Last time lionind is similar level with annjoo, choobee and others. but now it gone.. lets try at other steel counter. this lionind no longer can roaring already
Yes, Don Lee. The OPEX is high thou. Otherwise would have made more profit. Also Amsteel sales was cancelled. Else, another extra 200m? NTA went up to rm2 anyway.
Steel counters especially Choo Bee, Ann Joo will provide uptrend momentum for steel, aluminum sectors, Plus Alcom /2674 will also help in aluminum sector for positive price uptrend.
Haha, told you guys that this lion is no longer can roar. You guys don't believe. You guys saw ssteel qtr report?haha, the profit is way better than lion. Muahahaha
forget or no forget is depend on investor hahahha why so agressive , when have good price just collect slowly , then wait for steel price go up again ^^
China roar. Steel price over fry. Go up too much in short time. Manufacturing factory force to buy expensive steel. Cost up. Profit down. Fortory threaten to close shop. Chinese g't must say something. But demand for steel is actually at record high to fulfill order from oversea. Be patient la. When old order finish, new order come will be new price. That time price up hihi
China world biggest steel producer going to lessen steel export. Want to let Australia feel some pain. US recovery full steam. Biden let lose many billion to show china that america also can built highway n high speed rail. Steel price in US is record high. When the steel shortage get bad soon steel price here will up. India being an important steel producer is having covid holiday.
Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022
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tan soon hin la