Posted by longtermvaluegain > 2019-12-20 11:15 | Report Abuse

THESE ARE SOME SALIENT FACTORS FOR MASTEEL

1. AT 51.5 SEN WITH NTA OVER RM1.50 MASTEEL IS SELLING AT ONLY 1/3 OF ITS NTA. HIGH MARGIN OF SAFETY

2. WITH THE FLOODING OF VALE IRON ORE MINE RAW IRON ORE PRICES ALREADY UP BY MORE THAN 70%
MASTEEL WISELY TURNED TO SCRAP METAL USE WHICH IS CHEAPER. SO AMONG ALL 4 LONG STEEL PLAYERS MASTEEL WILL HAVE THE LOWEST FEED COST FOR STEEL

3. LIKE LAFARGE FACTORY IN RAWANG MASTEEL FACTORY IN KLANG IS ALSO VERY NEAR THE ECRL. THIS WILL SAVE TIME AND TRANSPORT COST. ANOTHER PLUS FACTOR

4. SO EASY TO BUY LONG STEEL STOCKS AS MASTEEL IS ONE OF TOP 3 LONG STEEL PLAYERS. THE OTHER 2 ARE ANNJOO & SSTEEL AND MASTEEL BEING PURE LONG STEEL WILL HAVE THE MOST EXPOSURE (FOR CONTRUCTION COMPANIES BIDDING FOR ECRL JOBS THERE ARE THOUSANDS. WHICH ONES WILL BE CHOSEN. WHY SO DIFFICULT LEH? JUST BUY MASTEEL AS ALL CONSTRUCTION PLAYERS WILL STILL NEED TO BUY LONG STEEL TOGETHER WITH BUYING CEMENT

5. LONG STEEL IS USED FOR BRIDGES, RE INFORCEMENT & RETAINING WALLS NEAR EMBANKMENT TO PREVENT SOIL EROSION & GIVE STABILITY TO TERRIAN

JUST AS CEMENT FOR THE BODY THE BACKBONE SUPPORTS A PERSON. MASTEEL GIVES SUPPORT FOR INFRAR WORKS

6. OTHER WORKS NEEDING LONG STEEL ARE PAN BONEO HIGHWAY & BANDAR MALAYSIA AS WELL AS THE UPCOMING HIGH SPEED RAIL NEXT YEAR .
AT 51.5 SEN NOW MASTEEL IS AT ITS CYCLICAL LOW

Posted by Naz90 > 2019-12-20 11:18 | Report Abuse

QBuy @ 39sen

Posted by blackchicken > 2019-12-20 13:10 | Report Abuse

No news means no fire

Posted by longtermvaluegain > 2019-12-20 14:03 | Report Abuse

Correct, chicken.

Posted by blackchicken > 2019-12-20 18:28 | Report Abuse

No news..

Posted by Jerichomy > 2019-12-21 10:22 | Report Abuse

Bursa went up so much overnight but no gap up...aiyoh

Posted by Jerichomy > 2019-12-21 10:24 |

Post removed.Why?

Posted by khatulistiwa1234 > 2019-12-27 09:39 | Report Abuse

Dumping steel tariff protection is on prcatice effective 26 Dec 2019 , good new for local iron sector , all since rebound accordingly .

Posted by khatulistiwa1234 > 2019-12-27 09:42 | Report Abuse

10 cents BIG GAP UP in all segment iron stock , highly expected , oversea iron on supply control , protect local iron , iron scrap all bound back previous salvaged teeth , all rise back reasonable pricing .

Posted by khatulistiwa1234 > 2019-12-27 13:05 | Report Abuse

Awaiting the new image 2020 vision ,Masteel achieve the most profitable iron stock in ore .

Posted by thesteward > 2019-12-27 14:32 | Report Abuse

Masteel 2020 stock gogogo

Posted by thesteward > 2019-12-27 14:33 | Report Abuse

Hsb Bandar MSia ecrl lrt all need steel

Posted by thesteward > 2019-12-27 14:35 | Report Abuse

Masteel Could go back to at least 70 next year. Fingers crossed

Posted by Jerichomy > 2019-12-27 19:13 | Report Abuse

Why 70...not rm1 like calvin teng or tan said

Posted by Jerichomy > 2019-12-27 19:23 | Report Abuse

Calvin Teng, where are you

Posted by TheContrarian > 2019-12-27 21:12 | Report Abuse

Calvin yet to issue buy call on Masteel.

Posted by T800Terminator > 2019-12-27 21:47 | Report Abuse

I’m in again. But why private placement never end?

Posted by TheContrarian > 2019-12-27 22:23 | Report Abuse

Masteel has entered into a share subscription agreement with Macquarie Bank for the latter to subscribe to shares of Masteel from time to time for a period of 12 months from Sept 2019 up to an aggregate total of 42.5 million shares.

Posted by Jerichomy > 2019-12-28 11:18 |

Post removed.Why?

Posted by TheContrarian > 2019-12-28 11:31 | Report Abuse

T800 is old model of terminator? You bought OSKVI or not?

