WC the Steel King is making a comeback after having endured the dumping prices of China's unscrupulous factories in Malaysia.

Lionind is a beneficiary of high rebar prices due to their huge production capacity among the local players.

PRGL now @ 1.32, up 0.16. PHB will be moving soon, cheers.

PRGL now @ 1.28 up 0.12. Buy PHB before miss the boat, cheers.

PRGL at 52wk high of 1.26. Indication of business turnaround in China. Buy PHB when it is still cheap.

Profit taking is over for this round. Expect to see new high this week, cheers.

The same modus operandi is used for the shares that this self proclaimed super investor buys. Once he gets it wrong he will dump and never ever talk about the stock again. Does JTiasa, Xingquan, among others, ring a bell? No wonder he employ 2 legged dogs to do his bidding. If you're good at what you do, no need to promote the shares you bought day and night even at brokerage firms. I bet he don't even know how to read a set of accounts yet he tells the whole world how smart he is and how dumb those that could not see beyond their nose on the shares he has bought.

His guard dog 24/7.

Just look at Xingquan. Will be suspended for sure by 8 June 2017. One of his darling stock in the past. Didn't he say it was a great buy and that if you did not agree you have no business sense. What has happened? Judge for yourself and be wary of these people promoting their shares.

https://www.metalbulletin.com/Article/3722213/Steel-All/Feng-Hsin-Steel-raises-local-scrap-prices-for-first-time-in-3-months.html

Always flow with the trend and not against it. Lion Ind price is uptrending. Strong accumulation going on for some time now. Once the collection is adequate, the prices will start to move up agressively. And as usual, many retail players will try to make a quick buck by playing contra. This is the cycle of the market. And believe you me, most market players never learn and end up holding at the top. So stay safe and buy early when it's still cheap or stay away from this stock. Analysts recommendations will come fast and furious in the months ahead when prices and earnings unfold. Cheers.

Next week prices is expected to break 1.20. Profit-taking is at the tail end. My gut feeling is a new high will be achieved next week i.e. breaking 1.23, cheers.

Remember the old adage saying in the market, You can never buy at the lowest nor sell at the highest. So, no prizes for being lucky to buy at the lowest. Its the selling price that counts, cheers.

Profit-taking for this round almost done. Savvy investors are accumulating diligently before price starts to unfold in the weeks to come, cheers.

Really good buy as Parkson drops below 0.60. The price is currently heading towards the silly analyst recommendation of 0.51. I'm sure PRGL will turn the corner soon. Don't forget the big middle class ability to spend in China. Very huge market to tap. Besides, its in net cash, generating positive cash flow and selling only 0.24 times its book value currently. Do not forget a number of its malls in China has yet to be revalued and is carrying the original cost. Any long term investor that believe in the Parkson turnaround story will buy without hesitation. I believe TTB is still holding tightly to their shares and this should provide some form of comfort, cheers.

Some of these analysts are not fit to be in this profession. For instance, they tell you that Parkson's target price is revised downwards to 0.51 for 2017 due to further losses although the house estimate the company to turnaround from 2018 and 2019 with profit of 6 Sen and 7 Sen respectively. So, only dumb investors will follow them as they may want to ram it rock low for the stockist to buy for the house.These are the type of low standard analysts we have in this country aka Malaysia Boleh.

Don't live in the past. Look to the future.

Good news coming.

Raider, good observation from you. Hope, visitors to this blog will exercise caution on self proclaimed super investor stocks as he will be the first to exit when dark clouds appear on his stocks. When that happens, it will dtop like ten pins just like if JTiasa, Xingquan, etc. causing many families to suffer huge losses for buying these inflated shares.

Isn't it ironic that the person who owns the most number of shares in the company is not even represented in the board. This must be a first in corporate Malaysia. So, how to ensure the interest is protected? Also strange is if the share is selling for a a song, why is the MD having a paltry quantum of less than10% of the PUC? Think about it and don't get taken for a ride, cheers.

Calvin, no need to do the hard work for these guys. Let them learn the hard way. Your efforts will not be appreciated by those obsessed with this stock and their idol. I supposed they worship him. Wait till they get burnt often enough like in the past will they get sober up. Please leave them alone. It's not productive to go on like this. This silly stock has never made the news and probably won't going forward, cheers.

Sorry stockraider, I meant the guy called Manny and not KC, cheers.

KC, he doesn't seem to know what the heck he's talking about most of the time. Believe you me, you should leave him alone, cheers.

Remember karma. What goes around eventually comes around. We will know whether these 2 stocks will see daylight eventually. But for now, they are nothing but counters that have no track record in the past to deliver decent earnings. For now it's all talk from the self proclaimed super investor with his vested interest and his errand boy who seem to be his mouth-piece in i3. He must be paid to run errand here daily or must be a silly fella to do all this. Wonder how much he is paid to defend him day and night here.

Calvin, you have hit the nail on the head. If this is not called promoting your shares, I don't know what else to call this. Calling analysts silly, etc. because the masses in the investment fraternity do not agree with him only reflect his true colours. Tell us the failures of your past as well and not only your successes. Fortunately, most of the so-called silly analysts also did not agree with him then or else a lot of families would have loss a fortune following him.

