MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.33

Today's Change

+0.005 (1.54%)

Day's Change

0.315 - 0.33

Trading Volume

971,300


18 people like this.

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

hng33

20,351 posts

Posted by hng33 > 2018-03-05 12:17 | Report Abuse

1. China has announced plans for reduction of 25m to 35m mt of steel capacity in 2018. China wants to enforce stringent environmental controls and focus towards quality production.

2. SEA countries will benefit from huge infrastructure spending and China Belt-Road initiatives.

3. Domestic demand for construction steel is expected to pick up, driven by large-scale infrastructure and development projects such as MRT2, LRT3, ECRL, HSR, SUKE, DASH etc.

4. All local long steel maker are not exporting to US, so US global tariff on all steel imports is not going to affect it.

UnicornP

2,817 posts

Posted by UnicornP > 2018-03-05 12:18 | Report Abuse

Wah if Trump collects steel stocks now and later he says he doesn't want tariff liao. He mai earn another big bucks??

moneySIFU

5,864 posts

Posted by moneySIFU > 2018-03-05 12:21 | Report Abuse

Whether it is fully valued, it's up to the market to decide and anyone can express his feeling about share price.

I always think that market is very emotional, it could be like end of world one week & out of certain, world has never been so good in the next week.

All the time people said: buy low sell high.

The FACTS are:
When price is low, they expect lower & never buy.
When price is high, they expect the price can be higher & never sell.

moneySIFU

5,864 posts

Posted by moneySIFU > 2018-03-05 12:23 | Report Abuse

If no drop, how to buy cheaper? If no up, how to sell higher later?

Think like the market, you'll never make money. Always think ahead of market & act differently to the market.

HuatRex

2,617 posts

Posted by HuatRex > 2018-03-05 12:24 | Report Abuse

Adding more

moneySIFU

5,864 posts

Posted by moneySIFU > 2018-03-05 12:25 | Report Abuse

Anyway, don't go all in for any stock, if buy, buy progressively & wisely.

If think market is not good, better stay sideline to look & see.

Teong77

26 posts

Posted by Teong77 > 2018-03-05 12:26 | Report Abuse

要选择跑就应该1.2多就走人。。现在1.01有点迟了。

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-05 12:28 | Report Abuse

hng33 1. China has announced plans for reduction of 25m to 35m mt of steel capacity in 2018. China wants to enforce stringent environmental controls and focus towards quality production.

2. SEA countries will benefit from huge infrastructure spending and China Belt-Road initiatives.

3. Domestic demand for construction steel is expected to pick up, driven by large-scale infrastructure and development projects such as MRT2, LRT3, ECRL, HSR, SUKE, DASH etc.

4. All local long steel maker are not exporting to US, so US global tariff on all steel imports is not going to affect it





kah kah kah !!!!!



Hng33 bought @ 1.36

now 1.00




wakakakakaka



really bijak saham ... king of i3 Sifu !!!


kah kah kah

Posted by coldinvestor > 2018-03-05 12:29 | Report Abuse

现在还不迟, 等到RM0.800 就卖不下手了。

ks5S

4,601 posts

Posted by ks5S > 2018-03-05 12:30 | Report Abuse

kah kah kah kah

bgt9963

572 posts

Posted by bgt9963 > 2018-03-05 12:35 | Report Abuse

?????.....!

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-05 12:35 | Report Abuse

Hng33 really champion ... best sifu in i3 history


bought Masteel @ 1.36
now 1.0


bought Ann Joo @ 3.61
now 3.35


kaw kaw punya bijak saham !!!


All portfolio capital already fully invested, Annjoo resume back as portfolio largest stake follow by Masteel.


bapak segala Sifu !!!!

M16s

296 posts

Posted by M16s > 2018-03-05 12:39 | Report Abuse

KAQ4468, people lose money , you so happy. This kind of human nature. No wonder the world is so messy now. Haha

Posted by Steven Tan > 2018-03-05 12:41 | Report Abuse

""At my age, I am not afraid to tell the truth even though Mr Ooi will be very angry with me for cracking his rice bowl."" Quote from KYY.

Such a cruel old person. KYY is a terrible person , EGO bigger than a mountain. Just because OTB doesn't buy into JAKS, he is cracking OTB's rice bowl and even admit it!!!

Posted by JustAnAmateur > 2018-03-05 12:41 | Report Abuse

curious2 don't badmouth OTB later he will curse you bankrupt

curious2

1,812 posts

Posted by curious2 > 2018-03-05 12:41 | Report Abuse

No wonder OTB dare not take part in TKW 2018 stock competition. Both HRC and Masteel lau sai.

Posted by Mohd Fahmi Bin Jaes > 2018-03-05 12:43 | Report Abuse

Sell

Posted by Steven Tan > 2018-03-05 12:44 | Report Abuse

Be careful with Masteel....KYY wants to prove that he is right and to keep his ego, i think he will purposely crash down Masteel price to win...he may lose a few millions in the process but what's that to the old man?? He will donate his money away after all, but he needs his big fat EGO .

SALAM

1,071 posts

Posted by SALAM > 2018-03-05 12:45 | Report Abuse

Those who follow OTB blindly also lausai.......

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-05 12:55 | Report Abuse

kesian nyeeeee....



yang The Best i3 Sifu ni lagi kesian



bought Masteel @ 1.36
now 1.0


bought Ann Joo @ 3.61
now 3.35



All portfolio capital already fully invested, Annjoo resume back as portfolio largest stake follow by Masteel.



kah kah kah




Bapak Segala Sifu !!!!!

