Posted by RUOutOfUrMind > 2016-11-14 15:33 | Report Abuse

Price of CSC Steel has been going down even before the US election day. A rebound had seen price jumped back to 2.08 from 1.99 following surprise increase of Dow Jones the next day of US election, after that, price keep going down again.

What is the story behind?

http://klse.i3investor.com/servlets/stk/rec/5094.jsp

Posted by RUOutOfUrMind > 2016-11-14 15:35 | Report Abuse

My big concern is, why Koon man never said any word about the result of visit? Why price has been going down since the visit? Is he selling now?

OR the real picture is, CSC Steel is not as good as claimed by Koon man?

Posted by RUOutOfUrMind > 2016-11-14 15:38 | Report Abuse

If it is good, will you think Koon will not SING LOUD LOUD about this?

Posted by RUOutOfUrMind > 2016-11-14 15:39 | Report Abuse

Where is OTB? He claimed his clients were the only group who were buying when price was below RM2.

Since OTB is so close to Koon man, any words to defend on behalf of Koon? Mr Ooi?

Posted by 10bagger10 > 2016-11-14 15:44 | Report Abuse

RUOutOfUrMind, what is your buying price? u really think those who done their home work will buy higher than u?

Posted by RUOutOfUrMind > 2016-11-14 15:48 | Report Abuse

I saw this & I bought, sold all at 1.90 when someone came with the wind to say this is good.

How about you, 10bagger10?

http://klse.i3investor.com/blogs/wealth123/103741.jsp

Posted by RUOutOfUrMind > 2016-11-14 15:50 | Report Abuse

So you are right, many people bought from me. What do you think?

Posted by RUOutOfUrMind > 2016-11-14 15:52 | Report Abuse

10bagger10, what is your opinion on Koon man visit & price down since then?

Posted by ffforever > 2016-11-14 16:01 | Report Abuse

It is over heated above 2. Now time to consolidate. Until next QR. To decide further direction.

Posted by 10bagger10 > 2016-11-14 16:06 | Report Abuse

RUOutOfUrMind,

my buying price is around 1.2. sell some during high time. anyway juz bought a bit only the rest i will keep it for dividend income.

Posted by PlsGiveBonus > 2016-11-14 16:30 | Report Abuse

Operator wanna get margin calls
:)

Posted by blacksnake > 2016-11-14 16:47 | Report Abuse

third Q.R result maybe not excellent..... management already announce...... but last Q.R will be good..... so let us waiting the Q.R...... it will announce soon.......

Posted by LA777 > 2016-11-14 16:52 | Report Abuse

Blacksnake, when is the announcement? This Friday?

Posted by yeekarwai 95 > 2016-11-14 16:53 | Report Abuse

hope EPS at least 6sen
but look.the movement of share price,seem QR is not good.

Posted by PlsGiveBonus > 2016-11-14 18:42 | Report Abuse

Ssteel result is excellent

Posted by Invest1188 > 2016-11-14 18:44 | Report Abuse

Many lorries in out, business good

Posted by yeekarwai 95 > 2016-11-14 18:45 | Report Abuse

ya,hope csc announce.good QR as well.
by the way, today dropped.in share stock enlarge the bollinger.band,abit.dangerous.

Posted by PlsGiveBonus > 2016-11-14 18:47 | Report Abuse

Benefited from higher selling price and lower cost
Wonder how will it react

Posted by PlsGiveBonus > 2016-11-14 18:50 | Report Abuse

Any sell down is a good opportunity to accumulate
After the result is out, I think it won't be trading at this price anymore

Posted by PlsGiveBonus > 2016-11-14 18:52 | Report Abuse

Cscstel will need to prove it can expand its profit margin.

Posted by pussycats > 2016-11-14 19:13 | Report Abuse

what , no eye see. - ,, -

Posted by chankp7010 > 2016-11-14 19:15 | Report Abuse

Just look at Southern Steel QR, you can link to CSC coming QR to be even better, as CSC is more efficient and productive. Furthermore, CSC is cash rich and will soon reward patient shareholders handsomely

Posted by SP0094701 > 2016-11-14 20:04 | Report Abuse

yes tomorrow up again

Posted by myportfolio > 2016-11-14 22:46 | Report Abuse

SSteel provides HRC -----> GOOD RESULT
CSCSTEEL (main steel player) provides HRC -----> EVEN BETTER RESULT ?

What ya'll gotta say? :)

Posted by davidkkw79 > 2016-11-14 22:47 | Report Abuse

..... = = do u know what are you talking about?

Posted by calvintaneng > 2016-11-14 23:04 | Report Abuse

Posted by myportfolio > Nov 14, 2016 10:46 PM | Report Abuse

SSteel provides HRC -----> GOOD RESULT
CSCSTEEL (main steel player) provides HRC -----> EVEN BETTER RESULT ?

What ya'll gotta say? :)


davidkkw79
2932 posts
Posted by davidkkw79 > Nov 14, 2016 10:47 PM | Report Abuse

..... = = do u know what are you talking about?


Hahaha! So funny one here!

