Leon Fuat price is Rm 1.00 and its latest EPS was 11.65 sen
Astino price is Rm 1.32 and its latest EPS was 8.46 sen
Prestar price is Rm 1.09 and its latest EPS was 9.45 sen
Hiap Teck price 52.5 sen and its latest EPS was 4.79 sen
All Steel Companies will report better profit
Currently China is the 2nd richest nation and very soon China will be the richest nation in the world. China has been using coal to produce steel and it has been the largest steel producer and exporter in the world. China is now taking its social responsibility seriously to improve its air quality and its environment. China has stopped steel export. As a result, steel price has risen about 50% in the last 12 months as shown on the chart below.
All the steel companies have reported much better profit in their latest quarter. Since steel price is rising, all the steel companies will continue to report increasing profit in the next few quarters.
A few days ago, Astino reported its EPS jumped from 6.43 sen to 8.46 sen for quarter ending April 2021. As a result, its share price also shot up to close at Rm 1.40 per share.
Based on Astino’s profit growth, all the other steel companies will surely report increased profit for their next quarter ending June 2021.
Chart | Stock Name | Last | Change | Volume |
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Created by Koon Yew Yin | Jul 22, 2024
Recently one smart accountant pointed out to me that KP Property has millions of Redeemable Convertible Preference Shares (RCPS). This will affect its share price. I sold all my KPP shares to buy KSL.
Created by Koon Yew Yin | Jul 15, 2024
Currently Bahasa Melayu is taught in all Government sponsored schools. Bahasa Melayu is only good within Malaysia. All our overseas customers do not know Bahasa Melayu. I hope all our politicians...
Created by Koon Yew Yin | Jul 09, 2024
Created by Koon Yew Yin | Jun 28, 2024
Real Sifu PureBULL, not like pump and dump old fox uncle. Who believe old fox uncle better play at Genting Highlands lah than to get fooled by old fox uncle here. Lol
PureBULL ... HOW MKT WORKS SERIES
stock investing is like doing good happening biz.
only stocks with great biz model for the entire world mkt currently will do well.
Read newspaper to catch the theme.play early, like glove.theme stocks in March 2020.
as cyclical investors, we use skills of talent scout to seek n find the top scorers of the mkt.
only with these chosen stocks by FF, we can CAGR 20 to 50% per cycle.
nice to know we have 2 to 4 cycles p.a.
2 classes of stocks
i. Pure FA stocks with increasing QR PAT
a. 1st class FA stocks ( 60% of total portfolio )
funds esply FF must play stocks every cycle. Select stocks chosen for MSCI indexes n stocks with mkt cap > rm1.5 billion
go with pure FA stocks that FF will go for, i.e. stocks PAT > $60 million min p.a n growing..
FF will make it the happening purebull... with lasting high stock prices for everyone to sell well.
b. 2nd class FA stocks ( 20% of total portfolio )
these r smaller co played n price controlled by 2 to 4 local funds.
xtra care needed, when stock prices peaked, the selldown is madness bcos these funds r expert in selling.
ii. play with PnD SYNDICATED stocks ( 20% or less of total portfolio )
usually those failed stocks with huge losses will fly high n super fast bcos the owners n syndicates can only rob big money from retail players.
sympathy stocks to major stocks in theme.play, with no trend of increasing QR PAT r dicey too.
play for a fast game n avoid them if u miss. the ending of PnD stocks r very swift n ugly.
Position well n fully at the new beginning of each new cycle.
if right, hold for the entire cycle n then harvest at right.timing.
never overstay!
Attempt to catch n harvest 1 cycle perfectly, then u know how to repeat n duplicate the same methodology to next cycle..
07/07/2021 5:59 AM
2021-07-07 09:10
Buy Chuan better than buy Leon Fuat. Check the Balance Sheet figures yourself. Figures are there for Koon Yew Yin to see.
2021-07-08 12:21
KYY will one day tell you other stock when you already bought a lot, then will tell you Leonfb is not worth for now due to blablabla reasons.
2021-07-11 09:45
if you all want to follow him to buy, please never ever scold him.
This is the consequences you want to follow. Earn or loss, you decide your money.
2021-07-11 09:46
After reading Uncle's article, it is good to read the following article.
https://www.facebook.com/1238461152861295/posts/6052893511418011/
2021-07-15 16:44
Yu_and_Mee
it's a GOODBYE, not a GOOD BUY
2021-07-06 20:23