ASTEEL GROUP BERHAD

KLSE (MYR): ASTEEL (7020)

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Last Price

0.095

Today's Change

0.00 (0.00%)

Day's Change

0.095 - 0.095

Trading Volume

63,100


2 people like this.

1,426 comment(s). Last comment by omggggg 3 days ago

tangen1985

559 posts

Posted by tangen1985 > 2021-02-26 14:21 | Report Abuse

Gud luck jadeschira & the rest still holding. May u all gain back yr losses with yr strong faith in this counter. I rest my case..sayonara

Posted by Sweetchocalates > 2021-02-26 14:45 | Report Abuse

I m not even holding and i m planning to enter again. If u know how to read price and volume action, u will know this show isnt over yet. Next week or later in the evening today will have show.

Posted by Sweetchocalates > 2021-02-26 14:46 | Report Abuse

Either today or next week

Posted by SiggyWiggy > 2021-02-26 15:05 | Report Abuse

This counter will catch up to Hiaptek once QR is released. It's inevitable

Cikam

1,720 posts

Posted by Cikam > 2021-02-26 16:40 | Report Abuse

The only metal counter up

Cikam

1,720 posts

Posted by Cikam > 2021-02-26 16:40 | Report Abuse

Yang lain semua red

Bullish

868 posts

Posted by Bullish > 2021-02-26 16:53 | Report Abuse

Time to wait for YKGI result

Posted by GorengHealthcare > 2021-02-26 17:01 | Report Abuse

Observe the transaction today; other steel bloodbath kena throw kaw2, only YKGI is stable. And there's 240 & 250 which can be so easily pushed but no one pushing.

Meaning in March YKGI will be hoseh. Finger crossed.

Cikam

1,720 posts

Posted by Cikam > 2021-02-26 17:12 | Report Abuse

With the current copper price i reckon ykgi is able to remain positive..50 cent!!!

Bullish

868 posts

Posted by Bullish > 2021-02-26 17:19 | Report Abuse

Why do u guys it Good ? So quiet

Bullish

868 posts

Posted by Bullish > 2021-02-26 17:47 | Report Abuse

Result bad

Posted by dieheart85 > 2021-02-26 17:59 | Report Abuse

All metal counter get huge profit including YKGI!!

Otto360

58 posts

Posted by Otto360 > 2021-02-26 18:11 | Report Abuse

I am also wondering why the price stagnant not moving higher if the QR is good. Insider normally will buy alot & has pushed the price by now. Something is not right

Otto360

58 posts

Posted by Otto360 > 2021-02-26 18:12 | Report Abuse

Typo close position

Otto360

58 posts

Posted by Otto360 > 2021-02-26 18:13 | Report Abuse

Bullish may be right too

Posted by birkincollector > 2021-02-26 18:16 | Report Abuse

lol -ve.......lucky took profit

SSTT

240 posts

Posted by SSTT > 2021-02-26 18:17 | Report Abuse

Omg... Red qr again... Sien

wmf081

45 posts

Posted by wmf081 > 2021-02-26 18:17 | Report Abuse

ohh no..lol... hesitate earlier to cut lost...tmr perhaps have to do it..

Posted by Newbiexxxxxxxxx > 2021-02-26 18:19 | Report Abuse

Patient guys

Bullish

868 posts

Posted by Bullish > 2021-02-26 18:22 | Report Abuse

If u read the notes, u will notice this :

For the quarter under review, the Group recorded a pre-tax losses of RM0.6 million as compared to a pre-tax profit of RM2.61 million in the previous quarter. The result was impacted due to Reclassification Expenses during the period concern. Without the Reclassification Expenses, the Group would register a pre-tax profit of RM1.32 million. The occurrence of 3rd wave Covid-19 Pandemic in Malaysia and subsequently reimposed of CMCO affected the business operation which resulted in lower turnover and profitability.
15 Prospects
The recent news on the roll-out of vaccine in Malaysia has provided a platform for the recovery of the economy. The recent rise in the prices of the steel products and other commodity items is a possible indication of better business environment in the coming months.

Bullish

868 posts

Posted by Bullish > 2021-02-26 18:23 | Report Abuse

What they are saying that they have confidence business will be better... Monday big buy!

SSTT

240 posts

Posted by SSTT > 2021-02-26 18:23 | Report Abuse

Back to 10 cents

arcadicus

766 posts

Posted by arcadicus > 2021-02-26 18:27 | Report Abuse

wow... drop QOQ...
monday will be RED???

