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  Invest_888 Short term target price is RM1.00 since it is the main resistance for the buyers before breaking to higher level. After that it can be highly possible to reach the range of the RM1.4 - RM1.5 with higher revenue and earning in the upcoming quarterly financial result. . Due to extremely high demand in steel esp China belt and road initiative, US Biden administrative infra projects & other countries infra projects, the steel/aluminum/copper related businesses are booming. Nowadays, the most profitable and prosperous Malaysia companies are steel companies with record earning. https://www.investing.com/commodities/ncdex-steel-futures steel prices continue rebounce since 28May2021 04/06/2021 4:15 PM Invest_888 https://www.investing.com/commodities/ncdex-steel-futures steel prices continue rebounce since 27May2021 In comparison with the latest quarter earning with its previous 2 quarterly result, It was fantastic improvement: LSTEEL earning per share, EPS: Previous 2 quarter(30SEP2020), EPS=1.91 cent. Previous quarter(31DEC2020), EPS=2.68 cent. Latest quarter(31MAR2021), EPS=5.47 cent with NTA=RM1.20. Share price in Jan2021 was around 57cent. In comparison with other steel stocks with good earning as LSTEEL, Other stocks has surged more than 50%. Leonfb has surged more than 100% since January. LSTEEL Share price is only 70cent. It is undervalued now. Expect to reach at least RM1.00 and might go further uptrend as well. 07/06/2021 8:17 PM stainlyho37 china steel prices looks good ...u may have your collection ..Melewar/Mycron/Lsteel..... 09/06/2021 11:19 AM wallstreetrookie Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022 10/06/2021 3:09 PM Luckyboy88 How come I know : from experienced. 1) buy into Mycron @ 0.285 small positions ( to date nill) 2) AYS - Few times successful trades 3) Leonfb @ 0.4 small positions - nill now 4) Prestar @ 0.455 seriously position where I mostly sell off at rm1 which I deeply regreted. Now holding less than initial 15% For prestar, I forsee a good chance for bonus issues soon. 5) Lbalum ( aluminium) @ 0.590 seriously position. 50% holding to date Due to limited fund, the above are the only companies I had enter with satisfactory return. 29/04/2021 12:11 AM 10/06/2021 10:21 PM Invest_888 Steel prices continue rebounce since 27May2021 In comparison with the latest quarter earning with its previous 2 quarterly result, It was fantastic improvement: LSTEEL earning per share, EPS: Previous 2 quarter(30SEP2020), EPS=1.91 cent. Previous quarter(31DEC2020), EPS=2.68 cent. Latest quarter(31MAR2021), EPS=5.47 cent with NTA=RM1.20. Share price in Jan2021 was around 57cent. In comparison with other steel stocks with good earning as LSTEEL, Other stocks has surged more than 50%. Leonfb has surged more than 100% since January. LSTEEL Share price is only 69.5cent. It is super undervalued now. Expect to reach at least RM1.00 in short time. 10/06/2021 11:14 PM Luckyboy88 Enter IRIS today. NIIS project and secure S. Afica smart chips projects. 0.275/0.28 very good entry for accumulation. 11/06/2021 5:42 PM milosh https://klse.i3investor.com/blogs/milosh/2021-06-13-story-h1566194328-STEEL_hype_by_KYY_and_OTB.jsp 13/06/2021 9:45 AM Invest_888 https://www.investing.com/commodities/ncdex-steel-futures Steel price increase significantly again. Steel stocks will almost definitely to fly higher and higher. 15/06/2021 9:46 AM milosh I wrote about aluminium, but similar goes to steel: https://miloshtrading.blogspot.com/2021/06/aluminium-prices-to-stabilize-soon.html 17/06/2021 12:08 PM milosh read here: https://miloshtrading.blogspot.com/2021/06/lsteel-9881-another-steel-gem.html 22/06/2021 9:42 AM Luckyboy88 9th JULY 2021, major steel and aluminium companies listed in US, China are showing encouraging closing bet 3% to 9% intra day gain. Below are among some listed peers for your reference : Alumium : 1) Acronic Corp (NYSE) +4.9% 2) Alcoa Corp (NYSE) + 5.88% Steel : 1) Arcelor Mittal ADR (NYSE) +5.09% 2 Posco (NYSE) +3.78% 3) Hongxing iron & steel (shanghai) +6.38% 4) Chongqing iron steel (shanghai) +4.37% 5) Inner Mongolia BaoTou (shanghai) +10.06% 6) Hebei Steel A (shenzhen) +2.98% One should look at the 1 year charts to have better understanding of the movement of price. Summary : bigger companies tend to have prices traded at 52w High and testing the resistance with smaller peers shown tremendous recovery of 30% ++ from recent correction. 10/07/2021 1:35 PM Luckyboy88 Price correction had touched near the starting point of last up trend of 0.6. Its best time to : BUY ADD EXTRA REENTER 10/07/2021 1:39 PM milosh im still in: https://miloshtrading.blogspot.com/2021/07/time-to-sell-all.html 12/07/2021 11:16 AM Luckyboy88 Lsteel Station in Prai, Penang. In phase II already. Going up slowly!! 16/07/2021 10:59 AM jerret Steel counter 4 good trend worldwide 1. steel price up generally 2. raw material price down- iron ore price down 3. demand up- recovery from covid pandermic 4. production curb-low carbon policy from china glove counter 4 trend 1. glove price asp start dropping generally 2. raw material maintain or slightly up 3. demand down- increase vaccination rate 4. production ramp up - china, thailand increase production 12/09/2021 12:05 PM bullmarket1628 Hitting the highways: Interstate travel allowed starting Monday (Oct 11), says PM Sunday, 10 Oct 2021 2:56 PM MYT https://www.thestar.com.my/news/nation/2021/10/10/hitting-the-highways-interstate-travel-allowed-starting-monday-oct-11-says-pm 10/10/2021 4:36 PM bullmarket1628 PETALING JAYA: Interstate travel nationwide will resume starting Monday (Oct 11), says Datuk Seri Ismail Sabri Yaakob. The Prime Minister said this during a special address at 3pm on Sunday (Oct 10). "With the achievement of almost 90% of the population being fully vaccinated, therefore I would like to announce that interstate travel will be allowed. This will begin on Monday (Oct 11). “Interstate travel is only allowed for those who are fully vaccinated. “The lifting of the prohibition on interstate travel does not apply for visits to localities placed under enhanced movement control order," he added. Ismail Sabri also said fully vaccinated Malaysians can travel abroad without MyTravelPass effective Monday (Oct 11)... 10/10/2021 4:36 PM lawckyip possibly trying to diversify in a business related to logistics for exporting steel to MENA 19/05/2022 5:27 PM  | |
