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

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-17 16:31 | Report Abuse

Roadblock at RM1.13 temporary cleared! Now waiting for closing price for today.

nicky11

654 posts

Posted by nicky11 > 2016-11-17 16:41 | Report Abuse

This morning I park at 1.07 to grab some...Too bad, no chance. Lolz

Posted by younginvestor92 > 2016-11-17 16:47 | Report Abuse

prepare to shoot through the roof XD

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-17 16:58 | Report Abuse

Closed at RM1.14. Well done Mycron.

excelyou

1,255 posts

Posted by excelyou > 2016-11-17 17:00 | Report Abuse

Bravo.

Steel theme is getting real.

excelyou

1,255 posts

Posted by excelyou > 2016-11-17 17:00 | Report Abuse

Bravo.

Steel theme is getting real.

Posted by myportfolio > 2016-11-17 18:06 | Report Abuse

mycron cukup api hari ini :D Esok, meletup hingga jari bakar !

probability

14,460 posts

Posted by probability > 2016-11-17 19:31 | Report Abuse

Mycron may yield a spectacular result...we never know..
But looking at some other steel performers (YKGI, ANNJOO including cscsteel) i would prefer to stay sideline at current price.

Need not be too greedy.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-17 20:14 | Report Abuse

Ann Joo released its 3rd quarter results today. 4.58c for this quarter, previous was 18.46c.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=A&securityCode=6556

Zai Zai

584 posts

Posted by Zai Zai > 2016-11-17 20:18 | Report Abuse

previous 18.46 is 1 time gain due to inventory clearance

Vizhai

394 posts

Posted by Vizhai > 2016-11-17 20:20 | Report Abuse

Myron last report didnt included inventory clearance.
The Clearance only counted in this quarter report.

Posted by younginvestor92 > 2016-11-17 21:04 | Report Abuse

Zai zai dont show ur iq here plz.... its previous year for that one time gain.

Yipman

391 posts

Posted by Yipman > 2016-11-17 21:06 | Report Abuse

Vizhai, tq for highlighting this. It's very clearly reflecting Mycron next QR would be good.

Vizhai

394 posts

Posted by Vizhai > 2016-11-17 21:08 | Report Abuse

The QR for this quarter would be good.

Zai Zai

584 posts

Posted by Zai Zai > 2016-11-17 21:12 | Report Abuse

i'm talking annjoo 2nd qrtl, add on msg for 8wpwtmt8
are u ok?

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-11-17 23:22 | Report Abuse

Only CRC steel mills will produce outstanding results, reason? Because closure of megasteel.

Why other upstream may not produce flying result, because price of rebar was still below RM2000.

The reason for other steel companies made fantastic profits during period of April & May were due to sudden surge in steel price & selling of old stocks.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-11-17 23:23 | Report Abuse

Agreed to probability, whether the current price has already factored the expectation? It's up to open judgement.

probability

14,460 posts

Posted by probability > 2016-11-17 23:33 | Report Abuse

True $$-sifu..AnnJoo's performance cannot be linked to Mycron. I am still very optimistic on Mycron...but exactly like what $$-sifu said, im only concern on the margin of safety.

My only concern is how good Mycron is at transferring the rise on cost of imported raw material to the CRC or Steel Tube buyers... if they can do it well...results will be excellent.

Just want to be transparent on my opinions..certainly could be wrong.

Posted by Good_Trader > 2016-11-18 08:42 | Report Abuse

haha.. I really doubt how u all read QR. Ann joo Q3 is doing bad ? I laugh .

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-18 13:33 | Report Abuse

Hmmm ... Why only one day show? Today drop back.

Vizhai

394 posts

Posted by Vizhai > 2016-11-18 13:34 | Report Abuse

Myron always show up around 4pm juts like yesterday.

Posted by Good_Trader > 2016-11-18 15:51 | Report Abuse

after YKGI, CSC and ann joo, fact telling all steels counter over price. b careful

TomyamGong

4,139 posts

Posted by TomyamGong > 2016-11-18 15:53 | Report Abuse

Talk 3 talk 4, tok kong!!!

