MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.31

Today's Change

+0.005 (1.64%)

Day's Change

0.305 - 0.31

Trading Volume

585,200


18 people like this.

14,820 comment(s). Last comment by calvintaneng 4 days ago

djibaok

1,183 posts

Posted by djibaok > 2021-05-18 11:52 | Report Abuse

must close 0.68 above baru consider uptrend heh heh

Posted by wallstreetrookie > 2021-05-25 15:53 | Report Abuse

When Goldman Sachs upgrades to buy rating on commodities, you know where the exit is haha

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-05-25 16:17 | Report Abuse

Masteel the master of long steel should go up just like Prestar

Can up 30% to 50% no problem for masteel

If all Infrar jobs rollout then can expect price to double

The class of stocks that can beat steel is palm oil

At peak bull palm oil can up 300% to 500%

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-05-25 22:32 | Report Abuse

A

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-05-26 00:22 | Report Abuse

AN IMPORTANT MESSAGE FOR May, June 2021

Thanks to the rare convergence of these 2 important catalyst factors of this particular stock,

the clock is ticking down for you.

ALCOM GROUP BERHAD / 2674 has these 2 important catalyst factors, namely

ALCOM manufacture, supply :

Aluminium interrelated products
Aluminium commodity price is USD 2,156.25 per metric ton as at 21 Feb 2021
Aluminium commodity price is USD 2,305.00 per metric ton as at 24 May 2021
Historical high price now, as per May 2021 period ,
comparing to April 2020 ,then was USD 1,460.00 per metric ton

Recent good announcement by Alcom / 2674 on 23 Feb 2021
On the financial quarter with revenue RM 109,633,000.00
Record profit -for this financial quarter RM 10,074,000.00 ***
EPS : 7.50
*** = record


Recent good announcement by Alcom / 2674 on 25 May 2021
On the financial quarter with record revenue for this quarter RM 139,828,000.00 ***
Consistent profit -for this financial quarter RM 7,398,000.00
EPS : 5.51
*** = record

Amazing Earning per financial quarter = 7.50 + 5.51 + 5.51 + 5.51 = 24.03 cents, on the assumptions same for the coming quarters =24.03
Annualised per year 24.03 cents x 10 PER (price earning ratio )
Intrinsic value RM 2.40 less 30 % discount,
Final mid term target price RM 1.68




surge to limit up
For Alcom / 2674 --- 27 May 2021 / Thursday = RM 1.19 ( RM 0.30 )

Another metal stock similar in the making like Choo Bee Metal Industries Bhd., /5797 as per recent good financial announcement
21 May 2021 --

surge to limit up
Choo Bee / 5797 on 21 May 2021 = RM 1.64 (closed)
Choo Bee /5797 on 24 May 2021 = RM 2.13 ( closed - limit up +30 % = + RM 0.49 )

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-05-27 00:57 | Report Abuse

For 27 May 2021
Thursday

Alcom /2674,

Steel counters especially
Choo Bee,
Ann Joo will provide uptrend momentum for steel, aluminum sectors,
Plus Alcom /2674 will also help in aluminum sector for positive price uptrend.

tallman

924 posts

Posted by tallman > 2021-05-27 19:49 | Report Abuse

GG jor

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-05-27 20:08 | Report Abuse

This Quarter Shows Masteel turning posiive

Masteel will chase up SSteel

They move together

SSTEEL UP

MASTEEL WILL FOLLOW LATER

ming

2,081 posts

Posted by ming > 2021-05-27 20:21 | Report Abuse

Forex loss

IvanC

669 posts

Posted by IvanC > 2021-05-28 16:31 | Report Abuse

steel trend had end, move to other counter

IvanC

669 posts

Posted by IvanC > 2021-06-03 14:29 | Report Abuse

forming right shoulder

Posted by Paulteobp > 2021-06-08 15:21 | Report Abuse

Wat happen?

FaridIsland

1,341 posts

Posted by FaridIsland > 2021-06-10 11:06 | Report Abuse

Nothing happen...just not steel's time...waiting lower..then sauk more!

Posted by wallstreetrookie > 2021-06-10 15:09 | Report Abuse

Steel remains a solid insurance policy in preparation of inflation theme. However, economic recovery in Malaysia is projected to only take place in Q1 2022

caonima

367 posts

Posted by caonima > 2021-06-10 15:32 |

Post removed.Why?

caonima

367 posts

Posted by caonima > 2021-06-11 13:07 |

Post removed.Why?

Kingston1

1,718 posts

Posted by Kingston1 > 2021-06-11 16:33 | Report Abuse

wc buy call .. can h9e ?

SEE_Research

4,673 posts

Posted by SEE_Research > 2021-06-27 01:26 | Report Abuse

SEE_Research https://klse.i3investor.com/blogs/see_research/2021-05-22-story-h1565208435-NOW_SHOWING_The_Trilogy_of_FAST_FURIOUS_Shows_PART_11_UPDATED_NUMBER_3_.jsp
22/05/2021 11:13 PM
==========================================

KSSC /5192

To :all the investors,
1. who had taken buy consideration on
22 May 2021, at that time, it was super cheap RM 0.67,
and
can reap super great harvest as this stock is on uptrend mode to RM 2.00.

