Posted by Colgate > 2021-11-15 09:31 | Report Abuse

Eat again at 54.5sen. Yummy. Everyday eat.

Posted by Colgate > 2021-11-15 09:34 | Report Abuse

After 5, join me Eating bucket. yummy.

Posted by goodiewilly > 2021-11-15 09:37 | Report Abuse

https://www.youtube.com/watch?v=QobDSZXfNyI
Super Winter and super covid19 in China, coal becomes most critical now. Steel production will drop further in winter season.

Posted by Johnchew6 > 2021-11-15 09:53 |

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Posted by Johnchew6 > 2021-11-15 10:17 | Report Abuse

Oh sory mana satu tak tau lagi kah ??

Posted by Johnchew6 > 2021-11-15 10:18 | Report Abuse

dna belum uji ??

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Posted by MoneyMakers > 2021-11-15 12:49 | Report Abuse

After US/EU agreement (steel tax abolish) last week, incoming US/Asia agreement
———————————

(Nov 14): The US is beginning talks with Japan over global steel and aluminum excess capacity that will also address Washington’s tariffs on exports of the products from the Asian nation.

US Commerce Secretary Gina Raimondo will make her first official visit to Asia from Nov 15 to 18, where she will meet with government officials and business leaders in Japan, Singapore and Malaysia.

Posted by MoneyMakers > 2021-11-15 12:50 | Report Abuse

Sources in China said that they thought the situation may BECOME WORSE before improving.

“We don’t think the steel price will recover soon, and the [workable] price will fall below $600 (3.8K yuan) per tonne,” a major China billet buyer said Friday.

Posted by MoneyMakers > 2021-11-15 12:51 | Report Abuse

Steel alrdy crash (feb level)..pump over..everyone waiting 2 dump

Historically only 30sen at current steel price

Posted by Beltland > 2021-11-15 14:51 | Report Abuse

The Edge ( 15 Nov 2021 ): Hiap Teck's RM 3 bil expansion plans for Eastern Steel .

Shanxi Jianlong had injected RM325.6 million into Eastern Steel.


Executive Director Law Wai Cheong revealed the above news during an interview with the edge.


This is the solid proof that steel industry is on the early Bull run since the major share holder dare to invest heavily to expand the production .

buy buy buy

Posted by kamcheonghui > 2021-11-15 15:05 | Report Abuse

Hi Beltland is this a good price to enter. i do not know why some keep saying 30 sen at current steel price. if drop to 30 sen i will withdraw my FD money to enter more share. Newbie some sifu pls share

Posted by Lucifer999 > 2021-11-15 15:06 | Report Abuse

hav faith in OTB recomendation

Posted by kamcheonghui > 2021-11-15 15:12 | Report Abuse

thanks sifu

Posted by NoviceJ > 2021-11-15 15:22 | Report Abuse

Hui maikancheong you may want to check what is their profit when the prices is 30sen and what is the profit now and you may get a feel of the prices it would be
and as 999 had mention, I do trust OTB recommendation back with facts and figure instead of some source which is plug from air saying whatever he may say to swing in his Favour
at the end of the day DYODD

Posted by Beltland > 2021-11-15 15:28 | Report Abuse

Posted by kamcheonghui > Nov 15, 2021 3:05 PM | Report Abuse

Hi Beltland is this a good price to enter. i do not know why some keep saying 30 sen at current steel price. if drop to 30 sen i will withdraw my FD money to enter more share. Newbie some sifu pls share


Ans : Do you believe announcement by Hiaptek Executive Director and Chairman Shanxi Jianlong or Road side fortune teller ???

Posted by takaje > 2021-11-15 15:40 | Report Abuse

I think it is very important u understand first OTB's FA, his research, projection and how he came up with those numbers, and then cross reference with other sources and do ur own TA. If all are aligned, u have a better chance of winning.

It is my view that OTB shared his analysis in good faith and it is aligned with my TA. But please take responsibility in ur own trade. Don't blame anyone if it goes against u.

Posted by Beltland > 2021-11-15 15:50 | Report Abuse

kamcheonghui @ The price may drop below 20 cts due to the following reasons :

1 Out break of Taiwan war between China in which involvement of US and its alliance.

2 Out break of civil war in Malaysia which is very unlikely !



Buy and hold !!!!

Posted by goodiewilly > 2021-11-15 15:55 | Report Abuse

coal shortage not only caused power supply got problem, steel manufacturing too...another one shortage is UREA, caused diesel lorries and delivery problems...hahhahahaa...
https://klse.i3investor.com/servlets/stk/5072.jsp

Posted by kamcheonghui > 2021-11-15 16:01 | Report Abuse

thanks all sifu for your info

Posted by MoneyMakers > 2021-11-15 16:06 | Report Abuse

Steel price alrdy crash (Feb level).. current steel price (future profits) cannot support share price above 50sen

Historically share price only 30sen at current steel price

Posted by MoneyMakers > 2021-11-15 16:07 | Report Abuse

Everyday can see 1sen-2sen flash crash within 3minutes..sharks alrdy dumping

Expecting huge dump this week follow AYS last week dump

Posted by takaje > 2021-11-15 16:12 | Report Abuse

Maybe MoneyMakers is right. But he has ZERO track record. He only comes out when stock drops. Just saying...

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Posted by kamcheonghui > 2021-11-15 16:32 | Report Abuse

Hiaptek every quarter there is 13% to 15% profit growth nothing to worry. problem is market sentiment bad. Wait to see KLCI index back to 1600 just hold if u have holding power.

Posted by Johnchew6 > 2021-11-15 16:42 | Report Abuse

Johnchew6 Monday , 15/11 ..Nov5, T+6 balance = 6.2 mil , ie meaning retailers picked up 13.6 mil share .. ( so far 31.2 + 21.1 +10.5 + 13.6 )

Nov 8, T + 5 = 10.0 mil

Nov 9, T + 4 = 8.7 mil

Nov 10, T + 3 = 12.5 mil ( a good sign )

Nov 11 , T + 2 = 10.7 mil

Nov 12, T+ 1 = 7.0 mil

Predicted price range : 0.525 to 0.550...
15/11/2021 6:55 AM

Posted by Johnchew6 > 2021-11-15 16:50 |

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Posted by MoneyMakers > 2021-11-15 17:01 | Report Abuse

“China retail steel stocks fall for 5th week, down 4.2% w-o-w to their lowest level since Jan 29”

Posted by MoneyMakers > 2021-11-15 17:01 | Report Abuse

On Monday, Shagang Group (China's leading electric-arc-furnace steelmaker) cut its scrap buying prices for 8th time since October 22, citing the slump in domestic steel prices.

Posted by Colgate > 2021-11-15 17:06 | Report Abuse

Come we go to eat kfc tonight. Tomorrow hope can still eat kfc. My record here. You can see. I eat kfc only. Not eat more expensive one like what ah. I can’t remember.

Posted by Johnchew6 > 2021-11-15 17:27 |

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