Posted by moneySIFU > 2016-08-24 12:00 | Report Abuse

Please do home work & study before making any investing decision.

Something to share from Peter Lynch:

Stockpicking is both an art and a science, but too much of either is a dangerous thing. A person infatuated with measurement, who has his head stuck in the sand of the balance sheets, is not likely to succeed. If you could tell the future from a balance sheet, then mathematicians and accountants would be the richest people in the world by now.

Posted by moneySIFU > 2016-08-24 12:02 | Report Abuse

Agreed, younginvestor92, this is cyclical stock.

But we have to see where is its position in the cycle. Is it now at the bottom cycle or peak of the cycle.

Posted by moneySIFU > 2016-08-24 12:02 | Report Abuse

cyclical stock is not a downside factor.

Posted by moneySIFU > 2016-08-24 12:04 | Report Abuse

If you read the following link, CSC Steel does not fit to the definition of Poor Efficiency.

https://2.bp.blogspot.com/-alMjZec08Ao/VuWPol2bV5I/AAAAAAAAAPc/faykoD8QPL0GUpulBKTJJUA5Ku3lN054g/s1600/Compare.JPG

Posted by younginvestor92 > 2016-08-24 12:09 | Report Abuse

OMG... thanks sifu... i didn't compare with other companies.

Posted by duitKWSPkita > 2016-08-24 12:11 | Report Abuse

MoneySifu.

Support a bit steel brother Mr.AYS

Posted by moneySIFU > 2016-08-24 12:13 | Report Abuse

Hi Duit, glad to see you are back ┏(＾0＾)┛┗(＾0＾) ┓

Posted by moneySIFU > 2016-08-24 12:16 | Report Abuse

Welcome, younginvestor92, you can the whole article here, it is quite helpful in considering to invest or not.

Cscstel (5094): 钢铁业中的佼佼者（2） - 富时工程
http://klse.i3investor.com/blogs/kianweiaritcles/93044.jsp

Posted by younginvestor92 > 2016-08-24 12:28 | Report Abuse

thanks again :)

Posted by i3inverstor > 2016-08-24 12:28 | Report Abuse

hi

Posted by moneySIFU > 2016-08-24 12:29 | Report Abuse

haha, funny i3investor, hi

Posted by i3inverstor > 2016-08-24 12:40 | Report Abuse

thank you, just join in.

Posted by moneySIFU > 2016-08-24 12:41 | Report Abuse

The way you set your profile photo & nickname is very creative
(☉‿☉)

Posted by i3inverstor > 2016-08-24 12:47 | Report Abuse

a small investor and just hope cscsteel bring some luck for me.

Posted by paperplane2016 > 2016-08-24 12:48 | Report Abuse

inverstor. hehe. cyclical can be a good factor also mah

Posted by gojirakingkong > 2016-08-24 16:02 | Report Abuse

moneySIFU always give me a sense of confidence when commenting a stock

Posted by yeekarwai88 > 2016-08-24 19:17 | Report Abuse

mr gan still holding 4.4% of direct shares.

Posted by mbs7633 > 2016-08-24 19:41 | Report Abuse

he has disposing from 9% to 4.4% within 3 months but share price still around 1.46. who's collecting?

Posted by Kungsing Ting > 2016-08-24 20:01 | Report Abuse

Company collected back... Waiting ...

Posted by yeekarwai88 > 2016-08-24 20:03 | Report Abuse

大鳄，crocodile collecting.

Posted by moneySIFU > 2016-08-24 23:49 | Report Abuse

gojirakingkong, thank you for saying so. I think if you can filter what paperplane said, you may get something.... :)

Posted by pingdan > 2016-08-25 11:16 | Report Abuse

haha adding more and more... Operator slowly accumulating and waiting the sell que finish.. Then the show only begin..

Posted by Ymchan > 2016-08-25 12:20 | Report Abuse

Iron ore, dubbed by Citigroup Inc. as one of the hot commodities of 2016, looks set to cool off. Prices may soon sag as supply rises and steel demand fades, the bank said, adding to a chorus of forecasters who are calling time on an unexpected rally. Bloomberg's Joe Deaux reports on "Bloomberg Markets." (Source: Bloomberg)

Posted by lgzmum > 2016-08-25 12:50 | Report Abuse

Gan has stopped selling. This week is last chance to buy before push up slowly.

Posted by moneySIFU > 2016-08-25 15:36 | Report Abuse

Very interesting movement, continue to collect

Posted by moneySIFU > 2016-08-25 15:37 | Report Abuse

I love the huge cash pile & generous management to reward shareholders by giving out 5%+ dividends over the years

Plus now it just climb up from the rock bottom not long ago, thanks to Gan's selling, so now can collect on everyday basis. ╰(◡‿◡╰)

Posted by Unicorn_park > 2016-08-25 16:09 | Report Abuse

Do you guys know where to see live steel rebar price?

Posted by Ymchan > 2016-08-25 16:12 | Report Abuse

Actually there were no big operator/player accumulating the share, from the daily vol. starting from 12 Aug until 24 Aug total vol. transacted is huge at 27.7 m share. Just imagine if the total sell vol. is solely generated from Mr. Gan , his share on hand has probably fully depleted. but report from BSKL showed that he still holding 21.1m share as at 24 Aug ( note: his share balance is 28.6m share as at 10 Aug). From the data, I can concluded that the share is go to our small trader hand, there is why the share price cannot go up further...

