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Overview
Financial Highlight
Headlines
Business Background Hiap Teck Venture Bhd is engaged in investment and property holdings, and the provision of management services. Its segment includes Trading, Manufacturing, Property and investment, Transportation, and Mining exploration. The Trading segment involves operating as an importer, exporter and general dealer of steel products, hardware, and building materials. The Manufacturing segment involves in manufacturing, renting and distributing of steel pipes, and other steel products. The Property and Investment segment is engaged in renting out property and investment holding. The Transportation segment includes a provision of transportation of goods by lorries and the mining exploration segment consist of exploring, contracting and activities related to the mining, processing, and sale of iron ore.
  BeyondMax Wow reversal of impairment? Means no impairment required? Means they are doing good! Hope this is the bottom! It’s time 29/09/2019 8:02 PM Kevin Tam Newway is correct , operating income is much higher than corresponding quarter of last year n reversal of impairment loss of Joint venture had made JV to have profit before tax of Rm18 million... The latest quarter result looks good... 29/09/2019 11:36 PM newway @Kevin Tam The reversal of impairment loss at JV Eastern Steel shows that the plant operations has improved.Typically a blast furnace plant may take up to 15 months to sort out the teething problems. Can expect more reversal of impairment loss in the next quarter result 30/09/2019 10:15 AM cicakman Current price still cheap and good price for entry and hold for midterm. 01/10/2019 8:12 AM Jovan Agreed with @newway that will have more reversal of impairment loss in next quarter result. Meanwhile, there might also new contract to be awarded since they are in discussion with government project as mentioned in financial report. 02/10/2019 4:21 PM marvin95 Huge loss with this stock. Really need more and more patient for this stock. Hope god bless this stock haha 09/10/2019 7:35 PM marvin95 Just really hope ECRL project can continue and push up the steel price and the demand. 12/10/2019 7:30 PM Jovan since a few projects have been resumed, steel price shall be pushed up right? 14/10/2019 11:11 AM Kevin Tam After the good last quarter result , how come from 21 cents drop back to 19 cents ? Strange .. 21/10/2019 10:26 PM cicakman Isihhhhman...drop 2 cts also worried verynmuch. Nothing strange,some counters no head and tails just news , very up fast is much more strange. 22/10/2019 5:48 PM thesteward I found this article for you: - https://www.investing.com/news/stock-market-news/chinas-semifinished-steel-imports-surge-on-scrap-ban-2002018 23/10/2019 11:13 PM  |
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