moneySIFU, no comment before doesn't mean I not hold on this stock. I also never comment on EKOVEST, but I bought since 1.8 until now. Frankly tell you I bought CSCSTEL(200K), EKOVEST(160K), MYCRON(150K). Now just take the MYCRON portion distribute to CSCSTEL and EKOVEST.
satisfied with Mycron's performance today...you really can expect anything better than this...all those who got in without any 'substance' and fearful probably jumped out..
Mycron is like the snake that sheds its skin again n again to grow fatter rapidly..
Skyjet, i did exactly what you did but obviously, not as heavily invested as you are! But i started collecting CSCsteel when it was at its weakeness for the past few days. And just as Melewar could not move further, i switched over to CSCsteel yesterday. As for today, i sold some MYCRON and switched to CSCsteel as it has got much more upside there ;) Hope that this works well for us :)
Mycron is ifca no 2 . Possible touch 1.6 lo! Chart shows nothing can stop it. Again: When people said highest and expensive - buy When people said cheap n lowest - s
Goodiinvestor, if current Mycron price 1.16 to your possible touch 1.6, just 38% upside. Cscstel now 2.18, target 3.3, is 51% upside. Ekovest now 2.19, target 3.3, is 51% upside, which one you choose, decide yourself.
To those who had jumped boat to CSC Steel...i have nothin against u..in fact i believe cscstel has huge upside potential...at current pricing of both...every 1% rise in csc will have... if not the same magnitude, even higher rise % on Mycron....it will drive up mycron's price actually.
But, what goes on in my mind is..what happens say mycron declares EPS of 7 on coming qtr results in a few weeks time..and csc reports exactly the same 7 cents!?
What will happen to their prices?
We know KYY had told us not to sell csc at current price level..n he will do anything he can to support the price to prove his word on csc...
so then...pls think what would happen if the results is exactly likely i had mentioned?
Remember...the figures - 7 im saying is not really an unrealistic figure.
Dear all investment gurus, i have one question in relation to stock trading – is it possible for me to find out how many lots or volume that are queueing up for selling/buying at a certain price?
Never Tell Lie Sifu just come out with his revised TP of RM2+ basing on PE 10....No ordinary human being will apply PE 10 on Steel Counters...Bravo SIfu
moneySIFU WealthWizard is looking at RM1.68, he also suggested RM1.44, it is up to you if you want to set at even lower target price, everyone is freely to lock in the profit as long as you feel comfortable.
moneySIFU, my guess is Mr Gan is continuing disposing, if market sentiment not good and buying force not strong enough to absorb his shares, then CSCSteel will be dropping...with Mr Gan and Mr Koon around, other Big boys may not want to be in to push up the share for them to sell...
That is why I bought only Mycron and not CSC. In CSC there is a negative factor which is Mr Gan, but there is a positive factor too which is Mr Koon, finally I think Mr Koon will absorb Mr Gan shares, but it could be a slow process, and thus I guess CSC will climb up slower than Mycron.
My view is CSCSteel could not climb fast because Mr Gan is disposing, luckily Mr Koon is in to absorb Mr Gan shares, otherwise CSCSteel share price performance would be not as good as today...
WealthWizard For Question 3, low sales/production volumes for quarter period 30/9/2016 are due to Ramadan Month and Hari Raya holidays. I projected the factory to close for 1 week. 26/10/2016 12:17
CharlesT...is an asset to i3..... after sometime i am going to come up with the 'walk of fame - greatest contributor list' in i3......WW, Icon, itsjustaboutprofit, Jay, CharlesT, KC, OTB..etc...surely KYY wont be there..
Bro Probability I must belanja u Papa Rich breakfast set one day,it took u a lot of courage (and chances of getting flags) to make such a compliments on me....lol
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....
skyjet
542 posts
Posted by skyjet > 2016-10-27 16:53 | Report Abuse
moneySIFU, no comment before doesn't mean I not hold on this stock. I also never comment on EKOVEST, but I bought since 1.8 until now. Frankly tell you I bought CSCSTEL(200K), EKOVEST(160K), MYCRON(150K). Now just take the MYCRON portion distribute to CSCSTEL and EKOVEST.