Posted by wingold > 2018-02-21 09:24 | Report Abuse

me holding, I believe next QR will be excellent

Posted by cksam > 2018-02-21 09:56 | Report Abuse

Sorry for the misconception some of you have on me. I did not disclosed i have sold until someone ask me what do i think of Masteel. Well just to be honest i told him i sold off everything. If i said that Masteel TP is RM 2.50 by year end then it will be a different story.

Anyway i am out of Masteel because i sense another opportunity in Annjoo. Annjoo is the biggest player in the steel industry thus will have the greatest exposure to any steel price movement in the country. It is rumoured to announce it's QR this friday and also going to declare a dividend between RM 0.15 to RM 0.19 DPU (dividend per unit). As for your information Annjoo pays out about 60% of its profit through dividend.

So, why not make full use of your money and take advantage of this fine opportunity? I can always buy back Masteel later if it present another opportunity later. Right?

Posted by csl1991 > 2018-02-21 10:17 | Report Abuse

This counter will report good profit. Just dumb dumb hold. Don't be swayed by sell down, don't be tempted by gap up.

Posted by SuperPanda > 2018-02-21 10:52 | Report Abuse

ok cksam, good luck. anjoo, ssteel, lionind and masteel all almost similar product have prospect growth this year. even others steel products also good, only a matter of which is more attractive and cheaper and give higher return, however but picking the best will be hard.

others steel related player, ss/mesh/galvanize/pipe etc;

tongher
lysaght
choobee
chinwel
cscstel
kkb
lsteel
pantech
hiaptek
leonfb
atta
ays
prestar
mycron
melewar
wzsatu
emetall

its ok to post -ve comment, but should say with sense. i do think masteel will do well this quarter but not expect to higher on qoq since end year rainy season, most construction slower. anything >25m will be good enough.

Posted by JN88 > 2018-02-21 12:31 | Report Abuse

Anjoo and Masteel result will be posted today or tomorrow or the day after tomorrow.

Good luck all IronMAn.

Posted by 一只马 > 2018-02-21 13:31 | Report Abuse

cksam :Why am i saying stock price discovery is not the same as 1 + 1 = 2? If it is this simple then all analyst and Investment Banker will come to the same conclusion when calculating a stock's worth. Why every analyst and investment bankers come up with different numbers? Even though most of them use the popular Discounted Cash Flow model?

Satu Horse:Investment bank have their own SOP to perform valuation, cannot simply cakap cakap like you n me. You wrote too much to create trouble yourself.

Let me share with you, keep thing simple with reasonable sense.

I'm wondering whether you really started to invest in 2015.

Posted by STC1136 > 2018-02-21 14:44 | Report Abuse

In the share market, it is always normal when share price up, shareholders need profit return some is for short term, some for long term

Posted by STC1136 > 2018-02-21 14:52 | Report Abuse

Therefore, when price up reach certain level, some is leaving with certain profit, as long as they have get what they want, there is no definite answer for correct investment, even warrent buffet also may made mistake....

I am looking for mid term return, as long as market is on good track of profit earning for long steel counter, why need to worry when share price hit the record high?

There is more and more people with full money on his pocket looking for investment opportunity....one day steel counter will fully reflect their correct PE ratio, you can see most country 's steel counter are trade more between 12 to 20.....

Malaysia steel counter can said that we are undervalue as many invester has been badly hurt due to previous lost making history...

Don't look back history, we should look forward and to predict the better future of steel industry....

Posted by cksam > 2018-02-21 14:55 | Report Abuse

A preview of Annjoo Steel.

https://www.youtube.com/watch?v=TVSMQ4iIHt0&feature=youtu.be

Posted by cksam > 2018-02-21 14:56 | Report Abuse

The lowest cost steel producer in Malaysia

Posted by MrPauper > 2018-02-21 15:19 | Report Abuse

Lowest cost only is not so meaningful if not supported by highest volume activity. I rather bet on ssteel as volume market leader in high volume environment as fixed cost can be minimised due to efficiency of production

Posted by BrahmaBull > 2018-02-21 16:31 | Report Abuse

MASTEEL still in uptrend trend line, nothing to worry, up and down is normal just focus on your support level, let profit generate it self for you

Posted by SuperPanda > 2018-02-21 17:25 | Report Abuse

Anjoo, Ssteel, Masteel & Lionind will have good year in 2018 as long rebar price sustain.

Just pick one based on your preference. I had lionind but worry on debt issue on subsidiary related, masteel is cheaper interm of price cmpare to ssteel and anjoo.

if rm4/share can earn 20c, id rather spend rm1.50 to earn 10c.

Posted by Bleh > 2018-02-21 19:32 | Report Abuse

No movement today ... lol

Posted by JN88 > 2018-02-21 21:08 | Report Abuse

Later I call Trump and asking the DJ how.....Trump very dissapinted the Bitcoin he bought at USD 10k no movement ...

Posted by 张晋荣 > 2018-02-22 12:16 | Report Abuse

Annjoo or Masteel QR result will be out this 2 days. If they post a strong result, all steel counters will shoot up on good momentun just like ssteel result out.

Posted by bc8660 > 2018-02-22 12:28 | Report Abuse

Yes, Q result will announce soon, need to act fast buy buy.

Posted by AzerothJr > 2018-02-22 13:33 | Report Abuse

If result no as good as expected will it goes to holland?

