About
About Prestar Resources Bhd
Prestar Resources Berhad, an investment holding company, manufactures and trades in steel related products primarily in Malaysia. The company operates through Investment, Trading, and Manufacturing segments. It engages in the manufacturing of steel pipes and tubes; and supplying and installing guardrails, material handling equipment, pallet racking systems, wheelbarrows, hand trucks, and other steel-related products. The company is also involved in the supply of hot- and cold-rolled steel pipes, hollow sections ERW, cold-drawn automotive tubes, slitting and shearing products, galvanized and electro-galvanized products, silicon and stainless-steel coils/sheets, mild steel flat bars, purlins, and expanded metal products. In addition, it offers wheelbarrows, platform trucks, boltless shelving, drive-in products, ASRS, and other racking systems, as well as galvanized highway guardrails and handrails. Additionally, the company imports and distributes general hardware; manufactures and installs structural steel works, and storage and shelving systems; and deals in local forklifts for rental and sales. The company was formerly known as Prestar Industries Berhad. Prestar Resources Berhad was incorporated in 1984 and is headquartered in Rawang, Malaysia.
Research context
Prestar Resources Bhd appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Basic Materials
- Industry
- Steel
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
Review backtest assumptions and evidence before treating a chart or stored history as a research result.
Visit company website
5 years, 6 months ago
Prestar Resources Bhd is currently in a long term uptrend where the price is trading 19.2% above its 200 day moving average.
From a valuation standpoint, the stock is 92.2% cheaper than other stocks from the Other sector with a price to sales ratio of 0.5.
Prestar Resources Bhd's total revenue rose by 7.5% to $126M since the same quarter in the previous year.
Its net income has increased by 132.2% to $5M since the same quarter in the previous year.
Finally, its free cash flow fell by 54.4% to $22M since the same quarter in the previous year.
Based on the above factors, Prestar Resources Bhd gets an overall score of 4/5.