CSC STEEL HOLDINGS BERHAD

KLSE (MYR): CSCSTEL (5094)

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Last Price

1.23

Today's Change

+0.01 (0.82%)

Day's Change

1.23 - 1.23

Trading Volume

30,000


9 people like this.

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

chl1989

2,552 posts

Posted by chl1989 > 2017-01-23 10:54 | Report Abuse

haha. good lah. touch 2.10 then rebound. higher low higher high. :)

Andry Ong

1,902 posts

Posted by Andry Ong > 2017-01-23 12:23 | Report Abuse

KYY to sell now? he will loose

lizi

1,968 posts

Posted by lizi > 2017-01-23 12:25 | Report Abuse

Uncle KYY cost berapa?

chl1989

2,552 posts

Posted by chl1989 > 2017-01-23 12:28 | Report Abuse

haha. chill la. trust no one except lexcts.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-01-23 16:16 | Report Abuse

not unlikely KYY selling....he is now changing directions to another stocks from cscsteel

lizi

1,968 posts

Posted by lizi > 2017-01-23 16:24 | Report Abuse

uncle KYY beli counter apa?

Posted by geoffreylee > 2017-01-23 16:34 | Report Abuse

cscstel sell treasury shares =.=

Ong_Ong

1,902 posts

Posted by Ong_Ong > 2017-01-25 12:12 | Report Abuse

why can't it go below 2.1

Yipman

391 posts

Posted by Yipman > 2017-01-25 12:18 | Report Abuse

Lol.. better accumulate now. otherwise you will miss the boat surrounding 2.1~

Posted by shareshareknowledge > 2017-01-26 16:11 | Report Abuse

HAPPY CHINESE NEW YEAR TO ALL CSCSTEL SHAREHOLDERS!!!!!

sarariman

267 posts

Posted by sarariman > 2017-01-26 16:27 | Report Abuse

happy cny!

Albukhary

3,001 posts

Posted by Albukhary > 2017-02-01 18:48 | Report Abuse

Why CSCSTEL drop so much in the past few weeks? Any specific reason?
1) Company sell treasury share?
2) KYY dispose?
3) Quarter result below expectation?

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-02-02 10:07 | Report Abuse

keep dropping

telusdansuci

1,695 posts

Posted by telusdansuci > 2017-02-02 10:55 | Report Abuse

Don't worry , they will buy back later . Steel counters is on the side line . Later will seems like Press Metal counter . CSC STEL and Pmetal tetap boleh .

stockraider

31,556 posts

Posted by stockraider > 2017-02-02 11:47 | Report Abuse

Csc extended run up....earlier....now consolidating loh....!!

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-02-02 11:51 | Report Abuse

hope incoming QR can maintain or outperform last.year.corresponding QR.

Invest1188

772 posts

Posted by Invest1188 > 2017-02-02 13:08 | Report Abuse

Hard to beat yr on yr, due special gain 16 million in last yr q4,

Invest1188

772 posts

Posted by Invest1188 > 2017-02-02 13:08 | Report Abuse

When announce lower profit, it will gap down, bye bye

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-02-02 14:10 | Report Abuse

ermmmm,you remind me a good point.
16.9M provision wirte-back on last year corresponding QR.
If CSCSTEL record around EPS7sen, look like lower EPS,however,it is a actual profit without help of non-operating profit.

JayC

1,302 posts

Posted by JayC > 2017-02-02 14:45 | Report Abuse

all counters up but CSCsteel is down!!! haizzzzz

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-02-02 16:39 | Report Abuse

zzzz

Tiger_shark

1,902 posts

Posted by Tiger_shark > 2017-02-02 17:03 | Report Abuse

selling of treasury share?

Noobies90

25 posts

Posted by Noobies90 > 2017-02-02 17:13 | Report Abuse

Big shark sell their share?

abang_misai

2,550 posts

Posted by abang_misai > 2017-02-02 18:52 | Report Abuse

Best time to accumulate. Stochastic oversold. Dividend stock.

chl1989

2,552 posts

Posted by chl1989 > 2017-02-02 20:10 | Report Abuse

lexcts, where r u? :)

Albukhary

3,001 posts

Posted by Albukhary > 2017-02-02 20:15 | Report Abuse

who is lexcts, why you keep looking for him/her?
He/she can help us to push CSCSTEEL to RM2.50?

chl1989

2,552 posts

Posted by chl1989 > 2017-02-03 00:19 | Report Abuse

go check his previous comments then you will know why :)

ooihk899

2,057 posts

Posted by ooihk899 > 2017-02-03 09:47 | Report Abuse

looks like bottom out already

speakup

26,800 posts

Posted by speakup > 2017-02-03 09:50 | Report Abuse

what bottom?

