Posted by OTB > 2021-12-14 11:39 | Report Abuse

Please read the news below.
This news will tell you something good.
You can buy Hiaptek shares at 0.455 on 8/12/2021.
You do not need to convert ESOS shares to mother shares at 0.50.

https://klse.i3investor.com/additionalListing/5072/08-Dec-2021/30798_282497869.jsp

Thank you.

Posted by OTB > 2021-12-14 13:05 | Report Abuse

Please read the below message.
The below message tell us investors in China are seriously buying China steel stocks.
https://money.udn.com/money/story/122229/5955450

Posted by Citadel123 > 2021-12-14 13:12 | Report Abuse

sssss

Posted by Tobby > 2021-12-14 13:32 | Report Abuse

I could be wrong but it seems the major correction of steel prices have finally hit bottom! Slowly but sure going up again!

Posted by Tobby > 2021-12-14 15:22 | Report Abuse

Star! Yeah, if Hiaptek go up fast, sell on strength! Seems like just a mild rebound!

Posted by Beltland > 2021-12-14 15:24 | Report Abuse

Rising star steel counter of year 2022 .Buy now !

Posted by Beltland > 2021-12-14 15:58 | Report Abuse

Cover Story: Hiap Teck’s RM3 bil expansion plans for Eastern Steel
JianLong injected 325 million into ESSB Kemaman

Tashin buys land and buildings in Penang to expand steel production



Lion’s Banting plant to start ops soon
KUALA LUMPUR: Lion Industries Corp Bhd’s hot-rolled coil plant in Banting, Selangor, is expected to commence production in December.
TheStar19 Aug, 2021 00:00am - 3 months



Conclusion ; Steel industry on early bull run.




Buy Hiaptek now when it is cheap !!!!

Posted by kamcheonghui > 2021-12-14 16:09 | Report Abuse

Why sell on early bull run? Ride the profit to 1st target 80 cent and consider sell 50% and hold the next 50%.

Posted by KingKong_Doll > 2021-12-14 16:11 | Report Abuse

Seems like all-steel manufacturer is expanding their production. Will it be oversupply like gloves?
Hmmm....food for thought

Posted by Beltland > 2021-12-14 16:31 | Report Abuse

CharlesT Its a fundamental change in the whole supply n demand equilibrium of glove biz with China's presence.

Their supply increases fm 6%+ to 30% within 2 years time....

Steel biz is on the contrary, the biggest supplier China intends to cut their supply in long run...\

Guess what will happen then?
10/12/2021 5:22 PM



None of the steel player of the world own the same strength as China to produce the cut down replacement steel product !





Lu Tau Boo

Posted by OTB > 2021-12-14 19:20 |

Post removed.Why?

Posted by OTB > 2021-12-14 19:24 | Report Abuse

Steel rebar price in the US is projected to be around USD750 per ton or USD825 per MT in 2022.
US investors are buying heavily on steel stocks listed in the US stock market due to the reasons below.

Congress recently passed a $1.2 trillion infrastructure spending bill in response to the clear need to refresh aging roads and bridges across the U.S. A boost in construction means more demand for steel. Meanwhile, Chinese demand for the industrial metal continues to grow by almost 10% annually, and demand in emerging markets is just beginning to accelerate.

Thank you.

Posted by OTB > 2021-12-14 20:36 | Report Abuse

Please read the below message.
The below message tell us investors in China are seriously buying China steel stocks.
https://money.udn.com/money/story/122229/5955450

Posted by OTB > 2021-12-14 21:17 |

Post removed.Why?

Posted by Tobby > 2021-12-14 21:20 | Report Abuse

I was able to correct OTB when i realise the next quarter result will be out this week! Boy, i thought it will be out next month or Feb! Yup, 16th is the next result dudes!

Posted by Tobby > 2021-12-14 21:21 | Report Abuse

Who knows if the result is every better, there will be special divvy!

Posted by OTB > 2021-12-14 21:30 | Report Abuse

Please read the below statistic of Hiaptek on Date - PAT - Share price.

Date - PAT - Share price
27/3/2020 - (7.657m) - 0.12 - lose money.
25/6/2020 - 4.918m - 0.16
28/9/2020 - 10.292m - 0.18
16/12/2020 - 6.966m - 0.49
25/3/2021 - 30.052m - 0.47
29/6/2021 - 65.925m - 0.565
29/9/2021 - 60.484m - 0.58

Market expectation that Hiaptek will make 70 million to 80 million in Dec 2021.
Let us wait and see the result later.
Will the share price drops to 0.30 in December 2021 ?
Mr Market will tell us at the end of December 2021.

