Posted by Sslee > 2021-10-06 09:46 | Report Abuse

qqq3 you can read below.

Posted by OTB > Sep 30, 2021 2:18 PM | Report Abuse

Posted by SincereInv > Sep 30, 2021 12:07 PM | Report Abuse

Just to high light that I don't agreed that the Q4 result was good.
The JV entity’s much improved performance can be attributable to the reversal of impairment loss of another RM66.15 million
which was provided in previous years. Does its mean that Without the this reversal of impairment loss this Q4 will be a loss ? Am I correct ?
-----------------------
Answer :
Actual Q4 2021 PAT of Hiaptek
Hiaptek steel plant in Klang = 11.0 million.
Eastern Steel S/B = 49.5 million (impairment gain = 66.15 million).
This information appeared in Q4 2021 result.

In Eastern Steel S/B report (100% holding)
Actual Eastern Steel S/B PAT (100%) less impairment gain = (49.5/0.35) - 66.15 = 75.28 million
75.28 million is the actual PAT of Eastern Steel S/B (100% holding) after take out 66.15 impairment gain .

Hiaptek owns 35% of Eastern Steel S/B.
35% Eastern Steel S/B PAT = 75.28*0.35 = 26.35 million.

Total Q4 2021 PAT = 11.0+26.35 = 37.35 million.

Actual PAT of Hiaptek is 37.35 million if you take out 66.15 million of impairment gain from the Q4 2021 result.

Thank you.

Posted by Everest > 2021-10-06 09:54 | Report Abuse

pat in next year 4 quater i think must be minimum 500m with demand for steel ever increasing and steel stocks are getting lower and lower as day goes by, essb increasing capacity to 3m, hiapteh might be price minimum 5

Posted by rr88 > 2021-10-06 11:02 | Report Abuse

Up half cent, down half cent.
Up half cent, down half cent.
How to go up??

You take yr shares n shove up otb ass.

I asked you to buy genetec at 1.75 you did not listen. Now 40.00 already.

Posted by OTB > 2021-10-06 11:09 |

Post removed.Why?

Posted by EatCoconutCanWin > 2021-10-06 11:57 | Report Abuse

rr88, I bought harbour, ok or not?

Posted by superman7181 > 2021-10-06 13:33 | Report Abuse

rr88 i hope you get covid and die. Thank You

Posted by Johnzhang > 2021-10-06 13:54 | Report Abuse

All steel companies will be reporting disappointing July-sept qtr results due to 1.5 months of shutdown This explains why investors are of no hurry to buy now and share price is therefore hard can go higher.

Just draw some comparison with CPO counters, plantantions have been enjoying increasing CPO price and profit for the last 3 quarters . Most plantations are now trading at 2021 prospective PE of 5-8x ( compared to historical 15-25x PE). CPO has today reached $5.100 pmt , a historic high and average for FY 2021 may be $4,500. Yet plantation counters are now trading 20-30% below their prices when average CPO was $2,800 pmt a few years back. Mind you , plantation company has strong positive cashflow and been quite generous paying dividend as compared to steel.companies ( cscsteel and Annjjoo are exception).

I think investors will pour money to palm oil sector first before steel . Investors can wait until seeing solid earning from steel companies for Oct-Dec qtr before deciding.

Posted by Just88 > 2021-10-06 14:02 | Report Abuse

Dear Mr OTB, you have touched on the positive aspects of Hiaptek. Maybe you could also highlight the potential risk factors surrounding Hiaptek. Thanks

Posted by OTB > 2021-10-06 14:22 | Report Abuse

I projected PAT for FY2022 to be 358 million, EPS of 0.206 provided the prices of iron ore and steel are at the current level or +- 10%.
The present price at 0.56, the PER = 2.71.
The downside risk is very minimal.

The share price of Hiaptek cannot perform, I have to keep my mouth shut.
Nothing much that I can do except wait patiently for the share price to move up north.
Thank you.

Posted by Just88 > 2021-10-06 14:34 | Report Abuse

Thank you. Mr OTB. What about the risk of china resuming export of steel as well as the collapse of evergrande which may dampen the demand of steel ?

