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

hstha

3,324 posts

Posted by hstha > 2018-03-07 22:15 | Report Abuse

This is how Malaysian people trade. They tend to overreact. We have a good chance of buying fundamentally good stocks at a low price.

Posted by Investor5711 > 2018-03-07 22:20 | Report Abuse

There is no issue in masteel company as the fundamental still progressing. This is the time for us to collect before rebound. But I still believes that there's are such people keep on cursing regarding masteel and those people only keep on cursing in masteel only instead annjoo ssteel lion. Why only masteel?

Posted by Mohd Fahmi Bin Jaes > 2018-03-07 22:23 | Report Abuse

Next 86cen

Lee TY

15 posts

Posted by Lee TY > 2018-03-07 22:24 | Report Abuse

cut loss, buy back later if uptrend...

hstha

3,324 posts

Posted by hstha > 2018-03-07 22:28 | Report Abuse

Masteel's net profit increased 200% YoY. Its stock price increased less than 100% YoY.

hstha

3,324 posts

Posted by hstha > 2018-03-07 22:32 | Report Abuse

Masteel has the lowest P/E among Malaysian steel stocks.

Posted by Investor5711 > 2018-03-07 22:37 | Report Abuse

Mohd fahmi : when shares drops u only know how to say rip, sell or next $xx in most of the counter. Pathetic

Jenova

70 posts

Posted by Jenova > 2018-03-07 22:45 | Report Abuse

Part of the selling were due to Mr. OTB's followers get margin call by their broker.

spectre007

1,408 posts

Posted by spectre007 > 2018-03-07 23:27 | Report Abuse

U don't know the famous fahmi who has been here for years only talk singalan.. buy.. sell.. rip.. run... small buy... the moment he ask to sell.. means buy...

ccheinn

188 posts

Posted by ccheinn > 2018-03-07 23:27 | Report Abuse

walaueh... fundamental good share also can drop one.. ppl still catch the falling knife. this is something weird...

kokobang

22 posts

Posted by kokobang > 2018-03-07 23:34 | Report Abuse

TA/FA/Sifu Motivations are all "USELESS" when come to global market sentiment, Warren Buffet always emphasis "invest with business sense not price" because every ordinary investor can easily put the financial figures into a financial analysis formula. SO everyone buy good FA stock, nobody loss money loh! xD The Worst part is people still failed to understand how increased of tariffs on steel affect on Malaysia's steel company. IS TOTALLY OK! if 100% people profits, who gonna lost. Chill guys! :D

joeshare

538 posts

Posted by joeshare > 2018-03-07 23:37 | Report Abuse

@kmohan62 bro so any news yet?

Posted by Babihutan88 > 2018-03-07 23:42 | Report Abuse

Buy and get rich...
Otb slogan....
Support support...

hstha

3,324 posts

Posted by hstha > 2018-03-08 00:40 | Report Abuse

China has extended some steel output cuts into future months.

hstha

3,324 posts

Posted by hstha > 2018-03-08 00:40 | Report Abuse

Fundamentally good stocks can surge easily after they plunge. No worries.

aiinvestor

801 posts

Posted by aiinvestor > 2018-03-08 01:18 | Report Abuse

Billionaires Warren Buffett and Ray Dalio agree on what to do in a volatile market
https://www.cnbc.com/2018/03/07/warren-buffett-and-ray-dalio-agree-on-what-to-do-in-a-volatile-market.html

hstha

3,324 posts

Posted by hstha > 2018-03-08 01:40 | Report Abuse

In the US Russell 2000 Index, small-cap stock market index, has not been impacted by sell off of large cap stocks.

Ooi GC

47 posts

Posted by Ooi GC > 2018-03-08 07:01 | Report Abuse

If the tariff is imposed, it affects more than just steel and aluminium producers. Manufacturers that use steel and aluminium will take a hard hit too. The whole chain reaction is unimaginable and hence I don't think the US would just let trump and his administration do whatever they like. EU is already hinting counter measures and will seek WTA should Trump imposes the tariffs. China too has standby with countermeasures. Let the economists think, we just invest when value presents itself.

Posted by Mohd Fahmi Bin Jaes > 2018-03-08 07:09 | Report Abuse

Dow Jones 24,801.359 -82.76 0.33%

Alex™

12,594 posts

Posted by Alex™ > 2018-03-08 08:06 | Report Abuse

Trump plans to announce steel tariffs, but may allow exemptions for US allies after all
Los Angeles Times 54m ago

MAS = ally?

