CSC STEEL HOLDINGS BERHAD

KLSE (MYR): CSCSTEL (5094)

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Last Price

1.17

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


9 people like this.

4,157 comment(s). Last comment by aklobi 1 month ago

Hunter2016

319 posts

Posted by Hunter2016 > 2016-12-05 16:34 | Report Abuse

hardworking a bit if wanna earn $$ from stock market, Mr. Mislead :)

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 16:45 | Report Abuse

if you were to manage cscsteel, it will end up like ykgi. coz you are selling crc like nasi lemak. haha :)

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 16:47 | Report Abuse

you are comparing industrial products with consumer products. hardwork is not what u need. common sense is. :)

Hunter2016

319 posts

Posted by Hunter2016 > 2016-12-05 17:18 | Report Abuse

my uncle who selling nasi lemak also know increasing steel price is not that easy,
increasing raw material price will lower profit margin.
you must have 'business sense'. :)

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 17:48 | Report Abuse

wrong. it is only true when you have plenty of choices. u can choose not to eat nasi lemak. you have plenty of other food to fill your stomach.

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 17:50 | Report Abuse

unless you can use plastic or paper to produce what crc is meant to pruduce. or crc users shut down their machine and go sell nasi lemak. haha

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 17:51 | Report Abuse

your business sense stays at selling nasi lemak level haha

Hunter2016

319 posts

Posted by Hunter2016 > 2016-12-05 18:04 | Report Abuse

wrong. our country not only one steel maker. do your homework. :)

Hunter2016

319 posts

Posted by Hunter2016 > 2016-12-05 18:05 | Report Abuse

your business sense worse than nasi lemak level haha

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 18:06 | Report Abuse

how about antidumping? import duty of 20+ percent? haha

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 18:06 | Report Abuse

still dont understand? better go back to sell nasi lemak :)

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 18:07 | Report Abuse

i forgotten. you can bring singapore nasi lemak into msia without tax. no wonder u cant get it.

Posted by Benjamin_8888 > 2016-12-05 19:00 | Report Abuse

Hi guys, for your info as of to date, the factory still as busy as before, production volume still high but not sure on cost.

iamnew

29 posts

Posted by iamnew > 2016-12-05 23:24 | Report Abuse

hunter2016 is right in his nasi lemak view......dont love the stock.

iamnew

29 posts

Posted by iamnew > 2016-12-05 23:29 | Report Abuse

Benjamin is also right factory is busy order will be running at almost full capacity until December 2016...fully booked since August....but margin is not good....raw material px up in china..when parent company sell to CSC the HRC is higher but orders already accepted until December since August....prepare to be dissapointed...and all those singing about the spread....is singing in the wrong direction...

chl1989

2,552 posts

Posted by chl1989 > 2016-12-05 23:57 | Report Abuse

wow? full capacity? close to 100% utilization rate? I see this as a very good news if it is true. last year was running at about 70% only? correct me if i am wrong. if what you said about margin contraction is true, increase of order also cant cover the shortfall? I hope your insider news are real. :)

Posted by shareshareknowledge > 2016-12-06 10:19 | Report Abuse

the spread will always be there.

always remember that there is always a 2 months stock at old prices. as prices go up, i believe the mgmt is competent enough to make sure the margin is protected. the question is how much will they benefit from this round of price increase.

this round of price increase is worldwide and customers have to adapt to this

Posted by Benjamin_8888 > 2016-12-06 10:46 | Report Abuse

iamnew, I don't think the factory is running almost full capacity, I guess is about 80% to 85%, Chl u r right last year about 70%. I will hold it till next year.

MRapolo

67 posts

Posted by MRapolo > 2016-12-06 11:38 | Report Abuse

When a company product demand is so high, buyer want to book my product sure i will ask to pay some deposit first to buy raw material.

Hunter2016

319 posts

Posted by Hunter2016 > 2016-12-06 11:55 | Report Abuse

CSC import raw material and pay in USD, the strenghten of USD + spike of raw material price is definitely a bad bad news for steel makers.

MRapolo

67 posts

Posted by MRapolo > 2016-12-06 12:13 | Report Abuse

buy high sell higher lo

bee881

12 posts

Posted by bee881 > 2016-12-06 12:20 | Report Abuse

CSC wont drop much, got invisible hand support usually last minute every day.

chl1989

2,552 posts

Posted by chl1989 > 2016-12-06 12:36 | Report Abuse

which company in bursa enjoying low raw mat cost but high selling price? i will buy in a heartbeat :)

Hunter2016

319 posts

Posted by Hunter2016 > 2016-12-06 13:47 | Report Abuse

should avoid the company which expenses in USD, earning in RM.

wlan0

655 posts

Posted by wlan0 > 2016-12-06 13:49 | Report Abuse

Then avoid loh. Bye-bye.

