m00077MANY PEOPLE DON'T UNDERSTAND EPS AND PE RATIO, THIS IS A PROBLEM. THEY SEE THE EPS IS ONLY 4.41, THEY DON'T UNDERSTAND THAT THE PAR VALUE OF MASTEEL IS RM0.50 AND THE PAID UP CAPITAL IS SMALL AT RM122 MILLIOM, WITH THE PROFIT OF Q2 OF MORE THAN RM10 MILLION, IT LOOKS LIKE THE PROFIT IS LOW COMPARED TO ANN JOO. BUT ANN JOO'S PAID UP CAPITAL IS RM522 MILLION AND ANN JOO DID NOT MAKE PROFIT IN Q1.
VenFxNot good for shorterm punters. 1st Support @$0.650
moneySIFUIn collection mode now, drop more mean more margin of safety and cheaper....
The problem is to buy in all now? Buy cheaper later? Or buy more expensive later... tough
6044Only news to push steel counters now is to upgrade tp and good future outlook statement from analysts/fund managers, otherwise no other factor at current stage...market volume getting lesser, next week 31/8 off, US Fed comments this week & early nxt week, tomorrow dataran merdeka gathering for MO1, so with all these happenings what do you think of coming bursa market movement ? Perhaps for 2-3 weeks quiet and it will come back for Malaysia Budget play.
The One ⇨Me opine its better to take profit.. monitor closely.. and then buy again on weakness. The QR has already priced in (as usual) .. hmm
moneySIFUCant predict so much, will stick to my own strategy, buying progressively everyday. Cheaper better
Nigel LowUnloaded, judging from movement, it will continue going downtrend. I may be wrong, whatever it is, trade with care and do yr homework.