Posted by Colgate > 2022-01-22 09:47 | Report Abuse

Believe in yourself

Posted by DrSteel > 2022-01-22 16:35 | Report Abuse

Japan's Nippon Steel buys Thai steelmakers in $763 mln deal

https://www.reuters.com/world/asia-pacific/nippon-steel-buy-thai-steelmakers-300-mln-2022-01-21/

Nippon Steel will pay $419 million to buy a 49.99 stake in Thai steelmaker G Steel PCL (GSTEEL.BK) and a 40.45% stake in G J Steel PCL (GJS.BK), including debt, from a fund managed by Ares SSG.

The Japanese company will then launch a tender offer to buy the remaining stake, which will cost up to $344 million, bringing the total acquisition cost to up to $763 million.

By buying the two steelmakers, which have production capacity of 3 million tonnes, Nippon Steel's global capacity will rise to 69 million tonnes.

........

We can see on below detail pdf the capacity and Operating profit information of these companies. This companies generates operating profit of RM 714 million (170 USD to RM exch 4.2) .

https://www.nipponsteel.com/en/ir/library/pdf/20220121_300.pdf

Nippon is buying them at RM 3204 million (USD 763m to RM exch 4.2).
PE = 3204 / 714 = 4.5

PE of Hiapteck = 3.1

Posted by Tobby > 2022-01-22 16:49 | Report Abuse

Posted by OTB > Jan 21, 2022 11:32 PM | Report Abuse

HL Investment Bank recommended Hiaptek today, target price is 0.60.
Thank you.

Answer ; Funny how only HL so far given target price for Hiaptek! Other IB ignore Hiaptek! Like i said, hidden gem that remain hidden! I sell at 60 cents and go all in AYS! Why, because in beauty contest, only those on stage will be evaluated! Unless Hiaptek takes the stage, it's price movement will not be that excited! Sad! But it is what it is!

Posted by DrSteel > 2022-01-22 16:54 | Report Abuse

It is interesting to see the 'Asean steel demand trend ' chart presented on Page 15 of the pdf - Nippon rationale for the acquisition

Posted by DrSteel > 2022-01-22 16:56 | Report Abuse

Nippon Steel rationale for the acquisition:

https://www.nipponsteel.com/en/ir/library/pdf/20220121_300.pdf

Posted by OTB > 2022-01-22 19:34 | Report Abuse

Dear Tobby,

I am still bullish on all steel stocks in 2022 like DrSteel because I read a lot of information on all steel stocks worldwide.
I really study hard on all steel stocks, hence a small setback will not hinder me or stop me to invest in steel stocks.

I also like you, I like AYS more than Hiaptek because I had made a good profit on AYS in the first round.

However, I still invest in Hiaptek until September 2022.
I have set aside a portion of my capital on Hiaptek. I treat this investment as a bit longer term investment because the risk to invest on Hiaptek is very small.

Thank you.

Posted by Colgate > 2022-01-23 08:45 | Report Abuse

Congratulations

Posted by Colgate > 2022-01-23 09:47 | Report Abuse

Why drugmakers are fighting over who owns the Covid vaccine

The collaboration necessary to create a vaccine at record speed could lead to legal battles over the parties involved in inventing the COVID vaccine. The outcome could yet again change the course of the pandemic.

Posted by kamcheonghui > 2022-01-24 11:31 | Report Abuse

i will sell Hiaptek one month before GE

Posted by Jerichomy > 2022-01-24 12:33 | Report Abuse

Wah tobby start making noises looo

Posted by Jerichomy > 2022-01-24 12:42 |

Post removed.Why?

Posted by Colgate > 2022-01-24 13:59 | Report Abuse

Squeeze until today , LEAVE less then 1000 chips per days , TIME STRONG GAP UP

Posted by Tobby > 2022-01-24 14:05 | Report Abuse

OTB! No worries! Hiaptek time will come! But AYS and Annjoo will go up first!

Posted by James75 > 2022-01-24 16:59 | Report Abuse

Time to move. Selling all out already.

Posted by Fundamental Trader > 2022-01-25 08:43 | Report Abuse

BBB

Posted by MrsLee > 2022-01-25 08:59 | Report Abuse

Today will move up?

