Steel stocks poised for re-rating | http://www.klsescreener.com/v2/news/view/356133

Steel stocks poised for re-rating | http://www.klsescreener.com/v2/news/view/356133

Goldman Says World’s Best Bet Right Now Is Emerging Market Stocks
https://www.bloomberg.com/news/articles/2018-03-15/goldman-s-patel-says-emerging-market-stocks-are-world-s-best-bet

What to Expect From the Fed This Week

https://www.bloomberg.com/view/articles/2018-03-19/mohamed-el-erian-what-to-expect-from-the-fed-s-march-21-meeting

Nasdaq plummetted due to sell off of Facebook shares.

The dow may get bullish after the FOMC meeting held on 21 March.

Today

Annjoo 0%
CSCsteel +1.43%
Lsteel 0 %
Masteel -2.94%
Ssteel -0.53%

Stronger Semiconductor 2018 Than Previously Forecast
https://www.eetindia.co.in/news/article/18031503-stronger-semiconductor-2018-than-previously-forecast

In a move reminiscent of the continual upward revisions to semiconductor market forecasts that characterized 2017, market watcher IC Insights has increased its forecast for semiconductor industry growth this year to 15 percent from a previous projection of 8 percent.

EVIDENCE OF OVERREACTION

MASTEEL OVERREACTED MUCH MORE THAN KOREAN STEEL MAKERS DID.


KOREA STEEL SHAPES (Korean steel stocks)
https://www.reuters.com/finance/stocks/overview/007280.KS

Hi Steel (Korean steel stocks)
https://www.reuters.com/finance/stocks/chart/071090.KS

Posco (Korean steel stocks)
https://www.reuters.com/finance/stocks/chart/005490.KS

South Korea's steel export to the US --- 12%
https://www.trade.gov/steel/countries/pdfs/2017/q2/exports-korea.pdf

Steel | 2016-2018 | Data | Chart | Calendar ... - Trading Economics
https://tradingeconomics.com/commodity/steel

Why economists can’t predict the future
http://www.macleans.ca/economy/economicanalysis/why-economists-cant-predict-the-future/

You should know economists are good at analysing past events and results, not predecting future events and results.

You should also know analysts are good at analysing past finanical reports, not predecting future financial results.

There is limitation of predicting a company's future results from its past results. The DCF is still used because some people still trust them. But everyone gets a different target price using the DCF. It's not science, but something like fortune telling! Economists predict future events and numbers, but they hardly predict them correctly because what they do is nothing but fortune-telling!

very expensive stock promoted a lot before. Smart investors sold the stock before the recent QR announcement.

EVIDENCE OF OVERREACTION

MALAYSIAN STEEL MAKERS OVERREACTED MUCH MORE THAN KOREANSTEEL MAKERS DID.


KOREA STEEL SHAPES (Korean steel stocks)
https://www.reuters.com/finance/stocks/overview/007280.KS

Hi Steel (Korean steel stocks)
https://www.reuters.com/finance/stocks/chart/071090.KS

Posco (Korean steel stocks)
https://www.reuters.com/finance/stocks/chart/005490.KS

South Korea's steel export to the US --- 12%
https://www.trade.gov/steel/countries/pdfs/2017/q2/exports-korea.pdf

Steel | 2016-2018 | Data | Chart | Calendar ... - Trading Economics
https://tradingeconomics.com/commodity/steel

https://www.metalbulletin.com/Article/3793662/CHINA-REBAR-Domestic-prices-flat-amid-recovering-futures-high-inventories.html

This year we had a lot of negativity in the stock market, but most of them were imaginary stories, not real stories. In reality the global economy has been very strong. After imaginary stories disappear, the market will turn to be bullish.

Trump’s Tariffs Make Boeing a Potential Target in a Trade War
https://www.nytimes.com/2018/03/14/business/economy/boeing-tariffs-china.html

The stock price of Press Metal has been stable for some time. Masteel got too bearish due to unnecessary info here.Haha

Boeing dropped more than 4 percent, contributing the most to the Dow's decline.
Boeing's decline comes after a report said President Donald Trump wishes to slap $60 billion of tariffs on Chinese goods.
Investors feared China could target the aerospace giant in retaliation.

Boeing dropped more than 4 percent, contributing the most to the Dow's decline.
Boeing's decline comes after a report said President Donald Trump wishes to slap $60 billion of tariffs on Chinese goods.
Investors feared China could target the aerospace giant in retaliation.

Malaysia unfazed by US import tariffs on steel, aluminium http://m.thesundaily.my/node/531925

If you buy stocks with your decision, you will learn something even if you lose money. But if you rely on others, you are unlikely to learn anything from your mistakes because you just want to blame people you rely on, so your trading skills will not improve as you lose more money. Haha

If they are really good, they don't need to have a side job. You are a cash cow for many financial services.

Why has US semiconductor stocks been bullish, If they are impacted by trump tariffs much?

PHLX Semiconductor (^SOX)

US semiconductor stocks break out.,.

PHLX Semiconductor (^SOX) was up 2.08% on Friday.
https://finance.yahoo.com/quote/%5ESOX/components/

I believe high P/E of semiconductor stocks is totally acceptable as an apparently very high price of a semiconductor stock today will be vey low in a few years. The semiconductor bubble is not like the dot.com bubble. A high price of a semiconductor stock will be justified in the future...

