MALAYSIA STEEL WORKS (KL)BHD
KLSE (MYR): MASTEEL (5098)
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Last Price
0.35
Today's Change
0.00 (0.00%)
Day's Change
0.345 - 0.355
Trading Volume
4,211,400
Changes
| Ann. Date | Date | Type | Name | Title | View |
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Discussions
18 people like this. Showing 50 of 14,687 comments
very bad if compare to previous QR then yes, compare with other steel companies, then no. masteel still has profit as other companies are already showing losses in their QR
2023-05-26 09:16
Other steel companies like cscstel, prestar start showing increasing profit but Masteel start show reducing profit.
2023-05-26 09:50
Remained low in steel still?
https://theedgemalaysia.com/article/malaysias-steel-consumption-should-stay-below-prepandemic-levels-through-2023-says-misif
2 months ago
Steel price is rising lately. Looks like the demand is increasing in tandem with vigorous construction activities
2 months ago
Over the past 14 years, MASTEEL achieved 2 % average ROE compared to the Bursa Steel company average of negative 1%. https://www.moomoo.com/community/feed/110744458362886?global_content=%7B%22promote_id%22%3A14079%2C%22sub_promote_id%22%3A25%7D
Don't you think it deserves a deeper look
2 months ago
Definitely as steel business is also cyclical. Now it's almost time for the business to perform
2 months ago
Still think it's dreaming for Steel industry to perform, Icon 888? Masteel is moving up gradually alrdy lor
2 months ago
Hi masteel, woken up today? :) stoch oversold , property and construction had climbed up past weeks, so this steel will definitely will go up. Those who still wanna throw at low and oversold, better put money in ASB lor 😁haha
1 month ago
Prospects
The Construction Index of Bursa Malaysia had rallied by over 11% since the start of 2023,
resulting it as one of the best performers in this year. Stocks of major builders such as WCT
Holdings Berhad, Gamuda Berhad and Sunway Construction Group Berhad had also rallied by
132%, 16.4% and 11.3% respectively.
In last month alone, the index had risen by over 3%. This underscores the Company’s expectation
of a faster pace in the roll out of many major infrastructure projects such as the RM45 billion
MRT 3, RM32 billion Penang Transport Master Plan and the disbursement of the RM97 billion
gross development expenditure budgeted under Budget 2023 in the coming few quarters.
The current environment of low margin on the sales of steel bars is not expected to persist for too
long.
5
Meanwhile, the Company is making a major investment to improve its competitiveness whilst
continuing its mission to decarbonize and maintain its lead as the lowest emitter of Green House
Gases for Scope 1 amongst all steel mills in Malaysia.
The Company expects improvement of its earnings in the quarters ahead.
----------------------------------------------------------------------------------
OK, I will hold it for another 3 months.
3 weeks ago
This article first appeared in The Edge Malaysia Weekly on December 5, 2022 - December 11, 2022
STEEL bar manufacturer Malaysia Steel Works (KL) Bhd (Masteel), whose stock price has jumped 60% over the past month, is said to be a takeover target of a Bursa Malaysia-listed integrated builder conglomerate, according to market sources.
“A locally listed building materials distributor, which has been actively acquiring companies and businesses in recent years, is now eyeing Masteel as its next target,” a source tells The Edge.
2 weeks ago
HSR project will be announce soon.... KL to Thailand HSR will be consider soon .....Gov mega project ..... within 3 months will be construction and steel play...
6 days ago
https://focusmalaysia.my/malaysia-slips-three-rungs-to-56-out-of-165-jurisdictions-in-the-economic-freedom-of-the-world-annual-report/
if PN was govt, everybody will be screaming at this bad news. But with PMX, semua silent je.
4 days ago
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Icon 888
Lari first ..
2023-04-10 10:11