MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.33

Today's Change

0.00 (0.00%)

Day's Change

0.325 - 0.33

Trading Volume

965,900


18 people like this.

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

pang72

51,080 posts

Posted by pang72 > 2017-09-15 17:13 | Report Abuse

Just be steady!!

FullTime

1,074 posts

Posted by FullTime > 2017-09-15 19:02 | Report Abuse

why the company keep disposing treasury shares?

soojinhou

869 posts

Posted by soojinhou > 2017-09-15 20:18 | Report Abuse

To raise cash to buy more scrap?

kmohan62

484 posts

Posted by kmohan62 > 2017-09-15 20:23 | Report Abuse

Selling of treasury shares reduces shareholder equities and increases assets..i.e.cash for the company.In Masteel's case..i not sure of the reason for such an undertaking,,,probably the company wants to increase share liquidity in the market ( perhaps...until the bonus issue..).meaning that...the company foresees /believes there will be a continuous demand for the company's shares in the coming days/weeks..

PN17player

633 posts

Posted by PN17player > 2017-09-16 11:25 | Report Abuse

i feel that they sld sell their treasury share after bonus entitlement if they intend to push the share price after bonus allocation, in order to get more profit. still got huge 982,000 treasury share for them to dispose. let them finish selling , only may consider to buy .

bursa8888

10 posts

Posted by bursa8888 > 2017-09-16 18:30 | Report Abuse

Hi guys check out this useful website!

https://klsefilter.blogspot.my/

CyberLYW

19 posts

Posted by CyberLYW > 2017-09-16 18:44 | Report Abuse

Thank you . Bursa8888

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-17 00:42 | Report Abuse

PE14 now and already up 3 wks. Vol is going down. Watchout for downtrend.

Im not holdg masteel but lionind and others already show pattern. Ths Mon will clear direction.

Energiser

251 posts

Posted by Energiser > 2017-09-17 11:16 | Report Abuse

SuperPanda is PE14 based on historical earnings? We need to look at future earnings PE which would be much lower due to more positive factors for the steel industry moving forward. Are you holding LionInd?

SuperPanda

11,431 posts

Posted by SuperPanda > 2017-09-17 11:52 | Report Abuse

Yes, agree with Energiser. Future PE would be interestg. Rev up, earn up PE low. But thats long way ahead. I comment based on current down in vol.

I had sold lionind and mycron last wk. But would enter hiaptek if drop below 0.42. Also intrstd to buy masteel, will hve opportunity if correction/profit takg happen.

Posted by Ricky Lim Wei Yan > 2017-09-17 21:59 | Report Abuse

all technical indicator show overbought for MASTEEL,but as foreign investor start buying KLCI,i think now the price will consolidate in a range of 1.6-1.8 before bonus issue entitlement,as for next QR release,2.00 should not a problem

Posted by beginner165 > 2017-09-18 09:24 | Report Abuse

already sell masteel... ty masteel.. love you and see you again.. baibai..

Newplayer286

2,654 posts

Posted by Newplayer286 > 2017-09-18 10:01 | Report Abuse

Beginner165, sound like u bought a lot? Everyone is like making big money

pang72

51,080 posts

Posted by pang72 > 2017-09-18 12:20 | Report Abuse

So steady...keep going up...
How to not earn money!

pang72

51,080 posts

Posted by pang72 > 2017-09-18 12:21 | Report Abuse

The question is earn big or small amounts

Posted by Ricky Lim Wei Yan > 2017-09-18 13:36 | Report Abuse

be patience,let the profit running,让利润跑起来

pang72

51,080 posts

Posted by pang72 > 2017-09-18 14:13 | Report Abuse

The more wait to buy lower, end up buy at higher price....
Haiz....why

Posted by onlyinvestment > 2017-09-18 14:38 | Report Abuse

pang72 , sure got people buy at higher price , otherwise how all of we buy at lower price and selling at higher price ? Share market is like this , some people can buy at lower price and earn money and some peole buy at higher price and lost money. We are not prof , buy share must do home work and abit luck also. Alot people no buy this counter buy talk alot here , why? The answer is 1 . they envy us buy at lower price
2 . they want buy also but price up much already . Otherwise i cant understand why they talk alot here . Who earn who lost dont not matter with them.
Or maybe they eat full nothing to do ...

Posted by beginner165 > 2017-09-18 15:11 | Report Abuse

^newplayer.. untung sikit2 la.. cukup makan sudah :)

pang72

51,080 posts

Posted by pang72 > 2017-09-18 16:26 | Report Abuse

Choobee turns to up 11sen...
Annjoo up 7sen..
Masteel up 1sen....run faster lor

pang72

51,080 posts

Posted by pang72 > 2017-09-18 16:28 | Report Abuse

Masteel...you got everything better then them...
You should run faster....

pang72

51,080 posts

Posted by pang72 > 2017-09-18 16:52 | Report Abuse

Only allow to up 2sen everyday...
Hahaha...

