Posted by MoneyMakers > 2021-11-02 16:03 | Report Abuse

Super low volume..steel price alrdy crash..goreng over waiting to dump

Posted by winwin88888888 > 2021-11-02 16:04 | Report Abuse

Believe in Hiaptek okay~~ later last 30 minutes shoot up~ all body terkejut hahahaha

Posted by MoneyMakers > 2021-11-02 16:12 | Report Abuse

Pray lo can get last minute shoot up even when coal/iron price crash 30%/15% in 1 day

Posted by MoneyMakers > 2021-11-02 16:12 | Report Abuse

Other asia regional steel stocks all deep red

Posted by Tobby > 2021-11-02 16:15 | Report Abuse

Still have some margin selling today!

Posted by ValueInvestor888 > 2021-11-02 16:18 | Report Abuse

i think OTB is betting that there is fundamental change in steel supplies over long term due to china cut down non efficient steel mills due to environmental problems. Look at Pmetal, also in commodity, its mkt cap has increased from a mere 5b to today's near to 50b. Hiaptek also has such growth potential... and malaysia has two cost leaders in steel rebar mills, ie Ann Joo and Hiaptek's Eastern Steel.

Posted by ValueInvestor888 > 2021-11-02 16:24 | Report Abuse

https://research.rhbtradesmart.com/view-file/hash/5156292185449663460c6d303b97ff?NO_CACHE=c070eae4985a439e43c9324dbbe999c0

Posted by ValueInvestor888 > 2021-11-02 16:25 | Report Abuse

Hiaptek expansion plan...

“Following the completion of the new coke oven plant by the second quarter of 2021, which will further reduce production costs, the group aims to increase Eastern Steel's production capacity from 700,000 tonnes per annum to two million tonnes per annum by 2024, ” says Foo

https://www.thestar.com.my/business/business-news/2020/11/28/worst-is-over-for-hiap-teck#:~:text=%E2%80%9CFollowing%20the%20completion%20of%20the,by%202024%2C%20%E2%80%9D%20says%20Foo.

Posted by takaje > 2021-11-02 16:26 | Report Abuse

PMETAL up close to 1.6%. Steady saja. Tomorrow Hiaptek will see some action.

Posted by neWbie606 > 2021-11-02 16:30 | Report Abuse

Hope so @takaje ... :)

Posted by ValueInvestor888 > 2021-11-02 16:32 | Report Abuse

Press Metal Mkt Cap : 2015 RM 5b, Current Mkt Cap RM 45b

Must not forget PMB Tech... Pmetal sister company, silicon producer, current mkt cap about RM 3b only. Also have another 2 stages of expansion plan to double the capacity... Will it become next Pmetal?


Hiaptek, expansion plan from 700kMT to 1.5m MT next year...

Posted by Hilmi22 > 2021-11-02 16:32 |

Post removed.Why?

Posted by takaje > 2021-11-02 16:33 | Report Abuse

@neWbie606 Trade ur plan. Don't follow anyone including me.

Posted by awankign007 > 2021-11-02 16:34 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/11/02/iron-ore-tumbles-as-chinas-curbs-on-steel-output-roil-market

Ini kali la end story

Posted by awankign007 > 2021-11-02 16:34 | Report Abuse

still live in fantasy world TP 1-2?

Posted by MoneyMakers > 2021-11-02 16:35 |

Post removed.Why?

Posted by MoneyMakers > 2021-11-02 16:37 |

Post removed.Why?

Posted by Colgate > 2021-11-02 16:40 | Report Abuse

SC seeks assistance to locate Asia Media's former MD
KUALA LUMPUR: The Securities Commission is seeking information and assistance from the public to locate the whereabouts of Ricky Wong Shee Kai, the former managing director and CEO of Asia Media Group Bhd.

Arrest Warrant out to this person, trouble and ever again in Bursa black record.

Posted by winwin88888888 > 2021-11-02 16:40 | Report Abuse

too many 散户 selling~

Posted by winwin88888888 > 2021-11-02 16:41 | Report Abuse

they do not see the value in hiaptek~

Posted by Tobby > 2021-11-02 16:41 | Report Abuse

Actually the crash of iron ore is godsend for steel producers! Cheap raw material, fat profit! It's like paying few cents to get few dollar! Just look at it, cheap iron ore but steel price sky high!

Posted by takaje > 2021-11-02 16:44 | Report Abuse

Fibo extension 1.618 off the top u'll get 0.52. Wait see lah. Still got some room for a bit lower or rebound tomorrow. I will burn more incense tonight.

Posted by winwin88888888 > 2021-11-02 16:44 | Report Abuse

hahaha~ hairan what price it close ald 0.555 or 0.56?

Posted by Colgate > 2021-11-02 16:49 | Report Abuse

MY HOPE , it is TODAY ...NASDAQ future another day break record HIGH , CATALYST GAIN.

Posted by Colgate > 2021-11-02 16:51 | Report Abuse

WILL RISE , please not too worry , WHALES is even want the rise , not you alone.

Posted by Colgate > 2021-11-02 16:53 | Report Abuse

SIMPLE THEN SIMPLE , up thrust time , MAJORITY is them , market chips , all in their hand , THEY , WHALES itself holding the expensive CHIPS

Posted by Colgate > 2021-11-02 16:56 | Report Abuse

My Support yearbook is the best way for the future millionaire to believe that the money game plan for this Lions are already going Up and Up.

