Posted by IamGoogle > 2016-11-29 12:26 | Report Abuse

If look back how Masteel, YKGI & EonMetal performed at the same time, you will know how good is his projection.

Posted by mike90 > 2016-11-29 12:27 | Report Abuse

Sell Mycron, switch to CSC which has better valuation.
Mycron over-rated.

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

YKGI: From 0.335 to now 0.23

Eonmetal: From 0.825 to 0.66

Masteel: From 0.73 to 0.685

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

I am waiting for better price, it's matter of valuation & price.

Posted by IamGoogle > 2016-11-29 12:30 | Report Abuse

No one see or no one want to point out that there is something hidden in CSC Steel. To me, it's a bomb.

Posted by nicky11 > 2016-11-29 13:02 | Report Abuse

IamGoogle u mean KYY is the time bomb for CSCSTEL?

Posted by hewiester > 2016-11-29 13:02 | Report Abuse

Yes. I do agree wealthwizard has predicted and projected quite well above all. So, applause to wealthwizard for his contribution & effort :)

The only difference btwm CSCSTEEL & MYCRON:

CSCSTEEL pays good yearly dividend and also a CASH rich counter (Mycron don't)

Posted by PlsGiveBonus > 2016-11-29 13:28 | Report Abuse

Dividend is very important to calm the market
:)

Posted by Warn3r > 2016-11-29 14:13 | Report Abuse

IamGoogle. WealthWizard also did a part 4 that gives an estimated TP of of RM 1.68.

Posted by bing > 2016-11-29 14:56 | Report Abuse

all steel player die... buy anyone before steel zombie live up!

Posted by IamGoogle > 2016-11-29 15:04 | Report Abuse

WealthWizard said this at the very beginning article:

All the working, calculation & assumptions are presented based on my personal own judgement & findings, and are for sharing purposes only.

I never think I can move anything unless the thing want to move by itself.

Do your homework, read all news/reports, make your best judged assumptions & understand the business before invest any company.

Invest with FREE money only, using emergency fund to invest is gambling, crazy & suicide act.

Posted by IamGoogle > 2016-11-29 15:04 | Report Abuse

WealthWizard also said this at the very last paragraph:

Gentle Reminder:
Please read my blog description at the top section of this article before making any investment decision.

This is merely my findings & hope to share with all. Any targets set are merely indication of my dream achievement for my money.

Posted by IamGoogle > 2016-11-29 15:06 | Report Abuse

Happy that his first dream became reality, but SAD that second dream never realised.

Posted by Warn3r > 2016-11-29 15:30 | Report Abuse

Well. RM 1.68 doesn't seem realistic now but a TP of RM 1.2- 1.3 seems achievable.

Posted by imoogi99 > 2016-11-29 15:39 | Report Abuse

Current qtr definitely not but then if Mycron could maintain eps above 3 sen or 4sen for the next 2 quarters then 1.68 will seem realistic.

Posted by Alex Lim Jun Xiong > 2016-11-29 15:40 | Report Abuse

Is time to let it go.
Goodbye~

Posted by IamGoogle > 2016-11-29 15:44 | Report Abuse

I choose to stay aside to observe, this price level does not give me much confidence of safety.

Posted by IamGoogle > 2016-11-29 15:44 | Report Abuse

Downside is higher than upside, not worth to go in now

Posted by Sosmart > 2016-11-29 15:47 | Report Abuse

Qr report so good, but
drop so much.
This market is really crazy.
People are gambling instead of
investing.

Posted by nekosan > 2016-11-29 15:48 | Report Abuse

sosmart, mycron in september only 40 cent stock ... now 1.0 ... fully value with the result.

Posted by imoogi99 > 2016-11-29 15:52 | Report Abuse

U r right IamGoogle....wait for seller to finish selling first.

Posted by ahdi > 2016-11-29 15:59 | Report Abuse

sigh...otb failed again..the mycron no eye see...

Posted by IamGoogle > 2016-11-29 16:01 | Report Abuse

Panic sale party start

Posted by CharlesT > 2016-11-29 16:02 | Report Abuse

Dont always be too excited over high TP...

Posted by IamGoogle > 2016-11-29 16:02 | Report Abuse

Most stocks jumping down today, those green one don't feel happy first, if the whole market is bad, everyone will kena

Posted by sengkee > 2016-11-29 16:02 | Report Abuse

Will drop further?

