MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.35

Today's Change

-0.005 (1.41%)

Day's Change

0.35 - 0.36

Trading Volume

194,400


3 people like this.

3,790 comment(s). Last comment by ampabella 1 month ago

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-04-21 17:05 | Report Abuse

It was a scary plunge to 68 sen at 4.25pm.

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-04-21 17:41 | Report Abuse

Forced selling of contra players.

maf1964

466 posts

Posted by maf1964 > 2022-04-21 20:21 | Report Abuse

so what wus it be for mycron on friday. up or down?

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-04-21 20:24 | Report Abuse

Hopefully rally will resume tomorrow morning.

maf1964

466 posts

Posted by maf1964 > 2022-04-22 07:39 | Report Abuse

me too

jackfruit

544 posts

Posted by jackfruit > 2022-04-22 09:32 | Report Abuse

Relax ..lah...just a correction and consolidation. After this next wave higher.

brennan

163 posts

Posted by brennan > 2022-04-22 22:34 | Report Abuse

drop

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-04-24 11:30 | Report Abuse

I think Steel will have its day soon.
The energy crisis and the Ukraine war will reduced global steel production and supply considerably. Supply reduction shall far exceed the demand destruction arising from inflation and economic slowdown.
The global largest steel producing countries are : (1) China, (2) EU, (3) India, (4) US, (5) Russia, ( 6) SKorea, (7) Turkey, (8) Brazil, ( 9) Iran, (10) taiwan, (11) Ukraine
But the 2nd (ie EU) and 4th ( ie US) largest producers don't produce enough for domestic use. US and EU are the world top and 2nd largest nett importers respectively.
Top nett exporters are : (1) Russia, (2) Japan, (3) SKorea, (4) Ukraine, (5) China, (6) India.
The top 2 nett importers need to import more to fill the production curtailment due to sanction and exorbitant energy cost. The top nett exporters Russia and ukraine are not going to fill the gap due to war, sanction and logistical issues. Other nett exporters like Japan, Skorea, China and India are not keen to produce more .

brennan

163 posts

Posted by brennan > 2022-04-25 09:20 | Report Abuse

So malaysia will this time to export more n more out to the Importers Country lo>>??

apple168

6,236 posts

Posted by apple168 > 2022-04-27 11:37 | Report Abuse

Bought 0.63-0.65 today! Cheers!

powerup89

1,688 posts

Posted by powerup89 > 2022-04-27 14:59 | Report Abuse

Yezza

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-04-27 15:04 | Report Abuse

Steel demand will be high as China going for all out infrastructure push to ramp up economy.

ppginvest

1,591 posts

Posted by ppginvest > 2022-04-27 15:05 | Report Abuse

WA > mother?

a98hzm

11 posts

Posted by a98hzm > 2022-04-27 15:09 | Report Abuse

can wa higher than mother

a98hzm

11 posts

Posted by a98hzm > 2022-04-27 15:12 | Report Abuse

sell mother buy wa la mcm ni

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-04-27 15:15 | Report Abuse

Should be sell warrant, buy mother.

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-04-27 17:41 | Report Abuse

@apple168, how could have bought at 0.63 today if the lowest price transacted was 0.635?

apple168

6,236 posts

Posted by apple168 > 2022-04-27 20:24 | Report Abuse

Oops, the 0.63 unmatched… anyway, huat ah! Haha…

apple168

6,236 posts

Posted by apple168 > 2022-04-27 20:25 | Report Abuse

Please be informed that we will take profits tomorrow…

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-04-27 21:53 | Report Abuse

No worries, my cost only 38.5 sen.

jackfruit

544 posts

Posted by jackfruit > 2022-04-28 09:43 | Report Abuse

Apple HengYuen waiting for you.ha..ha...

bjgdila123

3,463 posts

Posted by bjgdila123 > 2022-04-29 08:04 | Report Abuse

p

nono_hardi

226 posts

Posted by nono_hardi > 2022-04-29 15:10 | Report Abuse

small wave coming

ALrookie

124 posts

Posted by ALrookie > 2022-04-29 15:44 | Report Abuse

Bearish coming? Rookie here...

