CSC STEEL HOLDINGS BERHAD

KLSE (MYR): CSCSTEL (5094)

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Last Price

1.21

Today's Change

-0.02 (1.63%)

Day's Change

1.21 - 1.25

Trading Volume

41,600


9 people like this.

4,156 comment(s). Last comment by ChunWong93 3 weeks ago

mbs7633

325 posts

Posted by mbs7633 > 2016-09-06 16:07 | Report Abuse

i will not sell my CSCSTEL shares. up 15 cents already want to take profit? You will win big in this counter. i'm VERY sure it may hit its TP. short term 2 and long term 3.

Jack Wong

143 posts

Posted by Jack Wong > 2016-09-06 16:20 | Report Abuse

Ya,top up. Save the trap one. Big sharks are leaving. Here need support

bonus2016

900 posts

Posted by bonus2016 > 2016-09-06 17:28 | Report Abuse

mbs7633, u are right, i bought at 0.147 and top up at 0.142, this counter ready to fly, correction and clear the contra player right now is needed to move it fowards to RM2 for near or middle term. At 1.42 i decide to top up, no sense to sale it to take profit right now. go go go, cscstel ! blue sky in front ! My short term tp now will be 1.8 and 2.0 for middle term !

mbs7633

325 posts

Posted by mbs7633 > 2016-09-06 17:39 | Report Abuse

bonus2016, i totally agree. CSCSTEL is as good as GKENT. :)

ffforever

473 posts

Posted by ffforever > 2016-09-06 17:40 | Report Abuse

Hi bro. Why so sensitive when people take profit? Chill man. I buy 1.27 sell 1.67. I don see anything wrong. I still hope this stock fly to 2 or even 3 one day even i don hold any now. Happy trading!

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2016-09-06 17:58 | Report Abuse

This Jack Wong is being salty now as he sold at around 1.50 haha

bonus2016

900 posts

Posted by bonus2016 > 2016-09-06 18:02 | Report Abuse

bro ffforever, take it easy, we just sharing our opinion, idea or decision, really not mean to offend anyone, expecially u bro. we buy share for sure is taking profit lah, today it hit ur TP already, u sold it to lock profit, we only will conglatulation to u lah, bro, how come we mean angry of profit takers or what. if i buy at 1.27, maybe i sold out long time ago. Now we looking good for it, i readjust my TP to 1.8 in near and middle term, that is why we sharing and support each other here. hope u understand, sorry for any misunderstanding and tq

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-06 18:14 | Report Abuse

Different people will have different strategies when come to investing. And also different people will have different sets of risk & reward assessment.

There is always nothing wrong to buy or to sell now, as long as you think it is best decision by judging your position for the time being.

Those talking salt & sour, nothing to talk about you, so good luck to you.

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-06 18:16 | Report Abuse

Congratulation to those who managed to make money, it is good to hear.

Those think more to come, like myself, let's hope for the best, haha

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-06 18:17 | Report Abuse

Good say, bonus2016, thumbs up!

Posted by benhasidin > 2016-09-06 18:18 | Report Abuse

...

ffforever

473 posts

Posted by ffforever > 2016-09-06 18:31 | Report Abuse

Hi bro bonus2016, no problem at all. No need to say sorry. Moneysifu, fully agreed. Most important is everyone make money. Huat ah.

chl1989

2,552 posts

Posted by chl1989 > 2016-09-06 18:50 | Report Abuse

Keeping to see the impact of anti dumping :)

bonus2016

900 posts

Posted by bonus2016 > 2016-09-06 18:59 | Report Abuse

tq moneySIFU, i learn quite a lots here from u, expecially tq for sharing quite a lots info, expecially regarding cscstel. i decide to stay for advance and readjust my TP from 1.60 to 1.80 and maybe 2.0 in the future, mostly becox ur info give me more confident to this counter, we all take our own risk in our investment expecially in share market! dont blame others for any lose but always thanks others who sharing info expecially who guide our road to take profit. Bro ffforever, when aax hit 0.480, i also decide to sold it, ppl said it will hit 0.80 - 1.0, i do believe it will happent in future, but the uptrend quite unusual for me, so i decide to lock profit, and look like i make a good decision, before that my TP for aax is 0.45 - 0.50. i like ur words - lets everyone make money ! i always wishing win win condition in share market, that is why i am here at i3 forum. go go go, cscstel, i am waiting u at 1.800 !

Invest1188

772 posts

Posted by Invest1188 > 2016-09-06 20:09 | Report Abuse

This is 2017 top stock

Posted by iwanttosuccess > 2016-09-06 22:40 | Report Abuse

will correction continue? observe further?

Invest1188

772 posts

Posted by Invest1188 > 2016-09-06 23:15 | Report Abuse

Correction is due to contra players, normal

Jack888

855 posts

Posted by Jack888 > 2016-09-07 05:50 | Report Abuse

Sell some turn to Chinwel...

Jarsaken

28 posts

Posted by Jarsaken > 2016-09-07 11:30 | Report Abuse

cscstel having 72percent buy rate right now, and no strong resistance until 1.72 as i can see. 1.70 has 2k queue is challenging but based on the buy rate and volume should be easily pass that within few day.

