CSC STEEL HOLDINGS BERHAD

KLSE (MYR): CSCSTEL (5094)

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Last Price

1.50

Today's Change

+0.02 (1.35%)

Day's Change

1.48 - 1.50

Trading Volume

275,000


9 people like this.

4,147 comment(s). Last comment by prudentinvestor 4 hours ago

Posted by chickenriceseller > 2017-08-28 10:30 | Report Abuse

just did intraday profit...1.65 sell 1.68....enough for me buy chatime and ramly burger for dinner....

faithful

64 posts

Posted by faithful > 2017-09-06 15:51 | Report Abuse

dropped to 1.63

IamGoogle

836 posts

Posted by IamGoogle > 2017-09-06 16:38 | Report Abuse

CSC Steel started its journey one year ago at exactly RM1.62, it is now back to where it was

hng33

19,867 posts

Posted by hng33 > 2017-09-06 16:58 | Report Abuse

bought CSC at 1.63

gsi723

903 posts

Posted by gsi723 > 2017-09-08 00:35 | Report Abuse

Rising steel price aren't benefit to CSC

hng33

19,867 posts

Posted by hng33 > 2017-09-08 12:17 | Report Abuse

Oversold is overdue, time to rebound

hng33

19,867 posts

Posted by hng33 > 2017-09-08 12:19 | Report Abuse

All steel price is soaring, be Hot or cold steel, all move up significantly

hng33

19,867 posts

Posted by hng33 > 2017-09-08 12:21 | Report Abuse

With increase steel price now, CSC previous provision can be write back, further add to profit in next q result

hng33

19,867 posts

Posted by hng33 > 2017-09-08 12:24 | Report Abuse

CSC steel is the only steel maker that have very strong balance sheet, net cash and strong dividend yield

Posted by Cornerstone > 2017-09-08 13:31 | Report Abuse

yes totally agreed

Posted by Cornerstone > 2017-09-08 13:32 | Report Abuse

This is the only steel stock that is trading at year low...

Posted by DisCiPline > 2017-09-08 13:41 | Report Abuse

Margin wise may not be as good as long steel, but still it should not be trading at this low

hng33

19,867 posts

Posted by hng33 > 2017-09-08 14:08 | Report Abuse

CSC steel management comment on steel price hike

The price of steel has been moving up lately due to higher cost of iron ore and coking coal. If the increasing price trend is sustainable, this will bode well for the Group in the coming quarter.

hng33

19,867 posts

Posted by hng33 > 2017-09-08 14:11 | Report Abuse

Iron ore hike (raw material) ----> hot rolled steel hike ----> cold rolled steel hike.

Remark: CSC steel is market leader, supply as much as 60% of local demand for cold rolled steel. In the current hike, It have power to not only pass through cost to customer, but to reap higher profit margin in next q result.

hng33

19,867 posts

Posted by hng33 > 2017-09-08 14:13 | Report Abuse

In Q2 result, CSC steel track other hot rolled steel stock, report lower profit due to lower selling price and lower demand. In the next coming quarter, CSC steel will also track other hot steel stock on earning recovery

hng33

19,867 posts

Posted by hng33 > 2017-09-08 15:19 | Report Abuse

YES, moving higher now :D)

gsi723

903 posts

Posted by gsi723 > 2017-09-08 18:27 | Report Abuse

The upstream ones (annjoo, masteel, southern, lion) all engine started flying.... hopefully CSC at mid-stream will fly too

hng33

19,867 posts

Posted by hng33 > 2017-09-11 09:55 | Report Abuse

sold back CSCsteel at 1.73, lock handsome profit, free up capital first

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-11 10:44 | Report Abuse

假设ANNJOO可在FY17交出RM230m的盈利,以500.14m股数计算,其每股盈利将会是46仙。再以10-12倍PE推算,其每股潜在价值处于4.60-5.52之间,相等于30-50%的潜在涨幅。本专页认为目前的钢铁股已不再适合之前的8倍了,主要因为钢铁未来一年的行情已全面看涨,不再像2015年的产能严重过剩。

hng33

19,867 posts

Posted by hng33 > 2017-09-11 11:37 | Report Abuse

Too bad, force to took profit on CSCsteel first now, free up capital to raise cash for UMWOG right 30sen subscription next + free warrant

ESPESP

298 posts

Posted by ESPESP > 2017-09-11 11:50 | Report Abuse

CSC also looking strong with buyer at 1.72..
Should have seen a rebound to RM1.9?

Posted by DisCiPline > 2017-09-12 16:08 | Report Abuse

price going up with volume increases, big boys are in?

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-12 16:28 | Report Abuse

highest dividend steel counter

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-13 12:51 | Report Abuse

Rebar Price Chart:
https://www.lme.com/Metals/Ferrous/Steel-Rebar#tabIndex=2

from 1st July, up around 20-25% until today

Posted by DisCiPline > 2017-09-18 17:06 | Report Abuse

nice closing, hope to see rm2 soon, woohoo!