Johnzhang

2,941 posts

Posted by Johnzhang > 2022-04-29 18:37 | Report Abuse

Steel price in China has gone up from RMB4,100 per tonne in Nov 2021 to RMB5,200 now . Good sign ahead .

brennan

163 posts

Posted by brennan > 2022-04-29 20:23 | Report Abuse

but this few days keep drop

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-05-13 11:06 | Report Abuse

Go, go, go Mycron.

ALrookie

124 posts

Posted by ALrookie > 2022-05-13 13:29 | Report Abuse

What a pretty symmetric breakout! Bullish

Eurus1973

568 posts

Posted by Eurus1973 > 2022-05-13 14:27 | Report Abuse

Let’s wait for good news announcement

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-05-13 16:56 | Report Abuse

Best closing so far this year.

bjgdila123

3,463 posts

Posted by bjgdila123 > 2022-05-13 18:29 | Report Abuse

next week will meletop

Eurus1973

568 posts

Posted by Eurus1973 > 2022-05-15 13:20 | Report Abuse

Ini kali lah, go go go

apple168

6,236 posts

Posted by apple168 > 2022-05-16 17:55 | Report Abuse

Mycron is another good one to short9e since Fed chairman, Powel determined to flatten the inflation by raising interest rate, hence bringing down the commodity prices!

apple168

6,236 posts

Posted by apple168 > 2022-05-16 19:13 | Report Abuse

Our colleagues shorted Pmetal… now is Mycron turn!

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-05-16 19:19 | Report Abuse

Hahahaha, Mycron not on RSS or IDSS list lah, any short selling automatic buying-in at 10 bids above last done price.

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-05-17 09:07 | Report Abuse

Go, go, go Mycron.

TheContrarian

8,339 posts

Posted by TheContrarian > 2022-05-17 16:25 | Report Abuse

So quiet here.

ALrookie

124 posts

Posted by ALrookie > 2022-05-17 16:36 | Report Abuse

Waiting for 52weeks new high

apple168

6,236 posts

Posted by apple168 > 2022-05-19 18:32 | Report Abuse

Please be informed that FED is determined to push the market lower. Stock market crash brings inflation down. Don't fight the FED.

apple168

6,236 posts

Posted by apple168 > 2022-05-20 15:55 | Report Abuse

凡事见好就收,太贪,就一场空!

jackfruit

544 posts

Posted by jackfruit > 2022-05-20 16:06 | Report Abuse

Once 3Q result out Mycron will break the 52weeks high of 85sen. Currently Mycron is holding up very well.

siulong1

406 posts

Posted by siulong1 > 2022-05-20 16:27 | Report Abuse

will it break the trendline? wait and see

kalanlady

283 posts

Posted by kalanlady > 2022-05-20 17:54 | Report Abuse

amitofu

old boy

159 posts

Posted by old boy > 2022-05-20 21:01 | Report Abuse

The latest qr released by downstream player ald showed decline in profit margin due to high raw material price despite increase in revenue
Hope Mycron as a midstream player still able to sustain their profit margin

mf

27,764 posts

Posted by mf > 2022-05-23 12:07 | Report Abuse

collect

Lish69

49 posts

Posted by Lish69 > 2022-05-23 14:45 | Report Abuse

Rip
To bottom

MunChunxX

198 posts

Posted by MunChunxX > 2022-05-23 15:53 | Report Abuse

pick from bottom

ALrookie

124 posts

Posted by ALrookie > 2022-05-23 16:38 | Report Abuse

What's going wrong

aa9898111

44 posts

Posted by aa9898111 > 2022-05-23 16:39 | Report Abuse

dump dump dump

Post a Comment
Market Buzz