Mr Ooi Teck Bee and I have the same objective for posting articles to help investors and ourselves make more money from the stock market. Mr Ooi has about 1,000 subscribers for his weekly stock recommendations. As a result, his words are very powerful. Last week he recommended AYS and the price shot up 17 sen from 38 sen to 55 sen as shown on the chart below.
Hiap Teck share price has been fluctuating within 60 sen and 49 sen in the last 3 months as shown on the chart below. Its latest EPS was 4.79 sen for the quarter ending April and its ESP for its previous quarter ending January was only 2.21 sen, an increase of more than 200%.
Miss Universe Hiap Teck:
Just 2 days ago, Mr Ooi circulated his weekly buy recommendation for Hiap Teck, naming it Miss Universe Hiap Teck. With Mr Ooi’s strong buy recommendation, Hiap Teck will shoot up like a rocket next week.
Why Hiap Teck is different?
Hiap Teck is mining iron ore to produce steel and steel products which is very different from Leon Faut, Choo Bee, Prestar, Astino, Leader Steel, Mycron, Tashin etc. All these steel companies do not produce steel. They have to buy steel from Hiap Teck to make steel products for sale. They also buy steel from Hiap Teck to sell as traders.
Hiap Teck’s steel products as shown above. Hiap Teck has 55% JV with Eastern Steel blast furnace in Kemaman, Terengganu as shown below.
Why steel price has gone up more than 300% in the last 12 months?
China has been the biggest steel producer and exporter in the world. Since China wants to improve its air quality and environment, it has stopped exporting steel. As a result, the price of steel has shot up more than 300% in the last 1 year as shown on the chart below.
As I mentioned earlier, Hiap Teck reposted ESP 4.79 sen for its quarter ending April and EPS 2.21 sen in its previous quarter ending Jan 2021. Its profit has more than doubled from its previous quarter. Based on the fact that steel price has been shooting up so rapidly, Hiap Teck’s profit for its next quarter ending July should be another new record high. Its next quarter result will be announced before the end of September.
All investors should have the foresight to imagine what should be Hiap Teck’s next quarter result. Currently Hiap Teck is so much undervalued.
Chart | Stock Name | Last | Change | Volume |
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Miss universe? Better said old shark kyy on the hunt to catch pray. So old redy some more want con ppl? Money can't take down kyy shit
2021-08-30 00:42
Miss universe? Better said old shark kyy on the hunt to catch pray. So old redy some more want con ppl? Money can't take down kyy shit
2021-08-30 00:43
Mco factory close le. Next q management hinted TOUGH. I guess 9months profit to cover inventory stock value loss and operating loss.
SO, CONTINUE TO SHOOT UPWARD OR DOWNWARD??????
2021-08-30 01:08
Where is the last KYY which against this KYY? Hiaptek will loss money during last MCO???
2021-08-30 01:09
Where is the last KYY which against this KYY? Hiaptek will loss money during last MCO???
2021-08-30 01:09
since when hiap teck mine iron ore? and since when the other steel companies you mentioned don't produce their own steel? uncle almost 90 years old still want to tell lies and mislead others? get a better life and don't be a gay boy haha.
2021-08-30 08:54
Uncle KYY, did you get permission from OTB to use his name here??
I understand OTB said he want to stay FAR FAR from you.
Now both of you are good friends? OMG. I am confused !!!
Do not forget -- a month ago KYY said
"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...
2021-08-30 09:15
Dear Mr Koon Yew Yin,
As you can see, Genting (3182) is rising. And the reason is simple - markets are forward looking. Do not be too late to the greatest supercycle superbull run in the history of the KLCI.
It is clear with the Shanghai steel price coming down and well off the peak, that the recovery for the steel sector is not coming and may be in jeopardy
What is for sure to recover is the numbawan top pick Shure win stock of 2021 the Year of the Golden Ox Genting (3182). One only needs to look at the roads and the malls to know that the Recovery is inevitable. Mankind has, and will, forever prevail
From the bottom of my heart, I hope you will make the right decision instead of being once again too late to the party and massive growth of Genting and stuck with massive losses as you have kindly shared with all of us
Sincerely,
EMSVSI
2021-08-30 09:32
To quote a line from this dubious attempt of a stock recommendation...."Its latest EPS was 4.79 sen for the quarter ending April and its ESP for its previous quarter ending January was only 2.21 sen, an increase of more than 200%. "
200% increase in profit? We obviously went to different schools :)
2021-08-30 11:20
citadel, its actually not him posting these articles. he has an investment office called kyy capital and he hires a few staff to meet companies and write all these rubbish. very young staff, i've met some of them before. won't be nice to disclose identities but if they continue trying to cheat the public, i may do that.
2021-08-30 11:49
the way they are cheating and misleading the public is getting worse and worse.
2021-08-30 11:50
I need to clarify here.
I have no relationship with Mr Koon, I will stay away from him.
Please do not group me with him.
I will focus on my group and I will not post any article here.
I post my article on Hiaptek in I3 because Mr Koon attacked me.
My subscribers wanted me to clarify it.
