Ppl who didn’t know what and why they bought this counter is transferring their shares to ppl who see opportunity. This is what happened and is still happening...

So what drove up China/international steel price? Is it not demand and supply?

Down to RM 2.10.
The sky is the darkest right before dawn.

Today price is down again. I find this interesting. Sit for a week then I’ll see again.

Nice to see familiar names like Mr Pauper and Albukhary. It’s a superb QR, although I question the low taxation (tax credit from the past?) and the sustainability of the RM 900m revenue. Let’s ponder that another day. Today I’ll go home early from work and chill a little. Lately the market has stressed me out quite a bit.

http://www.mindcontagion.org/banking/hb1815.html
It’s always been a dog eat dog world in open market.

Isn’t RM 2.50 a bit too low?

If don’t bend, how to jump? This is the bending. In other words, a very good entry point.

Thank you Edward for the daily price update. Very fortunate to have you around. I’ve been quite inactive lately. Wish you all good health.

世间险恶，市场吃人不吐骨。我还在笨笨的握着...

“大钱不存在于股票的日常小波动，大钱只存在大势之内。”很同意这句。

Edward. I could not find any email address under your account. Sorry that I have to post publicly here. Is your wife alright? Please let me know if you need any sort of help. I will pray for you and your wife.

My other counters are doing terribly. Tempted to move all capital to steel counters but That would Mean putting all eggs in one basket. The supporting factor is that this is the only place I am confident about with its Q3 results...

Shitty results. =\

Good morning everyone. A very quiet Monday here.

Looking at those sell queues. I really understand the meaning of panic. One quarter of poor result no need to throw at RM 5+ ba.... >_<

Btw, I'm neutral.

When I first learned Aikido, my sensei taught us to avoid all unnecessary fights. He taught us that it is for self-defence and he would always run from a fight if he can (although he is sibeh geng). When he started to teach us, we are thrown around so that we can learn how to land and roll correctly.

It is also the same in stock market and many things else. I'm very glad when I first started investing I lost a big chunk in mycron last year. It taught me a lot. I'm also very pleased with myself to have stayed put with ssteel during the previous dive below RM 1.20. I gained a nothing financially, but in terms of 心态, I felt that I've grown a lot.

And it is also this forum, that I met these selfless ppl who openly shares their studies and findings. Again, 感染到我的是他们高尚的情节和广阔的心胸. Earning money became secondary.

I hope you guys who always talk nonsense to take some time to reflect. There's so much you can do with your life. Please do something meaningful.

For my brothers who are sitting this one out.
他强由他强，清风拂山冈。他横任他横，明月照大江。

OOMMGG, cheers.

RM 1.16 都陪你熬过了，这算是什么？
而且那时入口税还有不定因素，这次只是需要等笨蛋给洗盘而已。

Good morning Edward123. Thanks for the confidence boost.

Place count the volume. All Ilan bills. Let's all hold on to our stock.

请问私有化需要多少%？如果我紧捉不放，最后会是个什么状况？

对的。大家那么铁定今天会跌，其实我真的拿捏不到。大家都知道，最近炒起来都是针对Q3，Q2真的只要是绿色就好。但没想到南钢真的去那么尽...真的势必把Q3弄个一鸣惊人。

再说，炒起来是看谁的资本雄厚，是不讲道理的……

The big boys bought so much to bring it up from 1.7 to 2.1. What will happen today?
猜不透今天葫芦里会卖些什么药.

Ks5S. I see. Thanks for your explanation.

Does the share price of two companies need to be aligned (in the same vicinity) before a merger can take place? I've not heard of this concept before. Interesting. Mind explaining further?

VenFx, why leh? Can spread out the cross spill-over efffect so that both Annjoo and Ssteel can prolong the uptrend? Or so that you have more time to accumulate?

Oh 认错Edward了。So will the AR be announced tonight?

Btw thanks again Edward123

Can we expect the same for ssteel? 5-6 cents followed by a fierce pull up headed for PE 9?

Wow Edward. Thanks for the info. Will be waiting for the report later.

Home alone here talking to myself. Everyone went partying at annjoo forum. XD

Should have taken small stake in Annjoo too earlier.

Annjoo is pulling up steep and fast.

Good morning everyone.

I thought Friday it would soften by a couple cents. It actually went up by 4 cents. I can only say, really 今时不同往日。

Good morning all. 没有最高，只有更高。

I like our problem. Our problem is projecting how high and far it will go and whose estimation will be more accurate.

Can't believe there's a guy who is doing a risk vs reward comparison. No offense. XD

MrPauper, 'only' RM 2.50- 2.80. Haha. XD
I also think this range is more likely (maybe almost guaranteed with the current price trend), with some hope that it can cross the RM 3.00 hurdle.

And, thanks for the advice earlier to grab more just before it went even higher.

VenFx. I really like your projection. Haha.
If Q2 EPS is 5 cents, Q3 EPS is 15-20 cents, then adding these on top of the 16.2 cents EPS in the past 2 quarters would give 36-41 cents. With continued uptrend in steel price suggesting an even better Q4, this is achievable. It's about time these steel counters break PE 7-8.

Let's cross our fingers.

Good morning all. Thank you Edward for continuing to share the daily prices relentlessly.

Again, you guys keep measuring a man's worth by the brain. I applaud these men for the size of their hearts.

Haha. XD

大哥们，早安。

今天怎么看？

RM1.6X 的价位应该已经是一去不复返。现在等着AR后抛离RM1.7X甚至是RM1.8X价位。我的TA不是一般的差，所以买够了就只是以逸待劳，等着坐享其成。

现在有买的，都是赢家。RM3-5时，就算是RM1.8X建仓的也都开翻了。

Just want to say, Leo and Edward never mentioned or proclaimed themselves as sifu's. They earned my respect because of their characters and their willingness to share, and this has nothing to do with the share price.

Of course, Mr Pauper and Albukhary also taught me a lot. Thanks again to you all.

那么多口号，为什么要用卖华的...

Yeap...when I explained to my wife, my buddies why I chose ssteel over other counters I always mention that there're these selfless sifu's sharing and teaching...

This is honestly something you can't easily find at other counters.

I'm crying now because I'm out of funds to buy more...

大哥们，早安啊。

Bro Edward, thank you. =]