Posted by sheep > 2016-03-22 08:20 | Report Abuse

still can buy...checked...uptrend on low volume. some1 connected must had bog this counter before this report out..still can buy...choice is yours...will buy on dips...wakakaka

Posted by ValueGrowthInvestor > 2016-03-22 08:23 | Report Abuse

Actually the price increase and volume spike was one of the reasons I took time to study the company further. Not the other way round.

Posted by sheep > 2016-03-22 08:31 | Report Abuse

then it's thanks for sharing.

Posted by kk123 > 2016-03-22 08:35 | Report Abuse

Until masteel can submit their financial statement on time - it's best to avoid this counter
There are too many red flags .. Beware!

Posted by ValueGrowthInvestor > 2016-03-22 08:59 | Report Abuse

They have been doing so since the last incident.

Yes, you should be careful of companies that have a history of late submission. Please do avoid if it does not match your risk appetite.

Posted by bugle > 2016-03-22 11:01 | Report Abuse

Yes, agreed. Think about the risk 1st, then only the return. Anyway, good luck!

Posted by yktay1 > 2016-03-22 11:20 | Report Abuse

just hit 60 cents..thanks VGI

Posted by ValueGrowthInvestor > 2016-03-22 11:42 | Report Abuse

As we speak, steel rebar prices just rose back to July 2015 high.

http://www.barchart.com/chart.php?sym=VPK16&t=BAR&size=M&v=2&g=1&p=D&d=X&qb=1&style=technical&template=

Posted by erkongseng > 2016-03-22 16:07 | Report Abuse

THANKS TO SHARE.

Posted by HYG > 2016-03-23 00:56 | Report Abuse

VGI,any TP for this Masteel?

Posted by ValueGrowthInvestor > 2016-03-23 09:09 | Report Abuse

Hello HYG, I think Masteel should be priced at around RM0.88 which was its low before the accounting mess and slump in steel bar prices. Reasons for this was the MRT1 and LRT2 packages which are soon to be repeated in the form of MRT2 and LRT3.

Posted by HYG > 2016-03-23 09:50 | Report Abuse

VGI, many of thanks.

Posted by jfm3737 > 2016-04-12 17:51 | Report Abuse

TQ

Posted by Beststock > 2016-05-10 13:37 | Report Abuse

Thanks. Following your comments. Keep this stock for long term.

Posted by noobnnew > 2016-05-10 13:49 | Report Abuse

I really like your writing style. Based on fact and also sound analysis

Posted by moneySIFU > 2016-08-27 01:34 | Report Abuse

Very good written article

Posted by paperplane2016 > 2016-08-27 01:49 | Report Abuse

Just right timing. Hehe