PSAHAAN SADUR TIMAH MSIA
KLSE (MYR): PERSTIM (5436)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.48
Today's Change
-0.01 (0.29%)
Day's Change
3.48 - 3.49
Trading Volume
6,700
Overview
Market Cap
449 Million
NOSH
129 Million
Avg Volume (4 weeks)
4,595
4 Weeks Range
3.42 - 3.60
4 Weeks Price Volatility (%)
33.33%
52 Weeks Range
3.42 - 5.09
52 Weeks Price Volatility (%)
3.59%
Previous Close
3.48
Open
3.49
Bid
3.48 x 7,300
Ask
3.55 x 4,000
Day's Range
3.48 - 3.49
Trading Volume
6,700
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2023 [#1] | 16-Aug-2023
Next QR | Est. Ann. Date
30-Sep-2023 | 09-Nov-2023
T4Q P/E | EY
-285.60 | -0.35%
T4Q DY | Payout %
2.87% | 0.00%
T4Q NAPS | P/NAPS
4.34 | 0.80
T4Q NP Margin | ROE
-0.12% | -0.28%
Market Buzz
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: METALS
Subsector: METALS
Description:
Perusahaan Sadur Timah Malaysia Perstima Bhd is a Malaysia based company engaged in manufacturing and supplying of tinplate and tin free steel in domestic and export market. It has been equipped with a Halogen type Continuous Electrolytic Line. Coil products, cut sheet, scroll cut and tin free steel are the form of the products offered by the company. The group has two business segments based on the geographical locations, in Malaysia and Vietnam. The company operates in Malaysia, Vietnam and Other countries of which majority of its revenue from manufacturing and supplying is derived from Malaysia.
Discussions
5 people like this. Showing 50 of 726 comments
propose a Final Single-Tier Dividend of 20.0 sen per ordinary share in respect of the financial year ended 31 March 2021
2021-08-16 15:30
Back to paying high dividend again after a one year break due to high capex requirement. If the upcoming 1st qtr result is good even in the middle of the pandemic, confirm it's a well managed, inelastic, monopolistic, low p/e and high dividend yield stock. Share price will explode. Cheers to all investors.
2021-08-22 09:15
About the only issue with this counter is liquidity. There is very little free float. Even after their recent rights and bonus issue last year. Any big buyer put a squeeze on it, price will fly. But fundamentals are so so good.
2021-08-28 16:47
Thanks stockraider. Totally agree with you. This is a high growth and high dividend stock waiting to be discovered and explode. When their Philippines plant start to contribute in a big way very soon, earnings growth is going to be exponential. But it is so small cap and the sellers are so far and few in between. Cheers.
2021-08-29 16:41
Slightly disappointed with the QR yesterday. With higher REV but lower profit? What to do? this is the nature of business
Good potential with the demand of tin. Good chance to add more today. 20c DIV (assume RM4 purchased price translate to 5% interest liao)
2021-09-22 09:30
New PERSTIMA tinning line in the Philippines expected to be operational by Q4-2021
Jan 20, 2021
Tenova reports that it has been contracted for a 200,000 tonnes/year new high-speed electrolytic tinning line with insoluble anodes by Perusahaan Sadur Timah Malaysia (PERSTIMA) Berhad, premier producer and supplier of high quality tinplate in South East Asia. This cutting-edge technology will be implemented in PERSTIMA’s plant in Batangas (Philippines). The electrolytic line is expected to be put into operation by Q4-2021.
The electrolytic combined tin-plating and tin-free steel line will work at 550 meters/minute at entry/exit and 420 at the process section, for annual production of 200,000 tons. The steel strip will be 550-1000 mm wide and 0.10-0.60 mm thick, and the line will process all the main grades of steel for a product mix which will satisfy the most recent demand of the high-quality market. A minimum tin coating thickness of 1.1 g/m2 is guaranteed.
The line is equipped with a dedicated section (cells and recirculation equipment) for the production of tin free steel process as well. Tenova will provide the state-of-the art automation with an enhanced Web-Based Level 2 and Roll Management Software to automatically schedule roll activities in the processing line.
“Tenova insoluble anodes technology will permit an easier handling of the process section with highest safety for the operators. Tenova developed an advanced system for the tin-dissolution reactors, achieving very low tin losses in the sludges. This represents a very positive aspect both for economic and environmental reasons”, affirmed Giuseppe Zanzi, Tenova Italimpianti & Strip Processing Sales Manager SEA & India.
“This new project will allow our customer to address the request of higher quality tinplate and TFS in the region, confirming our position in high-standards tin-plating market, after previous important contracts in Spain and in China, among the others”, affirmed Stefano Marelli, Tenova Global Sales Manager South East Asia.
Finally, a further improvement in the quality of the tin-plate has been achieved through the development of special edge-masks. These devices prevent the “white edge defects” due to tin overcoating at the edges while processing strips with different widths. In addition, Tenova edge-mask design guarantees easy inspection and access to the cell. Tenova Insoluble Anode Technology with IGBT Rectifiers globally permits a large operating saving in tin and electrical consumption, guaranteeing the top of quality.
2021-10-06 00:39
last day for 20cents DIV. Next year DIV confirm 50-100% more after Philippine in operation
2021-10-06 09:29
Normal behavior of such small cap illiquid counter. No more excitement after div. Furthermore with poor recent quarterly result. Unless next qtr result is going to be good. Then some excitement with insiders slowly and quietly buying.
2021-10-08 12:01
TIN prices were at $21,000 in Jan 2021.
It is now at $37,500 now.
The uptrending looks so strong.
2021-10-24 20:57
time to wake up! All my other stock up for a month only this drop for a month
2021-10-25 14:14
@lionel messi, according to an article by thedegemarkets a few years ago, it'll negatively impact Perstima profits.
https://www.theedgemarkets.com/article/boon-and-bane-rising-tin-prices
2021-10-25 18:45
if tin price up then Perstima also can increased selling price lo. Important the order book need soar when the Philippine market in full capacity
2021-10-25 19:29
up or down determined by operator. We ikan bilis only need to have some luck. Hahahaha!!!
2021-10-26 15:18
Not looking good because Everyday people waiting to sell only.
too bad I dont have extra bullet to buy again now. Waiting for dividend to bank in then can buy a bit more
2021-10-27 14:46
need to be prepared if you want to beli because this useless counter only up one day then drop one month. Hahahah!
2021-11-09 14:39
wow, volume was unusually high yesterday with sharp rise in price. good results and div coming?
2021-12-17 11:23
No dividend this year. Philippines factory start production. Expected break even in 3 years.
2022-08-25 22:15
Dividend 10sen. Malaysia and Vietnam doing well. Philippines production started, but loosing money.
2022-11-09 22:20
The Japanese hold more then 2/3 of total share. No easy push the price by minor shareholder. No fund manager hold this share
2022-11-11 01:57
Bad quarter. Malaysia and Vietnam revenue drop a lot . Philippines still loosing money. Overall loosing money!
1 month ago
Post a Comment
Featured Posts
10年前的手机革命造就了智能手机；10年后的今天，汽车革命会不会造就电动车？
MQ Trader - Introduction to MQ Trader Affiliate Program
I3investor - Meet the new I3investor...
Apps
Top Articles
2
THE INVESTMENT APPROACH OF CALVIN TAN
3
save malaysia!
5
Kenanga Research & Investment
6
Good Articles to Share
EU must choose between cheaper power or protecting wind industry
7
8
BFM Podcast
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
scenery
Post removed.Why?
2021-07-04 14:11