Posted by hoot9e996 > 2022-03-10 22:16 | Report Abuse

im on a dilemma on steel counters. can someone give me some advice / ideas
steel prices up thats nice
raw materials up, cost of production up. is there any specific steel industry in play?
like oil sector, oil price up = only those who is able to dig for oil + oil reserve benefited from oil price up
then those who base on contract see their share price drop or no movement

for steel counter im on dilemma, the last super rally was because of their inventory.
now i have no idea

Posted by moneytr33 > 2022-03-23 16:45 | Report Abuse

nice, if today closing 38.5 sen, tomoro hopefully can see 40 sen

Posted by moneytr33 > 2022-03-28 15:45 | Report Abuse

Steel is now CNY5058... TP 40 - 42 sen

Posted by IlmuKhodam > 2022-04-12 12:25 | Report Abuse

Mycron moving..

Posted by TheContrarian > 2022-04-12 13:06 | Report Abuse

Go, go, go Mycron.

Posted by loneranger163 > 2022-04-12 16:14 | Report Abuse

harap2 mycron boleh touch 0.65 hari ni, sambung esok pulak

Posted by hoot9e996 > 2022-04-12 16:19 | Report Abuse

when you arent sure melewar up cause of mycron
or the other way round....

Posted by xytraders > 2022-04-12 21:03 | Report Abuse

limit up

Posted by VTrade > 2022-04-12 21:07 | Report Abuse

Cupper rebounding up
Keke....

Posted by Michael Kwok > 2022-04-13 00:01 | Report Abuse

Buy melewar q 41.5 cents.Sell at 50 cents range...

Posted by hoot9e996 > 2022-04-15 09:51 | Report Abuse

wah

Posted by utusminum > 2022-04-15 10:41 | Report Abuse

Privatization offer, offer price is at around 70 sen

Posted by vic_amat87 > 2022-04-15 11:51 | Report Abuse

Utusminum: how did u know privatization?

Posted by utusminum > 2022-04-15 13:23 | Report Abuse

Wait for suspension later..

Can't disclose too much info

Posted by MunChunxX > 2022-04-15 13:36 | Report Abuse

wait wat?? privitization ??

Posted by MunChunxX > 2022-04-15 13:36 | Report Abuse

are u fking serious can anyone say something about it ?

Posted by vic_amat87 > 2022-04-15 14:12 | Report Abuse

I heard mycron offer at rm1. But i think all are rumors, to pump that stock

Posted by utusminum > 2022-04-18 08:41 | Report Abuse

Today will be a good day for Melewar.... Announcement will be in this week...

Limit up at anytime soon

Posted by KingKoil > 2022-04-18 10:00 | Report Abuse

Accumulation

Posted by TheContrarian > 2022-04-18 10:07 | Report Abuse

Mycron pulling up Melewar.

Posted by BursaMaster121212 > 2022-04-18 10:18 | Report Abuse

should not chase Mycron since it up so much adi, should buy Melewar...it owns 75% of Mycron...and soon will follow Mycron limit up

Posted by TheContrarian > 2022-04-18 10:21 | Report Abuse

Melewar might privatize Mycron at RM1.

Posted by BursaMaster121212 > 2022-04-18 10:46 | Report Abuse

what i heard is close to its net asset value...so offer price is 1.4...

if lower than that, no one will accept

still got a lot of upside ...

Posted by TheContrarian > 2022-04-18 10:55 | Report Abuse

Then go buy Mycron.

Posted by utusminum > 2022-04-18 13:19 | Report Abuse

Subsi up a lot adi, go for both

Posted by mm310 > 2022-04-19 23:08 | Report Abuse

the momentum still good, hope this week will rise to 0.5

Posted by RAbbit494 > 2022-04-20 00:50 | Report Abuse

peluang naik esok memang ada hanya melepasi 460 atau jatuh kembali merah atau bertahan 455 . apapun hold pasti akan lepasi 500 tak minggu ni minggu depan . merah beli hijau tunggu masanya terbang pasti akan tiba .
good luck

hanya berbicara di waktu lapang
maaf jika ada silap kata

Posted by KingKoil > 2022-04-23 21:00 | Report Abuse

Commodities theme now.

