Posted by WB2F > 2016-09-25 13:29 | Report Abuse

Difference investors have difference results even if they all invested same amount in same counter. Some gain more, some gain less but some loss. Greed & contentment level does play apart also. :D

http://klse.i3investor.com/blogs/koonyewyinblog/104557.jsp

There is nothing wrong to sell earlier because you are contented hence there also nothing wrong if you sell last maybe due to greed or contentment level is higher. Maybe also can result loss.

Posted by geary > 2016-09-25 16:02 | Report Abuse

Gd Pm! There are two characters in d stock market, Mr. Market n d not famous one Mr. Value! Mr. Value is hardworking, rational n seclusive. Mr. Market is here 5 days a week, very playful n entertaining. He is somehow we call him a stock Gigolo or an economic Gigolo! It is all up to our own temperament n discipline to treat Mr. Market as your servant and Not be a slave to Mr. Market. Read more d Intelligent Investor, it is by far the Best book on investing ever written. Happy investing! thanks!

Posted by bing > 2016-09-25 16:34 | Report Abuse

Wow! 股票哲理

Posted by WB2F > 2016-09-25 16:56 | Report Abuse

Who is our greatest enemy ? It is our self pity, inferiority complex

Posted by WB2F > 2016-09-25 16:57 | Report Abuse

Before we judge others first we must looks at the mirror. Ha..ha whether we look good :D

Posted by WB2F > 2016-09-25 16:59 | Report Abuse

Aiya forget to mention the fruit of inferiority complex that is PRIDE

Posted by Lulu La > 2016-09-25 17:40 | Report Abuse

sostupid always attack those counter has increased quite a lot...

Posted by Sslee > 2016-09-25 18:20 | Report Abuse

In malaysia you do not have any more counter like public bank where you can hold it for lifetime and still got very good returned. The general share are of seasonal dependent on many economic,government, fortune or misfortune of other that cause the share to sway up or down. If you have the ability to relate all these factors and time your entry and exist you will be a super investor. Nothing fall on luck do the homework.

Posted by Judgement > 2016-09-25 19:45 | Report Abuse

sostupid is like his name, so stupid.

Posted by bing > 2016-09-25 20:24 | Report Abuse

ok, yup.

Posted by bing > 2016-09-25 21:00 | Report Abuse

sostupid, 我看到你这一天半至目前还在每处尝试渡人。而且，都是在蛮好的股票forum里。

Posted by lenglui > 2016-09-25 21:06 | Report Abuse

If you can't convince them, confuse them..

Sostupid already achieved another level.. talking the language we are not understand.. let us know which counter we are good to invest in, instead of bring us round garden..

Posted by bing > 2016-09-25 21:08 | Report Abuse

坦白告诉你，近期内一但有steel字母的，不买才傻。

Posted by sharktank > 2016-09-25 21:15 | Report Abuse

his nick name already tell who he is, so stupid. why u all even more so stupid to listen to him leh...mua hahahha..

Posted by Lulu La > 2016-09-25 21:16 | Report Abuse

Haha..this sostupid got his own intention.He just come out and kacau and talk nonsense...if u wish can entertain him but dun be too serious..

Posted by sharktank > 2016-09-25 21:17 | Report Abuse

and those sour grapes will tell you cs stock price too high already and better go buy masteel as affordable and NTA is 2.50 while stock price only 0.895 and dt worry about its intrinsic value which is ( - 1.56 ) as it will start to make money to repay all the debts which is over few hundreds millions. mua hahaha..

Posted by Goldenblue > 2016-09-25 21:18 | Report Abuse

Follow sostupid,

You will be sostupid.

Follow smarter,

you will be smart.

Posted by sharktank > 2016-09-25 21:20 | Report Abuse

why Gan selling his shares now, of course he will sell some lah now all hot hot push up the price, he already waited sooooo many years mah.

but more bullish news is, the market in fact absorb all his shares and the stock price still edge up. this is a very good sign.

3.60 on the way. mua hahahah..

Posted by Equityengineer > 2016-09-25 21:23 | Report Abuse

Steel play just started and this CSC steel is the top guy on the steel industry, Its must have in portfolio, MA steel is good too but really the comparison between NTA to current stock price can't really means that its undervalued... PE, EV/EBITDA and DY.

