A few days ago I started buying back AYS at cheaper prices. It has been going higher and higher. Now I have to buy AYS at higher price. The price continues to go up indicates trend reversal. This is best and safest buying opportunity. Koon Yew Yin
AYS mkt cap is small and big boys should be able to push the price up if they want. i also bet some and i believe my average cost is as low as uncle recent purchases...
All hardware dealers in Malaysia do not care about low steel rebar future price in China because China is no longer selling steel rebar to Malaysia anymore.
The steel rebar selling price is fixed at RM3,050 to 3,200 in Malaysia. Please read the link below. https://malaysiasteelinstitute.com/ As long as the steel rebar price is selling at or > 3,000, this note is telling us all steel stocks will perform well in the next few quarters.
Many of my followers are big hardware dealers, they tell me that the steel rebar selling price will be > RM3,000 for at least the next 6 months to 9 months. Thank you.
UK inflation hits 10-year high ahead of key Bank of England meeting U.K. inflation climbed to a 10-year high in November as consumer prices continued to soar ahead of the Bank of England's crunch monetary policy meeting on Thursday.
Further to the announcement dated 13 March 2020, AYS wishes to announce that its 90% owned subsidiary, AYS Wire Products Sdn Bhd ("AYSW"), which was placed under Members’ Voluntary Liquidation on 13 March 2020 had held its Final Meeting on 13 December 2021. The liquidators of AYSW has on 13 December 2021 lodged the necessary documents to the Registrar of Companies and according to Section 459(5) of the Companies Act 2016, AYSW will be dissolved after the expiration of three months from 13 December 2021
Recently someone recommend this video. It is 4 months old but I think it is a very good revelation of how some stock reacted when super investor buy or how was it operated. If got no time, you can skip straight to 27 minutes of the video. I think the same method was applied or should I say modus operandi.
KYY encourage margin, coz will it will help him to push up the share price...once he earned enuf, he keep selling to you, at the end, the one who use margin is suffering...better dont use margin...
I think not only margin. He pointed out that KYY use RM200M to buy jaks. Meaning he alone already can some what determine how he would like the chart to be....either uptrend or downtrend. Some as AYS??? ....hmmm...
now he is the one create the chart to look uptrend or downtrend...once he writes something on the share he choice, next day the share will drop like hell
I have both Hiaptek and AYS and also other steel stocks. I look beyond PER and EPS. I also look at the business and other FA parameters. There are 5 steel stocks with PER < 5.0. All are good stocks. Thank you.
I think uncle must have bought alot using margin. Everyday counting interest even on weekend. So he need AYS to fly soon and that why need to attract buyer. I think if AYS bound range 60c to 62c for a month, enough to make uncle sweat.....i think oni...
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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....
CharlesT
14,953 posts
Posted by CharlesT > 2021-12-14 10:18 | Report Abuse
lol...Ah Con, I like yr sense of humour