Posted by pang72 > 2016-09-28 19:25 | Report Abuse

Full of money sign in front of me...

Posted by probability > 2016-09-28 19:40 | Report Abuse

Uncontrollable profit for Masteel?

http://www.thestar.com.my/business/business-news/2016/09/28/safeguard-measures-on-steel-may-lead-to-uncontrollable-prices---mbam/

Posted by MonkeyBusiness > 2016-09-28 21:20 | Report Abuse

Calvin, look here, you are kind of contradict to your own self:

1. Whole world in recessionary trend. So sales will contract. The world steel industry is over capacity.
2. Megasteel shows market is very tough.
3. Masteel was pumped up due to steel hype. Now in sky high price already
4. So how can such lofty prices be sustained?
It was Pumped up like flying balloon. Fly up the sky today. So it must descend again.
Do You GET it?

--------------------------------------------------------------------------------------
calvintaneng wahaha,
1. Whole world in recessionary trend. So sales will contract. Tekseng already retrenching staff.
2. Hanjing shipping collapse shows less shipping demand for goods.
3. Tekseng was pumped up due to solar hype. Now in overproduction everywhere.
4. So how can such lofty prices be sustained?
It was Pumped up like flying balloon. Fly up the sky today. So it must descend again.
Do You GET it?

Posted by MonkeyBusiness > 2016-09-28 21:20 | Report Abuse

Calvin, what you said in Tek Seng Forum should go to your masteel as well

calvintaneng market decides?
too late when truth is finally out if you don't act first.
The folly of not knowing what you buy!
28/09/2016 16:27

Posted by MonkeyBusiness > 2016-09-28 21:22 | Report Abuse

If all steel players suffering losses last few years during the construction of MRT1, what so special & useful if now come to MRT2?

So the construction of MRT2 will use double quantities of steel in building their rail track? Or in their columns?

Posted by MonkeyBusiness > 2016-09-28 21:27 | Report Abuse

Ooh, see something very interesting here, any response from Master Calvin?

KLCI King 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.
28/09/2016 16:07

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

Calvin, I bought Public Bank when it was RM2+ long long time ago, I am still holding it. So don't talk history. Talk about your basis of calling buying now.

You just simply avoiding answer!

Posted by MonkeyBusiness > 2016-09-28 21:32 | Report Abuse

No, eskaylien, the price is now RM1,700-RM1,800, NOT RM2,000 on what you said. The highest price during April & May was RM2,400, average price was RM2,200.

The average price for July to September was RM1,800-1,850. Please refer to MITI website for past 1 years' rebar price.

---------------------------------------------------------------------------------------------------------
eskaylien 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 davidkkw79 > 2016-09-28 21:33 | Report Abuse

Haha, really well said monkey business. We all also bought public bank when it was rm 2.

Posted by probability > 2016-09-28 21:36 | Report Abuse

sometime when we miss the boat...the feeling is like as if we are a monkey and the zoo keeper placed us on a cage.

we can jump & scream only...

Posted by MonkeyBusiness > 2016-09-28 21:43 | Report Abuse

I read all articles from WealthWizard about CRC & HRC steel industry in Malaysia & all are very justified & well supported with facts & evidences, coupled with the reference to latest development of China CRC & HRC industry.

Posted by MonkeyBusiness > 2016-09-28 21:44 | Report Abuse

By comparing the buy call from WealthWizard on CSCSteel & Mycron and Calvin on Masteel, one is supported with all facts & details plus industry development, the other one is talking only.

Even the factor of MRT2 by Calvin is also baseless.

Posted by MonkeyBusiness > 2016-09-28 21:46 | Report Abuse

All Calvin can do is keep asking people to trust him by referring to his past records.

He is like saying: Trust me, buy more, you won't go holland, my records proved I was always right.

Or He claimed: I am Eagle & see further than any chicken on the ground

Posted by MonkeyBusiness > 2016-09-28 21:46 | Report Abuse

It's funny, but stupid.

Posted by MonkeyBusiness > 2016-09-28 21:47 | Report Abuse

I didn't buy any steel stocks

Posted by leechonglam > 2016-09-28 21:52 | Report Abuse

Hi MonkeyBusiness Sifu, you look like a professional stock analyst. So, what do you think about this MASTEEL share now? Buy or Sell or Hold or Wait?

Posted by pang72 > 2016-09-28 22:21 | Report Abuse

wow...tomorrow BIG Rebound so ..buy or sell? .............

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

buy lor

Posted by pang72 > 2016-09-28 22:22 | Report Abuse

hooooppppp........not my business..............sorry...

Posted by Recklesscy > 2016-09-28 22:34 | Report Abuse

trust me, Tml will continue falling. This is the exhaustion gap with extremely high volume. Plus another long downward shadow next day of gap. The bull of steel is already losing its ground. Or can say the ppl who fry is going to leave. Check all the steel counters. All the annjoo, ssteel, cscsteel, masteel almost have big jump and now big drop at the same time. So obviously some major operator is controlling this steel theme in their portfolio. It is useless to talk about the future of steel or the future of demand. Who knows what will happen?

