Posted by Recklesscy > 2016-09-13 16:01 | Report Abuse

nono it is heading north. U can sell

Posted by Rica7894 > 2016-09-13 16:19 | Report Abuse

Steel prices have eased from a peak of RM2,800/t in 2Q16 to RM1,900/t currently. Any good catalyst?

Posted by Kong Ming > 2016-09-13 16:34 | Report Abuse

change to ykgi already...hihihi

Posted by Benjamin_8888 > 2016-09-13 16:35 | Report Abuse

Recklesscy r u a bit late?

Posted by Recklesscy > 2016-09-13 16:55 | Report Abuse

ok ba i am short term player

Posted by moneySIFU > 2016-09-13 17:05 | Report Abuse

Steel play is just started and steel industry is making U turn from worse bottom not far away, still long way to go, let's see how it goes.

Posted by Benjamin_8888 > 2016-09-13 17:30 | Report Abuse

Wish everyone HUAT

Posted by calvintaneng > 2016-09-13 17:35 | Report Abuse

Yes!

Masteel?

Then Emasteel?

Then EMAS STEEL?

Lots & lots of VALUE MANIFESTING

Today 3 KL MRT PROPOSED

SEE

http://www.thestar.com.my/business/business-news/2016/09/13/mrt-corp-plans-third-klang-valley-mrt-line/

Posted by paperplane2016 > 2016-09-13 17:36 | Report Abuse

wow, so happy everyone here

Posted by Sigmund1118 > 2016-09-13 19:30 | Report Abuse

Moneysifu, what is target price on masteel?

Posted by muscular > 2016-09-13 20:05 | Report Abuse

China has a lot of steel players.. A lot of suply.. C who bought the highest..

Posted by calvintaneng > 2016-09-13 21:27 | Report Abuse

This Golden Steel Stock Just Got Another Rm3.3 Billions' Booster

Johor going to build Monorail

http://www.nst.com.my/news/2016/09/172746/local-firm-keen-jb-monorail

Posted by calvintaneng > 2016-09-13 21:38 | Report Abuse

flyingkite last year only 34 cts, up more than 100% aledy still can buy?
13/09/2016 21:30

If you look at 5 year price chart Masteel highest was Rm1.50 & Mycron was only 80 cts.

I own both Mycron & Masteel before in year 2006 - 10 years ago.

Masteel should outperform Mycron going into year 2017/2018

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5087

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/plc-profile.html?stock_code=5098

Posted by calvintaneng > 2016-09-13 21:46 | Report Abuse

Posted by flyingkite > Sep 13, 2016 09:41 PM | Report Abuse

calvin boss how u know masteel is d firm?

I don't know as yet.

Whether Masteel got it or not Lots of Long Steel Bars will be needed.

In any case the old news was Masteel & KUB have teemed up for Iskandar Rail. So any news is good news for Masteel

Posted by calvintaneng > 2016-09-13 22:05 | Report Abuse

Posted by flyingkite > Sep 13, 2016 09:49 PM | Report Abuse

mycron make money... masteel lose money...

Yes you are both right and also wrong.

Why? Let me explain

Both Mycron & Masteel share prices are reflected here. Mycron has surged past Masteel prices.

However, if you look longer - say by 2017 Sept or 2018 Masteel Should Outperform Mycron then

See how Panasonic Boss has said that trading conditions will be more challenging - so sales of fride, aircond, washing machine & others which use flat steel will be impacted.

Also New Car sales are dropping - flat steel is used for car bonnet, doors and roof.

So I think flat steel stocks like CscSteel, Mycron & Melewar will slow down also.

See
http://www.nst.com.my/news/2016/09/171117/panasonic-striving-stay-ahead

As for Masteel this is the turning point of growth

to be continued...

Posted by calvintaneng > 2016-09-13 22:08 | Report Abuse

Now let me share with you a little secret on Masteel

Since year 2014 Masteel & Kub have submitted plans for Iskandar project

See

http://www.masteel.com.my/06/iskandar-rail-project-to-see-light/


to be continued...

