Posted by tkl88 > 2020-11-05 10:18 |

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Posted by tkl88 > 2020-11-05 10:20 |

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Posted by tkl88 > 2020-11-05 15:12 |

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Posted by tkl88 > 2020-11-05 15:15 |

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Posted by tkl88 > 2020-11-06 14:47 |

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Posted by tkl88 > 2020-11-06 14:55 |

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Posted by tkl88 > 2020-11-08 02:05 | Report Abuse

Superb good news !

Biden Wins Presidency, Ending Four Tumultuous Years Under Trump
https://www.google.com.my/amp/s/www.nytimes.com/2020/11/07/us/politics/biden-election.amp.html

By Jonathan Martin and Alexander Burns
* Nov. 7, 2020
Updated 12:48 p.m. ET

Joseph R. Biden Jr. achieved victory offering a message of healing and unity. He will return to Washington facing a daunting set of crises.

Joseph Robinette Biden Jr. was elected the 46th president of the United States on Saturday, promising to restore political normalcy and a spirit of national unity to confront raging health and economic crises, and making Donald J. Trump a one-term president after four years of tumult in the White House.
Mr. Biden’s victory amounted to a repudiation of Mr. Trump by millions of voters exhausted with his divisive conduct and chaotic administration, and was delivered by an unlikely alliance of women, people of color, old and young voters and a sliver of disaffected Republicans. Mr. Trump is only the third elected president since World War II to lose re-election, and the first in more than a quarter-century.
The result also provided a history-making moment for Mr. Biden’s running mate, Senator Kamala Harris of California, who will become the first woman to serve as vice president.
With his triumph, Mr. Biden, who turns 78 later this month, fulfilled his decades-long ambition in his third bid for the White House, becoming the oldest person elected president. A pillar of Washington who was first elected amid the Watergate scandal, and who prefers political consensus over combat, Mr. Biden will lead a nation and a Democratic Party that have become far more ideological since his arrival in the capital in 1973.

Posted by tkl88 > 2020-11-08 03:12 | Report Abuse

Like that next Monday onwards world stock markets including our KLSE will spike up like mad already !

Huat ah ! Heng ah ! Ong ah !

Posted by bali > 2020-11-08 08:47 | Report Abuse

Biden win, war trade might end, big stimulus to steel counter

Posted by tkl88 > 2020-11-09 14:16 | Report Abuse

President Biden is favours to world trade !
World economy will start booming from today onwards !
And asian stock markets including KLSE will be in bull market from today onwards !
As at 2.10pm,
Hang Seng : 26,095.46 (+382.49) (+1.49 %)
Shanghai composite: 3,380.38 (+68.23) (+2.06 %)
Nikkei : 24,912.31 (+587.08) (+1.41 %)
Taiwan Weighted : 13,127.47 (+153.94) (+1.19 %)
Korea Kopsi : 2,449.96 (+33.46) (+1.38 %)
Singapore STI : 2,611.34 (+32.66) (+1.27 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 22:37 | Report Abuse

Wow, oil price spike up like mad !
As at 9.50pm,
Nymex at => $40.67 (+3.53) (+9.50 %)
Brent at => $42.77 (+3.32) (+8.42 %)

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-09 23:16 | Report Abuse

Oil Jumps by Most Since June on Covid Vaccine Progress
Alex Longley and Matthew Martin
Mon, November 9, 2020, 9:54 PM GMT+8·2 min
https://finance.yahoo.com/news/oil-climbs-biden-win-spurring-105416567.html

(Bloomberg) -- Oil in London jumped by the most since June as Pfizer Inc. reported a potential Covid-19 vaccine breakthrough.

Crude futures spiked following news the vaccine, being developed by Pfizer and BioNTech SE, prevented more than 90% of infections in a study of tens of thousands of volunteers.

Markets globally surged. WTI climbed more than 10% in New York, while global equities soared. It led to broader strength in the oil futures curve, with timespreads also moving sharply higher.

A vaccine “would be the most meaningful type of mitigator to the situation,” Saudi Energy Minister Prince Abdulaziz Bin Salman said prior to the Pfizer announcement at a conference on Monday. “We’re still hopeful that vaccine is found and that vaccine or vaccines spread and hopefully mobility would be regained.”

