Be the first to like this.
15 comment(s). Last comment by calvintaneng 2019-06-16 12:13
Posted by Beary > 2019-06-14 16:32 | Report Abuse
Lying and sweet talking is how used car salesman conman calvintanenen earn his living.
He and his johor gang are just a pump and dump BUSTERDS.
He recommends hundreds of stocks and pretends he held on to them forever.
When price goes up months/years later he will come back to claim credit whereas he had already sold long time ago when price up by 5%.
Latest example being lafarge.
When price down he will just say buy more and keep forever whereas he himself already cut loss long time ago.
Latest example being uzma
LYING MADERFAKKER BUSTERD SON OF A BITCH.
Posted by apolloang > 2019-06-14 16:35 | Report Abuse
masteel must ask dato OTB not datuk calvin…...hehe
Posted by calvintaneng > 2019-06-14 17:17 | Report Abuse
Masteel OTB will come after it reaches Rm1.00
Posted by calvintaneng > 2019-06-14 19:16 | Report Abuse
Sleepy bear thought Calvin promoted hundreds of stocks
The truth is this whole year I think only 30 to 40 stocks the very most
Out of these 30 over stocks
Naim already hit 100% profit Chun Chun as well as Carimin
Now this lafarge also hit 100% profit Chun Chun when it touched Rm4.50 from Rm2.25 buy call in March 2019
Tell you the Big secret
For a stock to go up there must be strong catalyst
1. Naim gone up because of Oil And Gas Boom
2. Lafarge Cement went up due to Ecrl restoration
So these are the 2 powerful catalyst for Year 2019
1. Petronas giving Rm30 Upstream jobs is a powerful catalyst
2. Ecrl jobs and demand for construction materials like cement and long steel bars will be another Chun Chun catalyst
Now Eagle Vision looks ahead to Year 2020
Year 2020 will be Visit Malaysia Year 2020
So the catalyst will be incoming tourism boom
Calvin already selected Asb (advance synergy Bhd) to go into a boom time as it is mainly a tourism related company
Asb operates 15 hotel holiday Villa and resorts and own 10 of them
Plus Asb also sold and got a booking for it's prime freehold shah Alam land for Rm124 millions of which Rm80 millons or 8.3 sen will be it's net profit
All these are real businesses making real monies
All go up on their own strong steady solid fundamental one by one
That's it
Chun Chun on Value
With Chun Chun Catalyst to unlock Value
Hip hip hooray
Posted by nckcm > 2019-06-14 19:23 | Report Abuse
Steel price is like shit now no way to rm1.
Posted by calvintaneng > 2019-06-14 19:31 | Report Abuse
Precisely steel prices are bad and people avoid it therefore it is cheap to buy now
Always the same after more than 10 long years experience with long steel stocks
By the time Ecrl and Bandar Malaysia in feverish construction then the sale of long steel will increase and Masteel will report good earnings
By then
Orders for long steel will be at its peak
Profits also at its peak
P/E will be low
And many analysts will go GaGa over long steel stocks and prices would have surged
At this time of euphoria many will finally turn bullish
But tooooo late!
Because that will be the time to sell and not to buy
So 90% of the people avoid buying cyclical masteel while cheap and this 90% of the people will only chase masteel AFTER it gone up alot and turn into Ms Universe stock again
So 90% of the people will surely, eventually lose money
Their greatest enemy is themselves
They feared when they should be greedy because price is cheap and unwanted
And they get greedy when they should be fearful because prices are chased up very high later
Posted by calvintaneng > 2019-06-14 23:43 | Report Abuse
Posted by Eric Au > Jun 14, 2019 8:55 PM | Report Abuse
Masteel coming?
Eric Au,
Coming is a sure thing as Ecrl will need a lot of long steel bars. One ton of cement is rm350
One ton of long steel rebar ranges from Rm2,300 to Rm3,000
So masteel stands to reap high profit when all the engines of construction for infrar firing up again
Of course there might be a time lag or delay as thousands of contractors are shortlisted for selection in the Ecrl project
Maybe my buy call still early
Never mind. I called for a buy on Carimin way too early in Jan 2018 and price of carimin even weakened further. But more than one year later price shot up double
So my buy call on masteel may be too early
Never mind. I am prepared to hold as Ecrl is a sure thing. Bandar Malaysia is also a sure thing and Pan Borneo highway is now a reality..it is still a work in progress.
So the verdict is
Coming bull run time again for masteel
When?
That I cannot tell for sure
For now what we should do is buy while still cheap
Posted by Coffinmoneytrader > 2019-06-15 22:11 | Report Abuse
Let tell you something
For 2019 until today steel price especially long product is not looking good due to high supply.
The first half of 2018 still looking supported with anti dumping tariff.
But, Second half price slump badly due to new steel producer start commissioning their new plant then start selling to the market.
