Posted by leelc99 > 2017-06-14 10:21 | Report Abuse

Other steel stocks down, Mycron up. And vice versa. Facepalm

Posted by ChasingDreamz > 2017-06-14 10:41 | Report Abuse

keep2. Ore price plunge last 1-2 month. Less cost for mycron. keep at least until nxt quater. Can also keep 5 years as china is on long term steel manufacture consolidation policy as well as restriction by local authorities on steel dumping.

Posted by Icon8888 > 2017-06-14 12:47 | Report Abuse

Low iron ore price augurs well for Mycron as hot rolled coil becomes cheaper

Posted by Icon8888 > 2017-06-14 12:47 | Report Abuse

RM1.00 I happy already

Posted by sineo > 2017-06-14 12:59 | Report Abuse

Hi all sifu, anyone can share whether mycron steel products are more for property building material use or more for other constructions works like road, rails ( MRT) projects

Posted by Kitkat88 > 2017-06-14 13:21 | Report Abuse

technical chart show Double bottom,maybe go up to rm1

Posted by STC1136 > 2017-06-14 15:30 | Report Abuse

My entry point 0.86, Icon brother yr entry point?

Posted by STC1136 > 2017-06-14 15:32 | Report Abuse

For HRC market, If let you choose Masteel or Lion Ind, I prefer to keep Masteel, how about you?

Posted by STC1136 > 2017-06-14 16:03 | Report Abuse

Sineo, if said Mycron production can use for building material or MRT project, answer is yes.

Mycron is producing 70% Coll-Rolled Coil(higher quality), mainly use for Oil & Gas/Palm Oil/Automotive. further Coil convert to Cold Roll sheets use for coating/HDG products. The demand is keep increasing especially Oil & Gas Sector.

Old time, when oil price on > USD100, most Oil company use Stainless steel for infra structure, however when Oil drop mostly swap their applicant to coating /HDG products, or use FRP as cheaper material. Therefore demand is increasing.

The shut down of Megasteel factory not much affect Mycron business, as there are totally different business model.

Another product consist 30% is pipe tune which has better profit margin.

Posted by leelc99 > 2017-06-14 16:58 | Report Abuse

Mycron really mai kong liao lahhhhh

Posted by rabbit1216 > 2017-06-19 11:40 | Report Abuse

going to break support level again?

Posted by comebackisreal > 2017-06-19 18:42 | Report Abuse

This counter is really short term play..Perfect for trader

Posted by Musangfoxk1ng > 2017-06-20 07:47 | Report Abuse

Buy it while it is cheap!!

Posted by tokohM > 2017-06-21 17:07 | Report Abuse

what happened to this company ?

Posted by davkitz > 2017-06-21 17:08 | Report Abuse

shit i stucked at 1.0

Posted by tokohM > 2017-06-21 17:25 | Report Abuse

i also got caught and then keep dropping while AYS keep going up

Posted by ProStockbroker > 2017-06-21 20:00 | Report Abuse

Buy more to average down before it starts to move.

Posted by sbg3106 > 2017-06-21 20:15 | Report Abuse

i am not KYY nor Coldeye have so many bullets

Posted by Hwai Hooi > 2017-06-27 13:15 | Report Abuse

this stock still dont go up

Posted by davkitz > 2017-06-29 13:26 | Report Abuse

should cut loss?

Posted by Hwai Hooi > 2017-06-29 13:36 | Report Abuse

if 0.80 cut loss

Posted by bleuerouge > 2017-07-03 15:44 | Report Abuse

hold on there, reversal coming soon.

Posted by davkitz > 2017-07-04 15:33 | Report Abuse

i stuck at very high thr...doubt whether reversal can break even =(

Posted by bleuerouge > 2017-07-05 11:58 | Report Abuse

c'mon mycron..

Posted by bleuerouge > 2017-07-05 16:35 | Report Abuse

there you go..

Posted by Hwai Hooi > 2017-07-05 16:36 | Report Abuse

i also stuck very high...the price cannot go up

Posted by bleuerouge > 2017-07-05 16:38 | Report Abuse

gonna test 87.5c..

Posted by anson938 > 2017-07-05 17:05 | Report Abuse

yup......volume coming & will fly to RM1.00 soonly

Posted by slee > 2017-07-05 17:44 | Report Abuse

MACD golden cross

Posted by koay_23 > 2017-07-05 18:01 | Report Abuse

@slee...tomorrow will break 0.885...:-)

Posted by slee > 2017-07-05 18:33 | Report Abuse

So fast ah, Direct to resistance meh. Haha

Posted by Ivan89 > 2017-07-11 10:46 | Report Abuse

What happen to mycron

Posted by kk83 > 2017-07-11 10:52 | Report Abuse

drop like no tomorrow.omg

Posted by Ricky Tai Zhi Hao > 2017-07-11 11:56 | Report Abuse

All metal related drop

Posted by Voon Seong Chin > 2017-07-11 14:21 | Report Abuse

buy call..... if you all have follow global steel price movement, u will know crc steel price go up a lot past few week!!! so now time to buy....... target price rm1

Posted by Harold Huong > 2017-07-12 07:07 | Report Abuse

Let wait and see...

Posted by bleuerouge > 2017-07-14 11:08 | Report Abuse

counter still not open, got news ka?

Posted by kk83 > 2017-07-14 11:36 | Report Abuse

today counter sleeping already?

Posted by STC1136 > 2017-07-16 21:49 | Report Abuse

Due to strong HRC & CRC price up recently, The Metal theme will soon to start play before Oct 17. Worth to buy and keep between 0.72 to 0.76.

My TP with 1.05 within this year.

Posted by Hwai Hooi > 2017-07-17 16:22 | Report Abuse

cut loss?

Posted by kk83 > 2017-07-18 17:05 | Report Abuse

call for massive drop and massive shoot..so funny

Posted by Ivan89 > 2017-07-19 08:44 | Report Abuse

Good management and able to strengthen high crc price and remain cost efficient due to high hrc price. Look at current price, room of improvement

Posted by masterus > 2017-07-24 07:46 | Report Abuse

Copper prices grind away at overhead resistance

21st July, 2017 11:32 AM by Will Adams
FastMarkets

Base metals prices on the London Metal Exchange are up by an average of 0.5% this morning, Friday July 21. Tin is bucking the trend with prices off 0.1% at $20,090 per tonne, while the rest have gains of between 0.4% for aluminium and 0.7% for zinc, with three-month copper prices up 0.6% at $6,009 per tonne. Copper seems to be grinding away at overhead supply.

Volume has been average with 6,334 lots traded as of 07:22 BST.

This comes after a day of consolidation on Thursday when copper, lead and tin closed slightly higher, aluminium and zinc closed off around 0.3% and nickel dropped 1.5% to $9,510 per tonne.

Posted by anson938 > 2017-07-25 10:43 | Report Abuse

ready for fly......target price 1.07

Posted by Superhero77 > 2017-07-25 11:35 | Report Abuse

Yup.We will see the uptrend soonly...big leg are collecting now....

Posted by Hwai Hooi > 2017-07-25 15:18 | Report Abuse

mycron drop so enough.....

Posted by lingling66 > 2017-07-25 20:10 | Report Abuse

drop till no tears ady...pls awake

Posted by Hwai Hooi > 2017-07-26 14:51 | Report Abuse

is time to rebound

Posted by faithful > 2017-07-27 11:03 | Report Abuse

Hopefully can maintain like this until result announcement

Posted by samchua1001 > 2017-07-27 11:14 | Report Abuse

Macd ady meet up