Posted by mrcibaiii3 > 2017-08-24 22:06 |

Post removed.Why?

Posted by mrcibaiii3 > 2017-08-24 22:07 |

Post removed.Why?

Posted by lanjiolang > 2017-08-24 22:07 | Report Abuse

mrcb got how many twin? hahaha...

Posted by leoting > 2017-08-24 22:08 | Report Abuse

You come back liao ah. Then, i go to rest first.

Posted by mrcibaiii3 > 2017-08-24 22:09 |

Post removed.Why?

Posted by VenFx > 2017-08-24 22:09 | Report Abuse

Let the Contra kakis cabut first, whoever bought for Q3 will stay put.

Furthermore, I see this round as Restoring of Balancing first..

Probably Private fund wouldl execute buy at weakness tomorrow.

Posted by mrcibaiii3 > 2017-08-24 22:10 |

Post removed.Why?

Posted by mrcibaiii3 > 2017-08-24 22:11 |

Post removed.Why?

Posted by thinking > 2017-08-24 22:16 | Report Abuse

could it be that ssteel doesnt have enough billet capacity for its rebar, hence its procurement strategy backfire in 2Q when selling prices were coming down?

Posted by mrcibaiii3 > 2017-08-24 22:18 |

Post removed.Why?

Posted by OOMMGG > 2017-08-24 22:18 | Report Abuse

One of likely scenario

Posted by solaris80 > 2017-08-24 22:19 | Report Abuse

Let Mr Bai continue his show. Good night and happy trading

Posted by OOMMGG > 2017-08-24 22:20 | Report Abuse

Mrcibai, seems like you are now the best among of us. To be calling urself as sifu, do you mind address our question on why raw material is such a high in 2q.

Posted by smallinvestor88 > 2017-08-24 22:25 | Report Abuse

hmm...

Based on PE:
Annjoo - 10.68
Masteel - 9.45
Ssteel - 9.81

I predict ssteel will open low and close high....let see 2mr

Posted by mrcibaiii3 > 2017-08-24 22:25 |

Post removed.Why?

Posted by lanjiolang > 2017-08-24 22:26 | Report Abuse

lanjiao

Posted by lanjiolang > 2017-08-24 22:27 | Report Abuse

how about masteel?

Posted by KLCI King > 2017-08-24 22:28 | Report Abuse

CAB got one idiot, now here also got one, pity you all

Posted by mrcibaiii3 > 2017-08-24 22:29 |

Post removed.Why?

Posted by OOMMGG > 2017-08-24 22:30 | Report Abuse

Everyone knew raw material is high as it is carried forward frm 1st Q but why such a high? Masteel is using the same technology why their cost of sale is not such high?

Posted by mrcibaiii3 > 2017-08-24 22:31 | Report Abuse

ok-lah. Tomorrow you all sell-lah.
I will buy out all your shares. I will get ready RM 10 million to buy your share. Make sure you all sell cheap to me.

Posted by ming > 2017-08-24 22:32 | Report Abuse

Open 2.05 then go back 2.13

Posted by OOMMGG > 2017-08-24 22:35 | Report Abuse

Look for future.... 3q &4q. Mrcibai is not fool, he is one of the best among us .He is willing to buy mean that he himself look good the future of ssteel.

Posted by OOMMGG > 2017-08-24 22:37 | Report Abuse

Ssteel probably having wrong strategy in securing raw material in 1 Q

Posted by 明天会更好 > 2017-08-24 22:46 | Report Abuse

钢铁股无疑的将会是下半年的明星，除了个别股项会有所怠慢，但也会跟上来，加油！

Posted by OOMMGG > 2017-08-24 22:47 | Report Abuse

Worrying raw material trending higher, thus securing too much raw material at peak in 1q, unfortunately rebar and raw material price reversed in 2 q. This could be one of scenario.

Posted by Chean Yeh > 2017-08-24 22:49 | Report Abuse

hmm... QR was announced just now...

