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

0.00 - 0.00

Trading Volume

0


18 people like this.

14,813 comment(s). Last comment by rizal2020 2 days ago

dalpinia

2,299 posts

Posted by dalpinia > 2017-11-02 16:26 | Report Abuse

Steel price up again

dalpinia

2,299 posts

Posted by dalpinia > 2017-11-02 16:26 | Report Abuse

buy now, tomorrow will start to fly up until QR for 20-40%

deddymines

599 posts

Posted by deddymines > 2017-11-02 16:37 | Report Abuse

Bought in masteel 1.21. Waiting for below 1.20 to collect more.

STC1136

977 posts

Posted by STC1136 > 2017-11-02 16:50 | Report Abuse

Yesterday for 3.6 mil share trade, today seems maintain 3 mil share also. total almost 7 mils share trade. When there is big shark let go for those good fundamental company, there may not have any valid reason, maybe need to transfer a better investment opportunity only?

I believe after this big shark finished selling, Masteel will very fast rebound back to 1.30!!!!

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-02 18:03 | Report Abuse

Once broke suport at 1.20, it will go south to hell.

STC1136

977 posts

Posted by STC1136 > 2017-11-02 18:21 | Report Abuse

Anywhere, whether Masteel go south to below 1.00 or not for next few days, i not so worry.

The things now more important is how much profit can Masteel generate in Q3 become more vital issue.

Low profit < 10mil , everybody run..... may touch 1.00

Moderate profit 10 to 20mil, some plp run....

High Profit , > 20 mil, Masteel may rise to 1.50 by this year.

deddymines

599 posts

Posted by deddymines > 2017-11-03 07:09 | Report Abuse

lining up for second round at pp price 1.16 or below

angsp

134 posts

Posted by angsp > 2017-11-03 09:50 | Report Abuse

does't look good mean?

edison5351

236 posts

Posted by edison5351 > 2017-11-03 10:18 | Report Abuse

ini kali laaa. time has come MF !!! time to whack it hard !!!!!

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-03 10:44 | Report Abuse

Hmm......refuse to go below 1.20? if masteel close above 1.20 today, it might bcom d second orna next week.

edison5351

236 posts

Posted by edison5351 > 2017-11-03 11:04 | Report Abuse

@scoobydo how to go lower than 1.2 for an undervalued stock ???

JayC

1,302 posts

Posted by JayC > 2017-11-03 11:07 | Report Abuse

I sailing all at 1.20.. let macquire sell to me

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-03 11:16 | Report Abuse

Hi edison5351, price can drop due to shark huge selling. What I mentioned before is TA wise base on chart. Masteel daily chart doesnt look good but weekly chart still borderline. For FA wise, u mentioned it's undervalue. May I know how u calculate to come to this conclusion?what is ur eps?

edison5351

236 posts

Posted by edison5351 > 2017-11-03 11:26 | Report Abuse

Hi bro scoobydo, by using runrate for Q3 performance.

deddymines

599 posts

Posted by deddymines > 2017-11-03 12:18 | Report Abuse

Expecting a stellar quarter.

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-03 13:05 | Report Abuse

Hi edison5351, using run rate is a bit risky here because masteel have pp recently. It next qr eps will be diluted.

STC1136

977 posts

Posted by STC1136 > 2017-11-03 13:56 | Report Abuse

scoodybo, where got business no risk, tell me.

We are confident on Masteel Q3 or Q4 results, that's why we invest.

If just rely on Chart, buying signal, technical analysis, this is short term and even more risky to play on.

You should differentiate short term and long term, if long term, so call chart, technical analysis normally put aside and ignore.

Scoobydo

120 posts

Posted by Scoobydo > 2017-11-03 14:18 | Report Abuse

Dun be ignorant. FA is important to choose a stock but TA oso important to set ur entry n exit plan. Yes, every business hv certain risk, be wise to lower ur risk. Here, i'm pointing out that next qr eps might be diluted by latest pp. For FA side, u should recalculate ur eps based on latest updated share equity volume. For TA side, if today closing below 1.20, u can consider CL and reenter later. It's ok if u dun agree with me, thats ur choice.

Ooi Teik Bee

11,482 posts

Posted by Ooi Teik Bee > 2017-11-03 15:28 |

Post removed.Why?

edison5351

236 posts

Posted by edison5351 > 2017-11-03 15:30 | Report Abuse

exactly !!! look into ROIC & ev/ebitda strong fundamental within long term...correct as well TA can help u to highlight best entry spot.

deddymines

599 posts

Posted by deddymines > 2017-11-03 15:32 | Report Abuse

1.26 block. need to pass that first

Ooi Teik Bee

11,482 posts

Posted by Ooi Teik Bee > 2017-11-03 15:34 |

Post removed.Why?

aslm

379 posts

Posted by aslm > 2017-11-03 15:39 | Report Abuse

Well said OTB sifu!

aslm

379 posts

Posted by aslm > 2017-11-03 15:42 | Report Abuse

Current price is oversold. I have continue topup since the price dropped from 1.30.
OTB sifu have you topup more now?

edison5351

236 posts

Posted by edison5351 > 2017-11-03 16:10 | Report Abuse

correct aslm, with current buying volume shouldn't be this price.

