Posted by s466466 > 2013-07-25 09:09 | Report Abuse

wat is the target price?

Posted by Muarmali > 2013-07-25 09:10 | Report Abuse

Q at 0.325.

Posted by Muarmali > 2013-07-25 09:10 | Report Abuse

SELL :))

Posted by Muarmali > 2013-07-25 09:32 | Report Abuse

Firing slow down. Oiler stuck?

Posted by datuk > 2013-07-25 09:35 | Report Abuse

sold kinsteel.....and lock in profit ....will swift to mieco...

Posted by Muarmali > 2013-07-25 09:38 | Report Abuse

YES! All done at 0.325! Thank you! Chao.

Posted by s466466 > 2013-07-25 09:50 | Report Abuse

still can buy?

Posted by datuk > 2013-07-25 09:54 | Report Abuse

I sold my stake .....and making approx. 20% margin within 2 weeks....I think you could buy for the long term as the steel sector will be performed much better in Qtr 4...

Posted by Josf Low > 2013-07-25 10:12 | Report Abuse

s466466..if short-term don't go in. If for long-term, u can buy at cheaper now. Pls look for the chart, the price are much cheaper for compare to Jun 2013.

short-term: not worth bcos currently is high speculative volume

long-term: worth to go in bcos they have exclusive right on 500.0 acres mining iron ore at Kuala Lipis. It need time for generate profit.

Posted by Melaos > 2013-07-25 12:35 | Report Abuse

Wow. This counter is still on tongkat Ali!

Posted by BBB79 > 2013-07-25 12:37 | Report Abuse

go go go...

Posted by Melaos > 2013-07-25 12:50 | Report Abuse

So meaning long term we expect it to go much much higher? Than 10/20% gain? But wouldn't the price dropped sharply after all these speculation stop?

Posted by BBB79 > 2013-07-25 12:54 | Report Abuse

waht you worry is right...

Posted by s466466 > 2013-07-25 14:21 | Report Abuse

ok

Posted by Eric Tee > 2013-07-25 14:23 | Report Abuse

mee goreng sedap

Posted by Poh Jie Ai > 2013-07-25 14:29 | Report Abuse

now 0.350 .。can up lagi？

Posted by llah_11 > 2013-07-25 14:34 | Report Abuse

what the new TP?

Posted by BBB79 > 2013-07-25 15:04 | Report Abuse

yes, you are right...

Posted by BBB79 > 2013-07-25 15:25 | Report Abuse

haha, no pain no gain...

Posted by denture > 2013-07-25 21:25 | Report Abuse

Whatever it is. Back to fundamental. Don't chase.. at least not at this global scenario where the stock market is extremely sensitive to data

Posted by alexisvics > 2013-07-25 21:50 | Report Abuse

Hit and run, got money,put in pocket first. If drops,jump in again.This is how I make few K within two days. Denture's advice is right, don't chase high.

Posted by BBB79 > 2013-07-25 22:46 | Report Abuse

alexisvics , sure is a big shark, can earn within 2 days, welldone...

Posted by alexisvics > 2013-07-26 08:02 | Report Abuse

BBB79, im just a lucky ikan bilis only.Hope the mine includes gold and not only iron then all kinstel holders become rich..hahah

Posted by BBB79 > 2013-07-26 08:08 | Report Abuse

alexisvics, must include the diamond so, now gold price drop many...after earn kinstel then can take 2 months leave to enjoy lo...

Posted by chengyee > 2013-07-26 08:12 | Report Abuse

Ya, maybe got dinosaur eggs & fosil, watch out.

Posted by skyland > 2013-07-26 08:13 | Report Abuse

need to break 0.36...then tp shall be 0.43

Posted by alexisvics > 2013-07-26 08:29 | Report Abuse

0.36 is tough bcos long raya holidays coming soon. Many may not commit. Perhaps after raya and company announce what are the minerals involve.

Posted by Pita Mittis > 2013-07-26 13:17 | Report Abuse

I think got gold. My friend work with jabatan mineral n geosciene tell got something very important mineral found in pahang last few year but still keep as secret until now.

Posted by BBB79 > 2013-07-26 13:26 | Report Abuse

wao, then kinstel is a real gold mine lo...

Posted by anbz > 2013-07-26 15:45 | Report Abuse

because the info is classified and still pending, i can't give u much but take a look at the current project : medical facilities in the Middle East , that's obermeyer's big project
1st link: http://www.novabim.com/ ...that's nova taiwan...70% owned by novamsc and 30% by taiwan people
2nd link: http://www.opb.de/index.php?id=160&L=0class%3Dl and this is OBERMEYER Corporate Group web
----------
notice the Al Ain Hospital,
Abu Dhabi picture with the picture in novabim web ...just compare :)
--------
that's all for now! :)

kasi besar gambar
http://www.opb.de/uploads/tx_opbprojektblaetter/6883_0_AL_Ain_Hospital__Abu_Dhabi_dt.pdf
-----------
buy2 novamsc...privitisation by OBERMEYER Corporate Group of German

Posted by anbz > 2013-07-27 07:43 | Report Abuse

novamsc TP 60 cents

Posted by Affandy > 2013-07-27 13:33 | Report Abuse

STAR today, "Last Tuesday, Kinsteel Bhd secured d latest xclusive rights to mine iron ore n others minerals on 500 Acres at Kuala Lipis"........

