MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.33

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.33

Trading Volume

776,000


18 people like this.

14,813 comment(s). Last comment by rizal2020 2 days ago

titus

4,159 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

fansee

3 posts

Posted by fansee > 2018-01-19 13:55 | Report Abuse

29th of jan, bonus issue will be confirmed on the egm. haha

tkk1127

255 posts

Posted by tkk1127 > 2018-01-19 15:36 | Report Abuse

i top up at 1.6 again. it reach the price after good quarter result announced in Nov. buy before too late.

STC1136

977 posts

Posted by STC1136 > 2018-01-19 15:36 | Report Abuse

China Rebar today price strongly rebound up from CNY50 to CNY120 per ton. some area selling CNY4,800 per tons, crazy price.....

CNY4,800 = RM2,962 + imposed tax RM350 + transport 200

Need import from china need pay RM3,512

Current malaysia Rebar RM2,700, price difference RM800++

No more chance import from china import, suppose malaysia can now do export to china now!!!!

STC1136

977 posts

Posted by STC1136 > 2018-01-19 15:40 | Report Abuse

1月19日,德胜昆明对建筑钢材(3926, 83.00, 2.16%)出厂价格进行调整如下:

  1、螺纹钢上调50元/吨,现Φ12-14mm HRB400E执行价格为4660元/吨,Φ16mm HRB400E执行价格为4500元/吨,Φ18-25mm HRB400E执行价格为4480元/吨,Φ28mm HRB400E执行价格为4580元/吨,Φ32mm HRB400E执行价格为4630元/吨;

  2、盘螺上调100元/吨,现Φ8-10mm HRB400执行价格为4700元/吨,Φ6mm HRB400执行价格为4900元/吨;

  3、高线上调100元/吨,现Φ6.5-10mm HPB300高线执行价格为4620元/吨。

  以上调整均为含税,自2018年1月19日起执行。

STC1136

977 posts

Posted by STC1136 > 2018-01-19 15:41 | Report Abuse

1月19日,玉溪仙福对建筑钢材(3926, 83.00, 2.16%)出厂价格进行调整如下:

  1、高线上调100元/吨,现Φ8-10mm HPB300执行价格为4760元/吨,Φ6.5mm HPB300执行价格为4790元/吨;

  2、盘螺上调100元/吨,现Φ6mm HRB400执行价格为5060元/吨,Φ8-10mm HRB400执行价格为4810元/吨;

  3、螺纹钢上调50元/吨,现Φ12-14mm HRB400E执行价格为4920元/吨,Φ18-25mm HRB400E执行价格为4720元/吨,Φ28mm HRB400E执行价格为4790元/吨,Φ32mm HRB400E执行价格为4870元/吨;

  以上调整均为含税,自2018年1月19日起执行。

Posted by Fergus Chong > 2018-01-19 15:46 | Report Abuse

Oh yeah! Annjoo drop until 3.45 now. Masteel 1.600 ! Next week rebound?

tianwang

176 posts

Posted by tianwang > 2018-01-19 16:40 | Report Abuse

rebound now..

tkk1127

255 posts

Posted by tkk1127 > 2018-01-19 16:53 | Report Abuse

dont no, just buy before too late.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-19 17:38 | Report Abuse

bought 1.60 x 55 lots morning, 1.63 x 60 lots afternoon and accumulate more later

mjlee

449 posts

Posted by mjlee > 2018-01-19 20:28 |

Post removed.Why?

Force

1,418 posts

Posted by Force > 2018-01-20 09:00 | Report Abuse

Don't in so fast wait till big drop

calvintaneng

56,242 posts

Posted by calvintaneng > 2018-01-20 13:38 |

Post removed.Why?

calvintaneng

56,242 posts

Posted by calvintaneng > 2018-01-20 13:57 | Report Abuse

For cyclicals like steel & other materials

You must buy when P/E are high and prices are sold down with no visible earnings.

And then you must sell when P/E is low when Earnings are all in vogue.

https://www.gurufocus.com/news/146029/should-we-buy-low-pe-cyclical-business

calvintaneng

56,242 posts

Posted by calvintaneng > 2018-01-20 13:59 | Report Abuse

For Opcom Budget Speech of 2018 already announced a Rm1 Billions for HSBB (High Speed Broad Band) expansion to East Malaysia

calvintaneng

56,242 posts

Posted by calvintaneng > 2018-01-20 14:01 | Report Abuse

Yes!

Fiber Optic cables from Opcom will sweep into every nook & corner of Sabah & Sarawak soon

calvintaneng

56,242 posts

Posted by calvintaneng > 2018-01-20 14:03 | Report Abuse

Ok, good

mjlee

449 posts

Posted by mjlee > 2018-01-21 09:46 |

Post removed.Why?

