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

0.37

Today's Change

+0.01 (2.78%)

Day's Change

0.355 - 0.37

Trading Volume

121,000


3 people like this.

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

TheContrarian

8,200 posts

Posted by TheContrarian > 2023-11-15 17:49 | Report Abuse

Don't have to limit up, just need to break 50 sen barrier.

TheContrarian

8,200 posts

Posted by TheContrarian > 2023-11-15 17:50 | Report Abuse

Volume today 45 million shares, free float only 81 million shares.

Sslee

3,999 posts

Posted by Sslee > 2023-11-15 18:47 | Report Abuse

Is this mean right to left and then left to right and so on?

Posted by TheContrarian > Nov 15, 2023 5:50 PM | Report Abuse
Volume today 45 million shares, free float only 81 million shares.

TheContrarian

8,200 posts

Posted by TheContrarian > 2023-11-15 18:52 | Report Abuse

Sslee, absolutely correct but it's only the beginning.

aklobi

264 posts

Posted by aklobi > 2023-11-16 01:54 | Report Abuse

Keyword: Overcapacity of steel manufacturing.

"The overcapacity in construction steel in Southeast Asia requires all stakeholders to work together. As at 2021, the capacity of steel production in Asean stood at 75.3 million tonnes, with Malaysia being the third largest producer with a capacity of 16.1 million tonnes, behind Vietnam and Indonesia.

Based on a South East Asia Iron and Steel Institute (SEAISI) analysis, the steel production capacity in Asean is expected to balloon to 147.2 million tonnes by 2026 as a result of the influx of foreign steel investments into the region, especially those from China.

This can be an issue of concern as we see a slowdown in the construction sector and the subsequent reduction in demand for steel from China. The capacity of China-owned steel firms in Southeast Asia is intended for export to China."

Yes the price of MYCRON might steel go up in the short term, but you will be like a Salmon fish trying to climb a waterfall.
https://theedgemalaysia.com/node/689847

TheContrarian

8,200 posts

Posted by TheContrarian > 2023-11-16 08:53 | Report Abuse

Mycron's sister company MAA to rally today.

TheContrarian

8,200 posts

Posted by TheContrarian > 2023-11-16 09:36 | Report Abuse

Go, go, go MAA.

adikkici

800 posts

Posted by adikkici > 2023-11-16 14:38 | Report Abuse

Steel price is going up to 3960 per ton but this counter gostan today

stncws

10,204 posts

Posted by stncws > 2023-11-16 14:38 | Report Abuse

next week shd be have movement...strong wind ahead

ALrookie

124 posts

Posted by ALrookie > 2023-11-16 14:41 | Report Abuse

Top up @.41 building new support

adikkici

800 posts

Posted by adikkici > 2023-11-16 15:10 | Report Abuse

Steel price maybe going up to 4000 per ton tomorrow

acnca84

22 posts

Posted by acnca84 > 2023-11-16 15:30 | Report Abuse

ushar sini pulak

stncws

10,204 posts

Posted by stncws > 2023-11-16 15:35 | Report Abuse

agent take a rest, follow by pushing tmr or monday !

stncws

10,204 posts

Posted by stncws > 2023-11-16 16:18 | Report Abuse

SO FAST back to 435...those buy 415 morning....huat !

acnca84

22 posts

Posted by acnca84 > 2023-11-16 16:22 | Report Abuse

masuk 415.. keluar 430.. ushar kaunter lain pulak..

stncws

10,204 posts

Posted by stncws > 2023-11-17 22:27 | Report Abuse

maintain the washing @ 43c....next week some action is expected

Tibbers

553 posts

Posted by Tibbers > 2023-11-20 09:05 | Report Abuse

ohhh 50sen above today?

berfikir

406 posts

Posted by berfikir > 2023-11-24 16:10 | Report Abuse

shit this stock

aklobi

264 posts

Posted by aklobi > 2023-11-24 17:58 | Report Abuse

So happy I dumped this stock on the day of the shoot up. Headwinds are too strong for any gains.

berfikir

406 posts

Posted by berfikir > 2 months ago | Report Abuse

next week rebound

curiousq

633 posts

Posted by curiousq > 2 months ago | Report Abuse

very exciting stock

berfikir

406 posts

Posted by berfikir > 2 months ago | Report Abuse

hampeh punya stok...satu hari pun x bole nk rebound

berfikir

406 posts

Posted by berfikir > 2 months ago | Report Abuse

tekan harga bagi jatuh kmdn baru naik....pirahh...out of dated tactic

berfikir

406 posts

Posted by berfikir > 2 months ago | Report Abuse

supperb qr?

