Is a good buy maybe but still need to consider the overbuy for the past year also look at the one year chart before you say is cheap. Is a good company to invest for sure... But can wait.. Wait for the pre election drop
OTB is correct. There is currently a shortage in this industry due to the fact that a few big players closed shop couple of years ago thus affecting production. However, once the bear comes nothing will stop the selling.
OOI TEIK BEE shouldnt post his article here. He should only inform his subscriberS so maybe his subscriberS can benefits from todayS panic sell to buy cheap, it is really like because he care so much of his own face and he actually sacrifice his subscribers benefits. Since you already the shares you recommended is not doing very well in term of financial results, then you should care more on the subscribers to make them recoup their loses or what instead of posting article in I3 to show how great is your past performance.
Posted by bluebiznet > Mar 2, 2018 08:53 AM | Report Abuse
OOI TEIK BEE shouldnt post his article here. He should only inform his subscriberS so maybe his subscriberS can benefits from todayS panic sell to buy cheap, it is really like because he care so much of his own face and he actually sacrifice his subscribers benefits. Since you already the shares you recommended is not doing very well in term of financial results, then you should care more on the subscribers to make them recoup their loses or what instead of posting article in I3 to show how great is your past performance.
Ans : I decided to do it because superinvestor is sabotaging this stock. Those hold Masteel are victim of circumstance including me. Thank you. Ooi
Please check for yourself whether I talk with facts and figures.
Lionind, Masteel, Choobee and Leonfb, the revenue and profit are growing since last year. I recommend growth stocks but not common sense or business sense stocks.
What's wrong with masteel qtr result ....is it that bad or something worst coming up ahead?????i don't understand why become worst of all steel counters
Mr OTB, is unfair to claim Super investor is sabotaging this counter. His comment is fair and while he can comment, you too can present your view too. Beside, his recent comment is merely a repeat of what he had said before. The price falling not because of him but due to US
Told u already maa..last 2 days is siqnificant volume.They bought PP. Profit at least 10% if they throw 1.2. Then they collect back 10% lower at their PP price 1.10. They are big jerung. They just laugh at you fighting each other.
OTB, they not sabotage you. They even smile if u taught like that.
Posted by godhand > Mar 2, 2018 09:03 AM | Report Abuse
actually koon is not wrong. who is going to buy long steel so many unoccupied building in the town. Chances are there is no point building more
Ans : No point talking, please show proof from BNM whether construction of building is growing or not. Building of condo is not slow down because of population growth. The slow down is on high cost condo, it is replaced with medium cost condo. A 30 storey high cost condo and medium cost condo is consuming equal amount of steel bars. Steel bars are needed equally to build 30 storey condo. Thank you. Ooi
Please ignore all the comments from the old man, he is lonely and got nothing to do. Everyday he wake up check I3 and see write long article to shoot anyone against him. He got no friend, and his supporter also getting lesser n lesser, especially when many people saw his attitude.
Mr OTB, you have been survive in the stock market for so many years, and I can see you are doing very well. So I strongly believe your FA + TA methodology, and I do believe you have better "business sense" than many others.
when trend is down, just admit it. the buy opportunity always there no matter how good it is... nobody can buy at the lowest point, but now you dont know how low is low for MASTEEL. dont predict the future, the price on the board is red now...
The concern goes beyond simply steel prices with the tariff... It's the retaliatory trade war by affected countries... Imagine, steel prices get hiked by tax, affecting prices of finished goods which are exported to the affected countries.. Affected countries pissed, imposed own tariffs, driving up price, bringing down demand... In any event, a tariff hike is seen as bad and induces inflation, which is already the most feared factor that will push interest rates higher this year... So, it's a whole macro thing... Thread carefully
Tariff??? Less construction??? Write without notifying annjoo,lionind,steel are still on track. ayooo. My advice try to get lower at least below 1.05 Steel will play coz Annjoo will play. Annjoo sindiket will goreng due to dividen declare. Please buy my idea!!!
I've always been a supporter of otb bcos I think he's genuine... We should not disregard the opinions of market movers like KYY either... There is no need to fight because I believe contrasting opinions is what makes the market... Take them all in and then make your judgement.. There is no need to get emotional
Share price has retraced by 21% since the release of quarterly result. DISCOUNT! The quarterly result, while not amazing, is still a 200% yoy increase. I dislike how KYY keeps on using the words "reduced profit", which is a blatant lie. It is just that many shareholders have overly high expectation on the quarterly result, probably expecting a 400-500% increase. This is coupled with the drop in DJIA these 2 days which brought the sentiment in the entire market down, not just MASTEEL. Queue buy at RM1.08.
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....
KH Chin
198 posts
Posted by KH Chin > 2018-03-02 07:41 | Report Abuse
Mr Ooi TB
May I know what stocks are you holding now?
Its for me to study as I am new to the environment.