Posted by janetchiam8 > 2018-11-26 19:59 | Report Abuse

CS STEEL BEING A PURE FLAT STEEL MAKER IS IN THE RIGHT SUB-SECTOR OF THE STEEL INDUSTRY. SELLS ITS FLAT STEEL PRODUCTS TO MANUFACTURERS OF MOTOR VEHICLES (THE EXPANDING AUTO SECTOR BEING ITS LARGEST BUYER), AND OTHER CONSUMER PRODUCTS LIKE FRIDGES, WASHING MACHINES, FANS, OVENS, KITCHEN GAS STOVES, STEEL/ALUMINIUM POTS & PANS AND MANY ELECTRICAL / ELECTRONIC PRODUCTS.

WITH MEGA STEEL OPERATIONS DORMANT, CS STEEL IS THE BIGGEST N LEADING MANUFACTURER / VENDOR OF SUCH FLAT STEEL PRODUCTS

Posted by janetchiam8 > 2018-11-26 20:39 | Report Abuse

3Q RESULTS WILL BE RELEASED THIS WEEK. LATEST BY THIS FRIDAY 30/11/18

Posted by calvintaneng > 2018-11-27 22:26 | Report Abuse

Today cscsteel gone against the trend.

While long steel like lionind, annjoo, masteel and even prestar collapsed together

Flat steel king cscsteel is up!

So good

Posted by ramada > 2018-11-28 17:15 | Report Abuse

The worst over past four years. Anyway, still in green.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5094

Posted by sell > 2018-11-28 17:17 | Report Abuse

Profit drop 79%. Sell at 9.00 am tomorrow. Below RM 1 coming.

Posted by didi2005 > 2018-11-28 18:25 | Report Abuse

Watching this stock from RM2.xx falling till become penny stock...

Posted by sell > 2018-11-28 21:00 | Report Abuse

Won't be surprised if can drop more. You never see CsC Steel 80 sen in your life time? Stay away until next QR is advisable.

Posted by calvintaneng > 2018-11-30 12:54 | Report Abuse

Don't be stupid

Cscsteel is debt free
It is cash rich
THE rise of proton geely jv and good result of mbmr show good demand for consumer flat steel
With us China trade war Malaysia automotive should benefit
Plus dividend twice bank fd gives solid support

Cscsteel is the best dividend steel stock with upside potential

Posted by joetay2 > 2018-11-30 17:05 |

Post removed.Why?

Posted by calvintaneng > 2018-12-12 14:22 | Report Abuse

Cscsteel the very opposite of long steel is doing great

Great future with Proton, perodua, geely, Panasonic exports of TV, fridge, aircond

Great Cash position
Above all is
Great Dividend

Posted by calvintaneng > 2018-12-15 16:56 |

Post removed.Why?

Posted by calvintaneng > 2018-12-18 02:04 |

Post removed.Why?

Posted by calvintaneng > 2018-12-19 08:21 | Report Abuse

At Rm1. 00 with 10 sen dividend per year Cscsteel is now giving out 10% Dividend - the champion in dividend among steel stocks in Malaysia!

CSC?

Cash Surging Cash!!!

Posted by sense maker > 2018-12-22 23:50 | Report Abuse

The dividend may be lower this year.

Posted by calvintaneng > 2018-12-23 14:18 | Report Abuse

Dividend lower is ok since price also weakens

In any case these are very positives

1. Cscsteel is extremely cash rich
2. An excellent management that reward shareholders
3. Enhanced sale of perodua, proton and other cars by GST removal spur demand for flat steel
4. Weak ringgit made Panasonic exports very competitive worldwide

All signs point to a sustainable industry

Posted by calvintaneng > 2018-12-25 21:02 | Report Abuse

Merry Christmas to all at CscSteel

Posted by calvintaneng > 2018-12-27 23:09 | Report Abuse

Good

Proton got strong bookings just like Perodua

https://www.theedgemarkets.com/article/proton-x70-gets-strong-support-200300-bookings-day

Posted by Nicholasming91 > 2018-12-27 23:35 | Report Abuse

194m cash ?

Posted by calvintaneng > 2019-01-01 22:00 | Report Abuse

Happy New Year

Posted by calvintaneng > 2019-01-08 13:58 | Report Abuse

CSCSTEEL = KING OF FLAT STEEL BOOM BY PROTON/PERODUA/GEELY/PANASONIC

https://klse.i3investor.com/servlets/forum/600189233.jsp

Posted by scotthong > 2019-01-09 23:59 | Report Abuse

CSCSTEL (5094) - Technical & Fundamental Analysis
January 9, 2019 | HONG WEI GIET

Technical Analysis
============
- There is a Inverted Hammer (strong buying force) with high volume on 19.12.18.

- CSCSTEL shares price able to sustain above EMA20 and it is challenging EMA60.

- MACD & RSI are bullish and overbought respectively.

- Resistance level, R2: RM1.120..............

