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

lanjiolang

702 posts

Posted by lanjiolang > 2018-03-05 22:54 | Report Abuse

just open mah, wait closing lah. go sleep first. talk to you all tmr.

SuperPanda

11,431 posts

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

Trump wont dare to implement tariff. Within a week mrkt will be rebound. Even it will help local steel industry, it will impact on its automaking and can beverage or others alum products internally.

SuperPanda

11,431 posts

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

This is not financial crisis. why need to panic sell.

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-03-05 23:20 | Report Abuse

The domino effect

hstha

3,324 posts

Posted by hstha > 2018-03-05 23:33 | Report Abuse

Even if he imposes tariffs on steel, Malaysian steel makers will barely get affected. You should not worry more than Korean and Japanese investors do.

hstha

3,324 posts

Posted by hstha > 2018-03-05 23:55 | Report Abuse

But a good thing is that you can buy many good Malaysian stocks at a low price now. I will accumulate much more Malaysian good stocks this week.

hstha

3,324 posts

Posted by hstha > 2018-03-06 00:09 | Report Abuse

Malaysia's trade exports grow 17.9% to RM82b

"The main contributors to the increase were exports of electrical and electronic (E&E) products which surged by 27.1%, followed by chemicals and chemical products (23.4%), iron and steel products (60.9%), optical and scientific equipment (18%), manufactures of metal (14.8%) as well as transport equipment (32%)."
Read more at https://www.thestar.com.my/business/business-news/2018/03/05/malaysia-trade-exports-grow-17pt9pct-to-rm82m/#L5isskXlpjLvwyKJ.99

aiinvestor

801 posts

Posted by aiinvestor > 2018-03-06 00:17 | Report Abuse

iron and steel products (60.9%)

spectre007

1,408 posts

Posted by spectre007 > 2018-03-06 00:26 | Report Abuse

DJI very green now

Posted by syedluqman > 2018-03-06 05:14 | Report Abuse

Wait!!! Big rebounce today.. trump cancel 25% tarif

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-03-06 06:44 | Report Abuse

Its actually worrisome because trumps tariffs will increase steel supply which can lower the world's steel price

Posted by TheLegend27 > 2018-03-06 07:22 | Report Abuse

tariff will increase the cost of selling while profit reduce. provided u export to US

Posted by TheLegend27 > 2018-03-06 07:23 | Report Abuse

DJI green but tariff still there. just that today candle subsided and shorter than yesterday

Ooi GC

47 posts

Posted by Ooi GC > 2018-03-06 07:31 | Report Abuse

The real fear behind this is not the tax tariff on imported steels and alu. It's the retaliation actions from other countries that the traders around the world fear.

Posted by Sharemaster8 > 2018-03-06 07:55 | Report Abuse

Good time to accumulated at low price. Panic sell has gone..

Posted by Sharemaster8 > 2018-03-06 07:56 | Report Abuse

Buy at weaknes

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-06 07:59 | Report Abuse

retaliation and excess of steel/alum supply in origin country, excess need to dump somewhere

aiinvestor

801 posts

Posted by aiinvestor > 2018-03-06 08:24 | Report Abuse

spoofing tactic to scare investors. haha

Malaysia exports "a very minimal amount" of steel to the US.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-06 08:36 | Report Abuse

i believe if rebound ssteel will be in better position than masteel and if rebound will be in weak pace

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-06 08:37 | Report Abuse

need to be patient... a lot of it.

tecpower

3,536 posts

Posted by tecpower > 2018-03-06 08:43 | Report Abuse

According to Malaysian Iron and Steel Industry Federation president Datuk Soh Thian Lai (pic), Trump’s trade actions’ actual potential financial effects on local steel players are limited.

“The impact is not severe because Malaysia only exported 96,000 tonnes to the United States out of 34 million tonnes which it imported (in 2017). Malaysia’s imports from the United States only took up 0.28%, and Malaysia mainly exported flat products to the United States,” he told StarBiz.

tecpower

3,536 posts

Posted by tecpower > 2018-03-06 08:48 | Report Abuse

“Trump’s action to use Section 232 of the Trade Expansion Act of 1962 in view of national security reasons was totally uncalled for because currently, those high-end steel products for automotive, aeroplane and transportation industries are mostly imported,” Soh added.

cend0l

188 posts

Posted by cend0l > 2018-03-06 08:59 | Report Abuse

To protect our Country we must protect American Steel! #AMERICA FIRST - Trump

cend0l

188 posts

Posted by cend0l > 2018-03-06 08:59 | Report Abuse

To protect our Country we must protect American Steel! #AMERICA FIRST - Trump

Posted by coldinvestor > 2018-03-06 09:03 | Report Abuse

You will be informed with 'Sold back all at 1.07-1.08 with handsome profit if price drops back to 1.02-1.03'.

tecpower

3,536 posts

Posted by tecpower > 2018-03-06 09:03 | Report Abuse

AmInvestment Bank Research said
“But we have protection measures from the Government so it should be okay (for companies locally). I believe that South Korea and Canada would experience the most impact from Trump’s announcement. But China’s exports to the United States is also not that high,” he said.

