Sometimes historical can use, hope it can break 1.33 today. Once break can up to 1.40....
STC1136 Manage to top up some in 1.27, oversold currently as being drop for the past 6 days.
The small rebound will come in this week if you look at their past historical data. Can go back to 1.33 to 1.35. 5 to 6 days non stop dropping will normally get a rebound. Hope this will become a trend till their QR result. 21/11/2017 11:12
On 15/11/17, China Rebar closing at RMB 4,136 now continue up to RMB4,225 within one week. Heard today closing up also, someone said china some areas already sell at RMB4,400 per ton.
This is definitely goods news all Malaysia long steel counters, if low demand on malaysia housing market, they can export to other country now as we are much cheaper compare china market price.
China RMB4,225 / 1.60 = RM2,640
Malaysia RM2,450
There is more than 7% price advantage.
Posted by STC1136 > Nov 15, 2017 07:37 PM | Report Abuse X
China Rebar was strongly rebound from RMB3908 to now RMB4136. Up 5.8% or RMB228 per ton(almost RM150 per ton) in one week time.
Malaysia rebar normally will up and follow after 2 to 3 weeks of China Rebar price.
I estimate Malaysia Rebar price will climb back 2,600 at end of this month.
Prestar announce QR today. Revenue up but profit drop slightly. One sifu mentioned prestar n masteel will hv same pattern despite different steel business. Will masteel be the same???....hmmm
Don't waste golden opportunity!!! As i said on sept 2017, estimate 40 mil, many friends / forum users laugh at me....
Mostly estimated 15 to 20mil.
People will start eye Masteel management and its success strategic in steel industries.
Fully satisfied.
We as a minority shareholders, urge Masteel management to pay attention on improvement of dividends payout. 10% is too low, we are request for 20% minimum. These will push up share price & good image of the company.
My One year TP 2.00 not far..........
Congras to all shareholders here, cheers.....................
Stock: [MASTEEL]: MALAYSIA STEEL WORKS (KL)BHD Sep 27, 2017 08:31 PM | 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"
Someone still attacked me for recommending this stock. Please note that I spend 12 hours a day everyday on KLSE including weekends. I work hard to do my homework before I comment on any stock. Nothing in this world is free, you need hard work to be successful.
Before you attack me, please ask yourself, how much homework you had done. I talk with facts and figures, I have very good memory to remember all figures.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
victor9999
521 posts
Posted by victor9999 > 2017-11-22 10:03 | Report Abuse
bad result