WealthWizard

wealthwizard | Joined since 2016-09-05

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Stock

2016-09-23 11:30 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

Stock

2016-09-23 11:28 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

Stock

2016-09-23 11:28 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

Stock

2016-09-23 11:21 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

Stock

2016-09-23 11:21 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

Stock

2016-09-23 11:20 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

News & Blogs

2016-09-17 14:14 | Report Abuse

See something before many others see, know deeper before many others aware, look further when many others still look here & there, you will earn more than many others.

Try to look up to everyone that talk positive & negative, judge yourself, don't blame anyone if you don't get it.

Opportunities are always for those who are ready AND have ability to grab it.

News & Blogs

2016-09-17 13:42 | Report Abuse

See something before many others see, know deeper before many others aware, look further when many others still look here & there, you will earn more than many others.

Try to look up to everyone that talk positive & negative, judge yourself, don't blame anyone if you don't get it.

Opportunities are always for those who are ready AND have ability to grab it.

Stock

2016-09-17 13:39 | Report Abuse

Opportunities are always for those who are ready AND have ability to grab it.

Stock

2016-09-17 13:37 | Report Abuse

See something before many others see, know deeper before many others aware, look further when many others still look here & there, you will earn more than many others.

Try to look up to everyone that talk positive & negative, judge yourself, don't blame anyone if you don't get it.

Stock

2016-09-15 17:12 | Report Abuse

To make good money or return in stock market, one really has to learn accounting presentation and financial statement, this is main channel to know what is going on with the company, unless they cheat in the figures, then no choice. But that would be only one in many thousand cases, most good listed companies won't do that.

News & Blogs

2016-09-14 15:14 | Report Abuse

Thank you, gthhh & 股海無涯

probability, thanks for sharing

News & Blogs

2016-09-14 12:33 | Report Abuse

I guess no many people realise the powerful effect of Anti-Dumping Duties. Thank you again, KLCI King.

News & Blogs
Stock

2016-09-14 11:10 | Report Abuse

Choose the best option to you, to buy or to sell, don't just look at price, look at the business, the figures won't lie.

Invest within your ability & it is very difficult to time market, because it is like guessing behaviours of thousands of people.

Stock

2016-09-13 22:23 | Report Abuse

Mycron was requested to reply on UMA during noon 9/9/2016, price was then RM0.78. Price drop to RM0.765 after re-opened in the afternoon. Look at today's price, now is RM0.905.

So, it's normal inquiry process by SC, no following up action will be taken as long as the company reply within the time frame, giving whatever reason including Don't Know.

News & Blogs

2016-09-13 21:38 | Report Abuse

You must know where is your destination when winning, surely you don't want to jump out of the bus at Tanjung Malim if you want to go Penang.

It's ok to get on board at Bidor, because it is only half way.

As long as you don't get to the wrong bus to Johor instead of Penang, that's still fine.

If you are not sure where the bus go, better take a deeper look & decide later. No make money but also won't lose money.

Stock

2016-09-13 21:32 | Report Abuse

The fact is:

When quarterly result was out, many said result was poor by looking at the surface, never dig inside to figure out what was going go.

The fact was the share price keep going down from RM0.48 to RM0.44 the whole week after result was out.

So, try to capitalise what people don't want and get the most out of it.

Also, you must know where is your destination when winning, surely you don't want to jump out of the bus at Tanjung Malim if you want to go Penang.

It's ok to get on board at Bidor, because it is only half way.

As long as you don't get to the wrong bus to Johor instead of Penang, that's still fine.

Stock

2016-09-13 19:53 | Report Abuse

Most major theme play will last at least 3-6 months, if the results are above expectation, the play will prolong to another 3 months, it will continue until such time the valuation is no longer attrative or change in external factors or policies.

Stock

2016-09-13 19:51 | Report Abuse

Now is the time for test, let the profit run or lock in profit now?

Get on board or stay side line?

Try to analyse with facts and news as well as figures, don't just listen to anyone, including me.

People say buy then buy & run then sell, like that life will be very tough.

Stock

2016-09-13 19:05 | Report Abuse

Now is the time for test, let the profit run or lock in profit now?

Get on board or stay side line?

Try to analyse with facts and news as well as figures, don't just listen to anyone, including me. People say buy then buy & run then sell, like that life will be very tough.

Stock

2016-09-13 18:59 | Report Abuse

Most major theme play will last at least 3-6 months, if the results are above expectation, the play will prolong to another 3 months, it will continue until such time the valuation is no longer attrative or change in external factors or policies.

News & Blogs
Stock

2016-09-13 12:03 | Report Abuse

No need to argue, moneySIFU, just let the fact proves us right.

Stock

2016-09-13 11:38 | Report Abuse

Welcome, moneySIFU.

While all developments pointed to one good direction, the CRC market leaders such as CSCSteel & Mycon will be the natural choices for investors.

