HSR project will not be cancelled, LGE will do the same to reduce project cost and project will be running again

qq3 & OTB, no point argue, i believe more good news coming with the new cabinet, more affordable houses, housing loan will be relax as quoted by Azmin, China steel production will be reduced and world rebar price will be increase.

Steel counters especially rebar producer will be benefited

all the good news coming together, gkent, mrcb limit up, more project going to be approved wow

all the good news coming

follow you guys, buy

wow break 6.00

Most of the time, bottom fishing is not going to work. Value investors at this juncture suffering as the fear sentiment over taken technical and fundamental analysis.

The seasoned players like OTB, TYyap made a big blunder in steel counters by looking at the fundamental and they forgot when to stay out of market just like a gambler never stop gamble till he loss his last dollar. Well, they can easily giving an excuse of "i only recommend, buy at your own risk" nobody pointing gun at your head to buy"

This statement is very irresponsible, i believe.

with the coming extreme low quarter result, price will drop below 6

China will ban all American products, American forget China is a communist party, they can survive on salt and pepper. Is time American will vote Trumpet out. China communist party don't have to worry about election, Trump does.

Trump threaten trade war with China of 500 billions Chinese import
Electrical tariff increase impacted all steel mills
Many construction project cancelled by new government
Lionind has to take the megasteel burden, steel plate hot roll or cold roll without any tariff to compete with China import with a highly competitive business. Mega steel is unlikely to survive as mentioned by Tan Sri William, he will not invest a single cent if there is no tariff from the govern.
This is the style of irresponsible crook, cunning and shrug

Better run

China is closing down their steel mills, so it is a good timing to start megasteel

The effort of Lionind management is very simple, to start back the megasteel operation by paying minimum to tenaga for electric supply and acquire the asset.
Meaning megasteel already viable and justify in cost to start back operation against the higher cost of China import, otherwise they should just leave it as it is. I give it as a good news for lionind.

Lionind is making 20 millions a month. megasteel 537 millions asset depreciation for 10 years is 4.475 millions a month. lionind capable of acquiring this asset and i believe PH government will help local industries to have tariff protection against China import.

looking at the trend, pakatan government will give tariff to megasteel so that it can operate again, smart move by william.

Pakatan government will give tariff to megasteel just like Trump administration protecting America industries. very simple, collect cheap while people panic selling

Housing ministry, BNM to ease housing loan requirements, hold lionind, you will be rewarded handsomely

https://www.klsescreener.com/v2/news/view/399849/housing-ministry-bnm-to-ease-housing-loan-requirements

housing ministry, BNM to ease housing loan requirement, hold masteel till next will be rewarded handsomely

When market crash, panic selling, this is what happen. If you look at it as disastrous, it is a disaster. But if you look at it as opportunity, it is an opportunity.

@for information, local steel mills don't compete each other in term of price, is some how cartel. When they export, they export at an export price if they have excess capacity. Export is not the choice, only local demand is weak.
All steel mills mitigate the sale order these way. so when the local demand drop, export is the back up.

Analyst think local construction steel will drop 20% and all rebar manufacturers sale will drop by 20%. That why we have the opportunity to buy at low price.
29/06/2018 17:17

@for information, local steel mills don't compete each other in term of price, is some how cartel. When they export, they export at an export price if they have excess capacity. Export is not the choice, only local demand is weak.
All steel mills mitigate the sale order these way. so when the local demand drop, export is the back up.

Analyst think local construction steel will drop 20% and all rebar manufacturers sale will drop by 20%. That why we have the opportunity to buy at low price.
29/06/2018 17:17

@for information, local steel mills don't compete each other in term of price, is some how cartel. When they export, they export at an export price if they have excess capacity. Export is not the choice, only local demand is weak.
All steel mills mitigate the sale order these way. so when the local demand drop, export is the back up.

Analyst think local construction steel will drop 20% and all rebar manufacturers sale will drop by 20%. That why we have the opportunity to buy at low price.

crack spread at it lowest, HY going for maintenance shut down, stingy HY will not pay dividend, next QR will be negative. better run, switch to other good counters

Last year, KYY wanted to buy masteel, but he wanted to buy at very very very low price so he wrote the above report to trigger panic selling but it didn't happen because OTB @#$%^&*(
Believe it or not up to you.

