Posted by Ooi GC > 2018-03-29 18:30 | Report Abuse

Wah. Hiaptek really nice QR. Hopefully Masteel May can deliver even better results.

Posted by waer > 2018-03-29 23:03 | Report Abuse

https://www.bloomberg.com/news/articles/2018-03-28/early-china-indicators-show-outlook-undimmed-by-trade-tension

Posted by Lsi54 > 2018-03-30 09:50 | Report Abuse

Awesome, have to be patient

Posted by tecpower > 2018-03-30 21:59 | Report Abuse

I think the stock is likely to rebound soon. Today the stock price movement was quite stable. No big selling pressure.

Posted by tecpower > 2018-03-30 22:01 | Report Abuse

After Donald Trump’s move, taxes cut for Chinese firms from factories to farms
http://www.scmp.com/news/china/economy/article/2139520/after-donald-trumps-move-taxes-cut-chinese-firms-factories-farms

Posted by tecpower > 2018-03-30 22:06 | Report Abuse

CHINA REBAR: Domestic prices rise on futures gains
China’s domestic rebar prices increased on Friday March 30, tracking increases in the futures market.
https://www.metalbulletin.com/Article/3797900/rebar/CHINA-REBAR-Domestic-prices-rise-on-futures-gains.html

Posted by Mohd Fahmi Bin Jaes > 2018-03-31 04:41 |

Post removed.Why?

Posted by Sigmund1118 > 2018-03-31 11:10 | Report Abuse

https://www.mysteel.net/price-curve.html

Posted by Sigmund1118 > 2018-03-31 11:11 | Report Abuse

Rebar rebound 3650 RMB /tonne

Posted by tecpower > 2018-03-31 12:46 | Report Abuse

China March Factory Gauge Rebounds as Export Demand Recovers
https://www.bloomberg.com/news/articles/2018-03-31/china-factory-gauge-jumps-in-march-services-remain-robust

Posted by Sigmund1118 > 2018-03-31 13:29 | Report Abuse

According to my brother who work in rebar steel factory, they are still in output max and inventory in market is still low . Demand forecast are still strong in next 3-4 months .

Posted by KLCI King > 2018-03-31 13:37 | Report Abuse

Masteel MD told me yesterday, they are still in output max and inventory in market is still low . Demand forecast are still strong in next 3-4 months.

Believe or not, the choice is yours

Posted by Sigmund1118 > 2018-03-31 13:43 | Report Abuse

May 18 result will explain that ...

Posted by aiinvestor > 2018-03-31 13:53 | Report Abuse

Start buying the stock on Monday. No more huge selling pressure!

Posted by Ooi GC > 2018-03-31 19:22 | Report Abuse

Favorable conditions to Masteel:
1) stronger MYR
2) relatively stable steel rebar and billet prices in Malaysia (can refer to MITI weekly bulletin)
3) infrastructure projects
4) construction projects

Posted by tallman > 2018-04-01 17:10 | Report Abuse

How the ge14 effect the performance of stock?

Posted by wingold > 2018-04-02 09:35 | Report Abuse

GE14 effect already factored in the prices in most counters across the board Tallman

Posted by hng33 > 2018-04-02 10:00 | Report Abuse

bought back masteel at 76.5-77sen

Posted by Aaron Ong > 2018-04-02 10:30 | Report Abuse

up

Posted by hng33 > 2018-04-02 10:35 | Report Abuse

:D)

Posted by Lim Tek Wai > 2018-04-02 10:36 | Report Abuse

up up :D

Posted by hng33 > 2018-04-02 10:39 | Report Abuse

GOOOOOOOOOOOOOOOOOOOOOOOOOOO

Posted by Aaron Ong > 2018-04-02 10:42 | Report Abuse

upppp

Posted by hng33 > 2018-04-02 10:43 | Report Abuse

Today is STEEL stock recovery day :D)

Posted by wingold > 2018-04-02 10:44 | Report Abuse

In 2017 steel and aluminium exports to the US stood at only 0.2%.
Hence recent fall for steel and aluminium stock in Malaysia should be oversold already.

