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KLSE: CSCSTEL       CSC STEEL HOLDINGS BHD
Last Price Avg Target Price   Upside/Downside Price Call
1.11 1.09     -0.02 (1.80%)
* 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
27/03/2019 1.06 1.09 +0.03 (2.83%) HOLD AmInvest Price Target News
27/02/2019 1.10 1.09 -0.01 (0.91%) HOLD AmInvest Price Target News
29/11/2018 1.06 1.09 +0.03 (2.83%) HOLD AmInvest Price Target News


Price Target Research Article/News (past 6 months)
27/03/2019  AmInvest Rep20190327_CSC-Steel-190327.pdf
27/02/2019  AmInvest CSC Steel Holdings - FY18 net profit shrinks by more than half
29/11/2018  AmInvest CSC Steel - 9MFY18 net profit plunges 47% YoY



  9 people like this.
 
janetchiam8 3Q RESULTS WILL BE RELEASED THIS WEEK. LATEST BY THIS FRIDAY 30/11/18
26/11/2018 8:39 PM
calvintaneng Today cscsteel gone against the trend.

While long steel like lionind, annjoo, masteel and even prestar collapsed together

Flat steel king cscsteel is up!

So good
27/11/2018 10:26 PM
ramada The worst over past four years. Anyway, still in green.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5094
28/11/2018 5:15 PM
sell Profit drop 79%. Sell at 9.00 am tomorrow. Below RM 1 coming.
28/11/2018 5:17 PM
didi2005 Watching this stock from RM2.xx falling till become penny stock...
28/11/2018 6:25 PM
sell Won't be surprised if can drop more. You never see CsC Steel 80 sen in your life time? Stay away until next QR is advisable.
28/11/2018 9:00 PM
calvintaneng Don't be stupid

Cscsteel is debt free
It is cash rich
THE rise of proton geely jv and good result of mbmr show good demand for consumer flat steel
With us China trade war Malaysia automotive should benefit
Plus dividend twice bank fd gives solid support

Cscsteel is the best dividend steel stock with upside potential
30/11/2018 12:54 PM
joetay2 Post removed. Why?
30/11/2018 5:05 PM
calvintaneng Cscsteel the very opposite of long steel is doing great

Great future with Proton, perodua, geely, Panasonic exports of TV, fridge, aircond

Great Cash position
Above all is
Great Dividend
12/12/2018 2:22 PM
calvintaneng CSC STEEL GOT PURE NET CASH

See
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/186718.jsp
15/12/2018 4:56 PM
calvintaneng See CSCSTEEL DIVIDEND

27-Apr-2018 27-Jul-2018 DIVIDEND Final Dividend RM 0.05 Dividend Detail
09-Feb-2018 26-Feb-2018 DIVIDEND Interim Dividend RM 0.05 Dividend Detail
22-Feb-2017 28-Jun-2017 DIVIDEND Special Dividend RM 0.04 Dividend Detail
22-Feb-2017 28-Jun-2017 DIVIDEND Final Dividend RM 0.1 Dividend Detail
22-Feb-2016 28-Jun-2016 DIVIDEND Final Dividend 8.0000% Dividend Detail
09-Feb-2015 26-Jun-2015 DIVIDEND Final Dividend 3% Dividend Detail
21-Feb-2014 26-Jun-2014 DIVIDEND Final Dividend 7% Dividend Detail
05-Feb-2013 26-Jun-2013 DIVIDEND Final Dividend 7% Dividend Detail
10-Feb-2012 27-Jun-2012 DIVIDEND Final Dividend 7% Dividend Detail
17-Feb-2011 28-Jun-2011 DIVIDEND Final Dividend 13% Dividend Detail
08-Feb-2010 28-Jun-2010 DIVIDEND Final Dividend 20% Dividend Detail
26-May-2009 26-Jun-2009 DIVIDEND Final Dividend 2% Dividend Detail
07-Aug-2008 27-Aug-2008 DIVIDEND First Interim Dividend RM 0.065 Dividend Detail
12-Jun-2008 26-Jun-2008 DIVIDEND First and Final Dividend RM 0.12 Dividend Detail
23-May-2007 27-Jun-2007 DIVIDEND Final Dividend RM 0.1 Dividend Detail
25-Apr-2006 28-Jun-2006 DIVIDEND First and Final Dividend 5%

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/186915.jsp
18/12/2018 2:04 AM
calvintaneng At Rm1. 00 with 10 sen dividend per year Cscsteel is now giving out 10% Dividend - the champion in dividend among steel stocks in Malaysia!

CSC?

