Highlights

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Thu, 27 Jun 2019, 11:00 PM

 

LAFARGE CEMENT up 100% CHUN CHUN TODAY. WILL MASTEEL REACH RM1.00 BY ECRL ALSO? Calvin Tan Research

Author:   |    Publish date:


Hi guys

Just less than 3 months ago Calvin Tan Research recommended Lafarge Cement at Rm2.25 due to the prospect opf ECRL (East Coastal Rail Link)

TODAY LAFARGE TOUCHED RM4.50 FOR A CHUN CHUN 100% UPSIDE IN LESS THAN 3 MONTHS!!

 

SEE

ECRL (EAST COAST RAIL LINK) LAFARGE WILL BE TOP BENEFICIARY FOR CEMENT & AGGREGATE, Calvin Tan Research

Author:   |    Publish date: 

 

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/199876.jsp

 

THIS PROVES THAT CALVIN TAN RESEARCH IS CHUN CHUN ON BUYING VALUE STOCKS WITH GOOD PROSPECTS (NO PUMP AND DUMP PLEASE) EVEN UZMA NOW WITH 3 INVESTBANK DOWNGRADING PLUS KWAP SELLING IS AN OPPORTUNITY FOR CALVIN TO BUY MORE ON WEAKNESS (FOR YOUR INFO CALVIN HAPPILY BOUGHT  MORE UZMA AT A LOW OF 65 SEN TODAY

NOW BACK TO MASTEEL

GREAT SIFU PETER LYNCH SAID THERE ARE 6 CLASSES OF STOCKS 

AMONG THEM ARE TURNAROUND, ASSET PLAY & CYCLICAL

PETER LYNCH IS THE ONLY FUND MANAGER WHO HAS BEATEN WARREN BUFFET'S BERKSHIRE FOR A DECADE

AND PETER LYNCH BOUGHT AND SOLD OVER 2,000 TYPES OF STOCKS IN HIS MAGELLAN FUND OVER A 13 YEAR PERIOD. NOTE: FOR CYCLICALS YOU SHOULD NEVER BUY AND KEEP. YOU CAN ONLY BUY WHEN P/E IS HIGH AND PRICE IS LOW AND THERE IS WIDESPREAD PESSIMISM. . CONVERSELY, YOU MUST SELL CYCLICALS WHEN P/E IS LOW AND PRICES ARE HIGH & THE CROWD TURNS BULLISH

SOME CYCLICALS HE BOUGHT AND SOLD MORE THAN 3 TO 4 TIMES

CALVIN IS VERY HAPPY TO HAVE BOUGHT MASTEEL (MASTER OF LONG STEEL) IN YEAR 2006 WHEN PM BADAWI IMPLEMENTED 9 MP (9TH MALAYSIA PLANS)

CALVIN BOUGHT ALL THE CEMENT COMPANIES & ALL THE STEEL COMPANIES

IN THE END ALL CEMENT COMPANIES BUT NOT ALL STEEL COMPANIES DID WELL

ONLY 3 STEEL COMPANIES DID WELL DURING 9 MP CONSTRUCTION BOOM = MASTEEL, ANNJOO STEEL & SOUTHERN STEEL

SO FEW YEARS BACK CALVIN AGAIN BOUGHT MASTEEL AT 66 SEN AND SOLD IT AFTER IT DOUBLED TO OVER RM1.20

AFTER THAT OTHERS CHASED MASTEEL INTO OVERVALUATION TO RM1.90

NOW THAT MASTEEL HAS FALLEN BACK DUE TO PH GOVT CANCELLATIONS OF HIGH INFRAR JOBS MASTEEL HAS FALLEN BACK TO ITS CYCLICAL LOW AT 50.5 SDEN IN REAL TIME CLOSING PRICE RIGHT NOW

NOW WHY IS CALVIN BULLISH AGAIN ON MASTEEL?

