Posted by anonymousinvestor > 2015-07-09 18:36 | Report Abuse

faster talk3 talk4, do ur best to influence newbies and weak holders. joking =) hope it's good tmr

Posted by Alex Chan > 2015-07-09 18:41 | Report Abuse

30 cents would be good...
100 odd million pending write off

Posted by anonymousinvestor > 2015-07-09 20:20 | Report Abuse

lol lmao

Posted by Johnnys > 2015-07-09 21:25 | Report Abuse

sell to limit down, and start buy below 25 cents.
but at the moment even 25 cents is still consider expansive.

Posted by tjhldg > 2015-07-10 01:08 | Report Abuse

HEHEHEEH ... OFF MARKET 30 CENTS TO ME OK BO ?

ADA BERAPA U ? KNN

TAU MANA CARI ME BO ? IN CASE U ADA BANYAK AND WANNA SELL AT 0.30 AND FIKIR PANLAI PANLAI BUY BACK 0.25 .. ADA TANYA ME BO ? KNN



http://klse.i3investor.com/servlets/forum/900772968.jsp

Posted by bozchry > 2015-07-10 03:50 | Report Abuse

tj relekk jangan marah2...

Posted by Growth74 > 2015-07-10 07:43 | Report Abuse

hahaha.. good one tj

Posted by Goodnews > 2015-07-10 08:56 | Report Abuse

If so bad can give dividend? Overall(2014) still make profit is consider OK. Please check other steel companies whether all make profit.

Posted by tanbb > 2015-07-10 09:22 | Report Abuse

when ex date?

Posted by Mohd Fadli Mohd Shariff > 2015-07-10 10:49 | Report Abuse

0.0065 (1% of 0.50)? too little

Posted by Alex Chan > 2015-07-10 11:08 | Report Abuse

Hopeless. Downtrend starts

Posted by anonymousinvestor > 2015-07-10 11:11 | Report Abuse

awww... i prefer it shoot up when opening. averaged it too, then sold some for minor profit. haiyoo..

Posted by anonymousinvestor > 2015-07-10 11:12 | Report Abuse

i dont know really got ppl wait for 30 or 25 cents and didnt collect a shit..

Posted by anonymousinvestor > 2015-07-10 12:33 | Report Abuse

don't get me wrong. nothing to congrats or proud of for 2 cents of profit, some more over few months of suspension.. opportunities cost.. i should have bought more mieco..

those i bought prior suspension was at 59 cents.. that was to punt for the news i heard.
now have sold some after averaged, hold awhile longer to see what's really happening.

i think as investors have to always be flexible. nothing is fix. even TP and entry price. esp unrealistic price.

Posted by paperplane2 > 2015-07-10 13:18 | Report Abuse

GOOD TIME to accumulate 0.55!!!!!!!!

Posted by anonymousinvestor > 2015-07-10 14:34 | Report Abuse

no choice.. cabut..

Posted by anonymousinvestor > 2015-07-10 14:34 | Report Abuse

maybe come back later

Posted by ah_huat_liao > 2015-07-10 15:37 | Report Abuse

Wow, the "steel giant" finally awakens?!

Hope fellow shareholders have also awaken...

For those with bullish sentiments on this beautiful counter, I do believe one day.... one day, you will be right that it will go up again.

From someone who scalded his fingers with 1+ million shares of this beauty at one point :P

Posted by ah_huat_liao > 2015-07-10 15:41 | Report Abuse

And for those with vested interests, I fully understand how traumatising it must have been over the last 2 months....

The weekend before the trading halt caused me enough sleepless nights, NOT Sweet Dreams... to know that a 6-7 cents profit today is not worth my valuable time.

All the best.

Posted by ah_huat_liao > 2015-07-10 15:45 | Report Abuse

Just my 2-cents advice:

If the counter is really that good, staying on the sidelines for a few more days will do you no harm. As what will go up will keep going up... and likewise when heading south (Just the speed is faster)

We ain't gonna get rich with 100k to 200k shares of this counter.

Posted by ah_huat_liao > 2015-07-10 15:49 | Report Abuse

Masteel transactions for one of my 4 trading platforms...

Total Quantity Bought 408000 Total Value Bought 394,729.650
Total Quantity Sold 408000 Total Value Sold 274,433.910
Net Quantity 0 Net Amount Received ($) (120,295.740)

It is painful, but we play what we can afford to lose without losing sleep :D

Wished I bought a Porsche instead...

Posted by ah_huat_liao > 2015-07-10 15:57 | Report Abuse

There are always bigger "hands" in play... you dun have to believe a single word I say.

Posted by Johnnys > 2015-07-10 16:09 | Report Abuse

still big room to drop.

Posted by wisdomtot > 2015-07-10 16:49 | Report Abuse

Gotta see Monday's movement to be sure where it's heading..

Posted by r°Moi > 2015-07-10 16:50 | Report Abuse

paperplane2 GOOD TIME to accumulate 0.55!!!!!!!!

10/07/2015 13:18




Recap.... big trade receivables also suppliers

In order to show the auditors and special auditors the trade receivables were recoverable.....
Masteel, regardless of whether it needed the goods or not... had most likely pressured the customers/suppliers to send in the goods to contra their debts... and the suppliers gladly obliged in view that prices were falling... End result trade receivables dropped... inventories up when prices dropping... and.... no cash received



Recap... there were dubious deals where traders just ordered but never closed the deals... and ended up Masteel paying penalty... Auditors said these were financing arrangements.... Anyway point is it looks like Masteel needed cash.... No cash.


