yeekarwai 赚完GADANG 现在赚CSCSTEEL， 赞！！

1.97, wow

Thank you, Benjamin_8888, I am trying to share what I see & read, hope everyone can do the research before buying or selling anything and make profit in stock investment. :)

Rubbish Icapital, at time of crisis, keep calling shareholders to convince vote for TTB, courier the proxy form followed up by callS, ask to fax back so can retain TTB as fund manager.

All funds including oversea which managed by TTB are all extremely poorly performed.

Truly appreciate, paperplane, thank you.

Haha, thank you

Good closing, happy lunch!

is xxxxx started with E?

I have no idea why KYY wanted to do that, one should carefully talk when many (followers, fans or haters) are closely following.

I hope to make more & I trust my judgement based on my own homework, so I hold on with it & let my profit fly.

I actually asking people to sell, if anyone realise my comments, it always make me happy to see our fellow members make money

True, I also scare of making wrong decision, better have more different ideas & opinions to consider about.

You know what? Sometimes a discussion can lead to investment in another companies, it happens all the times.

Those companies can survive in bad times will be rewarded during good time.

Morning, probability

As business owner, it's time to capture more previously imported CRC market & increase production to make more profit, rather than sell high to wait for customer to look for elsewhere.

Never forget the competition in business, it is either do or die all the time

The key point is:

The increase in CRC price and reduction of cost of raw materials (HRC) has given large margin for local CRC companies to compete with China CRC in selling CRC products locally to downstream industries/companies in Malaysia.

Worth to read again:

Bright Future for CRC Steel Producers: CSCSteel, Mycron, Eonmetal & YKGI (Part 1)
http://klse.i3investor.com/blogs/wealth123/103741.jsp

Huge Potential Upside for CRC Steel Producers: CSCSteel (+24%) & Mycron (+90%) (Part 2)
http://klse.i3investor.com/blogs/wealth123/103812.jsp

Flying CRC Steel Producers: Fantastic Business Outlook & Insider's Look (Part 3)
http://klse.i3investor.com/blogs/wealth123/104163.jsp

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CONCLUSION:

The CRC price & demand increased in China in recent months and coupled with the imposition of Anti-Dumping Duties on CRC has caused the following situations:

1. China CRC suppliers focus on domestic demands
2. Less competitive in prices of China CRC products

Meanwhile, Malaysia CRC producers are enjoying huge saving in sourcing raw materials (HRC) from international market, especially from China due to the following factors:

1. Closing of Megasteel
2. The application of 9% export tax rebate for HRC products exported by China steel mills

The increase in CRC price and reduction of cost of raw materials (HRC) has given large margin for local CRC companies to compete with China CRC in selling CRC products locally to downstream industries/companies in Malaysia.

As such, local CRC companies are expected to enjoy increase in both sales & profits in the coming months/years.

Worth to read again:

Bright Future for CRC Steel Producers: CSCSteel, Mycron, Eonmetal & YKGI (Part 1)
http://klse.i3investor.com/blogs/wealth123/103741.jsp

Huge Potential Upside for CRC Steel Producers: CSCSteel (+24%) & Mycron (+90%) (Part 2)
http://klse.i3investor.com/blogs/wealth123/103812.jsp

Flying CRC Steel Producers: Fantastic Business Outlook & Insider's Look (Part 3)
http://klse.i3investor.com/blogs/wealth123/104163.jsp

---------------------------------------------------------------------------------------------------------------------------------
CONCLUSION:

The CRC price & demand increased in China in recent months and coupled with the imposition of Anti-Dumping Duties on CRC has caused the following situations:

1. China CRC suppliers focus on domestic demands
2. Less competitive in prices of China CRC products

Meanwhile, Malaysia CRC producers are enjoying huge saving in sourcing raw materials (HRC) from international market, especially from China due to the following factors:

1. Closing of Megasteel
2. The application of 9% export tax rebate for HRC products exported by China steel mills

The increase in CRC price and reduction of cost of raw materials (HRC) has given large margin for local CRC companies to compete with China CRC in selling CRC products locally to downstream industries/companies in Malaysia.

As such, local CRC companies are expected to enjoy increase in both sales & profits in the coming months/years.

Basically, steel industries can be classified into 3 categories, up, mid & down stream producers. These segments are now having different market conditions.

Thanks for sharing, 360Capitalist.

One thing really has to point out that steel industries consist of long products, flat sheets & others

CRC producers are capturing previously imported CRC market and will be the clear winners in 3-6 months time

Rebar producers are still in the fighting mode.

Down say sell to cut loss, up say sell to avoid trap.

The purpose of buying shares is sell for whatever price as long as someone is buying, very funny strategy

Morning fellow!

I think jokers are still sleeping & later they will come to say: better sell to avoid trap. hehe

CRC producers are capturing previously imported CRC market and will be the clear winners in 3-6 months time

Rebar producers are still in the fighting mode.

Thanks for sharing, 360Capitalist.

One thing really has to point out that steel industries consist of long products, flat sheets & others

YOLOOOO, I love your statement:

Up not dare to buy, drop also not dare to buy

8wpwtmt8, thanks for sharing.

Please do your homework & try to look here & there for all positives & negatives as many as possible, make good & well informed investing decision.

I have been asking people to sell since RM1.66, why? As long as you feel great to lock in profit, then it is right strategy to make money. (Please see my previous comments)

I feel thankful for knowing so many great people here and sometimes I spotted great opportunities through discussions, sharing of ideas & news.

Some forums are quiet but share prices went up without anyone calling buy or sell.

It does not matter if you see this way or that way & in fact no one cares if you buy or sell, it does not matter.

If you see it correctly and make money/avoid lose money, then congratulation!

If you see it some other way..... then hope you are right.

So, deal closed?

That's for today, tired to see so many funny people in this forum now.

No one can force anyone to buy or sell, if you think better sell because of someone is buying, please do so.

If you think it's good to buy because someone is buying, that's your choice.

I will rather suggest you to do your homework & analyse properly whether it is good buy or should good bye for now?

Now all kinds of jokers flow to this forum. Where are you when price was low?

Don't try to act like an expert calling this calling that.

I have been asking people to sell if they feel not comfortable with the price & to lock in profit, I have always congratulated to them for making profit.

Invest1188, I don't know that, mind to share how do you know?

My near term target = RM2.50, long term TP = RM3

Slow & steady

Tired to hear someone's name, don't always think one person can overturn the market.

Price up from 1.77 to 1.95 when someone start buying, now down to 1.88, So?

Typical things: SEE, I TOLD YOU ALREADY!

Those think they are clever than anyone else, sincerely wish you good luck in your investment life.

Price won't go up even we keep calling BUY BUY BUY every minute because we all ikan bilis.

Price also won't go down even anyone bad mouth here because of same reason, we all small players.

i3 is not whole market.

Hi Vizhai, my average price is below RM1.50, way before someone called to buy, you can look back my earlier comments, I was busying buying when price was below RM1.50.

I have been saying all the time, I don't care who buy who sell, why want to look up to someone to make your investing decision?

Make your own analysis & do your home work before buying or selling.

呵呵，没事的，当然知道你的意思

每天被火烧，总是要停一下，敲敲打打一下，value added一下，才更值钱 ：）

哈哈，yeekarwai, 是不是：出来行的，总是要还的？

So panic sale over? Let's see if buyers will rush again or not :)

We'll know who will be naked then... hehe

Something to share:

Lynch has also argued against market timing, stating: "Far more money has been lost by investors preparing for corrections or trying to anticipate corrections than has been lost in the corrections themselves."

https://en.wikipedia.org/wiki/Peter_Lynch