Posted by uzairbhatti0157 > 2018-01-30 17:00 | Report Abuse

closed 1.65

Posted by hng33 > 2018-01-30 17:14 | Report Abuse

:D)

Posted by Bren21 > 2018-01-30 17:23 | Report Abuse

hng33 ...long time no chat....whats your take on this counter...Target ? By when ?

Posted by GG_Liang > 2018-01-30 19:18 | Report Abuse

呵呵

Posted by SuperPanda > 2018-01-30 20:55 | Report Abuse

Will touch below 1.60. More panic sell next week.

Posted by SuperPanda > 2018-01-30 20:55 | Report Abuse

Long term holder should not worry

Posted by JN88 > 2018-01-30 21:59 | Report Abuse

SuperPanda: you sold all ady Kar?

Posted by Poolpes > 2018-01-30 22:05 | Report Abuse

Hahaha, will touch 1.30 next week more panic sellers next month!

Posted by Poolpes > 2018-01-30 22:06 | Report Abuse

Why wait 1.50 when you can get 1.00, iliikikkkikikiikikiikikkkik

Posted by GG_Liang > 2018-01-30 22:26 | Report Abuse

Created a new ID to comment BS? Dont you even know the PP price? Dont waste time talking trash, you dont have any credibility. Buy now or you will miss the boat

Posted by Dartmaster > 2018-01-30 23:00 | Report Abuse

will maintain above 1.6 definitely. Need to make the private placement look like a cheap sale get it?

Posted by uzairbhatti0157 > 2018-01-31 00:52 | Report Abuse

Same ppl who were ramping masteel yesterday now talking against it ....

Posted by SuperPanda > 2018-01-31 10:37 | Report Abuse

JN88, i have 210 lots at 1.60. Plan to add 90 lots more if below 1.60. 300 lots after bonus = 400 lots.

Posted by SuperPanda > 2018-01-31 11:01 | Report Abuse

I never worry below 1.50. Bonus before CNY. After bonus price dilluted then rpt out 1 wk after. Earnings improve, more buying afterward.

Posted by Mohd Fahmi Bin Jaes > 2018-01-31 11:05 | Report Abuse

Down

Posted by JN88 > 2018-01-31 12:19 | Report Abuse

Hard to get 1.6 lo....time frame so closed to quarter report.

Posted by Fergus Chong > 2018-01-31 12:54 | Report Abuse

To Fahmi : UP

Posted by tehka > 2018-01-31 13:19 | Report Abuse

My sifu says this counter FA very good! Best of the best among all other steel stocks.

Posted by GG_Liang > 2018-01-31 15:11 | Report Abuse

Fahmi. Other than up .down. no. yes. What else do you know ?

Posted by HuatRex > 2018-01-31 15:42 | Report Abuse

The market sentiment very weak. Get ready to sapu at cheap price

Posted by JN88 > 2018-01-31 15:58 | Report Abuse

Market sentiment where got weak. Airasia up from 1.5 to 4.2 today.... Lol

Posted by SuperPanda > 2018-01-31 18:57 | Report Abuse

JN88, CNY sure downtrend. This week can clearly see. Only if support strong, certain stock will sustain, weak will bleed.

Masteel MA50 at 1.56. Current 1.65. another 10 cents @ 6% drop in 2 wks not impossible.

Posted by JN88 > 2018-01-31 19:30 | Report Abuse

Huat ar then......prepared more bullet hunting....

Posted by JN88 > 2018-01-31 19:38 | Report Abuse

Usually I will hunt during CNY, kakaka last year I hunting PADINI and AIRASIA...... This year I hunting Masteel first.

Posted by Huat1 > 2018-01-31 19:57 | Report Abuse

High probability win!

Posted by GG_Liang > 2018-01-31 21:33 | Report Abuse

呵呵

Posted by HuatRex > 2018-02-01 13:56 | Report Abuse

Get ready to buy cheap. I park at 1.50

Posted by wyc555wyc > 2018-02-01 15:18 | Report Abuse

Hi all, can let me to know ... if i buy on 02/02/18, can i get that Bonus issue>?

Posted by wyc555wyc > 2018-02-01 15:54 | Report Abuse

ok thx

Posted by SuperPanda > 2018-02-01 16:06 | Report Abuse

Latest publish Focus Msia rated Masteel book value per share 2.10 (Top 40 undervalue stock). But it also listed Mieco which i agree on paper but not agree on trading.

Mieco although good look on paper, after acquisition sister compny drop frm 1.20 to 0.67 recent.

Learnt something frm Mieco -> dont only look at FA/TA, but must know shareholder holdings. If key mgmt hve too much >40%, verly likely price movement drive by them.

Posted by JN88 > 2018-02-01 16:21 | Report Abuse

Bio Molecular Industries Sdn. Bhd. (BioM) was incorporated on 11th May 2005. It is a strategic partnership between Malaysia Steel Works (KL) Bhd. (Masteel) and Ion Beam Application (IBA) Molecular. The joint-venture partner for BioM is a worldwide leader in radiopharmaceuticals.

BioM is situated at Bandar Enstek, near Kuala Lumpur International Airport. Our facility is officially opened by Former Health Minister Dato’ Sri Liow Tiong Lai and H.E. Mr. Jean-Claude Marcourt, Vice President and Minister of the Economy, SMEs, Foreign Trade and New Technologies of the Walloon Government.

On 2 June 2010, Masteel had entered into a Subscription and Share Agreement with IBA Phama SA, a wholly-owned subsidiary of Ion Beam Application S. A. (“IBA”) and BioM. Masteel and IBA agreed to enter into a joint venture, wherein Masteel will reduce its shareholding in BioM to 45.34% and IBM shall hold 54.66% of the issued and paid-up share capital of BioM.