Posted by Mohd Fahmi Bin Jaes > 2018-02-22 13:35 | Report Abuse

Yup

Posted by littlebull > 2018-02-22 14:35 | Report Abuse

Q4 is today or tomolo?

Posted by Fergus Chong > 2018-02-22 14:40 | Report Abuse

Masteel Masteel

Posted by bc8660 > 2018-02-22 14:41 | Report Abuse

I'm quite optimistic if looking at last receivable trade amount in Q result.

Posted by cybergreen > 2018-02-22 14:45 | Report Abuse

annjoo and masteel qr today or tomorrow? anyone know?

Posted by Dartmaster > 2018-02-22 14:59 | Report Abuse

yeah today place your bets win or lose.... memang gambling

Posted by gcke > 2018-02-22 15:25 | Report Abuse

Basing on past QR announcement the results were announced between 22-27 February 2018. If one were to look at the price momentum charts the coming QR(anytime now...) will be reasonable good for the company.
2.Global equity markets' sentiments were somewhat influenced by the Dow Jones Index Averages(DJIA) drop after the release of the Federal Reserve Bank minutes of meeting - more rates increase on the book.
3.My deduction: This year will be a remarkable year for most steel counters barring any global upheavals from the economic and geo-political fronts.

Happy investing:-)))

Posted by SuperPanda > 2018-02-22 16:14 | Report Abuse

Its not gambling if 90% facts on low raw mat cost, higher margin, constant demand, better cash/debt ratio, forex gain.

10% uncertain on impairment/depreciation if any.

I have firm call on masteel. You else decide. Its our own risk.

Posted by csl1991 > 2018-02-22 16:31 | Report Abuse

It's OK SuperPanda. If everyone already gotten into Masteel before they release the QR, then it won't jump anymore when it releases QR. We need people who stay on the sideline and only enter when QR is release. It's this group of people who make stocks gap up and we thank them in advance.

Posted by SuperPanda > 2018-02-22 17:03 | Report Abuse

yes very true, we try to give our best sharing but decision still at their end. its their own money.

Posted by 张晋荣 > 2018-02-22 19:15 | Report Abuse

Even emetall post 60% higher revenue, but still loss in nett profit. I think Annjoo, leonfb & masteel should post very strong result.

Posted by onlyinvestment > 2018-02-22 20:34 | Report Abuse

Same Lsteel , this emetall and lsteel are running by same family . This family cant trust...

Posted by SuperPanda > 2018-02-22 20:52 | Report Abuse

Certain bhd cmpny mgmt sailang money through many ways and claim that operation expense. At the same time earn high salary, benefits and remuneration. Also happen in a cmpany where single director holds to much share >50%

Should be careful when invest.

Posted by Fergus Chong > 2018-02-22 23:26 | Report Abuse

Masteel qr report tomorrow. Hold tight and rocket ?

Posted by Henly > 2018-02-23 08:20 | Report Abuse

http://m.thesundaily.my/news/2018/02/22/misif-us-wrong-impose-import-tariffs-malaysian-steel

Posted by tallman > 2018-02-23 08:34 | Report Abuse

@SuperPanda What is your opinion in SSteel? Thanks.

Posted by KL Chong > 2018-02-23 09:23 | Report Abuse

look like buyer come again....

Posted by wingold > 2018-02-23 09:57 | Report Abuse

its going to be good, TP 1.8 short term

Posted by titus > 2018-02-23 10:07 | Report Abuse

wah...1.8?...so optimistic ah?.....my friend text me this money and say he sifut text him and say 1.60 in the making.

Posted by shadowhao > 2018-02-23 10:32 | Report Abuse

masteel go go. plz break 1.38 wth good result

Posted by bc8660 > 2018-02-23 10:46 | Report Abuse

I reckon the EPS would around 6~7 sens after diluted bonus shares, let us wait and see how much revenue can be generated last quarter.

Also looking target price at 1.70 above for the next 12 months.

Posted by bluebiznet > 2018-02-23 10:50 | Report Abuse

Slow slow up no problem

Posted by bluebiznet > 2018-02-23 10:54 | Report Abuse

Whenever i3 people getting excited then nothing will happen eventually... Remember the 1 3 bonus issue, all so excited then nth happens.... I hope this time everybody pessimistic a bit. Then let the result and share price to SURPRISE US... Some say np 4 sen some say 6 sen.... Later np 10 sen also no surprise..then nothing happen already..... Please...

Posted by bluebiznet > 2018-02-23 10:54 | Report Abuse

Hope everbody lets assume the np will be 2 cents only then ok already...

Posted by bluebiznet > 2018-02-23 10:55 | Report Abuse

Hopefully 2 cents np for the coming qr.... Pray pray...

Posted by madguy > 2018-02-23 11:01 | Report Abuse

@luebiznet bro whats ur np mean ???

Posted by bluebiznet > 2018-02-23 11:04 | Report Abuse

Net profit

Posted by my3333 > 2018-02-23 11:06 | Report Abuse

look good kikiki

Posted by JN88 > 2018-02-23 11:07 | Report Abuse

All saying like Masteel can fly to sky ady. Lol later all die only know.

Posted by madguy > 2018-02-23 11:07 | Report Abuse

@bluebiznet then its refer to eps

Posted by 张晋荣 > 2018-02-23 11:12 | Report Abuse

These 3 counters Masteel, leonfb & anjoo will fly skyhigh after QR out today & monday.

Posted by bluebiznet > 2018-02-23 11:23 | Report Abuse

Yes. Eps more appropriate