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Last Price Today's Change   Day's Range   Trading Volume
0.295   -0.005 (1.67%)  0.29 - 0.305  945,000
13,117 comment(s). Last comment by tkl88 at Aug 5, 2020 11:59 PM
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ongkkh
210 posts

Posted by ongkkh > May 30, 2019 6:16 PM | Report Abuse

miserable result


kilrathi
292 posts

Posted by kilrathi > May 31, 2019 12:42 PM | Report Abuse

considering the results from past quarters, the current quarter results not bad at all ..


kilrathi
292 posts

Posted by kilrathi > May 31, 2019 12:43 PM | Report Abuse

Low volume with accumulation ... waiting for next spike up .. :))


stocksyndicate
934 posts

Posted by stocksyndicate > Jun 3, 2019 1:13 PM | Report Abuse

Those who chased after masteel got burn badly. Buy stocks that making profits. Masteel is losing money.


kilrathi
292 posts

Posted by kilrathi > Jun 3, 2019 3:15 PM | Report Abuse

This stock is oversold ... and today not much sellers .... :)


Jerichomy
518 posts

Posted by Jerichomy > Jun 6, 2019 11:35 AM | Report Abuse

Who are you stocksyndicate ??? Who are you


kilrathi
292 posts

Posted by kilrathi > Jun 10, 2019 11:47 PM | Report Abuse

Rebound in line.. possibly to visit 5x cents in short time....


tamp0i
343 posts

Posted by tamp0i > Jun 11, 2019 6:47 PM | Report Abuse

Bought in 0.44 yesterday, keep for spring time


TheContrarian
5787 posts

Posted by TheContrarian > Jun 13, 2019 4:24 PM | Report Abuse

Go, go, go Masteel.


Jerichomy
518 posts

Posted by Jerichomy > Jun 13, 2019 7:28 PM | Report Abuse

Hahahaha


calvintaneng
37735 posts

Posted by calvintaneng > Jun 14, 2019 12:41 PM | Report Abuse

Construction counters up on ECRL pre-Q news

https://www.nst.com.my/business/2019/06/495994/ecrl-announcement-push-construction-counters-one-month-high

GOOD

DEMAND FOR LONG STEEL WILL GO UP!


calvintaneng
37735 posts

Posted by calvintaneng > Jun 14, 2019 12:52 PM |

Post removed. Why?


Eric Au
4 posts

Posted by Eric Au > Jun 14, 2019 8:55 PM | Report Abuse

Masteel coming?


calvintaneng
37735 posts

Posted by calvintaneng > Jun 14, 2019 11:25 PM | Report Abuse

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


Mk Jr
279 posts

Posted by Mk Jr > Jun 15, 2019 12:08 PM | Report Abuse

buy


calvintaneng
37735 posts

Posted by calvintaneng > Jun 16, 2019 12:35 AM | Report Abuse

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-...

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


calvintaneng
37735 posts

Posted by calvintaneng > Jun 16, 2019 12:35 AM | Report Abuse

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


apolloang
16480 posts

Posted by apolloang > Jun 16, 2019 12:38 AM | Report Abuse

dato OTB already pump and dump this stock,no use already


KAQ4468
19042 posts

Posted by KAQ4468 > Jun 16, 2019 12:41 AM |

Post removed. Why?


calvintaneng
37735 posts

Posted by calvintaneng > Jun 16, 2019 2:33 AM | Report Abuse

OTB bought when masteel was uptrending above Rm1.00 to Rm1.80

At that time Annjoo was over Rm3.00, SSteel over Rm2.00 and Lionind over Rm1.40

That was before Cancellation of High Speed Rail, Ecrl and Bandar Malaysia

After PH Govt won GE14 all were cancelled or postponed

As a result cement and long steel fell

Now these are in progress

West Coast Highway

Pan Borneo Highway

Ecrl (engine just restarting)

Bandar Malaysia (next on agenda)

High Speed Rail (next year revival)

So cement run first

Next will be long steel

This has been mapped out so clearly


apolloang
16480 posts

Posted by apolloang > Jun 16, 2019 2:43 AM | Report Abuse

old wife already been pump and dump now they look for new wife in greatec…..hehe


calvintaneng
37735 posts

Posted by calvintaneng > Jun 16, 2019 3:25 AM | Report Abuse

Grratec?

Better sell into strength and take profit while it is still hot.

After initial euphoria over for Grectec it will then turn into a cold overnight potato

For masteel it is like a ferris wheel

It goes up and then goes down

After that it turns and goes up again in its cycle

So catch it now at bottom while price still cheap like buying Lafarge at Rm2. 25


TSFH
1174 posts

Posted by TSFH > Jun 16, 2019 7:04 AM | Report Abuse

Yes Masteel at current price will go down first until firm news of ECRL & BM, which est. in end year. Before that you could find other stock to gain, why need to put your money in hanging & stagnant?

