MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.33

Today's Change

0.00 (0.00%)

Day's Change

0.32 - 0.33

Trading Volume

776,000


18 people like this.

14,813 comment(s). Last comment by rizal2020 2 days ago

Henly

1,902 posts

Posted by Henly > 2018-01-08 12:11 | Report Abuse

@yewyin33, Many thanks for your sharing. Many good sentences and phrases that I admire which i even copied and pasted to my whatsapp group of my children. I believe the young generation will learn a lot from your writing.
Cheers

goody99

1,807 posts

Posted by goody99 > 2018-01-08 12:15 | Report Abuse

volume today is higher than those of the last few days

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-08 12:36 | Report Abuse

@Tom, fak u....

yewyin33

315 posts

Posted by yewyin33 > 2018-01-08 12:43 | Report Abuse

You all must read my reflection at 85 from my blog which will help you make more money, lengthen your life, improve your health and enjoy a happy life.
Koon Yew Yin

Tom

2,984 posts

Posted by Tom > 2018-01-08 13:43 | Report Abuse

Please fark urself la
gambler superpanda,你不是等1.5以下的吗?Lol!

Posted by SuperPanda > Jan 8, 2018 12:36 PM | Report Abuse

@Tom, fak u....

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-08 14:39 | Report Abuse

simply say people talk cock but wen get fak become retarded. dont badmouth if cannot accept shit.

Tom

2,984 posts

Posted by Tom > 2018-01-08 15:02 | Report Abuse

Lol, retarded gambler superpanda talk kok again

Tom

2,984 posts

Posted by Tom > 2018-01-08 15:03 | Report Abuse

慢慢等你的1.50啦,idiot

Posted by ValueMaker78 > 2018-01-08 16:13 | Report Abuse

Easy 30%, realize half.
Sense something unusual.

dalpinia

2,299 posts

Posted by dalpinia > 2018-01-08 16:39 | Report Abuse

Steel price up again

dalpinia

2,299 posts

Posted by dalpinia > 2018-01-08 16:39 | Report Abuse

last chance to buy below RM2

Posted by rachelhltang > 2018-01-08 16:56 | Report Abuse

any comment why today all steel counter down trend?

sean0817

25 posts

Posted by sean0817 > 2018-01-08 17:28 | Report Abuse

ya, curious also

azman123

351 posts

Posted by azman123 > 2018-01-08 18:04 | Report Abuse

o&g theme in play. some traders sold steel and move to o&g
sapnrg alone up 20% today, too fast too furious, faster than the rise of oil price. don't seem to be sustainable. I took profit from sapnrg and move to lionind

kmohan62

484 posts

Posted by kmohan62 > 2018-01-08 20:51 | Report Abuse

...golden opportunity to accumulate...while counter taking a breather...soon will race towards RM2.00....

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-08 21:14 | Report Abuse

@azman123, i played O&G early 2017 when oil at usd40 but o&g counter keep posting loss.

senergy (now sapnrg) was 1.9+. HRC down to rm5+. HRC rebound very fast but o&g havent until last week after Petronas release AOR 2018-2020. it is not bcoz it rise too fast, but it already oversold too much. O&G worth to follow at least until jun'18 when opec meet again to review oil cut.

As for masteel, it has up more 30 cents during mrket down, will be correction. TA support at 1.65. Above 1.65 will sustain price above 1.70 till end mth. ex date bonus 1:3 will dillute the price back -25% (if 1.70 x .75 = 1.2+).

Posted by uzairbhatti0157 > 2018-01-08 21:51 | Report Abuse

Looking for rebound tomorrow morning

Posted by Jeffreychuah > 2018-01-08 22:18 | Report Abuse

might go further down 2morow and support at 1.65

Posted by uzairbhatti0157 > 2018-01-08 23:58 | Report Abuse

Holding this counter tight...after bonus issue and nxt quarter it goes rm 2 or above

csl1991

245 posts

Posted by csl1991 > 2018-01-09 09:58 | Report Abuse

Market laosai now.. Opportunity to top up emerges, at the back of bonus issue to be confirmed by Q1

Posted by ValueMaker78 > 2018-01-09 10:28 | Report Abuse

Based on the chart, Masteel my heading to 1.55-1.60 level.
Any sifu can advice should I sold my balance of Masteel as yesterday I had dumb half at RM 1.78.1.81.

