ASTEEL GROUP BERHAD

KLSE (MYR): ASTEEL (7020)

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Last Price

0.095

Today's Change

+0.005 (5.56%)

Day's Change

0.095 - 0.095

Trading Volume

10,400


2 people like this.

1,428 comment(s). Last comment by UnicornP 2 weeks ago

hisehatu

2,250 posts

Posted by hisehatu > 2017-04-17 23:02 | Report Abuse

Shit! Dapat surat saman.

Posted by Syakib Arsalan > 2017-04-19 12:14 | Report Abuse

No problem, will flyyy soon

Posted by Syakib Arsalan > 2017-04-20 14:16 | Report Abuse

Sarawak’s LRT to be ready by 2020, says CM. YKGI is related?

Posted by kelvinchan > 2017-04-20 14:53 | Report Abuse

So silentttt

B4b4

7,586 posts

Posted by B4b4 > 2017-04-20 17:34 | Report Abuse

Very very silent, but when it starts to move up , very difficult to chase. Better buy and keep and wait. Should hit 28s soon

hisehatu

2,250 posts

Posted by hisehatu > 2017-04-20 21:44 | Report Abuse

YKGI sakit gigi.

Posted by Tony_Liew2 > 2017-04-20 21:48 | Report Abuse

this stock price can be doubled easily someday!

pineapple123

2,472 posts

Posted by pineapple123 > 2017-04-20 22:39 | Report Abuse

accumulation phase maybe

hisehatu

2,250 posts

Posted by hisehatu > 2017-04-20 23:17 | Report Abuse

Yes someday something in next year.

azta12

5,594 posts

Posted by azta12 > 2017-04-21 10:03 | Report Abuse

kutip .

B4b4

7,586 posts

Posted by B4b4 > 2017-04-21 16:12 | Report Abuse

Very few ppl throwing ard. Anytime moving up from today onwards

hisehatu

2,250 posts

Posted by hisehatu > 2017-04-21 21:05 | Report Abuse

Annual report sudah kluar

B4b4

7,586 posts

Posted by B4b4 > 2017-04-22 14:30 | Report Abuse

Ykgi has positive net cash flow from the operating activities as stated in the most recent Annual report FY 2016. Hope Ykgi will start to move uptrend soon.

pineapple123

2,472 posts

Posted by pineapple123 > 2017-04-23 07:09 | Report Abuse

Conclusion from the matter arising of the MODIFIED OPINION/ MATTER DATED 21 APR 2017

In relation to the above, the Board wishes to advise on the following:-
(i) The Independent Auditors have expressed unqualified opinion on the FS2016
and that their opinion is not modified in respect of the Statement on that matter;
(ii) YKGI has already started the process of addressing the net current liabilities
through asset disposal which was completed in early February 2017 and
implementation of business turnaround plan. In 2016, YKGI Group registered
an improvement of its profitability with an operating profit of RM2.09 million
compared to an operating loss of RM19.82 million in 2015; and
(iii) YKGI Group is continuously improving its production efficiency with the view of
achieving better production yield and lower production cost. To achieve that,
the Group is doing realignment of product mix, production scheduling and staff
redeployment exercise.

pineapple123

2,472 posts

Posted by pineapple123 > 2017-04-23 07:11 | Report Abuse

there shall be turnaround on YKGI should the actions taken coincide with the promised improvement in the revenue and production efficiency including employment stated issues.

mh87

3,966 posts

Posted by mh87 > 2017-04-23 09:55 | Report Abuse

Looks good..

B4b4

7,586 posts

Posted by B4b4 > 2017-04-25 17:37 | Report Abuse

Steel demand is excellent

pineapple123

2,472 posts

Posted by pineapple123 > 2017-04-25 19:43 | Report Abuse

One Road , One Belt should open more roads to steel in manufactures and constructions.

Posted by timeinvestor > 2017-04-27 14:41 | Report Abuse

TEMBAK DIA!!

pineapple123

2,472 posts

Posted by pineapple123 > 2017-04-27 21:54 | Report Abuse

eat ykgi! coming to papa lol

azta12

5,594 posts

Posted by azta12 > 2017-05-03 10:01 | Report Abuse

kutip and hold.

azta12

5,594 posts

Posted by azta12 > 2017-05-03 10:06 | Report Abuse

kayuh..