I believe high P/E of semiconductor stocks is totally acceptable as an apparently very high price of a semiconductor stock today will be vey low in a few years. The semiconductor bubble is not like the dot.com bubble. A high price of a semiconductor stock will be justified in the future.

I believe High P/E of semiconductor stocks is totally acceptable as an apparently very high price of a semiconductor stock today will be vey low in a few years. The semiconductor bubble is not like the dot.com bubble. A high price of a semiconductor stock will be justified in the future.

Chip stocks -

Outperformers
GLOBETRONICS's net profit increased 293.26.% YoY
KESM' s net profit increased 12.05% YoY.
-----------------------------------------------------------------------
Average performers
Vitrox’s net profit increased 9.18% YoY.
Inari’s net profit increased 8.83% YoY.
MMSV’s net profit increased 7.97% YoY.
Pentamaster’s net profit increased 4.60% YoY
-----------------------------------------------------------------------
Underperformers
MPI’s net profit decreased 25.06%.
Unisem’s net profit decreased 37.62%.

Semiconductor stocks

Outperformers
GLOBETRONICS's net profit increased 293.26.% YoY
KESM' s net profit increased 12.05% YoY.
-----------------------------------------------------------------------
Average performers
Vitrox’s net profit increased 9.18% YoY.
Inari’s net profit increased 8.83% YoY.
MMSV’s net profit increased 7.97% YoY.
Pentamaster’s net profit increased 4.60% YoY
-----------------------------------------------------------------------
Underperformers
MPI’s net profit decreased 25.06%.
Unisem’s net profit decreased 37.62%.

Outperformers
GLOBETRONICS's net profit increased 293.26.% YoY
KESM' s net profit increased 12.05% YoY.
-----------------------------------------------------------------------
Average performers
Vitrox’s net profit increased 9.18% YoY.
Inari’s net profit increased 8.83% YoY.
MMSV’s net profit increased 7.97% YoY.
Pentamaster’s net profit increased 4.60% YoY
-----------------------------------------------------------------------
Underperformers
MPI’s net profit decreased 25.06%.
Unisem’s net profit decreased 37.62%.

Outperformers
KESM' s net profit increased 12.05% YoY.
GLOBETRONICS's net profit increased 293.26.% YoY
-----------------------------------------------------------------------
Average performers
Vitrox’s net profit increased 9.18% YoY.
Inari’s net profit increased 8.83% YoY.
MMSV’s net profit increased 7.97% YoY.
Pentamaster’s net profit increased 4.60% YoY
-----------------------------------------------------------------------
Underperformers
MPI’s net profit decreased 25.06%.
Unisem’s net profit decreased 37.62%.

Kesm overreacted yesterday. Look at yesterday's sunright price. The Phlx semiconductor index went up 0.29% yesterday

In the US Russell 2000 Index, small-cap stock market index, has not been impacted by sell off of large cap stocks.

Billionaires Warren Buffett and Ray Dalio agree on what to do in a volatile market
https://www.cnbc.com/2018/03/07/warren-buffett-and-ray-dalio-agree-on-what-to-do-in-a-volatile-market.html

Billionaires Warren Buffett and Ray Dalio agree on what to do in a volatile market
https://www.cnbc.com/2018/03/07/warren-buffett-and-ray-dalio-agree-on-what-to-do-in-a-volatile-market.html

Commerce secretary says Trump is flexible on tariffs

https://edition.cnn.com/2018/03/07/politics/trump-trade-wilbur-ross/index.html

Commerce secretary says Trump is flexible on tariffs
https://edition.cnn.com/2018/03/07/politics/trump-trade-wilbur-ross/index.html

Chip stocks just surged to an all-time high, and the charts point to...
https://www.cnbc.com/video/2018/03/06/chip-stocks-just-surged-to-an-all-time-high-and-the-charts-point-to-more-highs-ahead.html

Chip stocks just surged to an all-time high, and the charts point to...

Gina Sanchez of Chantico Global and Matt Maley of Miller Tabak discuss chip stocks with Leslie Picker.
https://www.cnbc.com/video/2018/03/06/chip-stocks-just-surged-to-an-all-time-high-and-the-charts-point-to-more-highs-ahead.html

Fundamentally good stocks can surge easily after they plunge. No worries.

China has extended some steel output cuts into future months.

Masteel has the lowest P/E among Malaysian steel stocks.

Masteel's net profit increased 200% YoY. Its stock price increased less than 100% YoY.

This is how Malaysian people trade. They tend to overreact. We have a good chance of buying fundamentally good stocks at a low price.

Why did this stock fall much more than other steel stocks? It's ok for me, but it is strange. i will buy the stock more tomorrow.Buy fundamentally good stocks at a low
price.it will surge near future.

KLCI to extend gains, move above 1,850-level as trade war fears ease | http://www.klsescreener.com/v2/news/view/350431

U.S. steel tariffs raise trade risks but sector impact limited, says Fitch | http://www.klsescreener.com/v2/news/view/350433

Global semicon sales surge to US$37.6b in January 2018 | http://www.klsescreener.com/v2/news/view/350511

特朗普课重税影响不大 大马出口美国钢铁仅2% http://www.chinapress.com.my/20180306/特朗普課重稅影響不大-大馬出口美國鋼鐵僅2/