Posted by bobbytwc > 2021-08-13 13:13 | Report Abuse

Good

Posted by tehka > 2021-08-13 13:23 | Report Abuse

Hope you can patch things up with Mr Ooi uncle.

Posted by calvintaneng > 2021-08-13 13:24 | Report Abuse

Don't quarrel over Steel

USA $1 Trillions huge infrar dev will need lots of heavy duty steel bars especially long steel by Masteel

But that will still need time for Congress approval

For now the imminent focus should be Palm Oil bull run time 1st and foremost

Posted by Sslee > 2021-08-13 13:54 | Report Abuse

Just remember when you point a finger at someone, there are three fingers pointing back at you.

Posted by stockraider > 2021-08-13 14:27 | Report Abuse

Rubbish mah!

If USA 1.2 trillion go ahead, the requirement of steel will be source from USA steel manufacturers mah!

All of u R dreaming that USA will source steel from Leon Fuat, Masteel, Hiap Tek...it is just all rubbish....the steel demand of USA will come to msia for sourcing loh!

Posted by mrbusiness > 2021-08-13 14:31 | Report Abuse

@stockraider
China reduces steel export, USA need more steel. Global steel demand increase --> global steel price rise together.

Posted by mrbusiness > 2021-08-13 14:32 | Report Abuse

https://legacy.trade.gov/steel/countries/pdfs/imports-us.pdf

Posted by ValueInvestor888 > 2021-08-13 15:34 | Report Abuse

Msian steel companies also exported steel to US currently, though quantities are small. Can become big if demand increases.

Posted by ValueInvestor888 > 2021-08-13 15:36 | Report Abuse

Currently, Ann Joo, Eastern Steel, Masteel exported a lot to China due to great demand there. You check with those worked in steel companies you will know lah. Must do homework before investing

Posted by SpartanXoXo > 2021-08-13 15:38 | Report Abuse

post la hateful emails to entertain us bursa is so boring lately

Posted by ValueMe > 2021-08-13 15:42 | Report Abuse

These days I dont read con yy articles. Wasting time. I stick to my golden rule:

If con yy promotes any stocks and if I happen to hold any stocks of his recommendation, I quickly sell.

Posted by SpartanXoXo > 2021-08-13 15:43 | Report Abuse

thats a very good reverse indicator haha

Posted by stockraider > 2021-08-13 15:47 | Report Abuse

msia kicimiao steel exporter...most of the time importer mah!

Export to china given mah....bcos eastern steel own by china mah....also kuantan port very near china loh!

Posted by ValueInvestor888 > Aug 13, 2021 3:34 PM | Report Abuse

Msian steel companies also exported steel to US currently, though quantities are small. Can become big if demand increases.


Posted by ValueInvestor888 > Aug 13, 2021 3:36 PM | Report Abuse

Currently, Ann Joo, Eastern Steel, Masteel exported a lot to China due to great demand there. You check with those worked in steel companies you will know lah. Must do homework before investing

Posted by patrico8 > 2021-08-13 16:10 | Report Abuse

Love hate relationship. Just like the movie, Gone with the wind. Yawn..

Posted by bzeew > 2021-08-13 16:21 | Report Abuse

The new Miss Universe is ...

Posted by qqq3333 > 2021-08-13 16:57 | Report Abuse

Iron ore prices peak in May and people jump into steel shares.............now, iron ore into bear territory 30% off......people talk about Biden.......lol.....u mean iron ore players don't know Biden meh?....people play quarter profits of hiaptek or played by quarter profits?

Posted by qqq3333 > 2021-08-13 17:04 |

Post removed.Why?

Posted by qqq3333 > 2021-08-13 17:13 | Report Abuse

the most basic, the most fundamental issue is.......steel got demand meh? bad debts among steel players will kill them already if nothing else will. The more they sell, the worse it becomes.

Posted by qqq3333 > 2021-08-13 17:16 | Report Abuse

stock punters remain stock punters. cannot stop and cannot change. make more lose more is the only ending.

