Posted by WantToInvest > 2020-12-08 10:51 | Report Abuse

Keep or sale?

Posted by Slumberjer > 2020-12-08 11:13 | Report Abuse

One day show only

Posted by khish24 > 2020-12-08 11:24 | Report Abuse

Buy?

Posted by annie24 > 2020-12-08 11:36 | Report Abuse

hold or sell?

Posted by Hairul Hafizy > 2020-12-08 11:39 | Report Abuse

rebound?

Posted by lwh888 > 2020-12-08 11:49 | Report Abuse

anquangan glove manufacturing, got future this hiaptek

08/12/2020 9:42 AM

Annouced??

Posted by wkkht > 2020-12-08 11:59 | Report Abuse

Wow! Rebound quickly.

Posted by Slumberjer > 2020-12-08 12:29 | Report Abuse

2nd show after lunch

Posted by Beltland > 2020-12-08 13:20 | Report Abuse

why you said one day show only ? It has been up from 26.5 cents until now and never gone down, you must be a late comer .I bought at 27 cents and still holding tight !!!!!!!!!!!

Posted by Hengoredi > 2020-12-08 13:24 | Report Abuse

This counter confirmed exceeding 1 in the very near future. Hold tight tight.

Posted by wkkht > 2020-12-08 14:02 | Report Abuse

believe it will reach RM1 this week

Posted by waimun883295 > 2020-12-08 14:13 | Report Abuse

Hoot 9 eeee. After tp 0.6

Posted by SoaringEagle63 > 2020-12-08 14:19 | Report Abuse

seems like today gonna close high..... hopefully0.58-0.60

Posted by WinWin995 > 2020-12-08 14:19 | Report Abuse

wkkht, u sure kah?

Posted by SoaringEagle63 > 2020-12-08 14:21 | Report Abuse

wkkht.... sure boh.....hahahhaha

Posted by Limitup30 > 2020-12-08 14:26 | Report Abuse

why hiapteck fly ? because of what??

Posted by Cikam > 2020-12-08 15:00 | Report Abuse

Hiaptek to supply vaccine and glove..dua dua dia buat..hamek kau

Posted by Slumberjer > 2020-12-08 15:36 | Report Abuse

Where’s the link?

Posted by Cikam > 2020-12-08 15:38 | Report Abuse

No link...aku main hentam saja..

Posted by Edi8888 > 2020-12-08 16:08 | Report Abuse

I think this coming Qr report should be very cantik..

Posted by waimun883295 > 2020-12-08 17:15 | Report Abuse

Tp 1. go go go

Posted by Davyau18 > 2020-12-08 17:33 | Report Abuse

Will it go to 0.60 by 2 days....ahhh

Posted by Cikam > 2020-12-08 17:54 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/11/28/worst-is-over-for-hiap-teck

Posted by Cikam > 2020-12-08 17:57 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/12/05/steel-sector-in-vogue

Posted by Cikam > 2020-12-08 17:58 | Report Abuse

Read this

Posted by Alvin Chan > 2020-12-08 18:03 | Report Abuse

hiaptek qr is coming. bet on it if you feel good qr. by the way it is overbought and better wait for it to calm down before enter ya

Posted by mbd550066 > 2020-12-08 21:06 | Report Abuse

QR
14/12

Posted by mbd550066 > 2020-12-08 21:08 | Report Abuse

Collect,,,,,, bro
Friday,,,,,,,, 0.60

Posted by wkkht > 2020-12-09 08:38 | Report Abuse

https://www.youtube.com/watch?v=m7FZIRE9qBE

Posted by yiqqre > 2020-12-09 08:54 | Report Abuse

As a result, earnings per share were higher at 0.76 sen for 4QFY20 against 0.37 sen for 3QFY20.

Revenue for the quarter came in at RM210.22 million, up 27.72% quarter-on-quarter from RM164.59 million.

Despite the partial reopening of the economy on May 4, Hiap Teck noted that most construction sites faced challenges restarting due to adjustments required to comply with the strict Covid-19 SOPs.

"Most of the construction sites were reported to remain idle as developers faced challenges to restart, including financial constraints, deteriorated balance sheets, initial lack of clarity over the SOPs and Covid-19 testing, and disruptions in the supply of construction materials. Social-distancing measures seemed to be more challenging to put in place, hindering post-lockdown resumption of work," it added.

It is forecast that the apparent steel consumption in Malaysia will register a decline of -8.1% to 8.7 million metric tonnes (MT) in 2020 from 9.47 million MT in 2019.

Notwithstanding that, the group said the recovery of steel demand will be more visible in the second half of 2020, supported by stimulus measures, policy rate cuts and continued progress in public projects.

The revival of the construction activities, especially infrastructure investment, as the government has put forward several new infrastructure initiatives and the continuation of large-scale infrastructure projects such as East Coast Rail Link and Bandar Malaysia projects by the government will provide lift to growth for the steel industry moving forward, it added.

Posted by Dawneagle > 2020-12-09 09:28 | Report Abuse

someone is buying huge chunks in the morning. Thats a good sign :)

Posted by anquangan > 2020-12-09 09:37 | Report Abuse

lwh888 anquangan glove manufacturing, got future this hiaptek

08/12/2020 9:42 AM

Annouced??


