Posted by koyokui > 2013-07-18 09:24 | Report Abuse

price hit 2006 around price.people who dump might loss

Posted by koyokui > 2013-07-18 09:56 | Report Abuse

waiting at 0.265 back.will buy and hold

Posted by Investwise > 2013-07-18 09:58 | Report Abuse

so should i sell? haiz.. what a suck counter?

Posted by barcelona > 2013-07-18 10:02 | Report Abuse

what happen?? What a stupid counter! suddenly drop 18%....

Posted by barcelona > 2013-07-18 10:09 | Report Abuse

anyone know what happen? can share?

Posted by barcelona > 2013-07-18 10:09 | Report Abuse

Stupid Maybank strongly recommend this counter.

Posted by eftee > 2013-07-18 10:27 | Report Abuse

From what I read MIDF lowered target price to 26 sen.

http://klse.i3investor.com/servlets/ptg/5060.jsp

Posted by barcelona > 2013-07-18 10:28 | Report Abuse

i sold all my stock 0.275, to cut lose.. Very stupid counter

Posted by Choon Ping Yeoh > 2013-07-18 11:27 | Report Abuse

steel industry very hard...I heard that our Electricity cost too high compare with others country

Posted by Pita Mittis > 2013-07-18 11:33 | Report Abuse

what happen ah, should i sell

Posted by Pita Mittis > 2013-07-18 11:33 | Report Abuse

any news

Posted by Pita Mittis > 2013-07-18 11:45 | Report Abuse

panic sell already

Posted by kcfan > 2013-07-18 12:22 | Report Abuse

（吉隆坡17日訊）大馬債券評估機構（MARC）最近調低錦記鋼鐵（KINSTEL，5060，主板工業產品組）債信評級，由“投資級”調低至“非投資級”，MIDF研究認為這可能促成潛在債券違約與被列PN17公司緊迫窘境，調低其評級與目標價。
分析員調低錦記鋼鐵評級，由“中和”調低至“售出”評級，目標價由41仙調低至26仙。（星洲網）

Posted by back2biz > 2013-07-18 13:01 | Report Abuse

The news is at....http://www.btimes.com.my/Current_News/BTIMES/articles/JABUST/Article/

Posted by cathyee > 2013-07-18 15:31 | Report Abuse

got any hope from this stock ? oh...my worth....

Posted by francis5566 > 2013-07-18 16:47 | Report Abuse

izzit got hope

Posted by cathyee > 2013-07-18 17:03 | Report Abuse

yes??

Posted by oily gassy > 2013-07-18 21:37 | Report Abuse

Analyst are negative and have downgraded this stock.Owners on the other hand are confident of honouring the debt re-oayment schedule.Let's see who prevail.

Posted by trump2013 > 2013-07-19 08:25 | Report Abuse

Perniagaan Kin Kee Sdn Bhd, which is linked to Kinsteel's managing director Tan Sri Pheng Yin Huah, has been a net seller of Kinsteel shares over the past two months.

Filings to Bursa Malaysia show the company now has a 3.86 per cent direct stake from 4.25 per cent in May and a 28.96 per cent indirect stake from 30.6 per cent previously.

still more to sell?

Posted by Kim_Oo > 2013-07-19 09:57 | Report Abuse

Can buy in now??

Posted by denture > 2013-07-19 12:58 | Report Abuse

If the directors are confident, they will sure buy back the shares that they dumped for the past few weeks. Hold your horses !

Posted by hng33 > 2013-07-19 15:00 | Report Abuse

I think the share is overdone, the news regard to the MTN bond repayment is not complete as Kinstel has secure bondholder approval to waive the security deposit

