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2016-12-08 16:38 | Report Abuse
Gadang share price is still falling. Very bad sentiment on this counter due to reported decline profit plus general bearing sentiment to worsen the fall. Support may come later at a lower price.
2016-12-08 16:02 | Report Abuse
Just ask yourself if TGuan mother share price is RM5/- what will be the price for its warrant?
RM3.50 should be the base as it requires on RM1.50 to convert into mother share. I believe it should be around RM3.65-3.85 by March 2017
2016-12-06 12:40 | Report Abuse
Mitrajaya share price has been dropping even prior to 3 QR and it is still dropping very gradually on daily basis, even though share buying back by company and ESOS by selected staff. Something is not right as many fund managers are predicting Trading Price in the region of RM1.60-1.80. Anyone that can enlighten us for the reason continued price negative movements?
2016-12-02 09:48 | Report Abuse
My dear imoogi99, may I allow to comment on your posting dated 2nd Dec 2016. You said that revenue has dropped about 27 millions in 3QR is true.(from 775 to 748 millions) However, inventory has actually dropped as at 30th September, 2016 to 188 mil from 213 mil as at 31/12/15. Additionally you also said that cash at bank and in hand has reduced by RM60 mil. This is not true. Actually, the cash at bank and in hand as at 30th Sept 2016 has increased to RM266 mil from RM 231 mil as at 31/12/16, even though CSC bought investment property at RM42.5 mil as at 30th Sept 2016. Revenue for the whole year ending 31/12/2016 may surpass previous year or even slightly below. The bottom line is vital. Revenue alone may not be that important as the input for finished product has dropped and therefore margin has increased drastically. You may check those figures in Bursa Malaysia official website. Thank you
2016-12-01 16:20 | Report Abuse
TGuan coming 4QR will be very good if the exchange rate remains at RM4.40-RM4.50 range. Not only sales are improving and efficiency enhanced, but also favourable exchange rate will spike up profit. Buy before share price is going north. Yes buy or sell at your own risks.
2016-12-01 14:45 | Report Abuse
TGuan current share price is about RM4.20 and to reach RM5.00 will take time. Perhaps after the 4QR. The Board of Directors may consider share split/bonus issue to boost up the paid up capital to attract fund managers/institutional investors.
2016-11-29 15:36 | Report Abuse
Icon8888 view is noted and I concurred with it. Anyone who is interested to attend coming AGM or having the privilege to meet up with MD, please voice out this suggestion for his consideration. Thank you
2016-11-28 17:18 | Report Abuse
3QR is good. Tomorrow share price likely will spike.
2016-11-26 21:12 | Report Abuse
Why there is another revised QR on Friday? Any material changes?
2016-11-26 21:06 | Report Abuse
Thank you very much YiStock for your write up on TGuan. Good report to further enhance our understanding why it was not able to get RM20-25 for 3QR. Very well done. Please continue to write more on TGuan, TienWah, CSC etc
2016-11-24 21:09 | Report Abuse
Buy more if you consider CSC under valued. Next QR will even be better and then the market price will be raised.
2016-11-24 20:59 | Report Abuse
buy before it is too late to get Rm2.20-2.40 region. Next QR will be better
2016-11-22 09:47 | Report Abuse
Let us assume that TGuan made RM65 millions for FY2016, then at current price of RM4.26, the PE is only7.6 ( assuming paid up at 116 millions instead of full conversion of ICULS)
2016-11-21 10:35 | Report Abuse
After reading through Icon8888 article dated 20/11/2016, there is no doubt that YiStock & Icon8888 are in agreement affirming TGuan coming QR will be better and bright prospect for the next 2 years.to come. Anyone who has read through both articles can deny the projections?
2016-11-18 16:12 | Report Abuse
After reading through YiStock's article on "Brave Earning Projection of Q 3 TGuan Earnings, I am quite agreeable to his estimated profit in the region of RM20-25 millions Verses RM 14.5 millions (13.8 EPS )after tax. Due to dilution of shares from conversion of ICULs into ordinary Shares, market price has been depressed, However, if you take into account full FY 2016, earning per share will still be higher. For those ICUL holders after conversion will get dividends(if any) but the company will have saving of 5% interest payable annually. So, the net result could be in the region of 3 cents (if 8 cents final dividend is declared).