Posted by ilovehits > 2016-09-25 21:27 | Report Abuse

It is better to share some information than just laughing mua hahahaha here.

CRC prices currently trading at very good prices. Last month the prices can maintain above rmb3500.

http://bancai.lgmi.com/html/201609/23/4901.htm

Posted by sharktank > 2016-09-25 21:32 | Report Abuse

because....I love it. mua hahaha.

so the price of CRC is uptrending, does it matter? no. Stock price matter though.

Posted by Sslee > 2016-09-25 21:41 | Report Abuse

I am a biginer and still learning on how to invest in share. I do not believe in get rich quick what my intention is to earn a better return on my saving. What I mean do the homework is beside reading all the investment guru book on share investment, one must also read the annual report of the compny understand their business and with information widely avalaible do also understand what are the factors (economy, political and etc) that cause the share to raise and if these factor turn negative then it is time to sale and buy back the share again if these factors turn positive. Nothing is permenent as things always change thus we need to change to suit the new reality. Anyhow thanks for the advice I do appreciate it and I do agree with your Gadang view.

Posted by tkk1127 > 2016-09-25 21:44 | Report Abuse

Why i choose cscsteel among all the steel company? 1. Earn money even in bad global steel price. 2. Strongest fundamental compare with all steel company as hold many cash $3xx million and able to face any potential issues. 3) closure of megasteel will bring some extra sales order to cscsteel as he is the 龙头 in that steel producer. 4. Good dividend return 5. Matched this year themes与钢共舞。
Hope upupup.

Posted by Kungsing Ting > 2016-09-25 21:45 | Report Abuse

Yup, steel trend just start only. And next qr sure very good also. No need to worry about it. Just analyzed graph for cscstel, 2.6 to 2.8 should be it resistance level. Once it pass through, I think we can see 3.3rm soon.

Posted by speakup > 2016-09-25 21:56 | Report Abuse

CSC was only 90sen about 1 1/2 years go, so it has more than doubled from its lows. But who cares? With the steel craze going on, many uncles & aunties are panic buying steel counters. Close eye....BUY!

Posted by bing > 2016-09-25 22:05 | Report Abuse

No need close eye, aunties & uncles now seldom 'playing' share, they play tvbox :d

Posted by Jarsaken > 2016-09-25 23:18 | Report Abuse

Price shot up a sudden since 1.44. Kyy wrote article at 1.7. So expect big player enter during that price. So if their average price is 1.50. They already earn 33percent at 2.00... I hope they are greedy and hunger for more! I haven't earn enough yet!

Posted by 007 > 2016-09-26 10:35 | Report Abuse

odi overbought, better relieve more

Posted by nekosan > 2016-09-26 10:47 | Report Abuse

tp 3.0

Posted by Kungsing Ting > 2016-09-26 11:08 | Report Abuse

Waiting next qr. Year end soon. I think a lot factory will reduce their production too.

Posted by bing > 2016-09-26 11:12 | Report Abuse

Sure a bit slow bcos too famous among all. Wait all others stock up to a certain level first.

Posted by yeekarwai88 > 2016-09-26 12:04 | Report Abuse

BULL

Posted by Nigel Low > 2016-09-26 12:27 | Report Abuse

* It was reported that Putrajaya is planning to impose duty rate of 13.9% and 13.4% on steel coils and reinforced bars respectively and the final determination is scheduled to be made within approximately six months starting from Sept 26th this year. *

Posted by kjk85 > 2016-09-26 13:09 | Report Abuse

the new duty rate will affect CSCSTEEL or not since their raw material are made of HRC ?

Posted by Invest1188 > 2016-09-26 14:03 | Report Abuse

Be careful

Posted by speakup > 2016-09-26 14:06 | Report Abuse

close eye..... BUY!

Posted by tkk1127 > 2016-09-26 14:43 | Report Abuse

It wont affect as the duty fee will charge to end product (Hot roll steel bar) and not HRC(Hot roll coil) (raw material).

Posted by Star8888 > 2016-09-26 14:48 | Report Abuse

Bought another 205K at 2.05 this afternoon. Will fly high very soon.

Posted by nekosan > 2016-09-26 14:50 | Report Abuse

me too, bought another 190k just now.

Posted by nekosan > 2016-09-26 16:20 | Report Abuse

fart. cut loss ...

