MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.305

Today's Change

-0.005 (1.61%)

Day's Change

0.30 - 0.305

Trading Volume

2,011,600


18 people like this.

14,821 comment(s). Last comment by calvintaneng 1 week ago

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-01-28 08:47 |

Post removed.Why?

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-01-28 11:56 | Report Abuse

Khatu u still owe me kfc treat

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2021-01-28 17:43 | Report Abuse

https://www.reddit.com/r/bursabets/comments/l6q9yt/thank_you_rwallstreetbets/

HERE WE GO. DO IT LIKE THE MALAYSIA GME GAMESTOP. SQUUUUUUUUUUUUEEEEEEEEEEEEEEZEEEEEEEEEEEEEE THE SHORTISTS!!!!!!!!!!!!!!

WE RETAILERS ARE NOT EASY TO BULLY WHEN WE ARE UNITED!

#100%ForeignShortists
#DefendOurNationPride
#TopglovNo1
#FocusTopglov
#TheOtherBoatsWillBeLiftedWithRisingTide
#ReturnUsFairValuation
#SayNoToBigBoysMarketManipulation
#RetailersUnitedTKSH
#StopTheBulliesAndSharePriceManipulation
#DestroyShortists
#TheirCurrentLossesStandatRM200M
#TheyDeclaredWarOnUs
#Defense
#TKSH/FAANGofMalaysia#ProtectTheWorldWithGloves
#DefendOurRetirementFunds

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-01 20:01 | Report Abuse

Covid-19: Malaysia snaps five-thousand streak as new cases drop to 4,214; 10 more deaths reported
Syafiqah Salim /
theedgemarkets.com
February 01, 2021 18:26 pm +08

https://www.theedgemarkets.com/article/covid19-malaysias-new-cases-drop-4214-10-more-deaths

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-01 20:09 | Report Abuse

Superb good news !
First batch of Pfizer’s Covid-19 vaccine
will reach Malaysia on 26th of February 2021
3 more weeks to go !

◤新冠又一年◢首批辉瑞- BioNTech疫苗 料26日到!
https://www.chinapress.com.my/?p=2383630

halooo

464 posts

Posted by halooo > 2021-02-03 10:59 | Report Abuse

I see danger

djibaok

1,183 posts

Posted by djibaok > 2021-02-03 21:39 | Report Abuse

after CNY oni will up

NPRA1985

3,415 posts

Posted by NPRA1985 > 2021-02-03 22:12 |

Post removed.Why?

Posted by khatulistiwa1234 > 2021-02-04 14:03 | Report Abuse

Possible 10 cents GAP UP .

Posted by khatulistiwa1234 > 2021-02-04 14:04 | Report Abuse

HEARD < GROUP SYNDICATE ON REHEARSAL TO PULL HIGHER TODAY .

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-04 18:09 | Report Abuse

When go up price , kaitu will say good things on it coz he just bought , when price go down , kaitu will say bad things coz he just cut loss

Posted by khatulistiwa1234 > 2021-02-04 21:33 | Report Abuse

Sorry , i hold permanent .

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-05 14:10 | Report Abuse

That time say play contra , now say play permanent , funny oh you

Posted by Bennychua007 > 2021-02-08 14:58 | Report Abuse

Anybody here

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-08 17:06 | Report Abuse

Im still holding , waiting to the bottom onli average down

Posted by Bennychua007 > 2021-02-08 17:14 | Report Abuse

Today news free warrent like what announced before ...Any idea ? Please give some suggestions.thanks

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-08 17:35 | Report Abuse

Benny yea is announced before , but still pending shareholder voting , egm will be organised during march , n the right issue with free warrant will be decide during that time

Posted by Bennychua007 > 2021-02-08 17:58 | Report Abuse

Thanks Joyce lee,these few days volume very low ..Hope can see rebound soon ..hehe

Posted by raymondlct126 > 2021-02-08 20:46 | Report Abuse

Is it a right decision to take the right issue with warrant?

John1234

2,020 posts

Posted by John1234 > 2021-02-09 08:38 | Report Abuse

Pls read the circular thoroughly to understand the purpose of this right issue and evaluate if it meets your investment objective.

If you truly believe in the management's expertise and steel industry's longer-term outlook, the right issue can offer you a good chance to lower your cost of investment, plus the flexibility to convert the free warrant into more shares during the exercise period.

You must make your own investment decision.
-----------------------------------------------------------------------------------
raymondlct126 Is it a right decision to take the right issue with warrant?

