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Kinsteel (KUL:5060) |
Commodity Online
Mar 21
Comment
and ldquo;For intra-day the commodity has support at 5060 while 5120 is the resistance. Traders are advised to take short position around 5090 with stop loss of 5120 and wait for the target near 5060, and rdquo; said Ankush Kumar Jain Research...
Commodity Online
Mar 8
Comment
and ldquo;If futures sustain above 5010 then it may move up to 5060 level. Intra-day traders are advised to buy only above 5010 with stop loss of 4980 and wait for the target near 5060, and rdquo; said Ankush Kumar Jain Research Analyst at...
Business Times - Malaysia
May 16
Comment
OSK Research is maintaining a "neutral" call on steel manufacturer, Kinsteel Bhd, saying that it was not pinning too much hope on its business since the implementation of mega projects under the Economic Transformation Programme may encounter...
Business Times - Malaysia
May 16
Comment
Kinsteel Bhd, a steelmaker, advanced 3.5 per cent to 44 sen, bound for its steepest increase since Feb 10.
The company reported first-quarter net income of RM10.3 million, compared with a loss of RM3.6 million a year earlier, it said in a...
Business Times - Malaysia
May 15
Comment
Kinsteel Bhd returned to the black for its first quarter ended March 31, 2012 with a pre-tax profit of RM18.225 million
from a pre-tax loss of RM20.103 million last year.
Revenue for the three-month period, however, declined to RM506.074 million...
Business Times - Malaysia
May 14
Comment
Maybank IB Research upgraded Kinsteel Bhd to "buy" as it expected the steel manufacturer to turn around in its upcoming earnings result on lower iron ore cost and better local sales.
"After posting losses in the past six quarters and the...
Business Times - Malaysia
Mar 16
Comment
At 9.59am trading Kinsteel Bhd, a steelmaker, dropped 1 per cent to 49 sen. The company is "streamlining" its downstream business operations to help cut costs and is reviewing various options for a unit that produces and sells steel beams. --...
Business Times - Malaysia
Mar 9
Comment
The directors of Perwaja Holdings Bhd (PHB) have extended the deadline from March 12 to Friday, March 16 for the Renounceable Restricted Offer For Sale by Kinsteel Bhd of RM175,450,000 nominal value of the seven per cent 7-year Redeemable...
Business Times - Malaysia
Nov 25
Comment
Kinsteel Bhd reported a smaller pre-tax loss of RM25.76 million for the third quarter ended Sept 30, 2011 compared with a pre-tax loss of RM49.29 million registered in the same quarter last year. Revenue increased to RM403.77 million from RM360.07...
Business Times - Malaysia
Jul 26
Comment
Perwaja Holdings Bhd, a Malaysian steelmaker, rose to its highest level in more than six months in Kuala Lumpur trading after saying it will raise RM280 million selling loan stocks to parent Kinsteel Bhd for working capital.
The stock climbed 1.9...
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