If chart didn't say so, so today's fall is not relevant to the chart, right?

So, still want to trust chart?

big sellers even more now, 1.10 gone

Or I can only receive true calling after being the subscribers?

Ok, senyi8, then should I trust the calling here?

Posted by senyi8 > Sep 27, 2016 11:28 AM | Report Abuse
MonkeyBusiness, you are wrong. Ooi recommended Annjoo, CSSTEL, CHOOBEE & MYCRON to his subscribers.

newbie, please answer YES or NO, that's simple, it's not difficult.

newbie, there is no monkey here, only monkey business.

So you still insist today's fall is because of your chart said so?

Why TA never predicted today down? Or more specifically, retrenchment memo out by today?

When an event happened, then quickly use the chart to explain, what a stupid

All technical analysis are fortune tellers

newbie, don't try to use footprint to predict what's next step

Calvin, I need your help on this:

Posted by MonkeyBusiness > Sep 27, 2016 11:43 AM | Report Abuse X

30/6/2016 Profit surged to 10m when rebar price surged to RM2,400 during April & May.

With average price of RM1800 during the 3 months from Jul to Sept, can the result repeat again?

Can someone help me to answer, I am bad in mathematics.

Calvin want to see what he wanted to see, he just can't answer this:

Posted by MonkeyBusiness > Sep 27, 2016 11:43 AM | Report Abuse X
30/6/2016 Profit surged to 10m when rebar price surged to RM2,400 during April & May.

With average price of RM1800 during the 3 months from Jul to Sept, can the result repeat again?

Now price is going down from RM1900 to RM1,750 since beginning of Sept, what do you think? Price will surge up again to RM2,400?

I have lots of public bank now, also LPI Capital.

See here: Steel players’ momentum could be short-lived
http://klse.i3investor.com/blogs/kianweiaritcles/105190.jsp

Ricky Yeo always talk like accounting lecturer, but most his picks went longkang.

The price went up after I said it, it won't have any effect if I say it again, right?

I highlighted my points earlier about Masteel, I am just repeating it again, you can see from my comment section.

I don't like FGV, DRBHCOM & POS for they are run by a bunch of monkeys, that's the reason I set my nickname to reflect their abilities.

Please pray all shipments from China to sink, this miracle sound more workable.

When MRT1 couldn't help to boost steel industry, so hope MRT2, 3, 4.... can do the miracle thing that MRT 1 never did?

Now price is going down from RM1900 to RM1,750 since beginning of Sept, what do you think? Price will surge up again to RM2,400?

30/6/2016 Profit surged to 10m when rebar price surged to RM2,400 during April & May.

With average price of RM1800 during the 3 months from Jul to Sept, can the result repeat again?

Can someone help me to answer, I am bad in mathematics.

Posted by Icon8888 > Sep 27, 2016 11:08 AM | Report Abuse
worst is over. Buyers have taken over control 1

Please follow what Icon8888 said, quickly buy ticket so can go wonderland faster

Falling in love with stock always romantic..... BUT VERY COSTLY

GOOD LUCK!

Why stick to this stock if there are better options or alternative out there?

Ooi totally missed steel stocks

I learn something new from this website here: RUN FOR YOUR LIFE BEFORE IT'S TOO LATE

Looking at the technical indicators, the rise in the share prices of steel players has also been overdone. Malacca Securities Sdn Bhd technical analyst Loui Low shared that profit-taking activity is likely to be coming in the next couple of days, citing that the chart is a bit “overheated”, indicating an overbought signal.

“The steel prices have been going up, but is that sustainable amid the lack of economic growth globally and low oil prices,” he asked. “These protection measures proposed by the government do not guarantee the survival of the steel players. While some of these measures could help, it’s going to be temporary.”

The research head added that the mass rapid transit (MRT) projects will not be enough to spur the steel market, pointing out that MRT Line 1 has not been able to boost the sector.

Open your big eyes to read yourself, try a street man or professional?

Steel players’ momentum could be short-lived
http://klse.i3investor.com/blogs/kianweiaritcles/105190.jsp

better listen to me, sell everything & hide under the table, ready for the crash

You just need to answer, can or can not? That's simple, no skill required at all.

can that kind of profit repeat in the next quarter? i doubt it, but you can tell since you are clever than me.

Why loss? wallstreet82, Since you are so clever, may be you can help to let us know the reason of loss?

And also the main reason for profit 10m in quarter from 1/4/2016 to 30/6/2016?

wallstreet82, my homework is below, I said already but you pretend you never saw it:

MonkeyBusiness The financial period ended 31/3/2016 were largely helped by forex gain of RM 6,049,000

The profit of RM5,076,000 would become loss of RM973,000
25/09/2016 18:55

Calvin tan, No.1 is the most important one, others not so convincing.

