Posted by calvintaneng > 2014-07-25 13:16 | Report Abuse

Rubychooi,

It works like this.

Masteel is now at RM1.01

Warrant Price is 39.5 cents.

Conversion for Masteel Wt to Mother is 67 cents.

So if convert means 39.5 cents plus 67 cents = Rm1.065

Compare to Mother now selling at RM1.01 there is an extra cost

1.065 - 1.01 = 5.5 cents.

Yes! No Investor will convert at this moment. Director is doing All Share Holders A Favour.

To Do So Means Director Is Actually Buying Masteel at RM1.065 instead of RM1.01..

At RM1.065 Director Sees MASTEEL Has A Good Future Potential To Rise Even Higher!

There Is A Difference Between Mother & Wt

Only Mother is entitled to dividend.

Reason to buy warrant is an opportunity for arbitrage. If Mother & Wt both go up One Cent.

Wt will gain much more by percentage.

Example RM1.01 (Mother) One Cent increase equals 0.9%

39.5 cents (Warrant) One Cent increase equals 2.5% gain.

So buying Warrant will amplify gain if you think the price is bullish. However in bear market warrant can also exacerbate losses.

So we must be very sure before buying warrant to check on its immediate current and future prospects. And the main reason to be bullish is due to Billions of rm in MRT Construction which will increase demand for long steel.

And MASTEEL Is The Master for Long Steel products for MRT Pillars.

Posted by Steven Yong > 2014-07-25 14:02 | Report Abuse

no, not because he is doing you all favor. It's because he knew something is brewing, special div maybe.

Posted by Icon > 2014-07-25 20:49 | Report Abuse

Director Conversion Wt to Mother and sold in the open market and the company resale Treasury shares in the market too.....i guess new shareholder will appear...

Posted by calvintaneng > 2014-07-25 21:58 | Report Abuse

Icon,

Yes! You are Right on Target!

In Bursa Filing for 22nd July Transaction It Shows Director Disposed 2 million shares in the market. But a closer check of total volume traded on 22th July, 2014 (same day when Director sold 2 million shares) total volume traded for the day was only 481,100 shares only.

That Means That There Is A Third Party Buying into the 2 million shares.

Something is happening here which is yet to be seen.

SOMETHING VERY POSITIVE!

Posted by Steven Yong > 2014-07-25 22:55 | Report Abuse

calvin, you talk so many ,got buy not

Posted by calvintaneng > 2014-07-25 22:58 | Report Abuse

Steven Yong,

I have little spare money so I bought a little every where. For Masteel I only bought Masteel wt at 33.5 cents (20,000 shares).

Posted by AyamTua > 2014-07-25 23:00 | Report Abuse

Calvin Tan prediction is RIGHT about MASTEEL.. shouldnt doubt him.... any new investor newbies should LEARN and TAKE HIS ADVISE ...

Posted by citiwai > 2014-07-25 23:03 | Report Abuse

Calvintaneng boleh....masteel also boleh....huat arh...

Posted by AyamTua > 2014-07-25 23:08 | Report Abuse

i have faith in Calvin Tan .. after PMCORP success.... so no, he wont make fail predictions ... kikiiii

Posted by Steven Yong > 2014-07-26 01:28 | Report Abuse

Warrant expired soon

Posted by carson > 2014-07-28 16:21 | Report Abuse

i know a person luck and fortune by reading at his face, masteel bos face besides having an actor look like HK cheong kai fai, he should be doing very well, these few years and the coming share prices appreciation proofs mt point

Posted by calvintaneng > 2014-07-29 11:22 | Report Abuse

Wow! Now We Got Favourable Forecast By Carson The Fortune Teller!

Masteel Got Muscle To Muster Up In Price!

Remember: MASTEEL IS THE MASTER OF LONG STEEL.

RM40 BILLION GREATER KL MRT NEEDS LOTS & LOTS OF LONG STEEL

This Is The Trigger or Firing Mechanism To Propel Masteel Share Price Up! Up! Up!

Posted by calvintaneng > 2014-07-29 11:30 | Report Abuse

Then Other Firing Mechanism Will Continue To Propel MASTEEL Into The Stratosphere!

