Posted by PlsGiveBonus > 2017-02-20 10:42 | Report Abuse

Gogogo
tp 5.00
Buy now

Posted by zoizai > 2017-02-20 10:47 | Report Abuse

TP 5? Hahaha

Posted by PlsGiveBonus > 2017-02-20 10:58 | Report Abuse

Anticipating gap up
:)

Posted by zoizai > 2017-02-20 11:55 | Report Abuse

Go go go

Posted by Invest1188 > 2017-02-20 12:36 | Report Abuse

Why worth 5, too high, 2.80 is fair

Posted by zoizai > 2017-02-20 12:46 | Report Abuse

Break rm2 then all the way to 2.80

Posted by Ding Dingsheng > 2017-02-20 14:37 | Report Abuse

easy cross 2.00 price.

Posted by SmillingTrader > 2017-02-20 21:18 | Report Abuse

niceeeeyy. tomorrow rally with ann joo

Posted by Alex Lim Jun Xiong > 2017-02-21 15:08 | Report Abuse

Drop got la~

Posted by zoizai > 2017-02-21 18:51 | Report Abuse

Alamak... good result but price no move

Posted by HuatRex > 2017-02-23 12:24 | Report Abuse

Choo bee was selling same price as cscsteel. Weak performance

Posted by MrPauper > 2017-02-23 12:41 | Report Abuse

Choo bee's performance is okay but not outstanding..

Retail investors are more interested in annjoo and ssteel now

Posted by Lim Sip Yee > 2017-02-28 11:31 | Report Abuse

drop for 5 days long ;(

Posted by HuatRex > 2017-02-28 17:34 | Report Abuse

lousy share ever

Posted by Jon Choivo > 2017-03-01 09:36 | Report Abuse

Bought some.

Share price is now RM1.83
Cash of the company alone is RM0.86 per share.
Inventory is RM1.20 per share
Net receivable(after deducting payable) is RM0.82 per share.

Total, these alone are RM2.88. By the way, receivable and inventory have reduced year on year (indicating better cash flow coupled with good sales) and cash have increased from 30m to 90m.

Assuming that 50% of receivable is bad debt and 50% of inventory is lapsap (both very very unlikely), the share is worth at least RM1.86.

At that price, you're paying RM1 for RM0.99 and they give you for free a steel company (including land and ppe) with no debt in an industry that is growing due to tariff placed on china steel.

What more you want? Buy more liao.

Posted by Jon Choivo > 2017-03-02 15:02 | Report Abuse

Lucky, manage to buy most of mine at 1.83 and 1.84

Posted by alivetoinvest > 2017-03-02 17:17 | Report Abuse

how to cover if the cost is 2.2

Posted by Jon Choivo > 2017-03-03 08:38 | Report Abuse

Buy more at a lower price and hold.

This year there is a forex gain, which can only mean one thing. They started exporting (i think).

By end of 2017, i think it should be up, especially since they'll announce the HSR subcontracts then. Lots of steel needed then.

Posted by alivetoinvest > 2017-03-03 10:57 | Report Abuse

hsr is not relevant to choo bee lol

Posted by Jon Choivo > 2017-03-06 15:50 | Report Abuse

The metal products produced by choo bee is used in construction. If construct HSR, it will increase their sales, since gamuda, gadang etc need to buy materials.

A rising tide lift all boats.

Posted by alivetoinvest > 2017-03-06 17:21 | Report Abuse

True, good point. I take back my words. My apologies.

Need to be prepared to hold for years to see the results.

Posted by HuatRex > 2017-03-06 20:43 | Report Abuse

No need to hold for years. You will see the results soon

Posted by Jon Choivo > 2017-03-07 09:00 | Report Abuse

Alive, i tell you this now, maximum in 2 quarters you will see result. This company give divs etc and the director salary is not that high. This means, the director take money out mainly via dividend. Which is good for shareholder.

And looking at the price and the financial statements, downside is completely covered.

Posted by HuatRex > 2017-03-07 20:56 | Report Abuse

It should be trading at 2.00 now. Lousy counter

Posted by Lim Sip Yee > 2017-03-07 21:08 | Report Abuse

ytd say will see result soon == now say lousy -_- aiyo then is good or lousy jek ..

