Koon Yew Yin's Blog

AYS has profit growth and is undervalued - Koon Yew Yin

Koon Yew Yin
Publish date: Sat, 25 Jun 2022, 06:27 PM
Koon Yew Yin
0 1,235
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 have posted articles to downgrade AYS before when its share price was overvalued. Currently there is more construction activities because there is no more MCO lockdown. As a result, the demand for all building materials including steel is increasing. That is why I am writing this article.

The above are extracts from AYS 2022 annual report. In addition the Board has also made these announcements: 

Share placement

On 25 Oct 2021 the board wishes to announce that the Board has resolved to fix the issue price for the Private Placement at RM0.7600 per Placement Share. 

The issue price of RM0.7600 represents a discount of RM0.0788 or approximately 9.39% to the 5-day VWAP of AYS Shares up to and including 25 October 2021, being the market day immediately preceding the price-fixing date of RM0.8388 per AYS Share.

Share buy back

On 20 June 2022 the Board announced that AYS proposes to seek a mandate from the Shareholders to allow the Directors, to exercise the power of the Company to purchase its own shares up to ten percent (10%) of the issued and paid-up share capital of AYS through Bursa Securities.

Steel price up 20% in May

KUALA LUMPUR (June 9): The average price of steel bars increased 20% in May 2022 to RM3,910 per tonne, from RM3,258 per tonne in the corresponding period last year, following the increase in the prices of building materials, the Department of Statistics Malaysia (DoSM) said.

Chief statistician Datuk Sri Dr Mohd Uzir Mahidin said the Cost Materials of Building Index (BCI) without steel bars & with steel bars for all building category in Peninsular Malaysia, Sabah and Sarawak increased in May 2022, compared with a year ago. He said the increase in BCI for Peninsular Malaysia was between 7.8% and 15.6%, Sabah (between 4.9% and 12.9%) and Sarawak (between 7.4% and 16.5%).

AYS share price chart is beginning to show trend reversal. The best time to buy is at the pivoting point of trend reversal.

All investors should note the followings:

1 the last traded price was 47 sen

2 its NTA is 94 sen

3 its share placement price was 76 sen

4 last year 4 sen dividend

5 Dividend for this year should be more than 4 sen because the company reported much better profit in 2022. 

Related Stocks
Market Buzz
More articles on Koon Yew Yin's Blog
Hibiscus Petroleum has good profit growth - Koon Yew Yin

Created by Koon Yew Yin | Jul 20, 2022

Hibiscus Petroleum Bhd along with its subsidiaries is engaged in exploration and development of oil and gas. It has operations in Middle East, Norway and Oceania regions.

Sanctions on Russia is counter productive - Koon Yew Yin

Created by Koon Yew Yin | Jul 14, 2022

NATO countries including US imposed economic sanctions on Russia because of its invasion of Ukraine on 24 February. All NATO countries are discouraged or forbidden to buy Russian products...

1 person likes this. Showing 22 of 22 comments


Crying wolf is back again

1 month ago



1 month ago


AYS is hopeless! Yeah, just my prediction!

1 month ago


Chart is downtrend wor?!

1 month ago


Typically asking everyone to help pumping again, then quietly dumping later, cycle to repeat again

1 month ago


Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, shame on both of us.

Dec 13, 2021 10:54 PM | Report Abuse 

As I said earlier, I started selling at 91 sen about 5 week ago when AYS started dropping. I continued selling until it has reached rock bottom 52 sen so that I have a lot of money to buy back at cheaper price. A few days ago when I saw its trend reversal, I started buying.

I openly wrote down trading for public information.
I wrote all these down so that those especially HIGHCHAPERAL who have bought my share when I sold can learn a good lesson. I have nothing to hide. I did not hide behind a fictitious name. Remember to sell when it is down trend and buy when it is up trend. The best time to buy is at the trend reversal pivoting point.
Koon Yew Yin

1 month ago


Cakap sedap hati Uncle saja. Nobody cares.

1 month ago


high gearing !

1 month ago


Posted by Sslee > Jun 26, 2022 12:43 PM | Report Abuse

Fool me once, shame on you. Fool me twice, shame on me. Fool me three times, shame on both of us.

Answer : What shame! Grandpa Koon has 3 ton concrete face!

1 month ago


Sekejap hopeless stock, Sekejap banyak bagus stock. Roti-Prata King

1 month ago


Ays is dropping continuously. Clever investor should know what to do.

1 month ago


AYS good company
but reputation tarnished by KYY

1 month ago


i3 admin pls do ur work n stop promoting this trash

1 month ago


By Mr. Koon logic, a good company or a hopeless company is depend on the current market share price and NOT your so called misleading golden rule. You are conflicting, confusing yourself over and over again. The whole intention is to promote the company so that the retail investors will buy and being cheated again. Never ending scammer and liar. Someone should report him.

1 month ago


All these sifus tell half the story only to enrich themselves. So sad for them - so rich yet so poor.

1 month ago


Deeds are contagious.

Do bad things, the rest will respond with bad things.
Do good things, every one will follow.
A person's characteristic is dependent on the environment he/she is growing up.

When inspiring people to do good things, the reward at the End is huge.
The End is referring to the Life in eternity which is not in this world.

The PE of this counter is less than 2.

1 month ago


Sufferings in this world is to clean the impurities in our souls.

lawsuits, financial losses, hospitals, sickness, disobedient children, divorce, inflation, unemployment, high national debts, bankruptcy...

Genesis - NIV

Genesis 2 -
7 Then the Lord God formed a man from the dust of the ground and breathed into his nostrils the breath of life, and the man became a living being.

The Lord is the Giver of Life, He breathed into Adam, the breathed of Life, then Adam became human and alive.

The souls belong to the Creator. Remove the souls, we are the dead bodies and lifeless. The souls control the movements of our hands, legs, muscles...

The sufferings in this world are better than the torture in the world after.
When the Lord to recall our souls, the souls will be returned to Him as clean as when given during the child births.

1 month ago


这个时候进场,很好的建议 。我跟 ...... 。

1 month ago


AYS no movement, means KYY no more credibility already

1 month ago


Old man probably feels good when he get all these negative comments. I have said many times, despite all negative or sometimes abusive comments from everyone, he still likes to write. I guess he doesn't read comments from the community, still thinking people enjoy reading his articles. haha

1 month ago


Must remember, uncle is here to make money from you and me, not to help you and me make money. There is no charity in share market, everyone is fair game

1 month ago


KYY = Price from Holland who favorite food was Roti Canai Kari Ikan!

1 month ago

Post a Comment