Junx Leow

524 posts

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

today can reach 0.27 ?

Junx Leow

524 posts

Posted by Junx Leow > 2017-05-03 10:10 | Report Abuse

shorten period will shot to 0.3 and proceed higher

Posted by Koh Sien Fook > 2017-05-05 22:54 | Report Abuse

AJIYA大股东Chan Wah Kiang, 也有YKGI股票。可在YKGI AR2016 看到。

sr8787

98 posts

Posted by sr8787 > 2017-05-09 12:57 | Report Abuse

will price go up to 0.28 in near future??

sr8787

98 posts

Posted by sr8787 > 2017-05-09 16:08 | Report Abuse

kutip

Posted by StrattonOakmont > 2017-05-09 16:48 | Report Abuse

almost time...

swchin22

42 posts

Posted by swchin22 > 2017-05-09 21:23 | Report Abuse

Better buy and hold, engine will start soon.....

pineapple123

2,472 posts

Posted by pineapple123 > 2017-05-10 00:42 | Report Abuse

coming...

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-10 01:17 | Report Abuse

should study this properly....possible turnaround story.

noah

408 posts

Posted by noah > 2017-05-10 11:35 | Report Abuse

come on..
turnaround?
RM81k profit for 1 qtr.
Less than RM30k per month.

total liabilities exceeds current assets and auditors had expressed their concern over this.

although we can see the management's effort in bringing down the total liabilities over the years, and the cash flow is good, but its still too early to say this is a turnaround.

yes, probably in 3-5 years.

Icon8888

18,658 posts

Posted by Icon8888 > 2017-05-10 13:18 | Report Abuse

Leoting I am your big fan

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-05-10 13:39 | Report Abuse

icon

YKG would be a good and cheap share.

Iron ore peaked in Feb,
Megasteel no more


this one has not participated in rally yet.

noah....turnaround play...the earlier the more profitable......hahahaha

VenFx

14,784 posts

Posted by VenFx > 2017-05-10 13:48 | Report Abuse

Leoting,
as G.i. corrugated zinc sheet has been YKGI's major products folio... its not easy to evolving from there existing customer base.

they having great competetion from W.Malaysia manufacturers .
G.i. Fence and Gabion is their effort to add spice to their products mix .

Up_down

4,320 posts

Posted by Up_down > 2017-05-10 13:50 | Report Abuse

YKGI just changed the reporting format for Statements of Profit and Loss starter 2017. It is more difficult to compare with QR reported previously. Transparency is getting lower. Sigh.

pineapple123

2,472 posts

Posted by pineapple123 > 2017-05-10 21:03 | Report Abuse

do u noticed the collection pattern? slow slow but huge.... few days interval before quiet and surge again

swchin22

42 posts

Posted by swchin22 > 2017-05-10 22:46 | Report Abuse

Coming soon..

Posted by yap_wenwei > 2017-05-11 17:36 | Report Abuse

good counter

tikitaka

145 posts

Posted by tikitaka > 2017-05-15 14:17 | Report Abuse

sapu

sr8787

98 posts

Posted by sr8787 > 2017-05-15 15:35 | Report Abuse

bila mau naik?/sudah tidur lama ni,,,

tikitaka

145 posts

Posted by tikitaka > 2017-05-15 15:47 | Report Abuse

last call

swchin22

42 posts

Posted by swchin22 > 2017-05-15 21:03 | Report Abuse

Akan datang, be patient....hold tight...

swchin22

42 posts

Posted by swchin22 > 2017-05-16 13:57 | Report Abuse

Will up slowly and stable ... hold tight....coming soon....

azta12

5,594 posts

Posted by azta12 > 2017-05-16 15:48 | Report Abuse

kutip and kayuh,

Posted by shunfeng2032 > 2017-05-16 19:32 | Report Abuse

someone desparately want to sell his shares away.

Yipi

1,239 posts

Posted by Yipi > 2017-05-17 16:03 | Report Abuse

put some bullet here. eventhough is high risk

omega7055

12 posts

Posted by omega7055 > 2017-05-18 10:22 | Report Abuse

flying soon

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