MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.325

Today's Change

-0.005 (1.52%)

Day's Change

0.32 - 0.33

Trading Volume

2,602,200


18 people like this.

14,813 comment(s). Last comment by rizal2020 3 days ago

apanama

3,796 posts

Posted by apanama > 2015-08-05 19:39 | Report Abuse

If i being Najib boys. I will just advice him to use this formula MASTEEL + KUB + BJCORP..as KUB has MoF inside there..MASTEEL has some project with KUB..BJCORP AND KUB also has project together..if three of them really FOCUS to the job with the back of Sultan Johor as he is Big Taiko in Johor..i tell you..these three stocks will definitely attract not only billionaire in Arabs to donate inside Najib account. But to all taiko

Posted by ah_huat_liao > 2015-08-06 12:53 | Report Abuse

Hi ks55,

Thank you for your sharing on the Q&A

Respect your rationale decision to cut loss and wait. Per my stand/comments since May (pre-trading halt), it is the right decision made.

I believe the directors screwed up and has been covering up as much as they can, their original auditors did the right thing despite the market averse view of their red-flagging the company.

increasing capacity is not tantamount to sales. Manufacturing is giving all in the company a salary to draw upon, at the rate this is going, all equities will be drawn down... whatever NTA will be eroded over time... good luck to vested interest parties....


On CalvinTanEng post:
""Posted by calvintaneng > Aug 3, 2015 06:19 PM | Report Abuse

If Sing dollar is One to 3 Ringgit I suggest all to come to JB and buy up""


If MYR really drops to S$1.00 to MYR3.00, you wouldn't touch JB. I will go shopping in the best district in KL (your capital city instead)

If there are any recovery, the prime districts would be the first to move... buying the JB stuff is akin to buying penny stocks and expect interest to come in...

Posted by ah_huat_liao > 2015-08-06 13:15 | Report Abuse

Ks55, you should see your 0.30 before the end of this month.

all the best.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-08-06 17:35 | Report Abuse

cut lose, switch to Elsoft, KESM

Beststock

1,047 posts

Posted by Beststock > 2015-08-07 15:46 | Report Abuse

F### the old Auditors. If not because of them giving scary tales about Masteel Debtors, Masteel shares won't drop so much. If I were Masteel, I would sue them for damages to the shares. How can an auditors said that all Masteel Debtors 385 Mil. are not recoverable.??? They must be something very wrong with the Auditors. Hope MIA will take action against them for stock manupulations.

Beststock

1,047 posts

Posted by Beststock > 2015-08-07 15:49 | Report Abuse

If only Masteel directors have the guts to sue them too.

Beststock

1,047 posts

Posted by Beststock > 2015-08-07 19:30 | Report Abuse

I am keeping this shares and looking forward for Mr Tai to propose a Bonus Issue for Masteel.

apanama

3,796 posts

Posted by apanama > 2015-08-07 22:27 | Report Abuse

Dont worry..all local steel will merge..:)

goreng_kaki

1,909 posts

Posted by goreng_kaki > 2015-08-08 23:58 |

Post removed.Why?

tanbb

1,334 posts

Posted by tanbb > 2015-08-10 16:54 | Report Abuse

jibai...

masteel

11 posts

Posted by masteel > 2015-08-13 03:49 | Report Abuse

at all time lowest price. Is the selling overdone? Is our stock market very bad, CI all time lowest as well?
http://klse.i3investor.com/servlets/stk/chart/5098.jsp

Only 2009 Masteel has yearly loss. Even 2009 Masteel trade at even higher than yesterday. Meaning all past 5years profit become nothing(to NTA)?
http://klse.i3investor.com/servlets/stk/fin/5098.jsp

Best stock you have to protect Masteel. Postings form ks55 is all bull shit. Beware of the cunning old man. I learn his tricks very well. He never attended AGM at all.

masteel

11 posts

Posted by masteel > 2015-08-13 03:51 | Report Abuse

Look at IB TP. Even lowest is 54sen and not to mention avg TP which is even higher.
http://klse.i3investor.com/servlets/stk/pt/5098.jsp

masteel

11 posts

Posted by masteel > 2015-08-13 08:58 | Report Abuse

Just read Masteel 2014 AR. Bukit Raja land size is 1.562266 million sq ft. If can sell at RM100/sq foot, can fetch RM 156.2 million which alone is more than Masteel market capitalization. How about other land Masteel own? Steel inventories in balance sheet?

nooobieee

470 posts

Posted by nooobieee > 2015-08-13 10:45 | Report Abuse

many years ago, many people said to buy hubline. multi year low la, sure go up la, no risk la, bla bla bla.. look at where it is now. it was trading at 0.1x at that time.
using "AT ALL TIME LOWEST PRICE" as justification is definitely RETARD and IDIOTIC

saltedflsh

123 posts

Posted by saltedflsh > 2015-08-13 13:00 | Report Abuse

ks55 what to buy now?

supernova

1,923 posts

Posted by supernova > 2015-08-14 15:14 | Report Abuse

still touch metal? lulz

ggg123

115 posts

Posted by ggg123 > 2015-08-17 15:43 | Report Abuse

martin555 you must have bought in earlier and losing alot right now, that's why have so many comments to cover up ks55 analysis? ;)

ggg123

115 posts

Posted by ggg123 > 2015-08-17 15:45 | Report Abuse

Even at all time low of RM0.35, still have huge lots of seller parked to sell.

ggg123

115 posts

Posted by ggg123 > 2015-08-17 16:51 | Report Abuse

Looks like some buy back made for everything below RM0.37 today. Let's wait and see if any announcement.

