Posted by brightsmart > 2018-03-04 02:27 | Report Abuse

david_tan > Mar 2, 2018 07:38 PM | Report Abuse

brightsmart,

Your view on Masteel is incorrect. You have not done your homework correctly prior to presenting your opinion.
===============

and if you think this stock gives you good value for your money, to buy or hold, good luck to you. I have given you my opinion.

ps....this stock already given two bonus issues, do not neglect to do the necessary adjustments in your calculations

ps....steel as its raw material? what are you smoking or you commenting about Choo Bee?

Posted by CharlesT > 2018-03-04 07:50 | Report Abuse

Till now koon bee is still the best stock winning formula in the mkt..just one reminder...dont be too excited n too serious on his sky high tp..most of them never come true...

Posted by Ooi Teik Bee > 2018-03-04 08:58 | Report Abuse

Agreed not all of them come true.
I will be happy as long as I make money year after year.

Buy Hengyuan at 5.95, target price is 15.00.
Sell them at 17.48.
At least this stock came true.

Thank you.
Ooi

Posted by Icon8888 > 2018-03-04 09:03 | Report Abuse

OTB has been making big money year after year and lives life with dignity whereas stockmanmy a.k.a brightsmart has to resort to PLP Uncle Koon to make a living. That is all I know

Posted by hstha > 2018-03-04 09:16 | Report Abuse

Canada, not Malaysia, will have a huge impact on this.

Posted by CharlesT > 2018-03-04 09:30 | Report Abuse

Stockman=brightsmart???lol

Posted by mjsim > 2018-03-04 09:42 | Report Abuse

not vested in masteel, but still i applaud your confidence for defending your points even though some of them might be incorrect.

1. David is correct in the sense that Masteel uses mainly scrap iron (besi buruk) to manufacture Rebar.

2. the big 4 rebar manufacturers are not exporting to US, and they are protected by anti-dumping measures in the local front.

If you can read mandarin i suggest you to read up on leoting's blogpost.

Good luck.

From an avid finance news & market news reader

Posted by hstha > 2018-03-04 10:17 | Report Abuse

http://www.enanyang.my/news/20180304/【独家】钢铁出口美少于1-br-马业者影响料不大/

Posted by hstha > 2018-03-04 12:18 | Report Abuse

“The impact for us can be nothing but positive because higher steel prices are good for us,” Chief Financial Officer Marion Britton said in a phone interview, adding that Mississauga, Ontario-based Russel has operations in both Canada and the U.S. and does very little cross-border trade. “We are not impacted like a Canadian steel mill because we don’t ship anything to the U.S.,” she said.


https://www.bloomberg.com/news/articles/2018-03-02/this-canadian-steel-company-is-giving-trump-tariffs-thumbs-up

Posted by brightsmart > 2018-03-09 15:54 |

Post removed.Why?

Posted by Bhavya K > 2019-02-26 16:33 | Report Abuse

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