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Share Price on 26 May 2017

* Price is 15 minutes delay.

Market Capital (RM)
Number of Share
EPS (cent)
P/E Ratio
ROE (%)
Dividend (cent)
Dividend Yield (%)
Dividend Policy (%)
NTA (RM)
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* Calculated based on the net profit of the trailing twelve months and latest number of shares issued.

DateFinancial
Year
No. Financial
Quarter
Revenue
(RM,000)
PBT (RM,000)Net Profit
(RM,000)
EPS (Cent)Dividend
(Cent)
NTA
(RM)
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Report
26 May 201731 Dec 2017131 Mar 2017309,85522,00416,5064.470.002.240 Malaysia Stock - KLSE Quarter Report History
13 Feb 201731 Dec 2016431 Dec 2016286,9167,8516,1901.680.002.190 Malaysia Stock - KLSE Quarter Report History
16 Nov 201631 Dec 2016330 Sep 2016257,57524,81524,2326.570.002.180 Malaysia Stock - KLSE Quarter Report History
19 Aug 201631 Dec 2016230 Jun 2016269,71537,99829,3217.950.002.110 Malaysia Stock - KLSE Quarter Report History
16 May 201631 Dec 2016131 Mar 2016220,99111,4598,9472.430.002.110 Malaysia Stock - KLSE Quarter Report History
22 Feb 201631 Dec 2015431 Dec 2015242,53936,10228,5257.478.002.090 Malaysia Stock - KLSE Quarter Report History
16 Nov 201531 Dec 2015330 Sep 2015222,73912,26110,2142.770.002.010 Malaysia Stock - KLSE Quarter Report History
14 Aug 201531 Dec 2015230 Jun 2015258,32713,78910,4482.820.001.980 Malaysia Stock - KLSE Quarter Report History
08 May 201531 Dec 2015131 Mar 2015294,3777,2975,4141.460.001.980 Malaysia Stock - KLSE Quarter Report History
09 Feb 201531 Dec 2014431 Dec 2014261,510-12,231-9,012-2.433.001.960 Malaysia Stock - KLSE Quarter Report History
21 Nov 201431 Dec 2014330 Sep 2014254,366-3,124-3,123-0.840.001.990 Malaysia Stock - KLSE Quarter Report History
05 Aug 201431 Dec 2014230 Jun 2014263,217-11,180-8,758-2.350.001.990 Malaysia Stock - KLSE Quarter Report History
123

DateFinancial
Year
Ex-DateEntitlement
Date
Payment
Date
Entitlement TypeDividend
(Cent)
Dividend
(%)
Details
22 Feb 201731 Dec 201628 Jun 201730 Jun 201712 Jul 2017Special Dividend4.00000.00 Malaysia Stock -  Dividend
22 Feb 201731 Dec 201628 Jun 201730 Jun 201712 Jul 2017Final Dividend10.00000.00 Malaysia Stock -  Dividend
22 Feb 201631 Dec 201528 Jun 201630 Jun 201613 Jul 2016Final Dividend0.00008.00 Malaysia Stock -  Dividend
09 Feb 201531 Dec 201426 Jun 201530 Jun 201513 Jul 2015Final Dividend0.00003.00 Malaysia Stock -  Dividend
21 Feb 201431 Dec 201326 Jun 201430 Jun 201411 Jul 2014Final Dividend0.00007.00 Malaysia Stock -  Dividend
05 Feb 201331 Dec 201226 Jun 201328 Jun 201311 Jul 2013Final Dividend0.00007.00 Malaysia Stock -  Dividend
10 Feb 201231 Dec 201127 Jun 201229 Jun 201211 Jul 2012Final Dividend0.00007.00 Malaysia Stock -  Dividend
17 Feb 201131 Dec 201028 Jun 201130 Jun 201113 Jul 2011Final Dividend0.000013.00 Malaysia Stock -  Dividend
08 Feb 201031 Dec 200928 Jun 201030 Jun 201012 Jul 2010Final Dividend0.000020.00 Malaysia Stock -  Dividend
26 May 200931 Dec 200826 Jun 200930 Jun 200913 Jul 2009Final Dividend0.00002.00 Malaysia Stock -  Dividend
07 Aug 200831 Dec 200827 Aug 200829 Aug 200810 Sep 2008First Interim Dividend6.50000.00 Malaysia Stock -  Dividend

CSCSTEL (5094) : CSC STEEL HOLDINGS BERHAD
ILoveDividend
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11 Feb 2012, 07:08 PMPost #1
CSC Steel posts lower pre-tax profit

Published: 2012/02/10

CSC Steel Holdings Bhd that produces cold-rolled coils and steel sheets, has reported a decrease in pre-tax profit for the financial year ended Dec 31, 2011 to RM38.56 million from RM94.78 million in 2010.

