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
----------------------
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.

Post removed.Why?

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.

Post removed.Why?

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.
-------------------------------
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.
-------------------------------
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)
--------

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.

Post removed.Why?

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.

Post removed.Why?

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.

Post removed.Why?

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.

When the share price of Supermx rebounded to 5.60, I recommend a buy based on TA.
We cut loss around 4.50.
It is my mistake.

Thank you.

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Posted by investortrader88 > Jul 27, 2021 9:28 AM | Report Abuse

Hiap Teck Venture Berhad is engaged in investment and property holdings, and the provision of management services. Its segments include Trading, Manufacturing, Property and Investment, Transportation, and Mining Exploration. The Trading segment is an importer, exporter and general dealer in steel products, hardware and building materials. The Manufacturing segment is engaged in manufacturing, renting and distributing steel pipes, hollow sections, scaffolding equipment, accessories and other steel products. The Property and Investment segment is involved in investment in and renting out property and investment holding. The Transportation segment is involved in provision of transportation of goods by lorries. The Mining Exploration segment is involved in exploring, contracting and activities related to the mining, processing and selling of iron ore. Its products and services include Steel Plates, Scaffolding Accessories and Mild Steel Channels.

# Div 0.58 %

# Cash RM 143.5 million

# Receivables RM 319.7 million

# Debts RM 393.3 million

# Nett cash RM 69.9 million

# Long term & other assests RM 457.1 million

# Pe 6.2

# Roe 11.7 %

# Roce 11.7 %

# Roa 8.9 %

# Has become profitable over the past 5 years, growing earnings by 52.5 % per year

# Earnings are forecast to grow 18.28% per year for the next 3 years

# Nta RM 0.69

Posted by investortrader88 > Jul 27, 2021 9:28 AM | Report Abuse

Hiap Teck Venture Berhad is engaged in investment and property holdings, and the provision of management services. Its segments include Trading, Manufacturing, Property and Investment, Transportation, and Mining Exploration. The Trading segment is an importer, exporter and general dealer in steel products, hardware and building materials. The Manufacturing segment is engaged in manufacturing, renting and distributing steel pipes, hollow sections, scaffolding equipment, accessories and other steel products. The Property and Investment segment is involved in investment in and renting out property and investment holding. The Transportation segment is involved in provision of transportation of goods by lorries. The Mining Exploration segment is involved in exploring, contracting and activities related to the mining, processing and selling of iron ore. Its products and services include Steel Plates, Scaffolding Accessories and Mild Steel Channels.

# Div 0.58 %

# Cash RM 143.5 million

# Receivables RM 319.7 million

# Debts RM 393.3 million

# Nett cash RM 69.9 million

# Long term & other assests RM 457.1 million

# Pe 6.2

# Roe 11.7 %

# Roce 11.7 %

# Roa 8.9 %

# Has become profitable over the past 5 years, growing earnings by 52.5 % per year

# Earnings are forecast to grow 18.28% per year for the next 3 years

# Nta RM 0.69

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.
Please do not abuse it.

I stop here.
Thank you.

Post removed.Why?

Under the guidance of the iron and steel reduction policy, some domestic steel mills have announced maintenance plans. Taking Jiangsu Province as an example, the total crude steel output from January to June was 63.58 million tons, an increase of 12.77%. In order to complete the target for the whole year, Jiangsu's leading sample steel mills will need to reduce their output by more than 4 million tons in the second half of the year. In order to meet the needs of the domestic market, imported semi-finished products are then rolled into the first choice of most steel mills. Chinese steel mills are actively looking for opportunities to import billets.
According to Mysteel, the import price of general billet in the recent market is about US$710-725/ton CFR Jiangyin Port, an increase of US$24-28/ton on a week-on-week basis. Part of the low-cost resources from India are about US$700/ton, but considering that the Indian epidemic may cause ships to be unable to dock or stay for 14 days to enter the port, most buyers are cautious about Indian resources
-------------------
Chinese steel mills are actively looking for opportunities to import billets.

Ans : ESSB of Hiaptek is able to compete internationally to export billets.
ESSB will increase the capacity from 700,000 MT to 1.5 million MT in FY 2022.
Hiaptek will perform well in FY 2022.

Thank you.

Posted by BlessedInvestor > Jul 23, 2021 12:24 PM | Report Abuse

Moving towards blast furnaces

To put things into perspective, there are only two major steel players operating blast furnaces currently — Alliance Steel and Eastern Steel.

In general, a blast furnace is three times more capital-intensive than an electric arc furnace (EAF) but its steelmaking cost composition including raw materials is about 25% lower than the latter’s.
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I want to add the below statement about Hiaptek or ESSB.
Blast furnace of ESSB will help to save RM 100 million a year.
Hence the profit of Hiaptek will be good in FY 2022.

Thank you.