Highlights
KLSE: MASTEEL (5098)       MALAYSIA STEEL WORKS (KL)BHD Main : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
1.13   +0.04 (3.67%)  1.08 - 1.14  3,622,900
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Overview

Market Cap: 281 Million
NOSH: 249 Million
Avg Volume (4 weeks):1,939,355
4 Weeks Range:1.01 - 1.18
4 Weeks Price Volatility (%):
70.59%
52 Weeks Range:0.635 - 1.28
52 Weeks Price Volatility (%):
76.74%
Average Price Target: 0.40
Price Target Upside/Downside: -0.73

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2017[#1]  |  25-May-2017
Next QR | Est. Ann. Date: 30-Jun-2017  |  25-Aug-2017
T4Q P/E | EY: 9.36  |  10.68%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 2.2534  |  0.50
T4Q NP Margin | ROE: 2.43%  |  5.36%

Market Buzz

Date Type Subject
23-Aug-2017 Additional Listing Private Placement - 700,000 shares at 0.995.
21-Aug-2017 Additional Listing Private Placement - 600,000 shares at 1.004.
23-Aug-2017 Forum 2 New Comments

Headlines

Date Subject
08-Aug-2017 Daily Market Update - 8 Aug 2017 (MASTEEL, BIOHLDG)
18-Jun-2017 大马钢厂的老鼠屎/万年船
13-Jun-2017 TECHNICAL BUY - MASTEEL (5098)
10-Jun-2017 Investors must look at the company’s business - Koon Yew Yin
09-Jun-2017 Daily Technical Highlights - (MASTEEL, COMCORP)
16-May-2017 (Malaysia Steel Works) 2016 Annual Report
16-Mar-2017 Buying back Masteel on Weakness as Results are actually in excellent order, By Calvin Tan Research
22-Feb-2017 M+ Online Technical Focus - 22 Feb 2017
21-Feb-2017 Trading idea: Playing catch-up with its peers in anticipation of better 4Q16 results
14-Feb-2017 长钢四侠 之 长钢三叠浪 【ANNJOO SSTEEL MASTEEL LIONIND】
15-Dec-2016 PublicInvest Research Headlines - 15 Dec 2016
09-Dec-2016 Mplus Market Pulse - 9 Dec 2016
01-Dec-2016 Mplus Market Pulse - 1 Dec 2016
18-Oct-2016 Daily Technical Highlights – CSCSTEL | MASTEEL
12-Oct-2016 大马钢厂(5098),钢铁股主题才开始?还是结束了?
16-Sep-2016 MASTEEL - FACTORIES NEAR RM32 BILLION MRT PROJECT JUST LAUNCHED!! TOP PERFORMER EXPECTED!!!
14-Sep-2016 EW & FIBO on MYCRON, MASTEEL, CSCSTEEL, YKGI, EMETALL, MELEWAR, LSTEEL, CHOO BEE
07-Sep-2016 MASTEEL - ITS SALIENT FACTORS (Calvin Tan)
06-Sep-2016 Daily Technical Highlights – MASTEEL | HARTA
04-Sep-2016 钢价趋强.业绩有看头.马钢厂后市看起

Business Background

Malaysia Steel Works (KL) Bhd (Masteel) is a Malaysia-based manufacturing company. The Company is engaged in manufacturing of steel bars, mild steel bars and prime steel billets. Its subsidiaries are Steel Dynamics (M) Sdn. Bhd. and Bio Molecular Industries, which is engaged in manufacturing, research and development of radioisotopes and radiopharmaceuticals products. As of December 31, 2011, the Company held 45.34% interest in Bio Molecular Industries Sdn. Bhd. On August 6, 2010, the Company completed the disposal of its Molecular Industries Sdn. Bhd. (BMI). On January 6, 2011, the Company acquired Metropolitan Commuter Network Sdn. Bhd. In July 2011, the Company sold its subsidiary Steel Dynamics (M) Sdn Bhd.
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  6 people like this.
 
kevin008 the old man no more comment
he sold early haha
09/08/2017 19:16
paperplane he terms used herein, unless the context otherwise states, shall bear the same meaning as those defined in the Company’s announcement dated 25 May 2017 in relation to the Private Placement.

