ASTEEL GROUP BERHAD

KLSE (MYR): ASTEEL (7020)

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Last Price

0.085

Today's Change

+0.005 (6.25%)

Day's Change

0.085 - 0.085

Trading Volume

12,700


2 people like this.

1,430 comment(s). Last comment by Willtolive 2 months ago

sitia

1,261 posts

Posted by sitia > 2017-11-17 00:04 | Report Abuse

Anti dumping issue- checked, weakening currency- checked, stiff competition- checked, convert land and properties to ease the debts-checked.

But YKGI still have loss after loss of quarters!

ARE AL THE MANAGING DIRECTOR SLEEPING????!

X

Posted by StrattonOakmont > 2017-11-17 10:20 | Report Abuse

well... people sell to u cheap... u think cheap... buy je la... why still need consider so many things? hahaha.... If Ikea sell u at discount price, why u rush to buy and no consider so much?

Posted by StrattonOakmont > 2017-11-17 16:06 | Report Abuse

onboard before too late

sitia

1,261 posts

Posted by sitia > 2017-11-17 17:19 | Report Abuse

They need to give me a reason to buy. Cannot just got and simply buy.

Anyway, this counter is still ok.

(I hope)

sr8787

98 posts

Posted by sr8787 > 2017-11-17 18:54 | Report Abuse

Wait till it touch 0.145 soon... Today aladi touch 0.16...

Posted by StrattonOakmont > 2017-11-17 20:02 | Report Abuse

when there is a reason for u to buy, then is the time to ...... haha

sitia

1,261 posts

Posted by sitia > 2017-11-20 04:41 | Report Abuse

lim pang kiam disposed 17/11/2017 Disposed 197,000

sitia

1,261 posts

Posted by sitia > 2017-11-20 04:46 | Report Abuse

YKGI need a contingency plan.

Most of the Directors are sitting there and doesn't lim pang kiam have any worries for the future of his company??

As boss, you seriously need to think about it.

sr8787

98 posts

Posted by sr8787 > 2017-11-22 11:08 | Report Abuse

Yes o. 16..come on 0.145

Posted by StrattonOakmont > 2017-11-22 16:07 | Report Abuse

haha... lets sapu together

Posted by StrattonOakmont > 2017-11-24 21:05 | Report Abuse

testing the bottom...

sr8787

98 posts

Posted by sr8787 > 2017-11-30 10:28 | Report Abuse

yes come 0.135..waiting for u

sr8787

98 posts

Posted by sr8787 > 2017-12-22 17:15 | Report Abuse

no sound tis stock..huhu

azta12

5,594 posts

Posted by azta12 > 2018-01-05 15:53 | Report Abuse

accumulate steadily.

Posted by leyasu1989 > 2018-01-05 17:21 | Report Abuse

0.20 soon

B4b4

7,597 posts

Posted by B4b4 > 2018-01-08 11:53 | Report Abuse

Ykgi, one of my favourite stock.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-09 10:21 | Report Abuse

20s coming guys

B4b4

7,597 posts

Posted by B4b4 > 2018-01-10 07:56 | Report Abuse

Ringgit strengthening, import cost of iron ore reduced, cost of sales also reduced as manufacturing of steel gets cheaper. Profit goes up.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-11 07:22 | Report Abuse

Net cash generated from operating activities as at 30 Sept 2017 is RM 34.334 m . This is excellent results with good collection from trade receivables worth RM 31.241 m. Cash equivalents increased from RM 4.307m to RM 14.253 m within the same period ended from Sept 2016 to Sept 2017, showing an increased of about RM 10 m . YKGI is a good company , very diligent in cost management.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-11 07:28 | Report Abuse

Buy YKGI stocks now while it is still cheap, an opportunity to invest long term since this year is exciting with many BIG projects going to take place in our nation especially the HSR. This HSR, is really a big one and need a lot of STEEL !

B4b4

7,597 posts

Posted by B4b4 > 2018-01-11 10:10 | Report Abuse

RM getting stronger daily. Oil prices getting better daily too. Govt revenue will grow, reserves will grow too. More infrastructure and more steel needed. YKGI will shine again.

