I consider the depressed price of steel a temporary blip now that the government and BCG is trying to come out with a solution to China's steel dumping! Those buying in and have REAL holding power will really appreciate what they are holding today. Market gonna boom with so many Mega constructions after the GE. Interesting case study!
wow abang loh, almost see your comment at any sector.
I just finish the research on iron and steel sector, my conclusion is , it look very gloomy.. erm.. frankly i know almost nothing about this industry, but from number wise, i only manage to pick 3 among other, cscstel, emetall, lysaght, and this 3 didn't even look that impressive.
mega constructions or not, this sector still look very gloomy.. there 27 iron and steel company listed in bursa, not to mention those private steel company, competition is high, profit margin will be squeeze.
i could be wrong, pardon my 2 cents opinion la if im wrong hahaha
Yeah its gloomy now fat cat. Need the patience of Job! The comforting fact is government is not idle and trying to do something about it.
I am just kaypoh trying to find opportunity in every sector! But I am always attracted to blip and any opportunity that can make minimum 30% returns to hedge against inflation!
i belive gov would not let liondiv the biggest steal company to fail,it got 8000 employees and i belive in william cheng and at moment all consumer stocks all time high,i think next round will be steal stocks
when is the next round? god knows. might be few months or even few years later. the thing is nowadays the index is already quite high. better buy when it is low. after election would be a good time. btw liondiv is definitely not the biggest steel company in msia
Now year end, ppl will play stocks with their bonuses and then take profit n go holiday thereafter.... So lots of retailers coming in when market is hot. Quite normal to see lots of market activities.
When GE is still anyone's guess. Have to ask ah jib kor! And depending on who wins elections, market sentiments would react differently. Outlook for next year is still gloomy with so many negative external factors in US, Europe and China.
ya right... that only will happen if the bn cronies have stake in steel industry , the only reason why oil and gas sector get taxes deduction after budget is because O&G mainly dominated by them.
IJM would not buy scomi stake if they did not get the news earlier, and scomi will be left to dead on it own.
aiya.. i dont know la, but since i type so far, it would be a waste if i do not click ' save comment ' so wada heck..
I'm humble enough bro, but the person who keeps saying 'you'll regret if you dont buy, next year bursa will be how many points', and blah blah blah without any justification, is not.
my son i try to put money in your pocket in my history of stockmarket investment i made few millions last ten years althougt nowaday not much but i still a winner always follow winners and rich peoples
nelson the winner , let's not talk about next year 2013 yet , let's talk on the next 1 - 2 weeks market , which counter do u see light to prove that u really a lau cheaw . ...........
Ok. Here I'd like to declare to everyone that I'm definitely humble and not smartass, not like some self-proclaimed multi-millionaire. But then again, on the internet, nobody knows you're a dog.
yeah, you see, that's why I didnt listen to you, because you're just a millionaire. if you toll me you're a billionaire, I would have changed my mind. hehe
Wah so many unexpected arguement ... My style is margin of safety. Kinstel has MOS and I alrdy bought 30,000 at RM0.38 last Friday for short term and will sell it if above RM0.40.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
andyteng
457 posts
Posted by andyteng > 2012-10-12 15:19 | Report Abuse
yes,waiting q for 38c