Posted by Ahbeng11 > 2016-02-22 19:44 | Report Abuse

Congrat shareholder !!

Posted by ffforever > 2016-02-22 19:50 | Report Abuse

Hopefully fly tomorrow

Posted by YOLOOOO > 2016-02-22 19:51 | Report Abuse

Good job, those who followed 糊涂老大 one congratulation!

Posted by Fattchai > 2016-02-22 20:02 | Report Abuse

Heard will fly to 1.50

Posted by YOLOOOO > 2016-02-22 20:13 | Report Abuse

With such splendid result and 8 sen dividend, rm1.5 is not impossible

Posted by thesteward > 2016-02-22 21:22 | Report Abuse

result is SIMPLY SUPERB. Tom hope gap up kaw kaw. RM1.50 is looks more than possible! coupled with fantastic dividend!

Posted by Ymchan > 2016-02-22 21:48 | Report Abuse

If all of u read thru QR result, revenue drop but profit up substantially due to doubtful debt written back. Therefore, the stock price was push up by a group of people(insider) as they want to do profit play ..if u follow then u will be the great donator..actual eps in q4 is not 7, pls study QR carefully

Posted by thesteward > 2016-02-22 22:55 | Report Abuse

ya klse888, agree with you.

Posted by ffforever > 2016-02-23 18:29 | Report Abuse

Good stock. Pls up 2 cent everyday

Posted by paperplane2016 > 2016-02-25 09:31 | Report Abuse

the best proxy of steel recovery.

Posted by stockraider > 2016-02-25 09:37 | Report Abuse

Surprisingly good profit
Strong net cash
Good dividend & increasing
Despite poor steel environment, raider thinks due to msia govt imposition of anti dumping measure on steel.
CSC even without govt measures can still stand on its own

Posted by paperplane2016 > 2016-02-25 13:18 | Report Abuse

yes

Posted by paperplane2016 > 2016-02-25 20:22 | Report Abuse

Good div yield. Shld mkt recover, it will pay rm0.10 as during good times

Posted by 10bagger10 > 2016-02-26 10:29 | Report Abuse

Bought more at 1.27

Posted by YOLOOOO > 2016-02-26 13:12 | Report Abuse

8/127 = more than 6% dividend yield

Posted by 10bagger10 > 2016-03-01 22:02 | Report Abuse

U wan 1.23? Buy after ex date..

Posted by KG1967 > 2016-03-02 08:25 | Report Abuse

buy on this sleeping company?

Posted by 10bagger10 > 2016-03-02 08:54 | Report Abuse

U got any otjer div paying company better than this? I m listening.

Posted by 10bagger10 > 2016-03-02 23:52 | Report Abuse

Wowww d7zul pred8ction firstday reallt touched 1.31.. why so pro?

Posted by D7zul > 2016-03-02 23:55 | Report Abuse

Thanx 10bagger10
I'm using my own formula for my stock picks.

Posted by 10bagger10 > 2016-03-03 07:31 | Report Abuse

today will it go to 1.36?

Posted by 10bagger10 > 2016-03-07 11:52 | Report Abuse

D7zul, when go to 1.5?

Posted by wisdomtot > 2016-03-07 18:09 | Report Abuse

very quiet counter..despite taking out 1.31 today... next stop 1.39?

Posted by bugle > 2016-03-12 23:36 | Report Abuse

got it at quite attractive price. Now I think it's safe investment. I gave the hint at the right time few months ago, reproduced below.

bugle CSC Steel prepares for adverse conditions
Sources: The Edge Financial Daily | December 28, 2015

Some Highlights

"For the cumulative nine-month period (9MFY15), CSC Steel registered a net profit of RM26.08 million compared with a RM12.25 million net loss previously, while revenue fell 1.5% to RM775.44 million from RM786.96 million in 9MFY14.
...
“On top of that, due to fact that China Steel is our parent company, our orders usually enjoy a shorter delivery schedule, which is a kind of premium service, but the prices we pay remain at market rate,” he added.
...
“Last year, we declared a three sen (dividend) despite incurring losses. This year, I think we may reward our shareholders since we are making a profit,” he said.
28/12/2015 22:24

Posted by D7zul > 2016-03-14 15:17 | Report Abuse

10bagger10, All my TP is a minor resistance.. if it can't break it a few times, it will become a major resitance & u should sell immediately.
Now it have trouble breaking 1.31.. it should break that 1st b4 heading to 1.50

Posted by 10bagger10 > 2016-03-14 23:06 | Report Abuse

Break already.

Posted by D7zul > 2016-03-17 10:31 | Report Abuse

still struggling

Posted by 10bagger10 > 2016-03-19 16:28 | Report Abuse

Break already..

Posted by khchong78 > 2016-03-22 14:21 | Report Abuse

TODAY GOT 1.37

Posted by 10bagger10 > 2016-03-22 16:29 | Report Abuse

1.5 intact?

