Posted by moneySIFU > 2016-12-22 12:12 | Report Abuse

Hi, Mr Calvin, you are as tough as usual. Saw that news yesterday & thank you for sharing here.

Posted by calvintaneng > 2016-12-22 12:31 | Report Abuse

moneySIFU,

I saw flat steel moves up but this laggard masteel should be better than all of them and yet still not moving yet.

So I think masteel is cheap.

This is not a buy/sell call.

Just my observation.

Posted by moneySIFU > 2016-12-22 12:34 | Report Abuse

It's ok, Mr Calvin, opportunities are always there for those who are ready. :)

Posted by VenFx > 2016-12-22 12:38 | Report Abuse

Upstreamer : Annjoo the best, punt steel while RM vs Usd stablise .
Mid player : Prestar & Mycron
End user : Emetall & Prestar

Posted by 1009 > 2016-12-22 13:02 | Report Abuse

I wait have so long.. hope can up more and more

Posted by WealthWizard > 2016-12-22 15:22 | Report Abuse

Masteel has to prove it can deliver good results in the coming quarter, the current one was slightly disappointed.

Posted by sell > 2016-12-26 16:26 | Report Abuse

If QR disappointed must sell quickly. Wait 40 sen safer buy.

Posted by sell > 2017-01-02 06:05 | Report Abuse

Natural gas price hike discouraging, says Misif
http://www.thesundaily.my/news/2114267

Posted by heaven123 > 2017-01-06 00:22 | Report Abuse

Ann Joo superior.
Masteel cheap mean useless.
Ann Joo anypow for CNY 5.00 coming.

Posted by heaven123 > 2017-01-06 00:23 | Report Abuse

One words cheap bring you Holland.

Posted by ng1943 > 2017-01-07 10:21 | Report Abuse

cny masteel to visit 106 to fill the the tummy i mean to fill the gap technically sifu

Posted by Blue Planet > 2017-01-25 12:12 | Report Abuse

StarBiz: Earnings up-cycle seen for steel companies
http://klse.i3investor.com/blogs/stockinnews/114652.jsp

For sharing knowledge only.

Posted by Blue Planet > 2017-01-25 12:15 | Report Abuse

3 major beneficiaries from the increase in steel price since September 2016
1. Ann Joo Resources (Annjoo)
2. Southern Steel (SSteel)
3. Malaysia Steel Works (Masteel)

Posted by Blue Planet > 2017-01-25 12:17 | Report Abuse

In term of mobility advantage, Masteel will be the winner for its location is in PJ/KL

Posted by kipidap > 2017-01-25 16:19 | Report Abuse

Need extra money?
http://ThePayPay.com/?refcode=611

Posted by leoting > 2017-02-02 22:33 | Report Abuse

感谢我们的弟兄提供的资料，
不确定他愿不愿意公开名字，
所以这里不公开它的名字。

长钢销售价,
从2016年9月尾稳定涨价直到
2017年2月。

22-9-2016 Ann Joo price :-
Y16-Y32 = 1,780
Y10-Y12, *R10*, Y40 = 1,930
Round Bar = 1,980
R6 subject to stock availability.
R12 no stock.
Must 30 Mt & above

26/9 SSM
1850 Y16-32
2000 Y10,12,40,R10
2050 R6,8,12,16,20

Posted by leoting > 2017-02-03 12:13 | Report Abuse

03.11.16 (SSM)
1860 Y16-32
2010 Y10,12,40,R10
2060 R6,8,12

10.11.16(Ann Joo)
Y16 - Y32 = RM1880.
Y10, Y12, Y40 & R10 = RM2030.
R6, R8, R12, R16 = RM2080.

10/11 (Ann Joo)
Y16 - Y32 = RM1930.
Y10, Y12, Y40 & R10 = RM2080.
R6, R8, R12, R16 = RM2130.

16/11 (Ann Joo & SSM)
Y16 - Y32 = RM2080.
Y10, Y12, Y40 & R10 = RM2230.
R6, R8, R12, R16 = RM2280.

28/11 Monday. (Ann Joo,SSM & Amsteel)
Y16 - Y32 = RM2160.
Y10, Y12, Y40 & R10 = RM2310.
R6, R8, R12, R16 = RM2360.

29/11 (ANN JOO & SSM)
Y16 - Y32 = RM2200.
Y10, Y12, Y40 & R10 = RM2350.
R6, R8, R12, R16 = RM2400.

30/11 (Ann Joo & SSM)
Y16 - Y32 = RM2230.
Y10, Y12, Y40 & R10 = RM2380.
R6, R8, R12, R16 = RM2430.

1/1/17
1.RM2340(Y16,Y20,Y22,Y25,Y28,Y32)
2.RM2490(Y10,Y12,R10,Y40)
3.RM2540(R6, R8,R12,R16)

Ann Joo
Bar price today 16.01.17
RM 2280/mt - Y16 to Y32
RM 2430/mt - Y10, Y12, Y40 & R10
RM 2480/mt - R6, R8
R12 temporary no stock

2/2/17
1.RM2290(Y16,Y20,Y22,Y25,Y28,Y32)
2.RM2440(Y10,Y12,R10,Y40)
3.RM2490(R6, R8,R12,R16)

Posted by simonncc > 2017-02-14 08:34 | Report Abuse

长钢四侠 之 长钢三叠浪 【ANNJOO SSTEEL MASTEEL LIONIND】
http://klse.i3investor.com/blogs/zefftan/115800.jsp

Posted by Redpeople > 2017-02-15 08:59 | Report Abuse

buy buy buy.. lets break 90c.. all the way rocket

Posted by Equityengineer > 2017-02-15 10:45 | Report Abuse

More undervalued then ssteel, hope can post great result in coming week

Posted by Equityengineer > 2017-02-20 14:07 | Report Abuse

It's pumping higher

Posted by elvingan > 2017-02-20 18:51 | Report Abuse

t think masteel tp have rm 1.30...

