Posted by OTB > 2021-12-15 17:21 | Report Abuse

I never attack any person in I3.
I never talk bad on any stock.
I share with my noble intention.
Can perform or not, I cannot guarantee.

Most readers here are gentlemen, not to blame me.
Thank you.

Posted by OTB > 2021-12-15 17:26 |

Post removed.Why?

Posted by hannahtai > 2021-12-15 20:15 | Report Abuse

Thanks Mr Ooi for you consistent and honest sharing. God bless and keep you.

Posted by Want2MakeMoney > 2021-12-16 00:25 | Report Abuse

Price needs to surpass 70 cents then can declare victory. When that day comes, all the dogs and pests will stop barking. I think the price will continue to be volatile in the next 6 months

Posted by Colgate > 2021-12-16 06:40 | Report Abuse

I follow my tactics. Today sell a bit FOC Chicken Kent Brand eat yummy. See you Chicken Kent Brand shop eat FOC Chicken Kent Brand. Why I follow my tactics? Because prices go up will come down also, that’s why every up must sell a bit get FOC chicken Kent Brand. This is called FOC Chicken Kent Brand tactics.

Posted by Colgate > 2021-12-16 06:43 | Report Abuse

Santa Claus is coming Bursa. Ho ho ho. Merry Christmas.

Posted by Colgate > 2021-12-16 07:16 | Report Abuse

FOC Chicken Kent Brand tactics, is the best tactics for me. Eat FOC Chicken Kent Brand while waiting Rm1.16 sell all out next year. Merry Christmas and HNY.

Posted by sharemarket21 > 2021-12-16 09:40 | Report Abuse

It is just off 1.5 cent .43 but well done to those who bought during one of the lowest and remember to SELL if 15-20% return is good enough. Don't change the plan and stay focus. Let's see if .51 can establish further the next 2-3 days.

Posted by probability > 2021-12-16 10:27 | Report Abuse

steel price in China shot up 8% to 4660 in a single day!

https://tradingeconomics.com/commodity/steel

Posted by amateurJR > 2021-12-16 10:52 | Report Abuse

Good result released soon?

Posted by Russel > 2021-12-16 10:52 | Report Abuse

Kasi break RM0.70 first Hiap Tek...come on!!!

Posted by paktua73 > 2021-12-16 10:52 |

Post removed.Why?

Posted by Colgate > 2021-12-16 13:09 | Report Abuse

Last night I dreamed could reach RM1.50. Wah, hope my dream come true.

Posted by Russel > 2021-12-16 13:37 | Report Abuse

Why not...@ RM1.50, PE only 23...lol

Posted by probability > 2021-12-16 14:52 | Report Abuse

CNY 4683 now!

Posted by alenac > 2021-12-16 15:03 | Report Abuse

Good news Chinese local provincial officials has taken over the management of Evergrande to ensure construction of houses continue and completed. Hopefully the demand for steel will pick up further.

Posted by probability > Dec 16, 2021 10:27 AM | Report Abuse

steel price in China shot up 8% to 4660 in a single day!

https://tradingeconomics.com/commodity/steel

Posted by probability > 2021-12-16 15:10 | Report Abuse

I see.. Thanks for the info!

Its hitting 4700 now..

Posted by alenac > Dec 16, 2021 3:03 PM | Report Abuse

Good news Chinese local provincial officials has taken over the management of Evergrande to ensure construction of houses continue and completed. Hopefully the demand for steel will pick up further.

Posted by OTB > 2021-12-16 15:31 |

Post removed.Why?

Posted by 6166chats > 2021-12-16 15:37 | Report Abuse

Steel price Going up further 4704
https://tradingeconomics.com/commodity/steel

Posted by Beltland > 2021-12-16 16:38 | Report Abuse

One of the major steel player of the world (Tata steel ,India ) confirmed that the up cycle of steel industry is just beginning and may last for two to three years !.


Buy now ,it's cheap !!

Long term investors hold tight !!

Posted by Russel > 2021-12-16 16:43 | Report Abuse

Beltland One of the major steel player of the world (Tata steel ,India ) confirmed that the up cycle of steel industry is just beginning and may last for two to three years !.


Buy now ,it's cheap !!

Long term investors hold tight !!
_________________________________________________________

This concur with Mr OTB comment below :-

"All steel stocks listed in KLSE are very cheap, they are trading at a PER < 5."

Posted by Thng Daniel > 2021-12-16 17:22 | Report Abuse

HI OTB and all, Do you know that when the result will be out? today or tomorrow?

Posted by moneycashrich > 2021-12-16 18:59 | Report Abuse

Results out. Any comments ?

Posted by cckiong > 2021-12-16 19:01 | Report Abuse

With improved margins in line with higher steel prices, the Group registered a Profit from Operations of RM66.57 million for the current quarter as compared to RM8.59 million in the preceding year’s corresponding quarter.
On the whole, the Group recorded a Profit before Tax of RM86.33 million in 1Q2022 as compared to RM8.92 million in the preceding year's corresponding quarter. The strong performance can be attributable to the continued strength of steel prices and increased volume from the Group’s downstream activities and also from a significantly higher contribution from the JV entity. The JV entity contributed a profit of RM23.27 million to the Group for the quarter under review as compared to RM3.87 million in the preceding year’s corresponding quarter. The JV entity’s much-improved performance was attributable to higher steel prices, costs savings arising from the 55MW power plant completed in October 2019, the completion of its first 100,000 MT coke oven plant in June 2021 and the second 100,000 MT coke oven plant in October 2021.