2016-11-16 16:33 | Report Abuse
Share price has spiked due to insiders buying. Coming QR should be good.
2016-11-14 19:15 | Report Abuse
Just look at Southern Steel QR, you can link to CSC coming QR to be even better, as CSC is more efficient and productive. Furthermore, CSC is cash rich and will soon reward patient shareholders handsomely
2016-11-09 09:37 | Report Abuse
For YiStock, what about the proceeds from sales of Property in PJ. I believe the JV with Lam Chang will report some profit. Also it should be 2016 annual report and not 2015 as reported.
2016-11-08 12:54 | Report Abuse
Time will tell if CSC is worth its salt. I believe share price for CSC will jump even before its QR is released. This morning closing has already moved up 7 cents. More to come and more insiders are mopping up those weak holders. Keep and hold till QR is out if you are in a hurry to take profit, otherwise, let the profit run to its limit. This is my view and should not be binding on others.
2016-11-04 17:01 | Report Abuse
Market trend seems to me very bearish for CSC. This could be due to insiders already knew the QR and are now disposing their shares. Why there is no support?
2016-11-01 12:10 | Report Abuse
Further to drkervokian's observation, WingTai management has chosen AGM venue so far away so as to deter would-be complaining investors to attend. Why can the Board choses a place nearer to KL?
2016-10-31 15:37 | Report Abuse
What is wrong with CSC; today is subjected to strong selling pressure. Any reason for such drastic drop in price?
2016-10-18 11:09 | Report Abuse
Desptie good reports written by YiStock, KC Chong,Harryt30 and others, TGuan is now subjected to a lot selling pressure. Is the sales done by insiders? or weak holders cashing out for short term gain? I strong believed Yistock's recent report is authentic and projecting an increase of profit in the range of 20-25 millions for coming quarter results ending 30th Sept 2016. Let us keep this point in mind when investing.
2016-10-18 07:53 | Report Abuse
Lately, two funds have bought into Success, namely, Prudential PLC and Universal Trustee (via Citigroup) and are now having substantial shareholdings in Success. As Success is a traditional Chinese owned company, both funds must have evaluated something valuable that we must have missed. Also, Success has embarked on buying back its own shares lately likely a prevantive measure to counteract predators or to preserve its share value. I believe in the mid term, something big is going to happen to Success.
2016-10-11 14:29 | Report Abuse
For YiStock, your article is indeed very detailed and in-depth with so much technical information that I am hardly able to comprehend. Your conclusion on core earning at around RM20-25 millions for Q3 2016 should be realistic. Thank you very much. What about possible losses on disposal of old plant and machinery?
2016-10-10 07:26 | Report Abuse
Thank you YiStock for your reply. Your worry is same as mine except it might not be the same problem. TGuan has recently announced disposal of old, unproductive plant and machinery. Could there a loss on such disposal for FY 2016? I believe it should have some impact on its financials.
2016-10-07 09:38 | Report Abuse
As Pintara Jaya is the main piling contractor entrusted to do the foundation job, is there any implication for Pintara Jaya, financially or otherwise?
2016-10-07 09:33 | Report Abuse
May be icon8888, YiStock, Harryt30, KC Chong can enlighten us
2016-10-07 09:32 | Report Abuse
TGuan is undergoing a strong persistent correction for over weeks. Any insiders' information as to why TGuan is subjected to such strong beating. Since there is no directors' selling due to absence of filing to Bursa Malaysia, can we assume that the coming quarter result is bad or poor?
2016-10-07 06:31 | Report Abuse
For Zafiraz, your candid comment is noted with thanks. I still feel that the writer's has failed to do a complete detailed study on GL Bhd or with motive to encourage reader to buy.
2016-09-30 14:38 | Report Abuse
Astino 4th quarter results just released earning 3 cents making a total of 11 eps for the whole year. PE is less than 10. Market response with 2 cents up
2016-09-28 15:01 | Report Abuse
Universal Trustee (M) Bhd is now owned 5.72% of Success paid up capital as per filing to Bursa Malaysia dated 19th September, 2016. Something big is going to happen to Success. For those who are still holding your shares in Success, please keep it for a while, you will reap your rich reward soon.