Posted by i3lurker > 2021-08-13 17:21 | Report Abuse

thats why the smart people point with 10 fingers and 10 toes so that nothing points back.
start jumping too.....

just go see more Chinese ghost movies

Posted by Sslee > Aug 13, 2021 1:54 PM | Report Abuse

Just remember when you point a finger at someone, there are three fingers pointing back at you.

Posted by qqq3333 > 2021-08-13 17:22 | Report Abuse

the whole country is suffering, stock punters go and punt steel stocks as if nothing is happening, no covid, no one is suffering.

stock punters live in their own little world.

Posted by qqq3333 > 2021-08-13 17:36 | Report Abuse

steel counters and hard assets like steel manufacturers are the worse place to put money.

a lot of local funds with a lot of cash are finding it hard to invest logically and professionally on a value/ earnings PE basis. The traditional link is broken and systematic risk is high.

what remains is technology shares that still attract local funds to park their money that they have to invest.

hard assets like steel shares? this is only for stubborn people., unrealistic people, people divorced from reality.

Posted by Tiger66 > 2021-08-13 17:49 | Report Abuse

Old man has no idea and clueless, pi mai pi mai back to hiaptek. His golden rule cannot pakai already.

Posted by Sslee > 2021-08-13 19:01 | Report Abuse

About 1 year ago, when I posted my article about my cut loss sale of Jaks.

KYY even cannot recall when he sold JAKS.

https://klse.i3investor.com/m/blog/koonyewyinblog/2018-12-08-story185767-JAKS_My_Most_Expensive_Mistake_Koon_Yew_Yin.jsp

JAKS - My Most Expensive Mistake - Koon Yew Yin
Author: Koon Yew Yin Publish date: Sat, 8 Dec 2018

Based on our average selling price of 80 sen, our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me.

Posted by Sslee > 2021-08-13 19:05 | Report Abuse

Haha i3lurker,
I actually use my thumb to point at people so that four fingers pointing back at me.

Posted by straightarrow > 2021-08-13 19:09 | Report Abuse

Sifu OTB said wait till Sept 2022 to see results

Posted by CharlesT > 2021-08-13 19:19 | Report Abuse

Posted by Sslee > Aug 13, 2021 7:01 PM | Report Abuse

About 1 year ago, when I posted my article about my cut loss sale of Jaks.

KYY even cannot recall when he sold JAKS.

https://klse.i3investor.com/m/blog/koonyewyinblog/2018-12-08-story1857...

JAKS - My Most Expensive Mistake - Koon Yew Yin
Author: Koon Yew Yin Publish date: Sat, 8 Dec 2018

Based on our average selling price of 80 sen, our average purchase price of Rm 1.20 per share and our total holdings of 160 million shares, we have lost Rm 64 million. Coincidently this is the 64 million $ question many people have asked me.

U r now officially No 1 Fan of KYY.....U defeated me....

Posted by trum > 2021-08-13 19:26 | Report Abuse

Muka tebal. Apa boleh buat?
My son sikit buat salah pun dah malu.

Posted by qqq3333 > 2021-08-13 19:34 | Report Abuse

hard assets vs soft assets...........

soft assets remains investible because there are lots of stuffs can still hope.....and imagine....


hard assets? hard assets like steel companies, no room for imagination, too transparent, too ugly and too uninvestable.

Posted by OTB > 2021-08-13 19:50 |

Post removed.Why?

Posted by anthonytkh > 2021-08-13 20:25 | Report Abuse

Mr Ooi, with all due respect… just don’t comment anymore re your story with him. Smart folks will wade thru the mud. Your rep is not important. Most investors/traders have a brain

Let it be. Make money. Contact/advise your clients privately. Forget this forum. IGNORE

Posted by OTB > 2021-08-13 20:31 | Report Abuse

Dear anthonytkh,
Thank you for your advice.

Posted by straightarrow > 2021-08-13 22:01 | Report Abuse

sifu OTB need to defend himself against all these people telling lies against him.

