Posted by chankp7010 > 2017-01-06 09:10 | Report Abuse

Going for RM2.50 soon.

Posted by chankp7010 > 2017-01-06 09:37 | Report Abuse

Buyers overwhelmed sellers currently at Bursa. The upward moving is strong. Very soon it will register another new height.

Posted by yeekarwai 95 > 2017-01-06 09:39 | Report Abuse

mr kiasu,you can find your.information.here
http://www.sunsirs.com/uk/prodetail-318.html

Posted by stockmanmy > 2017-01-06 09:41 | Report Abuse

$ 3 when?

I say within 3 months.

Posted by yeekarwai 95 > 2017-01-06 12:05 | Report Abuse

hope break 2.30 today!!!

Posted by PlsGiveBonus > 2017-01-06 12:21 | Report Abuse

Money money come
:)

Posted by chl1989 > 2017-01-06 13:00 | Report Abuse

halo lextcs, where are you? waiting for your update :)

Posted by yeekarwai 95 > 2017-01-06 17:02 | Report Abuse

2.28,not.bad.

Posted by shareshareknowledge > 2017-01-08 12:09 | Report Abuse

any sifu mind to share their view on csc steel latest disposal of 300,000 of treasury shares? the company still have 11 million shares in treasury.
will this disposal means that the company think their company is fully valued?
------------------------------------------------------------------

Notice of Resale/Cancellation of Treasury Shares - Immediate Announcement

CSC STEEL HOLDINGS BERHAD

Date of transaction 06 Jan 2017
Currency Malaysian Ringgit (MYR)
Total number of treasury shares sold (units) 300,000
Total number of treasury shares cancelled (units) 0
Minimum price paid for each share sold ($$) 2.290
Maximum price paid for each share sold ($$) 2.290
Total amount received for treasury shares sold ($$) 685,052.27
Cumulative net outstanding treasury shares as at to-date (units) 11,000,000
Adjusted issued capital after cancellation/resale (no. of shares) (units)

Posted by stockraider > 2017-01-08 12:27 | Report Abuse

Posted by stockraider > Jan 7, 2017 08:02 PM | Report Abuse X

Investing
How CSC Steel can create more benefit for shareholders?
By Koon Yew Yin
Posted on January 3, 2017

Every business man has the ambition to list his company in the stock market so that he can sell the shares he has created. Successful listing of the company is like Bank Negara has issued him a license to print money.

So, selling his shares is as important if not more important than selling his product. Of course, he must be wanting to sell his shares at higher prices. The usual way is for the company to make more profit which is the most powerful catalyst to move share price. If the company can make more and more profit, its share price will also continue to go up.

In the case of CSC Steel, its share price seems to have reached its peak in spite of the fact that it has strong profit growth prospect and with about Rm 320 million cash in its account.

To break this price barrier I propose the following:

The company split its 1 share into 2 shares to create more shares to improve liquidity for trading.

After the share split, the company issue 1 bonus share for every 4 shares held by shareholders.

After the share split, the company issue 1 bonus convertible warrant for every 4 shares held by shareholders.

I am very sure its share price will go up if the company implements my proposal. All these corporate exercise are allowed by the Securities Commission which benefit all the shareholders without depleting the company’s cash. Giving out free warrants to shareholders is like giving them cash ang pau because they can sell the warrants in the open market.

Moreover, the controlling shareholder can increase his shareholdings by selling some of his shares to buy more warrants. For every 1 share he sells he can buy back 4 warrants.

RAIDER COMMENT; KYY HAD BECOME A MAD DOG LOH....!!
WHY GET THE COMPANY TO HELP U N TO GIVE BONUS ISSUE & FREE WARRANT LEH ?

IF THE BUSINESS IS GOOD, SURELY THE PRICE WILL RISE MAH....!!

WHY U WANT TO MANIPULATE NAIVE AUNTIES AND UNCLES LEH ?

IS IT BCOS OF YOUR GREED OR ARE U IN FINANCIAL TROUBLE, THAT U HAVE NO CHOICE BUT NEED TO MOVE UP THE SHARE TO SELL AH ??

AS USUAL, YOUR ACTION....CONFIRM THAT U R NOTHING BUT A CONMAN LOH...!!

btw it will be financial negative for CSC to give bonus or free warrant, when it is holding tonnes of own treasury share loh...!!

Even if CSC listen to kyy, they need to try to reduce the treasury share b4 implementing Kyy proposal loh...!!