Posted by 10bagger10 > 2016-03-22 16:29 | Report Abuse

D7zul any advice?

Posted by KG1967 > 2016-03-23 08:05 | Report Abuse

up liao, this company cooking from cold to hot coils yea

Posted by Jack888 > 2016-03-23 11:25 | Report Abuse

8% dividend ....better than FD... I like it.

Posted by Johnson Wong > 2016-03-23 20:01 | Report Abuse

Steel is a 'MUST' construction material. GOOD for this year as many mega project will be kick off this year. DONT MISS this opportunity. ONCE IN LIFETIME to enter at this price below RM2 is TOO CHEAP. TP 3.0

Posted by erkongseng > 2016-03-24 16:13 | Report Abuse

CSCstel 5094 rm1.39 机会进入--
股息8sen ,dy=5.75% ,合理的dy=5%,股价=rm1.60 .
隆市基本面最佳的鋼铁股,净现金,趁此领域回春,把握进入良机.
2015 EPS=14.3SEN,PE=12，股价=rm1.71
估计2016 eps=20 sen,pe=12,股价=rm2.40

Posted by erkongseng > 2016-03-25 08:24 | Report Abuse

---冷眼组合中早己買入像annjoo,ssteel 的鋼铁股,就是看到此领域的复苏,主要是中国的减产,
虽然不包括cscstel ,但中鋼为马來西亞的龙头,论基本面属一流,优良的管理与技术将帶动公司取得佳积,
趁低rm1.39 进入,于28～6～2016 前进入享有8 sen 免税股息,13～7～2016 派发,
是理想的资本增值股,估计2016 年eps=20,pe=12,股价=rm2.40,供参考.

--避开出口股,马币回穩,选国内銷售对象股,
如鋼铁股(masteel,cscsteel,annjoo,ssteel,choobee),
木材股,補捉这轮原物料回春期.

进口减少扶持价格 中国钢铁业大裁员利大马
Published by 南洋网 at 2016-03-06 11:36:00

（吉隆坡5日讯）中国政府计划裁减煤矿与钢铁领域约180万名员工，致力控制产能过剩的举措，对大马钢铁业者是大好消息，一来中国廉价钢铁进口会减少，二来也可扶持疲弱多时的国际钢价。

根据路透社报道，中国政府日前宣布，为有效解决产能过剩问题，计划裁减180万名从事钢铁、煤矿业工人，其中，煤矿业占到130万人，钢铁业则有50万人。

此外，为了应对这波裁员潮，中国政府也已拨款1000亿人民币（636.94亿令吉），重新安置受到影响的工人。

中国早在1月初，就已经宣布新政策，进一步削减钢铁与煤矿的产量，包括：1）削减原钢产能高达1.5亿吨；2）大规模减少煤矿的产出。

中国政府管制供应，是为了减少国有公司产能过剩与员工过多的问题，包括了钢铁领域。

去年，中国生产的原钢产量，占了全球总产量的将近一半，达8亿400万吨。

不过，对于中国一连串控制产能的措施，大马投行分析员不以为然，因为在大肆压制钢铁领域的产能之际，也必须当心所将引发的失业与社会动荡问题。

减轻倾销问题

分析员认为，中国政府未来的任务仍然艰巨。

根据中国统计局，该国煤矿与钢铁领域的员工高达1200万人。因此，削减180万人相等于总员工人数的15%。

据悉，中国政府将会在本月提出更为清晰的政策，并决定下一步的举措。

至于大马方面，分析员认为，中国压制钢铁供应，可大幅激励我国的钢铁业者，因为过去3年，我国业者已经面对中国廉价钢铁进口的冲击。

在去年，我国从中国进口的长钢产品按年增长28%，导致本地长钢领域面对最严重的冲击。

因此，中国钢铁领域减产，除了能够直接缓和遭到倾销的本地市场，也可间接促进我国本地钢铁市场，因为国际钢价将可从低点反弹。

在等待中国政府公布更多详情之际，分析员维持钢铁领域“中和”的评级，以及安裕资源（ANNJOO，6556，主板工业产品股）“守住”的投资评级，目标价格为72仙。

网友jokerforever7分享--
Hi guys, I am working in steel industry and the supply of steel bar is getting lower and lower due to many steel factories in China shuted down, local steel bar are expecting to raise the price to rm2000+-, currently the price is around rm1650, steel price have been raised rm200 in 1-2 weeks and this will continue in the following weeks, don miss the boat, masteel can easily make 10-20mil profit in 1 quarter with the hike in steel bar
http://www.investalks.com/forum/forum.php?mod=viewthread&tid=121&pid=3835077&page=77&extra=#pid3835077

Posted by erkongseng > 2016-03-25 10:14 | Report Abuse

母公司中钢构（股票号码；2013）

http://www.twse.com.tw/ch/index.php

Posted by erkongseng > 2016-03-25 11:11 | Report Abuse

下列有糊涂兄完善的cscstel 分享,谢谢他的功课.
http://tengkhan.blogspot.my/search/label/CSC%20Steel

Posted by Johnsonwong > 2016-03-25 11:41 | Report Abuse

EUROPEAN STEEL PRICES ADVANCE IN MARCH
Mar 23, 2016 | WSN Admin | No comment | Steel Price News
00000000

European flat product transaction values rebounded, in March, as import pressure from non-EU suppliers declined.

