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2016-09-19 23:17 | Report Abuse
I am now not sure about the industry in near future, so I choose to stay side way. Anyhow, it is good article to share with.
TTB is always smart, it is not wrong to recommend to buy for long term if price is below RM0.60.
But it's like recommend to buy Genting for long term if price is below RM4.00.
Actually, it will never be wrong since the chance to get wrong with that price is extremely slim as it is impossible at the moment.
Even at the worse case scenario, TTB can still give another report incorporating latest bad development & recommend further lower entry price, say RM2.00? That's how the business run, right?
2016-09-19 20:56 | Report Abuse
认同twot以下言论!!!
twot从来都不会去讲太多一个股的”不好”,因为我了解的大众心理。就是如果介绍他们一支亏钱的股,他们输了钱,只会认命自己听信“妖言惑众”;但是万一跟他们说一只股票的不好,然后他们卖了,股价却起了,他们是会更愤怒的怪罪。这个心理,你们认同吗?
2016-09-19 19:39 | Report Abuse
Bandar Malaysia is still far away and should be long term card in hand to play, now the cards in hand are already more than enough to push. To next level.
Missed george kent by knowing all facts but too ignorant to digest & convert into investing profits.
2016-09-19 19:01 | Report Abuse
Yipman, Pls read my comment @ 15:39
2016-09-19 18:57 | Report Abuse
Think this way when investing in stock market, as long as all figures are correctly calculated, life will be much easier without worrying too much.
2016-09-19 18:55 | Report Abuse
The momentum is slow but very strong.
Imagine a market leading company offered to sell at 60000, with cash in bank of RM30000 and coming year's RM10,000, with expectation of 50% dividend payout. Will you buy?
2016-09-19 18:46 | Report Abuse
If deal at around 1.5b, so duke 3 toll concession & ekocheras are free, coupled with expected construction profit at least 280.5m in next 3.5 years, so this is 2nd george kent in making?
2016-09-19 18:42 | Report Abuse
By looking at the building progress of ekocheras, they need the money.
EPF need to invest the money & duke 1 is delivering now, so it is natural target for epf.
Duke 1 was transacted at value of RM760m in 2013, so after 3 years + duke 2, what will be the possible deal? 1400m? 1500m?
hopefully can unlock the value as what you said, paperplane, then price will fly to RM2.50?
2016-09-19 17:42 | Report Abuse
Paperplane, your ekovest also start flying again, luckily bought a lot this morning
2016-09-19 16:53 | Report Abuse
one million shares Q sell at 1.95 CLEARED!!!!
2016-09-19 16:52 | Report Abuse
"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffett
Do your homework before buying anything.
2016-09-19 16:50 | Report Abuse
Up 15% in a day, another extremely good return investment, gogogo!
2016-09-19 16:49 | Report Abuse
This stock is next to CSCSteel, even better profit margin than CSCSteel for the past 5 quarters, but far lower valuation.
Delivering consistent better margin performance over 15 months continuously is not luck but hard work.
2016-09-19 16:47 | Report Abuse
I feel I own Public Bank in steel industry, hehe
2016-09-19 16:46 | Report Abuse
When you bought a stock, if you feel nervous & uncertained, then make or lose does matter.
When you bought a stock & feel so firmed, it's like buying Public Bank, you will never worry, then congratulation!
2016-09-19 15:49 | Report Abuse
Thank you, probability, we all learn from each other in order to make better living in our old age. Hope to learn from everyone.
2016-09-19 15:46 | Report Abuse
All steel companies no matter doing what also fly
2016-09-19 15:37 | Report Abuse
Always like that, always not enough time to collect....
2016-09-19 15:26 | Report Abuse
YiStock, I have just started to learn about Steel Industries 4 weeks ago, I am kind of kiasi people, so I will read as many as possible on all figures, reports, news, articles from everywhere, Malaysia or Oversea, to make sure I didn't miss any issues, especially bad one.
If you can make comparison among all steel players (up, mid & down stream), you will find something very interesting.
Also, you may take a look on demand & supply of steels (generally, rebar & crc) in China & Malaysia as well as sudden price surge in April & May and the subsequent development in China & Malaysia.
2016-09-19 14:43 | Report Abuse
Thank you, YiStock, hope the article can trigger more people to dig deep and do their home work to understand and know more about steel industries (I use ies, not y)
2016-09-19 14:36 | Report Abuse
There are many articles written about steel but no one pointed the possible wrong preceiption about steel industries.
2016-09-19 14:32 | Report Abuse
The impact of closure of megasteel has been misread by many, yistock has focused on wrong direction.
2016-09-19 14:27 | Report Abuse
The points No.1 & 2 are extremely biased.
Why it was set at 5%+ for that particular producer? Never discussed but trying to convince all will take that rate. China do not have one CRC producer only and not all imported CRC are sourced from that producer.
Point 3 is also not discussed but try to mislead. What is price of CRC in China? Whay is CRC price in Malaysia now? What is price of imported CRC now? None of it is disclosed or even discussed.
I have due respect to YiStock for other articles but not based on these 2 steel articles, it is no difference to those kopitiam talk, no proof in terms of figures and selectively talk.
Some good points to digest and good luck if invest by looking at one side, let's see how it goes, results and market will be the final judges.
2016-09-19 12:07 | Report Abuse
Lulu La, it's good company but you need to dig deep to understand their business models and current valuation.
2016-09-19 11:27 | Report Abuse
You will not believe until you study yourself, mycron has been producing & command better margin than CSCSteel for the last 5 quarters continously.