"UOB Kay Hian Securities expects U.S. tariffs to have 'modest' impact on Malaysian hard commodity producers. "We maintain our positive views on aluminium and steel producers as global ASPs (average selling price) would continue to be predominantly influenced by China's supply-side reform, and the indirect effect of the potential US tariff would not significantly distort the pricing and margins of Malaysian producers," says house in investment note. "

“Local steel players still heavily rely on local demands. Steel price will stay (high) which can offset the high raw materials price as long as the demand is there." TA Securities Holdings Bhd analyst Tony Chan

Lim said projects like the Mass Rapid Transit Line 2, Light Rail Transit Line 3, East Coast Rail Line, Permodalan Nasional Bhd’s (PNB) Merdeka PNB 118 development and many others are the main customers. Who is also the group MD of Ann Joo Resources Bhd

Here by I share my catch for:

ANNJOO - Potential Entry RM 3.00 - RM 3.02, potential hit RM 3.10+. (RM 0.13 dividend ex-19/4, yield 4.3%) Cut if break RM 2.97.
(Revenue new high, profit good, DATO LIM Acquired some lately.




MASTEEL - Potential Entry RM 0.75 - RM 0.755, potential hit RM 0.80+. Cut if break RM 0.74.
Revenue new high, profit stable, company done share buy back at RM 0.95-0.985).




LIONIND - Potential Entry RM 0.88 - RM 0.89, potential hit RM 0.90+. Cut if break RM 0.87.
Revenue new high, profit new high, LEMBAGA TABUNG HAJI Acquired many lately.



Above purely sharing my own analyst, for own study and learning only. Not FAKE NEWS.

Posted by Lsi54 > 2018-04-02 10:46 | Report Abuse

Gogogo

Posted by csl1991 > 2018-04-02 10:56 | Report Abuse

Limit up today

Posted by hng33 > 2018-04-02 10:59 | Report Abuse

sold off all masteel at 83.5sen, locked handsome fast contra profit

Posted by Lsi54 > 2018-04-02 11:02 | Report Abuse

Boiling

Posted by 镠公公 > 2018-04-02 11:02 | Report Abuse

要limit up 了

Posted by wingold > 2018-04-02 11:06 | Report Abuse

0.86 cleared like nothing

Posted by LimKT > 2018-04-02 11:08 | Report Abuse

upppp

Posted by Tay Boon Yong > 2018-04-02 11:10 | Report Abuse

what happen ?

Posted by Alex™ > 2018-04-02 11:11 | Report Abuse

alex missed the bus

Posted by Alex™ > 2018-04-02 11:14 | Report Abuse

can go in now? will limit up?

Posted by wingold > 2018-04-02 11:18 | Report Abuse

panic cleared, fundamentals proving itself yet again. TP 0.95 soon

Posted by LA777 > 2018-04-02 11:19 | Report Abuse

Bought at 84 sen.

Posted by apple168 > 2018-04-02 11:23 | Report Abuse

Bought at 0.78.. Sold at 0.87..

Posted by JN88 > 2018-04-02 11:36 | Report Abuse

I told you guys, Masteel is the best perfomance counter.

Posted by kh > 2018-04-02 11:40 | Report Abuse

congra hng , good luck .

Posted by ArchangelAmbrose > 2018-04-02 11:42 | Report Abuse

told ya, holding power is the key. don't simply sell when market was a bit crazy last few weeks. paper loss is still savable rather than real loss.

Posted by ArchangelAmbrose > 2018-04-02 11:43 | Report Abuse

the company is still in the business. when the share price down, don't over react like the company will end its business in a few days time.lol

Posted by hng33 > 2018-04-02 11:47 | Report Abuse

kh

Lucky these moring locked all sapura profit first at 56.5-57sen, free up capital and all margin line capital. so that can use these free capital, Swap to all steel stock, annjoo, lionind, masteel and ssteel, and other mediaC, pmetal.

Now, portfolio took all FAST handsome contra profit from all steel stocks again, free up all handsome fast contra profit, compounded gain, rolling accumulate more more capital in prepare more bargain hunt opportunity :D)

Posted by jeff619 > 2018-04-02 11:50 | Report Abuse

ALREADY TOLD U ALL. PATIENT IS THE LAST WINNER

Posted by jordanmaggie61 > 2018-04-02 11:51 | Report Abuse

upppp

Posted by jeff619 > 2018-04-02 12:16 | Report Abuse

tp 1.60. watch out

Posted by mdmlyn > 2018-04-02 12:17 | Report Abuse

jeff619 tqvm .i almost want to cut loss

Posted by syedluqman > 2018-04-02 12:25 | Report Abuse

Mdmlyn what price u buy? B4 drop kaw2?

Posted by mdmlyn > 2018-04-02 12:40 | Report Abuse

yes. 1.4

Posted by titus > 2018-04-02 12:41 | Report Abuse

TP 1.60??? sure or not? it is like 100% from today price leh. If really so hai.....then can sai lang loh. Let see if it can recover to 1.10 or not la