Posted by cckiong > 2021-12-16 19:01 | Report Abuse

a Profit after Tax of RM71.1 million, a 904% increase over the preceding year corresponding quarter, on the back of improved volume and price, and higher contributions from the JV entity. While steel prices are currently adjusting with a downward bias, the Group is vigilant of the trend of steel prices and will continue to focus on prudent procurement strategies and inventory management to mitigate any potential adverse impact on performance and financial strength. Management remains positive on the Group’s performance in the coming quarter as the resumption of economic activity gathers momentum and business confidence boosted.
At the JV entity, further cost savings will be achieved with the completion of its second 100,000 MT coke oven plant in October 2021 and the next 200,000 MT to complete by FY2022, and which will directly contribute to Group’s performance.

Posted by Tobby > 2021-12-16 19:14 | Report Abuse

Superb result! Better than predicted! However Hiaptek current price is so damn undervalue! Should already be 1.00!

Posted by Tobby > 2021-12-16 19:15 | Report Abuse

Best quarter in Hiaptek history!

Posted by Tobby > 2021-12-16 19:22 | Report Abuse

I don't see why Hiaptek will not limit up tomorrow! Given steel price suddenly move up by 10% today!

Posted by Tobby > 2021-12-16 19:23 | Report Abuse

My advise, better grap Hiaptek tomorrow before it really really move!

Posted by OTB > 2021-12-16 19:23 |

Post removed.Why?

Posted by OTB > 2021-12-16 19:28 |

Post removed.Why?

Posted by Tobby > 2021-12-16 19:33 | Report Abuse

OTB! Steel price suddenly surge today! So chill! Those naysayers will be the one chasing above 1.00!

Posted by OTB > 2021-12-16 19:34 | Report Abuse

Both revenue and PAT are record high for Q1 2022 results.
4 rolling quarters EPS is 13.11 sen.
The PER is only 3.93.

Can the share price of Hiaptek drop to 0.30 or 0.08 ?

Hope the share price of Hiaptek can perform tomorrow.
Thank you.

Posted by OTB > 2021-12-16 19:37 | Report Abuse

Posted by Tobby > Dec 16, 2021 7:33 PM | Report Abuse

OTB! Steel price suddenly surge today! So chill! Those naysayers will be the one chasing above 1.00!
------------

I do not wish to ask for more, the share price can hit 1.00, all my followers should be happy with my recommendation.

I hope they will do well in 2021.
Thank you.

Posted by superman7181 > 2021-12-16 19:37 | Report Abuse

Hope tmr affected by classic bursa effect , good QR ,wash first , so that I can collect more. Sorry Im greedy.

Posted by OTB > 2021-12-16 20:03 | Report Abuse

Q1 2022 results of Hiaptek

Please read the link below.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5072

Revenue = 407 million record high
PAT = 71 million record high
4 rolling quarters EPS = 13.11 sen
Current PER = 3.93

If PER = 5, the target price is 0.66.
If PER = 8, the target price is 1.05.

I hope the share price of Hiaptek can perform tomorrow.

I do not wish to ask for more, the share price can hit 1.00 before September 2022 is good enough for me.

Thank you.

Posted by dick20 > 2021-12-16 20:35 | Report Abuse

Thanks OTB! You are a good man!

Posted by dick20 > 2021-12-16 20:36 | Report Abuse

Never give up on HiapTeck!

Posted by cckiong > 2021-12-16 20:39 | Report Abuse

Steel rebar futures jumped to above CNY 4,700 a tonne, the highest since the end of October after data showed domestic factory activity grew more than expected from a year earlier in November.

Posted by OTB > 2021-12-16 20:54 |

Post removed.Why?

Posted by Tobby > 2021-12-16 21:39 | Report Abuse

Hidden gem! That's all i gonna say!

Posted by flyhub888 > 2021-12-16 22:11 | Report Abuse

buy more then

Posted by qqq3333 > 2021-12-16 22:22 | Report Abuse

quarter profit can still pakai or not?

Posted by moneySIFU > 2021-12-16 23:58 | Report Abuse

Record revenue & profits, congratulations to all

Posted by Cnlim > 2021-12-17 07:31 | Report Abuse

In bear market good results the stock don't move much no syndicated goreng the stock the shark also caught heavily at higher level palm oil boom yet oil palm stock are all trending near 52 weeks low despite of fanatics profit

Posted by Cnlim > 2021-12-17 07:36 | Report Abuse

Easily old industry where everyone can project the expected profit can not make much nowadays as the profit is within expecting unless the project is more than 30 per the stock will fly

Posted by Cnlim > 2021-12-17 07:44 | Report Abuse

I n reality Malaysian market cannot make money because Malaysian economy from litter tiger to little cat n the standard of living is on downtrend n only good for trending opportunity in my opinion

Posted by alenac > 2021-12-17 09:05 | Report Abuse

Good morning mutherfuc*er.

Posted by Cnlim__ > Dec 17, 2021 9:03 AM | Report Abuse

I am drunk and i ffff my own mother.Thats why i talk rubbish.

Posted by sharemarket21 > 2021-12-17 09:16 | Report Abuse

Remember to log in your profits if it hit your desire target. SELLING is everything. Stock market is not straight forward and many elements determining the share price. Many have expected good profits and there is nothing new. All have factored in and price adjusted before the facts. Still overall Bursa value is weak and year end clearance. Positive news is done and now what's next ? This stock is being earmarked for a reason. Trade and invest prudently.

Posted by Synergy168 > 2021-12-17 09:24 | Report Abuse

Collect more @0.51,good opportunity to buy at this level, keep until end of next year!