Posted by Creativeteam > 2020-12-03 11:08 | Report Abuse

25% price increase in rebar will mean higher margin in next QR

Posted by IvanC > 2020-12-03 11:26 | Report Abuse

buy buy buy

Posted by PARKER > 2020-12-03 14:41 | Report Abuse

lsteel RM1 very soon.... get in before too late

Posted by loneranger3211 > 2020-12-03 15:39 | Report Abuse

It seems they have good performance for 2nd half. should be able to lift up the share price. RM1.10 targeted price.

Posted by Jay2020 > 2020-12-03 16:41 | Report Abuse

Seem like something is brewing ...hold tight !!

Posted by SuperWisdom > 2020-12-03 18:45 | Report Abuse

Moved here.

Posted by Creativeteam > 2020-12-03 19:26 | Report Abuse

Could the volume done 2day is at all time high

Posted by xiulong > 2020-12-03 22:06 | Report Abuse

all in?hmm...

Posted by Taeyeon09 > 2020-12-03 22:56 | Report Abuse

Anyone know masteel? Can invest now?

Posted by Yippy68 > 2020-12-04 04:11 | Report Abuse

steel price up every day.

Posted by loneranger3211 > 2020-12-04 09:24 | Report Abuse

habis! all the way down.

Posted by Jay2020 > 2020-12-04 09:29 | Report Abuse

Profit taking since up from 0.50 ...

Posted by loneranger3211 > 2020-12-04 09:34 | Report Abuse

have to hold on for a while....

Posted by loneranger3211 > 2020-12-04 09:35 | Report Abuse

buy in additional lots

Posted by Jay2020 > 2020-12-04 10:14 | Report Abuse

Continue to enjoy the show ...

Posted by Jay2020 > 2020-12-04 10:33 | Report Abuse

Let’s wait & see ... good luck !!

Posted by Newrabbit > 2020-12-04 12:33 | Report Abuse

i average down, lets see

Posted by Jay2020 > 2020-12-04 14:38 | Report Abuse

2nd wave may go higher ??!

Posted by Jay2020 > 2020-12-04 14:58 | Report Abuse

Hold

Posted by bali > 2020-12-05 10:59 | Report Abuse

工業金屬，倫敦交易所（LME）鋁價從5月15日的每公噸1452美元勁揚39.67%，至每公噸2028美元。上海交易所鋼筋價格從4月3日的每公噸3065人民幣升高27%，至每公噸3881人民幣。

Posted by bali > 2020-12-05 11:02 | Report Abuse

中国是钢铁消费大国，多余的产量就出口。现在内需强了，出口减少，价钱上升，本地的钢铁厂就没那么压力，少了竞争所以价钱也跟着上。

Posted by bali > 2020-12-05 11:05 | Report Abuse

新浪财经12月4日，截至记者发稿，铁矿石期货主力合约延续上涨趋势，报959元/吨，涨幅2.84%。盘中最高上攻至964.5元/吨，创2013年11月以来新高。

业内普遍认为，当前铁矿石价格仍存在一定支撑，但涨势难以延续到中长期。

Posted by bali > 2020-12-05 11:11 | Report Abuse

末季靠中國吃糊
The Busy Weekly

國際鋼筋價格因中國需求而大起，對售賣鋼筋的4家鋼鐵公司有利，即安裕資源（ANNJOO， 6556，主板工業股）、馬鋼鐵廠（MASTEEL ， 5098，主板工業股）、榮達鋼鐵（LSTEEL， 9881，主板工業股）和南達鋼鐵（SSTEEL，5665，主板工業股）。

檢閱鋼鐵股的第3季業績，安裕資源和南達鋼鐵均按年收窄淨虧損，榮達鋼鐵轉虧為盈。而馬鋼鐵廠的淨利則按年下跌。

由于受到疫情和限行令的衝擊，大馬的建築活動放緩，承包商對鋼筋的需求因而疲弱。鋼鐵公司如今只能靠出口銷售彌補損失。

中國今年初抑制疫情之后重啟經濟，並撥出巨額的基建開支，進而提高鋼筋需求。上海交易所鋼筋價格如

今逼近每公噸4000人民幣。

中國鋼筋需求相信可持續支撐鋼鐵股的末季業績，安裕資源指出，中

國已經連續4個月（6月至9月）成為

鋼材的淨進口國。

另外，鋼鐵股在原料成本風險受控，即使鐵礦石和廢鐵價格上漲，但焦煤價格下滑，可以抵消部份衝擊。

Posted by Jay2020 > 2020-12-06 13:13 | Report Abuse

Uptrend as global demand on steel surge , gogogo !

