MCS Steel Non-Voting DR 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

MCS Steel Non-Voting DR > record date Sept. 15

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Comment by Tealeaf1on Sep 12, 2016 5:00pm

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Post# 25229575

RE:record date Sept. 15

More likley a reaction to todays Management Internalisation Vote.
Long Hold for now until I get a handle on the Return Economics of That v. their RE Buy in Feb.
Likely to chop around for the balance of the year.
Not seen a lot of benefit from improved Cashflow to the Div. side apart from switching payment fm C$ to US$

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