chl1989

2,552 posts

Posted by chl1989 > 2017-02-03 10:04 | Report Abuse

no need to speculate. wait for lexcts to reply :)

michaelwong

3,072 posts

Posted by michaelwong > 2017-02-03 10:41 | Report Abuse

All steel counters up slightly 2day

yeekarwai 95

3,967 posts

Posted by yeekarwai 95 > 2017-02-03 15:21 | Report Abuse

zzz CSC

HuatRex

2,617 posts

Posted by HuatRex > 2017-02-03 15:44 | Report Abuse

Stupid management

joetosh

191 posts

Posted by joetosh > 2017-02-03 15:49 | Report Abuse

sabar... sabar... wait for right time to reenter hehe...

chl1989

2,552 posts

Posted by chl1989 > 2017-02-03 16:04 | Report Abuse

dont get fooled by operators. haha

Posted by SharehlderOppression > 2017-02-03 16:32 | Report Abuse

Definitely operators behind this counter
One min big buy queue, next min an even bigger sell queue.

ctooi51

390 posts

Posted by ctooi51 > 2017-02-03 16:38 | Report Abuse

shares manipulator company..

Posted by shareshareknowledge > 2017-02-03 21:48 | Report Abuse

1) THE SHARE PRICE STARTED TO DROP WHEN THE COMPANY START SELLING
TREASURY SHARES. WHY DID THE COMPANY NEED TO SELL TREASURY SHARES
SINCE THEY HAD SO MUCH CASH?
2) THIS MONTH, QR4 RESULTS WILL BE OUT. IT WILL NOT BE BAD AND
DIVIDEND IS EXPECTED TO BE AROUND 12 SEN.
STILL THE SHARE PRICES HAD BEEN DROPPIMG FOR THE LAST 10 TRADING
DAYS.
3) IS THE HIGH NETWORK SIFUS SUCH AS UNCLE KOON AND MR. OTB NO LONGER
HAD CONFIDENCE IN THE COMPANY AFTER THE SELLING OF TREASURY SHARES?

KINDLY SHARE YOUR VIEW....

joetosh

191 posts

Posted by joetosh > 2017-02-04 00:33 | Report Abuse

monday up.... hihi

Sslee

6,229 posts

Posted by Sslee > 2017-02-04 08:45 | Report Abuse

Dear all,
I had the opportunity to asked KYY during his lecture.
Why CSCSTEL sell off their treasure shares at Rm 2.30 and since then the share are under the selling pressure?
His answered: “ The directors are professional managers appointed by the major share holder China Steel (Taiwan) thus these directors do not hold any shares in this company and their main concern is to make more money for the company and this extra money will be declared as dividend and repatriate back to Taiwan. Thus the share price movement is not of their concern.
It is still a very good dividend share but the share will move if the next Q is very good.”
Hopefully it will be very good.
Thank you

Invest1188

772 posts

Posted by Invest1188 > 2017-02-04 09:22 | Report Abuse

Sslee, when was the lecture

lizi

1,968 posts

Posted by lizi > 2017-02-04 10:40 | Report Abuse

seems like it means it is good price to encash.

Invest1188

772 posts

Posted by Invest1188 > 2017-02-04 11:41 | Report Abuse

Company is still very busy even operating during night and holiday

Sslee

6,229 posts

Posted by Sslee > 2017-02-04 14:42 | Report Abuse

On 26/1/2017 held at his house.

abang_misai

2,550 posts

Posted by abang_misai > 2017-02-04 15:22 | Report Abuse

Tq sslee.

The best part is that cscstel are run by professional, not by family members or directors who play shares. I do have a friend who works in cscstel Ayer Keroh and I was informed that their operation is 24hrs and the manufacturing activities were not shut down during CNY. I can sleep well with this type of stock.

Invest1188

772 posts

Posted by Invest1188 > 2017-02-04 16:53 | Report Abuse

Thanks ss lee

Invest1188

772 posts

Posted by Invest1188 > 2017-02-05 13:00 | Report Abuse

Many small players left

abang_misai

2,550 posts

Posted by abang_misai > 2017-02-05 13:37 | Report Abuse

How to win big if one keeps jumping from one canoe to another canoe? As long as you have done your homework well, you should not be too worried about the outcome. I have used the same approach for Gkent. I continue to hold Gkent for more than 1.5 years. Many have left but I still keep it as its growth is still intact. No reason to sell. I'm very confident cscstel can reach Rm3.00 towards end of 2017.

Posted by shareinvestor88 > 2017-02-05 15:36 | Report Abuse

Dear SSLee how can i attend KYY next lecture ?

chankp7010

614 posts

Posted by chankp7010 > 2017-02-06 10:35 | Report Abuse

CSC is selling treasury shares to increase Cash holding, but to do so in large quantities will depress market price. Just wonder if the Board is aware how destructive it is!

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