007

1,902 posts

Posted by 007 > 2016-12-06 14:23 | Report Abuse

as long as no competition in the market of its class, cscsteel can increase price as there is no import flat steel that can compete the local market price with the anti dumping tax

chankp7010

614 posts

Posted by chankp7010 > 2016-12-08 16:43 | Report Abuse

Still can buy at RM2.08. Good dividend is forthcoming.

chl1989

2,552 posts

Posted by chl1989 > 2016-12-08 17:18 | Report Abuse

last min show every single day :)

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-12-08 17:18 | Report Abuse

interesting!

telusdansuci

1,696 posts

Posted by telusdansuci > 2016-12-08 17:29 | Report Abuse

Uncle Koon collecting silently because he know this counter will be the next Pmetal counter in 2017 . Thank you , uncle Koon . Csc Stel boleh dan tetap boleh .

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-12-08 18:13 | Report Abuse

This time sure can fly to 2.2
:)
Tighten your belt tomorrow

telusdansuci

1,696 posts

Posted by telusdansuci > 2016-12-08 18:24 | Report Abuse

I bought Rm 2.13/= higher than you bought Rm 1.86/= but never mind because i got the Holding Power . CscStel boleh .

chl1989

2,552 posts

Posted by chl1989 > 2016-12-08 18:35 | Report Abuse

40% return in 2 months. i will continue to hold until 100% roi. :)

hewiester

449 posts

Posted by hewiester > 2016-12-08 23:02 | Report Abuse

Looking good... no need to fly. Just be stable as you head northpole this xmas! Thank you, Santa

chaishen

1,902 posts

Posted by chaishen > 2016-12-09 08:35 | Report Abuse

trendline breakout

chaishen

1,902 posts

Posted by chaishen > 2016-12-09 08:36 | Report Abuse

tp 2.23 2.4 sl 1.9

chl1989

2,552 posts

Posted by chl1989 > 2016-12-09 09:23 | Report Abuse

same pattern today. drama will start after 430. :)

telusdansuci

1,696 posts

Posted by telusdansuci > 2016-12-09 10:35 | Report Abuse

Remember, never talk bad about people because we buy at our own risk . Holding Power is very important depend what type of company we bought . I believe this counter will become the next Press Metal counter in 2017 . CscStel boleh dan tetap boleh . Not suitable for contra and daily players .

telusdansuci

1,696 posts

Posted by telusdansuci > 2016-12-09 11:06 | Report Abuse

For example, SMOKING is bad for our health but still so many people also smoked . Who are we going to blame ? Of cause no people force us to smoke . We smoke at our own risk . The same things like share investment . People just give you the tips but never ask you to buy . CscStel boleh dan tetap boleh .

Posted by 360Capitalist > 2016-12-10 19:24 | Report Abuse

CsCStel is cash rich company. With tariff protection and strong steel prices due to capacity cut in China, the future earnings are very promising with fat margins. Savvy investors will come in to accumulate as the price is still in single digit P/E. We don't need famous investor like KYY to promote CsCStel, most important thing is ability of the company to generate revenue and earning growth for the near future. Good luck.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-12-12 16:26 | Report Abuse

Smart money is the only key to success
TA FA business sense is all lies created by banker to lure you in the trap
Banker banker themself didn't success at all

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-12-12 16:28 | Report Abuse

Follow the smart money to make a fortune
Don't fight it

chaishen

1,902 posts

Posted by chaishen > 2016-12-13 14:14 | Report Abuse

when its hit 2.5 then is no more rubbish counter, right? everyday CSCsteel still printing money so what's the problem?

telusdansuci

1,696 posts

Posted by telusdansuci > 2016-12-15 14:03 | Report Abuse

CSCSTEL and PRESS METAL sama-sama boleh . Jangan takut punya , kaunter yang boleh tetap boleh .

joetosh

191 posts

Posted by joetosh > 2016-12-15 16:34 | Report Abuse

start initial investment at 2.11...

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-12-15 17:26 | Report Abuse

It is coming non stop
Keep it up

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-12-15 17:33 | Report Abuse

Cscstel is lagged behind by many peers too
It is a waste to keep selling down a gem

chl1989

2,552 posts

Posted by chl1989 > 2016-12-15 21:37 | Report Abuse

2.4 easily soon:)

Posted by myportfolio > 2016-12-15 22:54 | Report Abuse

c'mon CSCSTEEL - u need to give us a bull run soon

mh87

3,966 posts

Posted by mh87 > 2016-12-15 23:26 | Report Abuse

Mycron already move agressively.. Just wait other counters like CSC steel and YKGI to show off..

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