Posted by joeshare > 2018-01-09 15:00 | Report Abuse

@goody99 i was proven wrong on this counter once.. got enter point i enter no good i dun enter..

Posted by joeshare > 2018-01-09 15:01 | Report Abuse

@henly to be fair u were right in the first round.. u judgement is better than mine .. salute!

Posted by JN88 > 2018-01-09 16:11 | Report Abuse

walao big discount.....

Posted by JN88 > 2018-01-09 16:12 | Report Abuse

last financial year quarter 4 million - This quarter simply 30 million.... count yourself how many % increase in net profit la..

Posted by JN88 > 2018-01-09 16:18 | Report Abuse

Baby_shark: no cash ady?? this week end sell ur under wear at Pasar malam buy Masteel.... after next quarter buy new one.

Posted by Babihutanding > 2018-01-09 16:28 | Report Abuse

I swap from leon to here. Wow

Posted by joeshare > 2018-01-09 16:54 | Report Abuse

wah come one come one.. i am waiting for you baby

Posted by joeshare > 2018-01-09 16:55 | Report Abuse

i think got potential i can buy at 1.60...!

Posted by joeshare > 2018-01-09 16:57 | Report Abuse

but wait ah.. why sudden drop?

Posted by JN88 > 2018-01-09 17:08 | Report Abuse

joeshare: i know why drop, bcoz got people sell at lower price. They need money .

Posted by SuperPanda > 2018-01-09 18:52 | Report Abuse

baby_shark, play stock must have stdby capital to buy during weakness to ave down when needed

Posted by ValueMaker78 > 2018-01-09 21:48 | Report Abuse

2017
Qtr 1 PAT/Revenue-4%,EPS 4.46c
Qtr 2 PAT/Revenue-3.64% EPS 3.35c
Qtr 3 PAT/Revenue-4.5%(18,067/401,445) EPS 5.72c(Must exclude over provision in prior year-past)

Assume Qtr 4 revenue 400mil
PAT%-4%-
PAT=16,000=EPS 5.07c

Annjoo P/E-10.2
LionInd P/E-7.16
Ssteel P/E-7.47
So Masteel P/E ?

EPS-18.6c x 8x=RM1.49
EPS-18.6c x 10x=RM1.86


Pros
MYR strengthen will benefit Masteel perhaps.

Risks
1.Will steel price sustain at RM2700 level?
2.iron ore price shows increasing
3.Gas tariff hike

Posted by joeshare > 2018-01-09 22:03 | Report Abuse

@jn88 aiyah how come liau.. early of the year oso no money? so many some more? how come lah. aiyoyo..

Posted by JN88 > 2018-01-09 22:13 | Report Abuse

Joeshare: they all sailang sparng and umwog Liao so no money......

Posted by Baby_Shark > 2018-01-09 22:13 | Report Abuse

@superpanda yea now learnt lesson already haha, really will learn alot when really put own money in thr stock market

Posted by Lee Chee Hoe > 2018-01-09 22:42 | Report Abuse

Minor correction..will rebound tomorrow and flying again

Posted by joeshare > 2018-01-09 22:48 | Report Abuse

@jn88 haiyoh no wonder my petron oso sink.. all cabut .. nvm i wait at masteel and hy harbour incoming ship,,

Posted by JN88 > 2018-01-09 23:40 | Report Abuse

Last quarter only earn 4 million this quartet simply earn 8 million also 100% increase ady....

Posted by csl1991 > 2018-01-10 09:28 | Report Abuse

Queue to top up at RM1.65

Posted by ckc722 > 2018-01-10 09:42 | Report Abuse

dunno this quarter will give dividend mah

Posted by dalpinia > 2018-01-10 10:17 | Report Abuse

https://www.lme.com/en-GB/Metals/Ferrous/Steel-Scrap#tabIndex=2

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

uptrend continue......

Posted by joeshare > 2018-01-10 11:09 | Report Abuse

aiyah cannot buy again..

Posted by tianwang > 2018-01-10 11:14 | Report Abuse

yesturday i bought qlready mah...now wait for rebound...

Posted by Babihutanding > 2018-01-10 11:29 | Report Abuse

If eps 11. U can expert 2.50 easily

Posted by joeshare > 2018-01-10 11:34 | Report Abuse

haiyah lucky u tian..

i think between otb and kyy . i follow otb next time.. (not to say kyy not good ok).. both good but otb picks suit me better

Posted by tianwang > 2018-01-10 15:29 | Report Abuse

lai liao.....buy buy buy....

