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

Posted by Molek Nan Fang > 2016-09-05 16:01 | Report Abuse

Mycron Steel的确是不可多得的低估值钢铁股,以6倍本益比计算, 估值可达到RM1.22。

SuperMan 99

1,178 posts

Posted by SuperMan 99 > 2016-09-05 16:13 | Report Abuse

Seem like this stock forget to put on break

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 16:16 | Report Abuse

Hi superman sifu, this stock is crazy today, so happy.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 16:42 | Report Abuse

Flying now.....

bonbon

181 posts

Posted by bonbon > 2016-09-05 16:43 | Report Abuse

Wow wow wow.... totally amazing

Up_down

4,305 posts

Posted by Up_down > 2016-09-05 16:44 | Report Abuse

Up 22 percent and yet many people are chasing now....dizzy.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 16:44 | Report Abuse

Agreed, to my surprise, today so geng, most 30 active stocks, just a few spots from Masteel.

bonbon

181 posts

Posted by bonbon > 2016-09-05 16:49 | Report Abuse

All steel counters performed very well today

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 16:51 | Report Abuse

UP 24 percent, can't feel more happy than this

murali

5,723 posts

Posted by murali > 2016-09-05 16:58 | Report Abuse

Champion of Steel today : Mycron; second place goes to YKGI-WB

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 17:01 | Report Abuse

Thanks, murali, forgot about YKGI-WB

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 17:06 | Report Abuse

My ultimate target is RM1.30, still long way to go

Ahbeng11

198 posts

Posted by Ahbeng11 > 2016-09-05 17:36 | Report Abuse

Wah, daksyat gila

Max Yong

276 posts

Posted by Max Yong > 2016-09-05 17:36 | Report Abuse

Any idea why does it fly so much in a day ? :O

elvingan

243 posts

Posted by elvingan > 2016-09-05 17:48 | Report Abuse

WOW TP RM 0.85,PE =10

Chelsea

223 posts

Posted by Chelsea > 2016-09-05 17:56 | Report Abuse

The tp will be rm1.20 just matter of time .
Current eps is 8.56
Taking average every quarter is 3 will generate eps 12
Taking pe is 10 and will translate to rm1.20
Buy at own risk.
But a lot of positive factor that will boost this share due to china agree to reduce steel, our law imposed anti dopinng for crc and steel price keep increase

gladiator

667 posts

Posted by gladiator > 2016-09-05 18:02 | Report Abuse

steel company will not reach PE 10 because steel price fluctuates but PE 8 is very good d.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 18:09 | Report Abuse

If based on last 4Q to project for Mycron's next 4Q results, it will be quite misleading. Please read carefully on the last 4QR & you may get something out of it.

My calculation is forward PE 6x at price of RM1.30.

Posted by wealthwizard > 2016-09-05 18:13 | Report Abuse

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

Wonder why it is not tagged by the admin?

Posted by wealthwizard > 2016-09-05 18:15 | Report Abuse

moneysifu, I think my working on Mycron's future PE is not far away from yours, let's see in my next article.

probability

14,460 posts

Posted by probability > 2016-09-05 20:28 | Report Abuse

MoneySifu...you really sharp.. please advise at current price which is slightly better among Mycron and Cscstel?

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 20:52 | Report Abuse

Hi probability, it's little bit of luck, not really sharp lah (◠﹏◠)

For CRC producers, I put 60 percent on Mycron & 40 percent on CSCSteel. Even after today, I will still choose the same ratio.

CSCSteel is Industry Leader and is having extremely strong balance sheet & cash flow plus good dividend records, so it is an easy decision.

For Mycron, I sincerely believed that market had treated unfairly to this stock, if compared to all other producers including EonMetal & YKGI.

probability

14,460 posts

Posted by probability > 2016-09-05 20:59 | Report Abuse

thanks MoneySIFU....thumbs up to you!

