Posted by tksw > 2024-01-09 09:55 | Report Abuse

395 buy back a bit

Posted by tksw > 2024-01-09 09:57 | Report Abuse

Other steel company slowly clImb up and stable, oni hiaptek down down down...big boys want it down...m

Posted by Mini Bull > 2024-01-09 10:25 | Report Abuse

i guess will lose 0.39 suppport
this week

Posted by SeekUndervalued > 2024-01-09 12:32 | Report Abuse

@Mini Bull, 0.39 support quite strong I feel. If lose 0.39 support then prepare to see how low it goes.

Posted by Mini Bull > 2024-01-09 14:19 | Report Abuse

seem will break support, huge volume last week until now but price gg

Posted by Mini Bull > 2024-01-09 14:52 | Report Abuse

may touch 0.38 ....

Posted by Mini Bull > 2024-01-09 14:53 | Report Abuse

if touch 0.38, form lower low

Posted by Mini Bull > 2024-01-09 14:54 | Report Abuse

only for technical sharing, buy sell at your own risk

Posted by Phoebe > 2024-01-09 15:59 | Report Abuse

I guess it is in oversold territory. With the ESSB increase in 3x capacity from 700mt to 2700mt, HTVB JV profit should increase. Maybe really need to see coming Q results.

Posted by investopology > 2024-01-10 06:29 | Report Abuse

Hiaptek what a good buy now. The price is more competitive compare to others steel counter

Posted by speakup > 2024-01-10 07:55 | Report Abuse

one of the best steel stocks if u interested in steel

Posted by tksw > 2024-01-10 09:22 | Report Abuse

Buyers only want to buy low, waiting for ppl to throw,and there are so many sellers who want to sell...

Posted by Mini Bull > 2024-01-10 11:21 | Report Abuse

those people wanna sell then said it's a good buy signal ??? @@""

Posted by Mini Bull > 2024-01-10 11:32 | Report Abuse

so panic ha...

Posted by Mini Bull > 2024-01-10 11:33 | Report Abuse

dunno trap with which sifu ?

Posted by stncws > 2024-01-10 12:06 | Report Abuse

down trend....maybe after cny

Posted by tksw > 2024-01-10 15:00 | Report Abuse

Wait cheap cheap to add. No hurry until big buyers buy it up.

Posted by Mini Bull > 2024-01-10 16:19 | Report Abuse

waterfall will coming soon

Posted by YieldSeeker > 2024-01-10 16:42 | Report Abuse

Why downtrend and waterfall on Hiap Teck?

Posted by investopology > 2024-01-10 18:19 | Report Abuse

钢铁领域 – 本地1月-2月#行情

如无意外，政府将陆续推动多项庞大的基建发展工程。这些大型项目包括:
> 东海岸铁路ECRL - RM55b
> 马新高铁 HSR – RM50-60b
> 捷运2号线MRT2 – RM32b
> 泛婆罗洲大道Pan Borneo Highway – RM16b
> 轻快铁3号线 LRT3 – RM9b
> 金马士- 新山电动双轨火车 – RM8b
> 大型城镇发展计划，如敦拉萨国际贸易中心TRX、KL118和其他项目

根据统计，上市建筑承包商在去年获得RM56b的合约，但是今年至今却只获RM15b。随着以上项目即将陆续开跑，投行预计今年底可达RM40b。

目前，大马最大型的ECRL项目在关丹Gebeng已经开始动工，由中国公司一手承包。Gebeng工业区已经建设一家非常庞大的中马合资钢铁厂Alliance Steel，主要用于应付ECRL的钢铁需求。由于ECRL项目非常大型，相信本地钢铁厂也会受惠其中。

以上的大型项目将进一步推高钢铁建材的需求，如钢铁、水泥和铝。根据观察，虽然钢筋价格在近几个月走高，但是钢铁需求却未跟上。个人认为之前的上涨主要归功于中国减产、环保以及安检的措施。

