Dear Jerichomy,
Thank you.
Please send my best regards to all my good friends in T3B.
I really miss them.
Thank you.

Dear Jerichomy,

I feel sad for you.
Do not invest in this manner, you will lose eventually.

Buy growth and good fundamental stock, you will make money eventually.
Look a bit on longer term view, surely and slowly you will make money.

This is my advice to you.
Thank you.

The paid up capital of Hiaptek is very huge, the share price will not able to move up north fast unless there are funds buying.
Retail players have no financial power to push up this stock.
It will take time to move up north.

You want fast, buy technology stocks.
Thank you.

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All steel stocks listed in KLSE cannot make good profit previously because China are dumping steel products below cost in the worldwide market.
Presently, China is no longer export steel products to the world market.
On top of it 20% export tariffs is imposed on steel products.
Export rebates for 23 steel products are also withdrawn.
All these good news will help steel stocks listed in KLSE to perform well in the next 2 years.

Another good news for steel stocks.
Construction: Sector up 42.6% in 2Q YoY, highest since 2012. Malaysia's construction sector grew 42.6% YoY in 2Q21 RM28.2bn, the highest growth recorded since 2Q12, due to the lower base last year. The Department of Statistics Malaysia (DOSM) said the special trades activities subsector registered a growth of 75% YoY in 2Q21. Meanwhile, the other three subsectors, namely civil engineering, non-residential buildings and residential buildings showed a growth of 59.5%, 37.0% and 18.0% YoY respectively. (Bernama)

Good luck to steel stocks.

Thank you.

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I am a small fry here, no way I have any financial resource to push up any share.
I just buy and invest for a year or more on this stock in view of good fundamentals.
I know that the paid up capital of Hiaptek is huge.
Thank you.

Hiaptek is not a good stock to be considered until the Q3 2021 result was out.
The profit after tax (PAT) in Q3 2021 showed a drastic improvement and the PAT is still growing for the next 2 years until 2022 at least.

I like Hiaptek because of the following reasons.
1.) Able to export billets to China (export business).
2.) Stainless steel pipes are catered for niche markets in oil and gas sectors.
3.) Fundamentals and technical charts are very good.
4.) The number of shares issued is big, it is more suitable for foreign funds to invest because of high daily trading volume.

The final decision to buy is always yours. Do your homework before you invest.
Thank you.

My purpose to write this article is to clarify what are the harms that Mr Koon has done to me by attacking me in the I3investor.com public forum on Hiaptek and all steel stocks.

Please read the below articles.
1.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-08-06-story-h156...
2.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-27-story-h156...
3.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-08-02-story-h156...
4.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-26-story-h156...
5.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-25-story-h156...
6.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-21-story-h156...
7.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-19-story-h156...
8.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-16-story-h156...
9.) https://klse.i3investor.com/blogs/koonyewyinblog/2021-07-13-story-h156...

Note :
1.) I never attack any person in any public forum.
2.) I never attack Mr Koon whether his buy/sell call is correct or not, but Mr Koon keeps on attacking me on my sell/buy call, this is not good.
3.) Mr Koon had done these attacks many times in I3investor.com and also his blog. This incident is not the first time.
4.) Why is he so personal to attack me all the time ?
5.) It is his ego problem, he wants every reader here to know that he is better than me. Unfortunately, he lost to me all the times.
6.) He has abused it.
--------------

My help to Mr Koon
1.) If Mr Koon had listened to my advice, he would not have invested in Jaks which would have saved him 200 million.

2.) I told Mr Koon to get out of Dayang when the share price of Dayang is > 3.00. If he had listened to my advice, he would have saved > 100 million from his capital and > 100 million from his profit. He attacked me instead for my good advice.

3.) I helped him and recommended him to invest in VS and all furniture stocks in 2015. Mr Koon had made a few hundred million.

4.) I had helped him to check the financials of the company before he invests. I am always his working dictionary when he needs help on the company he wants to invest in. Even he called me at wee hours, I always helped him immediately without fail.

