Haha, said everything, very clear & well written article, itjustabouttheprofit, good job!
But miss one thing as follows:
The Royal Malaysian Customs Department will enforce the collection of anti-dumping duties and this measure will be effective for five (5) years, from 24 May 2016 to 23 May 2021. With the imposition of anti-dumping duties on imports of Cold Rolled Coils of Alloy and Non-Alloy Steel from the alleged countries, it is expected that the issue of unfair trade practices will be addressed.
Well said. Hmm. Is about sentiment of investor. As long steel price remain in this level and mega steel still remain closed. Then cscsteel can go further
Mr Gan no longer a susb. shareholder. He is still holding 21,179,600 shares as of 19Aug. If he throws 1m+ shares/day, he would finish throwing in just/less than 20 trading days.
Please read yourself if it is Taiwan or China Companies, or you can read annual report for more details:
CSC Steel Holdings Berhad mainly owned by China Steel Corporation (46.37 percent) via its subsidiary, China Steel Asia Pacific Holdings Pte. Ltd.. China Steel Corporation currently is the largest integrated steel maker in Taiwan and 23rd largest steel producer in the world.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneySIFU
5,852 posts
Posted by moneySIFU > 2016-08-28 08:44 | Report Abuse
Haha, said everything, very clear & well written article, itjustabouttheprofit, good job!
But miss one thing as follows:
The Royal Malaysian Customs Department will enforce the collection of anti-dumping duties and this measure will be effective for five (5) years, from 24 May 2016 to 23 May 2021. With the imposition of anti-dumping duties on imports of Cold Rolled Coils of Alloy and Non-Alloy Steel from the alleged countries, it is expected that the issue of unfair trade practices will be addressed.
See full press release: http://www.miti.gov.my/index.php/pages/view/3343
Ps: thanks to sharing by optimushuat on 24/05/2016.