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

0.325 - 0.325

Trading Volume

442,600


18 people like this.

14,813 comment(s). Last comment by rizal2020 1 day ago

amet2017

3,150 posts

Posted by amet2017 > 2018-02-28 15:28 | Report Abuse

Berapa jangkaan? Keuntungan 500 juta?

KLCI King

3,220 posts

Posted by KLCI King > 2018-02-28 15:29 | Report Abuse

hng33, respect your honesty, hope you will continue to spot other good stocks

Posted by hng33 > Feb 28, 2018 03:27 PM | Report Abuse
Cut loss all masteel at 1.20, free up all capital

lanjiolang

702 posts

Posted by lanjiolang > 2018-02-28 15:30 | Report Abuse

for those who already cut loss or cut win, faster move to lionind, result will out today, last chance for you to cover your loss.

hng33

20,352 posts

Posted by hng33 > 2018-02-28 15:31 | Report Abuse

swap all capital free up from masteel to other stock to recoup back loss in leonfuat, tong herr, thong guan

hollandking

3,694 posts

Posted by hollandking > 2018-02-28 15:31 | Report Abuse

wow, u play so much steel

Posted by uzairbhatti0157 > 2018-02-28 15:32 | Report Abuse

lionind ......i think we should learn lesson from masteel

lanjiolang

702 posts

Posted by lanjiolang > 2018-02-28 15:33 | Report Abuse

thong guan is plastic not steel, another holland stock

lizi

1,968 posts

Posted by lizi > 2018-02-28 15:34 | Report Abuse

one unexpected earning causes many burn kawkaw

KLCI King

3,220 posts

Posted by KLCI King > 2018-02-28 15:35 | Report Abuse

why named yourself this name? Just curious only.

Posted by lanjiolang > Feb 28, 2018 03:33 PM | Report Abuse
thong guan is plastic not steel, another holland stock

lanjiolang

702 posts

Posted by lanjiolang > 2018-02-28 15:37 | Report Abuse

you ask my father lah. my surename is Lan

Posted by KLCI King > Feb 28, 2018 03:35 PM | Report Abuse

why named yourself this name? Just curious only.

Posted by lanjiolang > Feb 28, 2018 03:33 PM | Report Abuse
thong guan is plastic not steel, another holland stock

Posted by Ahmad Razin Hj Yob > 2018-02-28 15:38 | Report Abuse

cut loss

JN88

11,670 posts

Posted by JN88 > 2018-02-28 15:39 | Report Abuse

Boss received cny angpao

KLCI King

3,220 posts

Posted by KLCI King > 2018-02-28 15:39 | Report Abuse

:O I surrender, you win

Posted by lanjiolang > Feb 28, 2018 03:37 PM | Report Abuse
you ask my father lah. my surename is Lan

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 15:40 | Report Abuse

Manage top up lower and sell higher 2 times. Volume out is big. Unfortunately, announce qr together with bad market sentiment. I believe price will be gap up 1 - 2 bid tomorrow if market sentiment is ok. Monitor for best entry. Good luck.

lextcs

1,961 posts

Posted by lextcs > 2018-02-28 15:40 | Report Abuse

everyone is like getting out of bursa...profit aso kena selldown...loss kena trashdown...Bursa boleh

angkokann

705 posts

Posted by angkokann > 2018-02-28 15:42 | Report Abuse

Nowaday even with 20% profit in paper will turn into lose in one day...

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 15:45 | Report Abuse

Trading plan and trading system have to change. Too many newbies trader.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 15:47 | Report Abuse

Do OTB still recommend Masteel as his top pick?

Posted by Fergus Chong > 2018-02-28 15:48 | Report Abuse

If back to 1.40, 15% profit

Heka

1 posts

Posted by Heka > 2018-02-28 15:50 | Report Abuse

All those sinkalan here still gong gong, people already run liao, today in again earn double profit nowadays no more dumb dumb hold see who hand faster is the key to win, kikikikikiki!!!!!!!

mmllkkyy

80 posts

Posted by mmllkkyy > 2018-02-28 15:51 | Report Abuse

Ppl trading here as if masteel is having huge loss and no future earning visibility... the sell down is simply overdone for a company that proven to have 200% yoyo PATANCI improvement and strong future earnings visibility ... I wonder how many ppl really read and analyse what is the numbers presented in the quarter announcement and how much they know about it before they press the sell button...

Posted by JustAnAmateur > 2018-02-28 15:52 | Report Abuse

really cny angpau. red red

Posted by Investor5711 > 2018-02-28 15:53 | Report Abuse

Sohai you guys really brainless and talk like cock-less, today whole market in red sea and u guys shoot masteel like masteel is the only one diving. Please lah u guys bought at high price and been trap ka? Keep on talk shit....

Yolo

601 posts

Posted by Yolo > 2018-02-28 15:53 | Report Abuse

that's why 90% are making loses and only small portion of people are making fortune ma. If all so smart know how to read reports who pay for our gain nieh? huehuehue

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 15:55 | Report Abuse

I don't have any idea why too much volume is out. That's why I'm suspecting some sifu tell their student to sell. This is not a normal trader and investor volume. Unless a group of people sell it.

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 15:56 | Report Abuse

But if can sustain 1.19. Tomorrow will see a bit rebound provided world market is ok.