ANSWER:

ECRL INFRAR JOBS HAVE RESTARTED. LAFARGE CEMENT NOW UP BY 100%

AND ECRL ALSO NEED LOTS AND LOTS OF LONG STEEL

LAFARGE CEMENT UP 100% FROM RM2.25 TO RM4.50 TODAY. TIME TO BUY MASTEEL (5098) AS IT IS A LAGGARD

 

Hi guys,

BOTH LAFARGE (CEMENT) & MASTEEL (LONG STEEL) WILL BENEFIT FROM ECRL (EAST COASTAL RAIL LINK) CONSTRUCTION

 

LAFARGE IS ALREADY UP BY 100% WHILE MASTEEL REMAINS A LAGGARD

 

THESE ARE SOME SALIENT FACTORS FOR MASTEEL

 

  1. AT 51.5 SEN WITH NTA OVER RM1.50 MASTEEL IS SELLING AT ONLY 1/3 OF ITS NTA. HIGH MARGIN OF SAFETY

2. WITH THE FLOODING OF VALE IRON ORE MINE RAW IRON ORE PRICES ALREADY UP BY MORE THAN 70%

MASTEEL WISELY TURNED TO SCRAP METAL USE WHICH IS CHEAPER. SO AMONG ALL 4 LONG STEEL PLAYERS MASTEEL WILL HAVE THE LOWEST FEED COST FOR STEEL

3. LIKE LAFARGE FACTORY IN RAWANG MASTEEL FACTORY IN KLANG IS ALSO VERY NEAR THE ECRL. THIS WILL SAVE TIME AND TRANSPORT COST. ANOTHER PLUS FACTOR

4. SO EASY TO BUY LONG STEEL STOCKS AS MASTEEL IS ONE OF TOP 3 LONG STEEL PLAYERS. THE OTHER 2 ARE ANNJOO & SSTEEL AND MASTEEL BEING PURE LONG STEEL WILL HAVE THE MOST EXPOSURE (FOR CONTRUCTION COMPANIES BIDDING FOR ECRL JOBS THERE ARE THOUSANDS. WHICH ONES WILL BE CHOSEN. WHY SO DIFFICULT LEH? JUST BUY MASTEEL AS ALL CONSTRUCTION PLAYERS WILL STILL NEED TO BUY LONG STEEL TOGETHER WITH  BUYING CEMENT

 

5. LONG STEEL IS USED FOR BRIDGES, RE INFORCEMENT & RETAINING WALLS NEAR EMBANKMENT TO PREVENT SOIL EROSION & GIVE STABILITY TO TERRIAN

JUST AS CEMENT FOR THE BODY THE BACKBONE SUPPORTS A PERSON. MASTEEL GIVES SUPPORT FOR INFRAR WORKS

 

6. OTHER WORKS NEEDING LONG STEEL ARE PAN BONEO HIGHWAY & BANDAR MALAYSIA AS WELL AS THE UPCOMING HIGH SPEED RAIL NEXT YEAR LAUNCH

 

7. BEST OF ALL IS THE PRICE

AT 51.5 SEN NOW MASTEEL IS AT ITS CYCLICAL LOW

 

CALVIN HAS A MODEST TARGET PRICE OF RM1.00 FOR MASTEEL

 

BEST REGARDS

 

Calvin Tan Research

Singapore

 

Please buy /sell or keep cash after doing your own due diligence

 

HOW IT WORKS

 

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THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Fri, 14 Jun 2019, 1:19 PM   |  >> Go to Blog Dashboard

  

WHY CYCLICAL MASTEEL (5098) - Master of Long Steel Will Go into A Cyclical Rebound, Calvin Tan Research

Author:   |    Publish date: 



Hi guys,

I have bought & sold Masteel in Its Cyclical UPs & Cyclical DOWNs for more than a decade already.

