Calvin never feel sorry for this kind of pumb & dumb things, he recommended & kept shouting to buy Masteel when price was around this also, price went up to RM1.06 & now come back to where it was.
Calvin, don't tell us your grandma story & stop attacking other writers when you are also the same, but worst, the BIGGEST LIAR in i3
The way CALVIN said things are very irritating, he kept calling buy buy buy even when price above RM1, now he said he is waiting at 60 cents
calvintaneng Posted by Benjamin_8888 > Nov 29, 2016 09:29 AM | Report Abuse Calvin lu ada mana? Jurong? Or kopitiam at Kota Masai? Calvin is here! Today the fall of flat steel melewar is dragging down long steel Masteel & SSteel. Nothing wrong with Long Steel. So get ready to buy more Masteel. I wait at 60 cts. Meanwhile load up all Oil Palm Counters for a multi year bull run. Also DRB & MRCB as GE 14 drawing near! 29/11/2016 09:33
Posted by calvintaneng > Nov 29, 2016 09:33 AM | Report Abuse Today the fall of flat steel melewar is dragging down long steel Masteel & SSteel. Nothing wrong with Long Steel. So get ready to buy more Masteel. I wait at 60 cts.
such disappointing 3Q result. but still a profit 3Q but share price affected badly. now i need to keep this share in my CDS account for the share price to recover. brought around 0.8-0.9, sadly no more money to dollar-cost it. As the company is now running profitably, should be a good long term share as long steel price is high. based on NAV per share of RM2++, it's a long term investment bargain. I recommend investors who didn't buy around 0.8-1.0, this is your time to earn.
just be patient, price will recover if company keep posting profitable quarterly report. until 2015 year loss all recovered, the company is moving positively. Price maybe will return to 0.9++ or more. capital limited investor like me only got small "blood-sweat" money already brought expensively. I predict this Q3 to Q4 will trade at 0.64 to 0.75.
Calvin Tan, mind to come here to answer what raised by IamGoogle? Please a man to stand out to do what is necessary, even admitting a mistake won't be the end of world
Just don't care him. Whoever brought MASTEEL just hold on it. Expectation from Q3 to Q4 price around 0.64-0.75. Contra players already trying to buy back the share today or tomorrow, trading at 0.68-0.71. There is short term earning potential.
KUALA LUMPUR (Nov 30): KUB Malaysia Bhd and Malaysia Steel Works (KL) Bhd (Masteel) have mutually agreed to terminate their joint venture agreement for the proposed RM1.23 billion inter-city rail transit system project in Iskandar Malaysia, Johor.
Bad luck is something you simply tempak & you get chance & miss. But for CALVIN TAN, he always pick holland stocks, it's down to his poor & lousy skills in picking right stock at right time. Simply put, he has very bad taste.
Don't care that Calvin already. Is he going to pay all your losses? NO! Don't listen to him anymore. What for discussing over and over of him. No need to pity him, he get what he did.
Be greedy when others are fearful and be fearful when others are greedy. Simple. MASTEEL is just because of poor Q3 result. But still on a profit side until Q3, just need to make sure MASTEEL is able to consistently posts profit results to recover their losses in 2015. If you have confident in this company, just hold. Is a good mid-term investment. If not, just throw.
Crazy or what! Net cash position is negative 0.11 n net current asset value is negative 0.33. That why got people commit suicide, cause never check financial statements, d balance sheet. Gd luck!
@blackeagle1989 you did an excellent job to post the video. Those peoples cannot even differentiate long products and flat products, and the actual applications of the sub-category products can talk like expert.... really disgusting.
Do not simply equal the steel=properties. Last few year properties booming but steel sector still making huge loss. Then, now saying properties slow down will bring down the steel company. All business talking about margin! If no margin or negative margin, you did more means you lost huge!
Overall demand of steel either flat or long will decrease due to economy issue, but remember that Malaysia steel companies only produce half of the Malaysia steel consumption. When cheap dumping from China being reduce, the remaining steel companies can get a immediate extra margin to bounce back. Also, the rally of commodities, just like steel and aluminium, is world wide theme, not simply Malaysia Steel Theme. The uptrend is just start a year, and it will continue due to Trump's commitment to allocate big resources on infrastructure.
reminder to newbie, please avoid steel counter now...go for plantation counter or plan for properties counter which already at low point and it is safe...steel counter after so high goreng, time to rest ..
@red_85, i like your suggestion very much.But, please advise us which plantation counter is good to invest rather than simply tell us to invest plantation sector.
Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) publicly reprimands Malaysia Steel Works (KL) Berhad (MASTEEL) and 3 executive directors for breaches of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (Main LR). In addition, the 3 executive directors of MASTEEL are fined a total of RM130,500.
We refer to our announcement dated 25 November 2016 and the above article.
Subsequent to the execution of the Heads of Joint Venture Agreement (‘the Agreement’) between KUB Malaysia Berhad (‘KUB’) and Malaysia Steel Works (KL) Bhd (‘Masteel’) (hereinafter referred to as ‘the Parties’), Masteel wishes to state that since the presentation of the Johor commuter train project (‘the Project’) to the Economic Council (‘EC’) on 8 August 2011 and pursuant to that meeting, the Parties had followed the direction of the EC to finalise certain issues with the Ministry of Transport and having coordinated with three (3) Ministers of Transport, the Parties had in early 2016 finalised its proposal for the re-tabling to the EC.
In a meeting with the Economic Planning Unit (‘EPU’) on 15 April 2016 to discuss the re-tabling of the Parties proposal to the EC, the Parties was informed to undertake the addition of ‘social’ routes for its Johor commuter train services.
After due consideration, the Parties had concluded that the additional routes will render the Project economically unviable.
In view of the long gestation time and the impasse with EPU, the Parties had decided to terminate the Agreement on the basis that all efforts made by the Parties to date with the Government of Malaysia have not yielded a definitive timeline for the satisfactory conclusion of the said Project.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
1009
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Posted by 1009 > 2016-11-29 09:41 | Report Abuse
0.60? Can't la, not more money can win ler...
must push up over 0.70 maintain