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KLSE: CSCSTEL       CSC STEEL HOLDINGS BERHAD
Last Price Avg Target Price   Upside/Downside Price Call
1.60 1.96     +0.36 (22.50%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
13/02/2018 1.58 1.83 +0.25 (15.82%) BUY AMMB Price Target News
27/11/2017 1.59 1.83 +0.24 (15.09%) HOLD AMMB Price Target News
28/08/2017 1.68 2.02 +0.34 (20.24%) BUY MAYBANK Price Target News
28/08/2017 1.68 2.14 +0.46 (27.38%) BUY AMMB Price Target News


Price Target Research Article/News (past 6 months)
13/02/2018  AMMB CSC Steel Holdings - Value Has Emerged
27/11/2017  AMMB CSC Steel Holdings - 9MFY17 Performance Dented by Margin Squeeze
28/08/2017  MAYBANK CSC Steel - More Positives Than Negatives
28/08/2017  AMMB CSC STEEL HOLDINGS - A Stronger 2HFY17



  9 people like this.
 
riskabsorber Divided announced only 5 sen. Usually report announced before the dividend. This year quite special, could be due to bad quarterly report. Announce the dividend to lure ppl to buy in.
09/02/2018 17:34
Tengkhan This is very first time CSC declared interim dividend, I think result should be good n sustainable, else csc just maintain final dividend will do and no reason for additional dividend. Look at past record, csc declared final dividend despite poor result. So, I don't see any reason to have interim dividend to cover poor result.
09/02/2018 17:55
Sslee Dear all,
https://www.theedgemarkets.com/article/steel-players-seek-measures-prevent-dumping-%E2%80%94-sources
https://www.theedgemarkets.com/article/malaysia-imposes-antidumping-duties-coldrolled-stainless-steel
Hopefully the Government will imposes anti dumpling duty on Cold rolled steel too.
Thank you
09/02/2018 19:49
Sslee Dear all,
CSCSTEEL director reply to my request for interim dividend dated 28 Aug 2017.
We regret to inform that we are unable to accede to your request for an interim dividend as it is our policy of declaring an appropriate amount of dividend after the year end result is known. As you know we are operating in an environment of great volatility. Our business visibility is less than 3 months and therefore we as directors of the company has the duty that we acted for the best interest of the company at all times.
The new Companies Act 2016 (section 132) too has placed great burden on the directors of the company to ensure that dividends could only be distributed out of the profit of the company and that the company is solvent within 12 months of the payment of the dividends. Any improper or unlawful distribution will subject the directors to a penalty of not exceeding 5 years imprisonment or up to RM3 million in fine or both.
Your kind understanding on this matter is very much appreciated.
09/02/2018 19:50
Sslee Dear all,
My replied to CSCSTEEL director,
My asking for an interim dividend is not asking CSC STEEL to pay out more dividends but divide the dividend payout into two times per year rather than the shareholders needed to wait for one full year to get their dividend. The payout rate is still complies with CSC STEEL dividend payout policy of at least 50% of the net after tax profit for the year.”
I understand that big fund like Lembagan Tabung Haji and the parent company China Steel Asia Pacific Holding Pte. Ltd. will not feel any different whether the dividend is paid yearly or semi yearly. But to us minority shareholder some are retirees an interim dividend pay-out at end of year or beginning of year mean a lot of things to us as this is the time where we need the extra income the most in meeting our addition expenses.
I understand that company is not oblige to pay interim dividend but I would like on behalf of minority shareholders appeal to your good self and the kindness of BOD to seriously consider it. Please find in our heart the kindness, a kind act, a selfless giving and an act of caring that will bring a smile to the face of those in needs.
Please convey my warm regards and welcome to the new Managing Director Mr. LEE IE HSIAN. Please also send my thanks to former MD Mr. CHEN HUO KUN for a job well done.
09/02/2018 19:58
Tengkhan Ops, you ask for it... no wonder we got interim div this time. Thanks.
09/02/2018 20:07
lizi sslee, geng !!
09/02/2018 20:32
riskabsorber let's see what happens in this coming result. I still believe this dividend is due to poor result and lure investors
12/02/2018 09:09
calvintaneng VERY GOOD!!

