Posted by PlsGiveBonus > 2016-08-26 09:55 | Report Abuse

Eagle eye cannot go wrong I think

Posted by Alex Lim Jun Xiong > 2016-08-26 10:08 | Report Abuse

Walao, good result also drop so much?

Posted by paperplane2016 > 2016-08-26 10:27 | Report Abuse

yalor. crazy stock

Posted by moneySIFU > 2016-08-26 10:52 | Report Abuse

Many good stocks released great results but price just stay or even drop, but good for those with holding power, cheaper price to collect

Posted by 007 > 2016-08-26 10:52 | Report Abuse

opportunity to buy in more

Posted by m00077 > 2016-08-26 11:22 | Report Abuse

MANY PEOPLE DON'T UNDERSTAND EPS AND PE RATIO, THIS IS A PROBLEM. THEY SEE THE EPS IS ONLY 4.41, THEY DON'T UNDERSTAND THAT THE PAR VALUE OF MASTEEL IS RM0.50 AND THE PAID UP CAPITAL IS SMALL AT RM122 MILLIOM, WITH THE PROFIT OF Q2 OF MORE THAN RM10 MILLION, IT LOOKS LIKE THE PROFIT IS LOW COMPARED TO ANN JOO. BUT ANN JOO'S PAID UP CAPITAL IS RM522 MILLION AND ANN JOO DID NOT MAKE PROFIT IN Q1.

Posted by VenFx > 2016-08-26 11:33 | Report Abuse

Not good for shorterm punters. 1st Support @$0.650

Posted by moneySIFU > 2016-08-26 13:18 | Report Abuse

In collection mode now, drop more mean more margin of safety and cheaper....

The problem is to buy in all now? Buy cheaper later? Or buy more expensive later... tough

Posted by sheep > 2016-08-26 15:06 | Report Abuse

back to 0.5x next month

Posted by 6044 > 2016-08-26 15:34 | Report Abuse

Only news to push steel counters now is to upgrade tp and good future outlook statement from analysts/fund managers, otherwise no other factor at current stage...market volume getting lesser, next week 31/8 off, US Fed comments this week & early nxt week, tomorrow dataran merdeka gathering for MO1, so with all these happenings what do you think of coming bursa market movement ? Perhaps for 2-3 weeks quiet and it will come back for Malaysia Budget play.

Posted by The One ⇨ > 2016-08-26 15:38 | Report Abuse

Me opine its better to take profit.. monitor closely.. and then buy again on weakness. The QR has already priced in (as usual) .. hmm

Posted by moneySIFU > 2016-08-26 17:02 | Report Abuse

Cant predict so much, will stick to my own strategy, buying progressively everyday. Cheaper better

Posted by Nigel Low > 2016-08-26 17:15 | Report Abuse

Unloaded, judging from movement, it will continue going downtrend. I may be wrong, whatever it is, trade with care and do yr homework.

Posted by moneySIFU > 2016-08-26 17:33 | Report Abuse

Good luck to all of us

Posted by mbs7633 > 2016-08-27 16:10 | Report Abuse

just sharing an article from The Busy Weekly 2 July 2016 :)

http://www.pressreader.com/malaysia/the-busy-weekly/20160702/281578059977260

Posted by moneySIFU > 2016-08-28 01:38 | Report Abuse

Thanks for sharing, mbs7633

Posted by hansolo1 > 2016-08-30 15:58 | Report Abuse

no more news?

Posted by zharris10 > 2016-08-31 00:04 | Report Abuse

merdekaaa

Posted by imlearning > 2016-09-01 17:23 | Report Abuse

keep droping....

Posted by Kong Ming > 2016-09-02 16:39 | Report Abuse

come on man of steel !!!

Posted by moneySIFU > 2016-09-02 17:06 | Report Abuse

Yes, man of steel

Posted by imlearning > 2016-09-03 01:04 | Report Abuse

anyone know what is the TP for this share?

