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 - 0.33

Trading Volume

2,602,200


18 people like this.

14,813 comment(s). Last comment by rizal2020 3 days ago

sky4524

41 posts

Posted by sky4524 > 2014-09-03 11:57 | Report Abuse

according to the news in rtm, government has started an investigation in the issue of steel dumping from china and korea.

Ali Baba

163 posts

Posted by Ali Baba > 2014-09-03 12:06 | Report Abuse

nobody want sell to me, Q 1.02

michealc

173 posts

Posted by michealc > 2014-09-03 16:20 | Report Abuse

good counter! buy some......

no_idea

39 posts

Posted by no_idea > 2014-09-03 16:25 | Report Abuse

good counter but sleeping.

carson8

589 posts

Posted by carson8 > 2014-09-03 17:14 | Report Abuse

yeah lol a little sleepy here but will wake up lah, be patient

michealc

173 posts

Posted by michealc > 2014-09-03 17:22 | Report Abuse

may b tomolo...

carson8

589 posts

Posted by carson8 > 2014-09-04 09:44 | Report Abuse

still sleepy

carson8

589 posts

Posted by carson8 > 2014-09-04 10:30 | Report Abuse

i am confident it will surge someday, its ok to wait as long as making gains here is a reality

Ali Baba

163 posts

Posted by Ali Baba > 2014-09-04 16:34 | Report Abuse

The Edge FinancialDaily reported that the Ministry of International Trade and Industry (MITI) has launched a preliminary investigation on the imports of steel concrete reinforcing bars (rebars) from China and South Korea. This follows a petition lodged on 14 August from a local producer for the imposition of anti-dumping duties on imports of steel concrete rebar in straight length form.

- From MITI’s preliminary investigations, there was sufficient evidence to indicate that the dumping of steel concrete rebars at a lower price had indeed harmed the domestic market. The investigations are based on the Countervailing and Anti- Dumping Duties Act 1993 and its related regulations.

- More importantly, MITI added that if the final investigations match that of its earlier findings, it could impose anti-dumping duties on such imports. We understand that the final investigations could take up to four months to complete.

- We are not surprised by this news, as the proliferation of cheap steel imports – particularly from China – has perpetrated market imbalances within Malaysia’s steel industry. To be sure, we understand that Imports of bars and wire rods from China reached ~130k tonnes in June 2014 alone (+40% QoQ).

- Based on a report by The Star late last May, certain Chinese steel producers have reportedly exploited a taxation loophole in China to enjoy export rebates of c.9%- 13%. These players are believed to have circumvented the system by declaring their Malaysia-bound exports as alloy instead of steel.

michealc

173 posts

Posted by michealc > 2014-09-04 20:02 | Report Abuse

any effect to the stock price??

carson8

589 posts

Posted by carson8 > 2014-09-04 21:41 | Report Abuse

today wa has rebound a little, probably profit taking activities and consolidation done, tomorrow might go higher

Ali Baba

163 posts

Posted by Ali Baba > 2014-09-04 21:50 | Report Abuse

The company exercise another 5mil warrant today

myky67

106 posts

Posted by myky67 > 2014-09-05 09:49 | Report Abuse

What the meaning & is it good phenomena if the Masteel company keep exercising the warrant..?

carson8

589 posts

Posted by carson8 > 2014-09-05 10:46 | Report Abuse

ya lah y so many convertion to mom share

carson8

589 posts

Posted by carson8 > 2014-09-05 17:12 | Report Abuse

closing up 2 cts, if every closing up sure yummy

Nitezzz

372 posts

Posted by Nitezzz > 2014-09-10 14:57 | Report Abuse

Y drop...

Posted by Wicked_wit > 2014-09-10 21:39 | Report Abuse

Boneseythe, mind share your view on masteel?

sky4524

41 posts

Posted by sky4524 > 2014-09-11 10:29 | Report Abuse

steel companies starting to move today

kakisaham

7,263 posts

Posted by kakisaham > 2014-09-11 10:44 | Report Abuse

wa dah cakap last week, steel kaunter akan move lagi..tapi bijak pandai sibuk dgn sumatec n glotec..tengok melewar apa macam

carson8

589 posts

Posted by carson8 > 2014-09-11 14:15 | Report Abuse

how high will it go up 10% kiki kikiki

katani17

190 posts

Posted by katani17 > 2014-09-11 14:20 | Report Abuse

range price 1.02 to 1.06

Ali Baba

163 posts

Posted by Ali Baba > 2014-09-11 21:36 | Report Abuse

(吉隆坡4日訊)隨著政府更積極地調查外國進口的鋼鐵產品,特別混凝土鋼筋條及盤條是否触犯1993年反傾銷稅法令及相關條例,使本地鋼鐵業可能苦盡甘來,後市前景顯露一點曙光。