5.) He always called me to help him to find good stocks to invest. I did it without fail at zero cost to him.

6.) I had recommended many good and profitable stocks for him to invest. I recommended him to buy Supermx in 2020.
--------------
Ans :
I had made up my mind to run far ... far ... away from him.
I feel very sad over these incidents, there is no turning back.
I can forgive one time, two times and not too many times.
Enough is enough, I will stop dealing with this person.
I am really hurt very badly that words just cannot describe it.

Thank you.

Posted by Citadel9999 > Aug 6, 2021 7:20 PM | Report Abuse

not changed tune la. These two act they fight each other actually want to buy cheap, after collected cheap then release articl lor
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Dear Citadel9999,

Please do not assume there is a fake "quarrel show".
I am a principle person, I am very disappointed with you to group me with him.

You must do your homework to check your facts before you write.
You attack me instead.
Please use your brain to think.

He told the whole world that he sold steel stock (LeonFB) on 9/7/2021.
Quote !!
A safe strategy during pandemic - Koon Yew Yin 10 July 2021 (Saturday)
Unquote !!

The share price of Hiaptek closed at 0.50 on 9/7/2021 (Friday).

He did not buy Hiaptek at all.
More than 80% of his portfolio is in LeonFB.

Please do not group me with him again, I told all readers here that I will run far ... far ... away from him.

Thank you.

Dear Citadel9999,

Please do not assume there is a fake "quarrel show".
I am a principle person, I am very disappointed with you to group me with him.

You must do your homework to check your facts before you write.
You attack me instead.
Please use your brain to think.

Thank you.

https://www.livemint.com/market/stock-market-news/tata-steel-share-price-soars-on-rare-double-ratings-upgrade-11628070506844.html

The prospect of steel stocks listed in KLSE will be good.

Steel stocks listed in Indian, Vietnam, Russia, USA, Taiwan, China, Japan and Korean stock exchanges are performing very well.
No reason steel stocks listed in KLSE cannot perform.

Thank you.

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https://klse.i3investor.com/blogs/koonyewyinblog/2021-08-06-story-h1569621099-Hiap_Teck_has_dropped_to_strong_support_level_Koon_Yew_Yin.jsp

I said Hiaptek operating at 60% during MCO lockdown is a true story.

Thank you.

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Many shouted sell on 19/3/2020.
I was the one who withdrew FD to buy big in KLSE in 2020.
What is the result ?
I made the most money in my whole life in 2020.

I did it again to withdraw FD to buy big on Hiaptek and other 4 steel stocks in July 2021.
I will like to see the final result in 2021 or until September 2022 which is my target time set.

There is no sure win in the stock market, please decide yourself.
I did not force anyone here to buy this stock.

Aaron_tan,
Please do not quote me, be a bit gentleman.
I do not care whether you invest in this stock or not.
I did not force anyone here to buy this stock ... I repeat ...

Thank you.

D&O
Share price = 5.45
EPS = 6.10
PER = 86.72
Q1 2021, EPS = 2.28
Q4 2020, EPS = 2.43
EPS dropped 13%
The share price of D & O continued to break new highs.

UWC
Share price = 5.97
EPS = 8.23
PER = 70.47
Q1 2021, EPS = 2.09
Q4 2020, EPS = 4.95
EPS dropped 15%
The share price of UWC continued to perform well and on an uptrend.

Note :
The theory of the share price drops when a company reports reduced profit is not true anymore.

The theory of the share price drops when a company reports reduced profit is not true anymore ... I repeat ...

I have shown very good examples on D&O and UWC.
The share price continue to break new high despite reduced profit reported.

This writer has no skill to invest in KLSE, no wonder lost a few hundred million in the last few years.

The investment scenario had changed, please open up, do not be stubborn and refused to change.

Thank you.

I like Hiaptek because of the following reasons.

