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

Posted by Treasure_stalker > 2016-09-29 09:49 | Report Abuse

Sigmund1118, Thanks for your response =D

telusdansuci

1,695 posts

Posted by telusdansuci > 2016-09-29 09:54 | Report Abuse

Bila jatuh semuanya Uncle Koon punya pasal dan bila naik adakah kita terima kasih kepada uncle Koon ? Sepatutnya kena terima kasih pada uncle Koon , ya .

skyjet

537 posts

Posted by skyjet > 2016-09-29 13:45 | Report Abuse

Target price around 3.50

speakup

26,804 posts

Posted by speakup > 2016-09-29 13:47 | Report Abuse

what 3.50? RM8.88 lar!

nickyesh

197 posts

Posted by nickyesh > 2016-09-29 14:05 | Report Abuse

who is queuing to buy at RM 2 with 180 lot ?

blacksnake

321 posts

Posted by blacksnake > 2016-09-29 15:50 | Report Abuse

3.50 ?? so funny..... 2.50 duno can reach or no......

007

1,902 posts

Posted by 007 > 2016-09-29 17:16 | Report Abuse

if everything go smooth, it should reaches 2.5 by year end at least 30% upside

chl1989

2,552 posts

Posted by chl1989 > 2016-09-29 17:43 | Report Abuse

Agree with 007 :)

probability

14,490 posts

Posted by probability > 2016-09-29 22:19 | Report Abuse

Spread is now at: 764

Chelsea

223 posts

Posted by Chelsea > 2016-09-29 23:55 | Report Abuse

3503 cold and 2739 hot

pussycats

7,640 posts

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

nice swing, more swing. go go go . yeah

speakup

26,804 posts

Posted by speakup > 2016-09-30 14:01 | Report Abuse

the end of William Cheng.
next to be delisted: Liondiv then Lionind then Parkson

better fast fast sell.

007

1,902 posts

Posted by 007 > 2016-09-30 15:27 | Report Abuse

another steel mills close, huat la

blacksnake

321 posts

Posted by blacksnake > 2016-09-30 17:35 | Report Abuse

no buying power to push up.... just maintenance at support.... prepare for break 2.07 or will down again ? Monday we see..... hihihi

chl1989

2,552 posts

Posted by chl1989 > 2016-09-30 17:40 | Report Abuse

You will be very happy when you see nov report :)

HuatRex

2,617 posts

Posted by HuatRex > 2016-09-30 19:40 | Report Abuse

Will drop further. Look at the chart

ilovehits

3,955 posts

Posted by ilovehits > 2016-09-30 20:14 | Report Abuse

Will up further. Look at the chart.

Talk is very easy since no skills required. Good luck.

Posted by Mohd Fahmi Bin Jaes > 2016-09-30 20:18 | Report Abuse

KLCI ends Q3 on downbeat note, bomb hoax

KUALA LUMPUR: Blue chips ended the third quarter on a downbeat note on Friday as the FBM KLCI fell more than 17 points as market sentiment in Europe and Asia was buffetted by worries about Germany's Deutsche Bank and a confluence of negative news.

30 September 2016 | 6:12PM |

Corporate News

WB2F

330 posts

Posted by WB2F > 2016-09-30 21:14 | Report Abuse

ilovehits ha..ha... don't worry still long way before reach your cost. As you said my is 1.90 which I should be crying now.

WB2F

330 posts

Posted by WB2F > 2016-09-30 21:18 | Report Abuse

So far I do not thinks anyone here have the capability just by talking will made the market up or by talking down its will down.

chl1989

2,552 posts

Posted by chl1989 > 2016-09-30 22:10 | Report Abuse

Accept the fact that hrc & crc spread is widening. It simply means better earning margin. No brainer buy!

chl1989

2,552 posts

Posted by chl1989 > 2016-09-30 22:27 | Report Abuse

A few days? Are you sure? Haha. Go google the numbers yourself from jan-now. :)

pussycats

7,640 posts

Posted by pussycats > 2016-09-30 23:20 | Report Abuse

I am loving it.

pussycats

7,640 posts

Posted by pussycats > 2016-09-30 23:21 | Report Abuse

Have a kit cat. Cat is having an amazing time now. No fun, no life is the motto.

bestprice

33 posts

Posted by bestprice > 2016-10-01 06:27 | Report Abuse

Strong support, no big leg throw the stock.

probability

14,490 posts

Posted by probability > 2016-10-01 11:13 | Report Abuse

The research unit says local steel prices has always carry a premium about RM150 over China steel prices due to local manufacturers providing better service and consistency in product quality in which local civil consultants do not query vis-à-vis Chinese steel bars.

“Due to this newly implemented safeguard measure, we believe this premium of local steel bars against China steel bars would decrease as purchasers (contractors) demand for lower premium in order to save on the escalating costs,” it adds.

On steel outlook, Kenanga Research is positive on the steel sector as steel prices are expected to remain stable if China’s depleting steel inventory indicating risingdomestic demand there, closure of loss-making steel mills in China, and China governments’ strong commitment in reducing steelproduction capacity through consolidation of steel groups coupled with financial support of 100 billion yuan for worker retrenchment schemes.

“Hence, we expect our steel-rebar average selling price assumptions to be sustainable due to these reasons,” adds the research unit. On the other hand, Master Builders Association Malaysia (MBAM) strongly opposed to the safeguard measures for steel coils and rebars.