Posted by OTB > 2021-10-06 14:45 |

Post removed.Why?

Posted by ojibala > 2021-10-06 14:47 | Report Abuse

Mr OTB. Based on your technical analysis, what is your target? I am also bullish on this counter. Is 0.8 achievable?

Posted by OTB > 2021-10-06 14:51 | Report Abuse

The PAT is at all time high for FY2022.
Hence the share price should break new high since the fundamentals of Hiaptek is so good.
The new high based on TA is 0.705.
Thank you.

Posted by ojibala > 2021-10-06 14:54 | Report Abuse

Nice. Thanks OTB

Posted by Jerichomy > 2021-10-06 15:03 |

Post removed.Why?

Posted by Jerichomy > 2021-10-06 15:09 | Report Abuse

Anyway, to all negative commentors if you want to get cheap ticket. Hiap tek is the best to press down due to all of you

Posted by Jerichomy > 2021-10-06 15:24 | Report Abuse

Where is @juliana dah lari ka

Posted by Jerichomy > 2021-10-06 15:50 |

Post removed.Why?

Posted by Jerichomy > 2021-10-06 16:49 |

Post removed.Why?

Posted by risktoreward > 2021-10-06 23:41 | Report Abuse

still nice ah Hiaptek. Don't be surprise if it suddenly shoot up one

Posted by DickyMe3 > 2021-10-06 23:43 | Report Abuse

Posted by Jerichomy > Oct 6, 2021 3:24 PM | Report Abuse

Where is @juliana dah lari ka

======================

Mata dia sudah juling..kikikiki

Posted by Jerichomy > 2021-10-07 09:48 |

Post removed.Why?

Posted by OTB > 2021-10-07 10:04 | Report Abuse

Please read the below link.
https://klse.i3investor.com/blogs/OoiTeikBee/2021-10-07-story-h1591936603-Hiaptek_Unearthing_the_jewel_of_the_east_part_2_updated_6_10_2021.jsp

Thank you.

Posted by fuadfoo > 2021-10-07 10:42 | Report Abuse

Mr OTB's TP for 2021 is RM1.03. This is only 3 months away. Really? for sure? How about only 75 sen, which is more realistic?

Perhaps qtr 30.10.2021[ to be announced by 31.12.2021] profit is going to be explosive and hence the high target price of RM1.03 ?

Time will tell....only 3 months. good luck !

Posted by aisyah88 > 2021-10-07 10:43 | Report Abuse

Steel stocks making a come back?

Posted by ValueInvestor888 > 2021-10-07 11:20 | Report Abuse

https://edition.cnn.com/2021/10/06/energy/india-energy-crisis-coal-hnk-intl/index.html

Perfect storm for steel and silicon producers PMB Tech

India is the second world biggest producer of silicon after China. India also one of the largest steel producers of the world. Now the world having silicon shortage as silicon price surged over 300%. Steel maybe still not yet as there are many steel producers. Let see how the energy crisis situation in China n India evolves

Posted by samadk > 2021-10-07 11:20 | Report Abuse

if can reach 80 sen already good enough.

btw. kyy diam diam lar!

Posted by ValueInvestor888 > 2021-10-07 11:21 | Report Abuse

This could be the reason why ann joo price shoot up. But Hiaptek now power...KYY holds too many shares? Operators don't want Kyy to profit too much...

Posted by Beltland > 2021-10-07 11:36 | Report Abuse

China Steel Corp (Taiwan ) 34.40 -0.65 (-1.85%)

Revenue 377.52B


52 wk Range 20.1-46.75

EPS 1.89


Volume 90,212,541

Market Cap 540.29B

Dividend (Yield) 0.30 (0.86%)


Average Vol. (3m) 107,389,106

P/E Ratio 18.56

Shares Outstanding 15,414,702,000

Next Earnings Date Oct 07, 2021



HIAPTEK 0.57
EPS 9.44 cts
P.E Ratio 6.04


Assumption : P.E ratio 9

9x9.44 =85 cts

Be Patience !!!!

