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

6182al

305 posts

Posted by 6182al > 2016-08-06 14:54 | Report Abuse

TQ bull8888, pricing is base on chart pattern support .54ct and 1st resistant is .55ct. OBV is also following through. This is my personal prediction, buying and selling at OWN risk.

calvin

249 posts

Posted by calvin > 2016-08-07 00:37 | Report Abuse

Mycron is very strong now..gogogo

6182al

305 posts

Posted by 6182al > 2016-08-08 10:44 | Report Abuse

Wa !!! Good show the syndicate trying to put the scare on so that they can buy at lower price !!!!!!!!!!!!!!!!!

bull8888

772 posts

Posted by bull8888 > 2016-08-08 22:19 | Report Abuse

double DOJI

watch out !

master_tan

690 posts

Posted by master_tan > 2016-08-09 12:22 | Report Abuse

break out soon.

WeaponX

66 posts

Posted by WeaponX > 2016-08-09 23:46 | Report Abuse

Don't forget Melewar which is Mycron's largest shareholder ready to reap profits from Mycron & also MAA's free cash flow. While Mycron has shot up, Melewar is still undervalued!

Posted by projecti2016 > 2016-08-10 20:16 | Report Abuse

melewar and mycron surely tied to each other in price movement.

6182al

305 posts

Posted by 6182al > 2016-08-17 12:36 | Report Abuse

It is ready .55ct but wait the next resistance is .58ct good luck to all

Max Yong

276 posts

Posted by Max Yong > 2016-08-22 17:03 | Report Abuse

Write a comment.. what happen ? :o

Max Yong

276 posts

Posted by Max Yong > 2016-08-22 17:03 | Report Abuse

T3 ?

KONG88

55 posts

Posted by KONG88 > 2016-08-22 19:03 | Report Abuse

still on neckline 51...once break go holand

bigbigboss

441 posts

Posted by bigbigboss > 2016-08-27 16:40 | Report Abuse

many steel company suddenly down . fews people take profit

bull8888

772 posts

Posted by bull8888 > 2016-08-29 10:38 | Report Abuse

coming qr report should be very good
just be patient
price will rebound

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-08-29 10:50 | Report Abuse

Hehe, start collect this stock, seem like this stock is very quiet

Posted by hafizuleffendi > 2016-08-29 10:54 | Report Abuse

now .485

bull8888

772 posts

Posted by bull8888 > 2016-08-29 10:59 | Report Abuse

get ready bullet

waiting to aim 0.49/0.495

bull8888

772 posts

Posted by bull8888 > 2016-08-29 18:11 | Report Abuse

QOQ increased , YOY declined

Max Yong

276 posts

Posted by Max Yong > 2016-08-29 18:48 | Report Abuse

Good or bad ? dropped

bigbigboss

441 posts

Posted by bigbigboss > 2016-08-29 18:56 | Report Abuse

you must understand why drop if compare with last year .

KLCI King

3,220 posts

Posted by KLCI King > 2016-08-29 18:58 | Report Abuse

Share price already up more than double, but profit drop half, better lock in profit before regret

KLCI King

3,220 posts

Posted by KLCI King > 2016-08-29 18:59 | Report Abuse

Market so bad and us interest hike soon, keep cash better

bull8888

772 posts

Posted by bull8888 > 2016-08-29 23:08 | Report Abuse

global steel price is rebounding ....
dont be panic tomorrow

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-08-30 00:42 | Report Abuse

Result may not match to the expectation of certain people, GOOD LUCK.

If price drop, will collect more....

Posted by 张天师除妖 > 2016-08-30 01:07 | Report Abuse

撒油娜娜,这个股没希望了,算了吧,找我替大家消灾,改天才能发大财

jcwm22

94 posts

Posted by jcwm22 > 2016-08-30 02:07 | Report Abuse

Quarter-on-quarter comparison matters more. Comparison of the same quarter year-on-year only matters if the business of the company is seasonal.

KLCI King

3,220 posts

Posted by KLCI King > 2016-08-30 02:20 | Report Abuse

jcwm22, that's not true, price up DOUBLE from last year, but profit only up little bit if compared to last year, so this stock is OVER-PRICED, better RUN before you regret.