2. From 28 June 2021, onwards,
it will be good to include
KSSC in your watch list,
for super uptrust mode with potential limit up process.
27/06/2021 1:12 AM
SEE_Research

limkokthye

6,039 posts

Posted by limkokthye > 2021-06-28 15:10 | Report Abuse

tp 30sen

limkokthye

6,039 posts

Posted by limkokthye > 2021-07-01 07:54 | Report Abuse

Right issue coming soon

pang72

51,366 posts

Posted by pang72 > 2021-07-03 10:23 | Report Abuse

Wow.. Collect lower?
Then, it will go lower n lower. N lower..

All my money gone liao...

limkokthye

6,039 posts

Posted by limkokthye > 2021-07-06 08:43 | Report Abuse

Upturn liao

cashsssss

151 posts

Posted by cashsssss > 2021-07-12 16:23 | Report Abuse

noone look for this store ah ..boring place, ahaha

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-13 08:59 |

Post removed.Why?

Yong Meng

39 posts

Posted by Yong Meng > 2021-07-15 09:03 | Report Abuse

https://menginvestlife.blogspot.com/2021/07/050.html 050 - 钢铁行业状况

Will76

591 posts

Posted by Will76 > 2021-07-15 16:20 | Report Abuse

Covid19 cases record today at 13,215. EMCO in Selangor & KL likely to be extended for another 2 weeks from tomorrow. That means STEEL FACTORIES IN SELANGOR & KL WILL LIKELY CONTINUE TO BE CLOSED FOR ANOTHER 2 WEEKS.

Posted by wallstreetrookie > 2021-07-19 08:12 | Report Abuse

“The steel industries outside of China will potentially enter a renaissance period,” said Tom Price, head of commodities strategy at Liberum Capital Ltd. in London. “We could see a turnaround story there because those economies just need their steel.”

Developments in China are key, given it produces more than half of the world’s steel, mostly with coal-fired blast furnaces. The government has signaled it no longer wants to bear the huge environmental burden that entails, so it’s seeking to curb production through measures such as firming up guidance on capacity swaps and removing export tax rebates.

“Restrictions almost certainly will come into place,” said Tomas Gutierrez, Asia editor and head of data for Kallanish Commodities Ltd. “Steelmakers overseas can sleep a little easier.”

18 July 2021

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-19 08:56 |

Post removed.Why?

UncleFollower

1,738 posts

Posted by UncleFollower > 2021-07-28 15:10 | Report Abuse

If u buy OTB's hiap teck, u should put some $ here just to be safe. U know how OTB gang fries a stock up and down

Icon 888

2,302 posts

Posted by Icon 888 > 2021-08-01 05:56 | Report Abuse

China increase export tax again after mei.. steel price now shoot up 5745

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-06 16:40 | Report Abuse

Masteel - The master of long steel bars

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-06 16:42 | Report Abuse

Masteel use scrap steel as feed stock as such it saves lots from high iron ore prices

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-06 16:43 | Report Abuse

Masteel will benefit from highway infrar of Ecrl as it's long steel is used for embankment fortification

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-06 16:44 | Report Abuse

At tail end all highway needs interchange and train station which will need long steel

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-06 16:44 | Report Abuse

Masteel is the Master of Long steel

Icon 888

2,302 posts

Posted by Icon 888 > 2021-08-08 06:57 | Report Abuse

Definitely masteel is master of long steel

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 08:41 | Report Abuse

Buying back Masteel on Weakness as Results are actually in excellent order, By Calvin Tan Research (REPOSTED ARTICLE)

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-08-09-story-h1569651971-Buying_back_Masteel_on_Weakness_as_Results_are_actually_in_excellent_or.jsp

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-09 08:50 |

Post removed.Why?

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 09:19 | Report Abuse

Bgt9963

looks like you are in many many places?

Welcome here as well as in Kpower and palm oil stocks

all are good

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 09:21 | Report Abuse

ok masteel being the long steel billets and bars will be among the last to go up

But the last shall be the first

as such can expect masteel share price to give outsized earnings later and share prices to rise up higher than others

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 09:24 | Report Abuse

And these are the qualities that make masteel a master

1. Avoiding high cost iron ore Masteel is using the cheaper Scrap iron as feed stocks

This cost savings will add to the profits of Masteel like no other

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 09:29 | Report Abuse

2. Masteel is a specialist in long steel only as opposed to flat steel for white goods like flat Fridge door, car bonnet or flat Tv panel

Long steel will only be good when there is High Heavy duty infrar projects

Currently in Malaysia

Ecrl needs lots of long steel bars

Pan Borneo Highway needs lots more long steel bars

Near future USA needs lots more Long steel bars as it proposed USD1 Trillions for Infrastructure (Usd1 trillion equals to Rm4.1 Trillions)

And Masteel is an exporter of long steel bars and billets

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 09:31 | Report Abuse

Most steel companies got high capex and outlay of capital leading to high borrowings and high interest payments

Masteel avoided this by way of Rights Issue

Savings on interest cost will add to bottom line

calvintaneng

56,469 posts

Posted by calvintaneng > 2021-08-09 09:32 | Report Abuse

Masteel is a cylclical boom and bust industry

in boom times insiders knowing it's good prospects will buy ahead

later one insider Bought masteel at 59 sen

he sees good times ahead

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