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 > RBC

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Comment by retiredcfon Oct 06, 2016 2:29pm

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Post# 25318554

RE:RE:RE:RE:RBC

A few of the REITs have been down lately as investors worry about the Fed increasing interest rates before year end (eg. CSH.UN was down 5% yesterday). But the declines in MST.UN seem a bit more concentrated in the last few weeks. Pure spec on my part, but it wouldn't surprise me if some quick rich US shorter was giving us a go.

While the recent decline in SP is annoying, I'm a long term investor and this company should do very well in the future. GLTA

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