Posted by Good_Trader > 2016-11-14 16:48 | Report Abuse

angry .. get mad

Posted by Ven Felix > 2016-11-14 17:12 | Report Abuse

Haha! Correction accomplished, why worry ?
Should cheers if u can buy low.
C u again at 0.630 :)

Posted by projecti2016 > 2016-11-14 17:14 | Report Abuse

Waiting for 0.60!

Posted by nakamura > 2016-11-16 10:18 | Report Abuse

so what is the issue now? stuck already

Posted by Good_Trader > 2016-11-16 10:21 | Report Abuse

if today down, gone case from chart view. please make sure it up

Posted by Good_Trader > 2016-11-16 11:25 | Report Abuse

cry cry cry

Posted by 8wpwtmt8 > 2016-11-17 22:49 | Report Abuse

At Melewar Company level, its 71.51% controlling share holdings in Mycron Steel Berhad has witnessed a sharp increase in market price and volume recently. Whilst we cannot be certain that the aforementioned is the cause of MIG’s rise in share price and volume, it does offer a possible connection.

(UMA explaination dated 14 Sep 2016)

Can this happen again this round?

Posted by Koay Yi Chuan > 2016-11-17 23:50 | Report Abuse

Just waiting for this to happen :p It can go up 20%++ in a day. Just wait for the pressure cooker to continue building up and wash out the would-be sellers.

Posted by Koay Yi Chuan > 2016-11-18 11:04 | Report Abuse

Melewar's discount to its stake in Mycron reached another new high of 43.4%. What kind of mis-pricing is this?

Posted by catalan > 2016-11-18 14:45 | Report Abuse

sold. ... realized profit first...

Posted by runnerman > 2016-11-18 15:06 | Report Abuse

Result sure good...rm 0.8 tp...

Posted by John Lu > 2016-11-18 21:52 | Report Abuse

No problem, 主力资金还在

Posted by VenFx > 2016-11-18 22:02 | Report Abuse

雾蒙蒙 如何 氣呵成 一举破 障法?

Posted by John Lu > 2016-11-18 22:04 | Report Abuse

主力58c进场很多， 等待Quarter Result

Posted by John Lu > 2016-11-18 22:08 | Report Abuse

钢铁板是目前最火热

Posted by VenFx > 2016-11-18 22:09 | Report Abuse

上有 特兰普 家有 垃圾, 一举得直 靠 2.0

Posted by John Lu > 2016-11-18 22:27 | Report Abuse

VenFx, melewar等待快马加鞭 (wave 3)

Posted by bull8888 > 2016-11-23 11:46 | Report Abuse

who is the daugther

Posted by catalan > 2016-11-24 09:14 | Report Abuse

The technical trend doesn't look good...

Posted by VenFx > 2016-11-25 00:12 | Report Abuse

钢铁价格快讯
http://steel.100ppi.com/kx/

( Margin Widening up, with China CRC Tested new year high )
24/Nov/2016

[ 热轧板卷 - HCR ] 为 RMB 3290.71元/吨
[ 冷轧板 - CRC ] 为 RMB 4381.11元/吨

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

Industry players are wacthing closely, as genuinely domestic orders from sept - Dec 2016 starting to flow in since 'Anti dumping Tax' imposed from Sept16 ; expecting during qtr ending Dec16 revenues are from a blending of postponing pre-order and restocking activities.

However, if sales gradually push up starting from the Qtr of Jan-March 2016, will be more encoraging to Steel sector .In another word, genuinely domestic demand will lift up furthur the steel price.

If that happen, STEEL will be in real hot again back by the solid demand at home front . I'm expecting the ' Next Big Wave ' to be somewhere after March- April 2016 . It might come earlier if the international price going up too drastically.

Juz my 2 cts :)

Posted by pc007 > 2016-11-25 11:18 | Report Abuse

Start moving today after sleeping for last few weeks....qr good????

Posted by Kong Ming > 2016-11-25 15:02 | Report Abuse

next week rampage ??? hehehe

Posted by VenFx > 2016-11-26 12:11 | Report Abuse

AN BRIEF SELF EXPLANATORY TO MELEWAR 71% OWNED SUBSIDIARY - MYCRON
http://www.seaisi.org/News/5763/Rebound+on+Mycrons+strong+earnings

Improving plant efficiency at Mycron Steel - ABB ( u may interested to read this )
https://library.e.abb.com/public/ef9b484c6dca4c8b8d95f867e8a57d81/Improving%20plant%20efficiency%20at%20Mycron%20Steel.pdf

Posted by VenFx > 2016-11-26 13:32 | Report Abuse

[ Partially crop & paste from Melewar A.r.2016 -Page No. 10 ]

The Group’s power associate has subsequent to the close of the current financial year concluded an agreement to dispose the existing power operation, and the Group would be expecting some settlement of book receivables by the associate in the near term.The Group’s
power associate is also expected to resolve the divestiture of the power development rights under SIPCO 2 that will uplift security pledges in the near term. (See Note 30 to the financial statements). All these should augur well for the Group.

Posted by VenFx > 2016-11-27 02:51 | Report Abuse

My wild guess for coming 3rdQtr16 Eps are :
a. Melewar : 3.70cts
b. Mycron is 4.78cts
Could above results Surprise the upside ? :)

Posted by MOTOHO > 2016-11-28 07:08 | Report Abuse

QR today?

Posted by VenFx > 2016-11-28 16:07 | Report Abuse

TIME FOR SAILANG .

