excited... leave 1 comment to parking here.

yes. got price no market.. but 1quarter earn 3 enuf for 3 year.

time to collect more

woah, you keep on updating the steel price. Pls continue to update us

Shagang Group, China’s largest rebar producer headquartered in East China’s Jiangsu province, hiked its list prices of long steel products by Yuan 600/tonne ($93.6/t) for domestic sales over May 11-20, and the increment applies to rebar, wire rod and bar-in-coil, according to its latest pricing policy released on May 11

those ppl who talk copper totally out of scope.

our govt got no money to shut down the factory. what they can do is to build up all the roadblocks that discourage ppl to work.

go and find the answer with China Carbon neutralize and whats the plan by 2025, 2030, 2060

@joyd12345 - dunno whats happening in market. go learn more and come back again when hiaptek rm0.8

https://ec.ltn.com.tw/article/breakingnews/3526893

https://ec.ltn.com.tw/article/breakingnews/3526893

China ferrous prices in a frenzy, rebar jumps $79/t

只争第一， 点滴做起

https://www.easternsteel.com.my/index.html

tp0.8 cannot run.

TP 5... those who sold below 2.6 took their profits... goodbye.

Hiap Teck Venture Berhad
Fair Value: MYR0.85-1.05
Price: MYR0.635
Leveraged To The Steel Sector’s Upcycle

US steel corp up 7% ,
Cleverland 11%

masteel venture into stainless steel ready by Q3

RM0.8 at least.

CSC Steel Taiwan share cap increased from 400B to 600B within one month.

High steel price era - starting 2021 from CSC Steel Taiwan Mgmt
高刚价时代来了
https://www.youtube.com/watch?v=9WfRLq01xcQ

High steel price era - starting 2021 from CSC Steel Taiwan Mgmt
高刚价时代来了
https://www.youtube.com/watch?v=9WfRLq01xcQ

csc steel tw

Q1 2020 loss 2.5b
Q1 2021 profit 13b

good luck

csc steel tw

Q1 2020 loss 2.5b
Q1 2021 profit 13b

good luck

csc steel tw

Q1 2020 loss 2.5b
Q1 2021 profit 13b

good luck

3月16日 9时58分，东钢常务副总经理王升华及副总经理李大鹏亲手点燃3#焦炉LPG烘炉，3#焦炉正式进入烘炉阶段。

东钢焦电项目始建于2020年11月，3#焦炉系统历时114天全部砌筑安装完成。焦炉砌筑的质量关系到焦炉投产后焦炉生产和炉体寿命，在建设过程中，焦电部始终将工程质量放在第一位。建立严格的质量管理体系，并定期对现场进行质量检查，确保各检查项符合设计要求，砌筑质量符合标准。

3#焦炉烘炉除了标志着东钢焦电项目开始由施工阶段转向生产阶段，更是建龙集团形成海外1000万吨产能布局重要的里程碑之一。未来，焦电部也将全力以赴，争取焦化项目按期高质量投产达效！

只争第一 点滴做起

https://www.easternsteel.com.my/index.html

China rebar price soars $19/t first day post-CNY

China rebar price soars $19/t first day post-CNY

h9e

h9e

PE15 is fair for 30 cents dividend over the life cycle of 25 yrs

agreed with you pjseow... lets polish this gem nice nice

if dividend declare at 30cents/ 50% dividend MFCB should stand at PE12- PE15. RM7-RM9 cannot runnnnn!!!

congratzzzzz.... sky is the limit!!! GOGOGOGOG

congratz to all solid and quality shareholder here.

Dear DK66, please add me into you chat group pls. thank you so much.

@bluelight should be over 200m as projected.

fasten your seatbelt ready for today 2H run.

Oh yes, my dearest shareinvestor88 you're back. I have been seeing you deleting all previous comment you made. How are you?

I will quote your comment next time.

the fair value of RM12.57 is a bit too optimistic already which may not happen in Malaysia market.

There are many valuations available, I have done up some simple calculation ( you're well come to criticise with a good fact to challenge my numbers)

PE - RM 7.5
DCF - RM 7.0
Dividend - RM 9.0 (provided mgmt committed to pay a good dividend)

Don't ask me whether or when MFCB will hit the TP abovementioned. I don't know and have no idea. If everything is on expectation and market is norm/good. I believe that the fair value.

The 5th Turbine story is too far away from now and that is a bonus to us.

Before the completion of 5th Turbine, I truly believe the management will start talking about their new business segment which I believe that this new segment will bring MFCB to another level

Our dearest shareinvestor88 have disappeared from this counter and deleted all his comments :(.

Haha... Sharinvestor88 you're like a JOKER of this counter... I would like to know what sort of consideration you made in deriving a target price of RM2.

Share price inching closer to its full value. Stripping out all other businesses, the Don Sahong Hydropower project is valued at an estimated TP of RM4.95/share, accounting for 87% of our SOP-based target price (refer to Figure 2). We believe upon receiving the first payment (to take about 3 months from now) from the electricity sales, the share price should re-rate closer to our SOP-based target price as it clears lingering uncertainties overpayment issues.

Time to reap gains for warrant holders. The total warrants outstanding are about 40.2m, with an exercise price of RM2.22. As the plant approaches its commercial operation date scheduled on 1st Jan 2020, in-the-money warrant holders should contemplate converting their existing holdings before expiry on 08 April 2020. Based on our estimates, we see a potential DPS of at least 30sen based on 40% payout from the Group’s free cash flow, just reward for all long-term shareholders of the company.

Monetising Serudong Power S/B’s assets. To recap, the 51%-owned subsidiary, Serudong Power S/B, which ran a 36MW diesel-fuelled power plant in Tawau, had ceased operations following the expiry of the concession on 2 Dec 2017. MFCB’s management has agreed to sell the power plant and structures together with all the facilities, equipment, plant and machinery at a total consideration of RM3m. A total provision of RM16.6m was incurred in 2018 to cover all costs associated with the dismantling of the power plant. Upon completion of the asset sale, the entire provision will no longer be necessary and will be reversed into Serudong’s profit and loss position. This will collectively contribute an estimated gain of RM9.6m or EPS of 2.43sen to MFCB’s results based on its 51% shareholdings (RM3m pre-tax gain on disposal + RM16.65m reversal of provision.

@leong1188 I'm agreed with you. MFCB quarter results have very detailed information, it proves that the management is committed and very transparent on the aspect of their businesses. They really did a very good job.

I wish that the completion of this project will bring MFCB to another level and looking forward to MFCB to achieve another big milestone in the near future.

shpg22. Yes. We will be cautious about stock investment.

You can stay away from MFCB if you feel insecure. else post us the facts tell us what problem.

Received a lot of valuable information from PIB. They follow up very closely with the management. The management is doing a good job and very transparent.

I'm excited to see MFCB grow progressively. The target of $5.7 is very reasonable for the time being.

@icwin - there are many senior and experienced experts here. The information doesn't come from google alone... 万事具备... the unpolished gem is time to shine soon :)