Going down cents by cents, will it reach 0.90?

This author is teacher, not an investor, everyday talk kok only. That's the reason we never see teacher became millionaire before.

Almost 35% up from RM2000

great to see steel price up RM20 again to RM2770

edward123 8th Sept 2017

Southern Pricing : (Morning) Up Rm20/mt
Y16-32=Rm2620
Y10,12,Y40 &R10 =RM2770
R6,8,12,16,20&25=Rm2820 (No Stock)

Amsteel Pricing : (Morning) Up Rm20/Mt
Y16-32=Rm2620 (only certain size have)
Y10,12,Y40 &R10 =RM2770(do not have sufficient stock)
R6,8,12,16,20&25=Rm2820
11/09/2017 13:32

Thanks for update, Edward, great to see steel price up RM20 again to RM2770

zexon, mind to share the source or link? thank you.

OMG, CP Teh must be living behind horse all the time

Like that also can? What a rubbish!

leoting, any new article from you? Thank you

This KYY become a real joke

Come on, show us you are DaiGo

I said below comment 3 weeks ago, agreed on JayC on the following:

catalyst is more corporate exercise like bonus issue, share split, dividend payment. and free warrant then wham boom bam... PE will be 8 to 12 depending on size of counter is not an issue
08/09/2017 11:35

----------------------------------------------------------------------------------------------
Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD
Aug 18, 2017 05:18 PM | Report Abuse

Something to look on:

Share capital = 122mil
Share premium = 78mil
Retained profits = 365mil

NTA per share = RM2.32
Current Market price = RM1.11

Last Q EPS = 5.83,
Annualised = 23.32
Annualised PE = 4.76 times


http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2017-03-31/5098_MASTEEL_QR_2017-03-31_Masteel%201Q2017_-131092758.pdf

The ratio of their inventories over the revenue in the latest QR.

Ann Joo = 180%
Masteel = 149%
SSteel = 105%

Masteel will be clear winner in term of price appreciation!

MASTEEL : Steel Miller That Direct Benefiting of Strengthening Ringgit
https://klse.i3investor.com/blogs/happyinvest/131769.jsp

MASTEEL : Steel Miller That Direct Benefiting of Strengthening Ringgit
https://klse.i3investor.com/blogs/happyinvest/131769.jsp

MASTEEL : Steel Miller That Direct Benefiting of Strengthening Ringgit
https://klse.i3investor.com/blogs/happyinvest/131769.jsp

Also this, take look at the bigger picture, Lii Hen will be badly hit

Sept 8: Ringgit continues climb against other major currencies
http://klse.i3investor.com/servlets/fdnews/236665.jsp

Ringgit at near 10-month high
http://www.thestar.com.my/business/business-news/2017/09/07/ringgit-at-near-10-month-high/

For Lii Hen, take a look at this before making any decision

野村證券：美元跌浪剛開始 （香港明报）
http://klse.i3investor.com/blogs/stockkingdom/131728.jsp

RM vs USD is strengthening & Masteel is directly benefiting from the RM appreciation.

30/09/2016 = RM4.125
31/12/2017 = RM4.486 (-8.75%, QR forex loss = 11.02mil)
31/03/2017 = RM4.427 (+1.3%, QR forex gain = 1.3mil)
30/06/2017 = RM4.295 (+2.98%, QR forex gain = 6.44mil)
07/09/2017 = RM4.192 (+2.4%, QR forex gain = ???)


http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2016-12-31/5098_MASTEEL_QR_2016-12-31_Masteel%204Q%202016_-825292021.pdf

http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2017-03-31/5098_MASTEEL_QR_2017-03-31_Masteel%201Q2017_-131092758.pdf

http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2017-06-30/5098_MASTEEL_QR_2017-06-30_Masteel%202Q2017_-2042900894.pdf

VS up from 1.70 when EG was 0.92.

Now VS hit new high @ 2.45 while EG pitifully hit new low @ 0.75. Why?

There were many discussions before today, positives & negatives, with or without facts, it is either you wrong or market wrong, I don't know, you decide. All I know is people at VS cheering everyday.

