MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.305

Today's Change

0.00 (0.00%)

Day's Change

0.305 - 0.305

Trading Volume

290,100


18 people like this.

14,821 comment(s). Last comment by calvintaneng 0 seconds ago

Posted by khatulistiwa1234 > 2018-08-13 13:51 | Report Abuse

I believe on CYCLE JUSTICE < GOD PUNISH THEM .

Posted by Maurice1688 > 2018-08-13 13:57 | Report Abuse

Reading comics

Posted by khatulistiwa1234 > 2018-08-13 14:02 | Report Abuse

GAME OVER .

aslm

379 posts

Posted by aslm > 2018-08-13 14:07 | Report Abuse

https://www.klsescreener.com/v2/news/view/417258/steel-sector-to-be-hit-by-more-global-headwinds-says-midf-research

Steel sector to be hit by more global headwinds, says MIDF Research

KUALA LUMPUR (Aug 13): Malaysia's steel sector is likely to experience further headwinds, as global demand is likely to be further hit by shaky demand from China's waning construction sector, in addition to risks from trade war tariffs, said MIDF Amanah Investment Bank Bhd Research.

"We view that the steel sector will be affected negatively in 2018 and 2019," MIDF Research analyst Fadhli Dzulkifly wrote, pointing to changes in global trade policies, tepid global demand and the local steel mill cost structure as impediments to any positive demand.

Six counters under MIDF Research's watch — Ann Joo Resources Bhd, Lysaght Galvanized Steel Bhd, Southern Steel Bhd, CSC Steel Holdings Bhd, Mycron Steel Bhd and Choo Bee Metal Industries Bhd — have previously shown negative reactions to news on the trade war and tariff impositions by the US and European Union, he said in a special update today.

"We reckon that this trend will persist as global steel demand is expected to grow 1.8% year-on-year to 1.62 billion metric tonnes in 2018, and tepid growth will be plagued by low demand in 2019, growing 0.7% year-on-year to 1.63 billion metric tonnes," Fadhli said.

On top of that, most local players are affected by fixed overheads and unwavering operation expenditure, making the sector unattractive, he said.

The market has currently priced in risks such as tariff impositions, but demand is expected to decline further due to China's environmental health and occupational safety policies, MIDF Research added.

However, the exclusion of building materials from the sales and services tax (SST) is expected to give a breather to Malaysia's construction and steel sectors.

"SST will enable steel sector to maintain its product supply to construction sector without any additional cost," Fadhli said.

aslm

379 posts

Posted by aslm > 2018-08-13 14:11 | Report Abuse

electricity naik, gas naik, transport naik, impost cost naik..

aslm

379 posts

Posted by aslm > 2018-08-13 14:11 | Report Abuse

still look good?

Posted by khatulistiwa1234 > 2018-08-13 14:15 |

Post removed.Why?

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-13 15:44 | Report Abuse

Bought 10000, good profit

Posted by khatulistiwa1234 > 2018-08-13 15:55 | Report Abuse

Syndicate use you help me , i help you method , prevent the plunged down , today stop the plunged down , but it cannot last LONG , to nite DJI PLUNGED FIERCE , tomorrow all movies will GONE , FULL STOP , GAME OVER TRACE .

imokay

83 posts

Posted by imokay > 2018-08-13 16:07 | Report Abuse

It's going up!!!!

imokay

83 posts

Posted by imokay > 2018-08-13 16:08 | Report Abuse

I sold all...

cth0712

225 posts

Posted by cth0712 > 2018-08-13 16:14 | Report Abuse

why steel up so fierce? Lion roaring the loudest

Aisha

85 posts

Posted by Aisha > 2018-08-13 16:14 | Report Abuse

Me too. Sold mine

Posted by khatulistiwa1234 > 2018-08-13 16:14 | Report Abuse

Today , i hope my comment , help certain people to alert this stock , my intention all time is RESCUE , GUARD MASTER .

Posted by khatulistiwa1234 > 2018-08-13 16:16 |

Post removed.Why?

Posted by khatulistiwa1234 > 2018-08-13 16:19 | Report Abuse

OBSERVE or not ? INDEX DROP 22 point , Masteel forward RIDE UP 0.25 cent , LOGIC or not ? if MAD only trust it is REAL WAVE , all is artificial , PLUS sentiment is getting worst , today don't know Tomorrow how worst become , still can RISE ???

JN88

11,670 posts

Posted by JN88 > 2018-08-13 16:38 | Report Abuse

The best among 4 counters..

gohkimhock

3,128 posts

Posted by gohkimhock > 2018-08-13 16:40 | Report Abuse

If Masteel could close above 80sen for a few days, we will see a change in momentum. A positive one.

TheContrarian

9,497 posts

Posted by TheContrarian > 2018-08-13 16:40 | Report Abuse

Green in a sea of red is a bullish sign.

dagnarus

428 posts

Posted by dagnarus > 2018-08-13 16:43 | Report Abuse

When a counter bucked a trend amidst the red sea, there is bound to be something that we don't know about. Too many variables in play yo.

