Posted by moneySIFU > 2016-09-13 15:21 | Report Abuse

All steel stocks on my watchlist gone up today!!!

Posted by mbs7633 > 2016-09-13 15:27 | Report Abuse

CHOOBEE is another 0 debt + net cash counter. Bought small portion today.

Posted by moneySIFU > 2016-09-13 16:22 | Report Abuse

No worry, blackealge 1989, I can sell any time any date, thank you.

Posted by probability > 2016-09-13 16:57 | Report Abuse

appears like a very good closing

Posted by moneySIFU > 2016-09-13 17:03 | Report Abuse

Another happy day ＼（＾○＾）人（＾○＾）／

Posted by muscular > 2016-09-13 17:48 | Report Abuse

Mastel u oso wan to touch.. U dun know to write die word.. Their acc r manipulated.. Good luck

Posted by pang72 > 2016-09-13 17:49 | Report Abuse

Melewar and mycron are chasing each others to be champion....

Posted by pang72 > 2016-09-13 17:51 | Report Abuse

Congrats to all winner here...enjoy the profits. It is going to be extremely excited ...

Posted by $$$ 7777 > 2016-09-13 18:38 | Report Abuse

oh no ... money money money

Posted by ImCK > 2016-09-13 18:40 | Report Abuse

hiaptek also

Posted by probability > 2016-09-13 18:41 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/09/13/steel-stocks-in-focus-after-megasteel-ops-suspended/

Posted by wallstreet82 > 2016-09-13 18:44 | Report Abuse

I'm working at asset management division at one of the tier-1 investment banks in MY. Our fund manager started to look into steel counters, Mycron is a good option among the peers.

Posted by i4investor > 2016-09-13 18:50 | Report Abuse

news out, tmr sell on fact

Posted by WealthWizard > 2016-09-13 18:59 | Report Abuse

Most major theme play will last at least 3-6 months, if the results are above expectation, the play will prolong to another 3 months, it will continue until such time the valuation is no longer attrative or change in external factors or policies.

Posted by WealthWizard > 2016-09-13 19:05 | Report Abuse

Now is the time for test, let the profit run or lock in profit now?

Get on board or stay side line?

Try to analyse with facts and news as well as figures, don't just listen to anyone, including me. People say buy then buy & run then sell, like that life will be very tough.

Posted by WealthWizard > 2016-09-13 21:32 | Report Abuse

The fact is:

When quarterly result was out, many said result was poor by looking at the surface, never dig inside to figure out what was going go.

The fact was the share price keep going down from RM0.48 to RM0.44 the whole week after result was out.

So, try to capitalise what people don't want and get the most out of it.

Also, you must know where is your destination when winning, surely you don't want to jump out of the bus at Tanjung Malim if you want to go Penang.

It's ok to get on board at Bidor, because it is only half way.

As long as you don't get to the wrong bus to Johor instead of Penang, that's still fine.

Posted by probability > 2016-09-13 21:37 | Report Abuse

wonder how easy it is to find a stock trading below PE 5.0 in the near future...with a positive upward trend.

Posted by Vizhai > 2016-09-13 22:34 | Report Abuse

continue UP also tomorrow.

Posted by muscular > 2016-09-13 23:00 | Report Abuse

Eps only 3sen?! Overplay.. Sell

Posted by Vizhai > 2016-09-13 23:03 | Report Abuse

Next result would be more than 3sen.

Posted by moneySIFU > 2016-09-13 23:08 | Report Abuse

If you think it is overplayed, please sell anytime.

If anyone need someone to be alerted to sell, please sell to lock in profit.

Price won't go up because we call it UP or down because anyone shout SELL.

It's normal to hear SELL/FALL/DOWN/DROP/CRASH at the forum whenever price up significantly, look at George Kent, Airasia, Gadang, Ajinomoto, KESM, Penta, list goes on.

Posted by moneySIFU > 2016-09-13 23:11 | Report Abuse

muscular, there are people think it was only eps 3 cents after the release of latest QR, the price was therefore down from RM0.48 to RM0.44.

There were another group of people see more deeply & discovered something in it, so the price is where it is now.

Posted by moneySIFU > 2016-09-13 23:13 | Report Abuse

Oh, may be you can challenge the figures shown at below article?

Huge Potential Upside for CRC Steel Producers: CSCSteel (+24%) & Mycron (+90%) (Part 2)
http://klse.i3investor.com/blogs/wealth123/103812.jsp

Posted by MuttonCurry > 2016-09-13 23:27 | Report Abuse

yakah ?

Posted by muscular > 2016-09-13 23:43 | Report Abuse

Huge potential? U bought at low px of course shouting to buy ger la.. Pity those whi chased high. Lionind oso one time favourite rm1.90.. Where is it now?!

