Another winner from OTB! So yeah, many thanks to OTB for his free sharing! So you guys, please appreciate OTB free tips! Please don't attack him just because you want some attention!
So yeah, i could have made some big molla but i didn't as i didn't have the foresight in steel! You see, it's not easy to pick a winner way ahead of everybody else! Appreciate good free sharing!
"Projected FY2022 PAT, EPS and target price Total PAT = 89.6*4 = 358.4 million Total number of shares = 1.732 billion EPS = 358.4/1732 = 0.206 Target price if PER = 5, target price = 1.03 Target price if PER = 8, target price = 1.65 Target price if PER = 10, target price = 2.06
I believe the growth of Eastern Steel in FY2022 is > 10%, I believe the contribution from Eastern Steel may be 50 million per quarter. Hence my projection may be too conservative.
Please review and advise. Thank you."
Dear OTB Bro, you have completed "homework" better than me. Both of us are conservative, hence, the target price could be higher than our projection!
Mike and Dicky, pls help to stop responding to ular etc, make this 5 star Hiaptek forum peaceful and with useful and meaningful information sharing across abroad.
This is golden black horse with wings flying to the sky!!!
No point invest in this counter, their Glory age already OVER....better buy TOPGLOVE , Soon this counter price will back to Glory age trust us...TOPGLOVE this month will rose to price RM4.50....Come IB together we Push up the price to more higher than RM5.00. Come on MAcha!
We are here to share knowledge and to make money together. It is a waste of time to read all not related articles. I had appealed to both gentlemen to stop fighting in vain. Thank you.
" Posted by UlarSawa > Oct 17, 2021 3:43 PM | Report Abuse
Ya ke. Then you go where also kena post removed why. Meaning you are good guy. Correct? " ======================================== My post because they don't want the truth to be known. Your post pollute the forum with totally unrelated matters.
That is the difference.
Yes, I am better than you many times because I contribute with alternative opinion, but your comments are like a dog barking at passerby.
noisy here...come to these forum becomes angry as all rubbish and noises only.. sifu OTB states he does not want to post anything here anymore due to posts from that few fellows..
@OTB - Many thanks for sharing the projection. HiapTeck looking good. Folks.
Posted by OTB > Oct 16, 2021 4:16 PM | Report Abuse
Please look at my projection below. .
Projected Q1 2022 PAT I assume Hiaptek steel plant in Klang, PAT = 46.1 Million (same as Q3 2021) 35% Eastern Steel S/B, PAT = 39.5 *1.1 = 43.5 million I assume 10% growth rate for this blast furnace plant provided the prices of iron ore and steel are at current rate or +- 10% of the present rate. Total Q1 2022 PAT = 46.1+43.5 = 89.6 million.
Projected FY2022 PAT, EPS and target price Total PAT = 89.6*4 = 358.4 million Total number of shares = 1.732 billion EPS = 358.4/1732 = 0.206 Target price if PER = 5, target price = 1.03 Target price if PER = 8, target price = 1.65 Target price if PER = 10, target price = 2.06
I believe the growth of Eastern Steel in FY2022 is > 10%, I believe the contribution from Eastern Steel may be 50 million per quarter. Hence my projection may be too conservative.
" Posted by UlarSawa > Oct 17, 2021 3:43 PM | Report Abuse
Ya ke. Then you go where also kena post removed why. Meaning you are good guy. Correct? " ======================================== My post deleted because they don't want the truth to be known. Your post pollute the forum with totally unrelated matters.
That is the difference.
Yes, I am better than you many times because I contribute with alternative opinion, but your comments are like a dog barking at passerby.
Will China retaliate with anti dumping from Msia later. Wait n see later any news from China later. Correct?
KUALA LUMPUR: The government will impose anti-dumping duties on imports of cold-rolled coils of alloy and non-alloy steel of a thickness between 0.20 millimetres and 2.60 millimetres and width between 700 millimetres and 1,300 millimetres originating or exported from China, Republic of Korea (South Korea), and Vietnam.
The duties imposed are between 7.42 per cent and 42.08 per cent.
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....
EatCoconutCanWin
6,698 posts
Posted by EatCoconutCanWin > 2021-10-16 12:25 | Report Abuse
Buy at 0.6 correct?