MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

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Last Price

0.39

Today's Change

+0.02 (5.41%)

Day's Change

0.39 - 0.40

Trading Volume

11,100


3 people like this.

3,807 comment(s). Last comment by CT888 2 months ago

Posted by MorningGlory123 > 2021-10-18 08:50 | Report Abuse

Malaysia to impose anti-dumping duties for 5 yrs on some steel products from China, South Korea & Vietnam


https://www.thesundaily.my/business/malaysia-to-impose-anti-dumping-duties-for-5-yrs-on-some-steel-products-from-china-south-korea-vietnam-CD8467958



On April 12, 2021, the government initiated an administrative review (sunset review) on the imposition of anti-dumping duties with regard to imports of cold-rolled coils of alloy and non-alloy steel of a thickness between 0.20 millimetres to 2.60 millimetres and width between 700 millimetres to 1,300 millimetres originating or exported from China, South Korea and Vietnam into Malaysia.

The investigation was initiated based on a petition filed by Mycron Steel CRC Sdn Bhd, on behalf of the domestic industry producing the like product.

Pursuant to subsection 28(8) of the Countervailing and Anti-Dumping Duties Act 1993, the administrative review was carried out by the government to determine whether the continued imposition of the anti-dumping duties are necessary to offset dumping or/and the injury would be likely to continue to recur if the duty were removed or varied.

Posted by MorningGlory123 > 2021-10-18 08:51 | Report Abuse

Big beneficiary is Mycron because it's leader of cold-roll coils manufacturer in Malaysia

Beltland

613 posts

Posted by Beltland > 2021-10-18 23:04 | Report Abuse

More upside on the way ,hold tight !!

kfliau

1,977 posts

Posted by kfliau > 2021-10-21 19:43 | Report Abuse

Lao sai

Chinjason

269 posts

Posted by Chinjason > 2021-10-21 23:01 | Report Abuse

rebound tmr

Posted by supersinginvestor > 2021-10-25 10:12 | Report Abuse

Under radar diamond this share buy and hold...

Chinjason

269 posts

Posted by Chinjason > 2021-11-10 18:09 | Report Abuse

hot tmr

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2021-11-20 10:09 | Report Abuse

Coil price collapsing

http://www.sunsirs.com/uk/prodetail-318.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-11-20 10:11 | Report Abuse

CSC Steel 3Q earnings fall 21.7% amid MCO-led production disruptions

(theedgemarkets.com / November 19, 2021 22:06 pm +08)


"Despite the increase in steel prices, actual trade was weaker than in the second quarter. Steel demand and price trends in the fourth quarter are forecast to be less than expected, as the current industry boom is hindered by pandemic issues, power cuts in China, aggressive sales of hot-rolled steel from India and Russia, and a slowdown in the domestic construction industry," it noted.


## https://www.theedgemarkets.com/article/csc-steel-3q-earnings-fall-217-amid-mcoled-production-disruption

Keyman188

5,968 posts

Posted by Keyman188 > 2021-11-20 10:12 | Report Abuse

^^^This is great WARNING signal for steel industry...

Posted by OneSmallStep > 2021-11-22 18:13 | Report Abuse

CSC steel profit drops by 22%. But, is CSC steel a leader in the market? Look at SSTEEL and TASHIN before making generalization...as well as upcoming QR from other steel firms.

Posted by Mirage2000E > 2021-11-24 21:43 | Report Abuse

Steel demands are always there .

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-11-25 06:21 | Report Abuse

will see share price recovery for all steel stocks soon. Sept qtr results are badly affected by MCO closure . Steel prices will see recovery and stay at higher level than in the past years.

Posted by risktoreward > 2021-11-25 09:22 | Report Abuse

Done mycron @ 0.43

TheContrarian

9,497 posts

Posted by TheContrarian > 2021-11-30 22:05 | Report Abuse

Bought at 38.5 sen today.

Eurus1973

616 posts

Posted by Eurus1973 > 2022-02-24 17:32 | Report Abuse

QR cantik

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-02-24 17:50 | Report Abuse

Yes, QR cantik.

