MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.34 - 0.34

Trading Volume

22,900


3 people like this.

3,752 comment(s). Last comment by i4value 6 days ago

mf

26,828 posts

Posted by mf > 2022-04-18 10:04 | Report Abuse

tp 0.860

Posted by Silentreader88 > 2022-04-18 10:06 | Report Abuse

why so fast climbed up, should just buy laggard like hiaptek?

hoot9e996

1,808 posts

Posted by hoot9e996 > 2022-04-18 10:06 | Report Abuse

just to add with the melewar owning 75% of mycron,
also means the free float for trading in this counter is SUPER small very GORENGable lol HOOOT ahhh

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 10:08 | Report Abuse

70 sen broken ...... don't buy HiapTeck! Don't touch it!

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 10:24 | Report Abuse

Go, go, go Mycron.

maf1964

466 posts

Posted by maf1964 > 2022-04-18 10:30 | Report Abuse

crossed 70 sen but dont see people rushing in to buy

maf1964

466 posts

Posted by maf1964 > 2022-04-18 10:31 | Report Abuse

what was mycrons highest price in the last 1 months anyone ?

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 10:31 | Report Abuse

72 sen.

263263

124 posts

Posted by 263263 > 2022-04-18 10:35 | Report Abuse

should be got good new

maf1964

466 posts

Posted by maf1964 > 2022-04-18 10:38 | Report Abuse

sorry, i meant last 12 months ..( contrarian)

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 10:41 | Report Abuse

Last 12 months high is 98.5 sen, also last 5 years high

maf1964

466 posts

Posted by maf1964 > 2022-04-18 11:25 | Report Abuse

TQ CONTRARIAN

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 11:32 | Report Abuse

Welcome

mf

26,828 posts

Posted by mf > 2022-04-18 15:45 | Report Abuse

target rm1.38

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 15:48 | Report Abuse

Who wants to buy from me at RM1.38?

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-18 15:51 | Report Abuse

Masteel also benefited from Mycron rally.

powerup89

1,669 posts

Posted by powerup89 > 2022-04-18 15:58 | Report Abuse

Pacak pacak...hohoho

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 16:07 | Report Abuse

@Johnzhang, no connection except both begins with the letter M. :-)

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 16:07 | Report Abuse

Go, go, go Mycron.

263263

124 posts

Posted by 263263 > 2022-04-18 16:11 | Report Abuse

no new is good new

Nasrim

61 posts

Posted by Nasrim > 2022-04-18 16:35 | Report Abuse

gold up steel up

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-18 16:55 | Report Abuse

@TheContrarian, yes, Mycron and Masteel are not related.
As I have much higher exposure in Masteel than in Mycron, I am happy and excited to see Masteel share price is going higher along with Mycron.

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 16:58 | Report Abuse

@Johnzhang, didn't know you have invested in Mycron, good that you have Mycron. I have made good money from Masteel two years ago, you can find my comments there.

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-18 17:08 | Report Abuse


@TheContrarian, it was in Oct/Nov 2021 that I started taking small position in Mycron.

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!

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 17:09 | Report Abuse

Same time as me then.

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-18 17:09 | Report Abuse

@TheContrarian, what’s your view on Masteel? It has gone up 16% over the last 5 trading days .

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 17:14 | Report Abuse

I believe Masteel is a good recovery play and improved earnings will eventually take share price beyond 50 sen.

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-18 17:17 | Report Abuse

Another day of wonderful closing.

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-18 17:23 | Report Abuse

TheContrarian, thanks for your view .

Posted by TheContrarian > 5 minutes ago | Report Abuse

I believe Masteel is a good recovery play and improved earnings will eventually take share price beyond 50 sen.

Jaeger

47 posts

Posted by Jaeger > 2022-04-19 06:25 | Report Abuse

flyyyy!

maf1964

466 posts

Posted by maf1964 > 2022-04-19 08:00 | Report Abuse

someone want to sell at rm1.38.
im willing to sell at rm1.3. any buyers plse contact me here

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-19 10:26 | Report Abuse

In a proposed SCR situation for Mycron, the highest possible offer price is probably RM1 20 which is too generous in view that the highest market price in the past 5 years is only 98.5 sen. The likely offer price is RM1 and anything higher is a bonus.

amateurJR

2,328 posts

Posted by amateurJR > 2022-04-19 18:16 | Report Abuse

got any news ka? why suddenly fly so high?

High5

1,269 posts

Posted by High5 > 2022-04-19 18:24 | Report Abuse

TheContratian...On what ground if melewar disposed off Mycron will triggered PN17 status??? How do you classified a listed co fall under PN17???

High5

1,269 posts

Posted by High5 > 2022-04-19 18:24 | Report Abuse

PN17 stands for Practice Note 17/2005 and is issued by Bursa Malaysia. In general, PN17 companies normally have some financial difficulties. As such, investors get quite worried when some fo the shares they hold are for PN17 companies.

High5

1,269 posts

Posted by High5 > 2022-04-19 18:25 | Report Abuse

Listed co wtout core biz fall under bursa Rule 8.03A rules

High5

1,269 posts

Posted by High5 > 2022-04-19 18:34 | Report Abuse

Mycron is not under financial distress past 6 qtrs still making decent profit auditor did not issue any statement on its financial position that rendered it to b classified as a PN 17 co

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-19 18:54 | Report Abuse

@High5, don't be lazy. Go read about MAA Group Bhd been classified as PN17 for 10 years after disposing it's main insurance business. And don't spread fake news that Mycron is PN17.

High5

1,269 posts

Posted by High5 > 2022-04-19 22:31 | Report Abuse

CHECK WHAT I POSTED WHEN DID I SAY MYCRON UNDER PN17?

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-19 23:42 | Report Abuse

I always buy Gardenia rather than High 5.

MunChunxX

198 posts

Posted by MunChunxX > 2022-04-20 14:21 | Report Abuse

Steel masih bolehhh lagi ? i see many been talking

mf

26,828 posts

Posted by mf > 2022-04-20 16:18 | Report Abuse

target 0.860

powerup89

1,669 posts

Posted by powerup89 > 2022-04-20 16:20 | Report Abuse

Steel naik harga lagi...kasi hayun

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-20 16:54 | Report Abuse

Nice closing again.

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-20 17:28 | Report Abuse

I am waiting anxiously for it to cross 95sen.

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-20 17:39 | Report Abuse

Why 95 sen?

hoot9e996

1,808 posts

Posted by hoot9e996 > 2022-04-20 17:41 | Report Abuse

man sold too early last week i guess

TheContrarian

7,527 posts

Posted by TheContrarian > 2022-04-20 17:41 | Report Abuse

Mycron is now WC top buy call.

Johnzhang

2,706 posts

Posted by Johnzhang > 2022-04-20 18:56 | Report Abuse

Once it cross 95 sen I will have to decide what to do next.

Posted by TheContrarian > 1 hour ago | Report Abuse

Why 95 sen?

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