100 STOREY WARISAN MERDEKA

HIGH SPEED BULLET TRAIN FROM KL TO SPORE, THEN KL TO THIALAND. KUANTAN TO PENGERANG!

RM1.2 BILLIONS INTER CITY RAILWAY FOR ISKANDAR!

TRX

PUDU JAIL MAKEOVER

ISKANDAR MUSHROOMING CONDOMINIUMS!

RM50 SUNGAI BULOH TRANSFORMATION

ISKANDAR 3RD THIRD BRIDGE

PENANG 3RD CROSSING BY TUNNEL

BRIDGE FROM MELAKA TO SUMATRA - LONGEST IN THE WORLD?

NO WONDER MASTER STEEL OR STEEL MASTER IS GETTING READY A BRAND NEW FACTORY TO MEET SUCH HUGE DEMAND.

And Warren Buffet says, "If A Company Business Is Doing Well Its Share Price Eventually Follows."

Posted by AyamTua > 2014-07-29 11:38 | Report Abuse

one of the best legendary Calvin Tan prediction ! kikiki

Posted by carson > 2014-07-29 22:49 | Report Abuse

calvin thanks you

Posted by Steven Yong > 2014-07-30 13:43 | Report Abuse

LionFIB not to miss also, buy together

Posted by Icon > 2014-07-30 21:40 | Report Abuse

today no shown.....recently small cap goreng kuat kuat
price above 1.00 easy to goreng.......i think masteel wil goreng kuat kuat and break 1.160 resistance

Posted by Tigerbeer > 2014-07-31 11:16 | Report Abuse

shareholder selling?

Posted by calvintaneng > 2014-07-31 11:26 | Report Abuse

Shareholder sold to 3rd Parties. One Day A New Shareholder May Appear.

Posted by bonescythe > 2014-07-31 17:22 | Report Abuse

:D

Posted by 2288 > 2014-07-31 21:31 | Report Abuse

wanna move liao....collect more

Posted by bonescythe > 2014-08-01 01:11 | Report Abuse

Masteel - Smelting Iron Forging Steel
http://bonescythe.blogspot.com/2014/08/masteel-smelting-iron-forging-steel.html

Posted by Steven Yong > 2014-08-01 07:22 | Report Abuse

Dow jones drop 2% let's see if bones miracle can still happen

Posted by dragonking > 2014-08-01 08:21 | Report Abuse

masteel coming or not,,,

Posted by duitKWSPkita > 2014-08-01 09:03 | Report Abuse

...hahahahah....a bit late..... Now you come........

congard to all my followers!




duitKWSPkita ......... Lets us make 7% gain from MASTEEL on Thursday at 11am............

Dear Fighters,

When you are looking for some small money. You may buy MASTELL tomorrow morning and sell back on Thursday 11am to get your 7% profit.

Silent stock always a silent stock. Invest at your own capacity (holding power and risk taking profile).

Happy trading!
21/07/2014 17:09

Posted by kangcs > 2014-08-01 09:09 | Report Abuse

i am waiting changes to buy

Posted by calvintaneng > 2014-08-01 09:12 | Report Abuse

GO! GO! POWER RANGER!

Posted by calvintaneng > 2014-08-01 09:29 | Report Abuse

Excellent Write Up by Bonescythe!

Masteel uses scrap metal as feed stock. As such it is cheaper than imported iron ore. The Scrap Metal collector is Cheap Labour indeed. Using scrap metal also saves 75% in electricity.

With so much savings MASTEEL's Profit Will Accelerate!

MASTEEL Is Another Muda. Muda was 35 cents. Now up 700% to over RM2.45. Why?
Muda uses waste newspaper not the expensive paper pulp. Cheap Labour (scavenger) collect waste newspaper and sell to Masteel for 10 cents a kg. After converting to Photocopy paper it is sold for RM10.00
(Up 1 Million % Profit!) Muda up so much. So Don't Chase!

BUY MASTEEL While It Is Still SO CHEAP!

