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Overview
Financial Highlight
Headlines
Business Background Leon Fuat Bhd is engaged in the provision of management services through its subsidiaries. It operates through three segments: Trading of Steel Products, Processing of Steel Products, and Others. It mainly involves in the buying and selling of flat and long steel products and also offers value-added services to flat and long steel products in the form of cutting, leveling, shearing, profiling, bending, and finishing as well as production of expanded metal and Other segment includes steel materials such as tool steel and non-ferrous metal products such as bronze, brass, aluminum, and copper. It operates in two geographical areas; Malaysia and Republic of Singapore. The majority of the company's revenue is derived from the Trading of Steel Products and Processing of Steel Products.
  JettLeong High chance for it to break 100 EMA after stellar Q3 results were presented 25/11/2022 11:16 AM IdrakUsama Bagus. Gelombang keluli terus berkembang bersama dengan aktiviti pembinaan yg semakin meningkat 25/11/2022 2:30 PM chienweilim8139 this morning sudden drop got me worried abit, lucky didnt make any unnecessary moves just now , steady bombibi 25/11/2022 3:52 PM raphaelchinn94 quick profit taking for upcoming Christmas gift for their love one maybe hehehehe 25/11/2022 3:53 PM JettLeong Great! Leon Fuat has broke 100 EMA amid awaiting its Q3 results announcement 29/11/2022 9:52 AM ChunWong93 More surge to come after this company announced stellar performance in their Q3 results soon 29/11/2022 10:14 AM IdrakUsama Momentum positif berterusan untuk LEONFB. Amat bagus Terus memantau pergerakan harga mereka 29/11/2022 10:49 AM chienweilim8139 it'd be great if our new gov will have some good new on steel or any related sector, things will gear up together and benefit for everyone <3 29/11/2022 4:37 PM dashengyong82 less expectation always less disappointment hahahaha, lucky this time no bad news oso 29/11/2022 5:00 PM raphaelchinn94 expect some profit taking action this few days, other than that all is good 29/11/2022 5:01 PM JettLeong Q3 results were out. Revenue rose 4.8% qoq and 11.4% yoy, but presented net loss in the quarter 30/11/2022 8:14 AM JettLeong Their cost of good sold was high causing their gross profit margin decreased to 2.9% compared to 12.7% in last quarter 30/11/2022 8:29 AM ironstockhunter Steel price already been shaken off for past months, current price movement should be slow & holding up 30/11/2022 4:30 PM chienweilim8139 china currency RMB depreciate, this definitely stimulates exports and consequently affects local steel prices 30/11/2022 4:50 PM dashengyong82 After experiencing a low order volume in the third quarter, Malaysia’s domestic sales volume and prices have shown a slight recovery at the beginning of the fourth quarter mainly due to the ringgit’s depreciation, the high import cost and the improvement in labour supply 30/11/2022 4:51 PM dashengyong82 third quarter saw a significant increase in the sales volume and a slight increase in selling prices 30/11/2022 4:52 PM raphaelchinn94 we gonna need some good catalyst, let see if gov will have their further plans for malaysia developement 30/11/2022 4:54 PM ChunWong93 Despite net loss had been presented in Q3, they will back to profit again for the next few quarters owing to an increase in construction activity 30/11/2022 6:16 PM IdrakUsama Tak parlu terlalu pesimis terhadap syarikat ni selepas keputusan yg lemah ditunjuk. Permintaan keluli akan meningkat seiring dengan perkembangan infrastruktur Malaysia 30/11/2022 6:56 PM ChunWong93 It will rise as global steel demand rises as China reopens its border and China's securities regulator lifts a ban on equity refinancing in the property sector. 01/12/2022 11:11 AM JettLeong The steel wave will return strongly, and the demand for steel will rise early next year 01/12/2022 11:20 AM IdrakUsama Pergerakan Leon Fuat amat mantap selepas keputusan Q3nya disampaikan. Langkah China menyelamatkan sektor hartanah juga dapat membantu bidang pembinaan mereka 01/12/2022 12:04 PM wasabihunter acceptable result, steel price really need to recover before steel company can start making profits 01/12/2022 4:02 PM dashengyong82 leonfb manage to record RM23.91 million and RM14.02 million in net profit in Q1 & Q2FY22, eventhough during that time there was a sharp drop of steel price 01/12/2022 4:28 PM chienweilim8139 quite impressive and remarkable, look at the peers during that period, leonfb is outperfoming 01/12/2022 4:29 PM raphaelchinn94 you perform good when smooth water, it's called "within expectation" you perform good during adversity, it's called “excel” 01/12/2022 4:33 PM raphaelchinn94 go for value hunt, plus leonfb always been a good yielding company, and worry free waiting for the good time cycle come 01/12/2022 4:37 PM ironstockhunter all steel company are struggling now, but no worries since steel price will rally up in the next cycle 01/12/2022 10:11 PM ironstockhunter Nevertheless, numerous macroeconomic and geopolitical factors will continue to test steel prices. These include China’s zero-COVID initiatives, Europe’s energy crisis, and ongoing demand decreases. 01/12/2022 10:12 PM JettLeong Steel demand will see further growth of 2.2% in 2023 https://www.fastenereurasia.com/?h1861/worldsteel-short-range-outlook-2022-%E2%80%93-2023#:~:text=worldsteel%20forecasts%20that%20steel%20demand,2.2%25%20to%20reach%201%2C881.4%20Mt. 02/12/2022 9:31 AM JettLeong Also, steel demand will increase as a result of the increase in construction activities and the infrastructure projects planned for 2023 02/12/2022 10:28 AM IdrakUsama Saya rasa data tersebut adalah unjuran konservatif daripada mereka. Pertumbuhan industri keluli akan lebih daripada 2.2% memandangkan aktiviti pembinaan akan meningkat tahun depan 02/12/2022 11:41 AM dashengyong82 u still have less than half an hour left bro hahaha very less likely, can see next week lahh maybe can get 0.5 02/12/2022 4:33 PM chienweilim8139 steel will maintaining at slow speed for now, demand will slowly pick up 02/12/2022 5:42 PM chienweilim8139 Believe that the steel industry will return to peak with strong construction activity in Malaysia 02/12/2022 5:42 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
