Posted by Ramada > 2017-04-02 13:19 | Report Abuse

But sometimes after we sold, it will rebound suddenly. So unpredictable.

Posted by matmat > 2017-04-02 17:40 | Report Abuse

need for board director to announce dividend..at least it had good rebound

Posted by IANFUJI > 2017-04-02 21:19 | Report Abuse

Last dividend paid for Mycron was in 2010..

Posted by IANFUJI > 2017-04-03 10:51 | Report Abuse

Look positive movement today..

Posted by matmat > 2017-04-03 22:49 | Report Abuse

Hope can continue rebound tomorrow

Posted by 晓雨霖 > 2017-04-04 10:03 | Report Abuse

Mycron gogogo

Posted by boy2men > 2017-04-04 15:27 | Report Abuse

GLOBAL STEEL PRICE RECOVERY EXPECTED TO FALTER SOON

The global steel market is, currently, unrecognisable from that prevailing at the start of 2016, according to MEPS International. The negative situation in early 2016, of low selling prices, global oversupply and claims of unfair trading conditions is almost a thing of the past. It is now being replaced by an atmosphere of mild optimism.

The industry appears to have come to a less confrontational stance. After the imposition of numerous antidumping cases by western and eastern countries, against Chinese and other major exporting nations, the flow of steel has reduced. The “race to the bottom” for steel prices has been replaced by a “drive for the top”.

However, it is likely that, in the flat products sector, global prices are near to peak values in the current cycle. Supply and demand are moving more into balance. However, any decrease in selling values is likely to be less severe than those experienced in previous cycles.

Lessons appear to have been learned. Building up an industry to production levels well beyond domestic demand will inevitably create retaliation from the authorities in those countries that are affected by imports of the resultant oversupply.

In China, the environmental problems from the many outdated and polluting facilities have now prompted the government to instigate real cuts in capacity. Many of the older steelmaking units are now scheduled for permanent closure. For other plants, the management will be forced to install equipment to solve the current pollution situation.

The new policy of the Chinese authorities will be welcome news for the local population. It could be a forerunner to more normalisation in the trading of steel in the future across the world. A reduction in Chinese steelmaking capacity to nearer domestic requirements would be welcomed in the international steel market. It would also avert any rapid reduction in steel selling figures as the producers ramp up output to take advantage of the current high prices.


http://www.meps.co.uk/viewpoint317.htm

Posted by CDYS > 2017-04-05 09:05 | Report Abuse

MYCON COME BACK

Posted by Nigel Low > 2017-04-05 09:50 | Report Abuse

Looking at trend reversal. Nice!

Posted by mani_cum > 2017-04-05 10:20 | Report Abuse

above RM1 , all chase like no tmr. Below 0.800 lukewarm responce. Wakaka!!

Posted by 晓雨霖 > 2017-04-05 11:04 | Report Abuse

CLAP HAND!!!!!!

Posted by Nigel Low > 2017-04-05 14:39 | Report Abuse

Wow....go go Mycron!

Posted by kk83 > 2017-04-05 14:44 | Report Abuse

rebounding now

Posted by Nigel Low > 2017-04-05 14:44 | Report Abuse

Steel counters are back.

Posted by weihan0914 > 2017-04-05 15:01 | Report Abuse

wow....

Posted by hueyyng27 > 2017-04-05 15:02 | Report Abuse

any TP for this counter?

Posted by kk83 > 2017-04-05 15:10 | Report Abuse

tp like 0.90

Posted by mani_cum > 2017-04-05 15:17 | Report Abuse

good good

Posted by moregain > 2017-04-05 15:18 | Report Abuse

Mycron, strong. Spearheading forth.

Posted by bliss08 > 2017-04-05 15:19 | Report Abuse

geng.

Posted by kk83 > 2017-04-05 15:22 | Report Abuse

can break 0.85 today? haha

Posted by hueyyng27 > 2017-04-05 15:22 | Report Abuse

seems like last two weeks purposely washing out those no confidence one ....

Posted by kk83 > 2017-04-05 15:42 | Report Abuse

4pm show time.

Posted by stocker > 2017-04-05 16:35 | Report Abuse

why all so optimistic?

Posted by Nigel Low > 2017-04-05 17:04 | Report Abuse

Closed at day high. Splendid!

Posted by hueyyng27 > 2017-04-05 17:13 | Report Abuse

The white marubozu candle indicates that buyers controlled the price of the stock from the opening bell to the close of the day, and is considered very bullish.

Posted by kk83 > 2017-04-05 17:17 | Report Abuse

Hope continue uptrend after oversold for last two month

Posted by pingdan > 2017-04-05 20:26 | Report Abuse

finally is back to track....

Posted by hueyyng27 > 2017-04-06 09:05 | Report Abuse

gap up, bullish.... can reach 0.90 today? :)

Posted by bliss08 > 2017-04-06 09:21 | Report Abuse

too fast, too strong.

Posted by kk83 > 2017-04-06 09:25 | Report Abuse

0.90 today gogogo

Posted by Nigel Low > 2017-04-06 09:31 | Report Abuse

Very nice movement today. Congrat!!

Posted by kk83 > 2017-04-06 09:46 | Report Abuse

big block 0.865 to 0.87

Posted by Nigel Low > 2017-04-06 12:07 | Report Abuse

Better to move uptrend on a slow pace from now on.

Posted by hueyyng27 > 2017-04-06 12:28 | Report Abuse

many kana washed out before. luckily I revisited the company FA during the down time, gave me enough confidence to hold.

Posted by hueyyng27 > 2017-04-06 12:32 | Report Abuse

quarter 3 result will out end of May, sure show time before that. Be patient & hold tight :)

Posted by markphang > 2017-04-06 14:35 | Report Abuse

Hi, I am quite new to the stock market. Is the price jump before or after result announcement?

Posted by CDYS > 2017-04-06 19:14 | Report Abuse

WHAT THE NEXT TP ?

Posted by hueyyng27 > 2017-04-07 10:58 | Report Abuse

let it rest a bit before flying again....

Posted by Nigel Low > 2017-04-07 11:14 | Report Abuse

Rest of steel counters still up. Don't worry

Posted by IANFUJI > 2017-04-10 15:24 | Report Abuse

Drop again..

Posted by IANFUJI > 2017-04-12 11:51 | Report Abuse

I also still hold it..This is good counter with good PE ratio.

Posted by Tom > 2017-04-12 11:59 | Report Abuse

wakaka 0.785 again

Posted by lingling66 > 2017-04-12 13:54 | Report Abuse

should hold 1st??

Posted by nojokehere > 2017-04-12 15:07 | Report Abuse

just added @ .785

Posted by bleuerouge > 2017-04-12 15:15 | Report Abuse

go go mycron...

Posted by bleuerouge > 2017-04-12 15:50 | Report Abuse

hopefully can blast the wall 87.5c and 90.5c very soon

Posted by pingdan > 2017-04-12 15:58 | Report Abuse

i though will be drop to 0.75 again.. I holding cash and i redget now... however lucky i didnt sell my existing share

Posted by yeekarwai 95 > 2017-04-12 17:22 | Report Abuse

Any news from MITI

Posted by yeekarwai 95 > 2017-04-12 20:59 | Report Abuse

safeguard duties