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

STC1136

977 posts

Posted by STC1136 > 2018-03-05 14:11 | Report Abuse

All malaysia steel counter now is facing related affect like one house kena fire in the big kampong, but later spread to second & third house, it just like a link chain from one to another.

Example supplier sell to a manufacturer in china who customer is based on malaysia which export to US, ends up all the steel products to US.

Remember is all steel product.

So the whole world manufacturer need to reduce their production as orders start to cancel since Feb 2018.

Till May 18 will realise more actual picture.....

aslm

379 posts

Posted by aslm > 2018-03-05 14:18 | Report Abuse

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

pitbull

1,438 posts

Posted by pitbull > 2018-03-05 14:19 | Report Abuse

图表变化万千,扶持的力量随时一变就有可能变成卖出的主力。

再次验证了老前辈们的精华,跌下来的刀子不要接,局势还没有稳定前不要出手。我们不要去期望我们捉到底部,因为那不是我们的功夫。
只有等大户们战斗,做出底部来,我们才进场,最少我们和大户是同一阵线。

跌下来的刀子,很有可可能就是庄家卖的票。如果是庄家卖票,恐怕就是最后的跑机会,更加不可能进场买。
庄家卖股就是代表这股已经没有未来了,我们更加不可能买进。

再一次验证,大家也学到了,跌下来的刀子不要接,看清楚等机会,没有看清楚就进场就算这次赢了下次也会输回去。

pitbull

1,438 posts

Posted by pitbull > 2018-03-05 14:19 | Report Abuse

BETTER RUN

pitbull

1,438 posts

Posted by pitbull > 2018-03-05 14:20 | Report Abuse

TA CHARTS SHOW...BIG DOWN TREND

pitbull

1,438 posts

Posted by pitbull > 2018-03-05 14:20 | Report Abuse

BANKER RUN ALREADY

STC1136

977 posts

Posted by STC1136 > 2018-03-05 14:48 | Report Abuse

The below article is well said. Therefore sell & parking aside will be a best choice as you don't know hog big the impact is. Holding power with cash you may want to fight for a rebound. If TRUMP made u turn and nothing happen, rebound will start to go.

http://klse.i3investor.com/blogs/kianweiaritcles/149588.jsp

Posted by Azman Mohamad Zanal > 2018-03-05 14:51 | Report Abuse

1686 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%
05/03/2018 13:56

................................................................................................................................................
@1686...i never trigger buy/sell signal here....i never said price will drop until 50 cent...
i never said i will que at 75 cent....why because it can cause bad influence and fear whether u intention try to buy low or not.
i admit i have lost on Masteel but only 1000 ringgit and i still hold. i can cut loss anytime if i i want. i never blame anybody or ask anybody to follow me to cut loss.I want all trader to profit form stock.
Masteel is only 10% of my portfolio.

U posts said that :-

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

- 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

- Mean Malaysia will have cheap products competition from Korea, Japan, Taiwan since these country have excess capacity
Hence impact is not Malaysia export to US, is all affected countries will damp to other countries for their excess capacity

Can i know whose write this news .....or it just your though.?

cause i overlook this statement on any news....anyway good posts.

thanks for your comment and iam sorry if i am wrong... i pray u will profit on stock trading.

Lsi54

53 posts

Posted by Lsi54 > 2018-03-05 14:52 | Report Abuse

Opportunity, wait at 1.00 haha

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-03-05 14:53 | Report Abuse

Trumps tweet six hours ago: We are on the losing side of almost all trade deals. Our friends and enemies have taken advantage of the U.S. for many years. Our Steel and Aluminum industries are dead. Sorry, it’s time for a change! MAKE AMERICA GREAT AGAIN!

