Posted by logic > 2017-02-20 17:28 | Report Abuse

Hopefully rotational play steel counters .... CSCsteel is next

Posted by chonghai > 2017-02-20 18:51 | Report Abuse

I consider CSCSTEEL and CHOOBEE undervalue. However, I will only buy CHOOBEE at the moment.
After Ah Pek sell I will consider buying. I don't want to sambut Ah Pek unloading!

Posted by trumpytrumpet > 2017-02-20 20:04 | Report Abuse

waaaa drop so much but no explanation......

Posted by logic > 2017-02-20 20:59 | Report Abuse

If no any significant -ve news , should cumulate when low.....with for sure 14 cents dividend as insurance why worry ..... hopefully Limit Up will make the market crazy....Iwild dream!!!!

Posted by logic > 2017-02-21 12:18 | Report Abuse

Investing
How CSC Steel can create more benefit for shareholders?
By Koon Yew Yin
Posted on January 3, 2017

Every business man has the ambition to list his company in the stock market so that he can sell the shares he has created. Successful listing of the company is like Bank Negara has issued him a license to print money.

So, selling his shares is as important if not more important than selling his product. Of course, he must be wanting to sell his shares at higher prices. The usual way is for the company to make more profit which is the most powerful catalyst to move share price. If the company can make more and more profit, its share price will also continue to go up.

In the case of CSC Steel, its share price seems to have reached its peak in spite of the fact that it has strong profit growth prospect and with about Rm 320 million cash in its account.

To break this price barrier I propose the following:

The company split its 1 share into 2 shares to create more shares to improve liquidity for trading.

After the share split, the company issue 1 bonus share for every 4 shares held by shareholders.

After the share split, the company issue 1 bonus convertible warrant for every 4 shares held by shareholders.

I am very sure its share price will go up if the company implements my proposal. All these corporate exercise are allowed by the Securities Commission which benefit all the shareholders without depleting the company’s cash. Giving out free warrants to shareholders is like giving them cash ang pau because they can sell the warrants in the open market.

Moreover, the controlling shareholder can increase his shareholdings by selling some of his shares to buy more warrants. For every 1 share he sells he can buy back 4 warrants.

Posted by logic > 2017-02-21 12:19 | Report Abuse

Waiting for this moment

Posted by isaac225 > 2017-02-22 18:50 | Report Abuse

special dividen 4ssen!

Posted by sarariman > 2017-02-23 12:07 | Report Abuse

total dividend how much?

Posted by sarariman > 2017-02-23 12:07 | Report Abuse

isn't it 14 cents in total?

Posted by Tiger_shark > 2017-02-23 12:13 | Report Abuse

1.88-0.14=1.74

Posted by logic > 2017-02-23 13:31 | Report Abuse

Foresee it will reach RM 2.10 at least then ex - 2.10-0.14=1.96
This is more logic and reasonable price for CSCsteel.....rational is this company debt free, cash rich , nta >2.10. plus steady business current and future . Most importantly waiting announcement of special bonus issue and good news

Posted by leon312214 > 2017-02-23 23:11 | Report Abuse

got around 7% dividend, not bad, can continue hold or buy

Posted by Beza > 2017-02-24 10:33 | Report Abuse

Sell first. You can't fight the downtrend. Buy back later after selling subside if you like this counter.

Posted by speakup > 2017-02-24 10:34 | Report Abuse

ah koon selling. u can't fight ah koon.

Posted by WaAdaLui > 2017-02-24 12:49 | Report Abuse

Come here to share my view, hope all sifu dun mine.

CSC is my supplier, My company business really really bad, since last yrs Oct until now.
Look at Astino ( one of the major customer of CSC ) last QR oso no good, profit -35%
If astino next QR Jan2017 (announce at Mar)
no good again, then u probably will know what gonna happen.

Hope this info will help.

speakup sifu is right, if ah koon selling, u better sell b4 him.