----------------------
https://klse.i3investor.com/blogs/OoiTeikBee/2021-07-17-story-h1568038...
The above article is written by me with facts and figures.
Anyone can challenge me if the above article is not written with facts and figures.
I invest in this stock as a long term investment.
I do not care about short term price fluctuation, I will hold this stock until September 2022 to win big.
The downside risk is small and huge upside if foreign funds or local institutional funds are buying.
The share price will increase slowly because the paid up capital is big.
Thank you.
2021-08-30 12:07
uncle K, sell your hiaptaik, take the profit from it. Walk away from this fellow. There are so many other stocks you can buy.
2021-08-30 12:13
Hiaptek JV Eastern Steel scaling up to 1.5m MT in 2022 meets LionInd restarting 3.92m MT by Feb2022. High noon....
https://www.theedgemarkets.com/article/lion-industries-refurbishes-plant-banting
Lion Industries refurbishes plant in Banting
Tan Siew Mung / theedgemarkets.com
August 18, 2021 18:13 pm +08
Lion Industries refurbishes plant in Banting
KUALA LUMPUR (Aug 18): Lion Industries Corp Bhd said today its hot rolled coil (HRC) plant in Banting, Selangor is undergoing repair and refurbishment.
The plant, which has a rated annual capacity of 3.2 million tonnes of HRC, is expected to be ready to commence production in December, ramping up to full production by February 2022, the group said in a statement.
HRC is used to produce a wide range of steel products such as highway guardrails, water pipes, high pressure vessels and gas cylinders, vehicle chassis and parts, and is also used to produce cold rolled coils.
Lion Industries is also undertaking modification work at its steel plant in Pasir Gudang, Johor which produces billets, and steel bars and sections.
The plant is targeted to commence production early next year, in January or February.
It has a rated annual capacity of 720,000 tonnes for production of billets, bars and sections which are used in the construction and downstream manufacturing industries.
Lion Industries said its steel operations will continue to support the local downstream manufacturers through its supply of both flat and long steel products that are required for the country’s industrialisation programme.
The group, in its statement, stressed that the steel industry is deemed a strategic industry by the government as it supplies essential raw materials to a host of industries, thus deepening and widening the manufacturing base.
Lion Industries’ share price closed 0.5 sen or 0.89% lower at 55.5 sen, valuing the group at RM402.02 million.
2021-08-30 12:25
Can KYY enlightened us on the following posting? TQ
Steel stocks: get out and do not get trapped
https://klse.i3investor.com/blogs/shareseatreasure/2021-08-30-story-h1570631295-Steel_stocks_get_out_and_do_not_get_trapped.jsp
2021-08-30 16:45
CON yew Yin issuing an indirect sell call liao. Gullible and greedy ones will chase and KYY will dump to them
2021-08-30 16:50
Wdf is this uncle...Tat day asked people to dump steel industries because of MCO, now asked people to buy....
2021-08-30 16:54
Luckily i didnt cut loss all my holding for steel industry. Now back to my cost and earned some
2021-08-30 16:58
Today said great profit prospect, won't surprise tomorrow said always follow chart and sold all....this was him...the super investor
2021-08-30 18:51
https://klse.i3investor.com/blogs/shareseatreasure/2021-08-30-story-h1570631295-Steel_stocks_get_out_and_do_not_get_trapped.jsp
Read this article to know the whole truth about chart cropping intentionally to show just the upside part and left out the downside parts by copy and paste the website at the bottom of the article... into your browser.
Please Don’t be a fool forever and ever.
2021-08-31 08:42
If someone doesn't pay their debt, along macai will harass him kawkaw and throw red paint. If KYY is really a cheat and made u lose money, why no one go after him and play along to him in Ipoh. Conclusion: KYY is not a cheat.
Hahaha. 为什么这么荒唐。
2021-08-31 09:48
All investors should have the foresight to imagine what should be Hiap Teck’s next quarter result. Currently Hiap Teck is so much undervalued.
Why blame KYY ? Read the above information ! Invest or not is your money in your pocket.
2021-08-31 10:40
also the man who called to avoid steels like no tomorrow. con you win. shame on you. senile and cunning fox
2021-08-31 15:10
Hiap Teck got good connection with China steel manufacture like Ann Joo. Most of their production capacity are export to China. Their Q result will be as good as last Q. From tomorrow onward Hiap Teck will be heading to the North. Best of luck.
2021-08-31 15:33
There are so many undervalued stocks in the market Now. . Do your Own homework And you Will Reap Big rewards by buying good recovery stocks.
2021-08-31 18:31
I don't read his article, if u listen to his advice to sell all steel counters at rock bottom price due to mco earlier, you will lose out. At the same time Mr OTB did advised to hold on this counter base on it's good fundamental and prospect.There is no direction of his investment but use his articles to get more buying support to push up the price, newbies be careful not to chase high, he could be waiting to sell to u!
2021-09-01 14:02
Now I know Kyy is not Otb good friend already. KYY getting older but still very egotistical like our Tun Ma?
2021-09-06 14:22
kelvin61
Can't make money on his own. Now trying to ride on OTB. Disgraceful arrogant trader.
2021-08-30 00:10