MYCRON STEEL BHD

KLSE (MYR): MYCRON (5087)

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Last Price

0.37

Today's Change

-0.005 (1.33%)

Day's Change

0.37 - 0.395

Trading Volume

136,100


3 people like this.

3,807 comment(s). Last comment by CT888 2 months ago

Olga

773 posts

Posted by Olga > 2017-08-29 19:38 | Report Abuse

Yay.. happy

Tjaifc

135 posts

Posted by Tjaifc > 2017-08-30 08:44 | Report Abuse

revenue up profit down...

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-08 14:31 | Report Abuse

halo.. im mycron shareholdr now. cheers.

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-09-08 15:58 | Report Abuse

this time really up?

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-09-08 15:58 | Report Abuse

down so long already

Ivan89

1,479 posts

Posted by Ivan89 > 2017-09-08 16:01 | Report Abuse

Rm1 rm1

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-08 18:11 | Report Abuse

dont lose steam.nxt week...just shoot up....

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-08 21:05 | Report Abuse

whole this week the big 4 steel stock rally up 20-30%, those smaller like mycron had 9.3% frm 0.75 to 0.82.

hope small cap steel like mycron can get 15% up, another 5.7% to go @ 0.04 upside nxt week TP 0.86

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-08 22:17 | Report Abuse

Forget to thanks Olga. Your post regarding lion, ssteel, masteel, anjoo really happen. Wonder if y buy them.

Unlucky I bought lion 120 lots at 1.16 be4 it down to 1.04 buta had sold them too early at 1.20. Today lion 1.27.

Olga

773 posts

Posted by Olga > 2017-09-09 00:10 | Report Abuse

Olga Yay.. happy
29/08/2017 19:38

SuperPanda Forget to thanks Olga. Your post regarding lion, ssteel, masteel, anjoo really happen. Wonder if y buy them.

Unlucky I bought lion 120 lots at 1.16 be4 it down to 1.04 buta had sold them too early at 1.20. Today lion 1.27.
08/09/2017 22:17

Olga

773 posts

Posted by Olga > 2017-09-09 00:12 | Report Abuse

Hi SuperPanda, nice to meet a new friend! Yes, steel outlook is good. Lionind will recover sooner or later, ssteel has already recovered, those who sold are actually in pain.. news are news, fundamentals are fundamentals, price is price..

Olga

773 posts

Posted by Olga > 2017-09-09 00:13 | Report Abuse

Leonfb also nice :)

Johnnys

759 posts

Posted by Johnnys > 2017-09-10 19:26 | Report Abuse

Olga, how is outlook for Mycron?

Joe Yeow

12 posts

Posted by Joe Yeow > 2017-09-11 19:04 | Report Abuse

Mycron might up soon ...

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-11 20:08 | Report Abuse

ard losing steam tday...

riko

2,727 posts

Posted by riko > 2017-09-11 20:12 | Report Abuse

where can check the daily steel price?

Olga

773 posts

Posted by Olga > 2017-09-12 08:01 | Report Abuse

Mycron looks good :) But it is not the only good ones around

Johnnys Olga, how is outlook for Mycron?
10/09/2017 19:26

kk83

264 posts

Posted by kk83 > 2017-09-12 13:51 | Report Abuse

Drop back again

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-12 18:36 | Report Abuse

no more power ard....

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-13 11:37 | Report Abuse

kne pakai viagra dh...

kk83

264 posts

Posted by kk83 > 2017-09-13 11:39 | Report Abuse

tiada booster untuk up

riko

2,727 posts

Posted by riko > 2017-09-13 12:29 | Report Abuse

the worst steel counter

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-13 12:50 | Report Abuse

red ad...pakai belon pun blm tau blh up...

dalpinia

2,299 posts

Posted by dalpinia > 2017-09-13 12:51 | Report Abuse

Rebar Price Chart:
https://www.lme.com/Metals/Ferrous/Steel-Rebar#tabIndex=2

from 1st July, up around 20-25% until today

Alipapapa

441 posts

Posted by Alipapapa > 2017-09-14 10:02 | Report Abuse

all steel stock up so much. mycron coming this round.

fujiapple

241 posts

Posted by fujiapple > 2017-09-14 22:50 | Report Abuse

may due to right issue? price not move.. ?

