One scary part of Hiaptek we may overlook is its own iron ore mining subsidiary.
As per Annual report, Vista Mining Sdn Bhd mainly to support the iron ore requirements of ESSB.
The estimated selling price of iron ore sold back to ESSB shall 15% lower than imported price based on annual report info.
Do we have factor in the recent drop of iron ore price toward the potential of ESSB?
https://www.investing.com/commodities/iron-ore-62-cfr-futures
Good luck to all Hiaptek shareholders.

https://www.chinapress.com.my/20210428/%E7%94%B5%E5%AD%90%E4%BA%A7%E5%93%81%E9%9C%80%E6%B1%82%E5%B8%A6%E5%8A%A8-3%E6%9C%88%E5%87%BA%E5%8F%A3%E6%B6%A831/

https://www.theedgemarkets.com/article/malaysias-march-exports-surge-31-yoy-fastest-nearly-four-years