Highlights
KLSE: CSCSTEL (5094)       CSC STEEL HOLDINGS BHD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.18   +0.01 (0.85%)  1.17 - 1.18  102,000
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Overview

Market Cap: 434 Million
NOSH: 368 Million
Avg Volume (4 weeks):80,647
4 Weeks Range:1.08 - 1.20
4 Weeks Price Volatility (%):
83.33%
52 Weeks Range:0.975 - 1.63
52 Weeks Price Volatility (%):
31.30%
Average Price Target: 1.09
Price Target Upside/Downside: -0.09
Stamp duty exempted for year 2019

Financial Highlight

Latest Quarter | Ann. Date 30-Sep-2018 [#3]  |  28-Nov-2018
Next QR | Est. Ann. Date: 31-Dec-2018  |  12-Feb-2019
T4Q P/E | EY: 11.19  |  8.94%
T4Q DY | Payout %: 8.24%  |  95.20%
T4Q NAPS | P/NAPS: 2.1186  |  0.56
T4Q NP Margin | ROE: 2.78%  |  4.82%

Headlines

Date Subject
29-Nov-2018 CSC Steel - 9MFY18 net profit plunges 47% YoY
07-Nov-2018 Mplus Market Pulse - 7 Nov 2018
01-Oct-2018 Stocks on Radar - CSC Steel Holdings
20-Aug-2018 CSC Steel Holdings - 1HFY18 Net Profit Falls 32% YoY
01-Jun-2018 CSC Steel Holdings - 1QFY18 net profit declined 36% YoY
01-Jun-2018 CSC Steel Holdings - 1QFY18 Net Profit Declined 36% YoY
13-Apr-2018 中钢大马 股价跌反应过度
09-Apr-2018 CSC Steel Holdings - Poised for recovery in FY19
28-Feb-2018 Business Sense is More Important Than FA and TA - Koon Yew Yin

Business Background

CSC Steel Holdings Bhd is an investment holding company which is engaged in the provision of management services to its subsidiaries. Its business segments include Cold rolled and coated steel products, Investment holding and Others. The company is engaged in manufacturing and marketing of steel products, production of bio-coal and investment holding in real property. Its products include hot rolled pickled and oiled steel, cold rolled steel, hot-dipped galvanized steel and pre-painted galvanized steel. The company's product brands include Realzinc, Realzinc Enhance, and Realcolor. Most of its revenue comes from Malaysia.
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  9 people like this.
 
calvintaneng SALE OF LONG STEEL STOCK HAS DRAGGED DOWN FLAT STEEL LIKE CSCSTEEL

1) SALE OF CARS WILL BE GOOD FOR CSCSTEEL COLD ROIL STEEL

2) CSCSTEEL IS CASH RICH

3) DIVIDEND NOW AT 8.8%. THIS IS NOW MORE THAN TWICE THAT OF BANK FD

WHILE OTHERS ARE GOING FOR CASH CALL CSCSTEEL WILL EVEN INCREASE ITS DIVIDEND
12/09/2018 23:12
Jasper Coo Time to collect profit, hehehe thanksss
13/09/2018 11:44
Jasper Coo Good potential stock, bought it !!!
13/09/2018 11:45
smartag Profit plunged, dividends will follow, share price up???
17/09/2018 17:06
Gn021 http://www.klsescreener.com/v2/news/view/431476/dhu-gearing-up-to-meet-brisk-demand-for-auto-manpower
18/09/2018 03:30
Lim Tek Wai Thanks for the profit, earned huge profit to buy stuff hehe
19/09/2018 14:01
Gn021 (吉隆坡18日讯)销售与服务税(SST)开跑后,归功于豁免产品和生活习惯改变,分析员认为,本地有数个领域能够在新税制中受惠,包括售卖本地组装(CKD)车的汽车领域、食品制造领域,及部分零售业者。

肯纳格投行研究分析员指出,汽车制造商的本地组装车获税务豁免,因此能够降价,进而使得需求恢复。

该分析员说,受惠业者包括柏马汽车(BAUTO,5248,主板贸服股)、多元重工(DRBHCOM,1619,主板工业产品股)、MBM资源(MBMR,5983,主板贸服股)、森那美(SIME,4197,主板贸易服股)、陈唱摩多(TCHONG,4405,主板消费产品股)和合顺(UMW,4588,主板消费产品股)。
23/09/2018 23:49
Gn021 http://www.klsescreener.com/v2/news/view/434780/%E5%90%89%E5%88%A9%E8%AE%B8%E5%8F%AF3%E6%AC%BE%E8%BD%A6%E5%B0%86%E6%8C%82%E5%AE%9D%E8%85%BE%E6%A0%87
26/09/2018 03:35
Gn021 吉利汽车以人民币13.44亿向母公司授予知识产权,三款新车将挂宝腾标,这也意味着博越、缤越以及全新MPV车型未来将在宝腾工厂进行生产。

