Posted by STC1136 > 2018-01-16 14:02 | Report Abuse

26th Dec 2017 till 16th Jan 2018 (3 weeks)
Southern Pricing :
Y16-32=Rm2700
Y10,12,Y40 &R10 =RM2850
R6,8,12,16,20&25=Rm2900 (No Stock)

Amsteel Pricing :
Y16-32=Rm2700
Y10,12,Y40 &R10 =RM2850
R6,8,12,16,20&25=Rm2900


Refer Edward brother yesterday update:


edward123 Dear warmblood, price no change for 2 weeks already, stable at the moment.
15/01/2018 14:38

Posted by SuperPanda > 2018-01-16 14:11 | Report Abuse

@GG_Liang..pls read back my previous post on price range. Even drop further down. Im not contra player, i jst read the TA movement and support.

Tell u what, i sold 1.54 last 2 wks, re enter 1.73, bought again 1.68 last wk, bought again ths morning 1.58, now ave 1.64.

Posted by STC1136 > 2018-01-16 14:12 | Report Abuse

The 2,700 price level is the highest price for the past 10 years.

Masteel is going to deliver a stronger Q4 profits compare Q3.

Not even that, Q1 2018 is going to have much higher profit than Q4 2017.

1. Strengthen malaysia currency is lowering their scrap metal material cost.
2. Increasing market demand which is reflected from the market price 2,700.
3. Masteel will give bonus share 1:3 on Q1 2018.
4. Benefit on relised gain on forex from Q4 17 to Q1 18.

Posted by Tom > 2018-01-16 14:53 | Report Abuse

superpanda=gambler

Posted by uzairbhatti0157 > 2018-01-16 15:38 | Report Abuse

masteel strong stock why behaving like child!!

Posted by Henly > 2018-01-16 16:32 | Report Abuse

buy some at 1.63

Posted by SuperPanda > 2018-01-16 17:17 | Report Abuse

@Tom, u r quite right. Just a method of invest but may not suit all. I set alert for my watchlist and when it trigger, i make my decision buy/sell.

Posted by mjlee > 2018-01-16 19:49 | Report Abuse

currently India has increased the production of steel. moreover China has restore some of the production of steel. this will give quite a big impact to the steel price steel

Posted by mjlee > 2018-01-16 19:50 | Report Abuse

the price of steel has drop this few days. and China has more supply over demand. high stockpile . quite a gamble here

Posted by uzairbhatti0157 > 2018-01-16 19:52 | Report Abuse

Mjlee stop it ....it's just bcz of market ...hopefully recover tomorrow

Posted by stlf > 2018-01-16 19:59 | Report Abuse

mjlee...china steel is much more expensive than ours...moreover we hv tax controls on imported steel.

Posted by onlyinvestment > 2018-01-16 20:14 | Report Abuse

My averange price 1.03 and hold 8 month till today. In this 8 month period , a lot professional give their opinion but so sorry , I'm deaf , just hold tight till today and will continue hold tight till my TP. Just a sharing , buy a share you confidence and wait 2QR above just think next step want keep or selling .

Posted by uzairbhatti0157 > 2018-01-16 20:15 | Report Abuse

Thanks onlyinvestment for such motivation

Posted by Kentphang97 > 2018-01-16 20:33 | Report Abuse

Wow what is your tp

Posted by andrewong > 2018-01-16 23:33 | Report Abuse

manage to top up some to average down.. wait until next quarter sure gain alots!

Posted by SuperPanda > 2018-01-17 00:27 | Report Abuse

different people different strategy, if u hold long term >1 year on good stock, earn 100% this is good investor and very patience (buy and hold strategy).

but some investor earn 10% and sell all within a months. short trade. very risky.

but that depends on ur capital too. if 100% gain 1 year, rm1 x 1k shares x 100% = rm2k

can also get the same amt 10% gain 1 mth, rm1 x 10k shares x 10% = rm2k*

all back to what type of investor of you (many of us cannot resist buy/sell) and how much capital u have vs how high risk u want to take

*buy/sell will incur broker fee/stamp/etc.

Posted by mjlee > 2018-01-17 06:23 | Report Abuse

just sharing what happening now. shallow knowledge of me. to have more exploration and details toward current steel

Posted by titus > 2018-01-17 08:55 | Report Abuse

now waiting for the end of the month only....once bonus date announce....it should jump. How much.....only god knows....lol

Posted by Myeye > 2018-01-17 11:24 | Report Abuse

~.~ + 1.67

Posted by ttluck > 2018-01-17 13:42 | Report Abuse

Masteel will giv shareholder a surprise CNY bonus announcement.....patiently waited...

Posted by SuperPanda > 2018-01-17 22:11 | Report Abuse

bonus 1:3

Posted by victor9999 > 2018-01-17 22:19 | Report Abuse

masteel give me bonus 100k?

Posted by Kentphang97 > 2018-01-18 09:22 | Report Abuse

Lol everyone love o and g company but no one love steel company

Posted by aslm > 2018-01-18 09:47 | Report Abuse

now o and g company start correction, should buy back good FA company like big steel counters.

