Posted by OTB > 2021-07-17 11:12 | Report Abuse

I am sorry, I do not know to attach my FA report.
I will get someone to help me later.
Thank you.

Posted by simonc > 2021-07-18 11:13 | Report Abuse

https://www.bloomberg.com/news/articles/2021-07-18/record-steel-prices-inject-life-into-long-suffering-industry?srnd=premium-asia

Posted by OTB > 2021-07-18 20:15 |

Post removed.Why?

Posted by ahbah > 2021-07-19 09:41 | Report Abuse

Yes Sir.

Posted by ELLIPSE08 > 2021-07-19 13:42 | Report Abuse

Sifu is desperate when he sees price can not perform .

without KYY money it is hard to move the price .for the benefit of your subscribers, sifu should not compete with uncle, should work with him to goreng.

if we talk about FA ,isn't Jaks is thousand time safer than Hiaptek. Jaks has guaranteed net income of 200M for 25 years, covid -proof and recession proof . Hiaptek income is non consistent. in term of FA Hiaptek has nothing to shout.

if newbies were to invest in hiapteks , never believe sifu gong-gong hold (hold tight-tight) strategy . in fact ,should do your bet based on TA strictly . when the chart tells you to sell , you must comply even though it is a cut loss. because sifu strategy is TA first FA later . so the call to hold for long term is very misleading. and it was proven in the market many times, sifu determination to hold for long term never long live to the period called . do not believe blindly .

Posted by ELLIPSE08 > 2021-07-19 15:44 | Report Abuse

when you see so many reasons for the steel price to go up , then there are equally that many of reasons for it to goes down .

so there is nothing news to shout about the FA .

but TA ,currently it is indeed a good buy

Posted by ELLIPSE08 > 2021-07-19 15:49 | Report Abuse

but do not gong-gong follow sifu to hold and wait until 1.03. it is too dangerous a game to play in this way . do not hesitate to cut loss/cut win once the price drop below yesterday low . this one sifu will never tell you but he will quietly do it first

Posted by Glaceau > 2021-07-19 23:43 |

Post removed.Why?

Posted by Bgt 9963 > 2021-07-20 08:43 |

Post removed.Why?

Posted by OTB > 2021-07-21 09:10 |

Post removed.Why?

Posted by OTB > 2021-07-26 08:58 |

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Posted by OTB > 2021-07-26 09:01 |

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Posted by OTB > 2021-07-26 09:11 |

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Posted by OTB > 2021-07-27 09:57 | Report Abuse

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 OTB > 2021-07-30 23:17 | Report Abuse

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.

Posted by OTB > 2021-07-30 23:21 | Report Abuse

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.

Posted by stockraider > 2021-07-31 08:25 | Report Abuse

Be steady lah....on bjcorp & bjland lah....go for longer term loh!

Just invest like raider base on fundamental....u can be rich loh!

Posted by OTB > 2021-08-02 09:00 | Report Abuse

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.

Posted by OTB > 2021-08-02 09:02 | Report Abuse

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.

Posted by OTB > 2021-08-11 10:02 |

Post removed.Why?

Posted by bigprice > 2021-08-22 14:50 | Report Abuse

Worth to buy now. Downside limited

Posted by OTB > 2021-08-30 09:52 | Report Abuse

This article is written by me with facts and figures.
I invest in this stock as a long term investment.
I do not care about short term price fluctuation, I will hold this stock until September 2022 to win big.
The downside risk is small and huge upside if foreign funds or local institutional funds are buying.
The share price will increase slowly because the paid up capital is big.
Thank you.