Agreed, almost all the recovery stocks are at recovered price, plus are still making little profits and even others are making losses.

I think market waits for next quarterly result. If the upcoming quarter result is better than current one, the share price will up. Most news predict the profit will drop as glove's ASP that never care about the actual earning of the glove stocks is the best among all sectors.

Compare the cash and cash equivalent of TANNN as at

30 June 2019 was RM135,034,000
30 June 2020 was RM304,290,000
Just in 1 year, the net cash increment of TAANN was RM169,256,000 or 125.3% more than 1 year ago. Thus, TAANN pay more dividend to shareholder like us.

The average CPO price from 01Apr2021to 30June2021 was RM4058, and this week average CPO is RM5069 or 25% higher. Thus, we can expect even higher profit and the dividend payment.

Totally obvious accumulation that I have ever seen in FBMKLCI. If no privatisation, why some one so keen to buy this MULPHA slowly and consistently?

Latest quarterly financial result, EPS=9.72 cent, NAV(net asset value)= RM9.76.
It is really under valued.

If want to deposit money in the bank, better to buy this stock, yearly return should be more than 15%.

This share price will hit RM2.65 but take time.

CPO price is still going up!!! Good news for palm oil stocks.

What EPF will do is to buy both the palm oil and energy stocks now.

Taann hits RM4.00 in less than 2 weeks

China faces energy shortage and reduce steel production significantly.
USA faces steel shortage too.
Japan cut steel production since the beginning of 2021

No wonder steel price is at record high price now.
Steel stock hits history high level is highly possible now.

China faces energy shortage and reduce steel production significantly.
USA faces steel shortage too.
Japan cut steel production since the beginning of 2021

No wonder steel price is at record high price now.
Steel stock hits history high level is highly possible now.

Hiaptek hits RM1.00 this year is possible now.

China faces energy shortage and reduce steel production significantly.
USA faces steel shortage too.
Japan cut steel production since the beginning of 2021

No wonder steel price is at record high price now.
Steel stock hits history high level is highly possible now.

Mr OTB's link
https://klse.i3investor.com/blogs/OoiTeikBee/2021-10-07-story-h1591936...

I strongly believe Hiaptek can reach RM1.00 when the next day of the 1st quarterly financial result of 2022 is out provided that the steel price is maintained at plus/minus of 10% current level.

31th March of 2022, Hiaptek share price can reach RM1.00

Mr OTB's link
https://klse.i3investor.com/blogs/OoiTeikBee/2021-10-07-story-h1591936...

I strongly believe Hiaptek can reach RM1.00 when the next day of the 1st quarterly financial result of 2022 is out provided that the steel price is maintained at plus/minus of 10% current level.

FMCO & EMCO started from 1JUNE2021 to approximately middle/end of August2021. Working hours and manpower at least were reduced 40% during MCOs period. But, the revenue of Comfort was only less 7% in compare from the previous quarterly financial result, from RM541.1 million to RM504.2 million.

Latest quarterly financial result from 1May2021 to 31July2021 , EPS= 25.64 cent, NAV= RM1.54.
Reserves/retain earning = RM745.8 million, Cash & cash equivalent = RM 377.9 million. Borrowing = RM77 million. Net cash = RM300 million.
Due to plenty of cash pile and increasing glove demand, Comfort is aggressively expanding glove production to counter the reducing ASP.

Share price of RM1.26 is undervalued.

Nice to compare the highest share price level with CPO RM3500 in year 2012 to current CPO RM5000 above.

Just compare TAANN with SOP

TAANN:
Latest quarterly financial result, EPS= 16.83 cent, NAV= RM3.46, Share price = RM3.15

SOP:
Latest quarterly financial result, EPS= 17.20 cent, NAV= RM4.48, Share price = RM3.93


Obviously, SOP latest quarterly earning EPS is just 0.37cent more than TAANN, but the share price of SOP is almost 80cent more than TAANN. This indicates that TAANN share price got big discount. If SOP share price can hit RM6.62, TAANN also can reach at least RM6.00.

TAANN make good profit from its associate oil palm company, SWKPLNT. TAANN is the largest shareholder of the SWKPLNT. Both TAANN & SWKPLNT give dividend generously.

Bought TAANN @ RM3.09.
CPO hits RM5000 history high.

Simeplt profit is lower than Taann.
TAANN share prices should be higher than Simeplt.

Limit up too early. Prefer to gain around 10% per day.

Bought Comfort @ RM1.27.

CPO will stay at least above RM4200 per tonne due to labour shortage and lower production. Also, at the middle of December, the monsoon will come, the production will start to decrease, the CPO price will be even higher.

In US the situation is even worse, labor shortage in almost all sectors, people are used to work at home, employers has to increase the salary to attract people to work. Almost all the goods price are up. Currency are devalued due to over printing money.

Inflation is the norm now.

Hibiscs benefits from global energy shortage and spiking in oil price.

Energy stocks will wake up due to global energy shortage and spike in energy price.

