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
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin
Following Message

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

 

 

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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.

2021-09-10 14:44

Goinvest88

uncle koon faster push, let's the share price speak itself

2021-09-10 17:40

Beltland

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

Juliana

Banyak cakap uncle ini. Tak perlu cakap banyak lah Uncle, orang tak percaya kata kata uncle lagi.

2021-09-10 19:32

CopycatKoon

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

emsvsi

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

kelvin61

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

ming

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

ChloeTai

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

mrbusiness

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

sensonic

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

cnyang

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

Juliana

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

kelvin61

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

Karwai2021

dont trust this old fox

2021-09-11 21:48

Invest_888

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

bobbytwc

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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