Note :
The PAT (Profit After Tax) increased from a profit of 4.918 million on 25/6/2020 to a profit of 60.484 million on 29/9/2021. The profit increased is 1,130% over a period of 1.5 years or 6 quarters.

The PAT growth is 1,130% over a period of 1.5 years or 6 quarter.

Market expectation is that Hiaptek will make 70 million to 80 million in Dec 2021.
PAT above 66 million is already a record profit.
No reason for the share price of Hiaptek to drop to 0.30.
Please talk with facts.

Thank you.

Posted by sabahan > 2021-12-14 22:56 | Report Abuse

Mr OTB argues with facts and figures, i love you. i believe OTB will be a great politician. We need more people like OTB in politics

Posted by Want2MakeMoney > 2021-12-14 23:33 | Report Abuse

Only Singapore Politicians talk facts and figures. Most Malaysian Politicians only talk rubbish. Only a small number of Malaysian Politicians are capable , the rest are all rubbish

Posted by OTB > 2021-12-15 09:24 | Report Abuse

All hardware dealers in Malaysia do not care about low steel rebar future price in China because China no longer selling steel rebar to Malaysia anymore.

The steel rebar selling price is fixed at RM3,050 to 3,200 in Malaysia.
Please read the link below.
https://malaysiasteelinstitute.com/
As long as the steel rebar price is selling at or > 3,000, this note is telling us all steel stocks will perform well in the next few quarters.

Many of my followers are big hardware dealers, they tell me that the steel rebar selling price will be > RM3,000 for at least the next 6 months to 9 months.
Thank you.

Posted by paktua73 > 2021-12-15 10:42 |

Post removed.Why?

Posted by OTB > 2021-12-15 10:58 | Report Abuse

Foreign fund managers are buying steel stocks listed in China stock markets despite low steel rebar future price.
US investors are buying heavily on steel stocks listed in the US stock markets.

Look like steel price will not crash like someone spreads rumour here.
I hope the share price of Hiaptek will not drop again.

Instil fear that the share price of Hiaptek will drop to 0.30 and 0.08 respectively is not good.
Thank you.

Posted by Russel > 2021-12-15 11:00 | Report Abuse

Yeah...come...OTB, keep posting, with all this facts! TQ

Posted by Beltland > 2021-12-15 11:27 | Report Abuse

Those with strong risk tolerance power ,buy now, it's cheap !!

Posted by stockwin > 2021-12-15 11:35 | Report Abuse

OTB said --- "US investors are buying heavily on steel stocks listed in the US stock markets."

How much has steel stock prices gone up in US and China markets in the past one week?

Posted by Tobby > 2021-12-15 12:00 | Report Abuse

Look at the price movement, result should be good tomorrow!

Posted by Colgate > 2021-12-15 12:03 | Report Abuse

Sell a bit today 59 sen buy FOC chicken Kent Brand. Eat FOC Chicken Kent Brand again. I still keep a lot for 1.16 final all out later. Yahoo. Shiitt enter haters mouth today? Haters keep quiet already? Haha. Haters look your face at mirror first.

Posted by Johnzhang > 2021-12-15 12:07 | Report Abuse

Happy to see some small gain for those I picked up at 45-46sen. Hoping to see good QR to give further boost to steel counters.
---------------------------------------------------------------

Posted by Johnzhang >Dec 5,2021

I decide to top up at 45-46 sen level and hold it for 6-12 months. I think the selldown of steel counter is overdone. Steel prices is down but NOT out.

Posted by sharemarket21 > 2021-12-15 12:08 | Report Abuse

Ignore the range until you have reached the TP. .43 or above .51. Resistance is there. Remember to sell before result if there is money to be made. Don't caught off guard and keep chasing high. Relax it's .49 and not .59 yet. Do not lay the bricks for others to cash out. Your gain is their loss. Vice versa.

Posted by neWbie606 > 2021-12-15 12:25 | Report Abuse

Roger @sharemarket :)

Posted by Beltland > 2021-12-15 13:30 | Report Abuse

Tomorrow could be financial result , must be good financial report especially strong contribution from ESSB . And also with the recent announced extension of anti dumping duties protection policy until year 2026 plus increasing demand from market is a guarantee that Hiaptek business is on strong potential growth to make good profit year after year .

