Posted by bleuerouge > 2017-07-27 12:08 | Report Abuse

when was the last time mycron shoot more than 5c in a day?

Posted by anson938 > 2017-07-27 12:11 | Report Abuse

As predicted,Mycron standby to fly to highest

Posted by anson938 > 2017-07-27 15:22 | Report Abuse

Price range within 0.85-1.07 until end of August before QR out.

Posted by Stock Kingdom > 2017-07-27 20:56 | Report Abuse

Undervalued

Posted by 明天会更好 > 2017-07-28 17:36 | Report Abuse

铁管生意好像越做越好

Posted by Hwai Hooi > 2017-07-31 11:28 | Report Abuse

铁管生意好像越做越好....price keep drop...good for trap ppl

Posted by Voon Seong Chin > 2017-07-31 11:31 | Report Abuse

crc price continue surge to new high..... just buy and collect more

Posted by matmat > 2017-08-01 11:08 | Report Abuse

need strong stimulus to wake up this counter

Posted by IANFUJI > 2017-08-03 06:47 | Report Abuse

It will reach 1 very soon based on recent steel price.

Posted by anson938 > 2017-08-03 11:47 | Report Abuse

Yup!Target price 1.08

Posted by STC1136 > 2017-08-07 14:08 | Report Abuse

China Mill price for Hot Rolled Coil Big up today again between 3.5% to 5% , now market price up like crazy....

Malaysia Mill price will follow very soon, As china supply 50% of worldwide market, sooner malaysia Small Mill like Annjoo,Southern,Lionind, MAsteel will up.

HR per ton should surpass to RM2,600 by this month

CR per ton also up between RM3,300 to 3,600

All metal who keep high inventory sure huat this round........

Posted by Voon Seong Chin > 2017-08-09 15:04 | Report Abuse

mycron is back in action...FLy............

Posted by bleuerouge > 2017-08-09 23:29 | Report Abuse

it went up 5c, bravo mycron !!

Posted by paktua73 > 2017-08-10 09:21 |

Post removed.Why?

Posted by paktua73 > 2017-08-10 09:22 |

Post removed.Why?

Posted by paktua73 > 2017-08-14 02:34 | Report Abuse

old man hold 118.250k unit at 0.846
lost latest RM7.2k
just on paper still hold not sell..

Posted by Leong Kok Yew > 2017-08-16 17:06 | Report Abuse

No more show?

Posted by Vicchai > 2017-08-19 09:50 | Report Abuse

"Old man"mean is?

Posted by audacity > 2017-08-21 10:35 | Report Abuse

KUALA LUMPUR: CSC Steel Holdings Bhd is in a strong position within the sector to reap the benefits from the pick-up in domestic steel demand, and to plug the supply gap, according to Maybank Investment Research.

Maybank Investment Research expects CSC's 57% market share in carbon cold rolled coil steel industry production in Malaysia to grow further due to sustainable domestic demand, restrictions on steel imports and the temporary absence of competition from Megasteel.

The research house forecasts a two-year earnings CAGR of 15% fuelled by recovering steel demand in various key industries in Malaysia; a supply gap to fill amid the absence of Megasteel's output and less cheap imported steel available owing to anti-dumping duties; a favourable CRC steel price outlook; and a better product mix leading to higher margins.

Maybank Investment Research initiates a "buy" call on CSC with a target price of RM2.02.

"Valuation is undemanding; it is trading at below the average of its five-year historical forward PER of 10.5x. We forecast CSC’s earnings to grow at an annual double-digit pace (~15% pa) over the next two years (FY18-19).

"We forecast CSC’s earnings to grow at an annual double-digit pace (~15% pa) over the next two years (FY18-19). Our TP is based on 10.5x FY18F EPS. We also like CSC for its net cash position and strong free cash flow that can reward shareholders with stable dividend payouts," it says.

Posted by samchua1001 > 2017-08-23 10:35 | Report Abuse

Anjoo make me sad T.T remember to hold for next quater！next quater will be our day！

Posted by Ivan89 > 2017-08-23 21:57 | Report Abuse

Right issue and free warrant . Tmr up or down?

Posted by STC1136 > 2017-08-24 11:59 | Report Abuse

Why need to do right issue? with current trend, profit margin higher, can not generate internal fund?

They do not pay dividends for the past 7 years despite of they are making profit.

Still need invester to pump in money?

No way!!!!

Sell today!!!

Posted by STC1136 > 2017-08-24 12:00 | Report Abuse

Pity for those long holding invester......lucky i am not

Posted by Olga > 2017-08-24 12:40 | Report Abuse

STC1136 China Mill price for Hot Rolled Coil Big up today again between 3.5% to 5% , now market price up like crazy....

Malaysia Mill price will follow very soon, As china supply 50% of worldwide market, sooner malaysia Small Mill like Annjoo,Southern,Lionind, MAsteel will up.

HR per ton should surpass to RM2,600 by this month

CR per ton also up between RM3,300 to 3,600

All metal who keep high inventory sure huat this round........
07/08/2017 14:08

Posted by Olga > 2017-08-24 12:40 | Report Abuse

STC1136 Why need to do right issue? with current trend, profit margin higher, can not generate internal fund?

They do not pay dividends for the past 7 years despite of they are making profit.

Still need invester to pump in money?

No way!!!!

Sell today!!!
24/08/2017 11:59

Posted by Olga > 2017-08-24 12:40 | Report Abuse

one day positive one day negative

Posted by Olga > 2017-08-24 12:41 | Report Abuse

Actually i also saw and was wondering why rights issue before qoq out?

Posted by Olga > 2017-08-24 12:41 | Report Abuse

Why not rights issue after Qoq?