Posted by dreamtoberich > 2017-11-05 16:19 | Report Abuse

net profit will up close 300% qoq!

Ooi Teik Bee

11,482 posts

Posted by Ooi Teik Bee > 2017-11-06 09:53 | Report Abuse

Lionind is performing very well now, then the next one to move up north is Masteel.
Thank you.
Ooi

BullRunComing

1,449 posts

Posted by BullRunComing > 2017-11-06 10:17 | Report Abuse

Mr. Ooi,

May I know your view on semicon/ems sector view? Do you think the share price has reached the maturity stage, in other words limited growth.

deddymines

599 posts

Posted by deddymines > 2017-11-06 14:59 | Report Abuse

big block at 1.30. need to pass that first.

edison5351

236 posts

Posted by edison5351 > 2017-11-06 15:01 | Report Abuse

yes agreed. once break the resistant line @1.3.. hmmm dare not imagine what it will become

7skies

375 posts

Posted by 7skies > 2017-11-06 16:19 | Report Abuse

lucky bought at 1.21. tq paktua kikih

STC1136

977 posts

Posted by STC1136 > 2017-11-06 16:19 | Report Abuse

So fast break 1.30 wall after sell down from last tuesday, so great.....



STC1136 Yesterday for 3.6 mil share trade, today seems maintain 3 mil share also. total almost 7 mils share trade. When there is big shark let go for those good fundamental company, there may not have any valid reason, maybe need to transfer a better investment opportunity only?

I believe after this big shark finished selling, Masteel will very fast rebound back to 1.30!!!!
02/11/2017 16:50

STC1136

977 posts

Posted by STC1136 > 2017-11-06 16:20 | Report Abuse

is it hints Masteel Q3 results was superb good?? 40 mils???

Hope so....

edison5351

236 posts

Posted by edison5351 > 2017-11-06 17:22 | Report Abuse

1.3 has been breach. it almost closed at 1.31!!!! showtime tmrw ....

paktua73

18,283 posts

Posted by paktua73 > 2017-11-07 09:47 |

Post removed.Why?

STC1136

977 posts

Posted by STC1136 > 2017-11-07 11:16 | Report Abuse

Anticipate better 3Q17 earnings for Masteel, says HLIB Research

http://www.theedgemarkets.com/article/anticipate-better-3q17-earnings-masteel-says-hlib-research

deddymines

599 posts

Posted by deddymines > 2017-11-07 14:38 | Report Abuse

1.35 big block. need to pass that first

Posted by onlyinvestment > 2017-11-08 17:12 | Report Abuse

All the people talking Q3 Q4 will good good but price no moving??? Only talk shiok?

kangai

4 posts

Posted by kangai > 2017-11-08 21:12 | Report Abuse

what's the reason behind all these non-stop private placements ? can somebody enlighten me ? and how will it impact masteel other than dilution of eps ?

Posted by investoroem > 2017-11-09 11:40 | Report Abuse

Private placement improves cashflow. Like taking a bank loan with no interest payment and dont have to pay back the principal sum !

edison5351

236 posts

Posted by edison5351 > 2017-11-09 12:35 | Report Abuse

masteel management wants to improve cash flow before Q report out. is a good initiative !

STC1136

977 posts

Posted by STC1136 > 2017-11-09 15:12 | Report Abuse

what is your expectation of Masteel Q3 results?

A. 10 to 15 mil
B. 16 to 20 mil
C. 21 to 25 mil
D. > 26 mil

For me definitely believe Q3 should have D results.

No selection for <10 mil, if really happen, i will sell all ticket on next day.

Posted by onlyinvestment > 2017-11-09 15:29 | Report Abuse

Private placement is good or no good ? However, there is always two sides to a story. Let us examine some of the potential benefit and negative benefic
I think positive some member of here have explain already , let us talk about negative benefic , PP will increase the share unit in market and hard to push up the share price unless Masteel buy back market share as treassure share. PP will decrease eps , if eps low but share price too high then will become high pe.
However, there is always two sides to a story. Let us waitting the Q3 result come out just see what to do next.

notebook

427 posts

Posted by notebook > 2017-11-09 15:54 | Report Abuse

PP means inject money with share, if company expand and using it, it's fine.
but some company just PP to goreng , it's very very bad.

Posted by FullTimeTrader > 2017-11-09 17:28 | Report Abuse

Finally, the MACD crossed above the slow line, indicating a shift in momentum.

Invest_168

549 posts

Posted by Invest_168 > 2017-11-09 22:27 | Report Abuse

Buy before too late

deddymines

599 posts

Posted by deddymines > 2017-11-10 09:52 | Report Abuse

masteel okayler.. alot of mega infra coming up. probably need pp to finance that. or... pp might be taken up by own ppl cause they know results gonna be good this qr. lets see. cheers

Posted by Crazyrenoma > 2017-11-10 10:27 | Report Abuse

the reason of falling becoz masteel releasing its treasury shares for $$. once the block in til 1.35 was clear. No more road block.

Posted by Crazyrenoma > 2017-11-10 10:28 | Report Abuse

TP at least 1.9 buy now still got 50% gain ... whoo whoooooo~

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