GOOD ASSETS
MASTEEL 5098 Share Price
RM0.42
52 Weeks Range : 0.225 - 0.45
5.6/10 (Expert Score)
Product is rated as #82 in category BM Industrial Products & Services PROS:
- Very High Tangible-to-Price
- Very High Trading Value
CONS:
- No Dividend Declared
- High Debt Company
- High Gearing Ratio
klse: Malaysia Steel Works (KL) Bhd
Corporate Information
Board : Main
Shariah : Shariah Compliant
Sector : Steel
Address: 29C, Off Jalan Tandang, Section 51, Petaling Jaya, 46050, Selangor
Contact: +603-77811611
Website: https://www.masteel.com.my/
Corporate Background
Malaysia Steel Works (KL) Bhd Shs engages in manufacturing of steel bars and steel billets. The company also has an associate company which is a Bio Nexus certified company that manufactures radioisotopes which are used by hospitals for cancer imaging.
Specification: MASTEEL 5098
|
Result
Quarter Report History
| Date | Revenue,k | PBT,k | Net Profit,k |
|---|---|---|---|
| 29/11/22 | 437,221 | 3,502 | 2,979 |
| 25/08/22 | 437,144 | 3,619 | 1,203 |
| 26/05/22 | 457,356 | 17,378 | 13,209 |
| 25/02/22 | 463,869 | 6,976 | 12,037 |
| 24/11/21 | 322,950 | 3,431 | 2,685 |
| 28/09/21 | 353,135 | 15,011 | 9,391 |
| 27/05/21 | 439,737 | 12,970 | 8,390 |
| 25/02/21 | 372,754 | 12,073 | 8,215 |
| 20/11/20 | 417,492 | 6,038 | 3,765 |
| 28/08/20 | 195,626 | -29,254 | -22,531 |
| 12/06/20 | 397,640 | -4,837 | -4,172 |
| 21/02/20 | 349,855 | 2,255 | 688 |
Fundamental
Fundamental Analysis
| Last 4 Quarter Revenue (RM’000) | 1,795,590 |
|---|---|
| Last 4 Quarter Net Profit (RM’000) | 29,428 |
| Last 4 Quarter EPS (sen) | 4.34 |
| Last 4 Quarter PER | 9.69 |
| Last 4 Quarter Dividend (sen) | – |
| Last 4 Quarter Dividend Yield (%) | – |
| Net Tangible Assets (RM) | 1.24 |
| Goodwill (RM) | 0 |
| Cash (RM’000) | 64,750 |
| Debt (RM’000) | 447,100 |
| Total Debt (RM’000) | 911,450 |
| Net Assets (RM’000) | 861,560 |
| Current Ratio | 1.16 |
| Quick Ratio | 0.35 |
| Cash Ratio | 0.07 |
Technical
Technical Analysis
| MACD (26 vs 12) | 0.008 |
|---|---|
| Exponential Moving Average 5 | 0.399 |
| Exponential Moving Average 20 | 0.387 |
| Exponential Moving Average 90 | 0.346 |
| Relative Strength Index 14 | 0.58 |
| Stochastic %D 3 | 0.69 |
| Stochastic %K 14 | 0.58 |
15 reviews for MASTEEL 5098
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Over Optimistic
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BURSA MALAYSIA –
The Group’s revenue improved slightly to RM437.22 million mainly due to higher sales volume on the normalization of the steel prices as compared with the last quarter. The Group recorded a lower profit before tax of RM3.5 million as compared to profit before tax of RM3.62 million achieved in the immediate preceding quarter resulted from higher finance cost and stock impairment in the current quarter.
BURSA MALAYSIA –
The Group’s revenue decreased by RM20.21 million to RM437.14 million mainly due to lower sales volume as compared with the last quarter on the softening of construction activities during the Ramadhan and Hari Raya month. The Group recorded a lower profit before tax of RM3.62 million as compared to profit before tax of RM17.38 million achieved in the immediate preceding quarter resulted from the lower margin and higher foreign exchange loss in the current quarter.
BURSA MALAYSIA –
The Group’s revenue decreased by RM6.51 million to RM457.36 million, as compared to RM463.87 million in Q4 FYE2021. The decrease in revenue was mainly due to lower average selling price despite higher sales volume as compared to last quarter. The Group recorded a profit before tax of RM17.38 million as compared to profit before tax of RM6.97 million achieved in the immediate preceding quarter mainly due to lower operating expense and unrealized foreign exchange gain.
