with 5th turbine complete n power up, we shall see 90 cent eps with pe 10 share price should trade at least RM9 n above

Tan sri said buy cheap now

5:11PM YONGTAI 1Q net loss 0.124 million

result out yesterday night lor

take over rumors 0.5, rumors only

TP RM4 ?

think they're prepare for suncon launch + special dividend

http://www.themalaysianinsider.com/citynews/greater-kl/article/developer-handed-over-unfinished-units-to-dodge-late-penalty-claim-buyers

迈向17亿目标
双威下半年推15亿项目
双威上半年销量为5亿令吉，离全年17亿令吉的目标有段距离，接下来将观察市况，在下半年斟酌推介发展总值共15亿令吉的6个项目。
双威产业发展部董事经理谢燕蒂指出，在观察上半年的市况后，公司因此未推出新项目，销量表现因而较失色。
“产业领域在上半年蒙受打房政策、消费税和市场情绪低迷的打压，尽管消费税的冲击已逐步减轻，不过营运环境仍充满不确定因素，所以我们还是抱持谨慎和观望态度。”
她补充道，公司正朝着全年17亿令吉销量的目标前进，相信可通过周详的产业规划理念，支撑销量表现。
“根据我们往年纪录，上半年销量通常会比较疲弱，因为推出的项目较少，但下半年相信可交出更亮眼的成绩。”
所以，双威放眼在下半年推介6个产业项目，发展总值共15亿令吉，不过，真正的推介时机，最终还须视乎营运环境和市场氛围而定。
“预期新项目可提振销量表现，我们目前将维持17亿令吉销量目标，并在未来1至2个月观察市况，届时再检讨这个目标。”
这6个产业项目，包括位于巴生谷的双威Gandaria、双威Velocity、双威Geo第3期住宅、Casa Kiara3、槟城的双威Cassia和依斯干达区的双威Emerald住宅项目。
截至目前，双威未开发地皮面积报3343英亩，发展总值504亿令吉，可让公司未来15年保持忙碌。

（吉隆坡4日訊）隨著政府更積極地調查外國進口的鋼鐵產品，特別混凝土鋼筋條及盤條是否触犯1993年反傾銷稅法令及相關條例，使本地鋼鐵業可能苦盡甘來，後市前景顯露一點曙光。

隨著本地一家鋼鐵商在今年8月14日向政府提呈請願書，以便為進口的直長型混凝土鋼筋條實施傾銷稅，國際貿工部已對中國及韓國進口的混凝土鋼筋條展開初步調查。（圖：新華社）
大馬研究指出，隨著本地一家鋼鐵商在今年8月14日向政府提呈請願書，以便為進口的直長型混凝土鋼筋條實施傾銷稅，國際貿工部已對中國及韓國進口的混凝土鋼筋條展開初步調查。
據信，提交反傾銷指控的公司是CSC鋼鐵（CSCSTEL,5094,主板工業產品組）。這家台灣中鋼公司持股45%的鋼鐵公司，控訴對象包括韓國、中國和越南同業。
國際貿工部進行初步調查顯示，已有足夠證據證明以較低價格傾銷混凝土鋼筋條活動已經傷害本地市場。該項調查是基於1993年反傾銷稅法令及相關管制條例進行。
國際貿工部表示，若是最後調查符合較早時結果，該部可向有關鋼鐵產品實施反傾銷稅，預料最後調查需要費時4個月才完成。
6月中國鋼條進口增40%
該行指出，這已是意料中事，特別是日益增加的中國進口便宜鋼鐵產品，已經對大馬鋼鐵業市場產生失衡現象；單單在今年6月份，中國進口的鋼條及盤條就已達到13萬公吨，按季增長約40%。
根據5月一項媒體報道，某些中國鋼鐵生產商濫用中國的稅務漏洞，以享有9至13%出口稅務回扣，包括將它們出口到大馬市場的鋼鐵產品，申報為混合金屬品以取得稅務優勢。
大馬研究指出，最近大馬政府關注鋼鐵產品傾銷活動所帶來的威脅的發展，實令市場感到鼓舞。根據業者消息指出，政府調查核心是要确保對中國進口的盤條及鋼筋條，是否有堅實的理由對它們實施反傾銷稅務。請願書包括吁請政府向之前豁免稅務的中國兩家盤條出口商實施反傾銷稅務。較早時，政府對盤條實施反傾銷稅是在2013年2月20日生效，並且每年將給予檢討。
大馬研究對整體鋼鐵業保持“加碼”的評級。


