Posted by m3379 > 2021-04-20 21:26 | Report Abuse

Or average up for those who have accumulated in March

Posted by Kikster > 2021-04-21 11:31 | Report Abuse

What TP are we looking at?

Posted by dique15 > 2021-04-21 12:56 | Report Abuse

The high during 17/18 was around RM1.10, the the current CRC selling price is higher than 17/18.
Gauge yourself...

Posted by fairyz > 2021-04-22 03:19 | Report Abuse

BO soon?

Seems keep going up without much resistance - rm1 possible?

Posted by ZaxKDash > 2021-04-26 09:03 |

Post removed.Why?

Posted by faithful > 2021-04-26 11:54 | Report Abuse

what is the TP ?

Posted by yong115 > 2021-04-30 12:23 | Report Abuse

Nice, break 90 cents

Posted by bullmarket1628 > 2021-04-30 12:26 |

Post removed.Why?

Posted by caonima > 2021-04-30 16:01 |

Post removed.Why?

Posted by SpicyMcDeluxe > 2021-05-03 10:03 | Report Abuse

kekw

Posted by sten_still > 2021-05-03 10:05 | Report Abuse

told already since 60sen

Posted by bullmarket1628 > 2021-05-03 10:13 |

Post removed.Why?

Posted by amateurJR > 2021-05-05 16:43 | Report Abuse

TQ Mycron for good profit. Is time to move to another counter.

Posted by gigaz79 > 2021-05-06 08:46 | Report Abuse

https://tradingeconomics.com/commodity/steel

Posted by bullmarket1628 > 2021-05-06 09:46 |

Post removed.Why?

Posted by SEE_Research > 2021-05-22 23:16 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-22-story-h1565208435-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_11_UPDATED_NUMBER_3_.jsp

Posted by SEE_Research > 2021-05-23 16:21 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-23-story-h1565211222-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_11_UPDATED_NUMBER_3_.jsp

Posted by SEE_Research > 2021-05-25 23:29 | Report Abuse

https://klse.i3investor.com/blogs/see_research/2021-05-25-story-h1565244021-NOW_SHOWING_THE_TRILOGY_OF_FAST_FURIOUS_SHOWS_PART_ANOTHER_CHOO_BEE_MET.jsp

Posted by SEE_Research > 2021-05-26 00:16 | Report Abuse

AN IMPORTANT MESSAGE FOR May, June 2021

Thanks to the rare convergence of these 2 important catalyst factors of this particular stock,

the clock is ticking down for you.

ALCOM GROUP BERHAD / 2674 has these 2 important catalyst factors, namely

ALCOM manufacture, supply :

Aluminium interrelated products
Aluminium commodity price is USD 2,156.25 per metric ton as at 21 Feb 2021
Aluminium commodity price is USD 2,305.00 per metric ton as at 24 May 2021
Historical high price now, as per May 2021 period ,
comparing to April 2020 ,then was USD 1,460.00 per metric ton

Recent good announcement by Alcom / 2674 on 23 Feb 2021
On the financial quarter with revenue RM 109,633,000.00
Record profit -for this financial quarter RM 10,074,000.00 ***
EPS : 7.50
*** = record


Recent good announcement by Alcom / 2674 on 25 May 2021
On the financial quarter with record revenue for this quarter RM 139,828,000.00 ***
Consistent profit -for this financial quarter RM 7,398,000.00
EPS : 5.51
*** = record

Amazing Earning per financial quarter = 7.50 + 5.51 + 5.51 + 5.51 = 24.03 cents, on the assumptions same for the coming quarters =24.03
Annualised per year 24.03 cents x 10 PER (price earning ratio )
Intrinsic value RM 2.40 less 30 % discount,
Final mid term target price RM 1.68




surge to limit up
For Alcom / 2674 --- 27 May 2021 / Thursday = RM 1.19 ( RM 0.30 )

Another metal stock similar in the making like Choo Bee Metal Industries Bhd., /5797 as per recent good financial announcement
21 May 2021 --

surge to limit up
Choo Bee / 5797 on 21 May 2021 = RM 1.64 (closed)
Choo Bee /5797 on 24 May 2021 = RM 2.13 ( closed - limit up +30 % = + RM 0.49 )

Posted by m3379 > 2021-05-29 20:19 | Report Abuse

https://www.theedgemarkets.com/article/goldman-says-china-no-longer-center-commodities-pricing

Posted by wallstreetrookie > 2021-06-10 15:10 | Report Abuse

Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022v

Posted by amateurJR > 2021-06-28 10:27 | Report Abuse

Buy back mycron again.

Posted by Eurus1973 > 2021-06-28 19:55 | Report Abuse

Boleh ke

Posted by amateurJR > 2021-06-29 14:16 | Report Abuse

Unsure boleh or not. Set cut loss point coz chart is bearish

Posted by amateurJR > 2021-07-01 15:13 | Report Abuse

If breach below SMA 200 must cut

Posted by Eurus1973 > 2021-07-01 20:15 | Report Abuse

What is SMA 200? around what price?