Posted by Benjamin_8888 > 2016-09-13 22:09 | Report Abuse

Calvin sifu I can confirm monorail proposal is not from KUB team.

Posted by calvintaneng > 2016-09-13 22:11 | Report Abuse

Benjamin_8888 Calvin sifu I can confirm monorail proposal is not from KUB team.
13/09/2016 22:09

Ben,

KUB where got Long Steel bars - they only have AW burger & AW Root Beer only lah

Posted by calvintaneng > 2016-09-13 22:14 | Report Abuse

flyingkite dow drop 200 pts...
13/09/2016 22:11

That's why if Dow should collapse Govt will pump prime projects like 1930s Great Depression time.

So while consumer goods like Aircon, cars, fridge, washing machine will be hit hard. Govt link jobs will still use lots of construction steel to provide jobs. Masteel is well insulated.

Posted by Benjamin_8888 > 2016-09-13 22:19 | Report Abuse

Haha, other stuff I don't know but not on this Iskandar Rail project.

Posted by calvintaneng > 2016-09-13 22:20 | Report Abuse

And Now For The BIG SECRET!!

In Singapore when I visited Vivo City I saw monorail going into Sentosa Island. Monorail on Sentosa brings tourists to Universal Studio and round the Island.

Now I have been to FOREST CITY Twice!

FOREST CITY Is 3 Times The Size of Sentosa Island in Singapore

Forest City Total Capex is Rm170 Billions.

The 4 Islands will BE LINKED BY MONO RAIL!

So I already expected Monorail to be implemented in Iskandar - it's only a matter of time.

And you have the HSR from KL to Spore Jurong East.

Lots of Long Steel Bars will be needed for MRT PILLARS. Where got use for flat steel sheet

JUST THINK & LOOK INTO THE FUTURE

Posted by Benjamin_8888 > 2016-09-13 22:22 | Report Abuse

The monorail proposal is not from KUB and Masteel.
KUB and Masteel proposal shown different route as compared to this monorail project.
Don't confuse others.

Posted by Benjamin_8888 > 2016-09-13 22:25 | Report Abuse

Calvin sifu at first I really respect your analysis but after your comments on rail system in Iskandar Malaysia I got nothing to say about u now

Posted by muscular > 2016-09-13 22:28 | Report Abuse

Jb town where got jam jam after got edl.. Monorial is a waste

Posted by calvintaneng > 2016-09-13 22:29 | Report Abuse

Posted by Benjamin_8888 > Sep 13, 2016 10:22 PM | Report Abuse

The monorail proposal is not from KUB and Masteel.
KUB and Masteel proposal shown different route as compared to this monorail project.
Don't confuse others.

As I have said earlier - it doesn't matter who won monorail project!

As long as the Rm3.3 billions Monorail is on Masteel being one of the Major Long Steel player after Anjoo & SSteel Will Reap Benefits.

Last time when Pm Badawi implemented 9Mp I bought all cement counters like CMSB, YTL CEMENT, LAFARGE, CIMA, TASEK & YTL CEMENT - All did very well - up from 100% to 500% like TASEK CEMENT From Rm2.90 to Rm16.00. Later UEM Took CIMA private. Likewise YTL took Ytl Cement private.

Hong Leong came out to take private TASEK at Rm3.80 - but later changed its mind and let it continue listed.

So just buy LONG STEEL COUNTERS

Posted by Benjamin_8888 > 2016-09-13 22:32 | Report Abuse

I'm confident with Masteel and holding Masteel share but monorail proposal is not from Masteel

Posted by calvintaneng > 2016-09-13 22:35 | Report Abuse

Good, don't need to know so much. Just hold tight!

Posted by muscular > 2016-09-13 22:59 | Report Abuse

Hold on to indian ocean.. Hahaha

Posted by Kong Ming > 2016-09-14 09:34 | Report Abuse

gud luck guys...hihihi

Posted by 007 > 2016-09-14 13:59 | Report Abuse

construction bar price increase from 1500 to 2450 due to import duty of 5% for China import and china domestic demand increase making export not viable. Locally there is also shortage of steel bar due to closer of mega steel and Antara steel because of electrical bills payment default.
This shortage is not going to be short life and probably will drag until 2018.