值得一提，中国去年钢铁产量按年增长8.7%，创下历史新高。若钢铁价格要维持在高位，产能过剩的问题必须要解决，或者钢铁需求进一步增长。中国长钢期货在近期连续多天下滑，从每吨4,050元左右跌至目前的每吨3,900元。然而，这一现象并未影响大马的长钢价格。

根据资料，截至12/23，16-32cm 长钢价格如下:
> Chuan Huat (Ann Joo Steel) - 每吨RM2,615
> Southern Steel – 每吨RM2,650
> Amsteel (Lion Industries) – 每吨RM2,620

由于Annjoo的生产成本最低，它有能力以更低的价位争夺市场份额。然而，今天的平均长钢销售价已下滑至每吨RM2,550左右。本专页认为本地的长钢行情依然还在。一旦这些基建项目正式推出后，钢铁股未来的业绩将更出色。

中国方面，政府在前天召集区域内钢铁企业开会。会议上确定各钢厂高炉限产50%，执行日期为今年10月至明年3月。因此，钢铁价格接下来预计可继续维持在高位。

另一方面，中国一带一路建设项目可能导致钢铁需求增加高达150m吨，其中80%将用于建筑结构和钢筋混凝土。这计划历时10年，相当于每年增加15m吨钢铁需求，也就是说一带一路国家的钢铁需求会增长3-4%。

值得一提，在一带一路沿线的68个国家中，只有10个国家为钢铁净出口国，其余国家均在某种程度上依赖钢铁进口，其中超过20个国家根本没有任何炼钢产能。那么，你们认为大马四大长钢Annjoo、Ssteel、Masteel和Lionind会受益吗？

Mycron and melewar also benefits!

纯属分享！

Posted by VincentTang > 2024-01-11 12:12 | Report Abuse

Bought Hiaptek at 0.385. Strong support at 200 SMA.

Posted by SeekUndervalued > 2024-01-11 14:31 | Report Abuse

@Mini Bull, break 0.39, waterfall coming soon. Prepare to see how low it goes?

Posted by tksw > 2024-01-11 16:41 | Report Abuse

380 buy back a bit

Posted by Mini Bull > 2024-01-11 16:52 | Report Abuse

36 kambing

Posted by SeekUndervalued > 2024-01-11 17:26 | Report Abuse

@Mini Bull 0.36 can support? If can’t support, really really waterfall to the bottom? Hahaha

Posted by investopology > 2024-01-11 20:08 | Report Abuse

Obviously operator throw down to wash out all the retailer

Posted by YieldSeeker > 2024-01-12 09:41 | Report Abuse

I guess 38 cents is its strong support level ... Prepare some bullets to hoot if it falls through

Posted by garychee8 > 2024-01-12 10:52 | Report Abuse

TAMBAH 0.38

Posted by hng33 > 2024-01-12 11:05 | Report Abuse

added more at 38sen

Posted by Mini Bull > 2024-01-12 11:19 | Report Abuse

https://sharesinfo4u.com/news/malaysia_news/%e6%8b%85%e5%bf%83%e9%a1%b9%e7%9b%ae%e9%a3%8e%e9%99%a9%e9%ab%98%ef%bc%8c%e6%97%a5%e6%9c%ac%e4%bc%81%e4%b8%9a%e6%94%be%e5%bc%83%e9%a9%ac%e6%96%b0%e9%ab%98%e9%93%81%e6%8a%95%e6%a0%87/

Posted by Mini Bull > 2024-01-12 11:22 | Report Abuse

担心项目风险高，日本企业放弃马新高铁投标
大马时事
2024年01月12日
马新高铁

政府和公司消息人士周四表示，日本公司已决定放弃参与连接吉隆坡和新加坡的高铁项目的计划。

日本共同社在周五的一份报告中援引消息人士的话称，包括东日本旅客铁道公司在内的公司曾希望在该项目中利用日本的新干线子弹头列车系统，但他们认为，如果没有马来西亚政府的财政支持，该项目风险太高。

报道称，消息来源包括日本和马来西亚政府的消息来源。

继2023年在印度尼西亚建成一条高铁、目前正在泰国建设另一条高铁之后，这一发展可能会让中国企业进一步巩固其在东亚基础设施建设领域的足迹。
共同社补充说，下周一（1月15日）是提交投标的截止日期。