Let Calvin share his experience on a Cyclical like Masteel

When Pm Badawi came into power he cancelled many grandoise projects of Tun Dr Mahathir & that led to an economic contraction. He said Malaysia had no money then. That led to the protest of Tun Dr. M saying that Malaysia still has money from Petronas

Then Pm Badawi implemented a Huge Infrar project for the 9MP (Malaysia plan) for 2006 - 2010

Seeing the Huge Amount of CASH Pouring into Infrar Jobs I sensed that there will be a Huge Demand for Cement & Steel

SO AT THAT TIME I WAS STILL A NEWBIE I BUY BOUGHT UP ALL THE CEMENT COMPANIES

I bought YTL CEMENT at Around RM2.20

Bought CIMA (Cement Industry of Malaya) at Rm2.40

Bought TASEK CEMENT At Rm2.90

Bought LAFARGE CEMENT  at 66 sen (Whoa this one people were throwing and throwing by the Millions, tens of millions being sold when I was fearfully buying at 66 sen) Lafarge later merged from 10 lots into 3 with 20 sen Cash payout (After that LAFARGE ROSE TO OVER RM10.00; if only those dumb sellers know ahead of time)

Later TASEK Rose to Over Rm16.00 while Ytl Cement was taken private by YTL after price has doubled & CIMA also taken private by UEM

 

NOW COMING BACK TO STEEL. Steel was really trickier as there are so many many - Mycron, Melewar, AISB, Choo Bee, Lionind, CscSteel, Ann Joo (Annjoo got 2 but later merged into one), Kingsteel, Southern Steel, Prestar,  Masteel & several others

Ha! Only later, much later, I found out that while All Cement Companies did very well generally the same cannot be said about steel

Only 4 Steel Stocks Shone in the end. All Long Steel Stocks for Infrar jobs while Prestar has Wheel Barrow & GUardrail for Highways

The rest of my investments in flat steel went nowhere and it was a waste of time and money

BUT I GOT AN IMPORTANT LESSON

So later when Next Infrar Boom Cycle Retarts I only go for Long Steel & Prestar

So Far It was Chun Chun

 

I bought Prestar again at 45 sen & Prestar gone up 200% in recent cycle

See

 

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Fri, 8 Mar 2019, 09:25 PM   |  >> Go to Blog Dashboard

  

PRESTAR: PRE-STAR Or Before It Turns into A STAR PERFORMING STOCK By Calvin Tan (Perth, Australia)

 

Author:   |    Publish date: 

 

Hi Guys!

I am now in Perth, Australia.

I first came to Perth about 20 years ago.

Then Perth was quite backward & rural.

Not anymore now.

I got caught in North Perth's Massive Traffic Jams.

And I SEE an Idea I want to share here.

SEE the widening of Perth's Highway - leading to huge demand for more Highway Guard Rails.

 

Every time a rural road expands from 2 lanes to 4 lanes there is a NEED for 4 NEW SETS of Highway Guard Rails.

I can SEE So FAR From PERTH That With The Ever Increasing Number of Cars, SUVs, JEEPS, Buses, Lorries in Malaysia there will be the continual expansion of Roads into New Highways - Translating Into More Needs of Highway Guard Rails-

 

So HEY PRESTO! Or Rather HEY PRESTAR!

 

YES! PRESTAR CAME TO MIND.

 

Regards,

 

Calvin,

Perth, Australia

 

THE INVESTMENT APPROACH OF CALVIN TAN

Author: calvintaneng   |   Latest post: Fri, 8 Mar 2019, 09:25 PM   |  >> Go to Blog Dashboard

  

PRESTAR - THE UNDERVALUE LAGGARD CONSTRUCTION MATERIAL STOCK THAT WILL PERFORM

 

Author:   |    Publish date: 

 

PRESTAR – THE UNDERVALUE LAGGARD CONSTRUCTION MATERIAL STOCK

 

With the Contraction in China, the Overvaluation of Export Stocks & The Overstretched Consumers  of Malaysia Impacted by 6% GST & High Imported inflation due to weak ringgit there are really few stocks left for the picking in Bursa.

There remains a Class of Underperforming Stocks that might go against the trend – “THE CONSTRUCTION  MATERIAL STOCKS LIKE KPSCB, KIMLUN, CEPCO & PRESTAR”. As KPSCB, KIMLUN & CEPCO Have Already Run Up 20% to 30% In Prices Our Focus Now Turn To  PRESTAR.