Posted by Amzar007 > 2022-04-28 17:19 | Report Abuse

I don't know what is wrong with this counter. Other steel counters are moving uptrend, but this counter are moving backwards.

Posted by TheContrarian > 2022-04-28 17:44 | Report Abuse

Melewar is a holding company steel counter. All its steel business is done via Mycron.

Posted by nono_hardi > 2022-05-13 14:39 | Report Abuse

=.= pray for you then

Posted by ket4212 > 2022-05-14 08:50 | Report Abuse

tuesday will gap up

Posted by Gold_Ticker > 2022-06-01 12:35 | Report Abuse

<Attention>: 0.340 cents; Resistance hover. Low bounce. | 20220531_093550

Posted by fairyz > 2022-06-16 10:58 | Report Abuse

It seems all gloom for steel counters?

Inflation hence less demand?


MST’s products are widely used in the construction, furniture, automotive, bicycle, and engineering industries.

Posted by thesteward > 2022-06-27 12:16 | Report Abuse

If can break 31 then could fly

Posted by IlmuKhodam > 2022-06-29 21:06 | Report Abuse

Son giving 3cent div to mother.

Posted by imvu > 2022-10-05 05:41 | Report Abuse

0.240 / -wb 0.045 masih dalam area kutip kutip , apa lagi kutip kutip sampai billionaire !

Posted by hoot9e996 > 2022-11-21 15:06 | Report Abuse

masteel flying, come on melewar your turn!!!

Posted by hoot9e996 > 2022-11-21 15:10 | Report Abuse

ok warrant got fly good enough :)

Posted by Tiger I > 2022-11-21 16:43 | Report Abuse

Somebody start accumulating

Posted by Tiger I > 2022-11-23 16:07 | Report Abuse

come on start the engine

Posted by hoot9e996 > 2 months ago | Report Abuse

broom broom

Posted by hoot9e996 > 2 months ago | Report Abuse

engine warming up..........
soon go BROOOOM
lets hope not BOOM down haha

Posted by AlexChiaWS > 2 months ago | Report Abuse

Steel rebar futures rose past CNY 4,060 per tonne in January, the highest since late August, supported by expectations of higher demand and signs of tight supply. Iron ore costs in China jumped as cargo surveyors flagged a sharp decrease in shipment volumes from major producer Brazil, leaving blast furnaces scrapping for the steel-making ingredient.

"article from Trading Economics"

Trade at your own risk.

Posted by Superb99 > 1 month ago | Report Abuse

So good prospects, why price keeps dropping, Mr Alex?

Posted by AlexChiaWS > 1 month ago | Report Abuse

Steel rebar futures are trading around CNY 4,006 per tonne (yesterday price) , down from the six-month high of CNY 4,180 touched on January 30th after a survey of post-Lunar New Year inventories of steel products in China showed a significant increase.

"article from Trading Economics"

Trade at your own risk.

Posted by TCH1186 > 2 weeks ago | Report Abuse

this will go higher in a month. hold your portfolio!

Posted by TCH1186 > 2 weeks ago | Report Abuse

me no joke liao. heh heh

Posted by AlexChiaWS > 1 week ago | Report Abuse

The tailwinds is pointing to a good direction for steel related counters.
Last QR (Sept to Dec), the steel was priced at:
Sept CNY 4000
Nov CNY 3500 (dropped)
Dec. CNY 3900 (recovering)
Basically all steel related company QR was bad.

Jan'03 CNY 4100
Feb CNY 4200
as of 14 Mar CNY 4339
Practically, next QR forecast should be better.

Trade at your own risk

Posted by AlexChiaWS > 1 week ago | Report Abuse

Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin were near $130 per tonne, approaching the eight-month high of $133 touched on February 21st as investors remain optimistic about Chinese demand this year.

Steel rebar futures rose above CNY 4,300 per tonne in March, the highest in eight months, on optimism of higher demand from China as the country enters peak construction season and is set to announce more fiscal support. The Chinese government announced a 5% growth target for this year during its National People’s Congress session, paving the way for more stimulus for infrastructure. Meanwhile, supply remained tight as major steel production hub Tangshan was forced to extend its production halt in response to heavy pollution. Also, steel mills were forced to make higher bids for iron ore since adverse weather in top iron ore producers Australia and Brazil limited shipments.


"article from Trading Economics"

Trade at your own risk.