马来西亚政府于 2023 年 7 月开始招标。

该项目预计耗资1000亿令吉，但马来西亚政府打算通过私人融资而非政府支出或扩大债务担保来推动该项目。

消息人士称，虽然日本公司正在退出，但一些本土公司计划与中国和欧洲公司联手竞标。

马来西亚政府将在几个月内缩小候选人范围，并最早在今年晚些时候与新加坡政府开始全面谈判。

马来西亚和新加坡政府最初于 2013 年就该项目达成了基本协议，要求建设一条 350 公里长的高速铁路线，将吉隆坡和这个城市国家之间的旅行时间缩短至 90 分钟，而相比之下， 四小时车程。

日本方面，东日本铁路公司和主要贸易公司住友商事株式会社表示有兴趣加入该项目。 2015年，时任日本国土交通大臣石井启一在访问吉隆坡期间向马来西亚政府官员推销新干线系统。

2021年，时任首相丹斯里慕尤丁因担心财政负担而取消了该项目，直到现任首相拿督斯里安华政府正式恢复该项目。

Posted by tksw > 2024-01-12 15:01 | Report Abuse

Green candle....

Posted by Phoebe > 2024-01-12 15:11 | Report Abuse

The meeting minutes are out.
https://htgrp.com.my/agm-egm/

Management mentioned that the current average production is RM 2200 and with the new blast furnace, it potentially save up to 10%.
If the 10% turn into profit, this will translate to annual profit of RM 540 million. That is equivalent to 8c to HTVB?

What caught my attention is that they have power plant. A combine capacity of 150MW. I think none of the steel manufacturer have their own power plant because they were hit hard during the electricity ICPT hike. Most of them are using Electric arc furnace except for alliance steel and Lion industries but lion industries BF is old technology. That the reason they try to get funding in 2021 to build a new BF.
https://theedgemalaysia.com/node/662006
https://www.nst.com.my/business/2020/12/649643/lion-industries-target-produce-25-million-tonnes-hrc-q2-next-year

If you refer to HTVB latest annual report, Page 15 on selling of electricity, removing the profit from revenue is the cost of generation, which is RM 25.54 million. Dividing that by the generated electricity, each KWH is RM0.22c. It is so much lower than TNB tariff and with their own generation, they are not required to pay for 17c ICPT and 1.6%KWTBB. That is a huge saving.

From Annual report - "EPR successfully sold a total of 115,113,804 kilowatt-hours (kWh) of electricity to the grid, resulting in revenue totaling RM28.31 million and recorded asegment profit of RM2.77 million."

Therefore their product is very competitive and like the Ceo mentioned, all their production is backed by order. The current sales is 30% local consumption and 70% export. With the HRC, it will be flipped where it will be 70% for local & 30% export. I guess this will help to address the forex translation loss.

Lastly, the below article mentioned that the Jianlong HRC production will be moved to Malaysia to better serve the Asean region.Not sure how accurate is this but if it is true, it will benefit ESSB and definitely benefit HTVB.
https://news.metal.com/newscontent/102434658/Another-Chinese-steel-mills-made-its-way-to-overseas-For-Chinese-companies-looking-to-invest-overseas-what-are-critical-factors-to-watch-for

As for how much ESSB can contribute to HTVB, i believed everyone will have a different figure and you can do the maths. ESSB has said that they has established a 30% dividend policy that will start by 2025 which is next year. This will improve HTVB's cash flow.

Posted by tksw > 2024-01-12 15:12 | Report Abuse

386 bot back a bit...

Posted by Phoebe > 2024-01-12 15:16 | Report Abuse

I did post some questions during the agm live session, but it were not read out, and neither was the response emailed to me. So I missed out on some important information. Luckily, the question that the shareholder asked gave a very good insight into the ESSB operation.

Posted by tksw > 2024-01-12 15:20 | Report Abuse

TQ Phoebe sifu!!!!

Posted by Phoebe > 2024-01-12 15:23 | Report Abuse

Ohh pls....i no sifu.......