 

PRESTAR Or PRE-STAR

“PRE” As in “PREVIOUS” Or “Before”

Or In Other Words “Before IT TURNS INTO A STAR”

SO NOW IS THE TIME TO BUY PRESTAR “BEFORE IT TURNS INTO A STAR PERFORMING STOCK”

 

PRESTAR – THE RISING STAR AMONG CONSTRUCTION MATERIAL STOCKS!

ITS SALIENT FACTORS:

1)  At 50 cents with NTA at Rm1.23 PRESTAR IS SELLING AT A HUGE 60% DISCOUNT TO NTA. It Has A Big Margin of Safety.

2) Foreward P/E is a low 3.66. Beating many Export Furniture and E & E Stocks hands down.

3) Its Debt is Well Cushioned By Its High Tangible Assets Still Not Revalued Yet. Its Properties were purchased long ago in strategic locations. If Company wanted to It Can Revalue All Its Properties Like HapSeng, Seacera & Eg and book them as immense profits.

4) Unlike All Other Steel Companies Impacted by China Steel Dumping PRESTAR Like KPSCB, KIMLUN & CEPCO Are Into Niche Manufacturing of Specialty Construction Materials like High Way Guard Rails and Wheel Barrows. So It has avoided the carnage caused by Cheap China Steel.

5) 10 Highways Including Pasir Gudang Highway, West Coastal Highway, Bandar Penawar – Sungai Ringgit Highway, Pengerang Highway & the 1,600 km Pan Borneo Highway will spur Great Demand for Prestar’s Highway Guardrails.

6) Prestar also stand to reap higher profit due to the collapse of nickel and iron ore prices by 60% to 70% as its Guard Rails use a lot of nickel. This will boost Prestar’s profits further.

7) Prestar also has a factory in Vietnam like Pohuat. With TPP now signed Prestar will do very well as both Vietnam & Malaysia are expected to be top beneficiaries.

8) PRESTAR Also Invest In The Shares of POSCO, In Which the World’s Greatest Investor, Warren Buffet of Berkshire Hathaway,  has a Share also.  Partnership in prosperity!

9) SEEING ITS BRIGHT FUTURE INSIDERS AND DIRECTORS HAVE BOUGHT MILLIONS OF PRESTAR SHARES ON THE QUIET. A Check with these Directors and Insiders Show That They Have Bought PRESTAR Shares As High As Rm1.00 And Now Still Buying Even More at Depressed Prices.

10) A 2 Cents Dividend has been proposed. That means that Prestar is giving a 4% yield. Will there be another double digit dividend like those years when INSIDERS Bought As High As Rm1.00?  It remains to be seen.

PRESTAR IS A STOCK WITH LIMITED DOWNSIDE WHILE ITS UPSIDE IS BRIGHT WITH THE UNFOLDING OF 10MP & 11 MASTER PLAN PROJECTS STILL BEING AWARDED.

 

Calvin has a target price of Rm1.00 (The Price Reached When PM Badawi implemented 9MP).

From 50 cents we expect a modest 100% Upside.

 

CHEERS!

Regards,

Calvin

{This article posted while holidaying in Australia.)

Note: On May 9th, 2007 PRESTAR Declared a 22% Special Dividend which equals to 11 cents. Prestar price crossed Rm1.00 then. Instead of selling Directors & Insiders were buying . As of now PRESTAR is selling at half price & Directors/Insiders are still buying. So will there be ANOTHER SPECIAL DIVIDEND?

 

WAHAHA! 
LATEST UPDATE ON 7TH SEPTEMBER 2016.

PRESTAR TOUCHED 73.5 CTS TODAY! UP 63%

HIP HIP HURRAY!!

NOW FOR MASTEEL'S TURN!

