Posted by OTB > 2021-06-13 10:46 |

Post removed.Why?

Posted by milosh > 2021-06-13 11:11 | Report Abuse

Thanks for the additional info, much appreciated.

Posted by milosh > 2021-06-13 11:44 | Report Abuse

btw. in this case PEG ratio can be even more interesting/informative, if we are expecting EPS will continue to grow... but the level of future growth is very speculative

Posted by shortinvestor77 > 2021-06-13 13:33 | Report Abuse

When China makes U-turn in dumping steel products to the world, investors will start to regret that leopard will never change its skin.

Posted by milosh > 2021-06-13 15:08 | Report Abuse

short: if that happens, but even if yes, impact is questionable as recovery and orders backlog will still play a significant role

Posted by BILLC > 2021-06-13 15:29 | Report Abuse

Why this times masteel not in the recommended list ??

Posted by milosh > 2021-06-13 15:38 | Report Abuse

billc: masteel EPS is low & growth very slow too compared to others in the sector:
EPS: 0.85 + 1.83 + 1.87 = 4.55 sen, if next QR EPS will increase to 3 sen, trailing EPS will be 7.55 sen X 8 (target P/E) = target price RM 0.6 ... I think its obvious.

Posted by milosh > 2021-06-13 15:53 | Report Abuse

billc: explanation of EPS and P/E Ratio: https://miloshtrading.blogspot.com/2021/06/understanding-basics-profit-margin-eps.html

Posted by qqq3333 > 2021-06-13 15:59 | Report Abuse

u can buy steel stocks as long as u are aware these are cyclical stocks.

Posted by qqq33333333 > 2021-06-13 16:01 | Report Abuse

but nothing else to buy meh? u know when steel prices will come down meh? what is the demand curve in Malaysia

Posted by qqq33333333 > 2021-06-13 16:02 | Report Abuse

cost driven not demand driven.... how much can these companies benefit?

Posted by qqq33333333 > 2021-06-13 16:03 | Report Abuse

counter cyclical investors will sell to u..... hahaha

Posted by qqq33333333 > 2021-06-13 16:05 | Report Abuse

why can't people just buy companies that are growing and in good industries? why buy so many steel counters?

Posted by qqq33333333 > 2021-06-13 16:08 | Report Abuse

so u consider steel as low risk high reward shares meh?

Posted by qqq33333333 > 2021-06-13 16:09 | Report Abuse

maybe u get the risk part wrong.... haha

Posted by qqq33333333 > 2021-06-13 16:12 | Report Abuse

other people money very easy... own money not so easy

Posted by milosh > 2021-06-13 16:14 | Report Abuse

qqq: I just presented my opinion on fair valuations based on earnings, if you are interested in other stocks/sectors I wrote about many actually: http://miloshtrading.blogspot.com

Posted by qqq33333333 > 2021-06-13 16:32 | Report Abuse

Milo's I not criticising u.... I just write about the situation

Posted by qqq33333333 > 2021-06-13 16:34 | Report Abuse

for a long time people also look at Serba as low PE low risk high reward shares.... but turn out to be a mistake

Posted by milosh > 2021-06-13 16:36 | Report Abuse

qqq: I always welcome any opinion

Posted by OTB > 2021-06-14 08:45 | Report Abuse

Posted by Sslee > Jun 13, 2021 6:26 PM | Report Abuse

U.S. President Joe Biden and other G7 leaders hope their plan, known as the Build Back Better World (B3W) initiative, will provide a transparent infrastructure partnership to help narrow the $40 trillion needed by developing nations by 2035, the White House said.

So all building material price will increase so are many commodities price due to every country printing more money.

Posted by Tiger66 > 2021-06-14 09:06 | Report Abuse

Next QR will be very bad due to MCO , better sell

Posted by milosh > 2021-06-14 09:15 | Report Abuse

tiger: don't think so

Posted by milosh > 2021-06-14 10:26 | Report Abuse

note LBALUM is doing well too

Posted by milosh > 2021-06-14 19:08 | Report Abuse

the best yet to come