Cut loss..I don't see a good rebound. The growth doesn't have any extra fuel to fire up, and I believe that this counter is really goreng up until beyond its fair value.

cut loss if it was me. Its result failed my expectation miserably. FOREX loss will gonna be even more in coming quarters. Growth wise might not be very high if it keeps on incurring high marketing expenses and no successful contracts. Unless all materialise perfectly, then might see a new light in this counter.

https://www.trade.gov/steel/countries/pdfs/imports-us.pdf
Please read this. US steel imports from countries and the statistics. A very marginal amount. Mainly top 10 countries will have large impact.

@lala23, Where did you find the source?

Does Masteel export to US? According to its annual report, it was stated that Masteel did export, but never mention where it exported to. The amount is marginally small.

brace yourself for tomorrow.

Quarterly report is out.

Please read the quarterly result properly. Its recent PAT is due to tax incentive. Growth is not as stellar as last time due to changes in alliance.

Today many counters rebounded. Possibly to side range from 0.48-0.55.

I see mid year discount. going to wait further before going in.

If your paper loss is not much, then, can consider. if a lot, then, think twice.

Average down, if you can.

@Chengheng Lee, it is not cacat, just that the share valuation has been so high that the intrinsic value of the share should not be that. That's why drop lor. But seeing good earnings growth from its new contracts, the share price will pick up, but not now. maybe, in three months onward. I think its next coming QR in Feb will be around like the one in Nov unless the new commissioning machine came in earlier. still, to see the result, it will be in this quarter of 2018 onward. I think its FV is around 50cent.

Anyone going to Extraordinary General Meeting on 29 Jan for voting on bonus issues?

Why this is a "frying" stock? Mind to share?

Anyone going to EGM?

what is 108 group members?

Recent news push up the price, but seeing the valuation now, it is still high to enter. Wonder how long it can sustain given such high valuation. Good fundamental, but it is not the timing to enter now. Hold tight to existing holders. Bear with it.

Wait for correction time.

Sold too early. Regret now. Macam too high to enter now.

Bearish market. Valuation is too high. Price'll not be able to sustain at such level. Time to cut loss, if possible. Come back again next year.