MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.32

Today's Change

-0.005 (1.54%)

Day's Change

0.32 - 0.325

Trading Volume

305,700


18 people like this.

14,813 comment(s). Last comment by rizal2020 22 hours ago

Ooi GC

47 posts

Posted by Ooi GC > 2018-04-04 22:38 | Report Abuse

Dividend of less than 1 cent/share --> . Ha ha ha! About 1% yield. Need 100 years to earn back capital.

Posted by khatulistiwa1234 > 2018-04-04 22:48 | Report Abuse

CRISIS FINAL DIVIDEND WILL FITTED GIVEN < MASTEEL ACT LIKE A BEGGAR .

Posted by uzairbhatti0157 > 2018-04-05 00:15 | Report Abuse

Worst nightmare

Posted by Fergus Chong > 2018-04-05 00:21 | Report Abuse

Rebound

red_85

1,259 posts

Posted by red_85 > 2018-04-05 00:23 | Report Abuse

sure back to 0.5x region soon.which is their real value..

Comeonbaby

279 posts

Posted by Comeonbaby > 2018-04-05 09:34 | Report Abuse

Fkkk the stock market..Up one days down three days ...Only good for big leg not for us small fish

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-05 09:46 | Report Abuse

Rebound to trap more ppl?

Posted by Investar2862 > 2018-04-05 14:20 | Report Abuse

Be more optimistic...
Stock market is for optimistic people :D)

shawn88

234 posts

Posted by shawn88 > 2018-04-05 15:04 | Report Abuse

most production from masteel are used in local market.. why so panic sell ...

Comeonbaby

279 posts

Posted by Comeonbaby > 2018-04-05 15:24 | Report Abuse

Waadalui,that days open 10precwnt in one days but down 20prexent in two d

kwai

67 posts

Posted by kwai > 2018-04-05 16:12 | Report Abuse

http://www.klsescreener.com/v2/news/view/360745

More steels?

Posted by bettertomorrow > 2018-04-05 16:50 | Report Abuse

no worry. steel price locally still show good margin

titus

4,159 posts

Posted by titus > 2018-04-05 17:21 | Report Abuse

i use google translate & it show RMB 10.8. Award to china again?.....habis la

Ooi GC

47 posts

Posted by Ooi GC > 2018-04-05 18:31 | Report Abuse

30/03/2018
Billets RM2200-2250 --> Fell from RM2350-RM2450
Rebars RM2600-RM2750 --> remains

VincentTang

1,214 posts

Posted by VincentTang > 2018-04-06 08:21 | Report Abuse

Dow future drop >300 points
Parliament dissolution should be today

Be careful

titus

4,159 posts

Posted by titus > 2018-04-06 08:34 | Report Abuse

HSR announce. More metal needed.

Posted by khatulistiwa1234 > 2018-04-06 09:51 | Report Abuse

WORST IS LANDED < 1000 BILLION ISSUE TARIFF THREATEN .

Posted by khatulistiwa1234 > 2018-04-06 09:51 | Report Abuse

MAD THUMPS GIVE ANOTHER BIG BOMB , 1000 BILLION HEAVY TARIFF .

Posted by wolfstein > 2018-04-06 10:01 | Report Abuse

1000 billion, lol

STC1136

977 posts

Posted by STC1136 > 2018-04-06 11:18 | Report Abuse

Don't be happy with current malaysia rebar price, if trade war escalate to overall with high tariff for more than 1000 items both US and China products, steel price will suffer big drop definitely.

China Rebar price can turn to below CNY3,000 easily, that time malaysia need to follow international market price, below RM2,400.

The impact is very big like a chain link from one to another.....

Beware!!!

Posted by bettertomorrow > 2018-04-06 11:28 | Report Abuse

Trade war may not be sustained. It is a chip to pull US and China to a negotiation table.
I believe China is moving forward to green industry and they are not willing to pollute the environment by low margin/no margin manufacturing products anymore.

JN88

11,670 posts

Posted by JN88 > 2018-04-06 11:49 | Report Abuse

China block US GOOD.

US block CHINA GOOD.

Do you know why???

HAHAHAHAHA

After China block US, China buy from Malaysia product.

After US block China, US buy from Malaysia product.

We Malaysian become intermediate person, sell to China and US

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-04-06 11:57 | Report Abuse

JN88 , u feeling MY can do it? MY import can, export what? Musang King? hahaa

Posted by wisdom7333 > 2018-04-06 12:41 | Report Abuse

"Malaysia is seeking an exemption from U.S. tariffs on steel and aluminum shipments and to gain clarity on the solar-based equipment penalties, Trade Minister Mustapa Mohamed said in Parliament on Thursday. The government has requested to meet with U.S. trade representatives April 17 to sort out a deal."

https://www.thestar.com.my/business/business-news/2018/04/05/southeast-asia-braces-for-trade-war-by-bolstering-growth/

titus

4,159 posts

Posted by titus > 2018-04-06 12:59 | Report Abuse

Masteel steel bar for local consumption ma. HSR announce. MRT in sarawak. Hope they connect from kuching to Miri....so that all the kucing and biri biri got a chance to take mrt. That time sure hell alot of steel needed.

