MASTEEL - MASTERS OF LONG STEEL FOR MRT, LRT & INTER CITY RAIL
The Salient Factors
1) GREATER KL MRT Will Need A Lot of Long Steel As Developement Progresses. Masteel will benefit greatly as its factories are close by.
2) Masteel has the lowest gearing among steel companies.
3) Selling at 60% Discount to NTA.
4) New Factory Ramping Up Production To Meet Increasing Demand. for Infrar Boom - Merdeka Towers, WCE Highway, TRX, Sg Buloh 50 Biillions Building Project, High Speed KL-Spore Bullet Train.
5) Possible Windfall From RM1.2 Biilions Iskandar Inter City Rail Link. And Steel For All ISKANDAR's Mushrooming Skyscrapers!
6) Only Profitable Company among steel companies
7) Highly Recommended by The Edgedaily Management Team.
oh nothing yet but when it started uptrending its gonna be in explosive manner, for those interested buy now before its hard to get the low prices offer now, dont see much risk in this counter, since little risk is involved and great ppl sayings , take a little risk for the desire reward
sorry I am newbie still. Just wanna consult you keep till next year should see "some" or "great" profits? If "great" then must tambah more and more....if "some" then need to gradually tambah, still must tambah also.
hope I can learn more from you. wish u make big gain from MASTEEL in the next few days!
Today News Came Out That RM21 Billions Have Been Allotted to Greater KL MRT!
Lots and Lots of Long Steel is Needed.
In Bursa Filing Director just converted 1 million Masteel Shares from Warrant to Mother.
He could just sell warrants and buy mother to pocket the 4 to 5 cents difference. Instead he did all share holders a favour by setting a very good example to convert warrants.
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....
carson
418 posts
Posted by carson > 2014-05-28 17:51 | Report Abuse
might come up with huge warrants and right issue to finance MCN,