Posted by smartag > 2020-03-27 16:10 | Report Abuse

Commodities price dropped, steel price will follow drop soon.

Posted by calvintaneng > 2020-03-27 16:12 | Report Abuse

Recession coming

Sell Cscsteel as car sales expected to drop

GO BUY NFCP STOCKS LIKE NETX OPCOM AND REDTONE DUE TO GOVT FIBERISATION THRUST

Posted by smartag > 2020-04-01 12:58 | Report Abuse

Market sentiment improved, share price recovery

Posted by didi2005 > 2020-04-01 21:40 | Report Abuse

Perhaps due to Urusharta Jamaah finish selling~~~

Posted by funda8 > 2020-04-03 11:42 | Report Abuse

becareful with the trading blocks.. suddenly all selling...

Posted by James Ng > 2020-04-14 08:49 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-04-14-story-h1505956086.jsp
[转贴] [CSC STEEL HOLDINGS BHD：本地市场销售量和高利润产品的销售组合改善，以及HRC和运营成本有利的优势] - James的股票投资James Share Investing

Posted by funda8 > 2020-04-16 12:12 | Report Abuse

I agree with James about the prospect of CRC in Malaysia but the problem of this company requiring to buy all the HRC as raw material from the parent company is still a big problem for minority shareholders....

Posted by funda8 > 2020-04-16 12:15 | Report Abuse

everywhere is dumping steel and they claimed to have rising material cost...

Posted by factorrumour > 2020-04-16 20:49 | Report Abuse

james is just a news reporter, he read out news articles or investment bank published market outlook only

Posted by CatchThe Bull > 2020-05-13 13:53 | Report Abuse

Any dividend for this year?

Posted by Kheone > 2020-05-15 13:43 | Report Abuse

Anjoo or cscsteel? Which one is better?

Posted by funda8 > 2020-05-18 10:10 | Report Abuse

waiting for cscstel to give dividend really difficult.. so long between the ex and payout.. then after consolidation big price correction... every year also like that...

Posted by didi2005 > 2020-05-18 21:56 | Report Abuse

A final single tier dividend of 6.6 Sen per share for the financial year ended 2019 had been recommended
by the Board of Directors in their previous board meeting which was announced on 28 February 2019
for the approval of the shareholders at the forthcoming Annual General Meeting of the company.
The dividend declared and recommended by the directors comply with the Group’s dividend policy of
distributing at least 50% of the Group’s profit after tax.

Despite MCO lockdown, still can make profit, NTA RM2.25, Net Cash RM204mil~~~

Posted by aliyusof > 2020-05-19 12:48 | Report Abuse

Didi 2005, i could not find above information on 6.6 sen dividend for year ended 2019. Only saw 4 sen declared for year ended 2018, in Bursa announcement. Can please kindly help to enlighten me. Tqvm

Posted by King > 2020-05-19 14:52 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3029036

Posted by aliyusof > 2020-05-19 16:08 | Report Abuse

Thank you very much, King

Posted by didi2005 > 2020-05-19 19:32 | Report Abuse

Based on history, dividend ex-date usually fall on June, payment July

Posted by stockraider > 2020-05-19 19:34 | Report Abuse

Very good & decent mah...!!

OTHERS Proposed a Final Single Tier Dividend of 6.6 sen per share for financial year ended 31 December 2019
CSC STEEL HOLDINGS BERHAD

Type Announcement
Subject OTHERS
Description Proposed a Final Single Tier Dividend of 6.6 sen per share for financial year ended 31 December 2019
The Board of Directors of CSC Steel Holdings Berhad ("the Company") is pleased to propose a final single tier dividend of 6.6 sen per share in respect of the financial year ended 31 December 2019 for the approval of the shareholders at the forthcoming Annual General Meeting of the Company. The proposed entitlement and payment dates for the final dividend shall be determined at a later date and announced accordingly.



This announcement is dated 28 February 2020.

Posted by EatCoconutCanWin > 2020-05-20 08:48 | Report Abuse

csc steel innovating super smart intelligence steel sanitizer fighting covid-19

Posted by XUXNN > 2020-05-22 09:42 | Report Abuse

@EatCoconutCanWin
new product development? how it affect to the stock price?

Posted by King > 2020-05-23 09:51 | Report Abuse

Final Dividend 6.6sen with ex-date on 25/06/2020 DIV yield more than 8%. after Hari raya big jump.