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-15 00:36 | Report Abuse

most probably...the RI weighed on the shares..what a pity...

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-19 13:51 | Report Abuse

mightCron...'ape dah jadi...ape dah jadi..ta nak naik lagi'...forget the ri...the shark..whatever...most steel counters exceed TP ard...com'on ride on...nid horses???...

fujiapple

241 posts

Posted by fujiapple > 2017-09-19 23:32 | Report Abuse

i thought min have 1.10 ..but still sleeping

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-20 09:39 | Report Abuse

'di anaktirikan'...sigh...

Posted by 真有钱 ^_^ > 2017-09-20 14:49 | Report Abuse

Jatuh longkang。

ilovehits

3,955 posts

Posted by ilovehits > 2017-09-20 15:03 | Report Abuse

Pity, Mycron. Aduhai...

STC1136

977 posts

Posted by STC1136 > 2017-09-20 15:32 | Report Abuse

For what i think Mycron should not go right issue, which really affecting invester interest.

As we all know Melewar is big shareholder, why Mycron & Melewar do right issue at the same time, get people to suspect?

Mycron right issue were the money will finally to go for Melewar business?

Mycron has 60 mil cash, somemore their quarter profit & sufficient inventory nearly 200 mil in June 17 is sufficient for their working capital.

Very hard to persuade me that the need of right issue, unless they already has the confirmed BIG ORDER which really need more cash to keep higher inventory.

Cold rolled business is affecting by High price of their raw material Hot rolled steel. Becareful, next quarter may not deliver good profit.

Unless their better profit margin of Pipe businees is increasing, which is hard to predict........

That is why i convert my Mycron to Masteel & Annjoo at End of August even i have 13% lost.

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-20 20:32 | Report Abuse

''dianaktirikan'...u all faham maksud tu kan...making money still mau RI...any reason fron the management for what purpose...maybe i missed that out...

Posted by 真有钱 ^_^ > 2017-09-25 15:33 | Report Abuse

Sold in cheap price? Cold rolled coil and Steel pipe market price no good meh?

Posted by 真有钱 ^_^ > 2017-09-25 15:36 | Report Abuse

2 years QR all positive profit. Look like OK ma.

Posted by 真有钱 ^_^ > 2017-09-25 15:53 | Report Abuse

Wind direction turn already. haha ... .

Posted by Daniel Ryan > 2017-09-25 15:54 | Report Abuse

Playing off

Posted by 真有钱 ^_^ > 2017-09-25 16:18 | Report Abuse

Back to downtrend again

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-26 13:53 | Report Abuse

abis...steel counters on the downtrend...

toypoodle

183 posts

Posted by toypoodle > 2017-09-27 07:16 | Report Abuse

Heard business not up to expectation & not enough operational liquidity to cover for holding company losses, hence requiring right issues, True?

Posted by 真有钱 ^_^ > 2017-09-27 10:48 | Report Abuse

Financial Report remain positive, low PE.
Steel price still good can make money.
Hold and see how?

Tjaifc

135 posts

Posted by Tjaifc > 2017-09-27 13:11 | Report Abuse

see how this qr...

Posted by 真有钱 ^_^ > 2017-09-27 15:40 | Report Abuse

Steel stocks today lai liao. lai lai lai Huat la!

Posted by GOD_OF_KLSE > 2017-10-04 11:25 |

Post removed.Why?

Posted by GOD_OF_KLSE > 2017-10-11 10:39 |

Post removed.Why?

Posted by 真有钱 ^_^ > 2017-10-11 18:47 | Report Abuse

Why drop so much? Lousy stock.

Hwai Hooi

2,249 posts

Posted by Hwai Hooi > 2017-10-11 18:56 | Report Abuse

no more RM1..... stuck money long time few years maybe up RM1

BursaKakis

448 posts

Posted by BursaKakis > 2017-10-12 09:19 | Report Abuse

Mycron to benefit from the new anti-dumping duties imposed on cold-rolled stainless steel imports from China, South Korea, Taiwan & Thailand.

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