Leo72

131 posts

Posted by Leo72 > 2017-09-18 21:12 | Report Abuse

macam nak top up la, boleh masuk lagi tak?

pang72

51,080 posts

Posted by pang72 > 2017-09-18 22:20 | Report Abuse

....everything looks goods, so not an issue to top up...

pang72

51,080 posts

Posted by pang72 > 2017-09-18 22:23 | Report Abuse

26sept17=== get your bonus 1:5

pang72

51,080 posts

Posted by pang72 > 2017-09-19 11:23 | Report Abuse

Aiyo..

pang72

51,080 posts

Posted by pang72 > 2017-09-19 11:24 | Report Abuse

I am learning stock market always got cheap sale ...

JayC

1,302 posts

Posted by JayC > 2017-09-19 12:52 | Report Abuse

general market down. today loser more than gainer

Posted by karhongkhit > 2017-09-19 13:35 | Report Abuse

now 1.6, is it good timing to go in?

Posted by Ricky Lim Wei Yan > 2017-09-19 13:45 | Report Abuse

definetely good time at 1.60,i bought some at,1.61 today

Posted by Ricky Lim Wei Yan > 2017-09-19 13:46 | Report Abuse

good things need,time

angsp

134 posts

Posted by angsp > 2017-09-19 15:04 | Report Abuse

up trend or down trend? 1.58 today

pang72

51,080 posts

Posted by pang72 > 2017-09-19 15:19 | Report Abuse

My bullets finished. Very sad that can't add more at 1.6 Really wasted.....

Posted by Raymond Wong > 2017-09-19 18:34 | Report Abuse

Tomolo back to 1.50

Posted by onlyinvestment > 2017-09-19 20:06 | Report Abuse

Haha , 1.50??? Will be but I think in your nice dream.

STC1136

977 posts

Posted by STC1136 > 2017-09-20 09:46 | Report Abuse

http://www.sunsirs.com/uk/prodetail-927.html

As per yesterday closing price, China Rebar price has soften from RMB4150 to now RMB4024.

STC1136

977 posts

Posted by STC1136 > 2017-09-21 10:14 | Report Abuse

The Malaysia Rebar Price maintain RM2600 since 06/09/17 till today 21/09/17.

Inventory still not enough. Therefore it may sustain till end of the year.

Masteel/S Steel/Lion/Annjoo will have good margin for Q3 & Q4.

Buy now before too late......

gsi723

907 posts

Posted by gsi723 > 2017-09-21 11:05 | Report Abuse

Good one

tecpower

3,536 posts

Posted by tecpower > 2017-09-21 12:28 | Report Abuse

ATTA, another steel stock, is a good buy. undervalued, dividend of 10 sen

Stock Kingdom

1,005 posts

Posted by Stock Kingdom > 2017-09-21 15:25 | Report Abuse

hmmm..... getting cheaper each day.....

angsp

134 posts

Posted by angsp > 2017-09-21 15:32 | Report Abuse

any ideal what is next lower..

fly_high

50 posts

Posted by fly_high > 2017-09-21 15:54 | Report Abuse

able to get some @ 1.52..

STC1136

977 posts

Posted by STC1136 > 2017-09-21 17:04 | Report Abuse

Masteel will have another hike rally at the end of Nov17, Q3 results.

Lets wait and see.

Any downtrend between 1.48 to 1.56 will be good entry to buy.

My Nov 17 TP will be 1.63.......After Ex bonus is between 1.22 to 1.28, so there is potential of 30% upside!!!

Mike Jcy

607 posts

Posted by Mike Jcy > 2017-09-21 17:57 | Report Abuse

How abt lionind?

darkstar

589 posts

Posted by darkstar > 2017-09-21 18:54 | Report Abuse

@tecpower, atta has both upstream and downstream in steel, do look into it carefully.

Posted by Raymond Wong > 2017-09-22 08:30 | Report Abuse

Only investment my nice dream coming
Sold 1.65 buy back 1.45-1.50

Posted by onlyinvestment > 2017-09-22 17:25 | Report Abuse

Raymond , good judgement

Posted by teeren90 > 2017-09-23 12:04 | Report Abuse

@stc1136, how to calculate the ex bonus share price? RM1.22 to RM1.28?

Posted by Freddie Kkc > 2017-09-25 04:41 | Report Abuse

Target price 1.25

lkwah86

259 posts

Posted by lkwah86 > 2017-09-25 09:36 | Report Abuse

today is last day to get bonus issue

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