Posted by 张天师买股票 > 2016-11-28 16:12 | Report Abuse

一次清枱，还是被清扫？但我还是相信财富巫师的分析，这公司大有可为，只要Mycron能交出好成绩，母公司肯定可以飞天。

Posted by 张天师买股票 > 2016-11-28 16:13 | Report Abuse

Calvin陈的对Masteel推荐就实在是惨不忍睹，完败收场。

Posted by VenFx > 2016-11-28 16:14 | Report Abuse

@ 张天师买股票 , me burn countless night candles to study Melewar family.
In long run , sure win.

Posted by birkincollector > 2016-11-28 18:35 | Report Abuse

Omg negative?!

Posted by Jon Choivo > 2016-11-28 18:47 | Report Abuse

Haha die liao.

Posted by Annetan > 2016-11-28 18:49 | Report Abuse

I would rather abstain from NS royal family's counter.

Posted by isaacnz > 2016-11-28 18:49 | Report Abuse

siao liao

Posted by John Lu > 2016-11-28 18:50 | Report Abuse

Alamak!!!

Posted by VenFx > 2016-11-28 18:54 | Report Abuse

Wtf, Engineering div. Is the pull factor.

Posted by asiv92 > 2016-11-28 18:58 | Report Abuse

die ah tomorrow?

Posted by Alex Lim Jun Xiong > 2016-11-28 18:59 | Report Abuse

Someone please help me to push up Melewar share price tomorrow !!!
I want to set my sell queue now.
=(

Posted by MuttonCurry > 2016-11-28 19:01 | Report Abuse

Not many Taliban/Pas investor nowadays lah

Posted by MuttonCurry > 2016-11-28 19:02 | Report Abuse

who are willing to commit financial suicide

Posted by VenFx > 2016-11-28 20:38 | Report Abuse

Myron has been retreat from $1.20 - 1.10 (-10cts) ;The Mother retreat as much as $0.660 - 0.525 (-13.5cts)What the heck !!!
Should fire the Whole Engineering division .

Posted by Mohd Fahmi Bin Jaes > 2016-11-28 20:40 | Report Abuse

net profit negative.

SELL

Posted by PlsGiveBonus > 2016-11-28 20:46 | Report Abuse

Tomorrow gap down 20%...

Posted by PlsGiveBonus > 2016-11-28 20:53 | Report Abuse

The already weak outlook of the domestic economy has been knocked down a few notches due to anticipated policy changes of the new US administration from its recently concluded 58th presidential election. Anticipated impact from policy changes affecting yields and a stronger USD, coupled with the negative global spotlight on myriad of domestic issues, knocked the already weak Ringgit to unprecedented low levels- which does not bode well for the country. Foreign capital flight aside, the badly shrunken Ringgit further pushes up costs, erode wealth, increases debt service obligations of the nation’s foreign debts, and increases its sovereign credit risk.
Specific to the Group’s steel businesses, the ramifications of the above-mentioned are generally negative. Besides the weak Ringgit which increases the landed cost of imported raw materials, Hot Rolled Coil prices in USD also saw sharp increases by more than 15% in the early 2nd quarter following the sharp increase in coking-coal prices by more than 70% over the current quarter. Even-though the Group’s steel businesses’ financial performance is not directly correlated with steel prices, such sharp movement in prices may affect demand and erode margins in the near-term. The acceleration of cost pushed inflation translates to higher production and operation cost which in the near-term may also erode margins. On the positive side, the wide industrial applications of the Group’s flat steel products provide a relatively stable demand base –as the ‘end consumer’ output may benefit from the weaker Ringgit in export markets. On-going and planned mega infrastructural and construction projects in the country will also continue to provide a strong support for local steel demand.
The Engineering segment’s negative contribution to the Group will likely persist for the remaining financial year, as the engineering subsidiary gives focus on completing its contractual work obligation within the revised cost budget which contributed to the onerous contract’s significant loss provisions to-date.
In conclusion, the Group’s prospect outlook for the remaining of the current financial year is generally negative principally due to the Engineering segment’s negative contribution. The engineering subsidiary is engaging the client to seek variation claims, and any positive resolution arising from the aforementioned may improve the prospect of the Group for the remaining financial year.

Posted by calvintaneng > 2016-11-28 20:57 | Report Abuse

Posted by PlsGiveBonus > Nov 28, 2016 08:46 PM | Report Abuse

Tomorrow gap down 20%...

Whoa! You have just highlighted what I also wanted to share!

Already warn all those who keep Flat steel will fall flat on their faces later. Now Company has explained very clearly. Mycron's good result is also one off. Same for CscSteel.

So everybody, please take care.

Posted by VenFx > 2016-11-28 21:06 | Report Abuse

Save your crap Calvin.
I don't believe u have any required knowledge in the field.
If u are so good, your porfolio will not end up in -60% .

U should take a real look on them.

Posted by VenFx > 2016-11-28 21:12 | Report Abuse

Bottom down, Melewar still has Mycron to bail it out.
Once, the owing from associated paid Melewar will return to its path.

Posted by calvintaneng > 2016-11-28 21:17 | Report Abuse

Posted by VenFx > Nov 28, 2016 09:06 PM | Report Abuse

Save your crap Calvin.
I don't believe u have any required knowledge in the field.
If u are so good, your porfolio will not end up in -60% .

U should take a real look on them.

Calvin replies:

My portfolio lost 60%?

You are so clever!

How come I also don't know?

Only thing is I only invested 3% of my Capital in Bursa.

And all that is my extra profit.

So how to lose monies when My Original Capital in elsewhere?

Posted by asiv92 > 2016-11-28 22:20 | Report Abuse

maybe he meant your bursa portfolio??

Posted by Benjamin_8888 > 2016-11-28 22:26 | Report Abuse

Calvin have you visited cscsteel factory before?