Posted by straightarrow > 2021-08-13 22:06 | Report Abuse

Foreign investors reading this tread has to understand what is the truth.

Posted by RJ87 > 2021-08-14 01:17 | Report Abuse

KYY, can share the content of OTB email to substantiate ur accusation?

U 2 how old already? Still need public approval as if u r presidential candidate?

If I am at ur age. I rather make more friends than enemy. Afaik, i probably dont have many left.

Posted by Tobby > 2021-08-14 01:33 | Report Abuse

I have warned OTB for the longest time not to trust Grandpa Koon! But i guess he admired Grandpa Koon buddha's ear so much that such advise gone to the drain! However, only recently OTB unfriend Grandpa Koon!
They say becareful keeping snake as a pet, she may bite your bite out of love! Or hate!
If you see a snake standing beside Grandpa Koon, you better whack him with that snake! At least you kill 2 old nasty with a single stroke!

Posted by KingKong_Doll > 2021-08-14 08:09 | Report Abuse

After so many round of promotion, the price still hovering this level. Unless uncle pump in money, there wun be much upside but if uncle decide to leave the table, i wonder what happen, which eventually will happen.

As he already said "to help ourselves and investors make more money from the stock market". See the keyword there? ourselves and then oni investors. So u all panlai panlai le

Posted by Jack Khan > 2021-08-14 09:37 | Report Abuse

Hello both of your age add up almost 150years old! Stop attacking each other! We would like to listen to both side there is no right or wrong!

Posted by OTB > 2021-08-14 10:49 |

Post removed.Why?

Posted by abang_misai > 2021-08-14 13:06 | Report Abuse

Both otb & KYY sama saje. To make money, don’t trust anyone.

Posted by OTB > 2021-08-14 14:53 |

Post removed.Why?

Posted by OTB > 2021-08-14 14:57 | Report Abuse

Posted by KYYsucks > Aug 14, 2021 2:53 PM | Report Abuse

Dear OTB, KYY bad mouth u. surely u won't let him do this to u. reply him.
---------------------
No more relationship between us, I do not wish to reply to him.
I will run far ... far ... away from him.
I will ignore him totally.
Thank you.

Posted by abang_misai > 2021-08-14 14:58 | Report Abuse

haha. u managed people fund. When there is a good opportunity, you used your fund to buy first and use clients' funds to buy at higher price.

When things turn not quite right, you sold your shares first and sell your client shares at lower price.

I have heard lots of complaints from your OTB's client.

Posted by OTB > 2021-08-14 15:10 |

Post removed.Why?

Posted by abang_misai > 2021-08-14 15:20 | Report Abuse

ok noted

Posted by OTB > Aug 14, 2021 3:10 PM | Report Abuse

You are not my client, hence you have no right to complain here.

According to rumour, I heard abang_misai cheated a lot of girls.
He also steals money from his neighbour (Rumour only).

Heard is not proof, I also heard but I dare not confirm.
I said it is rumour only.

Posted by stockwin > 2021-08-14 15:29 | Report Abuse

Uncle KYY and OTB, now that both of you are on the same page, no need to fight already. [ Of course after KYY agreed with OTB that Hiap Teck is a miss universe stock ]
Keep promoting with new info until RM1, then we will sell.

Posted by abang_misai > 2021-08-14 16:27 | Report Abuse

Haha. Otb so childish. What i said is true story from your client who pissed off with the way you managed.

Posted by abang_misai > 2021-08-14 16:36 | Report Abuse

I don't blame you OTB. That what the normal fund managers will ro.

If the shares are so good, surely we use own money to buy first. Buy early means we buy at cheaper prices. Then, if we deploy our client money to buy the same shares, often at higher prices.

If it drops, we can use clients money to buy to support price. If things turn sour such as bad results, of course we will sell our own share first then followed by the shares owned by clients often at lower prices.

That's normal and ok because clients do not know this trick

Posted by SpartanXoXo > 2021-08-14 16:42 | Report Abuse

sdfsdf

Posted by OTB > 2021-08-14 17:01 |

Post removed.Why?