Calvin882

1,562 posts

Posted by Calvin882 > 2018-03-08 08:39 | Report Abuse

MAS is good friend

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-03-08 08:52 | Report Abuse

Pretty much all countries are US allies except north Korea

VincentTang

1,214 posts

Posted by VincentTang > 2018-03-08 08:54 | Report Abuse

Masteel already hit 200 days SMA at price 0.945, hit OTB cut loss rule. Is time to cut loss.

imokay

83 posts

Posted by imokay > 2018-03-08 09:16 | Report Abuse

early morning already with high fluctuation

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-03-08 09:45 | Report Abuse

反弹料吗?还是幻觉来的--

lala23

152 posts

Posted by lala23 > 2018-03-08 09:46 | Report Abuse

Warren Buffet do that in US ma... not in Boleh Land.

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-03-08 09:59 | Report Abuse

You believe in OTB cut loss rules? His latest stop lose for hengyuan is rm 9.29 and he should cut loss yesterday or even today. But instead, he bought at rm 10.29 10000k shares

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-03-08 10:01 | Report Abuse

When he is doing so badly and mr market is against him then he put the blame to fund managers. Who are you those fund managers... Come on lah OOI TEIK BEE.

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-03-08 10:05 | Report Abuse

Another cannon. Sooner or later you will become the top 5 fund managers in the world same as tan teng boo... You better change your mindset and start to realise that your are just nothing in the stock market. Even a small speculator like me knows to cut lose at rm 13.20 because of high expectation stock like hengyuan can be disastrous after it cant announce better quarterly result. TA FA SIFU WITH IMPRESSIVE PAST PERFORMANCE...GOSH..

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-03-08 10:11 | Report Abuse

His rules depend on the future price. If present priCE is up. He says he didn't cut loss. If present price is down. He says took profit already

paktua73

18,283 posts

Posted by paktua73 > 2018-03-08 10:14 | Report Abuse

manage relaese some big burden at 0.97,0.965,0.96
just left only 25% share on hand
avrrge per share at 0.9471
tut tut
stand fight

ccheinn

188 posts

Posted by ccheinn > 2018-03-08 11:50 | Report Abuse

let's see if the trend like this.. lower high, and lower low.. time will tell.

jeff619

59 posts

Posted by jeff619 > 2018-03-08 12:05 | Report Abuse

GO ALL IN

Posted by uzairbhatti0157 > 2018-03-08 12:36 | Report Abuse

Very sad to see masteel SP dropped like this, company still ve good prospects hope it will rise

Posted by veronicaz > 2018-03-08 12:37 | Report Abuse

mana our leader ah bee? see him quite active cheering in hy, here keep quiet, abandon this ship already?

Posted by Mohd Fahmi Bin Jaes > 2018-03-08 12:37 | Report Abuse

Only up 2cen. Sell

Posted by Investor5711 > 2018-03-08 13:28 | Report Abuse

Sohai fahmi again shout sell

Posted by fatetrader > 2018-03-08 13:30 | Report Abuse

If you don’t sell, how others gonna buy? Haha

Ooddd

918 posts

Posted by Ooddd > 2018-03-08 15:12 | Report Abuse

Otb sold?

spectre007

1,408 posts

Posted by spectre007 > 2018-03-08 15:15 | Report Abuse

Bro this sohai fahmi will not stop telling people to sell or run or rip.. years he has been doing that. He won't bother what u say about him also..don't know what is his motive sometimes... I think u r right.. Sohai is the right word. But good thing is when he say sell.. it's time to buy

Posted by leslieroycarter > 2018-03-08 15:17 | Report Abuse

Big timers already left and profited, no point holding ....coz many uncertainties along the way.

joeshare

538 posts

Posted by joeshare > 2018-03-08 15:38 | Report Abuse

sell

Ooi GC

47 posts

Posted by Ooi GC > 2018-03-08 16:02 | Report Abuse

Weak holders, please sell all your positions to the big players. They'll push it up for you to chase in again soon.

fkser

622 posts

Posted by fkser > 2018-03-08 16:24 | Report Abuse

The market is not very good, be careful

spectre007

1,408 posts

Posted by spectre007 > 2018-03-08 16:35 | Report Abuse

Masteel looks like want to climb back to rm1 and above

aslm

379 posts

Posted by aslm > 2018-03-08 16:48 | Report Abuse

so many low class investors here try to ask people sell.

joeshare

538 posts

Posted by joeshare > 2018-03-08 20:12 | Report Abuse

once tariff is announced u will see the panic again ..sorry if masteel quarter result is good it would be an entirely different story but fact is fact

Posted by ArchangelAmbrose > 2018-03-08 20:29 | Report Abuse

Sounds very crazy nowadays to restrict a free trade in the free trade market. Especially under globalization.

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