PS: Don't forget G20 Meeting outcome may send market in turmoil again.


Jerichomy
518 posts

Posted by Jerichomy > Jun 16, 2019 1:15 PM | Report Abuse

Saitama, who are you. I felt interested in your background.


Jerichomy
518 posts

Posted by Jerichomy > Jun 16, 2019 3:09 PM | Report Abuse

Apolong, u better listen to calvinteng before u got burn by gretec, the hot oven already over....pls listen, only Don’t listen to ppl like saitama and stocksyndicate!!


Jerichomy
518 posts

Posted by Jerichomy > Jun 16, 2019 3:19 PM | Report Abuse

Better dump, the hot potato over soon...grectec is a technology company...later become like iris, dont cry like baby


Shareshare1594
50 posts

Posted by Shareshare1594 > Jun 16, 2019 6:00 PM | Report Abuse

Saitama Yes Masteel at current price will go down first until firm news of ECRL & BM, which est. in end year. Before that you could find other stock to gain, Before that you could find other stock to gain, Before that you could find other stock to gain, why need to put your money in hanging & stagnant?

PS: Don't forget G20 Meeting outcome may send market in turmoil again.
16/06/2019 7:04 AM

#Before that you could find other stock to gain....#P.S: Don't forget G20 Meeting outcome may send market in turmoil again...Hey Saitama what talking you???? Are you high or what?


Jerichomy
518 posts

Posted by Jerichomy > Jun 16, 2019 6:37 PM | Report Abuse

KAQ4668, no longer kacau sapura shares...hahaha


Jerichomy
518 posts

Posted by Jerichomy > Jun 16, 2019 6:38 PM | Report Abuse

Anyway, apoloang thanks for highlighting grectec so now i know how speculative shares moved :D


TSFH
1174 posts

Posted by TSFH > Jun 16, 2019 6:42 PM | Report Abuse

@Shareshare1594 if you don't get what i'm talking, then you're an 'expert'.You're higher level than me. Thanks.


calvintaneng
37735 posts

Posted by calvintaneng > Jun 16, 2019 7:34 PM | Report Abuse

Peace to all here

Be at peace

Masteel going to give all a multi-year rebound as Ecrl going into overdrive soon


calvintaneng
37735 posts

Posted by calvintaneng > Jun 17, 2019 12:53 AM | Report Abuse

CEMENT PRICES UP BY 40% TO 50%?

KUALA LUMPUR (June 17): Cement manufacturers said today that cement prices in Peninsular Malaysia, which have been falling since 2016, have reached a level that is not sustainable, amid the various cost increases the industry is facing.

The Cement and Concrete Association of Malaysia said this in a statement today in response to various recent reports about cement price adjustments, though it said it cannot comment as cement prices that are independently set by each cement manufacturer based on their respective circumstances.

While it said its members understand the concerns expressed by their customers and participants in the construction industry, it stressed that the cement industry is highly capital intensive and hence needs to have a reasonable return on its investments in order to be able to meet the expectations of all its stakeholders.

In the statement, it also highlighted that the industry has been suffering from cost increases such as higher electricity tariffover the past few years following the withdrawal of the special industrial tariff or SIT, and the implementation of the imbalance cost past through or ICPT mechanism.

In addition, it said packing materials have become costlier following the increase in pulp prices, while imported fuel materials, engineering spares as well as equipment have further compounded the problem of rising costs.

"While the industry has been absorbing these cost increases, cement prices in Peninsular Malaysia have been on a downward trend since 2016 and have reached the level that is not sustainable.

"As a result of the significant margin erosion brought about by the declining cement prices and cost increases, the cement manufacturers have incurred significant losses and negative cash flows for the past many quarters.

"Collectively, the cement industry provides hundreds of thousands of jobs directly and indirectly. These jobs will be put at risk if the industry continues to operate at a loss," the association added.

According to news reports, cement suppliers have been notifying their customers that cement prices will be going up between 40% and 50% from July, with some taking effect from Saturday (June 15).

It was also reported that the Finance Ministry and the Domestic Trade and Consumer Affairs Ministry (KPDNHEP) will meet over the 50% price hike, after the Real Estate and Housing Developers Association Malaysia (Rehda), Penang Master Builders & Building Materials Dealers Association (PMBBMDA) and Federation of Malaysian Manufacturers (FMM) met with Finance Minister Lim Guan Eng yesterday here over the matter.