More: https://www.fundamental-technical-analysis.com/

Posted by commonsense > 2019-01-23 11:10 | Report Abuse

The worrying issue for investors is not on the revenue side. The company has seen increasing revenue even in FY18 with 9m18 revenue grew at 7.4% vs 9m17. Investors are more worried on the reducing profit margin which fell to only 2.3% in 9m18 vs 4.7% in 9m17. The 3Q18 profit was worse at only RM3mil (margin of only 0.8%) vs 3Q17 of RM14mil which was mainly affected by the surge of cheaper import products into the market. It is expected that the trend to continue unless MITI imposed more safeguards measures. Till then investors of the company will need to be prepared for a lower profit results in the coming quarters. If the issue persists and continue till the end of FY19, PAT of the company would only be around RM12-15mil. At the current share price this would translate to a valuation of 26.5x PE.

The company however has a very strong balance sheet with zero debt which means that the company can face any market headwinds better when compared to its other competitors. At the current share price, it is only trading at a low of 0.5x PB.

If you are looking to diversify your portfolio outside of CSC Steel (due to its earnings uncertainties) I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

For FY19 growth will be driven by the still high demand of new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. I am projecting a profit to shareholder of RM160 mil for FY19 which at the current price values MBMR at only 6.2x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analyst is around RM3.50.

Good luck.

Posted by Bursa2019 > 2019-01-23 11:12 | Report Abuse

nenek ... ini csc banyak bagus ka ??


gua mau angkat time mega sales


bikin ibu duit

Posted by 4444 > 2019-02-18 18:22 | Report Abuse

S Steel big loss. How abt Csc Steel?

Posted by Bursalord > 2019-02-23 11:12 | Report Abuse

LRT3 project back on track, completion in Feb 2024
LRT3
Friday, February 22nd, 2019 at , Economy | News

By ALIFAH ZAINUDDIN / Pic by MUHD AMIN NAHARUL

THE light rail transit line 3 (LRT3) project is back on track with the signing of a novation agreement between Prasarana Malaysia Bhd, MRCB George Kent Sdn Bhd (MRCBGK) and nine work package contractors (WPC) today.

The novation agreement, which is pursuant to the fixed price contract that was signed between Prasarana and MRCBGK on Jan 25, will allow the WPCs to migrate from the previous project delivery partner (PDP) scheme to the fixed price contract scheme.

Under the new arrangement, MRCBGK is now the turnkey contractor while Prasarana takes the role as the project’s employer. The fixed price contract for LRT3 was drawn up in line with instruction by the Ministry of Finance on July 12, 2018, to reduce the project cost to RM16.63 billion.

The signing of the novation agreement was witnessed by Finance Minister Lim Guan Eng, Transport Minister Anthony Loke Siew Fook and Federal Territories Minister Khalid Abd Samad.

Prasarana was represented by its president and group CEO Datuk Mohamed Hazlan Mohamed Hussain, while MRCBGK was represented by its LRT3 project director Patrick Hwang.

The nine other companies signing the agreement are infrastructure WPCs comprise of Mudajaya Corporation Sdn Bhd, WCT Construction Sdn Bhd, Gabungan Strategik Sdn Bhd, APEX Communications Sdn Bhd, Rahimkon Sdn Bhd, Sunway Construction Sdn Bhd, Pembinaan Jaya Zira Sdn Bhd, SN Akmida and Trans Resources Corporation Sdn Bhd.

Connecting Bandar Utama to Johan Setia in Klang, the competition date for the project under the new agreement is set for February 28, 2024.

The length of the new line is maintained at 37.6km, but the number of stations has been reduced from 26 stations to 20 stations. The five stations are listed as future stations. Park and ride facilities were reduced from 6,000 to 2,300 bays and the number of trains were revised from 42 sets of 6-car trains to 22 sets of 3-car trains.

This has allowed the final project cost to be reduced from RM31.65 billion to RM16.63 billion.

Datuk Mohamed Hazlan expressed confidence that Prasarana, MRCBGK and its partners will be able to meet the project’s new deadline.

“With the commitment and the drive of the new government for a better Malaysia, we are very confident that we can meet this deadline. To do this, however, we hope all our partners with the LRT3 project especially MRCBGK and the WPCs would work closely and amicably with us at Prasarana to meet our deliverables,” he said.

Posted by ramada > 2019-02-26 17:16 | Report Abuse

First time loss-making within this 4 years.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5094

Posted by abang_misai > 2019-02-26 17:17 | Report Abuse

good sign

Posted by cksam > 2019-02-26 17:30 | Report Abuse

What happened to that Calvintaneng joker? Talk three talk four as if he knows everything. In the end it shows he knows nuts or zero !!! Even "GURU" Warren Buffet is in trouble.

https://www.moneycontrol.com/news/business/companies/buffetts-firm-reports-25-billion-4q-loss-on-paper-stock-losses-3575991.html

Posted by smartag > 2019-02-26 17:36 | Report Abuse

Idiot Calvin, cscstel announced bad Q result!!!

