MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.325

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.325

Trading Volume

725,400


18 people like this.

14,813 comment(s). Last comment by rizal2020 19 hours ago

titus

4,159 posts

Posted by titus > 2018-04-24 10:48 | Report Abuse

my sifut bought at 88c......say 88 = fatt fatt.......
i no follow.....hehe.....i will start buy when it drop below 78c......10c cheaper than my sifut

VincentTang

1,214 posts

Posted by VincentTang > 2018-04-24 10:54 | Report Abuse

Sell In May And Go Away
http://klse.i3investor.com/blogs/Backtesting/85101.jsp

tecpower

3,536 posts

Posted by tecpower > 2018-04-24 22:17 | Report Abuse

China's steel futures rises on declining inventories, spot prices hikes

China's steel rebar futures rose on Tuesday, almost matching a five-week high hit during previous session, as concerns over weak demand subsided amid declining inventories.
Construction steel rebar contracts for October delivery on the Shanghai Futures Exchange rose 1.9 percent from the previous session's close to 3,576 yuan ($566.34) a tonne as of GMT 0225. They peaked at 3,589 yuan a tonne, the highest since March 9, in early trade.
https://news.webindia123.com/news/articles/Asia/20180424/3328082.html

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-24 23:48 | Report Abuse

China, Hong Kong stocks rally as Beijing vows to hit economic targets | http://www.klsescreener.com/v2/news/view/370321

Posted by uzairbhatti0157 > 2018-04-25 01:58 | Report Abuse

Dow dropped -400 points ...tomorrow monkeys red a**. Tecpower and aiinvestor thanks for updating

Posted by uzairbhatti0157 > 2018-04-25 02:05 | Report Abuse

Worthless bursa now drop with US, before it follow downward trend of china and Japan last week even US was good at that time .....Malaysia market will find it's reason to drop ...useless

Posted by Investar2862 > 2018-04-25 08:52 | Report Abuse

First rule for success in stock market is
DO NOT BE EMOTIONAL
Keep a clear mind
Buy when there is an opportunity to buy low
Sell when others are chasing the stock

Simple thing but not easy to do
That's why there are far lesser successful investors than loser

Posted by Investar2862 > 2018-04-25 08:54 | Report Abuse

I just saw Masteel one hour chart ticked up

tecpower

3,536 posts

Posted by tecpower > 2018-04-25 08:54 | Report Abuse

The worst scenario has been already priced in. Nothing to worry about.

Posted by Investar2862 > 2018-04-25 08:55 | Report Abuse

Getting ready to buy

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-25 11:16 | Report Abuse

Another Optimus clone. But this one is smarter. Probably a GM clone

Posted by uzairbhatti0157 > 2018-04-25 11:38 | Report Abuse

1.7 to 0.7 makes ur mind clear

hstha

3,324 posts

Posted by hstha > 2018-04-25 15:35 | Report Abuse

Buy! Near a bottom

Posted by uzairbhatti0157 > 2018-04-25 16:33 | Report Abuse

Buy ?????? I think we should pray

pitbull

1,438 posts

Posted by pitbull > 2018-04-25 17:00 | Report Abuse

Buy...good.
Hope can 0.7
I ALL IN

Posted by uzairbhatti0157 > 2018-04-25 17:08 | Report Abuse

Everyday 3 to 5% drop in masteel only

KLCI King

3,220 posts

Posted by KLCI King > 2018-04-25 17:09 | Report Abuse

Kept going down

Posted by uzairbhatti0157 > 2018-04-25 19:17 | Report Abuse

They are making steel or condoms

tecpower

3,536 posts

Posted by tecpower > 2018-04-25 21:16 | Report Abuse

UPDATE 1-Shanghai rebar rises to nearly 7-week high on firmer demand
https://af.reuters.com/article/commoditiesNews/idAFL3N1S22SJ

April 25 (Reuters) - Chinese steel futures climbed to their highest in nearly seven weeks on Wednesday, supported by a sustained drop in inventories of the building material as seasonal demand gained steam.

tecpower

3,536 posts

Posted by tecpower > 2018-04-25 21:17 | Report Abuse

Wow, China Rebar Price rebounded dramatically.

http://www.sunsirs.com/uk/prodetail-927.html

tecpower

3,536 posts

Posted by tecpower > 2018-04-25 21:19 | Report Abuse

Today Lsteel was up 1.20%. CSCSTEL was up 0.75%.