Posted by anbz > 2013-07-20 00:45 | Report Abuse

again Tan Sri Dato' Sri Pheng Yin Huah has on 19 july disposed 568,700 units ...something fishy is on the move...and moreover the transfer of shares before that might be one way to disposed it in silence mode without needing any announcement...this method has been use frequently in bursa...by the way, losses in 2012 of RM 102m and losses in 2011 of RM 132 m and losses of RM 35m in 2010...plus losses in 2013 for the 1st quarter of RM 8.5 m ...are all not small deals...maemode in the making...would it come to RM 0.085 just like maemode...why not? many steel company in the world with multiples of calibre against kinsteel , has went bankrupt...one of the big reason is when steel and iron are in hot demand , they expand extremely their biz without any thoughful consideration...now they must pay...if i'm one of the majority shareholder.. i will certainly dispose most of my possession and buy back a crazy discount...this can be done easily...watchout

Posted by hng33 > 2013-07-20 10:07 | Report Abuse

股价创6年新低　锦记筹备赎回债券

受到债券评级被下调困扰的锦记钢铁（KINSTEL，5060，主板工业股），股价今日跌至6年半新低，该公司首席执行员方振源接受《东方財经》电访时称，仍会致力確保在9月份届满期限赎回其Murabahah中期票据。

他也强调，该批票据在9月份才到期，目前公司正积极筹备赎回行动。

大马债券评估机构（MARC）日前將锦记钢铁的伊斯兰债券评级，从原有的BB+，下调至BBB-。其债券评级也从投资级別，下降至非投资级別。目前，该公司有1亿令吉的Murabahah商业票据/中期票据，以及1亿令吉的Murabahah中期票据。

下调评级的行动主要是因为该公司没有根据要求，在7月6日之前將一笔500万令吉，供赎回其中期票据届满的用途的资金，存入金融服务储备帐户。这引起违约的担忧，MIDF研究分析员週三的报告指出，若这样的情况出现，锦记钢铁將陷入PN17。

在接受电访的当下，方振源表示未看到有关的报告，对內容不知情。不过，他也强调，有关票据在9月才到期，公司目前已经积极准备，以便进行赎回行动。

针对大马债券评估机构下调锦记钢铁伊斯兰债券的评级，他表示：「这或许是基于国际钢铁市场目前低迷的情况才做出的决定。目前中国的需求出现滑落，加上许多的中国钢铁也开始流入国际市场。这是整个钢铁领域所面临的挑战，並非仅仅是我们而已。」

无论如何，他相信国內需求仍可为其作出支撑。另外，方振源也敦促政府控制钢铁进口，并重视此问题。

锦记钢铁週四股价共挫5仙，或15.15%，收报0.28令吉。对此，方振源相信股价滑落的情形只会是短暂的。另外，他认为投资者可自行分析，并表示不会对此做出太多的评论。

锦记今日有4025万5200股易手是全场第4大热门股。

Posted by oily gassy > 2013-07-20 13:39 | Report Abuse

hng33 is the news you posted in Chinese positive or negative.Hope you can share

Posted by hng33 > 2013-07-20 16:25 | Report Abuse

The news just help clarify the situation that it is unlikely that kinstel will default the loan repayment as oppose to MIDF report.

Posted by oily gassy > 2013-07-20 17:39 | Report Abuse

Thks hng33

Posted by hng33 > 2013-07-20 22:49 | Report Abuse

股权转移　方天兴没卖锦记

（吉隆坡20日讯）锦记钢铁（KINSTEL，5060，主板工业股）否认其董事经理丹斯里方天兴及执行董事拿督方天福减持该公司股权的报导。

在这之前，有媒体报导方天兴及方天福减持锦记钢铁股权。

锦记钢铁发出文告否认方天兴及方天福卖股，並表示，大马交易所官网过去一个月所显示的文告，並不是两名董事脱售手中股权，而是將方氏家族所持有的锦记控股私人有限公司及Perniagaan锦记私人有限公司的股权，转移给方天兴及锦记钢铁首席执行员拿督方振源。

值得注意的是，该批股权转移并没有对方氏家族在锦记钢铁的总持股率造成显著影响，因方氏家族仍是锦记钢铁的大股东。

针对该公司目前所面临的流动资金状况，管理层正探討及实行可行的解决方案。另外，管理层也正与评级机构及债券持有人就该公司的最新进展进行洽谈。

锦记钢铁相信，一旦其子公司——柏华嘉钢铁私人有限公司的球团厂（Pelletizing plants）可在2013年末季全面竣工，并在2014年开始营运，则锦记钢铁的整体营运效率將可获得提升，进一步达至节省成本效应及改善现金流和净利。

