sad

better sell before <0.5

can rebound?

no doubt masteel's fundamentals are good. But nation wide construction,property/infrastucture counters all kena battered.

Thanks PH voters for such a cheap bargain buy hehehe

trade war off. up

still overvalued. Drop maybe 0.7x-0.6x can consider buying

can be only considered buying <RM1

Sell

how long can it go? hmmm...

still before it tumbles again

sell now also may not get buyer

agree with hstha hahaha

ini kalilahhh

Lala23,

you are right. One of these days CON LAN FIRM someone will do that hahaha. They want to enter at lower price

now since a lot of contra players push down the price, good buy on weakness!

TheContrarian,

Because masteel counter has a lot of goons hoping that price will tank more so they can earn petty contra profits.

Uob Kay Hian Retail Market Monitor,11 Apr 2018


Masteel, 5098
Close, 0.885
Breakout, 0.895
Buy TP, 1.07, 1.19
Support, 0.75
Stop loss, 0.745
Time Frame, 2 Weeks to 2 Months

Masteel has been long oversold for the past 2 months, about due time for recovery

breakout after resistance at 0.88. 0.9 incoming fast

https://www.thestar.com.my/business/business-news/2018/04/10/steel-stocks-on-a-roll/

up

false alarm for trade war, up

khatulistiwa1234 ,,|,,

last week say CONFIRM drop till 0.7 last week. 6k posts with all bullshit spamming only

panic cleared, fundamentals proving itself yet again. TP 0.95 soon

0.86 cleared like nothing

In 2017 steel and aluminium exports to the US stood at only 0.2%.
Hence recent fall for steel and aluminium stock in Malaysia should be oversold already.

"UOB Kay Hian Securities expects U.S. tariffs to have 'modest' impact on Malaysian hard commodity producers. "We maintain our positive views on aluminium and steel producers as global ASPs (average selling price) would continue to be predominantly influenced by China's supply-side reform, and the indirect effect of the potential US tariff would not significantly distort the pricing and margins of Malaysian producers," says house in investment note. "

“Local steel players still heavily rely on local demands. Steel price will stay (high) which can offset the high raw materials price as long as the demand is there." TA Securities Holdings Bhd analyst Tony Chan

Lim said projects like the Mass Rapid Transit Line 2, Light Rail Transit Line 3, East Coast Rail Line, Permodalan Nasional Bhd’s (PNB) Merdeka PNB 118 development and many others are the main customers. Who is also the group MD of Ann Joo Resources Bhd

Here by I share my catch for:

ANNJOO - Potential Entry RM 3.00 - RM 3.02, potential hit RM 3.10+. (RM 0.13 dividend ex-19/4, yield 4.3%) Cut if break RM 2.97.
(Revenue new high, profit good, DATO LIM Acquired some lately.




MASTEEL - Potential Entry RM 0.75 - RM 0.755, potential hit RM 0.80+. Cut if break RM 0.74.
Revenue new high, profit stable, company done share buy back at RM 0.95-0.985).




LIONIND - Potential Entry RM 0.88 - RM 0.89, potential hit RM 0.90+. Cut if break RM 0.87.
Revenue new high, profit new high, LEMBAGA TABUNG HAJI Acquired many lately.



Above purely sharing my own analyst, for own study and learning only. Not FAKE NEWS.

GE14 effect already factored in the prices in most counters across the board Tallman

Sell, going to tank soon

Warning to all the KYY bootlickers. Dont be fooled and trapped. When KYY gives Buy call, always got ulterior motive

Posted by khatulistiwa1234 > Mar 28, 2018 08:16 AM | Report Abuse

I guarantee today drop until door entrant 0.70 hit .


ANS: Save your statement first, later you delete pulak kikiki

khatulistiwa seems like mentally challenged boy.

cannot even word things into proper sentences.

Stop spamming idiot!

luckily i sold before it tanked

All steel companies affected by current market sentiment, trade war + GE.

But only in masteel thread got lots of people spewing bullshit of shooting 0.4, 0.5 & 0.6 TP and everyday condemning the stock with negative baseless statements.

Out of all, Masteel has the most speculators..its in their interest to lower down the prices as much as possible so they can enter and ride the wave when sentiment recovers lol

back to 0.775 starting price. What a rebound!

MALAYSIA STEEL WORKS (KL)BHD buyback 1,031,000 shares from 0.950 to 0.985 on 09-Mar-2018 - 12-Mar-2018.

mgt is showing dedication to its shareholders

tariffs minimal impact to Malaysian steel firms

becareful not to get burned

700 pts quite low

fall below 1.4 soon

short term TP 0.95

down

thanks for sharing aiinvestor

why masteel everyday also got people post daily "down, RIP, no hope, sell, 0.6/0.7 soon blablabla etc etc".

Because all hoping price will tank so they can makan and reap sizable profits lol

oversold like crazy

agree with calvin, got profit just take ba, cut loss if loss

KYY stocks all lau sai now, karma hahahaha. Always when KYY fight with IBanker, KYY will always lose

sinking ship, sell

lucky i never follow the uncle KYY to buy JAKS and SENDAI hahahaha

Ibanker stated facts and valid data. Not like idiots who simply post articles i3 with one or two sentences with no data/analysis

HODL

nowadays any peon also can write own article at i3 and shoot TP and become a self proclaimed sifu LOL

broke rm1 resistance immediately upon market opening. Good good