Posted by onlyinvestment > 2017-09-25 11:50 | Report Abuse

May I know why keep dropping before bonus?
I though should be up and up because all people want get bonus share?

Posted by Ricky Lim Wei Yan > 2017-09-25 13:01 | Report Abuse

I think after bonus ex date only price will up

Posted by Ricky Lim Wei Yan > 2017-09-25 13:01 | Report Abuse

and yet now all steel stock still rest

Posted by lkwah86 > 2017-09-25 17:08 | Report Abuse

closing 1.47, tomorrow price adjusted to 1.23?

Posted by zefftan > 2017-09-25 18:38 | Report Abuse

https://klse.i3investor.com/blogs/zefftan/133461.jsp

Posted by JayC > 2017-09-25 19:21 | Report Abuse

Yes adjusted 1.23

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

when can the bonus shares credit to our account for selling purpose?

Posted by JayC > 2017-09-26 10:59 | Report Abuse

29th September

Posted by KLCI King > 2017-09-26 16:56 | Report Abuse

Luckily sold all above RM1.59

Posted by LA777 > 2017-09-26 19:27 | Report Abuse

Just dumb dumb hold....

Posted by STC1136 > 2017-09-27 10:23 | Report Abuse

Those has sold 1.17 or 1.18 yesterday really a miss. Don't do panic sell, adjustment may take one whole month to cool down before the next rally

Posted by imlearning > 2017-09-27 10:59 | Report Abuse

the company is buying back, should i buy now?

Posted by Momozaza > 2017-09-27 14:53 | Report Abuse

wa masteel eat medicine ah?

Posted by angsp > 2017-09-27 14:56 | Report Abuse

no body will know to advice when up and down.

Posted by STC1136 > 2017-09-27 15:20 | Report Abuse

"dumb dumb hold "is the only winner, buy sell buy sell must bet on luck.....

Posted by angsp > 2017-09-27 15:48 | Report Abuse

STC1136 what is the next TP?

Posted by Ricky Lim Wei Yan > 2017-09-27 16:36 | Report Abuse

tp 1.5

Posted by JayC > 2017-09-27 16:36 | Report Abuse

buy la. 1st target price RM1.75

Posted by Ricky Lim Wei Yan > 2017-09-27 16:37 | Report Abuse

can easily reach if momentum continue

Posted by STC1136 > 2017-09-27 17:55 | Report Abuse

I already hint all of you....

My TP given is at least RM1.63 within Nov 17 for Q3 super profit....

Seems like Oct 17 this month may reach my TP
Up to you to decide.....




STC1136 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!!!
21/09/2017 17:04

Posted by STC1136 > 2017-09-27 17:58 | Report Abuse

I was top up yesterday 1.20 as it was really attractive to buy.....

Even if you ask me, i will said current 1.35 consider cheap also....

If Masteel can announce dividend after Q3 result... TP will even higher, at that time u won't get the price of 1.35 as today.....

Posted by STC1136 > 2017-09-27 20:31 | Report Abuse

If calculate today up 15 cents is equal before Ex bonus up 18 cents.
This signals showing "strong buy" and i can tell u Masteel can easily have strong profit as below:

1Q 17 14mil
2Q 17 10mil
3Q 17 40mil (EST)
4Q 17 40mil (EST)
Total 17 104mil
Total share after bonus 311mil
EPS = 33.4 cents

I use super LOW PE for our super conservative Malaysia fund manager for steel sector X 8 times = New TP RM2.67 (IF in china average PE15, can get RM5.01)

Compare RM1.35 today, potential of 97% profit........Don't waste this Golden Opportunity.......Once may happen in your life time only.

**Note = Malaysia Fund manager no dare to chase high PE one for steel sector - as they Mark"High Risk"

Posted by fly_high > 2017-09-28 08:43 | Report Abuse

good one STC1136..

Posted by Ooi Teik Bee > 2017-09-28 09:11 |

Post removed.Why?

Posted by edison5351 > 2017-09-28 09:25 | Report Abuse

guys, i thought the bonus 5:1 share will be credit in today 28 sept ? not today ?

Posted by aslm > 2017-09-28 09:54 | Report Abuse

Hi OTB sifu, welcome to the party!

Posted by paperplane2016 > 2017-09-28 09:56 | Report Abuse

aiyo. OTB like tht sure kaboom loh......

Posted by paperplane2016 > 2017-09-28 09:59 | Report Abuse

I use super LOW PE for our super conservative Malaysia fund manager for steel sector X 8 times = New TP RM2.67 (IF in china average PE15, can get RM5.01)

Compare RM1.35 today, potential of 97% profit........Don't waste this Golden Opportunity.......Once may happen in your life time only.