Posted by chl1989 > 2016-09-26 17:17 | Report Abuse

LMAO. first time heard ppl cl on this good counter :)

Posted by ilovehits > 2016-09-26 17:28 | Report Abuse

Drop 2 cents cut loss, up 2 cents chase high. How to earn big?

Posted by PlsGiveBonus > 2016-09-26 17:29 | Report Abuse

Sell house sell car

Posted by ffforever > 2016-09-26 18:31 | Report Abuse

Don know wat say.

Posted by Yap FS > 2016-09-26 21:32 | Report Abuse

205k x RM2.05 = RM420,250.00 ... Very rich ....

Posted by Kungsing Ting > 2016-09-26 23:28 | Report Abuse

Game just start. No worry. Those who no confidence, can sell and let others to collect. No worry be happy. Make life easier.

Posted by gogogoplz > 2016-09-27 09:00 | Report Abuse

sell house sell car, and sell wife

Posted by bing > 2016-09-27 10:19 | Report Abuse

correction mode, will up anytime.

Posted by Jeff Lee > 2016-09-27 10:43 | Report Abuse

Steel players’ momentum could be short-lived

Author: Tan KW | Publish date: Tue, 27 Sep 2016, 09:45 AM

By Billy Toh / The Edge Financial Daily | September 27, 2016 : 8:37 AM MYT





This article first appeared in The Edge Financial Daily, on September 27, 2016.



KUALA LUMPUR: Steel counters are back in the limelight after the government announced provisional safeguard measures in the form of duties of 13.9% for steel coils and 13.4% for steel rebars imported into Malaysia. Earlier this month, the counters had also rallied in active trade on expectation that Megasteel Sdn Bhd’s suspension of its operation will benefit smaller players.

However, some analysts feel that the momentum could be short-lived as they are not convinced that the recovery in steel prices is sustainable.

The head of research at a local fund house said the steel price hike is likely to be temporary and has more to do with sentimental play than a change in its fundamentals.

“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.

“A lot of these recent hikes are due to sentiment play. Steel is a very cyclical sector and I don’t think any of that has changed,” he said.

Mercury Securities head of research Edmund Tham also thinks that the protection measures proposed by the government will not be beneficial to all parties.

“The fact that so many of the steel counters move, I think they don’t know what they are doing,” said Tham. “It’s not so straightforward that all these steel players will benefit from the safeguard measures proposed. I don’t see any sustainable movement at the moment.”

Inter-Pacific Securities Sdn Bhd head of research Pong Teng Siew said the increase in steel prices is mainly due to China’s move to cut its steel production capacity, but there is no certainty that this will last.

Pong noted that the construction projects in the country have not been able to help the steel players until China cuts its production. “We realise that steel prices have rebounded, but we are not very certain how long it will last,” he said.

Benny Lee, chief market strategist at Jupiter Securities, however, feels that steel players might benefit from the good growth in the construction sector as well as the weaker ringgit. He said steel prices could be sustainable in the next few quarters.

Lum Joe Shen of Kenanga Research has issued a report on Ann Joo Resources Bhd, switching the valuation to “outperform” with a higher target price of RM2.24. He said the research house is positive on the steel sector as steel prices are expected to remain stable despite the prolonged overcapacity issue in China.

Lum said China’s depleting steel inventory indicates rising domestic demand, closure of loss-making steel mills in the country, and Beijing’s strong commitment in reducing steel production capacity through consolidation of steel groups coupled with financial support of 100 billion yuan (RM61.9 billion) for worker retrenchment schemes.

Lum is also positive of the provisional safeguard measures issued by Putrajaya, saying it would boost Ann Joo’s steel rebars.

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.

“For me, I’ll look at the nine-day EMA (exponential moving average) line as the first defence. Once it drops below that line, you should take profit,” he said.

Most steel counters have risen sharply in the last three months, with Mycron Steel Bhd up by 123.53%, Ann Joo by 95.33%, YKGI Holdings Bhd by 95%, Malaysia Steel Works (KL) Bhd by 94.17%, Melewar Industrial Group Bhd by 86.15% and CSC Steel Holdings Bhd by 50.74%.

http://www.theedgemarkets.com/en/article/steel-players%E2%80%99-momentum-could-be-short-lived

Posted by PlsGiveBonus > 2016-09-27 10:43 | Report Abuse

Cheap sales today