Posted by aslm > 2018-01-18 10:31 | Report Abuse

https://klse.i3investor.com/blogs/kianweiaritcles/144625.jsp

Posted by investoroem > 2018-01-18 11:15 | Report Abuse

Thank you aslm

Posted by STC1136 > 2018-01-18 11:52 | Report Abuse

Aslim, good analysis, clear many people doubt on steel counter

Posted by aslm > 2018-01-18 12:34 | Report Abuse

i just share the article.. i am not sifu level..

Posted by Elfkone > 2018-01-18 13:11 | Report Abuse

Sharing is caring

Posted by SuperPanda > 2018-01-18 15:35 | Report Abuse

Steel has stabilise since loss 3 yrs back, now less risk. O&G just begin to recover, so operator playing their card.

Posted by wingold > 2018-01-18 16:15 | Report Abuse

topped up portfolio @ 1.61, can't believe these few days got so many good discounted buys hehehe

Posted by STC1136 > 2018-01-18 17:17 | Report Abuse

26th Dec 2017 till 18th Jan 2018 (3 weeks)
Southern Pricing :
Y16-32=Rm2700
Y10,12,Y40 &R10 =RM2850
R6,8,12,16,20&25=Rm2900 (No Stock)

Amsteel Pricing :
Y16-32=Rm2700
Y10,12,Y40 &R10 =RM2850
R6,8,12,16,20&25=Rm2900


Refer Edward brother today update:


edward123 Dear all Bro, Price is the same for the past 2 weeks, no change only shortage for small size rebar

Posted by aslm > 2018-01-18 17:33 | Report Abuse

Shortage for small size rebar.. this is very good news for Masteel as its rolling mills located at Bukit Raja is specifically produce premium size (Y10,Y12) rebar.
Masteel must be very busy now as "shortage" means demand > supply.

Posted by STC1136 > 2018-01-18 17:46 | Report Abuse

Masteel Boss start to buy share 2 mil share is about 0.63% of total share.

I think today he may go sapu again.....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5669305

Posted by STC1136 > 2018-01-18 17:50 | Report Abuse

If someone have interest to take over Masteel, what is your thinking?

This idea has been proposed & discuss quite some time....It is possible to have M&A in steel counter....

Imagine Annjoo take over Masteel??

Posted by aslm > 2018-01-18 17:51 | Report Abuse

This stock is undervalued, plus the Masteel Boss also want 3:1 bonus share...

Posted by STC1136 > 2018-01-18 17:58 | Report Abuse

With 2 times bonus share issue & 10% PP, Masteel issued share was significantly increased from merely 230mil to 420 mil share, almost double.

Masteel market value one year ago is still stand at 170 to 180 mil, now is 500++ mil, 300 % increased.

I think the Masteel management will try their best to increase their market value, if there is chances to do merger & acquisition, thus maximise their ROE and shareholder interest...

we as minority shareholders of course feel happy and need to thanks management effort.

Posted by STC1136 > 2018-01-18 18:14 | Report Abuse

The Masteel boss buy from outside market @1.51(10% discount from yesterday closing), looks like buy back from those previous PP?

Posted by STC1136 > 2018-01-18 18:15 | Report Abuse

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS OUTSIDE CLOSED PERIOD
Description Pursuant to Paragraph 14.09(a) of Bursa Malaysia Securities Berhad Main Market Listing Requirements, the following Director has notified on the change of his indirect interest in the securities of the Company as set out in the table below:-
Name of Director Name of Registered Holder Nature of Interest Date of Acquisition of Shares Number of Shares Acquired Price Transacted (RM) Consideration (RM) Percentage of Issued Shares (%) Total Number of Shares after Acquisition
Dato' Sri Tai Hean Leng @ Tek Hean Leng TYY Resources Sdn. Bhd. Indirect 17 January 2018 2,000,000 1.51 3,025,962.16 0.6345 98,169,462

Posted by STC1136 > 2018-01-18 18:24 | Report Abuse

I think i should top up my fifth round @1.51 same price with masteel boss buying, hope can get within a week.

Posted by andrewong > 2018-01-19 00:38 | Report Abuse

good sign when directors are buying.. i guess year end result q4 should be very good as normally year end closing figure should be closed by their accounting team

Posted by andrewong > 2018-01-19 00:38 | Report Abuse

price down. beli saja..haha

Posted by gooman > 2018-01-19 08:58 | Report Abuse

Buy Kesm. It is a good semiconductor stock. Its outlook is very good after the recent AGM

Posted by wingold > 2018-01-19 09:31 | Report Abuse

yesterday all the top management people sapu all the shares at cheap price. Up again soon.

Bonus issue, next QR. Many good things to come

Posted by STC1136 > 2018-01-19 09:40 | Report Abuse

Not cheap enough, someone want to press down the price lower, then only push up one short?

Posted by STC1136 > 2018-01-19 09:41 | Report Abuse

Hope can get my fifth round today....

Posted by titus > 2018-01-19 10:58 | Report Abuse

I add a little more today.

Posted by Fergus Chong > 2018-01-19 11:23 | Report Abuse

Add abit

Posted by titus > 2018-01-19 11:43 | Report Abuse

with the constant buying whenever there is a weakness, i din realise i accumulate substantial masteel shares. Of course the word "many" is very subjective. Example 100K unit can mean alot to someone but chicken feet to others. Masteel is the top 3 holding in my portfolio.....hehe

Posted by fansee > 2018-01-19 12:58 | Report Abuse

nice how many you bought in today titus?