berfikir

406 posts

Posted by berfikir > 2 months ago | Report Abuse

x guna punya stok

berfikir

406 posts

Posted by berfikir > 2 months ago | Report Abuse

go mycron go

stncws

10,204 posts

Posted by stncws > 2 months ago | Report Abuse

reversal bottom, breaks 40c today

investopology

1,898 posts

Posted by investopology > 1 month ago | Report Abuse

Why steel counter all cannot run? JOHOR sultan coming and HSR and many project demand steel

investopology

1,898 posts

Posted by investopology > 1 month ago | Report Abuse

Steel counter is the next theme to goreng.
Upcoming Construction Tender Jobs that have been delayed for awarding and expected to be announced, inclusive of existing contracts...
- MRT3
- LRT
- ECRL
- Penang Mega Infra
- Subang Airport
- Mega Flood Projects
- Johor Catalyst, RTS & HSR
- Pan Borneo
- Indonesia new capital in Nusantara, Kalimantan

berfikir

406 posts

Posted by berfikir > 1 month ago | Report Abuse

yup...still waiting this stok wake up from sleep

TheContrarian

8,200 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Today wake up.

speakup

24,467 posts

Posted by speakup > 1 month ago | Report Abuse

Everything up up up
Every uncle aunty pakcik makcik buy buy buy
Ini kalilahhhhhhh

investopology

1,898 posts

Posted by investopology > 1 month ago | Report Abuse

Yeah. Tmr morning Shld gap up and fly to the sky high!

TheContrarian

8,200 posts

Posted by TheContrarian > 1 month ago | Report Abuse

Slowly climb, no gap up.

stncws

10,204 posts

Posted by stncws > 1 month ago | Report Abuse

If open high tmr...could surpass 50..as sentiment on contruction is good.trend follw

investopology

1,898 posts

Posted by investopology > 1 month ago | Report Abuse

Yup. Open high and close high as well to attract more ppl eyeball on steel counter.

investopology

1,898 posts

Posted by investopology > 1 month ago | Report Abuse

Shaking weak holder to push higher next week.

investopology

1,898 posts

Posted by investopology > 1 month ago | Report Abuse

钢铁领域 – 本地1月行情

如无意外,政府将陆续推动多项庞大的基建发展工程。这些大型项目包括:
> 东海岸铁路ECRL - RM55b
> 马新高铁 HSR – RM50-60b
> 捷运2号线MRT2 – RM32b
> 泛婆罗洲大道Pan Borneo Highway – RM16b
> 轻快铁3号线 LRT3 – RM9b
> 金马士- 新山电动双轨火车 – RM8b
> 大型城镇发展计划,如敦拉萨国际贸易中心TRX、KL118和其他项目

根据统计,上市建筑承包商在去年获得RM56b的合约,但是今年至今却只获RM15b。随着以上项目即将陆续开跑,投行预计今年底可达RM40b。

目前,大马最大型的ECRL项目在关丹Gebeng已经开始动工,由中国公司一手承包。Gebeng工业区已经建设一家非常庞大的中马合资钢铁厂Alliance Steel,主要用于应付ECRL的钢铁需求。由于ECRL项目非常大型,本专页相信本地钢铁厂也会受惠其中。

以上的大型项目将进一步推高钢铁建材的需求,如钢铁、水泥和铝。根据观察,虽然钢筋价格在近几个月走高,但是钢铁需求却未跟上。个人认为之前的上涨主要归功于中国减产、环保以及安检的措施。

值得一提,中国8月钢铁产量按年增长8.7%,创下历史新高。若钢铁价格要维持在高位,产能过剩的问题必须要解决,或者钢铁需求进一步增长。中国长钢期货在近期连续多天下滑,从每吨4,050元左右跌至目前的每吨3,900元。然而,这一现象并未影响大马的长钢价格。

根据资料,截至9/21,16-32cm 长钢价格如下:
> Chuan Huat (Ann Joo Steel) - 每吨RM2,615
> Southern Steel – 每吨RM2,650
> Amsteel (Lion Industries) – 每吨RM2,620

由于Annjoo的生产成本最低,它有能力以更低的价位争夺市场份额。然而,今天的平均长钢销售价已下滑至每吨RM2,550左右。本专页认为本地的长钢行情依然还在。一旦这些基建项目正式推出后,钢铁股未来的业绩将更出色。

中国方面,政府在前天召集区域内钢铁企业开会。会议上确定各钢厂高炉限产50%,执行日期为今年10月至明年3月。因此,钢铁价格接下来预计可继续维持在高位。

另一方面,中国一带一路建设项目可能导致钢铁需求增加高达150m吨,其中80%将用于建筑结构和钢筋混凝土。这计划历时10年,相当于每年增加15m吨钢铁需求,也就是说一带一路国家的钢铁需求会增长3-4%。

值得一提,在一带一路沿线的68个国家中,只有10个国家为钢铁净出口国,其余国家均在某种程度上依赖钢铁进口,其中超过20个国家根本没有任何炼钢产能。那么,你们认为大马四大长钢Annjoo、Ssteel、Masteel和Lionind会受益吗?

Mycron and melewar also benefits!

纯属分享!

SLLEE5732

261 posts

Posted by SLLEE5732 > 1 month ago | Report Abuse

Nicely build up momentum to swings up next week

ampabella

1,367 posts

Posted by ampabella > 3 weeks ago | Report Abuse

lama no naik jor, ini kali back to 43cts soon, mali mali hom

Post a Comment
Market Buzz