SSteel is in long steel while cscsteel is in flat steel sheets

See Southern Steel products

Southern Steel Berhad is a Malaysia-based company engaged in manufacturing of, sales and trading in billets, steel bars and wire rods. The Company's products include plain hot-rolled steel bars and high yield deformed hot-rolled steel bars for the reinforcement of concrete, low carbon steel wire rods, high carbon steel wire rods, as well as carbon steel wire rods for cold heading and cold forging. As of December 31, 2009, the Company had 12 direct subsidiaries, namely Southern Steel Holdings Sdn Bhd, Southern Steel Properties Sdn Bhd, Danstil Sdn Bhd, Southern Steel Trading Sdn Bhd, Southern Coated Wire Sdn Bhd, Southern Galvanised Wire Sdn Bhd, Southern Steel Solutions Sdn Bhd, Southern Steel Management Sdn Bhd, Southern Steel Mesh Sdn Bhd, Southern Wire Industries (Malaysia) Sdn Bhd, Southern Pipe Industry (Malaysia) Sdn Bhd and Southern Speciality Wire Sdn Bhd.

SSteel is into LONG STEEL BARS. Long Steel Bars are used as backbone inside MRT pillars & other infrar works. These Steel Bars & Billets are tough & heavy.


See CscSteel products

CSC Steel Holdings Berhad is engaged in the investment holding and provision of management services. The Company's operating divisions include cold rolled and galvanised steel products, investment holding and others. Its products include hot-rolled pickled and oiled steels, cold-rolled steels, hot-dipped galvanized steels and pre-painted galvanized steels (PPGIs). Its hot-rolled pickled and oil steels are applied in automotive wheels, strapping, tubing, racks and automotive inner stamping parts. Its cold-rolled steels are applied in electrical and electronic appliances, drums, steel pipes, automobile parts and office furniture. Its hot-dipped galvanized steels are applied in PPGI substrate, ceiling tee strips, door and window frames, steel nails, steel decks, trunks, trusses, home appliance casings, filter frames, expanded metals, satellite panels and microwave oven inner parts.

CscSteel is into FLAT Steel Sheets are used for making car doors, bonnets, fridge doors, tv metal panel & all things Flat.

Posted by hewiester > 2016-11-14 23:28 | Report Abuse

If management has stated sales will be conservative, expect conservative results. It simply means, results are not as profitable as before. So expect a slight bit of differences..

Posted by hewiester > 2016-11-14 23:30 | Report Abuse

I think that was the reason why many had sold this counter when it was at its peaked. Buy back low again when the 4th QR is good :)

Posted by PlsGiveBonus > 2016-11-15 00:12 | Report Abuse

One more week before quarterly result
Sell as fast as you can so I can buy more

Posted by Benjamin_8888 > 2016-11-15 00:13 | Report Abuse

Revenue better than before

Posted by younginvestor92 > 2016-11-15 09:50 | Report Abuse

Yeekarwai..... calm a bit, so gan jiong can't earn money one lah....just chill, profit not good nothing we can do.....just sit back calmly and accept.

Posted by yeekarwai 95 > 2016-11-15 09:56 | Report Abuse

macam roller coaster

Posted by KLCI King > 2016-11-15 11:18 | Report Abuse

Anyone realise what RUOutOfUrMind said?

RUOutOfUrMind 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/
14/11/2016 15:29

Posted by KLCI King > 2016-11-15 11:18 | Report Abuse

The price not sustainable at high could be someone is selling?

Posted by blacksnake > 2016-11-15 12:17 | Report Abuse

selling before Q.R.... so this few day share price maybe will 1.93-1.97....

Posted by yeekarwai 95 > 2016-11-15 12:26 | Report Abuse

waiting the incoming QR.
go BIG or go HOME!

Posted by PlsGiveBonus > 2016-11-15 13:08 | Report Abuse

Please drop 1.86

Posted by bing > 2016-11-15 15:08 | Report Abuse

Why 1.86?

Posted by yeekarwai 95 > 2016-11-15 15:21 | Report Abuse

fighting!

Posted by huikamcheong > 2016-11-15 15:53 | Report Abuse

The group of shareholders visited CSC steel company but the share price has no effects.

Posted by CharlesT > 2016-11-15 15:57 | Report Abuse

If only they accepted the oldman's love letter n learn how to goreng

Posted by PlsGiveBonus > 2016-11-15 16:34 | Report Abuse

Operator waiting for margin calls

Posted by chl1989 > 2016-11-15 17:36 | Report Abuse

everyone is concerned about q results. once it is out, ppl will rush in to buy. :)

Posted by ffforever > 2016-11-15 18:17 | Report Abuse

QR this week?

Posted by yeekarwai 95 > 2016-11-15 18:53 | Report Abuse

yes,this week

Posted by yeekarwai 95 > 2016-11-16 10:06 | Report Abuse

keep pressing down.

Posted by ffforever > 2016-11-16 10:29 | Report Abuse

Bad QR?

Posted by yeekarwai 95 > 2016-11-16 10:32 | Report Abuse

no idea.

Posted by LA777 > 2016-11-16 11:14 | Report Abuse

Over sold.

Posted by blacksnake > 2016-11-16 12:21 | Report Abuse

if this Q.R got 3sen EPS we need thanks god already......