John1234

2,020 posts

Posted by John1234 > 2021-02-09 12:41 | Report Abuse

There's a deliberate attempt to press down its share price by the operator. But 50 sen seems a good support currently.

Got to wait for its quarterly report out this month to assess how well the company performed last quarter, given rising steel prices....

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-09 20:44 | Report Abuse

John yea, i'm also waiting for the quarter report to see how the financial goes , last qr seems good , with loses turn into profit , but liquidity nid to be improved

John1234

2,020 posts

Posted by John1234 > 2021-02-09 21:00 | Report Abuse

Based on the current steel prices, we could expect another profitable quarter in the coming result release this month. Even Ann Joo's share price has spiked up so much recently, but this counter is lagging behind.

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-09 22:58 | Report Abuse

John previously this share goes hand in hand with lionind , but currently no much movement compare to lionind ,but is okay also if the price can be stabilised

LaoTzeAhSir

1,304 posts

Posted by LaoTzeAhSir > 2021-02-09 23:55 | Report Abuse

but look at Annjoo and Prestar

John1234

2,020 posts

Posted by John1234 > 2021-02-10 08:56 | Report Abuse

Joyce,
Ann Joo, Lion Industries, Masteel, Southern Steel, etc are all in the steel family, led by Ann Joo, the mkt leader. From the price actions of Ann Joo, steel theme is still intact.

Lion Industries, Masteel and the gang used to move along with Ann Joo in the same magnitude. But recently, there seemed to be some disconnect in the magnitude. I think the mkt operators have tweeted the trading algorithms.

John1234

2,020 posts

Posted by John1234 > 2021-02-10 09:28 | Report Abuse

The market operators are so smart. After collecting cheap in the last 2 days, push up strongly today...

newbie9893

2,366 posts

Posted by newbie9893 > 2021-02-10 14:11 | Report Abuse

steel sector is the only theme to play today..sapu kaw kaw

newbie9893

2,366 posts

Posted by newbie9893 > 2021-02-10 14:20 | Report Abuse

As demand increases, supply deminises, Steel Prices are Set to Rocket Up !

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-10 14:39 | Report Abuse

Newbie yea , today is steel theme, but seem like meet resistance , n kena press , is okay , time will reveal their value

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-10 14:44 | Report Abuse

John what do u think about lionind compare with masteel? Which one will u more prefer? Seem like masteel have more ground to grow , bt keep on being press

SIQ555

174 posts

Posted by SIQ555 > 2021-02-10 14:44 | Report Abuse

Among all the steel established counters, Masteel is one of the shiny stocks with cheap price.

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-10 14:49 | Report Abuse

SIQ555 yea , i agree with this , if FA compare with price , masteel , if TA ,lionind and annjoo movement better

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-10 14:49 | Report Abuse

Somemore have right issue , which we can purchase even cheaper, but eps may be diluted la

Posted by wallstreetrookie > 2021-02-10 15:44 | Report Abuse

Masteel so much selling resistance. Very insane

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-10 16:40 | Report Abuse

Steel stock always one day show alamak

John1234

2,020 posts

Posted by John1234 > 2021-02-10 18:02 | Report Abuse

Chartwise, Masteel has staged a comeback today on good trading volume from an "oversold" situation, moving up from its recent consolidation. Got to observe the next 1 or 2 days to see if this upward momentum continues.

Incidentally, Ann Joo has breached its recent high today, hopefully this will add some optimism to Masteel.

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-15 12:18 | Report Abuse

No energy

leemeng

44 posts

Posted by leemeng > 2021-02-16 08:22 | Report Abuse

CNY red packet good luck everybody

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-16 16:18 |

Post removed.Why?

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-16 17:00 | Report Abuse

Finally , tmr nid to break 0.61 , thn fly back to 70c

IvanC

669 posts

Posted by IvanC > 2021-02-16 22:55 | Report Abuse

had said earlier, hold until march sure Huat. Hope u guys not being wash out few days ago

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-17 10:23 | Report Abuse

Ivanc yea just hold and huat together

meadow1628

1,084 posts

Posted by meadow1628 > 2021-02-17 11:07 |

Post removed.Why?

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-17 11:37 | Report Abuse

Washing?

PARKER

829 posts

Posted by PARKER > 2021-02-17 12:06 | Report Abuse

Hold till much 1.0! After FR released

Joyce Lee

418 posts

Posted by Joyce Lee > 2021-02-17 12:38 | Report Abuse

Parker may i noe wat is FR?

highcube

67 posts

Posted by highcube > 2021-02-17 12:47 | Report Abuse

Financial report

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