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

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-13 14:16 | Report Abuse

If you can recall, Masteel was depress due to Audit Issues where their lousy auditor question them and they ask an independent party to review it. Steel price now recover, I expect the thing to be nice.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-13 14:18 | Report Abuse

RM1 is the common level, NTA is RM2 leh. I might pick Masteel also in 2017

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-13 17:37 | Report Abuse

masteel also supply long steel bar, direct beneficial on all mega projects

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-14 14:13 | Report Abuse

masteel just expand capacity, they are WELL positioned to this shortages!

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-14 14:14 | Report Abuse

MALAYSIA Steel Works (KL) Bhd (Masteel) expects an additional RM400mil in sales per annum from its new rolling mill plant, which is built next to its meltshop in Klang, Selangor.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-14 14:14 | Report Abuse

The expansion represents a 300,000-tonne increase in its downstream segment, which provides better margins for the company.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-14 14:14 | Report Abuse

Currently, its downstream segment is served by its rolling mill plant in Petaling Jaya, which has a capacity of 450,000 tonnes.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-14 14:15 | Report Abuse

“It is all about the utilisation rate of plants, proximity to the market and the technology employed. Through 40 years of honing our skills, we have become highly specialised in the manufacturing of high tensile steel bars,” Tai says.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-14 14:16 | Report Abuse

“Masteel has seen steady income because about 33% of its steel sales is for the development of the mass rapid transit (MRT) project.”

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-17 23:04 | Report Abuse

Buy steel , just started

Posted by klsetechwiz > 2016-07-19 11:36 | Report Abuse

Masteel going to explode

Posted by klsetechwiz > 2016-07-19 11:36 | Report Abuse

explode upwards

beanchan

149 posts

Posted by beanchan > 2016-07-20 08:14 | Report Abuse

I'm waiting so long. All sapu at 0.50.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-20 11:59 | Report Abuse

here come RM1

Posted by fakhrul3379 > 2016-07-20 13:14 | Report Abuse

I will not go further. Seems has been making some loss for the last couple of years.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-20 17:09 | Report Abuse

this will be the wild card next yr. Thinking to add it.....

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-20 17:29 | Report Abuse

22 NEOH CHOO EE & COMPANY, SDN. BERHAD 1,250,000 0.512

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-20 17:30 | Report Abuse

SIFU here, no worry

Cheah5555

188 posts

Posted by Cheah5555 > 2016-07-23 14:09 | Report Abuse

Paperplane Sifu, how the prospect of steel industry, learnt that the price going up n coming down, is the industry really recover?

Posted by maomaochong > 2016-07-23 14:31 | Report Abuse

周期性的行業

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-07-25 19:23 | Report Abuse

Yes. Steel is cyclical. But with recent china measures to deal with overcapacity, I hope price can normalise and steel players can strategies back to profit again

FX Lee

5,194 posts

Posted by FX Lee > 2016-07-29 15:20 | Report Abuse

What happen? why it suddenly move?

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-07-29 22:11 | Report Abuse

good news

analysis

54 posts

Posted by analysis > 2016-08-01 09:37 | Report Abuse

get ready to rocket up.....ready to fly high

Posted by realistic > 2016-08-01 09:56 | Report Abuse

based metal price looks like will rebound and masteel will get advantage from it to make a new high

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-08-01 09:58 | Report Abuse

tp 0.65

Posted by Stock_trader > 2016-08-01 10:58 | Report Abuse

yes.. today for metal stock..

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-01 13:46 | Report Abuse

finally, it moved....Annjoo sudah up many. I expect Masteel to do well also.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-01 16:53 | Report Abuse

ALL STEEL going up like MADa

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-01 16:54 | Report Abuse

if masteel also sell all steel like Annjoo, horseh

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-02 00:13 | Report Abuse

THis used to be rm1 stock

Posted by profitquarter > 2016-08-02 09:18 | Report Abuse

quarter at 28/8 looks like will be really high ...price will rocket up any time better join the boat now

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-08-02 14:53 | Report Abuse

haha drop again, good chance to buy some

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-03 11:21 | Report Abuse

it will rebound everytime. hope for good result.

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-08-04 15:56 | Report Abuse

maybe tmr will break 0.58

analysis

54 posts

Posted by analysis > 2016-08-04 16:27 | Report Abuse

ykgi already fly....i believe next steel is masteel

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-08-04 17:20 | Report Abuse

ya u r right

mirilang

411 posts

Posted by mirilang > 2016-08-04 17:23 | Report Abuse

slow and steady.

Posted by realistic > 2016-08-08 12:22 | Report Abuse

operator r collecting

Posted by realistic > 2016-08-08 17:03 | Report Abuse

nearest tp 0.615

mirilang

411 posts

Posted by mirilang > 2016-08-08 17:06 | Report Abuse

will go 0.69 next week

mirilang

411 posts

Posted by mirilang > 2016-08-08 17:07 | Report Abuse

or 0,77 if gd result

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-08 17:30 | Report Abuse

wah, STEELLLLLLLL

beanchan

149 posts

Posted by beanchan > 2016-08-08 21:37 | Report Abuse

The time is come...

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-08 21:56 | Report Abuse

Still far from normal rm1

analysis

54 posts

Posted by analysis > 2016-08-09 08:32 | Report Abuse

yesterday spikes up maybe correction today flush out the contra player...hahaha

Posted by profitquarter > 2016-08-09 08:45 | Report Abuse

last night dj iron & steel down -0.33%

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