Just trying to survive in this world
Followers
0
Following
0
Blog Posts
0
Threads
2
Blogs
Threads
Portfolio
Follower
Following
2017-12-06 16:46 | Report Abuse
If you read the latest QR, management already guided that for this quarter, there will have seasonal challenges (lower demand) due to holidays.
So can we surmise that probably extraordinary results last Quarter may not be repeated for this quarter?
Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD
2017-12-06 17:28 | Report Abuse
@ aslm
Wouldn’t the effect of strengthening MYR be only felt in the last month of Q4? Besides, looking at the QR, foreign export of MASTEEL is small compared to domestic sales.
From the same QR, it seems like MASTEEL has a very high inventory. Coupled with high ASP, seasonal decrease in demand, wouldn’t this seem like a potential problem?