Posted by Equityengineer > 2017-02-21 13:08 | Report Abuse

NTA is 2.00 plus ... it should be trading at that level ..

Posted by MrPauper > 2017-02-21 14:21 | Report Abuse

NTA is not a good indicator of share price valuation if the company is not subject to take over or liquidation.

Earnings capability is what a potential shareholder looks into a company for return on its investment.

Posted by MrPauper > 2017-02-21 14:30 | Report Abuse

Masteel previous quarter eps is only 0.51 sen. With an annualised forward eps of 2.04 sen and pe ratio of 10, the share is valued at RM0.204.

With an extrapolated current cumulative 3q eps of 7.02 sen, the annualised eps is 9.36 sen. With pe ratio of 10, the share is valued at RM0.936.

Posted by Equityengineer > 2017-02-21 14:39 | Report Abuse

future prospect is the most important

Posted by Equityengineer > 2017-02-21 14:40 | Report Abuse

The prime reason it's not trading at the right price is the inconsistency in its earnings ...last 4Q

Posted by elvingan > 2017-02-21 17:15 | Report Abuse

masteel my tp RM 1.10 coming....

Posted by Frank Tan > 2017-02-21 20:46 | Report Abuse

ssteel and ann joo good result,hope masteel also good good !

Posted by Equityengineer > 2017-02-22 09:31 | Report Abuse

Sure good result ...

Posted by Yipman > 2017-02-22 11:24 | Report Abuse

will it be another southern steel? ? good QR.

Posted by Nigel Low > 2017-02-22 12:52 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5343037

Posted by msgpic2003 > 2017-02-22 13:44 | Report Abuse

buy call signal?

Posted by 1009 > 2017-02-22 13:56 | Report Abuse

Mid term also Good?

《Prospects》
With the recovery of steel bar prices from an average of RM1,443 per MT in January 2016 to RM2,192 per MT in January 2017 which amounts to a price surge of 50%, this has enabled the Company to operate profitably and with more installed rebar rolling capacities becoming available this year, the revenue of the Company is expected to be improved upon in the coming quarters .

The persistently higher prices of raw materials for steelmaking such as iron ore, coking coal and scrap will ensure steel bars prices remain firm with an expected fluctuation within a narrow range of 10% for the next few months.

The Company expects to improve its sales volume to East Malaysia due to the mega infrastructure projects in the next 5 years. In addition, with the favorable exchange rate between RM and USD, the Company's products will be exported to new customers in the Oceania countries.

Posted by CaiShenYe > 2017-02-22 14:22 | Report Abuse

poor management

Posted by probability > 2017-02-22 14:37 | Report Abuse

this will cause it to dip...

Posted by Jason Chong > 2017-02-22 14:43 | Report Abuse

sifus sifus can explain why result green share price drop.

Posted by leont > 2017-02-22 14:43 | Report Abuse

Oh no....

Posted by gogogogo > 2017-02-22 14:46 | Report Abuse

investor expected better result?

Posted by soojinhou > 2017-02-22 14:53 | Report Abuse

Result is good, just close eye and buy

Posted by Nigel Low > 2017-02-22 14:54 | Report Abuse

Can buy from panic seller. Don't see anything negative with the results.

Posted by moneySIFU > 2017-02-22 14:54 | Report Abuse

Surprise for company released the result during lunch time

Posted by moneySIFU > 2017-02-22 14:56 | Report Abuse

Result not good

Posted by Lulu La > 2017-02-22 14:58 | Report Abuse

short term investor expectation too high

Posted by moneySIFU > 2017-02-22 15:02 | Report Abuse

The result really surprised me, I expected far better at about 4cents

Posted by Up_down > 2017-02-22 15:11 | Report Abuse

Same fate with CSCsteel. MAsteel imports material in USD currency. That's why suffering forex loss RM 11 million.

Posted by Up_down > 2017-02-22 15:14 | Report Abuse

History repeat...MAsteel suffered forex loss RM 19 million in 30Sep15 when RM had depreciated by 16% in a single quarter.

Posted by Risk Rider > 2017-02-22 15:14 | Report Abuse

Rebar price up almost 30% also can only make little profit, use brain to calculate whether the price is supported by the result, paying more than PE15 for a steel producer, it's a joke

Posted by Risk Rider > 2017-02-22 15:16 | Report Abuse

Better sell now before regret later, you can curse me later if the price stay up. But please remember to use your head to calculate the rationality of Masteel price.

There are better choice out there than Masteel which are bigger size & higher profits.

Posted by probability > 2017-02-22 15:23 | Report Abuse

soojinhou, why do you say its good results?

i can see management seems very optimistic...