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-01-21 10:23 | Report Abuse

If you bought at 66c and sold at 70c. You are still a joke. Its about % of profit. Dato Calvin

aslm

379 posts

Posted by aslm > 2018-01-21 12:38 | Report Abuse

mjlee please sell down. i am waiting to buy your share. really wonder what is your motive to tell everyone that you want sell?

aslm

379 posts

Posted by aslm > 2018-01-21 12:39 | Report Abuse

you thought you can cause selling pressure so that you can buy cheap later?

mjlee

449 posts

Posted by mjlee > 2018-01-21 21:24 |

Post removed.Why?

mjlee

449 posts

Posted by mjlee > 2018-01-21 21:24 |

Post removed.Why?

mjlee

449 posts

Posted by mjlee > 2018-01-21 21:35 |

Post removed.Why?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-21 22:23 | Report Abuse

@GG_Liang, since Calvin have thoughts on opcom what about ur picks for 2018?

Condemn people opinion auntie also can do.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-21 22:24 | Report Abuse

@GG_Liang, since Calvin have thoughts on opcom what about ur picks for 2018?

Condemn people opinion auntie also can do.

Tom

2,984 posts

Posted by Tom > 2018-01-21 23:42 | Report Abuse

所以说假如 sohai calvintaneng 想推销opcom,lancom 或者 cibacom....它可以滚到 opcom 讨论区....为什么他非来这里呢?

Posted by SuperPanda > Jan 21, 2018 10:24 PM | Report Abuse

@GG_Liang, since Calvin have thoughts on opcom what about ur picks for 2018?

Condemn people opinion auntie also can do.

Force

1,418 posts

Posted by Force > 2018-01-22 07:03 | Report Abuse

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...

titus

4,159 posts

Posted by titus > 2018-01-22 09:18 | Report Abuse

one more week to the egm.....exactly next monday is the meeting loh.

aslm

379 posts

Posted by aslm > 2018-01-22 10:19 | Report Abuse

china rebar price is strongly rebounded recently..

titus

4,159 posts

Posted by titus > 2018-01-22 10:21 | Report Abuse

mind to share what the china rebar price vs local?

titus

4,159 posts

Posted by titus > 2018-01-22 11:02 | Report Abuse

I have done buying masteel now. I really dun dare to add more. So pls dun give me more discount and seduce me....

Posted by Plastic789 > 2018-01-22 11:08 | Report Abuse

any SIFU has anything to comment on this article:
http://klse.i3investor.com/blogs/koonyewyinblog/144968.jsp

##
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.

Good luck to all you readers.
##

Posted by onlyinvestment > 2018-01-22 11:24 | Report Abuse

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.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-22 12:12 | Report Abuse

oversupply properties for high rise and 300K above only

Ooi Teik Bee

11,481 posts

Posted by Ooi Teik Bee > 2018-01-22 13:12 | Report Abuse

I still recommend buy and hold for Masteel.
First target price is still 1.94.
Final decision to buy is always yours.
Tq. Ooi

aslm

379 posts

Posted by aslm > 2018-01-22 13:20 | Report Abuse

thank you Mr. OTB. i believe Q4 result will be better than Q3 due to better average selling price, lower scrap cost and delivery to MRT2 projects

Posted by Whatdoesyhefoxsay > 2018-01-22 13:44 | Report Abuse

Walao, old fox posted this on blog today you know what liao la haha, all in!!!!!!

titus

4,159 posts

Posted by titus > 2018-01-22 13:48 | Report Abuse

who is old fox???

Tom

2,984 posts

Posted by Tom > 2018-01-22 14:21 | Report Abuse

kyy la, 多余的问题......

Posted by Fergus Chong > 2018-01-22 14:27 | Report Abuse

Tp 2.20?

Posted by Kentphang97 > 2018-01-22 14:29 | Report Abuse

Where that fox post oh ? Can't find it

Posted by Whatdoesthefoxsay > 2018-01-22 15:00 | Report Abuse

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

wingold

154 posts

Posted by wingold > 2018-01-22 15:06 | Report Abuse

exactly ^^^^^

Its your own money, do your own research first instead of listening to people with ulterior motives (their own).

Masteel undeniably has amazing TA/FA

yewyin33

315 posts

Posted by yewyin33 > 2018-01-22 15:28 | Report Abuse

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.

Koon Yew Yin

Force

1,418 posts

Posted by Force > 2018-01-22 15:30 | Report Abuse

Already move so much, you all think so easy meh... move to rm 2

Tom

2,984 posts

Posted by Tom > 2018-01-22 15:30 | Report Abuse

Kyy late payment, talk kok

Force

1,418 posts

Posted by Force > 2018-01-22 15:30 | Report Abuse

Sure will drop somemore... wait for drop la...

aslm

379 posts

Posted by aslm > 2018-01-22 15:34 | Report Abuse

Thank you Mr. Koon. We buy the shares on our own risks.
Just one question, out of big4 rebar manufacturers, why you only comment on this stock?

Tom

2,984 posts

Posted by Tom > 2018-01-22 15:36 | Report Abuse

Without otb, kyy is just a mental retared boy.....lol

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