Posted by hstha > 2018-04-28 16:41 | Report Abuse

Shanghai steel marks best week since Dec on robust demand
in Commodity News 28/04/2018
https://www.hellenicshippingnews.com/shanghai-steel-marks-best-week-since-dec-on-robust-demand/

Posted by ArchangelAmbrose > 2018-04-30 11:12 | Report Abuse

waiting to take over the company at the price 0.05 per share

Posted by ArchangelAmbrose > 2018-04-30 11:13 | Report Abuse

I will delist the company from bursa with the offer of 0.01 per share to the remaining shares in market. mark my words

Posted by hstha > 2018-04-30 23:39 | Report Abuse

China's economy gives little sign of slowdown as PMIs hold up

https://www.businesstimes.com.sg/government-economy/chinas-economy-gives-little-sign-of-slowdown-as-pmis-hold-up

Posted by hstha > 2018-05-01 00:29 | Report Abuse

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

Posted by titus > 2018-05-02 09:04 | Report Abuse

china rebar price going up??? hehehe......good for masteel then.....

Posted by csl1991 > 2018-05-02 16:12 | Report Abuse

Extracted from Annual Report:
1) Slower demand of bars due to weakness in the domestic property sector is expected to be offset by the rolling out of the Malaysian government’s various infrastructure projects and spending. Prominent mega infrastructure/construction projects that have been announced which are in progress or about to be implemented include the KL-Singapore High Speed Rail, East Coast Rail Link, Pan Borneo Highway, Light Rail Transit 3, Gemas-Johor Baru rail link, Mass Rapid Transit Circle Line and the MRT 2. [Source:https://www.thestar.com.my/business/business-news/2018/02/03/steelrecovery-seen-sustainable]

2) Any potential increase in costs will be mitigated by striving for higher output with the implementation of new technology packages and manpower retraining.

3) Foreign exchange volatility risk will be mitigated through constant monitoring of the foreign exchange market and the Company’s overall forex exposure.

4) The steel tariff of 25% announced by Donald Trump’s administration in early 2018 is not expected to have a substantial effect on the Company as Masteel does not export its steel bars to the USA. Export sales only constitutes 2.50% of total sales for FYE 2017.

5) The commencement of a foreign owned steel mill in the east coast is not expected to pose a significant risk as substantial amount of their production output is required to be exported.

Posted by 1443312389 > 2018-05-02 20:27 | Report Abuse

this year write so big in proxy form n door gift or hotel meal voucher lol

Posted by hstha > 2018-05-02 22:22 | Report Abuse

The China rebar price surged!!
http://www.sunsirs.com/uk/prodetail-927.html

Posted by hstha > 2018-05-02 22:25 | Report Abuse

Jiangsu Shagang Group, China's largest privately-owned steelmaker, Tuesday said it would lift domestic rebar list prices by Yuan 130/mt ($20/mt) for the May 1-10 period.

This was the mill's second consecutive price increase since late April, and takes the total increase since then to Yuan 250/mt. Shagang's 16-25 mm diameter HRB400 rebar price rose to Yuan 4,070/mt, including 17% VAT, a mill source said.

Shagang also raised its prices for wire rod by Yuan 150/mt, taking HPB300 6.5 mm wire rod to Yuan 4,150/mt, including VAT.

Shagang's latest price increases were made following similar increases in domestic spot prices, market sources said. Spot rebar prices in eastern China had made consecutive gains over the past two weeks, in response to falling market inventories and strong futures prices.

