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Koon Yew Yin's Blog

Author: Koon Yew Yin   |   Latest post: Wed, 27 Oct 2021, 9:06 AM

 

Hiap Teck’s big player depressing the price - Koon Yew Yin

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As we all know, there are two sides to the coin. One is head and the other is tail. But in investment in the stock market, there are more than just two sides to a prospective stock. Every investor has their own opinion of a prospective stock. Each investor’s point of view is affected by their beliefs and life experience. Nevertheless, investors should always buy or sell based on investment logic.

Since the steel price has been going up higher and higher because China has stopped exporting steel, Hiap Teck being a steel producer and a steel product manufacturer, it should continue to report increasing profit. Based on investment logic, Hiap Teck share price should be going up continuously because its latest quarter EPS was 4.79 sen and its previous quarter EPS was only 2.21 sen. It has doubled its profit. Its next quarter ending July should be another record profit which should be announced before the end of September. From my long experience, all companies with similar profit record their share price should be shooting up. But why Hiap Teck has been moving so sluggishly sideway?

There is always a big player pressing down the share price. I notice that someone often places a few million shares to sell. If he is seriously wanting to sell, why   should he place such a big block to discourage buyers. Moreover, at the close of trading every day, someone would place a big block to sell at a cheaper price to depress the share price.

At the close of trading yesterday, a big buyer bought about 2 million shares and he was still queuing to buy some more shares. Why is he wanting to buy so much shares? This can only indicate that he knows Hiap Teck will announce better profit in the next few days. His action yesterday at the close of trading reconfirms my suspicion of his trading technique to depress the share price to buy more shares.

I am emboldened to buy some more Hiap Teck shares today.  

Mr Ooi Teck Bee named Hiap Teck Miss Universe stock in his weekly circular.     

 

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Labels: HIAPTEK

Related Stocks

Chart Stock Name Last Change Volume 
HIAPTEK 0.57 -0.08 (12.31%) 131,279,600 

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HonestInvestor33 Mr Koon are you not ashamed to use Ooi Teik Bee,s good name at the end of your report.
Are you trying to create a perception to the public that OTB is hand in hand with you in your NEFARIOUS and LAYMAN TALK.

Your macai qqq3333 should be helping you to bark.
However Mr Koon your name stinks to high heaven as ''bikin bukan serupa cakap''.
24/09/2021 11:57 AM
UnicornP I support Mr. Koon to continue the fight!
24/09/2021 1:46 PM
TOP WIN 我本人 看来看去 还是觉得 ( HIAPTEK ) 是最貴的钢铁股 。股量也是最多的 。为何那些師博会讲便宜 。??
24/09/2021 2:20 PM
TOP WIN ( HIAPTEK ) Analysis of Shareholdings as at 15 October, 2004 。 股量 327,400,000
24/09/2021 2:28 PM
TOP WIN 钢铁 四大天王 里都没有 ( HIAPTEK )
24/09/2021 2:32 PM
emsvsi Dear Mr Koon Yew Yin,

In the end, the purpose of Investing is to grow your wealth and portfolio

If you follow the herd and fall into the 90% of retailers, you will lose money. In order to go one up on wall street, you need to do the opposite. You need to stay one step ahead of the market

And everywhere you go, the world is reopening, and everywhere you look you see people. Life must go on

And so, recovery stocks like Genting which is a direct beneficiary will stand to benefit the most and qualifies as a no-brainer. It can only and will only, get better from here. When you are at the bottom, the only way is up

It is our sincere hope that all investors are able to do the right thing, so that you don't have to suffer the anguish and pain of further losses

So you can enjoy peace of mind and prosperity

Genting (3182) to the skies and beyond

Sincerely,
emsvsi
24/09/2021 2:37 PM
nakata I'm second on Mr.Koon's suspicion, the steel will going to bull cycle again, big boy is taking advantage of EverGrande incident, try pressing the steel price to collect more before quarter report season
24/09/2021 4:28 PM
Zuriana Kyy banyak cakap lah.
24/09/2021 4:44 PM
Zuriana Steel can’t go up, Kyy blamed big players.
Kyy sendiri cakap last few weeks, he was confident steel stocks could go up.
Now steel stocks can’t go up, Kyy finds someone to blame.
Be more mature lah. Eat what you said last few weeks lah.
24/09/2021 4:48 PM
beinvested God created the human beings. He is the Lord for everyone inclusive the Gentiles.

Moses asked Hashem to show His face but God said "no person can see me and stay alive". When on the way to the grave in which the body is already motionless, the soul is returning to God, the soul will bow down to Hashem and will see the light of God.
24/09/2021 6:06 PM
beinvested Should tell in the crowd and in the midst of your children how God has been so kind to you..

With a broken heart, cry/scream to Him, praise Him and not to be ungrateful, count on Him for your salvation..
24/09/2021 6:11 PM
stockwin Mr Koon, You know why Hiap TEck cannot go up? Because on 26.7.2021 you said this:-
"Investors with some common sense should know that Hiap Teck will surely report reduced profit in the next few quarters.
https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-26-story-h156...

Therefore all your followers believe you that qtr 31.7.2021 result will be bad. They have common sense, that why they did not buy.That is why the price cannot move up.

Like you said before, with the MCO, the 2 full months in June and July resulted in their plants in Klang to nearly full shut down. Perhaps the Eastern Steel plant in trengganu can still operate to full capacity??
Hence the qtr 31.7.2021 result will not be good. That is my assumption with guidance articles from you earlier.

There is another thing Mr Koon, OTB has said he wants to stay far far from you, so its not professional to use his name here.He might not like it!

If you are "emboldened to buy some more Hiap Teck shares" , good for you and good luck. May be if you are patience by sept 2022 it might hit RM1.10. I believe so anyway. :)
24/09/2021 6:33 PM
SpeedNpower I don't think u should use OTB name Mr kon
24/09/2021 7:25 PM
gohkimhock using others' names to further one's agenda is a very low class tactic..
24/09/2021 7:42 PM
i3lurker its confession time

someone confessed to be a very very small teeny weeny player?

maybe buying odd lots?
24/09/2021 7:44 PM
Investing_Bursa The old man is shameless
24/09/2021 7:54 PM
Zuriana Hiap Teck’s big player depressing the price - Koon Yew Yin
Title suggests someone is too small player here. So become CryBaby lah
24/09/2021 9:28 PM
tarrytng94 In MMSV(0113) case, I thought the big players also depressed the share price from 11th - 24th Aug, just before the earnings announcement was released on 25th Aug with flying colors. The best part was, it skyrocketed from 2nd -7th Sep. So, I think Patience is the key here.
24/09/2021 9:29 PM
whpang KYY is selling as price push up by retailers.
24/09/2021 9:40 PM
LaoTzeAhSir Stop linking yourself with OTB, you have betrayed him.
24/09/2021 9:51 PM
abang_misai Koon, Apa khabar?
25/09/2021 7:59 PM
kelvin61 Geezer used to be a big timer but no more. He is reduced to be a complainant only. So now you know that he has limited funds to speculate the market. In the days to come, I think he will face more failures to meet his KARMA.
25/09/2021 8:35 PM
SongYau9 Steel already start downtrend lo
26/09/2021 12:03 PM


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