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Overview
Financial Highlight
Headlines
Business Background
 Be the first to like this.   MrZaq12 Acceptance of appointment as subcontractor from Ganda Imbuhan Sdn Bhd for the provision of supply and install guardrails for Section 6 (Kapar Interchange to Assam Jawa Interchange) of West Coast Expressway. https://www.leformgroup.com.my/investor-relations/bursa-announcements/ 21/12/2022 11:15 PM stainlyho37 still on going collection.....watch out now...hope touch 0.23.....cheers... 17/01/2023 12:02 PM awesome20 next target 0.260 then sustain above 0.285 before surging higher towards 0.350/0.385 patient is money 06/02/2023 5:15 PM henry888 collecting big not pushing while waiting for announcements ? a bit confusing whilst some ppl might said sold on news ? But apparently the big kaki/operator has pressed down the price at closing to collect more.... 08/02/2023 6:09 PM  ampabella leformasi...............................................leformasi..........................................sampai bila baru boleh naik 10/02/2023 5:16 PM M55555 https://www.taipeitimes.com/News/biz/archives/2023/02/16/2003794413 China Steel Corp (中鋼) yesterday said it would raise domestic steel prices by up to NT$1,200 (US$39.59) per tonne for delivery next month, citing rising raw material costs and an upward trend in global markets. 17/02/2023 12:02 PM charonflytea loss making 15m... PN17 soon, AA team also another broker house bring investor to holland. 28/02/2023 11:37 PM abcb Commentary on Prospect: Leform is principally involved in the manufacturing and trading of steel products. As indicated in the Prospectus date 26 Oct 2022,raw materials accounted for more than 90% of our total cost of sales.As such,volatility of steel price,being one of key risk factors to the business of the Group,would have impact on our Group margin,in view of this volatility,our management closely monitor the pricing of raw materials for current purposes. The Russian-Ukraine was has had a multiplies effect especially to the European countries as more steel mills in Europe had ceased operations due to rising prices of electricity. In addition,one of the world's largest steel manufacturer in South Korea has shut down is expected to adversely affect the supply of steel products and in turn,would cause steel prices to rise. moreover,the recent lifting of China's zero Covid policy is expected to boost the demand for steel as commercial and industrial businesses these resumed their activities.This demand push would further support the ASP of steel products. In facts,prices of steel products have already begun trending upwards since the end of December,2022 of USD 746 per MT from low USD 663 per MT and this certainly bodes well for our Group's outlook. Meanwhile,back home in Malaysia's,the Groupforesees the demand for steel products-a key materials Group used in construction to rise,underpinned by the mega infrastructure such as sacffoldings,and staircases as well as guardrails and this is another positive development for the Group. Premised on the abovementioned factors,and barring unforeseen circumstances,the Board expects the Group's prospects to improve in the coming financial year. 01/03/2023 4:41 PM abcb International steel price has been rising started from January to March this year but share price of steel companies keep dropping 08/03/2023 9:59 AM abcb Steel rebar futures rose to above CNY4,375 per tonne in March, the highest in eight months, on optimism of higher demand from China as the country enters peak construction season and is set to announce more fiscal support. The Chinese government announced a 5% growth target this year during its National people's Congress session, paving the way for more stimulus for infrastructure. Meanwhile, supply remained tight as major steel production hub Tangshan was forced to extent its production halt in respond to heavy pollution. Also, steel mills were make to higher bids for iron ore since adverse weather in top iron producers Australia and Brazil limited shipments 15/03/2023 11:18 AM | |