NO WONDER LAFARGE UP SO MUCH

NEXT LONG STEEL PLAYERS LIKE MASTEEL, ANNJOO & SOUTHERN STEEL WILL ALSO ASK FOR PRICE INCREASE DUE TO ECRL NEW IMPETUS


WongKuok
65 posts

Posted by WongKuok > Jun 18, 2019 1:49 PM | Report Abuse

Guys, when you see Calvin, please run


WongKuok
65 posts

Posted by WongKuok > Jun 18, 2019 1:50 PM | Report Abuse

Calvin promoted Velesto at 0.31 now 0.28,
T7global at 0.53 now 0.41
Uzma at 0.9 now 0.63!!!


WongKuok
65 posts

Posted by WongKuok > Jun 18, 2019 1:51 PM | Report Abuse

Now he promoting masteel expecting to drop below 0.45


Investsucess Trader
4298 posts

Posted by Investsucess Trader > Jun 18, 2019 1:57 PM | Report Abuse

I waiting at 0.43.


calvintaneng
37735 posts

Posted by calvintaneng > Jun 18, 2019 3:16 PM | Report Abuse

2 persons want to buy masteel on the cheap

45 sen?

AND 43 sen?

So clever

Clap
Clap
Clap!


calvintaneng
37735 posts

Posted by calvintaneng > Jun 18, 2019 4:20 PM | Report Abuse

Don't be too clever hor

Calvin called for a buy on Lafarge cement at Rm2. 25

Clever people say Lafarge will crash below Rm2. 00

Ytl suddenly took Lafarge private at Rm3. 75

Now more clever people even chased lafarge to over Rm3. 75

So the verdict is?

Just buy while cheap

AND don't chase later when prices turn hot hot


Gtrade
387 posts

Posted by Gtrade > Jun 18, 2019 4:39 PM | Report Abuse

MASTEEL rebound from 35c to 60c. Uptrend over., will need to consolidate b4 next push. may be lower low and lower low.


Gtrade
387 posts

Posted by Gtrade > Jun 18, 2019 4:45 PM | Report Abuse

when you see a small boy going round telling you he found gold nuggets near river bank behind his house, RUN FOR YOUR LIFE


tamp0i
343 posts

Posted by tamp0i > Jun 18, 2019 5:37 PM | Report Abuse

Offloaded when I see promoter is in here..


calvintaneng
37735 posts

Posted by calvintaneng > Jun 18, 2019 6:39 PM | Report Abuse

Oh yes,

I will promote masteel just as I promoted carimin at 39 sen, naim at 50 sen and Lafarge at Rm2. 25

All who bought found golden nuggets

Big big gold nuggets

Now people called Calvin about another golden nugget called Pantech which Calvin promoted

Calvin promoted pantech at 48 sen by whatasspp to those who interested

So all collecting golden nuggets now

Wahaha!!


stocksyndicate
934 posts

Posted by stocksyndicate > Jun 18, 2019 6:54 PM | Report Abuse

I think you mistaken yellowish dog poop shits as golden nuggets. Use a magnifying glass to see clearer. Your eyes got problems and so are masteel.


Investsucess Trader
4298 posts

Posted by Investsucess Trader > Jun 18, 2019 7:22 PM | Report Abuse

The safest bet is at 0.43 cts,


Jerichomy
518 posts

Posted by Jerichomy > Jun 18, 2019 8:49 PM | Report Abuse

I got bad news from ann joo so the news is steel not going to look good. Good luck everybody


Jerichomy
518 posts

Posted by Jerichomy > Jun 18, 2019 8:49 PM | Report Abuse

Pls read buyer of ann joo counter in this forum too


Jerichomy
518 posts

Posted by Jerichomy > Jun 18, 2019 11:10 PM | Report Abuse

I agree Gteng that it is already over so everybody be silent and dont need to quarrel...apoloang ur right and calvin ur wrong...pls keep quiet in this forum for awhile becoz i also lose money...It is game over already becoz if this share price does not rise for now, it will never rise becoz US FEDERAL Reserve is expected to increase interest rate and all share market will down like Hell!!! Good Hell to everybody here including me!!!


Jerichomy
518 posts

Posted by Jerichomy > Jun 18, 2019 11:19 PM | Report Abuse

Trump is making money for the last time but we Don’t so we just fail miserablely So we are fated not to make money


Jerichomy
518 posts

Posted by Jerichomy > Jun 18, 2019 11:22 PM | Report Abuse

If klse index rising but this masteel does Not follow it, it means that it will go down and masteel company can buy back it’s own shares at cheaper price too...bad news right !!!!


Jerichomy
518 posts

Posted by Jerichomy > Jun 18, 2019 11:29 PM | Report Abuse

Investrader, pls wait longer if ppl is right about Calvin and masteel, the lowest price should be 35 cents, i Don’t u to make loss like Me. If u want minimise losses, pls buy at 35 cents

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