Koon Yew Yin's Blog
Steel stocks comparison - Koon Yew Yin (Updated)
Koon Yew Yin
Publish date: Fri, 10 Sep 2021, 02:32 PM
Koon Yew Yin
0 1,448
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
Important to point out that all steel stocks except Hiap Teck reported their results for quarter ending June. Hiap Teck reported its result for quarter ending April. It will announce its result for quarter ending July before end of September which should another record profit.
Among all the stock selection criteria such as NTA, cash flow, balance sheet, debt, cash rich, EPS etc the most important consideration is profit growth prospect. Only profit growth can push up the share price. For example, almost all the property development companies are selling below their NTA but their share prices continue to drop because they do not have profit growth. Always there are more sellers than buyers.
Profit growth is the most powerful catalyst to push up share price.
Only steel stocks which has good profit growth will continue to go up. All the steel stocks which reported reduced profit will continue to drop.
I took the trouble to tabulate all the listed steel stocks for comparison as shown below to help investors.
|
Name |
price |
Latest EPS |
Previous EPS |
Changes |
|
Hiap Teck |
62 sen |
4.8 sen |
2.2 sen |
Increased 118% |
|
AYS |
72 sen |
8.5 sen |
4.45 sen |
Increased 91% |
|
Astino |
72.5 sen |
8.5 sen |
6.3 sen |
Increased 35% |
|
Prestar |
76 sen |
9.59 sen |
9.45 sen |
Increased 15 % |
|
Leader Steel |
68.5 sen |
5.01 sen |
5.47 sen |
Reduced 8% |
|
Leon Fuat |
Rm 1.13 |
9.76 sen |
11.65 sen |
Reduced 16% |
|
Choo Bee |
Rm 2.20 |
17.15 sen |
20.93 sen |
Reduced 18% |
|
Mycron |
58 sen |
4.13 sen |
5.75 sen |
Reduced 28% |
|
Melewar |
53 sen |
2.64 sen |
5.87 sen |
Reduced 32% |
|
Tashin |
60.5 sen |
3.9 sen |
5.84 sen |
Reduced 36% |
|
Lion Industries |
61.5 sen |
Loss 1.4 sen |
17.4 sen |
LOSS |
Related Stocks
| Chart | Stock Name | Last | Change | Volume |
|---|
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Discussions
Be the first to like this. Showing 17 of 17 comments
cosway choo bee's latest EPS is 38 sen not 17.15 sen. So its ranking shud be higher.
EPS is 17.5 sen.
2021-09-10 17:51
Banyak cakap uncle ini. Tak perlu cakap banyak lah Uncle, orang tak percaya kata kata uncle lagi.
2021-09-10 19:32
Hahahaha ...Mr Koon Yew Yin ask his macai to subscribe to Mr OTB since they no more friend friend. He then copied what OTB has give his clients earlier..Mr OTB please check your new subscriptions..they are Mr Koon SPIES.
Tak tahu malu...Karma will hit old Koon HARD.kena covid but cannot die
2021-09-10 19:48
Dear Mr Koon Yew Yin,
Steel stocks may or may not rise, as the steel price in China is not promising
What will definitely be better 6 to 12 months down the line is Genting (3182). Think about it, what can be worse than it is now
It is time to invest in a non-cyclical stock
Genting will go on a multi-year supersycle SUPERBULL run, just like it had from Mar 2009 to Jan 2011 after the recession
Sincerely,
EMSVSI
2021-09-10 19:48
What a silly method to determine the buying rationale. Even newbies with some knowledge can do better. It just goes to show how silly the Geezer is in trying to justify his margin trades. Apart from EPS, please open your eyes to the huge debts and equity that some of these companies have that is being promoted. Savvy investors will look at every detail including the ability of the company to pay decent dividend and the possibility of the company rewarding loyal shareholders with bonus issues. With so little knowledge and yet so bold to borrow like no tomorrow to punt the market. Bo kia si.
2021-09-10 19:53
Lionind result belum out.. it will be rank No. 1 base on ur criteria later..
Although we know the fundamental..umnnhmm
U are posting wrong info and misleading..
how can compare upstream vs downstream.. long vs flat steel
2021-09-10 22:57
This HIAPTEK counter must fast in fast out. Every time it goes up a little, it will very fast go back to the original buying price.
2021-09-11 00:05
Market capitalization (RM Million)
2/9/2021 10/9/2021
ANNJOO 1,327.24 1,625.61
HIAPTEK 943.00 1,055.61
SSTEEL 539.66 542.64
CSCSTEL 528.20 524.4
LIONIND 430.74 441.51
LEONFB 347.82 385.33
ASTINO 345.38 357.72
CHOOBEE 275.23 289.72
PRESTAR 257.79 274.01
AYS 201.62 266.29
MASTEEL 235.42 237.68
MELEWAR 190.49 188.69
KSSC 105.98 100.22
2021-09-11 01:38
CLIENT RECOMMEND ME TO BUY DCS PRIVATE TRUST . 8% PER ANNUM, DUNNO IS A SCAM OR NOT. CAN SOME1 ADVISE ? HE ASK ME TO PUT 1 MIL , ONE YEAR GET RM 80,000 INTEREST.
2021-09-11 09:07
Not very convincing actually. Take a simple analysis of Leonfb, the operating profit is actually increased slightly . Not as what Mr KYY claimed.
2021-09-11 10:40
Kyy always write steel or iron articles. How many articles already written by Kyy?
Why write a lot?
Kyy mahu jual kepada yang tamak. Nanti kena tipu oleh Kyy lagi.
2021-09-11 12:40
Without convincing people to buy his share, how can this lying toad make money by selling for higher price. Ini orang gila Wang.
2021-09-11 13:41
Misleading again for the Prestar(bonus 3 for 5) and Astino(4 for 5). The EPS of PRESTAR & ASTINO were pre bonus level. The share price for Astino & Prestar should convert to Pre bonus as such.
Prestar share price is 76cent x 1.6 =RM1.216
Astino share price is 72.5cent x 1.8 =RM1.305
Moreover, all the steel stocks have different "EPS calculation date" of their respective quarterly financial result. Some steel stocks latest EPS report from Feb to May & others from Mar to June. As we know we have many MCOs, e.g. FMCO starts in June, maximum man capacity is 60%. At different condition of MCOs, this EPS comparison is misleading again.
Different "EPS calculation date" also create another misleading due to changing in steel price.
2021-09-12 18:28
Ready steel products dropped according to Wong Ah Choon. His fren a factory contractor who has 4 contracts only do d construction as a manufacturer advised him prices ll drop in Nov!!
2021-09-13 06:17
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cosway
choo bee's latest EPS is 38 sen not 17.15 sen. So its ranking shud be higher.
2021-09-10 14:44