Ha.. Ha.. Ha.. Another big loser come to i3 promote sell on steel counter. Hello, the whole market drop because of bad sentiment lah. Once this bad wind blows away will come good time. Then U will see steel counter move up like no tomorrow. The market always behave like this all the time.
"I3 is usuallly not a place for intellectual discussions and independent exchange of opinions." It seem writer aware of this, but still he post a lot of un-professional opinions here..
If Bursa keep focus on same theme why list so many counters?
Posted by Papaya Juice > Mar 3, 2018 01:05 AM | Report Abuse Just give it a pass! Steel theme is gone! Just like furniture and export theme! Just ride the next theme!
The most important part in long bars is China long bars price, currently is around rmb4200 is on uptrend after CNY construction resume and winter steel production reduction is extended ( like Tangshan city, major production city) if attractive enough for Alliance Steel to export, Alliance capacity is a less worry, just m2c
When I see "sifus" and analysts writing articles to promote "Buy" call, I sell. When I see "sifus" and analysts writing articles to promote "Sell" call, I buy. Provided the company is not loss-making and has decent fundamentals and prospect, this has worked well for me so far :)
This author is revealing half-truth. Regulated short selling is allowed in Malaysia. Besides, although there are vested interests in those promoting steel sector, there are equally vested interest in those who called others to sell in order for them to collect at lower price. This is due to the fact that long term investors are not willing to release their shares to these new collectors
After all, if everyone is able to see the same value of a stock counter at the same time, then do you think there is any potential for the growth in price of the counter? Thanks to those who fail to see the value of the stock earlier, the stock can conti ue to grow
The first sentence in the article itself has already revealed your intention to attack mr.otb. obviously your opinion is bias and with vested interest.
brightsmart, i have not performed any short selling as i am not eligible. But certain institution and licensed individuals do. Bursa Malaysia website clearly displays this information and the short selling regulation will be relaxed to all individuals soon subject to approval.
I agree that G Soros is smart and bright, but I highly doubt whether you are even half as bright and smart as him. No offence but just my 2 cents
Asean 41% Korea 14 % India 8 % Japan 4 % Taiwan 3 % China 3 % Australia 3 % EU 3% USA 2% ---------------------------------- HAHAHA (negligible) Others 19%
Plus, import figures of steel are much larger in Malaysia compared to export figures of steel, so Malaysian government's imposing 15% tax on import of steel bars or products into Malaysia has a much greater impact on malaysian steel makers.
Till now koon bee is still the best stock winning formula in the mkt..just one reminder...dont be too excited n too serious on his sky high tp..most of them never come true...
OTB has been making big money year after year and lives life with dignity whereas stockmanmy a.k.a brightsmart has to resort to PLP Uncle Koon to make a living. That is all I know
“The impact for us can be nothing but positive because higher steel prices are good for us,” Chief Financial Officer Marion Britton said in a phone interview, adding that Mississauga, Ontario-based Russel has operations in both Canada and the U.S. and does very little cross-border trade. “We are not impacted like a Canadian steel mill because we don’t ship anything to the U.S.,” she said.
Steel trade is the best business to do. we don't assume when the steel price will raise highly. BigBits providing live updates on Steel price it helps you to get the best deals on buying steel. I tried it to know steel Price in Ramgarh http://www.bigbits.in/steel/ramgarh-steel-rates/
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Posted by Zhuge_Liang > 2018-03-02 19:46 | Report Abuse
Q4 2017 net profit = 12,115
Q4 2016 net profit = 4,031
A growth of 201%
This is the correct comparison.
Not compare Q4 2017 against Q3 2017.