Posted by spinninglotus > 2013-08-01 11:22 | Report Abuse

I buy and hold. And I ignore all the noise.

Posted by ganasai > 2013-08-01 14:46 | Report Abuse

more risky more reward. no free lunch in this world.

Posted by ganasai > 2013-08-01 16:24 | Report Abuse

risky stock, either buy on bottom (where is the bottom?) or start rebound. let's bet it can salt fish wake up.

Posted by oily gassy > 2013-08-01 20:15 | Report Abuse

Petronas has stopped Gas supply to Perwaja for default on some long outstanding payments.this might affect the stock price of both Perwaja and Kinsteel

Posted by anbz > 2013-08-02 14:45 | Report Abuse

disposal disposal disposal....hundreds of them ...wait for it to become thousands

Posted by pirate99 > 2013-08-02 14:47 | Report Abuse

err no spamming today arr ? :)

Posted by anbz > 2013-08-02 14:54 | Report Abuse

just pirating :)

Posted by pirate99 > 2013-08-02 14:55 | Report Abuse

hihihi.. :)

Posted by anbz > 2013-08-04 20:49 | Report Abuse

grr.....

Posted by BBB79 > 2013-08-05 06:47 | Report Abuse

last year didn't give dividend, when can give out dividend again...

Posted by spinninglotus > 2013-08-06 07:51 | Report Abuse

I buy buy buy then hold! 300% return in 1 year!

Posted by Muarmali > 2013-08-06 08:41 | Report Abuse

spinninglotus, major shareholders sell, sell, sell....you buy, buy, buy,.... nanti lotus seeds pun taklak ohh.. :)))

Posted by spinninglotus > 2013-08-06 08:55 | Report Abuse

Major bosses have invested so much money into this company, no way they are selling. But I know investors are seeing their selling price as reason to sell. But there is a missing link, so I buy buy buy... Good prospects.

Posted by anbz > 2013-08-06 11:22 | Report Abuse

if i'm not mistaken... the price of kinsteel was around 30 cents in 2005...then suddenly because of steel demand...it became RM 6.00... then split into 4? so fr RM 1.50 to now 29 cents!!! Yet if u based it on price in 2005...30/4 = RM0.075 ....that's the worth of 1 kinsteel share...mati

Posted by anbz > 2013-08-06 11:24 | Report Abuse

so the owners actually suda untunnnnnnnnnnng besar ma... kalau buang semua free tatak lugi lo

Posted by spinninglotus > 2013-08-06 12:16 | Report Abuse

Upside more than downside. Largest steel company in Malaysia. I will buy.

Posted by spinninglotus > 2013-08-06 15:58 | Report Abuse

300% return in 1 year! But of course must tolerate 20% downside...just buy and hold.

Posted by Muarmali > 2013-08-07 10:20 | Report Abuse

If the return is 300% a year, the shares price should be above RM1 now. Maybe they have found a new mining method by SPINNING out the iron ore. Interesting! :)))))

Posted by spinninglotus > 2013-08-07 10:50 | Report Abuse

300 % in 1 year, not 300% a year... Please do not get me wrong... English language issue?

Posted by Muarmali > 2013-08-07 11:57 | Report Abuse

Q at 29. :)))))

Posted by anbz > 2013-08-08 17:53 | Report Abuse

q at 20.5!!!...u get...good....didn't get...doesn't matter

Posted by spinninglotus > 2013-08-08 18:02 | Report Abuse

Q at 20.5???

Posted by anbz > 2013-08-09 01:30 | Report Abuse

why not ...it was 7.5 cents in 2005 which was 30 cents/4

Posted by anbz > 2013-08-10 07:47 | Report Abuse

and the dato' disposed again...as usual:
Disposed 06/08/2013
2,700,000

Posted by spinninglotus > 2013-08-11 12:37 | Report Abuse

Disposed to whom?Ever wondered? Who was the willing buyer?

