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

wingold

154 posts

Posted by wingold > 2018-04-10 09:43 | Report Abuse

false alarm for trade war, up

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-10 09:52 | Report Abuse

Steel counters oversold. Funds r buying.

Posted by Investar2862 > 2018-04-10 09:55 | Report Abuse

Masteel breakout from its downtrend line since yesterday. High probability of price moving higher. Btw the recent company share buyback was at much higher price... 1,031,000 shares at 0.95 - 0.985

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-10 10:15 | Report Abuse

Thanks to US sanction on Russia

Comeonbaby

279 posts

Posted by Comeonbaby > 2018-04-10 10:16 | Report Abuse

Fkk company..U guys still believe goreng store?Good luck

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-10 10:20 | Report Abuse

STC1136 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!!!
06/04/2018 11:18

Buy call when masteel was RM1.40
Sell call when masteel was RM 0.70

The most epic Sohai sifu on I3

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-10 10:24 | Report Abuse

顺市而行不可市势而为 !!! -----> 买

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-10 10:28 | Report Abuse

Still dreaming about trade war? Please read more

https://www.cnbc.com/2018/04/09/chinese-president-xi-jinping-speaks-at-boao-forum-for-asia.html

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-10 11:01 | Report Abuse

顺应大势是必然的选择

Posted by Maurice1688 > 2018-04-10 11:06 | Report Abuse

where is the joker waiting at 0.60, can wait till old

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-10 11:06 | Report Abuse

Worldwide market rallying

JN88

11,670 posts

Posted by JN88 > 2018-04-10 11:13 | Report Abuse

sell

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-10 12:17 | Report Abuse

Maurice1688 where is the joker waiting at 0.60, can wait till old
10/04/2018 11:06

They were waiting since the Klci was 200pts. They think Klci will drop til 100pts. Then they will start to invest

JN88

11,670 posts

Posted by JN88 > 2018-04-10 13:56 | Report Abuse

sell 0.4 coming

wingold

154 posts

Posted by wingold > 2018-04-10 14:03 | Report Abuse

breakout after resistance at 0.88. 0.9 incoming fast

apple168

6,236 posts

Posted by apple168 > 2018-04-10 14:30 | Report Abuse

Come and eat up my shares selling at 0.88.. profit taking.. :)

TheContrarian

9,337 posts

Posted by TheContrarian > 2018-04-10 19:57 | Report Abuse

So eerily quiet after lunch.

Alex™

12,594 posts

Posted by Alex™ > 2018-04-10 21:15 | Report Abuse

alex miss the bus

TheContrarian

9,337 posts

Posted by TheContrarian > 2018-04-10 21:36 | Report Abuse

How come you missed? I had two opportunities to buy, first at 0.78 and then at 0.735. Sold half at 0.885 today to take some profits.

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-10 22:32 | Report Abuse

擺脫美國徵稅陰影 安裕資源齊力工業領漲 | http://www.klsescreener.com/v2/news/view/364619

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-10 22:37 | Report Abuse

Ann Joo leads steel counters as metal prices stabilise | http://www.klsescreener.com/v2/news/view/364465

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-10 22:40 | Report Abuse

Steel stocks on a roll | http://www.klsescreener.com/v2/news/view/364369

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-10 23:03 | Report Abuse

You can buy oversold steel stocks as trade tension between the US and China has relieved. You can gain huge profit.

Steel prices are likely to recover as trade tension between the US and China has relieved.

Trump steel tariffs may not continue for a long time. President Bush ended tariffs on imported steel for a short time. (9 months?)

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-11 00:26 | Report Abuse

Oil price is bullish. Commodity prices are likely to rebound with same same reason, that is, trade tension between the US and China has relieved. Steel prices are likely to rebound as well.

https://www.bloomberg.com/energy

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-11 00:37 | Report Abuse

The price of copper, which is an indicator of global economy. has rebound greatly.

wingold

154 posts

Posted by wingold > 2018-04-11 09:05 | Report Abuse

Masteel has been long oversold for the past 2 months, about due time for recovery

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-11 09:12 | Report Abuse

Where are those trade war 'experts' that can foresee the future?

