Anyhow if the share price of steel counters do drop, I am sure some of us will take advantage of them

MonkeyBusiness, if you are really sincere, why don't you try to warn those buying FGV, DRBHCOM, and POS... At least most steel counters are backed by the latest quarterly reports. I can not say the same thing about FGV, DRBHCOM, and POS.

today should end well. Not going to monitor it any more...

what a battle at RM1.05 just now... big lots were cleared

wow, even SSteel which has problem with right-off is about 10 sen away from its 3-year high... good to see that!

Some steel counters have reach 3-year high but Masteel not yet. Not only that their share prices are above their 3-year high by a big margin. Masteel's highest for the last 3 years is around RM1.15. Hopefully soon will be Masteel's turn to exceed its 3-year high and beyond.

If we look at domestic rebar price alone, it is very possible for rebar companies to report better year-on-year results for 2016Q3, 2016Q4, and 2017Q1. Tax on imported steel bars should help as well.

But there is another thing that we have to consider. If the domestic demand does pick up as expected due to mega projects especially next year, we will also see better future earnings.

Competition from China? Well, the recently announced tax on imported steel bars should take care of it.

Should be good if you are willing to wait for a few quarters.

Good result, right? Its earnings have been improved year-over-year for at least the last 4 quarters, and maybe more.

yes the share price is down after quarterly report but this happens to other stocks that announce good earning. It does not mean the result is bad. Its share price already up for weeks before the quarterly report so this thing happens. If nothing wrong, its share price will recover.

Anyhow if it drops further, that's good for others who are waiting for cheaper price.

Now I know the reason the share prices of Annjoo, Masteel and SSteel moved in Friday afternoon. The big buyers knew about the good news and bought the shares like crazy...

recently its price did not drop a lot when market was weak and showing higher low ...

RCECap has good quarterly earning and its share price is still undervalued.

Big buying queue at Masteel suddenly disappears

observing Cscstel...

free falling at Choobee...

If Masteel can close above 80 sen, it will be very good. Some steel counters have reach multi-year high but Masteel not yet. It's over RM1.1++ last time

Annjoo and Cscstel are making fresh multi-year high. If a stock like Mycron is at multi-year high, I suppose Masteel will get there eventually. It also shows how undervalued Masteel is. Masteel's highest for the last 3 years is around RM1.15

Steel counters have been attracting healthy volume after quarter reports. You can check out Annjoo, Cscstel, Eonmetall, Masteel and others

suddenly big buyers queuing at MASTEEL

hmm... suddenly big buyers queuing at Emetall

Noticed big buyers of Airasia, let's see if it continue after the break...

bomoh team at work...

For the first time on Bursa Malaysia, Macquarie is listing a total of 4 warrants over Standard & Poor’s 500 Index (S&P 500). This iconic index tracks the largest 500 companies listed on the New York stock and Nasdaq stock exchanges.

Code Name Expiry Exercise Price
0656C1 SP500-C1 20 Jan 17 2,125.00
0656C2 SP500-C2 20 Jan 17 2,050.00
0656H1 SP500-H1 20 Jan 17 1,925.00
0656H2 SP500-H2 20 Jan 17 2,000.00

Airasia looks more active today

Also in GentingC25. C32 looks good too. Will up 1 bid when Genting up every 4 sen.

half year window dressing in the next few days?

region, good to see you again! Good health to you mother!

Soros says Brexit would make speculators rich, voters poor

look at HSI put warrants . Wow!

roller coaster ride. Now Brexit is ahead. The markets are volatile as expected.

but the poll is too close to call...

yup, sell high and buy low later

HSI Future drops 1.8%

currently Oil drops 3%, S&P Future drops 1.7%, Gold up 1.5%

those behind Comcorp are real ruthless

the vote for Brexit is too close to call. I am not going to keep any shares today and on Thursday

overall low volume day

tough to say at the moment. US is unlikely to increase interest rate but there is fear about Brexit. If the market sentiment does not improve, sell high and buy low.

Maybank getting lower...

like other stocks, affected by overall market sentiment. Buying power was weaker than selling pressure. High volume the last 6 days so under some selling pressure. Some may have anticipated a lower market and thus sell now and buy back later.

Airasia is in green, possibly because oil price drops further...

rchi, the FED may not raise interest in the next meeting. Do you think it will reverse the downtrend of our CI? Pretty much the only good news we will have

I do not think I need to spend time here any more. Looks steady now. Good luck everyone!

does not look like 90 sen is a big resistance. To me, today's performance is good enough!

no need to up so much in a day... little by little enough to keep the uptrend going

those quietly supported this counter this morning is now rewarded...

hmm... suddenly big buyers queuing at Emetall

news article did mention that market was likely to be sideway before June 14 and 15th awaiting US interest rate decision

stock with fundamental do not need to worry about UMA

hopefully it will move up little by little so that the uptrend can continue

exceptional quarterly result last quarter. 2015 EPS was 3.66 sen for the entire year. 2016Q1 alone was 6.77 sen but this result might not be beaten next year. However, the management sounds optimistic that I believe there is a good chance that the next few quarterly results will improve from last year, y-o-y.

Kitty28, you are right! Where is region???