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

Up_down

4,305 posts

Posted by Up_down > 2016-11-30 10:34 | Report Abuse

We read too much cut loss threads in CPteh......contagious... must skip now.

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-30 10:34 | Report Abuse

Market sentiment is very important, all stocks no matter good or bad drop like hell now. All seem want to run away from stock market, only brave one still stay

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:35 | Report Abuse

Especially for those stocks which ran up few hundred percent...

probability

14,460 posts

Posted by probability > 2016-11-30 10:35 | Report Abuse

people gave the facts...you bought based on the facts...facts were based on certain assumption....you did agree on the assumptions earlier...now if the assumption turn out to be wrong...do you blame the sifu or yourself?

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:37 | Report Abuse

those ran up a few hundred percent = SELL
those ran down a few hundred percent = BUY? then buy Parkson?

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:37 | Report Abuse

I am just sceptical when stock prices ran up few hundred percent within months and then Sifu keeps on giving sky high TP..

From my 20 years' experience in stock mkt. I dont feel comfortable at all

Up_down

4,305 posts

Posted by Up_down > 2016-11-30 10:38 | Report Abuse

Sometimes, we must be patient to take advantage of irrational behaviour of Mr. Market. Waiting.....

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:39 | Report Abuse

Posted by speakup > Nov 30, 2016 10:37 AM | Report Abuse

those ran up a few hundred percent = SELL
those ran down a few hundred percent = BUY? then buy Parkson?

Depends..some will close shop n delisted. I saw many during 1998/1999, for example second board counters.

Only buy solid stocks with sound financial condition. And slow slow buy

imoogi99

1,640 posts

Posted by imoogi99 > 2016-11-30 10:39 | Report Abuse

Buy parkson?????......you will be parked under the sun to dry for life...ha ha ha.

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:39 | Report Abuse

as long as u have bullets (cash), why worry?

bing

3,794 posts

Posted by bing > 2016-11-30 10:40 | Report Abuse

Malaysia boleh! Benci! Sekarang tau tak de sesiapa yg salah, sendiri yg salah!

IamGoogle

836 posts

Posted by IamGoogle > 2016-11-30 10:41 | Report Abuse

people said gambling win rate in Genting is 50%, you go & lose money, so blame people who said that?

Why not look at yourself if you never gamble & do homework to understand when & what to buy, also when to sell.

Up_down

4,305 posts

Posted by Up_down > 2016-11-30 10:41 | Report Abuse

Must remember the rule of kyy to play safe:

3 Buy up trending stocks provided they have good profit growth prospect and selling at low P/E ratio. The advantage is that after your purchase, you can see the price continues to go up.

" But you must remember that no share can continue to go up for whatever reason. You must sell to take profit"

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:41 | Report Abuse

Now I wanna borrow DVD(The Big Short) from CPTeh...

Shit, i have some feel of 1997/1998, hope i am wrong

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:43 | Report Abuse

releks..... market crash so what? as long as u have spare cash, u can sleep well.

imoogi99

1,640 posts

Posted by imoogi99 > 2016-11-30 10:44 | Report Abuse

CharlesT, call for e-meeting...ha ha ha.

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:45 | Report Abuse

KLCI dropes few points everyday n may be able to stand above 1600 to look good...but most counters drop like shit n u can see 20-30 new lows everyday..even CPTeh also cannot cope with it...i doubt if he can post 20-30 articles a day teaching u to cut loss

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:46 | Report Abuse

Posted by speakup > Nov 30, 2016 10:43 AM | Report Abuse

releks..... market crash so what? as long as u have spare cash, u can sleep well.

Dont like this, most people cannot sleep well

probability

14,460 posts

Posted by probability > 2016-11-30 10:46 | Report Abuse

I predict Mycron wont deliver a good result even on next quarter..

Only when the currency stabilizes, and the external HRC & CRC prices stabilizes we can start to see the true performance of Mycron.

May be it better after next quarter results..

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:49 | Report Abuse

If market crash there is many more good counters to buy,rather than steel co

Posted by Investor5711 > 2016-11-30 10:49 | Report Abuse

bad market sentiment, good result also drop bad result more shit...

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:49 | Report Abuse

those ppl who can't sleep well, over-invested.