We refer to the announcement made by the Company on 25 May 2017 and the announcement of the signing of the Subscription Agreement dated 17 July 2017.

On behalf of the Board, RHB Investment Bank wishes to announce that the Company had on 9 August 2017 received the 6th Subscription Notice from Macquarie Bank for the subscription of 2,000,000 Masteel Shares at a subscription price of RM0.947. The said subscription price represents a discount of approximately 9.04% to the VWAPs of Masteel Shares for the 5 consecutive Trading Days up to and including 8 August 2017 of RM1.0411.

Accordingly, the Company will issue and allot 2,000,000 Masteel Shares to Macquarie on 10 August 2017. Such shares will be listed and quoted on the Main Market of Bursa Securities on 14 August 2017.
09/08/2017 23:32
paperplane The Macquarie still buying....hmmm
09/08/2017 23:32
paperplane Let's be greedy. EPS is 0.06,Dr is 0.24
09/08/2017 23:34
paperplane P.E 15 is near 3.60. tp get 5 is P.E? So the Peak est
09/08/2017 23:35
John Lu Wah sifu, TP RM5 meh? So fierce?
09/08/2017 23:39
joetosh luckily able to collect @ 1.06 and 1.07... to cover my loss in fgv and dnex... with xtra profit... alhamdulillah...
10/08/2017 00:20
Ricky Lim Wei Yan todsy continue shoot up,definetely
10/08/2017 07:15
FullTime but today got 10% private placement listing today
10/08/2017 08:42
paktua73 old man miss here..
but..
huge earn at pmetal n ssteel..
old man always gila one tut tut
10/08/2017 09:49
JayC why drop geh?
10/08/2017 09:56
paktua73 us vs n korea isu will down more
old man always tut tut
10/08/2017 10:29
leoting @paktua73 be happy to spend money, not need to worry about war.
10/08/2017 10:34
Lucky5201314 Beware
10/08/2017 12:48
Collin Soo Possible to form cup and handle formation?
10/08/2017 14:38
STC1136 中國河北鋼鐵冬季限產!

https://klse.i3investor.com/blogs/kianweiaritcles/129664.jsp

This will benefit all malaysia Metal industries & push Mild steel price at high price.
10/08/2017 16:50
STC1136 https://www.cnbc.com/2017/08/10/chinas-steel-prices-are-rising-and-thats-worrying-beijing.html
10/08/2017 17:02
paktua73 old man win bet at 1.05 1.06
old man gila man come back
dono its luck r bad he he
but..
old man always nyanyuk one buy always when people run he he tut tut
11/08/2017 10:01
KLCI King Ooo...what a week
11/08/2017 10:06
KLCI King Good, added some at 1.07 & 1.08 first
11/08/2017 16:40
14/08/2017 15:35
14/08/2017 15:35
KLCI King For those still in doubt, check it out yourself, the rebar price was RMB4,098 last Friday!

http://www.sunsirs.com/uk/prodetail-927.html
14/08/2017 15:46
14/08/2017 15:54
Ricky Lim Wei Yan well close 1.11
14/08/2017 17:05
paktua73 old man manage sold partially at 1.09 1.10 1.11
oldman always tut tut
15/08/2017 12:11
paktua73 old man sold all at1.09 1.10 1.11
old man always do old man style tut tut
17/08/2017 10:42
Collin Soo I believe the share price will move up quickly after the PP completed.
17/08/2017 18:36
rocketer not yet competed the pp meh
17/08/2017 19:20
Ricky Lim Wei Yan no.news for bonus issue?
17/08/2017 19:35
Ricky Lim Wei Yan today rally
18/08/2017 13:33
Ricky Lim Wei Yan target 1.2
18/08/2017 13:33
efugor what is pp
18/08/2017 15:23
JayC private placement
18/08/2017 15:38
windcloud Ssteel result will be come out first, at that time maybe will reach 1.20, once Masteel result out then will maybe reach 1.30. Hope this time will announce dividend payout since last qtr cancelled.
18/08/2017 16:33
KLCI King Something to look on:

