Highlights
KLSE : MASTEEL       MALAYSIA STEEL WORKS (KL)BHD
Last Price Today's Change   Day's Range   Trading Volume
0.62   0.00 (0.00%)  0.00 - 0.00  0

Overview

Board:Main Market
Sector:Industrial Products
Avg Volume (4 weeks):0
52 Weeks Range:0.575 - 1.12
Average Price Target:0.82
Price Target Upside/Downside:+0.20
View Price Target Detail

Headlines

Latest Headlines
03/07/2015  利空籠罩‧次季恐再虧‧馬鋼廠3年財測大砍
03/07/2015  Malaysia Steel Works - Disappointing Quarter
03/07/2015  Malaysia Steel Works - Hit By Weaker Margins
03/07/2015  Malaysia Steel Works - Poor Start To FY15
26/06/2015  PublicInvest Research Headlines - 26 Jun 2015
23/06/2015  Malaysia Steel Works - FY14 Audited Accounts Qualified
18/06/2015  PublicInvest Research Headlines - 18 Jun 2015
12/05/2015  Malaysian Steel Works - Temporary Suspension
06/05/2015  Daily Trading Idea - MASTEEL – MYR0.61 TAKE PROFIT (TECHNICAL)
29/04/2015  延發財報‧馬鋼廠重挫15仙
28/04/2015  PublicInvest Research Headlines - 28 Apr 2015
23/03/2015  大马钢厂总有出头天
19/03/2015  Trading Stocks - 19 March 2015 - GTRONIC | GHL | IHH | FARMBES | MASTEEL | Jaya Tiasa
12/03/2015  鐵道計劃如期進行‧大馬統一一度揚10.84%
11/03/2015  Masteel Warrants Gain Steam
02/03/2015  Malaysia Steel Works - Above Expectations
02/03/2015  Malaysai Steel Works - Dragged By Unrealised FX Loss
23/02/2015  PublicInvest Research Headlines - 23 Feb 2015
13/02/2015  Building Materials - “Steel” Tough

  3 people like this.
 
ks55 Simply prove the quality and credibility of so called analyst from Public Invest.
6 days ago still ask for strong buy with TP 1.10.
Now ask for strong sell with TP 56 sen.

In Public Invest you trust will bring you to holland in a supersonic jet like Concord.....
03/07/2015 11:29
anonymousinvestor They cant control the steel price, low steel price did hurt their margin. But government jz started the import duty from last month, June. My personal thought, 10 millions is not much for Masteel. Though current results is always important, but share price also takes in and reacts to prospects and future.

Anyway I believe when it going to re-trade, think it's kinda obvious that it will surge, regardless of the quarter results. Afterwards have to depend to the steel price and the catalysts. I not worry because I bought cheap, to punt for the catalysts when I heard the share price was hammered on purpose for Mr Liow and the friends.

Sg-KL high speed railway tender starts in early of 2016, to be completed by 2020. Iskandar-Sg railway project announcement by this year.

http://www.todayonline.com/singapore/singapore-malaysia-working-agree-high-speed-rail-project-q3
http://www.thestar.com.my/News/Nation/2015/02/01/liow-iskandar-rail-tender/
03/07/2015 11:42
ks55 Q2 result will be the extension of Q1.
More write off is expected.
Directors will be more careful to play with creative accounting.
Higher inventory make cash flow a serious problem.
03/07/2015 11:47
YourMotherInLaw lets see on how things will go out. Margin at only a meagre 2%. any business will die with this margin.
03/07/2015 11:52
keanchung We refer to the announcement made on 19 January 2011, wherein Masteel announced that the Company had entered into a Head of Joint Venture Agreement (“MOU”) with KUB Malaysia Berhad (Company No. 6022-D) (“KUB”), a company listed on the Main Market of Bursa Malaysia Securities Berhad whereby KUB and Masteel (“Parties”) have agreed to combine their capabilities and resources to co-operate and collaborate with each other in the joint-venture company, Metropolitan Commuter Network Sdn Bhd to pursue the rail transit network project in the Iskandar Development Region (“Project”) and the Parties are desirous of submitting a joint proposal for the Project to the Government of Malaysia. Pursuant to Bursa Malaysia Securities Berhad's letter dated 4 August 2006, we wish to announce the status of the MOU as follows:-

The Management continues to work with the relevant parties including government authorities pertaining to the proposed Iskandar Malaysia Commuter rail project.

Meanwhile, its Joint-Venture Partner, KUB had announced its intention to consummate the MOU signed in 2011 subject to its Investment Committee's review in due course.

Rail project most likely cancel by KUB.
03/07/2015 14:00
onetonneman r°Moi, yes, please share with us your thought. Thank you.
03/07/2015 23:52
onetonneman With so many issues surrounding the company’s financial reporting, having a minor plunge (max: 10%) in its share price may be inevitable. However, it will not drop below 30 sen in the near term despite the weak first quarter performance. Having previously bought the share at 60 sen, I believe that it’s a “decent” bargain price (and the risks have been factored in). Thus, I do not believe that it’s going to tank much further. In addition, I believe that it’s just a temporary setback and the problems won’t linger very long. If anyone believes that the counter is worth no more than 30 sen, please share with us your quantitative analysis of the stock (based on its latest financial statements). We would be more than happy to listen to your comments (or advice).
04/07/2015 01:20
davidkkw79 Alamak, the romantic dream of masteel still not wake up ? Still dream of romantic rebound ?
04/07/2015 16:18
Goodnews No hurry to wake up. Wait for market to stabilise perhaps CI reach 1750?
04/07/2015 16:20
LOOKAHEAD MRT line 2, from Putrajaya to Sg Buloh (52.2KM) plan to construct next year. TRADEWIND another 100 story building office block, hotel and retail at Jalan Sultan Ismail are confirmed. Hope MASTEEL can recover from KL mega project. MASTEEL please wake up.
06/07/2015 10:18


 

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