YLI Holding Berhad : A loss making steel stock will given a chance to turnaround with better steel price?
I would say yes from 2 factors (1) better average steel selling price and (2) last March MYR 97 mil Langat 2 job awarded. Current price is at consolidation price and should be reaching the bottom already (hopefully i'm right). I will give a try on 0.465 with batch buying or full force If the price start turnaround. Current steel theme should be a motivator to attract buying.
Not a net cash company. Only interesting part is high retain earnings which has a chance to give 1:1 bonus issue. NTA 1.52, but it only meaningful when making overall bottom line as a gain.
STOCK ALLIANCE = collect quietly earlier, then shout out loud loud in the forum and your telegram group...sometimes act smart and write some poorly written "analysis". then cheer your followers to buy higher for u to sell.
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i4investor
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Posted by i4investor > 2016-09-13 16:55 | Report Abuse
see a small volume come in...hope tmr can push above 0.50, but still far from my average price 0.60 :(