Share capital = 122mil
Share premium = 78mil
Retained profits = 365mil

NTA per share = RM2.32
Current Market price = RM1.11

Last Q EPS = 5.83,
Annualised = 23.32
Annualised PE = 4.76 times


http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2017-03-31/5098_MASTEEL_QR_2017-03-31_Masteel%201Q2017_-131092758.pdf
18/08/2017 17:18
KLCI King Very interesting, something accumulated & ready to burst high!
18/08/2017 17:18
joetosh wahhh... masteel green today... surprise... c u on monday...
18/08/2017 18:55
ChasingDreamz no news on bonus issue?
20/08/2017 16:35
paperplane Div cancelled. Maybe bonus also cancel
20/08/2017 18:59
JayC dividend was not cancelled by management. it was cancelled by shareholders themselves. please take note the difference.
21/08/2017 10:40
onlyinvestment Bonus was approved but ex date havent yet confirm...Lets see this QR will announce bonus detail issue or not
21/08/2017 12:43
heaven123 Shareholders is Management and Management is Shareholders.
21/08/2017 23:49
heaven123 Paperplane very experienced in stock markets. Don't play play my freind. He as good as kyy or otb.
21/08/2017 23:51
paperplane I din say cancelled by management.....But.....So are shareholders idiot?
Hehehe
21/08/2017 23:58
Stock Kingdom Yes, the shareholders attended the AGM was the idiots
22/08/2017 12:38
JayC management has a policy of distributing 10% of earning as dividend. therefore, they proposed, but my guess is that the value is too small, that was why the shareholders rejected it
22/08/2017 14:17
JayC Malaysia Steel Works (KL) Bhd (Masteel) said it will cancel the dividend entitlement announced on April 27, 2017, which would have seen shareholders receive a final dividend of 0.85 sen per share for the financial year ended Dec 31, 2016 (FY16).

In a filing with Bursa Malaysia yesterday, Masteel said this was because the resolution on the payment of the final dividend was not passed at its annual general meeting last Thursday. Only 2.47% of the total voting rights were in favour of the resolution.

Trading of the company’s shares was also halted from 2.30pm yesterday due to the announcement, and will resume today.

Masteel shares ended the morning session down four sen or 3.48% at RM1.11 yesterday, with a market capitalisation of RM270.06 million.

The group returned to the black in FY16, with a net profit of RM21.03 million compared to a net loss of RM50.4 million on the back of a 5.5% growth in revenue to RM1.21 billion i
22/08/2017 14:22
Ymchan The research house has upgraded Ann Joo Resources Bhd to a “buy” with a target price of RM3.80 noting that the company had an extended earnings visibility and effective capital management that should lift its valuations.

UOB Kay Hian noted Ann Joo’s policy of up to a 60% dividend payout implied a dividend yield of 6.6%.

In 2016, Ann Joo distributed 45% of its earnings to shareholders, translating into a dividend yield of 4.8%, it said.

“Ann Joo is our top pick, while notable stocks include Choo Bee, Masteel, CSC Steel and Prestar.

“We expect investors to give due attention to the steel sector, given the sector’s cheap (single-digit) PE multiple in the third quarter, rising domestic demand (amid growing mega project construction activities) and the dearth of alternative compelling investments,” it said.

The research house also upgraded the sector to an “overweight.”

It also noted that while most steel companies traded at about six times price to earnings ratio, Choo Bee and Masteel traded at only half their respective book values.

“Masteel is also a laggard. Prestar comes across as interesting, riding on upcoming highway projects,” added UOB Kay Hian.

Read more at http://www.thestar.com.my/business/business-news/2017/08/23/exceptional-q3-earnings-seen-for-steel-firms/#poEPrfTDMqH8XKdl.99
23/08/2017 10:16
Stock Kingdom Interesting, Masteel is also a laggard
23/08/2017 15:22


 

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