Posted by moneySIFU > 2016-09-13 23:48 | Report Abuse

You are not answering my question, muscular.

Posted by moneySIFU > 2016-09-13 23:49 | Report Abuse

Who cares Lionxxx? All are rubbish companies now.

Posted by probability > 2016-09-13 23:53 | Report Abuse

According to Choo Bee CEO Mark Tan, Megasteel will normally charge RM400 to RM500 premium per tonne for HRC over international prices.

http://www.klsescreener.com/v2/news/view/81555

Does that means at current utilization of say ~200,000 ton per annum, x say 40% from Megasteel earlier, with ~ RM 450 per ton additional savings, translates to: 36M additional savings per annum??

Posted by moneySIFU > 2016-09-13 23:54 | Report Abuse

One more thing, I never ask anyone to buy, please read all my comments everywhere, I don't care who buy who sell.

In fact, I have been asking people to sell, as long as you are happy.

Posted by probability > 2016-09-13 23:56 | Report Abuse

Ex-convict muscle...please give your better recommendations la...no point keep on hantam every stock you see.....dont forget...this one steel stocks...you hentam...only your hand sakit nanti :(

Posted by moneySIFU > 2016-09-13 23:57 | Report Abuse

THANK YOU!!! Probability!!!

I overlook something, thanks for writing that comment.

Posted by probability > 2016-09-14 00:03 | Report Abuse

nevermind...hopefully WealthWizard comes with Part 4 later with all these estimation...who knows...he he..lets see! :)

Posted by moneySIFU > 2016-09-14 00:14 | Report Abuse

hahaha, that's sound interesting ┏(＾0＾)┛┗(＾0＾) ┓

Posted by strykerjunior > 2016-09-14 01:18 | Report Abuse

pls chase higher and wait for others to offload to you, you may end up holding on to a falling knife. Monday saved by public holiday. Tuesday was a light correction after overnight US gain. Today may be a different day altogether when US market lost all its gains yesterday and posted another bloodbath. Bear is stronger now. at least wait for the storm to settle before going out naked. my two cents

Posted by moneySIFU > 2016-09-14 01:35 | Report Abuse

Let's face it, today market dropped as low as -15pts, strykerjunior.

I don't understand what your mean by saved by public holiday on Monday, it saved then it should be UP???

Posted by moneySIFU > 2016-09-14 01:45 | Report Abuse

Let's see how it goes tomorrow then

Posted by KLCI King > 2016-09-14 09:14 | Report Abuse

After sold all my Airasia, I switched to Mycron because of moneySIFU. moneySIFU said unbelievable result when everyone shouted lousy results. Thanks.

Posted by Vizhai > 2016-09-14 09:15 | Report Abuse

Mycron still got room to rise?

Posted by Hotrod > 2016-09-14 10:02 | Report Abuse

Got ......... got room to drop

Posted by Alex Lim Jun Xiong > 2016-09-14 10:08 | Report Abuse

Baru buy at 95 cents, now left 88 cents.
=(

Posted by Vizhai > 2016-09-14 10:09 | Report Abuse

dont panic, rebounding now.

Posted by kfh16 > 2016-09-14 10:15 | Report Abuse

Doji formed at the top. Best to stay out for now

Posted by prince4 > 2016-09-14 11:05 | Report Abuse

rsi 86

Posted by WealthWizard > 2016-09-14 11:10 | Report Abuse

Choose the best option to you, to buy or to sell, don't just look at price, look at the business, the figures won't lie.

Invest within your ability & it is very difficult to time market, because it is like guessing behaviours of thousands of people.

Posted by moneySIFU > 2016-09-14 11:29 | Report Abuse

Agreed to WealthWizard, buy or sell within own capacity

Doing something beyond will sometimes either gain all or risk all, kind of dangerous stuff. I personally can't afford with that.

Posted by KLCI King > 2016-09-14 11:32 | Report Abuse

Half cup full or half cup empty, how you view it defines how's your life.

Rebound to gain more or rebound to escape, it decide how far you can go in investing life. GOOD LUCK

Posted by Mohd Fahmi Bin Jaes > 2016-09-14 11:43 | Report Abuse

FBM KLCI 1,662.19 -14.99 0.89%

Posted by probability > 2016-09-14 11:52 | Report Abuse

today morning...seems like brushing teeth UP & DOWN...& SIDEWAYS...
perhaps it shines afterNOON...with a bright SPARKLE:)

Posted by Vizhai > 2016-09-14 12:15 | Report Abuse

STEEL COUNTER IS THE mainstream now.

Posted by probability > 2016-09-14 13:18 | Report Abuse

not sure if Melewar rise phenomenon is due to rise in Mycron....just like Insas rose due to Inari 2 or 3 years ago.... I didn't investigate...but if it iss so...I will stick to Mycron (just like Inari).