TheContrarian

9,337 posts

Posted by TheContrarian > 2018-04-11 09:14 | Report Abuse

Go, go, go Masteel.

wingold

154 posts

Posted by wingold > 2018-04-11 09:26 | Report Abuse

Uob Kay Hian Retail Market Monitor,11 Apr 2018


Masteel, 5098
Close, 0.885
Breakout, 0.895
Buy TP, 1.07, 1.19
Support, 0.75
Stop loss, 0.745
Time Frame, 2 Weeks to 2 Months

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-11 09:33 | Report Abuse

顺市而行不可市势而为, 顺应大势是必然的选择

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-11 09:55 | Report Abuse

呵呵

LimKT

482 posts

Posted by LimKT > 2018-04-11 09:57 | Report Abuse

Shit!!!!!

TheContrarian

9,337 posts

Posted by TheContrarian > 2018-04-11 09:59 | Report Abuse

Glory, glory, glory Masteel.

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-11 10:07 | Report Abuse

STC1136 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!!!
06/04/2018 11:18

Buy call when masteel was RM1.40
Sell call when masteel was RM 0.70

The most epic Sohai sifu on I3

TheContrarian

9,337 posts

Posted by TheContrarian > 2018-04-11 10:07 | Report Abuse

When Masteel climbing up, it's so eerily quiet here.

Alex™

12,594 posts

Posted by Alex™ > 2018-04-11 10:09 | Report Abuse

alex missed the bus again

wingold

154 posts

Posted by wingold > 2018-04-11 10:11 | Report Abuse

TheContrarian,

Because masteel counter has a lot of goons hoping that price will tank more so they can earn petty contra profits.

Posted by jordanmaggie61 > 2018-04-11 10:14 | Report Abuse

Nexk week

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-11 10:19 | Report Abuse

Haha..these contra punters would sell after they earn a few cents. When they lose. They lose 10 times of this amount. Plus deduction of trading fees. They must have made a lot of profits

Muarmali

1,186 posts

Posted by Muarmali > 2018-04-11 10:19 | Report Abuse

aiyo. missed the boat. :)))

Muarmali

1,186 posts

Posted by Muarmali > 2018-04-11 10:20 | Report Abuse

i am one of the contra punters :)))

TheContrarian

9,337 posts

Posted by TheContrarian > 2018-04-11 10:24 | Report Abuse

Below 80 sen was too good to ignore.

Alex™

12,594 posts

Posted by Alex™ > 2018-04-11 10:26 | Report Abuse

now still can enter? will up again?

imokay

83 posts

Posted by imokay > 2018-04-11 10:30 | Report Abuse

go go go!

WaAdaLui

1,225 posts

Posted by WaAdaLui > 2018-04-11 10:44 | Report Abuse

机会又来了。。。。

wingold

154 posts

Posted by wingold > 2018-04-11 11:48 | Report Abuse

now since a lot of contra players push down the price, good buy on weakness!

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-04-11 13:51 | Report Abuse

我买进1.22~还在亏着

STC1136

977 posts

Posted by STC1136 > 2018-04-11 15:46 | Report Abuse

生意社04月11日讯
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  联合钢铁炼铁工程包含2座1080立方米高炉,是目前马来西亚容积最大、工艺最先进的高炉。高炉项目采用了中冶赛迪具有自主知识产权的新型无料钟炉顶控制关键技术、顶燃式热风炉技术、炉缸、炉身长寿技术、紧凑式“一罐制”铁水运输工艺技术、联合出铁场设计技术、高效底滤法水渣处理技术等,保证高炉系统稳定、高效、低耗、绿色、智能化生产。

  马来西亚联合钢铁项目于2016年11月21日正式开工,2017年11月20日1号高炉整体封顶,2018年2月8日1号热风炉成功点火烘炉,1号高炉3月22日具备烘炉条件,3月26日正式点火烘炉,共历时16个月,在全厂各参建单位承担的主体单元中、率先实现点火,在联钢工地中树立了中冶集团的标杆风范,赢得了业主、项目管理、设计成套供应等各方高度认可和赞赏。

  马来西亚联合钢铁项目是国家“一带一路”倡议的重点项目,也是国际产能创新合作的示范性项目,炼铁单元作为本项目最核心的单元,1号高炉的成功点火烘炉拉开了全厂贯通投产的序幕,也标志着国家“一带一路”倡议即将在马来西亚迎来收获期。

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