Posted by uzairbhatti0157 > 2018-02-28 15:57 | Report Abuse

Investor5711 you are right i have seen boards of huaan, sumatec and others, situation is same like masteel everyone is cursing their holdings

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 16:00 | Report Abuse

Thanx master OTB. Really adore you with Hengyuan more 100% profit.
At least, with your answer, every one here will fell safer.
I will buy more 1.19. Please throw!!!!

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2018-02-28 16:08 | Report Abuse

See..how the sifu voice is powerful. People already stop dumping 1.19. I supposed ask him after I makan kaw kaw at 1.19!!!

vinc3nt

407 posts

Posted by vinc3nt > 2018-02-28 16:08 | Report Abuse

sad no more 200% unrealized gain

ming

2,081 posts

Posted by ming > 2018-02-28 16:09 | Report Abuse

Total 4 qr pbt = 70.882m
Assuming tax rate 25%, pat = 53.16m

Eps = 0.124 (base on 427.24m)

Pe8=0.995
Pe9=1.12
Pe10=1.24

Posted by uzairbhatti0157 > 2018-02-28 16:20 | Report Abuse

it means this drop has no background just high expectation from the results.....hopefully will recover in week or two

kcgoh1234

201 posts

Posted by kcgoh1234 > 2018-02-28 16:34 | Report Abuse

mr.ooi teik bee (value investor) vs tan sri koon (big gambler)

kcgoh1234

201 posts

Posted by kcgoh1234 > 2018-02-28 16:37 | Report Abuse

tan sri koon yew yin should release a memoir of his many yrs of gambling experience. koon yew yin - Story of big gambler and his followers in bursa casino.

JW Leong

99 posts

Posted by JW Leong > 2018-02-28 16:41 | Report Abuse

Those panic seller will regret what they did by today

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-02-28 17:00 | Report Abuse

Dropped more than hengyuan. Make no sense. Lol

Posted by AhLiangGe > 2018-02-28 17:06 | Report Abuse

Top loser in 2018 in a day, holiao!!!!!!!!!!!!

Rryt

85 posts

Posted by Rryt > 2018-02-28 17:13 | Report Abuse

Tomorrow will up la~ Pattern like AEM.

HuatRex

2,617 posts

Posted by HuatRex > 2018-02-28 17:17 | Report Abuse

Tmr will rebound back to 1.30 above.

Posted by Steven Tan > 2018-02-28 17:49 | Report Abuse

KYY keeps harping on OTB's Masteel... So many other steel counters but why always Masteel?. Just because OTB didn't buy into JAKS , this old fellow is vengeful. Too egoistic fellow.

Masteel

94 posts

Posted by Masteel > 2018-02-28 18:02 | Report Abuse

LEt me correct you a little bit.

This year full year Masteel realised a gain of exchange 14 million (due to strengthening in ringgit from RM4.4 to RM4.) and write off inventory of 2 million

Both of this item will not be repeated in 2018.

Scenario 1

PBT 70.9m minus 12m (net of gain and write off) =

Adjusted PBT 58.90m
Less 24% Tax = 14.13m
PAT = 44.76m
EPS = RM0.1048

PE 8 =RM0.84
PE 10 =RM1.04

Scenario 2
PAT Q4'18 12.15m x 4 = RM48.6

EPS = RM0.1138

PE 8 = 0.91
PE 10 = 1.13

It is deemed fully valued.

I cannot understand why overall payable/borrowing was reduced but having higher finance cost than previous year

Debts to Cash ratio : 20m vs 600m (20 times) - as their trade bill involve late interest payment.

Please bear in mind, it is on optimum capacity now.

Favour/Unfavour Risk
1.Steel price increased further.
2.Volatility of RM/USD

I shared my view and calculation.

Feb 28, 2018 04:09 PM | Report Abuse

ming Total 4 qr pbt = 70.882m
Assuming tax rate 25%, pat = 53.16m

Eps = 0.124 (base on 427.24m)

Pe8=0.995
Pe9=1.12
Pe10=1.24
28/02/2018 16:09

tehka

1,928 posts

Posted by tehka > 2018-02-28 18:06 | Report Abuse

My sifu OTB has spend a lot of time to search for only the best FA stocks in bursa.
I follow him because I feel he is very sincere in want us to be success in stock market.

I hope masteel will recover tml even though i dont own masteel. Masteel result is not bad.

Posted by Mohd Fahmi Bin Jaes > 2018-02-28 18:09 | Report Abuse

Sell

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-28 18:13 | Report Abuse

KLCI is really mean. Make profit down. Loss a bit also down. If down also down.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-28 18:15 | Report Abuse

I havent sell yet but due to today selling, my 10K paper profit just gone like that. Ave at 1.18.

HuatRex

2,617 posts

Posted by HuatRex > 2018-02-28 18:18 | Report Abuse

@superpanda you will still holding ur share till next qr? What is ur view on masteel next qr?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-02-28 18:23 | Report Abuse

I still believe it can rebound to 1.30. Then will consider next step.

HuatRex

2,617 posts

Posted by HuatRex > 2018-02-28 18:35 | Report Abuse

Me too. I believe it will hv a 10% rebound

fkser

622 posts

Posted by fkser > 2018-02-28 18:39 | Report Abuse

Why down many

HuatRex

2,617 posts

Posted by HuatRex > 2018-02-28 18:52 | Report Abuse

Just buy. Overly done.

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