Posted by soojinhou > 2018-06-15 11:26 | Report Abuse

Dumb post. Chinese domestic steel price is equivalent to Malaysian prices. With or without tariff, msian rebar players r raking in the profits.

Posted by qqq3 > 2018-06-15 11:29 | Report Abuse

soo

human beings are very imaginative....you can continue to be imaginative and support your losing steel counters....


in the meantime, I encourage others to research Alliance Steel....and look at the operating environment.......its business sense.

Posted by Ooi Teik Bee > 2018-06-15 11:31 | Report Abuse

Good to challenge gentlemanly with facts and figures.
No personal attack please.
Let us see the result at the end of 2018.

Thank you.
Ooi

Posted by qqq3 > 2018-06-15 11:49 |

Post removed.Why?

Posted by soojinhou > 2018-06-15 12:16 | Report Abuse

qqq3, who cares man. If a stock trades as low as PE 2, you makes back your entire investment in 2 years time. So what if it is cyclical, as long as conditions stay as where it is for 2 years, you recoup your investment. That's how cheap Lionind is.

Posted by Ooi Teik Bee > 2018-06-15 12:17 | Report Abuse

Please wait for result at the end of 2018.
I have my own strategy to follow.
My strategy is based on FA.

I am glad that you are very gentleman this time.
Keep up the same good spirit.

Thank you.
Ooi

Posted by soon9913 > 2018-06-15 12:28 | Report Abuse

No need created a blog to public and the purpose is to reply to OTB. Everyone is just sharing their personal view unless they have magic ball.

Posted by qqq3 > 2018-06-15 12:34 | Report Abuse

value investing , looking behind but lacking business sense is living dangerously.....

Posted by soon9913 > 2018-06-15 12:52 | Report Abuse

Suggestion is pls share more blogs with facts and numbers , so the readers can learn from you more.

Posted by probability > 2018-06-15 12:52 | Report Abuse

aiyo supergenius sifu qqq3....what stock u recommend to compete with OTB?

let me call dragonslayer to organize the competition...winner will be announced end of 2018..kiki

Posted by qqq3 > 2018-06-15 13:08 |

Post removed.Why?

Posted by qqq3 > 2018-06-15 13:10 |

Post removed.Why?

Posted by qqq3 > 2018-06-15 13:12 | Report Abuse

there is no performance without risk......


Please bear in mind this fact.

Posted by probability > 2018-06-15 13:13 | Report Abuse

sifu qqq3...where is your portfolio?

at least announce when u change your portfolio la..

its for the benefit of all your dedicated followers

curious to see the return of 'pivotal investing'strategy...

my hunch is it should give a fantastic return

only thing is...can it beat OTB strategy?

we all need to know

Posted by probability > 2018-06-15 13:16 | Report Abuse

as much as the effort u place 'not to recommend' others recommendation...for noble intention of protecting gullible innocent investors...

spend at least 10% of the effort 'to recommend' la..

Posted by qqq3 > 2018-06-15 13:18 | Report Abuse

mathematically it is impossible to separate skill from luck. randomness plays a big part in a portfolio.

what we can do is to design a portfolio which is of higher or lower beta......and one that makes business sense or not.

Posted by probability > 2018-06-15 13:22 | Report Abuse

if you only 'not recommend' and never 'recommend' then u are preventing any type of investments....ensuring i3 investors return of 0% against FD of 4.5% return..

you are making tremendous loss of opportunities to i3 members...this i am totally against lor sifu....

we need strong firm brave balls of steel recommendation!

not carry old man balls recommendation ma...

Posted by qqq3 > 2018-06-15 13:27 |

Post removed.Why?

Posted by probability > 2018-06-15 13:29 | Report Abuse

aiyo...very diluted portfolio...might as well dump in all to FD liao...kiki


Posted by qqq3 > Jun 15, 2018 01:27 PM | Report Abuse

you can see my portfolio here....in the name of transparency


Blog: (Icon) How You Can Become A Successful Full Time Investor

Jun 14, 2018 12:08 PM | Report Abuse

paperplane, the OTB look alike.....

steel is not the only shares in KLSE....and I got none, not interested.....

I got, Sendai, FLHB, DRB, AeonCR, Harbor, SamChem as well as FD portion of the portfolio......Gas Malaysia, Vitrox

Posted by qqq3 > 2018-06-15 13:37 | Report Abuse

its ok for me.

Posted by probability > 2018-06-15 13:42 | Report Abuse

Did anyone workout what is the implication on EPS for 3% rise in Lionind ASP...increasing its Net profit Margin by another 2%?

Now this is how a newbie, if smart enough, well researched, can taste the Million with a mere few hundred Thousand in hand....

