Posted by Ramada > 2018-02-27 18:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5704241

Posted by Investar2862 > 2018-02-27 18:11 | Report Abuse

Congratulation to Masteel's shareholders

Posted by nicky11 > 2018-02-27 18:12 | Report Abuse

This stock was push high for few time but result seem so so...hmm.. Let't see the market respond on tomorrow

Posted by tkk1127 > 2018-02-27 18:18 | Report Abuse

i feel the result is nice. As the net profit of $12m which is better than last year of 4m. It is thriple. The lower eps is because of bonus issue in current quarter. If annualised the Eps which is 4.02/3 x 4 = 5.36

Posted by EveryoneCanTrade > 2018-02-27 18:23 | Report Abuse

just wonder after matching, who is buying the stock. the transaction is 1345400 at 1.4. CRAZY.
Hopefully, this is the support.

Posted by Kentphang97 > 2018-02-27 18:24 | Report Abuse

many traders will thorw tomorrow as they only saw qoq is -

Posted by Bleh > 2018-02-27 18:31 | Report Abuse

Too little for my liking

Posted by Jamaica > 2018-02-27 18:34 | Report Abuse

Congrats. Tomorrow drop 10 sen only.

Posted by newbie911 > 2018-02-27 18:34 | Report Abuse

Stupid result, i thought over 20m !!!

Posted by Larrytrader > 2018-02-27 18:35 | Report Abuse

Good result not meh?

Posted by Kentphang97 > 2018-02-27 18:36 | Report Abuse

Haha 20m ? Ithey are selling steel not printing money lol

Posted by Investor5711 > 2018-02-27 18:37 | Report Abuse

Where did masteel result out lol

Posted by Investor5711 > 2018-02-27 18:40 | Report Abuse

Opss its out =[

Posted by GG_Liang > 2018-02-27 18:41 | Report Abuse

Revenue all time high

Posted by lincm86 > 2018-02-27 18:43 | Report Abuse

MASTEEL made 4.02 cents of the current 1.40 share price in 3 months, is quite good isn't it :D

Posted by vinc3nt > 2018-02-27 18:43 | Report Abuse

lol

Posted by MrPauper > 2018-02-27 18:44 | Report Abuse

@tkk1127, for your information, the EPS is based on old share base (before recent bonus issue). If based on latest number of shares after bonus issue, the EPS is much lower. Correct me if I am wrong.

Posted by bluebiznet > 2018-02-27 18:45 | Report Abuse

Actually is good mah.... Everybody knows year end because of holiday and raining season so less activity... Just because everyone here is over over optimistic

Posted by MrPauper > 2018-02-27 18:45 | Report Abuse

Revenue all time high is due to higher average selling price ==> Might indicate that there is no / not much addition of sales volume.

Posted by bluebiznet > 2018-02-27 18:45 | Report Abuse

Result ended may is the one that will be very very good amd push the price to sky high

Posted by Dartmaster > 2018-02-27 18:50 | Report Abuse

Kelian sial still singing good ah we will see how the share price tomorrow hahahaha

Posted by JN88 > 2018-02-27 18:51 | Report Abuse

Net profit up 200% keep bising. My AA drop 19% then how?

Posted by Dartmaster > 2018-02-27 18:52 | Report Abuse

Tomorrow die kaw kaw

Posted by bluebiznet > 2018-02-27 18:54 | Report Abuse

Actually is good for last quarter result... It become no good is because everybody think too good haha LOL

Posted by bluebiznet > 2018-02-27 18:54 | Report Abuse

Told you guys to calm down already... Now see

Posted by bluebiznet > 2018-02-27 18:55 | Report Abuse

I also go hengyuan side say dont so happy amd excited everyone...lol

Posted by Ramada > 2018-02-27 18:58 | Report Abuse

Majority says MASTEEL good, good, good but result so-so. I say SSTEEL value buy, buy, buy but no one bother me. Sad.

