Posted by optimus9199 > 2016-11-16 17:34 | Report Abuse

who is TTB?>

Posted by Jon Choivo > 2016-11-16 17:35 | Report Abuse

ffforever,

Hmm, i still expect this year to be close to triple last year result, but next financial year, i think profit will be steady and not sudden icrease d.

Posted by Yipman > 2016-11-16 17:37 | Report Abuse

fforever, how abt this quarter sales up to date?
Does Cscstel achieve the revenue up to date?

Posted by 007 > 2016-11-16 17:41 | Report Abuse

time to top up more

Posted by blacksnake > 2016-11-16 17:48 | Report Abuse

management already said this Q.R conservative....... how can got EPS 6 - 6.5sen.........

Posted by PitBulL > 2016-11-16 17:49 | Report Abuse

First time heard no need compare to previous quarter, why the report show reason against preceding quarter? We should look at more perspective.
I'm just thinking crc steel recorded higher price, the profit should be better, but seems like they have dropped the sale due to higher price of the products.

Posted by PlsGiveBonus > 2016-11-16 17:50 | Report Abuse

Ask you buy just now don't want to listen
Now become sour grapes
:(

Posted by PlsGiveBonus > 2016-11-16 18:00 | Report Abuse

Remember dividend = 50% of eps
Expected dividend = 2.43+7.95+6.57+15= 32 eps

16 cents dividend coming
:)

Posted by Tempac > 2016-11-16 18:03 | Report Abuse

15c for last quarter? Don't be childish. Talk is very easy.

Posted by SmartyAlek > 2016-11-16 18:05 | Report Abuse

lol qoq drop still buy?

Posted by Tempac > 2016-11-16 18:08 | Report Abuse

I'm not saying that CSCSTEL not good. But 15c for last quarter, I think you are too optimistic.

Posted by SmartyAlek > 2016-11-16 18:09 | Report Abuse

qoq drop tml gap down la

Posted by bing > 2016-11-16 18:10 | Report Abuse

So many accountancy.

Posted by leon312214 > 2016-11-16 18:12 | Report Abuse

overall good report

Posted by PlsGiveBonus > 2016-11-16 18:23 | Report Abuse

If tomorrow 1.86 I very happy to buy 10 lorry full

Posted by JeanL > 2016-11-16 18:24 | Report Abuse

gap up tomorrow. plsgivebonus i dobnt think u have chance to buy at 1.86.

Posted by VenFx > 2016-11-16 18:25 | Report Abuse

2.20 on the card.

Posted by PlsGiveBonus > 2016-11-16 18:28 | Report Abuse

I wait this week everyday also cannot get 1.86
:(
Operator very good don't want to press down

Posted by MRapolo > 2016-11-16 18:28 | Report Abuse

Why argue the result good or not, if you think good then just hold or buy more, if you think bad then just sell or ignore this company..........I will buy 20 lorry if drop to 1.86

Posted by valuelurker > 2016-11-16 18:33 | Report Abuse

So so so many, are going to get killed in the next 1-2 quarters

Posted by PlsGiveBonus > 2016-11-16 18:44 | Report Abuse

May be next quarter also is conservative and get 7 eps

2.43+7.95+6.57+7=24 eps

Dividend 12 cents
Still not so bad

Just hope the doom hit on the company so they need to be conservative again
:)

Posted by ffforever > 2016-11-16 18:47 | Report Abuse

Current quarter prospect already hinted in qr. Yes still good for dividen play. Only buy on weakness.

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

Lower sales during 3rd Q for all years were mainly due to bulan ramadan & hari raya. So lower sales if compared to previous Q was already expected & management had clearly stated in previous Q explanation notes.

Please check it out yourself to confirm it. Current Q sales & profits were within my expectation. So, let's see how market responds to the results tomorrow.

Posted by younginvestor92 > 2016-11-16 19:25 | Report Abuse

tak tahan.... everytime Mr.Koon call to buy any shares, the forum confirm got many goreng people join the discussion and then many stupid comments, see also enough to facepalm 100 times...... up 137% also want complaint. I wonder this is business or gambling table zzz

Posted by moneySIFU > 2016-11-16 20:16 | Report Abuse

Why MALAYSIA SMELTING CORPORATION will be my largest exposure of stocks in 2017 (paperplane2016)
http://klse.i3investor.com/blogs/moneymoney/108898.jsp

Posted by gojirakingkong > 2016-11-16 20:29 | Report Abuse

this is what expected Q3. a lil disappoint if you ask me. let's see how tomorrow

Posted by muscular > 2016-11-16 20:33 | Report Abuse

Profit drop qoq, fuly valued.. Sell

Posted by myportfolio > 2016-11-16 20:33 | Report Abuse

Looks like 4th Q will be a better quarter - BUY !

