since when hiap teck mine iron ore? and since when the other steel companies you mentioned don't produce their own steel? uncle almost 90 years old still want to tell lies and mislead others? get a better life and don't be a gay boy haha.
As you can see, Genting (3182) is rising. And the reason is simple - markets are forward looking. Do not be too late to the greatest supercycle superbull run in the history of the KLCI.
It is clear with the Shanghai steel price coming down and well off the peak, that the recovery for the steel sector is not coming and may be in jeopardy
What is for sure to recover is the numbawan top pick Shure win stock of 2021 the Year of the Golden Ox Genting (3182). One only needs to look at the roads and the malls to know that the Recovery is inevitable. Mankind has, and will, forever prevail
From the bottom of my heart, I hope you will make the right decision instead of being once again too late to the party and massive growth of Genting and stuck with massive losses as you have kindly shared with all of us
To quote a line from this dubious attempt of a stock recommendation...."Its latest EPS was 4.79 sen for the quarter ending April and its ESP for its previous quarter ending January was only 2.21 sen, an increase of more than 200%. "
200% increase in profit? We obviously went to different schools :)
citadel, its actually not him posting these articles. he has an investment office called kyy capital and he hires a few staff to meet companies and write all these rubbish. very young staff, i've met some of them before. won't be nice to disclose identities but if they continue trying to cheat the public, i may do that.
I was an ardent follower of KYY but I now called him a CHEAT and a LIAR after learning the truth that he is just riding on OTB,s hard work.
From what I have read about the recommendations report of OTB to his valued clients, last week what KYY has done was to UPLIFT AND RE EDIT with his own ''saucesand spices''.
He is shameless to quote and use OTB,s name without OTB,s permission.He wants to create an IMPRESSION that OTB,S has patched up with him.
To those forumers who think OTB and KYY has patched up..this is what i have to say.
OTB being a gentleman wants to get FAR FAR AWAY from KYY but that shameless old man is still using his name. Being truthful , honest and one with a character not to pick quarrels , OTB just said LET KYY be.Karma will get him.
Forumers please use your head KYY IS NOT OTB AND OTB IS NOT KYY. They are a different kettle of fish , one is a cheat the other is out to provide genuine help to investors.
Of course qqq3333 or Antguru1 might not agree as they are they are dogs under someone LEASH.
The above article is written by me with facts and figures. Anyone can challenge me if the above article is not written 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.
Lion Industries refurbishes plant in Banting Tan Siew Mung / theedgemarkets.com
August 18, 2021 18:13 pm +08 Lion Industries refurbishes plant in Banting
KUALA LUMPUR (Aug 18): Lion Industries Corp Bhd said today its hot rolled coil (HRC) plant in Banting, Selangor is undergoing repair and refurbishment.
The plant, which has a rated annual capacity of 3.2 million tonnes of HRC, is expected to be ready to commence production in December, ramping up to full production by February 2022, the group said in a statement.
HRC is used to produce a wide range of steel products such as highway guardrails, water pipes, high pressure vessels and gas cylinders, vehicle chassis and parts, and is also used to produce cold rolled coils.
Lion Industries is also undertaking modification work at its steel plant in Pasir Gudang, Johor which produces billets, and steel bars and sections.
The plant is targeted to commence production early next year, in January or February.
It has a rated annual capacity of 720,000 tonnes for production of billets, bars and sections which are used in the construction and downstream manufacturing industries.
Lion Industries said its steel operations will continue to support the local downstream manufacturers through its supply of both flat and long steel products that are required for the country’s industrialisation programme.
The group, in its statement, stressed that the steel industry is deemed a strategic industry by the government as it supplies essential raw materials to a host of industries, thus deepening and widening the manufacturing base.
Lion Industries’ share price closed 0.5 sen or 0.89% lower at 55.5 sen, valuing the group at RM402.02 million.
Read this article to know the whole truth about chart cropping intentionally to show just the upside part and left out the downside parts by copy and paste the website at the bottom of the article... into your browser.
If someone doesn't pay their debt, along macai will harass him kawkaw and throw red paint. If KYY is really a cheat and made u lose money, why no one go after him and play along to him in Ipoh. Conclusion: KYY is not a cheat. Hahaha. 为什么这么荒唐。
Hiap Teck got good connection with China steel manufacture like Ann Joo. Most of their production capacity are export to China. Their Q result will be as good as last Q. From tomorrow onward Hiap Teck will be heading to the North. Best of luck.
I don't read his article, if u listen to his advice to sell all steel counters at rock bottom price due to mco earlier, you will lose out. At the same time Mr OTB did advised to hold on this counter base on it's good fundamental and prospect.There is no direction of his investment but use his articles to get more buying support to push up the price, newbies be careful not to chase high, he could be waiting to sell to u!
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....