Wishing all sifus hav a happy weekend

Posted by leoting > 2017-02-25 15:00 | Report Abuse

钢铁第五报告之库存决胜篇! http://leoting81.blogspot.my/2017/02/blog-post_24.html

Posted by awp380 > 2017-02-26 11:10 | Report Abuse

leoting ( Good job )

Posted by stockraider > 2017-02-26 11:30 | Report Abuse

RECAPPED HOW CONMAN PROMOTED CSC WHEN IT IS AT ALL TIME HIGH LOH...!!
NOW WHEN LOW , WHERE IS HE ??

Investing
How CSC Steel can create more benefit for shareholders?
By Koon Yew Yin
Posted on January 3, 2017

Every business man has the ambition to list his company in the stock market so that he can sell the shares he has created. Successful listing of the company is like Bank Negara has issued him a license to print money.
So, selling his shares is as important if not more important than selling his product. Of course, he must be wanting to sell his shares at higher prices. The usual way is for the company to make more profit which is the most powerful catalyst to move share price. If the company can make more and more profit, its share price will also continue to go up. RAIDER SAYS WHY COMPANY CARE ABOUT SHARE PRICE LEH ? THE OBJECTIVE OF COMPANY IS VALUE CREATION...NOT MOVING UP SHAEEW PRICE MAH...!!

In the case of CSC Steel, its share price seems to have reached its peak in spite of the fact that it has strong profit growth prospect and with about Rm 320 million cash in its account. RAIDER IF SHARE REACHED THE PEAKED ...U DECIDE WHETHER TO HOLD OR SELL LOH...!! WHY GET THE COMPANY TO HELP U TO MANIPULATE THE SHARE PRICE AH ?

To break this price barrier I propose the following:

The company split its 1 share into 2 shares to create more shares to improve liquidity for trading.
After the share split, the company issue 1 bonus share for every 4 shares held by shareholders.

After the share split, the company issue 1 bonus convertible warrant for every 4 shares held by shareholders.
I am very sure its share price will go up if the company implements my proposal. All these corporate exercise are allowed by the Securities Commission which benefit all the shareholders without depleting the company’s cash. Giving out free warrants to shareholders is like giving them cash ang pau because they can sell the warrants in the open market. LUCKILY CSC NEVER LISTEN TO CONMAN KYY....IF NOT THEY WILL BE MORE VICTIMS TO KYY SHARE MANIPULATION LOH..!!

Moreover, the controlling shareholder can increase his shareholdings by selling some of his shares to buy more warrants. For every 1 share he sells he can buy back 4 warrants.AGAIN, ASK MAJOR SHAREHOLDER TO COLLUDE WITH HIM IN PLAYING CSC....AND TO TRADE THE SHARE LOH...!!
CONFLICT OF INTEREST MAH...I BET KYY HAS NO REMORSE LOH...!!

Posted by stockraider > 2017-02-26 11:33 | Report Abuse

PLEASE DON'T TAKE IT WRONG THAT CSC IS A LOUSY COMPANY LOH...!!

IT IS A GREAT COMPANY MAH....!!

NOW VALUE HAS EMERGED....IT IS WORTHWHILE TO CONSIDER BUYING LOH...!!

CASHFLOW GENERATIONS IS STRONG AND BALANCE SHEET IS GOOD LOH...!!

Posted by stockmanmy > 2017-02-26 11:33 | Report Abuse

KYY , unlike me would still have plenty of CSC.....He is no conman. His money is also on the line.

Posted by stockraider > 2017-02-26 11:34 | Report Abuse

HE IS JUST A CONMAN....HE ADVICE PEOPLE TO BUY...AND HE DISPOSES LOH...!!

Posted by stockmanmy > 2017-02-26 11:49 | Report Abuse

KYY is entitled to his style because it has been proven to be a successful formula over decades.

Posted by stockraider > 2017-02-26 11:59 | Report Abuse

Of course everybody is entitle to his style, but when one try to con...it is our right to reveal his dishonest action loh....!!

But whether the formula is successful or not ?
It depend on whether the con is successful or not for KYY loh....!!

