MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.32

Today's Change

-0.01 (3.03%)

Day's Change

0.32 - 0.33

Trading Volume

2,265,100


18 people like this.

14,813 comment(s). Last comment by rizal2020 3 days ago

kevin008

1,360 posts

Posted by kevin008 > 2017-06-08 14:44 | Report Abuse

wah 1.21 now..huat ar

kenteoh94

1,041 posts

Posted by kenteoh94 > 1 day ago | Report Abuse

Hahahahaha happy

lkwah86

259 posts

Posted by lkwah86 > 2017-06-09 21:58 | Report Abuse

why suddenly up?

Posted by Jinverter > 2017-06-08 15:40 | Report Abuse

May I ask what is the TP for this Masteel ?

kevin008

1,360 posts

Posted by kevin008 > 2017-06-08 15:47 | Report Abuse

Eps 5.83 per qtr ..1 yr eps 23.32
Pe 8 rm1.87
Pe 10 rm 2.33

Posted by Jinverter > 2017-06-08 15:52 | Report Abuse

@kevin008 - Newbie here, could you explain it in more easier way ? thank you so much

Invest_168

549 posts

Posted by Invest_168 > 2017-06-08 23:09 | Report Abuse

Undervalue company....RM1.50 can be reached easily.

kevin008

1,360 posts

Posted by kevin008 > 2017-06-09 10:40 | Report Abuse

Eps 5.83 per qtr ..1 yr eps 23.32
Pe 8 rm1.87
Pe 10 rm 2.33

at least RM1.80...hold tight

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-09 17:08 | Report Abuse

doji formed

Mike Jcy

607 posts

Posted by Mike Jcy > 2017-06-10 12:16 | Report Abuse

Wts mean for doji formed

yewyin33

315 posts

Posted by yewyin33 > 2017-06-11 00:16 | Report Abuse

You must read my article " Investors must look at the company's business ". AYS and Malaysia Steel are building materials which are use for building construction. There is already an over supply of buildings in every town and city. Buying AYS and MA Steel is the same as buying property stocks.

The good profit they are showing is from previous sale concluded last one or 2 years ago. Or from delayed payment from contractors and housing developers.

Be careful. Don't just follow FA and TA indiscriminately without looking at the company's business. Can they show good profit next year? Time will tell who is right!

yewyin33

315 posts

Posted by yewyin33 > 2017-06-11 11:05 | Report Abuse

You all must read my article "Investors must look at the company's business" before you risk your hard earned money.

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-11 11:10 | Report Abuse

OMG sin la yewyin your do you dare to buy more gadang trap so many investor in gadang at high price, focus lumber bottom fish yet in the end you start disposing at high, you said can't buy choo bee due to low demand in property but end out choo bee carry extraordinary result. Sin la. You trap those really newbie hard earn money. What for you do charity ? You are using their money to empower your wealth. Be like a man la.

yewyin33

315 posts

Posted by yewyin33 > 2017-06-11 11:11 | Report Abuse

You must read my article " Investors must look at the company's business ". AYS and Malaysia Steel are building materials which are use for building construction. There is already an over supply of buildings in every town and city. Buying AYS and MA Steel is the same as buying property stocks.

The good profit they are showing is from previous sale concluded last one or 2 years ago. Or from delayed payment from contractors and housing developers.

Be careful. Don't just follow FA and TA indiscriminately without looking at the company's business. Can they show good profit next year? Time will tell who is right!

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-11 11:14 | Report Abuse

speechless. Good luck

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-06-11 11:28 | Report Abuse

What happened to this old man? One leg in coffin & don't want to feel alone.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-06-11 11:32 | Report Abuse

KKY was wrong on Choo Bee & he asked people to buy high at Gadang & CSC Steel.

He is just a lousy joker & half dying old man.

Those glory days were long gone, Mr K & just preserve you coffin money rather than loss out completely.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-06-11 11:39 | Report Abuse

If KYY had never predicted the steel boom at the beginning, what the heck he is now commenting what should do about steel play?

KYY knows nothing & all he knows is horse behind cannon talks.

The one has most creditworthy are WealthWizard & LeoTing.

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-06-11 11:45 | Report Abuse

Forgot to mention, even Calvin Tan is miles better than KYY for Calvin Tan had recommended Masteel long before price started to move. So, where was KYY then?

Posted by Derrick0617 > 2017-06-11 13:39 | Report Abuse

Kyy spread rumours to buy cheaper?hahaha

kevin008

1,360 posts

Posted by kevin008 > 2017-06-11 14:22 | Report Abuse

He just think property only..
How about mrt, prima, affordable home which just fully sold within few hours..all need alot of steels
Beside tun razak exchange, ecrl, johor double track on the way
Dun listen to him loh

hoolahoo

126 posts

Posted by hoolahoo > 2017-06-11 15:27 | Report Abuse

I think Mr KYY got the point. I thank him for sharing his good views. Of course all the sifu here can be right because short term price can go either way. As for long term, I think I will agree more with KYY. Nowadays people are talking about China business coming here. They have gained access to Malaysian market by buying up 1MDB assets etc. We could see cheap China steel coming to Malaysia sooner than expected. Like KYY, this is just a word of caution (not an inducement to sell or buy).

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-11 17:19 | Report Abuse

Hoolahooo crude oil will crash below 30 again and never goes up and ringgit is strengthening. Because what you go and do survey I lazy to explain with you but I think hibiscus is overvalue so you watch out also . Just a word of caution (not an inducement to sell of buy )

Up_down

4,332 posts

Posted by Up_down > 2017-06-11 19:18 | Report Abuse

I don't have a crystal ball nor having a famous tukang tilik helping me to make a projection in near future. What I know is the hard fact that piling companies revenue has been recovering since 9 months ago. Ptaras's turnover increased by more than 70% in the past few quarters. Econbhd's revenue have reported an increase over 30% over the last 2 quarters. Is it construction activities gradually recovering after hitting the lowest 12 months ago?