S&P Global Platts weekly Jiangsu ex-works rebar assessment rose by a total of Yuan 230/mt in two weeks as of April 27 to Yuan 3,935/mt.
https://www.platts.com/latest-news/metals/singapore/chinas-shagang-raises-may-1-10-rebar-wire-rod-27969183

Posted by titus > 2018-05-03 10:24 | Report Abuse

Hi hstha....it is indeed a good news. Broken the 4000 mark a'dy.....hehe...
can i ask your help to provide a link for 1 year rebar price history? I couldn't find it anywhere.....thanks in advance

Posted by USApg > 2018-05-03 12:57 | Report Abuse

https://www.quandl.com/data/CHRIS/SHFE_RB1-Shanghai-Steel-Rebar-Futures-Continuous-Contract-1-RB1-Front-Month?utm_medium=graph&utm_source=quandl

Posted by titus > 2018-05-03 15:44 | Report Abuse

thanks USApg....like that go go masteel...huat ah...

Posted by tecpower > 2018-05-04 08:16 | Report Abuse

China rebar price surged again!

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

Posted by USApg > 2018-05-07 14:18 | Report Abuse

Rebar@shfe surge

Posted by ArchangelAmbrose > 2018-05-07 18:56 | Report Abuse

ya, you guys must thrown your shares off tomorrow. clear your portfolio to no share left. safer. support what uzair said, this share will drop to 0.00.

Posted by ArchangelAmbrose > 2018-05-07 18:57 | Report Abuse

at that time, see me buyout this company at Rm0.01 per share

Posted by uzairbhatti0157 > 2018-05-07 19:11 | Report Abuse

Ambrose when u buy at RM 0.01 masteel will delist next day ....no high hopes from lousy counter and market

Posted by uzairbhatti0157 > 2018-05-08 08:29 | Report Abuse

Few months back lot of ppl talk in this board but now dead silent

Posted by hstha > 2018-05-08 08:30 | Report Abuse

Apple leads Wall Street higher | http://www.klsescreener.com/v2/news/view/375541

Posted by uzairbhatti0157 > 2018-05-08 09:01 | Report Abuse

No high hopes ....Malaysia open red

Posted by uzairbhatti0157 > 2018-05-08 09:03 | Report Abuse

Monkeys red ass

Posted by isupertrader > 2018-05-08 13:57 | Report Abuse

just collect more. average it out. this fall is affect by foreign pull out due go Trump imposing the 25% steel which doesn't affect local.Graham value in this share is RM2 plus so grossly undervalue now.

Posted by isupertrader > 2018-05-08 13:59 | Report Abuse

http://www.masteel.com.my/uploads/2018/04/2018.04.11-Steel-stocks-regain-strength-Starbiz.jpg

Posted by hstha > 2018-05-08 15:34 | Report Abuse

HUAAN Is very bullish

Posted by tecpower > 2018-05-08 16:24 | Report Abuse

Chinese exports rebound despite trade brawl
http://www.acbr.com.au/chinese-exports-rebound-despite-trade-brawl

Posted by titus > 2018-05-10 01:24 | Report Abuse

PH no say scrap hsr n ecrl. It said review. Review can be the form of the loopsided contract. Can request 90% material source locally. Hire locals. Unlike now, all from china.

Posted by titus > 2018-05-10 15:09 | Report Abuse

lol.....USApg.... y dig back january news. Go la listen to PH conference today......no need to create fear....

Posted by uzairbhatti0157 > 2018-05-10 17:21 | Report Abuse

Election outcome and selected party is good for market?

Posted by titus > 2018-05-11 11:56 | Report Abuse

short term- might be good or no good. Long term sure good. Any government that emphasize on clean gomen, transparency and fair will be always perform in long term.