News & Blogs

2016-09-13 11:36 | Report Abuse

While all developments pointed to one good direction, the CRC market leaders such as CSCSteel & Mycon will be the natural choices for investors.

Stock

2016-09-13 11:28 | Report Abuse

While all developments pointed to one good direction, the CRC market leaders such as CSCSteel & Mycon will be the natural choices for investors.

Stock

2016-09-13 11:27 | Report Abuse

Hi moneySIFU, I am just sharing my findings and opinion, credit & congratulation to all who believe this is truly undervalued company and believe good time is well ahead of the CRC industry.

Stock

2016-09-13 11:00 | Report Abuse

I received an email from one of i3 fellow member, where a famous remisier in i3 has a buy call to his subscribers on Mycron with target price of RM1.61, using 5 methods of calculation.

Everyone is free to decide what's best target for his/her money. But it is good to have more people to know the potential of Mycron.

Stock

2016-09-13 10:57 | Report Abuse

Before rushing to make any investing decision, please take a step back to think what are you looking for your own money? Please read their past years' annual & quarterly reports and judge yourself on the valuation.

I am not sure on the potential of YKGI but please take note on exercise price of YKGI warrant, which is RM0.50.

News & Blogs

2016-09-13 10:52 | Report Abuse

I received an email from one of i3 fellow member, where a famous remisier in i3 has a buy call to his subscribers on Mycron with target price of RM1.61, using 5 methods of calculation.

News & Blogs

2016-09-13 10:49 | Report Abuse

I believe CSCSteel & Mycron will continue to shine due to their positions in CRC market.

Eonmetal has done very well in manufacturing of plant & machinery, need to catch up in their CRC division.

YKGI is doing ok, need more results to prove their potential.

News & Blogs

2016-09-13 10:45 | Report Abuse

A senior manager from Megasteel said they need miracle to revive. It's true as Megasteel has been trying to return to profit for so many years with full supports from government but yet couldn't make it.

See below news: http://www.thestar.com.my/business/business-news/2016/09/10/megasteel-closes-banting-plant/

However, despite the protection, Megasteel continued to record huge losses. As at Dec 31 last year, Megasteel had racked up RM2.43bil in accumulated losses.

So far, Megasteel has gone through four debt restructurings, the latest of which in 2014, when it only had consent from two of its seven US dollar term loan creditors.

As at Dec 31 last year, Megasteel owed RM895.7mil to secured creditors, while unsecured creditors and suppliers were owed RM3.28bil.

News & Blogs
News & Blogs

2016-09-13 08:05 | Report Abuse

I never worry on Dow Jones performance, there are always individual stocks shining during bad time.

News & Blogs

2016-09-13 08:02 | Report Abuse

Most countries have imposed Anti-Dumping Duties for Cold Rolled Steel Coils (CRC), not for rebar yet. So the first wave should be CRC.

News & Blogs

2016-09-13 08:00 | Report Abuse

haha, probability, the CRC industry is merely at the stage of turning up, no many appreciate what's coming, so better conservatively set. :)

News & Blogs

2016-09-12 22:36 | Report Abuse

Hi Stockwatch, I think Part 3 have replied certain questions highlighted by you and below are reply from moneySIFU about the effect of weakening RM against USD:

Posted by moneySIFU > Sep 12, 2016 09:08 PM | Report Abuse X
It's double edged sword, lenglui, but seem CSCSteel benefited most from weakening RM while Mycron has been actively hedged its currency exposure, no so much gain or loss last year.

See table 6
http://klse.i3investor.com/blogs/wealth123/103812.jsp

News & Blogs

2016-09-12 22:25 | Report Abuse

Thanks everyone for great discussion & sharing

News & Blogs

2016-09-12 22:24 | Report Abuse

It will be great if any weaknesses, incorrect calculation or basis can be pointed out for discussion rather than giving a general opinion or telling where price should go.

News & Blogs

2016-09-12 22:18 | Report Abuse

We need more people like you in stock market, MuttonCurry, thank you.

Stock

2016-09-12 19:49 | Report Abuse

Yes, probability, raw materials are trending down now, widen up the gap between the processed products & raw materials.

Stock

2016-09-12 19:46 | Report Abuse

We need more people like you in the stock market, MuttonCurry & hisehatu.

News & Blogs

2016-09-12 17:32 | Report Abuse

I have been trying to look for the answer for the same question as highlighted by you, soojinhou, but just couldn't get it from everywhere.

Since it's utilisation was so low for the past few years, I guess it was due to technical issues that they just couldn't resolve.

Stock

2016-09-12 16:47 | Report Abuse

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

Stock

2016-09-12 16:46 | Report Abuse

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

News & Blogs
News & Blogs
Stock

2016-09-12 16:44 | Report Abuse

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