BURSA MALAYSIA –
The Group’s revenue for the current quarter recorded an increase of RM140.92 million to RM463.87 million mainly due to improvement in sales volume and higher selling price compared with last quarter as a results of an improved demand in the local steel industry. The Group recorded a profit before tax of RM6.97 million as compared to a profit before tax of RM3.43 million achieved in the immediate preceding quarter mainly due to higher selling price, improved sales tonnage and better margin.
BURSA MALAYSIA –
The Group recorded a profit before tax of RM3.43 million as compared to profit before tax of RM15.01 million achieved in the immediate preceding quarter mainly due to lower margin and higher operating expenses in the current quarter.
BURSA MALAYSIA –
The Group recorded a profit before tax of RM15.01 million as compared to profit before tax of RM12.97 million achieved in the immediate preceding quarter mainly due to higher selling price and better margin in the current quarter.
BURSA MALAYSIA –
The Group recorded a profit before tax of RM12.97 million as compared to profit before tax of RM12.07 million achieved in the immediate preceding quarter mainly due to higher selling price and better margin from cost savings measures undertaken in the current quarter.
The Star –
Steel-related counters on Bursa Malaysia began the week with further big gains after the government announced the second round of anti-dumping duties on foreign steel products in less than a week. A quick check on the stock exchange’s list of most active counters showed that many steel players appeared among the top 30 stocks. Yesterday, Malaysia Steel Works (KL) Bhd jumped 34.58% to 72 sen, its highest in over two years
The Star –
Shares of steel companies on Bursa Malaysia rose in early trade Thursday after the Government imposed anti-dumping duties on flat-rolled steel from China, South korea and Vietnam. Companies such as Hiap Teck Venture Bhd, Malaysia Steel Works (KL) Bhd and Lion Industries Corp Bhd are among the most actively traded counters on Bursa Malaysia. Hiap Teck was unchanged at 46.5 sen with over 20 million shares traded. Masteel added 3.85%, or two sen to 54 sen and Lion Industries fell 0.79%, or 0.5 sen to 63 sen. The duties came into effect on Dec. 12 and will be imposed until Dec. 11, 2025.
BURSA MALAYSIA –
The Group’s revenue recorded an increase of RM221.87 million to RM417.49 million mainly due to higher selling price and sales volume as compared with last quarter as a result from the improvement on the demand of the steel products due to the strong rebound of the international and local steel market. The Group recorded a profit before tax of RM6.04 million as compared to a loss before tax of RM29.25 million incurred in the immediate preceding quarter
BURSA MALAYSIA –
The Group’s revenue for the current quarter recorded a decrease of RM202.01 million to RM195.63 million mainly due to lower selling price and lower sales volume as compared with the last quarter as a consequence of the negative impact of economic disruptions resulting from the MCO. The Group recorded a loss before tax of RM29.25 million as compared to loss before tax of RM4.84 million achieved in the preceding quarter mainly due to lower margin and higher operating expenses.
REMUNERATION STUDY –
In Financial Year End 2019, the directors’ remuneration was 2.72 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 44.9 million and auditor’s remuneration of 147 thousands
BURSA MALAYSIA –
The Group’s revenue for the current quarter recorded an increase of RM47.79 million to RM397.64 million mainly due to higher selling price and sales volume as compared with last quarter. The Group recorded an improvement in the core profit of RM5.19 million as compared to RM0.71 million achieved in the immediate preceding quarter mainly from lower operating expenses.
BURSA MALAYSIA –
The Group’s revenue for the current quarter recorded an increase of RM79.30 million to RM349.85 million mainly due to higher sales volume. The Group recorded an improved profit before tax of RM2.25 million as compared to profit before tax of RM2.10 million in preceding quarter due to higher sales volume and higher unrealized foreign exchange gain.
Investing Malaysia –
Average investing volume for Malaysia Steel Works (KL) Bhd in the past three months in stock market was 4350.9k lots
Investing Malaysia –
MASTEEL gets a score of 27.16 in our equity and assets quality test based on current share price of RM0.395
Investing Malaysia –
Malaysia Steel Works (KL) Bhd gets a score of 9.48 in our stability test after the balance sheet, money statement study
Investing Malaysia –
Stock code of 5098 in Bursa Malaysia did not propose any dividend for the past few years
Investing Malaysia –
MASTEEL is forecasted to made loss of 0.19 millions, with an adjusted market capitalization of 169.12 millions
REMUNERATION STUDY –
In Financial Year End 2018, the directors’ remuneration was 3.42 million. It was slightly high compared to average in listed companies, considering the employees’ remuneration of 47.6 million and auditor’s remuneration of 147 thousands