3 sen nobody want but RM 2 steel stocks people chase. Why?

Why so cheap? Can buy a lot like Charbee hoon.

Cheaper than Charbee boon I like.

Agree. Charbee hoon is cheap and delicious meal but not ChooBee.

Posted by IBanker > Sep 16, 2016 07:01 PM | Report Abuse
Coz if BeeHun i have more confidence. Cheap and delicious. I will buy.

I get confused over ilovehits post. Megasteel only close in Sep. How can Choo Bee QR reflect it when Sep QR still not out?

Posted by ilovehits > Sep 24, 2016 04:31 PM | Report Abuse
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/
http://www.kinibiz.com/story/corporate/15847/feud-in-steel-sector-starts-again.html

CRC players need to buy 50% HRC from megasteel while pipe makers need to buy 100% or a large portion HRC form megasteel.

How come someone said megasteel closure just benefit CRC players? That's why Choo Bee net profit jump 161%. I'm very sure now since read these articles.

babypost85 if 47 sen not cheap then CSC Steel , Choo Bee RM 2 cheap?

Everytime I see Bursa announcement regarding CSC, his name likely to appear. I think he certainly know about CS more than KYY.

Posted by Benjamin_8888 > Sep 24, 2016 02:02 PM | Report Abuse
Steel88 y u said Gan is director? Hahaha

If CSCSTEL really benefit from Megasteel closure why Mr Gan Thian Chin(director) doesn't know and must sell?
http://klse.i3investor.com/servlets/stk/annchsh/5094.jsp
http://klse.i3investor.com/blogs/koonyewyinblog/104931.jsp

Start to move today. More upside next week? Still cheap.

Logically Megasteel closure it should benefit Lion Ind and Lion group. Perhaps can transfer steel manufacturing to other factories which is underutilised. If not why not reopen Megasteel back.

Whose selling q at RM 2.80?

Why no Icon8888 effect on Affin? Can selling q at RM 2.80 absorbed today?

PE only 4.67 why nobody want?
http://klse.i3investor.com/servlets/stk/fin/5062.jsp

Agree DY is poor. Too high to chase now.

Pity those chased above RM 7.70. Drop again. PP2016 bought at RM 4+ the higher the price the rest of you buy the closer you will jump from KLCC.

July is KESM typical best qtr. If profit already drop how to expect other poorer qtr to do well?

Last year people chase Latitude until RM 8. What happen this year? So KESM next one?

Heard many suicide cases recently. Could be loss in KESM hehe.

Cheated by pp2016 can hit RM 16. Drop 45 sen is the truth.

So expensive stock why only pay little dividend?

Most steel counters down today why Lion Div so special? Any news?

JP Morgan damn powerful. When they speak we must listen or we get burned.

Mr Gan sold to KYY? Will it end like FL Bhd where KYY bought from director Lu Kuan Cheong?

What counter is potential next AirAsia? Which mean analysts give low TP.

Posted by tkp2 > Sep 18, 2016 10:19 PM | Report Abuse
well said secrecy, i give you a "like"
Remember early of the year, all analyst gave TP below 2.0, after AA share price went up, they adjusted their TP accordingly, if you follow analyst TP, you will not be able to make money from AA.

What counter JP Morgan has buy call?

Posted by Lulu La > Sep 18, 2016 09:29 PM | Report Abuse
Secrecy..well said..ask them just follow JP Morgan buy n sell call already rich...

VT last transaction disposed at 33 sen. 25-30 sen come first on likely loss QR.

KTB(other listed bus company serve M'sia) only 14.5 sen why Perak bus company can do better?

Don't simply say. Any data backup? Why no IB said so? Any order data for all steel stocks to justify rerating?

Albukhary Target Price:-
1) ANNJOO - RM2.80
2) CSCSTEEL - RM2.50
3) SSTEEL - RM1.80
4) MYCRON - RM1.10
5) MASTEEL - RM1.00
6) PRESTAR - RM0.90

17/09/2016 13:27