Posted by stockmanmy > 2017-03-07 21:48 | Report Abuse

not all accountants are stupid accountants who don't use their brains.

the smarter ones got business sense too.




osted by RUOutOfUrMind > Feb 18, 2017 02:49 PM | Report Abuse

stockmanmy, don't claim yourself as accountant, you never behave, talk & act like accountant

Posted by HuatRex > 2017-03-08 00:10 | Report Abuse

FA is good. But share performance like shit.

Posted by Moneyfoo > 2017-03-08 09:45 | Report Abuse

Waiting long time jo :(

Posted by Jon Choivo > 2017-03-08 19:53 | Report Abuse

wow, last 15 minute 300k for sale at 1.83. Within 5 minutes, 250k sold, 200k in 50k blocks. Someone big is buying.

Posted by HuatRex > 2017-03-09 10:05 | Report Abuse

I dont think someone BIG is buying. The share is just like dying

Posted by Loo Meng Tatt > 2017-03-12 19:51 | Report Abuse

I thought that one is under transferred ?
Btw. Why that happened ?

Posted by Moneyfoo > 2017-03-15 18:41 | Report Abuse

Everyday also drop ger :(

Posted by Lim Sip Yee > 2017-03-16 19:24 | Report Abuse

ya leh dayday drop -_-

Posted by HuatRex > 2017-03-16 21:49 | Report Abuse

Bought another 1000 lot at 1.80.

Posted by Lim Sip Yee > 2017-03-17 01:05 | Report Abuse

huatrex why you say hollland stock but still add in amount leh ==

Posted by Ding Dingsheng > 2017-03-17 11:28 | Report Abuse

wait for price 2.00+

Posted by HuatRex > 2017-03-17 12:21 | Report Abuse

Sip Yee, to average down so if it moves up i can sell.

Posted by Jon Choivo > 2017-03-17 12:25 | Report Abuse

Considering the environment now (high steel price etc), i dont believe the next quarter will not be outstanding.

The one after the next we'll see. But the key thing is this. This is the first time the company got so much cash. Just buckets of it. If they dont have any major expansion plans, considering the shares have been trading below graham NET NET for 1-2 years now.

The directors must want to take some money out. I'm betting dividend. And a fat one.

Posted by Moneyfoo > 2017-03-17 17:24 | Report Abuse

Waiting for the price 2.00 too d

Posted by funitec > 2017-03-21 15:53 | Report Abuse

Ho ae BEE!! Thanks Jon., for the valuation. Current Ratio: 22.8. If anyone can find a better one lets talk. !!
current price consoildation, tiger crouching before springing into action ma.
Debt/Equity =0.
Current PE less than 10. should be 14 for the industry..
Profit increase Qtr/Qtr, also Year by Year comparison.
Good luck Solid Steel.

Posted by Adrian Keat > 2017-03-27 20:57 | Report Abuse

Company announce share buy back ?

Posted by Lim Sip Yee > 2017-03-27 23:14 | Report Abuse

but still wont up .. fu ck it -_-

Posted by stockmanmy > 2017-03-28 00:33 | Report Abuse

death trap for the accountants with no business sense.

Posted by Moneyfoo > 2017-03-28 16:14 | Report Abuse

Still waiting......

Posted by Ding Dingsheng > 2017-03-29 12:34 | Report Abuse

iron share problem from miti

Posted by Lim Sip Yee > 2017-03-29 15:15 | Report Abuse

FA good but no reveal out its performance.. really sppeechless..

Posted by Jon Choivo > 2017-03-29 15:33 | Report Abuse

My avg cost is 1.83.

I hope it drops to 1.7 or lower before the next quarter is out so that i can top up. Anyone here who wants to play all the other hot counters, please sell.

Posted by Lim Sip Yee > 2017-03-29 23:16 | Report Abuse

if you predict it can drop 1.7,then why you dont sell now and buy at 1.7 leh :O like that can get more stock also what ...

Posted by Jon Choivo > 2017-03-30 12:46 | Report Abuse

I cant predict, thats why "i hope" =)

Posted by HuatRex > 2017-04-02 15:05 | Report Abuse

I think Choo Bee is game over. After the price hike next day the QR was released in February, the share price has been gone holland all the way