Cash Surging Cash!!!
19/12/2018 8:21 AM
sense maker The dividend may be lower this year.
22/12/2018 11:50 PM
calvintaneng Dividend lower is ok since price also weakens

In any case these are very positives

1. Cscsteel is extremely cash rich
2. An excellent management that reward shareholders
3. Enhanced sale of perodua, proton and other cars by GST removal spur demand for flat steel
4. Weak ringgit made Panasonic exports very competitive worldwide

All signs point to a sustainable industry
23/12/2018 2:18 PM
calvintaneng Merry Christmas to all at CscSteel
25/12/2018 9:02 PM
calvintaneng Good

Proton got strong bookings just like Perodua

https://www.theedgemarkets.com/article/proton-x70-gets-strong-support-200300-bookings-day
27/12/2018 11:09 PM
Nicholasming91 194m cash ?
27/12/2018 11:35 PM
calvintaneng Happy New Year
01/01/2019 10:00 PM
calvintaneng CSCSTEEL = KING OF FLAT STEEL BOOM BY PROTON/PERODUA/GEELY/PANASONIC

https://klse.i3investor.com/servlets/forum/600189233.jsp
08/01/2019 1:58 PM
scotthong CSCSTEL (5094) - Technical & Fundamental Analysis
January 9, 2019 | HONG WEI GIET

Technical Analysis
============
- There is a Inverted Hammer (strong buying force) with high volume on 19.12.18.

- CSCSTEL shares price able to sustain above EMA20 and it is challenging EMA60.

- MACD & RSI are bullish and overbought respectively.

- Resistance level, R2: RM1.120..............

More: https://www.fundamental-technical-analysis.com/
09/01/2019 11:59 PM
commonsense The worrying issue for investors is not on the revenue side. The company has seen increasing revenue even in FY18 with 9m18 revenue grew at 7.4% vs 9m17. Investors are more worried on the reducing profit margin which fell to only 2.3% in 9m18 vs 4.7% in 9m17. The 3Q18 profit was worse at only RM3mil (margin of only 0.8%) vs 3Q17 of RM14mil which was mainly affected by the surge of cheaper import products into the market. It is expected that the trend to continue unless MITI imposed more safeguards measures. Till then investors of the company will need to be prepared for a lower profit results in the coming quarters. If the issue persists and continue till the end of FY19, PAT of the company would only be around RM12-15mil. At the current share price this would translate to a valuation of 26.5x PE.

The company however has a very strong balance sheet with zero debt which means that the company can face any market headwinds better when compared to its other competitors. At the current share price, it is only trading at a low of 0.5x PB.

If you are looking to diversify your portfolio outside of CSC Steel (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. I am projecting a profit to shareholder of RM160 mil for FY19 which at the current price values MBMR at only 6.2x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analyst is around RM3.50.

Good luck.
23/01/2019 11:10 AM
Bursa2019 nenek ... ini csc banyak bagus ka ??


gua mau angkat time mega sales


bikin ibu duit
23/01/2019 11:12 AM
4444 S Steel big loss. How abt Csc Steel?
18/02/2019 6:22 PM
Bursalord LRT3 project back on track, completion in Feb 2024
LRT3
Friday, February 22nd, 2019 at , Economy | News

By ALIFAH ZAINUDDIN / Pic by MUHD AMIN NAHARUL

THE light rail transit line 3 (LRT3) project is back on track with the signing of a novation agreement between Prasarana Malaysia Bhd, MRCB George Kent Sdn Bhd (MRCBGK) and nine work package contractors (WPC) today.

The novation agreement, which is pursuant to the fixed price contract that was signed between Prasarana and MRCBGK on Jan 25, will allow the WPCs to migrate from the previous project delivery partner (PDP) scheme to the fixed price contract scheme.

Under the new arrangement, MRCBGK is now the turnkey contractor while Prasarana takes the role as the project’s employer. The fixed price contract for LRT3 was drawn up in line with instruction by the Ministry of Finance on July 12, 2018, to reduce the project cost to RM16.63 billion.

The signing of the novation agreement was witnessed by Finance Minister Lim Guan Eng, Transport Minister Anthony Loke Siew Fook and Federal Territories Minister Khalid Abd Samad.

Prasarana was represented by its president and group CEO Datuk Mohamed Hazlan Mohamed Hussain, while MRCBGK was represented by its LRT3 project director Patrick Hwang.

The nine other companies signing the agreement are infrastructure WPCs comprise of Mudajaya Corporation Sdn Bhd, WCT Construction Sdn Bhd, Gabungan Strategik Sdn Bhd, APEX Communications Sdn Bhd, Rahimkon Sdn Bhd, Sunway Construction Sdn Bhd, Pembinaan Jaya Zira Sdn Bhd, SN Akmida and Trans Resources Corporation Sdn Bhd.

Connecting Bandar Utama to Johan Setia in Klang, the competition date for the project under the new agreement is set for February 28, 2024.

The length of the new line is maintained at 37.6km, but the number of stations has been reduced from 26 stations to 20 stations. The five stations are listed as future stations. Park and ride facilities were reduced from 6,000 to 2,300 bays and the number of trains were revised from 42 sets of 6-car trains to 22 sets of 3-car trains.

