Posted by JustAnAmateur > 2018-03-02 15:18 | Report Abuse

Markets are never wrong, opinions often are

Posted by KLCI King > 2018-03-02 15:20 | Report Abuse

hng33, fantastic analysis sharing

Posted by amet2017 > 2018-03-02 15:27 | Report Abuse

cakap apa apa pun, kalau main dengan sindiket sakit juga akhirnya

Posted by KAQ4468 > 2018-03-02 15:30 | Report Abuse

peduli apa global price increase

yang penting nya Hng33 bought @ 1.36

now current price @ 1.07



Take Profit !!!! Cut WIN !!!


kah kah kah

Posted by KAQ4468 > 2018-03-02 15:31 | Report Abuse

hng33:swap all free up capital from Annjoo to Masteel at 1.36

26/02/2018 16:06



kah kah kah

Posted by uzairbhatti0157 > 2018-03-02 15:38 | Report Abuse

Masteel and Huaan punished badly after qtr results

Posted by WaAdaLui > 2018-03-02 15:41 | Report Abuse

Shanghai Steel Rebar Futures as of 01-Mar-2018 RMB 4195

Posted by revorep > 2018-03-02 15:48 | Report Abuse

Don't panic lar. Malaysia not affected at all but benefit on the U.S. import tax that caused steel price increase

https://www.marketwatch.com/story/trump-steel-tariffs-to-hit-these-8-countries-the-hardest-china-is-not-one-of-them-2018-03-01

Posted by WaAdaLui > 2018-03-02 16:00 | Report Abuse

Who wanto know more about Malaysia steel trade, pls feel to read
"Steel Imports Report: Malaysia" By International Trade Administration

https://www.trade.gov/steel/countries/pdfs/imports-Malaysia.pdf

Posted by WaAdaLui > 2018-03-02 16:03 | Report Abuse

As at 2016 Malaysia is World’s 15th-largest steel importer (8.9 million metric tons)

Posted by iamnew > 2018-03-02 16:03 | Report Abuse

tuan tuan dan puan puan sekalian, when there is high tariff where are the excess steel products both flat and long going to flow of course to other places that is profitable, so even if it doesn't affect Malaysia immediately it will have some diluting effect on global steel prices.

Going forward unless steel prices are going to rise further then long steel companies can expect lower margins, as older stocks have been consume. Thus Ceteris paribus, steel companies will be still be profitable albeit lower margins and thus lower valuation can be expected.

Posted by hng33 > 2018-03-02 16:05 | Report Abuse

As the world leader in steel production, China has a strong influence on the steel industry as a whole. Two years ago, China massive steel output tanked steel prices as supply greatly outweighed demand. As we noted last year, Chinese production was set to decelerate as the Chinese economy shifts away from manufacturing and infrastructure and toward services and more environment friendly industry. This trend is expected to continue as Chinese officials announced last year that the country will decrease steel production by more than 165 million tons by 2020

Why does this matter? As the world leading steel supplier decreases production, demand in the US continues to rise as US trump have upcoming new 1.5 trillion infrastructure work to be construct soon, which will consume massive steel content. Steel demand is also well supported by the rest of the world as more country have adopt own massive infra project to spur their own commence, steel demand will continue to maintain its current momentum.

The current momentum in steel demand is great for steel maker, many steel maker have plan to increase capacity to meet local infra demand as more mega infra project commencing and progressing. As demand increased, so too did supply as improving economic conditions worldwide contributed to a better than expected year for the steel industry. Those conditions contributed to higher steel prices globally

What is global steel price in response to trump import duty!!??

The answer is clear, global steel price all INCREASE

https://www.investing.com/commodities/steel-rebar
.

Posted by uzairbhatti0157 > 2018-03-02 16:07 | Report Abuse

see 1.08 for last time bcz it will drop below 1 nxt week I think so

Posted by moneySIFU > 2018-03-02 16:16 | Report Abuse

Thank you, KYY, for writing the article below.
https://klse.i3investor.com/blogs/koonyewyinblog/149250.jsp

Despite certain matters discussed in the article sound good, but I do not agree with what KYY said, why? I will explain more after getting more information.

KYY has failed in CSCteel even though he had written number of articles about Flat Steel. It proved he was not correct about flat steel. The company's financial results & price movement had confirmed his misjudgement.

Posted by Henly > 2018-03-02 16:19 | Report Abuse

Now the US market are worried of inflation due to steel and aluminium tariff. All of steel products and aluminium products like baseball bat, cans drink, can food, automotive, etc price will increase. That was the reason DJ drop by 400 points last night. The effect is tremendously huge.

Posted by moneySIFU > 2018-03-02 16:20 | Report Abuse

KYY was misleading readers in writing below, because he had not included the bonus effect over the share price. The impact was not as big as what he described.

Anyhow, I thank him for writing such article to push down the price, I will comment again over the weekend to prove him wrong.

