https://www.mysteel.net/price-curve.html

May 18 result will explain that ...

Shang Hai rebar steel price is start rebound to RMB 3650.

https://www.mysteel.net/price-curve.html

According to my brother who work in rebar steel factory, they are still in output max and inventory in market is still low . Demand forecast are still strong in next 3-4 months .

Rebar rebound 3650 RMB /tonne

https://www.mysteel.net/price-curve.html

https://www.mysteel.net/article/4004573/DAILY--Chinas-steel-prices-rebound-on-better-sales.html

https://www.mysteel.net/article/4004573/DAILY--Chinas-steel-prices-rebound-on-better-sales.html

Preparing more bullet to buy when other panic sell.

Actually revenue is start in uptrend .

impairment lost is Re-adjustment of equipment n property value in the book. Should be No direct impact on cash flow

Should say under perform vs market expectation .

Proven SSteel is the best rebar stock

Good results- today vol is not really high. Not panic sell yet. Can still collect child lot while waiting shark to push up mother

Market in bearish due to external factor , wait for right Timing for bottom fishing. Ensure you still have bait( cash) on hand.

Good stock , should buy when price is low. Only worry is external factory cause market in bearish.

Macd is going U turn to positive and other technical indicators are showing oversold . But overall market sentiment is still not good. Hopefully can breakout with strong buying signal

Hi guys , I am holding Pmetal in Rhb investment margin account as pledge and financing shares as well. Last Friday my broker trigger me to use cash to pick up all Pmetal financing share and also inform me that Pmetal will be zero cap value when suspended more than 3 days . It mean , my margin account credit limit immediately drop due to above issue . Do other investment bank practice same to Pmetal share as well due to change to newco?

I believe Pmetal trending down is related to MYR getting stronger ( assume it is mild export counter) and Al LME price drop from 1960 to 1867 within 2 weeks .

Fundamental and industry environment are still positive . Should continuos to add when price drop with TA is showing. oversold now .

Currency is still 4.4 above , furniture and board Mfg still able to demonstrate good results such as poh HUAT and mieco

庄家在洗盘。 fundamental remain no change . Still holding while Al LME remains above 1900 . Be patient during price correction .

Macd is going U turn . TA and FA are still remaining ok . Let see how it going to perform in next few days after Horizontal trending

Today harbour is start to wake up ! Latest quarter result should be out by next week

Will TEK Seng will facing similar challenge ? Let see in next 1-2 quarter result

The world top 5 solar company - sunpower and first solar announced going to reduce capacity in 2017 in business forecast. The reason is fit to profitable demand where solar selling price been drop 30% in this year due to US ITC postponed to 2020, post tariff reduction in China and overcapacity in market .

Price : 1.99 vs NTA 2.18, annualised EPS 24 cent and expected div : 12 cent min . If base on DY 5% , the projected value price should be rm2.40 . Overall : this is good result and fundamental for csc steel is still remain very strong .

Base in historical , QR should announce in between this week to next week .

Share price was up too aggressive in last 6months. Believe some investor is taking profit and cause price correction while market /economy is shaking.

Hi guys, can't compare TEK Seng vs Rcecap. This is different industry and TEK Seng is facing challenges where solar industry is facing supply/ demand imbalance and price erosion ion.

Green energy is alway have good prospect in future . But solar industry will need to go through tough period in 2017 and 2018. Market consolidation is happen now . Those can go through will be market leader in future such as Intel in CPU market or western digital and Seagate in hard disk drive . 强者生存！ TEK Seng is still too small in market .

If you look back the share price trend for those major solar manufacturer in the world , you may predict same thing going to happen in Malaysia . First solar : drop from usd 73 to usd 31 . , jinko : from usd 29 to 13, and sunpower: usd 30 to usd 6 . All above yet to rebound and still in dropping trend .

Q4 2015 solar selling price : around usd 0.45 per watt and now drop to bellow usd 0.39 Per watt . The Mfg cost in Asia region are around usd 0.36to 0.39 /watt . How to make profit ?

Material cost and Sales will change according to currency USD

LME 1766, usd 4.22 conversion rate . Pmetal will fly

Macd is trending down. Look like share price will continuos drop . Anyway, fundamental of share is good . PE is below 6 now , low risk to hold .

Most of Nasdag listed solar company q3 announcement will be happen in next 1-2 weeks . Kindly refer to their booking order or business forecast before make decision to hold or sell tekseng . Solar industry business model is very similar to construction and its material supply chain. It is project base concept and each booking order need to take 1-3 quarters to deliver orders . If Q3 revenue is average good doesn't mean next 2 quarter will sustain. The challenges of Solar industry is not only demand drop but there is significant of selling price drop until limited profit margin on hand .

Solar industry in price war where global supply is excess with 20% above than demand. Will be very tough business situation in 2017 due to Chinese Manufacturer are dumping out theirs holding inventory. FYI , average selling price was drop Usd 0.46 /W ( Q1 2016) to below Usd 0.40 (sept 2016) .

In Q3 2016 , Global solar module average selling price been drop from usd 0.45 to below usd 0.40 per watt . If you refer to Nasdaq listed solar company, majority share price been drop around 30% to 40% in last few month . The main reason of price war is supply is more than demand after China Mfg is over expand their capacity . Y2017 will be very tough business situation for solar industry .

Mr00183, may I know what software that using to track banker or fund manager 's fund in. Sound interest to me . Thanks

Unexpected with price drop after good result .

Stalker, steel counter bounced up from 35% to 80% within 1 month, definitely profit taken and price correction will happen to rule out short term investors . This is market psychology .

Yesterday is look like price correction after profit taken . Be patient if share 's fundamental is good

Still have balance to be write off in next few quarters.

SSsteel business is good with output max in existing plant . Challenges here is they need to write off their capex for new plant investment due to technical issue. They need to take another 2 quarter to recover 400M capital write off . Overall fundamental is good

Keep for long term, it is potential stock which is showing positive momentum. !

Moneysifu, what is target price on masteel?

Jack888, your dream come true now

Yes, Al price fall at border around 1605 with strong support 1594.