JN88

11,670 posts

Posted by JN88 > 2018-04-06 13:27 | Report Abuse

titus: connect from kuching to kelantan. Cross the China sea

JN88

11,670 posts

Posted by JN88 > 2018-04-06 13:29 | Report Abuse

wyc555wyc: our Jib gor can, you see last time he predicted the WAR trade will coming soon and fly over US and told Trump he going to help him.

Without him trump will not press the button.

Posted by Noi_success > 2018-04-06 13:32 | Report Abuse

Going to pay dividen 0.9c?

titus

4,159 posts

Posted by titus > 2018-04-06 14:36 | Report Abuse

JN.....connect kuching to kelantan want to carry wat oo......ECRL from kauntan to KL also dunno got passenger o not. I just cannot think how many ppl will be travelling from kuantan to KL everyday. In fact my mum is from kuantan and still have relative there. Ask her if ECRL ready....can go back often to visit relative.....the eyes big big look at me.....got nothing better to do ah?....lol

LATO' SELI

394 posts

Posted by LATO' SELI > 2018-04-06 14:54 | Report Abuse

Even now , in West coast, with passengers & goods commute North - South, KTM is losing money ; can't imagine how much ECRL goin to incur loss

Posted by bettertomorrow > 2018-04-06 15:12 | Report Abuse

in long run, the ECRL is mainly for logistic purpose to shorten the delivery time from East Coast port to Klang Valley. We cannot only concentrate on port klang.

kwai

67 posts

Posted by kwai > 2018-04-06 15:56 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/153188.jsp

this is cool. thanks for the info

Posted by bettertomorrow > 2018-04-06 16:37 | Report Abuse

up up up

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-06 16:42 | Report Abuse

China block US GOOD.

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-06 16:56 | Report Abuse

Buy,buy,buy

LimKT

482 posts

Posted by LimKT > 2018-04-06 17:02 | Report Abuse

Waiting 0.230

Posted by jordanmaggie61 > 2018-04-06 17:31 | Report Abuse

titus: connect

Data5000

388 posts

Posted by Data5000 > 2018-04-07 13:31 | Report Abuse

Waiting 0.65

JN88

11,670 posts

Posted by JN88 > 2018-04-07 14:31 | Report Abuse

Waiting 0.56

Posted by Noi_success > 2018-04-08 13:48 | Report Abuse

When is AGM?

VincentTang

1,214 posts

Posted by VincentTang > 2018-04-09 07:27 | Report Abuse

U.S. stocks dropped about 2% on Friday as U.S. President Donald Trump's latest tariff threat on Chinese imports fueled increasing concern over a U.S. trade war with China. Stocks added to losses and hit session lows in afternoon trading after Federal Reserve Chairman Jerome Powell said the U.S. central bank will likely need to keep hiking interest rates to keep inflation under control and said it was too soon to know if rising trade tensions would hit the U.S. economy.
* Dow -572 (-2.34%)
* S&P -58 (-2.19%)
* Nasdaq -161 (-2.28%)

Trump administration's threat late Thursday to add tariffs on another $100 billion worth of Chinese goods as punishment for China on Wednesday announcing reciprocal tariffs on $50 billion of U.S. goods.  China early Friday responded with a statement saying, "The Chinese side will follow suit to the end and at any cost, and will firmly attack, using new countermeasures, to firmly defend the interest of the nation and its people.

Be careful

Posted by bettertomorrow > 2018-04-09 10:00 | Report Abuse

go go go

JN88

11,670 posts

Posted by JN88 > 2018-04-09 10:37 | Report Abuse

Sell

Ooi GC

47 posts

Posted by Ooi GC > 2018-04-09 21:02 | Report Abuse

Up also sell, down also sell? Are you a salesperson? Everything also sell?

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-09 21:53 | Report Abuse

Will back to 1.00 very soon

Comeonbaby

279 posts

Posted by Comeonbaby > 2018-04-09 23:23 | Report Abuse

How many ppl kena trap inside this store for the few two months..I just said stupid boss of masteel...No take care the small investors like us ...fk

csl1991

245 posts

Posted by csl1991 > 2018-04-10 09:32 | Report Abuse

Trend reversed already.. Bullish now

Posted by bettertomorrow > 2018-04-10 09:41 | Report Abuse

what is the TP?

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