CSCSTEEL NOW BEST OF FLAT STEEL
12/02/2018 16:36
calvintaneng GOVT IMPOSED DUTY AGAINST CHINA FLAT STEEL DUMPING VERY GOOD FOR CSCSTEEL
12/02/2018 16:37
calvintaneng CSCSTEEL IS ALMOST DEBT FREE WITH NO GEARING
12/02/2018 16:37
calvintaneng CSCSTEEL COLD ROIL STEEL IS PERFECT FOR PROTON AND PERODUA CAR PRODUCTION
12/02/2018 16:38
calvintaneng GEELY RAMPING UP PROTON TO 400,000 CARS PER YEAR FOR EXPORT WILL BOOST CSCSTEEL DEMAND
12/02/2018 16:39
calvintaneng COLD ROIL STEEL FROM CSCSTEEL IS READY FOR INDUSTRIAL PAINTJOB. AN EDGE AMONG FLAT STEEL
12/02/2018 16:40
calvintaneng CSC STEEL?

CASH
SURGING
CASH
STEEL
12/02/2018 16:40
calvintaneng COMPANY NOW FACING STABILITY IS READY TO INCREASE DIVIDEND PAYOUT!!
12/02/2018 16:41
Tengkhan ?? You kidding
12/02/2018 17:39
eklim65 5 sen dividend is not as good as last year. Hope to get special dividend in near future. Happy and Prosperous CNY.
23/01/2018 18:52
kevin008 dividend 10 sen loh
12/02/2018 19:19
didi2005 Pay 5 cents first, another 5 cents wait annual meeting approval.
2016 final dividend 10 cents + special dividend 4 cents.
2017 interim dividend 5 cents + final dividend 5 cents.
12/02/2018 20:36
calvintaneng CSCSteel - The Flat Steel Stock That Is Stable, Cash Rich & Now A Great Value Buy (Calvin Tan)

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/147259.jsp
12/02/2018 20:59
feet challenging prospect:

The Group expects business volume for
the first quarter of 2018 to be impacted by Chinese New Year festivities and the rest of 2018 to remain
challenging as the Malaysia steel markets continue to be liberalized and new steel mills come on stream
within ASEAN countries taking advantage of the unimpeded access to markets within ASEAN under
the ASEAN Free Trade Agreement.
12/02/2018 22:37
calvintaneng Look at it this way

Liberalising ASEAN equals to a 620 million market for Geely/Proton

CscSteel is already exporting its quality coll roll to others.

So it can compete.

Only dumping of inferior subsidised steel products will face tariff

Think of the Y10 small steel bar.

You can't bend those made in Malaysia with your bare hands.

For inferior Y10 imported and selling at cut throat prices?

Your house will collapse if you are not careful.
12/02/2018 14:18
joetay btw, tun clown @calvintaneng, do u know what is the meaning of y10 steel???

if u can tell me, that means u did some research.

or else u r just bsing again like in cpo and edible oils.

lol...............
25/01/2018 15:58
calvintaneng haha!

y10 steel?

I bought it together with other construction material like plywood, 2x4 wood beam, cement, pasir kasar, pasir halus and pasir campur, when i built extention to my houses. i never need any research doing these.
26/01/2018 09:05
joetay stupid answer by tun clown @calvintaneng again.

that means this clown did not do a thorough research as usual.

after ur stupidity/incompetency/idiocy been exposed by me so many times, u still do not know how to do basic research.

i asked u do u know what is the meaning of y10 steel, not what is y10 steel. u no understand english????
13/02/2018 08:29
calvintaneng WAHAHA!!

SORCHAI ASK THIS ASK THAT STUPEED QUESTION?

NOW BETTER GRAB SOME CSCSTEEL BEFORE IT FLIES HIGHER!!
13/02/2018 09:32
gooman Kesm is a good buy. Its outlook is very good after the recent AGM. Automotive semiconductor stock
26/01/2018 09:48
calvintaneng SEE

20 ROLLS OF FLAT STEEL SHEETS WERE NEEDED FOR THE MANUFACTURE OF 400 PROTON CAR BODY EACH DAY.

ESTIMATED PRODUCTION WAS 150,000 UNITS A YEAR.

AND WITH GEELY JV WITH PROTON PRODUCTION WILL RAMP UP TO 400,000 UNITS A YEAR.

THAT MEANS MORE THAN 160% INCREASE OF COLD ROLL STEEL NEEDED FROM CSCSTEEL

SEE HOW COLD ROLL STEEL IS CONVERTED INTO PROTON CARS

https://www.youtube.com/watch?v=9DzVzp12pbw
14/02/2018 00:31
joetay as usual, clown @calvintaneng cannot answer simple questions and decide to divert the topic.

so what does the 10 in y10 means????

lol............
14/02/2018 00:49
calvintaneng SEE

20 ROLLS OF FLAT STEEL SHEETS WERE NEEDED FOR THE MANUFACTURE OF 400 PROTON CAR BODY EACH DAY.

ESTIMATED PRODUCTION WAS 150,000 UNITS A YEAR.