It is very likely Masteel is facing cashflow problem.... and the dividend payment is rather misguided



Must check if Masteel has the capability to get loans.... else high inventories when prices are dropping and no profit are not the only problems





Just guessing.... do your own analysis


.

Posted by r°Moi > 2015-07-10 16:57 | Report Abuse

If Masteel has the capability to get loans.............. then slightly better

Posted by davidkkw79 > 2015-07-10 18:44 | Report Abuse

So romantic company and so romantic of masteel share holders....

Posted by Johnnys > 2015-07-10 19:20 | Report Abuse

will ask right issue soon.

Posted by Goodnews > 2015-07-13 11:34 | Report Abuse

New rolling mill to boost Masteel revenue by RM360m annually
http://www.theedgemarkets.com/my/article/new-rolling-mill-boost-masteel-revenue-rm360m-annually

Posted by ah_huat_liao > 2015-07-13 12:27 | Report Abuse

Reminder:
There are always positive announcements... but price keep dropping

ks55 is right, the new rolling mill will boost revenue if there are corresponding sales of the steel... isn't it not?

does it means that if MH keep buying planes, it means revenue will keep rising?? guys, dun get suck in a spiral black hole...

if you can make money, fellow investors will be happy. at the moment, everyone is groping in the dark... patience, wait for clear and substantive news, dun play on hope, not in a counter that has been disappointing...

it has proven so far, the falling knife is still falling...

Posted by Goodnews > 2015-07-13 12:44 | Report Abuse

There is dividend coming next month. Those selling at huge loss(5 years low price) is desperate and not smart. Tai dare to convert warrants recently meaning long term outlook for Masteel remain good.

Posted by Goodnews > 2015-07-13 13:03 | Report Abuse

In fact dividend this year is higher than last year despite share price sharp drop YOY.

Posted by Goodnews > 2015-07-13 13:07 | Report Abuse

More revenue(RM 360 million) meaning higher profit ahead for Masteel.

Posted by nooobieee > 2015-07-13 13:18 | Report Abuse

i sold for two reasons
(1) margin is terrible
(2) afraid of disposal announcement

Posted by nooobieee > 2015-07-13 13:19 | Report Abuse

your money, your call. period

Posted by skyjuice2 > 2015-07-13 14:23 | Report Abuse

I also sold for two reasons
(1) right issue/disposal around the corner (this month)
(2) mcn project uncertainties ( political gluts)

Posted by skyjuice2 > 2015-07-13 14:24 | Report Abuse

Your money, your call. period

Posted by skyjuice2 > 2015-07-13 14:24 | Report Abuse

Dare to loose?

Posted by supernova > 2015-07-14 11:00 | Report Abuse

uptrend now, confident is slowly coming in

Posted by benbeh87 > 2015-07-14 11:05 | Report Abuse

yeah..

Posted by tanbb > 2015-07-14 14:35 | Report Abuse

uptrend? then bila TP?

Posted by supernova > 2015-07-15 12:10 | Report Abuse

all moving to kingstel now

Posted by calvintaneng > 2015-07-15 17:30 | Report Abuse

NO! DON'T GO AWAY!

AT 49 cents MASTEEL IS SELLING AT DEEP DISCOUNT OF OVER 75% TO NTA!

MASTEEL WILL BENEFIT FROM GREATER KL MRT & ALL CONSTRUCTION WORKS NEEDING LONG STEEL.

NOW IS THE TIME TO BUY ON WEAKNESS!

By Calvin Tan Research

Posted by paperplane2 > 2015-07-15 17:32 | Report Abuse

HEHE, SMART PPL HERE! below rm0.50 sure win in near future

Posted by calvintaneng > 2015-07-15 18:03 | Report Abuse

Other positive news

Deal for MRT 2 Line Signed.

Building of 7 highways.

Pan Borneo Highway - 1663 km long

West Coastal Highway from Klang to Perak.

Pasi Gudang Highway - Ready soon.

Proposed HSR, Spore - JB MRT, Iskandar Rail Network & Forest City.

All need lots of steel long steel!

The crash of ringgit has erased the advantage of cheap china steel.

Malaysia's steel of higher quality & now at competitive pricing.

Posted by kakijudi > 2015-07-16 14:02 | Report Abuse

Next week will rebound guys. Anyways have a good weekend and selamat hari raya

Posted by m00077 > 2015-07-16 14:24 | Report Abuse

According to account auditor, the account receivable still doubtful. I think Wait until the price stable before enter.

Posted by Howard Tan Jin How > 2015-07-16 18:28 | Report Abuse

According to an electrical contractor. Their factory electronic system is an 20 years plus old technology. Non of them dare to do unless fully rebuilt.just sharing.. not advise in buy or sell

Posted by sayakamiyuki > 2015-07-17 11:39 | Report Abuse

2nd quarter financial performance will more worst. Tp 0.30.

Posted by Masteel > 2015-07-17 15:25 | Report Abuse

Asset play stock(NTA RM2.36). Wonder if Masteel manage to sell all its land how much does it worth? Masteel own a lot of land in Klang and Petaling Jaya base on 2014 annual report. Market capitalisation(MC) only RM 119 million.