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-11 19:49 | Report Abuse

Up and down bro what you want to say is if construction company can do well then steel company will do too . Construction building and many need steel.
Man of steel is coming

Mike Jcy

607 posts

Posted by Mike Jcy > 2017-06-11 19:51 | Report Abuse

77huat77 well done as i also agree v urs.

Up_down

4,332 posts

Posted by Up_down > 2017-06-11 19:59 | Report Abuse

77huat77. Exactly. You can even counter check with those construction companies turnovers have been recovering for the past few quarters ie. IJM, Kerjaya, Mitra, Pesona, GBGaqrs, Ekovest.....

Up_down

4,332 posts

Posted by Up_down > 2017-06-11 20:21 | Report Abuse

Ahjib is seen more favor to hold GE next year. It's going to be high period in next 3 months for construction of big projects. Don't tell me that our PM will be stupid until to let the projects starting to kick off next year. Wakaka.

hoolahoo

126 posts

Posted by hoolahoo > 2017-06-11 20:48 | Report Abuse

77huat77 thanks for your advice. For Hibiscus I have sold all almost 2 months ago. I made some tidy profit and went into Careplus. I am jumping here and there according to the economic outlook and did not get too greedy when the outlook change.

kevin008

1,360 posts

Posted by kevin008 > 2017-06-11 20:53 | Report Abuse

i rmb last time he keep on say how bad was gadang and ask ppl sell when 2.60-2.70...now gadang 1.3 ( before bonus 3.25 ) and also free warrant
still wan to listen to him??

Now steel bar in china ard RMB3033 (Ard RM1900)...if plus import duties 13.9% and transportation fee..who said china steel cheap?refer to http://www.shfe.com.cn/en/products/SteelRebar/

malaysia 1st qtr price around RM2247 only...refer to http://www.enanyang.my/news/20170605/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E4%B8%89%E5%88%A9%E5%A5%BD%E6%BF%80%E5%8A%B1-%E8%BF%9B%E5%8F%A3%E6%88%90%E6%9C%AC%E9%99%8Dbr-%E9%92%A2%E9%93%81%E4%B8%9A%E5%8F%AF%E6%97%BA3%E5%B9%B4/

paperplane2016

21,646 posts

Posted by paperplane2016 > 2017-06-11 21:37 | Report Abuse

Talk with facts. Can't simply say

abangadik

2,305 posts

Posted by abangadik > 2017-06-11 21:38 | Report Abuse

Steel ( building material)>piling>construction...

paperplane2016

21,646 posts

Posted by paperplane2016 > 2017-06-11 22:34 | Report Abuse

Yeah. Old fox.

suregain

1,611 posts

Posted by suregain > 2017-06-11 23:12 | Report Abuse

Do u know mastel manipulate acc? Beware

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-12 00:37 | Report Abuse

Masteel’s principal business activities involve in the production of steel billets and steel bars which comply with the Malaysian standard (MS 146:2016) for the construction sector

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-12 00:37 | Report Abuse

I should not comment too much actually if not I can't get cheaper on Tuesday

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-12 10:13 | Report Abuse

OMG thats mean he want to let people sell down and accumulate slowly . DESPACITO

Up_down

4,332 posts

Posted by Up_down > 2017-06-12 10:16 | Report Abuse

There are more 15 steel and building materials companies doing extremely well in the past few quarters. Why did the superinvestor purposely mention AyS and MAsteel? Old fox is a smart businessman... he won't simply talk nonsense not supporting his hidden agenda.

abangadik

2,305 posts

Posted by abangadik > 2017-06-12 11:21 | Report Abuse

Get ready for followup of plenty of HSR, ECRL, MRT, LRT theme. Expect this theme to heatup with upcoming President Xi visit to Malaysia.

Steel > Piling > Constru ..

Up_down

4,332 posts

Posted by Up_down > 2017-06-12 18:24 | Report Abuse

Don't be surprised when the old fox shouts buying MAsteel while construction activities are heating up. lol

Posted by Derrick0617 > 2017-06-12 19:55 | Report Abuse

May be the old fox keep collecting since last month

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-12 20:04 | Report Abuse

But in quarter result mentioned demand will soften because of ramadhan

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-12 21:34 | Report Abuse

for long term sure don't need worry we wait you at 2

Up_down

4,332 posts

Posted by Up_down > 2017-06-12 21:53 | Report Abuse

'demand will soften because of ramadhan' Same reason given to protect their backside. Last year, Ramadan was started in early June 16 and yet the company is able to make profit RM 10.7 million. This year, the growth comes from capacity increased by 12% and Forex gain from RM strengthening so.... you imagine yourself la.

paperplane2016

21,646 posts

Posted by paperplane2016 > 2017-06-14 02:30 | Report Abuse

Yeah.! Masteel on of the beneficial

kevin008

1,360 posts

Posted by kevin008 > 2017-06-14 14:06 | Report Abuse

today all steel bar counter correction haha

kevin008

1,360 posts

Posted by kevin008 > 2017-06-14 14:09 | Report Abuse

anyone know how the business of radioisotopes and radiopharmaceuticals products for Masteel
good ar?

77huat77

1,782 posts

Posted by 77huat77 > 2017-06-14 14:16 | Report Abuse

Kevin008 it mentioned the business is increase but the core business is still steel. So I hope it focus on its core business.

Posted by Moneyymaker > 2017-06-14 16:20 | Report Abuse

why today steel stocks drop?

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