MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.325

Today's Change

-0.005 (1.52%)

Day's Change

0.32 - 0.325

Trading Volume

718,000


18 people like this.

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

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-09 09:09 | Report Abuse

When a corporate exercise made, like bonus. Its subject to egm approval. Those whom condemn bonus should attend egm and vote. See if u r right than others.

If vote is >99%, means u r belong to 1% minority. So u still that u r better thinking than 99%??

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-09 09:17 | Report Abuse

Wow.. sale again. Bought more 1.53.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-09 09:53 | Report Abuse

Another prediction correct !

Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD

Feb 7, 2018 01:23 AM | Report Abuse

Trump said yes but Israeli behind say no, Israeli say push up back first let people happy later gives another big bomb 1k point drop.

Never trust Israel.

Posted by EveryoneCanTrade > 2018-02-09 10:31 | Report Abuse

sell all already cause afraid on bad news during weekend, and Monday u cannot sell all units, as those BONUS need wait few days.

aslm

379 posts

Posted by aslm > 2018-02-09 10:36 | Report Abuse

EveryoneCanTrade, Thanks for your tickets.

nytan27

2 posts

Posted by nytan27 > 2018-02-09 10:39 | Report Abuse

agreed, thank you short term traders. Hope everyone make their money according to the liking way.

KLCI King

3,220 posts

Posted by KLCI King > 2018-02-09 11:07 | Report Abuse

The clear winner among all steel makers is MASTEEL, it started from around RM1 in August 2017, after bonus issue of 1:5, the price is still at 1.55.

Obviously MASTEELis far better than Ann Joo & Ssteel where both are now traded almost the same price last August.

aslm

379 posts

Posted by aslm > 2018-02-09 11:11 | Report Abuse

Masteel is able to deliver impressive earning reports, while its inventories is highest per market capital as compared to other long steel manufacturers. I still think current price is undervalue on its future prospect, although I already bought as much as possible..

Posted by EngineeringProfit > 2018-02-09 11:12 | Report Abuse

Yes,King. It was painful when I decided to part with Masteel last month (for whatever justification)

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-02-09 12:43 | Report Abuse

呵呵

Force

1,418 posts

Posted by Force > 2018-02-09 12:59 | Report Abuse

Now bad market buy after bonus can get more cheap price

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-09 13:23 | Report Abuse

After bonus those buy many will save few hundred ringgits on fees.

Qtr rpt will few days after CNY. Afraid cannot get at this price per share value.

kmohan62

484 posts

Posted by kmohan62 > 2018-02-09 13:37 | Report Abuse

Bonus issued before the announcement of quarterly result goes the show the company is confident of good result...it may also want to declare dividend to reward the share holders thereafter...

paktua73

18,283 posts

Posted by paktua73 > 2018-02-09 14:15 | Report Abuse

hu hu old man.. got technical problems this morning,
canot access on the i3 forums..
tut tut

JN88

11,670 posts

Posted by JN88 > 2018-02-09 15:26 | Report Abuse

I call Trump later see how tonight. Yesterday he told me will down another 300 point.

kevin008

1,360 posts

Posted by kevin008 > 2018-02-09 15:28 | Report Abuse

faster make it 1.60 then monday ex price 1.20 leng leng haha

apolloang

18,163 posts

Posted by apolloang > 2018-02-09 15:59 | Report Abuse

what is trump phone number? I wanna go buy 4d....or u got melania's phone number? hehe

STC1136

977 posts

Posted by STC1136 > 2018-02-09 16:50 | Report Abuse

1.53 closing, next monday ex price 1.14 final.

STC1136

977 posts

Posted by STC1136 > 2018-02-09 16:54 | Report Abuse

1.14 is cheapest long steel counter, even cheaper than Lion.

JN88

11,670 posts

Posted by JN88 > 2018-02-09 18:13 | Report Abuse

Trump said another 1k point today. He told me Asian sohai, DJ purposely push up by fund manager last time to 26k, the simply shake a bit, all scare till Chua sai. Trump said he will collect steel as he going to spend trillion to improve infrastructure of US. He aim all steel company now.

Posted by Ahmad Razin Hj Yob > 2018-02-09 18:35 | Report Abuse

Dear My Valued Client,
*Technical Analyzer*
Date/日期 : 09/02/2018


*MASTEEL (5098)*
Price/现价 : 1.59
Target price/目标价: 1.74/1.83
Cut loss/止损价 : 1.44
**Syariah
Sector/领域: INDUSTRIAL


Source : RHB RESEARCH

JN88

11,670 posts

Posted by JN88 > 2018-02-09 18:54 | Report Abuse

Ahmad Razin Hj Yob : Next week after bonus issue cut loss??? bcoz next week will fall at 1.14 how??

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-02-09 19:08 | Report Abuse

Stupid research, stupid technical, teaching people to earn around 15 sen, and cut loss around 15 sen. Might as well go for sicbo taisai. I think most the genting dealer can be analysts then... Rhb research...lol

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-09 21:57 | Report Abuse

EX-date 12 Feb 2018
Entitlement date 14 Feb 2018
Entitlement time 05:00 PM
Entitlement description:
Bonus Issue of up to 106,810,281 new ordinary shares in Malaysia Steel Works (KL) Bhd ("Masteel") ("Bonus Share(s)") on the basis of 1 Bonus Share for every 3 existing ordinary shares held in Masteel at 5.00 p.m. on 14 February 2018

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-09 21:58 | Report Abuse

Mon still can buy to earn bonus until closing. Bonus to be credited on 14th.