KYY said to KC "comes polish my shoe, I give u 1 millions rupee"
KC replied " Oh brother, no need I do for free "
KYY said " very kind of you, but you cannot do for free, I give you one tip, go buy eversendai "
KC " Oh my thousand thank you boss, i will be rich by just polish shoe, next lesson, the effective ways of shoe polish "

Lesson learned/

he need more retail investors to buy up sendai so that he can free out his money. be careful

Investing is like choosing a gf, you want her to be pretty, slim, tall, big spot light, intelligence and rich but yet you dare not put up your 1st step to conquer her. You end up the second liners because the second liners give you what you want. ha ha ha

cheers for the holiday

next QR bad, super investor will dump HY jittery jittery

now many counters with PE less than 3 run

now many counters PE less than 2, up to you to pick he he he

next two QR will not be good, run

Tun M will not let usd=4, with the cheap money from Japan, Ringgit will strengthen to 3.8 or lower. HSR and MRT3 will be re-tender again for Japan like project in Indonesia.

foreign fund exit everyday, jittery jittery gloomy another storm coming kiank kiank

I guess Tun M will not let RM=4 /USD, I predict it will strengthen to 3.8. Steel counters will do very well with this as they import 90% of the raw mat

@Icon8888 Thank you for your article

invest in bear and harvest with bull. Choose the counters intelligently and you will be rewarded handsomely.

Currently internet/technology counters gone crazy in Taiwan market. Any one can share what technology counter in Malaysia to be in the watch list? myeg?

foreign fund exit everyday, very very jittery

sell first

@Young Lady,

Very good of you to get a piece of advice from the very experience guru. However I am totally disagree to advise you to go into equity market with your hard earn money. The risk is simply not for you to bear.

Why I say this?

90% of retail investors in the market is loosing money. Why ? and do you think you have the chance to profit from it? you probably start with elementary, intermediate and advance. When come to investment, no one is telling you are elementary, intermediate or advance. You learn through and make mistake, hopefully not expensive one.

Not even invest in the bank trust fund with very high commission (3%) from any Malaysian banks. My father invest in trust fund 20 years ago when he past away 5 years ago. We found out only tiny some of money left. Can you imaging 200K invested 20 years ago and today you get the same amount 200K. How painful it is ?

For information, my father was a hard working very good businessman but stingy and calculative person yet when come to investment = zero, during the old days the general knowledge was very primitive and most of the banks was cheating on the cash rich primitive businesses. My father probably thought the bank will never cheat him. Yes, the bank never cheat him, only to return the same amount after 20 years invested and he don't even know about it!!!

I was lucky to invested in HSBC in 1986 through an old badminton kaki (Telekom Engineer) when I first graduated with a borrowing 4K from my dad. With dividend and today worth more than 30X after 30 years.

So if you are looking for a long haul investment, HSBC is a good example. They had gone through 1986, 1998 and 2009 recession and survive.

If you are looking for a >30% annual return like most of guru priest, you would probably end up with irreversible damage to your hard earn money.

will come back below 0.8

Trump is a super lan xi and super kua lan American businessman, he don't behave like a president. He twist and turn to get his way out.

steel price surge higher

https://www.thestar.com.my/business/business-news/2018/06/08/steel-surges-to-threemonth-high/

bo chao si

@Ooi Teik Bee, you are a good guy, you don't have to say sorry. Happy investing cheers!!!

Lionind, go go go

Use energy to post and attack will not make anyone more intelligent. In share market, anyone will win and loose money. Nothing to shout about.

Lionind just started trending , buy buy buy

Please post constructive comment, not personal attack.

long term very good

one day rebound

wow bad news again

us impose steel 25%tariff to maxico, canada, eu. trade war liao. trumpet cakap tak boleh pakai. twist and turn. turn and twist.

US hit canada, eu, mexico with 25%tariff on steel trade war liao. crazy trumpet