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 3 days ago

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-25 17:29 | Report Abuse

No results today. Wait for next Monday.

Posted by Mohd Fahmi Bin Jaes > 2016-11-25 17:47 | Report Abuse

not out yet

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-25 18:01 | Report Abuse

mike90: Already out, net profit only RM5 million, expect drop to RM1 coming Monday.
25/11/2016 17:34
========================================================================

Cheat people one. Not yet released. "absolutelk" already said next Monday got board meeting. After that announce.

Posted by klsenovice > 2016-11-25 18:14 | Report Abuse

Just checked. Report hadn't released yet. What's the point of misleading fellow investors by telling lies. I wonder.

hewiester

449 posts

Posted by hewiester > 2016-11-25 19:35 | Report Abuse

Myron is reallly pulling our legs!!!!!!!!

ttaniges: hewiester the PRESTAR price just shot up from 0.63 to 0.72. I am speechless as well
25/11/2016 12:31

Let's prosper together! Whats your exit price? me not going to sell this beautiful gem until it reaches my exit price.. haha! Not to mention, it is giving out 2% dividend in January. Am sure alot who invested and trusted prestar are long term players (not traders). So expect to go at least 0.80....

8wpwtmt8

2,949 posts

Posted by 8wpwtmt8 > 2016-11-25 20:57 | Report Abuse

Masteel 3rd quarter results is no good. Getting more and more worry for Mycron.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=V&securityCode=5098

VenFx

14,784 posts

Posted by VenFx > 2016-11-25 21:11 | Report Abuse

@8wpwtmt8,
Masteel will back to square if can't secure any significant Engineering Contract through KUB-Umno political frenzy negotiation .
Usually I ll give a pass for this kind of counter.

Mycron has far better gisting edges and better resilient of margin provided their facility can produce the best CRC quality product to wide streams of their clientele need.

Melewar Industry Group has nothing similarity with Masteel .

musangfoxking

3,562 posts

Posted by musangfoxking > 2016-11-25 21:31 | Report Abuse

alredi look at my crystal ball!!!!! great happening at this counter!!!! dont u believe the great bomoh??!! kikikikiki!!!!

Vizhai

394 posts

Posted by Vizhai > 2016-11-25 21:43 | Report Abuse

Just hold lah. Believe Mycron.

VenFx

14,784 posts

Posted by VenFx > 2016-11-26 02:40 | Report Abuse

SPREAD MARGIN OF "CRC to HRC" . ( Quaterly )
http://top.100ppi.com/zdb/detail-quarter---13.html


End/June16 by Rmb2976-2530: Rmb 446/-

End/Sept16 by Rmb3508-2745: Rmb 763/-[Surged 1.71Times from last qtr.]

As26/Nov16 by Rmb4388-3291: Rmb1,097/-[Pending]

VenFx

14,784 posts

Posted by VenFx > 2016-11-27 02:40 | Report Abuse

My wild guess for coming 3rdQtr16 Eps are :
a. Melewar : 3.70cts
b. Mycron is 4.78cts

Posted by Wai Hoe Chai > 2016-11-27 16:38 | Report Abuse

QR always show QOQ compare, so dun expect very good result. dun know they will play any tactic to bring the good result all together in next QR.

Posted by Wai Hoe Chai > 2016-11-27 16:39 | Report Abuse

even 2cent, also can have 100% improve on QOQ.

VenFx

14,784 posts

Posted by VenFx > 2016-11-27 18:49 | Report Abuse

Posted by Wai Hoe Chai > Nov 27, 2016 04:39 PM | Report Abuse
even 2cent, also can have 100% improve on QOQ.

ME: Stick to the coming CORE GENERATED PROFIT, Earning per share is juz the end results.

I'm happy, if Mycron pare down borrowing with the earning despite pay average higher financial cost.

Annetan

850 posts

Posted by Annetan > 2016-11-27 18:50 | Report Abuse

As I see it,the build in expectation of good earnings for this quarter among mycron investors is so high,I wonder what would be the price if it disappoints them.Sometimes there seems no reasons at all why it should be that way but it could still happen.

VenFx

14,784 posts

Posted by VenFx > 2016-11-27 18:59 | Report Abuse

U are rite, nothing for 100% sure.

John Lu

5,187 posts

Posted by John Lu > 2016-11-27 19:00 | Report Abuse

I heard eps 4.5c

calvintaneng

55,144 posts

Posted by calvintaneng > 2016-11-27 19:01 | Report Abuse

BETTER RUN FAST FAST FROM FLAT STEEL LIKE CSCSTEEL, MYCRON & MELEWAR

ALL WHO BUY FLAT STEEL COUNTERS WILL LATER FALL FLAT ON THEIR FACES WHEN SALES OF CONSUMER DISCRETIONARY WILL GET HIT

PRESTAR or Pre Star or Buy it BEFORE it turns into a STAR is a diffent type of steel products.

