MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

Tom

2,984 posts

Posted by Tom > 2018-03-08 20:39 | Report Abuse

虽然我没有持有masteel了...不过我想问你为什么不久前你还去买高?

Posted by joeshare > Mar 8, 2018 08:12 PM | 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

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-08 20:52 | Report Abuse

Trump's power play on tariffs cuts out Congress — but lawmakers could stop it if they wanted to;

- President Trump will enact steel and aluminum tariffs by the end of the week, the White House says.
- The Trump administration is using a law not successfully applied in more than two decades that gives Congress less power over the policy.
- Congress could only stop the tariffs through a vote with a veto-proof majority.

Kevin Breuninger | @KevinWilliamB
Published 14 Hours Ago Updated 13 Hours Ago

imokay

83 posts

Posted by imokay > 2018-03-08 20:52 | Report Abuse

I think it wont have much effects on the share price as the news is just to reiterate that Trump insist to impose, but not the real tariff enforcement.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-08 20:53 | Report Abuse

Whether like it or not, these us steel and alum tariff will become the future path of msian steel player

Posted by ArchangelAmbrose > 2018-03-08 20:54 | Report Abuse

Don't know why I never worried about this company even with so many negative opinions. Steel is an important element for building and manufacturing, if the company so bad in performance. M&A nia loh. Steel is hardly dropping in price. Keeping inventory only also got benefits but dont lah.haha

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-08 20:55 | Report Abuse

Yes, msian steelmaker did not export to us but those asian exporter will have to dump their product in the region, may lead to oversupply

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-08 20:59 | Report Abuse

the only good news for our steel player is the current anti dumping duties would hold those cheaper steel to inflow in our market

Posted by questionmark11 > 2018-03-08 22:01 | Report Abuse

will takes time for trump to realize that he is making a mistake within >6 months <2 years

spectre007

1,408 posts

Posted by spectre007 > 2018-03-08 22:01 | Report Abuse

I seriously don't know how trump tariffs are going to impact Malaysian steel counters...

RedEagle

3,194 posts

Posted by RedEagle > 2018-03-08 22:01 | Report Abuse

Good

cpng

1,575 posts

Posted by cpng > 2018-03-08 22:22 | Report Abuse

号外!
Trump 将在等下马国时间明天凌晨四点半公布输入美国的海外钢铁关税。
Trump 铁了心,等华尔街股市明天早上4点半收市过后,翻桌子向全球输入美国的钢铁征收关税!!!

imokay

83 posts

Posted by imokay > 2018-03-08 22:30 | Report Abuse

President Trump will sign an order today to finalize his promised steel and aluminum tariffs -- or maybe not. There's confusion at the White House (shocker, we know). There was supposed to be a signing ceremony this afternoon, but a White House aide said it was canceled because the policy hadn't been finalized yet. There's also word that whenever this thing gets done, it'll have an exemption for Mexico and Canada, probably to be used as a carrot in NAFTA talks.

imokay

83 posts

Posted by imokay > 2018-03-08 22:40 | Report Abuse

Rather, think long term and leave your investment alone, says Buffett: "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."

spectre007

1,408 posts

Posted by spectre007 > 2018-03-08 22:41 | Report Abuse

DJI very green

imokay

83 posts

Posted by imokay > 2018-03-08 22:46 | Report Abuse

Thursday’s Trading:
Dow+134.85

24,936.21 +0.54%Nasdaq+32.377

7,429.03 +0.44%S&P+9.14

2,735.94 +0.34%

Ooi GC

47 posts

Posted by Ooi GC > 2018-03-09 06:40 | Report Abuse

https://www.cnbc.com/2018/03/08/us-stock-futures-dow-data-ecb-earnings-and-politics-on-the-agenda.html

Hope you don't regret selling your stocks cheap for nothing. This stock should recover in the coming weeks. Focus will be back on local infrastructure projects coming in and election sentiment.

Lau333

155 posts

Posted by Lau333 > 2018-03-09 07:06 | Report Abuse

With some exemptions on tariffs,hopefully more attuned to TRUMP showbiz than any sinister start to a disruptive trade war

Lau333

155 posts

Posted by Lau333 > 2018-03-09 07:07 | Report Abuse

Take away top two exporter Canada and Mexico, the impact is much reduced..

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 07:10 | Report Abuse

Steel will rebound high today. Can & Mex exempted. All market rebound.

https://www.thestar.com.my/business/business-news/2018/03/09/trump-sets-steel-and-aluminum-tariffs-mexico-canada-exempted/

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 07:12 | Report Abuse

Will be panic buy early morning and contra gain in the afternoon

fkser

622 posts

Posted by fkser > 2018-03-09 07:28 | Report Abuse

LOL

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 07:52 | Report Abuse

We'll see lah later. If wrong no problem, if right then good.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 07:56 | Report Abuse

IBs and Foreign Fund have sold much, they will come to buy at low before retail buy. It happens many times in crisis like this.