Bullish

868 posts

Posted by Bullish > 2021-02-26 18:37 | Report Abuse

Read the notes

jeremylin

231 posts

Posted by jeremylin > 2021-02-26 18:49 | Report Abuse

Monday 0.3 coming.. Stay tuned

tangen1985

559 posts

Posted by tangen1985 > 2021-02-26 20:05 | Report Abuse

Price will nose dive this Monday. Dont worry....

tangen1985

559 posts

Posted by tangen1985 > 2021-02-26 20:06 | Report Abuse

Sayonara....adios

wmf081

45 posts

Posted by wmf081 > 2021-02-26 20:11 | Report Abuse

ok bye.. whatever makes u happy..

Posted by Newbiexxxxxxxxx > 2021-02-26 20:12 | Report Abuse

I agree, just look at other steel counter

see2sea

2,193 posts

Posted by see2sea > 2021-02-26 20:37 | Report Abuse

Lucky cutloss today

see2sea

2,193 posts

Posted by see2sea > 2021-02-26 20:39 | Report Abuse

Buy hiaptek and engtex better..still below nta

swagger855

1,169 posts

Posted by swagger855 > 2021-02-26 20:57 | Report Abuse

Bought at 235 today. I dont think market is looking for this quarter. I have seen cases where company report losses but nothing happened in the next trading. Yesterday engtex reported 5.5m profit but gap down and drop 7%. The operator is still holding big lots in YKGI, i doubt they will let it drop far. Any drop is just opportunity to collect.

SuperPanda

11,409 posts

Posted by SuperPanda > 2021-02-26 22:53 | Report Abuse

qr result effect has many trend, market will decide ,operation is profit but has other losses this time, still a below expectation result

since the price already pumped by fund, lets see if fund want to support it or not next mon

SuperPanda

11,409 posts

Posted by SuperPanda > 2021-02-26 22:56 | Report Abuse

but one thing for sure, this year will be a good recovery year for steel company since gov apply anti dumping and average selling price for the flatsteel has been rising

its a matter of sales volume to pick up for better rev and profit

swagger855

1,169 posts

Posted by swagger855 > 2021-02-26 23:06 | Report Abuse

They bought very big lots between 0.25-0.3. The last minute drop from 0.32 to 0.26 on that day was low volume drop due to falling KLCI. Their losses will be huge if they dump. Monday show will be interesting.

Otto360

58 posts

Posted by Otto360 > 2021-02-26 23:17 | Report Abuse

Let's hope Monday price stabilize & goes up

mf

27,764 posts

Posted by mf > 2021-02-26 23:19 | Report Abuse

European stocks slip lower, following global market dip on bond yield jitters

Posted by Newbiexxxxxxxxx > 2021-02-27 09:50 | Report Abuse

Road to 0.3

Ezitrade

54 posts

Posted by Ezitrade > 2021-02-27 10:39 | Report Abuse

YKGI 26-Feb-2021 31-Dec-2020 31-Dec-2020 -0.53 0.00 -198.29% 45.35%

road to 0.16

MrsLee

977 posts

Posted by MrsLee > 2021-02-27 10:51 | Report Abuse

It's was as high 41cents before

Posted by Newbiexxxxxxxxx > 2021-02-27 12:55 | Report Abuse

Asteel 100% owned by ykgi..

Chris Kho

93 posts

Posted by Chris Kho > 2021-02-27 21:35 | Report Abuse

Why drop a lot....

MrsLee

977 posts

Posted by MrsLee > 2021-02-28 07:10 | Report Abuse

It's drop too much ...

LossAversion

1,673 posts

Posted by LossAversion > 2021-02-28 07:49 | Report Abuse

back to lousy history... unless someone wants to buy over this company!

SuperPanda

11,409 posts

Posted by SuperPanda > 2021-02-28 15:27 | Report Abuse

i bought at .18 for invest but never thought going to pump and dump couple days later

but dont worry, you still have chance bcoz steel sector overall still hot due to higher selling price, it will continue till mid year at least

and the small profit from operation tells the outlook is still valid however market wise is below expectation

pray tomorrow for fund to pump again, might have surpise price close above 21c after everybody panic sell cut loss early morning

Posted by dieheart85 > 2021-02-28 16:15 | Report Abuse

Comfirm 0.30 above

SuperPanda

11,409 posts

Posted by SuperPanda > 2021-02-28 19:15 | Report Abuse

i guess open price 20c before stay 21-22 once selling done

but its all depends on market, we can only predict

Posted by Sweetchocalates > 2021-03-01 08:55 | Report Abuse

TO - 220

See how operator play. Operator still stuck in ykgi

Posted by Newbiexxxxxxxxx > 2021-03-01 09:04 | Report Abuse

Hopefully support the price

Posted by Sweetchocalates > 2021-03-01 09:51 | Report Abuse

Those cutloss will regret...

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