Posted by 007 > 2016-09-27 17:35 | Report Abuse

It may go side way a little while before next bulls

Posted by 007 > 2016-09-27 17:39 | Report Abuse

@MonkeyBusiness, expected profit for next Q would be 20M, if less than that, the management is doing a lousy job

Posted by pussycats > 2016-09-27 17:46 | Report Abuse

All steel go down. Sad but think positive, ok? Nex round might swing up lah. Smile :-)

Posted by calvintaneng > 2016-09-27 17:48 | Report Abuse

Posted by MonkeyBusiness > Sep 27, 2016 01:21 PM | Report Abuse

Calvin, I need your help on this:

Posted by MonkeyBusiness > Sep 27, 2016 11:43 AM | Report Abuse X

30/6/2016 Profit surged to 10m when rebar price surged to RM2,400 during April & May.

With average price of RM1800 during the 3 months from Jul to Sept, can the result repeat again?

Can someone help me to answer, I am bad in mathematics.

Calvin replies,

Don't look at one or even two quarters' results. Learn to SEE FURTHER FOR THE OVERALL PICTURE!!

The Recent RM32 BILLION MRT PROJECTS WILL ROLL OUT IN PHASES. SO LOOK TO BETWEEN 12 MONTHS TO EIGHTEEN MONTHS DOWN THE ROAD.

Remember the EAGLE? He SEES 3 km to 5 km ahead while small chicken on the ground can only see 3 feet to 6 feet ahead only.

Posted by char1234 > 2016-09-27 18:45 | Report Abuse

This is a good close. ...Any positive pricing, Friday ...T4 ,,,,,,

Posted by TomyamGong > 2016-09-27 19:21 | Report Abuse

Sudah game over lo.. still buy more? Pls laaaaa.... hahahaa

Posted by eskaylien > 2016-09-27 19:23 | Report Abuse

Monkey, your concerns are not misplaced. 3rd Q earnings will be lower. However,

1. AVERAGE price during 2nd Q was probably RM2200, not RM2400.
2. Since the imposition of anti-dumping duties, prices are now in the RM 2,000 region.
3. Also, imports which command 50% of the domestic market, will now be substantially reduced. Hence, local players will soon have larger volume sales to offset lower margins vs the exceptional margins of 2nd Q.

Posted by gigaz > 2016-09-27 23:02 | Report Abuse

Masteel's revenue usually double than Mycron. Profit margin has increased. Demand will increase also. Maybe its effect more than double. You know where it is going. So don't lose your focus. Hold tight guys.

Posted by skyea > 2016-09-28 00:45 | Report Abuse

masteel P/NTA less than 0.5. whereas annjoo n cscstel already both at P/B 1x

Posted by wanglee > 2016-09-28 01:21 | Report Abuse

how many steel masteel have?

Posted by erkongseng > 2016-09-28 07:53 | Report Abuse

你看Q2,Q3 去年都亏损,而今年肯定净利,rolling 最近4季其eps仍亏,当11月后就是正数了
取 mycron 1.5倍近期净利(933万*1.5=1399万),1399万÷2.44亿股=eps 5.7sen ,那masteel累计3季eps=12.2+(Q4 的5.7sen)则全年共17.9sen ,pe=10,stock price=rm1.79

Posted by 007 > 2016-09-28 09:23 | Report Abuse

@sostupid, masteel need to build new roiling mill to cater for the higher rebar demand. Furthermore Masteel need not has to buy billets from elsewhere. The existing meltshop capapcity will be able to cater for the higher demand. This is the plus points of masteel.
So when the rolling mill are in place, profit will be double.

Posted by MonkeyBusiness > 2016-09-28 11:42 | Report Abuse

Calvin, End up still no answer? Please don't try to talk this talk that.

Posted by MonkeyBusiness > 2016-09-28 11:43 | Report Abuse

Seeing thing 5km ahead is nothing, I can see thousand miles away via google maps, what so special with you, Calvin?

Posted by MonkeyBusiness > 2016-09-28 11:43 | Report Abuse

Calvin already total wrong about effect of El Nino, expected all palm oil companies to benefit from such weather. What a lousy call.

Calvin, look here:
http://www.wsj.com/articles/drop-in-palm-oil-production-shows-el-ninos-effects-1455101431

Posted by MonkeyBusiness > 2016-09-28 11:43 | Report Abuse

Calvin, you have good observation & knowledge in stock market, but your terrible judgement skills always go to wrong direction.

The way you look at the thing is sometimes too excited & too narrow.

Posted by MonkeyBusiness > 2016-09-28 11:45 | Report Abuse

You keep saying MRT MTR MTT whatever, MRT1 didn't help to make all steel producers in past few years, you expect miracle from MRT2, 3, 4 or X to help boost steel industry?

Ooh, I think you may be right, the rail track is built by steel.

Posted by 007 > 2016-09-28 11:53 | Report Abuse

@sostupid, very stupid indeed ha ha ha

Posted by MonkeyBusiness > 2016-09-28 12:00 | Report Abuse

Naming stupid is not a fault, but buying shares without looking at the business is stupid.

Don't ask me where got people sostupid one, but the fact is here got one by calling himself "SOSTUPID".

Posted by MonkeyBusiness > 2016-09-28 12:01 | Report Abuse

You call him "SOSTUPID", he will answer "YES?"

Don't believe? Try it out.

