CSC STEEL HOLDINGS BERHAD

KLSE (MYR): CSCSTEL (5094)

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Last Price

1.25

Today's Change

+0.02 (1.63%)

Day's Change

1.25 - 1.25

Trading Volume

1,900


9 people like this.

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

TomyamGong

4,156 posts

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

Steel counter will bound up strongly. Choose the cheapest one to buy. L....B

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-11-11 15:06 | Report Abuse

Worrying the result of cscstel......

chl1989

2,552 posts

Posted by chl1989 > 2016-11-11 16:19 | Report Abuse

you will be very happy when you see the results next week :)

hewiester

449 posts

Posted by hewiester > 2016-11-11 17:06 | Report Abuse

How much does Fong Siling holds in this counter? Anyone?

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-11-11 17:57 | Report Abuse

hope so la.

VenFx

14,784 posts

Posted by VenFx > 2016-11-11 18:01 | Report Abuse

Fong Siling , has reduced his share from Ssteel and add to Melewar's Daughter (Mycron).
He didn't own any Cscsteel. But, kyy has plan for Cscsteel.

Posted by Benjamin_8888 > 2016-11-11 18:03 | Report Abuse

3Q revenue is higher than previous :-)

SP0094701

654 posts

Posted by SP0094701 > 2016-11-11 18:09 | Report Abuse

result out ???

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-11-11 18:14 | Report Abuse

havent out.

Invest1188

772 posts

Posted by Invest1188 > 2016-11-11 21:00 | Report Abuse

Every day many lorries in out

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-12 01:20 | Report Abuse

Fong Siling want to buy cheap
:)
Don't dump to him

valuelurker

1,133 posts

Posted by valuelurker > 2016-11-12 02:37 | Report Abuse

There will be total freefall in 3-6 mths time like tek seng...hahaha everyone here is waiting for Q3 and unloading high to unsuspecting sheep

SP0094701

654 posts

Posted by SP0094701 > 2016-11-12 07:34 | Report Abuse

tekseng is another story ... cscstel is another can not compare ...

JN88

11,670 posts

Posted by JN88 > 2016-11-12 07:52 | Report Abuse

Up soon hold and wait.

chl1989

2,552 posts

Posted by chl1989 > 2016-11-12 10:34 | Report Abuse

wtf. you drunk? tekseng? you are comparing with a company in a totally diff industry? your account got hacked?

chl1989

2,552 posts

Posted by chl1989 > 2016-11-12 10:39 | Report Abuse

ppl bought tekseng purely becoz of its growth story. Price > rm1 for tekseng was not cheap if they cant sustain their growth. all of a sudden this idiot retrenched 200 over staff with immediate termination in 24h. which is 25% of its manpower. that y it dropped like end of the world.

hewiester

449 posts

Posted by hewiester > 2016-11-12 10:51 | Report Abuse

Q: Between Mycron & CSCSteel - which one you think is a better performing counter in spite of the fact that Fong Siling has a stake of 0.18% in mycron. Your view(s) please... if any?

Posted by Benjamin_8888 > 2016-11-12 11:01 | Report Abuse

Hewiester, personally I choose csc bcoz I have no friend or relative who work in mycron, but since many sifu here recommended mycron so I also bought little bit <0.9

WB2F

330 posts

Posted by WB2F > 2016-11-12 11:02 | Report Abuse

Posted by hewiester > Nov 12, 2016 10:51 AM | Report Abuse 

Q: Between Mycron & CSCSteel - which one you think is a better performing counter in spite of the fact that Fong Siling has a stake of 0.18% in mycron. Your view(s) please... if any?

----------------------'

Ans: First of all both counters I also invested. But I invested more in CSCSTEL because believed that CSCSTEL in future will perform much better in term of profit than Mycron

Posted by Benjamin_8888 > 2016-11-12 11:04 | Report Abuse

Me too, same as WB2F

chl1989

2,552 posts

Posted by chl1989 > 2016-11-12 11:14 | Report Abuse

did not study mycron in details. but cscsteel is the biggest and best managed coll-rolled steel company in msia. even willing to give dividend when it did not make any profit in fy2014. my capital is small. only vested in csc.

Posted by Benjamin_8888 > 2016-11-12 11:22 | Report Abuse

Fully agreed with u chl, csc is good and market leader in the country various support and good quality hrc from his mother

Yipman

391 posts

Posted by Yipman > 2016-11-12 11:28 | Report Abuse

what happen if the Q3 report is not as per expectation? will you all dump like hell? curious.

geary

6,354 posts

Posted by geary > 2016-11-12 11:30 | Report Abuse

Steel business is cyclical n very price competitive n China will not keep quiet cz hers' steel companies are bleeding also. A lot of consolidation going on maybe next year Mar or April. Even in Japan only less than 5 are surviving. China are restructuring her steel industries, n over here we Must do also, if not d competitors will bankrupt us. All these steel industries here must not be complacent, must upgrade n restructure. Businesses are very competitive, it is how to fight off all these competitors to survive. Dat we call it a durable competitive advantage company. Dat why to find d Right Business is really tough, dat why don't invest into company u don't really understand, let it past! Gd luck!

stockraider

31,556 posts

Posted by stockraider > 2016-11-12 11:37 | Report Abuse

Buying into cyclical business u must be tatical loh...!!
Alot of steel company had consolidated mah....!!
This is reason why steel company share price recover throughout the world bcos less players loh...!!