Judging from Masteel meltshop and rolling mill capacity of 1.1 millions per annum and taking a very very minimum profit of RM50/ton (2%of selling price), MS should be making 4.5 millions/month minimum. EPS 22sen.

However with the price increase of Rm950/ton. huat la

Posted by Recklesscy > 2016-09-15 09:28 | Report Abuse

u guys' analysis are so funny

Posted by 007 > 2016-09-15 15:46 | Report Abuse

It's funny because you don't understand, steel industries today is like the boom of 1990th when every morning with more than 200+ lorries queue for their supply

Posted by 007 > 2016-09-15 16:04 | Report Abuse

RM0.8 is dirt cheap

Posted by paperplane2016 > 2016-09-15 20:29 | Report Abuse

Break 0.80 finally. Next rm1

Posted by calvintaneng > 2016-09-15 21:16 | Report Abuse

YAHOO! Great! 80 cts barrier broken!

Today Another Great News Again!

The Beginning of Rm32 BILLIONS MRT IN PROGRESS SOON.

Lots & lots of Orders for Long Steel Bars For MRT Pillars!!!

Masteel's Factories are Nearest!!

Masteel will EMAS STEEL IN NO TIME!!

HIP HIP HOORAY.

http://www.thestar.com.my/business/business-news/2016/09/15/ssp-mrt-ground-breaking-marks-another-milestone-for-kl/

Posted by allnew_bruce5113 > 2016-09-17 13:52 | Report Abuse

test

Posted by 007 > 2016-09-21 12:20 | Report Abuse

digested nicely, next will be 0.9

Posted by CityTrader > 2016-09-21 16:04 | Report Abuse

:)

Posted by goody99 > 2016-09-23 10:20 | Report Abuse

recently its price did not drop a lot when market was weak and showing higher low ...

Posted by WealthWizard > 2016-09-23 11:28 | Report Abuse

EKOVEST: Doing Great & Ready To Shine, Are You Ready? (Part 1)
http://klse.i3investor.com/blogs/wealth123/104926.jsp

Posted by Nigel Low > 2016-09-23 15:00 | Report Abuse

LOL.....shot up like crazy, up up and away!!!

Posted by CMLeong > 2016-09-23 15:46 | Report Abuse

Yes!!! Go go!!

Posted by zharris10 > 2016-09-23 19:03 | Report Abuse

meroket

Posted by Benjamin_8888 > 2016-09-23 19:35 | Report Abuse

KYY push? Lol

Posted by CityTrader > 2016-09-23 20:12 | Report Abuse

:)

Posted by gr980com > 2016-09-23 20:17 | Report Abuse

thanks for sharing

Posted by Nigel Low > 2016-09-23 21:58 | Report Abuse

It's about time they give dividend to loyal supporters.

Posted by CityTrader > 2016-09-24 15:25 | Report Abuse

TA TP 1.15 Mr Er TP based on FA rm1.50. Ok i wil leave 50% to hit your TP. TQ

Posted by erkongseng > 2016-09-24 17:03 | Report Abuse

https://m.youtube.com/watch?v=I4sle5xAUq0&feature=youtu.be
钢价下半年仍看漲。

Posted by erkongseng > 2016-09-24 20:10 | Report Abuse

2016年9月23日星期五
马钢厂 5098 masteel buy in:
--公司Q2的EPS=4.4SEN,累计两季EPS=6.5SEN,
--masteel 2016 年估计eps=15 sen,pe=10倍,股价=rm1.50
--如 2016年eps=15sen ,现有价位rm 0.895 只是在本益比(pe)6倍交易,非常低估.
--于30-6-2016公司CASH=1758万, 贷款=3.6亿, NTA=RM2.24
--库存为3.72亿 /2.44亿股数=RM1.52(个人简单计算).