Wish all are well with your family, Edward bro

Let's go for my first target RM1.50, then 1.80 by end of the year

Best ever result, TP1.37 is now looked much achievable

Best ever result, congratulation!

Surprise on the bottom line

Come here to read Edward's latest price list has become part of daily program. Thank you, Edward bro

Fairly good result, only concern on the net profit margin & ROE, these are on the reverse sides of the increase in revenue.

New batch of members here, hmm.... all old faces disappeared already

This article was digged out from the grave & pushed up to become NO.1 for wrong reason

Good results

Good results, this one safe :)

Result not so good for the 1st sight, need to study deeper

But I can't buy cheap anymore

Great goal by ann joo

Good analysis!

Golden rules can be put aside once business sense steps in?

No one click "like" this article, very interesting

Repeat what OTB's statement & try to understand it, it's the risk that we need to take when come to business or stock investment, nothing is sure thing:

It is always difficult to predict quarter result because we base on all information available to public. We do not have any insider information.

I had done my forecast for many stocks, the probability of correct is around 70%. Many time, it is wrong even I spend many hours to do it.

Once the steel players & authority tasted the beauty of controlling steel price (making profit) & discover they have the ability to keep it up there, nothing is impossible.

Don't be serious if never put in your money, but you did put in, hmm......

Will surely go down lower, matter of time only

Inventory is 192mil, mostly 6 months sales amount, Choo Bee will be another black horse in next QR

Not bad, expect more worse, down next monday & up before next QR?

Hmm.......

Those longer time holders even bought at lower average prices, so for them this round of adjustment is still ok to them

Not true, VenFx, there was adjustments when price hit 1.80 months ago & retreated back to 1.65, it was when I started accumulated this ssteel. My average price was RM1.70.

Count down started? moneysifu had already alerted long time ago.


moneySIFU Net profit for Quarter 31/12/2016 = RM11.337mil
Gain on disposal of subsidiary = RM11.337mil

If without the gain, the net profit = 0 (no gain no loss)?

http://cdn1.i3investor.com/my/files/dfgs88n/2017/02/24/1485814488-1852589828.pdf
24/02/2017 22:50

Delicious......

Masteel will be the most undervalued steel company by looking at its conservative prediction of PE 5.2X only.

Quoted from JayC:
JayC this result is within expection because future quarterly report will be very strong. Forward PE of X5!!!! assuming 5.83 + 4.83 + 5.83+5.83 = 21.87 cent / RM1.14 = 5.2x forward PE. this is my very conservative forecast because i believe Q3 and Q4 will beat Q1 result!!!
24/08/2017 17:31

edward123
Southern Pricing : (Morning) Up RM30/Mt
Y16-32=Rm2500
Y10,12,Y40 &R10 =RM2650
R6,8,12,16,20&25=Rm2700 (No Stock)

Amsteel Pricing : (Morning) Up RM30/Mt
Y16-32=Rm2500
Y10,12,Y40 &R10 =RM2650( do not have sufficient stock, only certain sizes have)
R6,8,12,16,20&25=Rm2700
25/08/2017 11:39

Sharing from Mr Edward in SSteel & Annjoo

Let's look at this way, market value @ RM1.14 = 283mil

QR 30 Sep 2017 = ???
QR 30 Jun 2017 = 10.6mil
QR 31 Mar 2017 = 14.1mil
QR 31 Dec 2016 = 4mil

(Note: for 31/12/2016, there were forex losses of 11mil, an one-off item)

See if can stay above 2 or not.

Top up another 180k units at 1.14 & 1.15 just now

OldTown posts 20.8% higher Q1 earnings at RM16.77mil
http://www.thestar.com.my/business/business-news/2017/08/24/oldtown-posts-higher-q1-earnings/

Saw this news, just to share

Tomorrow sailang Masteel & Ann Joo and keep SSteel

Tomorrow sailang Masteel & Ann Joo and keep SSteel

Masteel join the party now, ssteel will be the final one,

Good result! Even when market & ASP were soft, Masteel still able to deliver consistent results! Well Done!

Inventory increased from 376mil previous Q to 433mil in latest Q. The Company will join the party to fly!!!

http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2017-06-30/5098_MASTEEL_QR_2017-06-30_Masteel%202Q2017_-2042900894.pdf

http://cdn1.i3investor.com/my/files/st88k/5098_MASTEEL/qr/2017-03-31/5098_MASTEEL_QR_2017-03-31_Masteel%201Q2017_-131092758.pdf

Road blocks at 1.15 & 1.16 are so huge :\

One day show only?

Who lets the dog out? Luckily it is lokap again, thanks i3 admin

获利符预期．钢价走高．安裕资源受惠庞大基建计划, 最高目标价 RM4.30
http://klse.i3investor.com/blogs/sin_chew_hot_stocks/130674.jsp

Tomorrow fly again?

I hate this kind of irresponsible article or news, very biased & never tell the whole picture

Ya, 200b pound looks big, but how much is the total loans size for london or england? Go check yourself.

Very misleading article, collapsed was the company's stock price, not market.

how much is the total loans in this company? Not mentioned.

The change in policy was this year February & previously was ok with collection rate of more than 90%, the effect of change was so fast so deep? It's joke.

Fully Agreed to veln82k6 & thumbs up to brothers Edward & leoting.

At current market value of 928mil, the management needs to work very hard to get 1bil sales & deliver at least 100mil Profit after tax then only this stock will have good chance to fly

Many start conversation of PA to capture the discount & coming 6 cents dividend

Still swiming under the water