Since Covid first emerged, oil markets have been steadily recovering from the biggest crash in consumption in a generation. Transport use in Asia has rebounded strongly, but the renewed resurgence of the virus in Europe has continued to weigh on demand in the region. The emergence of a vaccine would not only help regions suffering form renewed lockdowns, but could also help spur the return of aviation demand -- the hardest hit corner of the market.

The relief in the market was seen in the profits from turning crude into transport fuels. Gasoline cracks in the U.S. reached their highest since mid-October, while those in Europe also gained. Jet fuel was also gaining relative to the value of other transport fuels in Europe, Bloomberg fair value data show.

Prices had earlier rallied as Joe Biden declared victory in the U.S. presidential election and began preparations to navigate America’s pandemic-hit economy out of crisis, with potential shifts coming on a range of policies from fiscal stimulus to Iranian sanctions. At the same time, Saudi Arabia said that OPEC+ could extend oil cuts through 2022 as the group seeks to re-balance the glutted market.

Posted by tkl88 > 2020-11-10 00:15 | Report Abuse

Walaoeh, Dow Jones spike up to sky high !
As at 12.05am,
Dow Jones at=> 29,425.57 (+1,102.17) (+3.89 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-11 01:26 | Report Abuse

Wow, oil price continue to spike up !
As at 1.20am,
Nymex=> $41.29 ‪(+1.00) (+2.48 %)‬
Brent => $43.44 ‪ (+1.04) (+2.45 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-11 07:39 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !
Dow Jones closed at=> 29,420.92 (+262.95) (+0.90 %) !

Huat ah ! Heng ah ! Ong ah !

Posted by tkl88 > 2020-11-11 16:07 |

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Posted by tkl88 > 2020-11-11 19:13 | Report Abuse

Oil price continue to spike up like mad !
As at 7.02pm,
Nymex=> $42.89 (+1.53) (+3.70 %)
Brent => $45.16 ‪(+1.55) (+3.55 %)‬

‪Huat ah ! Heng ah ! Ong ah !‬

Posted by sephiroth95 > 2020-11-11 22:41 | Report Abuse

sell sell take profit and run hahaha

Posted by tkl88 > 2020-11-13 17:17 |

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Posted by shrobin > 2020-11-15 16:02 | Report Abuse

Malaysia going to sign RCEP, will it be negative to steel and cement businesses in Malaysia?

Posted by tkl88 > 2020-11-17 07:39 | Report Abuse

Dow Jones continue to spike up like mad !
Dow Jones closed at=>29,950.44 (+470.63) (+1.60 %)

Huat ah ! Heng ah ! Ong ah !

Posted by BaRaQii > 2020-11-18 11:49 | Report Abuse

possibly new spark afternoon. 0.34 within TP

Posted by sapurakencana > 2020-11-19 13:57 | Report Abuse

Fundalmental : becareful of inventory level. Raw material 80% + Finish good 15 %+ WIP & pls compare with other steel company.

Posted by tkl88 > 2020-11-20 06:47 | Report Abuse

Malaysia in deal with China for Covid-19 vaccine development
PUBLISHED : 18 NOV 2020 AT 19:40
WRITER: REUTERS

https://www.bangkokpost.com/world/2021843/malaysia-in-deal-with-china-for-covid-19-vaccine-development

KUALA LUMPUR: Malaysia said on Wednesday it has signed an agreement with China to cooperate on the development of a safe and efficacious vaccine, as part of efforts to combat the Covid-19 pandemic.

Under the agreement, in force for an initial period of five years, the Southeast Asian nation will be given priority access to Covid-19 vaccines developed by China. Both will share knowledge and expertise and facilitate scientific and technological capabilities to advance vaccine development in their countries, Malaysia said in a joint ministerial statement.
Science, Technology and Innovation Minister Khairy Jamaluddin signed the agreement with his Chinese counterpart Wang Zhigang in a virtual ceremony.

Cooperation between Malaysia and China under the agreement would be supervised by a committee chaired by the foreign affairs ministers of both countries that was formed in October to address post-pandemic challenges.

"Both countries will also support the participation of their public and private sectors including universities, institutions, societies and organisations in joint collaborative projects," the Malaysian ministries said.