They can do fake rebound making retail to enter (think market already rebound), they can sell it afterward to contra gain.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 07:57 | Report Abuse

Just watch early queue, it will tell if this going to happen.

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

Trump steel tariff is no small matter coz 25% tariff can make a winning company into losing company.

Posted by leslieroycarter > 2018-03-09 08:10 | Report Abuse

The heyday of steel no more....better get out before it is out of control ....

hollandking

3,694 posts

Posted by hollandking > 2018-03-09 08:19 | Report Abuse

what sector u think going to be goreng next?

Posted by uzairbhatti0157 > 2018-03-09 08:56 | Report Abuse

My question is why masteel dropped toooooo much ...other steel counter still can recover ...but masteel dropped like a sh*t

imokay

83 posts

Posted by imokay > 2018-03-09 09:01 | Report Abuse

1.00 is coming.

JN88

11,670 posts

Posted by JN88 > 2018-03-09 09:02 | Report Abuse

imokay : why 1.0 not 2.0 3.0? you want to sell your ticket ar?

imokay

83 posts

Posted by imokay > 2018-03-09 09:04 | Report Abuse

first step mah. haha.I am stuck with the average of 1.17

SuperPanda

11,431 posts

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

IBs and Foreign Fund had been the biggest seller, if they still not decide to enter, nothing much can do.

jeff619

59 posts

Posted by jeff619 > 2018-03-09 09:37 | Report Abuse

0.98 BUY MORE

cpng

1,575 posts

Posted by cpng > 2018-03-09 10:45 | Report Abuse

Beware...get rid of those metal related cos they has been targeted by US missile.

cpng

1,575 posts

Posted by cpng > 2018-03-09 11:11 | Report Abuse

Transhipping also been targeting.

Tom

2,984 posts

Posted by Tom > 2018-03-09 11:52 | Report Abuse

鬼话连篇

Posted by cpng > Mar 9, 2018 10:45 AM | Report Abuse

Beware...get rid of those metal related cos they has been targeted by US missile.

STC1136

977 posts

Posted by STC1136 > 2018-03-09 12:00 | Report Abuse

US Tariff definitely affect the whole world.....

US Tariff up, US steel price up, inflation rate up....
US interest rate confirm up like rocket this year.....
US plp pay more interest, spending power drop, US company will get lesser profit or huge lost and bankcrupt...

More job to lost....
If US economy down, all products imports from other countries reduce....ends up also affect malaysia.

Time will prove above statement....

US tariff is just a beginning, More worst things to come....

STC1136

977 posts

Posted by STC1136 > 2018-03-09 12:09 | Report Abuse

Elon Musk sides with Trump on trade with China, citing 25% import duty on American cars
Elon Musk believes China isn't playing fair in the car trade with the U.S.
The auto executive says the Asian country puts a 25 percent import duty on American cars, while the U.S. only does 2.5 percent for Chinese cars in return.
"I am against import duties in general, but the current rules make things very difficult. It's like competing in an Olympic race wearing lead shoes," Musk tweets.



Next target, China Car need to impose tax from 2.5% up to 25% to import US.
US is bullying china apparently, how will China govert react?

jeff619

59 posts

Posted by jeff619 > 2018-03-09 12:13 | Report Abuse

ALL IN...

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 12:14 | Report Abuse

STC, macro economy hard to predict when global issue like this as every country will handle each issue case by case basis

Just like when EU ban palm oil, malaysia then waive certain duties to help plantation reduce cost

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 12:16 | Report Abuse

The only things that we can confirm, if US economy bad, the rest of the world will feel the heat, but what Trump wants to do now is to boost its GDP, creating more jobs and reduce trade deficits.

imokay

83 posts

Posted by imokay > 2018-03-09 12:25 | Report Abuse

wow... cum d... got ohm to go up d.. .

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-03-09 12:28 | Report Abuse

china going to be world no 1 economy, thats why us see them as threats

JN88

11,670 posts

Posted by JN88 > 2018-03-09 12:41 | Report Abuse

later all boikot US product Trump want to increase job become reduced job.

JN88

11,670 posts

Posted by JN88 > 2018-03-09 12:43 | Report Abuse

Trump want to take steel at starting point actually just want to get the key to talk to the target he plan....EU , Mexico and Canada.

China very smart, reduced the steel production a year ago. some more can save the environment friendly. lol

JN88

11,670 posts

Posted by JN88 > 2018-03-09 12:43 | Report Abuse

Trade war mean not killiong other, but get the bargain price.

Post a Comment
Market Buzz