Further more Hiaptek RM 3 billion expansion plan and Jianlong RM 325million injection into ESSB is a solid proof that steel industry is a sustainable, profitable business for long term .


Long term investors ,hold tight ! Big reward waiting in front !!!

Posted by OTB > 2021-12-15 13:30 | Report Abuse

The share price of Chinhin is 2.31 compared against the share price of Hiaptek at 0.49.
No one comments in Chinhin forum that the steel price will crash.

Look at the fundamentals of Chinhin and Hiaptek, then you should know that the share price of Hiaptek is very undervalued.
Thank you.

Posted by wallstreetrookie > 2021-12-15 13:33 | Report Abuse

American Century Investment +59,100 shares

Posted by wallstreetrookie > 2021-12-15 13:34 | Report Abuse

Buy the run-up

Posted by wallstreetrookie > 2021-12-15 13:34 | Report Abuse

Worth taking risk

Posted by moneycashrich > 2021-12-15 15:24 | Report Abuse

Thanks OTB for sharing your info. You are responsible to your subscribers and no one else. I continue to make money with your ideas and info.

Posted by Colgate > 2021-12-15 15:42 | Report Abuse

Sorry. I told wrong price.
Sell a bit today 49 sen is the correct price, for buy FOC chicken Kent Brand. Eat FOC Chicken Kent Brand again. I still keep a lot for 1.16 final all out later. Yahoo.

Posted by moneycashrich > 2021-12-15 16:04 | Report Abuse

stock market.......is a game.......a battlefield.......and only the fittest ones survive and win. I believe that those who are responsible for their failure and win in the long run.

Posted by sharemarket21 > 2021-12-15 16:21 | Report Abuse

It's a lot easy and without obligation to make every buy call each level and waiting for slight rebound. End of the day there is no accountability when the share price swing lower. The reality is the stock price has been corrected from as high as 70 cents until .445. Buyers are no hero but seller is. Make as much profits as you want but don't become the brick layers unless you are sure with your investments objective. Lock your profits if it's 15-20%. Don't look back until the value and other signs set in again.

Posted by wallstreetrookie > 2021-12-15 16:58 | Report Abuse

Hiaptek Upgraded to Overweight

Short term price target RM0.59

Posted by Russel > 2021-12-15 17:01 | Report Abuse

Anyone who read Mr OTB post on his purchase @ RM0.45 on 10 Dec 12:46pm and make a conscious and at own risk buy call after homework done....would have make 12.22% handsome tonnes of profit by now.....Stop calling him bring yours to Holland....he insert money into your pocket!

Posted by Russel > 2021-12-15 17:03 | Report Abuse

He don't ask you to buy, he said he buy...lol

Posted by DickyMe > 2021-12-15 17:04 | Report Abuse

"
DickyMe It is excellent opportunity to top up.

Unfortunately, my extras are trapped elsewhere.
05/12/2021 2:56 PM"

Posted by wallstreetrookie > 2021-12-15 17:05 | Report Abuse

CDSPHRAV <GO>

Posted by OTB > 2021-12-15 17:07 | Report Abuse

Foreign fund managers are buying steel stocks listed in China stock markets despite low steel rebar future price.
US investors are buying heavily on steel stocks listed in the US stock markets.

I hope local investors will buy steel stocks listed in KLSE to make money.
All steel stocks listed in KLSE are very cheap, they are trading at a PER < 5.
I sincerely hope that the bull run on steel stock will not end so soon, at least to last until the end of 2022.
Thank you.

Posted by OTB > 2021-12-15 17:10 | Report Abuse

Despite poor market sentiment in KLSE, all steel stocks are performing very well.
Thank you.

Posted by Tobby > 2021-12-15 17:16 | Report Abuse

So see a fantastic result tomorrow based on price movement!

Posted by Tobby > 2021-12-15 17:17 | Report Abuse

Hope another divvy announcement as well on top of previous divvy!

Posted by Newbie_2288 > 2021-12-15 17:17 | Report Abuse

Thank you Mr. OTB for your generous sharing here!
You have spent so much time connecting with various stakeholders in the steel industry to come out with such detail analysis and willing to share us your personal effort.
Much appreciated and may god bless a kind soul like you always.

Posted by OTB > 2021-12-15 17:18 | Report Abuse

The share price of Chinhin is 2.34 compared against the share price of Hiaptek at 0.505.
No one comments in Chinhin forum that the steel price will crash.

Look at the fundamentals of Chinhin and Hiaptek, then you should know that the share price of Hiaptek is very undervalued.
Thank you.