Die standing. Rest in peace. Don't worry. As a consolation, You will soon receive sorry, sorry, sorry. Sorry....poof!!! 100k loss Another Sorry.....pooof!!! Another 100k gone Sorry.....poof!!!.....rest in peace Capital
What!! Announced divided and profit Q also running like no tomorrow....... 70 over cents worth share selling at about 21cents only and some more 2023 sales book ada, inventory also worth $$ since Ringgit down. Buy Buy Buy sapu la .......hehehe................
MRT3 + RTS + Penang LRT/tunnel need a lot of local steel.
Associate, eastern steel is highly profitable, earning tax free profit, export mainly to China which is now in the middle pump prime to stimulus massive infrastructure growth
With 2021 + 2022 earning about over 20 cents, there is no reason for this share to drop back around 10 - 12 cents, fair price should be now 30 cents, some more, the new JV BIG BIG coke oven plant started operations on Aug 2023 ...... thus this counter should be continuing to be positive earning ler, I personal think this dividend share price is a good buy now ........hehehe..............................
World recession on the card. Infra n steel counter is most likely the most effected as all goverment cut down spending. Price is cheap now n tempting. Buy or sell at your own risk.
Start collecting..... 5% dividend is better than bank while immediate gain 50 cents on NTA, good buy ler, wait till Hiap Teck bosses goreng again lo ........hehehe.....................
End user buy directly from China arr? China steel price drop., company oso import from china, cheaper cost to make product. Unless other steel company can produce cheaper than china, or hiaptek produce it's own steel then pressure la... Else everybody in the industry oso facing the same problem of higher cost of stock in hand. Who wants to start price war? China steel price drop is not the fundamental problem now... Malaysia market demand is more crucial...
Steel price drop is good for hiaptek if they managed to sell their product fast.. may be the industry already anticipat this hence they already start to sell cheper to get rid of the stock in hand in last 2 quarters... hence we see lower revenue profit margin but not necessary lower volume. those managed to get rid of the jiger5 cost stock will now have more competitive advantage. Less funds needed to buy stock. Lesser stock holding cost and has better profit margin
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
onhands
160 posts
Posted by onhands > 2022-09-27 19:24 | Report Abuse
Blog: Hiap Teck will shoot like a rocket - Koon Yew Yin
2021-08-29 21:31 | Report Abuse
Shoots up like SpaceX Starship rocket?