 

AND AFTER POSTING ABOUT PRESTAR I BOUGHT MASTEEL AT 66 SEN & POSTED 

 

See Long Steel is for Structure Strengthening

 

HOW IT WORKS

1) LONG STEEL REBARS ARE NETTED INTO RECTANGULAR SHAPES BY ROUNDING & ROPING THE WHOLE LENGTH IN PLACE

 

2) NEXT PLYWOOD IS USED TO FORM BOXES ENCASING THEM

 

3) FINALLY CONCRETE AGGREGATE & CEMENT POURED INTO THEM AND HARDENED

 

THEY BECOME PILLARS FOR HIGH RISE BUILDINGS, MRT & LRT  & RAILROAD HIGHWAYS LIKE ECRL (EAST COASTAL RAIL LINK, PAN BORNEO HIGHWAY & BANDAR MALAYSIA) PILLARS, SUPPORT FOR ROAD & RAIL BRIDGES, WALL ENBANKMENTS TO PREVENT EROSION OR LAND SLIDES

AND MASTEEL SUPPLIES MORE PURE REBAR AS A PURE LONG STEEL PLAYER

 

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Labels: LAFMSIA, MASTEEL

Related Stocks

Chart Stock Name Last Change Volume 
LAFMSIA 3.39 -0.06 (1.74%) 49,700 
MASTEEL 0.495 +0.01 (2.06%) 1,507,500 

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GTMS again kanasai analysis
14/06/2019 1:28 PM
calvintaneng Showing 1 comment.

GTMS AGAIN YOUR LAFARGE CEMENT CHUN CHUN HIT 100% JACKPOT IN LESS THAN 3 MONTHS
14/06/2019 1:28 PM

THUMBS UP TO ALL WHO BOUGHT LAFARGE AT RM2.25

NOW ALL LAUGHING ALL THE WAY TO THE BANKS

SEE

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/199876.jsp
14/06/2019 1:34 PM
Beary Lying and sweet talking is how used car salesman conman calvintanenen earn his living.

He and his johor gang are just a pump and dump BUSTERDS.

He recommends hundreds of stocks and pretends he held on to them forever.

When price goes up months/years later he will come back to claim credit whereas he had already sold long time ago when price up by 5%.

Latest example being lafarge.

When price down he will just say buy more and keep forever whereas he himself already cut loss long time ago.

Latest example being uzma

LYING MADERFAKKER BUSTERD SON OF A BITCH.
14/06/2019 4:32 PM
apolloang masteel must ask dato OTB not datuk calvin…...hehe
14/06/2019 4:35 PM
calvintaneng Masteel OTB will come after it reaches Rm1.00
14/06/2019 5:17 PM
calvintaneng Sleepy bear thought Calvin promoted hundreds of stocks

The truth is this whole year I think only 30 to 40 stocks the very most

Out of these 30 over stocks

Naim already hit 100% profit Chun Chun as well as Carimin

Now this lafarge also hit 100% profit Chun Chun when it touched Rm4.50 from Rm2.25 buy call in March 2019

Tell you the Big secret

For a stock to go up there must be strong catalyst

1. Naim gone up because of Oil And Gas Boom

2. Lafarge Cement went up due to Ecrl restoration

So these are the 2 powerful catalyst for Year 2019

1. Petronas giving Rm30 Upstream jobs is a powerful catalyst

2. Ecrl jobs and demand for construction materials like cement and long steel bars will be another Chun Chun catalyst

Now Eagle Vision looks ahead to Year 2020

Year 2020 will be Visit Malaysia Year 2020

So the catalyst will be incoming tourism boom

Calvin already selected Asb (advance synergy Bhd) to go into a boom time as it is mainly a tourism related company

Asb operates 15 hotel holiday Villa and resorts and own 10 of them

Plus Asb also sold and got a booking for it's prime freehold shah Alam land for Rm124 millions of which Rm80 millons or 8.3 sen will be it's net profit

All these are real businesses making real monies

All go up on their own strong steady solid fundamental one by one

That's it

Chun Chun on Value
With Chun Chun Catalyst to unlock Value

Hip hip hooray
14/06/2019 7:16 PM
nckcm Steel price is like shit now no way to rm1.
14/06/2019 7:23 PM
calvintaneng Precisely steel prices are bad and people avoid it therefore it is cheap to buy now

Always the same after more than 10 long years experience with long steel stocks

By the time Ecrl and Bandar Malaysia in feverish construction then the sale of long steel will increase and Masteel will report good earnings

By then

Orders for long steel will be at its peak

Profits also at its peak

P/E will be low

And many analysts will go GaGa over long steel stocks and prices would have surged

At this time of euphoria many will finally turn bullish

But tooooo late!