Prestar is not consumer steel but CONSTRUCTION STEEL LIKE MAKING HIGHWAY GUARD RAILS & WHEEL BARROWS!

GET IT STRAIGHT!

BETTER DON'T GO BARKING UP THE WRONG TREE!!

John Lu

5,187 posts

Posted by John Lu > 2016-11-27 19:03 | Report Abuse

Calvin naked again?? My stomach pain again

VenFx

14,784 posts

Posted by VenFx > 2016-11-27 19:04 | Report Abuse

Calvin are u the headless chicken flying in the sky ?
(Dont hit the rock)

VenFx

14,784 posts

Posted by VenFx > 2016-11-28 10:30 | Report Abuse

Bros & Sis , it's now or never .
Take this Bonanza .

hewiester

449 posts

Posted by hewiester > 2016-11-28 11:34 | Report Abuse

Steel bar prices is back to its previous peak again..

https://www.barchart.com/futures/quotes/VPK17/interactive-chart

Posted by WealthWizard > 2016-11-28 11:42 | Report Abuse

I totally disagree with Calvin Tan & I strongly believe there will be only ONE WINNER, CRC steel mills, NOT steel bar producers.

CSC Steel has performed within my expectation, Mycron will produce reasonable results, if not better than last Q as due to Bulan Ramadhan & Hari Raya, it will definitely far better than last year's same quarter.

Posted by WealthWizard > 2016-11-28 11:42 | Report Abuse

Masteel has proved my point, nothing to argue with that. It is not ethical if Calvin Tan wish to divert attention from investing public towards its call on Masteel by attacking Mycron & CSC Steel.

Vizhai

394 posts

Posted by Vizhai > 2016-11-28 11:43 | Report Abuse

I heard today is Mycron's AGM, am i right?

imoogi99

1,640 posts

Posted by imoogi99 > 2016-11-28 11:47 | Report Abuse

When results out, someone going to be damn right and someone going to be damn wrong. So let's the results speak for itself.

VenFx

14,784 posts

Posted by VenFx > 2016-11-28 11:59 | Report Abuse

Hahaha, I hope so.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 12:29 | Report Abuse

Buy before result come out!!

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 12:29 | Report Abuse

4pm later will push to 1.2

nicky11

654 posts

Posted by nicky11 > 2016-11-28 12:48 | Report Abuse

Currently market is very sensitive to QR of others steel company, I think last Friday Mycron up due to good result from Prestar and today is due to poor Masteel result. Anywhere, I would prefer to take CSCSTEL result as the benchmark due to they are almost same business background

VenFx

14,784 posts

Posted by VenFx > 2016-11-28 12:54 | Report Abuse

Mycron produce the best CRC product in Malaysia .Thus, they can enjoy a better margin from wide stream end user.

Cscsteel's Director selling his own share in open market has give negative impact .

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 12:58 | Report Abuse

Mr Gan is non executive director which doesn't make much sense why he will do so.

VenFx

14,784 posts

Posted by VenFx > 2016-11-28 16:12 | Report Abuse

Mycron a Good BUY now .

Warn3r

792 posts

Posted by Warn3r > 2016-11-28 16:33 | Report Abuse

Topped up a bit more mycron.

probability

14,460 posts

Posted by probability > 2016-11-28 16:42 | Report Abuse

i also jumped back on the boat...keeping some bullets in hand - to decide based on results.

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-28 16:45 | Report Abuse

I also keep an eye on the coming result, good then expect it drop as usual, then collect from there. Just like Ekovest, always got time to collect one, no hurry.

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-28 16:46 | Report Abuse

Good, drop little. Bad, drop more. Anyway, it will drop, it's kind of funny thing in Malaysia market.

VenFx

14,784 posts

Posted by VenFx > 2016-11-28 16:49 | Report Abuse

Like that, how buaya cari makan wor.
Starving to death, sure one.

Undercover

172 posts

Posted by Undercover > 2016-11-28 17:36 | Report Abuse

Result is out. Eps 3.56

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 17:43 | Report Abuse

Told you guy buy already

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 17:43 | Report Abuse

Tomorrow see you at 1.20
:)

Grace Ly

359 posts

Posted by Grace Ly > 2016-11-28 17:44 | Report Abuse

good ke?

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 17:45 | Report Abuse

Is very good the best
Like Trump the greatest

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-28 17:45 | Report Abuse

Profit margin jump from 4 to 6%

Posted by Benjamin_8888 > 2016-11-28 17:49 | Report Abuse

Calvin where r u? Anymore cock to talk?

Yipman

391 posts

Posted by Yipman > 2016-11-28 17:50 | Report Abuse

qr released. not bad.

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-11-28 17:52 | Report Abuse

tomolo another round selling ... after all the kok talk hardly any diff from previous q. seem like steel theme mati oledi

John Lu

5,187 posts

Posted by John Lu > 2016-11-28 17:56 | Report Abuse

Tomorrow hoseh

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