Koon Yew Yin's Blog

Revival of construction activities - Koon Yew Yin

Koon Yew Yin
Publish date: Mon, 17 Jan 2022, 09:38 AM
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

Today being a Sunday, while my wife and I were driving around Ipoh town, we were surprised to see hardware shops were open and many people were buying construction materials. It looks like many contractors’ construction programmes were delayed by MCO lockdown and now they have to work overtime even on Sunday to catch up.

 

 

 

Due to MCO lockdown, workers could not go to work. As a result, most of the steel companies have reported reduced profit in the last quarter ending September. Since there is no more MCO lockdown, all the steel companies will report increased profit in the next few quarters.

I am sure all the steel companies especially Prestar, Leon Fuat and AYS will report better profit for the quarter ending December which should be announced before the end of February.  

In the last few months, I have been searching for good growth stocks. I could not find stocks better stocks than Prestar, Leon Fuat and AYS in terms of PE ratio.

Name

price

EPS

Previous Q EPS

Half year EPS

Annual EPS

PE

Prestar

63.5

7.21

9.59

16.8

33.6

1.9

Leon Fuat

88

11.34

9.76

21.1

42.2

2.1

AYS

66

5.61

8.5

14.11

28.2

2.3

Tashin

53

5.97

3.9

9.87

19.7

2.7

Leader Steel

60

5.46

5.01

10.47

20.9

2.9

Hiap Teck

51

4.11

4.26

8.37

16.7

3.1

Ann Joo

186

12.74

15.48

28.22

56.4

3.3

Melewar

39

1.67

2.64

4.31

8.6

4.5

Astino

69.5

3.56

2.5

6.06

12.1

5.7

CSC Steel

132

2,70

4.18

6.88

13.8

9.6

    

 

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Discussions
1 person likes this. Showing 6 of 6 comments

abang_misai

What an eye opener! I just gave this article a “like”.

2022-01-17 09:40

KingKong_Doll

Hats off to abang_misai as I couldn't tell your 'like' was a compliment or sarcasm.

2022-01-17 14:28

Headshot622

A lot of seller from HLB, is that you uncle koon selling secretly?

2022-01-17 15:41

gladiator

I have Top 2 only for steel Prestar & Leonfb. With the collapse of Tech stock steel will be back.

2022-01-19 11:20

abang_misai

Top up ays today

2022-01-19 19:31

Sslee

Abang_misai tak takut nanti Koon kata sudah jual AYS untuk beli Prestar?

2022-01-19 19:39

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