點看全文: http://biz.sinchew.com.my/node/101439?tid=23#ixzz3D0vdQi3c
Follow us: @SinChewPress on Twitter | SinChewDaily on Facebook

ding ding

The company exercise another 5mil warrant today

The Edge FinancialDaily reported that the Ministry of International Trade and Industry (MITI) has launched a preliminary investigation on the imports of steel concrete reinforcing bars (rebars) from China and South Korea. This follows a petition lodged on 14 August from a local producer for the imposition of anti-dumping duties on imports of steel concrete rebar in straight length form.

- From MITI’s preliminary investigations, there was sufficient evidence to indicate that the dumping of steel concrete rebars at a lower price had indeed harmed the domestic market. The investigations are based on the Countervailing and Anti- Dumping Duties Act 1993 and its related regulations.

- More importantly, MITI added that if the final investigations match that of its earlier findings, it could impose anti-dumping duties on such imports. We understand that the final investigations could take up to four months to complete.

- We are not surprised by this news, as the proliferation of cheap steel imports – particularly from China – has perpetrated market imbalances within Malaysia’s steel industry. To be sure, we understand that Imports of bars and wire rods from China reached ~130k tonnes in June 2014 alone (+40% QoQ).

- Based on a report by The Star late last May, certain Chinese steel producers have reportedly exploited a taxation loophole in China to enjoy export rebates of c.9%- 13%. These players are believed to have circumvented the system by declaring their Malaysia-bound exports as alloy instead of steel.

nobody want sell to me, Q 1.02

meaning the company is confident, keep exercise warrant to mother share even warrant is in premium price

apa macam...

Whether the corporate proposal involves the issuance of new type
and new class of securities? No
Types of corporate proposal Others
Details of corporate proposal Exercise of Warrants
No. of shares issued under this corporate proposal 1,015,438
Issue price per share ($$) MYR 0.670
Par Value ($$) MYR 0.500
Latest issued and paid up share capital after the above corporate proposal in the following

Units 228,690,671
Currency MYR 114,345,335.500
Listing Date 03/09/2014

OTHERS Conditional deferment in assessing if Green Packet Berhad has triggered any of the criteria of Practice Note 17 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”) (“Listing Requirements”) (“PN17”) and be classified as a PN17 company pursuant to Paragraph 8.04(2) of the Listing Requirements

indeed very good prospect and honest business man

nowadays retail investor are not stupid

Comparing all the steel player in bursa:
Masteel is among the best performance and I see no reason why the price stay so low
by giving 12 PE in average for steel player we might see the market price double up in near future

Perwaja making loss (Latest result yet to come out)
NTA RM0.71

Kinsteel making loss (net loss 247 millions / -9.08 eps)
NTA RM0.51

Lionind making huge loss (net loss 486 millions / -57.97 eps)
NTA RM4.21

Masteel 5.77 PE
EPS 4.56 x 4 = 18.24
NTA RM2.50
Market Price : RM1.07


Ssteel 11.875 PE
EPS 3.2 x 4 = 12.8 cent
NTA RM1.98
Market Price : RM1.52

Annjoo 34 PE
eps 0.97 x 4 = 3.88 cent
NTA RM2.08
Market Price : RM1.32

woohooo, another good news here :