Posted by Recklesscy > 2016-09-28 12:04 | Report Abuse

argue for what? The uptrend is already exhausted. Who wan to hold the falling knife just keep going.

Posted by Recklesscy > 2016-09-28 12:06 | Report Abuse

it is time to buy skpetro

Posted by erkongseng > 2016-09-28 14:04 | Report Abuse

原材料将维持现状，中国为最大钢铁生产与消费国，现有很大权力的定价权，未來1,2年钢价可企穩，国内钢铁在反倾销税保护下，业者可保净利水平，公司存货与生产是並行的，之前的货现可卖到好价，masteel是被低估股票。合理价rm1.50

Posted by calvintaneng > 2016-09-28 14:27 | Report Abuse

Today is an opportunity to buy Masteel on weakness.

Posted by Recklesscy > 2016-09-28 14:47 | Report Abuse

well hope u buy more calvin. Route to 'billionaire;

Posted by KLCI King > 2016-09-28 14:50 | Report Abuse

Those bought below 0.80 Vs those buy at 1.00, guess who is more fragile?

Posted by 007 > 2016-09-28 14:50 | Report Abuse

tomorrow lagi bigger volume over 320K

Posted by KLCI King > 2016-09-28 14:50 | Report Abuse

My bet on those 0.80. Why?

Posted by KLCI King > 2016-09-28 14:50 | Report Abuse

Because they still have profit to lock in, those bought above 1 will still hope price will go up again.

Posted by KLCI King > 2016-09-28 14:51 | Report Abuse

In order not to lose their profit, they will sure sell

Posted by Recklesscy > 2016-09-28 15:00 | Report Abuse

if i were u i will sell to lock in profit and wait for next wave (if there is)

Posted by KLCI King > 2016-09-28 15:17 | Report Abuse

This Calvintaneng keep calling to buy, I doubt it whether he buy or not.

He bought before price went up, I think below RM0.60, check his comment.

Will he continue to buy at this price after more than 60% up? Judge yourself.

Posted by KLCI King > 2016-09-28 15:17 | Report Abuse

Agreed, Recklesscy

Posted by KLCI King > 2016-09-28 15:18 | Report Abuse

I look at conversations between MonkeyBusiness & Calvin, seem very interesting

Posted by red_85 > 2016-09-28 15:19 | Report Abuse

dont hold, just sell first, buy back below 0.8 later

Posted by KLCI King > 2016-09-28 15:19 | Report Abuse

Some statements on the positive things are not justifiable and not answerable, so make me feel suspicious over the ground & basis of going up.

Posted by KLCI King > 2016-09-28 15:20 | Report Abuse

Too big on positives but never talk about negative, so purposely ignored?

Posted by KLCI King > 2016-09-28 15:22 | Report Abuse

Think yourself, RM0.60 up to RM1.00, so you expect RM1.00 to RM1.50?

How about those bought below RM0.60? Will they sell or will they hold at this moment of time?

Posted by red_85 > 2016-09-28 15:37 | Report Abuse

my gang are some of those bought below 0.6, we all sold yesterday and today..boss asked us to sell it now or regret later..

Posted by calvintaneng > 2016-09-28 15:47 | Report Abuse

Just buy on pull back. Masteel is on to multiyear upside.

Posted by KLCI King > 2016-09-28 15:52 | Report Abuse

This Calvintaneng keep calling to buy, I doubt it whether he buy or not.

He bought before price went up, I think below RM0.60, check his comment.

Will he continue to buy at this price after more than 60% up? Judge yourself.

Posted by Lulu La > 2016-09-28 16:00 | Report Abuse

It is very correct u shud ask yourself y people keep promote and asking u buy..but u also shud ask yourself y people asking u sell

Posted by red_85 > 2016-09-28 16:03 | Report Abuse

we have switched all to mbsb ...buy if you believe us

Posted by calvintaneng > 2016-09-28 16:04 | Report Abuse

You are wrong.
Masteel is not a speculative counter!

Masteel is a Cyclical counter!

The upward cycle for masteel will last till 2018.

So hold tight for maximum upside.

Posted by KLCI King > 2016-09-28 16:07 | Report Abuse

Calvin, since you are here, do you mind to look at this?

Posted by KLCI King > Sep 28, 2016 03:52 PM | Report Abuse X
This Calvintaneng keep calling to buy, I doubt it whether he buy or not.

He bought before price went up, I think below RM0.60, check his comment.

Will he continue to buy at this price after more than 60% up? Judge yourself.

Posted by calvintaneng > 2016-09-28 16:09 | Report Abuse

Yes. if it weakens more I will buy some more. See if it will.

Posted by red_85 > 2016-09-28 16:12 | Report Abuse

for masteel, anything above 0.7 must sell..this goreng surely cant sustain the price

Posted by calvintaneng > 2016-09-28 16:19 | Report Abuse

Listen to me young boys,

Last time I bought Tasek Cement at Rm2.90

After buying Hong Leong offered to take it private at Rm3.80 but they didn't.

Tasek cement later powered up to rm16.00 for a 500% gain.

So as masteel is now on to multiyear upside.

So don't be impatience.

Just wait till MRT orders roll in.

Posted by red_85 > 2016-09-28 17:16 | Report Abuse

black candle today..i think it will be 2-3 long black candle forming next few days

Posted by pang72 > 2016-09-28 19:23 | Report Abuse

Time to buy big!