根据许可协议,吉利汽车将授予吉利控股集团之知识产权与许可车型包括博越、缤越以及吉利一款MPV。

吉利汽车今日发布公告称,与母公司吉利控股签署协议,将向吉利控股授予知识产权及前景知识产权,未来将授予宝腾集团,用于产品的设计、开发、生产、销售、推广及分销。
26/09/2018 03:35
Gn021 Proton good, cscsteel good
28/09/2018 03:37
Gn021 http://www.klsescreener.com/v2/news/view/436964/%E9%95%80%E9%94%8C%E9%92%A2%E5%8D%B7%E8%B5%9A%E5%B9%85%E9%AB%98-csc%E9%92%A2%E9%93%81%E9%92%B1%E6%99%AF%E5%8F%AF%E6%9C%9F
30/09/2018 02:04
calvintaneng BOOM TIME FOR FLAT STEEL

https://www.nst.com.my/business/2018/10/419947/proton-invests-rm12b-expand-tanjung-malim-plant
10/10/2018 23:12
joetay2 bringing it up for bodoh coward calvintaneng to prove that he is not only a bodoh coward but also a liar.
15/10/2018 08:48
KLCI King Speechless, what a stupid reference.

calvintaneng BOOM TIME FOR FLAT STEEL
https://www.nst.com.my/business/2018/10/419947/proton-invests-rm12b-ex...
10/10/2018 23:12
17/10/2018 12:09
KLCI King Typical Calvin method, everything has to wait 3-5 years, by the time all already forgotten what Calvin has recommended or said.

If do very bad then, Calvin will keep quiet.

If do good, haha, no worry, Calvin will always can dig out this grandmother's story to show you.
17/10/2018 12:11
KLCI King Look at the price chart, I really don't know what you are talking about, where got profit to make?

Lim Tek Wai Thanks for the profit, earned huge profit to buy stuff hehe
19/09/2018 14:01
17/10/2018 12:12
joetay2 Post removed. Why?
18/10/2018 10:20
02/11/2018 17:06
roticanai_1818 http://www.theedgemarkets.com/article/malaysia-imposes-antidumping-duties-galvanised-iron-imports-china-and-vietnam

Great news?
09/11/2018 00:28
calvintaneng csc steel like ECS ict is another GREAT DIVIDEND STOCK!
09/11/2018 12:10
apolloang give more down more until 1 day post losses and cannot give div anymore,same like many last time nylex,ancom msniaga and many more
09/11/2018 12:13
calvintaneng TOP BULLISH FACTORS FOR CSCSTEEL

1) PURE CASH SURPLUS COM
2) CONSISTENT GOOD DIVIDENDS
3) DR M PENCHANT FOR CARS AND MORE CARS GOOD FOR COLD ROIL STEEL
4) US CHINA TRADE WAR BENEFITS MALAYSIA AUTOMOTIVE

CSCSTEEL WILL BE IN ANALYST RADAR SOON
09/11/2018 12:18
kevin008 http://www.theedgemarkets.com/article/trade-ministry-initiates-administrative-review-antidumping-duties-crc-imports
09/11/2018 19:55
calvintaneng Excel!!!!!!
14/11/2018 11:51
scotthong https://hongweigiet222.wixsite.com/website

CSCSTEL - Technical Analysis & Fundamental Analysis

Please support
25/11/2018 01:42
janetchiam8 Doing some basic fundamentals checking and drawing my very own assumptions and personal conclusions based on CSSteel's financials :-

MANY POSITIVE CATALYSTS INCLUDING :

CASH RICH COMPANY WITH ZERO DEBT/GEARING

CONSISTENT HIGH DIVIDENDS (7 SEN TO 14 SEN YEARLY) / HIGH DIVIDEND STOCK (NOW ONE OF THE HIGHEST DIVIDEND YIELD STOCK)
2017 STARTED TO PAY INTERIM DIVIDENDS (IN RESPONSE TO SUGGESTIONS BY MINORITY SHAREHOLDERS)
POSSIBLE FOR AN INTERIM DIVIDEND TO BE DECLARED WHEN IT RELEASE ITS 3Q RESULTS (FOR FY2018) NEXT WEEK