Posted by ah_huat_liao > 2015-08-17 17:09 | Report Abuse

Congrats ks55, the ounter touch your dream price liao! Much earlier than I mentioned early this month!

_________________________________________________________________


Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD
Aug 6, 2015 01:15 PM | Report Abuse

Ks55, you should see your 0.30 before the end of this month.
all the best.

ggg123

115 posts

Posted by ggg123 > 2015-08-18 09:21 | Report Abuse

Wow. marin555 can sleep better now with Masteel up 15% at opening. Wonder why, is it indication of improving 2Q financial?

supernova

1,923 posts

Posted by supernova > 2015-08-18 09:38 | Report Abuse

wow, up so much, 15%, yum yum, better than perwaja

Posted by ah_huat_liao > 2015-08-18 15:37 | Report Abuse

Totally understand ks55.

It is call Emotions....

The spread is so wide, and the volume is so low... another "trap"?

Tread with care.... i mean, trade with care ;P

ggg123

115 posts

Posted by ggg123 > 2015-08-20 17:37 | Report Abuse

After reading through the above exchanges I have more appreciation for analyses (though sometimes too short) by ks55. And I have a headache now.

ggg123

115 posts

Posted by ggg123 > 2015-08-21 01:07 | Report Abuse

ks55 are we dealing with sane personalities here?

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-21 09:40 | Report Abuse

Just wait for the QR. You'll be surprise on how much lost the company make. Hehehe

ggg123

115 posts

Posted by ggg123 > 2015-08-21 12:50 | Report Abuse

3Q maybe even more loss, with the USD/MYR.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-24 09:38 | Report Abuse

Coming QR will be disaster. Malaysia steel industry will collapse. It takes decades to recover. Kikikiki

ggg123

115 posts

Posted by ggg123 > 2015-08-24 10:04 | Report Abuse

simon333 and martin555 is the same person? You bought in with all your life savings? If you have family, suggest you sell now before too late, market sentiment bad. ks55's forecasts have been correct, and also logical. I will buy in some at RM0.30, now already not far. Also USD/MYR still on uptrend, it is very possible that this company might show losses next 2 quarters.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-25 14:44 | Report Abuse

Iron ore price keep dropping. Demand keep weakening. Loss will widen for the next 2Q. Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-25 14:44 | Report Abuse

It will be at least a decade before the recovery. Kikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-25 15:17 | Report Abuse

See to believe!. Once QR out within this week, price should be 0.20 ++. Kikiki

Johnnys

759 posts

Posted by Johnnys > 2015-08-25 15:49 | Report Abuse

Below 0.10, this is end of Masteel.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-27 15:46 | Report Abuse

martin555 @ simon333 bro,u buy up lah until price become 5.00. Kikiki. Huge lost with assets write off. Soon will call right issue.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-27 15:47 | Report Abuse

This counter will not even pass 40 cents. Kikikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 08:43 | Report Abuse

Today will go back to 0.36 or lower. Soon will be 20 cents++. See to believe! Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 09:45 | Report Abuse

What tiger show? It's going to be debt ridden company. Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 10:09 | Report Abuse

Bro AlanGan, his eye now become cock eye ! Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 10:10 | Report Abuse

Misleading people to holland. Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 11:50 | Report Abuse

Not so excited. Just left hand right hand only. If the QR report so good, it should be 50 cents above by now.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 11:51 | Report Abuse

Later will be square back to 36 cents for sure. See to believe! Kikiki

tanbb

1,334 posts

Posted by tanbb > 2015-08-28 12:56 | Report Abuse

aiyo..ini masteel, cilaka..

ggg123

115 posts

Posted by ggg123 > 2015-08-28 17:01 | Report Abuse

Today, we will see if ks55 was right or wrong. He has been missing for some time, maybe lazy to entertain simon333/martin555, just waiting patiently for the today announcement.

skyjuice2

213 posts

Posted by skyjuice2 > 2015-08-28 21:30 | Report Abuse

This is what martin555 and simon333 waited for.

http://www.businessinsider.com.au/iron-ore-futures-went-parabolic-overnight-2015-8

Alex Chan

3,915 posts

Posted by Alex Chan > 2015-08-28 22:08 | Report Abuse

Negative Eps 10 cents
Worst is yet to come

skyjuice2

213 posts

Posted by skyjuice2 > 2015-09-01 18:06 | Report Abuse

Welcome to holland. By next week should be 20 cents ++. Kikikiki

skyjuice2

213 posts

Posted by skyjuice2 > 2015-09-02 16:33 | Report Abuse

After promoting and escape, now all the promoters are missing. Kikiki

masteel

11 posts

Posted by masteel > 2015-09-06 20:34 | Report Abuse

RM 9 billion LRT3 project. Anything for Masteel?

Posted by Tai_Hean_Leng > 2015-09-11 12:30 | Report Abuse

bought today 37.5-38sen.

gg123

68 posts

Posted by gg123 > 2015-09-13 00:17 | Report Abuse

why KLSE show masteel in investor alert??

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