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

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-24 13:23 | Report Abuse

paperplane2016 - When Q2 release date, any idea?

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-24 13:25 | Report Abuse

not sure. My guess is very good result. recent profit taking as it run fast. I think is sustainable as they do long steel bar. what the constructions needed

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-24 13:30 | Report Abuse

Noted with thanks.

charlie chia

2,151 posts

Posted by charlie chia > 2016-08-24 13:42 | Report Abuse

HSR will need it

grace123

677 posts

Posted by grace123 > 2016-08-24 16:18 | Report Abuse

Q2 this month.
Masteel dont produce anything close to HSR need
Econpile, Ann Joo and of course Masteel semua Game Over. Can go fly kite....

grace123

677 posts

Posted by grace123 > 2016-08-24 16:19 | Report Abuse

Yup.

CaiShenYe

232 posts

Posted by CaiShenYe > 2016-08-24 16:48 | Report Abuse

5m profit this quarter?

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-24 17:44 | Report Abuse

haha, joker grace.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-24 19:18 | Report Abuse

Masteel was oversold yesterday, now coming back up again.

calvintaneng

56,242 posts

Posted by calvintaneng > 2016-08-24 19:32 | Report Abuse

Good news

Another MRT project award! Over Rm1 billions! Lots of long steel bars will be needed. And Masteel factory is near by.

http://www.nst.com.my/news/2016/08/167965/cccc-george-kent-jv-wins-rm101b-work-package-mrt-sungai-buloh-serdang-putrajaya

grace123

677 posts

Posted by grace123 > 2016-08-24 20:23 | Report Abuse

Masteel limited unlike ann joo because cant cater bigger size requirement of steel bars which give bettet margin and capability full. Furher production cost high due raw materials.
Ann joo have all but i dont play steel stock high risk.

grace123

677 posts

Posted by grace123 > 2016-08-24 20:28 | Report Abuse

Steel bar for mrt all imported from overseas nothing to do with masteel...my freind Nigel Low be careful.

grace123

677 posts

Posted by grace123 > 2016-08-24 20:29 | Report Abuse

Good news to ays and leonfb

calvintaneng

56,242 posts

Posted by calvintaneng > 2016-08-24 20:59 |

Post removed.Why?

grace123

677 posts

Posted by grace123 > 2016-08-24 22:55 | Report Abuse

This type of bodah sombang ppl.
Cant take other ppl comments.
Bad mouth ppl comments.
Low class as trump.

grace123

677 posts

Posted by grace123 > 2016-08-24 23:00 | Report Abuse

Not 365 days is friday, remember your day will come.
You think you can bring all money to your coffin.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-24 23:02 |

Post removed.Why?

calvintaneng

56,242 posts

Posted by calvintaneng > 2016-08-24 23:43 | Report Abuse

Posted by grace123 > Aug 24, 2016 10:55 PM | Report Abuse

This type of bodah sombang ppl.
Cant take other ppl comments.
Bad mouth ppl comments.
Low class as trump.


grace123
669 posts
Posted by grace123 > Aug 24, 2016 11:00 PM | Report Abuse

Not 365 days is friday, remember your day will come.
You think you can bring all money to your coffin.


paperplane2016
6397 posts
Posted by paperplane2016 > Aug 24, 2016 11:02 PM | Report Abuse

Grace, you are the one can't take others comment!you, pui


Aiyoyo Grace123,

Calvin does not wish any ill will for you. Only concern at heart. Though my language is strong my intention is good for you. Sorry if you cannot take it.

I hope all at i3 Investors Forum will prosper & avoid losses.

grace123

677 posts

Posted by grace123 > 2016-08-24 23:44 | Report Abuse

How you bad mouth Gkent.
Want to make fast money and allow time for you to get out.
God please save this nincompop been greedy befote potong lidah dan tangan.

grace123

677 posts

Posted by grace123 > 2016-08-24 23:45 | Report Abuse

Please remember there is this words in dictionary..

grace123

677 posts

Posted by grace123 > 2016-08-24 23:46 | Report Abuse

KARMA.

calvintaneng

56,242 posts

Posted by calvintaneng > 2016-08-24 23:47 | Report Abuse

Posted by grace123 > Aug 24, 2016 11:44 PM | Report Abuse

How you bad mouth Gkent.
Want to make fast money and allow time for you to get out.
God please save this nincompop been greedy befote potong lidah dan tangan.

Aiyoyo Grace123,

Grace is such a nice name you have chosen. Please use gracious words Ok?

See

grace
ɡreɪs/
noun
1.
smoothness and elegance of movement.
"she moved through the water with effortless grace"
synonyms: elegance, stylishness, poise, finesse, charm; More
2.
courteous good will.
"he had the good grace to apologize to her afterwards"
synonyms: courtesy, courteousness, politeness, manners, good manners, mannerliness, civility, decorum, decency, propriety, breeding, respect, respectfulness; More
verb

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 07:48 | Report Abuse

I'm neutral, my anchor is firm on this counter. So far judgement had been correct. A day before AAX come crashing down more than 10%, I've unloaded my shares. Upon sensing Econpile is moving downwards, I've sold my shares earlier for profit as to avoid getting stuck, So ya, been lucky so far. With regards to Masteel, they will do just as good with growth in construction sector, expressways, residential, commercial projects, MRT & HSR.