COURT APPROVAL OBTAINED FOR THE CAPITAL REPAYMENT OF RM139M BY ITS WHOLLY OWNED SUBSIDIARY(DORMANT) TO HOLDING CO. (CS STEEL)
WITH THE ABOVE CASH INFUSION RM139M, CS STEEL’S CASH HOLDING WILL BE OVERFLOWING WITH CASH (present cash holdings 194m + 139m = total cash hoard RM333M)
WE COULD LIKELY GET A CAPITAL REPAYMENT OR A SPECIAL DIVIDEND IN ADDITION TO AN INTERIM D

LARGE RETAINED EARNINGS OF RM399M

CS STEEL IS THE DOMINANT PURE FLAT STEEL MANUFACTURER AND ITS PRODUCTS ARE USED BY MANUFACTURERS OF MOTOR VEHICLES, FRIDGES, WASHING MACHINES, AND ALL CONSUMER PRODUCTS . AS OUR AUTO PRODUCTION HAD INCREASED DURING THE PAST FEW MONTHS RIDING ON BIGGER DEMAND FOR MOTOR VEHICLES (SPURRED ON BY THE 3 MONTH GST CANCELLATION) AND THE RAMPING UP PRODUCTION BY GEELY-PROTON AND WITH MORE INVESTMENTS POURING INTO OUR AUTO SECTOR, PROSPECTS ARE BRIGHT FOR FLAT STEEL PRODUCERS LIKE CS STEEL

Proton invests RM1.2b to expand Tanjung Malim planterak estment Corridor Development chairman by ZUNNUR AL SHAFIQ
By Lizam Ridzuan - October 10, 2018 @ 10:36pm
TANJUNG MALIM, Perak: National automaker Proton Holdings Bhd is investing a further RM1.2 billion here for the expansion of its existing plant to produce new car models.
Proton chairman Datuk Seri Syed Faisal Albar said the expansion is in line with the strategic partnership between Proton and Chinese multinational automotive manufacturing company Geely sealed in 2017.
He said Proton has committed to increase sales and export of cars and this factory in Tanjung Malim will also be the global production hub for Geely's right-hand drive models

(JUST SHARING)
26/11/2018 18:48
janetchiam8 CS STEEL BEING A PURE FLAT STEEL MAKER IS IN THE RIGHT SUB-SECTOR OF THE STEEL INDUSTRY. SELLS ITS FLAT STEEL PRODUCTS TO MANUFACTURERS OF MOTOR VEHICLES (THE EXPANDING AUTO SECTOR BEING ITS LARGEST BUYER), AND OTHER CONSUMER PRODUCTS LIKE FRIDGES, WASHING MACHINES, FANS, OVENS, KITCHEN GAS STOVES, STEEL/ALUMINIUM POTS & PANS AND MANY ELECTRICAL / ELECTRONIC PRODUCTS.

WITH MEGA STEEL OPERATIONS DORMANT, CS STEEL IS THE BIGGEST N LEADING MANUFACTURER / VENDOR OF SUCH FLAT STEEL PRODUCTS
26/11/2018 19:59
janetchiam8 3Q RESULTS WILL BE RELEASED THIS WEEK. LATEST BY THIS FRIDAY 30/11/18
26/11/2018 20:39
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 22:26
ramada The worst over past four years. Anyway, still in green.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5094
28/11/2018 17:15
sell Profit drop 79%. Sell at 9.00 am tomorrow. Below RM 1 coming.
28/11/2018 17:17
didi2005 Watching this stock from RM2.xx falling till become penny stock...
28/11/2018 18:25
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 21:00
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
joetay2 Post removed. Why?
30/11/2018 17:05
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 14:22
calvintaneng CSC STEEL GOT PURE NET CASH

See
https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/186718.jsp
15/12/2018 16:56
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 02:04
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 08:21
sense maker The dividend may be lower this year.
22/12/2018 23:50
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 14:18
calvintaneng Merry Christmas to all at CscSteel
25/12/2018 21:02
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 23:09
Nicholasming91 194m cash ?
27/12/2018 23:35
calvintaneng Happy New Year
01/01/2019 22:00
calvintaneng CSCSTEEL = KING OF FLAT STEEL BOOM BY PROTON/PERODUA/GEELY/PANASONIC

https://klse.i3investor.com/servlets/forum/600189233.jsp
08/01/2019 13:58
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 23:59
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
Bursa2019 nenek ... ini csc banyak bagus ka ??


gua mau angkat time mega sales


bikin ibu duit
23/01/2019 11:12
4444 S Steel big loss. How abt Csc Steel?
18/02/2019 18:22


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