aiyoyo was hoping for it to reach 90c :( Looks like we have to wait longer. They might keep prices low just like before to flush out retailers.

Keeping cash. Coming back when technicals are better

Hold cash. Wait for the big drop and whack

News to push down price as low as it can go. Ringgit appreciating. Construction and metals play coming soon. Good luck.

ringgit is improving. get ready for foreigners to come back

ringgit is improving. get ready for foreigners to come back

block at 36.5c . need to pass that first

yeah i thought so too. what is kyy's motive? hmm...

https://klse.i3investor.com/servlets/staticfile/316645.jsp


KYY mentions that good results are from late payment by developers and contractors. Managing director and Quarter report states that higher revenue from higher sales, higher steel prices and better margins from the new bukit raja mill

http://www.theedgemarkets.com/article/hibiscus-petroleum-1q-profit-lower-yoy-rm1078m

never fully trust analyst or researches. profit drop because part of sept shutdown for maintenance and oil price only rose mid of september till date. maintenance also in Oct so dont expect such rosy Q2. but oil price did rise so will offset the shutdown in oct. Hibiscus will only fly when the NS eor is finally announced. And then we will see its true power. If the purchase falls out, then we can look for a different counter to invest.

mr otb will not want to get involve at this particular time. thats my 2cents :)

well KYY might be wrong but he is influential and has many followers. Stock prices do follow sentiments and the price movements depend on the jerungs who in turn engages analysts or are analysts themselves.

Not sure why KYY chose to attack masteel when there are so many other terrible counters out there that could use his help.

Could it be like palette? when TS wong released the bad news and then brahmal comes in to sweep up the shares cheaply?

Interesting times ahead. We ikan bilis have to play smart. This is where we must rely on TA and certain softwares out there that can help us detect the movements of these jerungs.

Good luck guys. Masteel just got interesting. Not gonna share my 2cents this time as the jerungs do gather data in any media sources they can get.

or imposter trying to create unrest and collect at cheap? hmm... interesting

plus their revenue mainly comes from public infrastructure and transport projects. not from high end property development...

Residential property market might be softening but infra and transport are booming with the many mega projects....

is this really the real kyy?

huh? revenue is from late payment from developers? i thought revenue is recognised at point of sale and payment is under receivables? aiyo. create panic ka?

agreed for long term investment.

https://www.bloomberg.com/news/articles/2017-11-24/russia-opec-are-said-to-agree-on-framework-to-extend-oil-cuts

:)

Lol don't need think so much. Brahmal buy we buy. He sell we sell :P

Kesm, inari and now masteel and lionind. Hope hibiscus can complete a fantastic month :)

Well done Mr Ooi. Let's all hope market reacts positively like it should. Hope today's drastic drop in china markets is temporary and won't affect sentiments. Come on Masteel!

Exciting time ahead tomorrow!!!!!

very big block at 3.00. need to pass that first before surging

big block at 2.95. need to pass that first

favourite ever stock! 21 coming!

36.5c very hard to break. need help

brent 63 :)

block at 2.91. need to pass that first

36.5c now big block. need to pass that

if it was pump and dump, then Mr Eg and brahmal would have let go some of their shares. but looks like there are good things ahead

i like palette. after TS wong sold. Mr Eg voiced his displeasure and Brahmal add even more. That shows that the people inside trust in the business

needs to break 36c first. then 40c should be easy

brahmal bought 17mil shares. 12 mil from TS wong and 5 mil from weak holders..... like me... lol. just kidding. time to enter back i think

Brahmal is back for more. Looks like time to enter

Commentary on Prospects

The International Monetary Fund (IMF) in its October 2017 World Economic
Outlook update reported that the global upswing in economic activity is strengthening.
Global growth which in 2016 was at 3.2 percent is projected to rise to 3.6 percent in 2017
and to 3.7 percent in 2018.

In the August 2017 update, The World Semiconductor Trade Statistics (WSTS) published
the second quarter 2017 semiconductor market figures with the updated forecast of
worldwide semiconductor market showing a much stronger growth of 17% to USD$397
billion, and the year 2018 is forecasted to be up another 4.3% to USD$414 billion. At the
same time, Gartner Inc published their October 2017 report with year-over-year upward
growth of mobile phone sales in 2018, with shipments totaling 1.9 billion units, of which
smartphones will represent 86 percent of total mobile phone shipments in 2018, up 6 percent
from 2017.

For the financial year ending 30 June 2018, the Group will continue to deliver positive
performance from our continuing manufacturing activities in the Wireless RF and
Optoelectronics operations commensurate with growth in the global semiconductor market.
With a good balance of mature and new services/products offerings and barring any
unforeseen circumstances , we are optimistic in continuing to deliver profits alongside our
growth in revenues for the remainder of the current financial year.


Excellent prospects for FY2018!

brahmal! this is the sign i'm looking for. tomorrow buy back

ahh. good results. was worried for a moment. guess i;ll continue to hold.

2.90 became big block

inari has a very big block at 2.95. need to pass that first

https://www.thestar.com.my/business/business-news/2017/09/02/a-palette-of-good-news/

http://www.palettemm.com/files/The_Edge_Markets_-_Palette_ventures_into_Russia_-_2017-03-07.pdf

http://www.focusmalaysia.my/Markets/palette-wa-to-soar-on-russian-orders

There will be a point in time when all of us will stop believing in news and trust the technicals.

aiyaya. lets not fight or bad mouth others. in my opinion... it could just be bad market sentiments. maybe the freeze in luxury properties, hike in rates, elections or whatever.

look around at the majority of other steel companies.. Lionind, annjoo, ssteel, prestar, leonfb, hiaptek... etc etc. Dont think Mr Ooi recommended all those and all went down heavily..

let's just take a deep breathe and be patient and wait for the QR. Nowadays to cut loss or sell a stock can be done with just a click of a button. If QR very terrible... then sell. no questions ask. there are 1000 stocks in KLSE and many other steel companies.

Lose in 1 stock does not mean the end of the world. There are many other opportunities elsewhere to earn back.

Well thats my 2cents. This QR should definitely be good considering the rise in steel prices in july to sept. if it is not then just cut and dont look back.

I had cut loss at 33c and will only enter when there is a favourable TA. Good luck guys

Ays posted good results. The question now is whether can investors wait few more days till results or to start panic selling due to a certain recommendation.

looks like it will trade range bound until QR. definitely not for contra

guess have to wait until QR release :P In mean time focus other shares :P

looking forward to a rebound in steel counters soon! cmon lion!

should still trade range bound until QR. But market sentiments should be slightly better. Though we cant expect a good rally in our markets until after the elections.

finally US market soared back and regain all the correction for the past few days! Nasdaq is up 1.30%! The good sentiments should boost kesm price up and shake off the effect of SMIC's heavy fall.

My ever favourite stock. Kesm and Hibiscus :)

still monitoring. will cut loss if it breaks the previous low 2 days ago. my cost is still 40c. didnt have the guts to average down :P

Market sentiments was bad for the past few days. The big guns, US and China, had abit of correction, Dow shed close to 200 pts, Shanghai com around 150.

However last night US market soared back again after the house republicans pass the tax bill. Hopefully malaysia market follows as well. Good luck guys~ :)

not only masteel, but other steel counters dropped heavily as well for the past few days. ssteel, csc, lion, annjoo, prestar... etc etc all dropped quite heavily. so its more to market sentiment than the stock problem.

And they dropped despite steel prices rose!

Anyway US market soared back once again last night. Hope it'll bring good effect to our malaysian market. And if it does, last few days were golden opportunities to collect steel counters. Happy trading/investing people. Cheers