OTB already give fancy a clear picture , the rough figure of earning , is 0.54 per share , such wonderful and delightful lunch , where earth can find , current cheap price at 0.71 , it should be 1.31 at least , but for me it is golden egg , can produce and produce , golden triangle in golden time zone , only can meet , cannot be chased .
SSteel already give a clear picture , profit for this quarter income , superb , coz they all are similar capacity , Masteel even easy to control compare Ssteel , i confident the fierce heading soon .
i analyst the charting , very interesting chart i saw , edge the swing up and correction , swing down , it is like a wave in ocean , rhythm play the thresh stalks , paddy in feet , nice until ear liquid leak .
No need the formalities , i glanced , the wave is small tsunami onward , it will grow even big , become HUGE tsunami , while real picture appear , revamp the object .
i not buy for 0.80 or 0.90 ranged , i buy for future , which targeting at 1.50 , coz i nurture it will be iron metal kingdom soon , it got the potential too .
Global iron metal price is every day create new high , even CHINA the top one produce country , shut down their plant to promote good environment , say not to pollution , all are special allowance to LOCAL iron metal corporate , i see the bright is there , the gain is fitted .
Hold influence , Singapore Government react a FREE ZONE TRADE country also very active lately pretending IRON METAL BUSINESS , i really see the better prospect , HONG KONG also , IRON METAL BUSINESS IS HOT SPICY until the demand supply break record high , which is seldom phenomena , aggressive lately .
TRADE WAR in current , the FLOW is full force CHINA to CLOSE DOWN even more IRON PLANT , it will huge benefited , the third country iron metal producer , such like MALAYSIA , replace its shortage in the supply , supply chain , equivalent the worldwide demand .
He since tire with all the critic focus him , he just wanted to withdraw , but he select apologies , who what his comment , pay first , mother finger thumb to him , right decision , you guy can freedom select , want to follow or not , not force .
Korea Steel Sector: Increase Positions In Steel Shares
Summary Steel shares outperformed KOSPI during winter production cut period.
Chinese steel demand firm on 2H infrastructure investments.
Higher ASP to fuel earnings momentum domestically.
Major issues and conclusions We recommend overweighting steel given Chinese production cuts in winter and re-stocking demand around the Lunar New Year holiday. Chinese steel production did not fall in the previous winter season as a whole because of robust demand and earnings; however, they still fell in November and December. In both 2016 and 2017, steel shares far outperformed the KOSPI during the earlier stages of Chinese output cuts. Strengthening 3Q18 earnings momentum amid ASP hikes also bode well for shares. Rising rebar dealer prices and plate ASP hikes are worth noting, which are driven by the closing gap between imported and domestic steel prices. Our top picks are POSCO (NYSE:PKX), Hyundai Steel (earnings to grow from 3Q), and Dongkuk Steel.
Steel shares outperformed KOSPI during winter production cut period
We believe it is now time to increase positions in steel shares for the following reasons: First, we expect sentiment over steel stocks to peak going forward given Chinese production cuts expected in winter and re- stocking demand around the Lunar New Year holiday. When production fell in the 2016-2017 winter seasons, the steel sector index far outperformed the KOSPI and we expect to see a repeat in 2018. From Nov 15, 2016 to Jan 19, 2017 (when the production cut was most severe), the sector index advanced 10% while the KOSPI gained 5%. Similarly, from Nov 15, 2017 to Jan 12, 2018, the sector index climbed 16%, far outperforming the KOSPI which dipped 0.8%. We note that at the beginning of the production reduction period, production cuts were most severe (negative growth in Nov-Dec, 2017) and stock momentum was the strongest (in the previous two winter seasons, shares peaked in mid-Jan). Accordingly, we recommend adding to positions before production cuts begin. This year, Chinese steel production cuts are expected to last from Oct 1 until Mar 31 next year, longer than the previous year when reductions sustained from Nov 15, 2017 to Mar 15, 2018. https://seekingalpha.com/article/4201814-korea-steel-sector-increase-positions-steel-shares
Syndicate confirm me last week end , they all RUN AWAY , due to all bad element crowded in COUNTRY ORE LAND , BYE BYE , they give me the last respect , INFORM , LOSE KISSED .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ooi Teik Bee
11,529 posts
Posted by Ooi Teik Bee > 2018-08-24 18:55 |
Post removed.Why?