“Steel stocks falling is an overreaction to the news and I don’t foresee much of an impact. If demand does not pick up, then we might see steel prices going down but the demand outlook so far remains good,” he added.

paktua73

18,283 posts

Posted by paktua73 > 2018-03-06 09:12 | Report Abuse

old man love masteel..
sold back 55% at 1.07,1.06
release the burden and secure back capital lock back big profit..
its just tactical step for fight more strong later
old man hold huge one here
avrrge 1.01++
up 1 sen also means a lot..
tut tut
always dare to buy when mega correction happen

ConMan

146 posts

Posted by ConMan > 2018-03-06 09:12 | Report Abuse

Take profit first of my Masteel. Thank you Hng33

csl1991

245 posts

Posted by csl1991 > 2018-03-06 09:14 | Report Abuse

Trade war and tariff fear dissipate. Expect a stronger rebound.

JN88

11,670 posts

Posted by JN88 > 2018-03-06 09:27 | Report Abuse

So happy ar? Today DJ down ya

long_chl

20 posts

Posted by long_chl > 2018-03-06 09:34 | Report Abuse

like bor lat d

Mo Guy

4 posts

Posted by Mo Guy > 2018-03-06 09:55 | Report Abuse

It seems like kenot go up liao TAT

JN88

11,670 posts

Posted by JN88 > 2018-03-06 10:05 | Report Abuse

All investors here so low class how to go up?

andrewong

126 posts

Posted by andrewong > 2018-03-06 10:05 | Report Abuse

ppl sell. we buy

hng33

20,351 posts

Posted by hng33 > 2018-03-06 10:33 | Report Abuse

Portfolio sold back all masteel at 1.06 early moring, lock 2 sen/share contra loss, free up capital. Now aim to buyback later

ConMan

146 posts

Posted by ConMan > 2018-03-06 10:42 | Report Abuse

JN88, only the stupid will go against the market force.

imokay

83 posts

Posted by imokay > 2018-03-06 10:46 | Report Abuse

drop back to 1.01

Masteel

94 posts

Posted by Masteel > 2018-03-06 10:47 | 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.

Ooi GC

47 posts

Posted by Ooi GC > 2018-03-06 10:50 | Report Abuse

Keep repeating as you may. Your price is at best a historical representation. You're not even forward looking. Are you investing in the stocks for 1year before or for the future?

Posted by MoneyMustCome > 2018-03-06 10:52 | Report Abuse

Masteel: want to buy lower? hehehehe

hng33

20,351 posts

Posted by hng33 > 2018-03-06 10:53 | Report Abuse

bought back all masteel at 1.01, reverse into intraday gain.

ConMan

146 posts

Posted by ConMan > 2018-03-06 10:54 | Report Abuse

All the investors is free to talk, they are short term,middle term and long term. As long as can make profit is the smart investors.

Posted by coldinvestor > 2018-03-06 11:00 | Report Abuse

Sailang at 1.01 with unlimited fund from Mars and Jupiter family members.

ConMan

146 posts

Posted by ConMan > 2018-03-06 11:10 | Report Abuse

Myongcc5, I think u have stuck in this stock and easily fuming over people comments. Be calm, it will come back maybe a year or 2 years or even 10 years to your target price.

Posted by Babihutan88 > 2018-03-06 11:15 | Report Abuse

This stock will stuck forever

ConMan

146 posts

Posted by ConMan > 2018-03-06 11:18 | Report Abuse

I am understand your position, this is normal human behavior once losing it will get irritate. Today losing money doesn’t mean we cannot recover in future. Importantly is once must learn from the mistake and never repeat the mistake again. Once again, be calm, stock market it just a money game.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-06 11:19 | Report Abuse

hng33 bought back all masteel at 1.01, reverse into intraday gain.

06/03/2018 10:53



bought back kepala hotal lu .... last Friday cerita 100% capital sudah guna hantam @ 1.36


mau cover bodo ka ??


kah kah kah

GTMS

560 posts

Posted by GTMS > 2018-03-06 11:23 | Report Abuse

Malaysia produced steels are used locally. PMetal just released it the recent US tariffs has little <1% impact on its total revenue. I believe the rest of the local steel companies do have minimal impact as well.

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-06 11:24 | Report Abuse

Woi Hng33 !!!


last Friday cerita 100% capital sudah hantam ... all in la , fully invest la @ 1.36 la


kah kah kah


now mau lagi bikin cerita ..



apa macam mau beli ??? all 100% capital sudah sangkut @ 1.36





kambing pun gelak golek golek wooo dengar lu punya cerita

KAQ4468

21,497 posts

Posted by KAQ4468 > 2018-03-06 11:41 | Report Abuse

woiii Hng33 ... mau bikin statement cover malu pun , agak agak la... kasi la logic sikit


kah kah kah

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