Because that will be the time to sell and not to buy

So 90% of the people avoid buying cyclical masteel while cheap and this 90% of the people will only chase masteel AFTER it gone up alot and turn into Ms Universe stock again

So 90% of the people will surely, eventually lose money

Their greatest enemy is themselves

They feared when they should be greedy because price is cheap and unwanted

And they get greedy when they should be fearful because prices are chased up very high later
14/06/2019 7:31 PM
calvintaneng Posted by Eric Au > Jun 14, 2019 8:55 PM | Report Abuse

Masteel coming?


Eric Au,

Coming is a sure thing as Ecrl will need a lot of long steel bars. One ton of cement is rm350

One ton of long steel rebar ranges from Rm2,300 to Rm3,000

So masteel stands to reap high profit when all the engines of construction for infrar firing up again

Of course there might be a time lag or delay as thousands of contractors are shortlisted for selection in the Ecrl project

Maybe my buy call still early

Never mind. I called for a buy on Carimin way too early in Jan 2018 and price of carimin even weakened further. But more than one year later price shot up double

So my buy call on masteel may be too early

Never mind. I am prepared to hold as Ecrl is a sure thing. Bandar Malaysia is also a sure thing and Pan Borneo highway is now a reality..it is still a work in progress.

So the verdict is

Coming bull run time again for masteel

When?

That I cannot tell for sure

For now what we should do is buy while still cheap
14/06/2019 11:43 PM
Coffinmoneytrader Let tell you something

For 2019 until today steel price especially long product is not looking good due to high supply.

The first half of 2018 still looking supported with anti dumping tariff.

But, Second half price slump badly due to new steel producer start commissioning their new plant then start selling to the market.

Let me introduce you: ALLIANCE STEEL at MCKIP

Their new plant with 3.0++million annual tonnage(right now they are the biggest blast furnace steel operator at this country taking over annjoo) is the real threat.

(Yeah, some said it mainly for export but they also sell to the domestic market, at one time as low as rm19xx++).

Also to make thing worst, hiap teck eastern steel also resume operation.

After GE14, even with a resume of some mega project, the price still too soft,

Property market also got too many overhangs product, the developer not too eager to lunch any new mega township or development at the moment

That's the reason for the feb & may earning, all major player (annjoo,ssteel,lionind,masteel) reporting a significant loss
15/06/2019 10:11 PM
calvintaneng Tell me something?

Ok both already old news

For Hiaptek there are into a different class of steel pipes

No threat at all to long steel players

For Alliance Steel I have a doubt about another China company hiding behind walls & stealing water See https://www.thestar.com.my/news/nation/2018/05/22/steel-company-being-investigated-for-allegedly-stealing-nearly-rm500k-of-water/

All the China red chip companies listed in KLSE like Xinquan, XDL, CSl, Maxwell & all the others no exception are all failures

NOW LET ME TELL YOU WHAT I KNOW ABOUT MASTEEL FOR MORE THAN A DECADE

1) MASTEEL RAISED ITS FUNDS BY PRIVATE PLACEMENTS EASILY (SO NO HIGH BORROWINGS)

2) MASTEEL HAS HIGH MARGIN OF SAFETY WITH NTA OVER RM1.50. PRICE IS ONLY 1/3 OF NET ASSET VALUE

3) MASTEEL HAS A COMPETITIVE EDGE AS IT USES CHEAP SCRAP METAL WHICH CHINA ALSO NOT BUYING (JUST LIKE MUDA BENEFITED FROM CHEAP RECYCLE PAPER) NOW IRON ORE PRICE ALMOST DOUBLED WILL HIT OTHERS HARD