Posted by tksw > 2024-01-12 15:43 | Report Abuse

If can close 390, next week add some more....

Posted by tksw > 2024-01-12 16:54 | Report Abuse

oh。。。。。got to wait Monday closing...

Posted by Kevin Tam > 2024-01-13 20:03 | Report Abuse

Hiap teck is one of the undervalue steel counters with high potential… Its previous a bit disappointed quarterly result plus HLG not so good TP have dragged the share price to go down to 38-39 cents from 44-45 cents 1 month plus ago …. I believe with its competitive edge n better profitability than other steel counters, Hiap teck worth above 50-52 cents….

Posted by speakup > 2024-01-14 08:25 | Report Abuse

this is OTB former miss-universe stock

Posted by speakup > 2024-01-14 21:14 | Report Abuse

https://www.freemalaysiatoday.com/category/business/2024/01/12/price-index-of-steel-up-by-0-2-1-8/

Posted by tksw > 2024-01-15 11:42 | Report Abuse

Hehehe.... Last Friday didn't close 390. So todau got to wait again... Sellers keep selling down.....

Posted by tksw > 2024-01-15 11:43 | Report Abuse

Buyers dun want to buy higher.... Slow slow wait...

Posted by Phoebe > 2024-01-15 12:03 | Report Abuse

Dig further into HTVB and ESSB over the weekend. I really puzzled by the RM123.4 FX translation loss, despite they stated as unrealized loss in their Q1 analyst briefing. I can only come to a conclusion either
1. They have so much money in USD that the fluctuation of USD causes the loss.
2. Their hedging went wrong.
3. They accept Turkish Lira as payment for their exports to Turkey, and lira has plunged a lot in the last 6 months.
4. They have ordered a lot of raw material for the 2.7 million MT production, but they have not paid, and somehow the forex is against them now.

https://htgrp.com.my/wp-content/uploads/2023/12/Analyst-Presentation-1QFY24_31-October-2023.pdf

Anyway, with not much ESSB information, it is difficult to know the reason for the loss. However, in the same presentation deck, management reveals that ESSB produces 237.5 kMT and the revenue is RM 611.6 million, Meaning that ESSB is selling RM 2,575 per metric tonne. With a 12% gross profit margin, it is quite close to the RM 2200 production cost the CEO informed the AGM. Hence, with new BF, a further 10% saving is expected, and this gives about 22% GPM. Therefore, with the new capacity of 2.7 million MT and considering 20% GPM, the potential gross profit is RM 1.35 billion. Net profit after tax estimate around RM1 billion annually. Net profit to HTVB is RM273 million, and that is equivalent to RM0.15 just from ESSB alone? Is this too good to be true?

The CEO informed that with the HRC mill, the produce will be 70% domestic and 30% export. Hope this will help in reducing the FX translation effect.

The government has allocated more than RM 90 billion for infrastructure development for 5 yrs, and last year only RM 15 billion was spent, and there is RM 75 billion to spent, meaning RM 25 billion each year. Upcoming November will be Anwar's 2nd year as PM and he needs to boost the economy, and building infrastructure is the most effective way to generate GDP. I will definitely monitor the ESSB HRC mill closely, and I think HTVB is worth to watch.

Posted by Phoebe > 2024-01-15 12:27 | Report Abuse

I'm not sure if he is a goreng king but they don't give much dividend because they require the money for ESSB. For last few Q, they been dragged down by ESSB losses but i guess things about to change. All Capex has been set in. ESSB will start giving out 30% of profit as dividend starting 2025 which is next year. This will improve HTVB cash flow and possibly of giving better dividend.

Posted by young man > 2024-01-15 15:15 | Report Abuse

when things are too good to believe, mean it's very dangerous. avoid avoid

Posted by tksw > 2024-01-15 15:59 | Report Abuse

Kolek but by bit when big boys push it down....

Posted by tksw > 2024-01-15 16:45 | Report Abuse

Phoebe sifu, I oni know one thing, they are able to get mani to invest in ESSB ....

Posted by tksw > 2024-01-15 16:48 | Report Abuse

Push to close 375 today?