Let me introduce you: ALLIANCE STEEL at MCKIP
Their new plant with 3.0++million annual tonnage(right now they are the biggest blast furnace steel operator at this country taking over annjoo) is the real threat.
(Yeah, some said it mainly for export but they also sell to the domestic market, at one time as low as rm19xx++).
Also to make thing worst, hiap teck eastern steel also resume operation.
After GE14, even with a resume of some mega project, the price still too soft,
Property market also got too many overhangs product, the developer not too eager to lunch any new mega township or development at the moment
That's the reason for the feb & may earning, all major player (annjoo,ssteel,lionind,masteel) reporting a significant loss
Posted by calvintaneng > 2019-06-16 00:20 | Report Abuse
Tell me something?
Ok both already old news
For Hiaptek there are into a different class of steel pipes
No threat at all to long steel players
For Alliance Steel I have a doubt about another China company hiding behind walls & stealing water See https://www.thestar.com.my/news/nation/2018/05/22/steel-company-being-investigated-for-allegedly-stealing-nearly-rm500k-of-water/
All the China red chip companies listed in KLSE like Xinquan, XDL, CSl, Maxwell & all the others no exception are all failures
NOW LET ME TELL YOU WHAT I KNOW ABOUT MASTEEL FOR MORE THAN A DECADE
1) MASTEEL RAISED ITS FUNDS BY PRIVATE PLACEMENTS EASILY (SO NO HIGH BORROWINGS)
2) MASTEEL HAS HIGH MARGIN OF SAFETY WITH NTA OVER RM1.50. PRICE IS ONLY 1/3 OF NET ASSET VALUE
3) MASTEEL HAS A COMPETITIVE EDGE AS IT USES CHEAP SCRAP METAL WHICH CHINA ALSO NOT BUYING (JUST LIKE MUDA BENEFITED FROM CHEAP RECYCLE PAPER) NOW IRON ORE PRICE ALMOST DOUBLED WILL HIT OTHERS HARD
4) MASTEEL BUSINESS WAS DOWN JUST LIKE LAFARGE CEMENT DUE TO CANCELLATION OF MANY HIGH VALUE INFRAR PROJECTS AFTER PH GOVT WON GE14
CAPACITY WAS REDUCED TO 50% BECAUSE OF LACK OF DEMAND (NOT DUE TO CHINA STEEL DUMPING)
NOW THAT ECRL & BANDAR MALAYSIA JOBS WILL BE REVIVED BOTH CEMENT AND LONG STEEL FOR HEAVY INFRAR JOBS WILL RISE IN DEMAND
5) CEMENT PRICES HAVE ALREADY GONE UP BY 12.5% TO 20% AFTER YTL TOOK OVER LAFARGE. NEXT LONG STEEL PRICE MIGHT RISE DUE TO HIGH IRON ORE PRICES
ALL THE FAVOURABLE FACTORS FOR CEMENT AND LONG STEEL ARE NOW BEGINNING TO TURN POSITIVE (LAFARGE, HUME IND & TASEK PRICES RUN FIRST) NEXT TO RUN UP WILL BE LONG STEEL LIKE MASTEEL, ANNJOO, LIONIND & SOUTHERN STEEL
I LIKE MASTEEL BECAUSE IT IS THE ONLY 100% PURE LONG STEEL PLAYER WITH 4 STRONG FACTORS
1) ITS PRICE TO ASSET = HUGE MARGIN OF SAFETY
2) ITS LOCATION = AT THE START OF ECRL IN KLANG
3) ITS COMPETITIVE EDGE = USING SCRAP IRON AS RAW MATERIAL
4) ITS BALANCE SHEET: IT AVOIDED HIGH BANK BORROWINGS BUT RAISE CAPITAL BY PRIVATE PLACEMENT
AND THE BEST OF ALL IS ITS PRICE
AT 50 SEN MASTEEL HAS REACHED NEAR ROCK BOTTOM FROM ITS RECENT PEAK AT RM1.90
Posted by calvintaneng > 2019-06-16 00:32 | Report Abuse
One more factor for Masteel
Grand Champion Sifu Dr Neoh Soon Kean used his own money (Not Dynaquest) to buy
1 MILLION MASTEEL SHARES
See from latest Annual Report of Masteel
TOP 30 Shareholders of Masteel
26 NEOH CHOO EE & COMPANY, SDN BERHAD 1,000,000 0.23
NEOH CHOO EE IS THE PERSONAL COMPANY OF DR NEOH IN PENANG
OVER THE FEW DECADES DR NEOH HAS MADE SO MANY ORDINARY INVESTORS TO BE MILLIONAIRES
FOR SOME THEY ARE NOW MULTIMILLIONAIRES
Posted by Coffinmoneytrader > 2019-06-16 08:15 | Report Abuse
1) Eastern steel produces billet for a long product(they also sell it to other steel rolling company). There is info that they currently setting up rolling plant
2) Masteel competitive edge is not valid(if this is true, why they still in loss for the last 2 quarters), the reason they use 100% scrap because of they only have EAF, but so does lionind and southern steel.