Posted by Jiawei Cheng > 2017-09-19 08:13 | Report Abuse

Steel counter all working fine.. hold and sleep.. it will surprise you

i3ventor

41 posts

Posted by i3ventor > 2017-10-04 11:58 | Report Abuse

May i know price up of High Roll steel will jeopardize CSSTEL margin ?

Posted by coffeemoney > 2017-10-14 17:30 | Report Abuse

I can say that CSC STEEL is one of the WORST profit-running steel manufacturing company in Malaysia in terms of share price performance.

Steel manufacturing company that are running profitably such as ANNJOO, MASTEEL, PMETAL, SSTEEL, has their financial performance reflected in their share price and most of them had increased more than 50%, EXCEPT THIS CSC STEEL.

STILL SLEEPING!

AFTER THE POSITIVE OUTLOOK AT 1.80-1.83, AND DROP BACK NEAR TO 1.70. NOT EVEN MAINTAINING AT 1.8. HOPELESS!

The share price is already very depressed. Almost everyday, there are brainless seller queue to sell in large quantities and when BUY RATE is high, the share price is not moving dramatically, but when BUY RATE is low, the price drops depressely.

Even HIAPTECK announced their financial statement in an INCREASED LOSS. The share price still stands steadily near 40 sen. Not heavily affected from its loss financial position. Otherwise, I forecast HIAPTECK now should be trading around 30 to 33 sen. BUT NO...

I DON'T UNDERSTAND WHY CSC STEEL IS STILL TRADING AT 1.7-1.8?

IS THIS COMPANY REALLY USELESS OR WORTHLESS?

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-14 18:24 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-14 18:25 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-14 18:25 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-14 18:25 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-14 18:25 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-14 18:25 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

jackng06

469 posts

Posted by jackng06 > 2017-10-14 19:24 | Report Abuse

because most of the small investor like u, all dumping and let tabung haji collect =)

jackng06

469 posts

Posted by jackng06 > 2017-10-14 19:24 | Report Abuse

tat y the share price no up

Smallli

8 posts

Posted by Smallli > 2017-10-16 12:40 | Report Abuse

obviously coffee money is merely a trader that looking only at share price. So when the price didnt perform as what he expected he become emotional.

didi2005

302 posts

Posted by didi2005 > 2017-10-16 18:03 | Report Abuse

I'm also holding before dividends till now...

caven

61 posts

Posted by caven > 2017-10-16 22:40 | Report Abuse

No worries, The price was eventually back to 1.73, means that it has a support to perform the comeback after opening low and which the lowest of the day was 1.70!

Smallli

8 posts

Posted by Smallli > 2017-10-17 11:54 | Report Abuse

no doubt, the price performance is less appealing, but being emotional wont help how the market works. if u have confidence with it, then hold.If u dont, sell it. spread negativity wont help.

i3ventor

41 posts

Posted by i3ventor > 2017-10-17 16:09 | Report Abuse

It could be a good opportunity to big fund to collect share from unpatient shareholders

Posted by coffeemoney > 2017-10-25 20:55 | Report Abuse

Many of the shareholders of CSC STEEL are also very unsatisfied with the current share price and get emotional, not only me.

If I'm emotional, I would had already disposed off all my CSC STEEL share.

My stakes in CSC still remain unchanged for months.

I am just expressing my disappointment investing in this CSC STEEL which is the WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

Posted by coffeemoney > 2017-10-25 21:08 | Report Abuse

CSC STEEL IS ONE OF THE WORST PROFIT-RUNNING STEEL MANUFACTURING COMPANY IN MALAYSIA IN TERMS OF SHARE PRICE PERFORMANCE.

INVESTORS WHO INVESTED IN ANNJOO MASTEEL PMETAL SSTEEL HIAPTEK WOULD HAD ALREADY GAIN UNREALISED AND/OR REALISED PROFIT.

VERY DISAPPOINTING.

Posted by Isaac Chow > 2017-10-26 13:40 | Report Abuse

u must be buy a lot with high price lol...

Posted by coffeemoney > 2017-10-26 17:23 | Report Abuse

CSC STEEL IS STILL AN OUTSTANDING STOCK THAT GIVES INVESTOR AN UNREALISED AND/OR REALISED LOSS. I believe many investors are in the same situation.

Poor CSC STEEL investors.

I bought all the way between RM 2-RM 2.07 and from RM 1.80-1.85 after the dividend X-ed.

Bought in a big quantity, so my unrealised loss is in a huge amount.

I am expecting better performances from CSC STEEL in its financial summary soon and in future.

Posted by coffeemoney > 2017-10-26 17:25 | Report Abuse

Currently, this company is very disappointing. Not benefiting at all.

i3ventor

41 posts

Posted by i3ventor > 2017-10-30 13:02 | Report Abuse

hopefully u can average down if confident, if not why dont u sell it to stop loss

jackng06

469 posts

Posted by jackng06 > 2017-11-03 19:41 | Report Abuse

he is crying hard now =)

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