2016-09-19 11:25 | Report Abuse
Closure of megasteel won't benefit other upstream producers as those upstream steel procuders are still facing direct competition from china steel products, except CRC products only.
2016-09-19 11:23 | Report Abuse
Many countries including Malaysia have imposed anti dumping duties on CRC but not other steel products.
Only CRC price in China increase steadily and up trending in recent months but not all other steel products
2016-09-19 11:15 | Report Abuse
Many has confused about steel industry and thought that all will benefit from closure of megasteel
2016-09-19 10:47 | Report Abuse
Pls sell if you have shares in your hand and wish you happy if have made profit and if your basis of buying and selling is based on someone's else action. Good luck!
2016-09-18 23:43 | Report Abuse
哈, 也许老千就是比我们更懂人性,我们就只能傻傻的每天在这里游荡,好运的就捡到一个冲天股,不好运的就抱到一个插水股,唉。。。
2016-09-18 23:13 | Report Abuse
此等好事本只有天上有,看你骨骼惊奇,玉树临风,所以你才有此缘分和运气。。。。
漏洞百出,鬼话连篇,偏偏就是有很多傻逼上钩,就一个字:贪!!!
2016-09-18 21:51 | Report Abuse
每天都在i3逛来逛去,看看还有没有其他看漏眼的公司,没买也要知道一下,嘿嘿,也许真的要去问米了 :)
2016-09-18 21:49 | Report Abuse
嗨, VenFx,没关注,就刚好路过,随口问问,呵呵 O(∩_∩)O~
2016-09-18 19:59 | Report Abuse
Harry的文章越来越像ASTRO本地台301晚上的"新闻报报看”,“新闻”出来了,文章跟着来。
2016-09-18 19:18 | Report Abuse
仔细思考,一句话概括:
1. 大马生产的钢铁成本低
2. 大马生产的钢铁售价开始上涨
3. 上涨后的价格还是比中国入口钢铁便宜
4. 买本地钢铁还可免去繁琐的进口程序
5. 进口他处货源不划算,所以大马所有钢铁厂都在赚钱。
All are effects from:
1. Anti-Dumping Duties on imported CRC
2. Increase in Price of China CRC
3. Import duty exempted HRC from Oversea after close of Megasteel (Saving RM400++ per tonne)
永美达集团(EMETALL,7217,主板工业产品股)执行董事,曾在近期的访谈中指出,大马生产的钢铁成本低,售价开始上涨,但价格比中国货源便宜又可免去繁琐的进口程序,进口他处货源不划算,令大马所有钢铁厂都在赚钱。
2016-09-18 19:18 | Report Abuse
仔细思考,一句话概括:
1. 大马生产的钢铁成本低
2. 大马生产的钢铁售价开始上涨
3. 上涨后的价格还是比中国入口钢铁便宜
4. 买本地钢铁还可免去繁琐的进口程序
5. 进口他处货源不划算,所以大马所有钢铁厂都在赚钱。
All are effects from:
1. Anti-Dumping Duties on imported CRC
2. Increase in Price of China CRC
3. Import duty exempted HRC from Oversea after close of Megasteel (Saving RM400++ per tonne)
永美达集团(EMETALL,7217,主板工业产品股)执行董事,曾在近期的访谈中指出,大马生产的钢铁成本低,售价开始上涨,但价格比中国货源便宜又可免去繁琐的进口程序,进口他处货源不划算,令大马所有钢铁厂都在赚钱。
2016-09-18 19:16 | Report Abuse
All are effects from:
1. Anti-Dumping Duties on imported CRC
2. Increase in Price of China CRC
3. Import duty exempted HRC from Oversea
2016-09-18 19:14 | Report Abuse
仔细思考,一句话概括:
1. 大马生产的钢铁成本低
2. 大马生产的钢铁售价开始上涨
3. 上涨后的价格还是比中国入口钢铁便宜
4. 买本地钢铁还可免去繁琐的进口程序
5. 进口他处货源不划算,所以大马所有钢铁厂都在赚钱。
永美达集团(EMETALL,7217,主板工业产品股)执行董事,曾在近期的访谈中指出,大马生产的钢铁成本低,售价开始上涨,但价格比中国货源便宜又可免去繁琐的进口程序,进口他处货源不划算,令大马所有钢铁厂都在赚钱。
2016-09-18 15:02 | Report Abuse
Good people earn good karma, others not sure.
I have all the times see some people very actively expressing opinions while some not.
Whatever it is, hope everyone make good money based on good karma earned.
2016-09-18 10:55 | Report Abuse
WealthWizard, I has feeling that your prediction and projection is kind of conservative with all news inflow and more solid & concrete latest industry develoment from various sources shared by many fellow i3 members.
2016-09-18 10:51 | Report Abuse
Sometimes one or 2 paragraphs in each news will give lots of hints or pictures about what's going on in the industry. What if read tens of these news? The whole picture will be shown in front of us and this will enable us to make better informed investing decision.
Stock: [ICAP]: ICAPITAL.BIZ BHD
2016-09-19 23:27 | Report Abuse
Not mean to interfere, but below were my records:
Bought Icapital in
2007 @ RM1.91 (average)
2008 @ RM1.45 (average)
2009 @ RM1.77 (average)
Jan & Jun 2011 @ RM2.20 ~ 2.23 (average)
Sold all in Sept 2015 @ RM2.245
I wrongly thought I sold at RM2.30 previously in my previous comments, I was wrong after checking my records, sorry about that.