Possible dirty accounting tricks with Emetall (same family). Now QR Emetall negative while revenues are excellent. Family plays with the companies I think if it is in their advantage. Complete misappreciation and disrespect for shareholders. Makes me sick
When drop speed like rocket , when up speed like tortoise . People still less confidence with their magnament eventhough stell counter look good future now.
Haha, when the Datin accept interview and told bussiness good , its the time to run . The liar Datin , all of you must remember Datin tell lie in 2017 QR3
Steel Tariff Exemptions Expand The 25% steel and 10% aluminum tariffs were set to take effect on Friday, but the Trump administration clarified late Thursday that countries representing more than half of U.S. steel imports would receive exemptions through May 1. Exempted countries include European Union members, Canada, Mexico, South Korea, Brazil, Australia and Argentina. After May 1, Trump could decide to permanently exempt those nations based on the status of talks.
Steel stocks fell hard on Thursday after U.S. Trade Representative Robert Lighthizer telegraphed the change in policy. On Thursday, shares of U.S. Steel (X) sank 11% to levels last seen before Trump ramped up his steel tariff talk in mid-February. Steel Dynamics (STLD) fell 7.5%, Nucor (NUE) 6.5% and AK Steel (AKS) 8.7%. Steel stocks extended losses Friday.
“Unlike Ann Joo, Choo Bee has been less volatile in terms of earnings cycle as demand and ASP for steel products has been relatively stable.
“We believe that the flat steel segment will not suffer the same oversupply issue as the long steel segment but the flat steel segment is dependent on the import exemption which has to be renewed on a yearly basis.”
LSteel is a company in category of flat steel segment
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....
chunwei94
71 posts
Posted by chunwei94 > 2018-02-27 11:37 | Report Abuse
market cap is quite small.