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-03-05 14:54 | Report Abuse

He's persistent n serious

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-03-05 15:11 | Report Abuse

paktua you pinya change mali lor ...below 1 RM now aiyoyoyo

Outliar

302 posts

Posted by Outliar > 2018-03-05 15:12 | Report Abuse

Holland

lextcs

1,961 posts

Posted by lextcs > 2018-03-05 15:16 | Report Abuse

so bad meh...sell like no tomorrow...company going bust izzit?

ccheinn

188 posts

Posted by ccheinn > 2018-03-05 15:17 | Report Abuse

how low you wanna buy, lower high, lower low.. the price tell you what to do. you go against the trend then you hold under pressure.. exactly what pitbull mentioned. here no "i think", the price is the fact. it was never too late to admit mistake...

lextcs

1,961 posts

Posted by lextcs > 2018-03-05 15:19 | Report Abuse

yalor...don't catch a falling knife

paktua73

18,283 posts

Posted by paktua73 > 2018-03-05 15:20 | Report Abuse

old man fight hard eat many time at 0.995
now paktua nak mampus he he
huge ready hld all avrrge 1.01++
tut tut
trus gila meroyan

1686

29 posts

Posted by 1686 > 2018-03-05 15:21 | Report Abuse

Azman Mohamad Zanal

................................................................................................................................................
@1686...i never trigger buy/sell signal here....i never said price will drop until 50 cent...
i never said i will que at 75 cent....why because it can cause bad influence and fear whether u intention try to buy low or not.
i admit i have lost on Masteel but only 1000 ringgit and i still hold. i can cut loss anytime if i i want. i never blame anybody or ask anybody to follow me to cut loss.I want all trader to profit form stock.
Masteel is only 10% of my portfolio.


@ Azman ....in share market we end up gain or lose....hope u make money in future

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-05 15:26 | Report Abuse

no economy can stand alone. If trump insist steel/alum, then it export will be in risks. All inter related. Only how much it will impact.

BTW, i never believe trump bcoz their advisors are israeli. Israeli always play trick to earn more. This is just another trick to manipulate economy.

Posted by uzairbhatti0157 > 2018-03-05 15:30 | Report Abuse

worried abt US market today and how it will affect Malaysia market.............thats for sure malaysia market drop when US drop but dont get up when US up......silly game

teoct

480 posts

Posted by teoct > 2018-03-05 15:41 | Report Abuse

It is too simplistic to say that SKorea, Japan and the other countries that export to US will immediately stop exporting to US and thus divert all their export to poor Malaysia. Please think deeper. Please do not forget that there is already an import duty imposed on steel bar coming to Malaysia since 2017 to 2019.

This is really a knee-jerk reaction out of all proportion as book value is about RM2 now selling for RM1, MOS is 100%. BUY!!!

iamnew

29 posts

Posted by iamnew > 2018-03-05 15:46 | Report Abuse

Simplistic and to think deeper is not SKOREA, JAPAN or other countries will export to Malaysia despite Malaysia steel tariff but the impact on global steel prices for April, May and Jun earnings...think deeper......

Masteel

94 posts

Posted by Masteel > 2018-03-05 15:47 | Report Abuse

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

Scenario 2
PAT Q4'18 12.15m x 4 = RM48.6
EPS = RM0.1138
PE 8 = 0.91

I REPEAT. MASTEEL ONLY WORTH 0.84 - 0.91.

Dartmaster

1,029 posts

Posted by Dartmaster > 2018-03-05 15:49 | Report Abuse

Dow will definitely crash tonight seeing how all SMall and Medium enterprise are affected by the higher steel price in US gonna be worse tomorrow until bloody trump decides to cancel the tariffs.

aslm

379 posts

Posted by aslm > 2018-03-05 15:49 | Report Abuse

You are so kind.. may god really bless you!

Masteel 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

Scenario 2
PAT Q4'18 12.15m x 4 = RM48.6
EPS = RM0.1138
PE 8 = 0.91

I REPEAT. MASTEEL ONLY WORTH 0.84 - 0.91.
05/03/2018 15:47

Stockwiser

263 posts

Posted by Stockwiser > 2018-03-05 15:51 | Report Abuse

Do you think share price can determine in this way ? Dun act like exert la.

Posted by theloneranger > 2018-03-05 15:53 | Report Abuse

aslm....it would be an optimist who think they can make $ 50m a year .....

maybe lose $ 50 m a year.

amy898

244 posts

Posted by amy898 > 2018-03-05 15:56 | Report Abuse

not masteel drop other counter also big drop

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-03-05 16:00 | Report Abuse

all drop~ excluded Nestle hahaha

HuatRex

2,617 posts

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

Please help support the price. I keep buying at 1.00.