Raider advise....invest stock, basing on businesslike action loh.....only invest when.. make sense to own the business loh....!!

This means when got big margin of safety mah....!!
In this way u don get conned loh.....!!

Posted by Up_down > 2017-02-26 12:01 | Report Abuse

You are wrong. They call it Noble intention. Lol

Posted by stockraider > Feb 26, 2017 11:34 AM | Report Abuse

HE IS JUST A CONMAN....HE ADVICE PEOPLE TO BUY...AND HE DISPOSES LOH...!!

Posted by stockmanmy > 2017-02-26 13:34 | Report Abuse

Intentions cannot be proven or disproven

What can be proven is KYY is vastly richer and more successful than the raider.

Posted by Up_down > 2017-02-26 14:51 | Report Abuse

We don't have to prove our intention but we can can feel now with our heart the intention of other whether it's noble or not.

Posted by stockmanmy > 2017-02-26 15:28 | Report Abuse

for you, up is down, down is up

not strange.

Posted by cheoky > 2017-02-26 15:42 | Report Abuse

I can also prove that stockmanmy is PLP uncle KYY. 101% confirm.

Posted by Up_down > 2017-02-26 16:04 | Report Abuse

we were not born yesterday. Many people know how you position yourself in i3.....with a very Noble intention.lol

Posted by ctooi51 > 2017-02-26 16:15 | Report Abuse

that is why some people can be richer than others.. there are lot of ways and methods to get rich.. some write blogs and some shares ideas thru forum while... to many to mentioned.

Posted by silom > 2017-02-26 16:16 | Report Abuse

hey guys, found some analysis on these companies, see if help ..

http://leoting81.blogspot.my/

Posted by stockmanmy > 2017-02-26 18:11 | Report Abuse

You guys under estimate KYY

My intentions are noble and profitable.

Posted by sniper123 > 2017-02-27 11:15 | Report Abuse

cheoky
wats d meaning of PLP? Sori I'm newbie

Posted by xjteh > 2017-02-27 11:20 | Report Abuse

can buy Csteel now? the answer is no. Csteel price action on 14/Feb, dead cat bouncing is exactly matched today KNM price action. However, I can see that CSteel now maybe near to the round bottom with support at 1.86, a break below 1.86 may lead it lower then.

Posted by stockmanmy > 2017-02-27 12:00 | Report Abuse

plp means being smart and confident



sniper123 > Feb 27, 2017 11:15 AM | Report Abuse

cheoky
wats d meaning of PLP? Sori I'm newbie

Posted by sniper123 > 2017-02-27 12:15 | Report Abuse

BRAVO stockman!!!
Rain or Shine lets profit from d share market!!

Posted by Tiger_shark > 2017-02-27 15:40 | Report Abuse

lao sai

Posted by xjteh > 2017-02-28 09:50 | Report Abuse

as mentioned yesterday, Csteel already dip thru its support at 1.86, downward movement continues. don't rush to get in

Posted by Tiger_shark > 2017-02-28 12:09 | Report Abuse

break 1.8 already, another down trend

Posted by Tiger_shark > 2017-02-28 12:22 | Report Abuse

I don't think it will hold because the import cost of HRC will continue to be high and if CSC to increase price, a lot of down stream players will ta pao. RM 1.5 probably will be a fair price