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-05 22:32 | Report Abuse

Welcome, probability, sama sama kita berjaya

elvingan

243 posts

Posted by elvingan > 2016-09-06 01:10 | Report Abuse

6/9/2016 will hit Rm 0.65 xixi...

jcwm22

94 posts

Posted by jcwm22 > 2016-09-06 02:55 | Report Abuse

Elvingan, if it really hits 65 sen, I will buy you lobster dinner. :)

jcwm22

94 posts

Posted by jcwm22 > 2016-09-06 03:01 | Report Abuse

Moneysifu, I just saw your valuation of RM1.30. If it goes that high, quite a number of lobster dinners are in order!!!

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 09:03 | Report Abuse

My short term TP = RM0.70, then every month up 10 cents to finally RM1.30, haha, hope dream can come true

Posted by wealthwizard > 2016-09-06 09:35 | Report Abuse

Huge Potential Upside for CRC Steel Producers: CSCSteel (+24 percent) & Mycron (+90 percent) (Part 2)
http://klse.i3investor.com/blogs/wealth123/103812.jsp

Posted by i3inverstor > 2016-09-06 09:57 | Report Abuse

real steel ... like hot cake

murali

5,723 posts

Posted by murali > 2016-09-06 09:57 | Report Abuse

Guess who will be the champion of steel today...my votes goes to YKGI-WB...

Up_down

4,305 posts

Posted by Up_down > 2016-09-06 09:57 | Report Abuse

so strong momentum. It's almost 70 cents.

apasajalah

151 posts

Posted by apasajalah > 2016-09-06 09:57 | Report Abuse

MURALI....YESSS....YKGH-WB....

pang72

49,611 posts

Posted by pang72 > 2016-09-06 10:05 | Report Abuse

Wah!! Huat la...

WeaponX

66 posts

Posted by WeaponX > 2016-09-06 10:14 | Report Abuse

Lets not forget AISB, steel counter which hasnt run up yet. Industrial factory sold at 70 mil plus development of Avant park with est GDV of RM 110 mil in progress versus maeket cap of only RM64 mil at current price! Grab it while it lasts!!!!

Albukhary

2,953 posts

Posted by Albukhary > 2016-09-06 10:27 | Report Abuse

It time to switch to PRESTAR, a good steel company with forward PE 5-6 times only.
Good dividend yield, and never incurred loss for past 10 years.

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 10:37 | Report Abuse

Continue keep, still far far away from my target, gogogo

bonbon

181 posts

Posted by bonbon > 2016-09-06 10:38 | Report Abuse

Oh YKGI-WB.. I totally forgot this YKGI, Had missed the boat since it started

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 10:46 | Report Abuse

Murali, I have to admit I have totally overlooked at YKGI-WB, how can it be....... ( ಠ◡ಠ )

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 10:47 | Report Abuse

Hehe, this one also not bad lah \(^○^)人(^○^)/

PitBulL

198 posts

Posted by PitBulL > 2016-09-06 10:49 | Report Abuse

moneySIFU, what's your TP?

elvingan

243 posts

Posted by elvingan > 2016-09-06 10:50 | Report Abuse

jcwm22 我的大餐呢?嘻嘻。。。

elvingan

243 posts

Posted by elvingan > 2016-09-06 10:52 | Report Abuse

New high RM 0.695 WOW...

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 11:03 | Report Abuse

Seem like today target is RM0.67

Posted by wealthwizard > 2016-09-06 11:05 | Report Abuse

Nope, moneysifu, it is just resting now, more to come

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 11:34 | Report Abuse

I was wrong, wealthwizard, today target should be RM0.70, thank you very much!!!

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 11:35 | Report Abuse

Hi PitBull, my longterm target is RM1.30.... today is RM0.70 ٩(^‿^)۶

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 11:54 | Report Abuse

hehe, lai liao...

probability

14,460 posts

Posted by probability > 2016-09-06 11:54 | Report Abuse

go go Mycron...he he

moneySIFU

5,855 posts

Posted by moneySIFU > 2016-09-06 11:55 | Report Abuse

You know what, probability, I added more this morning, since it is hot already....
\(^○^)人(^○^)/

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