Posted by Henly > 2018-05-11 14:04 | Report Abuse

short term government project will be review, not so good for masteel

Posted by uzairbhatti0157 > 2018-05-11 14:35 | Report Abuse

Mahathir said he had no problem with China's Belt and Road Initiative (BRI), a wide-reaching infrastructure investment program
https://www.cnbc.com/2018/05/10/malaysia-election-may-hit-china-belt-and-road-infrastructure-projects.html

Posted by uzairbhatti0157 > 2018-05-11 14:37 | Report Abuse

Long term going to be good

Posted by titus > 2018-05-11 15:10 | Report Abuse

gomen say project reviwe but din say stop ma. Furthermore, steel price is good le. Dun tell me project like exchange 106 stop meh. Already half way built. Eye sore loh if going into KL. ECRL started. Project cancel will pay penalty. But T&C review highly possible and this not necessary bad for malaysia ma. Heard ECRL project all also buy from china. Even bolt and nuts. Some even say rice and rice cooker also bring from there. So if can buy locally, good for the local ppl loh. Hire more local labor compare to all foreign labor and say dunno to local cannot understand the china chinese and read the manual. What an insult.........it might slow down the project abit but i don't think it will stall loh....

Posted by titus > 2018-05-11 15:11 | Report Abuse

Penang PH won ma & the undersea tunnel go ahead loh......undersea need alot of steel??? sure loh but dunno how much is alot....hehe

Posted by GoodInvestor > 2018-05-11 15:20 | Report Abuse

Mahathir Win Has Morgan Stanley Seeing Malaysia Stock Volatility
http://www.theedgemarkets.com/article/mahathir-win-has-morgan-stanley-seeing-malaysia-stock-volatility

Malaysia's markets face "bumpy ride"
https://twitter.com/business/status/994404418849132544?s=09

Posted by titus > 2018-05-11 15:33 | Report Abuse

if there is a sell down.....then prepare to buy good & cheap stk loh....hehe

Posted by titus > 2018-05-11 15:34 | Report Abuse

buy petron, opcom, bjcorp???? ^_^
any suggestion.....

Posted by loonginv > 2018-05-11 15:55 | Report Abuse

bjc terbaik...

Posted by uzairbhatti0157 > 2018-05-11 17:54 | Report Abuse

No hopes

Posted by USApg > 2018-05-13 09:39 | Report Abuse

Poor demand, dispose

Posted by aiinvestor > 2018-05-13 13:00 | Report Abuse

CIMB Investment Bank said foreign investors may reduce their weighting in Malaysia due to short-term uncertainties.

“As such, banking stocks that have never seen foreign inflows in recent months may be negatively impacted. Constructions sector too will be negatively impacted as big projects may be reviewed,” the research house said.

“Consumer stocks however could gain from potential goods and services tax abolishment and minimum wage hike. Exporters may also gain due to their limited exposure to the domestic market,” it said.

-----------------

https://www.nst.com.my/business/2018/05/368459/short-term-pain-long-term-gain-malaysia-stock-market-analysts

Posted by uzairbhatti0157 > 2018-05-13 13:43 | Report Abuse

Election result is in line with what Malaysia wants but now why sentiment is soooo bad abt the market, I think big guys making way to entre in the market at lower price that's why spreading bad sentiment.

Posted by VincentTang > 2018-05-13 22:13 | Report Abuse

外资不安 卖了再说 马股下周一开盘恐挫100点
http://klse.i3investor.com/blogs/Election/156466.jsp

Posted by Fergus Chong > 2018-05-14 00:27 | Report Abuse

Hello Vincent, it’s 10/05/2018 before mahathir’s announcement

Posted by titus > 2018-05-14 09:34 | Report Abuse

wahh....turn back positive ah?......so sad.....no sell down. Was looking at last 25%.....TAKDE PUN....

Posted by ArchangelAmbrose > 2018-05-14 17:44 | Report Abuse

business okay but share price can't fly. management is thoughtful, they want me to keep their shares for my next generation. kakaka

Posted by ArchangelAmbrose > 2018-05-14 17:44 | Report Abuse

waiting to see it drop to RM0.01 per share to buy out it.

Posted by loonginv > 2018-05-14 18:48 | Report Abuse

heard that masteel oledi stop prod for two month????

Posted by ArchangelAmbrose > 2018-05-14 20:29 | Report Abuse

they saw my posts. trying hard to make my target price of Rm0.01 realize. got so many staffs in the company, all rub_bis.