"The significant decrease is due to the write-down of inventories of RM6.4 million as a result comparatively lower selling prices of our steel products for January and February 2012," the company said in a filing to Bursa Malaysia today.

It said revenue for 2011 increased to RM1.206 billion from RM1.035 billion previously.

"The increase in revenue is due to increase in both the overall selling prices and sales volume of our steel products," it said.

For the fourth quarter ended Dec 31, 2011, its pre-tax profit decreased to RM349,000 from RM11.19 million in the same quarter of 2010.

Its fourth quarter revenue increased to RM276.85 million from RM258.72 million previously. -- Bernama

http://www.btimes.com.my/Current_News/BTIMES/articles/20120210205153/Article/
ILoveDividend
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11 Feb 2012, 07:13 PMPost #2
CSCSTEL used to be one of the high dividend counter. This is a very good lesson given to us if we want to invest in high dividend counter. Sustainablity of the business is very crucial. One of the easiest way to make sure that is to check their quarter report to see if any dropping in revenue and profit. smile
honggimeng
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23 Mar 2012, 03:32 PMPost #3
股海宝藏:中钢大马 财务强稳股息高

2012-03-12 16:00
与其同侪相比,中钢大马(CSCStel,5094,主板工业产品股)具备强稳的资产负债表、最高周息率、亲力亲为的管理层、稳固的商业架构、产品接受度高和营运效率佳,

并拥有台湾母公司——中国钢铁机构(China Steel Corp)的强力支持。

与大部份背负庞大债务、很少股息甚至没有派息的公司相比,中钢大马不论是在顺境或是逆境中,依然可维持卓越的获利能力和稳固的财务水平(截至去年杪每股净现金达61仙)。

今明两年,侨丰研究预计中钢大马的每股盈利可达13至15仙(今明两年本益比9至10.4倍)和宣布派发9至10仙的股息(6.4%至7.4%的周息率)。

基于全球经济在今年内仍不明朗,目前是时候探讨被全球股市下跌周期所波及的股项。尽管我们无法脱离任何危机,相信拥有强稳特性的中钢大马最终可强劲复苏,而危机则创造了买进良机。

中钢大马是本地冷轧板钢铁产品的最大生产商,于2004年12月上市主板。

拉昔胡申研究表示,该公司拥有62万4000公吨冷轧钢卷、24万公吨镀锌钢铁和12万公吨彩涂镀锌钢铁,预计今年的平均使用率达70至80%。

市场充满挑战

它具备更多元化业务,以缓和钢铁领域的波动。

例如冷轧钢卷是生产钢管、汽车零件、家具和鼓状物生产商(原棕油、化学和石油产品的储存)的基本原料。

镀锌钢铁是通过冷轧钢卷镀上锌后生产而成,一般上用来生产电器与电子产品。而彩涂镀锌钢铁则是通过镀锌钢铁涂上漆料后生产而成,用在外墙及屋顶瓦片。

目前,其他的冷轧钢卷生产商还包括麦克伦钢铁(Mycron,5087,主板工业产品股)和美佳钢铁,而砂拉越公司榕光铅板工业(Yunkong,7020,主板工业产品股)则主要生产镀锌钢铁及彩涂镀锌钢铁。

业绩谨慎乐观

尽管面对全球经济放缓、钢铁产品需求呆滞、冷轧钢卷赚幅收窄以及原料供应长期不一致等不利因素,中钢大马去年的营业额依然扬升16.6%至12亿令吉,但其净利同时也剧降57.3%至2960万令吉。

