Posted by de_investor > 2021-10-28 21:17 | Report Abuse

waiting for LU...

Posted by goodiewilly > 2021-10-28 21:30 | Report Abuse

Sifu OTB, i really salute to you. Klee so much bad mouth on you yet you still provide such a long lesson for him of how to invest into stock market and cautious of risk and consequences (of course we are good listeners too into share investments) .

God sure blessed you of your kind heart as an honorable gentleman and sifu.

Posted by goodiewilly > 2021-10-28 21:38 | Report Abuse

The general knowledge of global development, coal shortages, electricity shortages and steel demands on post pandemic will tell you what to look at.

Government intervention shall be temporary and may not last long.
Watch the Youtube you then know how difficult the life of majority Chinese in China now, in terms of shortage of coal and electricity and inflation due to that affect their daily life.

To boost GDP in China, developments in major scale are to continue. Steel demand are always there. However supplies are getting lesser due to manufacturing curbs.

Until end of 2022, you shall see high steel demands throughout the world, hopefully by then the supplies pick up well.

I got in another 100K shares of Hiaptek again today.

Posted by OTB > 2021-10-28 21:58 |

Post removed.Why?

Posted by henrychin > 2021-10-28 22:07 | Report Abuse

I totally agreed with your recommendation Mr Ooi.

Posted by HuatRex > 2021-10-28 22:31 | Report Abuse

And provided not reach his cut loss. Once trigger whatever analysis he will just sell.

Posted by takaje > 2021-10-28 22:37 | Report Abuse

IMO don't play margin, no need to worry. Uptrend is not invalidated yet. Margin player is either on the edge or already wiped out with 12% dip.

Posted by BlessedInvestor > 2021-10-28 22:59 | Report Abuse

aluminum and other commodities rebounding in US and Europe mkt.

I do not think China govt can control commodities prices. They may be able to control coal prices by being the largest producer in the world, but not commodities like aluminium, oil etc.

Posted by kimpau > 2021-10-28 23:01 | Report Abuse

my friend working in Hiaptek. business damn good.

Posted by kimpau > 2021-10-28 23:01 | Report Abuse

my friend told me they follow price in Malaysia, which is about rm3000 to rm3500.

Posted by kimpau > 2021-10-28 23:02 | Report Abuse

my friend said hiaptek also can have handsome profit when the steel price malaysia is rm2500 only.

Posted by kimpau > 2021-10-28 23:02 | Report Abuse

top mgmt said 0.5x is cheap.

Posted by Zrenxy > 2021-10-28 23:08 | Report Abuse

Hiaptek going down back to rm0.50, chart say so, kyy will throw once chart downtrend like this

Posted by Zrenxy > 2021-10-28 23:09 | Report Abuse

Go buy karyon far better

Posted by Beltland > 2021-10-28 23:12 | Report Abuse

Posted by Beltland > Oct 28, 2021 11:12 AM | Report Abuse X

Beltland The sell down was overdone , not to worry, will rebound back once the doubtful issues are clear off !!!
28/10/2021 12:21 AM

Hold Tight !

Posted by Beltland > 2021-10-28 23:23 | Report Abuse

Dow Jones Iron & Steel (DJUSST)
NYSE


398.17 +4.67 (+1.19%)
11:15:21
-
Delayed Data
.
Currency in
USD

prevous Close:
393.5
Bid/Ask:

Day's Range:
395.25 - 400.33

Dow Jones Iron & Steel

Rebound !

Posted by warrenchok90 > 2021-10-29 00:49 | Report Abuse

company outlook is good... just wait patiently for tp to entry... I been observing this company since last week.

Posted by warrenchok90 > 2021-10-29 00:55 | Report Abuse

try to buy at your comfort price ... once you believing in the company.. buy then hold... earn or loss own decisions...

Posted by Johnchew5 > 2021-10-29 01:09 |

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Posted by Johnchew5 > 2021-10-29 01:10 |

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Posted by Johnchew5 > 2021-10-29 01:13 |

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Posted by Johnchew5 > 2021-10-29 01:16 |

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Posted by Johnchew5 > 2021-10-29 01:17 |

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Posted by Johnchew5 > 2021-10-29 01:18 |

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Posted by Want2MakeMoney > 2021-10-29 01:20 | Report Abuse

Write so much about Glove, you asking to buy or sell or blame OTB ? hahaha

Posted by Johnchew5 > 2021-10-29 01:27 |

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Posted by Want2MakeMoney > 2021-10-29 01:59 | Report Abuse

https://finance.yahoo.com/news/global-steel-august-production-slips-121912215.html

ArcelorMittal has expected earnings growth rate of 1,776.6% for the current year.
Nucor has expected earnings growth rate of 534.4% for the current year
U.S. Steel has expected earnings growth rate of 381.2% for the current year.
Steel Dynamics has expected earnings growth rate of 431% for the current year.
Ternium has expected earnings growth rate of 460.6% for the current year.