Fair said, wallstreet82, so please closely monitor the price via MITI website.

Page 9 MITI Weekly Bulletin 2016 : Volume 404 - 21 September 2016

http://www.miti.gov.my/miti/resources/MITI%20Weekly%20Bulletin/MITI_Weekly_Bulletin_Volume_404_-_21_September_2016.pdf
25/09/2016 20:08

my price list below was extracted from Ministry of International Trade and Industry, so it is reliable:

Please visit http://www.miti.gov.my/index.php/pages/view/3060?mid=73 & read the MITI Weekly Bulletin.

Prices of Rebar in Malaysia (Source: MITI)

----------Low-----High

21/9/2016 1,720 1,870
15/9/2016 1,720 1,870
8/9/2016 1,800 1,950
30/8/2016 1,750 1,990
26/8/2016 1,840 1,990
26/7/2016 1,780 1,930
24/6/2016 1,750 1,950
30/5/2016 2,180 2,380
22/4/2016 2,100 2,300
21/3/2016 1,650 1,800
26/2/2016 1,520 1,620
27/1/2016 1,450 1,550
22/12/2015 1,450 1,550
17/11/2015 1,500 1,600
27/10/2015 1,500 1,600
22/9/2015 1,600 1,700
26/8/2015 1,580 1,680
28/7/2015 1,650 1,750
30/6/2015 1,760 1,860
27/5/2015 1,840 1,940
28/4/2015 1,840 1,940
31/3/2015 1,850 1,950
24/2/2015 1,800 1,900
27/1/2015 1,900 2,000

Page 9 MITI Weekly Bulletin 2016 : Volume 404 - 21 September 2016

http://www.miti.gov.my/miti/resources/MITI%20Weekly%20Bulletin/MITI_Weekly_Bulletin_Volume_404_-_21_September_2016.pdf

probability, my price list below was extracted from Ministry of International Trade and Industry, so it is reliable:

Please visit http://www.miti.gov.my/index.php/pages/view/3060?mid=73 & read the MITI Weekly Bulletin.

Prices of Rebar in Malaysia (Source: MITI)

----------Low-----High

21/9/2016 1,720 1,870
15/9/2016 1,720 1,870
8/9/2016 1,800 1,950
30/8/2016 1,750 1,990
26/8/2016 1,840 1,990
26/7/2016 1,780 1,930
24/6/2016 1,750 1,950
30/5/2016 2,180 2,380
22/4/2016 2,100 2,300
21/3/2016 1,650 1,800
26/2/2016 1,520 1,620
27/1/2016 1,450 1,550
22/12/2015 1,450 1,550
17/11/2015 1,500 1,600
27/10/2015 1,500 1,600
22/9/2015 1,600 1,700
26/8/2015 1,580 1,680
28/7/2015 1,650 1,750
30/6/2015 1,760 1,860
27/5/2015 1,840 1,940
28/4/2015 1,840 1,940
31/3/2015 1,850 1,950
24/2/2015 1,800 1,900
27/1/2015 1,900 2,000

Calvin tan, please look at my earlier comment about MRT2 project:

Please take note that MRT2 project won't help much because it is just continuous part of MRT1 project.

It's is not something new demand, it is just making demand for steel to continue sustain at previous level.

If during the execution of MRT1 project in previous did not make all steel producers profitable, what so special about MRT2 project to steel producers, especially those producing long products.
25/09/2016 19:26

Also look at China, increased production capacity to lower cost, end up lower selling price because too much capacity.

that's the reason China government has been working hard to cut down capacity.

New production line does not guarantee lower cost, look at Megasteel, huge unutilised production capacity, finally dead.

When existing price is similar to last year's price and last year suffering huge loss, what is the magic can make the profit double than even when price was RM2,400 in April & May 2016?

probability, the author has not discussed about it.

But for me, I don't know, it could be worse, maybe.

Argue my points, don't simply give general not relevant opinion

IBanker, you just want to listen to what you wanted to listen, never look at my points.

I am not pro, but judging from my comments & yours, I know more than you.

Please take note that MRT2 project won't help much because it is just continuous part of MRT1 project.

It's is not something new demand, it is just making demand for steel to continue sustain at previous level.

If during the execution of MRT1 project in previous did not make all steel producers profitable, what so special about MRT2 project to steel producers, especially those producing long products.

I knew this website way before this article, I did not trust this analysis because it has not stated the sources of data, users contributed towards the date & so on.

Nothing was mentioned in their website.

I have even registered with the website but getting the same report every week.

http://steelbenchmarker.com/files/history.pdf