这主要是:
(1)原料价格上扬但经济规模生产,降低高生产成本的冲击,以及
(2)去年末季所获得的640万令吉库存减记。

根据它去年第四季所发表的文告中显示,今年的钢铁市场依然充满挑战。

钢铁未来市场情绪将依然受全球经济影响,特别是对钢铁市场产生负面效应的欧洲债务危机和中国紧缩政策。

尽管如此,中钢大马预计经济转型执行方案的大型工程,将对本地钢铁市场带来正面效益,若没有突发事件,该集团对今年表现抱持谨慎乐观。

另一方面,侨丰投资研究预计,钢铁价格在农历新年后的潜在升势或将推动(钢铁公司的)盈利表现,因为廉宜的铁矿石原料预计将在今年内进入本地市场。这是基于(i)历来季度性趋势、
(ii)交易商潜在进货举动、
(iii)目前的负利差,因此该行看好冷轧钢卷赚幅具备复苏机会,最终将提振中钢大马近期的盈利。

6.4%周息率支撑

在去除61仙的每股净现金之后,中钢大马是以本财年本益比5.8倍进行交易,并受到6.4%周息率的支撑。

该股也以本财年每股账面价值2.10令吉的34%进行交易。

成私有化目标?

侨丰预计,基于今明两年稳固的净现金水平和经改善盈利,中钢大马有能力以每股9至10仙相对慷慨的股息派发回馈股东,相对去年的每股7仙。

投资风险:经济增长低于预期、基建工程进度比预期慢、平均售价较低,以及原料价格高过预期。

根据拉昔胡申研究指出,中钢大马或可能被母公司私有化,因该公司拥有2亿3300万令吉的庞大现金储备。

基于现有的1.39令吉水平,其母公司只需要大约2.9亿令吉来进行全购活动,而净现金、正面的现金流,以及改善中的2012至2013财年业绩,足以融资大部分资金。

中钢大马私有化计划下更为可信的说法是,其母公司有意收购金狮集团旗下钢铁生产业务的股权。

这两种说法作为中钢大马私有化计划的理由,如此将可使其母公司更容易地全面整合下游业务和美佳钢铁的上游业务,藉此推动两者之间的协同效益。doh





慧眼
ILoveDividend
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23 Mar 2012, 03:43 PMPost #4
Not much steel counter able to survey in m'sia. doh
honggimeng
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23 Mar 2012, 04:05 PMPost #5
how u think about this counter?
ILoveDividend
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23 Mar 2012, 04:11 PMPost #6
how u think about this counter?
honggimeng @ 23 Mar 2012, 04:05 PM


I will try to avoid all the steel counters in m'sia. Not a good bet i think. smile
tzejinlau
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23 Mar 2012, 04:26 PMPost #7


I will try to avoid all the steel counters in m'sia. Not a good bet i think. ...ILoveDividend @ 23 Mar 2012, 04:11 PM

pass result did not show so consistant, correct if i m wrong bout it. yeah
ILoveDividend
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23 Mar 2012, 04:33 PMPost #8
This is the industry business nature. Some business tend to make profit very easily like plantation, healthcare and etc. But some businesses are hard to earn money just like steel industry. They are trying hard to earn little money while some of the not very good plantation company still making good profit even they dont really do much thing. So, i think business nature is really important when you consider invest in this company.
tzejinlau
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26 Mar 2012, 08:59 AMPost #9
This is the industry business nature. Some business tend to make profit very easily like plantation,...ILoveDividend @ 23 Mar 2012, 04:33 PM
yup, u right. industry like a roller coaster, but u can always buy when the price and right & of coz with spare cash in hand.. still i think this counter is among the better option in steel industry (except tin, hahahaha)
tzejinlau
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11 May 2012, 06:22 PMPost #10
slowly recovering...shy
erkongseng
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27 Mar 2016, 08:44 PMPost #11

CSCstel 5094 rm1.39 机会进入--
股息8sen ,dy=5.75% ,合理的dy=5%,股价=rm1.60 .
隆市基本面最佳的鋼铁股,净现金,趁此领域回春,把握进入良机.
2015 EPS=14.3SEN,PE=12,股价=rm1.71
估计2016 eps=20 sen,pe=12,股价=rm2.40
冷眼组合中早己買入像annjoo,ssteel 的鋼铁股,就是看到此领域的复苏,主要是中国的减产,
虽然不包括cscstel ,但中鋼为马來西亞的龙头,论基本面属一流,优良的管理与技术将帶动公司取得佳积,
趁低rm1.39 进入,于28~6~2016 前进入享有8 sen 免税股息,13~7~2016 派发,
是理想的资本增值股,估计2016 年eps=20,pe=12,股价=rm2.40,供参考.

--避开出口股,马币回穩,选国内銷售对象股,
如鋼铁股(masteel,cscsteel,annjoo,ssteel,choobee),
木材股,補捉这轮原物料回春期.

