Posted by wleon > 2016-09-18 18:32 | Report Abuse

wait till Rm1.70 then buy

Posted by sien > 2016-09-18 18:36 | Report Abuse

Does it depends on the iron ore price? If the price of iron ore drop does it mean good for the company as the cost drop and vise versa?

Posted by chl1989 > 2016-09-18 18:43 | Report Abuse

Profit taking all the way up to rm2 lah. U sell big shark buy. Slow slow wait at 1.70 :)

Posted by moneySIFU > 2016-09-18 19:18 | Report Abuse

仔细思考，一句话概括：
1. 大马生产的钢铁成本低
2. 大马生产的钢铁售价开始上涨
3. 上涨后的价格还是比中国入口钢铁便宜
4. 买本地钢铁还可免去繁琐的进口程序
5. 进口他处货源不划算，所以大马所有钢铁厂都在赚钱。

All are effects from:
1. Anti-Dumping Duties on imported CRC
2. Increase in Price of China CRC
3. Import duty exempted HRC from Oversea after close of Megasteel (Saving RM400++ per tonne)

永美达集团（EMETALL，7217，主板工业产品股）执行董事，曾在近期的访谈中指出，大马生产的钢铁成本低，售价开始上涨，但价格比中国货源便宜又可免去繁琐的进口程序，进口他处货源不划算，令大马所有钢铁厂都在赚钱。

Posted by pingdan > 2016-09-19 07:37 | Report Abuse

pls la cscsteel buy their raw material from their parent company la not megasteel. Dun mislead people if u havent done research

Posted by noah > 2016-09-19 09:17 | Report Abuse

pingdan please at least do more homework before you comment here.
don't simply talk using your mouth.
50% of CSCSTEL HRC are bought from Megasteel.
now that Megasteel is closed down, they buy from their parent
do your homework and you will know.

Posted by pingdan > 2016-09-19 09:22 | Report Abuse

how long u wan to talk about? i can debate with you. i refer to latest quarter and future. nobody interested to talk about the past

Posted by pingdan > 2016-09-19 09:22 | Report Abuse

dun simply shoot me before understanding what i talk

Posted by Vizhai > 2016-09-19 09:26 | Report Abuse

what happen? Started to drop..

Posted by paperplane2016 > 2016-09-19 09:34 | Report Abuse

Hehe. Come, fight

Posted by noah > 2016-09-19 10:00 | Report Abuse

"Dear xxxxxxxxxx,

Thank you for your concern.

With regards to the low inventory level, kindly be informed that previously half of our raw material requirements are from third party whose supply is erratic thus a higher level of inventory is required. However now all our requirement is supplied from parent company and on time thus we do not need to keep a higher level of inventory.

regards,
cttan "
Quoted reply previously.

If you are saying now and future, yes, I agree with you.
Of course noone buy from Megasteel now, since they are closed.
But if they reopen back, IF, then all are forced to buy the higher priced lower quality HRC from them again.

Posted by speakup > 2016-09-19 10:04 | Report Abuse

Ah Koon buy = TIME TO SELL!!!!!

Posted by pingdan > 2016-09-19 10:07 | Report Abuse

nope i disagree with you. i dun tink megasteel will come back. they suffer huge net liabilites in their company. if they unable to pay the debt, who wan to lend hem money? unless they liquidated their company and setup another new company. but if they wan to do so, i took alot of time to do so

Posted by moneySIFU > 2016-09-19 10:47 | Report Abuse

Pls sell if you have shares in your hand and wish you happy if have made profit and if your basis of buying and selling is based on someone's else action. Good luck!

Posted by younginvestor92 > 2016-09-19 10:49 | Report Abuse

haha please sell.....i earn 40% on this stock d......

Posted by PlsGiveBonus > 2016-09-19 10:53 | Report Abuse

Dumb dumb hold it like Airasia

Posted by bing > 2016-09-19 11:58 | Report Abuse

我国最大冷轧钢卷的制造商，目前的本益比仍低于10，零负债和握有3.2亿的现金。和大部分背负庞大债务、很少派发股息的同行相比，确实一流，归功于优秀的管理层，是价值投资人喜欢的类型

Posted by bing > 2016-09-19 12:01 | Report Abuse

Conclusion: Among all the companies that will benefit from the Megasteel closure is CSC Steel which will benefit the most because it is largest manufacturer of flat steel plates, wires and other steel products. It has Rm 320 million cash, no borrowings and its total issued shares is 370 million.

