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.
Alex Channot too bad...estimate annual eps = 14, at PE of 10, it is 1.40, PE 12 is 1.64....undervalued... Thumbs Up
winmanthanks alex, the silver lining is here finally for those who patiently waited , syabas and more good shows expected soon.
LembusialMalaysia Steel Works (KL) Bhd’s (Masteel) pre-tax profit for the third quarter ended Sept 30, 2013 increased to RM10.28 million from RM7.55 million recorded in the same quarter last year.
myky67Masteel is very good management company.. 3Q13 Profit increased to RM10.28m & declared dividend to reward the shareholders....
winmangood set of result and but no movement yet, remember a sing remiser once seriously said how fundamentally strong your stock is at, it will never move provided its in play, someone have to push it with big vol, taking that as the reason at the moment, any alternatives.
goldenhornHi Winman, I'm always favor this stock and the warrant now is priced at 0.375. Is it a good time to collect now? Or I should play safe to collect the mother stock?
winmanyes goldenhorn, i favour wa, the margin is much much better but beware its expiring in 2 yrs, intent to add some when its at around 33, quite safe here , co. performance good, just wait for one fine day it will shoot up
winmanhi to all , like to post this for all listener out there http://www.youtube.com/watch?v=DrSrMamJNDs