You must read my article " Investors must look at the company's business ". AYS and Malaysia Steel are building materials which are use for building construction. There is already an over supply of buildings in every town and city. Buying AYS and MA Steel is the same as buying property stocks.
The good profit they are showing is from previous sale concluded last one or 2 years ago. Or from delayed payment from contractors and housing developers.
Be careful. Don't just follow FA and TA indiscriminately without looking at the company's business. Can they show good profit next year? Time will tell who is right!
OMG sin la yewyin your do you dare to buy more gadang trap so many investor in gadang at high price, focus lumber bottom fish yet in the end you start disposing at high, you said can't buy choo bee due to low demand in property but end out choo bee carry extraordinary result. Sin la. You trap those really newbie hard earn money. What for you do charity ? You are using their money to empower your wealth. Be like a man la.
You must read my article " Investors must look at the company's business ". AYS and Malaysia Steel are building materials which are use for building construction. There is already an over supply of buildings in every town and city. Buying AYS and MA Steel is the same as buying property stocks.
The good profit they are showing is from previous sale concluded last one or 2 years ago. Or from delayed payment from contractors and housing developers.
Be careful. Don't just follow FA and TA indiscriminately without looking at the company's business. Can they show good profit next year? Time will tell who is right!
Forgot to mention, even Calvin Tan is miles better than KYY for Calvin Tan had recommended Masteel long before price started to move. So, where was KYY then?
He just think property only.. How about mrt, prima, affordable home which just fully sold within few hours..all need alot of steels Beside tun razak exchange, ecrl, johor double track on the way Dun listen to him loh
I think Mr KYY got the point. I thank him for sharing his good views. Of course all the sifu here can be right because short term price can go either way. As for long term, I think I will agree more with KYY. Nowadays people are talking about China business coming here. They have gained access to Malaysian market by buying up 1MDB assets etc. We could see cheap China steel coming to Malaysia sooner than expected. Like KYY, this is just a word of caution (not an inducement to sell or buy).
Hoolahooo crude oil will crash below 30 again and never goes up and ringgit is strengthening. Because what you go and do survey I lazy to explain with you but I think hibiscus is overvalue so you watch out also . Just a word of caution (not an inducement to sell of buy )
I don't have a crystal ball nor having a famous tukang tilik helping me to make a projection in near future. What I know is the hard fact that piling companies revenue has been recovering since 9 months ago. Ptaras's turnover increased by more than 70% in the past few quarters. Econbhd's revenue have reported an increase over 30% over the last 2 quarters. Is it construction activities gradually recovering after hitting the lowest 12 months ago?
Up and down bro what you want to say is if construction company can do well then steel company will do too . Construction building and many need steel. Man of steel is coming
77huat77. Exactly. You can even counter check with those construction companies turnovers have been recovering for the past few quarters ie. IJM, Kerjaya, Mitra, Pesona, GBGaqrs, Ekovest.....
Ahjib is seen more favor to hold GE next year. It's going to be high period in next 3 months for construction of big projects. Don't tell me that our PM will be stupid until to let the projects starting to kick off next year. Wakaka.
77huat77 thanks for your advice. For Hibiscus I have sold all almost 2 months ago. I made some tidy profit and went into Careplus. I am jumping here and there according to the economic outlook and did not get too greedy when the outlook change.
i rmb last time he keep on say how bad was gadang and ask ppl sell when 2.60-2.70...now gadang 1.3 ( before bonus 3.25 ) and also free warrant still wan to listen to him??
Now steel bar in china ard RMB3033 (Ard RM1900)...if plus import duties 13.9% and transportation fee..who said china steel cheap?refer to http://www.shfe.com.cn/en/products/SteelRebar/
Masteel’s principal business activities involve in the production of steel billets and steel bars which comply with the Malaysian standard (MS 146:2016) for the construction sector
There are more 15 steel and building materials companies doing extremely well in the past few quarters. Why did the superinvestor purposely mention AyS and MAsteel? Old fox is a smart businessman... he won't simply talk nonsense not supporting his hidden agenda.
'demand will soften because of ramadhan' Same reason given to protect their backside. Last year, Ramadan was started in early June 16 and yet the company is able to make profit RM 10.7 million. This year, the growth comes from capacity increased by 12% and Forex gain from RM strengthening so.... you imagine yourself la.
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....
kevin008
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Posted by kevin008 > 2017-06-05 15:04 | Report Abuse
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