MALAYSIA STEEL WORKS (KL)BHD

KLSE (MYR): MASTEEL (5098)

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Last Price

0.31

Today's Change

+0.005 (1.64%)

Day's Change

0.305 - 0.31

Trading Volume

644,000


18 people like this.

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

Icon 888

2,301 posts

Posted by Icon 888 > 2023-07-24 15:05 | Report Abuse

Dreaming la

Posted by Carson1499 > 2023-07-24 23:54 | Report Abuse

Mrt 3 and hsr will soon be awarded

djibaok

1,183 posts

Posted by djibaok > 2023-07-25 00:26 | Report Abuse

this is pn stock. please refer

LalisaFang

230 posts

Posted by LalisaFang > 2023-07-25 15:20 | Report Abuse

Still think it's dreaming for Steel industry to perform, Icon 888? Masteel is moving up gradually alrdy lor

Posted by Carson1499 > 2023-07-25 22:31 | Report Abuse

Wish you are right, and any basis to count on

LalisaFang

230 posts

Posted by LalisaFang > 2023-07-26 12:20 | Report Abuse

resumption of HSR project is one of the catalysts

Posted by Silentreader88 > 2023-08-10 17:18 | Report Abuse

Hi masteel, woken up today? :) stoch oversold , property and construction had climbed up past weeks, so this steel will definitely will go up. Those who still wanna throw at low and oversold, better put money in ASB lor 😁haha

Posted by Silentreader88 > 2023-08-15 18:19 | Report Abuse

As I said 5 days ago, today fly up. next reneu*o? :)

Posted by francistan > 2023-08-15 19:02 | Report Abuse

Been waiting for months, hoping a bullish trend would start.

djibaok

1,183 posts

Posted by djibaok > 2023-08-15 21:00 | Report Abuse

any news regarding takeover?

speakup

27,028 posts

Posted by speakup > 2023-08-15 21:28 | Report Abuse

there is no takeover, just rumours to goreng up the share

Posted by Francis Tan > 2023-08-16 10:29 | Report Abuse

The price need to break through 0.450 to be considered a bullish trend.

newbie9893

2,366 posts

Posted by newbie9893 > 2023-08-21 14:24 | Report Abuse

Steel counters will be next theme to play, buy call

Blue Tulip

263 posts

Posted by Blue Tulip > 2023-08-30 18:43 | Report Abuse

Prospects
The Construction Index of Bursa Malaysia had rallied by over 11% since the start of 2023,
resulting it as one of the best performers in this year. Stocks of major builders such as WCT
Holdings Berhad, Gamuda Berhad and Sunway Construction Group Berhad had also rallied by
132%, 16.4% and 11.3% respectively.

In last month alone, the index had risen by over 3%. This underscores the Company’s expectation
of a faster pace in the roll out of many major infrastructure projects such as the RM45 billion
MRT 3, RM32 billion Penang Transport Master Plan and the disbursement of the RM97 billion
gross development expenditure budgeted under Budget 2023 in the coming few quarters.
The current environment of low margin on the sales of steel bars is not expected to persist for too
long.
5
Meanwhile, the Company is making a major investment to improve its competitiveness whilst
continuing its mission to decarbonize and maintain its lead as the lowest emitter of Green House
Gases for Scope 1 amongst all steel mills in Malaysia.
The Company expects improvement of its earnings in the quarters ahead.

----------------------------------------------------------------------------------

OK, I will hold it for another 3 months.

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-03 09:23 | Report Abuse

October TP- RM 0.5
December TP RM 0.8

Undervalue

speakup

27,028 posts

Posted by speakup > 2023-09-03 12:22 | Report Abuse

In Casino De Bursa EVERYTHING is undervalued. EVERYTHING!

Posted by FlashParadox > 2023-09-04 09:32 | Report Abuse

Catch the rebound sign of steel industry 🙂

stncws

10,711 posts

Posted by stncws > 2023-09-04 16:46 | Report Abuse

please follow masteel

Posted by EngineeringProfit > 2023-09-04 16:50 | Report Abuse

Yes, I am back. I love IRONman

damnguy

139 posts

Posted by damnguy > 2023-09-04 17:06 | Report Abuse

man of steel , fly high

stncws

10,711 posts

Posted by stncws > 2023-09-05 09:26 | Report Abuse

check back this afternoon.