48.25%-Currently

__________________________________________________________________________

The associate company which manufactures radioisotopes for the imaging of cancer cells has seen rapid growth in revenue for the last 3 years.

Its radioisotopes manufacturing facility is located in Bandar Enstek, Negeri Sembilan. The main market for its radioisotopes are hospitals throughout Peninsular Malaysia.

The cyclotron at the radio pharmaceutical production facility is targetted to produce its record output of radioisotopes from 101,000 mCi in 2016 to 122,000 mCi in 2017 (21% higher) due to more hospitals installing Positron Emission Tomography - Computed Tomography (“PET-CT”) scanners throughout Central and Southern Peninsular Malaysia.
__________________________________________________________________________

Revenue from IBM - will break and over RM4000 million this year.

Posted by JN88 > 2018-02-01 16:26 | Report Abuse

Superpanda;

ECONBHD key holder more than 50%....see now what happen?

ECONBHD up from 500million market capital company to 1650 million now.

The director of Masteel should be smart to be thousand millionaire instead of hundred millionaire.
___________________________________________________________________________

Posted by JN88 > 2018-02-01 16:33 | Report Abuse

Very sad to see this forum due to want to buy cheap and give negative comment without giving true figure.

Quality of holder in a company very important in movement of share price for a stock.

Let time to do the work and flash out the weak holder.

Posted by STC1136 > 2018-02-01 17:57 | Report Abuse

Great to see u here JN88, famous invester in AA forum, also interested in steel counter?

I am no longer holding AA share since June 2017. Glad to see u earn big in AA from 3.1 to 4.20.

Hope you can bring us luck after you join.

Posted by JN88 > 2018-02-01 19:38 | Report Abuse

STC1136: Great to see you here......MEGA project coming soon.... Every time I pass through the TRX still empty now..... I cant Imaging the next 5 years the look of Big KL.....

China Production Cut and demand just like a double engine that rocket the steel counter..... If you think steel price is high then you may wrong.

Property sector will continue grow soon, people who goreng property few year ago will finally sell their property to young generation.

>10 million of population expected will keep increasing next 5 years.

Steel demand more than supply.

I hope the boss will continue doing the great job like Tony Fernandes.

3 years ago Tony net worth 500 million today expecting > 2000million.

Similar to Masteel here.

Posted by SuperPanda > 2018-02-01 22:28 | Report Abuse

JN88, "very likely" means keen to but not always. If share have more float, would be better as key mgmt cannot simply overrule majority.

In Mieco case, it bought cmpny from SYF where key person hold the biggest share in both. Should be careful for case like this.

"Ng Ah Chai is Mieco’s group MD with a 56.77% stake in the company as at July 10. He is also SYF’s executive chairman and chief executive officer, with a 51.7% stake as at March 7 in SYF."

Posted by SuperPanda > 2018-02-01 22:52 | Report Abuse

One person have >50%.

Posted by JN88 > 2018-02-01 23:25 | Report Abuse

Tomorrow I will buy Mieco

Posted by SuperPanda > 2018-02-02 00:21 | Report Abuse

Of course many will buy. They already ate from 1.20 to 0.67. They will bring the price back to 1.20 in a year but that will be a challenge as next qtr would not as good as last qtr. Thailand had dump their board in local market coz price lower. Next earnings will be lesser.

Safer put money in masteel. Have better growth potential in earnings.

Posted by Dartmaster > 2018-02-02 10:32 | Report Abuse

Faster drop to 1.55

Posted by GG_Liang > 2018-02-02 10:33 | Report Abuse

wyc555wyc Hi all, can let me to know ... if i buy on 02/02/18, can i get that Bonus issue>?
========

Yes. The point is that you are holding the shares one day before the ex date

Posted by titus > 2018-02-02 11:19 | Report Abuse

no CNY rally.....disappointing

Posted by azman123 > 2018-02-02 12:43 | Report Abuse

yeah, disappointing.. bro doggie not powerful enough, or still hibernating

Posted by GG_Liang > 2018-02-02 13:09 | Report Abuse

呵呵

Posted by ksha > 2018-02-02 14:04 | Report Abuse

Alliance steel is starting production... Will it affect the steel industry especially masteel?

Posted by aslm > 2018-02-02 14:43 | Report Abuse

ksha.. please don't fry cold rice from overnight. If you have concern then dont buy. just simple.

Posted by aslm > 2018-02-02 14:51 | Report Abuse

https://klse.i3investor.com/blogs/zefftan/145218.jsp
https://klse.i3investor.com/blogs/rhinvest/145713.jsp

本地大型长钢厂产能

ANNJOO 65万吨产能 - 已知使用率 90% 以上

MASTEEL 65万吨产能 - 已知使用率 90% 以上

SSTEEL 165万吨产能 - 已知使用率 90% 以上

AMSTEEL + ANTARA 190万吨 （其中40万吨为 ANTARA 复产中产能）- 已知使用率 AMSTEEL KLANG 90% 以上, ANTARA 仅30%

未来可能竞争者 ALLIANCE 150万吨产能 - 2018年下半年投产 （政府的政策是以出口优先，预计不会倾销本地）

纵观以上论点，本地产能似乎足够满足本地市场需求。

Posted by GG_Liang > 2018-02-02 15:19 | Report Abuse

呵呵

Posted by SuperPanda > 2018-02-02 15:44 | Report Abuse

still have strong buy support, will stay above 1.6 today. good signal.

Posted by SuperPanda > 2018-02-02 15:45 | Report Abuse

Next week another challenge