Thanks @MJ2006. Bullish Malaysia steel price!
@wenlijianqinyun79. Your share price prediction is correct. Now 2.11 at mav20 and mav100

@sklim. personally target price increase from 1.78 to 1.88 before March. Resistance 1.52, 1.60-1.68, 1.88

Agreed. As technical chart shows MACD is below signal, it may rest a while. Hopefully any tariff rerating (not likely due to election year) or good news in January may trigger share price uptrend to challenge KLCI 1800

Profit taking is well absorbed. Hope banking counters may lead KLCI up and steel counters may follow suit

now is time buy on dip

Tomorrow Tenaga ex with 44 sen dividend, million dollar question: which counters are going to support KLCI index? banks? Tenaga itself?

Any news from AGM today?

SSteel chart pattern similar to Lionind, playing catch up. Masteel and annjoo chart pattern better as MACD was in positive zone thus move early

Technically SSteel MACD cross signal today, tomorrow may challenge mav50 at 2.20. Once crossing mav50 with huge volume and convincingly, MACD may also cross to positive zone and trigger buy signal within this few days.....target 2.70, hopefully in January, purely technical.....

Higher profit= Increased sales price X increased sales volume X reduced raw material/cost price

Lately local newspaper published good news on steel sectors, we should see some negetive news for consideration.

Stee price seems to be volatile in China. Has the negetive news price in into malaysia steel price?
If price in, then we can buy on dip..

https://tradingeconomics.com/commodity/steel
Steel decreased 567 Yuan/MT or 11.88% to 4,205 on Friday December 15 from 4,772 in the previous trading session.

https://m.economictimes.com/default_pwa.cms?article=62082602&utm_expid=.0_OyxuZnTFSZGUuoEBqhFQ.1&utm_referrer=https://m.economictimes.com/topic/China-steel
Good times gone: Slower business awaits Chinese steel mills in 2018

CIMB trading idea today (no warranty) is Maybank (9.77-9.85) & CIMB (rise from 6.37), worth as reference.
http://www.enanyang.my/news/20171215/热门股马银行上挑rm9-73/

Today cheapest call warrant is C31 with premium 1.84% followed by C34 2.64%.
Would this as follows be hint for Maybank share price continue to appreciate for 2nd day? If It is, my expectation for Maybank to consolidate at 9.45-9.50 may be wrong. Will see......
http://www.theedgemarkets.com/article/maybank-launches-pilot-project-cashless-payments.
Any sifu please advise. Thank in advance

FBKLCI should reach 1820-1830 by February, after CNY, Correction may kick in

Ssteel operator give us chance to collect more, should thank him. We can take profit on other steel counter and buy ssteel

Target for Maybank is to push FBMKLCI to test 1755 and stay on this level for few days. Therefore may see Maybank hit 9.50 and settle down at 9.45 for a few days. First liner move since Tuesday. Small cap may move next Tuesday. just guessing.

Can C34 reach 20.5 sen today? will see

Maybank price reached first target MAV200 @9.35, next will be MAV100 @9.45-9.48

TNB need a rest, as to challenge 1800 TNB is a very important component

I think it is the banks turn to support the KLCI index after this. Maybank, CIMB, Public bank, HLB, AMMB.... Pubb

Would this be catalyst for Maybank MACD to cross to positive zone? Let's see.
http://www.theedgemarkets.com/article/maybank-buys-two-pnb-fund-management-firms-rm51m?type=malaysia

TNB share price increase a lot recently may indicate electricity price rerating on the way. Potential electricity rerating and slow property sector are 2 possible reasons to sell down, fundamentally that I can think of. Hope other favorable factors strong enough to counter the unfavorable factors

Why sudden surge of share price last minute to mav 50 days @9.38!? Hopefully can stay above mav 200 days @9.32........Any good news? Loan growth 3% is not good news right?

Is natural gas price increase affect the steel industry significantly? Unexpected sell down to wash away week holders for a new start?

thanks. shortinvestor77

Interesting tenaga share price. 15.60->15.46 in last few minutes. Call warrants effect?

Isn't that C34 cheeper than C31? C34 conversion price 9.25 almost reached

Anyone can help to comment below, within or above consensus and expectation?

Anyone know when is QR out? this afternoon or tonight?

hng33 you are right, today change trend

Unexpected. with 2 warrants going to be due tomorrow, share price still can appreciated, must be foreign fund buying into TNB

Foreign fund slowly buy in d, that is why TNB price appreciating

Sellers bullet seems finish. With today price action, MRCB should hook up to cross signal into positive region. Early of price appreciation to PE 10 2.90 in near future. all the best

May be operator want to reward long term investors only, turn it into 3 days relly. Hold ya

Wah. Cheap sales again, big fund press down the price? 2.21+EPS12.4=2.33 now?

can anyone good at accounting share how much is core EPS out of 12.42c?

With my low expectation, 12.42c is above expectation. Tomorrow see you all atPE 10 2.90

accepting if really 4.8c, QoQ positive, YoY positive

Wah, these answers are not professional and friendly to investors

oh. AGM in the afternoon

Anyone attending AGM can brief us? Thanks in advance

Buy more at dip. if lionind retest 1.38 and rebound, technically the rebound will be stronger. PE 7 undervalued

Tomorrow or next Tuesday may test 1700-1660 before rebound. Chinese say: 置之死地而后生。 Foreign fund start buying slowly.

QR should be good. Hints (1) price depressed one day before QR released. Expectation is not as high as lionind and Annjoo, thus room for price to be appreciated. (2) previous quarter QR is not good due to accounting method, delayed "previous quarter" profit should be showed in this quarter.
Anyone agree?

aa price down....promotion...when will QR be released? Tonight?
datuk73, when is right price to buy in?

Good analysis, agreed with reason 2. As Ringgit appreciated to 4.10 from 4.50 and higher KLCL from 1690 , foreign fund will take profit and exit before investment account close in Dec 2017. To prevent too much profit than reasonable profit to be taken out of country. Local fund managers need to follow the pace.  Bottom is near.

" TO BE FEARFUL WHEN OTHERS ARE GREEDILY BUYING AND TO BUY WHEN OTHERS ARE FEARFULLY/FRUSTRATEDLY SELLING IF YOU SEE VALUE IN IT!! CHEERS

Good! Old man always give chance to others. May be balance can be sold at 1.78 ya. Congratulations for your conta gain

Technical rebound confirmed. not much selliers this morning

Last chance to collect cheap before results this morning. TNB may push up index for feel good effect

Today morning may be last chance to run for warrant holders. Wish you good luck!