Posted by SuperHeroes > 2018-01-11 23:48 | Report Abuse

Ykgi has been idle quite some times already.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-12 07:41 | Report Abuse

Hi SuperHeroes, yes Ykgi has rested enough. The good news are, 1. Ringgit now 3.98 to USD, meaning import cost of raw materials reduced, 2. China control steel production due to air pollution thus cutting oversupply globally, 3. Ykgi has a fantastic cash flow from operating activities of RM 34.334 m, 4. Govt revenue increased due to oil , hence more budget for infrastructure.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-15 06:16 | Report Abuse

As our ringgit gets stronger, imported cost of raw materials gets cheaper. This will improve the bottom line ie profit will increased. Steel supply gets tighter too, hence the selling price of steel gets higher. This will increased both the revenue and profit for Ykgi. Buy, hold and keep Ykgi shares.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-15 06:24 | Report Abuse

Moody Investors Services has upgraded steel stocks in Nov 2017 due to steel increasing demand and supply cut in China ( environmental control ).

B4b4

7,597 posts

Posted by B4b4 > 2018-01-15 15:22 | Report Abuse

Good time to invest in this steel stock. Good cash flow RM 34.334m . No need to have private placement to raise fund.

B4b4

7,597 posts

Posted by B4b4 > 2018-01-16 06:48 | Report Abuse

Ykgi a laggard will soon rise again. China is cutting down on steel production due to pollution and ringgit strengthening will enhance earnings.

Posted by Lydia5050 > 2018-01-16 07:48 | Report Abuse

All machines is outdated and high cost, how can raise?

B4b4

7,597 posts

Posted by B4b4 > 2018-01-16 09:03 | Report Abuse

No worries sir, the bank borrowings dropped by 10% , revenue up by 25%, soon this cheap stock will not be cheap anymore. Plus cash flow from operating activities is RM 34.334 m which is fantastic !

sitia

1,261 posts

Posted by sitia > 2018-01-19 12:34 | Report Abuse

B4b4, really?

Posted by StrattonOakmont > 2018-02-10 05:55 | Report Abuse

buy buy buy....

Eric6790

211 posts

Posted by Eric6790 > 2018-02-10 06:14 | Report Abuse

B4b4,really,at Inix say this inix counter will rise but fall from 0.14,now u say this counter

B4b4

7,597 posts

Posted by B4b4 > 2018-02-11 18:57 | Report Abuse

Every counter dropped, eg dgsb, sumatec, puc, and many more because Dow crashed.

镠公公

648 posts

Posted by 镠公公 > 2018-02-12 08:57 | Report Abuse

Limit up

SIBUK

266 posts

Posted by SIBUK > 2018-02-14 00:48 | Report Abuse

Trend reversal?

azta12

5,594 posts

Posted by azta12 > 2018-02-14 11:11 | Report Abuse

accumulate.

azta12

5,594 posts

Posted by azta12 > 2018-02-20 09:08 | Report Abuse

nice.

azta12

5,594 posts

Posted by azta12 > 2018-02-20 10:24 | Report Abuse

continue.

B4b4

7,597 posts

Posted by B4b4 > 2018-02-20 11:13 | Report Abuse

Finally......ykgi is UP UP UP......why ? Simple reason. The RM is stronger, cost of raw materials to make steel dropped and China is cutting production of steel because of pollution

B4b4

7,597 posts

Posted by B4b4 > 2018-02-20 11:13 | Report Abuse

Buy now b4 it hit 25s very very soon

propsushi

111 posts

Posted by propsushi > 2018-02-20 11:57 | Report Abuse

Holy up!

azta12

5,594 posts

Posted by azta12 > 2018-02-20 15:22 | Report Abuse

keep the momentum going.

azta12

5,594 posts

Posted by azta12 > 2018-02-20 15:58 | Report Abuse

slow and steady..

azta12

5,594 posts

Posted by azta12 > 2018-02-20 16:03 | Report Abuse

steady flying.

sr8787

98 posts

Posted by sr8787 > 2018-02-20 16:21 | Report Abuse

Trap liao...cful

propsushi

111 posts

Posted by propsushi > 2018-02-21 08:39 | Report Abuse

Hard to tame the bull coz it keeps charging ahead

propsushi

111 posts

Posted by propsushi > 2018-02-21 08:40 | Report Abuse

High chance result is a lot stronger than normal

azta12

5,594 posts

Posted by azta12 > 2018-02-21 09:08 | Report Abuse

continue.

azta12

5,594 posts

Posted by azta12 > 2018-02-21 09:30 | Report Abuse

steady panjat.

azta12

5,594 posts

Posted by azta12 > 2018-02-21 11:06 | Report Abuse

nice GE bull.

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