Posted by calvintaneng > 2021-08-09 09:35 | Report Abuse

Steel is a very heavy product and as such it's location to projects will save cost of transportation and time

Since Masteel factories are located in Selangor where the Ecrl will be near it is an ideal location

in the far future Masteel can export it's long steel bars from Port Klang or from Kuantan port through Ecrl train route

Posted by calvintaneng > 2021-08-09 09:37 | Report Abuse

Of all things about cyclicals is the price

Best to take position when price is low

Masteel near 50 sen is now at a historically low price and it's peak was over Rm1.50

So there is lots of upside

Posted by calvintaneng > 2021-08-09 09:43 | Report Abuse

The application of long steel bars

1. long steel bars are used as reinforcement when highways embankments are built to protect from erosion

Highways can give way if embankments are weak due to earth movement by earthquake , landslide or flooding

so long steel gives strong support

Posted by calvintaneng > 2021-08-09 09:46 | Report Abuse

when highways are completed they will build upward like overhead interchange , bridges or train stations

long steel bars act as backbone for strong supporting pillars

Posted by calvintaneng > 2021-08-09 09:47 | Report Abuse

Strong supporting pillars are also used for highrise office and condos

as world population increase and lands became scarce buildings will go higher and higher world wide leading to more needs of long steel bars

Posted by calvintaneng > 2021-08-09 09:50 | Report Abuse

just as calcium being the formation of bones

so iron ore forms long steel bars as backbones support of pillars

As iron ore prices shoot up it will be more costly for steel companies

Masteel with foresight long ago already moved into Scrap metal as cheap feedstock

long steel business needs long term vision

Masteel is the master of it

Posted by HafizZulkefly90 > 2021-08-09 16:06 | Report Abuse

what u talking nonsense? whose gonna believe you?

Posted by LossAversion > 2021-08-12 08:45 | Report Abuse

@calvintaneng, when people are not responding to your postings including those plantations-related, please stop and look at yourself in the mirror..

Posted by bullmarket1628 > 2021-08-15 17:36 | Report Abuse

Yes, backdoor PM will resign on Monday !
So, the new government will bring new
hope and new confident to all the local & foreign
investors enter into our market !

So, I think started from tommorrow, KLSE will have a big
uptrend toward 1,800 to 2,000 pts !

Masteel tommorrow will spike to above 0.60 and
T.p by end of Aug 2021=> break above 0.80
T.p by end of Dec 2021=> break above RM1.00
T.p by end of Mar 2022=> break above RM1.80
T.p by end of Jun 2022=> break above RM3.00

Posted by bullmarket1628 > 2021-08-15 17:38 | Report Abuse

首相宣布1】首阶复苏区 11经济活动明起复工
2021年08月15日

吉隆坡15日讯）周一（16日）开始，在第一阶段国家复苏计划区的11项经济活动获准重新开放营业！

首相丹斯里慕尤丁发文告指出，由于意识到经济领域迟迟不开放将影响私人界及员工生计，因此政府同意从 8 月 16 日（周一）开始，让11项经济活动重新复工。

获准复工的经济活动及领域计有:
1. 洗车店
2. 电器和电子商店
3. 存放家居用品和厨具
4. 家具店
5. 运动器材专卖店
6. 汽车配件店
7. 汽车配送销售中心
8. 仅限早市和农贸市场
9. 服装、时装和配饰店
10. 珠宝店
11. 理发店和美容中心/沙龙（基本理发服务只要）

不过，他指出，有关宣布仅落实在成人疫苗接种率达50%的州属，而想要享有这些方便的人也必须得完成两剂疫苗的注射。期间，他就以巴生谷为例指出， 该区18岁以上的接种率已经达到64.7%， 因此可以获准重启11项经济活动。

他表示，届时，民众得出示数字证书，证明自己已经完成接种2剂疫苗。

“我再次提醒，完全接种的意思是注射第二剂双剂型疫苗后的 14 天，而单剂疫苗则是 28 天后才算完成。”

他也说，进一步详细指南，他将会在近期宣布。


## https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E3%80%90%E9%A6%96%E7%9B%B8%E5%AE%A3%E5%B8%831%E3%80%91%E9%A6%96%E9%98%B6%E5%A4%8D%E8%8B%8F%E5%8C%BA-11%E7%BB%8F%E6%B5%8E%E6%B4%BB%E5%8A%A8%E6%98%8E%E8%B5%B7%E5%A4%8D%E5%B7%A5

Posted by bullmarket1628 > 2021-08-15 17:38 | Report Abuse

Superb, almost all the economy is re-open for start business started from tommorrow, Monday, 16-8-2021 !
KLSE really will started booming tommorrow onwards !

Huat ah, Heng ah, Ong ah !

Posted by djibaok > 2021-08-15 18:11 | Report Abuse

when quarterly result out? what month?

Posted by Icon 888 > 2021-08-20 06:42 | Report Abuse

Master of steel

Posted by Icon 888 > 2021-08-20 07:02 | Report Abuse

Result out Next week?

Posted by Icon 888 > 2021-08-20 12:14 | Report Abuse

Low yah steel la

Posted by Icon 888 > 2021-08-20 12:15 | Report Abuse

Buang dulu… Buy At 0.40-0.45

Posted by Icon 888 > 2021-08-22 01:30 | Report Abuse

Sell First .. Buy back 0.40-0.46

Posted by jackfruit > 2021-08-22 10:04 | Report Abuse

How to drop to 40cent when right issue price at 39.5cent. Underwriter sure have to support at above 40cent otherwise who want to subcribe right issue with warrant.