Posted by Yong Meng > 2021-07-17 10:15 | Report Abuse

https://menginvestlife.blogspot.com/2021/07/050.html 050 - 钢铁行业状况

Posted by Shinnzaii > 2021-08-11 08:57 | Report Abuse

sudah right issue show abit result...parking...hehe

Posted by calvintaneng > 2021-08-19 11:21 | Report Abuse

This news bad for Mycron or Cscsteel as they produce flat steel for car bonnets & door panels

See https://themalaysianreserve.com/2021/08/16/maa-sales-production-of-motor-vehicles-in-last-two-and-a-half-months-greatly-hampered/

Sell and go buy Thplant, Bplant or Jtiasa

Final decision is yours

Posted by bullmarket1628 > 2021-08-26 09:58 |

Post removed.Why?

Posted by bullmarket1628 > 2021-08-30 11:12 |

Post removed.Why?

Posted by jackfruit > 2021-08-30 11:29 | Report Abuse

For Mycron the era of making losses are over. From financial year 2021 onward Mycron is going to make more and more profit go forward plus giving dividend. Buy Mycron sure give you future financial security.

Posted by Mirage2000E > 2021-09-08 19:29 | Report Abuse

Steel counters would rally once Malaysia enters phase level very soon.

Posted by risktoreward > 2021-09-09 11:53 | Report Abuse

mycron @ 0.59

Posted by biglobang > 2021-09-10 15:36 | Report Abuse

steel up but not mycron up

Posted by risktoreward > 2021-09-10 15:50 | Report Abuse

Add at 0.575

Posted by Blackhole > 2021-09-10 19:34 | Report Abuse

Why keep dropping

Posted by calvintaneng > 2021-09-10 19:49 | Report Abuse

Posted by Blackhole > Sep 10, 2021 7:34 PM | Report Abuse

Why keep dropping

I got answer for you my friend

Mycron, Melewar & Cscsteel all doing FLAT STEEL will be hit because Mco lock down affected car sales badly

FLAT STEEL IS USED TO MAKE CAR ROOF, CAR DOOR PANEL, CAR FRONT AND BACK BONNETS

If car sales drop then less business for flat steel


See

https://www.nst.com.my/business/2021/08/718368/malaysias-new-vehicle-sales-drop-88pct-july

What should you do then?

Answer:

Sell flat steel & buy palm oil shares as Palm oil all the time still can operate under Mco (at minimum 60% work force

Posted by calvintaneng > 2021-09-10 19:57 | Report Abuse

See this https://www.malaymail.com/news/malaysia/2021/09/10/govt-data-show-sharp-drop-in-wholesale-and-retail-sales-for-july-2021-compa/2004485

Posted by MorningGlory123 > 2021-10-12 14:00 | Report Abuse

Why not consider Mycron because still under value

EPS : RM 0.1563 (YA2021)

NTA : RM 1.36

Gearing : NIL (nett cash)

TP : RM 1.25 (PE 8 times)

Posted by MorningGlory123 > 2021-10-12 14:01 | Report Abuse

How a U.S. steel shortage created a market bubble

Published Thu, Oct 7 20217:05 AM EDTUpdated Thu, Oct 7 20217:52 AM EDT

https://www.cnbc.com/2021/10/07/how-a-us-steel-shortage-created-a-market-bubble.html

Posted by MorningGlory123 > 2021-10-13 09:08 | Report Abuse

Mycron very high chance to be targeted to privatise due to :-

Net profit : RM 59 mil

EPS : RM 0.1563 (YA2021)

NTA : RM 1.36

Gearing : NIL (nett cash)

Major shareholder : Melewar Industrial Group Bhd (74.15%)

Assumption privatisation : only RM 1.00 (about RM 85 mil cost only)

Remark : International HRC price surging from $1,370 to $ 1,899 (within 6 months period)


Watch out super GEM undervalue LEADER of coll rolled coil manufacturer

Posted by Chinjason > 2021-10-13 14:22 | Report Abuse

^^

Posted by MorningGlory123 > 2021-10-15 09:31 | Report Abuse

Mycron on the way coming

Posted by MorningGlory123 > 2021-10-15 09:53 | Report Abuse

Watch out under value GEM

Current PE only 3.45 times

If based on 8 times PE, TP shall be RM 1.36

Posted by MorningGlory123 > 2021-10-15 11:59 | Report Abuse

Mycron resilent accumulating

Foresee stock price will test RM 0.580 soon

Posted by Chinjason > 2021-10-15 12:09 | Report Abuse

Yes, will rocket up soon

Posted by MorningGlory123 > 2021-10-15 12:26 | Report Abuse

Don't forget now Melewar is holding about 74% shareholding

IF the management intends to privatise in lieu of current International HRC price surging from $1,370 to $ 1,899 (within 6 months period) to lock in future substantial profitable return

Foresee tentatively cost only about RM 85 mil which is equivalent to RM 1.00 to capture all shareholding


Remark : Above scenario only my personal review only

Posted by Johnzhang > 2021-10-15 21:35 | Report Abuse

http://newswav.com/A2110_g7A3q1/
Very good news for steel companies . Mycron shall be the biggest beneficiary!

Posted by Chinjason > 2021-10-15 22:49 | Report Abuse

good new indeed !