BTW, please don't harp on the past but look to the future. The charts of each and every stock will show you the ups and down cycle in the past. So, stay with the stock when its still cheap or move on to something else if a better buy comes along, cheers.

LTH is only selling small portion of their holdings as the price of Lion is appreciating slowly. This is normal trading for them. If you guys react to every little noise in the market on the stock that you purchased, then please don't dabble in shares as it will affect your health. Don't let profit-taking days ruin your day and life. Take it positively the ups and down daily so long as the stock is up-trending and the company has turned the corner, cheers.

It's just profit taking these last two days on steel stocks across the board. The contra players unloaded after Ann Joo's profit announcement. No worries, the same contra players will be back later buying at much higher prices. This happens all the time. For those that missed the buying below 1.10, this is your chance, cheers.

No worries, always remember to ride the trend. The golden rule in the stock market is never go against the trend. All the profitable steel counters are uptrending on the charts. So, sit back and ride the bull. It will be a bumpy ride all the way up, cheers.

The plantation land owned by Duta is not of quality soil as it is mainly peat. So, their plantation earning yield is low and this is reflected in the latest quarterly result.

Sorry, I mean Ann Joo.

But why should the Ann Moo's BOD award such huge share grants to themselves? Sigh, this is reaping the profits internally before returning to the shareholders.

https://www.metalbulletin.com/Article/3718952/Steel-All/Shagang-makes-sharp-increments-to-long-steel-prices-for-late-May.html

https://www.metalbulletin.com/Article/3718966/Steel-All/Chinas-spot-rebar-market-strengthens-on-higher-ex-works-prices.html

Why so much fuss over JAKS? Before this, it was JTiasa, Xingquan, among others. What happened to these stocks subsequently? Why only blow trumpet on the winners but forgot to highlight the losers. By being transparent, we can then judged how good the person really is.

Why so much fuss over JAKS? Before this, it was JTiasa, Xingquan, among others. What happened to these stocks subsequently? Why only blow trumpet on the winners but forgot to highlight the losers. By being transparent, we can then judged how good the person really is.

All commodities runs in cycles. No different for steel. So, the uptrend in the steel cycle is at the early stage. Stay with LionInd to maximise your returns, cheers.

PRA qtr 3 result was not encouraging as the company incurred further losses. The management has also guided on making more impairment on it's group's assets, particularly on non-performing stores and stores that may be closed probably in the last qtr ending June 2017. On a brighter note, PRA is still in net cash position as the company has zero debt although the cash position has dwindled to 23m due to payment to suppliers and investment in new stores. And with all the negatives like deficits in SSSG and store issues, the company was still able to show increased revenue and rental income yoy. I would say the management has been prudent and transparent in their disclosure on current and the upcoming performance. So, to stay or liquidate your position in PRA would be a personal decision. There is no right or wrong answer, cheers.

Buy simple businesses that is easy to understand. Then, look for market leaders in their field of business. Are they long in the business and have they been able to grow the business? Do they generate positive or free cash flow? Are they reasonably geared if the business has been expanding steadily? Is the company able to withstand a downtown and do better on a turnaround? Is it a owner managed company? Is it selling at ridiculously low price to book value? Are you buying at the historical low price due to market downtown in the business? Is the company still in net cash position? If the answers are yes in most of these salient points, then the stock should be worth investing.

Most players lose due to lack of knowledge in the game. They will sell at low prices and chase shares at high prices. So, they normally make small profits but big losses. That is the sad situation. It's a cruel world out there. You need to be street smart in all your endeavours, cheers.

https://www.metalbulletin.com/Article/3718554/Steel-All/Chinas-spot-rebar-prices-rise-as-futures-advance-further.html

TQ, for sharing meaningful news, erkongseng.

It's just market perception of WC's stocks. We need to be objective and be professional when picking up shares so long as the stocks meet the criteria during turnaround. So, if the company is expected to make even more money if conditions are conductive, then we should let our ego down and add on more if you want to make more money.

Because they reported a loss. PRGL, however, seem to be turning around. Things could get better in the coming quarters. Very big market in China with a very big middle class that is itching to shop and dine till they drop.

The analyst is using very low EPS so that they can rerate the stock as soon as Lion Ind report much higher profit. BTW, that is a given, cheers.

So, finally a brokerage house has call a buy. Didn't I say they will wait until higher prices and probably after having bought as stockiest for the house, then the buy call for higher price will come. Anyway, its good news. At least Icon8888 was quicker than these analyst in town. Let's wait for this stock to zoom pass 2.00, cheers.

BTW, that is why JAKS is going south these days. Wait for the surprise in coming qtr result announcement soon.

Whether the IPP will be completed on time is not known. It is hope that all will be smooth. Till then, go and sweat it out and pray nothing untoward happens, while, shares like FLBhd is making good money and is cash rich. Even the major shareholder is buying back it's shares aggressively compared to Ang Lam Poh. Some people like to live on hope.

How anyone can put money in this stock and at such high price is a wonder. It's either they are not what they proclaimed themselves to be or they have been lucky with their earlier picks. No wonder the whole market is moving except these lemons.

Those that is not able to see and anticipate the business prospects and turnaround would not make the big money. Majority of followers in this blog end up losing money. It's really sad.