Posted by Bgt 9963 > 2021-08-22 11:40 |

Post removed.Why?

Posted by Icon 888 > 2021-08-23 10:46 | Report Abuse

Master of steel become Low yah of steel

Posted by Alvtan38 > 2021-08-23 20:40 | Report Abuse

Dropped again.. Rusted steel already...

Posted by John1234 > 2021-08-25 11:43 | Report Abuse

This thread has become so quiet. It used to be populated by some very active promoters here just a month or two ago, when the price was so much higher. Now that the price has become so much lower, they are nowhere to be found.

Strange, isn't it? Do not tell me they have a special liking only for higher-priced stocks!

Posted by wallstreetrookie > 2021-08-25 11:44 | Report Abuse

No, because there are better steel companies like Annjoo, Press Metal, Choobee, China Steel. Masteel's financials are a bit concerning for most investors

Posted by John1234 > 2021-08-25 11:52 | Report Abuse

You make sense. But most importantly, they are mostly traders for quick gains.
------------------------------------------------------------------
wallstreetrookie No, because there are better steel companies like Annjoo, Press Metal, Choobee, China Steel. Masteel's financials are a bit concerning for most investors

Posted by Bgt 9963 > 2021-08-26 08:49 |

Post removed.Why?

Posted by John1234 > 2021-08-26 09:38 | Report Abuse

This morning, steel counters got a bit of boost of confidence after the release of Prestar and Tashin results yesterday. Why those traders never came here to promote this counter when prices were much more attractive in the last few days, lol?
------------------------------------------------------------------------------
John1234 You make sense. But most importantly, they are mostly traders for quick gains.

Posted by bullmarket1628 > 2021-08-26 09:55 |

Post removed.Why?

Posted by bullmarket1628 > 2021-08-26 15:56 |

Post removed.Why?

Posted by UncleFollower > 2021-08-26 16:35 | Report Abuse

Can run more, but clear sharp up sharp down rights issue careful guys

Posted by John1234 > 2021-08-29 11:28 | Report Abuse

Last quarter's report is due to be released by next Tue(31/8). I wonder how the company was faring last quarter.
===================================================================
wallstreetrookie No, because there are better steel companies like Annjoo, Press Metal, Choobee, China Steel. Masteel's financials are a bit concerning for most investors

Posted by bullmarket1628 > 2021-08-30 11:11 |

Post removed.Why?

Posted by joehoong93 > 2021-08-30 15:31 | Report Abuse

This result out later?

Posted by HafizZulkefly90 > 2021-08-30 18:16 | Report Abuse

more collect today, better qr giving good news

Posted by djibaok > 2021-08-30 19:47 | Report Abuse

Laen maaaaciiaaaaammmmm

Posted by hng33 > 2021-08-30 21:09 | Report Abuse

BURSA MALAYSIA GRANTS AUTOMATIC 1-MONTH EXTENSION FOR ISSUANCE OF FINANCIAL STATEMENTS AND ANNUAL REPORTS DUE ON 31 MAY 2021 AND 30 JUNE 2021

Posted by HafizZulkefly90 > 2021-08-30 21:39 | Report Abuse

so qr out when? 31 aug or 30sept? anyone?

Posted by nakata > 2021-09-02 22:10 | Report Abuse

issuing warrants and CEO mentioned 3rd plant readiness for new range of Alloy and stainless steel product, expecting upward momentum

Posted by calvintaneng > 2021-09-04 13:21 | Report Abuse

Hi guys

Though Calvin thinks Masteel is best currently Calvin still has to Cutloss & sell Masteel for now

See my reasons below

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2021-09-04-story-h1570724325-ANNJOO_RESOURCES_UP_100_CHUN_CHUN_BUY_CALL_OF_CALVIN_TAN_RESEARCH_CAN_T.jsp

Posted by mimisita > 2021-09-10 13:39 |

Post removed.Why?

Posted by carimakan > 2021-09-10 16:51 | Report Abuse

kedai besi sudah bukak ka.. ini maciam boleh beli besi loh!

Posted by Nubis23 > 2021-09-12 14:13 | Report Abuse

Hi! Masteel offer the rights issue to settle the debt or expand their business?

Posted by Titan > 2021-09-13 18:23 | Report Abuse

Why is masteel Q2 result not out yet?

Posted by Superhero9188 > 2021-09-21 01:03 | Report Abuse

Hello All, Anyone can share with me how to subscribe the MASTEEL right issue if I am using CDS account? Please URGENT?

Posted by Titan > 2021-09-21 09:42 | Report Abuse

No nd panic. Month end they will issue the right to you. I think you are given 1 or 2 weeks to subscribe. If u open account under nominee, ur remisier/bank will contact you by email n phone or whatapps to ask if you want subscribe.

Posted by ongkkh > 2021-09-21 10:22 | Report Abuse

Hello Titan, what do you think the medium term of steel industry and Masteel? Will you recommend to subscribe it?

Posted by AlfI3 > 2021-09-23 08:09 | Report Abuse

Hi Fund Managers, is MaSteel a solid & fundamentally sounded steel comp to be invested on its RI for long term?

Posted by NorazmiAR > 2021-09-23 21:05 | Report Abuse

For every right issue, we need to pay RM0.395 PER RIGHTS SHARE correct? Means if I eligible for 10,000 RI, I need to pay 10,000xRM0.395= RM3,950 correct?

Posted by cactus81 > 2021-09-23 23:04 | Report Abuse

Yes

Posted by zanbini > 2021-09-27 10:09 |

Post removed.Why?

Posted by chaos012 > 2021-09-28 10:27 | Report Abuse

Why Masteel drop so much???