4) MASTEEL BUSINESS WAS DOWN JUST LIKE LAFARGE CEMENT DUE TO CANCELLATION OF MANY HIGH VALUE INFRAR PROJECTS AFTER PH GOVT WON GE14

CAPACITY WAS REDUCED TO 50% BECAUSE OF LACK OF DEMAND (NOT DUE TO CHINA STEEL DUMPING)

NOW THAT ECRL & BANDAR MALAYSIA JOBS WILL BE REVIVED BOTH CEMENT AND LONG STEEL FOR HEAVY INFRAR JOBS WILL RISE IN DEMAND

5) CEMENT PRICES HAVE ALREADY GONE UP BY 12.5% TO 20% AFTER YTL TOOK OVER LAFARGE. NEXT LONG STEEL PRICE MIGHT RISE DUE TO HIGH IRON ORE PRICES

ALL THE FAVOURABLE FACTORS FOR CEMENT AND LONG STEEL ARE NOW BEGINNING TO TURN POSITIVE (LAFARGE, HUME IND & TASEK PRICES RUN FIRST) NEXT TO RUN UP WILL BE LONG STEEL LIKE MASTEEL, ANNJOO, LIONIND & SOUTHERN STEEL

I LIKE MASTEEL BECAUSE IT IS THE ONLY 100% PURE LONG STEEL PLAYER WITH 4 STRONG FACTORS

1) ITS PRICE TO ASSET = HUGE MARGIN OF SAFETY

2) ITS LOCATION = AT THE START OF ECRL IN KLANG

3) ITS COMPETITIVE EDGE = USING SCRAP IRON AS RAW MATERIAL

4) ITS BALANCE SHEET: IT AVOIDED HIGH BANK BORROWINGS BUT RAISE CAPITAL BY PRIVATE PLACEMENT

AND THE BEST OF ALL IS ITS PRICE

AT 50 SEN MASTEEL HAS REACHED NEAR ROCK BOTTOM FROM ITS RECENT PEAK AT RM1.90
16/06/2019 12:20 AM
calvintaneng One more factor for Masteel

Grand Champion Sifu Dr Neoh Soon Kean used his own money (Not Dynaquest) to buy
1 MILLION MASTEEL SHARES

See from latest Annual Report of Masteel

TOP 30 Shareholders of Masteel

26 NEOH CHOO EE & COMPANY, SDN BERHAD 1,000,000 0.23

NEOH CHOO EE IS THE PERSONAL COMPANY OF DR NEOH IN PENANG

OVER THE FEW DECADES DR NEOH HAS MADE SO MANY ORDINARY INVESTORS TO BE MILLIONAIRES

FOR SOME THEY ARE NOW MULTIMILLIONAIRES
16/06/2019 12:32 AM
Coffinmoneytrader 1) Eastern steel produces billet for a long product(they also sell it to other steel rolling company). There is info that they currently setting up rolling plant

2) Masteel competitive edge is not valid(if this is true, why they still in loss for the last 2 quarters), the reason they use 100% scrap because of they only have EAF, but so does lionind and southern steel.

3) Annjoo, eastern and alliance have blast furnace does not mean they don't buy steel scrap. Nowadays they will mix between scrap and hot molten iron(go google about eaf hybrid process) to get better result in term raw material price, reduce melting time process and power consumption.

4) Location? , well so does lionind, they also have plant at klang

5) 100% pure long steel player is a disadvantage, other steel players also can produce same product at the higher capacity if they want.
16/06/2019 8:15 AM
calvintaneng I didn't see Eastern steel mention long steel rebar in its company website. They only listed steel pipes and tubes.

Last few quarter losses happened because of high infrar jobs cancellation by PH Govt after GE14 on May 9th 2018

So the quarters for Sept to Dec 2018 and from Jan to March 2019 were bad due to the above reason. That was the disadvantage for masteel as it is 100% long steel

I recommended Annjoo steel then around Rm1. 30 as it exports steel products to Singapore and not totally in long rebar steel.

