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MCS Steel Non-Voting DR T.MST.UN


Primary Symbol: MSTUF

M.C.S. Steel Public Company Limited is a Thailand-based steel fabricating company. The principal activities of the Company and its subsidiaries are production and distribution of structural steel products for building construction, and residential development projects for sale. It is a large steel structure manufacturer, especially steel beams and columns for the construction of large high-rise buildings such as office buildings, hotels, shopping malls, and others. There are two types of steel structures produced by the Company: the steel structure used as a column-box and the steel structure used as beams, which are important components of the building. Its subsidiaries include Tanaka Welding Center Co., Ltd., which is focused on welder training and real estate; M.C.S.-Japan Co., Ltd., which is engaged in the design and production of structural steel products; and M.C.S. Steel-Xiamen Co., Ltd., which is engaged in the production and distribution of structural steel products.


GREY:MSTUF - Post by User

Post by duplex5696on Jun 04, 2015 2:24pm
139 Views
Post# 23797691

MST.UN-Globe Erroneous figures on Mst earnings & Targets

MST.UN-Globe Erroneous figures on Mst earnings & Targets
The Globe and Mail in providing commentary for the financials of MST confused US prices with CDN and thus reflected very low performance figures for MST.The confusion created substantially lower estimates of earnings for 2016 given that The Globe Used the CDN figures for 2015 and US figures for 2016. I alerted Investor Relations who indicated their own surprise at the selling pressure. MST has already contacted The Globe and is pushing the financial media to make the corrections ASAP.
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