Wow, Low margin & yet extraordinary long payment term, very scary.

The poor cash flows of Eversendai over the last 5 years were mainly due to the growing receivables from trade and contract works. Total receivables amount to RM1.7 billion, same as that of revenue. This means Eversendai takes about one full year to collect its dues after worked done.

director is selling.....

Thanks for the good news, myinvesting

Asim, so what's the best? Keep quiet & silently agreed the statement?

Yew Fei, you misunderstood the meaning, knife is on the floor mean no more falling, it may be time to pick up. How to go down if on the floor :)

Knife is now lying on the floor

虽然投资成功，不过，林子证表示，赚钱作慈善才是最令人振奋。他将一半薪水，捐献给协助国家有需要人士的非宗教非盈利机构。

他的社会企业基金，将20%的盈利，回馈给捐献慈善事业的投资者。

THUMBS UP!!!

He missed the tech play in the early part of 2017 & now absent from the steel boom, he is too busy with Jaks & Xingquan.

I was his supporter, held icap for more than 8 years & attended AGM 3 times, disappointed is all I can say

Icap has underperformed for the past 8 years

Ali, Ah Kow & Muthu...... :)

Haha, thanks for highlighting, didn't aware that, I just copied & pasted from KLCI King comment. :)

Any re-rating activity by market will see Masteel going for RM2

Last 3 Q total net profit was 28.6mil, and I estimate coming Quarter is at least 40mil, at market capitalization of 350mil, it is only PE5.

Appreciation of ringgit carry positive impact to Masteel, at 4.195, my guess is Masteel will get 5mil forex gain in the coming QR.

if RM can continue strengthen against USD to RM4, like what newspaper forecast, how?

---------------------------
KLCI King 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 = ???)

08/09/2017 11:03

Tried my luck here

Moneysifu very confident in steel, great to have you here

Posted by moneySIFU > Sep 8, 2017 05:27 PM | Report Abuse
Hi paperplane, I have 95% of my investment portfolio in steel counters (Ann Joo, Masteel & SSteel) since the beginning of Aug. Hope your wish will come true. :)

Thank you for sharing, paperplane, it is indeed very good article

Stockraider, it makes more sense to believe that people once getting older, they will be losing their ability to think & calculate over time

Blacksails Just like Maxwell, said the company has net cash of over 100 mil. one day and next day says spent all the 100 mil on advertisement assets and now no money. What a joke! The auditor says nothing and SC do nothing!!!
07/09/2017 22:08

Repeat

Conclusion: it is a lousy bet!!!

Well said, JayC

Masteel can easily get forex gain of at least RM5mil in the coming Quarter!

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 = ???)

Well done for great analysis on the positive impact towards Masteel, Thanks for sharing, KLCI King!

开始的时候以累积交易经验和操作技能为目的，因为初始资金小，可以选择激进一些，当资金成长到一个阶段的时候，就要尝试平衡保本和成长两方面的需求。

重点是正确的心态和持之以恒的努力。

Stock Kingdom 我最初一批PA是平均价是1.70，用了两个星期耐心的买，然后每天就价钱一直上我就一直买，买到昨天2.32再进一点。平均价现在是1.91.

母股就简单的多，就在3.06扫了150千单位进袋就没再进。

没买Structured Warrants是因为数目大的话，风险就太大。买少的话，看不到肉的 :)

每人胃口和投资点都不一样，谢谢Tatyang Liew对Structured Warrants的投资分享，虽然没买，但我从里面收益不少，感恩！


Posted by Tatyang Liew > Sep 7, 2017 10:29 PM | Report Abuse
我手上的Annjoo-CD，投机49天，现在价钱是0.235, 成本RM 29.3k, 收益67.5%/RM 19.8k。

现在的状态，以现在0.235的价钱，母股必须上到3.81才回本，还有92天，我相信母股也必然可以上到3.81。现在的Intrinsic Value上到0.186了，Time Value还有0.049。Implied Volatility在54-58之间上下浮动。

Interesting :)

hidden gem....still hidden?

PA will be better option after dividend ex over

Resilient & clearly visible bottom

Easy target, paperplane

It will take at least 2-3 years to come back

Wow, someone sapu 1.28

All steel counters up!

Yesterday were lion ind & ssteel, day before yesterday was annjoo, today belongs to Masteel?

Finally marching higher

You have also omitted choo bee who is producing & also involved in trading.

Mycron & CSCSteel are mid-stream players

Well done to all who have talked "facts" & "truth"

For me, I don't know how to laugh if the share that I invested went all the way from above RM1.50 to 3.5 cents, even though it go higher than 3.5 cent later.

Posted by yewyin33 > Sep 7, 2017 06:05 AM | Report Abuse
In any case, the game is not yet over. An official from CIMB told me that Datu Wu, Xingquan CEO told her that he is making preparation to comply with the rules of SC in order to relist the company. If the company is listed again, I think the price will go higher than 3.5 sen and I will be laughing all the way to my bank.

You have come to wrong forum, zenmaster

Truth has been revealed!

呵呵，明白，很好，加油！

对于有充足准备和足够投资知识与经验的投资者来说，有时及时行动的确比谨慎更重要。

Tatyang Liew, 干嘛你把你其他早些时候的言论清除掉？可惜

Anything wrong for cold eye diam diam? Does he responsible for anyone's money here?

What if he act like KYY telling the whole world what he has purchased, I believe many people will jump in without looking at reports or understanding the business.

Whatever the price movement subsequently, the whole world will condemn/curse him whenever he sells the shares.

Cold Eye was the Editor in chief of Nanyang ShangPao & every stock investors know him via the books he wrote. He openly hoped to keep low profile for security reason.

May be it is fun for him, at this age & the wealth he has. 6mil is nothing to him.

中国今天五号（星期二）钢铁现货出厂价跟昨天相差无几，保持在人民币4136
http://www.sunsirs.com/uk/prodetail-927.html

中国今天五号（星期二）钢铁现货出厂价跟昨天相差无几，保持在高水平的人民币4136。

http://www.sunsirs.com/uk/prodetail-927.html

中国今天五号（星期二）钢铁现货出厂价跟昨天相差无几，保持在高水平的人民币4136。

http://www.sunsirs.com/uk/prodetail-927.html

Oh, no wonder why suddenly here so smelly, bad mouth notebook is here

但PA 没法享用dividend