Tomorrow gap down!

jcwm22

94 posts

Posted by jcwm22 > 2016-08-30 02:21 | Report Abuse

Profit from operations for 30 June 2016 quarter is RM23.2 million compared to RM6.4 million for 30 June 2015 quarter. Also, the overall profit for the 30 June 2015 quarter included a gain on bargain purchase of a subsidiary company amounting to RM21 million.
Therefore, the comment that profit is down by half year-on-year is not correct.

jcwm22

94 posts

Posted by jcwm22 > 2016-08-30 02:24 | Report Abuse

Moneysifu, who are these certain people you are talking about? And what is their expectation of Mycron's profit? Are you speaking as a matter of fact or simply plucking this out of the sky?

jcwm22

94 posts

Posted by jcwm22 > 2016-08-30 02:35 | Report Abuse

KLCI King, how can you say it is overpriced when the earnings per share for 2016 so far is already more than five sen? You are not making sense, from a financial analysis.

Posted by Cecelia068 > 2016-08-30 07:12 | Report Abuse

look like start to rebounding.

Posted by hafizuleffendi > 2016-08-30 08:44 | Report Abuse

hope so

kt99

404 posts

Posted by kt99 > 2016-08-30 09:34 | Report Abuse

mycron show good result, eps 3 cent, last q 2cent.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-08-30 10:05 | Report Abuse

I am happy for I have chance to add more, a lot more today than yesterday.

I saw it coming, but never expect so good. I will share my findings here later.

Up_down

4,305 posts

Posted by Up_down > 2016-08-30 10:15 | Report Abuse

Good opportunity to buy more as profit from the operation is much higher than last year.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-08-30 10:25 | Report Abuse

I've read every QR & AR for the past 3 years for 4-5 times to understand how this company did.

The Chairman's statement for AR 2015 is the best among ALL Companies listed in Bursa, it is so detailed until I can understand how the business run & what were happening in the industry locally & globally.

I will feel very great if I were the shareholder of this company. So I am now.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-08-30 10:42 | Report Abuse

jcwm22, as the matter of facts, there are always people think differently, may be expect higher, or never expect something, this & that.

bigbigboss

441 posts

Posted by bigbigboss > 2016-09-01 12:29 | Report Abuse

drop so much

Posted by Jolin Lai Chi Pet > 2016-09-01 13:06 | Report Abuse

time to buy again.....................very cheap for a good profit comapny

kt99

404 posts

Posted by kt99 > 2016-09-01 14:49 | Report Abuse

drop pula

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-02 17:04 | Report Abuse

Goooood day....

elvingan

243 posts

Posted by elvingan > 2016-09-03 01:02 | Report Abuse

BUY Emetal and MYCRON !!!

Posted by wealthwizard > 2016-09-05 11:22 | Report Abuse

Bright Future for CRC Steel Producers: CSCSteel, Mycron, Eonmetal & YKGI (Part 1)
http://klse.i3investor.com/blogs/wealth123/103741.jsp

Up_down

4,305 posts

Posted by Up_down > 2016-09-05 11:30 | Report Abuse

PER below 6x.Any margin of safety in this counter?

Posted by wealthwizard > 2016-09-05 13:07 | Report Abuse

Up_down, my calculation of Forward PE for this company is far less than 6x, I will publish my calculation & working in my next article.

Up_down

4,305 posts

Posted by Up_down > 2016-09-05 13:26 | Report Abuse

Wealthwizard. Really!! I don't know how to work out the figures. :))

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 15:05 | Report Abuse

Unbelievable, more than 12 percent up in one day, GOOD!!!

Posted by resilient911 > 2016-09-05 15:06 | Report Abuse

who feed the bull? geng cao....good undervalue counter....

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 15:07 | Report Abuse

First target, RM0.70

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 15:11 | Report Abuse

OMG, RM0.535 cleared, gogogo!!!

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 15:15 | Report Abuse

Even at this price, it is still deep undervalued

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