If the cost of materials has increased, it mean the company can produce finished goods with cheaper existing raw material in store, and it will translate into better profit margin.

But it is different case for unsold units for property development, it is more complicated.

Company will not normally do revaluation for inventories because it will be used for production of income anyway.

If inventory cannot be sold within a business cycle, the value will be very likely depreciated due to unable to sell.

If Harry can introduce or recommend stocks to look at or invest, that's will be great. Rather than now always writing something that are happening now or had happened.

Yes, probability, steel tube producers MUST get 100% HRC from Megasteel previously.

In Malaysia, CRC players are required to buy half of their HRC requirements from Megasteel while other HRC users, such as pipe makers, are required to buy all or a large portion of their HRC requirements from the company.
http://www.thestar.com.my/business/business-news/2016/09/10/megasteel-closes-banting-plant/

Thank you for sharing, paperplane.

YTD return 8.5%, what a turnaround from -20%, well done!

1st DKSH, now Harissons, so next Yee Lee?

1st DKSH, now Harissons, so next Yee Lee?

At very last minutes

True, just look at Mycron today, quiet the whole day, then sudden surged

Keep your good work & stay strong, Mr Ooi :)

I am in profession line also, so I know how things work, protecting professional pride is always top priority of all for old school guys like us.

I don't have your working of determining the target prices, so can't say much about it. But trust your experience & history has well supported your calls.

I trust WealthWizard, Mr Ooi, he has been conservative so far.

WealthWizard I also revised my target PE from 5 to 7 due to latest positive development in CRC industries (Malaysia & China)
20/10/2016 16:23

True, this is not pump & dump stock, it is supported by results and great business prospects ahead. Holding it since 0.44, now let it fly over 1.58 :D

Wow, even higher, let's hope for the best :)

I like the term "cut profits" from probability :)

All development pointed to one direction only, that's UP.

Can't really see any pull back factor at this moment, except some expected profit taking or cut profits activities along the way.

Yeah! Go for RM1.58!

On the way to be the winner of the year? I guess SuperMan & Paperplane will be the winner for 2016 stock pick & self-managed competition. Both also have been very consistent.

Thank you, wealthwizard for sharing, look forward for your next article, it is very useful & informative.

OMG, 1.02 cleared....

Ya, crazy, but I cry, really hope to collect more today... 2 days never down

Why suddenly all steel stocks go up?

That's call Stock Market, waited waited but just don't make your wish to collect more, then suddenly just shoot up....

Thought will drop some so can collect more, that's the reason I have been quiet the whole day, sigh....

I respected him before 2000, lost total confidence after 2000, that's fact.

Yes, optimus.

haha, got it, Mr Calvin, your Bina Puri is doing fine now, well done again.

hi hewiester, you may visit here as reference: http://klse.i3investor.com/blogs/wealth123/103812.jsp

For safety reason, please avoid, email will be good enough.

Calvin, are you crazy? Disclose your phone here?

ykloh, ttb will be right one day, only not sure WHEN, may be 1,2 or in next 10 years. Then he will shout loud loud: SEE, I TOLD YOU GUYS, MARKET CRASH

ykloh king of the contrarians : ttb.
19/10/2016 21:09

First payment (921m) upon completion, then need to use 850m for SPE. Very likely will be as what you said, paperplane, 0.10

Don't think they will give all they get as Ekovest also need money for EkoCheras Mall, so guess RM100m is max, it round up to RM0.12. So we are close.

finally move?

hmm.... hewiester, import duty for steel importers are good news to all steel mills, not bad news.

I will truly appreciate if you can share with us

My question is very simple, since you mentioned about tax tariff or impose tariff hikes, can you specifically point it out what kind of tax you are referring to?

Actually I don't really care if it is red or green, as long as I know where will it be later. Up, I let it fly, Down, I wait for chance to add more.

But when we said something, it must be able to be verifiable.

Don't simply said new tax tariffs, hewiester, pls specific what kind of tax you are trying to point at?

Thank you very much, Chelsea, you have done really great job, trust you must have worked for long hours for the article, truly admire.

New tax tariffs for steel players? Something total new to me, interesting.

I mean CRC price per tonne for respective quarters since 2014

Chelsea, wonder how do you get the CRC price in Malaysia? Appreciate if you can share the link or source to us?

Eye open big big, crazy....

paperplane everyday mouth open big big laughing

9 already......

Son is still laggard....

Son is still laggard....

Based on my record on 9/9/2016:
Ekovest = 1.85 + 0.27 (8%)
Ekovest-WB = 0.89 + 0.16 (18%)
http://klse.i3investor.com/servlets/pfs/55784.jsp