Posted by Sslee > 2017-02-28 23:01 | Report Abuse

Repost from JAKS
Dear all,
The financial report season for Feb 2017 is over. Many I3investor community are watching eagerly with vast anticipate on how is their investment performs in this important Q4.
Fortunes are make and loss in this short span of 18 trading days for month of Feb. The sentiment had changed from initial bullish to a little bearish as the month end.
Many investment masters (professional, self taught, amateur or newbie) and retailers in i3 have given their diverse and colorful comments in forum view which make a very interesting reading. The most talk about is still on Mr. Koon Yew Yin investment choice. His last year strongly recommended share CSC STEEL reported a poor Q4 EPS 1.68 cents and his latest buying into JAKS (Bursa announcement on 22/2/2017 and his further acquired announcement on 23-24/2/2017) have generate interest of many retail investors to follow suit as many expect Mr. Koon must have the inside information that Q4 result must be very good. What a big surprise when JAKS announce the Q4 EPS of -5.48 cents on 27-2-2017. A panic sale result in JAKS the following day with opening price Rm1.03 a drop of 20 cents from previous day closing or 37 cents drop from its record high of Rm1.40 on 15/2/2017.
For CSCSTEEL the share price have retreated from high of Rm2.32 on 11/1/2017 to Rm1.79 on 28/2/2017.
Note: After much contradictory call on GADANG last year, this year he had only wrote on his www.koonyewyiw.com to promote CSC STEEL, LATITUDE (Q2 EPS 32.92 cents), LIIHEN (Q4 EPS 11.40 cents) and CANONE (Q4 EPS 12.90cents), the danger of buying construction company shares and the rest on Malaysia Politics (Nation). Not a single article on JAKS
The question in mind now is has Mr. Koon lost his “MIDAS TOUCH”? Does his golden rule really work? Is he repeating his bad call of the past (JTIASA, MUDAJAYA and etc)? Will CSC STEEL and JAKS become his JTIASA and MUDAJAYA? Or his VS INDUSTRY and GADANG?
My guess is in his eagerness in living up to his past record as super investor his judgment may have clouded by his overconfident in CSC STEEL. The ability of cost passed over to CRC Steel (Semi finished product) customers when Raw Material HRC steel (Commodities) sudden increase in price.
And in JAKS case even-though he has his reservation in construction prospect he must be very bullish on JAKS IPP Project in Vietnam. (The timing of bursa announcement is extremely unfortunate)
The verdict whether Mr. Koon still has his “MIDAS TOUCH” or he has loss it, is still too early to conclude. Anyhow whether you love him or hate him? Please keep your comments in civil manner, no need for disparaging and uncalled for name calling.
Thank you

Posted by stockmanmy > 2017-02-28 23:12 | Report Abuse

sslee

let me tell you a secret.
In the long run both CSC and Jaks will do well financially and so will their shareholders.

It is not necessary that CSC and Jaks are the best in Malaysia......but to be super investor, it is necessary to conquer the self and to make a killing when right.

Posted by Albukhary > 2017-02-28 23:18 | Report Abuse

Both Mycron and CSCStel are in the same industry, using same material, any reason why Mycron still can maintain its profit, but CSCstel failed to maintain its profit?

Can anyone analyse and share with us the outcome?

Posted by stockmanmy > 2017-02-28 23:43 | Report Abuse

my interpretation.
in the case of CSC, there are higher objectives

but first, if you analyse properly, you find both have margin reduced and both shows record revenue in last quarter.
==============================================================
Both Mycron and CSCStel are in the same industry, using same material, any reason why Mycron still can maintain its profit, but CSCstel failed to maintain its profit?

Can anyone analyse and share with us the outcome?

Posted by Sslee > 2017-03-01 00:27 | Report Abuse

Dear Albukhary,
Good question. Will ask the CSCSTEL BOD for explanation during the AGM.
Thank you.

Posted by stockmanmy > 2017-03-01 00:52 | Report Abuse

The true answer or the Public answer?

The true answer lies some where in the Budgets and transfer pricing and long term customer relationship. Dividend is important and that is good. Their principal duty is to the holding company.

The public answer is in long term customer relationship.

Posted by Yipman > 2017-03-01 22:30 | Report Abuse

just miss to review csc for a day and suddenly rebound to 1.88 level. mistake for missing top up more.

Posted by geary > 2017-03-03 18:42 | Report Abuse

Management is consistent in paying dividend, wz its erratic free cash. Special dividend, that means around payout ratio if 60% of its TTM Free Cash. Fair value below 1.45, around its NCAV.

Posted by Yipman > 2017-03-10 10:29 | Report Abuse

dropping again.

Posted by LA777 > 2017-03-12 17:29 | Report Abuse

Downtrend stock.