Out of Masteel, Annjoo, SSTeel, & LionInd - Masteel is the only counter keep on issue bonus to its shareholders, very generous of top management and managed the company for so well and reward the shareholders so fair and appreciated all the small shareholders. We should buy this share to support them back.
...private placement and bonus issue are subtle message from the management that company's prospect is good in the near term...they expect the demand for the company share to increase slowly but surely....as such the company wants to add liquidity..i.e. increase the number of shares available so as not to cause sudden spike in price due to excessive demand neither a sudden drop when speculators or day traders take profit...
the proposed is 3 existing share to 1 bonus. Meaning i need to buy some more le. I currently have 110+ lot. So need to hood until 120 lot so that won't get odd bonus lot.
wah lau eh......ki siao liao....lol.......quick quick jump on the boat....this boat is leaving for a yacht and soon bring you to middle of the ocean of on board the super cruise........
If the scare of rebar supply happen in china, will it be imported from malaysia?
The answer is yes....possible.....
If the tight supply continue from Dec 17 to Mar 18, that is 3 months time. So the china market may source it from malaysia....as we are one of the cheapest price RM2,500 (CNY 4,050) in the world now....
If this happen..... Rebar price in malaysia may shoot rocket high from 2500 to 3000 within 1 month.... The demand of china is very huge even just a one percentage of their inventory, can be 7 mil tonnes(1%), this is Masteel whole year capacity....
It is just my imagination only... but make sense....
If Rebar price can shoot to RM3,000 per ton, Masteel can shoot to RM2.70 without a dream....
I suggest you all go to my blog to read my latest article "Warren Buffet's financial tips". I am sure you will learn how to make more money. Koon Yew Yin
yewyin33 I suggest you all go to my blog to read my latest article "Warren Buffet's financial tips". I am sure you will learn how to make more money. Koon Yew Yin
@yewyin33, I read your blog, but disappointed as I cannot learn "business sense" from your 50 years of experience in doing businesses from your blog. You are more like to "advertise" yourself then truly and sincerely helping small investor like myself to make more money. To you, you feel that those in this forum are all confused and mislead by FA and TA, and those with great business sense are not be in this forum and should be "elsewhere" a higher level places that can make more monies.
haha this company still have solid performance now. Question if it is sustainable until year 2019 is quite uncertain as it depends on a lot of factors ( Steel price, China hunger of steel, The construction industry etc) But I believe if a company with a strong management and balance sheet will prevail during tough times,
So happy to know that malaysia Rebar price has increased again from lowest beginning of Nov RM2,300 to now RM2,520, up almost 10%. These is so great news to Steel Counter.
Steel counter theme will start again.....My this month TP 1.72 not far away......
Posted by STC1136 > Dec 13, 2017 02:03 PM | Report Abuse
So happy to know that malaysia Rebar price has increased again from lowest beginning of Nov RM2,300 to now RM2,520, up almost 10%. These is so great news to Steel Counter.
Steel counter theme will start again.....My this month TP 1.72 not far away......
Sandra86...ur beloved uncle koon just written something about you la. You got read his blog or not.
Complainers with low emotional intelligence:Unlike the other two types of complainers, people that fall into this group have no desire for the opinions or feelings of the people around them. If you come across people of this kind, the thing they are most interested in is simply complaining to someone who will listen to them, and their reaction is less important.
but if you have money to topup...then buy more masteel share loh.... the more masteel share you buy, the more it goes up....then more bonus u get also....double happiness ^_^
my friend text me and say his sifut ask to buy more at this price. I told him i pokai liao....he say go borrow ah long.......masteel sure huat 1............i say he siao ah....
but seriously, he say can open margin account wat.....I told him no le....i play cash cash oni.
but kenneth 1 masteel holding value is amost my 3/4 portfolio......very embarrassing. Kenneth, if u dun mind me asking, u using margin account or cash account?
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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....
dalpinia
2,299 posts
Posted by dalpinia > 2017-12-12 09:35 | Report Abuse
rebound was confirmed, and now confirm it will going to RM2 before Jan 2018. Last chance to buy below 2