SuperPanda

11,431 posts

Posted by SuperPanda > 2018-01-09 10:37 | Report Abuse

short term trading hurt most. growth counter should hold and buy on weakness

as i said, masteel has up more 30 cents, taking profit will push down. support 1.65. havent break yet.

sapnrg 2 days up 30% until 0.975, today taking profit down to 0.94, i buy more hoping growth on oil price

goody99

1,807 posts

Posted by goody99 > 2018-01-09 11:01 | Report Abuse

ValueMaker78, if you are confident with your analysis, why not sell now?

STC1136

977 posts

Posted by STC1136 > 2018-01-09 11:07 | Report Abuse

Latest news from brother Edward, Rebar price unchanged from last week till today, maintain RM2700++, good news.

Q4 ASP closed 2500++, compare Q3 2350, increased 6.4%,

My estimation on Masteel sales revenue should more than Q3, should be higher than RM420 mil x higher NP margin 7% total Net profit 30 mil

Plus realised gain estimated another 10mil so total is 40mil

14+10+38+40 = 102 mil

current price 1.69, EPS= 32.3, PE=5.23

Use 8 times TP = 2.58

goody99

1,807 posts

Posted by goody99 > 2018-01-09 11:16 | Report Abuse

STC1136, thanks for sharing!

aslm

379 posts

Posted by aslm > 2018-01-09 11:22 | Report Abuse

Topup some on Masteel. I believe most of the value investors will decide to topup during this correction.

joeshare

538 posts

Posted by joeshare > 2018-01-09 11:23 | Report Abuse

If go down below 1.65 i will definetly enter

goody99

1,807 posts

Posted by goody99 > 2018-01-09 11:27 | Report Abuse

joeshare, you can buy in stages.

paktua73

18,283 posts

Posted by paktua73 > 2018-01-09 11:29 | Report Abuse

old man manage buy at 1.66,1.67
but..
only tiny one..
od man always eat when red sea coming
tut tut

Posted by Baby_Shark > 2018-01-09 11:30 | Report Abuse

Thanks STC1136, now I feel more confident to continue hold the stock. Learnt my 1st lesson. Do not jump in at peak, correction will kick in T_T but still holding tight!!

tkk1127

255 posts

Posted by tkk1127 > 2018-01-09 11:40 | Report Abuse

good time to collecting. hehe

aslm

379 posts

Posted by aslm > 2018-01-09 11:42 | Report Abuse

I believe Mr. OTB and Mr. Koon will buy more.

goody99

1,807 posts

Posted by goody99 > 2018-01-09 11:49 | Report Abuse

Baby_Shark, share like Masteel is backed by good earnings growth, any profit taking is a good time to top up.

goody99

1,807 posts

Posted by goody99 > 2018-01-09 11:50 | Report Abuse

bastard, now everyone rushes to buy...

Posted by Lim Kentphang > 2018-01-09 11:52 | Report Abuse

haiz.. no cash to topup

goody99

1,807 posts

Posted by goody99 > 2018-01-09 11:52 | Report Abuse

can not let it drop to RM1.60 first ah????????????

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-01-09 11:54 | Report Abuse

When water-fishes sell. You buy. Some old lesson

tianwang

176 posts

Posted by tianwang > 2018-01-09 12:03 | Report Abuse

buy fast fast....shoop up very soon...

STC1136

977 posts

Posted by STC1136 > 2018-01-09 12:05 | Report Abuse

For current situation, Any price below 1.75 consider a buy call. Buy as much as possible. Don't bet with loan, margin for safety purpose.

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-01-09 12:06 | Report Abuse

Baby shark. Not all counters work like this. If i didn't chase gkent 2-3 years ago. I wouldn't have make >300% profit

Posted by Babihutanding > 2018-01-09 12:06 | Report Abuse

Leng o. See also happy. Can down more mou

Henly

1,902 posts

Posted by Henly > 2018-01-09 12:08 | Report Abuse

The support is at 1.67

Henly

1,902 posts

Posted by Henly > 2018-01-09 12:11 | Report Abuse

if 1.67 break , next support is 1.54 so buy 10%

Posted by Babihutanding > 2018-01-09 12:12 | Report Abuse

Alamak up jo 1.71

tianwang

176 posts

Posted by tianwang > 2018-01-09 12:13 | Report Abuse

no more chance to go down any more already.....

tianwang

176 posts

Posted by tianwang > 2018-01-09 12:16 | Report Abuse

afternoon will rebound..

Posted by Baby_Shark > 2018-01-09 12:16 | Report Abuse

No cash to average down haha

Posted by Babihutanding > 2018-01-09 12:18 | Report Abuse

Oh bebe. Tot can buy at 1.60

sean0817

25 posts

Posted by sean0817 > 2018-01-09 12:23 | Report Abuse

mr koon wont buy masteel , he said it on november.

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