007

1,902 posts

Posted by 007 > 2016-08-25 09:06 | Report Abuse

masteel is very stingy, so we have to very stingy with the price loh

007

1,902 posts

Posted by 007 > 2016-08-25 10:37 | Report Abuse

steel business in Malaysia is cartel business so one is good all will be good, matter of timing only buy while is low

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 10:48 | Report Abuse

Cscstel and Annjoo all coming back after correction.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 11:28 | Report Abuse

Masteel rebound, nice.

BeSmart

52 posts

Posted by BeSmart > 2016-08-25 11:32 | Report Abuse

Go Go Masteel

6044

123 posts

Posted by 6044 > 2016-08-25 12:47 | Report Abuse

Something is not right....with no volume support it seems holders are not releasing or taking profit...it may explode selling down when there is small trigger from the big sharks...last 3 days good q result news does not push up further for those counters and seems something no good coming...

Posted by Unicorn_park > 2016-08-25 15:58 | Report Abuse

Do you guys know where to see live steel rebar price?

Posted by kasutkaripap > 2016-08-25 17:05 | Report Abuse

nak collect bleh la,kt support tu

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 18:12 | Report Abuse

Yahooo.....Q2 report out! Profit 10 million.

soon9913

2,778 posts

Posted by soon9913 > 2016-08-25 18:19 | Report Abuse

Result considered good . EPS for 1st half year already more than 6cents

Posted by Wai Hoe Chai > 2016-08-25 18:36 | Report Abuse

still ok. but estimate very explosive, how come just 10 mil.

The One ⇨

2,949 posts

Posted by The One ⇨ > 2016-08-25 19:45 | Report Abuse

Don't worry.. me opine its already priced in ya..

calvintaneng

56,242 posts

Posted by calvintaneng > 2016-08-25 21:07 |

Post removed.Why?

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-25 22:52 | Report Abuse

We refer to the announcement made on 19 January 2011, wherein Masteel announced that the Company had entered into a Head of Joint Venture Agreement ("MOU") with KUB Malaysia Berhad (Company No. 6022-D) ("KUB"), a company listed on the Main Market of Bursa Malaysia Securities Berhad whereby KUB and Masteel have agreed to combine their capabilities and resources to co-operate and collaborate with each other in the joint-venture company, Metropolitan Commuter Network Sdn Bhd to pursue the rail transit network project in the Iskandar Development Region ("Parties") and the Parties are desirous of submitting a joint proposal for the Project to the Government of Malaysia.

Pursuant to Bursa Malaysia Securities Berhad's letter dated 4 August 2006, we wish to announce the status of the MOU that the Company is still waiting for the outcome from the relevant Government agencies on the Company's proposal in Iskandar Malaysia.

Bren21

182 posts

Posted by Bren21 > 2016-08-25 22:54 | Report Abuse

Thx for sharing paperplane

Bren21

182 posts

Posted by Bren21 > 2016-08-25 22:55 | Report Abuse

N thx Calvin too ,for sharing good information

VenFx

14,784 posts

Posted by VenFx > 2016-08-25 23:33 | Report Abuse

REBAR STEEL at it's 52 week High of $2630/
http://www.barchart.com/quotes/futures/VPK17

Considering a Turning around Story, MASTEEL is a good trading counter at 0.700

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 23:36 | Report Abuse

Thanks for sharing Paperplane. If this goes thru, it'll be fabulous.

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-08-25 23:38 | Report Abuse

Thank you for sharing, VenFx & Paperplane.... :)

VenFx

14,784 posts

Posted by VenFx > 2016-08-25 23:42 | Report Abuse

Haiyoyo ..

MoneySIFU,
tootootplane can't par with me lar.
He base on luck, simply tikam one .

moneySIFU

5,864 posts

Posted by moneySIFU > 2016-08-25 23:47 | Report Abuse

Haha, interesting

paperplane2016

21,646 posts

Posted by paperplane2016 > 2016-08-26 07:05 | Report Abuse

The JV with our, sudah talk many yrs. Don't know why can't get through. Must be politic

m00077

426 posts

Posted by m00077 > 2016-08-26 09:18 | Report Abuse

MASTEEL PROFIT MORE THAN DOUBLE FOR Q2 2016 BUT THE SHARE PRICE CONTINUE TO PUSH DOWN. WHY? CANNOT UNDERSTAND THE LOGIC.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-26 09:21 | Report Abuse

Steel counter all coming back up, don't worry.

Posted by Ting Ley Yiew > 2016-08-26 09:24 | Report Abuse

Ya.... Be patience!!! Will reward from it...

hansolo1

197 posts

Posted by hansolo1 > 2016-08-26 09:54 | Report Abuse

Push down lower, i can masuk lagi, 0.65 masuk,

PlsGiveBonus

3,749 posts

Posted by PlsGiveBonus > 2016-08-26 09:54 | Report Abuse

What happens to Calvin buy cals

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