Posted by Warn3r > 2016-11-29 16:13 | Report Abuse

I think the manipulation is over. Going up now. But everyone has different risk appetite and believe / aim for different things. So make your own call. =]

Posted by aliciateo > 2016-11-29 16:26 | Report Abuse

really good buy....nonstop throw nonstop eat hahax....lets see they will regret or not after this week time.

Posted by Dhuhaboy > 2016-11-29 16:39 | Report Abuse

I buy some at 1.01.. hope i made a right decision..

Posted by bing > 2016-11-29 16:46 | Report Abuse

Today consider a incident drop saja kua...with so good quarterly report, might be a bomb up after today. BUY

Posted by 007 > 2016-11-29 16:52 | Report Abuse

wah, Christmas sale

Posted by imlearning > 2016-11-29 16:56 | Report Abuse

5 min more to 5PM, still struggle buy more or not

Posted by IamGoogle > 2016-11-29 16:57 | Report Abuse

Will wait at RM0.80

Posted by bing > 2016-11-29 17:03 | Report Abuse

lamGoogle, may us know who are you before you using this new ID?

Posted by imoogi99 > 2016-11-29 17:10 | Report Abuse

I guess before IamGoogle, it was IamYahoo....ha ha ha.

Posted by bing > 2016-11-29 17:43 | Report Abuse

so good English educated, if me, will helping but not spoiling.

Posted by bing > 2016-11-29 17:44 | Report Abuse

me poor england...

Posted by nicky11 > 2016-11-29 18:05 | Report Abuse

In term of PE value, Mycron is consider overvalue as compare with CSCSTEL. CSCSTEL is a pure cash company but its PE is lower than it. Seems like the price will further drop.

Posted by Warn3r > 2016-11-29 18:21 | Report Abuse

If the price reflects purely of historical earnings then it shouldn't have gone up to 1.1+ in the first place? Just balancing both sides of the argument a bit.

Posted by hewiester > 2016-11-29 19:12 | Report Abuse

bad market sentiment is also the other to blame - if Mycron had released their QR report last week, things would have shifted in a different direction. In the end, stock mkt is about timing. Everything or anything can turn upside down even on a bright sunny day!

Posted by hewiester > 2016-11-29 19:35 | Report Abuse

The closing price of Mycron is just as good as having a deficit quarter "sigh"

Posted by Yipman > 2016-11-29 20:40 | Report Abuse

what if micron QR out first but Melewar later? i guess it will shoot up today.
Big picture, Mycron has separate operation and revenue from Melewar. investor should not mix match the effects.

Posted by VenFx > 2016-11-29 20:49 | Report Abuse

Like it or not,
Mycron & Melewar are bonding together.
Should thanks god it wasn't announced on that sequence else the impact will be much more greater.

Posted by VenFx > 2016-11-29 20:52 | Report Abuse

It onky will be different case , if the holding lesst than 49%.
Guess, who will benefited ?

Posted by Ooi Teik Bee > 2016-11-29 20:53 | Report Abuse

Posted by Yipman > Nov 29, 2016 08:40 PM | Report Abuse

what if micron QR out first but Melewar later? i guess it will shoot up today.
Big picture, Mycron has separate operation and revenue from Melewar. investor should not mix match the effects.

Ans : I share the same opinion. I checked through the result again, I feel that the latest quarter result is good. Investors mix up with Melewar and jump the gun.
Thank you.

Posted by hewiester > 2016-11-29 21:21 | Report Abuse

So are we to say.. the investors we have these days are just plain illiterate?!?!!!

Posted by kk123 > 2016-11-29 21:39 | Report Abuse

U can look at melewar as an indicator for mycron..
If melewar in trouble..sooner or later mycron will get hit..

Posted by kk123 > 2016-11-29 21:41 | Report Abuse

Mycron is a subsidiary of melewar

Posted by MuttonCurry > 2016-11-29 21:42 | Report Abuse

Advise to take holiday ... tomolo Bursa will be painful. Only investor with balls of steel can continue from this point..... My dua sen

Posted by Warn3r > 2016-11-29 21:52 | Report Abuse

84,342 lots changed hands today. The sell down persisted for one whole day. News about the latest QR are also positive. Investors who know about Melewar's holding in mycron (no news seem to link them together I think?) are arguably the better informed/who would do research.

Quite hard for me to believe this. Is it possible that some big player press it down first before collecting again?