Posted by Kyou > Jun 15, 2018 12:12 PM | Report Abuse

http://www.sunsirs.com/uk/prodetail-927.html

Rebar-Steel-4131.33(2018-06-14)


...........................

large portfolios are for super rich people like qqq3 to just be happy with a mere 6% return per annum...

not suitable for ambitious young investors


Posted by qqq3 > Jun 15, 2018 01:37 PM | Report Abuse

its ok for me.

Posted by CharlesT > 2018-06-15 13:49 | Report Abuse

6% return is only 2% higher than fd...after spending so much of time n effort n expose to relatively higher risk

Posted by CharlesT > 2018-06-15 13:51 | Report Abuse

Buying annjoo at current price of rm2.20+ can easily make few times higher than 6% by year end...this is exclusive of the div of rm0.20...

Posted by qqq3 > 2018-06-15 14:46 | Report Abuse

all these steel counters.....all you need is a bad results, all will come tumbling down until father and mother also cannot recognise.........

why? because no business sense.....repeat of $19 Hengyuan.....HY $19 was to be a low PE counter too.


what we have is a situation of flocks of no business sense attracted by historical figures like bees to honey....

same same results...no change....same same results not going to make you money.....one bad result, you know the end result already.

Posted by probability > 2018-06-15 15:13 | Report Abuse

thanks for sharing rojak..

Posted by rojakmee > Jun 15, 2018 03:01 PM | Report Abuse

https://in.reuters.com/article/asia-ironore/update-1-shanghai-rebar-rises-for-3rd-day-on-new-steel-capacity-ban-idINL4N1TG368

Posted by probability > 2018-06-15 15:13 | Report Abuse

JUNE 14, 2018 / 11:52 AM / UPDATED A DAY AGO
UPDATE 1-Shanghai rebar rises for 3rd day on new steel capacity ban
Reuters Staff

3 MIN READ

* Crude steel output hit all-time record in May

* Iron ore under oversupply pressure - analysts (Adds closing prices)

BEIJING, June 14 (Reuters) - Chinese rebar futures extended gains into a third session on Thursday after the country said it would ban new capacity for steel, coke and primary aluminium production in some key areas.

As part of a new three-year anti-pollution plan, the state council pledged a clampdown on any new capacity for steel, coke and electrolytic aluminium in regions such as Beijing-Tianjin-Hebei and Yangtze River Delta to curb industrial emissions, which are believed to be a main source of smog.

The announcement came a few days after the environment ministry said it will carry out a new round of inspections in 28 northern cities and some other smog-prone regions from June to April next year.

“The environmental policies are having bigger impacts on the market than expected, putting supply and demand at a relatively balanced situation,” said Richard Lu, an analyst at CRU in Beijing.

China’s steel output surged to a record 81.13 million tonnes in May, official data showed on Thursday, but it did not affect the bullish outlook held by investors.

The most-active rebar contract on the Shanghai Futures Exchange closed up 0.9 percent at 3,897 yuan ($609.75) a tonne on Thursday.


Spot steel prices gained 0.4 percent to 4,379.5 yuan a tonne on Wednesday, data from Mysteel consultancy showed.

Prices for steelmaking raw materials were slightly changed on Thursday.

The mostly traded iron ore futures on the Dalian Commodity Exchange rose 0.9 percent to 473.5 yuan.

“Iron ore trading remains active with support of firm steel prices,” CITIC Futures analysts said in a note in Mandarin, but warned of oversupply pressure from increasing shipment from Australia.

Iron ore shipments to China from Australia’s Port Hedland terminal, a major shipping junction used by the countries top iron ore miners BHP Billiton and Fortescue Metals Group , rose 2.4 percent to 37 million tonnes in May compared with a month earlier.

As of June 8, stockpiles of imported iron ore reached 161.03 million tonnes, just below the record level of 161.98 million tonnes in the previous week, data compiled by SteelHome Data showed.

Spot iron ore for delivery to China’s Qingdao port .IO62-CNO=MB fell 0.3 percent to $67.02 a tonne on Wednesday, according to Metal Bulletin. ($1 = 6.3911 Chinese yuan) (Reporting by Muyu Xu; Editing by Subhranshu Sahu and Amrutha Gayathri)

Posted by qqq3 > 2018-06-15 15:36 | Report Abuse

Politically Speaking > Jun 15, 2018 02:51 PM | Report Abuse

qqq3! Guess we are all dummies and you are the only smart one for not buying Annjoo!
===========


you guessed it

Posted by myongcc5 > 2018-06-15 15:43 |

Post removed.Why?

Posted by qqq3 > 2018-06-15 15:44 | Report Abuse

Posted by myongcc5 > Jun 15, 2018 03:43 PM | Report Abuse

U educated moron with idiotic fxcking statements!
get lost n go to hell together with ur master u polish!!!
What did u get by attacking other stock?
Did anybody forced u to buy steel ctrs?
===========


no one advised me...Its my pleasure.