Posted by Pita Mittis > 2013-07-27 22:03 | Report Abuse

At last we will see the rising sun.

Posted by alexisvics > 2013-07-28 10:48 | Report Abuse

Contra player must watch out. T4 coming. No holding power should avoid.Raya holiday coming.

Posted by ShinRenNeo > 2013-07-28 18:11 | Report Abuse

I just bought some on friday...planning to hold. Any good news guys? Rising sun?

Posted by skyland > 2013-07-28 18:13 | Report Abuse

tomorrow might gap up due to ceo come out to gv assurance on bond payment

Posted by Melaos > 2013-07-28 23:30 | Report Abuse

Perwaja Holdings Bhd and KINSTEEL BHD [] plan to pay off all their maturing bonds with bank financing, said the company’s CEO Datuk Henry Pheng in an interview with theedgemalaysia.com.

“We are finalising a new facility with a foreign bank in Malaysia.

“This facility is enough to cover current bond and future bond payments, as well as for our working capital needed for Perwaja’s concentration and pelleting plant. It’ll be substantial and enough to cover all. There will be no question of default in payment,” said Pheng.

Perwaja Steel Sdn Bhd, a subsidiary of Perwaja, has to meet a RM50 million repayment on September 25 on its RM110.0 million outstanding Murabahah Medium Term Notes (MMTN).

And the market is doubting whether Perwaja could fulfil its immediate debt obligations after its parent company, Kinsteel Bhd, missed a July 6 deadline to increase its FRSA reserve service account by RM5 million.

On July 15, MARC also placed two of Kinsteel’s debt papers on MARC Watch Negative.

The steel miller has a RM100 million Murabahah Commercial Papers/Medium Term Notes (CP/MTN) programme and RM100 million Murabahah medium term notes (MTN) programme.

On July 18, shares of Kinsteel plunged to all-time low of 26 sen following a “sell” call by MIDF Research, which slashed Kinsteel’s target price to 26 sen from 41 sen per share. But Kinsteel shares recouped their losses after the company announced early this week it has secured mining rights in Pahang.

Apart from talking about debts of Kinsteel and Perwaja, Henry Pheng and his father Tan Sri Pheng Yin Huah also spoke to the Edge about their plans to turn around Perwaja. They also revealed future strategic plans for Kinsteel and its earnings outlook. All doubts raised by the market were also answered.

The full interview and write-up will appear in the Edge Weekly tomorrow (July 27).

Posted by anbz > 2013-07-29 01:21 | Report Abuse

careful...the Edge frequently makes people on edge

Posted by Muarmali > 2013-07-29 10:32 | Report Abuse

Bursa asked good questions on the mining agreement. Apparently it is a greenfield and feasibility also not yet done.

Posted by spinninglotus > 2013-07-29 11:37 | Report Abuse

Only a matter of time. Now at fair value. Rerating catalyst once mining starts.

Posted by Melaos > 2013-07-29 15:21 | Report Abuse

So this range is their fair value? How did u calculated that? Just curious

Posted by Muarmali > 2013-07-29 16:20 | Report Abuse

The major shareholders know better the fair value. They started disposing some last week. To me, mining not attractive at all. If local mining is more competitive, why would Vale spent billions of ringgit to build iron ore jetty in Perak?

Posted by spinninglotus > 2013-07-29 18:43 | Report Abuse

I will buy and hold. Wait until 6 months later. Will soar 100%.

Posted by beastkot2010 > 2013-07-30 18:29 | Report Abuse

Buy arr sure rugi..follow the edge comment..

Posted by spinninglotus > 2013-07-30 19:31 | Report Abuse

I already read The Edge comment by a fund manager. However, I know fund managers always say the opposite because their intention is to cause panic, cause crash, induce retail investors, manipulate retail investors by using The Edge. That is why Anbz said The Edge always makes people on edge...

Posted by Melaos > 2013-07-30 19:44 | Report Abuse

ahh noted, thank guys for the sharing. then what would be a better source to read up news on the market besides i3i?

Posted by kucingmeow > 2013-07-30 22:14 | Report Abuse

I remember the edge said market likely up on Monday but :-(

Each time they say up, sure opposite and vice versa

Posted by anbz > 2013-07-31 01:03 | Report Abuse

hehehe hekhok hekhok hekhok ...the sound made buy a donkey with a long long ala ala lalong ...check it out bro

Posted by anbz > 2013-07-31 18:53 | Report Abuse

hehehe hekhok hekhok hekhok...the sound made by a very2 happy donkey going up to the sky seeking the stars and nova ...buyers 3,372,600 (6 cents) , sellers 481,000 (6.5cents) ...vroom2 vrooooooooooooooooooooooom hekhok hekhok hekhok

Posted by Melaos > 2013-07-31 20:50 | Report Abuse

i think need to see if .30 can hold. if not ... what do the other bros think?