Big boys metal companies will do well. Hiap Teck would not do well next few quarters based on last few quarters result ? I believe it will do well

https://www.worldsteel.org/steel-by-topic/statistics/short-range-outlook.html

World Steel association 2021 World Demand Forecast 1855.4Mt , 2022 World Demand Forecast
1896.4Mt. Demand will move up from 2021 to 2022
China the biggest consumer , demand in 2022 forecasted to be the same as 2021


China also the biggest producer of Steel, if cut supply all the way till March 2022, that would have impact on world supply


Based on statistics and facts, I am buying past few days when price came down.
It might come down again on Friday, I don't know as not easy to time the market.
I have confidence Hiap Teck will do well.

Holding minimum 6-9 months. If I am wrong in the end, it was my decision based on facts and figures and not following anyone blindly that I will blame anyone.

Posted by warrenchok90 > 2021-10-29 02:40 | Report Abuse

actually hiaptek was good.. not fully your or those sifu wrong... just never thought the steel price going down drastically... sometimes

Posted by warrenchok90 > 2021-10-29 02:46 | Report Abuse

now is good for those had cash can wait for lower price and entry.. I still waiting by the way..

Posted by Colgate > 2021-10-29 05:09 | Report Abuse

Follow the money

Posted by OTB > 2021-10-29 07:00 |

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Posted by abang_misai > 2021-10-29 07:03 | Report Abuse

Ya. Promote cepat promote.

Posted by OTB > 2021-10-29 07:31 |

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Posted by Johnchew5 > 2021-10-29 07:34 | Report Abuse

Friday , 29/10 .. Oct 27 , T+2 balance = 58.3 mil ..with price range 0.57 to 0.66 .

Lets see today traded volume ....

Posted by paktua73 > 2021-10-29 08:39 | Report Abuse

morning..
today paktua n team prepare some fund..
we will swallow more
and we set range between rm0.48-0.43(if can hit laa)
even we know its bit hard..
but whi know...

here we play long will hold till early next year..
if die let die fight..if earn let earn fat..


tut tut
we dare to fight or die try..
if we burn let we burn after fight

Posted by Hilmi22 > 2021-10-29 08:55 |

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Posted by alan55 > 2021-10-29 08:55 | Report Abuse

when durians opened already, the price must drop to find buyers....Hiaptek is no difference. The more KYY and his gurus talk about it, the more price will drop. Good luck

Posted by Bizfuneng > 2021-10-29 08:57 | Report Abuse

Good, I flw.

Posted by Iewis888 > 2021-10-29 08:58 | Report Abuse

China curb steel production till Mar 2022. How about after Mar 2022? Will it flood the market again with a lot of steel? If yes, the steel price will collapse at that time. Stock price always reflect 6 months ahead. Just like glove counter, before ASP drop, share price already peak at even 9 months ahead. Anyone have info of China government policy after Mar 2022?

Posted by Johnchew5 > 2021-10-29 09:01 |

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Posted by Colgate > 2021-10-29 09:03 | Report Abuse

You have a point here.


Iewis888 > China curb steel production till Mar 2022. How about after Mar 2022? Will it flood the market again with a lot of steel? If yes, the steel price will collapse at that time. Stock price always reflect 6 months ahead.

Posted by skyjet > 2021-10-29 09:04 | Report Abuse

Steel price rebound strongly today.

Posted by Johnchew5 > 2021-10-29 09:06 |

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Posted by skyjet > 2021-10-29 09:12 | Report Abuse

Steel price rebound strongly from bottom, is good time to buy back steel stocks.

Posted by takaje > 2021-10-29 09:19 | Report Abuse

Likely it's a washout of weak hands. Margin players were unexpectedly liquidated because over leveraged, forced selling by banks. Have to thank them for the cheap price again. I added at .56. I believe in the fundamental will support the price.

Posted by Johnchew5 > 2021-10-29 09:26 |

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Posted by warrenchok90 > 2021-10-29 09:27 | Report Abuse

lol paktua abit greedy huh hahaha 0.48-0.43

Posted by warrenchok90 > 2021-10-29 09:27 | Report Abuse

I bought bit at 0.565

Posted by Dcmh > 2021-10-29 09:28 | Report Abuse

Paid to promote everyday

Posted by skyjet > 2021-10-29 09:33 | Report Abuse

Big fund will buy back Hiaptek, buy before they buy back.