Extracted from The Edge:
CSC Steel said its steel products in the first two months of the fourth quarter have seen improvement over that of the third quarter due to restocking activity and in anticipation of increasing prices.

"The price of our raw material, hot rolled steel coil, has been trending upwards since the later part of the second quarter due to increases in prices of coking coal and iron ores," it said, expecting the trend shall persist until the end of this year.

Hence, it added that its fourth quarter performance is dependent on its ability to pass on the cost increases to downstream customers.

"Barring any unforeseen circumstances, the group expects to achieve reasonable profitability for the rest of the year,"

Posted by 007 > 2016-11-16 20:48 | Report Abuse

dividend 12sen equivalent to 6% wow

Posted by paperplane2016 > 2016-11-16 22:31 | Report Abuse

This stock pay food div when not good, really good management.

Posted by Lulu La > 2016-11-16 22:31 | Report Abuse

I am laughing with those say this qr profit vs previous qr is dropping..pls go read the report as management already said q3 result is normally lesser...

Posted by Invest1188 > 2016-11-16 22:53 | Report Abuse

Many lorries in out everyday including weekend

Posted by Sigmund1118 > 2016-11-16 23:36 | Report Abuse

Price : 1.99 vs NTA 2.18, annualised EPS 24 cent and expected div : 12 cent min . If base on DY 5% , the projected value price should be rm2.40 . Overall : this is good result and fundamental for csc steel is still remain very strong .

Posted by C Ng > 2016-11-17 00:06 | Report Abuse

Excellent result, management has even given visibility of the next 4th quarter earning will be good, investors like this type of stock and management. Congrats to all share holders!

Posted by bing > 2016-11-17 04:04 | Report Abuse

congrats what lah, till now 1.99 only.

Posted by shareinvestor88 > 2016-11-17 05:46 | Report Abuse

QonQ profit down. Expect sell down

Posted by optimus9199 > 2016-11-17 07:31 | Report Abuse

KYY effect?

Posted by SmartyAlek > 2016-11-17 08:36 | Report Abuse

sharks detected. cheat uncle punya counter. queue 200 shares at 2.03 to jack up opening.

Posted by newbird33 > 2016-11-17 08:55 | Report Abuse

Be careful, Q on Q EPS has dropped. Management has warned about uncertainty in passing the higher cost to customers in Q 4, so it may be worse in Q4.

Posted by nicky11 > 2016-11-17 09:02 | Report Abuse

Actually management already clearly stated this QoQ is expected drop due to low sale and Q4 is expecting better. The thing that investors worried for is what is the EPS value from their conservative forecast.

Posted by Ahbeng11 > 2016-11-17 09:04 | Report Abuse

3 qtr is slow, management already annouce this last qtr, so all this is within expectation, why worries ?

Posted by kkchoo79 > 2016-11-17 09:07 | Report Abuse

fly fly fly, fly to the sky

Posted by nicky11 > 2016-11-17 09:09 | Report Abuse

Personally feel the management from this company was done a good job which never give a unreality business prospect to push up the stock price. They want us to decide by our own whenever to hold or buy.

Posted by calvintaneng > 2016-11-17 09:10 |

Post removed.Why?

Posted by kkchoo79 > 2016-11-17 09:10 | Report Abuse

don't stop, keep going.

Posted by younginvestor92 > 2016-11-17 09:39 | Report Abuse

i just wait and collect divided XD......

Posted by Poka ty > 2016-11-17 09:40 | Report Abuse

when will dividend probably announced?

Posted by PlsGiveBonus > 2016-11-17 09:56 | Report Abuse

PER only 8
Still very cheap
Yesterday didn't buy today can buy some

Posted by Chang Wt > 2016-11-17 11:22 | Report Abuse

remember one of kyy's golden rule is that he will buy more aggresively once there is EPS growth?

better buy now before he starts to buy agrresively

Posted by blacksnake > 2016-11-17 11:25 | Report Abuse

cant stand above 2.10 ........... but still can hold for last Q.R come out and wait the dividend ...........
next move up maybe will happen in next year ......... if this year can close at 2.20 above is nice result already ...........