Micht

85 posts

Posted by Micht > 2018-03-05 16:06 | Report Abuse

hng33 must be sweating hard now.

Mo Guy

4 posts

Posted by Mo Guy > 2018-03-05 16:17 | Report Abuse

When will this end ?

hng33

20,351 posts

Posted by hng33 > 2018-03-05 16:19 | Report Abuse

The panic selloff pressure is overdone, time is due to rebound

HuatRex

2,617 posts

Posted by HuatRex > 2018-03-05 16:19 | Report Abuse

Thanks to Donald duck. Ppl are panic over his policy. Bravo

Posted by JustAnAmateur > 2018-03-05 16:26 | Report Abuse

want to hear a joke?
Masteel will rebound

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-05 16:27 | Report Abuse

hng33 The panic selloff pressure is overdone, time is due to rebound

05/03/2018 16:19



Panic selloff ????

kah kah kah


lu angkat 1.36 ... now 1.0


wakakakakaka

Posted by uzairbhatti0157 > 2018-03-05 16:27 | Report Abuse

Agreed d trump did something to steel and aluminium sector but why whole sectors reacted....almost all sectors bleeding...few weeks back semi conductor and steel were strong sectors but now see them falling like sand castle

Posted by uzairbhatti0157 > 2018-03-05 16:29 | Report Abuse

Hng33 thanks for encouraging words like rebound. it's not over till US stable today otherwise ready for deep dive tomorrow

KLCI King

3,220 posts

Posted by KLCI King > 2018-03-05 16:37 | Report Abuse

If no drop how to get chance to buy cheap?

cksam

752 posts

Posted by cksam > 2018-03-05 16:40 | Report Abuse

Investorss, be careful. Today the Hangseng Index has drop 697 points to 29,886. This can be considered drastic. The Hangseng and Nikkei is quite core-related to the Dow Jones as both of them can be considered as the bell weather of the Far East market.

A drastic drop of both means tonight Dow Jones might plunge. Hopefully the Dow will not plunge more than 500 points if not there will be another day of big selloff tomorrow in Asia.

Better be safe than sorry.

Happy Trading

wingold

154 posts

Posted by wingold > 2018-03-05 16:46 | Report Abuse

thanks to president trump to buy cheap at great discounted price

hng33

20,351 posts

Posted by hng33 > 2018-03-05 16:48 | Report Abuse

US future already pare down loss from more than -200pts to less than -30pts. If sentiment improved, US index may turnaround into positive, offer rebound support for local tomorrow.

Masteel

94 posts

Posted by Masteel > 2018-03-05 16:51 | Report Abuse

How much do you know about masteel ? Back to your tek seng please. dont be sumseng.

Posted by stockwiser Mar 5, 2018 03:51 PM | Report Abuse

Do you think share price can determine in this way ? Dun act like exert la.

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-03-05 16:57 | Report Abuse

几天罢了~就从1.80 掉到1.00 无言

michaelwong

3,072 posts

Posted by michaelwong > 2018-03-05 16:59 | Report Abuse

Even rebound all run like no 2morrow for every single ct rebound. Cannot cari makan Liao.

hng33

20,351 posts

Posted by hng33 > 2018-03-05 17:01 | Report Abuse

European market already on recovery mode. If US index turnaround, tomorrow is right time for rebound

michaelwong

3,072 posts

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

Die deep deep and need many many donkey yrs to recover. Up need yrs and yrs. Down invisible....... scary lo.... don't play play

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

贸易战已经悍然打响, 美国的贸易战行为在未来会不断升级。

Posted by Neutral_Party > 2018-03-05 17:07 | Report Abuse

@Masteel: Please don't use such word. As human being, it is normal for us to believe in anything when hopeless. Hng33 could be someone who earn the living by selling his analysis skill and experience to help people to make profit. I would certainly said his FA and TA are good, but the stock is influenced by too many factors. Perhaps he should not come out with word to let us felt "sure win". Then we will have high expectation and human reaction want to see him fail.

Just take those commends, opinion and nonsense tp as norm in this forum. Those who never lose money yet, please don't laught (wingold). If you want to thanks Trxmp, please do it silently.

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