MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

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Last Price

0.485

Today's Change

-0.005 (1.02%)

Day's Change

0.475 - 0.50

Trading Volume

257,100


3 people like this.

3,802 comment(s). Last comment by gorengkitty 4 days ago

ikanmasin

26 posts

Posted by ikanmasin > 2016-10-05 09:52 | Report Abuse

when the correction is going to end?

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-05 10:56 | Report Abuse

"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffett

ikanmasin

26 posts

Posted by ikanmasin > 2016-10-05 10:58 | Report Abuse

just have to wait patiently~ haha

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-05 11:06 | Report Abuse

Ultimately, I believe CSCsteel & Mycron will be the final winners among all steel players.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-05 12:17 | Report Abuse

Please don't promote other stock here, it is unethical.

i_investor

934 posts

Posted by i_investor > 2016-10-05 14:34 | Report Abuse

I am not qualified at all to promote the stock. Is calvintaneng promoting BPURI ! I found it attractive to multiply the quantity of stock with greater opportunity by converting MYCRON to BPURI as the stock BPURI he is promoting seems is on uptrend and MYCRON seems weakening these days.

nicky11

654 posts

Posted by nicky11 > 2016-10-05 14:46 | Report Abuse

Few days panic selling in this stock. Just wonder when it will be stable.

noah

408 posts

Posted by noah > 2016-10-05 18:44 | Report Abuse

what's the relation between MYCRON and the counter you mention?
if there is none, pls stop doing so.
go to that thread and shout buy for as long as you like...

eskaylien

84 posts

Posted by eskaylien > 2016-10-05 20:05 | Report Abuse

Based on the learned wealthwizard's post, Mycron is expected to earn RM63m profits this coming FY, which translates to EPS of 22sen or PE of less than 4 now.

Provided Megasteel remains closed, these earnings should be sustainable, if not grow moderately as Mycron gains market share through import substitution.

As the market realised that Mycron's earnings are sustainable, it might just ascribe a more normal PE of 8-10x. Hence price target RM1.70-2.20 over 1-2 years is not impossible.

probability

14,460 posts

Posted by probability > 2016-10-05 20:11 | Report Abuse

eskaylien...problem with people they dont believe all this figures till they see it...and they also dont realize if they wait till it happens they are already too late... to win market you must have an advantage over the others..

WealthWizard had 'presented' an advantage to all of us...many still have no maths ability of their own to convince them self with full certainty.

eskaylien

84 posts

Posted by eskaylien > 2016-10-05 20:43 | Report Abuse

probabbility.... this is normal. When there is more clarity on the fate of megasteel, and future release of another 1-2 quarters of good earnings, the share price will gradually reflect this.

pang72

49,611 posts

Posted by pang72 > 2016-10-05 22:28 | Report Abuse

time to rebound.......................it seen drop too much.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-05 22:41 | Report Abuse

Busy buying today at range of 0.825-0.84

pang72

49,611 posts

Posted by pang72 > 2016-10-05 23:44 | Report Abuse

good. wise move. it shall have strong rebound soon.tomorrow?

sengkee

2,060 posts

Posted by sengkee > 2016-10-06 00:06 | Report Abuse

Tomorrow rebound

Ikaztahkik

131 posts

Posted by Ikaztahkik > 2016-10-06 01:40 | Report Abuse

steel n aluminium counter up up up

Posted by Goodiinvestor > 2016-10-06 10:58 | Report Abuse

Amsteel by mycron !!!!

Posted by Goodiinvestor > 2016-10-06 11:15 | Report Abuse

Hope end of day got good news

nicky11

654 posts

Posted by nicky11 > 2016-10-06 11:23 | Report Abuse

What do you mean Amsteel by mycron?

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-06 13:06 | Report Abuse

Up down up down this Mr Market is so emotional, let's see how's today end.

Posted by Goodiinvestor > 2016-10-06 13:46 | Report Abuse

Moneysifu : so negative? Or try to top up ? Haha no chance later. Rocket once ...