Posted by Jerichomy > 2019-12-28 11:43 |

Post removed.Why?

Posted by Jerichomy > 2019-12-28 11:52 | Report Abuse

Btw, your view on Ekovest is correct and lot of ppl got burn overnight

Posted by T800Terminator > 2019-12-28 12:12 | Report Abuse

I got burnt on OSKVI previously. Volume too low. Not easy to run it drop significantly

Posted by TheContrarian > 2019-12-28 13:15 | Report Abuse

I already sold off all my Ekovest shares and warrants in April after it went limit up and didn't touch it again. Very huge volume doesn't mean someone is accumulating, it merely signals manipulation by syndicate. Sometimes this is at the beginning, sometimes it's at the tail end. You need keen eyes to see through this manipulation. If it's the start, you can jump in but if it's the tail end you must stay away.

Posted by TheContrarian > 2019-12-28 13:21 | Report Abuse

T800Terminator, at OSKVI forum I was basically encouraging people to buy. Even if bought at 47 sen could still make 20% gain based on closing price of 56.5 sen.

Posted by TheContrarian > 2019-12-28 13:34 | Report Abuse

Jerichomy, have faith in Masteel. You can follow T800Terminator's strategy to sell when price spikes up and buy back when it falls back. For the time being I expect a trading range from 40 to 46 sen until it breaks out from this consolidation phase.

Posted by Jerichomy > 2019-12-28 13:44 |

Post removed.Why?

Posted by Jerichomy > 2019-12-28 13:51 | Report Abuse

T800 terminator..online share..if drop significantly, you still can sell shares right...cannot runaway easily ??? Why

Posted by T800Terminator > 2019-12-28 22:00 | Report Abuse

Unless your holdings large qty which is not easy to sell all when drop at your desire price.

Posted by TheContrarian > 2019-12-29 10:15 | Report Abuse

I haven't sold Uzma yet. I feel it can spike up one more time. That's why people like hng33 re-enter. My cost is 20 sen lower than his. When I re-enter Uzma at 0.785 I have a target price to sell and I am sticking to it.

Posted by Jerichomy > 2019-12-29 14:28 |

Post removed.Why?

Posted by Jerichomy > 2019-12-29 14:30 | Report Abuse

T800Terminator, now i know that holding huge quantity also has challenges...thanks for the kind advice and noted

Posted by TheContrarian > 2019-12-29 16:34 | Report Abuse

hng33 very transparent punter, always announces his buying price and selling price instantly. I don't know him personally but I pay attention to his comments.

Posted by Jerichomy > 2019-12-29 16:47 |

Post removed.Why?

Posted by TheContrarian > 2019-12-29 17:51 | Report Abuse

How long have you been playing the stockmarket?

Posted by Jerichomy > 2019-12-29 18:22 | Report Abuse

I play since end of last year but earn only rm50k from ytl, and eforce...after that, i did not earn anything until now...i am become too greedy coz i nearly earn in masteel by 20k but did not sell until it is too late...but luckily, earn some small money of 5k from uzma which i sold too early at buy of 68 cents and sold at 78cents...

Posted by Jerichomy > 2019-12-29 18:24 | Report Abuse

You can add me in wapps..0122071504

Posted by TheContrarian > 2019-12-29 20:34 | Report Abuse

You are doing very well for someone who just started a year ago.

Posted by Jerichomy > 2019-12-29 20:55 |

Post removed.Why?

Posted by blackchicken > 2019-12-29 22:39 | Report Abuse

2020 will be a great year for the steel industry in Malaysia. The government is aware that the steel industry in Malaysia has been in a slump for a long time. That's why they imposed anti-dumping duties on steel products and revived 1MDB-linked mega projects. The government will try to help the steel industry in Malaysia revive again.

Posted by khatulistiwa1234 > 2019-12-30 14:25 | Report Abuse

Tai sir say , all in control , will fly high in schedule .

Posted by Ooddd > 2019-12-30 14:46 | Report Abuse

Fly to bottom?

Posted by blackchicken > 2019-12-30 18:34 | Report Abuse

The Malaysian economy in 2020
https://www.malaysiakini.com/news/504927

Posted by Jerichomy > 2019-12-30 20:53 |

Post removed.Why?

Posted by TheContrarian > 2019-12-31 09:54 | Report Abuse

Go, go, go Masteel.

Posted by Dajiahao Ma > 2019-12-31 10:05 | Report Abuse

Yup.. They are back again.. Yeahhh!!!

Posted by TheContrarian > 2019-12-31 10:23 | Report Abuse

Steel theme.

Posted by T800Terminator > 2019-12-31 10:26 | Report Abuse

Sold all....3rd round profit

Posted by Dajiahao Ma > 2019-12-31 10:32 | Report Abuse

TheContarian, how is your view at the current movement? A continuation +ve movement ahead?

Posted by thesteward > 2019-12-31 11:01 | Report Abuse

Yipppppppppeeeee cun cun again