------------------------------------
KYY:
That is why a lot of smart shareholders are dumping their holdings to cut loss. The share price has dropped from Rm 1.80 in early January to close at Rm 1.14 per share. It has dropped 66sen, 37 per cent in less than 2 months. No one knows what the bottom is. I advise all readers not to bottom fish because Masteel’s profit will continue to drop for many more years until all the unsold properties are sold.

Posted by Chean Yeh > 2018-03-02 16:20 | Report Abuse

agree, he even confused with the share price of MASTEEL (lmao)

Posted by JackOffAllTrade > 2018-03-02 16:20 | Report Abuse

so meriah here

Posted by Micht > 2018-03-02 16:21 | Report Abuse

wow buy back at this price??!!! Any techinical and fundamental guys will see no road of what you're trying to do? It's like banking in your money to any anonymous account. omg. god bless more sane players in the market.

Posted by GGecko > 2018-03-02 16:21 | Report Abuse

he's telling half the truth, just like many of our politicians from both sides. anyway, i m more inclined to go along with OTB..

Posted by GG_Liang > 2018-03-02 16:22 | Report Abuse

Alzheimer striked. Please don't blame him. 呵呵

Posted by bluebiznet > 2018-03-02 16:22 | Report Abuse

Until all the unsold properties are sold= 100% sold!!! Oh my god... All agent and developer ho seh liao... ALL THE UNSOLD PROPERTIES ARE SOLD....SO GOOD BUSINESS AH

Posted by bluebiznet > 2018-03-02 16:24 | Report Abuse

Yes will below rm 1.00 ... Maybe 0.90 0.80 those who want run then quickly run.

Posted by Zhuge_Liang > 2018-03-02 16:25 | Report Abuse

Posted by moneySIFU > Mar 2, 2018 04:20 PM | Report Abuse

KYY was misleading readers in writing below, because he had not included the bonus effect over the share price. The impact was not as big as what he described.

The price is dropping from 1.40 to 1.06. Not from 1.80.

Posted by revorep > 2018-03-02 16:26 | Report Abuse

Please don't forget Malaysia have steel import duties too to protect local steel manufacturer

Posted by aslm > 2018-03-02 16:36 | Report Abuse

ust simply because Mr. OTB do not want to recommend Jaks to his subscribers, now get revenged by KYY.
I still believe Mr. OTB's strategies of FA + TA on growth stocks, instead of business sense. Superinvestors bough so much of xinquan, jtiasa, mudajaya, cscsteel and etc and what was the price now?
Now he even invested on pipe maker Jaks to build power plant? What is this business sense means?

Posted by STC1136 > 2018-03-02 16:41 | Report Abuse

i am transferring my funds to buy in Masteel & Annjoo next monday.....Hopefully no rebound yet......

Wait for me......

Posted by amet2017 > 2018-03-02 16:42 | Report Abuse

isnin pasti melonjak..hari ini sudah sangat oversold

Posted by hng33 > 2018-03-02 16:42 | Report Abuse

Kyy has failed to understand the usage of steel is NOT only limited to property which consume 5-10% of steel, but he may have on 'purpose' ignore current multi billion mega infra project which is progressing, LRT3, MRT2, ECRL, SUKE, DASH, as much as 20-25% of steel content in overall cost is consume in elevated highway/railway, and as much as 40% content in MRT2 is underground which require even more steel content to construct.

Posted by hollandking > 2018-03-02 16:44 | Report Abuse

depends on what trump going to throw today

Posted by KAQ4468 > 2018-03-02 16:44 | Report Abuse

peduli apa mega infra project which is progressing, LRT3, MRT2, ECRL, SUKE, DASH


yang penting Hng33 Bought @ 1.36


now 1.07



kah kah kah !!!!!!

Posted by BB1218 > 2018-03-02 16:45 | Report Abuse

kyy very small gas ....just focus on his Jaks la....

Posted by STC1136 > 2018-03-02 16:48 | Report Abuse

Don't understanding the steel counter sell down like lost making business even is only because of the other country tariff hike, seems like tomorrow Annjoo/Masteel need to make lost, or steel price going to crash tomorrow......

Posted by hng33 > 2018-03-02 16:49 | Report Abuse

If no mistaken, previously, it is kyy seeking OTB to help him manage his portfolio and OTB have opt to cut loss in kyy jtiasa, and swap to other like liihen to save kyy and allow kyy to profit handsomely later

Posted by STC1136 > 2018-03-02 16:58 | Report Abuse

Masteel investers has many using margin to invest. these 2 days many have cut lost, cut margin, top up money....some cut with huge lost......becareful.....

3 days trading after Q4 results, masteel has traded more than 60 mil share, is about 14% of Masteel total share change hand....

I personally feel that Masteel will rebound after touch 1.00 by next week.....

Posted by STC1136 > 2018-03-02 17:18 | Report Abuse

very soon, Ford, General Motor and many more need to closed down their factory in US, as their car manufactured in US can not sell to other country, shift their factories to other countries due to this stupid tariff policy......

Posted by brightsmart > 2018-03-02 17:29 |

Post removed.Why?

Posted by Azman Mohamad Zanal > 2018-03-02 17:40 | Report Abuse

To many smart trader here talk like they are good than IB analyser officer...all cakap hentam...to much speculation....just ignore it....nanti sudah sejuk rebound la tu.

