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.

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MCS Steel Non-Voting DR > This Puppy is going nowhere

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Post by uchuckon Dec 16, 2016 11:02am

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Post# 25610050

This Puppy is going nowhere

Am gradually reducing my holdings on this...past 3 months, it's down 5.5%, but BMO's Cdn.-hedged "ZDJ" is up 9.7% over 3 months, no doubt due to the Trump "euphoria" of late. MST.UN pays a lousy divvy of 1%. Wowee.
I made a mistake by plowing over 5% of my holdings awhile back into MST. Don't do what I did. When overall TSX is up significantly, something like this mistake of mine tcan pull you down.
BTW, Janet Yellen wants to "keep her job." How so? She raised the Fed. interest rate 2 days ago.Trump wanted this to be done one month ago. The News Media slept through this whole event.

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