In March’s issue of the European Steel Review, MEPS reports that European selling values increased, from relatively low levels, this month, after falling for much of last year.

Western European steelmakers announced their second price hike, since the start of the year. Buyers appear to be placing orders at the higher price level due to a lack of attractive import offers.

Quotations from Chinese mills rose significantly, this month. The introduction of preliminary antidumping duties on cold rolled coil from China and Russia also hampered import penetration from overseas suppliers.

In Germany, customers reported that order intake had improved. French service centres noted that flat product market activity remained firm, in March.

Positive price movements have been recorded in Italy. UK selling figures were boosted by improved distribution activity.

In Belgium, domestic figures are higher than those in February. Tighter supply availability lifted Spanish transaction values, this month.

Posted by Johnsonwong > 2016-03-25 11:48 | Report Abuse

Chinese steel mill bankruptcies are expected to begin choking capacity. As a result, steel supply will decline as overall global demand for steel in developed and emerging markets, such as China and Brazil are likely to continue growing year over year.

Posted by Johnsonwong > 2016-03-25 12:18 | Report Abuse

Steel Market Forecast for 2016 Slightly Optimistic

Steel market forecasts for 2016 call for a slight rebound in demand, which could boost depressed scrap metal prices.

Recovery is contingent upon consumption increasing in China, where demand and prices have dropped precipitously.

The World Steel Association (worldsteel) projects global steel demand to increase by 0.7 percent in 2016 after decreasing by 1.7 percent in 2015. “We expect the current headwinds to moderate in 2016 but this is based on a belief that the Chinese economy will stabilize,” World Steel Association Economics Committee Chairman Hans Jürgen Kerkhoff stated, in a release announcing the worldsteel Short Range Outlook 2015-2016.

Crude steel production declined by 3.1 percent in October in China compared to the previous year, mirroring a decrease of 3.1 percent in world crude steel production between the same periods, according to a worldsteel report on October 2015 crude steel production.

Steel prices have decreased by more than 33 percent in China in 2015, reaching a record low of 1,733 Chinese yuan (about $272) on Nov. 18. “With China producing 800 million tons of steel a year—four times more than any other country has ever produced—the sector is in severe overcapacity of some 400 million tons as construction slows in the world's second largest economy,” CNBC reported in an article on why China steel prices hit record lows.

Scrap metal prices have also plunged. Sims Metal Management cited a 30 percent drop in ferrous prices from mid-September to November in announcing cost-cutting initiatives for North American scrapyards on Nov. 18.

When do you expect scrap prices to increase? And what is your steel market forecast for 2016?

Tell us and we will let you know how your predictions compare to those of other recycling industry professionals. Click here to take our Scrap Market Outlook Survey and request a copy of the results.



Photo courtesy of worldsteel.
- See more at: http://www.scrapyardpro.com/Home/19/Steel-Market-Forecast-for-2016-Slightly-Optimistic-#sthash.JjuPxl2H.dpuf

Posted by Johnsonwong > 2016-03-25 15:39 | Report Abuse

Bought some at 1.38. Strong Support even market down and profit taking as usual take place for friday. Anticipated next week GOOD show ,wait and see

Posted by erkongseng > 2016-03-25 17:48 | Report Abuse

Johnsonwong ,thanks for share

Posted by erkongseng > 2016-03-27 20:00 | Report Abuse

5094 cascstel 为首选钢铁股,Qe后,为使通膨上升,势必推升原材料价格.

Posted by tomjohor > 2016-03-27 21:04 | Report Abuse

无可否認cscstel is good. But now my concern is: 中钢台湾的母公司卖给cscstel 的HRC 价格不再像以往般有优惠价,that means cscstel HRC cost is higher than usual. And, their staff monthly bonus incentive drop more than 50%. That's may b profit margin become narrow...

Posted by KG1967 > 2016-03-28 11:05 | Report Abuse

raw mat price up but dunno how to sale

Posted by elvingan > 2016-03-28 11:51 | Report Abuse

buy and hold long term...

Posted by erkongseng > 2016-03-28 16:53 | Report Abuse

Cscstel慢慢来希望ex 28~06~2016 前价位來到合理的rm1.60 ,dy=5%,股息8sen,哈哈 ,鋼铁股低迷了许多年,整个大盤才剛恢复向上,下來1,2年应有不错的表现,此股收住准備享受成果！

Posted by elvingan > 2016-03-29 08:44 | Report Abuse

buy and hold....tp RM 2.50

Posted by KG1967 > 2016-03-30 11:03 | Report Abuse

can keep until retire