Kesm is a good buy. Its outlook is very good after the recent AMG. It focuses on automotive semiconductor. It is likely to fly aftet the next QR announvement.
(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.
Please talk with facts and figures. For long steel or rebar products, US only imported about 3mil metric tonne for the first 3 quarters in 2017. Is this considered a lots?
Based on the entire series of volume flow, Southern Steel has yet another +100% profits upside from here. This gives Southern Steel the next target price of 4.56. This represents +608% returns from my 1H-2016 scoop-the-bottom operations, +368% returns from my November-2016 scoop the bottom operations and a +200% returns from my February-2018 scoop-the-bottom operations (for averaged up addition of buys on Steel-Metal stocks worldwide).
The Donovan Norfolk Technical Ratings: HIGHLY BULLISH ON COMMODITIES-RAW MATERIALS SUCH AS STEEL AND METALS
But according to global news reports President Trump is seriously and actively considering the proposal by The Commerce Department to impose stiff tariffs and other punitive trade measures on the importation of steels and Aluminium to American market. Consequently :
1.China has warned that they will retaliate any of such US actions.Aftermath tit-for-tat bad for global equity confidence?; 2.Japan government had warned such actions go against the spirit of the global free trade practices. 3.Nippon Steel has warned that if US go ahead with such actions cheap steel products will flood the other markets in the region.
My questions: A. How will it affects our local steel companies if such US proposed actions are implemented? B.How will our government respond to such global development? C.Among the Big Four steel companies which of them exported to US markets or other global markets?
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....
pang72
51,542 posts
Posted by pang72 > 2018-02-15 08:36 | Report Abuse
Hlcap, hlbank, hlfinance, mpi,...all Hong leong stocks above rm10...