To make good money in investing, business sense is key factor, next is to prove the business sense is valid by looking at the company's news, management, financial figures & past records (profits & dividends).

Now I understand what Fong Siling said in his book where a good company can only be discovered after lots of works done, no short cut.

Look at the annual returns stored at his study room (cover of his book), he knows the stories, the businesses & financial status of many PLCs, if not all.

Look at Peter Lynch & Warren Buffett, they are also studying lots of annual reports everyday before making any investing decision.

Every time look at those news, it reminded me never trust whatever newspapers said. Always do homework to figure out the real picture. Don't just look at the surface. Try to filter the positive & consider the negative.

Thanks for sharing, enning22

Parkson kicked to the corner by Alibaba, Viet Nam venture did not shine as expected, Malaysia Parkson also half dying. Megasteel closed also due to China. Life is getting tough for Tan Sri.

2008 crisis was rescued by Parkson, what now?

Hehe, expected, no surprise.

Thank you for sharing such well structured & written article.

Yes, ilovehits, that's the ideal way. ＼（＾○＾）人（＾○＾）／

This week my left pocket get money, next week my right pocket get money, cos I have both

Wow, that's something can be worked out by the management, thanks for highlight, WealthWizard

RM0.80 cents is coming back again, luckily got some when price touched down to RM0.765 just now, hehe

Thank you for sharing, WealthWizard. ┏(＾0＾)┛┗(＾0＾) ┓

Thanks to Wealthwizard for sharing such great works with all of us. It helps more people to know the businesses & financial figures of these companies.

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

Time to collect again

If son goes up, mother will follow, due to good sentiment, congratulation!!!

Mother also goes up

Even with forward PE of 4.5 (which still much lower than among its peers), the price is RM1.01, still far far away from current price.

http://klse.i3investor.com/blogs/wealth123/103812.jsp

Fly again, hehe

If have time, may be can look into Mycron's holding company, Melewar Industrial Group Bhd, not mean to recommend to buy, but just to know more on the background of Mycron.

Even the price of steel does not go up, it is nothing to do with CRC companies, the major positive events now are Anti-Dumping Duties for CRC products & freedom to import much cheaper but yet better quality HRC from oversea.

Momentum is strong, just hold tight

Agreed, gg_gal, everything proved right, now only let profit run.

Today buy some again...

Mycron is now only trying to catch up with other in terms of valuation, not even reach there yet

oh, thank you Molek

Don't know leh, at least something to look for, hehehe

Next target to clear is RM0.80

My steel stocks are now more than 70% of my total portfolio, gogogo!!!

More to come!

haha, murali

Another bomb, steel play is booming now...

Estimated TTM EPS = 23.11, assuming profit of next quarter = current quarter.

forward PE = 10.17 times, still the lowest among its beers. Let's see how market decide on it in next few months.

With so predictable business model, it is an easy task to forecast coming QR's profit to be 10m-11m, or even more than 11m, if less marketing expenses is participated. :)

Good job, Up_down, thanks for showing us the comparison.

厉害的报道，改天亏钱不叫亏损了，叫负盈利吧。

“”盈利可能只在收支平衡点以上水平”

First test is over, today is another good day, well done

Good negotiated deal, but does it got something to do with other shareholders?

The true value of the company's share will somehow be decided again by the market.

The only hope is to have synergy effect from the introduction of strategic partner. Let's see.

I used to trying to time market, end up mostly all wrong. So now I will buy on daily basis, down get more shares, up then less shares.

It works for me.

haha, got it.

Bye, chelsea

Better drop, so can collect more....

Thank you for sharing, wealthwizard

Can't agree more, probability, especially this part:

"How to do that…has very much less to do with donations...donations is just like giving money to a beggar...and encouraging the existence of beggars...so that you can feel good 'based on your own skewed religious belief'...and justify yourself for a seat in heaven based on these so called 'good deeds'."

If next QR of lii hen deliver good result again, fly again.
If next QR bad result, ha, RM2.50 is possible, I think.

Result is everything.

If results keep going up like gadang & airasia, price will also keep going up.

Look at Lii Hen, surprisingly good result in 31/3/2016, price shoot up from RM2.50+ to RM3.40. When the result of 30/6/2016 not as good as expected, price drop back from RM3.40 to now RM3.00++

Market expectation is now so high now that the result must be justified with the movement of price, if the drop in revenue/result is operational matter, then people will quickly suspect more worse will come. No chance will be given.

True, probablity

The price increased in Airasia were supported by the good sets results continuously for few quarters, so the price keep going up.

Hi probability, this article hit No.1 for one or 2 hours, then down to no.2 most of today.

As such, result is KING in stock market, nothing else.

Fake news will burst one day somehow, but solid results will make share price stay & going up further.

I learn my lesson in Airasia by not calculating all figures, keep disturbed by personal emotion, so missed the major second part of wave.

Bought 1.30+ & sold 1.79..... never calculated & quickly lock in profit, what a waste... :(

I truly agreed with what probability said, the recent increase in price is merely balancing market act, not really in appreciating the potential of the company.

All prices increased with mostly similar pattern, no exceptional:

1. recognised & appreciated by market => UP
2. purchasing power run out at this stage & many stay away to see if this level of price is sustainable or not => STAY
3. contra or short term players leave because taking profits or think that price will not up in near future => DOWN
4. if the previous increase is not justifiable by whatever mean, purely goreng => FURTHER DOWN
5. If market digested the previous up & more good news or solid results start to kick in =>FURTHER UP UP UP!!!!

So now is show of Tan vs paperplane