Koon Yew Yin's Blog

Harbour Link will report reduced profit - Koon Yew Yin

Koon Yew Yin
Publish date: Mon, 19 Sep 2022, 10:48 AM
Koon Yew Yin
0 1,414
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

When I saw the company reported EPS 16.26 sen for the quarter ending June and EPS 10.71 sen for its previous, like all smart investors, I bought the share. I thought I can make a lot of money. I posted 2 articles namely Harbour Link has good profit growth and Harbour, Costal and SYS comparison to help my readers to make more money. Unfortunately, Harbour Link share price has been dropping continuously in the last few days. I Googled and I found this chart below:   

Global container freight rate index from January 2019 to August 2022 (in U.S. dollars)

Since the Global freight rate is dropping continuously, all shipping companies including Harbour Link and SYS will report reduced profit in the next quarter ending September. That is why Hourbour-Link share is dropping. I sold all my shares.

HARBOUR (2062)
Related Stocks
Market Buzz

2024-04-23

HARBOUR

Forum

1 New Comment

2024-04-19

HARBOUR

Blog

Technical Buy - HARBOUR (2062)

More articles on Koon Yew Yin's Blog
Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai price trend reversal - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Sendai price chart below is showing its price trend reversal. It is hitting a record high.

How can KSL double its profit? - Koon Yew Yin

Created by Koon Yew Yin | Apr 18, 2024

After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.

Why Sabah will leave Malaysia - Koon Yew Yin

Created by Koon Yew Yin | Mar 29, 2024

Currently Sabah Government does not know that solar panel produces the cheapest electricity???

Malaysia can be one of the richest nations in the world - Koon Yew Yin

Created by Koon Yew Yin | Mar 23, 2024

During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

All property developers have just announced their annual profit for 2023. All of them reported increased profit.

My contribution as an Engineer - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.

What can KSL can do to benefit shareholder? - Koon Yew Yin

Created by Koon Yew Yin | Mar 01, 2024

What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...

All Investors require Anticipation - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.

Property developers share prices comparison based on latest EPS - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

KSL is the cheapest in terms of PE ratio. KSL Holdings Bhd is a holding company. It is engaged in real estate services.

Discussions
Be the first to like this. Showing 10 of 10 comments

SecretOne

Another bad "investment" by KYY. Seems to be the norm for him these days

2022-09-19 11:02

Zhuge_Liang

This old man has some mental problem now.
He did not know that the freight rate above USD5,000 is very profitable for shipping service.
The present rate is still around USD6,000.

Before July 2020, the freight rate is below USD2,000.
His u-turn has caused many investors to lose money.

2022-09-19 11:52

speakup

problem is KYY has lost all credibility. when he screams buy now, nobody follows anymore.

2022-09-19 12:28

gohkimhock

There is nothing wrong in Harbour's business. Normal ups and downs. It is not a downtrend in its business. I still think transportation and freight has a long way to go.

2022-09-19 13:40

Zhuge_Liang

KYY has no money now, hence he becomes a trader.
No more money to invest, all profit already lost in KLSE.
He has to sell land to raise his capital, all his capital also lost in steel stocks.
Sad to read his article and sad to know that he has lost all his profit.

2022-09-19 13:48

Phoebe

KYY lost all his capital in steel stocks? I wonder whose advice he followed? ^_^
Well, if he is reading this, don't beat yourself over this. There are many ppl in the same boat as you in the steel stock too. Do you ever wonder whose advise they followed?

2022-09-19 13:54

Zhuge_Liang

Post removed.Why?

2022-09-19 14:13

GLNT

Hahahaha. And Sys and Harbour earnings run contrary to the global freight rate. How ironically funny

2022-09-19 15:29

enumaelish

Can call up putin n ask him to buck up in Ukraine? Things are not looking good for russia now

2022-09-20 03:45

tehka

Only 4 days.. lol.

2022-09-21 00:47

Post a Comment