MELEWAR INDUSTRIAL GROUP BHD

KLSE (MYR): MELEWAR (3778)

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Last Price

0.25

Today's Change

0.00 (0.00%)

Day's Change

0.245 - 0.25

Trading Volume

433,000


2 people like this.

2,269 comment(s). Last comment by SLLEE5732 1 month ago

utusminum

93 posts

Posted by utusminum > 2022-04-15 13:23 | Report Abuse

Wait for suspension later..

Can't disclose too much info

MunChunxX

198 posts

Posted by MunChunxX > 2022-04-15 13:36 | Report Abuse

wait wat?? privitization ??

MunChunxX

198 posts

Posted by MunChunxX > 2022-04-15 13:36 | Report Abuse

are u fking serious can anyone say something about it ?

vic_amat87

602 posts

Posted by vic_amat87 > 2022-04-15 14:12 | Report Abuse

I heard mycron offer at rm1. But i think all are rumors, to pump that stock

utusminum

93 posts

Posted by utusminum > 2022-04-18 08:41 | Report Abuse

Today will be a good day for Melewar.... Announcement will be in this week...

Limit up at anytime soon

KingKoil

117 posts

Posted by KingKoil > 2022-04-18 10:00 | Report Abuse

Accumulation

TheContrarian

8,386 posts

Posted by TheContrarian > 2022-04-18 10:07 | Report Abuse

Mycron pulling up Melewar.

Posted by BursaMaster121212 > 2022-04-18 10:18 | Report Abuse

should not chase Mycron since it up so much adi, should buy Melewar...it owns 75% of Mycron...and soon will follow Mycron limit up

TheContrarian

8,386 posts

Posted by TheContrarian > 2022-04-18 10:21 | Report Abuse

Melewar might privatize Mycron at RM1.

Posted by BursaMaster121212 > 2022-04-18 10:46 | Report Abuse

what i heard is close to its net asset value...so offer price is 1.4...

if lower than that, no one will accept

still got a lot of upside ...

TheContrarian

8,386 posts

Posted by TheContrarian > 2022-04-18 10:55 | Report Abuse

Then go buy Mycron.

utusminum

93 posts

Posted by utusminum > 2022-04-18 13:19 | Report Abuse

Subsi up a lot adi, go for both

mm310

436 posts

Posted by mm310 > 2022-04-19 23:08 | Report Abuse

the momentum still good, hope this week will rise to 0.5

RAbbit494

330 posts

Posted by RAbbit494 > 2022-04-20 00:50 | Report Abuse

peluang naik esok memang ada hanya melepasi 460 atau jatuh kembali merah atau bertahan 455 . apapun hold pasti akan lepasi 500 tak minggu ni minggu depan . merah beli hijau tunggu masanya terbang pasti akan tiba .
good luck

hanya berbicara di waktu lapang
maaf jika ada silap kata

KingKoil

117 posts

Posted by KingKoil > 2022-04-23 21:00 | Report Abuse

Commodities theme now.

Amzar007

35 posts

Posted by Amzar007 > 2022-04-28 17:19 | Report Abuse

I don't know what is wrong with this counter. Other steel counters are moving uptrend, but this counter are moving backwards.

TheContrarian

8,386 posts

Posted by TheContrarian > 2022-04-28 17:44 | Report Abuse

Melewar is a holding company steel counter. All its steel business is done via Mycron.

nono_hardi

226 posts

Posted by nono_hardi > 2022-05-13 14:39 | Report Abuse

=.= pray for you then

ket4212

586 posts

Posted by ket4212 > 2022-05-14 08:50 | Report Abuse

tuesday will gap up

Posted by Gold_Ticker > 2022-06-01 12:35 | Report Abuse

<Attention>: 0.340 cents; Resistance hover. Low bounce. | 20220531_093550

fairyz

302 posts

Posted by fairyz > 2022-06-16 10:58 | Report Abuse

It seems all gloom for steel counters?

Inflation hence less demand?


MST’s products are widely used in the construction, furniture, automotive, bicycle, and engineering industries.

thesteward

6,741 posts

Posted by thesteward > 2022-06-27 12:16 | Report Abuse

If can break 31 then could fly

imvu

7,888 posts

Posted by imvu > 2022-10-05 05:41 | Report Abuse

0.240 / -wb 0.045 masih dalam area kutip kutip , apa lagi kutip kutip sampai billionaire !

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-11-21 15:06 | Report Abuse

masteel flying, come on melewar your turn!!!

