GE always got new project, steel coming in hot

Posted by chienweilim8139 > 2022-10-11 16:13 | Report Abuse

good news for many contruction raw material,im excited to see post GE

Posted by chienweilim8139 > 2022-10-11 16:13 | Report Abuse

after so long , we need some catalyst to spark our stock market

JettLeong

491 posts

Posted by JettLeong > 2022-10-12 12:22 | Report Abuse

Construction activities are recovering and steel products will be in demand

JettLeong

491 posts

Posted by JettLeong > 2022-10-12 12:25 | Report Abuse

Just a matter of time, Leon Fuat will Huat again

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-12 12:41 | Report Abuse

The company had ventured into downstream welded steel pipe business back to 2019's

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-12 12:43 | Report Abuse

Thereby, this company's profit will not completely follow the fluctuation of steel price. Good decision from LEONFB's management team

Posted by dashengyong82 > 2022-10-12 19:26 | Report Abuse

their steel business coverage is wide, this is a good sign for a steel company

Posted by dashengyong82 > 2022-10-12 19:27 | Report Abuse

will this i invest my morey here worry free

Posted by chienweilim8139 > 2022-10-12 19:27 | Report Abuse

back to its former glory day in no time

Posted by chienweilim8139 > 2022-10-12 19:28 | Report Abuse

Remaining resilient amid market weakness, LEONFB is potentially rebounding off its immediate support level following prolonged downtrend, with anticipation of continuous improvement in both momentum and trend in the near term.

Posted by raphaelchinn94 > 2022-10-13 16:06 | Report Abuse

steel price now in low position, attractive buy in price

Posted by raphaelchinn94 > 2022-10-13 16:07 | Report Abuse

mainland facing power control , industrial production affect
on the other hand malaysia steel demand will increase , can export more

Posted by dashengyong82 > 2022-10-13 16:08 | Report Abuse

if u aiming price before rebound, now is the good time

Posted by dashengyong82 > 2022-10-13 16:08 | Report Abuse

10 lot buy in small small, next CNY angpao mali mali

JettLeong

491 posts

Posted by JettLeong > 2022-10-13 16:14 | Report Abuse

Leon Fuat's turnover mainly comes from the trading of steel and the sale after processing; and the steel products traded by the company are mainly hot-rolled steel (HRC)

JettLeong

491 posts

Posted by JettLeong > 2022-10-13 16:19 | Report Abuse

FYI, HRC can be used in automobile parts (e.g. frames and wheel rims), construction materials (I-beams), railroad equipment, etc. Huge business growth for Leon Fuat in the future if everything's back on track

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-13 16:33 | Report Abuse

Apply 'Buy Low Sell High' rule. This company had reached its 52 weeks low and it's undervalued currently

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-13 16:34 | Report Abuse

Collect a bit at this discounted price and hold it as mid-term investment

Stallen95

24 posts

Posted by Stallen95 > 2022-10-13 19:02 | Report Abuse

Turning point for LEONFB....

Stallen95

24 posts

Posted by Stallen95 > 2022-10-13 19:14 | Report Abuse

Lowest of the low is here, time to pump back up

Stallen95

24 posts

Posted by Stallen95 > 2022-10-13 19:14 | Report Abuse

When limit up???

JettLeong

491 posts

Posted by JettLeong > 2022-10-14 12:57 | Report Abuse

When limit up? That's a good question. But only God will know

JettLeong

491 posts

Posted by JettLeong > 2022-10-14 12:59 | Report Abuse

Pick up some when the price is low and wait patiently for it to break out. As my Sifu said, the stock market is a device transferring money from the impatient to the patient one.

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-14 13:16 | Report Abuse

Trued. Your theory matched with 'Buy low Sell High' concept, JettLeong

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-14 13:20 | Report Abuse

Btw, Government are allocating RM145 million for maintenance, upgrading and construction of sports facilities in Budget 2023. Demand for steel will be surged undoubtedly

Posted by raphaelchinn94 > 2022-10-14 14:30 | Report Abuse

145 million say big not big, say small not small, hope leonfb can secure big slice of cake

Posted by raphaelchinn94 > 2022-10-14 14:32 | Report Abuse

though johor has oversupply of houses, KL seems like still demand more than supply, construction nonstop

Posted by dashengyong82 > 2022-10-14 14:36 | Report Abuse

quiet day , tgif peeopleess!

Posted by dashengyong82 > 2022-10-14 14:36 | Report Abuse

next week going to be a great week

Stallen95

24 posts

Posted by Stallen95 > 2022-10-14 15:50 | Report Abuse

46-50 sen = bargain price

Posted by wasabihunter > 2022-10-14 15:51 | Report Abuse

Next week goreng ?

JettLeong

491 posts

Posted by JettLeong > 2022-10-17 14:41 | Report Abuse

Collect when the price is cheap as the steel market will be rebound strongly when the demand is booming

JettLeong

491 posts

Posted by JettLeong > 2022-10-17 14:42 | Report Abuse

Plus LEONFB's price to earning ratio is quite low as well. So currently it's undervalued

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-17 15:23 | Report Abuse

Steel demand sure will increase given that the infrastructure plans government announced during Budget 20223

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-17 15:25 | Report Abuse

From my investment strategies, buy low sell high. Currently it's a good entry price as it's quite low-priced

Posted by raphaelchinn94 > 2022-10-17 15:37 | Report Abuse

let see this week performance, personally i feel optimistic

Posted by raphaelchinn94 > 2022-10-17 16:20 | Report Abuse

many investors collecting more than those disposing

Posted by chienweilim8139 > 2022-10-17 16:23 | Report Abuse

GE coming, construction mega projects is coming, steel is coming, everything geared up perfectly

Posted by chienweilim8139 > 2022-10-17 16:23 | Report Abuse

hopefully management team will put some work on public relationship for more people discover this hidden gem

JettLeong

491 posts

Posted by JettLeong > 2022-10-18 08:05 | Report Abuse

Trend reversal begins and Leon Fuat is rebounding off its support level after its prolonged downtrend

JettLeong

491 posts

Posted by JettLeong > 2022-10-18 08:07 | Report Abuse

Improvement in both momentum and trend in the near term for Leon Fuat can be expected

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-18 08:26 | Report Abuse

Engines start heating up for this counter

ChunWong93

600 posts

Posted by ChunWong93 > 2022-10-18 08:27 | Report Abuse

Utilization rate for steel factories is increasing lately and this company will acquire more and more orders from customers

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