With msia as well of Donald trump emphasis on infrastructure steel business should be able to sustain the next 4 yrs loh....!!

CSC is a well manage company....at this price looks reasonable as a div yield play.

LA777

3,383 posts

Posted by LA777 > 2016-11-12 11:42 | Report Abuse

You dump, I collect lor.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-12 13:26 | Report Abuse

Report not good only sell
No need to be panic now
And I love to see panic seller who sell to me at 1.86 again

LA777

3,383 posts

Posted by LA777 > 2016-11-12 13:34 | Report Abuse

Yes. Me too.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-12 14:34 | Report Abuse

Hope to collect more at 1.86 until 1.90

Posted by Benjamin_8888 > 2016-11-12 17:29 | Report Abuse

Im happy for u if u can collect at 1.86 - 1.9

SP0094701

654 posts

Posted by SP0094701 > 2016-11-12 22:13 | Report Abuse

if Q not good as market expected , better run .....

manji

223 posts

Posted by manji > 2016-11-12 22:37 | Report Abuse

if qr not good too late to run lol

SP0094701

654 posts

Posted by SP0094701 > 2016-11-12 22:48 | Report Abuse

need to learn how to cut loss ... if not you will stuck another 8 years...need you see the trend of this steel company.... need you aware IFCA from few cen to rm 1.80 fly like rocket ... down also like rocket...

chl1989

2,552 posts

Posted by chl1989 > 2016-11-12 23:42 | Report Abuse

steel industry is cyclical. i agree. but ifca? you compare merz with a proton? drunk? csc fundamental much much stronger than rubbish ifca. come on lah. talk some sense.

chl1989

2,552 posts

Posted by chl1989 > 2016-11-12 23:43 | Report Abuse

you ppl compare csc with tekseng lah. with what cock ifca lah. you guys must have been drunk. complete diff industry. aduh.

ffforever

473 posts

Posted by ffforever > 2016-11-13 15:19 | Report Abuse

Accumulate on weakness. Good dividen stock.

RainT

8,448 posts

Posted by RainT > 2016-11-14 10:24 | Report Abuse

Good dividend ...are you crazy ...dy just 1% only

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-11-14 11:59 | Report Abuse

4% la,newbie

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-14 12:00 | Report Abuse

1.86 come sell to me
:)

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-14 12:06 | Report Abuse

Cold eye drooling to accumulate on weakness

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-14 12:47 | Report Abuse

Cscstel is the few plc that pay 50% dividend from its net profit, the coming dividend will be much better.

KowChye

181 posts

Posted by KowChye > 2016-11-14 12:54 | Report Abuse

Don't go or fight against the market. Market is going south at the moment and near future.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-14 12:55 | Report Abuse

Yes don't fight it
1.86 coming soon

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-11-14 14:06 | Report Abuse

waiting the result, hope EPS of QR can minimum reach 7sen.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-14 14:44 | Report Abuse

Next quarter result should be conservative

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2016-11-14 14:48 | Report Abuse

ya, sales will be conservative mention by the management.
but what is the meaning of "conservative", that's why i worrying now.

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-11-14 14:59 | Report Abuse

Can it outperform with low sales volume and higher steel price?

ffforever

473 posts

Posted by ffforever > 2016-11-14 15:19 | Report Abuse

Why 1.86?

Posted by RUOutOfUrMind > 2016-11-14 15:29 | Report Abuse

I thought Koon man visited CSC Steel on 3/11/2016, but he never said anything what was the outcome of the visit. He has been keeping quiet on this. WHY?

Price of SCS Steel has been dropping since then, he didn't buy? WHY?

Or in fact he has been selling?

http://koonyewyin.com/2016/11/09/1286/

Posted by RUOutOfUrMind > 2016-11-14 15:31 | Report Abuse

On behalf of the visiting group, namely Tan Kit Pheng, Yap Sung Pang, James Ong, Tey Kok Shin and Lee Soo Seng, (we own a total of more than 30 million CSC Steel shares), I would like to thank you for the hospitality extended to us during our visit to CSC Steel HQ on 3rd November, 2016. Our trip was very informative as it deepens our understanding of nature of business of CSC Steel.

I would like to congratulate the group for their excellent achievement in the past. The above meeting gave me a first-hand impression of how much CSC Steel could do to maximise the wealth of shareholders.

As discussed, the management should seriously consider employing professionals who have gone through the corporate exercises before. This facilitates the management to undertake the following corporate exercises which in turn will double or triple CSC Steel’s market capitalisation in the near future.

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