CSC STEEL HOLDINGS BERHAD

KLSE (MYR): CSCSTEL (5094)

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Last Price

1.26

Today's Change

-0.01 (0.79%)

Day's Change

1.25 - 1.26

Trading Volume

97,200


9 people like this.

4,152 comment(s). Last comment by prudentinvestor 1 month ago

stockraider

31,556 posts

Posted by stockraider > 2020-06-12 15:50 | Report Abuse

The local court did not issue the injunction bcos has not need to stage of enforcement yet mah...!!

Don be sohai loh...!!

Posted by jjohnchew > Jun 12, 2020 11:31 AM | Report Abuse

AZRB which court case ? Middle East legal system is protective their local, there are cases where the IAC in England is awarded but the local court is issued injunction to stop the award. In Zelan n Meena case , local court did not issued the injunction.

jjohnchew

2,507 posts

Posted by jjohnchew > 2020-06-12 19:47 | Report Abuse

Ho ho this is the difference of a Judge and a conman .

jjohnchew

2,507 posts

Posted by jjohnchew > 2020-06-12 20:32 | Report Abuse

The total of vehicles sold in Malaysia in 2019 was 604,287 units.2020年1月22日

MAA trims 2020 car sales forecast by 33pct to 400,000 units
By Ayisy Yusof - April 29, 2020 @ 4:09pm

>>>>

Jan = 42,623
Feb = 40,403
March = 22,478
April = 141

sum = 105,645

compared to 2019 : 604,287 is 17.48 % ,

is Reducing about half of the vehicle sales in the first 4 months of 2019 .

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-06-23 18:56 | Report Abuse

buy buy buy. last few days for RM0.06 dividen

sandrakkc

1,014 posts

Posted by sandrakkc > 2020-06-23 23:03 | Report Abuse

6.6 sen div, going ex on 25/6 giving a div yield of 6.9%.

Jason85

652 posts

Posted by Jason85 > 2020-06-24 09:07 | Report Abuse

Bought some today for dividend and keep for long term.. good dividend and cash rich company..

Jason85

652 posts

Posted by Jason85 > 2020-06-24 14:46 | Report Abuse

Huat ah.. stock price increase and great dividend.. this shall be a good stock to hold?

Posted by Bill_Fates > 2020-06-24 22:45 | Report Abuse

bubble will burst tomorrow..

Jason85

652 posts

Posted by Jason85 > 2020-06-25 14:48 | Report Abuse

Please hold tight until rm1 quite a sharp drop of 10% after Ex-Date

Jason85

652 posts

Posted by Jason85 > 2020-06-26 15:36 | Report Abuse

So undervalue this stock now go rm1 target price?

Jason85

652 posts

Posted by Jason85 > 2020-06-29 09:34 | Report Abuse

Let’s see lowest it can go

AhHuat01

116 posts

Posted by AhHuat01 > 2020-06-29 12:25 | Report Abuse

@Jason85 whats your average price?

Jason85

652 posts

Posted by Jason85 > 2020-07-02 15:03 | Report Abuse

Haha nobody talk here one.. my avg price at 0.8x and look like need hold already.. waiting and waiting ;)

Posted by CatchThe Bull > 2020-07-03 15:05 | Report Abuse

CSC Steel mother company in Taiwan. If you have friends in Taiwan, ask them about this company. VERY GOOD company. Have a look in their website.

https://www.csc.com.tw/index.html

stockraider

31,556 posts

Posted by stockraider > 2020-07-04 10:07 | Report Abuse

just buy lah 6.6 sen dividend...no joke mah...!!

Jason85

652 posts

Posted by Jason85 > 2020-07-08 01:04 | Report Abuse

Wow all the way up now to Tp 1..

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-07-14 17:58 | Report Abuse

Tq for the credited dividend 0.066 today.

Posted by CatchThe Bull > 2020-07-15 14:15 | Report Abuse

Dividend already ex on 26 June, dividend pay out on 10 July in the bank is REAL. Happy investing :)

Jason85

652 posts

Posted by Jason85 > 2020-07-16 00:46 | Report Abuse

Thanks for dividend but this counter so quiet one? Is undervalue stock right?

XiuyyXiong

134 posts

Posted by XiuyyXiong > 2020-07-17 17:50 | Report Abuse

Local steel industry faced a lot of price challenge etc China. Good for government to consider new rules to protect local players. Time to enter some since price low today.