隨著本地一家鋼鐵商在今年8月14日向政府提呈請願書,以便為進口的直長型混凝土鋼筋條實施傾銷稅,國際貿工部已對中國及韓國進口的混凝土鋼筋條展開初步調查。(圖:新華社)
大馬研究指出,隨著本地一家鋼鐵商在今年8月14日向政府提呈請願書,以便為進口的直長型混凝土鋼筋條實施傾銷稅,國際貿工部已對中國及韓國進口的混凝土鋼筋條展開初步調查。
據信,提交反傾銷指控的公司是CSC鋼鐵(CSCSTEL,5094,主板工業產品組)。這家台灣中鋼公司持股45%的鋼鐵公司,控訴對象包括韓國、中國和越南同業。
國際貿工部進行初步調查顯示,已有足夠證據證明以較低價格傾銷混凝土鋼筋條活動已經傷害本地市場。該項調查是基於1993年反傾銷稅法令及相關管制條例進行。
國際貿工部表示,若是最後調查符合較早時結果,該部可向有關鋼鐵產品實施反傾銷稅,預料最後調查需要費時4個月才完成。
6月中國鋼條進口增40%
該行指出,這已是意料中事,特別是日益增加的中國進口便宜鋼鐵產品,已經對大馬鋼鐵業市場產生失衡現象;單單在今年6月份,中國進口的鋼條及盤條就已達到13萬公吨,按季增長約40%。
根據5月一項媒體報道,某些中國鋼鐵生產商濫用中國的稅務漏洞,以享有9至13%出口稅務回扣,包括將它們出口到大馬市場的鋼鐵產品,申報為混合金屬品以取得稅務優勢。
大馬研究指出,最近大馬政府關注鋼鐵產品傾銷活動所帶來的威脅的發展,實令市場感到鼓舞。根據業者消息指出,政府調查核心是要确保對中國進口的盤條及鋼筋條,是否有堅實的理由對它們實施反傾銷稅務。請願書包括吁請政府向之前豁免稅務的中國兩家盤條出口商實施反傾銷稅務。較早時,政府對盤條實施反傾銷稅是在2013年2月20日生效,並且每年將給予檢討。
大馬研究對整體鋼鐵業保持“加碼”的評級。


點看全文: http://biz.sinchew.com.my/node/101439?tid=23#ixzz3D0vdQi3c
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Posted by wongkeanchung > 2014-09-19 16:05 | Report Abuse

coming soon

linjie

187 posts

Posted by linjie > 2014-09-19 16:06 | Report Abuse

buy buy buy

Posted by bladekiller > 2014-09-19 16:14 | Report Abuse

wat is cming soon? big wave?

linjie

187 posts

Posted by linjie > 2014-09-19 16:17 | Report Abuse

shark eat kaw u

Posted by bladekiller > 2014-09-19 16:36 | Report Abuse

:D lai lai

linjie

187 posts

Posted by linjie > 2014-09-19 16:37 | Report Abuse

block block lor

Posted by bladekiller > 2014-09-19 16:58 | Report Abuse

wow up to 1.10 last minute!!!

sky4524

41 posts

Posted by sky4524 > 2014-09-19 17:03 | Report Abuse

1.06 only la

Posted by bladekiller > 2014-09-19 17:22 | Report Abuse

went back down :(
nx week showtime :O

carson8

589 posts

Posted by carson8 > 2014-09-19 21:56 | Report Abuse

showtime should be around the corner , patient does it, be prepare to clean up pockets for xxl bonuses, kikiki

carson8

589 posts

Posted by carson8 > 2014-09-22 10:07 | Report Abuse

wait wait and wait, sampai tua lol

linjie

187 posts

Posted by linjie > 2014-09-22 20:01 | Report Abuse

hold another 1 year loh, they're testing your patience

linjie

187 posts

Posted by linjie > 2014-09-22 20:02 | Report Abuse

can not wait then sell lor

Posted by bladekiller > 2014-09-23 16:44 | Report Abuse

Details of corporate proposal Exercise of Warrants
No. of shares issued under this corporate proposal 1,000,000
Issue price per share ($$) MYR 0.670
Par Value ($$) MYR 0.500

hafizul88

57 posts

Posted by hafizul88 > 2014-09-23 18:11 | Report Abuse

anything interesting about that announcment

Posted by goldenhorn > 2014-09-24 13:46 | Report Abuse

can anyone explains why the company still have so many rounds of addtional warants listings whereby the warrants expiry date is around the corner in year 2015?

linjie

187 posts

Posted by linjie > 2014-09-24 15:07 | Report Abuse

is not listing, is exercise ....

Posted by goldenhorn > 2014-09-24 16:23 | Report Abuse

oh ya... shall we exercise the WA now as well? or hold on and wait. i holding the warrants not the mothershare

sky4524

41 posts

Posted by sky4524 > 2014-09-24 17:27 | Report Abuse

sell the wa and buy mother.

linjie

187 posts

Posted by linjie > 2014-09-25 11:43 | Report Abuse

kub moving, mcn project coming ?

dukuking

19 posts

Posted by dukuking > 2014-09-27 15:43 | Report Abuse

duku harga drop,harga stock also merah merah,come on masteel,dun made me sad

carson8

589 posts

Posted by carson8 > 2014-09-28 16:23 | Report Abuse

when will it move, maybe calvin, if u are free ,can post some directions on this long steel beam expert

Steven Yong

1,251 posts

Posted by Steven Yong > 2014-09-28 17:30 | Report Abuse

When govt announced ban on important steel, you see it fly like no tomorrow, better buy now before too late.

carson8

589 posts

Posted by carson8 > 2014-09-29 10:47 | Report Abuse

aiyo zz zz zz

garygee77

191 posts

Posted by garygee77 > 2014-09-29 20:39 | Report Abuse

Everyday sleep...

linuss

5 posts

Posted by linuss > 2014-09-30 13:42 | Report Abuse

Come on will of steel!

carson8

589 posts

Posted by carson8 > 2014-09-30 22:00 | Report Abuse

so how zzzzz, i think they maintain price to collect more but it will come someday

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