Struggling time is invest time , i press order onward , heard Tai volunteer resign , new guy take over , i not humiliating , i just talk what is necessary , for sick for the whole boat people , i declare support back again , keep buying to stable back price , with new blood cell ,i confident the future , not Lionind monopoly , coz My group , Rossa will fleeting to support , NEXT IRON KING is ON CREATE .
Did your think 0.64 for Masteel is not fair , make great strides should be at least 0.87 at least , it still positive gain , value paper at 1.87 , what is possible just 0.64 , for me seal off 0.935 is the final negotiate price i putting, i will ask Rossa group to correct it , my responsibility to en-lock it .
i disagreed the cycling period mention by one gentleman in forum , down ward mode occupy the show , i even want to correct him , current stock price all according to willingness to changed , once press button , syndicate can monitor the RISE TUNE without see the graft is on what plunged down manner , i correct him again , you must see the back ground monitor man , his finace fierce or not , if like ROSSA FUND , i confirm you , 50% up ward in one day time , not a problem , small matter .
I there to sound , i there to declare the BIG CONSTRUCTION SUCCESS , this call my strength on LIQUIDITY , resistant to all source SOLID FUND FOCUS US .
I against people say Masteel is LOUSY STOCK in this minute , it will turn SOLID BLUE CHIPS IN CURRENT ALSO , ONLY SOLID GUY CAN FIGHT AND JOIN . 02/09/2018 22:39
CIVIL ENGINEER PROFESSIONAL VIEW , please put little confident , otherwise , you not entitle to know what is what , where is the origin , and what for study hard , education tell the genuine i am trying to tell .
"How to win friends and influence people" , this book i read many time , until heart read the contents , i know you hard to believe , i force you to believe , by action and result .
i ROAR AGAIN here , LIONIND MOVE < MASTEEL WILL MOVE ALSO , the competition is ON , i declare , never GIVE UP , fight second round up , TODAY lionind up how much , Masteel fitted follow or ABOVE .
I try to win a friend , and also hold the influence , i can be a close friend with him too , fair game onward , but i know i got my talent to win him as a warrior in this IRON METAL FIELD , i agreed that quarrel not use , we rather put the effort to challenge the task , who win who become the FUTURE IRON KING instead .
Please ignore the earlier email, it is the correct one.
Please review my calculation below.
Annual production of steel bar by Masteel = 650,000 ton Assume the cost of production = RM 2,000 Average price of steel bar price = RM 2,450 (lowest Miti price) Annual gross profit = 450 * 650,000 = RM 292.5 Million Less operating and finance expenses = RM 60 Million Annual net profit = RM 232.5 Million Total number of shares = 427.2 Million EPS = 0.54 Income tax = 25% Net profit after tax = 0.405 Share price today = 0.71 PER = 1.75
Even I assume Gross profit is RM 300, Annual gross profit = 300 * 650,000 = RM 195 Million Less operating and finance expenses = RM 60 Million Annual net profit = RM 135 Million Total number of shares = 427.2 Million EPS = 0.316 Income tax = 25% Net profit after tax = 0.237 Share price today = 0.71 PER = 3.00
Please check my calculation, is there any mistake ? I do not understand why the share price is so low. I believe the price of Masteel is undervalued. I have this question in my mind for many months because I cannot tally the number. Is the management hide the net profit ? I do not know, I take the quarter result report as my working paper. I will write to the management to find out the answer. If no good answer, I will take further step forward.
Thank you. Ooi
Disclaimer : Please be informed that the aforesaid stocks are solely for the purpose of education only ; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your
Masteel good client just inform me , NEW PLANT OCTOBER on FULL SWING , the production is getting fierce back , this is golden period for masteel , after SEPT mid term , it will getting better and better , THE NEW MACHINE IS OPERATED .
Annual production of steel bar by Masteel = 650,000 ton Assume the cost of production = RM 2,000 Average price of steel bar price = RM 2,450 (lowest Miti price) Annual gross profit = 450 * 650,000 = RM 292.5 Million Less operating and finance expenses = RM 60 Million Annual net profit = RM 232.5 Million Total number of shares = 427.2 Million EPS = 0.54 Income tax = 25% Net profit after tax = 0.405 If share price at 0.71 , PER = only 1.75, now at 0.66, PE is less than 1.75 ! So what is the fair price if PE is at x 5?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
khatulistiwa1234
46,261 posts
Posted by khatulistiwa1234 > 2018-09-01 11:20 | Report Abuse
TECHNOLOGY i am trying to say , Masteel is reverse gear , compare others iron stock .