Posted by telusdansuci > 2017-01-08 19:10 | Report Abuse

Let's talk about the target price for CSCSTEL . For me , my target price is Rm 3.00/= coming soon very fast and for Pmetal is Rm 2.00 - Rm 2.50/= . CSCSTEL boleh and Pmetal pun tetap boleh . CSCSTEL ada uncle Koon and Pmetal ada Dato' Paul Koon . I support both of them .

Posted by stockraider > 2017-01-08 19:29 | Report Abuse

Your CSC target price of Rm 3.00 not bad loh....same as KYY, he also want to advantage n sell at good price, thats why he is heavily promoting loh....!!

Raider will advice u don simply set target price loh....!!

When big Crocs KYY selling....u better run faster than him mah...!!
Bcos of this Raider ....never set target price...bcos big crocs KYY is there & ready to pounch mah.....!!

Posted by telusdansuci > 2017-01-09 07:55 | Report Abuse

Even if i lose , i won't blame people because i buy at my own risk . People ask me to buy below Rm 2.00 but i bought at Rm 2.13 and still hold until today . Why i don't scare because i know this CSCSTEL one day its will touch Rm 3.00 like Pmetal counter which i bought last time . CSCSTEL and Press Metal boleh dan tetap boleh .

Posted by SharehlderOppression > 2017-01-09 10:18 | Report Abuse

We shouldn't be quick to judge Mr KYY.
As the founder of IJM, Gamuda, Mudajaya he gives good advice in terms of maximizing shareholder value.
His point of view should be respected.
As minority shareholders, we should be more collective in our efforts.
Far too often, directors of PLCs put their own interest ahead of shareholders.

Posted by yeekarwai 95 > 2017-01-09 10:21 | Report Abuse

some ppl come here just for quarrel rather than invest.
pity them.

Posted by shareshareknowledge > 2017-01-09 10:52 | Report Abuse

it looks like the company selling of treasury shares had an effect on buyer confidence in this counter

Posted by stockraider > 2017-01-09 11:10 | Report Abuse

Raider no quarrel mah.....!!
Raider just highlight the risk this KYY is going to prey on u loh...!!

It is obvious mah....with KYY heavy position and his recent round of promotion loh....!

Be ready run as fast as possible when KYY sale loh...!!
Be wary when CSC price drop loh...!!

JUST BEWARE MAH...!!

Posted by Andry Ong > 2017-01-09 14:24 | Report Abuse

Thanks for the reminder of KYY position in CSCsteel but you have to understand the golden rule of KYY, At the moment CSCsteel TTM eps is 24.68cents with PE=9.16, I believe KYY will still give a buy call. Next month, CSCsteel will announce dividend and QR with estimate at 12 cents at eps 25 cents, presumably all the scenario remain the same.

I will HOLD TP = 3.00 PE at 12

Posted by stockraider > 2017-01-09 14:44 | Report Abuse

Thats why raider still holding, despite red alert loh....!!
Just be prepared loh....!!

Btw....CSC Eps just 1 more qtr....after that EPS is falling mah...!!

SO get ready loh....!!

Posted by newbb > 2017-01-09 14:54 | Report Abuse

company disposed shares.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5308317

Posted by newbb > 2017-01-09 14:55 | Report Abuse

KYY ask company to give more shares, management response with disposal of shares..haha..just for laugh.

Posted by stockraider > 2017-01-09 15:00 | Report Abuse

Posted by newbb > Jan 9, 2017 02:55 PM | Report Abuse

KYY ask company to give more shares, management response with disposal of shares..haha..just for laugh.

THIS IS THE RIGHT WAY OF DOING...IF MANAGEMENT LISTEN TO KYY.

BCOS TREASURY SHARE NOT ENTITLE FOR BONUS...SO NEGATIVE TO EXISTING SHAREHOLDER LOH...!1

NEED TO DISPOSE THE TREASURY SHARE OR CANCEL SHARE...B4 THE NEGATIVE IMPACT OF BONUS LOH...!!
THEY NEED TO CLEAR TREASURY SHARE MAH...!!

Posted by chl1989 > 2017-01-09 17:13 | Report Abuse

raid, so you are saying that bonus is on the way?:)

Posted by stockraider > 2017-01-09 17:32 | Report Abuse

I m saying...if CSC wants to take care of shareholder & listen to KYY,
they need to clear the treasury stock 1st loh....!!

Of course raider don know....whether the management sell the treasury stock yesterday bcos they listen to kyy or bcos they think it is the right time to sell the treasury bcos of the good share price loh...!!

Posted by shareshareknowledge > 2017-01-10 10:51 | Report Abuse

investors are scare of the 2.29 level

Posted by yeekarwai 95 > 2017-01-10 11:48 | Report Abuse

gogogo!

