May I know is the RM141million is the last amount written off? Or they are still some amount to be write off in next quarter?

OTB earn RM196k for 3 months from a single customer,no bad.
Many Fund manager at bank only taking salary around RM20-30k per month.

what happen if kyy find out that otb use his fund to push up choo bee?

For me, Southern Steel is the best. After the company write off all the investment on the new machinery, the company is clean now. Next quarter profit at least 9 sen.
Very soon it share price will go up to RM1.60

SYCAL 就像只青蛙，把自己藏在干旱的泥土里，等待雨季的到来。

i think OTB n KYY no longer good relationship

Good sharing. Thumb up!!

Target Price:-
1) ANNJOO - RM2.80
2) CSCSTEEL - RM2.50
3) SSTEEL - RM1.80
4) MYCRON - RM1.10
5) MASTEEL - RM1.00
6) PRESTAR - RM0.90

try to imagine if next quarter SSTEEL post a result of EPS 9.0 sen, how high the share will fly?
RM1.80-1.90? hahahah

TP0.85

Sycal not a steel stock, but something brewing.
Something big and excited going to announce.

Southern Steel, this counter has very minimum floating share.
Give it 1-2 months, it will be same level as CSCSTEL

Very well said, money sifu. It took me 15 years in stock market to understand this theory.

Buy Prestar better, it will shoot up very fast.

So many 2-3 liner for steel, not worth to buy this.

I smell something good in southern

ilovehits, who is country top remiser? OTB? hahaha

REVENUE PBT PAT EPS NTA
2016-12-31 2016-06-30 153,035 8,597 6,498 5,172 2.95 1.2700
2016-12-31 2016-03-31 144,970 5,192 4,119 3,151 1.80 1.2400
2015-12-31 2015-12-31 150,816 7,948 6,501 5,971 3.41 1.2300

Slow n steady

Will TTB invest in steel company this round?

this black horse is coming...

MASTEEL, PRESTAR and MYCRON are now all same price level,
RM0.72-RM0.74.

If we compare PRESTAR and CSCSTEEL quarterly result, you will see a common point:-

Quarter 1: Both PRESTAR & CSCSTEEL profit high
Quarter 2: Both PRESTAR & CSCSTEEL profit low
Quarter 3: Both PRESTAR & CSCSTEEL profit high

So if next quarter CSCSTEEL will have record profit, so do PRESTAR.

Today is MYCRON and PRESTAR show again.

Seem like I am the only one buying Prestar

trust me, now the trend is prestar

Afternoon is Prestar show

switch to PRESTAR, a highway dragon, with WCE and SUKE and DUKE 3 project on going for next few years.

CSCSTEEL is the best steel stock. But now the trend is ppl switch to small cap steel counter, like MYCRON, PRESTAR, YKGI.
I support PRESTAR, as its forward PE only 5-6 times, and got dividend payout every year.

next 45 degree stock is PRESTAR.

It time to switch to PRESTAR, a good steel company with forward PE 5-6 times only.
Good dividend yield, and never incurred loss for past 10 years.

Bonescythe wrote a good cover on PRESTAR before, he said PRESTAR will be benefited from those highway project such as WCE, SUKE, DUKE....etc.

http://bonescythe.blogspot.my/search/label/Prestar

This GEM will be the next Mycron.
EPS for this quarter is 2.95, forward PE is only 5 times.
One point better than Mycron, this company pay dividend every year, and this company never incurred loss for the past 10 years.
It always maintain profitability, no matter how bad the economy.

Start from 1st Sep 2016 onward, Digistar will start to have the recurring income of RM3million ++ per month

Total 3 quarter profit is already 2.76 sen. With the current price of RM0.165, it translate into PE Ratio 6 times only.

DIGISTA profit increase continuously for 3 quarter.
Q1 - EPS 0.49
Q2 - EPS 0.89
Q3 - EPS 1.38

毅成建筑（Ireka Corporation Bhd）计划在未来18个月推动数个建筑价值高达7亿令吉的内部项目，同时看好房市已在逐步恢复元气，预期可在2017财政年扭转亏损局面。
该公司董事经理赖文翰指出，看好中端房产市场的需求，因此将在明年首季推出首个位在汝来的DWI @ Rimbun KASIA房产项目，目前则积极筹备加影的首个工业区项目ASTA企业园。
“ASTA企业园发展总值约达2亿6000万令吉，首期发展总值为1800万令吉，本月初预期将推出18个多用途工业单位，现在已有45％单位在预览时被定下。”
提及DWI @ Rimbun KASIA房产项目，他透露，这项目首期发展总值为1亿4000万令吉，总发展价值约达10亿令吉，将耗时5年逐步发展整个项目。
建筑业务将是毅成建筑在2017年财政年主要盈利贡献来源，该公司副董事经理赖玟妃补充，目前握有10亿令吉建筑合约订单，足够忙碌18个月，仍积极竞标政府和私人界相关工程，包括捷运和高楼建筑项目。

it is true, based on my own tracking, he start accumulate CHinwell from RM1.80++ all the way to RM2.20++ last year. But I'm not sure whether he has dispose it or not, because the share price drop significantly from Rm2.30 to RM1.40, I guess he is the one who dispose it, because only him got such volume.

Hi Icon8888, regarding the JV Project with Lembaga Getah Malaysia at Jalan Ampang, is that project similar with the JV Project between Lembaga Getah and Global Oreintal Berhad (GOB)?

Because I remember that GOB has the same JV project announced before, but no update since that.

However, if i compare Superlon with Chinwell, I think Chinwell is better, being reason:-
1) Chinwell pay higher dividend;
2) Chinwell has higher cash on hand;
3) Chinwell EPS better;
4) Chinwell PE is lower, it has greater potential to growth.

The above is my personal view only, discussion are welcome.

I feel like I want to take care of her

tomorrow down to 32 sen

IREKA see RM200 million from Aseana Properties.

Let it break RM0.70, then can buy back again.

Yup, buy before too late.
Anytime it will suspend, and announce privatisation by the boss @ 70 sen per share.

Aiya, everybody know la, how his obtain his degree.

For me, I think the 1MDB Jho Low is the best, he really learn all the financial skill, fully utilise his network, to achieve what he want. Unlike this Robin, born in a wealthy family, but donno how to grow his father business.

Maybe history will repeat...
I learned from many great investor, they told me property price will never go back to 10 years ago - 15 years ago price, but share price will.

So you need to wait for the opportunity.

I remember when I first invest in share market, around year 2001-2002, that time BJCORP is only 15 sen++

just like compare Alliance Bank with Public Bank, u can see Alliance Bank have lower PE, lower BV to Price to ratio, but we still buy public bank, because of the management.

MYCRON is good, but MYCRON management is lousy, not reliable.