AhHuat01

116 posts

Posted by AhHuat01 > 2020-07-17 18:00 | Report Abuse

on top of that, HSR,ECRL, maybe construction projects ( i believe coming soon) will benefit CSC :)

Jason85

652 posts

Posted by Jason85 > 2020-07-19 23:42 | Report Abuse

Sales up to TP1 :)

Jason85

652 posts

Posted by Jason85 > 2020-07-20 10:54 | Report Abuse

Steel show time

Jason85

652 posts

Posted by Jason85 > 2020-07-24 00:34 | Report Abuse

Let’s hold this for long term.. don’t plan let off ;)
I still remember cash per share of this company is around rm0.50 per share? A Very cash rich company.. that boost my confidence

AhHuat01

116 posts

Posted by AhHuat01 > 2020-07-24 09:48 | Report Abuse

@Jason, if FY2020 still can maintain 30 million net profit, with the current price (RM0.84) we can get around 8% dividend for 2021 :) hahaha somemore those ppl bought at 70cent or lower sure happy daooo

Jason85

652 posts

Posted by Jason85 > 2020-07-24 15:00 | Report Abuse

Ah Huat ::: Huat ah with CSC

Jason85

652 posts

Posted by Jason85 > 2020-07-28 10:42 | Report Abuse

Steels good sales woh bross

AhHuat01

116 posts

Posted by AhHuat01 > 2020-07-28 14:46 | Report Abuse

i suspect got 1 x local institutional is slowly collecting this share since 16 July...

16 july - bought 1152++ lots @ 0.830
24 july - bought 1305++ lots @ 0.845
28 july - bought 1159++ lots @ 0.830

should i average up abit?? ehmmm

AhHuat01

116 posts

Posted by AhHuat01 > 2020-07-28 14:49 | Report Abuse

@jason85, where do u find their sales are doing good? can share?

Posted by EatCoconutCanWin > 2020-08-06 07:40 | Report Abuse

CEO plan to joint venture into glove production this week.

AhHuat01

116 posts

Posted by AhHuat01 > 2020-08-11 17:08 | Report Abuse

@EatCoconutCanWin where u find the news from?

ykloh

514 posts

Posted by ykloh > 2020-08-12 00:34 | Report Abuse

gloves will be history once vaccines are available.

XUXNN

55 posts

Posted by XUXNN > 2020-08-12 08:43 | Report Abuse

company developing anti bacteria products

billionn

731 posts

Posted by billionn > 2020-08-25 10:59 | Report Abuse

Run for your life

Jason85

652 posts

Posted by Jason85 > 2020-08-25 14:54 | Report Abuse

Based on the EPS they are doing good.. so does the NTA and cashflow

AhHuat01

116 posts

Posted by AhHuat01 > 2020-08-26 10:48 | Report Abuse

this one is for long term one... hopefully FY2020 Net Profit got atleast 20M ....

thn company will issue 0.05 to 0.06 dividend = 7% to 7.5% ( with 84 cent price)

Net Profit:
2017 - RM 59.8M
2018 - RM 21.9M
2019 - RM 35.8M
2020 - RM 20M <<<<<<<<< CAN OR NOTTT?!?!?!? Q1 already 5mil
2021 - more thn 50M ????? got mega project, and Gov protecting CSC steel price from importer!!!

nomadmy

92 posts

Posted by nomadmy > 2020-08-28 10:06 | Report Abuse

strange... very quiet.

Posted by EatCoconutCanWin > 2020-08-28 13:03 | Report Abuse

Nothing to worried. Is ok .. cause by MCO ya.. don't drop off..

Jason85

652 posts

Posted by Jason85 > 2020-09-02 16:43 | Report Abuse

Hidden Gem price up up ;D

Posted by ffreeuser > 2020-09-08 10:50 | Report Abuse

antidumping on import coil already applied...this counter will up up soon

Jason85

652 posts

Posted by Jason85 > 2020-09-10 11:36 | Report Abuse

Great company performance during pandemic time.. why still stuck here ..

Posted by BigPortfolio > 2020-09-16 01:12 | Report Abuse

cash rich without debts company

i4value

78 posts

Posted by i4value > 2020-10-26 15:24 | Report Abuse

Steel is a cyclical commodity. It is currently in the down part of the cycle. CSC Steel has a track record of being profitable during the previous cycle is will probably continue to do so for the current cycle. It is also financially sound. This is one stock for those with holding-power. There are a number of fundamental analyses online. Check them out to verify my view

Posted by Eurobeater > 2020-11-02 16:24 | Report Abuse

Company is in net cash position. Net current asset per share around RM 1.08 - RM 1.14. Historically profitable, but net margins quite thin (NPM around 2% - 4%). Still, quite a worthy buy. The only major issue with this stock is the recurring loss-making associate, Hanwa Steel. Don't know when the turn around is gonna work.

smartag

176 posts

Posted by smartag > 2020-11-09 17:15 | Report Abuse

Buy opportunity, keep for RM1, good company.

Survivor13

710 posts

Posted by Survivor13 > 2020-11-10 15:59 | Report Abuse

coming, fly to RM 1

Survivor13

710 posts

Posted by Survivor13 > 2020-11-10 15:59 | Report Abuse

Goood fundamental company. good news is coming.

Survivor13

710 posts

Posted by Survivor13 > 2020-11-10 16:16 | Report Abuse

86 cent now, move up slowly and steady.

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