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Change in Company SecretaryNo Company Secretary update available for this stock.   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 Remnant17 U r correct Fundamental Trader , so reasonable till can say cheap. Bought and also added. Thanks 11/03/2024 4:36 PM  | |
