THE INVESTMENT APPROACH OF CALVIN TAN
WHOA! MASTEEL'S LATEST RESULTS SHOW CONFIRMATION ON ITS CYCLICAL UPTREND (Calvin Tan)
calvintaneng
Publish date: Thu, 25 Aug 2016, 08:55 PM
calvintaneng
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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.
Just as expected - MASTEEL FOLLOWS ANJOO & SSTEEL IN A POWERFUL TURNAROUND!!
Latest Quarterly Report
from last year quarter
1) Revenue increased from Rm242 mil to Rm268 mil
2) From a loss of Rm14 mil to a new positive Rm10 millions!!
3) From 5.94 cts loss to a Gain of 4.4%. Excellent! Excellent!
4) NTA also increased from Rm2.17 to Rm2.24
All round increase in every area.
And this is confirmed by Management's latest optimistic sentiment:
PART B:- ADDITIONAL INFORMATION REQUIRED BY THE MAIN MARKET LISTING REQUIREMENTS OF BURSA SECURITIES
B1. Review of performance
The Group reported a profit before tax of RM12.15 million on the revenue of RM268.35 million for the current quarter compared to a loss before tax of RM12.49 million on the revenue of RM242.20 million for the previous year corresponding quarter.
The increase in revenue and gain incurred in the current quarter were mainly attributed to higher selling price, sales volume and margin on an improved market demand and productivity.
B2. Comparisons with immediate preceding quarter’s results The Group’s revenue for the current quarter recorded a decrease of RM49.66 million to RM268.35 million mainly due to lower sales volume.
The Group recorded a profit before tax of RM12.15 million as compared to profit before tax of RM6.37 million achieved in the immediate preceding quarter mainly due to higher margin in the current quarter on an improved productivity.
B3. Prospects
The sentiments of international steel market continues to stabilize with improving prices of steel and iron ore in China.
The domestic demand of steel is expected to pick up in the next few months together with better prices.
The preliminary determination of the safe guard duty by the Ministry of International Trade and Industry (MITI) is expected to be finalized at the start of the fourth quarter. A positive result will significantly raise the imported prices of steel bars. This will translate to better performance for the Company. The Company is cautiously optimistic of more conducive business environment for the months ahead.
Calvin comments:
This is only a turning point in profit. In coming months expect even higher and higher revenue and profit for Masteel
Just like the early months of May & June when durians were not much. Then in July & August there is an overflowing abundance of durians!!
This similar pattern will unfold for MASTEEL going forward.
Happy investing,
Regards,
Calvin Tan
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Discussions
2 people like this. Showing 16 of 16 comments
When durians are in abundance (glut), prices went down Same scenario will happen with steel. When there is a glut, steel price will come down too. You choose the wrong analogy. wakakaka.
2016-08-25 21:43
sheep When durians are in abundance (glut), prices went down Same scenario will happen with steel. When there is a glut, steel price will come down too. You choose the wrong analogy. wakakaka.
25/08/2016 21:43
Hahaha! You are correct!
But i3 forum people are intelligent enough to understand the message.
More MRT equals to more demand for Masteel's products.
2016-08-25 21:49
Yup. "The more you know, the more you don't know." Life long learning...wakakaka
2016-08-25 23:14
Haha, that's scary, but sometimes it makes life meaningful.
Investing is never easy, the easy one is to put in FD or buy Unit Trust, eaten up by inflation or earning average.
2016-08-25 23:24
Steven Yong is correct!
Grand Champion Master Sifu Dr Neoh Soon Kean is in the Top 30 Shareholders of MASTEEL.
Coming in at no. 22 is
22 NEOH CHOO EE & COMPANY, SDN. BERHAD 1,250,000 0.512
Dr. Neoh has 1.25 million Masteel Shares!! or 0.512% of Total paid up Capital.
2016-09-09 20:16
Oh no.... hard to earn $ from Neoh counter.
Better switch to Ays and Mycron .
2016-09-09 20:27
Posted by Ven Felix > Sep 9, 2016 08:27 PM | Report Abuse
Oh no.... hard to earn $ from Neoh counter.
Better switch to Ays and Mycron .
Calvin replies,
You are just a passing gambler who will finally lose all like the 80% in the stock market UNLESS you take heed and change your ways
MG9231 made millions & millions by following Dr. Neoh
2016-09-09 20:35
See
Posted by MG9231 > Sep 7, 2016 05:15 PM | Report Abuse
I totally agree with you Dividend yield stretagy can be one of the winning stretagy in KLSE. I have gone through Dr. Neoh Soon Kean's book "Stock market investment in Malaysia and Singapore" many years ago. I also witness his application for a couple of his stock picked based on this strategy many many years ago.when he wrote it in Nanyang Siang Poh chinese news paper. I copy-cat it and find that the return is much better than Fixed Deposit. Many stocks based on this strategy ended up privatized by the major shareholders exception with major shareholders control by foreigners such as Guinness , carslberg, FnN ....I must also take this opportunity to thank Dr. Neoh soon Kean for his guidance.
Posted by kcchongnz > Sep 7, 2016 10:37 PM | Report Abuse
MG9231, thanks for your comments. Words of an experience investor.
MG9231 told me just from Ajiya alone he made Rm1.5 millions
2016-09-09 20:38
Dr Neoh is Excellent Investor and low profile, I juz need to be more sceptical while You need to borrow Dr tittle, with out reveal Dr Neoh's entry price.
U HAS BEEN ENTITTLED as the i3 Holland Master, shouldn't I doubt your intention ?
2016-09-09 20:54
Posted by Ven Felix > Sep 9, 2016 08:54 PM | Report Abuse
Dr Neoh is Excellent Investor and low profile, I juz need to be more sceptical while You need to borrow Dr tittle, with out reveal Dr Neoh's entry price.
U HAS BEEN ENTITTLED as the i3 Holland Master, shouldn't I doubt your intention ?
Dr. Neoh's entry price?
Go back to years 2006 to 2009 & SEE Ajiya at Rm1.00
From yearly reinvested dividend Ajiya is only 60 cts. MG9231 has 400,000 Ajiya shares which he sold at the peak of near Rm4.50 - making him Rm1.5 millions
You can Go SEE Dr. Neoh's Top 30 Holdings in Ajiya.
Dr. Neoh has 600,000 Ajiya shares.
Now, all the fools in i3 forum don't really know the word "HOLLAND" stand for and wrongly use it all the time.
Dr. Neoh wrote an excellent article in his book about "TULIPMANIA.
Holland is a word ascribed to people chasing stocks at the VERY TOP OF THE PEAK. And then crash by 90% later. They are all HOT HOT STOCKS PUMPED UP THE SKY!
As for Calvin most of the stocks are Cold, Cold, unwanted dead stocks.
Go and check this out. Learn to USE THE RIGHT WORD.
2016-09-09 21:12
Big fool, big Holland master and disgusting pretend himself.... Of course we know who it is. The most noisy and fake one. I support u, ven Felix.
2016-09-10 08:37
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
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Wow. Good result
2016-08-25 21:37