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
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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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CS Tan
4.9 / 5.0
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....
TheContrarian
7,528 posts
Posted by TheContrarian > 1 month ago | Report Abuse
Bought at 37.5 to 38 sen today.