进口减少扶持价格 中国钢铁业大裁员利大马
Published by 南洋网 at 2016-03-06 11:36:00

(吉隆坡5日讯)中国政府计划裁减煤矿与钢铁领域约180万名员工,致力控制产能过剩的举措,对大马钢铁业者是大好消息,一来中国廉价钢铁进口会减少,二来也可扶持疲弱多时的国际钢价。

根据路透社报道,中国政府日前宣布,为有效解决产能过剩问题,计划裁减180万名从事钢铁、煤矿业工人,其中,煤矿业占到130万人,钢铁业则有50万人。

此外,为了应对这波裁员潮,中国政府也已拨款1000亿人民币(636.94亿令吉),重新安置受到影响的工人。

中国早在1月初,就已经宣布新政策,进一步削减钢铁与煤矿的产量,包括:1)削减原钢产能高达1.5亿吨;2)大规模减少煤矿的产出。

中国政府管制供应,是为了减少国有公司产能过剩与员工过多的问题,包括了钢铁领域。

去年,中国生产的原钢产量,占了全球总产量的将近一半,达8亿400万吨。

不过,对于中国一连串控制产能的措施,大马投行分析员不以为然,因为在大肆压制钢铁领域的产能之际,也必须当心所将引发的失业与社会动荡问题。

减轻倾销问题

分析员认为,中国政府未来的任务仍然艰巨。

根据中国统计局,该国煤矿与钢铁领域的员工高达1200万人。因此,削减180万人相等于总员工人数的15%。

据悉,中国政府将会在本月提出更为清晰的政策,并决定下一步的举措。

至于大马方面,分析员认为,中国压制钢铁供应,可大幅激励我国的钢铁业者,因为过去3年,我国业者已经面对中国廉价钢铁进口的冲击。

在去年,我国从中国进口的长钢产品按年增长28%,导致本地长钢领域面对最严重的冲击。

因此,中国钢铁领域减产,除了能够直接缓和遭到倾销的本地市场,也可间接促进我国本地钢铁市场,因为国际钢价将可从低点反弹。

在等待中国政府公布更多详情之际,分析员维持钢铁领域“中和”的评级,以及安裕资源(ANNJOO,6556,主板工业产品股)“守住”的投资评级,目标价格为72仙。

网友jokerforever7分享--
Hi guys, I am working in steel industry and the supply of steel bar is getting lower and lower due to many steel factories in China shuted down, local steel bar are expecting to raise the price to rm2000+-, currently the price is around rm1650, steel price have been raised rm200 in 1-2 weeks and this will continue in the following weeks, don miss the boat, masteel can easily make 10-20mil profit in 1 quarter with the hike in steel bar
2016年3月27日星期日
Steel Market Forecast for 2016 Slightly Optimistic --

Steel market forecasts for 2016 call for a slight rebound in demand, which could boost depressed scrap metal prices.
Recovery is contingent upon consumption increasing in China, where demand and prices have dropped precipitously.
The World Steel Association (worldsteel) projects global steel demand to increase by 0.7 percent in 2016 after decreasing by 1.7 percent in 2015. “We expect the current headwinds to moderate in 2016 but this is based on a belief that the Chinese economy will stabilize,” World Steel Association Economics Committee Chairman Hans Jürgen Kerkhoff stated, in a release announcing the worldsteel Short Range Outlook 2015-2016.
Crude steel production declined by 3.1 percent in October in China compared to the previous year, mirroring a decrease of 3.1 percent in world crude steel production between the same periods, according to a worldsteel report on October 2015 crude steel production.
Steel prices have decreased by more than 33 percent in China in 2015, reaching a record low of 1,733 Chinese yuan (about $272) on Nov. 18. “With China producing 800 million tons of steel a year—four times more than any other country has ever produced—the sector is in severe overcapacity of some 400 million tons as construction slows in the world's second largest economy,” CNBC reported in an article on why China steel prices hit record lows.
Scrap metal prices have also plunged. Sims Metal Management cited a 30 percent drop in ferrous prices from mid-September to November in announcing cost-cutting initiatives for North American scrapyards on Nov. 18.
When do you expect scrap prices to increase? And what is your steel market forecast for 2016?
Tell us and we will let you know how your predictions compare to those of other recycling industry professionals. Click here to take our Scrap Market Outlook Survey and request a copy of the results.



