so overvalue even before announcement of quarter result. manipulated counter

this sector if u think carefully is really no brainer.

last year rebar was as low as 1400/tonne now 2500/tonne

assume that to achieve 10% net profit the rebar selling price has to be 2000. which means the all cost involve to the manufacturer is 1800/tonne.

@2500/tonne the profit margin will be 38.8%. << this margin is no joke

rebar diameter

Y - high yield
R - mild steel

Would u invest in Coca Cola because they are venturing into cheese. And would u invest in kraft because they are venturing into soft drink

Huh which part of what I said are against what they do. Alternative is a must if there's a restrain cap on what your company can earn and make your company impossible to grow . But should this be a "basis" of your investment. The main business or the unproven business?

I bought vitrox and penta 20cents

I know I work for contractor before before. We can lock the price for 3 months. But I doubt the term will be the same if there is material shortage. The price will surge and weak contractor will die out. It has happened in the past but I duno how serious the shortage now is.

Leo may I ask in Malaysia what's the highest price steel bars price can go and will it break to a new high.

so what do u think of the demand. contractors probably going to laosai if the steel bars keep rising in price resulting in abandoned project

if theres no risk. long steel stock wouldnt be so undervalue for you to buy except annjoo. annjoo definitely a no to me. duno choose ssteel or lionind.

what is the difference between inventories and inventories recognised as cost of sales.

in the report inventory = 518 637 000
inventory recognized as cost as sales = 2 253 955 000

wa aseng gor congrats how much u win

how 1 man can impact the share market is really scary

just sick of u misdirecting people

@leoting ur blogs all in chinese ,--,

We probably invest on a very different reason, basis and discipline.

Im firm with my stand theres tracable records of my comments. U can give us longass articles but all these mushroom things are never proven before. Show us number.

@waves no fee?

From on and on he kept talking about mushroom. Talk to me when hevea is still doing as good if they are not selling a single particleboard and concentrate on mushroom.
My price is 1.30 also why would I be envious.

Like it or not this mushroom thing is irrelevant to the eye of an investor

.9 is highly unlikely, .75. discount 25% on the iv because of the sector.

small correction is okay.

after 1 month and keep average down. its the first day im in a winning position. Tears - -,

i think this wavesrider. his remiscer earn more than him

ill buy at 9cent or less

aseng why no buy at 54c

@leoting how would u compare this company to ssteel.

If you are investing based on the mushroom venture u are probably not a good investor. Invest on the business that they are expert at. Not something u know nothing about the outcomes. Invest on their management and their expertise. Wether or not their new venture will succeed is a add on later on

65c would be reasonable before 2/8

Hope so if not dividend quite shitty

The dividend is not 4% it's just 1. Something.

Catch the knife 2 times ball of steels

dafug? 1 day show?

not bad. unchanged again. sign of uptrending.

the tp is projected just based on 2 explosive quarter. so every quarter must be explosive in order to reach the tp from the coming quarter on

so u mean ta > fa? how bout market sentiment

think its going to linger around this price for like few weeks

average down. Duno if its a right move or not. 70% margin

Posted by axeaxe > Jul 25, 2017 01:09 PM | Report Abuse

I edi Q for rm1.00 hope can get, may be a bit greedy but no one know what will happen

later drop all the way to 90c

this stock still so strong despite the drop in earnings

touch 41c good good

Construction industry in short for contractor

Design have to be approved by authority first (may take years)

Contractor take over

Potential of delay

After CPC, Final account may take another year and so (if fast) (2.5% retention +VO+ Remeasurement)

If theres dispute. (Arbitration & Adjudication) (Take years)

After defect liability period, Theres a risk of employer holding retention (2.5%)


Notwithstanding rebar shortage(happened in the past) and labour shortage ( happening now)

So the originally 20% profit how much is left. Looking at the risks

their management team is young and experienced. thats the best part.

seriously go genting gamble man. faster and got around 50% chance win if u play blackjack, baccarat and all

go genting gamble result faster what.

donations are tax-refundable just saying

he wants to collect cheap lor

in the end the richest investor is usually the most quiet one

love it

@wei chyi now is the window to collect. u want to collect when its bullish? u do enough homework trust ur intuition.

if u are margin of safety kind of investor then all semiconductor stock is not your stock at the current price. dont even look at it. stay with your principle

@alexfoo theres no such thing as margin of safety if its a growing and bullish company. it doesnt apply. U need to take account into the future massive earning. Warren buffett also said about its okay to pay reasonable price for a good company better than cheap price for a bad company. So its okay to overpay a little bit.

check magni