Posted by Henly > 2018-01-10 16:46 | Report Abuse

southern steel production started 3 shifts operation, another good news for steel counters

Posted by aslm > 2018-01-10 17:17 | Report Abuse

thanks henly. looks like there are large orders to long steel counters. maybe the orders come from infrastructure projects..

Posted by azman123 > 2018-01-10 17:41 | Report Abuse

henly from ssteel?

Posted by titus > 2018-01-10 17:43 | Report Abuse

Property developer says that their construction cost has increased due to higher steel price. Meaning good for Masteel?? ^_^

Posted by STC1136 > 2018-01-10 18:10 | Report Abuse

China Rebar today up 5.16% from CNY4171 to 4400, Strong rebound,

Malaysia Rebar is most likely to maintain RM2,700 till March 2018.

My personal estimate ASP for Q1 2018 will be a record price more than RM2,600++

Posted by SuperPanda > 2018-01-10 23:33 | Report Abuse

all run to o&g liao include me.. : ). but stil keep masteel and watch.

lucky bought dayang and earn but sapnrg eats my capital 1.5K already. sapnrg really crazy and unpredictable. heart attack must avoid it.

masteel seems stable and hope tomorrow can hold. klci dropping for correction after go new high.

Posted by titus > 2018-01-11 08:58 | Report Abuse

if masteel can reach RM2, it is good enuf for me le.....if 2.50, i not only laughing all the way to the bank, i be rolling all the way instead......rolling the cash.....lol

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

heard from BFM radio that China is continuing on their clear sky policy. That is why many analysts are monitoring the steel price because steel goes into many sectors and it is an indication how well the country economy is doing. Seems like they still shut down the mills and I think steel counter outside China will still have some room to run....

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

Becareful ...

Posted by dalpinia > 2018-01-11 09:14 | Report Abuse

Anyrhing below a good buy, this counter sure can go rm2.5 in next QR

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

the 50% output cut in china will maintain until march. guess this duration no much china rebar can come in malaysia. After march is the peak season for construction activity in china, the demand of rebar will shoot up but the china mills still need some times to increase and maintain smooth output production.
I foresee the rebar price at least will maintain high price for 1st half of 2018. what do you guys think?

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

@titus, Today China government is not the old days China. China had learned a lesson in environment issue. Those steel mills in China are force to install anti-pollution equipment which amounting to USD8 mils for each mini mills with high operational electrical cost and the old mills are force to close. The price of steel is only balance to what it suppose to be.
Previously China can produce cheap steel construction bar at the expend of environment, today they have to pay for it.

In Malaysia, I think all steel counters will be enjoying good profit after suffer for so many years. They deserve it.
This phenomena will run for many years until China steel companies come to Malaysia to create unhealthy competition again)

Posted by csl1991 > 2018-01-11 10:17 | Report Abuse

Dumb dumb hold until RM2.70 by first half of 2018

Posted by titus > 2018-01-11 10:18 | Report Abuse

Hi Henly, yes, they become more environmentally conscious now. You are right as they are definitely shutting the mills or controlling the mills till the end of March for the upcoming golden week holiday ie; CNY. For the past few years, they have been accused of killing their own citizen because of the smog and pollution. This is definitely a good news for other steel company and hoping it will continue to get better with the removal of unfair pricing from China.

Posted by azman123 > 2018-01-11 11:50 | Report Abuse

ya ya, last week Chinese government passed the rules on deciding what type of mills can stay operational. it is a very stringent rule. don't remember where i read it, but try google it

Posted by kmohan62 > 2018-01-11 13:19 | Report Abuse

...the price is deliberately suppressed...good sign....

Posted by samsambank > 2018-01-11 13:44 | Report Abuse

Kesm is a good buy. The AGM is being held now.

Posted by azman123 > 2018-01-11 14:15 | Report Abuse

live stream from kesm's agm?

Posted by GG_Liang > 2018-01-11 14:58 | Report Abuse

Those who want to buy kesm. Can consider buying sunright . Kesm's parent company. Cheaper with higher potential gain

Posted by Collin Soo > 2018-01-11 14:59 | Report Abuse

This is Masteel.. Please go back to your KESM forum.

Posted by SuperPanda > 2018-01-11 15:12 | Report Abuse

KESM not relate with Masteel, pls go away.

Posted by azman123 > 2018-01-11 15:48 | Report Abuse

among all steel counters, only masteel green. geng

Posted by aslm > 2018-01-11 16:31 | Report Abuse

damn strong..