Posted by Kong Ming > 2016-09-04 11:05 | Report Abuse

mid term 80cents

Posted by paperplane2016 > 2016-09-04 11:05 | Report Abuse

So positive ah

Posted by VenFx > 2016-09-04 11:07 | Report Abuse

Pplane2016 老爱 制造假象 , 装 Pro. 
newbie 如 maomaochong 与它 就是一伙 的。 
看了 真晕。 
i3 的 毒瘤

Posted by maomaochong > 2016-09-04 12:23 | Report Abuse

Paperplane is the best. hehehe

Posted by VenFx > 2016-09-04 12:34 | Report Abuse

也 太 出面 了吧, SB 都 看出来啦。

Posted by calvintaneng > 2016-09-05 11:17 | Report Abuse

Paperplane is clever to spot this masteel.

Masteel will outperform all other steel stocks and reach rm1.00 target by next year. So hold tight.

Posted by Kong Ming > 2016-09-05 14:51 | Report Abuse

huat arrr !!!

Posted by Recklesscy > 2016-09-05 15:03 | Report Abuse

gogogo!

Posted by sayangawak > 2016-09-05 15:13 | Report Abuse

HUATTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT!!!!!!!!!!!!!!!!

Posted by Kong Ming > 2016-09-05 15:23 | Report Abuse

today 73 can ar ? hahaha

Posted by moneySIFU > 2016-09-05 15:24 | Report Abuse

calvin, because of your articles about Masteel, I found CSCSteel & Mycron, thank you.

So I own 3 of them now, whichever outperform also good for my pocket.┏(＾0＾)┛┗(＾0＾) ┓

Posted by Kong Ming > 2016-09-05 16:17 | Report Abuse

come on 73 please !!!

Posted by sayangawak > 2016-09-05 16:18 | Report Abuse

wahhhhh!!!!im crazy

Posted by Kong Ming > 2016-09-05 16:18 | Report Abuse

nice one !!! hahaha

Posted by paperplane2016 > 2016-09-05 16:29 | Report Abuse

wow

Posted by sayangawak > 2016-09-05 16:35 | Report Abuse

Good news coming this september

Posted by moneySIFU > 2016-09-05 16:40 | Report Abuse

OMG.... so strong

Posted by Kong Ming > 2016-09-05 16:42 | Report Abuse

0.80 coming !!!

Posted by moneySIFU > 2016-09-05 17:00 | Report Abuse

tempac, first, that's more applicable to CSCSteel, Mycron, EonMetal & YKGI.

2nd, it should be in RMB.

Posted by moneySIFU > 2016-09-05 17:00 | Report Abuse

I don't think masteel is producing HRC currently

Posted by Lulu La > 2016-09-05 17:02 | Report Abuse

moneysifu..if the HRC price increase mean the steel manufacturer cost increase?

Posted by tempac > 2016-09-05 17:24 | Report Abuse

moneysifu, prices above in RMB. you're right, masteel producing rebars, but i'm lazy to calculate rebars average prices. kikiki.

Posted by moneySIFU > 2016-09-05 17:45 | Report Abuse

Hehe, we are all sharing and learning together, thanks tempac & onetonneman

Posted by moneySIFU > 2016-09-05 17:53 | Report Abuse

Normally end product price goes up first, then only follow by the raw material. (Current steel market)

For example, if rebar price is low, so the scrap steel will also be low. If the rebar price has gone up, then the scrap/iron ore will follow.

Unless there is shortage of supplies of scrap metal or iron ore, causing raw material price increased, the end products (rebar or crc) will increase then.

So, don't just look at one type of steel prices, it's better read all types of steel prices to get better pictures.

Also, take close look at current steel market development, the progress has been very positive since Mar 2016

Posted by moneySIFU > 2016-09-05 17:56 | Report Abuse

I am still learning how steel industry works, please share & correct if I am wrong in any area. Wrong but corrected here rather than wrong or miscalculation in real money, hehehe

Posted by goody99 > 2016-09-05 18:02 | Report Abuse

Annjoo and Cscstel are making fresh multi-year high. If a stock like Mycron is at multi-year high, I suppose Masteel will get there eventually. It also shows how undervalued Masteel is. Masteel's highest for the last 3 years is around RM1.15

Posted by moneySIFU > 2016-09-05 18:04 | Report Abuse

That's mean almost another potential of 50 percent upside, come on, baby, hahaha

Posted by CityTrader > 2016-09-05 18:15 | Report Abuse

I bought MASteel due to round bottom; source and handle formation. TP0.985.