@tallman, ssteel market share bigger than masteel. earnings will more significant. steel product margin not high so higher sales will gives higher earnings.
i pick masteel over ssteel bcoz entry capital lower but give almost similar return %.
Anjoo is more expensive per share cmpare to ssteel and masteel. Will post good result too.
I will find the best value for my capital b4 invest. If 80c-90c to spend, i compare at least 5 good stock and forecast which have higher potential growth then only buy.
Im not sure y'll dare to declare your stock pick for Jan-Dec 2018 or not. But as for now, 3 out 5 mine has performed well at this moment. All new inception at Jan'18.
1. Masteel (+ve) 2. HY (+ve) 3. Dayang (+ve) 4. VS-WA (breakeven) 5. KGB (-ve)
@madguy, im in construction now. 7 yrs. prev work in manufacturing for 10 yrs.
bought steel bcoz i knew steel price. bought vs bcoz i worked there before bought dayang after study their prev losses and future oil price for 2018 bought HY after study crack spread margin, understand refinery, its debt in usd vs forex gain bought KGB due to current order book increase in FY18 for pipe/gas job and its venture in CO2 industry by FY19
Posted by SuperPanda > Feb 24, 2018 10:33 AM | Report Abuse
Prev qtr was very good, hard to beat in this qtr. Myself est earning >25m. Lower on qoq but will 600% on yoy (since Q4 prev year only 4m).
Comments Previous quarter there was an extraordinary gain (around 20M) which is not counted as part of operational profit. This coming quarter result can produce 20M is good enough. Better still it is > 25M.
Oil, utilities and semiconductors led the upside among sector funds in the stock market today. West Texas intermediate crude prices surged 1.3% to $63.56 a barrel. VanEck Vectors Semiconductor (SMH) and iShares PHLX Semiconductor (SOX) rose nearly 2% each. Both ETFs are moving up from support at their 50-day lines and are 3% off their January peaks. Chip giant Intel soared 4%.
That is why im asking why the PBT > NP there is a one off gain in the last QR. Hopefully people realize that gaining a little more than 20m is considered super good for the coming QR and not simply sell of their share LOL
Hello, Such a nice forum!!! Malaysia Steel Works is a Malaysia-based manufacturing company. The Company is engaged in manufacturing of steel bars, mild steel bars and prime steel billets. Thank you
Lol, masteel issued bonus shares this quarter, all the disclosure on eps, shares need to amend in the quarter report in order to show the comparative figures. These take some time to do, not 1+1=2 only. In addition, chinese new year fall in feb too. Account department and auditor need celebrate cny also. So the result posted late is acceptable and reasonable.
Yes superpanda high possibility qoq lower and higher yoy than the reason I wait no to jump in too early... Masteel is good, I ok miss the chance but don't chase high... My experience
Thanks lim, ya u r right... I got double check last qt got 1 off gain so as long as the earning is higher than minus the 3qt 1 off gain then should be very good.... Can buy a litter bit if any adjustment just buy more
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
SuperPanda
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Posted by SuperPanda > 2018-02-23 12:48 | Report Abuse
@tallman, ssteel market share bigger than masteel. earnings will more significant. steel product margin not high so higher sales will gives higher earnings.
i pick masteel over ssteel bcoz entry capital lower but give almost similar return %.