Chellons

110 posts

Posted by Chellons > 2023-09-08 12:17 | Report Abuse

will steel boost end of the year

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-10 16:34 | Report Abuse

Oct - TP 0.5

Bull13

1,100 posts

Posted by Bull13 > 2023-09-10 23:16 | Report Abuse

This article first appeared in The Edge Malaysia Weekly on December 5, 2022 - December 11, 2022
STEEL bar manufacturer Malaysia Steel Works (KL) Bhd (Masteel), whose stock price has jumped 60% over the past month, is said to be a takeover target of a Bursa Malaysia-listed integrated builder conglomerate, according to market sources.
“A locally listed building materials distributor, which has been actively acquiring companies and businesses in recent years, is now eyeing Masteel as its next target,” a source tells The Edge.

Bull13

1,100 posts

Posted by Bull13 > 2023-09-10 23:17 | Report Abuse

Masteel..another takeover bid as KNM?

Bull13

1,100 posts

Posted by Bull13 > 2023-09-10 23:19 | Report Abuse

NTA 1.27 grossly undervalued

speakup

27,028 posts

Posted by speakup > 2023-09-11 07:41 | Report Abuse

Repost Dec 2022 news? Sekarang dah Sep 2023!

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-17 20:43 | Report Abuse

More and more Mega Project will be announced by government soon....

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-18 09:48 | Report Abuse

HSR project will be announce soon.... KL to Thailand HSR will be consider soon .....Gov mega project ..... within 3 months will be construction and steel play...

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-18 09:48 | Report Abuse

This one is super undervalue...

Icon 888

2,301 posts

Posted by Icon 888 > 2023-09-19 23:39 | Report Abuse

Best of The Best

speakup

27,028 posts

Posted by speakup > 2023-09-20 07:47 | Report Abuse

https://focusmalaysia.my/malaysia-slips-three-rungs-to-56-out-of-165-jurisdictions-in-the-economic-freedom-of-the-world-annual-report/
if PN was govt, everybody will be screaming at this bad news. But with PMX, semua silent je.

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-21 01:01 | Report Abuse

who care about PM or Am ???? TP RM 1 for this counter within 1 year.

djibaok

1,183 posts

Posted by djibaok > 2023-09-25 19:15 | Report Abuse

steel rally for budget 2024

Ediee Tan

13 posts

Posted by Ediee Tan > 2023-09-25 20:08 | Report Abuse

majority steel company tomorrow continue fly..huat2..

Mini2021

1,469 posts

Posted by Mini2021 > 2023-09-26 09:49 | Report Abuse

I target this counter can go to RM 1.....max rm 1.5-2

WiraBoleh

195 posts

Posted by WiraBoleh > 2023-09-26 12:11 | Report Abuse

Tahun depan mungkin boleh naik sampai harga tu..

Icon 888

2,301 posts

Posted by Icon 888 > 2023-10-04 11:57 | Report Abuse

Down

WiraBoleh

195 posts

Posted by WiraBoleh > 2023-10-11 17:05 | Report Abuse

naik balik slepas bajet 2024?

fregend

584 posts

Posted by fregend > 2023-10-12 14:58 | Report Abuse

steel have some room to go been consolidating for long

WiraBoleh

195 posts

Posted by WiraBoleh > 2023-10-18 17:10 | Report Abuse

Tahun 2024 ade byk chance utk steel

stncws

10,711 posts

Posted by stncws > 2023-11-15 12:31 | Report Abuse

monitor slowly , mycron moves morning, after noon, lion, masteel... year end steel demand

stncws

10,711 posts

stncws

10,711 posts

Posted by stncws > 2023-11-16 09:10 | Report Abuse

got movement, see closely

WiraBoleh

195 posts

Posted by WiraBoleh > 2023-11-16 19:25 | Report Abuse

ya, ade moratorium pd industri ni

monetary

4,447 posts

Posted by monetary > 2023-11-17 11:44 | Report Abuse

Masteel better than anjoo & Lion. So many consecutive profitable qr.

monetary

4,447 posts

Posted by monetary > 2023-11-21 11:59 | Report Abuse

No volume?

stncws

10,711 posts

Posted by stncws > 2023-11-22 12:00 | Report Abuse

follow hiaptek.

djibaok

1,183 posts

Posted by djibaok > 2023-11-24 20:11 | Report Abuse

kasi angkat masok dalam itu lobang

stncws

10,711 posts

Posted by stncws > 2023-12-08 12:03 | Report Abuse

33.5 oledi....good move...rebound .2024 ....klci 1600

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