This has allowed the final project cost to be reduced from RM31.65 billion to RM16.63 billion.

Datuk Mohamed Hazlan expressed confidence that Prasarana, MRCBGK and its partners will be able to meet the project’s new deadline.

“With the commitment and the drive of the new government for a better Malaysia, we are very confident that we can meet this deadline. To do this, however, we hope all our partners with the LRT3 project especially MRCBGK and the WPCs would work closely and amicably with us at Prasarana to meet our deliverables,” he said.
23/02/2019 11:12 AM
ramada First time loss-making within this 4 years.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5094
26/02/2019 5:16 PM
abang_misai good sign
26/02/2019 5:17 PM
cksam What happened to that Calvintaneng joker? Talk three talk four as if he knows everything. In the end it shows he knows nuts or zero !!! Even "GURU" Warren Buffet is in trouble.

https://www.moneycontrol.com/news/business/companies/buffetts-firm-reports-25-billion-4q-loss-on-paper-stock-losses-3575991.html
26/02/2019 5:30 PM
smartag Idiot Calvin, cscstel announced bad Q result!!!
26/02/2019 5:36 PM
calvintaneng Hi guys

This quarter they marked down Rm8 millions for depreciation. If not it should be positive

Now read carefully. Cash Position has gone up to Rm192 Millions

Other steel stocks got high debt (Only cscsteel in net cash)

Also a nice 4 sen dividend coming

Okok

I think this year you guys should sell cscsteel & switch quickly to Oil & Gas

Buy these while cheap

1)NAIM was 50 sen (Calvin Chun Chun call)

Now 90 sen & might shoot up the roof tomorrow due to fantastic result
So don't be itchy to chase high
Let Naim cool down first then slowly buy

2) AZRB (7078)
This one very good & still cheap. Buy some at 45 sen if can get

3) Pantech
Today weakened to 56 sen. Can buy & keep

4) Dialog
Can buy and keep longer term. Kwap selling is opportunity for buying

One more
Penergy
Buy Penergy on weakness

Happy investing
26/02/2019 6:29 PM
joetay7 Post removed. Why?
26/02/2019 7:06 PM
10bagger10 Calvin sifu, how about favco?
26/02/2019 7:10 PM
joetay7 Post removed. Why?
26/02/2019 7:12 PM
calvintaneng Posted by 10bagger10 > Feb 26, 2019 07:10 PM | Report Abuse

Calvin sifu, how about favco?

Long time no see

favco ok

Indirect beneficiary of O&G

Should do ok

I think the meat is in OGSE first

Then Land & Material support like Azrb & pantech

But all O&G related stocks should do well

Only those directly related to Petronas Homeground in Peninsula & Sabah/Sarawak

World player like armada or scomies or those over indebted might not make it

These are the Ok ones

carimin, dayang, naim, azrb, pantech & penergy
26/02/2019 7:18 PM
10bagger10 Tq so much sifu, really learn a lot from u!
26/02/2019 7:21 PM
simon Mr Calvin, how about annjoo steel ? sell & go into OGSE stock?
26/02/2019 10:18 PM
4444 Bursa run by crooks true? First loss in 4 years why abv RM 1 or not 4 year lowest price?
27/02/2019 10:13 AM
calvintaneng Simon

You you want faster bull up then switching annjoo to penergy ok
27/02/2019 2:21 PM
simon TQVM, Mr Calvin
27/02/2019 3:02 PM
apple4ver https://www.theedgemarkets.com/article/govt-slaps-16-antidumping-duties-flatrolled-steel-products-china-vietnam
11/03/2019 9:54 AM
Casa No more dividen for this year ?
11/03/2019 3:59 PM
Goinvest88 4 cents
12/03/2019 10:31 PM
factorrumour why still got people buying steel stocks if the sector is really bad?
26/03/2019 4:02 PM
smartag Avoid cscstel, price will slowly down below RM1.00.
27/03/2019 5:37 PM
smartag Towards 0.80
27/03/2019 5:38 PM
factorrumour will it reach 0.50?
29/03/2019 6:18 PM
factorrumour MITI initiates anti-dumping probe into CRC imports from China, 3 other countries
https://www.theedgemarkets.com/article/miti-initiates-antidumping-probe-crc-imports-china-3-other-countries

KUALA LUMPUR (March 29): Cold rolled coils of iron or non-alloy steel (CRC) have become a contentious matter again, as the government announced today that it is initiating an anti-dumping investigation into imports of CRCs measuring more than 1300m in width from China, Japan, South Korea and Vietnam.
29/03/2019 8:16 PM
ZhugeNemo time to revisit
04/04/2019 4:05 PM
ZhugeNemo Looking good
08/04/2019 9:07 PM
Cockroach Paul Lee What happen to EU n US tariffs, will affect CSC STEEL price?
10/04/2019 6:56 PM
ZhugeNemo if can break 1.160 will be good
24/04/2019 9:08 PM


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