Posted by ayamSG > 2020-05-26 14:39 | Report Abuse

https://www.tradingview.com/chart/CSCSTEL/w36mwX5N-CSCSTEL-Bullish/

Posted by calvintaneng > 2020-06-11 00:31 | Report Abuse

CSCSTEEL (5094) The Flat Steel Company that will benefit most from Reduction of Car Tax & Property Gain Tax, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-11-story-h1508727494-CSCSTEEL_5094_The_Flat_Steel_Company_that_will_benefit_most_from_Reduct.jsp

Posted by calvintaneng > 2020-06-11 08:58 | Report Abuse

Glove bull run has one catalyst >> Covid 19

Catalysts for Cscsteel are

1. Tax free for cars Boost flat steel

2. Rpgt tax free will boost building of houses

3. Tax free for Foreign Direct Investment will boost setting up of many new factories

So cscsteel has 3 CATALYSTS!!!

Posted by jjohnchew > 2020-06-11 10:46 | Report Abuse

Ho ho cold rolled sheet reprocess from hot rolled sheet only for certain JIS standard.

Posted by jjohnchew > 2020-06-11 10:53 | Report Abuse

KUALA LUMPUR (Jan 21): Perusahaan Otomobil Kedua Sdn Bhd (Perodua) sold 240,341 vehicles in 2019, the highest annual sales figure the local automobile marque has ever recorded.

>>>>


Rawang, 2 June: Perodua has closed the month of May 2020 with 7,886 cars sold, bringing its year-to-date (YTD) sales total to 52,920 units. Against an estimated YTD total industry volume of 129,401 units, this nets Perodua a 41% YTD market share.

Posted by jjohnchew > 2020-06-11 10:55 | Report Abuse

2020 will be better than 2019 ????

2019 : 240,341

2020 ( until May , 5 months ) : 52,920

Answer is NO.

Posted by jjohnchew > 2020-06-11 11:28 | Report Abuse

Urusharta Jamaah is keep selling shares since early March2020 , ceased to be substantial shareholder on 31/3/2020 , from above 5 % to 1 % ..


31 Mar 2020 CSCSTEL Notice of Person Ceasing (Section 139 of CA 2016) - URUSHARTA JAMAAH SDN. BHD.

Posted by stockraider > 2020-06-11 12:44 | Report Abuse

Also high speed rail and ECRL jalan & going to full speed mah....!!

Posted by calvintaneng > Jun 11, 2020 8:58 AM | Report Abuse

Glove bull run has one catalyst >> Covid 19

Catalysts for Cscsteel are

1. Tax free for cars Boost flat steel

2. Rpgt tax free will boost building of houses

3. Tax free for Foreign Direct Investment will boost setting up of many new factories

So cscsteel has 3 CATALYSTS!!!

Posted by calvintaneng > 2020-06-11 16:19 | Report Abuse

Best time to buy on weakness now!!!

Posted by jjohnchew > 2020-06-11 18:00 | Report Abuse

HSR is a big big ? mark .

Posted by Jabami > 2020-06-12 01:13 | Report Abuse

Dow Jones Industrial Average dropped −1,435.48 (5.32%) crude oil dropped 9.19% wow another meltdown?

Posted by calvintaneng > 2020-06-12 08:29 | Report Abuse

CSCSTEEL ALSO ANOTHER TSUNAMI SHELTERED STOCK WITH HIGH NTA AND HIGH NET CASH

See https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-06-12-story-h1508755232-DOW_JONES_CRASHED_BY_1_800_POINTS_BUT_I_SLEPT_THROUGH_IT_VERY_WELL_WHY_.jsp

Posted by jjohnchew > 2020-06-12 09:37 | Report Abuse

Ho ho 1 post actor is surface ..

Posted by calvintaneng > 2020-06-12 09:41 | Report Abuse

You can't argue against Cash

Cscsteel has more than 67 sen net cash while jjohnchew zelan has Rm550 millions debt bomb

Posted by jjohnchew > 2020-06-12 09:45 | Report Abuse

referred to the link : ASC2018 , Production = 39 % , Imports = 73 % , Exports = 12 % .

Posted by jjohnchew > 2020-06-12 09:49 | Report Abuse

KUALA LUMPUR (Dec 26): Malaysia has imposed anti-dumping duties of between 3.84% and 26.39% on iron or non-alloy steel-based cold rolled coils with a width of more than 1,300m imported from China, Japan, South Korea and Vietnam to address unfair trade practices.

Malaysia's Ministry of International Trade and Industry (MITI) said in a statement today the government decided to impose the final affirmative anti-dumping duties after concluding the anti-dumping investigation concerning imports of cold rolled coils.

"The Royal Malaysian Customs Department will enforce the collection of anti-dumping duties and this measure will be effective for five years, from Dec 25, 2019 to Dec 24, 2024. With the imposition of anti-dumping duties on imports of subject merchandise from the alleged countries, it is expected that the issue of unfair trade practices will be addressed.