Posted by KLCI King > 2017-08-25 17:25 | Report Abuse

As expected, CSCSteel profit margin affected badly with the increase in price of Hot Rolled Coil but failed to transfer to its customers.

First was YKGI, now CSCSteel, it would be interesting to know how Mycron performs.

Mycron may be saved by its steel pipe division but CRC division will surely badly affected too.

Posted by Tjaifc > 2017-08-25 17:43 | Report Abuse

when Qr2 out...nxt wk??

Posted by comebackisreal > 2017-08-27 01:28 | Report Abuse

Right issue... Shit

Posted by VenFx > 2017-08-27 09:07 | Report Abuse

I'm surprised Mycron can't generatr fund internally for it's Hydrogen peroxide cleaning line expenditure for a merely $15mil .... could that mean Melewar has eroded Mycron's cash ?

Posted by VenFx > 2017-08-27 09:10 | Report Abuse

I hv no comments for Right issue ,
if they are for Setting out new facilities for future growth tapping .

Posted by VenFx > 2017-08-27 09:25 |

Post removed.Why?

Posted by Olga > 2017-08-27 13:25 | Report Abuse

seriously, melewar rights issue 1:1 compared to mycron 1:5.. mycron is anytime better.. but 70% of mycron is held by melewar so mainly it is melewar taking up mycron's rights issue..

i feel only melewar needs the rights issue more than mycron unless something bad this coming qoq in mycron.

but if mycron's coming qoq is good mycron's rights issue looks good

Posted by Olga > 2017-08-27 13:52 | Report Abuse

Melewar's Rights Issue:

At the issue price of RM0.20 per Rights Share, the Proposed Rights Issue of Shares with Warrants will raise between approximately RM11.50 million and RM45.11 million based on the following scenarios, with the following proposed utilisation: -

Minimum Scenario : Assuming the Minimum Subscription Level
Maximum Scenario : Assuming all Entitled Shareholders fully subscribe for their entitlements to the Rights Shares with Warrants

Proposed Utilisation

Minimum Scenario 11,500 (RM’000)
Subscription of MIGB’s entitlement under Mycron’s Proposed Rights Issue (as defined herein)(1)
10,800

Estimated expenses in relation to the Proposals(3)
700

Mycron's Rights Issue:

At the issue price of RM0.50 per Rights Share, the Proposed Rights Issue of Shares with Warrants will raise between approximately RM10.80 million and RM28.36 million based on the following scenarios, with the following intended utilisation: -

Minimum Scenario : Assuming the Minimum Subscription Level
Maximum Scenario : Assuming all Entitled Shareholders fully subscribe for their entitlements to the Rights Shares with Warrants

Minimum Scenario 10,800 (RM’000)
Capital expenditure(1)
10,100

Estimated expenses in relation to the Proposed Rights Issue of Shares with Warrants(3)
700

Mycron is the beneficiary of Melewar's Rights Issue. In return the price of Mycron Rights Shares is cheap at rm0.50 for melewar. And under minimum senario basically melewar is just "giving cash" by the directors coming out with their own money through their sendirian berhad to Mycron. Mycron's Rights Issue is good as long as Mycron's results is good. Free cash for a profittable company is always welcomed. Melewar's Rights Issue is very dilutive bt Mycron's Rights Issue is not much dilutive (including the warrants at maximum senario is 30% dilution).

Posted by Olga > 2017-08-27 13:53 | Report Abuse

All the above are taken from melewar's and mycron's rights issue attachment available on bursamalaysia

Posted by comebackisreal > 2017-08-27 16:04 | Report Abuse

Nowadays, investor dun like right issue ma, expect share price will drop

Posted by VenFx > 2017-08-27 16:13 | Report Abuse

Avoid Melewar at all means. ...
That company run by incompatible management ... has caused numerous bleeding non stop projects ....

Posted by VenFx > 2017-08-27 16:15 | Report Abuse

I love R.i.;
but got to study their money is use for future growth or paying debts.
Asking price and diluted ratio to be examined before jump in.

Posted by Olga > 2017-08-27 18:08 | Report Abuse

okay.. rights issue my view is mycron's okay but melewar's terrible. lol sorry melewar. but can anyone give any feedback on this question:

Olga Actually i also saw and was wondering why rights issue before qoq out?
24/08/2017 12:41
X
Olga Why not rights issue after Qoq?
24/08/2017 12:41

Posted by Olga > 2017-08-27 18:14 | Report Abuse

Yes, rights issue is the way to make money ! But it depends on which rights issue. VenFx is hoping for mycron OR. hahaha. i doubt it will be cheap during the trading of OR..

VenFx I love R.i.;
but got to study their money is use for future growth or paying debts.
Asking price and diluted ratio to be examined before jump in.
27/08/2017 16:15

Posted by Olga > 2017-08-27 18:15 | Report Abuse

Well, lets see the Qoq comign out any day from tomorrow.. interesting.. i also want a bargain !!!

Posted by Tjaifc > 2017-08-29 13:47 | Report Abuse

habis la..keep dropin lg...

Posted by samchua1001 > 2017-08-29 17:58 | Report Abuse

hahaha....habis liao buy when 0.865

Posted by AllBigWin > 2017-08-29 18:20 | Report Abuse

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5087

Posted by tokohM > 2017-08-29 18:43 | Report Abuse

Me too

Posted by eagle100 > 2017-08-29 18:52 | Report Abuse

QR is out. Yoy drop 25%

Posted by kk83 > 2017-08-29 19:22 | Report Abuse

Tomorrow no eyes see.

Posted by riko > 2017-08-29 19:33 | Report Abuse

why die ... revenue up kuat...