hahaha.. good one tj

Save the crap

bearguy.. that's a fair view and i agree to it. Some of us took the risk of collecting knowing well it will plunge due to the AFS delay. As such, only hardcore investors left and it does not matter or make any difference to hold further.. wiping out the short term speculators..

Yes DareDevil.. there is a need to have the Q1 out for the suspension to be lifted

http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=170485&name=EA_DS_ATTACHMENTS

Ezra.. thanks for a good write up!

Calvin, your earlier analysis do make sense specifically on the financial fundamentals of this company; the type of products and going forward; the prospect it has with regards to the steel demand in the country. We shall see what a-40year old grandmaster of steel has to offer once it is unleashed from its AFS quandaries...

a good stock to keep !

Peter123, No new catalyst hence don't expect any immediate rebound.. Malaysia is currently saddled with unfavorable prospects. Utilities and blue chips are reliable benchmark...

Nevertheless, I wish you happy trading...

Cheers

dc7803, the current market conditions has nothing to offer hence it will dip lower than .30

As what CleverBoy mentioned, it will stay at the bottom for a while until the overall market improves

Yes Peter123 Cut loss at .585/.590; market unable to hold further

Yes odie88, only true investors left and no longer rooms for speculators

The wait continues ...2nd week of June perhaps... on how the AFS' ripples going to affect the q1

Went below support level

Failed to attract investors despite good results..

blackul66... agree with you. Comments for some are meant to build self-confidence; swearing and justifying to one-self that a right "decision" had been made

The outlook for steel industry is positive with the continuation of MRT line 2 and the constructions sector supported by the government in the recently announced 11mp. It will be a good opportunity for masteel to come out stronger with the clearance of its audited account whilst pmetal sorts out their operations. A clean audited AFS couple with a positive q1 results would certainly help!

For 2 consecutive years, Q1 report being released on 23 May... We shall see if the coming one would fuel a rebound in the current soft market...

dc7803 all boils down to holding power now. Malaysia, one of the worst market performer in the region....

dc7803, i supposed that is due to proftit taking by foreign funds amidst uncertainties.

Yes Chan KS, unless there is an immediate win of contracts that tell so. Market is slow

dc7803, one man's meat is another man's poison, depending on the backing and how it's played to one's advantage. Similarly when politians join any org, it could bite both ways...

Lucas Chan.. it has gone through the base, sustaining between .64/65 and slowly picking itself up

Heavy selling pressure in the morning

dc7803, you are absolutely right.. this company is driven by politians. Though it would help bring in projects in the longer run.. as investors, we would like to look at fundamentals

Market under heavy selling pressure.. not necessary due to the performance of the company

minahkarant.... only if all these news translate into your trading activities

Good Morning to all... given the long period of stay at the base.. a strong rebound in gaining momentum to 0.7 is much anticipated.

Happy trading to all of you!!

It will take a while..

dc7803, agree with you.. and if the annoucement translates into movements

dc7803, you can read more about Roton Kimer ..

http://www.pressdisplay.com/pressdisplay/viewer.aspx

hope this helps you in your decisions.. happy trading!!

Some news...

"Sersol Coatings Sdn Bhd and Roton Kimer Capital sign memorandum of understanding, JW Marriot Kuala Lumpur, Bintang 3, Level 3, 183, Jalan Bukit Bintang, Kuala Lumpur at 1100 (0300 GMT)."... source The Star

good morning and happy trading to all.. v-graham, it was a notification to AGM yesterday

Agree with jolie2