大马债券评估机构（MARC）日前將锦记钢铁的伊斯兰债券评级，从原有的BB+，下调至BBB-；其债券评级也从投资级別，下降至非投资级別，导致该股在上周四挫跌，並写下6年新低。

债券评级被下调的原因是该公司没有根据要求，在7月6日之前將一笔500万令吉，供赎回中期票据届满的用途的资金，存入金融服务储蓄账户。这引起了违约的担忧。

然而，方振源在周四接受《东方財经》电访时称，仍会致力確保在9月份届满期限赎回其Murabahah中期票据。

Posted by oily gassy > 2013-07-21 22:17 | Report Abuse

http://www.thesundaily.my/news/776093

Posted by hng33 > 2013-07-22 09:29 | Report Abuse

Bought APFT-WA at 10sen

Posted by oily gassy > 2013-07-22 21:46 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/07/13/Abu-Sahid.aspx

Posted by oily gassy > 2013-07-22 22:32 | Report Abuse

http://www.theedgemalaysia.com/business-news/247071-update-shake-up-in-kinsteel-and-perwaja-abu-sahid-retires-as-chairman-.html

Tan Sri Abu Shahid, Chairman of both Perwaja and Kinsteel retires.

Posted by anbz > 2013-07-22 23:24 | Report Abuse

and today the tan sri disposed more...glupp

Posted by oily gassy > 2013-07-23 00:01 | Report Abuse

A positive change due to an able replacement as new Chairman.expect the price to rise above 30 sen

Posted by denture > 2013-07-23 18:22 | Report Abuse

What do you expect? You think the Pheng family will tell you the truth "Hey, we are selling too, if you hold my Kinstel, dump faster ! Bo chow !! "

Posted by bhtan > 2013-07-23 22:48 | Report Abuse

this kinsteel still walk or run? y today not see movement?

Posted by anbz > 2013-07-23 23:38 | Report Abuse

big story with the sultan of pahang..i guess tomorrow they will dump so so so much u cannot imagine...except this is bursa, sure boleh imagine

Posted by datuk > 2013-07-24 09:14 | Report Abuse

kinsteel, kinsteel......gua ai ni !!!!

Posted by bhtan > 2013-07-24 09:42 | Report Abuse

yesterday below 0.30 right?

Posted by Josf Low > 2013-07-24 10:08 | Report Abuse

Kinsteel entered into a Mining Agreement with KDYMM Sultan of Pahang for the exclusive right to carry out mining operation at Kuala Lipis, Pahang Darul Makmur. The mining site 500.0 acres.

Pls refer to the bursa webpage announcement for more detail.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1358369

Posted by Jee Foh > 2013-07-24 10:28 | Report Abuse

kenanga more funny. previous TP 0.58 so high... after agreement 0.26 due to funding problem?

Posted by koyokui > 2013-07-24 11:29 | Report Abuse

nice. technical win

Posted by skoner > 2013-07-24 11:33 |

Post removed.Why?

Posted by skoner > 2013-07-24 11:34 |

Post removed.Why?

Posted by BBB79 > 2013-07-24 13:21 | Report Abuse

you are a man today, go go go...

Posted by anbz > 2013-07-24 23:31 | Report Abuse

haha as i expected , today the tan sri disposed 2,231,300 units, and on 19-22 july the 'datuk' sold 4.5 m shares...some people make profit today...but for how long? they keep disposing and the paper said " no, they're just transferring" sic

Posted by Muarmali > 2013-07-25 08:43 | Report Abuse

Dealings in security by directors before, during and after closed period. Another licensed koey teow goreng counter. I like it. :)))

Posted by Muarmali > 2013-07-25 08:55 | Report Abuse

This morning sure goreng kuat. :)

Posted by Muarmali > 2013-07-25 08:55 | Report Abuse

Open at 0.315.

Posted by Muarmali > 2013-07-25 09:02 | Report Abuse

Touch 0.32. Bau hangus dah...