3) Annjoo, eastern and alliance have blast furnace does not mean they don't buy steel scrap. Nowadays they will mix between scrap and hot molten iron(go google about eaf hybrid process) to get better result in term raw material price, reduce melting time process and power consumption.
4) Location? , well so does lionind, they also have plant at klang
5) 100% pure long steel player is a disadvantage, other steel players also can produce same product at the higher capacity if they want.
Posted by calvintaneng > 2019-06-16 11:41 | Report Abuse
I didn't see Eastern steel mention long steel rebar in its company website. They only listed steel pipes and tubes.
Last few quarter losses happened because of high infrar jobs cancellation by PH Govt after GE14 on May 9th 2018
So the quarters for Sept to Dec 2018 and from Jan to March 2019 were bad due to the above reason. That was the disadvantage for masteel as it is 100% long steel
I recommended Annjoo steel then around Rm1. 30 as it exports steel products to Singapore and not totally in long rebar steel.
While masteel did poorly compared to Annjoo then the tide of fortune reversal will come back in full force for pure long steel player like masteel now.
If you only sell Christmas related products your business can only get better as Christmas gets nearer. And ski resorts should do well if freezing winter comes back
For high infrar jobs that require the toughest steel products by masteel should benefit the mostest
Yes lionind has steel factory in klang. But note these 2. Lionind is not 100% into long steel. Lionind, like Dayang having perdana impediment, also got the debt burden from megasteel
Masteel is free from any encumbrances and is versatile
100% pure steel is a disadvantage only if Malaysia stops all infrar heavy duty developments.
BUT Malaysia, geographically located in the heart of the Asia Pacific century, with India and China as growing neighbours, will see lots and lots of developments in the foreseeable future
So masteel still got a very bright future
This is what Eagle Vision see
1. High-speed Rail from Kl to Spore
2. High-speed Rail from Kl to Bangkok
3. SEA BRIDGE FROM MELAKA TO DUMAI IN SUMATRA, INDONESIA
4. HIGH SPEED RAIL FROM KELANTAN TO JB CBD
5. HIGH-SPEED RAIL FROM KUCHING TO MIRI
6.HIGH SPEED RAIL FROM KK TO TAWAU
7. HIGH SPEED RAIL FROM PENANG TO KOTA BAHRU
8. HIGH SPEED RAIL FROM KL TO KUANTAN
9. POSSIBLE LONGEST LAND BRIDGE ON EARTH FROM KUANTAN TO KUCHING IN EAST MALAYSIA
10. 2 OR 3 MORE CONNECTING BRIDGES FROM ISKANDAR TO SPORE
11. MRT IN KOTA BAHRU, KUANTAN, ISKANDAR, MELAKA, PENANG, IPOH, SEREMBAN, PAHANG, MIRI, KUCHING, KK, SANDAKAN, TAWAU AND OTHERS
AND MANY MORE TALL TALL BUILDINGS LIKE NEW YORK BEING DONE IN CITIES LIKE KL, SELANGOR, PENANG, JB CBD, KUCHING, KK AND OTHERS
12. I SEE IMMENSE DEMAND FOR LONG STEEL PRODUCTS
OF COURSE WE MAY NO LONGER AROUND TO SEE ALL
BUT AT LEAST WE WILL SEE ALOT MORE IN COMING DECADES OF 2020, 2030, 2040 AND 2050
Posted by calvintaneng > 2019-06-16 12:13 | Report Abuse
30 years ago China was a backward country
In 2007 China already got High speed Rail while the world went into the Subprime Recession
12 years later China got 12,000 miles of High Speed Rail criss crossing the nation of China
They will double it again by year 2030 to more than 30,000 km of high speed rail
That is more than 100 High Speed Rail from Kl to Spore
Last time China was so poor that my parents had to buy canned food and sent them to their relatives in China
Today China has overtaken all except Japan for Hsr technology
If Malaysia gets it right with the right government you will see lots of development like in Spore
My Jurong MP(Member of Parliament) already told us that by year 2026 they will build Mrt right at the doorstep of my Condo in Spore
In fact Singapore aims to build an Mrt station in every part of Spore where walking takes only 10 to 15 minutes
That will be how connected and Singapore will be in the near future
NO need even to own or drive a car unless we want to drive in Jb or Malaysia
As today is the Lord's Day do visit www.chick.com
No result.
1
Koon Yew Yin's Blog
3
Koon Yew Yin's Blog
4
6
7
#
Stock
Score
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock
Time
Signal
Duration
Stock
Time
Signal
Duration
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
GTMS
560 posts
Posted by GTMS > 2019-06-14 13:28 | Report Abuse
again kanasai analysis