By this month. Watch and learn bbg

Posted by dalpinia > 2020-12-09 10:12 | Report Abuse

Eastern Steel Sdn. Bhd. (“ESSB” or the “Company”) is located on the East Coast of West Peninsular of Malaysia. It was jointly invested by Beijing Jianlong Heavy Industry Group Co., Ltd. (“Beijing Jianlong”) and Hiap Teck Venture Bhd. (“HTVB”). It was built on an industrial land measuring 1209 acre. Its main production facilities consist of a sintering plant, an iron making plant, a steel making plant and an auxiliary plant, and it has an annual production capacity of 700,000 metric tons. The principal activities of the Company are manufacturing, selling and dealing in a range of steel product, serving the Malaysian and Southeast Asian markets. In 2018, Beijing Jianlong acquired controlling stake in ESSB and commenced resumption of production within a relatively short period of half a year. Moving forward, the Company is planning to expand its annual production capacities to 5 million metric tons with the building of a fully integrated steel plant.


http://www.easternsteel.com.my/en/about.html

Posted by dalpinia > 2020-12-09 10:12 | Report Abuse

Beijing Jianlong
Beijing Jianlong Heavy Industry Group Co., Ltd. ("Beijing Jianlong") is a large-scale conglomerate group of companies comprising mineral resources, steel manufacturing, ship building, mechanical and electrical industries. The Group operating in a variety of industries covering resources exploration, mining, mineral processing, smelting, processing, mechanical and electrical products manufacturing. At present, it has 35 million tons of crude steel manufacturing and rolling capacity, ranking eighth in the world and fifth in China. It ranks 137th among the top 500 Chinese enterprises in 2020 and 50th among the top 500 Chinese manufacturing enterprises in 2020.


Hiap Teck Venture Berhad
Hiap Teck Venture Berhad was founded in 1993, it is primarily engaged in the manufacturing and distribution of steel pipes, hollow sections, scaffolding equipment and accessories, steel slabs and other steel products. It was listed on the main board of the Malaysian Stock Exchange in 2003 (stock code: 5072).Its pipe manufacturing entity, Alpine Pipe Manufacturing Sdn. Bhd., is regarded as one of the largest structural pipe and hollow sections manufacturer in Southeast Asia, with an annual capacity of 550,000MT. Its scaffold manufacturing entity, Huatraco Scaffold Sdn. Bhd., has been engaged in the scaffolding business for more than twenty years. It is one of the major suppliers of scaffolding equipment and accessories in Southeast Asia. Hiap Teck Hardware Sdn. Bhd. is a large scale iron and steel trading company. Its business involves import and export of various types of iron and steel products to end-users of various industries and projects, and cooperates with manufacturing departments to provide one-stop solution for customers.

Posted by dalpinia > 2020-12-09 10:14 | Report Abuse

Hiaptek can export the steel thru Jianlong to take up the great opportunities of China recovery economy and great demands of steel!!!

Posted by dalpinia > 2020-12-09 10:15 | Report Abuse

Hiaptek was RM1.8 in 2007

Posted by tkl88 > 2020-12-09 10:40 |

Post removed.Why?

Posted by yiqqre > 2020-12-09 11:07 | Report Abuse

show will start at noon.

Posted by dalpinia > 2020-12-09 11:18 | Report Abuse

Bought 0.515, AS price will move to RM1

Posted by waimun883295 > 2020-12-09 11:34 | Report Abuse

Dont miss the boat, tp 1 reach very very soon

Posted by LOOK009 > 2020-12-09 12:26 | Report Abuse

It will fly at noon.

Posted by ellesse > 2020-12-09 13:08 | Report Abuse

now noon already .. no fly also

Posted by harryh > 2020-12-09 13:56 | Report Abuse

tony pls buy more to push up the price...

Posted by powerup89 > 2020-12-09 16:37 | Report Abuse

just bought back 0.485...hopefully fly ....

Posted by ChickyChicky BomBOOM > 2020-12-09 17:01 | Report Abuse

just sold at 0.485，felt anxious....

Posted by waimun883295 > 2020-12-09 17:17 | Report Abuse

Any tp for WB? Possible reach 0.5?

Posted by babyface > 2020-12-09 17:50 | Report Abuse

Wait it TP 6@

Posted by BigBladd > 2020-12-09 18:39 | Report Abuse

Today Top Glove released its 1QFY2021 report. You can access the full report here.

The stock has been trading at below RM7 level for the better part of the last few weeks on a myriad of news perceived as bad. Albeit all that, the company posted a net profit of RM2.38 billion for the quarter. They have approximately 8.2 billion outstanding shares. This gives the company an EPS of RM0.29 for the quarter. Let's do a bit of calculating:

- Assume the profits don't increase (they are expected to, but we will be conservative).

- This would mean an EPS of RM1.16 for FY2021.

- This translates into a forward P/E of 6 at price RM7 (as of writing this, the price is RM6.84)

This make is one of the lowest valued stocks in the entire stock market, with only 5 companies having forward P/Es of below 6 at the time of writing this.

If we assume that a stock is fairly priced at P/E 15, this would mean that the fair value of Top Glove is RM17.40.

At the same time, one of Top Glove's main competitors in the glove manufacturing market - Hartalega, has a consensus forward P/E of about 19.5 based on its current market price.

Let's assume that the market assigns the same valuation to Top Glove as it does to its direct competitor and simiarly-sized peer Hartalega. In this case, Top Glove's market price would be RM22.62.

https://klse.i3investor.com/blogs/bursainvestments/2020-12-09-story-h1...

Posted by susuan > 2020-12-10 09:47 | Report Abuse

Why promote Top Glove here??

Posted by zyan94 > 2020-12-10 10:36 | Report Abuse

@susuan probably kyy's cronies lol