be careful steel counters going to crash after construction counters

I bought HY at 750 thought it was low, yesterday cut loss- loss 200K painful- strategy no good

@hollandking, alamak, OTB always priest UBS, unless he himself don't follow. Hengyuan already deep down the drain. HY already down trend stock, breakdown chart and cross below 200SMA. Cut loss now lagi teruk lo. Wait for next cycle. lagi lama lama 3-5 years

Construction stock- already crash (mini)
GLC-crash
Steel counters - crash coming

2018 takut takut loo

@KLCI King, if you follow OTB recommendation, all counters will be cut-loss and wounded. No one can make money with this market. Unless you change your strategy of buy low and keep for long long time may be 3-5 years.

sentiment no good, it will slowly go down

one reporter already ask bandar malaysia to Tun M, they will review. woh!

market still very jittery, don't know what projects Tun M going to cancel, many rubbishes by the previous gomen. Another week is one month of new gomen in the admin. working very very hard.
I believe after two months, a lot things will be clearer by then.

Foreign fund exit bursa everyday, this foreigners cakap tak serupa bikin. Everyday shout transparencies, accountability to cheat the local and the gomen. When the local gomen do it. They cabut fa far away. Next time when they said transparencies/accountability, you can give them middle figure F***K them kaw kaw. Cakap saja tapi tin kosong. Some even give bad comment LGE no experience by releasing country dept of 1 T. WTF*** so LGE has to keep all those rubbishes under the Capet for tranparancies and accountability.

I still believe Bursa will boom in near future, so stay invested, may be next one or two month. cheers

lau sai cannot stop liao better chao

construction counters battered down, now steel counters

all construction counters crashing down, now spill over to other counters as well

many government going to be canceled

many government projects going to be canceled

Should punish the Chinaman kau kaw

HY still over value sell at 6.25

EPS=1.2 PEx5=6 discount 30% price should be 4,2

@moneypedia, yea short2 is a good term

The best is not Annjoo, the best still avoid the market totally. Sentiment very bad

Even though we know there will be a bull run in near future, temporary avoid the market

kau peh kau bo just run

need a long time to recover, better sell

all you can do is hide in the cave

italy hand government, may be over taken by gruop who want to bring italy out from EU like brexit

maybank record 10% profit 1.87 billions, but share down by more than 2%, sentiment very very bad

look like petron is better bet

selling pressure

market sentiment very bad, foreign fund almost exhausted all the holding from market

For april and may rebar price increase by RM50/ton good news

Masteel does not export its product, its import 90% of raw material which is in USD, scrap iron is imported, spare parts, consumables like electrode, steel rolled, refractories, are all imported. Currently with the stronger RM and the anti dumping tax, all steel counters will benefited regardless world steel price fluctuation or drop.

the funniest forum here, investors wanting share prices to go down, funny funny funny

Forex gain is not one off gain, is a profit because of lower material cost from importation.
The result is fantastic. TP 1.6 achievable.

sentiment not good yet

but my figure tally

crack spread is improving for the last two week, but future CR still no indication of improvement

You trust Najib or LGE as finance minister, very simple logic. Don't confuse. Foreign fund will return very soon. Buy now or regret later

Tun M already said will subsidize petro and diesel, price unchanged now

Ha ha Dragon interesting. guess-timate QR-50sen EPS 1.8 share price target 10.8

buy now for next QR

@Ooi teik Bee, if use your technical approach, you will not recommend a buy call. Crack spread is only one part of the refinery business no doubt it is importance parameter. This QR we have surprises but if you compare with Petron of the same industry. Both produce lower than expected result.
Looking forward, The petro and diesel prices will be fixed and with the subsidy from Govern. HY QR will be improved

The refinery business is highly capital intensive and very long term business. The business require consistency. Any politically interruption, supply and demand interruption will cost dearly to the business.
The delay in HY projects is understandable and smart decision to delay the projects in view of general election. Now it is every thing is clear.

so ka, i3, is irresponsible,

@3iii, you had been negative all the while here.so what decision you made ?

now HY already at bottom

Sslee,

Thank you very much for all the effort, very kind of you to share

Sslee,

Comment from Chairman very good indeed, good business sense, with this words I fully confidence under his leadership, HY will be better and better.


I agreed fully with Chairman Mr. Wong Youde explanation as major shareholder he too love to pay himself good dividend but as responsible major shareholder who run the business, he know best at current stage cash is needed for CAPEX commitment for further plant capacity, efficiency improvement and meeting the regulatory requirement

last year 2nd QR they also produce 80+ mils result, I also bought at 7+. why worry, really cannot understand. Some even talk like the whole sky is dropping down. my goodness.

profit anything above 17mils will give a good boost to the price

This is not an export counter, 90% of raw mat imported

700 mils projects Euro4 and atlas11 to upgrade quality. This show HY here in Malaysia to invest and growth. New PH government will support them. No worry at all

any update? anyone?

share buy back at 6