Mycon is one of the few cold rolling mill companies in Malaysia. Steel is a cyclical commodity and it is more appropriate to look at the performance over the cycle. On such a basis, it is not one of the better steel companies. If you want to see my rationale, go to my blog analysis under "A tough 12 years for Bursa Malaysia steel companies"
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
thesteward
6,781 posts
Posted by thesteward > 2022-06-28 19:45 | Report Abuse
From the movement looks like hopefully can break 50 and spike again