While masteel did poorly compared to Annjoo then the tide of fortune reversal will come back in full force for pure long steel player like masteel now.

If you only sell Christmas related products your business can only get better as Christmas gets nearer. And ski resorts should do well if freezing winter comes back

For high infrar jobs that require the toughest steel products by masteel should benefit the mostest

Yes lionind has steel factory in klang. But note these 2. Lionind is not 100% into long steel. Lionind, like Dayang having perdana impediment, also got the debt burden from megasteel

Masteel is free from any encumbrances and is versatile

100% pure steel is a disadvantage only if Malaysia stops all infrar heavy duty developments.

BUT Malaysia, geographically located in the heart of the Asia Pacific century, with India and China as growing neighbours, will see lots and lots of developments in the foreseeable future

So masteel still got a very bright future

This is what Eagle Vision see

1. High-speed Rail from Kl to Spore
2. High-speed Rail from Kl to Bangkok
3. SEA BRIDGE FROM MELAKA TO DUMAI IN SUMATRA, INDONESIA

4. HIGH SPEED RAIL FROM KELANTAN TO JB CBD

5. HIGH-SPEED RAIL FROM KUCHING TO MIRI

6.HIGH SPEED RAIL FROM KK TO TAWAU

7. HIGH SPEED RAIL FROM PENANG TO KOTA BAHRU

8. HIGH SPEED RAIL FROM KL TO KUANTAN

9. POSSIBLE LONGEST LAND BRIDGE ON EARTH FROM KUANTAN TO KUCHING IN EAST MALAYSIA

10. 2 OR 3 MORE CONNECTING BRIDGES FROM ISKANDAR TO SPORE

11. MRT IN KOTA BAHRU, KUANTAN, ISKANDAR, MELAKA, PENANG, IPOH, SEREMBAN, PAHANG, MIRI, KUCHING, KK, SANDAKAN, TAWAU AND OTHERS

AND MANY MORE TALL TALL BUILDINGS LIKE NEW YORK BEING DONE IN CITIES LIKE KL, SELANGOR, PENANG, JB CBD, KUCHING, KK AND OTHERS

12. I SEE IMMENSE DEMAND FOR LONG STEEL PRODUCTS

OF COURSE WE MAY NO LONGER AROUND TO SEE ALL

BUT AT LEAST WE WILL SEE ALOT MORE IN COMING DECADES OF 2020, 2030, 2040 AND 2050
16/06/2019 11:41 AM
calvintaneng 30 years ago China was a backward country

In 2007 China already got High speed Rail while the world went into the Subprime Recession

12 years later China got 12,000 miles of High Speed Rail criss crossing the nation of China

They will double it again by year 2030 to more than 30,000 km of high speed rail

That is more than 100 High Speed Rail from Kl to Spore

Last time China was so poor that my parents had to buy canned food and sent them to their relatives in China

Today China has overtaken all except Japan for Hsr technology

If Malaysia gets it right with the right government you will see lots of development like in Spore

My Jurong MP(Member of Parliament) already told us that by year 2026 they will build Mrt right at the doorstep of my Condo in Spore

In fact Singapore aims to build an Mrt station in every part of Spore where walking takes only 10 to 15 minutes

That will be how connected and Singapore will be in the near future

NO need even to own or drive a car unless we want to drive in Jb or Malaysia

As today is the Lord's Day do visit www.chick.com
16/06/2019 12:13 PM


 

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 SAPNRG 0.31+0.01 
 SCOMI 0.10+0.01 
 SCOMI-WB 0.04+0.005 
 KNM 0.37+0.02 
 NETX 0.02+0.005 
 ARMADA 0.23+0.005 
 GPACKET 0.46+0.015 
 ISTONE 0.22+0.01 
 HSI-C5J 0.21+0.07 
 HSI-H6R 0.32-0.07 
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