Koon Yew Yin's Blog

AYS has good profit growth prospect - Koon Yew Yin

Koon Yew Yin
Publish date: Fri, 28 Jan 2022, 11:48 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

I am obliged to inform you that I have only AYS, Leon  Fuat and Prestar in my investment portfolio. I have posted many articles on these stocks to encourage investors to buy these stocks with good intention to help my readers to make more money. After I read all the commentaries on the AYS forum, I wish to offer my opinion. Based on the comments, I see there are many short-term traders.

AYS price chart below shows that it started to drop from 91 sen about 3 months ago to close at 67 sen yesterday due to Covid 19 pandemic. Since then, its price has been fluctuating thus creating opportunity for short term day traders. Those who bought at low price and sold at higher prices made money but those who bought at higher price would lose money if they sold. There are always winners and losers. The winner would thank me and the losers would say that I have misled them.  

 

The fact that I openly declared that currently I only have AYS, Leon Fuat and Prestar in my investment portfolio shows that my buy recommendation is honest and sincere.

I am sure all the steel companies will report better profit in the quarter ending December which will be announced before the end of February because there was no MCO lockdown during this period.   

Its 2nd quarter ending Sept EPS was 6.51 sen and its 1st quarter ending June EPS was 8.5 sen, totaling 15 sen for 1st half year.  All these profits were achieved during the Covid 19 pandemic MCO lockdown. Currently there is no more MCO lockdown and AYS should be able to make better profit in its 2nd half year than its 1st half year.

Assuming its 2nd half year performance is the same as its 1st half year, its annual profit EPS will be 30 sen per share.

Based on PE 3, AYS should be 90 sen.

Based on PE 4, AYS should be Rm 1.20.

Based on PE 5, AYS should be Rm 1.50.

The last traded price was 67 sen.

 

 

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Discussions
Be the first to like this. Showing 13 of 13 comments

vcinvestor

I knew this was coming

2022-01-28 14:06

Tobby

Thank you Grandpa Koon for recommending AYS!

2022-01-28 15:52

uncensored

Tobby please take note that Uncle advice are only for SHORT term. Will be subjected to CHANGE any time without prior notification.

Hehehehe

2022-01-28 17:19

gohkimhock

wait until you see all steel companies balance sheets and cash flow. The only company worth investing is Press Metal. The others will have cash flows problems..

2022-01-28 17:35

Eric963708

last time wat he say can be trust but now mostly ppl don't trust him anymore,

2022-01-28 19:12

cckiong

Weird, what happened to his holding on other stocks that he used to recommend like Tomei etc. The stocks he recommended All lau sai in term of share price performance. how come he doesn't mention those stocks ya.

2022-01-28 20:28

cckiong

"The fact that I openly declared that currently I only have AYS, Leon Fuat and Prestar in my investment portfolio shows that my buy recommendation is honest and sincere" it only shows that he wants other people to pump up the price so he can sell and trap other people who believe him. sincere my ass

2022-01-28 20:31

sensonic

UNCLE HAS LOST ITS MAGIC TOUCH.

2022-01-29 07:31

uncensored

He followed sifu OTB on TA & FA way of doing short term investment. The theory of TA worked very good in a bull market but so so once the market turned bearish. A lot time could be very fluctuating as one of key elements in the investment strategy is that its must have always profit growth. Hence I guessed this fluctuating has turned Uncle to go against sifu.
Anyway I believed for youngsters please do investment in shares on long term basis.

2022-01-29 10:14

sensonic

Post removed.Why?

2022-01-29 19:09

arv18

More stu.pidity from the old con man.

You know the drill: he's selling out quickly.

As per usual!

2022-01-29 23:41

DonLee

con people to buy and he can sell at higher price.
same tactic been used over and over again . and yet he denied that .

2022-01-30 05:51

Jerichomy

I think he is trapped in AYS very long time…must be so eager to get out

2022-01-31 01:33

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