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78 comment(s). Last comment by murali at Sep 17, 2016 2:16 PM
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murali
5814 posts

Posted by murali > Sep 16, 2016 2:10 PM | Report Abuse

Then better let megasteel close shop forever...everybody will b happy then....except william chen...lol


moneySIFU
5514 posts

Posted by moneySIFU > Sep 16, 2016 2:13 PM | Report Abuse

As users of CRC, they used to be able choose to import CRC from China/Korea/Vietnam or to buy from local crc producers.

Now, price of Imported CRC increased due to price increase in China and imposition of anti dumping duties.

Meanwhile, cost of production for local CRC reduced more than 400 per tonne, a great saving of approximately 25%~30%.

Please note that Half of local CRC consumption were imported from oversea while the other half were fulfilled by local CRC producers for past many years.

The improved and large margin spread between selling price and production cost gives strong position for local producers to compete in previously oversea supplied market.


murali
5814 posts

Posted by murali > Sep 16, 2016 2:13 PM | Report Abuse

Just like proton...if it close shop we can buy better cars with less price


JN88
11105 posts

Posted by JN88 > Sep 16, 2016 2:16 PM | Report Abuse

Steel company involved many issues than oil.... all depend on China Tai go. Still remember 9 years ago after china Olympics... they kill my kinstell and perwaja...wakakkakakaka


moneySIFU
5514 posts

Posted by moneySIFU > Sep 16, 2016 2:17 PM | Report Abuse

What can you expect? Not sure? Here you go:

1. Margin improved
2. Market share for local producers increased
3. Market share for importers' crc reduced

Ultimately, think if you are william cheng, what can you do to revive megasteel?


moneySIFU
5514 posts

Posted by moneySIFU > Sep 16, 2016 2:18 PM | Report Abuse

Exactly, murali, we all suffer because of stupid national car plan


moneySIFU
5514 posts

Posted by moneySIFU > Sep 16, 2016 2:19 PM | Report Abuse

Imagine we can pay 60k+ for Toyota Altis as those staying Langkawi....


JN88
11105 posts

Posted by JN88 > Sep 16, 2016 2:21 PM | Report Abuse

moneySIFU ....you dreaming ar??? kakaka


moneySIFU
5514 posts

Posted by moneySIFU > Sep 16, 2016 2:25 PM | Report Abuse

Great observation, probability, hands up to agree, thumbs up!


moneySIFU
5514 posts

Posted by moneySIFU > Sep 16, 2016 2:29 PM | Report Abuse

Hahaha, at least I can dream of staying at Langkawi......


probability
12128 posts

Posted by probability > Sep 16, 2016 2:32 PM | Report Abuse

moneySIFU..this is my hands up symbol to you!!..."Y Y".....
no idea how you can up with all those creative emoticons!....he he...

you truly have a strong analytical mind...supported with hard facts.


klee
862 posts

Posted by klee > Sep 16, 2016 2:40 PM | Report Abuse

Everytime something shoots up,someone will come out 'ah chee ah chor'.
If you are good,why you did not spot the steel sector before the sector took off?
Talking is easy,making money not so.


probability
12128 posts

Posted by probability > Sep 16, 2016 2:44 PM | Report Abuse

Its not an airplane...where you have to sit before it takes off.

I think you are being very inconsiderate to people in a thread who are presenting factual arguments. I would not have mind you talk like this in other Kopitiam forums...which shouts sell sell..buy buy..

Posted by klee > Sep 16, 2016 02:40 PM | Report Abuse

Everytime something shoots up,someone will come out 'ah chee ah chor'.
If you are good,why you did not spot the steel sector before the sector took off?
Talking is easy,making money not so.


klee
862 posts

Posted by klee > Sep 16, 2016 2:54 PM | Report Abuse

Chill la,i am referring to the author.So what about kopitiam buy/sell.
Some of those are the real pros compared to those talk non stop types.


Up_down
4046 posts

Posted by Up_down > Sep 16, 2016 7:27 PM | Report Abuse

Logically, you won't buy Cxxxxxx if you know its business operations. The profits level would not be sustainable in next few quarters. But....When the big players wanted to goreng by relying on the steel theme, you might miss short term trading gain which attached higher risks.


股海無涯
226 posts

Posted by 股海無涯 > Sep 17, 2016 10:33 AM | Report Abuse

it take courage to share something different when all the people is "hot and believe" in somethings else. and i think this is a fair and reasonable consideration on this few counter. respect! it doesnt mean those counter is not worth it, but we have to take into consideration above senerio.


Johnnys
761 posts

Posted by Johnnys > Sep 17, 2016 11:01 AM | Report Abuse

We don't know next few quarter still profitable or not, because price for steel is changing every day, what I know is for SSteel next quarter result 99% will be better than this quarter. WHY... go reach and observe your self.


murali
5814 posts

Posted by murali > Sep 17, 2016 12:17 PM | Report Abuse

I learnt my lessons from johotin.when they posted 2 very good q results n the whole world expected the same on the third q in view of the low milk powder prices then tragedy happened...


murali
5814 posts

Posted by murali > Sep 17, 2016 12:26 PM | Report Abuse

Johotin n canone went up a lot,mayb ard 100% during the condensed milk party n never tell lie sifu set very high tp for both,basing on his 5 templates borrowed fm kc chong if i m not mistaken...n then koon koon comes out to promote kuat kuat in i3...of course he wrote his disclaimer too....if u buy high u got burnt then thats yr own fault not his.......what happened then is history


murali
5814 posts

Posted by murali > Sep 17, 2016 12:31 PM | Report Abuse

Dont worry koon koon n sifu n his 100 clients shall continue to make money while some of u shall continue to lose n cry father cry mother...sifu do u see this statement a lie or a joke?


murali
5814 posts

Posted by murali > Sep 17, 2016 12:36 PM | Report Abuse

But things could hv some changes now....last time sifu buy first before everybody...now sifu only bought high high after broadcasted to his rm1000 subscribers...
Sifu has more moral value now...just like koon koon has noble intention.....the two holy people in i3


murali
5814 posts

Posted by murali > Sep 17, 2016 12:39 PM | Report Abuse

One got long buddha ears n one got big buddha heart.....salute..


voonyoke
1037 posts

Posted by voonyoke > Sep 17, 2016 1:11 PM | Report Abuse

It is no point to criticize. Murali, since u r so good, please do share on some good stocks. If not, it is just another horse back cannon


murali
5814 posts

Posted by murali > Sep 17, 2016 1:24 PM | Report Abuse

I shared on gamuda wr n mbsb earlier this year...u think i were sifu meh..hv to share every week...


murali
5814 posts

Posted by murali > Sep 17, 2016 1:26 PM | Report Abuse

Only for those very confident one i shared...or else people follow n went holland i feel guilty though its free tips


murali
5814 posts

Posted by murali > Sep 17, 2016 1:31 PM | Report Abuse

Most of time i shared on conman's cari makan tactic in i3...so sifu n koon koon dun like....


voonyoke
1037 posts

Posted by voonyoke > Sep 17, 2016 1:35 PM | Report Abuse

From what u talk, I can see u won't go far


murali
5814 posts

Posted by murali > Sep 17, 2016 2:16 PM | Report Abuse

Hmm..my bankers n remisiers may have different opinion...

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