Posted by spinninglotus > 2013-08-11 18:25 | Report Abuse

Kinstel was at 96.5cents (96.5/5=19.3 cents) at March 15,2006, same time in 2005 it was rm1.93 (38 cents), after that it went into full blown bull cycles until 2010. In 2005/2006, net asset per share was about rm1.50 plus, with leverage of debt 5x market capitalisation. EPS in 2005 was 21.3 cents per rm1 share. The rest I let you guys figure out...

Posted by anbz > 2013-08-12 17:43 | Report Abuse

to retailers like u and me...hehe,

Posted by anbz > 2013-08-12 17:54 | Report Abuse

until steel in great great demand like before...for now don't hope so much, may be 5 more years

Posted by spinninglotus > 2013-08-12 23:23 | Report Abuse

5 more years? That is when MRT and HSR are completely built. Finish no more big constructions. 5 more years will be the end of bull cycle in steel companies. You can visit kinstel 5 years later la.

Posted by Muarmali > 2013-08-13 10:20 | Report Abuse

Don't quarrel. I am q ing at 305. Hopefully can offload it again today. :)

Posted by anbz > 2013-08-13 10:26 | Report Abuse

MRT and HSR are completely built??? u mean malaysia market??? haha...i mean world market like the rise of china as before...not mrt or lrt in small country like malaysia...steels company around the world are facing harsh future...and u're talking about mrt??? haha what a spinning words

Posted by Muarmali > 2013-08-13 10:50 | Report Abuse

Forgotten that I am still q ing at 305. :)))

Posted by spinninglotus > 2013-08-13 11:44 | Report Abuse

Steel companies in Malaysia indeed cater for Malaysian markets...

Posted by spinninglotus > 2013-08-13 11:48 | Report Abuse

China import of iron ore has surged 20% in July.

Posted by spinninglotus > 2013-08-13 11:49 | Report Abuse

Not to underestimate construction boom coming soon in America and Japan.

Posted by spinninglotus > 2013-08-13 11:50 | Report Abuse

ok la. anbz, I buy first, you buy 5 years later la... remember to collect at 7cents la.

Posted by anbz > 2013-08-14 09:46 | Report Abuse

whatever...i hope u'll make profit...may be takeover exercise by the tokey and his families ...if i'm them...i will command kinsteel to sell all their perwaja stock..then buy it back at very2 low price because great increase in perwaja liquidity ...then buy back perwaja under 10 cents...6 cents the best...so the extreme profit can be used to pay the debt easily...just one of way to solve the problem

Posted by anbz > 2013-08-14 09:50 | Report Abuse

but 1st they must have a good news on perwaja...because the volume is amazingly very little, and then they can attract punters and investors...what u call ...yeah a trap..for kinsteel sakes

Posted by spinninglotus > 2013-08-14 11:19 | Report Abuse

I agree with you. Perwaja is kinstel's hot potato.

Posted by Muarmali > 2013-08-14 16:45 | Report Abuse

Q ing 295.

Posted by bigFAT > 2013-08-17 00:39 | Report Abuse

i think what anbz said has been done by the directors since mid june but volume so little

Posted by Melaos > 2013-08-23 17:52 | Report Abuse

This counter keep dropping..

Will it soon test the pre jump level?

Posted by jasoonkhor > 2013-08-29 09:49 | Report Abuse

me buy in at 0.285
now very worry.....................

Posted by 125625wmx > 2013-08-30 11:19 | Report Abuse

don't worry...for long term invest

Posted by Pita Mittis > 2013-08-30 16:53 | Report Abuse

gogo kinstel

Posted by Melaos > 2013-08-30 16:53 | Report Abuse

Wow today suddenly have bullish movement.. Especially after some bad news this morning?

Posted by Pita Mittis > 2013-08-30 16:58 | Report Abuse

buy when bad news sell when good news

Posted by Melaos > 2013-08-30 23:05 | Report Abuse

Like. Haha

Posted by jasoonkhor > 2013-09-02 12:20 | Report Abuse

aiya got bad news out right? today very worry lor.......

Posted by Pita Mittis > 2013-09-02 12:31 | Report Abuse

Relexs bro my average 40c