Over the past 14 years, MASTEEL achieved 2 % average ROE compared to the Bursa Steel company average of negative 1%. https://www.moomoo.com/community/feed/110744458362886?global_content=%7B%22promote_id%22%3A14079%2C%22sub_promote_id%22%3A25%7D
Don't you think it deserves a deeper look

The ROE went from about 10 % in 2017 to very negative ROE over the past few years. But airlines all over suffered from the Covid effects. The question is whether Covid had permanently injured the company so that it cannot recover to its glory day. There are signs of more people flying. So what do you think?

Over the past 14 years, the company achieved an average ROE of 9 %. The mean ROE of the Bursa steel sector over the same period averaged negative 1 %. Kudos to the company as it is tough sector to make money as per https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26718

Over the past 14 years, the company achieved an average ROE of 8%. This is good considering that the mean ROE of the Bursa steel companies averaged negative 1%.

Over the past 11 years, there were 4 years with negative ROE. Even for those positive ROE years, the average was 5%. Not an exciting company from a fundamental perspective. You should not be surprise about the price drop over the past 1 year. Not a stock for the fundamental investor. But if you are a technical trader, this is a different story

The Bursa steel sector is a tough one as over the past 14 years, the mean ROE of the sector was a negative 1%. But Ann Joo achieved an average ROE of 3% over the same period. So Ann Joo did well. If you are a fundamental investor, I would KIV this for further investigation. If you want further details of the sector, go to
https://www.moomoo.com/community/feed/110744458362886?global_content=%7B%22promote_id%22%3A14079%2C%22sub_promote_id%22%3A25%7D

Steel is a commodity and as such you should look at Lion performance over the steel price cycle. Over the past 14 years, it achieved an average ROE of negative 6%. The mean ROE of the Bursa steel companies over this period was negative 1%. From a fundamental perspective you would probably hunt else where if looking for steel companies to invest in.

Melewar has cold rolling and steel pipe segments. For cold rolling its main competitor is CSC Steel which has a better track record. https://focusmalaysia.my/csc-steel-when-you-have-a-good-horse-the-jockey-is-not-critical/.

If you are a fundamental investor looking at the steel sector, shouldn't you look at the best performance? Over the past 14 years, the average ROE of the Bursa Steel sector ranged from negative 29% to positive 11 % with an mean of negative 1%. Choo Bee average ROE was 5%. Don't you think management has done something right?

The steel sector is cyclical so we have to compare steel company performance over the steel cycle. From 2009 to 2022, Leader achieved an average ROE of 2%. You may think that this is terrible until you find out that over the same period, the mean ROE of the Bursa steel companies average negative 1%. So to do well in a tough sector looks go. But is this the best stock?

Steel companies are cyclical and if you are a long-term fundamental investor, you should look at the performance over the cycle. Over the past 14 years (covering several steel cycles), the company ROA averaged 4%. This is even lower returns than the EPF. But you have to look at the sector. During the same period, the mean ROA for the Bursa steel companies averaged 1%. So Prestar did better than the sector. But are there better steel companies. If you want insights into how the steel sector performed go to https://focusmalaysia.my/its-been-a-tough-12-years-for-bursa-malaysias-steel-companies/

Steel is a cyclical commodity. So when you look at Astino performance, you should do so over the steel price cycle. Over the past 14 years, the company achieved an average ROA of 7%. In comparison, the mean ROA of the Bursa steel companies averaged only 1%. The company outperformed the market. Visit my site for more insights on the sector performance.

Steel is a cyclical commodity. So if you are a fundamental investor, you should be looking at the performance over the cycle. Hiap Teck ROE over the past 14 years averaged 2%. In comparison, the mean ROE of the Bursa steel sector averaged negative 1% as per https://focusmalaysia.my/its-been-a-tough-12-years-for-bursa-malaysias-steel-companies/ I would say Hiap Tech is worth a deeper analysis

Steel is cyclical and it makes sense to look at the company performance over the cycle. From 2009 to 2022, YKGI had an average ROE of negative 26 %. The Bursa steel sector mean ROE over the same period averaged negative 1%. I think there are better companies from a fundamental perspective https://focusmalaysia.my/its-been-a-tough-12-years-for-bursa-malaysias-steel-companies/ had an average

This is one of the steel rolling mills in Malaysia. But when you compare its long-term performance with the likes of CSC Steel or even Myrcon, it would not be on the top of the list. This was based on my analysis of the Bursa steel reported in my blog under "A tough 12 years for Bursa Malaysia steel companies"

Mycon is one of the few cold rolling mill companies in Malaysia. Steel is a cyclical commodity and it is more appropriate to look at the performance over the cycle. On such a basis, it is not one of the better steel companies. If you want to see my rationale, go to my blog analysis under "A tough 12 years for Bursa Malaysia steel companies"

The challenge with benchmarking companies is selecting the peers. If you want to benchmark against the Bursa property companies with SHF greater than RM 1b, I have an analysis in my blog titled "Will the Malaysian Property industry turn around by 2024? For example, from 2011 to 2022 UEMS had an average ROE of 3%. The mean ROE of the Bursa property companies with SHF > RM 1 averaged 7%.

Property companies went through a tough past decade but there are signs of a turnaround. Refer to "Will the Malaysian Property industry turn around by 2024?". From 2011 to 2022, the mean ROE of the large Bursa property companies averaged 7%. Compared to his, Tropicana ROE averaged only 5%. So why did Tropicana stock price moved over the past couple of months when the other companies did not have the same amount of increase? Surely it cannot be due to the performance alone.