**Note = Malaysia Fund manager no dare to chase high PE one for steel sector - as they Mark"High Risk"


THIS IS WHY I SAID, MALAYSIA STEEL SECTOR deserve a RERATING LOH

P.E 10-15 is more reasonable until 2020, due to protection from GOVT mah!

Posted by aslm > 2017-09-28 10:00 | Report Abuse

I always trust the detailed homework done by OTB sifu, and I believe Masteel has the highest probability to gain greatest rewards among the big 4 long steel companies, although I am still holding the shares of all big 4 companies.

Posted by paperplane2016 > 2017-09-28 10:01 | Report Abuse

1Q 17 14mil
2Q 17 10mil
3Q 17 40mil (EST)
4Q 17 40mil (EST)
Total 17 104mil
Total share after bonus 311mil
EPS = 33.4 cents


QUESTION IS is RM40mil a Q profit sustainable not

Posted by smartInvestor1 > 2017-09-28 10:13 | Report Abuse

Just buy and hold

Posted by paperplane2016 > 2017-09-28 10:25 | Report Abuse

My sifu last time buy from RM1--1.20, RM2 is what we looking in 5 years time. seems like going to realise this sooner than we think

Posted by STC1136 > 2017-09-28 11:39 | Report Abuse

Don't forget the 1Q 17 & 2Q 17 is on low profit.

As per current market situation, don't u think china will re-open those illegal factory to push down Rebar price to low again next year?

At least 3 years Masteel have advantage on Malaysia imposed tax protection till year 2020.

Let said Rebar price soften to RM2400 next year, imagine cost is maintain high on RM2100, sales tonnes maintain 125 tons(Low target) Gross margin is 14.3%, after deduct selling & admin Exp 15mil, still have 22.5 mil profit.

Est 2018 , 22.5mil X 4 Qtr = 90 mil
EPS = 28.9 cents

I think the above can be sustainable till year 2020.

use 28.9 X 8 times, still have long term TP RM2.31
10 times will be RM2.89
12 times will be RM3.46

If the government announce any big project for the coming 2017/2018, this is still not count their impact on steel demand.

Don't forget, Currently the supply is fixed and we do not see any big changes on additional supply in malaysia market.

We also can not underestimated the China production cut will cause China Inventory go to Super Low Historical Level....This is really BIG IMPACT.

If China rebar shoot up to RMB4,500 next month, then how much malaysia steel mill to offer? it can be RM3,000 per ton......

Posted by Bird87 > 2017-09-28 11:43 | Report Abuse

paperplane sifu run to masteel. dont want stay at prestar de EEEEEE

Posted by angsp > 2017-09-28 16:04 | Report Abuse

will in be dropping tomorrow too since so many ppl waiting to sell.

Posted by paperplane2016 > 2017-09-28 16:07 | Report Abuse

both I still have, Masteel, Prestar, Annjoo.

Posted by tooeasy > 2017-09-28 22:40 | Report Abuse

Same here, i also possess all 4 steel counters, but prestar performance quite lackluster like HY even tho very undervalued, wait till next q result bloom

Posted by notebook > 2017-09-29 08:24 | Report Abuse

promote di sini , belakang curi curi jual.

Posted by paperplane2016 > 2017-09-29 12:34 | Report Abuse

大马钢厂MASTEEL – 马币走强的主要受惠者

MASTEEL创办于1971年，在2005年上市于大马主要板。成立初期，集团在雪兰莪Petaling Jaya经营一家轧钢厂，主要生产低碳钢筋 (Steel Bars)。在1998年，作为提高生产赚幅的战略之一，MASTEEL在巴生Bukit Raja建设一座熔炼厂，主要用于生产钢坯 (Steel Billet) 。这厂房是当地最现代化的熔炼厂之一，年产能达700,000吨。

在2013年，MASTEEL对于其下游业务进行扩展，在Bukit Raja建设一座新的轧钢厂，并已在2015年10月正式投产。在这之前，MASTEEL把Bukit Raja生产的钢坯送往Petaling Jaya进行加工，导致必须承担一笔运输费用。目前，集团可直接在Bukit Raja加工，省时又省钱。

整体而言，MASTELL目前拥有有3家厂房，包括两家轧钢厂和一家熔炼厂，地点分别坐落在巴生Bukit Raja和Petaling Jaya，地理上的优势让集团多年来始终在巴生河流域地区钢铁市场中占有重要地位。

