Last time kyy said glove price keep up. End up he sell all his stake. I think don't enter steel as the price is peak now n going down soon as oversupply n steel hike cool down soon
like gloves manufacturer, will the steel price continue to rise? and the steel counter continue to enjoy increase in Net profit after they sell their old stock?
Remember 2 of the most richest & savvy investors w.buffet & bill gates like investing in farmland now mah!
U can emulate them now too mah....!!
Quickly Buy into palmoil plantation now b4 it price shoot up mah!
Time to be a little bit more contraian in view of mkt at reasonable high level mah!
Warren buffet says inflation is definitely coming in view of low interest interest and speculative sign such as bitcoin, rubbish stock price run up sky high and unrealistic stock valuation & expectation and now raw commodities price run up mah!
Bill Gates already bought alot of farmland at low in preparation & in anticipation for the coming armmagedoom coming mah! Why would one the world tech best richest owner switch alot of his investment into farmland, this bcos farmland or value real estate if it is bought at reasonable low price, u cannot go wrong over longterm bcos the availability of land is limited, u cannot manufacture land like bitcoin mah!
Coming back to msia the equivalent to farmland is oil plantation, u still can get it real cheap & it is paying u reasonably good dividend loh...this is the best defensive & offensive play like bill gates and warren buffet had highlighted mah!
As calvin sifu said timber is at record price & palmoil at record price surely some optimism will spillover to plantation & timber share price mah!
But this up 1 to 2 sen is chicken feed mah, why up so little leh ??
Timber & palmoil share r suffering from lack of production mah and also huge impairment losses on its assets mah & previous falling share price mah! Thus they are jittery on recovery of palmoil & timber share loh!! They want to see actual profit b4 jump in loh!! That means if u base on profit...as indicator that means the share price will be lagging loh!
Then why promote Wtk leh ?? 1. The owner , directors and insiders already accumulating quietly without fanfare mah! 2. The palmoil & timber production volume of wtk, mhc, jtiasa, boustead, ijm plant already creeping up loh...this is further support by the record price of its commodities. Just imagine u have higher prices & higher volume....that will be a very important sign of higher big profit coming mah! 3. The share price already corrected over 3 yrs of downtrend previously, when there is a big shakeout of all the weak holders...u can only grow more optimistic as time past by loh! 4. Wtk is sitting on some prime land that invested at a very low cost near major town & city, they are good development mah! 5. With all the liquidity & quantitative easing & low interest rate environment, u can see big inflation will be coming loh...!! Wtk in commodities business plus very big cheap land bank is a very good inflation protector mah!
Based on the above i think wtk , jayatiasa & ijmplant is the best pick to make profit & this is concur by sifu calvin findings also mah!
promoting steel not stop already, means con man have already accumulated enough silently when he exited glove silently previously. When KYY calls to buy, you SELL. do the opposite! time and history and track has proven his modus operandi. No matter how he deny it in his latest article, when one's integrity is lost, IT IS LOST. ask the ppl in this forum esp those long enough here over the years, I can assure you at least 2/3 will say KYY is a U-turn man. trust him 1% also u can die
EatCoconutCanWin Last time kyy said glove price keep up. End up he sell all his stake. I think don't enter steel as the price is peak now n going down soon as oversupply n steel hike cool down soon 06/05/2021 12:49 PM ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
peak? learn to read a chart. if steel is oversupplied, why is it so expensive?
Uncle is treating like every steel player will enjoy huge profits. In order to enjoy profits like Leon Fuat, you need to have steel stockpile that you accumulated earlier in the year. During that time, steel price hovered between 2800 and 3200. Now the price of these has increased to 4400. If you had a lot of leftovers, then yeah, good profits... however unless steel price starts to trend downwards, you will be stuck importing high price steel from China once your stock depleted.
KYY didn't explain why steel price increase. It's due to : -steep increase in the prices of iron ore (due to China-Australia trade war, many Australian coal went to China via third countries with 70% increase in price) -strong growth in steel demand from China, the US, Europe and other emerging markets, as global markets recover from a year-long slowdown with the reopening of business activities and vaccination drive
Posted by 914601117 > May 7, 2021 11:07 PM | Report Abuse
KYY didn't explain why steel price increase. It's due to : -steep increase in the prices of iron ore (due to China-Australia trade war, many Australian coal went to China via third countries with 70% increase in price) -strong growth in steel demand from China, the US, Europe and other emerging markets, as global markets recover from a year-long slowdown with the reopening of business activities and vaccination drive
strong growth in steel demand from China, the US, Europe and other emerging markets, as global markets recover from a year-long slowdown with the reopening of business activities and vaccination drive https://www.magelang1337.com/
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3164 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Bullbursa
454 posts
Posted by Bullbursa > 2021-05-06 09:58 | Report Abuse
What about prestar? reported good QR and NTA 1.66