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 12:58 | Report Abuse

whom bought above 1.20 only to cut loss now will severely injured rather than whom hold until market recover. You should cut loss when above 1.20.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 13:00 | Report Abuse

i agree us tariff will cause foreign steel export to us become more expensive, so global will have cheap steel.

but msia do have applied anti dumping, protect cheap steel from enter our own market

as long as this imply, rebar price will sustain

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-05 13:02 | Report Abuse

u should buy @ 1.36

tak percaya ?? must ask Hng33 ..


Dia banyak pandai saham wooo... really clever ... don't play play

JN88

11,670 posts

Posted by JN88 > 2018-03-05 13:03 | Report Abuse

Trump buy US steel counter, then said to 25%. All increases. Then sell, buy oversea steel counter.

After that said cancel tax or reduced. Oversea all up. Earn second round.

You see easy money. More important this week steel, next week car, next week condom, next week bla..... Bla..... Bla

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 13:05 | Report Abuse

and do remember msia steel will NOT directly impact on the tariff bcoz we export only little to US. the impact only happen when exporters to US cannot sell there so have to lower it cost or sell to other countries.. other countries will not be msia as we already had anti dumping.

it need time to see the real scenario.. probably in Q3.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 13:08 | Report Abuse

JN88, the theory might be correct but economically is were not like that. US steel now facing similar problem with msia steel in 2015. Then association brought up this to gov and threaten to stop production, cause unemployment etc.Then only msia gov apply anti dumping.

What US plan to do now is the same thing. Protect own steel industry and its workers.

JN88

11,670 posts

Posted by JN88 > 2018-03-05 13:10 | Report Abuse

Superpanda: malaysia got 15% tax + transport fee.... Impossible they go import.

Just sapu till mother can't recognised.

Today I will use my command sense to buy.

Hiatus

1 posts

Posted by Hiatus > 2018-03-05 13:18 | Report Abuse

This is the world now, human nature are delightful when see people lose money, that's how we generate the hatred towards the wealthy

Calvin882

1,562 posts

Posted by Calvin882 > 2018-03-05 13:21 | Report Abuse

Great price to sapu

1686

29 posts

Posted by 1686 > 2018-03-05 13:22 | Report Abuse

1. Canada 16%
2. Brazil 13%
3. South Korea 10%
4. Mexico 9%
5. Russia 9%
6. Turkey 7%
7. Japan 5%
8. Taiwan 4%
9. Germany 3%
10 India 2%

US import steel from above.

Mean Malaysia will have cheap products competition from Korea, Japan, Taiwan since these country have excess capacity

1686

29 posts

Posted by 1686 > 2018-03-05 13:23 | Report Abuse

Hence impact is not Malaysia export to US, is all affected countries will damp to other countries for their excess capacity

JN88

11,670 posts

Posted by JN88 > 2018-03-05 13:24 | Report Abuse

1686: how much the cost to transport all the steel here? You think malaysia near to Korea Japan Taiwan ar? Unless they Dell rm 1-1.5k per tonne lo

Posted by uzairbhatti0157 > 2018-03-05 13:25 | Report Abuse

Now it's a panic situation ....

Posted by uzairbhatti0157 > 2018-03-05 13:26 | Report Abuse

Might close at 0.9 today ??? By looking at past few days trend

LATO' SELI

394 posts

Posted by LATO' SELI > 2018-03-05 13:27 | Report Abuse

Soon 50-60 Sen looohh

1686

29 posts

Posted by 1686 > 2018-03-05 13:31 | Report Abuse

Malaysia steel export market is heavily affected since customers have cheaper source of raw material.

Posted by Mohd Fahmi Bin Jaes > 2018-03-05 13:32 |

Post removed.Why?

1686

29 posts

Posted by 1686 > 2018-03-05 13:32 | Report Abuse

It is like chain reaction , Jap , Korea , Taiwan damp steel to neigbour countries, eg Vietnam

Than Vietnam producer will sell excess capacity to south east asia

aslm

379 posts

Posted by aslm > 2018-03-05 13:36 | Report Abuse

Yes, end of world now. Those talking bad please do not buy!

Posted by Azman Mohamad Zanal > 2018-03-05 13:45 | Report Abuse

This forum full of personal attack bad influence and fake news....very sad..

Kesley Tan

2,082 posts

Posted by Kesley Tan > 2018-03-05 13:49 | Report Abuse

if purely based on last Q, annjoo and ssteel are much better than masteel.

apple168

6,236 posts

Posted by apple168 > 2018-03-05 13:54 |

Post removed.Why?

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 13:54 | Report Abuse

if pure base last Q, i think ssteel better

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 13:55 | Report Abuse

only that you need higher capital, ssteel 2 times price of masteel, that the reason i bought masteel

1686

29 posts

Posted by 1686 > 2018-03-05 13:56 | Report Abuse

aslm.......taking bad ..............please differenciate talking bad and talking facts

Azman Mohamad Zanal ....Please show proof/data that my info is fake




If Malaysia steel market is not affected why would steel counter fall 3% to 6%

LaoKoon

1 posts

Posted by LaoKoon > 2018-03-05 13:59 | Report Abuse

Me ah koon will wait at 0.50, sinkalan still so siao lan lan, wakakakakakaka!!!!!!!!!!

End of the world is coming like it trades better cut loss and run before you sinkalan

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 14:00 | Report Abuse

no need to see your trade acc now, better drink coffee and chill out. please do believe mr market always wants to recover and will be recover becoz its the place for fund and IBs to earn money. they will bring market up once the times comes

so BE PATIENT

but uncertainty will prolonged until US confirmed its tariff and the impact after tariff implement

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 14:01 | Report Abuse

if china retaliate by impose tariff on US soy, then whoever hold palm oil will benefit. in every problem, there will be opportunity

Lee Yih Yeong

1,771 posts

Posted by Lee Yih Yeong > 2018-03-05 14:02 | Report Abuse

harga keluli dunia jatuh teruk..

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