Posted by tkl88 > 2020-11-20 08:24 | Report Abuse

Khairy: Malaysia to pay RM94mil upfront for vaccine under Covax plan

* NATION
* Thursday, 19 Nov 2020 
10:53 AM MYT By MARTIN CARVALHO, RAHIMY RAHIM and TARRENCE TAN

https://www.thestar.com.my/news/nation/2020/11/19/khairy-malaysia-to-pay-upfront-rm94mil-for-vaccine-under-covax-plan

Posted by tamp0i > 2020-11-20 22:35 | Report Abuse

Sui sui result, definitely steel demand rising... If another 2 quarters consistently giving positive earnings then sure momentum coming

Posted by OneSmallStep > 2020-11-21 01:40 | Report Abuse

I expect price to be higher next year, driven by increasing demand and profit as the economy recovers. Medium term investment I guess. Plan to add more...

Posted by ChoCho > 2020-11-21 23:21 | Report Abuse

excellent quarter result. in line with China booming steel industry. All China steel companies are on rocket fuel. Malaysia steel companies like Masteel, Ann Joo will be in the same trend. The tide will lift all boats.

Posted by DreamMaster > 2020-11-21 23:22 | Report Abuse

Up to 1.56%

Posted by flyingtomoon2020 > 2020-11-21 23:22 | Report Abuse

Masteel gogogo

Posted by DreamMaster > 2020-11-21 23:22 | Report Abuse

Okay also la

Posted by flyingtomoon2020 > 2020-11-21 23:22 |

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Posted by DreamMaster > 2020-11-21 23:22 | Report Abuse

Boleh juga la

Posted by DreamMaster > 2020-11-21 23:23 | Report Abuse

Boleh kasi up lagi sikit kah

Posted by DreamMaster > 2020-11-21 23:23 | Report Abuse

Baru la lagi sedap main sikit

Posted by DreamMaster > 2020-11-21 23:23 | Report Abuse

Very good

Posted by DreamMaster > 2020-11-21 23:24 | Report Abuse

Excellent

Posted by DreamMaster > 2020-11-21 23:24 | Report Abuse

Well done

Posted by DreamMaster > 2020-11-21 23:24 | Report Abuse

Congratulations

Posted by DreamMaster > 2020-11-21 23:24 | Report Abuse

Keep surging

Posted by DreamMaster > 2020-11-21 23:24 | Report Abuse

Good luck

Posted by tkl88 > 2020-11-23 09:50 |

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Posted by tkl88 > 2020-11-23 09:56 |

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Posted by ChoCho > 2020-11-23 10:00 | Report Abuse

short-mid term rm0.54 (based on Daily chart) is possible. due to good result from recovery in selling price and volume. huge demand from China due to China 14th Five Years Plan to boost commodity reserve. This is also evidenced by the rising of dry bulk cargo prices and counters like Maybulk and similar commodity/metal China listed counters. The tide will lift all boats.

Posted by ChoCho > 2020-11-23 10:01 | Report Abuse

Infrastructure is the safest play for all governments to boost GDP post covid recovery.

Posted by tkl88 > 2020-11-23 10:05 |

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Posted by IvanC > 2020-11-23 11:31 | Report Abuse

buy buy buy

Posted by tkl88 > 2020-11-24 02:18 | Report Abuse

Wow, oil price continue it’s bull run !
As at 12.30am,
Nymex=> $42.85 ‪(+0.43) (+1.01 percent)‬
Brent => $45.80 ‪(+0.73) (+1.62 percent)‬
‪Huat ah ! Heng ah ! Ong ah !‬

Posted by tkl88 > 2020-11-25 06:41 | Report Abuse

Wow, oil price continue to spike up like mad !
As at 1.25am,
Nymex=> $44.95 ‪(+1.89) (+4.39 %)‬
Brent=> $47.77 ‪ (+1.73) (+3.76 %)‬

Posted by tkl88 > 2020-11-25 07:27 | Report Abuse

Walaoeh, Dow Jones continue it’s bull run !‬
Dow Jones closed at=> 30,046.24 (+454.97) (+1.54 %) !

Huat ah ! Heng ah ! Ong ah !