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-11-21 15:10 | Report Abuse

ok warrant got fly good enough :)

Tiger I

313 posts

Posted by Tiger I > 2022-11-21 16:43 | Report Abuse

Somebody start accumulating

Tiger I

313 posts

Posted by Tiger I > 2022-11-23 16:07 | Report Abuse

come on start the engine

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-12-27 10:14 | Report Abuse

broom broom

hoot9e996

1,813 posts

Posted by hoot9e996 > 2022-12-27 10:26 | Report Abuse

engine warming up..........
soon go BROOOOM
lets hope not BOOM down haha

Posted by AlexChiaWS > 2023-01-13 11:06 | Report Abuse

Steel rebar futures rose past CNY 4,060 per tonne in January, the highest since late August, supported by expectations of higher demand and signs of tight supply. Iron ore costs in China jumped as cargo surveyors flagged a sharp decrease in shipment volumes from major producer Brazil, leaving blast furnaces scrapping for the steel-making ingredient.

"article from Trading Economics"

Trade at your own risk.

Superb99

6,562 posts

Posted by Superb99 > 2023-02-13 12:09 | Report Abuse

So good prospects, why price keeps dropping, Mr Alex?

Posted by AlexChiaWS > 2023-02-15 12:52 | Report Abuse

Steel rebar futures are trading around CNY 4,006 per tonne (yesterday price) , down from the six-month high of CNY 4,180 touched on January 30th after a survey of post-Lunar New Year inventories of steel products in China showed a significant increase.

"article from Trading Economics"

Trade at your own risk.

TCH1186

888 posts

Posted by TCH1186 > 2023-03-07 09:46 | Report Abuse

this will go higher in a month. hold your portfolio!

TCH1186

888 posts

Posted by TCH1186 > 2023-03-07 11:29 | Report Abuse

me no joke liao. heh heh

Posted by AlexChiaWS > 2023-03-15 15:05 | Report Abuse

The tailwinds is pointing to a good direction for steel related counters.
Last QR (Sept to Dec), the steel was priced at:
Sept CNY 4000
Nov CNY 3500 (dropped)
Dec. CNY 3900 (recovering)
Basically all steel related company QR was bad.

Jan'03 CNY 4100
Feb CNY 4200
as of 14 Mar CNY 4339
Practically, next QR forecast should be better.

Trade at your own risk

Posted by AlexChiaWS > 2023-03-15 15:06 | Report Abuse

Prices for iron ore cargoes with a 63.5% iron ore content for delivery in Tianjin were near $130 per tonne, approaching the eight-month high of $133 touched on February 21st as investors remain optimistic about Chinese demand this year.

Steel rebar futures rose above CNY 4,300 per tonne in March, the highest in eight months, on optimism of higher demand from China as the country enters peak construction season and is set to announce more fiscal support. The Chinese government announced a 5% growth target for this year during its National People’s Congress session, paving the way for more stimulus for infrastructure. Meanwhile, supply remained tight as major steel production hub Tangshan was forced to extend its production halt in response to heavy pollution. Also, steel mills were forced to make higher bids for iron ore since adverse weather in top iron ore producers Australia and Brazil limited shipments.


"article from Trading Economics"

Trade at your own risk.

TCH1186

888 posts

Posted by TCH1186 > 2023-03-31 09:14 | Report Abuse

heh heh

anisayob

292 posts

Posted by anisayob > 2023-03-31 13:01 | Report Abuse

Trend besi sdh mau start blk ke?

i4value

78 posts

Posted by i4value > 2023-06-03 08:28 |

Post removed.Why?

Dehcomic01

288 posts

Posted by Dehcomic01 > 2023-07-18 12:18 | Report Abuse

Melewar has cold rolling and steel pipe segments. For cold rolling its main competitor is CSC Steel which has a better track record. https://focusmalaysia.my/csc-steel-when-you-have-a-good-horse-the-jockey-is-not-critical/.

haziqaz

158 posts

Posted by haziqaz > 2023-09-12 11:15 | Report Abuse

Mafia Korporat Kenneth Vun dalang di belakang jutawan Jerman Andreas Heeschen desak EGM pecat Tunku Yaacob Khyra & lembaga pengarah KNM Group

https://thecorporate-secrets.com/blog/2023/09/11/mafia-korporat-kenneth-vun-dalang-di-belakang-jutawan-jerman-andreas-heeschen-desak-egm-pecat-tunku-yaacob-khyra-lembaga-pengarah-knm-group/

haziqaz

158 posts

Posted by haziqaz > 2023-10-07 10:09 | Report Abuse

Mafia Korporat Dato’ Sri Alex Teh dalang baharu rampas KNM Group terbongkar

Siapa Dato’ Sri Alex Teh Chee Teong? Apakah Alex Teh ada kaitan dengan Mafia korporat Victor Chin Boon Long yang kecoh diburu polis baru-baru ini? Mengapa Kumpulan pemanipulasi saham mafia korporat sangat berminat dengan KNM? Mengapa syarikat seperti SMtrack Bhd, , CN Asia Bhd, Jaikun International Bhd, Key Alliance Bhd (milik Kenneth Vun) terlibat cubaan mengambil alih ini?. Sejauhmana kepandaian Alex Teh Chee Teong ini? Ini maklumatnya

https://www.thecorporate-secret.com/blog/2023/10/06/mafia-korporat-dato-sri-alex-teh-dalang-baharu-rampas-knm-group-terbongkar/