Posted by aslm > 2018-03-02 17:42 | Report Abuse

just simply because Mr. OTB do not want to recommend Jaks to his subscribers, now get revenged by KYY.
I still believe Mr. OTB's strategies of FA + TA on growth stocks, instead of business sense. Superinvestors bough so much of xinquan, jtiasa, mudajaya, cscsteel and etc and what was the price now?
Now he even invested on pipe maker Jaks to build power plant? What is this business sense means?

Posted by WaAdaLui > 2018-03-02 17:44 | Report Abuse

KYY : Ipoh mana ada LRT MRT or Highway project bikin.

OTB : KL ada manyak, lagi Kuantan & Johor ada bikin Jalan keretapi.

KYY : Itu dia orang punya pasal, I tak nampak. Apa saya nampak Ipoh rumah baru takada bikin, Highway takada bikin, apa lanjiao pun takada. Rumah hapis bikin takada orang mau bili.

OTB : Ini macam ka? Mau saya bawah boss pigi jalan jalan tenggok tenggok ka?

KYY : Saya sibuk pasal JAKS, wa takada masa Diu9 lu. Pigi jalan jalan, lu ingat saya manyak free ka.


---------------------------------------------------
hng33 Kyy has failed to understand the usage of steel is NOT only limited to property which consume 5-10% of steel, but he may have on 'purpose' ignore current multi billion mega infra project which is progressing, LRT3, MRT2, ECRL, SUKE, DASH, as much as 20-25% of steel content in overall cost is consume in elevated highway/railway, and as much as 40% content in MRT2 is underground which require even more steel content to construct.

Posted by lizi > 2018-03-02 17:48 | Report Abuse

Waadalui, so funny lol

Posted by pilot20 > 2018-03-02 17:51 | Report Abuse

still holding..losing more than 20k. steady guys, it will rebound, overdone imho.

Posted by hng33 > 2018-03-02 17:56 | Report Abuse

China rebar steel price increase in response to Trump duty hike

Rebar Steel 4088.12 2018-03-01
Rebar Steel 4059.29 2018-02-28
Rebar Steel 4055.71 2018-02-27
Rebar Steel 4042.14 2018-02-26
Rebar Steel 3922.14 2018-02-25
Rebar Steel 3922.14 2018-02-24

Posted by JackOffAllTrade > 2018-03-02 17:58 | Report Abuse

Happy Friday all

Posted by aslm > 2018-03-02 18:05 | Report Abuse

just simply because Mr. OTB do not want to recommend Jaks to his subscribers, now get revenged by KYY.
I still believe Mr. OTB's strategies of FA + TA on growth stocks, instead of business sense. Superinvestors bough so much of xinquan, jtiasa, mudajaya, cscsteel and etc and what was the price now?
Now he even invested on pipe maker Jaks to build power plant? What is this business sense means?

Posted by tehka > 2018-03-02 18:26 | Report Abuse

Mr Koon what happened oh? I though sifu and you, both are buddy buddy? I even saw a nice photo of you two go visit the Jaks site. No more buddy buddy because he don't want to support your Jaks is it? Your Jak doing well what, even without sifu otb buying it. Today is up 1 sen.
Even that eversendai also can up 1 sen what..
Let this masteel leonfuat lionind ssteel choobee alone can?

Posted by StockLover81 > 2018-03-02 18:29 | Report Abuse

Agreed with aslm. Self proclaimed super investor and philanthropist in fact he is a stingy, cunning, arrogant, low standard dirty old man. He has a good business sense but still failed in Xinquan, Focus Lumber, Eversendai and etc. he donated for student hostel in fact he was robbing money from the poor to pay for the donation. He teach people to sialang and chase high in Heng Yuan for him to sell his share. Most of the profit that he earned is from the poor/retailers . We all know that retailers are from the bottom of the pyramid. He robbed the poor and donate back to the poor and he earn the name. He will use the good name to continue write blog and teach his supporters and followers to sialang again. We should unveil his fake mask!

Posted by Goldchia MH > 2018-03-02 18:37 | Report Abuse

https://m.facebook.com/story.php?story_fbid=1849441071734170&id=1200094743335476

Buy call Monday

Posted by aslm > 2018-03-02 19:15 | Report Abuse

I really think that KYY is the shark gang to absorb Masteel. He keep telling people to cut loss. Is he really has good intention? He never advise people to cutloss. I really think he has hidden agenda. He know OTB will support Masteel, so he talk bad on Masteel and bottom fishing. Shame on KYY!

Posted by WaAdaLui > 2018-03-02 20:03 | Report Abuse

OTB: Boss Y lu always cakap bad on Masteel?

KYY: Ini bukan lu punya pasal. Lu duduk tepi tenggok wayang show sudah la.

OTB: Apa wayang show Boss bikin?

KYY: Apa saya bikin mau bili tau lu ka!

OTB: Ok Ok boss jangan marah la. Jaga lu punya badan. Sudah old ma. Mau jaga sikit.