MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

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Last Price

0.325

Today's Change

-0.015 (4.41%)

Day's Change

0.31 - 0.325

Trading Volume

235,000


3 people like this.

3,752 comment(s). Last comment by i4value 1 week ago

TheContrarian

7,528 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Bought at 37.5 to 38 sen today.

i4value

18 posts

Posted by i4value > 1 week ago | Report Abuse

Mycron did well over the past 2 years because of the tailwinds from the spike in steel prices. But steel prices are cyclical. What will happen when steel prices go into the downtrend? You can get insights here by looking at the past decade of performance where I have compared the peer performance. Refer to https://www.i4value.asia/2020/09/is-csc-steel-value-trap-part-1-of-2.html#more

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