Posted by Benjamin_8888 > 2016-09-19 13:32 | Report Abuse

noah, i give u "LIKE"
:-)

Posted by bing > 2016-09-19 13:39 | Report Abuse

look at so comments...... is majority interesting or else?

Posted by speakup > 2016-09-19 13:41 | Report Abuse

when Ah Koon buy, u must sell.
Look at Latitude, Focus Lumber, VS.

Posted by bing > 2016-09-19 13:46 | Report Abuse

啊！i bought ady. Wish me good luck!

Posted by buddyinvest > 2016-09-19 13:46 | Report Abuse

hehe, agree

Posted by PlsGiveBonus > 2016-09-19 15:05 | Report Abuse

Still very cheap
And big volume buying
A good sign for another breakout soon

Posted by moneySIFU > 2016-09-19 16:46 | Report Abuse

When you bought a stock, if you feel nervous & uncertained, then make or lose does matter.

When you bought a stock & feel so firmed, it's like buying Public Bank, you will never worry, then congratulation!

Posted by moneySIFU > 2016-09-19 16:47 | Report Abuse

I feel I own Public Bank in steel industry, hehe

Posted by PlsGiveBonus > 2016-09-19 16:48 | Report Abuse

This stock can hold and let the profit run

Posted by moneySIFU > 2016-09-19 16:52 | Report Abuse

"Only when the tide goes out do you discover who's been swimming naked." - Warren Buffett

Do your homework before buying anything.

Posted by moneySIFU > 2016-09-19 16:53 | Report Abuse

one million shares Q sell at 1.95 CLEARED!!!!

Posted by yeekarwai88 > 2016-09-19 16:54 | Report Abuse

我靠!10k lot.be cleared

Posted by Tempac > 2016-09-19 16:55 | Report Abuse

Wow, that 1.95 really cleared jor. So tomorrow CSCSTEL ready to hit 2 ringgit?

Posted by pingdan > 2016-09-19 16:57 | Report Abuse

wa last min 1mil shares cleared

Posted by yeekarwai88 > 2016-09-19 16:57 | Report Abuse

up.too.fast i will.scare.

Posted by ktrader > 2016-09-19 16:59 | Report Abuse

you scare....your problem laa...hehehe...

Posted by bing > 2016-09-19 17:12 | Report Abuse

Tomorrow break 2.00 lai lor......

Posted by PlsGiveBonus > 2016-09-19 17:15 | Report Abuse

Another good performance today!
Congrat to all on the board!

Posted by mbs7633 > 2016-09-19 17:19 | Report Abuse

It's just a matter of time ...

Posted by probability > 2016-09-19 17:20 | Report Abuse

tomorrow lets see 2.0 letup with Big Bang!

Posted by paperplane2016 > 2016-09-19 17:21 | Report Abuse

BUy and keep. Historically when result good, higher if always. Dont surprise if got rm0.10 div a year or more!

Posted by moneySIFU > 2016-09-19 17:42 | Report Abuse

Paperplane, your ekovest also start flying again, luckily bought a lot this morning

Posted by paperplane2016 > 2016-09-19 17:43 | Report Abuse

Hope epf really buying Duke! Unlock value get money parred down loans and fund for more expansion! Hehe!

Posted by pingdan > 2016-09-19 18:36 | Report Abuse

mr gan disposed on 13,14,15 sep.... still got 4percents direct and 1percent indirect shares in his pocket

Posted by paperplane2016 > 2016-09-19 18:37 | Report Abuse

Ask him sekali sell all, waste time and clearing fees only! Kyy waiting to buy

Posted by moneySIFU > 2016-09-19 18:55 | Report Abuse

The momentum is slow but very strong.

Imagine a market leading company offered to sell at 60000, with cash in bank of RM30000 and coming year's RM10,000, with expectation of 50% dividend payout. Will you buy?

Posted by moneySIFU > 2016-09-19 18:57 | Report Abuse

Think this way when investing in stock market, as long as all figures are correctly calculated, life will be much easier without worrying too much.

Posted by paperplane2016 > 2016-09-19 19:05 | Report Abuse

Haha, this time money sifu smart!

Posted by steel88 > 2016-09-20 05:19 | Report Abuse

Mr Gan sold to KYY? Will it end like FL Bhd where KYY bought from director Lu Kuan Cheong?

Posted by Jack Wong > 2016-09-20 10:19 | Report Abuse

Yes, down again.Prepare bullets. Time to collect.

Posted by yeekarwai88 > 2016-09-20 10:22 | Report Abuse

choobee crazy

Posted by Lulu La > 2016-09-20 10:25 | Report Abuse

iron man fly too high in a sudden..no to come down...haha