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-18 16:57 | Report Abuse

A bad day for Mycron. Closed at RM1.10, a fall of 4 sen. Hope it could recover towards its 1st quarter results on 28 Nov 2016.

Posted by billionchew > 2016-11-18 20:49 | Report Abuse

don't downhearted, keep on support MYCRON!

John Lu

5,187 posts

Posted by John Lu > 2016-11-18 21:56 | Report Abuse

No problem, 主力资金还在

VenFx

14,784 posts

Posted by VenFx > 2016-11-19 23:56 | Report Abuse

http://www.investalks.com/forum/forum.php?mod=viewthread&tid=1569&highlight=mycron
Mycron 的前身是日本人的Maruchi,曾经是钢铁股的藍筹股,后來被Melewar併吞(54%),日本人淡出.我喜欢这只股,我有好几年的客服经验,本地钢铁用家都很喜欢这间公司产品,不论是品质还是价錢方面.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-20 23:21 | Report Abuse

Still got Mycron, Melewar, Hiaptek, Emetall, Lsteel, Masteel not yet announce results.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-21 15:23 | Report Abuse

Any show today at 4 pm or not? Very boring.

musangfoxking

3,562 posts

Posted by musangfoxking > 2016-11-21 15:27 | Report Abuse

certainly, got show at nite!!!!!!! kikikiki!!!!!

nicky11

654 posts

Posted by nicky11 > 2016-11-21 15:52 | Report Abuse

QR should be announced in this week. Hopefully is a good result.

SKTRADER

565 posts

Posted by SKTRADER > 2016-11-21 16:00 | Report Abuse

slow movement

John Lu

5,187 posts

Posted by John Lu > 2016-11-21 23:02 | Report Abuse

Heards QR very good at 4.5c

hklcheng

1,317 posts

Posted by hklcheng > 2016-11-22 09:01 | Report Abuse

today target 117

Posted by myportfolio > 2016-11-22 11:10 | Report Abuse

RM is trading at 4.38... lets see if mycron can move a lil up north today

Posted by zoopercent > 2016-11-22 14:20 | Report Abuse

target 117 today ? sure or not

John Lu

5,187 posts

Posted by John Lu > 2016-11-22 14:26 | Report Abuse

Sure or not? Later 1.07...but i have few hundreds lorries

SKTRADER

565 posts

Posted by SKTRADER > 2016-11-22 16:02 | Report Abuse

coming QR good or bad?

John Lu

5,187 posts

Posted by John Lu > 2016-11-22 16:04 | Report Abuse

Eps 4.5 cent only...good?

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-11-22 16:07 | Report Abuse

steel counters to fly again....get in now

Josephine Ong

1,001 posts

Posted by Josephine Ong > 2016-11-22 16:09 | Report Abuse

mycron will lead the way again

Posted by zoopercent > 2016-11-22 16:55 | Report Abuse

haha close 112 still sideways...hopefully tomoro will be better!

SKTRADER

565 posts

Posted by SKTRADER > 2016-11-22 17:02 | Report Abuse

tomorrow it up

John Lu

5,187 posts

Posted by John Lu > 2016-11-22 18:01 | Report Abuse

Result out? I heard is eps 4.5c

Posted by klsenovice > 2016-11-22 18:12 | Report Abuse

When will be the release of qtr report?

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-22 21:27 | Report Abuse

I think it will be released on 28 Nov 2016.

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-22 22:46 | Report Abuse

Actually I am very disappointed with Mycron share price. I doubt it can get pass RM1.20. CSCStel also cannot get pass RM2.20.

VenFx

14,784 posts

Posted by VenFx > 2016-11-22 23:08 | Report Abuse

Why so ?
Mycron has been demonstrated strong uptrend pattern from $0.21 - $1.20 within 8 months period.
Price would have at least retreat back to $0.90 if the sentiment not favourable ahead.
Let the result talk.

bing

3,794 posts

Posted by bing > 2016-11-22 23:28 | Report Abuse

dont know what to say, .... forget about last time cent cent... mycron now ady become dollar stock... happy to see it up ( business up).

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-23 00:23 | Report Abuse

Please wake MYCRON. Now you are the leader after disappointment from AnnJoo. Only 4 more market days.

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