Posted by Yipman > 2016-08-25 16:19 | Report Abuse

Dead and Flat 1.45.........................

Posted by Yipman > 2016-08-25 16:51 | Report Abuse

Sold out. Boring stock!

Posted by moneySIFU > 2016-08-25 16:54 | Report Abuse

Bye bye, yipman, good luck

Posted by Kungsing Ting > 2016-08-25 18:26 | Report Abuse

I waiting our good friend Mr.Gan help to push down little bit more. Standby money to ALL IN.

Posted by yeekarwai88 > 2016-08-25 20:47 | Report Abuse

0.16?0.18?
hahaha

Posted by moneySIFU > 2016-08-25 21:14 | Report Abuse

Directors took so little salary & reward shareholders every year more than 5% dividend

Range of Remuneration
2 Non Executive = Nil
5 Non Executive = Below RM50,000
1 Executive director = RM200,001-RM250,000
1 Executive director = RM250,001-RM300,000

http://cdn1.i3investor.com/my/files/dfgs88n/2016/04/29/1484688978--1592112671.pdf

Posted by bonus2016 > 2016-08-25 21:32 | Report Abuse

ok, thanks for correct my mistake, typing error, i wont feel hard for it, dont worry. my 1st target / near term target for cscstel is 1.600, but i think it should worth more than that, once market in good mood, i think it is easier for cscstel to break 1.600 in short term, I believe QR positif impact will move it forward, maybe 1.800 in middle term ! just for sharing, happy trading

Posted by yeekarwai88 > 2016-08-25 21:33 | Report Abuse

haha,no la,i know.what you mean.

Posted by bonus2016 > 2016-08-25 21:33 | Report Abuse

moneySifu, thanks for sharing, sharing is caring

Posted by bonus2016 > 2016-08-25 21:40 | Report Abuse

yeekarwai88, i also laugh after nothing my mistake, anyway tq for correct my poor language and typing mistake. i am not a big fish, just ikan bilis, seldom invest much in shares more than ringgit above, that is why loh, hahaha. so far just afford to buy few lots of cscstel, this few days movement give me some confident this stock will boost up once market move into positive sentiment. tq, bro

Posted by moneySIFU > 2016-08-25 21:53 | Report Abuse

In 1Q2016 report: Current year prospects

The sudden surge in steel prices both locally and internationally as a result of improved demand in China will boost the Group’s performance. If the higher prices can be sustained, and the Group can continue to gain access to sufficient raw materials at competitive prices in the coming months, the Group can be expected to continue achieving reasonable profit this year.

1Q2016 profit = 8,947,000 (1Q2015 profit = 5,414,000)
2Q2016 profit = 29,321,000 (2Q2015 profit = 10,448,000)

Posted by moneySIFU > 2016-08-25 21:55 | Report Abuse

Sorry, just want to write down to compare

Posted by yeekarwai88 > 2016-08-25 22:05 | Report Abuse

will csc management announce bonus issue or special dividend?

Posted by moneySIFU > 2016-08-25 22:11 | Report Abuse

In 2Q2016 report: Current year prospects

In view of uncertain steel demand in China, international steel suppliers may find it difficult to maintain, let alone, push up steel prices in the third quarter. Under such market sentiment, the Group expects the third quarter sales volume to be conservative. However the Group expects the fourth quarter business performance to be better than the third quarter as past records have shown that the fourth quarter has traditionally been the better quarter in terms of sales volume. Besides, domestic steel inventories remain low in the third quarter and this will encourage restocking activities in the fourth quarter

1Q2016 profit = 8,947,000 (1Q2015 profit = 5,414,000)
2Q2016 profit = 29,321,000 (2Q2015 profit = 10,448,000)
3Q2016 profit = _________ (3Q2015 profit = 10,214,000)

Posted by moneySIFU > 2016-08-25 22:12 | Report Abuse

hi yeekarwai, I don't see any in the last few years, but trust unlikely.

Posted by YOLOOOO > 2016-08-25 22:51 | Report Abuse

Cscsteel eps will be more than 20sen in this FY

Posted by JamesPond > 2016-08-26 11:53 | Report Abuse

Yolooo, if you r right, eps 20sen, then dividend more than 10sen.

Posted by tkk1127 > 2016-08-26 16:17 | Report Abuse

Wow. Company have cash 320m which equal 84 cents per shares. Current shares price $1.44 - 0.84 = $0.60 per shares. Company with such good fundamental only cost 0.60. It like mega sales now. accumulating ....

Posted by YOLOOOO > 2016-08-26 16:34 | Report Abuse

The company also rewarded its shareholders with high dividend, i expect around 12sen dividend to be announced in the 4th quarter

Posted by Kungsing Ting > 2016-08-26 18:39 | Report Abuse

I on board already. Waiting.. rejoice

Posted by moneySIFU > 2016-08-27 01:58 | Report Abuse

For six month period ended 30/6/2016, CSCSteel already generated cash from operating activities of RM98m.

Existing market cap = 535m
Cash in hand = 321m

Growing & consistent profit records (except 2015, reason? check it out yourself)
Generous in paying 5%+ dividend

Posted by zefftan > 2016-08-27 11:22 | Report Abuse

Hello all, the money generated suddenly become so huge is mainly due to their shortage in inventories, now they're low in inventories if compared to quarters/financial years before this, I think it's largely due to MegaSteel unable to supply consistently to them and they are also in the process of getting the raw materials from their parent companies.

I would say Eventhough they are having so much cash at hand but mostly they're retaining it to convert to inventory