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Nico Steel
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bsiong
Supreme |
14-Oct-2011 00:18
Yells: "The Greatest Wealth is Health" |
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Nico Steel sees 35% fall in 1H net profitNico Steel Holdings has reported a 34.7% y-o-y increase in revenue to US$26.7 million ($34.2 million) for 1HFY2012, led by demand for the group’s commercial and customised metal alloys. China remained the key revenue driver for the group, contributing 78.3% of total revenue. Gross profit margin fell 3.9 percentage points y-o-y to 12.7% as metal prices rose. Net profit attributable to shareholders of the company declined 35% y-o-y to US$695,000. The group expects business in 2HFY2012 to be slower due to the uncertainty of the US and Europe economies and the floods in Thailand, the second largest revenue generator.
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AT01167
Senior |
26-Oct-2007 16:02
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Hope for the best :) |
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francisd
Veteran |
17-Oct-2007 08:55
Yells: "BUY LOW SELL HIGH" |
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Any news guys, NICO is still on TH. No ann. yet from them. | |||||||||||||||
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AT01167
Senior |
08-Oct-2007 09:41
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A big step in the 1st hr today Choeng cheong |
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ahxing
Member |
03-Oct-2007 11:54
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Of course is god news leh.... this counter slow ans steady one.. | |||||||||||||||
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AT01167
Senior |
01-Oct-2007 23:35
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so is this good news ? |
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francisd
Veteran |
01-Oct-2007 14:35
Yells: "BUY LOW SELL HIGH" |
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Good news for NICO shareholders. NICO STEEL HOLDINGS LIMITED (CO. REG. NO. 200104166D) MEDIA RELEASE ? FOR IMMEDIATE RELEASE Nico Steel is appointed as authorized distributor for Chinalco Henan Aluminum Fabrication Co., Ltd - subsidiary of Chinalco ( 中国铝业集团有限公司)? confidence in Nico?s source of superior material quality Signifies Nico?s strong supplier network and will enhance customer? more than USD 5 billion Market potential of PRC Metal Service Centre industry is estimated at1? Expects record revenue and earnings in FY2008 |
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francisd
Veteran |
09-Aug-2007 11:27
Yells: "BUY LOW SELL HIGH" |
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NICO, this counter has got lot of potential. I am really excited about it, since ther recent deals in China. I am still holding on inspite of losing all my profit. 
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winsontkl
Elite |
07-Aug-2007 22:39
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WHY dry up, no transaction toDAY???? |
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ahxing
Member |
07-Aug-2007 00:35
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Indeed. More to go~ Up. | |||||||||||||||
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winsontkl
Elite |
07-Aug-2007 00:03
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ahxing, kian ann is rather UP at the moment, looking for fundamental stock with good entry price. Think this counter is a good candidate, but patient will paid off since it just paid out 1 for 4 bonus recently with a good dividend.... | |||||||||||||||
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ahxing
Member |
05-Aug-2007 01:44
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I will post when i felt is a good time to enter. I felt the storm wont be over so soon, Keep your fingers cross... Meanwhile leave this counters and look at kian ann =) |
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winsontkl
Elite |
03-Aug-2007 00:03
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"wait for storm to be over"?????? What do you think, ending soon OR is it the beginning???? True, never catch a dropping knife..... too dangerous. Monitoring at this counter at the moment, do highlight if you think that the time is right, will consider picking up some since the fundamental looks quite good. Cheers. PS: happy hunting. |
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ahxing
Member |
01-Aug-2007 23:48
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Hi senior, I wont be entering so soon. I will wait for the storm to be over. As u can see from this counter, the vol is so low and it will take quite sometime to climb esp in this sentiment mkt. If want to enter, u really got to have patient and long holding power. Now the price is consider oversold, worth buy but i not gg to vest yet. | |||||||||||||||
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winsontkl
Elite |
01-Aug-2007 23:25
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ahxing, what's the attractive entry price for this counter that you will enter.... | |||||||||||||||
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ahxing
Member |
01-Aug-2007 19:51
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Time to let go b4 it drops further. When people get their bonus sure will let go further. Haiz~ Presently wait and not vested. | |||||||||||||||
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ahxing
Member |
23-Jul-2007 20:24
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Hey guys... Turn to enter again after down turn for long..~~ Vol is low. Think enter at the range of 0.28 to 0.32. Nico steel still got many potential. Meanwhile wait first~ | |||||||||||||||
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francisd
Veteran |
22-Jul-2007 15:23
Yells: "BUY LOW SELL HIGH" |
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The buyers and sellers are very strong on their own. Trying to squeeze the sellers. This stock should be on the watch list of very one. It has gone up with dividend and also Bonus shares. Vested. | |||||||||||||||
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winsontkl
Elite |
17-Jul-2007 21:35
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XB tom, see how it fare.... | |||||||||||||||
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1234567
Senior |
17-Jul-2007 14:17
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hi jerrymaguire, fyi.
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