Posted by TOP WIN > 2022-01-25 10:36 | Report Abuse

https://finance.sina.com.cn/money/future/roll/2022-01-24/doc-ikyamrmz7141436.shtml

Posted by kamcheonghui > 2022-01-25 11:19 | Report Abuse

MrsLee i loss money in Hiaptek and not dare to add position. If you are insider i will consider to add position. Thanks pls reply

Posted by Jerichomy > 2022-01-25 12:24 | Report Abuse

Add what…should jual all last friday

Posted by Tobby > 2022-01-25 18:02 | Report Abuse

I think i will add more if hit 45 cents! Average down my prices before selling all! At least i make a little more profit!

Posted by Tobby > 2022-01-25 18:05 | Report Abuse

If not, i will add more anyway to average down my prices! See tomorrow!

Posted by cckiong > 2022-01-25 21:50 | Report Abuse

why is everyone suddenly so pessimistic about HiapTek now? AYS is good and so is Hiaptek

Posted by Tobby > 2022-01-25 21:53 | Report Abuse

Guys! I change my mind! I will add more Hiaptek! Steel prices surge just now! So expect Hiaptek to move along with Annjoo and AYS!
My strategy is trade on AYS and average down on Hiaptek!

Posted by Tobby > 2022-01-25 21:54 | Report Abuse

My average down price is 48 cents for Hiaptek! Let's see if i can get it!

Posted by Tobby > 2022-01-26 11:21 | Report Abuse

Got my 48 cents! Steel price surging!

Posted by Jerichomy > 2022-01-26 12:11 | Report Abuse

Better give up on hiap teck after uncle koon betrayal

Posted by Jerichomy > 2022-01-26 21:43 |

Post removed.Why?

Posted by Jerichomy > 2022-01-26 21:45 |

Post removed.Why?

Posted by Lucifer999 > 2022-01-26 21:57 | Report Abuse

oi apa macam bila 0.60

Posted by Jerichomy > 2022-01-26 23:07 | Report Abuse

Somebody scolding me means ur 60…tunggu lama lama…genetec dah naik

Posted by Kelvin Ong > 2022-01-27 11:06 | Report Abuse

Ays already moving Hiaptek still stuck in starting line...;oP

Posted by LeonXx9 > 2022-01-27 13:46 | Report Abuse

Hiaptek quite hard to move.

Posted by Colgate > 2022-01-27 16:18 | Report Abuse

Watch the market.

Posted by Jerichomy > 2022-01-27 16:46 |

Post removed.Why?

Posted by Jerichomy > 2022-01-27 17:09 |

Post removed.Why?

Posted by MrsLee > 2022-01-27 18:16 | Report Abuse

Speechless counter...

Posted by Jerichomy > 2022-01-27 18:24 | Report Abuse

Yeah it is so looks like TP of RM1 is as good as dead

Posted by Jerichomy > 2022-01-27 18:25 |

Post removed.Why?

Posted by Jerichomy > 2022-01-27 18:49 | Report Abuse

Hiap teck sounds like cina pek la

Posted by Yal88 > 2022-01-27 19:24 | Report Abuse

hi traders. i'm watching hiaptek for quite awhile already. still can enter? looks like very weak despite all the good reports.

Posted by Jerichomy > 2022-01-27 19:44 | Report Abuse

Amnjoo also move faster

Posted by Colgate > 2022-01-27 23:39 | Report Abuse

Watch the market...

Posted by LeonXx9 > 2022-01-28 00:03 | Report Abuse

If the price is still 0.475 tomorrow, I will buy some.

Posted by Jerichomy > 2022-01-28 01:12 |

Post removed.Why?

Posted by Johnzhang > 2022-01-28 05:30 | Report Abuse

Uncle K told us months ago that $1.14 is not a dream .

Posted by Tobby > 2022-01-28 11:38 | Report Abuse

Highly recommended to buy Hiaptek now! Price of steel has surged alot! The longer Hiaptek stay at this current price, sooner or later it will suddenly surge!

Posted by Jerichomy > 2022-01-28 11:50 |

Post removed.Why?

Posted by OTB > 2022-01-28 11:54 | Report Abuse

Steel price is RMB4,881 today, on the way to RMB5,000.
Hope Hiaptek and steel stocks can perform in this year.
Thank you.

Posted by Yal88 > 2022-01-28 12:44 | Report Abuse

OK thanks. maybe will consider when it breaks 0.53. Still not convincing.

Posted by Tobby > 2022-01-28 14:54 | Report Abuse

Very confident will breakout soon! Adding more!