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:50 | Report Abuse

or over-speculated

Posted by RUOutOfUrMind > 2016-11-30 10:50 | Report Abuse

OMG, few days didn't see market then drop so much, saw from newspaper that Mycron has delivered fantastic result, thought it was good, but why ah?

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:51 | Report Abuse

speakup waiting for maybank to drop to rm3 just like 1997 Asian Financial Crisis :-)

probability

14,460 posts

Posted by probability > 2016-11-30 10:51 | Report Abuse

CharlesT...i never hold stocks before results are out.

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:52 | Report Abuse

pros sell on news. that's why when good news out, think sell (not buy)

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:52 | Report Abuse

Bro, well done. C how the mkt goes....

imoogi99

1,640 posts

Posted by imoogi99 > 2016-11-30 10:53 | Report Abuse

Just 2 hours of opening and volume beat yesterday whole day volume....sigh!

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:53 | Report Abuse

more so if the stock already run up a few days or weeks before the good results out.

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 10:53 | Report Abuse

From 0.20+ to 1.10+ and now 0.80+

speakup

26,160 posts

Posted by speakup > 2016-11-30 10:54 | Report Abuse

how on earth did speakup land up in mycron tread when speakup never ever a shareholder of mycron :-)

jonbravo

428 posts

Posted by jonbravo > 2016-11-30 10:54 | Report Abuse

Ahdi. the year before that, kena pjdev-wc gap down until 0.60

zakryfaa

124 posts

Posted by zakryfaa > 2016-11-30 10:55 | Report Abuse

hope close at 0.90

gwansoo

307 posts

Posted by gwansoo > 2016-11-30 10:55 | Report Abuse

Good news should spur demand from the public and that's when they should distribute their shares to you guys.

Posted by RUOutOfUrMind > 2016-11-30 10:56 | Report Abuse

Oh, probability, that mean you sold all before QR released? Price was RM1.10 above, if not mistaken, Good strategy.

probability

14,460 posts

Posted by probability > 2016-11-30 10:56 | Report Abuse

instead of buying back Mycron go for Prestar unless the price of Mycron is lower than Prestar.

Posted by carrotlim333 > 2016-11-30 10:59 | Report Abuse

hope afternoon rebound abit.

probability

14,460 posts

Posted by probability > 2016-11-30 11:01 | Report Abuse

RuOut, yes..actually at a much higher price much earlier..perhaps it is a selfish move...but i dont like to take rsiks. I never bought a single mycron share after that...

jonbravo

428 posts

Posted by jonbravo > 2016-11-30 11:04 | Report Abuse

when lose money, blame otb. but still continue his subscription. sounds like cult group to me

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 11:04 | Report Abuse

I noticed there is lower low for a lot of counters recently, such as FGV, Armada, DRBHicom etc. So if u really wanna catch rebound play better be cautious

I seldom see Hng33 lose so many deals..during these few weeks

Remisier

100 posts

Posted by Remisier > 2016-11-30 11:09 | Report Abuse

Go buy Ekovest better. I have switched all my Mycron to Ekovest.

Kino Kow

268 posts

Posted by Kino Kow > 2016-11-30 11:16 | Report Abuse

Lelong price ...last call...

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 11:18 | Report Abuse

YKGI n Melewar back to Sep level

Posted by Investor5711 > 2016-11-30 11:19 | Report Abuse

rebound little afternoon freefall

probability

14,460 posts

Posted by probability > 2016-11-30 11:26 | Report Abuse

dont see the historical price or the recent price and buy...see the recent changes in fundamental and buy...price follows fundamental...its not the other way around.

Ask yourself why is Mycron better than Prestar?

CharlesT

14,609 posts

Posted by CharlesT > 2016-11-30 11:27 | Report Abuse

Price follows fundamental, but what if price overshoots fundamental?

kurax2

170 posts

Posted by kurax2 > 2016-11-30 11:29 | Report Abuse

Lari lintang pukang

CharlesT

14,609 posts

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

Especially after Boss push up from 0.20 to 1.10+, they have many ways to play. They can even post few Q bad results to kill

I am more on the price momentum.

Lulu La

901 posts

Posted by Lulu La > 2016-11-30 11:29 | Report Abuse

Can anyone tell what mycron fundamentals has changed?

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