Actually I feel masteel now already high... possible to break the next resistance is not easy... better find others counter... wait this counter drop many then in... watch and wait...
## I wish to take this opportunity to point out that sometimes a stock for example Malaysia Steel Works Bhd is showing good FA and TA but I cannot see that it has good profit growth prospect because the company produces steel bars for building constructions. The demand for steel bars will be less in the next few years because there is an oversupply of properties in every town and city in Malaysia.
Buy share which your confidence , if a lot thoughful then please don't buy the share , because eventhough give you opinion you still worry , you worry this one you worry that one , you worry somebody commend here said this share no good , however people talk , you will worry because you buy share without confidence. So please , for those who not confidence in this counter , please don't buy this counter . If you not a shareholder of this counter , please dont comment in this forum . If you're a shareholder but you start less confidence at this counter then just sell the share and left a message said you sold then is enough . Don't after sold still comment at this forum . You should pay more attention in the share which you still holding . Thanks . Only sharring , not offering. I looking earn some money not looking an argue . I welcome sharing but thank you for those who got bad motivation people sharing here.
Fox say no point buying means he wants to accumulate low and scare chicken little retailers ticket away; when he asks you buy only you start then you already holland-ing, old people are very smart don't play play
Remember Masteel manufactures steel bars for building construction. Just open your eyes you can see there is an oversupply of properties in every town and city in Malaysia. As a result, the demand for steel bars and other building materials will be less in the coming months and years. It will take many years for the all the unsold properties to be taken up.
The current accounts of Masteel look healthy because of the late payment from developers and contractors. It is like the few property companies which are now showing the good profit is because of the sales concluded in previous years.
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....
titus
4,181 posts
Posted by titus > 2018-01-19 13:43 | Report Abuse
i bought less than 15 lots.....some still not matched......hehe. I'm small timer oni.....riding on the goliath's shoulder like u all