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-02-09 22:10 | Report Abuse

Is it?

Tom

2,984 posts

Posted by Tom > 2018-02-09 22:11 | Report Abuse

superpanda,星期一是除权日,怎么可能会有bonus呢,在星期一买的人不会得到bonus shares

madguy

674 posts

Posted by madguy > 2018-02-09 23:34 | Report Abuse

so whats the price on monday after the ex date ~~ 1.14 or 1.02 ??

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-02-10 00:40 | Report Abuse

Just went through a -1000 -500 -1000 difficulty during this week. Must be exhausted. I suggest you guys to rest and get ready for the battle next week.. Happy week end.. Dont quarrel and be happy

stlf

170 posts

Posted by stlf > 2018-02-10 08:31 | Report Abuse

Super panda : you sure Monday still can buy for bonus??????Monday is ex date oledi bro

Posted by Derriere > 2018-02-10 08:57 | Report Abuse

Shytt, I missed out the bonus date thought Monday was the last day to buy in

JN88

11,670 posts

Posted by JN88 > 2018-02-10 16:15 | Report Abuse

Trump call me..... He said will shoot the DJ to 30k point next month during CNY.

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-02-10 17:18 | Report Abuse

别傻了。特狼普也控制不了dow jones. He was the one that kept bragging about the index. Then suddenly dropped more than 10% in 5 days

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-02-10 17:34 | Report Abuse

Trump officially called to bursa boss yesterday to extend bonus ex date to tuesday because of alot of people mistaken it can entitle on the ex date, bursa responded OK. 13th.

Posted by JN8888888 > 2018-02-10 17:37 | Report Abuse

Trump officially called to bursa boss yesterday to extend bonus ex date to tuesday because of alot of people mistaken it can entitle on the ex date, bursa responded OK. 17th

Posted by Ahmad Razin Hj Yob > 2018-02-10 17:54 | Report Abuse

Monday at 9.01 am we sell. We get 1 bonus for 3 share . Price we dont know yet, we hope we will get profit .

Posted by Ahmad Razin Hj Yob > 2018-02-10 17:57 | Report Abuse

Monday, we can’t buy anymore on the ExDate to get bonus issue . Buy on last Friday ok la .

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-10 18:36 | Report Abuse

Sorry, my mistake. Mon buy not entitle bonus.

gaomin

596 posts

Posted by gaomin > 2018-02-10 20:53 | Report Abuse

Not entitle to the bonus if buy on Monday . Price will be adjusted on Monday .(1.53x3) /4 =1.1475 so the price is 1.15 .

StockyC

64 posts

Posted by StockyC > 2018-02-10 20:56 | Report Abuse

Stock price is diluted. The bonus is pretty much useless anyway.

madguy

674 posts

Posted by madguy > 2018-02-10 21:28 | Report Abuse

@stockyc just relax and wait for the qr .......

mjlee

449 posts

Posted by mjlee > 2018-02-10 21:53 | Report Abuse

if Monday buy, still entitle bonus share?

Mustovoi

364 posts

Posted by Mustovoi > 2018-02-10 23:20 | Report Abuse

Bought last minute at 1.54...finger cross...director bought 1.52...hopefully got support above 1.50 or 1.125(after bonus).

STC1136

977 posts

Posted by STC1136 > 2018-02-11 11:36 | Report Abuse

After ex bonus 12/02/18 Monday opening should be 1.14 (not mistaken is round down). Any price below 1.10 is a strong buy range.

Those who still interest to invest Masteel may get it from market between 1.12 to 1.15 easily before Q4 results announce on 23 to 25th of this month.
As i have highlighted previously most of us estimated Masteel should minimum get 20mil profit, therefore full year 2017 earning will roll to 82 mil.

After bonus total share 427 mil, still can get EPS 19.2 cents, PE with current price 1.14 is merely 5.93 only. cheap rite?

The bonus whether diluted or not, just a simple calculation use PE to measure....

I personally feel that Masteel will rocket high again with new TP of 1.35 to 1.40 before 31/03/18.

Grad the opportunity before it rocket high again!!!

Posted by Kesvin Quaik > 2018-02-11 17:38 | Report Abuse

many of company after bonus issue then fly to the netherlands , will masteel one of them ? haha

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-11 18:24 | Report Abuse

investor dont buy stock for bonus, they buy for earnings growth

JN88

11,670 posts

Posted by JN88 > 2018-02-11 20:59 | Report Abuse

Hillary said she will acquired steel, annjoo to fight masteel.

madguy

674 posts

Posted by madguy > 2018-02-12 02:30 | Report Abuse

@Mustovoi how u know .director bought 1.52 ???

madguy

674 posts

Posted by madguy > 2018-02-12 02:42 | Report Abuse

@STC1136 "still can get EPS 19.2 cents," this eps is it 1 full year ?? or one qr ??

lukehan

30 posts

Posted by lukehan > 2018-02-12 08:42 | Report Abuse

the bonus issue will straight a way distributed into our CDS account ?

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