Posted by Jay2020 > 2020-12-06 13:16 | Report Abuse

My TP1 0.60 ( hit ) TP2 0.75 & TP3 0.90 , good luck !!

Posted by Jay2020 > 2020-12-07 09:43 | Report Abuse

Once break 0.75 , may move higher ....

Posted by hng33 > 2020-12-08 12:03 | Report Abuse

bought leader steel at 65-66.5sen

Posted by Jay2020 > 2020-12-08 12:20 | Report Abuse

Let’s break my TP0.75 , then ....flyyy

Posted by khatulistiwa1234 > 2020-12-08 13:32 | Report Abuse

Will rise above 1.20 this week end .

Posted by Toms77 > 2020-12-08 19:04 | Report Abuse

Tomorrow should start to rise back today is T3

Posted by IvanC > 2020-12-09 10:29 | Report Abuse

uncle Toms77 is god of steel stock. lol

Posted by Jay2020 > 2020-12-09 10:40 | Report Abuse

break 0.75 ...gogogo

Posted by tkl88 > 2020-12-09 10:43 |

Post removed.Why?

Posted by Toms77 > 2020-12-09 10:48 | Report Abuse

Am not God but we do pray for blessing. Just follow trend.

Posted by Superb99 > 2020-12-09 12:00 | Report Abuse

Half day hero

Posted by SuperWisdom > 2020-12-09 14:30 | Report Abuse

Sold.

Posted by Jay2020 > 2020-12-09 17:35 | Report Abuse

High volume today ...hold !!

Posted by Sesuke > 2020-12-09 17:43 | Report Abuse

sold all at 0.755...
Tonight brings friend kfc.
Tnx fellow

Posted by Superb99 > 2020-12-09 18:20 | Report Abuse

Just realised this counter was recommended by WC, no wonder up and down so much within a day

Posted by apamcool > 2020-12-09 18:31 | Report Abuse

WC recommend? Oh noo. A sign that it's going down for a while. He is trying to get out

Posted by Jay2020 > 2020-12-09 23:18 | Report Abuse

Good article from Jerret : “榮达钢铁 LSTEEL9881 之风云再起”

Posted by Jay2020 > 2020-12-09 23:20 | Report Abuse

Continue to accumulate while price low as steel is my focus now...gogogo

Posted by Energiser > 2020-12-10 04:44 | Report Abuse

Just realized Lsteel is in the iron ore business. Go look at iron ore prices lately...it is at a 7 years high! Coupled with the all time high steel prices...imagine the profits for coming quarter. This will be the next multi bagger stock in 2021!

Posted by Jay2020 > 2020-12-10 08:42 | Report Abuse

Buy the value of the share , gogogo for long run ...

Posted by Creativeteam > 2020-12-10 10:40 | Report Abuse

How much iron ore contributes to profit

Posted by Energiser > 2020-12-10 11:45 | Report Abuse

From the quarterly report, iron ore (minerals division) contributed RM 960k out of the total profit of RM 2.5mil. The remainder of the balance are contributed by the steel division.

Posted by Creativeteam > 2020-12-10 13:11 | Report Abuse

Tq. Quite significant profit contribution from iron ore.
If iron ore rev rm10mill x 25% price increase then profit increase would be significant

Posted by terence775 > 2020-12-10 17:27 | Report Abuse

Energiser, are you sure it's iron ore or manganese ore? Very different price trend for both.

Posted by Superb99 > 2020-12-10 19:18 | Report Abuse

Steel counters like taking a nap

Posted by terence775 > 2020-12-10 22:09 | Report Abuse

Wah bro.. most steel counters just gained around 20-30% in slightly over a week, need to rest a while leh