But there is not mentioned in the latest quarter report and annual report. either it is not materialised or the management not transparent. either one also no good. please enlighten me if i miss out something
previously there is one research house promote Annjoo, and said the graphite electrode increase is not good for other long bar manufacturer which use electrical arc furnace like masteel, southern n lion ind, but never tell you the graphite just consist of 3% of overall cost
steel bar price increase is good for upstream manufacturer like CSCsteel, is bad for mid stream like astino, just like in aluminium, price up good for PMetal, worst for LBAlum
last but not least, k2y involved, better be careful,as frend said if you buy his counter, you r DANCING WITH WOLF!!!
REMEMBER he is not oblige to tell you when he start sell
of course i know csc never produce steel bar, lol but astino have to buy steel product from csc to roll out metal deck, pity those who buy without knowing his invested share is at which position in the industry just like not all o&g same, some is explore,some refining, some support service, some shipping.....
erkongseng, are you trying to tell people you bought Hengyuan (shell) and kesm before this? But please tell people about your selling price. I guess you sold Hengyuan at rm6 (now rm13.2) and kesm at rm4 (now rm19.2). Your trade records like this also dare to promote stock?
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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....
ozzie75
8,772 posts
Posted by ozzie75 > 2018-02-01 20:41 | Report Abuse
血汗钱人人都认真。哈哈