Yieldseeker sifu, I said operator no mani to push up.... If push up sure sell down to take back mani... Today I almost able to clear all at 490.. jilakak operator dun wanna to buy my 490 sell Q .. Kakaka
Today is 3rd green candle oreidi, and the longest one, with volume... And gosatan baliken465 after touching 490... Those bot above 470 will tremble if tomolo goostan some more...
If they successfully operate their HRC, making them the only 1 in Malaysia, i guess 80c shouldn't be a problem. According to report, each year we import about 2000 metric ton on HRC and that is equivalent to RM 6 billion. Assuming ES can capture 50% of the market share with their new HRC mill, it is about RM 3billion. I'm not sure what is the current HRC price now but 2 years ago, HTVB MD did share the projection of production cost and estimated selling price and at that time he was saying with the new blast furnace and the power plant, their production cost as low as RM 2000 while HRC can be sold around 2750. I believed this has not include administration cost. For my own simple estimation, conservatively, if the PAT is around 20%, that will gives about RM 600 million. HTVB shares in ES is 27.5% = RM 165 mil per annum which is about EPS of 10c per year. Hence, i would assume an EPS of 13c to 15c from Hiaptek and ES. If they established a 30% dividend policy, that will gives about 4c. Anyway, this is my personal projection and wishful thinking..... @^_^@
Est all my 585 I sapot sikit balik 480, promis9 ... Cos phebe sifu oreidi spoken....TQ for sharing Phoebe sifu,,, salute..for now on ding dong go up... Take profit a long the way...
I agree with Phoebe. The HRC mill will be key to Hiaptek success. If they can produce HRC locally, that will be a game changer. Currents China HRC future is equivalent to RM 2,400 but this is FOB China. Which means buyer pay for shipping which needs to be included into their selling price. Furthermore, it will takes 3 to 4 months with custom clearance.
Thought yesterday our government said they will ensure all their project buy local steels? RTS & HRS wor, how much steels already, with this news, I tot this ctr can hit at least 50 cents ............hehehe......................
ERCL also, some more can claim US steels market a bit in absent of China steels due to their high tariff, wait this tksw siful clear all his old stock may be 50 ++ cents possible la, the company must show some excitement/gratitude to welcome government decision ma. .......hehehe.........................
If anyone has been "short selling" this ctr, may need to get the tickets back at higher price now or may be even higher later, better now lo, go go HiapTek , Ong Heng Huat ya !!! ........hehehe...........................
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....
Kim
4,321 posts
Posted by Kim > 2024-07-02 16:38 | Report Abuse
Breakdown in 5 minutes.