This is why the probability of people winning in the stock market is around 1:10 ratio.

I say.. if you have no guts to hold, then don't even think about ENTERING. Stock market is NOT for everyone.

Prestar is still the one that i say, put your money in and let it grow..

fundamentals hasn't changed but the fear factor in a human mind has ;)

There's too many smart ppl in the mkt. All getting panic and cut loss :D and in another one months time, when Csc steel and gang is gearing up.. all chase high!

Is going to be a long correction .. I'll stay away and wait till it comes back down to $1 to $1.05 - bc recent hike has gone up too much, dividend for mother is in feb/march,

So are we to say.. the investors we have these days are just plain illiterate?!?!!!

NICE! it better go back to its prev price in the 60;s region . .

The closing price of Mycron is just as good as having a deficit quarter "sigh"

bad market sentiment is also the other to blame - if Mycron had released their QR report last week, things would have shifted in a different direction. In the end, stock mkt is about timing. Everything or anything can turn upside down even on a bright sunny day!

Yes. I do agree wealthwizard has predicted and projected quite well above all. So, applause to wealthwizard for his contribution & effort :)

The only difference btwm CSCSTEEL & MYCRON:

CSCSTEEL pays good yearly dividend and also a CASH rich counter (Mycron don't)

Let's see what *Wealthwizard* (our researcher/analyst/representative) has to say about MYCRON latest results...?

Lets see if cold eye is loading off his holdings in the next upcoming days..

Prestar is still the **superstar** among other steel counters. Give it up guys !!!

no bro, didnt buy in this morning - i am holding too much of prestar. Need to wait for it to RIPE! At the meantime.. am trying to look around for some others to hold. I am taking a bet on SKPETRO :)

mani_cum: what other counters are still super undervalued you feel ;)

Steel bar prices is back to its previous peak again..

https://www.barchart.com/futures/quotes/VPK17/interactive-chart

Am still holding on to mine. i strongly feels that theres alot more upside to this.. (considering theres a dividend in Jan of 2%) if i have to sell, i have to factor in my dividend amt :p

mani_cum: initally, i was targeting around 0.75 to 0.79 range as my exit price. seeing today's outcome.. am looking at 0.80's mark range :) i hope it can get there in no time.. i hold alot more than you :D

Myron is reallly pulling our legs!!!!!!!!

ttaniges: hewiester the PRESTAR price just shot up from 0.63 to 0.72. I am speechless as well
25/11/2016 12:31

Let's prosper together! Whats your exit price? me not going to sell this beautiful gem until it reaches my exit price.. haha! Not to mention, it is giving out 2% dividend in January. Am sure alot who invested and trusted prestar are long term players (not traders). So expect to go at least 0.80....

I spotted this golden gem two years ago and thank god, I added position when it was 0.53 to 0.55 last yr..

Mani_cum: what's your exit price since we know Prestar is a one & only steel counter that is still super undervalued:)

mani_cum - it doesnt need EXPOSURES! the more exposures it gets, the more idiots we have in and out. WE want long term stable investors :)

i hope Mycron is just as good or even better than that !!!!

did anyone check out PRESTAR QR result that just came out.. i am almost SPEECHLESS :)))

Never invest on GLC counters - Lessons of the past had taught me, glc's cant be trusted. Every drop invested, it is to milk the cows. And then.. cows gone missing!!!! They call in and said is fraud

Haha @ Chee chuan koh - got a good laugh at your comments :D

Even sugar is a loss business??!?! How can that even happen? When sugar was under the hands of ROBERT KUOK, we only see profit day in, day out!

another lembu kaunter - selain daripada rugi.. sawit pokok pun tak ada lagi kerana kena di jual habis :( Inilah, tanahair-ku dan kita :)

Who holds CSCsteel and NYCRON? can mycron do the same by passing down the rising cost to consumers?

Moneysifu : how much are u holding..

Everyone is waiting. Looks like 2.20 is a difficult resistance to break

I think that was the reason why many had sold this counter when it was at its peaked. Buy back low again when the 4th QR is good :)

If management has stated sales will be conservative, expect conservative results. It simply means, results are not as profitable as before. So expect a slight bit of differences..

At the current price of 1.02 - 1.09.. I feel it should be a safe margin since Mycron had issued a share buyback @ 1.10 (pending to shareholders approval). How wrong can this go?

buying @ 0.60 to 0.64 is a SAFE margin since Toh's Family acquired mostly at 0.64 :)

Q: Between Mycron & CSCSteel - which one you think is a better performing counter in spite of the fact that Fong Siling has a stake of 0.18% in mycron. Your view(s) please... if any?

How much does Fong Siling holds in this counter? Anyone?

THe most important thing is that the upcoming QR shows great RESULTS. The rest is secondary to me! Even if MYR is weak or USD is strong, the % of revenue generated for this month recorded in the book, wont be reflected in the upcoming (NOV) Quarterly result. So why are we worrying so much?!?

NOTE: Unless coldeye sell his stake, then im worried :)

The whole world has accepted Trump! Is back to business - counters rebound !

watch out for another GREAT quarterly result month end - great management and a good company !

damm - i missed it. Whoever bought at 1.87 is friggin lucky

Do u think Monday will still be on SALE for mycron & melewar?

Be it if Trump wins (or Hillary wins), life still moves on for STEEL PLAYA'S! why the big drama.. in the end is all about sound fundamentals..


Goodinvestor: Replying to your Q, mycron has submitted a share buyback for $1.10 pending to shareholder's approval in the AGM scheduled to be held on Dec 2016.

GoodInvestor hewiester, there indicate mycron shares sold 200,000 units http://www.bursamalaysia.com/market/listed-companies/company-announcements/5246937
03/11/2016 07:46

Any sifu's out there? May i know what is the next resistance and TP?

Any weakness is a great opportunity to buy in and add position for a stock that has so much potential . Plus w/ great yield :)

Skyjet, i did exactly what you did but obviously, not as heavily invested as you are! But i started collecting CSCsteel when it was at its weakeness for the past few days. And just as Melewar could not move further, i switched over to CSCsteel yesterday. As for today, i sold some MYCRON and switched to CSCsteel as it has got much more upside there ;) Hope that this works well for us :)

Why a sudden jump in melati, today? Gap up 0.30!!

Half way thru to TP $0.49 - I am sure more people joining in tmrw. .

Tmrw should be able to break the resistance of 0.64

no news but this counter is under valued - it just needs to regain some strength back. Trading above $2.00 should be how it is..

holy moly.. whats going on with this stock? Exec director selling.. must be selling to buy at a lower low price?