THE INVESTMENT APPROACH OF CALVIN TAN
MASTEEL - THE SUPER CHANGING FORTUNE BY MASSIVE KL MRT PROJECTS (Calvin Tan)
calvintaneng
Publish date: Wed, 24 Aug 2016, 08:54 PM
calvintaneng
0 1,854
Hi Guys,
I have An Investment Approach I which I would like to all.
I have An Investment Approach I which I would like to all.
From Masteel ANNUAL REPORTS
FY2015 OVERVIEW Steel industry players in Malaysia faced tremendous pricing and cost pressures in the year under review, stemming from both external and domestic aspects. Internationally, the flood of exceptionally low priced steel emanating from China resulted in the closure of many steel mills worldwide including Malaysia. Locally, the upward revision in electricity and natural gas tariffs resulted in higher operating costs, while the drastic weakening of the MYR versus major foreign currencies contributed towards additional import costs challenges. These negative factors further exacerbated the decline of steel bar prices worldwide of more than 30% in the short span of a year, as well as heightened imports of steel bars into Malaysia. Such imports, while cheap, were often not in conformance to standards set by SIRIM, hence displacing the local steel industry whose market share of steel products was reduced from 62.6% in 2014 to 49.2% in 2015. Although the environment was not favourable for steel players, the Group performed commendably and remained resilient, and delivered RM1.14 billion in revenue in FY2015. Of this, sales to the domestic market made up 92.3% or RM1.06 billion versus RM1.41 billion earlier. Notably, export sales, which contributed to the remaining 7.7%, more than doubled to RM88.2 million from RM41.9 million in the previous year on the back of the weaker MYR. Additionally, we had diligently put in place the necessary building blocks to set the stage for the Group’s future growth. The Group had, in October 2015, began commissioning our new rolling mill in Bukit Raja, Selangor, which would effectively increase our total steel bar production capacity from 450,000 metric tonnes (MT) per year to 650,000 MT per year. Not only would the larger production levels contribute significantly towards additional revenue, but also enhance our bottomline by virtue of offering higher value-added premium steel bars. Moreover, as the new rolling mill adjoins our existing meltshop, we stand to benefit from optimized operating costs due to lower energy consumption and transportation charges. The new rolling mill is expected to have a positive impact on the Group’s performance in the new financial year ending 31 December 2016 (FY2016) and onwards. To date, our efforts have already started to bear fruit, as witnessed in tangible improvements to our financial health since the fourth quarter of FY2015 with substantially narrower losses compared to the preceding quarters
. PROSPECTS The domestic steel industry is set to benefit from resilient demand of steel bars in 2016 and over the coming years, driven by the implementation of key infrastructure projects throughout the nation by the Malaysian Government. This includes the construction of various major expressways and the Klang Valley Mass Rapid Transit (KVMRT), as well as increased property development activity in line with population growth. A major part of this development boost would be centred in the Klang Valley, where our manufacturing facilities are strategically located. Being one of the two players situated in close proximity to major construction activity in this region,
According to Masteel Annual Report
The prospects for 2016 will be resilient!
1) HUGE INFRAR PROJECTS THROUGHOUT THE NATION
2) MAJOR EXPRESS WAYS
3) KLANG VALLEY MRT (Lots & Lots of Long Steel Bars by Masteel needed)
4) INCREASED PROPERTY DEVELOPMENT ACTIVITY (Especially in Booming Iskandar)
5) MASTEEL's MANUFACTURING ACTIVITIES STRATEGICALLY LOCATED
As Annjoo has recorded a very good set of results. And SSteel also garnered over Rm40 millions profit (the Rm140 million loss was from impairment) Masteel should be doing well also.
Unlike KYY & ICON8888 who only turn bullish AFTER Prices Have Gone Up and Then Start Promoting
CALVIN TELLS ALL TO LOAD UP LAGGARD MASTEEL WHILE IT IS STILL CHEAP!!
Have a nice day!
Regards,
Calvin Tan
Calvin Tan Research
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Discussions
Be the first to like this. Showing 29 of 29 comments
dont tease him like that laa....Calvin may actually live to see that 6K
2016-08-24 21:02
buddyinvest hehe 6k
24/08/2016 21:00
probability dont tease him like that laa....Calvin may actually live to see that 6K
24/08/2016 21:02
Hahaha!
By 2018 Calvin will be having the last laugh when CPO price skyrockets.
And he who laugh last laugh the loudest. Hope you guys are still around then. If you haven't bought these - CBIP, MHC Plant, Pinepac, BPlant, ThPlant & more plantation stocks - you better load up now.
Last time I called for a buy on RceCap. After it shot up. Only then people started chasing. Now is the time to load up laggards with potential.
2016-08-24 21:07
Shall we take this Masteel as a test of Calvin's brilliance?
Calvin...how much % would you allocate from your portfolio for Masteel at current price...to see how confident you are. Icon bet 60% on AirAsia..
2016-08-24 21:10
Valuegrowth? then better wait for results lor...why hurry to buy before results..
alamak..tak confident la mcm ni...
2016-08-24 21:18
Posted by probability > Aug 24, 2016 09:10 PM | Report Abuse
Shall we take this Masteel as a test of Calvin's brilliance?
Calvin...how much % would you allocate from your portfolio for Masteel at current price...to see how confident you are. Icon bet 60% on AirAsia..
Calvin replies.
I don't gamble. Just invest regularly & systematically into a basket of VALUEGROWTH Stocks. Then sit back. If prices should drop and fundamental still sound just add a little more as price gets cheaper.