2016-09-23 13:57 | Report Abuse
Before you decide to sell your TGuan shares, please read through the article written by KC Chong dated 23rd September, 2016 entitled "Thong Guan target price RM2.50. Sell?" You can glean a lot of information and outlook for TGuan just by reading this article. Hopefully, you can make better decision in your investment portfolio.
2016-09-23 13:43 | Report Abuse
For KC Chong, your article is indeed very insightful, detailed in analysis and very thorough in your research. Thank you very much for your hard work helping us to understand better on fundamental investment. Your report is simple yet understandable from a layman point of view. I like it very much. Please continue to write more on other counters, such as Tienwah, APM,Mitrajaya etc.
2016-09-22 15:39 | Report Abuse
Success is buying its own shares and now owned close to 5% of its paid up capital. Likely there is chance to get treasury shares for existing owner/shareholders patient enough to hold till FY announcement.
2016-09-19 19:13 | Report Abuse
Prudential PLC is now a substantial shareholder of Success! The reason as to why this UK registered company bought into it is still unknown. Prudential PLC must know more than we do.
Please keep your share if you had not disposed it. Something big is soon to come!
2016-09-07 10:06 | Report Abuse
soon LeonFB will cross RM0.55 due to better sentiment on rising steel products. Watch out for more positive news by looking at CSC, Mycron, SSteel, & Masteel.
2016-09-06 15:42 | Report Abuse
TGuan is now on upward trend. Any news on share split, bonus, or warrant issue? Hopefully, by next year the Board of TGuan can consider to declare it to boost share price further.
2016-09-05 12:00 | Report Abuse
Any good reasons for CSC to climb so steeply? It seemed to me that Mr Gan has almost exhausted his holdings and now he is no longer a substantial shareholder of CSC.
2016-09-03 14:24 | Report Abuse
For kinfatt999, what are you trying to convey! What special dividend? Why 1 Kg cooking oil?
2016-09-01 09:45 | Report Abuse
Tguan Warrant is now be pushed down to RM3.00. Time for shrewd ones to accumulate. Even Icon8888 is holding to 3 tons of it! By the way, may I ask Icon8888 if there is still valid you have yet to dispose any TGuan warrant
2016-08-29 12:16 | Report Abuse
Your report is indeed insightful and well written. Only shrewd and intelligent person can write such good analytical comment. Many thanks to you for sharing your findings. Please continue to write more on TGuan.
2016-08-26 10:25 | Report Abuse
Yee Lee made so much profit but so stinky giving dividends to shareholders. Every year made over 15-25 cents per share but only declared 3.5 cents per share. How you expect price to climb? For those who attended the AGM should enquiry why Directors keep holding back earnings for expansion without taking into consideration of shareholders' interest. Dividend yield is so low, Fund Managers will think twice for investing in this counter. This is just my view.
2016-08-25 10:57 | Report Abuse
Insiders' are collecting bit by bit over the past few days. I feel strongly that forthcoming QR will be good. Share prices have gradually moved upward and I believe RM5.00 will soon be reached.
2016-08-22 16:04 | Report Abuse
You need an eagle eyes to be able to read your report. What is the point, you may as well not to publish it!
2016-08-22 16:00 | Report Abuse
Who can read this type of report with such a fine print? You may as well not to publish it if you cannot print it to normal size.
2016-08-13 17:06 | Report Abuse
Dolomite last Friday share price movement has positive effects on the forthcoming 2 quarter results.
2016-08-13 16:37 | Report Abuse
Despite Gan's disposal, the share price of CSC can still maintain and continue to make improvement.. Insiders and knowledgeable persons are now collecting before the forthcoming results soon to be released. time will tell if this is true.
2016-08-10 15:51 | Report Abuse
Filing returns have confirmed Mitrajaya's staff have been exercising their entitlement of ESOS even at RM1.09 per share. Their actions and internal news circulated should be positive good news pending. I am referring to the coming second quarter results. Time will tell if my guess is correct or wrong.
Stock: [CSCSTEL]: CSC STEEL HOLDINGS BERHAD
2016-12-08 16:43 | Report Abuse
Still can buy at RM2.08. Good dividend is forthcoming.