When there are so many good stocks to choose, why must die die stick to this EG?

Holland call by Calvin Tan

From 2.88 to 2.16, good call by the News Reporter, Harry Teo

It won't go down much as the historical PE is already very low, only re-rating can see the price move.

yup, still hidden

Tatyang Liew 我个人觉得不要学投机。
07/09/2017 10:47

AGREED!!!

sktrader, your bursa system must be different from mine

Closed highest today

the ratio of their inventories over the revenue in the latest QR

Ann Joo is 180%
Masteel is 149%
SSteel is 105%
.

Why Ann Joo & Masteel will be the clear winners in the coming Quarter? Because of the ratio of their inventories over the revenue in the latest QR.

Ann Joo = 180%
Masteel = 149%
SSteel = 105%

Why Ann Joo & Masteel will be the clear winners in the coming Quarter?

Because of the ratio of their inventories over the revenue in the latest QR.

Ann Joo is 180%
Masteel is 149%
SSteel is 105%

haha, 1mil road block @ 1.30 cleared!!!

Laosai

This one geng, all noise gone

Finally the dog run away?

Gogogo!!! 1.30

leoting market supplies very tight.....
06/09/2017 12:57

edward123 Yes Leo, indeed tight as all of the steel millers prefer export nowadays
06/09/2017 13:10

Conversations at SSteel Forum
http://klse.i3investor.com/servlets/stk/5665.jsp

300k @ 1.28 also kena sapu, if these are not funds buying, who's buying?

Funds are collecting Masteel since it is lagging behind other Big 4

OMG, 400k units @ 1.27 just kena sapu in one go

moneySIFU Dear Mr Edward & Leoting,

Thank you for all your contribution & insight views towards the steel industry & development in Malaysia, many including me have benefited from your great & fantastic sharing.

From your conversations, all the steel millers prefer go for export nowadays.

May I ask on the following:

1. Price for exported steels Vs local selling price
Will millers get higher export price if compared to locally sold price

2. Possible/percentage of export Vs local sale.
Any idea of how much is now being exported, roughly or generally?

Thank you in advance.
06/09/2017 17:16

The total money he invested was only about 6 mil, nothing to cheer about.


KYY: "I can imagine the amount I will make from my 86.9 million shares, costing me 6.85 sen per share. I will be laughing all the way to my bank."

Very good article indeed, well done

Then all money he claimed he invested will be come cold air? lol

How to bet if the company is suspended by Bursa? What a joke from KYY, too old & dying.


Date Announced 05 Sep 2017
XINQUAN - CONTINUED SUSPENSION OF TRADING

XINGQUAN INTERNATIONAL SPORTS HOLDINGS LIMITED

The above Company has failed to submit its Quarterly Report for financial period ended 30 June 2017 to Bursa Malaysia Securities Berhad ("Bursa Securities") for public release within the stipulated timeframe pursuant to Paragraph 9.22(1) of Bursa Securities' Main Market Listing Requirements ("LR").

Pursuant to Paragraph 9.28(5) of the LR, if a listed issuer fails to issue the outstanding financial statements within 5 market days after the expiry of the relevant timeframes as stated in Paragraph 9.22(1) of the LR ("Relevant Timeframes") (the last day of the 5 market days is referred to as "Suspension Deadline"), in addition to any enforcement action that Bursa Securities may take, Bursa Securities shall suspend the trading in the securities of such listed issuer. The suspension shall be effected on the next market day after the Suspension Deadline.

In view of the above and in accordance with Paragraph 9.28(5) of the LR, a trading suspension will be imposed on the securities of the Company. However, as the Company's securities has been suspended from trading since 8 June 2017, the trading suspension of XINQUAN will continue until further notice.

Oh, XinQuan is suspended, how to bet?

KYY invites all to bet with him, forget about business sense, accounting or charts.

Is Xingquan a Good Bet? Koon Yew Yin
http://klse.i3investor.com/blogs/happyinvest/131575.jsp

All wolves are here now, they smell blood

Again, I come here to watch show only.