2016-08-24 21:20
Posted by probability > Aug 24, 2016 09:18 PM | Report Abuse
Valuegrowth? then better wait for results lor...why hurry to buy before results..
alamak..tak confident la mcm ni...
Since we cannot predict the future we just buy when opportunity arises
See
Kulim was suddenly taken private for 60% upside.
RceCap suddenly announced Huge Profit - Price Suddenly Jumped!
2016-08-24 21:22
Rce is 1 out of your 100 lousy pick and dare to show off in i3 .
Where is your dignity Calvin.
U are so relentlessly to promote your only one luckiest pick ever ?
THIS IS SO ....how is yiur Kub, Opcom & many more ?
2016-08-24 21:27
VenFx Rce is 1 out of your 100 lousy pick and dare to show off in i3 .
Where is your dignity Calvin.
U are so relentlessly to promote your only one luckiest pick ever ?
THIS IS SO ....how is yiur Kub, Opcom & many more ?
24/08/2016 21:27
Hahaha!
1 in 100? Go check up Calvin's over 11,000 posts to date & SEE!
Super Enterprize gained 200%
Ipmuda went LIMIT UP!
Jerasia up 100%
Supermax up 100%
MyEg (My Emas Gold) Up 100%
Pohuat (Power HUat) zoomed 200% and split
Kheesan, Kpscb, Maybulk & many others Up 40% to 80%. CHECK THEM OUT!
2016-08-24 21:34
Posted by Invest1188 > Aug 24, 2016 09:30 PM | Report Abuse
hi calvin, ur stocks go Holland one like cbip
CBIP will be the star performing stock of year 2017/2018
See last time I called for a Chun Chun buy on Jaks:
Posted by calvintaneng > Dec 16, 2014 03:00 PM | Report Abuse X
Whoa!
Top boss bought at 44 cents and above, millions of them. Anything below 40 cents is a bargain!
So don't wait or else Jaks jump Jump JUMP Up And Away!
And Jaks JUMPED OVER RM1.20
UP A WHOPPING 200%!!!!
2016-08-24 21:38
csc becomes another flb? con you with good cash flow but profit will drop ha ha
2016-08-24 22:38
Look at CscStel products:
CSC Steel Holdings Berhad is engaged in the investment holding and provision of management services. The Company's operating divisions include cold rolled and galvanised steel products, investment holding and others. Its products include hot-rolled pickled and oiled steels, cold-rolled steels, hot-dipped galvanized steels and pre-painted galvanized steels (PPGIs). Its hot-rolled pickled and oil steels are applied in automotive wheels, strapping, tubing, racks and automotive inner stamping parts. Its cold-rolled steels are applied in electrical and electronic appliances, drums, steel pipes, automobile parts and office furniture. Its hot-dipped galvanized steels are applied in PPGI substrate, ceiling tee strips, door and window frames, steel nails, steel decks, trunks, trusses, home appliance casings, filter frames, expanded metals, satellite panels and microwave oven inner parts.
They are not suited for Heavy Infrar or MRT Works like Masteel
SO FORGET CSCSTEL FOR NOW.
ZERO IN ONLY ON MASTEEL FOR MAXIMUM UPSIDE DUE TO MASSIVE KL MRT PROJECTS!!
YES!
MASTEEL - THE MASTER SUPPLIER FOR ALL LONG STEEL FOR MRT WORKS!!
ONCE MORE, I REPEAT IN NO UNCERTAIN TERM,
LOAD UP OM MASTEEL!!!!
2016-08-24 22:52
Bro Calvin. Yes! He is spot on! He got good track record. Now, consider also gkent to spread out your risk. Bjcorp for next yr also due to crazy expansion in Vietnam lottery.
2016-08-24 22:57
Invest1188, if this is your understanding about share market, really wish you good luck as you need a lot of luck.
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Posted by Invest1188 > Aug 24, 2016 10:37 PM | Report Abuse
csc the director keep on disposing like flb, takut - takut
2016-08-24 22:57
Even the first month when launched, computerized lottery revenue Vietlott has accumulated 40.165 billion, the average growth rate of 17% per day. To date, more than 93,000 times and winning bonuses awarded to customers who have come to receive 5.3 billion.
Vietlott currently has about 400 outlets in HCMC with 500 terminals, a monthly average of 2.8 million bearing on each device. Mr. Tong Quoc Truong (General Director Vietlott) predicts the number of terminals in the city will rise more than 2,000 machines by the end of next year to meet rising demand when this type increasingly common.
2016-08-24 22:58
paperplane2016 Bro Calvin. Yes! He is spot on! He got good track record. Now, consider also gkent to spread out your risk. Bjcorp for next yr also due to crazy expansion in Vietnam lottery.
24/08/2016 22:57
Yes Steven Yong,
You are right!
GKent has received award after award. This is Najib returning favor to GKent Boss. So GKent should do well. As for Bj Corp - it is now oversold. I am getting ready more cash to average down
2016-08-24 23:52
director or shareholder? lmfao
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Posted by Invest1188 > Aug 24, 2016 10:37 PM | Report Abuse
csc the director keep on disposing like flb, takut - takut
2016-08-25 00:30
knm was busy buying companies & making losses after acquiring those companies, stupid company.
2016-08-27 00:25
Revenue increased marginally n yet profit up a lot means earlier write down. Next qtr there may not be anymore written stk but based on current price n the margin will be squeezed
2016-08-27 23:29
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