Thanks for your clarification OTB. I was topping this counter since 1.80 till to date. Hopefully your TA & FA will be oriented a good result to speak louder than the old man.
profits and stock price can go up even if sales doesn't. megasteel's hrc price was ~20% premium to international price and that accounts for ~80% of the cbee's production cost. imagine what 16% of topline going directly to the bottomline looks like + their liquid assets less all liabilities is already close to the price per share you are paying at this level
Ilovehits, yes ikan bliss. I by no mean is shark. Your CSCSTEL investment already made profits right? as your cost much much lower than me. I only made about Rm7k unrealised profit based on yesterday closing.
Although free float low, fund may unload when price up, If i'm not wrong, Tabung Haji did sell during recent up trend. Hopefully, they don't kacau this time.
Our Government is doing the right thing on imposing import tax on China steel, Also there is a high probability that Choo Bee can export its product because there is a demand in Asean.
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....
stncws
10,729 posts
Posted by stncws > 2016-10-05 23:22 | Report Abuse
OTB n KYY they are too smart to understand, better avoid listen to them, they are old man.. they think faster than you.
you dont know what they are doing... they control the share price.