Posted by uzairbhatti0157 > 2018-04-25 21:42 | Report Abuse

Rip, Dow open red

aiinvestor

801 posts

Posted by aiinvestor > 2018-04-26 07:44 | Report Abuse

https://www.bloomberg.com/news/articles/2018-04-25/nasdaq-100-rallies-after-hours-on-facebook-chipmaker-earnings

Nasdaq 100 Rallies After-Hours on Facebook, Chipmaker Earnings

hstha

3,324 posts

Posted by hstha > 2018-04-26 08:08 | Report Abuse

Additionally, we expect higher oil prices to boost the shipments of the company’s tubular steel division, which produces steels used in oil and gas drilling activities.

aslm

379 posts

Posted by aslm > 2018-04-26 09:06 | Report Abuse

【沪锌期货主力开盘跌近2%,铁矿、郑醇跌超1%】橡胶、焦炭、鸡蛋、沪铅、玻璃、热卷、郑煤、螺纹、沪镍、沪金下跌。塑料、硅铁、沪锡、焦煤、沪铜、郑棉、白糖上涨。
(华尔街见闻7x24直播 不止是快) https://wallstreetcn.com/live/global

Posted by uzairbhatti0157 > 2018-04-26 14:39 | Report Abuse

Their is something wrong with this counter???? lousy stock it better to take lottery

Posted by uzairbhatti0157 > 2018-04-26 14:45 | Report Abuse

Now malaysia will follow china because it is going down today....whole week followed US bcz it was going down

Posted by uzairbhatti0157 > 2018-04-26 14:46 | Report Abuse

I think better to CUT loss?????

aslm

379 posts

Posted by aslm > 2018-04-26 15:02 | Report Abuse

【国内商品期货多数收跌,沪锌跌近3%】橡胶、郑醇、铁矿、豆粕跌逾1%,焦炭、郑油、菜粕、玉米、沪铅、沪铝、硅铁、沪镍、原油、玻璃、沪银、郑煤、沪铜、螺纹、热卷、焦煤、沥青、沪金、鸡蛋等收跌。苹果领涨,收涨3.9%;锰硅涨1%,塑料、沪锡、白糖等收涨。
(华尔街见闻7x24直播 不止是快) https://wallstreetcn.com/live/global

Posted by uzairbhatti0157 > 2018-04-26 15:08 | Report Abuse

aluminium co (Alcom) is still 4% up

Posted by uzairbhatti0157 > 2018-04-26 15:19 | Report Abuse

All the global pressures i don't know why affect masteel a lot

Posted by uzairbhatti0157 > 2018-04-26 15:21 | Report Abuse

daily 3 to 5% downward trend masteel maintained...most stupid investment i have made, still one and half hour trading left, lets see what this bast**rd will show

Posted by DangoWango > 2018-04-26 15:37 | Report Abuse

Bought at 0.945. Im screwed

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-04-26 15:47 | Report Abuse

i bought on 1.22 .... drop until now .....

Posted by DangoWango > 2018-04-26 15:50 | Report Abuse

wyc555wyc not cutting loss?

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-04-26 17:00 | Report Abuse

wait n see 1st~ waiting QR report come out

Posted by wisdom7333 > 2018-04-26 17:25 | Report Abuse

bought at 0.95 still holding ouch :(

Posted by uzairbhatti0157 > 2018-04-26 17:35 | Report Abuse

Don't expect too much from qtr results

aslm

379 posts

Posted by aslm > 2018-04-26 17:39 | Report Abuse

Too many holidays in Q1 + shorter calendar days, the Q1 results might be moderate. Wait for Q2.

wyc555wyc

159 posts

Posted by wyc555wyc > 2018-04-26 17:40 | Report Abuse

see next QR report drop how many %.

hstha

3,324 posts

Posted by hstha > 2018-04-26 21:02 | Report Abuse

China Rebar Price
http://www.sunsirs.com/uk/prodetail-927.html

hstha

3,324 posts

Posted by hstha > 2018-04-26 21:03 | Report Abuse

Even if the next QR announcement is not good, the stock price will be able to move up as the worst scenario has been priced in.

Posted by uzairbhatti0157 > 2018-04-26 22:02 | Report Abuse

hstha masteel is waste of time and money

hstha

3,324 posts

Posted by hstha > 2018-04-26 23:36 | Report Abuse

I don't believe anyone here. I just belive myself.

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-04-27 07:12 | Report Abuse

Hstha is my boy

wingold

154 posts

Posted by wingold > 2018-04-27 09:58 | Report Abuse

agree with hstha hahaha

Posted by uzairbhatti0157 > 2018-04-27 10:08 | Report Abuse

What's wrong with masteel today ??

Posted by uzairbhatti0157 > 2018-04-27 10:11 | Report Abuse

Again leaving US upside Malaysia is looking reason to drop again

Posted by syedluqman > 2018-04-27 15:21 | Report Abuse

I still holding 630 lot avg cost 1.10 hope after QR can fly... long time waiting

hstha

3,324 posts

Posted by hstha > 2018-04-28 16:40 | Report Abuse

CHINA REBAR: Domestic prices rebound amid active trading
China’s domestic rebar prices rebounded slightly on Friday April 27, supported by an uptick in sales volume ahead of the long weekend.
https://www.metalbulletin.com/Article/3803179/Carbon-steel/CHINA-REBAR-Domestic-prices-rebound-amid-active-trading.html

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