May Yee Hi sifu, new here. Can advise if buy now, will we be entitled to the bonus as well
Yes entitled. The bonus issue is still at the proposal stage and ex-date has yet to be determined. As long as you buy before the ex-date, you're entitled to the bonus issue.
OTB, thanks for your praise, i am not so expert as you think, yesterday i have been questioned my EPS wrong figure, malu here.
However, i am here to share my thought on this counter. Masteel so far is my only counter to invest as i don't have time to study & get enough info so normally use one bullet to shot only, sound risky?
I don't know how to read chart, that's why i lost money on my contra trading 10 years ago. Maybe i am so stupid, so complicated things i don't learn.
But my experience told me the only method to win is use value investment method. Spend time to study, get many information as much as possible. but i need to salute OTB, really one day spend 10-12 hours. I wish i have this golden time but i don't have.
Once you pay your attention and get enough information, the more u know the confident you will have when invest, dumb dumb hold and wait for 6 months to one year, but maybe longer if the company long term is still bright. Management team is very important, i can feel Masteel is now try their best to satisfied Shareholder, seldom campany can give 2 time bonus within a year.
Hence, achieve RM 2 is possible. Quite suprisngly that Masteel having almost same EPS with SSTEEL. of course is not fair to compare both of them due to Ssteel haven’t release their quarter result. What I trying to point out is , under the condition of almost same EPS for both of them. Masteel is trading at 1.51 , while Ssteel is trading at 2.3. Masteel having lower PE and Higher NTA and lesser NOSH than SSTEEL.
Of course I am Not saying Ssteel not good , just because human expectation is more higher towards Annjoo and Ssteel. Therefore, both of this counter have to perform And deliver better result.
*note: Comment above is for sharing purposes , it’s not a buy call or sell call. Trade at your own risk*
Today market sentiments very bad, so able to buy Masteel <1.50, next week may rally. many fund manager not find as they may wait for S/Steel Annjoo results, then only made decision.
no volume la although price is high, like share, see price is high but no liquidity, how to translate into revenue and profit, in the news d ma, go ask people in the steel industry
Seasonal weather phenomenon and year-end holidays are expected to normally have a dampeningeffect on the demand and prices of steel bars. Be that as it may, the subsequent rebound of demand could be stronger in the ensuing months as the roll out of major public infrastructure projects are expected to intensify. As such, prices are expected to recover in line with demand. The performance of the Company will be closely linked to the convergence of the above mentioned factors.
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....
Aaron Ong
33 posts
Posted by Aaron Ong > 2017-11-24 10:24 | Report Abuse
those with no telur will sell now for small profit, then those new buyers will profit at TP RM2 by next month end