Tuesday, October 20, 2009

MASTEEL 5098 UP

Masteel, one of my highly invested counter due to its strong fundamental.
Current Price: 0.945
Upd: As I writing this its standing at 1.00 (changed +5.82%)
Net Assets Per Share: 2.21
EPS: 48.17 Sen
P/E Ratio: 2.46
DY: 0.03
my TP: 1.50
Steel is just like O&G the demand will definitely increase together with the market recovery.

Other Steel counter
Kinsteel: BUY CP:0.96 TP:1.30 (Source: Maybank research)
Cscstel: BUY1.03 CP:1.23 TP:1.4-1.80 (Source:The Edge & many other bloggers)

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