Posted by IANFUJI > 2017-12-05 18:01 | Report Abuse

Strong support at 0.52..0.515..0.51..
The price will around this range before rebound.

Posted by paktua73 > 2017-12-06 10:50 | Report Abuse

old man hard buy from yesterday until now
from 0.51 to 0.53
now old man manage back avvrge down
back to lower level at 0.5263
old man still strong here
tut tut

Posted by PotentialGhost > 2017-12-06 20:16 | Report Abuse

LOL PE only 4.86 。

Posted by PotentialGhost > 2017-12-06 20:17 | Report Abuse

Even 2008 also never see 4.86 PE

Posted by Lukesharewalker > 2017-12-08 10:30 | Report Abuse

Well, I think they need to drive it up for the RI...good entry now

Posted by MHH019 > 2017-12-15 10:00 | Report Abuse

SO HOW IT GOES ? BASED ON TA THIS ONE SHOULD BE BUY

Posted by mamatede > 2017-12-18 17:28 | Report Abuse

hopefully next quarter is not losing money, else these Pe suddenly become double digit.. negative double digit

Posted by chia88 > 2017-12-27 15:12 | Report Abuse

year low - buying time buddy

Posted by mamatede > 2017-12-27 15:20 | Report Abuse

new year new tariff new cost new quarter new pe..everything new

Posted by Goldchia MH > 2017-12-29 17:38 | Report Abuse

Right issue coming

Posted by InvestKLSE88 > 2018-01-06 17:43 | Report Abuse

Cheer up guys. MYCRON going up. I have topped-up my investment.

Posted by paktua73 > 2018-01-07 15:26 | Report Abuse

he he old man earn profit back on paperlaa
tut tut will ride up
tut tut

Posted by JCWIN > 2018-01-16 21:16 | Report Abuse

PE 5 only...but no vol..lolx

Posted by Lukesharewalker > 2018-01-17 12:25 | Report Abuse

Operator gives opportunity to buy again....

Posted by Mohd Fahmi Bin Jaes > 2018-01-19 23:58 | Report Abuse

Sure holland and hawai

Posted by lavenderong > 2018-01-25 14:48 | Report Abuse

Hope to see past glory in this stock. At the bottom now.

Posted by Lukesharewalker > 2018-01-30 13:31 | Report Abuse

Testing triple bottom now? Lol

Posted by Lukesharewalker > 2018-02-04 13:59 | Report Abuse

What happened to the RI?

Posted by Dartmaster > 2018-02-04 15:07 | Report Abuse

Don't just depend purely on technicals for this counter. Check on the product that this company is making. If I'm not wrong they DO NOT produce steel billet which is the only lucrative product that is selling like hot cakes in the market. That is why masteel and lion are doing well and this company isn't. Their management suck as well, cash rich but no dividend no expansion no nothing ...

Posted by Lukesharewalker > 2018-02-05 22:21 | Report Abuse

still need to drive price upwards for RI

Posted by Lukesharewalker > 2018-02-28 17:34 | Report Abuse

Now you know why its sold down..

Posted by Lukesharewalker > 2018-03-01 09:56 | Report Abuse

annualised @ pe5 is 36 cents

Posted by IANFUJI > 2018-03-08 08:06 | Report Abuse

Keep dropping. Hope to stop drop and drive up slowly..

Posted by matmat > 2018-03-23 20:36 | Report Abuse

Need to push this counter up..hope some miracle

Posted by Faiza > 2018-04-11 10:45 | Report Abuse

up up

Posted by matmat > 2018-04-17 20:00 | Report Abuse

Right issue with warran

Posted by ivanyong > 2018-04-19 09:34 | Report Abuse

no news????

Posted by matmat > 2018-04-19 21:07 | Report Abuse

proposed in egm tomorrow...but i hope someone will request for dividend..

Posted by VincentTang > 2018-04-24 10:54 | Report Abuse

Sell In May And Go Away
http://klse.i3investor.com/blogs/Backtesting/85101.jsp

Posted by ivanyong > 2018-05-01 22:15 | Report Abuse

this counter good guarded

Posted by Cockroach Paul Lee > 2018-05-04 18:15 | Report Abuse

8 yrs No dividends? Let’s protest! Shoutout loud at mycron gate lol

Posted by KLCI King > 2018-05-30 19:33 | Report Abuse

Sayunana, gone case, those hope to recover back to RM1 better wake up

Posted by IANFUJI > 2018-07-10 12:33 | Report Abuse

0.5 in the morning.. Gradually drop to 0.41..

Posted by PotentialGhost > 2018-07-27 09:11 | Report Abuse

Good , stupid sell all in below 0.40

Posted by paktua73 > 2018-07-27 09:20 | Report Abuse

paktua manage sold couple time at 0.525
so long stuck here

tut tut
just take back all money stuck
loss but can be accepted

Posted by pidan2014 > 2018-07-30 15:18 | Report Abuse

Buying activities start just now ..................

Posted by Yael Jasper > 2018-08-03 09:58 | Report Abuse

Potential stock, worth to invest

Posted by Lim Tek Wai > 2018-08-03 11:24 | Report Abuse

Bought it last week, hehe

Posted by commonsense > 2019-01-23 14:35 | Report Abuse

The low profit level seen in 4Q18 and 1Q19 are expected to continue in the near future due to cheap steel import mainly from China that had flooded the market. With lower demand due to the slowdown of the construction and property industries, all local steel player will need to lower their price of products (at the expense of margins) in order to survive. The only way for this negative trend to turnaround and improve the company’s profit level is if MITI would step in and impose further safeguards measure. Till then, expect Mycron to continuously record lower profit in the near future. Assuming the trend continues, the company is expected to deliver a profit of around RM6mil in FY19. At the current share price, the company is valued at around 15.8x PE which might be a bit high given the doubts in the company’s ability to deliver growth in the future.

If you are looking to diversify your portfolio outside of Mycron (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company profit by around RM10mil to RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analyst is around RM3.50.

Good luck.

Posted by dompeilee > 2019-04-10 15:57 | Report Abuse

Bought some Mycron @ 31c

Posted by 镠公公 > 2019-04-11 15:30 | Report Abuse

Rubbish counter. TP 17c

Posted by lalalala8888 > 2019-05-08 14:18 | Report Abuse

turning point?

http://www.federalgazette.agc.gov.my/outputp/pua_20190508_PUA%20127.pdf

Posted by No right Nor wrong Only to Win > 2019-08-28 18:04 | Report Abuse

Die lor !

Posted by No right Nor wrong Only to Win > 2019-08-28 18:05 | Report Abuse

going back to 0.210

Posted by Babubilbo > 2019-12-11 18:04 | Report Abuse

bile mau naik daa...

Posted by hairi > 2019-12-26 18:03 | Report Abuse

https://www.theedgemarkets.com/article/malaysia-slaps-antidumping-duties-cold-rolled-coils-these-countries

Posted by Babubilbo > 2019-12-27 12:16 | Report Abuse

what happen??

Posted by super168 > 2019-12-30 09:22 | Report Abuse

mycron up strongly. Waiting to see it going above 0.50

Posted by dompeilee > 2019-12-30 10:54 | Report Abuse

dompeilee Bought some Mycron @ 31c
10/04/2019 3:57 PM

SOLD some Mycron @ 37c

Posted by IANFUJI > 2019-12-30 23:24 | Report Abuse

Soon 60 cent