Tibbers

554 posts

Posted by Tibbers > 2023-11-15 10:53 | Report Abuse

melewar 46sen coming?

stncws

10,217 posts

Posted by stncws > 2023-11-15 14:16 | Report Abuse

ssteel, lion,masteel.....coming..melewar 4c up

stncws

10,217 posts

Posted by stncws > 2023-11-15 14:16 | Report Abuse

ssteel, lion,masteel.....coming..melewar 4c up

investopology

1,910 posts

Posted by investopology > 2 months ago | Report Abuse

Steel counter is the next theme to goreng.
Upcoming Construction Tender Jobs that have been delayed for awarding and expected to be announced, inclusive of existing contracts...
- MRT3
- LRT
- ECRL
- Penang Mega Infra
- Subang Airport
- Mega Flood Projects
- Johor Catalyst, RTS & HSR
- Pan Borneo
- Indonesia new capital in Nusantara, Kalimantan

investopology

1,910 posts

Posted by investopology > 2 months ago | Report Abuse

As mentioned at previous post, steel counter Mari Mari home!

investopology

1,910 posts

Posted by investopology > 1 month ago | Report Abuse

钢铁领域 – 本地1月行情

如无意外,在大选即将来临之际,政府将陆续在Q4推动多项庞大的基建发展工程。这些大型项目包括:
> 东海岸铁路ECRL - RM55b
> 马新高铁 HSR – RM50-60b
> 捷运2号线MRT2 – RM32b
> 泛婆罗洲大道Pan Borneo Highway – RM16b
> 轻快铁3号线 LRT3 – RM9b
> 金马士- 新山电动双轨火车 – RM8b
> 大型城镇发展计划,如敦拉萨国际贸易中心TRX、KL118和其他项目

根据统计,上市建筑承包商在去年获得RM56b的合约,但是今年至今却只获RM15b。随着以上项目即将陆续开跑,投行预计今年底可达RM40b。

目前,大马最大型的ECRL项目在关丹Gebeng已经开始动工,由中国公司一手承包。Gebeng工业区已经建设一家非常庞大的中马合资钢铁厂Alliance Steel,主要用于应付ECRL的钢铁需求。由于ECRL项目非常大型,本专页相信本地钢铁厂也会受惠其中。

以上的大型项目将进一步推高钢铁建材的需求,如钢铁、水泥和铝。根据观察,虽然钢筋价格在近几个月走高,但是钢铁需求却未跟上。个人认为之前的上涨主要归功于中国减产、环保以及安检的措施。

值得一提,中国8月钢铁产量按年增长8.7%,创下历史新高。若钢铁价格要维持在高位,产能过剩的问题必须要解决,或者钢铁需求进一步增长。中国长钢期货在近期连续多天下滑,从每吨4,050元左右跌至目前的每吨3,900元。然而,这一现象并未影响大马的长钢价格。

根据资料,截至9/21,16-32cm 长钢价格如下:
> Chuan Huat (Ann Joo Steel) - 每吨RM2,615
> Southern Steel – 每吨RM2,650
> Amsteel (Lion Industries) – 每吨RM2,620

由于Annjoo的生产成本最低,它有能力以更低的价位争夺市场份额。然而,今天的平均长钢销售价已下滑至每吨RM2,550左右。本专页认为本地的长钢行情依然还在。一旦这些基建项目正式推出后,钢铁股未来的业绩将更出色。

中国方面,政府在前天召集区域内钢铁企业开会。会议上确定各钢厂高炉限产50%,执行日期为今年10月至明年3月。因此,钢铁价格接下来预计可继续维持在高位。

另一方面,中国一带一路建设项目可能导致钢铁需求增加高达150m吨,其中80%将用于建筑结构和钢筋混凝土。这计划历时10年,相当于每年增加15m吨钢铁需求,也就是说一带一路国家的钢铁需求会增长3-4%。

值得一提,在一带一路沿线的68个国家中,只有10个国家为钢铁净出口国,其余国家均在某种程度上依赖钢铁进口,其中超过20个国家根本没有任何炼钢产能。那么,你们认为大马四大长钢Annjoo、Ssteel、Masteel和Lionind会受益吗?

Mycron and melewar also benefits!

纯属分享!

stncws

10,217 posts

Posted by stncws > 1 month ago | Report Abuse

shd break 30c....steel soon uptrend

SLLEE5732

266 posts

Posted by SLLEE5732 > 1 month ago | Report Abuse

Steel sectors will spike up next as big projects moves on

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