Posted by calvintaneng > 2019-02-26 18:29 | Report Abuse

Hi guys

This quarter they marked down Rm8 millions for depreciation. If not it should be positive

Now read carefully. Cash Position has gone up to Rm192 Millions

Other steel stocks got high debt (Only cscsteel in net cash)

Also a nice 4 sen dividend coming

Okok

I think this year you guys should sell cscsteel & switch quickly to Oil & Gas

Buy these while cheap

1)NAIM was 50 sen (Calvin Chun Chun call)

Now 90 sen & might shoot up the roof tomorrow due to fantastic result
So don't be itchy to chase high
Let Naim cool down first then slowly buy

2) AZRB (7078)
This one very good & still cheap. Buy some at 45 sen if can get

3) Pantech
Today weakened to 56 sen. Can buy & keep

4) Dialog
Can buy and keep longer term. Kwap selling is opportunity for buying

One more
Penergy
Buy Penergy on weakness

Happy investing

Posted by joetay7 > 2019-02-26 19:06 |

Post removed.Why?

Posted by 10bagger10 > 2019-02-26 19:10 | Report Abuse

Calvin sifu, how about favco?

Posted by joetay7 > 2019-02-26 19:12 |

Post removed.Why?

Posted by calvintaneng > 2019-02-26 19:18 | Report Abuse

Posted by 10bagger10 > Feb 26, 2019 07:10 PM | Report Abuse

Calvin sifu, how about favco?

Long time no see

favco ok

Indirect beneficiary of O&G

Should do ok

I think the meat is in OGSE first

Then Land & Material support like Azrb & pantech

But all O&G related stocks should do well

Only those directly related to Petronas Homeground in Peninsula & Sabah/Sarawak

World player like armada or scomies or those over indebted might not make it

These are the Ok ones

carimin, dayang, naim, azrb, pantech & penergy

Posted by 10bagger10 > 2019-02-26 19:21 | Report Abuse

Tq so much sifu, really learn a lot from u!

Posted by simon > 2019-02-26 22:18 | Report Abuse

Mr Calvin, how about annjoo steel ? sell & go into OGSE stock?

Posted by 4444 > 2019-02-27 10:13 | Report Abuse

Bursa run by crooks true? First loss in 4 years why abv RM 1 or not 4 year lowest price?

Posted by calvintaneng > 2019-02-27 14:21 | Report Abuse

Simon

You you want faster bull up then switching annjoo to penergy ok

Posted by simon > 2019-02-27 15:02 | Report Abuse

TQVM, Mr Calvin

Posted by apple4ver > 2019-03-11 09:54 | Report Abuse

https://www.theedgemarkets.com/article/govt-slaps-16-antidumping-duties-flatrolled-steel-products-china-vietnam

Posted by Casa > 2019-03-11 15:59 | Report Abuse

No more dividen for this year ?

Posted by Goinvest88 > 2019-03-12 22:31 | Report Abuse

4 cents

Posted by smartag > 2019-03-27 17:37 | Report Abuse

Avoid cscstel, price will slowly down below RM1.00.

Posted by smartag > 2019-03-27 17:38 | Report Abuse

Towards 0.80

Posted by Cockroach Paul Lee > 2019-04-10 18:56 | Report Abuse

What happen to EU n US tariffs, will affect CSC STEEL price?

Posted by sense maker > 2019-04-25 21:05 | Report Abuse

Dividend cut to 4 sen

Posted by lalalala8888 > 2019-05-08 14:04 | Report Abuse

this could be a turning point

http://www.federalgazette.agc.gov.my/outputp/pua_20190508_PUA%20127.pdf

Posted by joetay7 > 2019-05-11 21:04 |

Post removed.Why?

Posted by L2earn > 2019-05-12 22:24 | Report Abuse

看好中钢大马

“由于美国即将对所有进口钢材征收25%关税，因此，政府提高进口关税的措施，可说是相当合时，可减缓届时钢材在大马市场出现贸易转移效应，即业者转向价格相对较低的进口商。”


分析员指出，在更高的关税下，未来的钢材进口料减少，国内钢铁公司将从中受惠，获得更高的销量，平均售价也会相对的提高，扩大净利赚幅。马银行投行分析员看好中钢马来西亚（CSCSTEL，5094，主板工业股）。该分析员指出，鉴于中钢马来西亚的钢铁产品占2018年总销量收入的45%，政府提高关税的措施，将让公司的盈利更有保障，因此，上修2019至2021财政年每股盈利预测7%至20%，并将评级上调至“买进”，目标价为1.26令吉。

https://www.orientaldaily.com.my/news/business/2019/05/09/290023

Posted by KAQ4468 > 2019-06-25 15:54 | Report Abuse

aiyoooooo volume tarak