---EUROPEAN STEEL PRICES ADVANCE IN MARCH
Mar 23, 2016 | WSN Admin | No comment | Steel Price News
00000000

European flat product transaction values rebounded, in March, as import pressure from non-EU suppliers declined.

In March’s issue of the European Steel Review, MEPS reports that European selling values increased, from relatively low levels, this month, after falling for much of last year.

Western European steelmakers announced their second price hike, since the start of the year. Buyers appear to be placing orders at the higher price level due to a lack of attractive import offers.

Quotations from Chinese mills rose significantly, this month. The introduction of preliminary antidumping duties on cold rolled coil from China and Russia also hampered import penetration from overseas suppliers.

In Germany, customers reported that order intake had improved. French service centres noted that flat product market activity remained firm, in March.

Positive price movements have been recorded in Italy. UK selling figures were boosted by improved distribution activity.

In Belgium, domestic figures are higher than those in February. Tighter supply availability lifted Spanish transaction values, this month.

---Chinese steel mill bankruptcies are expected to begin choking capacity. As a result, steel supply will decline as overall global demand for steel in developed and emerging markets, such as China and Brazil are likely to continue growing year over year.
yip73
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21 Jan 2017, 05:09 PMPost #12

上周钢材期现价格均大幅上涨,国务院就钢铁行业去产能工作中个别企业存在的顶风违法违规行为展开调查,国内楼市迎来新一轮调控潮。钢铁现货交易平台发布最新研究报告指出,近期钢铁去产能及环保治理题材再度升温发酵,国内钢材市场供应存在进一步下降的预期,对于当前火热的钢材市场或将再次形成助推影响,预计短期国内钢价仍将延续上涨走势。

  该报告数据显示,上周全国35个主要市场螺纹钢库存量为395.1万吨,增加7.7万吨,增幅为1.99%;线材库存量为86.8万吨,增加1.9万吨,增幅为2.24%。而从全国线材、螺纹钢、热轧板卷、冷轧板卷、中厚板五大品种库存总量来看,全国综合库存总量为855万吨,较前一周增加6.9万吨,增幅为0.81%。

  高级研究员邱跃成表示,全国钢材市场库存结束了此前连续六周的下降趋势,转而出现上升,库存上升的品种主要为建筑钢材,板材库存量依然呈下降态势。当前东北地区工地已基本全面停工,华北京津冀地区发布大范围环保治理,不少工地停工整治,国内钢材市场需求趋弱,库存由降转升。

  11月23日召开的国务院常务会议指出,要指导各地和中央企业严格按标准对今年化解淘汰过剩落后产能任务开展验收,国务院有关部门要按照验收标准组织抽查,严格把关,确保产能真去真退。特别是对落后产能必须坚决淘汰,不得搞等量置换。

  同时消息显示,针对发现的河北安丰钢铁有限公司未批先建边批边建钢铁项目、江苏新沂小钢厂生产销售“地条钢”等顶风违法违规、严重干扰正常生产经营秩序问题,国务院决定派出调查组,予以严肃查处,对相关责任人严厉追责问责,并公开通报调查处理结果。按照国务院部署,国务院两个调查组已分赴河北和江苏,就钢铁行业去产能工作中个别企业存在的顶风违法违规行为展开调查。

  相关机构人士透露,河北、江苏部分钢企已经主动停产配合调查,尤其是江苏地区中频炉生产企业停产较多。后期随着调查的深入,预计将会有更多违规企业出现停产的现象,对市场整体供应将形成一定影响。此外,近日环境保护部派出督查组对山西省太原、临汾市和河北省唐山市应急响应情况开展专项督查。环保部督查组在检查中发现,一些城市存在重污染天气应急响应措施落实不到位的情况。

  邱跃成指出,后期环保治理仍将继续加码,对钢企生产也将形成一定抑制。去产能及环保治理题材再度升温发酵,对钢材市场将形成明显利多。随着楼市调控政策的不断收紧,近期热点城市楼市已经出现了明显的降温迹象。如果楼市降温带来房地产投资增速的下降,对国内钢市需求将产生不利影响。

  自10月份楼市降温以来,资金加速流入大宗商品领域的迹象明显,推动各类商品价格轮番上涨,市场看多氛围浓厚。因此,尽管12月份国内钢市面临需求减弱压力,但在成本高位、钢厂减产、资金充裕等因素影响下,国内钢价或仍有进一步走高的动力。


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