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2017-08-29 13:47 | Report Abuse
Yea, few projects are in the pipeline. TRC is one of the cheapest and well managed Bumiputera status company. Their director is well known in this industry.
2017-08-29 08:18 | Report Abuse
@leo, we all know Rojak Sauce and Belacan Sauce told abbd don't buy so fast.
2017-08-28 08:55 | Report Abuse
Econpile doesn not tender any work package to Prasarana for LRT 3.
2017-08-27 22:12 | Report Abuse
Big Crocodiles' tactic to flush out punters. The announcement will come after sell off.
2017-08-26 15:00 | Report Abuse
@OOMMGG , is actually additional cost of 15 to 20/mt.
2017-08-26 14:57 | Report Abuse
At least RM4 if valued at PE of 10.
2017-08-26 14:54 | Report Abuse
Q4 supply in China will shrink further.
2017-08-26 14:30 | Report Abuse
Yea,steel counters are the next theme play in bursa. Like what happening in China Steel Counters.
2017-08-26 14:24 | Report Abuse
Mr Pauper, no worry about the graphite electrodes price surge, consumption is aboout 1.4 to 2 kg for every metric ton steel produced and it had been factorized into cost.
2017-08-26 14:20 | Report Abuse
I am using MITI's weekily information to compute. This is a simple calculation and September data yet to finalize. But as of now, data showed double digits profit margin.
2017-08-26 14:07 | Report Abuse
Venfx, it wont work it this way.
2017-08-26 14:04 | Report Abuse
I did monitored the transaction volumes, some bought in at the size of 50 and 100 lots. Sold in 1, 2.5, 5 or 10 lots size. From here, we can see the big holders started to collect.
2017-08-26 14:01 | Report Abuse
Venfx and OOMMGG, not a mistake, Annjoo and Ssteel had mentioned Q2 was a weak quarter in their Q1 financial report. But both of them are optimistic on coming quarter outlook.
2017-08-26 13:30 | Report Abuse
OOMMGG , do you mind to forecast Q3 eps for ssteel?
2017-08-26 11:46 | Report Abuse
Enjoying double digits profit margin, 60 mil PBT is achievable for Q3.
2017-08-25 16:01 | Report Abuse
My friend in one of the Malaysia Biggest Contractor Company just told me his company only sourcing rebar from local steel mills only. China price is too pricey and they request in USD cash settlement. His company is source from Annjoo and Ssteel and some from Lion/Masteel. As their procurement forecast steel price will continue to shot up, they have already place an orders in advance.
2017-08-25 15:55 | Report Abuse
My friend in one of the Malaysia Biggest Contractor Company just told me his company only sourcing rebar from local steel mills only. China price is too pricey and they request in USD cash settlement. His company is source from Annjoo and Ssteel and some from Lion/Masteel. As their procurement forecast steel price will continue to shot up, they have already place an orders in advance.
2017-08-25 14:19 | Report Abuse
http://news.mysteel.com/17/0825/09/87498C53FEA33760.html
宝钢股份上半年净利61.7亿
2017-08-25 09:39 | Report Abuse
China Rebar up another 30 RMB today!! Really unstoppable
2017-08-24 21:25 | Report Abuse
Want to show to MITI that steel safeguard still need to be in place?
2017-08-23 19:29 | Report Abuse
Kyy come to sapu during this afternoon session?
2017-08-22 20:23 | Report Abuse
Annjoo's tactic to promote their BF.
2017-08-21 21:31 | Report Abuse
China steel price increase another 30 to 50 rmb..Cant stop at all despite verbal warning from China iron and steel associate.
2017-08-14 20:45 | Report Abuse
Leoting, may i know the recycling rate of 97% for ferrous metal is applicable here?
2017-08-14 15:48 | Report Abuse
Only loaded with 50 percent bullets, thinking of buying after QR announcement. But with less than 10% floating shares in the market, i think i should change the strategy to top up Ssteel right now.
2017-08-12 20:49 | Report Abuse
The issue is no one let go in the market, all shares hold by 30 top shareholders.
2017-08-12 16:25 | Report Abuse
Top 30 shareholders have 90% of total shares. Less than 10 percent are floating shares.
2017-08-12 12:22 | Report Abuse
When additional 8 production lines will start production?
2017-08-11 11:42 | Report Abuse
Steel Price in China increase by another 20 to 60 RMB!!
2017-08-11 10:32 | Report Abuse
Bravo ssteel, flushing out the weak holders!
2017-08-10 14:30 | Report Abuse
Bro Edward, why ssteel's R6,8,12,16,20&25 products have no stock but the price keep increasing?
2017-08-10 14:27 | Report Abuse
Average price is 4200 RMB or equivalent to RM 2720!!
2017-08-10 14:25 | Report Abuse
China steel price still remains bullisy, easpecially price in Beijing and Tianjing has raise 130 and 90 RMB respectively!! Guangzhong steel price is among the highest, stand at 4430 RMB!!
2017-08-08 18:45 | Report Abuse
But majority scrapped metals are imported right?
2017-08-08 18:16 | Report Abuse
Hi Leoting sifu, how long is the period required to produce rebar from scrapped metals?
2017-08-07 22:31 | Report Abuse
Hi Leoting and Edward, can local end users import steel from Indonesia?
2017-08-07 22:31 | Report Abuse
Hi Leoting and Edward, can local end users import steel from Indonesia?
2017-08-04 09:55 | Report Abuse
Still the cheapest counter in construction industry, PE only valued at 9..compared to GAMUDA and SUNCON at PE 20++. If TRC valued at PE of 12, TP is 1.02.. This coming quarter result will be superb because of MRT 2 project and Pan Borneo Highway revenue start contributing! Dont forget Aussie Dollar has appreciated from 3.2 to 3.4 now, another energy booster for TRC in Australia business!! Lets hope for RM 1.
2017-08-02 16:30 | Report Abuse
What is the daily production capacity of Annjoo and SSteel?
2017-07-27 13:28 | Report Abuse
Edward and Leoting, thanks for useful info!
2017-07-03 16:59 | Report Abuse
Possible to let go that portion of stocks to potential buyers?
2017-07-02 12:19 | Report Abuse
Skyjet, 30 mil of tax that you refer is cumulative amount @_@. OMG , suggest you to go through the QR in details again.
Of course need to pay more tax as company earning is improving compared to last year.
Stock: [TRC]: TRC SYNERGY BHD
2017-08-30 13:51 | Report Abuse
See WCT PE and TRC PE and outstanding contract value, you will get the answer. TRC's outstanding contract value is 1.4 to 1.6 bil which will sustain until fow next two years. This value has excluded coming LRT and Pan Borneo Sabah projects.