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-09-07 11:33 | Report Abuse

actually how to calculate.buy.rate?

pingdan

1,549 posts

Posted by pingdan > 2016-09-07 11:45 | Report Abuse

nothing worry about cscsteel. Strong cash position and will heading to RM2 soon. GIve it a rest before moving to another 52weeks new high again

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-07 17:05 | Report Abuse

Very strong buying at RM1.68 at last minutes.... good

chl1989

2,552 posts

Posted by chl1989 > 2016-09-07 22:38 | Report Abuse

moneysifu, do you know who are the customers of cscsteel? Are they in the construction segment?

chl1989

2,552 posts

Posted by chl1989 > 2016-09-08 11:51 | Report Abuse

Why no drop? I want to buy cheap cheap :)

ccheinn

188 posts

Posted by ccheinn > 2016-09-08 16:28 | Report Abuse

now 1.65 cheap adi... chl1989...

JamesPond

429 posts

Posted by JamesPond > 2016-09-08 16:58 | Report Abuse

MBS7633, no issue of doubtful debts. The RM16.9M is a write back done in 31.12.15 qtr of which the original prov where made in previous year 31.12.14 RM12.5M

mbs7633

325 posts

Posted by mbs7633 > 2016-09-08 17:08 | Report Abuse

jamespond, thank you. :)

chl1989

2,552 posts

Posted by chl1989 > 2016-09-08 18:01 | Report Abuse

Buy! :)

Jack888

855 posts

Posted by Jack888 > 2016-09-09 10:21 | Report Abuse

buy..accumulate more.

bonus2016

900 posts

Posted by bonus2016 > 2016-09-09 13:28 | Report Abuse

really very stable at this level, wait for it to break 1.720 level

shadowhao

58 posts

Posted by shadowhao > 2016-09-09 16:09 | Report Abuse

hav faith . juz wait it break

YOLOOOO

1,676 posts

Posted by YOLOOOO > 2016-09-09 16:31 | Report Abuse

Very healthy consolidation now

ilovehits

3,955 posts

Posted by ilovehits > 2016-09-09 16:38 | Report Abuse

CSCSTEL comes behind MYCRON. This week MYCRON, next week CSCSTEL. TP 3.47 by country top remisier.

tempac

655 posts

Posted by tempac > 2016-09-09 17:12 | Report Abuse

CSCSTEL met stock selection criteria shown below.

G - Growth (net profit has continuously increased for 2 quarters)
D - Dividend (dividend yields >5%)
P - PE ratio (below 10)

+ Cash rich!

chl1989

2,552 posts

Posted by chl1989 > 2016-09-09 17:57 | Report Abuse

It is worth easily >2.5 with the effect of anti-dumping :)

Albukhary

3,001 posts

Posted by Albukhary > 2016-09-09 18:00 | Report Abuse

ilovehits, who is country top remiser? OTB? hahaha

chl1989

2,552 posts

Posted by chl1989 > 2016-09-09 18:30 | Report Abuse

Who else? Haha :)

probability

14,490 posts

Posted by probability > 2016-09-09 21:12 | Report Abuse

wei...he is very busy with his 3 G-friends of miss universe status la..
where got time to spend with Steel rods like this...he he..(just joking).

chl1989

2,552 posts

Posted by chl1989 > 2016-09-09 21:37 | Report Abuse

Switching 3g to steel soon. :)

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-10 08:34 | Report Abuse

Megasteel Closes Banting Plant & Good for CRC Companies (Star BizWeek)
http://klse.i3investor.com/blogs/moneymoney/104143.jsp

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-10 08:37 | Report Abuse

More to come, CSCSteel is CRC industry leader, where can it go?

bonus2016

900 posts

Posted by bonus2016 > 2016-09-10 10:10 | Report Abuse

ya, moneySIFU, near term 1.8 , middle term 2.0 , go go go

chl1989

2,552 posts

Posted by chl1989 > 2016-09-10 10:48 | Report Abuse

What 1.8 & 2? I said >2.5.

mbs7633

325 posts

Posted by mbs7633 > 2016-09-10 11:03 | Report Abuse

it depends on next quarter result. if net profit can maintain, it's very high chance can hit 2.

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-10 11:11 | Report Abuse

Business is always up & down, but running it with cautious & prudent always stand a good chance to survive, same goes to Investing.

Investing need judgement to take risk in order to be rewarded, doing it with business sense will help to get bigger picture, think as the business owner who run the business:

1. Is future prospect good (selling price & cost of raw materials)
2. Government policies supporting?
3. Market competition?
4. Utilisation of current production capacity? Max? or room to go?
5. Cash flow & financial position?

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-09-10 11:15 | Report Abuse

I learned charts & TA when was young, thought could read the action & reaction of the market & beat the market, thought I knew something that no one knew, ended up I woke up in the market, fish market. Became dried ikan bilis.

Since thousands of people were reading the same charts, could any one of them won the others? Sure one would became No.1, but all others sure die die.

rchi

20,941 posts

Posted by rchi > 2016-09-10 12:33 | Report Abuse

TA alone is never enuf.You hv to be able to cater for every or nearly every prevailing circumstances.If ta alone is enuf,every chartist will be rich.

rchi

20,941 posts

Posted by rchi > 2016-09-10 12:39 | Report Abuse

Like currently,dow dropped 400 fri,this will test the near term bottom of crc producers next week..once this bottom is found n when fed meeting is done wth...depending on dow reaction...u hv to know wat to do.

bonus2016

900 posts

Posted by bonus2016 > 2016-09-10 18:18 | Report Abuse

Monday is holiday, friday DJI dropped almost 400 pt, Monday maybe up 400 pt, goreng stock need to beware, good counter no much worry for long term, contra player may need to be concern.

MuttonCurry

1,192 posts

Posted by MuttonCurry > 2016-09-12 16:41 | Report Abuse

holland trip tomolo ... ?

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