Posted by khatulistiwa1234 > 2018-08-13 17:00 | Report Abuse

Syndicate is prepared ???? is a superb place , i am join as well as brave challenge , ROSSA declare in TOMORROW .

dagnarus

428 posts

Posted by dagnarus > 2018-08-13 17:03 | Report Abuse

Who the hell is rossa?

imokay

83 posts

Posted by imokay > 2018-08-13 17:12 | Report Abuse

so confuse with Khatu comments - but whatever decision i made, i take my own risks...

kwai

67 posts

Posted by kwai > 2018-08-13 17:16 | Report Abuse

so strong, MASTEEL still green with bullish market today.

Posted by khatulistiwa1234 > 2018-08-13 17:18 | Report Abuse

I also buy at 0.56 , now 0.83 , i having 5000 LOT also .

Posted by khatulistiwa1234 > 2018-08-13 17:46 | Report Abuse

GAIN until dizzy feeling , don't think , this phenomena long time don't feel , such wonderful reality sweet dreamland .

Posted by khatulistiwa1234 > 2018-08-13 18:42 | Report Abuse

GOOD QUESTION , WHAT IS ROSSA , trace bloomberg , answer is there , i tell you , don't tell any body , ROSSA FUND enough to make ORE LAND FAMOUS WHOLE REGION , LAST GEORGE SORO TAKE WAY , NOW ROSSA PLANT IT BACK .

imokay

83 posts

Posted by imokay > 2018-08-14 05:29 | Report Abuse

you are really here to confuse people....

Posted by khatulistiwa1234 > 2018-08-14 07:52 |

Post removed.Why?

dagnarus

428 posts

Posted by dagnarus > 2018-08-14 08:26 | Report Abuse

If tracking regional market then gapup on opening, Nikkei +1%

dalpinia

2,299 posts

Posted by dalpinia > 2018-08-14 09:11 | Report Abuse

today is masteel show, tomorrow would be lionind show and keep on repeated....until RM1.6 n RM2 (lionind)

dagnarus

428 posts

Posted by dagnarus > 2018-08-14 09:11 | Report Abuse

Nice opening today. Here's hoping 90sen

JN88

11,670 posts

Posted by JN88 > 2018-08-14 09:15 | Report Abuse

khatilistiwa1234 cry until mother cant recognized.

winwin2288

1,325 posts

Posted by winwin2288 > 2018-08-14 09:26 | Report Abuse

hope back to 1.00 first haha!

JN88

11,670 posts

Posted by JN88 > 2018-08-14 09:29 | Report Abuse

Turkey is not a crisis at all to market dunno panic what. Turkey may got beautiful girls and Donald Trump want to buy cheap.

GG_Liang

1,008 posts

Posted by GG_Liang > 2018-08-14 09:30 | Report Abuse

呵呵

ken

673 posts

Posted by ken > 2018-08-14 09:36 | Report Abuse

Today partying at masteel. Yesterday partying at lion... Heng ah, Huat ah, Ong ah!!!

Posted by khatulistiwa1234 > 2018-08-14 09:43 | Report Abuse

Smart syndicate , pull up to trap people in , if you not patient , see people make it even make it , buy in today , i congratulation you , your hard coin is consider hard burn , left nothing , i not blame you , i blame the cruel of syndicate .

Posted by khatulistiwa1234 > 2018-08-14 09:47 | Report Abuse

See or not , index UP , exchanged back , move opposite way , down , all is syndicate rhythm .

aslm

379 posts

Posted by aslm > 2018-08-14 09:57 | Report Abuse

Mr. OTB asked his followers to buy lionind during the stockwatch this weekend.

See now Mr. OTB help the syndicate to offload the lionind shares even though he aware that the steel demand is not high and alliance steel production is going to flood the malaysia market with excessive production due to the halt of ECRL project..

Mr. OTB first time asked followers to cutloss below 0.70 to let syndicates collect at cheap price, then ask his followers to buy back at priuce 1.10 to let syndicates offload the shares. See syndicates can easily make profit of more than 60% in one month.

Posted by khatulistiwa1234 > 2018-08-14 09:57 | Report Abuse

i pity the buyer , always chase when see the price continue break record high , you know you even exploit to the risky is higher , crashed , your bone also powder off .

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-14 10:11 | Report Abuse

Never regret for buying this

Posted by khatulistiwa1234 > 2018-08-14 10:25 | Report Abuse

mahathir confirm terminated two big project , less demand for steel iron for sure , more to cut , i heard , after china trips , possible hair wire back , heard LGE also not follow , mean he also give up , mean not great news on hope !

Posted by khatulistiwa1234 > 2018-08-14 10:25 | Report Abuse

rumour say , NOON , plunged down all iron metal counter .

Posted by khatulistiwa1234 > 2018-08-14 10:26 | Report Abuse

GAME IS OVER .

dagnarus

428 posts

Posted by dagnarus > 2018-08-14 11:11 | Report Abuse

The boy who cried wolf. Kesian.

JN88

11,670 posts

Posted by JN88 > 2018-08-14 11:11 | Report Abuse

Game restart.

Posted by khatulistiwa1234 > 2018-08-14 11:12 | Report Abuse

NOW STOP RISE < LATER PLUNGED DOWN , movies always in this rhythm .

Lsi54

53 posts

Posted by Lsi54 > 2018-08-14 12:20 | Report Abuse

Steel uptrend moving on, quarter result should be very good.

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