Posted by Learner One > 2 months ago | Report Abuse

Current price 134- net cash 92 =42 cents price per share. Eps a year 11x. Dividend 7%. Steel consumption will go up coming years. I buy keep for long term.

Posted by prudentinvestor > 2 months ago | Report Abuse

Never expect it to rebound so fast. Could be due to TA Research's buy call.

Posted by Rocky Mass > 1 month ago | Report Abuse

Quarter Result remains profit despite tough environment.. why SELL CALL??

Posted by prudentinvestor > 1 month ago | Report Abuse

This is a cyclical stock. It earned more last financial year and declared a 9.4 sen a share dividend and price went above RM1.50 a share. Another 10 sen drop would be a very good buy.

Posted by prudentinvestor > 1 month ago | Report Abuse

Yes, just call for a hold will do unless the price target is 1.10 or lower. Maybe TA has forgotten that investors have to pay brokerage, stamp duties and clearing charges.

Posted by ChunWong93 > 3 weeks ago | Report Abuse

Data centre boom will boost local steel demand. Hold tight