Posted by Tigerbeer > 2014-08-01 09:43 | Report Abuse

OH MY GOD Bone Gor is writing this counter... this is like a dream come true.. not even dare to this dream before!

Posted by kangcs > 2014-08-01 10:17 | Report Abuse

:)

Posted by horriefic > 2014-08-01 10:49 | Report Abuse

Nobody is bothered by the low profit margins of Masteel?

1Q May 2014, sales 337m, but profit only 7.28m (2.1% margin)
4Q Feb 2014, sales 351m, profit only 5.4m (1.5% margin) etc.

Not saying the price won't go up. Just asking for feedback and wanting to learn more.

With such low profit margins, there is no 'margin of safety', which is one of the key requirements of Warren Buffet etc.

Posted by calvintaneng > 2014-08-01 11:22 | Report Abuse

Expenditure for New Furnace factored in?

Posted by bonescythe > 2014-08-01 11:38 | Report Abuse

Pop Pop..
:D

Posted by Alex Chan > 2014-08-01 11:55 | Report Abuse

whats happening? train project?

Posted by KONG88 > 2014-08-01 12:19 | Report Abuse

BREAKOUT EDI WITH VOLUME ....FASTERN SEATBELT AND GET READY TO FLY

Posted by Stockaki > 2014-08-01 13:55 | Report Abuse

my dealer said this counter can up to 1.20 in short term,encourage me to buy some :)

Posted by Tigerbeer > 2014-08-01 13:56 | Report Abuse

nothing happened, just trying to show its fair value...

Posted by bonescythe > 2014-08-01 14:44 | Report Abuse

Pop one more round :D

Posted by Tigerbeer > 2014-08-01 17:20 | Report Abuse

Next week.. all steel move together... Kinsteel and Perwaja today crazy... next week... Masteel also come?? YEAH!

Posted by kangcs > 2014-08-01 17:27 | Report Abuse

hopefully la

Posted by bladekiller > 2014-08-01 20:05 | Report Abuse

yeah!

Posted by calvintaneng > 2014-08-01 21:54 | Report Abuse

Today is indeed an interesting day for steel. In spite of Dow Jones 300 points drop after Bonescythe posted comments on Masteel - Masteel started to run.

Then to everybody surprise Kinsteel, Perwaja, Melewar and other steel co also started to run in earnest.

There is a Big Difference though.

Masteel has high NTA & Earnings So Masteel is Running on Solid Ground! I cannot say the same for others.

I think in the Cartoon film when the fox chased the road runner over the Cliff - The Road Runner suddenly make a turn near the Cliff's precipice. But the Fox ran straight over the Cliff - And Then He Runs On Air For A good While - Then Plunge Down To The Earth!!

So Be careful Friend. Masteel is running on Solid Ground and not on thin air.

Posted by Steven Yong > 2014-08-01 22:30 | Report Abuse

not to miss LionFIB also!

Posted by Steven Yong > 2014-08-01 22:34 | Report Abuse

LionFIB is the best steel counter to play

Posted by carson > 2014-08-01 22:56 | Report Abuse

as bone says , the price trending for kub , a partner of masteel, could be a hint that the mcn project is on.

i believe if its on , masteel prices will go, minimum, triple

good luck to all,

Posted by curiousmind123 > 2014-08-01 23:46 | Report Abuse

Masteel is currently trading at a P/E of 8.xx which is much lower compared to other steel companies, LionFib (P/E 26.6), ann joo (P/E 56), kinsteel (loss making)

Besides, Masteel has the most stable earnings from 2010 - 2013 (EPS of 11 - 13).

Posted by Stockaki > 2014-08-02 12:53 | Report Abuse

Just on board yesterday,let's see how next week :) I believe short term TP1.20 should be able to achieve,agree? ^^

Posted by curiousmind123 > 2014-08-02 14:32 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/08/02/Eye-on-stock/

Posted by Stockaki > 2014-08-03 19:26 | Report Abuse

http://biz.sinchew.com.my/node/97950?tid=23#ixzz36NJP5ycI

Posted by Dkwee > 2014-08-03 21:02 | Report Abuse

@ stockaki thanks for sharing....: - ))