CharlesT

14,953 posts

Posted by CharlesT > 2022-02-24 18:01 | Report Abuse

No div cantik also no use

Eurus1973

616 posts

Posted by Eurus1973 > 2022-02-24 21:17 | Report Abuse

0.40 pun mahu dividend kah, pergi beli mbb lah

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-02-25 17:48 | Report Abuse

40+ sen counter with dividend can try OSKVI.

jackfruit

544 posts

Posted by jackfruit > 2022-03-04 18:57 | Report Abuse

This coming financial year end june 2022 sure give dividend. At least 3 sen.

x_abe81

113 posts

Posted by x_abe81 > 2022-03-05 08:54 | Report Abuse

commodities rising fast. steel included. 80sen incoming

ivan9511

3,854 posts

Posted by ivan9511 > 2022-03-09 21:31 | Report Abuse

Start buying steel now including melewar prestsr and this
Very happy to see sifu TheContrarian
Because he very good at picking good company
6,950 posts

Posted by TheContrarian > 5 days ago | Report Abuse

Mycron good closing.

awesome20

1,198 posts

Posted by awesome20 > 2022-04-05 19:38 | Report Abuse

collected when was 0.430

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-06 15:24 | Report Abuse

Collected at 38.5 sen, go, go, go Mycron.

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 09:24 | Report Abuse

Go, go, go Mycron.

VTrade

2,434 posts

Posted by VTrade > 2022-04-12 11:10 | Report Abuse

How can get 38.5 ooo…?

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 11:35 | Report Abuse

Long time ago, haha.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-12 11:50 | Report Abuse

your patience paid off.

remus17

113 posts

Posted by remus17 > 2022-04-12 12:15 | Report Abuse

why mycron up so much? any good news

VTrade

2,434 posts

Posted by VTrade > 2022-04-12 13:26 | Report Abuse

Wah... saw the post 38.5
u really bot on Nov 2021
Steady bro

Beltland

613 posts

Posted by Beltland > 2022-04-12 15:03 | Report Abuse

Mother Melewar good buy,still cheap!

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 15:07 | Report Abuse

Melewar owns almost 75% of Mycron, can take it private easily.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-12 15:40 | Report Abuse

TheContrarian, what’s the TP?

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 15:47 | Report Abuse

I hope to see it take out 60 sen first. I haven't set any TP.

VTrade

2,434 posts

Posted by VTrade > 2022-04-12 15:50 | Report Abuse

Why all others steel product lembik, this mother son so Keras the steel?

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 15:52 | Report Abuse

This one small free float, easy to push up high fast. There's always the privatisation rumours that come and go.

Let's Gooooo

1,616 posts

Posted by Let's Gooooo > 2022-04-12 15:54 | Report Abuse

JJPTR coming soon to warn newbies not to buy Mycron.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-12 16:14 | Report Abuse

wow today so strong

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 16:19 | Report Abuse

Go, go, go Mycron.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-12 16:26 | Report Abuse

open eyes wide...
unbelievable not sure who is chasing now

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-12 16:52 | Report Abuse

Nice closing.

Johnzhang

3,098 posts

Posted by Johnzhang > 2022-04-12 17:03 | Report Abuse

Hope mycron will drag Masteel, Tashin , melewar and Ssteel along higher substantially.

Posted by darkbishop > 2022-04-13 11:21 | Report Abuse

down oredi

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-13 15:41 | Report Abuse

considering the price movement, the comments are so little guess very little people into this counter

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-14 16:03 | Report Abuse

Go, go, go Mycron.

TheContrarian

9,497 posts

Posted by TheContrarian > 2022-04-14 17:34 | Report Abuse

Nice closing, hopefully will breach 60 sen tomorrow.

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-15 09:12 | Report Abuse

round 2!!

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-15 09:15 | Report Abuse

70c here we go !!

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-04-15 09:37 | Report Abuse

what a morning mycron / melewar / melewar wb
all UP :)

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