Posted by bluebiznet > 2018-02-27 18:58 | Report Abuse

U guys want panic sell then go sell, i wont sell, but i also wont buy tmr even if price drop

Posted by bluebiznet > 2018-02-27 18:58 | Report Abuse

Cool down lah.... Because everyone too focus on this qr... Thought this qr can make overnight millionaire... Where got so good thing... Patient

Posted by bluebiznet > 2018-02-27 18:59 | Report Abuse

2 to 3 quarter 100% no problem

Posted by bluebiznet > 2018-02-27 19:00 | Report Abuse

Frankly speaking masteel is the worst

Posted by bluebiznet > 2018-02-27 19:00 | Report Abuse

Even choobee better to immediate preceding quarter

Posted by tkk1127 > 2018-02-27 19:03 | Report Abuse

@Mr pauper, easy clarification for u. U go check June result of profit 10.5m with eps 4.38, then the latest dec result shown profit of 12.1m with eps 4.02. The reason is because increase in shares, and they count the eps based on the new total shares.

Posted by Investar2862 > 2018-02-27 19:06 | Report Abuse

Tomorrow 1.48

Posted by Azman Mohamad Zanal > 2018-02-27 19:12 | Report Abuse

Profit increase 200% from last qoq....yoy pun profit increase...eps last 4 quaters pun increase...revenue pun increase...PE now undervalued...company untung pun bising2...dont talk nonsense without evidents...if dont like just go to other counter...TQ

Posted by SuperPanda > 2018-02-27 19:16 | Report Abuse

Already expected on lower qoq and higher yoy, only that we are looking at prev qtr at 38m so we expect >20m is min they should earn.

Posted by bc8660 > 2018-02-27 19:19 | Report Abuse

The revenue growing significantly with stable earning result. For me is strong enough to support for further uptrend and don't expect ro double the eps overnight with increased share ammout.

Posted by JN88 > 2018-02-27 19:24 | Report Abuse

No worry no worry these group of people will be like who selling Airasia last time at Rm2.2.

Posted by Eason Tee > 2018-02-27 19:24 | Report Abuse

Masteel management needs to control the cost to get a better profit margin. Their report also mentions bout the potential competition from China company in Kuantan. 2018 will be a challenging year for masteel.

Posted by SuperPanda > 2018-02-27 19:26 | Report Abuse

Not a bad result after all only that we forecast too high

Posted by Dartmaster > 2018-02-27 19:28 | Report Abuse

Denial stage confirm

Posted by JN88 > 2018-02-27 19:28 | Report Abuse

If not mistaken steel counter had fall and down for more than 5 years until Kinsteel and Perwaja bankruptcy. If final year if the management give high bonus to staff then reasonable just like Airasia.

Posted by Sigmund1118 > 2018-02-27 19:30 | Report Abuse

Should say under perform vs market expectation .

Posted by BullRunComing > 2018-02-27 19:34 | Report Abuse

Great result but under market expectation. Unable to sustain the current price.

Posted by MrPauper > 2018-02-27 19:39 | Report Abuse

@tkk1127, if you take notice of the B11. EPS section of the quarter report, the weighted average number of ordinary used to calculate EPS is 301,493,000 shares. But actually the latest number of shares outstanding is 427,241,124 shares. You try to do the math

Posted by MrPauper > 2018-02-27 19:41 | Report Abuse

This means that the adjusted EPS based on latest number of outstanding shares should be 2.84 sen instead of 4.02 sen

Posted by newbie911 > 2018-02-27 19:46 | Report Abuse

Yes...very misleading report by masteel.
Total share is actually 427M.
High dilutiom to eps.

Posted by SuperPanda > 2018-02-27 19:47 | Report Abuse

its a 12m profit, not a loss. if you think at 1.40 is overvalue, then sell. no one can stop you doing that.

Posted by SuperPanda > 2018-02-27 19:56 | Report Abuse

after sell you still need to find another stock to buy, need to search for better stock that give higher gain than 1.40 price @ eps 4c on qtr

Posted by Tom > 2018-02-27 20:00 | Report Abuse

bonus shares 是在Q1 2018 派发的，你看的季报是 Q4 2017，所以请你别乱说话

Posted by newbie911 > Feb 27, 2018 07:46 PM | Report Abuse

Yes...very misleading report by masteel.
Total share is actually 427M.
High dilutiom to eps.