Posted by TOP WIN > 2021-10-07 12:12 | Report Abuse

今年 1·03 哈哈哈！还没睡醒 。 老人家在上面 等您们呢 ！。别忘了 老人家是 保证金户口 还是一位富豪 ，他以讲明 80%资金在 HIAPTEK 。哈哈哈

Posted by albertwkm > 2021-10-07 12:19 | Report Abuse

猜一猜老人家的耐力会好么?哈哈

Posted by TOP WIN > 2021-10-07 12:20 | Report Abuse

我去买 MASTEEL - OR 申请 1 母股 +1W 本金 0·50 SEN 不到 ，只要 MASTEEL 上涨到 0·65 SEN 以上 ，就能赚一倍 。【0.43 去到 0.65】 应该会容易过 【0.56 去到 1.12 】吧 。你们讲对不对 。哈哈哈 ....................................................《 这才是真正的叫 做功课 》。

Posted by TOP WIN > 2021-10-07 12:25 | Report Abuse

为何我现在才讲 因为 【 我不想您们买 】MASTEEL-OR 昨天是最后一天 ，今天沒了 。哈哈哈

Posted by trum > 2021-10-07 12:30 | Report Abuse

Looking.

Posted by TOP WIN > 2021-10-07 12:37 | Report Abuse

为何某些人 买后 才讲呢 ！ 自己想吧 。我本人只知道 HIAPTER 今年股价市值是有史以来是最高的 。

Posted by OTB > 2021-10-07 12:38 | Report Abuse

Posted by TOP WIN > Oct 7, 2021 12:12 PM | Report Abuse

今年 1·03 哈哈哈！还没睡醒 。
----------------
You are entitled to your opinion.
I also entitle to my opinion.
Please be gentleman, please do not attack me.
Time will tell us who is right in the next 3 months.
No point to argue.
At least I dare to publish my report.
I dare to quote my facts and figures.

If disagree, show us your report.
Talk without facts and figures will not impress readers here.
Thank you.

Posted by Invest_888 > 2021-10-07 12:45 | Report Abuse

Mr OTB's link
https://klse.i3investor.com/blogs/OoiTeikBee/2021-10-07-story-h1591936...

I strongly believe Hiaptek can reach RM1.00 when the next day of the 1st quarterly financial result of 2022 is out provided that the steel price is maintained at plus/minus of 10% current level.

Posted by albertwkm > 2021-10-07 13:04 | Report Abuse

第12大马计划有个cukai karbon 不知会有影响么?

Posted by UlarSawa > 2021-10-07 14:36 | Report Abuse

why profit up price no up. Why Uncle Koon tulis blog no more power kah. Correct?

Posted by Jerichomy > 2021-10-07 14:43 |

Post removed.Why?

Posted by UlarSawa > 2021-10-07 15:57 | Report Abuse

Ya lor. Uncle koon yesterday ada tulis blog mah. Mana tau mo limit up leh. Very sad lor. Correct?


Posted by Jerichomy > Oct 7, 2021 2:43 PM | Report Abuse

Ular sawa is back haha

Posted by UlarSawa > 2021-10-07 15:58 | Report Abuse

Of course got effect lah. Else China why control leh. Correct?



Posted by albertwkm > Oct 7, 2021 1:04 PM | Report Abuse

第12大马计划有个cukai karbon 不知会有影响么

Posted by DickyMe3 > 2021-10-07 15:59 |

Post removed.Why?

Posted by UlarSawa > 2021-10-07 16:17 |

Post removed.Why?

Posted by DickyMe3 > 2021-10-07 16:22 |

Post removed.Why?

Posted by trum > 2021-10-07 16:25 | Report Abuse

Looking around

Posted by trum > 2021-10-07 16:30 | Report Abuse

Carbon Tax coming. How to up up up? Up also a bit only because of CARBON TAX.
Cry baby. Better cry earlier.

Posted by trum > 2021-10-07 16:49 | Report Abuse

Come on, final run up please please

Posted by goodiewilly > 2021-10-07 16:51 | Report Abuse

thanks sifu OTB, i got in 200K shares at 0.56. such a convincing report ..

May i subscribe to your membership and where to get in ??

Posted by goodiewilly > 2021-10-07 17:00 | Report Abuse

Noted, OTB.. email sent..thanks