Posted by Colgate > 2021-11-02 16:58 | Report Abuse

Now you can buy the item for your money when you have money. No worries. No big down. Safe travels from here today

Posted by Colgate > 2021-11-02 16:59 | Report Abuse

Green green tea with green Giant will blessing you from here. Can buy this stock up up and Up. No worries about this.

Posted by Colgate > 2021-11-02 17:02 | Report Abuse

that once i can contributed my point , lately they average pressing down , not much gain for them to average the HIGHER PRICING which they are holding , THEY also aim higher. No worries about this.

Posted by Colgate > 2021-11-02 17:04 | Report Abuse

Wise man said: Where there is Iron, There is Rust. Solution: Applied Oil, then No more Rust. Meaning, must more knowledge helping your Shortcomings dissolved with Sifu helping here. Or else Pest Forces come to help themselves here.

Posted by Colgate > 2021-11-02 17:05 | Report Abuse

Wise man said: Where there is Iron, There is Rust. Solution: Applied Stainless Steel technology , then No more Rust.
Meaning, Be prepared for your added skills for help yourself and ownership the certificates of Iron turned out to better real Gold. No Iron confiscated from your foolishness. Pests Deceptions here are also Really Real, make confusing false news Irish Irrelevant Steel Prices.

Posted by takaje > 2021-11-02 17:07 | Report Abuse

Colgate u talk like fortune teller. Tomorrow up or not?

Posted by Johnchew5 > 2021-11-02 17:09 |

Post removed.Why?

Posted by Johnchew5 > 2021-11-02 17:13 |

Post removed.Why?

Posted by Colgate > 2021-11-02 17:14 | Report Abuse

I am chanting Mantra here. I sent Spells from High Mount Fuji. No worries about this. Only Evil Pests shivering from my chanting Mantra. So fast Efficient Effects on Black Pests here.

Posted by Johnchew5 > 2021-11-02 17:17 |

Post removed.Why?

Posted by neWbie606 > 2021-11-02 17:21 | Report Abuse

LoL @takaje... (Colgate u talk like fortune teller. Tomorrow up or not?)

ok, ok, will also burn some incense tonight! LoL

Posted by Colgate > 2021-11-02 17:28 | Report Abuse

Japanese believe that animism, Spirits, Demons, Evil Ghosts plenty on Earth. Political parties asked for spells to Opponents. Evil tricks Win Erection in Japon here. Practicing Spells on black hearts pests are welcome in Japon. Japon no fear War. Japon people fear Black Spelll only. Can be sent online to opponents.

Posted by straightarrow > 2021-11-02 17:49 | Report Abuse

Colgate = goggle translate = zen2 wakarimasen (confusing text)

Posted by goodiewilly > 2021-11-02 17:51 | Report Abuse

Coal and steel prices are controlled by China government. PM Lee office has been blamed for the recent power and coal shortages happened in China. He has put up all efforts to manage the supplies and control the prices of coal and power as well as steel.

The recent news of fuel shortage including petrol and diesel shortage in China has caused heavy inflation of prices of all kinds. Question raised: if trucks got no diesel, how to transport coal ? How to get cheap coal as raw materials for power generation and steel production ?

If your cost of extraction of coal and power generation including transportation costs are higher, will you sell at a loss to the market ?
The answer in China is YES, but very limited quantities to fulfill country requirements. High price is in black market.

Only in China, can Political control business prices and supplies.

Lets see how long it takes when winter comes, when supplies cannot meet demand in China ??

Lets see how long it takes to match US prices with China.

I think the November and December QR announcements for most of the steel companies are SUPER GOOD.

May be the above i shall get some news or some reports out, please do your own researches of what happened in China now, instead of looking only the spot or future prices of steel to decide the fate of steel stocks.

PM Lee office is blamed and PM Lee most trustworthy officer was sacked.

Posted by neWbie606 > 2021-11-02 17:52 | Report Abuse

Sorry, can't help laughing. Some of the comments are really funny (witty) ...

Posted by goodiewilly > 2021-11-02 17:57 | Report Abuse

I am subscriber of sifu OTB, i follow sifu advice.

Sifu said December announcement of performance of Hiaptek from August to October be super good. i trust his projections.

I only read lots of quarrels and accusations and poisoning over these forum and price fell from 0.70.

Posted by goodiewilly > 2021-11-02 17:59 | Report Abuse

https://www.youtube.com/watch?v=Z8poa67Ijpk
free time to listen 掌摑李克強 大管家被炒！繼煤後輪到缺柴油 菠菜貴過豬肉！缺柴油難運煤 東北變相又缺煤供暖！保暖費漲50% 100%？

Posted by Colgate > 2021-11-02 18:00 | Report Abuse

自分の身の回りのことは自分でするようにしましょう。

Posted by goodiewilly > 2021-11-02 18:03 | Report Abuse

https://www.youtube.com/watch?v=rJmuPXbBbno
(中字)大陸缺電責任非大量關閉煤礦的習大大 而是轉移到限電價的李克強？煤價大跌 誰來為習大大鴻圖大志 答應氣侯減排的電費埋單？

Posted by goodiewilly > 2021-11-02 18:04 | Report Abuse

Please disregard the above Youtube if you feel no good of commenting China recent crisis.

Posted by straightarrow > 2021-11-02 18:08 | Report Abuse

@ colgate aligato

Posted by takaje > 2021-11-02 18:13 | Report Abuse

Colgate wah Japanese also come out. I thought Hiaptek is Chinese owned.

Posted by Colgate > 2021-11-02 18:17 | Report Abuse

ArrowStraight あなたに幸運が訪れますように。