Posted by OTB > 2021-11-02 13:07 |

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Posted by OTB > 2021-11-02 13:16 |

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Posted by OTB > 2021-11-02 13:18 | Report Abuse

Dear Philip,

Please read all my aforesaid articles, I need your comments.
Thank you.

Posted by MoneyMakers > 2021-11-02 13:21 | Report Abuse

Focus back on fundamentals - coal/iron price just crash 30%/15% yesterday

Posted by MoneyMakers > 2021-11-02 13:22 | Report Abuse

Waiting nxt steel price crash

Posted by UlarSawa > 2021-11-02 13:23 | Report Abuse

Prices under pressure

The modest rebound in steel production through mid-October has failed to lift steel prices, which have remained on a downtrend since the start of the month, mostly due to sluggish demand, market participants said.

Domestic rebar and hot rolled coil prices both fell 2% from Oct. 8 to Yuan 5,875/mt and Yuan 5,740/mt, respectively, Oct. 12.

Some traders in Beijing, Shanghai and Guangzhou said construction steel demand in September and October turned out to be weaker than a year earlier, and any further improvement in demand in Q4 was expected to be limited by a slowdown in the property sector.

China has tightened credit to the property sector since late 2020 in a move aimed at deleveraging the sector, which led to a 3.2% year-on-year decline in property new home starts over January-August.

Some flat steel traders said demand from the manufacturing sector had been battered since September by both the power rationing and soaring commodity prices and steel production could remain lower than a year ago throughout Q4, while the outlook for steel demand was similar.






However, while steel output cuts in northern China will continue until March 15 next year under a "winter output cuts" program aimed at reducing winter smog, mills in other parts of the country are expected to return to normal production levels in December or January once their output cut requirements for 2021 have been met, sources said.

Posted by Tobby > 2021-11-02 13:26 | Report Abuse

Yeah, US abolish steel tariff because they need more steel! What, you think they simply abolish the tariff for nothing! Decision is yours, there's steel shortage just like chip shortage!
I already bought 63 cents and 57 cents! And i just add more today!

Posted by UlarSawa > 2021-11-02 13:31 | Report Abuse

Actually US want to gang with EU to fight China lah. They cannot win the price war no choice dont want to import from China and accused China polluting the world and dumping Cheap steel into the market lah. US style mah. You. dunno kah. Correct?



Posted by Tobby > Nov 2, 2021 1:26 PM | Report Abuse

Yeah, US abolish steel tariff because they need more steel! What, you think they simply abolish the tariff for nothing! Decision is yours, there's steel shortage just like chip shortage!
I already bought 63 cents and 57 cents! And i just add more today!

Posted by Tobby > 2021-11-02 13:33 | Report Abuse

It's no brainer we will see steel theme next year!

Posted by Tobby > 2021-11-02 13:33 | Report Abuse

You are looking at 1000% returns!

Posted by Want2MakeMoney > 2021-11-02 13:36 | Report Abuse

@Tobby - I also think so , US abolished tariff because need more, wouldn't do something without self interest

Posted by MoneyMakers > 2021-11-02 13:37 |

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Posted by MoneyMakers > 2021-11-02 13:47 |

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Posted by MoneyMakers > 2021-11-02 13:47 | Report Abuse

Commodity price alrdy reflection of supply/demand..when price crash, means supply-demand normalising

No need BS whatever project expenditure figure etc..means nothing

Posted by Johnchew5 > 2021-11-02 14:00 |

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Posted by Johnchew5 > 2021-11-02 14:01 |

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Posted by Johnchew5 > 2021-11-02 14:03 |

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Posted by emsvsi > 2021-11-02 14:05 | Report Abuse

Dear Mr Ooi Teik Bee,

You must understand, steel stocks may or may not rise. However what is proven time and time again is that the steel sector is highly cyclical and subject to one-offs. All the institutional Domestic and Foreign funds know this (these are all large and long-term funds, who essentially determines the share price)

What is not one-off is Gaming. After all, gambling is human nature and is as old as Man himself.

In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.

As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history

1971 Genting Highlands Opens
2021 50 Years of History and Growth

2009 Global Financial Crisis
2020 Covid-19 Pandemic

2009 Year of the Ox
2021 Year of the Ox

2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens

2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????

History always repeats itself

Sincerely,
emsvsi

Posted by Johnchew5 > 2021-11-02 14:05 |

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Posted by Johnchew5 > 2021-11-02 14:17 |

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Posted by Johnchew5 > 2021-11-02 14:19 |

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Posted by winwin88888888 > 2021-11-02 14:41 | Report Abuse

Hahahaah~ lets see hiaptek today break 0.65? $$

Posted by MoneyMakers > 2021-11-02 14:47 | Report Abuse

Hoho kon john come hardsell even when coal/iron price crash 30%/15% yesterday

Come spin2

Posted by MoneyMakers > 2021-11-02 14:47 | Report Abuse

Want kon people also wait when steel price up lo..easier to spin

Posted by Johnchew5 > 2021-11-02 14:49 |

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Posted by Johnchew5 > 2021-11-02 14:51 |

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Posted by Johnchew5 > 2021-11-02 14:53 |

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Posted by Johnchew5 > 2021-11-02 14:59 |

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Posted by Johnchew5 > 2021-11-02 15:02 |

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Posted by MoneyMakers > 2021-11-02 15:04 | Report Abuse

Aiyoyo kon john still dreaming price 0.65..alrdy break last week leh after steel price crash

Posted by Johnchew5 > 2021-11-02 15:05 |

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Posted by Johnchew5 > 2021-11-02 15:08 |

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Posted by VincentTang > 2021-11-02 15:13 | Report Abuse

China rebar price crash, drop 8% today to rmb 4230. Sorry, I run first.

Posted by Jhau65 > 2021-11-02 15:15 | Report Abuse

Yes...china rebar crashing below previos low.

Posted by SpartanXoXo > 2021-11-02 15:15 | Report Abuse

habis, hype is over...

Posted by Hilmi22 > 2021-11-02 15:16 |

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Posted by Johnchew5 > 2021-11-02 15:18 |

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Posted by MoneyMakers > 2021-11-02 15:26 | Report Abuse

Super low volume..lowest in 2months++..game over

Posted by MoneyMakers > 2021-11-02 15:27 | Report Abuse

Waiting steel price crash 50% like iron/coal

Posted by Johnchew5 > 2021-11-02 15:32 |

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Posted by UlarSawa > 2021-11-02 15:33 | Report Abuse

Facts a d Figures promoter so hard working ke. Dah tabur benih mau jadi milionaire ke. Every sen 5 digits macam money drop from the sky ke or Hiaptek ni Money tree ke.. Goncang Goncang the tree become millionaire ni. Correct?

Posted by awankign007 > 2021-11-02 15:36 | Report Abuse

https://tradingeconomics.com/commodity/steel

Price still cant go up. GG

Posted by awankign007 > 2021-11-02 15:37 | Report Abuse

TESLA is the best.. Going up everday. Huhu

Posted by Johnchew5 > 2021-11-02 15:39 | Report Abuse

Steel Rebar Futures - (SRRc1)
Real-time derived
Add to Watchlist

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Posted by Johnchew5 > 2021-11-02 15:42 |

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Posted by MoneyMakers > 2021-11-02 15:43 |

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Posted by MoneyMakers > 2021-11-02 15:45 | Report Abuse

Lowest volume in almost 3 months..volume gone..goreng over..dump start

Posted by Johnchew5 > 2021-11-02 15:50 |

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Posted by Johnchew5 > 2021-11-02 15:51 |

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Posted by Johnchew5 > 2021-11-02 15:52 |

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