Lol obviously the inflation rate will either be low or unchanged. I mean cmon the market is heavily manipulated and is trump's pride. He is definitely going to manipulate the figures even if the real numbers are really high.. My guess he will never let the market crash under his watch haha.. and is +13 now
For that to happen maybe after they report a bad figure but for now i forsee only a slight correction for steel counters since everyone saw how great SSTEEL QR was and that will be the support. Aiya investment is all a gamble nobody knows whether that company is going to report great numbers. Even the financial reports are fake all telan by the director.
BUKIT TENGAH: Leader Steel Holdings Bhd expects its steel pipe output to increase by more than 20% this year due to the shortage of steel products and rising demand for steel in Malaysia.
The group’s revenue and bottomline for the financial year ending Dec 31, 2017 is expected to reach a record-breaking level, thus making the results the best for the past five years.
Group managing director Datin Tan Pak Say told StarBiz there was a shortage of steel products in the market, following the significant contraction in the output of steel products from China.
“The shortage was particularly very serious in the past three months and is expected to worsen by the end of the year,” she added.
1st you said people will cash out before cny. How is it possible to cash out tomorrow? 2nd you said we will have red sea tomorrow meaning like all counters will drop tomorrow just dow was down 100 points? 3rd the inflation concern was old news. Thats why dow dropped over 1000 pts.
If you don't know anything. Stop acting like you know everything. Be humble and learn more
Lolz, now who act like sifu? You? I just give my opinion. U don't like can skip my comment. In market no one can predict accurately. U can act like sifu if u win in market every time. If not just shut your mouth. Everyone hv to continue learning so as you. We don't know market movement yet tomorrow. This is not your forum no need to be defensive.
Wow...you have been proven wrong again and again in less than 24 hours...indeed dow jones plunged "upside down". Its ok. No need to fake your laugh to cover your embarrassment. Its because of idiots like you. People can make money. You should feel proud. Lol
Dartmaster Lol obviously the inflation rate will either be low or unchanged. I mean cmon the market is heavily manipulated and is trump's pride. He is definitely going to manipulate the figures even if the real numbers are really high.. My guess he will never let the market crash under his watch haha.. and is +13 now 14/02/2018 23:29 ======================%
This "sifu" is even more pro. I thought they already announced January inflation was 0.5 before market opened. Beyond expectation of 0.3. Thats why dow futures down more than 200pts. In Cantonese, we call this sek siu siu, pan doi piu
I'm not sifu, but for sharing, my guess is volatility in dow jones already over and confirm this morning data. I was buying like no tomorrow the last few days masteel shares as i know volatility in US market was created by traders to have the opportunity to trade low, this is their strategy.
This is my humble opinion for your sharing. Happy trading and happy Chinese new year to all
Lol sozai ggliang, please read my comment carefully. I said Dow futures drop. I think u r empty rubbish talk cock only. Pity with u born with negative mindset. Hope u live long.
The Bonus Shares will be listed and quoted on Main Market of Bursamalaysia Securities on !5 February, being 1 day after Entitlement Date.The share register of masteel will issue and despatch notices of allotment of the bonus to all entitled shareholders of Masteel WITHIN 4 MARKET days after the date of listing of and quotation of the Bonus Shares on the Main Market of Bursa
@skyjet, why 10-year bond at 2.92, the market going to collapse? As far as I know, bond is a safer investment option. People buy bond because they want a low risk investment as DJ already very very high so by nature of demand and supply, bond will increase.
To me, it is a normal increase, not to alarming level as you described. I still hold the fact that DJ volatility already over, opportunity to enter market at good price.
The show yet to reach it peak. Just few days after cny qtr rpt will out. Based on ssteel performance, masteel will perform almost the same. >20m good already. above 30m, jackpot.
More upside will come.
And if steel rebar price remain till end of year, performance will sustain in 2 subsequent qtr. TP 2.0 not a problem. Just hold and monitor rebar price.
For the small upside and downside are normal in normal market. Only if disaster comes (global market prob or crash), then need to review and act accordingly.
(1) Annjoo : Fair value already. Not too attractive. (2) Lionind : NOT 100% steel maker, Parkson is the main concern. (3) Masteel : The hottest among famous four. (4) Ssteel : Most undervalued based on PE ratio.
No firm decision on this matter. Trump may not agree. Decision will be made in April 2018 and it takes time to implement it if Trump agreed. Please do not impose fear unnecessary.
Dumping is always big big steel mills strategy to capture their respective country market. There is always economic of scale for steel manufacturing. Big steel mills will install the most advance and the most cost effective which not only big but efficient. They will produce non stop 6 days a week for their local market and the balance access will be dumping to the oversea market at a cheaper price.
I don't think Masteel is suppying any steel bar to US as local market steel is having very good demand
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Dartmaster
1,029 posts
Posted by Dartmaster > 2018-02-14 23:21 | Report Abuse
Lol obviously the inflation rate will either be low or unchanged. I mean cmon the market is heavily manipulated and is trump's pride. He is definitely going to manipulate the figures even if the real numbers are really high.. My guess he will never let the market crash under his watch haha.. and is +13 now