Posted by tomjohor > 2016-07-18 12:51 | Report Abuse

Latest News, Corporate
CSC Steel good proxy to high dividend yield, says HLIB Research

By theedgemarkets.com / theedgemarkets.com | July 18, 2016 : 8:42 AM MYT

KUALA LUMPUR (July 18): Hong Leong IB Research CSC Steel Holdings Bhd (CSC) is a good proxy to high dividend yield (DY) seekers, especially in an environment of tepid earnings growth and ultra low/negative interest rates.

In a trading idea note today, the research house said that for the past 10 years, CSC was able to ride on the tough operating environment largely unscathed, thanks to its hands-on management, solid balance sheet, sound business structure, product acceptance and operational efficiency coupled with strong backing from its parent, China Steel Corp, Taiwan.

“Ex-cash of 76 sen, CSCSTEL is merely trading at 4.2x FY15 P/E, supported by average 10-year DY of 7.6%.

“In the wake of its grossly oversold daily and weekly indicators, CSC is likely to build a base near RM1.17-1.21 levels.

“A decisive breakout above RM1.28 will lift prices higher towards RM1.36-1.45 levels. Cut loss at RM1.16,” it said.

Posted by Ray Yong > 2016-07-19 17:24 | Report Abuse

Dividend 0.08 per share right ?

Posted by Tek88 > 2016-07-19 20:24 | Report Abuse

yup, divident 8sen per share already paid to account.

Posted by GG Dot Com > 2016-07-21 19:15 | Report Abuse

Please give me reasons to park my money in this counter?

Posted by tomjohor > 2016-07-21 19:50 | Report Abuse

Friend, u hv to find your own reason. Do some homework before you buy.

Posted by ffforever > 2016-07-22 17:45 | Report Abuse

Reason is obvious. As of today, performance is good for this year.

Posted by comebackisreal > 2016-07-24 18:29 | Report Abuse

privatise again.....??

Posted by ffforever > 2016-07-25 11:49 | Report Abuse

Sure or not... dont spread false news

Posted by YOLOOOO > 2016-07-25 12:37 | Report Abuse

ini optimushuat always spread BS here

Posted by YOLOOOO > 2016-07-25 13:49 | Report Abuse

And then he will delete his posts act like nothing happened

Posted by optimushuat > 2016-07-25 15:31 | Report Abuse

达业取消售地，中钢大马回吐盈利回拨。

Posted by Ivan Lim > 2016-07-25 21:20 | Report Abuse

where u get the news?

Posted by optimushuat > 2016-07-26 00:19 | Report Abuse

MR GAN THIAN CHIN

Posted by optimushuat > 2016-07-28 06:19 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5138349
The Board of Directors of CSC Steel Holdings Berhad ("CHB") wishes to inform that both parties to the Sale and Purchase Agreement ("SPA") had vide a Letter of Extension of Time dated 29 June 2016 mutually agreed to a further extension of time of thirty (30) days expiring on """30 July 2016""" for Tatt Giap Group Berhad (“TGGB”) to obtain the fresh redemption statement from Malayan Banking Berhad to enable TGGB to fulfill the conditions precedent Clause 2.1(b).

Run, Run Run Run !!!

Posted by ffforever > 2016-07-28 14:53 | Report Abuse

Why run. Good quarter result out soon.

Posted by Chan SauWei > 2016-07-28 23:18 | Report Abuse

Time to fly??? Today shoot high to 1.36.....

Posted by YOLOOOO > 2016-07-29 09:44 | Report Abuse

Dont listen to this optimushuat bs here, i guarentee you the coming qr will be superb, mark my words

Posted by optimushuat > 2016-07-29 11:14 | Report Abuse

wait and see, last day to completed agreement SnP, good luck!!

Posted by Diamond7 > 2016-07-29 14:47 | Report Abuse

Coming quarterly report will be good....

Posted by jmmartin > 2016-07-29 14:48 |

Post removed.Why?

Posted by Chan SauWei > 2016-07-29 18:08 | Report Abuse

Normally when the qr result release? ?
Mid of august? ?

Posted by Ray Yong > 2016-07-29 20:08 | Report Abuse

Darn, wish to collect more but ady over 1.3 ... fml

Posted by chiongster1234 > 2016-07-29 21:02 | Report Abuse

huat ah

Posted by Ivan Lim > 2016-07-31 20:37 | Report Abuse

BULLISH TREND ON FIRE

Posted by paperplane2016 > 2016-08-01 16:52 | Report Abuse

ALL STEEL going up like MADa

Posted by ffforever > 2016-08-01 17:56 | Report Abuse

At least 1.45 by next Q result

Posted by Chan SauWei > 2016-08-01 18:58 | Report Abuse

Trading alot at 1.37..
Waiting for time boom up... boooooom

Posted by optimushuat > 2016-08-08 09:21 | Report Abuse

Mr. Gan Thian Chin love you!

Posted by Chan SauWei > 2016-08-11 20:18 | Report Abuse

Mr. Gan keep continue sold...
Good sign?

Posted by chankp7010 > 2016-08-13 16:37 | Report Abuse

Despite Gan's disposal, the share price of CSC can still maintain and continue to make improvement.. Insiders and knowledgeable persons are now collecting before the forthcoming results soon to be released. time will tell if this is true.

Posted by Chan SauWei > 2016-08-13 20:29 | Report Abuse

Boom boom up...

Posted by Diamond7 > 2016-08-14 21:00 | Report Abuse

Excellently Good quarterly report will be out soon!!!

Posted by Lawrence Yip > 2016-08-14 21:13 | Report Abuse

Buy buy buy

Posted by HandOfMidas > 2016-08-14 23:04 | Report Abuse

buy now before it's too late. hehehe

Posted by YOLOOOO > 2016-08-15 12:22 | Report Abuse

Told u all to avg down when 1.24 already liao la

Posted by gg_gal > 2016-08-15 13:28 | Report Abuse

gonna boom up after qr result up guys. still dont wanna collect?

Posted by optimushuat > 2016-08-15 16:57 | Report Abuse

buy more struck more !

Posted by yeekarwai88 > 2016-08-15 18:44 | Report Abuse

aisb and. annjoo announce an outstanding result!!!

Posted by Chan SauWei > 2016-08-15 19:34 | Report Abuse

Today can't break 1.42...
Nvm..wait for qr result release. .

Posted by gg_gal > 2016-08-16 08:25 | Report Abuse

dont worry la. just prepare for it to shoot up. relax. once qr result out if you dont have.. you will cry.

Posted by Diamond7 > 2016-08-16 09:12 | Report Abuse

Wa....very, very strong support!!!
Any Good news????

Posted by gg_gal > 2016-08-16 09:48 | Report Abuse

hahah there will be great news bro. not only good.

Posted by ffforever > 2016-08-16 10:49 | Report Abuse

Excellent result!!! 1st target met 145... next will be 150...

Posted by Chan SauWei > 2016-08-16 12:53 | Report Abuse

All steel stock price up due to annjoo good qr result as reference. .dumb up...

Posted by Jack888 > 2016-08-16 13:06 | Report Abuse

very strong uptrend from now on....

Posted by YOLOOOO > 2016-08-16 13:33 | Report Abuse

Tp 1.8 atleast before the end of september

Posted by Diamond7 > 2016-08-16 15:31 | Report Abuse

undervalue, cash rich..........

Posted by Diamond7 > 2016-08-16 15:32 | Report Abuse

Will close high today...

Posted by Lawrence Yip > 2016-08-16 15:36 | Report Abuse

Qr out soon..

Posted by yeekarwai88 > 2016-08-16 16:02 | Report Abuse

gogogo!