Posted by jjohnchew > 2020-06-12 09:52 | Report Abuse

Mega project will use longer width ? our normal sizes in the market are 1218 x 2438 .

Posted by jjohnchew > 2020-06-12 09:56 | Report Abuse

mother coil is in 1218 mm width , 20 ton per coil . it can be slit into baby coil with required width based on customer demand .

Posted by AhHuat01 > 2020-06-12 09:57 | Report Abuse

does this mean it will benefit the local steel manufacturer ??

Posted by jjohnchew > 2020-06-12 10:01 | Report Abuse

How is the steel industry performance? Recently Lion Industries is selling Antara Steel Mills .

Posted by jjohnchew > 2020-06-12 10:10 | Report Abuse

Referred to Zelan FY19 4Q as at 31/12/2019 , Borrowings :

Secured Term Loan = AED 84,806,000 = RM 94,491,000

Secured Islamic Financing = RM 452,957,000

Unsecured Hire Purchase = RM 267,000

Total = RM 547,715,000 .

Meena Plaza Abu Dhabi project loan amount balance = RM 94, 491,000 as impairments is carry out along the years .

As said IIUM final project cost is = RM 390,000,000 .

IIUM project is fully completed and acceptance with payment effective from Dec2018 . Per Q4 report proceed receive start from May2019 .

SUKE project is scheduled to complete by Feb2020 with contract value RM 257,000,000 . Balance amount to be claim is over RM 100 million .

2 projects borrowings is estimated:

390 million -37 million = RM 353 million + RM 100 million = RM 453 million .

Meena Project balance borrowing = RM 94.5 million .

Sum = RM 547.5 million


Referring to FY19 Q4 with 1 year accumulation , administration expenses = 11 million , finance cost = 40 million , total = 51 million , with IIUM cash cow RM 75 million per year over 17 years , still a surplus.

FY19 is turned to Profit.

MMC is Zelan major shareholder .

Posted by jjohnchew > 2020-06-12 10:15 | Report Abuse

see people don't twist facts , you said debt RM 500 million , people tell you is RM 550 million .

Posted by jjohnchew > 2020-06-12 10:31 | Report Abuse

Zelan has won the Meena court case being awarded RM 300 million by International Arbitration Court. Although Meena try to stop the award by applying to local court a injunction to stop it but failed . As info the Abu Dhabi local authority intend to demolish the Meena Plaza , referred to Zelan FY19 Q4 , it is in process of register the award with local court in order to proceed with the award claim .

Posted by stockraider > 2020-06-12 11:08 | Report Abuse

Don be sohai lah...AZRB has won the court case 5 years ago...until now still cannot enforce mah...!!

The middle east legal system are screwed mah...!!

Posted by jjohnchew > Jun 12, 2020 10:31 AM | Report Abuse

Zelan has won the Meena court case being awarded RM 300 million by International Arbitration Court. Although Meena try to stop the award by applying to local court a injunction to stop it but failed . As info the Abu Dhabi local authority intend to demolish the Meena Plaza , referred to Zelan FY19 Q4 , it is in process of register the award with local court in order to proceed with the award claim .

Posted by jjohnchew > 2020-06-12 11:26 | Report Abuse

Ho ho kon artist Partner raider in Insas wb kon show just for investment RM 5000 but is failed.

Posted by jjohnchew > 2020-06-12 11:26 | Report Abuse

a sohai..

Posted by jjohnchew > 2020-06-12 11:31 | Report Abuse

AZRB which court case ? Middle East legal system is protective their local, there are cases where the IAC in England is awarded but the local court is issued injunction to stop the award. In Zelan n Meena case , local court did not issued the injunction.

Posted by jjohnchew > 2020-06-12 11:39 | Report Abuse

a few years back , AZRB new building in KL , as usual it intend not to pay the balance abt 15 % to a contractor , the contractor company issued a demand letter , after a few negotiating between the legal person , it is agreed to pay . Project documentation and completeness is the key factor.

Posted by calvintaneng > 2020-06-12 13:36 | Report Abuse

Don't worry about CscSteel as it supplies to Perodua of MbmR and Proton of DRB.

Good pay masters

Supply cold roll sheets to astino & YKGI?

Both listed companies will also pay well.

Cscsteel also sell to panasonic flat steel to make refrigerator door, aircond panel & TV panel?

SO WITH 3 EXTRA BOOSTERS FOR

1) CARS HAVING DUTY FREE 100%

2) RPGT 100% WAIVED TILL END 2021

3) 100% TAX FREE FOR FDI FOR 10 TO 15 YEARS IF INVEST RM300 MILLIONS TO RM500 MILLIONS

PLUS NET CASH 67 SEN & 6.6 SEN DIVIDEND

ALL THESE BULL FACTORS FOR CSCSTEEL