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it just hit RM1.00. Great discount!!!
Latest financial quarterly result(01May2021 to 31July2021), EPS= 10.29 cent, NAV= RM3.07.
Even during FMCO & EMCO, still can perform excellently!!!

Can consider to buy it.

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it just hit RM1.00. Great discount!!!
Latest financial quarterly result(01May2021 to 31July2021), EPS= 10.29 cent, NAV= RM3.07.
Even during FMCO & EMCO, still can perform excellently!!!

Can consider to buy it.

Should worth more than RM1.60

Hiaptek is the best growth steel stock with 35% shares in Eastern Steel Sdn. Bhd as such:

1)Best cost saving:
A)Own a 55MW power plant that saves millions RM in electricity bill. One of the highest costs in producing iron ore to steel product is the electricity bill.
B)One stop steel maker from iron ore to steel product that save the time, electricity bill, labours that result in much higher efficiency. Benefit in low iron ore price and flexibility in using lower price import iron ore or local iron ore.

2) Import steel product is the wise alternative for China. Eastern steel has huge advantages in finding its export to China. China electricity shortage that caused by coming cooler temperature, boom in export business, etc. China steel industry consumes a lot of electricity and its high carbon emission against greenhouse gas emissions is forced to reduce steel production.
https://tradingeconomics.com/china/exports
https://tradingeconomics.com/china/imports/malaysia/iron-steel

3) Agressive in expansion:
Following the completion of 100,000 tonnes of its planned 400,000-tonne coke oven plant in June, the group said its JV entity’s(Eastern Steel) second 100,000 tonnes will be completed in October, with the next 200,000 tonnes targeted for completion by the second quarter of 2022.

4)Sustainable in high steel products price due to China determination in greenhouse gas emission.

Taann is the best earning oil palm estate company plus sustainable forest management that generate good profit from timber business.

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it is only 87cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it is only 87cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it is only 87cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

SUBUR(6904) is the best earning furniture/timber stock with oil palm estate, it is only 87cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

Bought TAANN @ RM2.94

http://mpoc.org.my/daily-palm-oil-price/

Palm oil price breaks record high!!!

Bought HIAPTEK @ 55cent.
Steel price break records high today.

https://www.investing.com/commodities/ncdex-steel-futures

Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.

This time might be best chances to buy steel stock.

Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.
This time might be best chances to buy steel stock.

Annjoo exports more than 60% steel products to China.

Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.

This time might be best chances to buy steel stock.

Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.

This time might be best chances to buy steel stock.

SUBUR(6904) is the best furniture stock with oil palm estate, it is only 82.5cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

SUBUR(6904) is the best furniture stock with oil palm estate, it is only 82.5cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

SUBUR(6904) is the best earning furniture stock with oil palm estate, it is only 82.5cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.
29/09/2021 9:20 PM

SUBUR(6904) is the best earning furniture stock with oil palm estate, it is only 78cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

SUBUR(6904) is the best furniture stock with oil palm estate, it is only 78cent. Big discount!!!
Latest financial quarterly result, EPS= 10.29 cent, NAV= RM3.07. Can consider to buy it.

Hiaptek and Annjoo enjoy most steel counters can't afford with much lower iron ore price and process it by blast furnace to the custome made steel. This non-stop process result in saving electricity, efficiency and much higher profit margin.

Annjoo put efforts to maximise the use of Blast Furnace Gas for renewable energy generation through its Top Pressure Recovery Turbine.

Hiaptek and Annjoo enjoy most steel counters can't afford with much lower iron ore price and process it by blast furnace to the custome made steel. This non-stop process result in saving electricity, efficiency and much higher profit margin.

Steel prices goes up 3 consecutive days and is in 2 weeks high.

Keinhin share prices will be in sideway and downtrend in short term since market can't accept its financial result. Need to wait for good news or big players to move up the price to above RM1.00

Revenue dropped due to FMCO/EMCO that limit the operation esp in June,July & August. In this QR, the end date is 31July2021 with 2 months(June&July) of strict SOP. Almost all listed companies in Malaysia will face the same problems.

OTB is the only real Master in steel stocks.

Hiaptek benefits more than those steel stocks without steel furnace capacity due to at least 40% dropping in iron ore prices. When the cost of import iron ore is cheaper than local iron ore, Hiaptek can just import the iron ore and use its steel furnace to produce the steel product. This result in much higher profit margin. Many steel stock counters have no steel furnace capacity.

Precision engineering companies like Sam, Kobay, Hightec, Wong share prices all are going up fast. KeinHing might has good chances.

Kein Hing is principally engaged in sheet metal forming, precision machining, component assembly and manufacture and sales of gas appliances. In addition, it is also involved in manufacturing and fabrication of tools and dies and assembly of components, and sub-leasing of unused factory and warehouses.

Annjoo should benefits from low iron ore price and good steel price which result in higher profit margin.

Weird!! How come almost all steel stocks are not going up? Only AYS shoots up?
Can AYS leads other steel stocks to go up?