根据多年前的统计，MASTEEL分别占钢胚和钢筋市场的8%及5%。值得一提，小规模使得集团占有市场优势，主要是在争取中小型订单方面。另一方面，其厂房的优越地理位置使得集团拥有成本优势，运输成本仅每吨RM20-22左右，较竞争者的每吨RM40-45节省约50%。集团在近年成功夺取更高的钢筋市场份额，主要因为地理靠近巴生谷大型基建项目以及吉隆坡主要发展计划。

业绩方面， MASTEEL在今年Q1及Q2一共交出RM24.7m盈利，超越FY16全年表现，主要归功于显著的外汇收益。集团的主要收入来自本地市场，占FY16营业额的89%，而其余11%贡献来自出口。

由于美金兑马币在今年初从4.45逐渐下滑至目前的4.26，作为受惠者的MASTEEL在FY17首两个季度一共录得RM10.8m的外汇收益，占了整体盈利的44%。若剔除外汇收益，集团的近两个季度的核心盈利为RM13.9m。

在业务发展上，通过未来5年陆续推出的大型基础设施项目，MASTEEL放眼把东马的销售量进一步提高。集团将瞄准更多新兴终客户，如政府关联企业、西马主要承包商以及东马的新经销商。为了提升销售量15%，MASTEEL正在西马地区积极营销其产品，并预计可从2017-2022年进行中的Pan Borneo大道项目受益。

据管理层说，MASTEEL的钢筋产能将在今年提升，有望带动其收入额外增长RM150m，相等于12.5%的增幅。当然，这前提是钢筋需求持续走高。集团位于Bukit Raja的新轧钢厂使用率达到63.5%，主要生产优质小直径的钢筋Y10、Y12和Y16。未来，多个生产技术将陆续安装在这厂房上，届时有望提高其生产效率。

虽然在过去5年皆创造可观的营运现金流，但是MASTEEL却在业务扩展上投入不少资金，导致派息率非常低。即便在FY16创造RM38m的净现金流，集团也仅建议派发每股0.85仙的股息，引起股东们不满。在今年股东大会上，高达97.5%的股东不通过这笔股息的提案，非常罕见。

展望下个业绩，美金兑马币在Q3从4.30跌至4.20。MASTEEL预计可在Q3继续录得RM3-5m的外汇收益。然而，投资者必须非常小心。若美金兑马币突然暴涨，这势必为集团未来的盈利表现带来极大的影响。本专页相信市场对于MASTEEL的盈利预期非常大，但是其核心盈利却不是大家想象中那么高。

排除外汇因素，本专页预测MASTEEL全年核心盈利为RM30m。若包括外汇收益，其全年盈利可达RM45-50m之间。值得一提，
未来一旦美金兑马币走势趋稳，集团将失去外汇收益的优势。

对于10月份股票分析报告有兴趣的股友，可私下PM本专页，以了解详情！

Posted by angsp > 2017-09-29 15:04 | Report Abuse

seem like some one is collecting 132

Posted by onlyinvestment > 2017-09-29 15:33 | Report Abuse

I need another 20cents only...

Posted by STC1136 > 2017-10-03 11:48 | Report Abuse

If Malaysia mill is going to meet Australia demand, malaysia Mill price for Q4 will sustain at high price average should be more than RM2500 per ton

Posted by paktua73 > 2017-10-03 15:50 |

Post removed.Why?

Posted by kevin008 > 2017-10-03 16:25 | Report Abuse

refer to annual rpt/qtr rpt,ANNJOO export to S'pore, SSTEEL to ASEAN, MASTEEL to Oceania countries
So masteel benefit more loh

Posted by smartInvestor1 > 2017-10-03 16:35 | Report Abuse

大市要转上了～～ 当然买头马跑得快 ^ ^

Posted by I LOVE HENGYUAN, sexy babe RM21 > 2017-10-05 12:19 | Report Abuse

sometime, patient is needed. buy and hold

Posted by iedge > 2017-10-06 13:44 | Report Abuse

https://klse.i3investor.com/blogs/iedge_blog/134529.jsp

Posted by kevin008 > 2017-10-07 22:08 | Report Abuse

https://m.facebook.com/story.php?story_fbid=2032327270320661&id=2017748508445204

Posted by leoting > 2017-10-09 15:07 | Report Abuse

钢铁第八报告之大马长钢展望! https://leoting81.blogspot.my/2017/10/blog-post_9.html

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

Big sharks holding from 67~92c , thus anything above they may throw to u....