Posted by qqq3 > 2018-06-15 15:46 |

Post removed.Why?

Posted by Flintstones > 2018-06-15 16:21 | Report Abuse

Ahh..cyclical stock. This type of counter is i3's favourite. Easy to goreng while things are rosy. It takes one bad quarterly result too see dreams being crushed.

Posted by qqq3 > 2018-06-15 16:28 | Report Abuse

y Flintstones > Jun 15, 2018 04:21 PM | Report Abuse

Ahh..cyclical stock. This type of counter is i3's favourite. Easy to goreng while things are rosy. It takes one bad quarterly result too see dreams being crushed.
==========


at least one other with head in right place....makes me feel humanity can be saved.

Posted by qqq3 > 2018-06-15 16:34 |

Post removed.Why?

Posted by qqq3 > 2018-06-15 17:08 | Report Abuse

y CharlesT > Jun 15, 2018 01:49 PM | Report Abuse

6% return is only 2% higher than fd...after spending so much of time n effort n expose to relatively higher risk
=================

its very simple. The less the number of counters, the higher the beta...go sailang all in Sendai $500,000 should have enough beta for most people. That is a possible option for young man who wishes to cut employment cord.


also the more cyclical the higher the beta.

Posted by qqq3 > 2018-06-15 17:08 |

Post removed.Why?

Posted by Ooi Teik Bee > 2018-06-15 17:40 |

Post removed.Why?

Posted by Flintstones > 2018-06-15 18:21 | Report Abuse

The love and tragic stories of cyclical stocks are there for us to witness. i3 members are forgetful. People seem to forget the bubble of hengyuan which just popped recently. Many sifus gave TP of RM 25 or even RM 50, trying to price a cyclical stock like a stable defensive growth stock. Cyclical stocks are attractive to speculators because the share price move up very fast when there is an uptick of earnings recovery. It is profitable to play such stocks but just dont believe the rosy pictures and ambitious TP the sifus here painted. And oh ya. MUDA was the last cyclical stock to be promoted by sifus you guess who?

Posted by qqq3 > 2018-06-15 18:22 |

Post removed.Why?

Posted by Ooi Teik Bee > 2018-06-15 18:30 |

Post removed.Why?

Posted by hstha > 2018-06-15 19:01 | Report Abuse

Steel stocks will not move up 40% in the near future, but a 10-20% return is an easy target due to its past overeaction.

Posted by qqq3 > 2018-06-15 19:04 |

Post removed.Why?

Posted by qqq3 > 2018-06-15 19:06 | Report Abuse

and I know the source of your fake "returns" because one of your customers, not kyy, shows me how.

Posted by soojinhou > 2018-06-16 13:10 | Report Abuse

I've deleted my comment, so u can have the whole thread to yourself.

Posted by qqq3 > 2018-06-16 13:11 |

Post removed.Why?

Posted by paperplane > 2018-06-16 17:58 | Report Abuse

I doubt qqq3 is kc....

Posted by qqq3 > 2018-06-16 20:11 |

Post removed.Why?

Posted by hollandking > 2018-06-16 20:15 | Report Abuse

pump last time before bailing out?

Posted by hollandking > 2018-06-16 20:25 | Report Abuse

market bad still ask ppl buy

Posted by Jon Choivo > 2018-06-17 05:15 | Report Abuse

Lionind is interesting. I wanted to buy at 0.75, but decided to get osk and trop instead. At least i bought some parkson at 0.4.

But its really very very interesting. But i have no money, and i dont like paying higher price haha. Good luck.

OTB is honest guy. He tells the truth or at least what he thinks is the truth. Sometimes info may not be complete, but its not out of maliciousness, just not yet considered, or did not strike him to consider. Which is human. We are not god.

Posted by Jon Choivo > 2018-06-17 05:28 | Report Abuse

Its a potential 2-5% position for me. The only reason its not larger, is because it is not a good business. Moat is low.

Prices in china now is artificially high, because the china govt have been cutting production and have factories shut down like made the last 2-3 years to handle overcapacity.

Factory shut down, can be reopened when the steel rebar price go back up, which will cause price to go down again.

But the sheer cheapness of the stock kind of covers it. Things always look cheap when you from valuing it at P/B to P/E.

Im just wondering where all the rebar demand going to come from. All steel manufacturer in malaysia going to expand the demand, where the additional supply going to come?

Lionind profits is also very very volatile,

2006: Loss 146m
2007: Profit 271m
2008: Profit 893m
2009: Loss 374m
2010: Profit 515m
2011: Profit 283m
2012: Loss 12m
2013: Loss 30m
etc etc, lazy to type.

So might be worth considering a few extra factors.

Its a cyclical bet.