1.) Able to export billets to China.
2.) Stainless steel pipes are catered for niche markets in oil and gas sectors.
3.) FA is good.
4.) The number of shares issued is big, it is more suitable for foreign funds because of high daily trading volume.

Thank you.

I like Hiaptek because of the following reasons.

1.) Able to export billets to China.
2.) Stainless steel pipes are catered for niche markets in oil and gas sectors.
3.) FA is good.
4.) The number of shares issued is big, it is more suitable for foreign funds because of high daily trading volume.

Thank you.

China raises steel export tariffs again in bid to boost carbon neutral goal.

Please read the link below.
https://www.scmp.com/economy/china-economy/article/3143021/china-raise...

1.) Export tariffs for high-purity pig iron will be lifted to 20 per cent from 15 percent, and tariffs for ferrochrome will be increased to 40 per cent from 20 percent effective 1/8/2021.

2.) China will also cancel export tax rebates for 23 steel products, including some cold-rolled coils and silicon steel.

3.) The main purpose of this increase in export tariffs is to lower carbon emission and curtailing production of steel.

The front end process of steel production
There are 2 major processes used.
1.) Blast furnace - This is the most dirty process in terms of environment. This process uses a lot of iron ore.
2.) Electric arc furnace - This process is cleaner than blast furnace and it uses scrap metal instead of iron ore.

The final outcome of export tariffs
1.) The Chinese government will shut down more blast furnaces to protect the environment.
2.) Iron ore prices will drop, it means better profit margin for steel stocks.
3.) Steel prices will go up north.
4.) The Chinese steel producers will buy more billets from overseas to support the downstream operations.
5.) All Malaysian steel producers will be able to export more billets to China. Hiaptek, Alliance Steel and Annjoo will benefit the most from this export business.

Thank you.

China raises steel export tariffs again in bid to boost carbon neutral goal.

Please read the link below.
https://www.scmp.com/economy/china-economy/article/3143021/china-raises-steel-export-tariffs-again-bid-boost-carbon?utm_source=rss_feed

1.) Export tariffs for high-purity pig iron will be lifted to 20 per cent from 15 percent, and tariffs for ferrochrome will be increased to 40 per cent from 20 percent effective 1/8/2021.

2.) China will also cancel export tax rebates for 23 steel products, including some cold-rolled coils and silicon steel.

3.) The main purpose of this increase in export tariffs is to lower carbon emission and curtailing production of steel.

The front end process of steel production
There are 2 major processes used.
1.) Blast furnace - This is the most dirty process in terms of environment. This process uses a lot of iron ore.
2.) Electric arc furnace - This process is cleaner than blast furnace and it uses scrap metal instead of iron ore.

The final outcome of export tariffs
1.) The Chinese government will shut down more blast furnaces to protect the environment.
2.) Iron ore prices will drop, it means better profit margin for steel stocks.
3.) Steel prices will go up north.
4.) The Chinese steel producers will buy more billets from overseas to support the downstream operations.
5.) All Malaysian steel producers will be able to export more billets to China. Hiaptek, Alliance Steel and Annjoo will benefit the most from this export business.

Thank you.

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The Chinese steel price closed at 5,745 Yuan/MT on 30/7/2021. It went up 88 yuan today because the Chinese government announced higher export tariffs on steel exports and cancelled tax rebates for 23 steel products effective 1/8/2021.

The US senate approved a 1.2 trillion infrastructure plan.

Thank you.

China raises steel export tariffs again in bid to boost carbon neutral goal
Please read the link below.
https://www.scmp.com/economy/china-economy/article/3143021/china-raises-steel-export-tariffs-again-bid-boost-carbon?utm_source=rss_feed
Export tariffs for high-purity pig iron will be lifted to 20 per cent from 15 percent, and tariffs for ferrochrome will be increased to 40 per cent from 20 percent effective 1/8/2021.
China will also cancel export tax rebates for 23 steel products, including some cold-rolled coils and silicon steel.