Its president Foo Chek Lee says MBAM fears that it could lead to uncontrollable prices of steel bars due to the absence of the free flow of imported steel.

A few months earlier, the price of steel bars had increased from RM1,500 per tonne in January 2016 to a record high of RM2,700 per tonne.

pussycats

7,640 posts

Posted by pussycats > 2016-10-01 18:20 | Report Abuse

have a kit cat . Happy weekend.https://www.youtube.com/watch?v=AO6Of2U2wgw

conman

1 posts

Posted by conman > 2016-10-01 18:23 |

Post removed.Why?

skyjet

537 posts

Posted by skyjet > 2016-10-01 18:51 | Report Abuse

Koon Yew Yin: I am buying it every day because I believe CSC Steel's profit will continue to increase.
What are you waiting for, buy fast, else miss this boat.

From article http://koonyewyin.com/2016/10/01/you-must-know-the-companys-business-before-you-invest/

k55s

109 posts

Posted by k55s > 2016-10-01 18:53 | Report Abuse

Why still no Bursa announcement KYY buying?

pussycats

7,640 posts

Posted by pussycats > 2016-10-01 19:04 | Report Abuse

Bcos KYY does not tell Bursa la.

pussycats

7,640 posts

Posted by pussycats > 2016-10-01 19:09 | Report Abuse

sharks behave like sharks. be happy sharks have not eaten enough. when, when, when → multimillion questions

VenFx

14,784 posts

Posted by VenFx > 2016-10-01 19:11 | Report Abuse

swing fast fast lor ...hihi

yeekarwai88

3,967 posts

Posted by yeekarwai88 > 2016-10-01 19:21 | Report Abuse

no.wonder share price.still.stand firm.

CharlesT

14,886 posts

Posted by CharlesT > 2016-10-01 19:47 | Report Abuse

Kyy's cousin is the auditor of xinquan, he went to visit their plants few times in China.....still the whole koon family went Holland with xinquan

CharlesT

14,886 posts

Posted by CharlesT > 2016-10-01 19:51 | Report Abuse

Koon was founder of mudajaya n he went out makan lunch with the CEO very often n he has some jv to supply coal to power plant in India n he told many people his insider tips that the plant will kick off soon few years ago

CharlesT

14,886 posts

Posted by CharlesT > 2016-10-01 19:54 | Report Abuse

Koon was invited by jtiasa boss to take a helicopter ride on their oil palm plantation n then promoted this co everyday in i3 as the most undervalued stock n then sold all his shares within few months times quietly

probability

14,490 posts

Posted by probability > 2016-10-01 20:01 | Report Abuse

hi murali..how are you?

CharlesT

14,886 posts

Posted by CharlesT > 2016-10-01 20:03 | Report Abuse

Lol bro probability not only got big heart but also got my heart

probability

14,490 posts

Posted by probability > 2016-10-01 20:48 | Report Abuse

charles...my 1 cents..

I think the argument of local Megasteel's impact to Csc steel is less significant compared to the Spread : CRC - HRC internationally....as brought out by Oldman

this is becoz...CSC steel have long ago (very long ago) stopped sourcing from megasteel and found their way with Chinese partnership..and selectively used different kinds of feed - raw material to get away from the huge Duty imposed and maintain their profitability.

So...there are other big big companies who are definite beneficiaries from Megasteel's closure..with the recent import duty changes...

On Choo Bee...that is just to distract focus...the volumes are peanuts for him to move any direction he wants.. it could also be used as cheap stock...to push up CSC steel indirectly later..we never know..

since these are big shots we are dealing with...one is purely interested in making money...the other is money plus ego involved...so i have decided i better keep my mouth shut...and go with the tides as many are here...

lets see the drama which will soon unfold..

CharlesT

14,886 posts

Posted by CharlesT > 2016-10-01 20:55 | Report Abuse

Bro I always like yr analysis....neutral n pro

pussycats

7,640 posts

Posted by pussycats > 2016-10-02 16:43 | Report Abuse

KYY probably bought shares under his wife, son(s) & daughter(s), son(s) in law or daughter(s) in law name. So how to report ?

I also bought shares under my husband, son(s) & daughter(s) name. So that, easy for me, no detection from... authorities.

WB2F

330 posts

Posted by WB2F > 2016-10-02 17:14 | Report Abuse

Pussycats wah lau dropped my spectacle. u orang kaya. Holding more than 5% ah. :)

WB2F

330 posts

Posted by WB2F > 2016-10-02 17:16 | Report Abuse

or u working inside I.e working as Executive Director, CFO, COO, CIO, CMO etc

WB2F

330 posts

Posted by WB2F > 2016-10-02 17:31 | Report Abuse

or special personal assistant

sell

2,456 posts

Posted by sell > 2016-10-02 17:41 | Report Abuse

Gan Thian Chin sold. Will it be like FL Bhd which KYY need to cut loss?

speakup

26,804 posts

Posted by speakup > 2016-10-02 18:07 | Report Abuse

dont trust Koon. many ppl got cheated by his calls last time, and got trapped in Jtiasa, Mudajaya, FLB, .... just to name a few.
I met him in person before, he's a nice guy. BUT when it comes to the stock market, he's RUTHLESS!!!! he can kill u!

Posted by buddyinvest > 2016-10-02 18:11 | Report Abuse

Hehe. Belum kena belum tahu.

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