AND WITH GEELY JV WITH PROTON PRODUCTION WILL RAMP UP TO 400,000 UNITS A YEAR.

THAT MEANS MORE THAN 160% INCREASE OF COLD ROLL STEEL NEEDED FROM CSCSTEEL

SEE HOW COLD ROLL STEEL IS CONVERTED INTO PROTON CARS

https://www.youtube.com/watch?v=9DzVzp12pbw
14/02/2018 00:56
anonboy Buy Kesm today. Its outlook is very good after the recent AGM. automotive semiconductor stock
14/02/2018 08:12
calvintaneng Years back Dr. Neoh Soon Kean recommended KESM in his monthly digest at around Rm3.00

I bought & sold already. Now KESM has gone up by more than 700%.... so not cheap anymore

BETTER BUY CSCSTEEL AS IT WILL GO UP MORE BY PER CENTAGE THAN KESM FROM HERE
14/02/2018 08:17
joetay tun clown @calvintaneng, u tell me whether geely will import the malaysian production into china first, then i consider whether to buy.

lol.............
14/02/2018 08:34
calvintaneng SEE

20 ROLLS OF FLAT STEEL SHEETS WERE NEEDED FOR THE MANUFACTURE OF 400 PROTON CAR BODY EACH DAY.

ESTIMATED PRODUCTION WAS 150,000 UNITS A YEAR.

AND WITH GEELY JV WITH PROTON PRODUCTION WILL RAMP UP TO 400,000 UNITS A YEAR.

THAT MEANS MORE THAN 160% INCREASE OF COLD ROLL STEEL NEEDED FROM CSCSTEEL

SEE HOW COLD ROLL STEEL IS CONVERTED INTO PROTON CARS

https://www.youtube.com/watch?v=9DzVzp12pbw
14/02/2018 08:38
joetay but who is the major owner of csc, tun clown @calvintaneng????

if u know, i wont call u tun clown @calvintaneng from now until after last day of cny but just tun @calvintaneng, total of 17 days.

lol...............
14/02/2018 14:41
calvintaneng Not only Proton going to make more cars

SEE PERODUA ALSO MAKE MORE THAN 200,000 CARS

https://www.nst.com.my/business/2018/01/326652/peroduas-vehicles-sales...

THEN THERE IS NAZA, HONDA, MAZDA & MANY OTHER CAR FACTORIES NEEDING COLL ROLL STEEL FROM CSCSTEEL
14/02/2018 08:44
calvintaneng so sorry for baby joe

he missed cscsteel
14/02/2018 09:17
peter555 AmInvest Research upgrades CSC Steel to Buy, FV RM1.83

Read more at https://www.thestar.com.my/business/business-news/2018/02/13/aminvest-research-upgrades-csc-steel-to-buy-fv-rm1pt83/#MHv8YIcrbL71QvhL.99
14/02/2018 09:35
peter555 Looks like all steel stocks bullish today ... huat ah
14/01/2018 10:49
joetay what for i play csc steel now????

i bot ssteel for 2 and sold @ 2.4 sometime end last yr.

i bot sime at ard 2 and sold @ 3 early last mth. but u dont see me bragging abt it.

only idiots like tun clown @calvintaneng will aim for such small returns and still brag abt it.

Posted by calvintaneng > Feb 14, 2018 09:17 AM | Report Abuse

so sorry for baby joe

he missed cscsteel
14/02/2018 11:00
calvintaneng baby joe now play what?

better go buy mrcb on weakness!!

GOVT GONNA PLAY UP ALL GOVT LINKED STOCKS SOON

MRCB IS THE VERY BEST!!
14/02/2018 11:00
calvintaneng baby joe now play what?

better go buy mrcb on weakness!!

GOVT GONNA PLAY UP ALL GOVT LINKED STOCKS SOON

MRCB IS THE VERY BEST!!
14/02/2018 10:02
apolloang hope this blady EPF no selling MRCB like sapnrg,sasbadi and prolexus
14/02/2018 12:32
peter555 approaching R1 - 1.71
14/02/2018 10:09
joetay all the stocks that clown @calvintaneng plays r 90% go south or 10% flash-in-the-pan-up-for-1-week.

so what for i follow a clown like u with so high loss probability????

lol............
14/02/2018 12:05
calvintaneng HAPPY NEW YEAR!!

ALL HAPPY NOW!!
15/02/2018 12:35
joetosh becoz of calvin strong recommendationd... i bought @ 1.60 today....but subject to cut loss... hehe
20/02/2018 17:19
joetay as per usual, clown @calvintaneg's recommendation is a flash-in-the-pan.
20/02/2018 21:41
Pilotsport Kyy mari support....tolong tolong
21/02/2018 15:51


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