We refer to the announcement made on 19 January 2011, wherein Masteel announced that the Company had entered into a Heads of Joint Venture Agreement (“JVA”) with KUB Malaysia Berhad (Company No. 6022-D) (“KUB”), a company listed in 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 (“MCN”) 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 (“Proposal”). Pursuant to Bursa Malaysia Securities Berhad's letter dated 4 August 2006, we wish to announce the status of the JVA as follows:-

The Company had received the Johor State Government support on our proposal and the Company would proceed with the relevant State and Federal Government agencies for the necessary approvals.

soon the research house will increase their target price to outperform TP RM2

congratulation all the masteel shareholder, revenue increase from 337 mil to 359mil, net profit increase from 7mil to 10mil q-o-q, which translate 4.56 eps , PE 6 !!!!! buy !!!! the prospect is bright and steady in favorable. Compare to others steel player annjoo PE @ 13, we shall see masteel double up the price in near future, woohooo

Review of performance
The Group reported a profit before tax of RM10.79 million on the revenue of RM359.99 million
for the current quarter compared to a profit before tax of RM10.86 million on the revenue of
RM342.26 million for the previous year corresponding quarter. The increase in revenue in the
current quarter is mainly attributed to higher sales volume. The Company recorded a marginally
lower profit mainly due to a lower margin on a higher sales volume in the current quarter.
B2. Comparisons with immediate preceding quarter’s results
The Group’s revenue for the current quarter recorded an increase of RM22.31 million to
RM359.99 million mainly due to higher selling price and sales volume. The Group recorded an
increase in profit before tax of RM10.79 million as compared to RM7.67 million in the
immediate preceding quarter mainly due to higher margin from the higher sales volume in the
current quarter.
B3. Prospects
The prospect for the strong flow of orders for the Company's products is expected to be
favourable for the rest of the year and price volatility for steel bars, billets and scrap is predicted
to fluctuate within a narrow band.
The series of technical improvements recently commissioned at the Company's plants are yielding
encouraging results that will augur well for the Company's bottom line. The construction of the
Company's new 200,000 MT per annum rolling mill is proceeding as planned and is entering the
equipment installation phase.
With the long public holidays in July over, the Company is poise to earn steady revenues until the
end of the year predicated on no extensive change of underlying business environmen

We would like to state that this Report (as well as the previous report on 26 August 2013 which suggested that the Project would be scrapped) by the News Straits Times is inaccurate and misleading.
We will seek clarification with the New Straits Times on this matter in due course.

Today announcement

By 120 days it should be within this 1 or 2 months

中韩印尼钢铁產品　大马展开反倾销调查
财经 2014年6月18日


（吉隆坡18日讯）政府將对中国、印尼及韩国进口的热轧钢铁、花纹钢铁及酸洗涂油钢铁產品展开反倾销调查。

国际贸易及工业部今日发文告表示，会在展开调查后120天內做初步裁决。若確定真有其事，政府將会对这些產品徵收反倾销税，以避免对行业造成进一步伤害。

贸工部已准备好一系列问卷，以进行调查工作，相关人士需在7月2日前索取问卷。

政府於今年5月20日接获来自本地商家的请愿书，要求对上述进口產品徵收反倾销税。

商家指出，来自这些国家的进口產品，以比本地市场低许多的价格进行销售。他们也表示，这已经对本地钢铁领域带来严重的伤害。

chances to hit 1.16 soon ?

no eye see

it's just waiting for right time to boom ~~

RM2 also coming

congratulation to all ~~~~~~ Uli power la

more to come

woohoo, 1.5 4k+ lot whack

come come mari

history new high

more to come

big boss target double is not a dream anymore

all the way 1.5 , go go

Uptrend continue

tomorrow EX for 3 cent dividend 26/6

start fly

fly fly fly

coming

guys, time to wake up, TM buy P1, not GPacket, GPacket now hold small percentage of P1.... wake up wake up

loss loss deal, get out asap, otherwise later gpacket kena pn17 then price fall from sky

any idea why the brother keep selling ?

31% upside

格利淡的资产平均每股被盯住在90仙 , RM0.9/per share