The final outcome of export tariffs
Chinese government will shut down more blast furnaces to protect the environment.
Iron ore prices will drop, it means better profit margin for steel stocks.
Steel prices will go up north.
The Chinese steel producers will buy more billets from overseas to support the downstream operations.
All Malaysian steel producers will be able to export more billets to China. Hiaptek, Alliance Steel and Annjoo will benefit the most from this export business.

Thank you.

Post removed.Why?

Many shouted sell on 19/3/2020.
I was the one who withdrew FD to buy big in KLSE in 2020.
What is the result ?
I made the most money in my whole life in 2020.

I did it again to withdraw FD to buy big on Hiaptek and other 4 steel stocks in July 2021.
I will like to see the final result in 2021 or until September 2022 which is my target time set.

Thank you.

Posted by TakeProfits > Jul 29, 2021 10:40 PM | Report Abuse

Ayah...OTB and KYy, you all should agree to disagree. Just because one sees a company from their angle does not mean the other is wrong.
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Ans :
Posted by Albukhary > Jul 28, 2021 11:46 AM | Report Abuse

OTB never attack KYY whether his buy/sell call is correct or not, but KYY keep attack OTB on his sell/buy call, this is not good.

If KYY you are good and accurate, people will see and they will automatic agreed with your point, If OTB is not good and not accurate, people will also see and they will not subscribe for his services anymore, you no need to come here post everyday.
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Ans :
I never attack any person in public forum.
Why so personal to attack me all the time ?
I did not answer does not mean that I am wrong.
I am a grateful person, I always "remember the source of the water when I drink water".

I keep quiet is to give him a chance to think it over.
I keep quiet is a matter of respect.

He has abused it.
This is not the first time, it happened many times in I3.
I burn my bridge to this ungrateful person.
I will run far ... far ... away from this person.

Thank you.

Posted by CharlesT > Jul 29, 2021 11:12 AM | Report Abuse
Fm my observation OTB never miss all the recent years' theme play (since 2013 I think)
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Dear CharlesT,

Will steel stocks be the next theme play for 2021/2 ?
Please advise.
Thank you.

Posted by stockfreak > Jul 29, 2021 2:40 PM | Report Abuse

I always ask myself "Why isn't OTB or KYY being fined by SC?"
-------------------------

I hold a remisier licence for 28 years, SC can catch me anytime.
I know all the rules.
Please do not embarrass yourself here.

Thank you.

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Dear stockwin,

I did recommend Supermx when the share price was at 4.70 based on TA.
The share price went up to 6.20 and retraced back to 5.60.
I recommend to add position on Supermx again at 5.60.

I told my followers to cut loss at 4.50.

It is my mistake. I am sorry.
Thank you.

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Posted by qq3333 > Jul 27, 2021 10:52 PM | Report Abuse

Good evening.Can anyone update me on steel shares.Some say sell some say buy.I take my time to read all the informative postings on i 3.Thank you
------------------------
I hope you are a good person.

Please read the below link to check up the Chinese steel price.
https://tradingeconomics.com/commodity/steel

The steel price go up 32 Yuan today to 5,644 Yuan/MT.
Thank you.

Dear Philip,

He want to force me to follow his way of investing.
I have my method, I refused to listen.
It is the outcome.
He is an ungrateful person.
Must avoid this type of person at all cost.
I learn my expensive lesson.
Thank you.

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Dear UlarSawa,

Please buy Hiaptek and hold until at least 1.00.
This target price will be achieved before September 2022.
I assure you that you can win big on this stock.
I continue to buy on every weakness.
Thank you.

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Dear Sslee,
I never attack any person in public forum.

I had tried to avoid washing dirty underwear in public.
I try to keep quiet and avoid answering.

When you deal with this ungrateful person, it is the consequence.
I regret.

Thank you.

CharlesT,

Do not waste time, I have avoided him since 2021.
I recommend LeonFB and all steel stocks because the fundamentals of all steel stocks are very good.
Nothing related to him.

Thank you.

Please do not talk about money.
I am not that type.
I do all the favour to him without a single cent.

Thank you.