Posted by Recklesscy > 2016-09-28 22:37 | Report Abuse

Also beware of the relatively low outstanding share of these steel counters. Price can easiily be controlled. Personally doesnt recommend to hold for long term in big slot.

Posted by Derrick0617 > 2016-09-28 22:37 | Report Abuse

Is it some people wan to collect cheap?come come i donate some

Posted by calvintaneng > 2016-09-28 22:53 | Report Abuse

Posted by MonkeyBusiness > Sep 28, 2016 09:47 PM | Report Abuse

I didn't buy any steel stocks


Calvin replies,

Hello everybody!

Monkey has confessed that he didn't buy any steel stock so he has totally missed the current Steel Bull Run.

This is a really puzzled monkey scratching hid head in disbelief!

Well, I have already stated that the world is in the grip of recessionary downturn. As such export consumer discretionary stock like TekSeng will be impact. Consumer exports like food will still bein demand, however.

As for Masteel the demand is not from consumer alone. It is due to heavy Govt Infrar projects. During the 1930s Great Depression while all other stocks crashed due to total aggregate fall in demand, ONLY GOVT INFRAR RELATED WORKS DID WELL.

That is the REASON WHY MASTEEL WILL BE RESILIENT DUE TO GOVT PUMP PRIMING

Posted by erkongseng > 2016-09-29 08:16 | Report Abuse

Masteel can buy in or cannot , easy understand: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
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 Koon Bee > 2016-09-29 08:23 | Report Abuse

Run run run!! Steel stock are weak and recent up is purely speculation...better sell now and buy comcorp

Posted by calvintaneng > 2016-09-29 08:37 | Report Abuse

Comcorp? kumkoi or the frog?

Cannot buy kumkoi lah! Be careful you don't kena swallowed by koon bee or con bilis. kumkoi will swallow all unsuspecting ikan bilis there. Better stay safe in rock solid masteel.

Be safe not sorry

Posted by Recklesscy > 2016-09-29 09:03 | Report Abuse

down down down. I have shifted to skpetro

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

Recklesscy why down ...

Posted by erkongseng > 2016-09-29 09:56 | Report Abuse

成功站上0.955 ，技术面转上確定，趁低进入，丰衣足食的机会。今明年仍是钢股黃金年。

Posted by 007 > 2016-09-29 11:20 | Report Abuse

heavy selling today from Monday spillage

Posted by pang72 > 2016-09-29 12:43 | Report Abuse

Heavy buying today

Posted by erkongseng > 2016-09-29 13:56 | Report Abuse

缩量价升，非常美，微调后等另一波的拉升。

Posted by erkongseng > 2016-09-29 14:07 | Report Abuse

新浪财经讯 9月29日消息，隔夜OPEC达成冻产协议，原油暴涨6%，商品市场一片大好形势。国内商品早盘开盘全线大涨，多头集体狂欢。其中黑色系暴涨，焦煤、焦炭涨逾5%，动力煤、铁矿石涨4%，螺纹、热卷大涨逾2%。有色金属大涨，沪铅、沪锡、沪镍、沪铜等集体上行，化工方面，甲醇、橡胶飙升。

Posted by erkongseng > 2016-09-29 14:09 | Report Abuse

Good aftetnoon. Please be inform that Today bar price is at 29.9.16

Y16-Y32 = 1880
Y10-Y12, *R10*, Y40 = 2030
Round Bar = 2080

R6 and R12 subject to stock availability.

長鋼再漲Rm 30 per tone

Posted by pang72 > 2016-09-29 15:05 | Report Abuse

Rm1.50 waiting for the valuable long term investor

Posted by pang72 > 2016-09-29 15:05 | Report Abuse

Big jump soon...

Posted by Recklesscy > 2016-09-29 15:58 | Report Abuse

shooting dojiiiiiiiiiiiiiiiiiiiiiiiii

Posted by Recklesscy > 2016-09-29 16:01 | Report Abuse

strong bear blocking the road

Posted by Recklesscy > 2016-09-29 16:12 | Report Abuse

sell now or never!

Posted by 007 > 2016-09-29 17:33 | Report Abuse

come on, is a shooting star la, still bullish tomorrow

Posted by pang72 > 2016-09-29 17:35 | Report Abuse

Bullish everyday till 1.5

Posted by pang72 > 2016-09-29 17:36 | Report Abuse

This is easy money

Posted by pang72 > 2016-09-29 17:53 | Report Abuse

Market is going to short of steel due to buyer keep stock because they are worry of price keep going up

Posted by skyea > 2016-09-30 00:43 | Report Abuse

erkongseng, can you share the link to steel bar price?

Posted by erkongseng > 2016-09-30 04:54 | Report Abuse

http://www.barchart.com/quotes/futures/VPK17

Posted by calvintaneng > 2016-09-30 06:51 |

Post removed.Why?

Posted by Koon Bee > 2016-09-30 06:54 |

Post removed.Why?

Posted by Josephine Ong > 2016-09-30 15:22 | Report Abuse

steel counters coming back

Posted by 007 > 2016-09-30 15:31 | Report Abuse

lion is dead, good for the rest steel mills

Posted by pang72 > 2016-09-30 17:00 | Report Abuse

But buy buy