Posted by VenFx > 2017-08-24 22:54 | Report Abuse

钢铁股版块 买少见少
明天 将会是 大班们 带足花花丽丽 的 彩票
投个 欢喜价 的 时候 咯

不知道 $1.95 会投我的 怀抱吗 :)

Posted by investmentisgood > 2017-08-24 23:00 | Report Abuse

@OOMMGG if what you are thinking is correct they could probably achieve a real high profit since the raw material price has been trending even higher after q1.

Posted by OOMMGG > 2017-08-24 23:01 | Report Abuse

如像annjoo一样的塞翁失马焉知非福的戏码重演的话，就投不了你的怀抱。

Posted by VenFx > 2017-08-24 23:08 | Report Abuse

好吧
网撒浅些
可以更阔

$1.85
$1.95
$2.05
不会走鸡了吧 , 作个美 Moon 先 xp

Posted by lanjiolang > 2017-08-24 23:13 | Report Abuse

mrcb3 kena lokap lagi. waiting for mrcb4.

Posted by cl1122 > 2017-08-24 23:14 | Report Abuse

next quarter will be better as i said the price hike occurred at this quarter.. nice PE, having 4th earning quarter.. u may wan to take profit which is nth wrong.. make sure come again next quarter..buy low sell high..that's the way.

Posted by OOMMGG > 2017-08-24 23:16 | Report Abuse

Investmentisgood, the highest raw material cost happened in March period. After march, in April iron scrap price slowly going down.

Posted by OOMMGG > 2017-08-24 23:25 | Report Abuse

The March period iron scrap price is about the same as the price at end of July which is quite high.

Posted by nicky11 > 2017-08-24 23:25 | Report Abuse

Unexpected poor result. Anyway, I will keep it as we expected steel industries will have big earning in coming quarter.

Posted by investmentisgood > 2017-08-24 23:29 | Report Abuse

thanks OOMMGG

Posted by OOMMGG > 2017-08-24 23:35 | Report Abuse

Yeah, 3q is reverse of what happened in 2q. Low material cost with higher rebar price, better margin.

Posted by smartInvestor1 > 2017-08-24 23:36 | Report Abuse

庄家老板大把货 下个季度会更好

Posted by thinking > 2017-08-24 23:36 | Report Abuse

下个季度会更好 +1

Posted by OOMMGG > 2017-08-25 00:28 | Report Abuse

I may have the answer ready why ssteel is having poor Q2 result. It is because all the raw material used in Q2 is secured in Q1 which is at high cost. This is not the case for Masteel and Annjoo.

The ssteel 3q tesult is definitely a very good quarters as almost all of raw material used in 3q is secured in Q2 which is at low cost.

Posted by OOMMGG > 2017-08-25 00:30 | Report Abuse

Those intend to sell at loss might need to reconsider your decision.

Posted by OOMMGG > 2017-08-25 00:37 | Report Abuse

The strategy of ssteel securing the raw material is extreme right for 3q but in the case of Q2 it is bringing reverse effect.

Posted by OOMMGG > 2017-08-25 00:39 | Report Abuse

However as overall this strategy is balancing at the end by itself. Negative effect balanced by positive effect

Posted by OOMMGG > 2017-08-25 00:44 | Report Abuse

You may study the masteel, annjoo and lionind. For lionind, you probably will know how it perform, will it better than ssteel by excluding the parkson factor 。

Posted by OOMMGG > 2017-08-25 00:48 | Report Abuse

Q2 lionind will using more than half raw material secured in q1, the rest will secure in Q2 itself. It is not like ssteel which using all q1 secured raw material in Q2.

Posted by OOMMGG > 2017-08-25 00:49 | Report Abuse

Excluding parkson factor, lionind Q2 result may not as poor as ssteel.

Posted by MrPauper > 2017-08-25 00:50 | Report Abuse

Contra players have no other options now. They had made their choices. They chose to contra. Either win big in a short time or lose big in a short time

Posted by OOMMGG > 2017-08-25 00:51 | Report Abuse

But may not be too good.

Posted by VenFx > 2017-08-25 01:08 | Report Abuse

Ta perspective,
U will hardly see a meaningful retreat since Julai 17...
Observation check on the whole week u probably can't even detect more than 5000 lots blok seller ...

Wondering who is eating up almost 80% of the sell position, this 2 weeks?

2morrow an interesting day :)