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-06 15:06 | Report Abuse

Yesterday down was someone throwing 100,000 shares times after times, since the selling pressure disappear today, I guess the strong support should be around RM0.90 plus minus.

Let's see.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-06 15:07 | Report Abuse

Hehe, Goodinvestor, I sapu a lot yesterday.

moneySIFU Busy buying today at range of 0.825-0.84
05/10/2016 22:41

Ooi Teik Bee

11,200 posts

Posted by Ooi Teik Bee > 2016-10-06 15:10 | Report Abuse

I bought until I am very worry yesterday, a good decision again.
Thank you.

Posted by Benjamin_8888 > 2016-10-06 15:15 | Report Abuse

Don't worry too much Mr Ooi. Relax to take care your heart :-)

nicky11

654 posts

Posted by nicky11 > 2016-10-06 15:30 | Report Abuse

Saw it continues dropped for few days, I nearly sell it yesterday. Luckily I didn't . hehe

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-06 15:46 | Report Abuse

Great to have Mr Ooi here, welcome on board.

mamatede

3,950 posts

Posted by mamatede > 2016-10-06 15:49 | Report Abuse

will it only be a short rebound? ...

Posted by younginvestor92 > 2016-10-06 15:50 | Report Abuse

Hopefully these few years will be good~ i'm in for at least a year :)

Ooi Teik Bee

11,200 posts

Posted by Ooi Teik Bee > 2016-10-06 15:59 |

Post removed.Why?

dief

84 posts

Posted by dief > 2016-10-06 16:13 | Report Abuse

We're in the 2nd wave yesterday?

Hunter2016

319 posts

Posted by Hunter2016 > 2016-10-06 16:16 | Report Abuse

3rd wave not over already meh?
now is 4th wave down leh..

Posted by Goodiinvestor > 2016-10-06 16:53 | Report Abuse

Obviously this stock on uptrend la. When I got news early morning, I posted here. Still bout 0.83 that time
Tomorrow good show to watch. Maybe mc stay home watch it?

Posted by Goodiinvestor > 2016-10-06 16:55 | Report Abuse

@ooi teik bee what ever uptrend wave is a chance to chase.

Posted by Goodiinvestor > 2016-10-06 16:56 | Report Abuse

Don't buy downtrend stock . Example tek Seng, uli, Sumatec

Posted by Goodiinvestor > 2016-10-06 16:57 | Report Abuse

Anyone on leave tomorrow ? Join me . We tea at Starbucks watching show.
Solaris Starbucks ?

Posted by Goodiinvestor > 2016-10-06 16:59 | Report Abuse

Too up another 500 lot @ 0.89 last min

Posted by Goodiinvestor > 2016-10-06 17:01 | Report Abuse

I m looking rm1 tomorrow

pang72

49,611 posts

Posted by pang72 > 2016-10-06 17:06 | Report Abuse

Hoho

pang72

49,611 posts

Posted by pang72 > 2016-10-06 17:06 | Report Abuse

All very smart

pang72

49,611 posts

Posted by pang72 > 2016-10-06 17:07 | Report Abuse

All eRn big buck

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-10-06 17:26 | Report Abuse

Ha, the forum is getting active already

Posted by Goodiinvestor > 2016-10-06 19:12 | Report Abuse

Tomorrow UMA haha

probability

14,460 posts

Posted by probability > 2016-10-06 20:23 | Report Abuse

Mycron seem like a STEEL SPRING! You can only press it down for a while...its potential energy stored in the spring is always there....

pang72

49,611 posts

Posted by pang72 > 2016-10-06 23:53 | Report Abuse

time to be super star now.

pang72

49,611 posts

Posted by pang72 > 2016-10-07 08:28 | Report Abuse

Today might break 1.00....super investor all here. Good sign. Every one gain, every one happy!

Posted by Goodiinvestor > 2016-10-07 08:29 | Report Abuse

Rm1

pang72

49,611 posts

Posted by pang72 > 2016-10-07 08:45 | Report Abuse

RM1.00000000000000

Posted by Goodiinvestor > 2016-10-07 08:56 | Report Abuse

If mr Ooi buyers join my group.. Rm1 easily

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