Posted by Andry Ong > 2017-01-10 11:53 | Report Abuse

YEAH, BREAK THE 2.30 BARRIER

Posted by chankp7010 > 2017-01-10 12:25 | Report Abuse

Despite the constant selling by Mr Gan, CSC continues to climb north over the period of few months. Reasons: Good prospect for better QR & better dividend declaration soon. Now CSC is selling treasure shares previously bought at a much lower price in order to increase further cash holding, likely to pay more dividend. Further upside is likely by end of February 2017

Posted by Chelsea > 2017-01-10 12:37 | Report Abuse

Posted by Chelsea > Jan 5, 2017 11:02 AM | Report Abuse X
Look at previous trend stay stagnant from 1.4 to 1.5 for 2 months after quarter announce before increase by 80 to rm 2.20.
What i c the current posistion may repeat the previous history. Stagnant 2 month from Nov to Jan before increase 80sen to RM2.80
Just a small prediction. Good Luck.
Break out at RM2.24 is critical point.


RM2.80 is coming.
Fuyoh

Posted by yeekarwai 95 > 2017-01-10 17:09 | Report Abuse

2.32! lengzai!

Posted by Andry Ong > 2017-01-10 17:16 | Report Abuse

PE=12 the price will go 3 gogogo

Posted by PlsGiveBonus > 2017-01-10 17:25 | Report Abuse

Yes!
Another good closing

Posted by yeekarwai 95 > 2017-01-10 17:59 | Report Abuse

wow, CSCSTEL sold more 3000lot.treasury. shares at 2.300.

Posted by Chelsea > 2017-01-10 18:29 | Report Abuse

Tp 2.80 is coming. Hope my prediction trend is accurate

Posted by chl1989 > 2017-01-10 18:34 | Report Abuse

seriously they are going for corporate exercise?:)

Posted by yeekarwai 95 > 2017-01-10 18:38 | Report Abuse

why must sell all the treasury share before implement corporate exercise?

Posted by stockraider > 2017-01-10 19:01 | Report Abuse

Bcos bonus not entitle under treasury share

Posted by yeekarwai 95 > 2017-01-10 19:04 | Report Abuse

ya,i know this.
if cscstel dont want sell treasury share and no.entitle bonus issue,is.not a big problem,right?

Posted by stockraider > 2017-01-10 20:02 | Report Abuse

osted by yeekarwai 95 > Jan 10, 2017 07:04 PM | Report Abuse

ya,i know this.
if cscstel dont want sell treasury share and no.entitle bonus issue,is.not a big problem,right?

NOT BIG PROBLEM MEH ?
THE VALUE OF THE TREASURY SHAREHOLDING WILL BE DILUTED LOH....!!

DON FORGET, CSC USE OUR MONIES TO BUY TREASURY SHARE, THEY MUST PROTECT OUR INTEREST AS INVESTOR BY NOT DAMAGING THE VALUE OF TREASURY HOLDING LOH...!!

Posted by yeekarwai 95 > 2017-01-10 20:50 | Report Abuse

CSCSTEL. still 10,700,000 treasury shares,mean they need spend a lot of time to dispose wow.
Even dispose 300,000shares every trading.days also need 36days.

Posted by stockraider > 2017-01-10 20:55 | Report Abuse

Thats the point....but the other solution is cancel the treasury share or distribute as dividend, this will not dilute the shareholding loh..!!

But look like, management is going for disposal, bcos this is the best solution, in the eye of management, bcos this will also bring them handy cash of more than rm 20 million mah....!!

Posted by smartag > 2017-01-10 21:25 | Report Abuse

Why mycron and ykgi bosses sold all share, i think csc do the same thing.

Posted by MrKiasu > 2017-01-10 22:28 | Report Abuse

Thanks yeekarwai 95.

Posted by bracoli > 2017-01-10 23:45 | Report Abuse

Hi raider what do u think of jaks current price ?

Posted by newb1995 > 2017-01-11 15:36 | Report Abuse

Later drop below RM2.25, company selling another 300k unit share.

Posted by yeekarwai 95 > 2017-01-11 16:54 | Report Abuse

no.volume how.to.sell.
make sense please XD

Posted by shareshareknowledge > 2017-01-11 16:58 | Report Abuse

i think another 300,000 treasury shares sold today

Posted by newb1995 > 2017-01-11 17:03 | Report Abuse

Gone case....better run

Posted by yeekarwai 95 > 2017-01-11 17:26 | Report Abuse

why so many jokers here?
XD

Posted by chl1989 > 2017-01-11 17:30 | Report Abuse

Lol dropped 3c like end of the world. damn funny haha