Posted by Major99 > 2016-10-31 18:28 | Report Abuse

Tmr open price will be ?too late buy more fxx

Posted by samyew1234 > 2016-10-31 18:49 | Report Abuse

Ann Joo market cap is RM1 billion, Hiap tek is only RM250m, long way to go, RM500m also good enough already

Posted by Major99 > 2016-10-31 18:52 | Report Abuse

Brainless dream come true

Posted by samyew1234 > 2016-10-31 18:54 | Report Abuse

Luckily announced, if not, blameuse will shoot me kau kau, but never mind, as long as I make money, or better, we all make money

Posted by samyew1234 > 2016-10-31 18:56 | Report Abuse

http://www.easternsteel.com.my/project_progress.asp

Posted by samyew1234 > 2016-10-31 18:56 | Report Abuse

It's a huge project

Posted by samyew1234 > 2016-10-31 18:56 | Report Abuse

Eastern Steel Sdn Bhd, is a Joint Venture company between Hiap Teck Venture Berhad (HTVB) and Shougang Group of China with total paid-up capital of Ringgit Malaysia RM 200 million as at 1st August 2012.

Hiap Teck Venture Berhad, was listed on the main board of Bursa Malaysia Securities Berhad on 2nd September 2003, is one of the leading steel company in Malaysia with headquarters in Klang, with 6 factories/warehouses occupying 65 acres of land, HTVB is an organization that driven by its vision and mission dedicated to meet and to satisfy customers’ needs.

Eastern Steel’s foreign partner- Shougang Group of China, was established in the year 1919 in Beijing, China. Shougang is one of the China’s leading steel companies, with its business diversity in Iron and Steel Making, Mining, Machinery, Electronics, Architecture, Real Estate, Services, Overseas Engineering Contracting and Trade. In the year 2011, Shougang was ranked number 325 on Fortune’s Global top 500 companies with total annual revenue of 34.6 billion US Dollars.




Eastern Steel Sdn Bhd’s current 1.8 billion project for 1.5 million MT of production capacity -The Integrated Steel Mill Complex with land size of 1200 acres located in Teluk Kalung, Kemaman, Terengganu, with Blast Furnace Project Plan as part of its upward integration plan which comprises: a Material Handling System, Coke Oven Plant, Sinter Plant, Blast Furnace Plant, Blast Furnace Top Pressure Recovery Turbine (BPRT), Blowing System, Iron Caster and Dry De-dusting system, Converter with Ladle Refining Furnace, Slab Continuous Casting Machine and Oxygen Making System would have an initial annual production capacity of 0.7 million MT of steel slab upon completion of our phase 1, Stage 1 project. Upon overall project completion, being Phase 1 and Phase 2, would have a total annual capacity of about 3 million MT of steel.

As part of Eastern Steel’ pathway in achieving sustainable development, we recognize the key element for our sustainable future is through our employees by retaining the best talent possible. Apart from the Blast Furnace Project Plan in pipeline, Eastern Steel is constructing Staff Quarters with facilities which will accommodate initially up to 2000 employees of Eastern Steel, located conveniently only minutes away from the Integrated Steel Mill Complex. Our strategic involvement in building up partnership with TATI University College and Shougang Institute of Technology (SGIT) offering our undergraduates Comprehensive Courses in the Iron and Steel Making Industry. On top of that, we offer Industrial Training Programme in various business areas aimed at maximizing the potential of our young talents and preparing them to face the huge global challenges.

Eastern Steel is currently undergoing rapid and aggressive expansion. We place sustainability at the heart of our priorities. We are drive by our core values of “Integrity, Excellent and Responsibility”.

Posted by samyew1234 > 2016-10-31 18:57 | Report Abuse

The project is RM1.8 billion

Posted by Major99 > 2016-10-31 19:01 | Report Abuse

This is 2012's news?

Posted by samyew1234 > 2016-10-31 19:07 | Report Abuse

Hi Major99, now is still under construction, big one I can see from the progress

Posted by Hai Siang > 2016-10-31 19:32 | Report Abuse

Thanks a lot samyew for very detail information

Posted by MaBadri > 2016-10-31 20:20 | Report Abuse

go go manyak senyum

Posted by TeWG > 2016-10-31 20:30 | Report Abuse

Gogogo.... Thanks Samyew1234

Posted by Major99 > 2016-10-31 21:06 | Report Abuse

Thank samyee , how u look about tomorrow?

Posted by Kelvin Lam > 2016-11-01 01:26 | Report Abuse

Breakout 0.355can add-on

Posted by kennny > 2016-11-01 09:23 | Report Abuse

jatuh la...

Posted by bleuerouge > 2016-11-01 09:34 | Report Abuse

TP 42c

Posted by Peter Wang > 2016-11-01 10:12 | Report Abuse

contra kaki still many?

Posted by Major99 > 2016-11-01 10:48 | Report Abuse

@@what happen

Posted by Esala Lee > 2016-11-01 10:59 | Report Abuse

Nice trap

Posted by kennny > 2016-11-01 11:14 | Report Abuse

brainless say something...haha

Posted by Hitman > 2016-11-01 11:17 | Report Abuse

come on la..just to wash weak holder...as you can see good news already announce..TP=60cts

Posted by bleuerouge > 2016-11-01 11:27 | Report Abuse

look at the chart lah, uptrend still intact. Oscillation is normal to scare contra kakis. Have faith and hold tight..20% on the way.

Posted by Major99 > 2016-11-01 11:38 | Report Abuse

buy signal

Posted by samyew1234 > 2016-11-01 11:45 | Report Abuse

I hold hold hold, not easy to wash me out

Posted by samyew1234 > 2016-11-01 11:46 | Report Abuse

Thought brainless will come out one, lol

Posted by kennny > 2016-11-01 11:51 | Report Abuse

brainless sudah flush out lol

Posted by Yohoho > 2016-11-01 11:53 | Report Abuse

Hold

Posted by Major99 > 2016-11-01 11:57 | Report Abuse

Samyew what happen today?

Posted by Johnnys > 2016-11-01 11:58 | Report Abuse

sell on news, kill the contra kaki

Posted by samyew1234 > 2016-11-01 12:01 | Report Abuse

Don't know le, insider selling I think, but for me it's a very good news, now is steel theme and this company is a lagging behind In term of share price, I will hold on to it

Posted by Esala Lee > 2016-11-01 12:28 | Report Abuse

Now i know why so much sohai will lose money in this stock . Too love to lie urself

Posted by Hitman > 2016-11-01 13:39 | Report Abuse

we need a lot of steel next year..hehe...http://www.thestar.com.my/business/business-news/2016/10/31/malaysia-and-china-to-sign-rm55bil-east-coast-railway-contract-on-tuesday/

Posted by gwansoo > 2016-11-01 13:44 | Report Abuse

Stock operators collect before news and sell once news is out. They hold alot of shares and it is easy to unload them when demand is high especially news is out.

Posted by alvinchiam > 2016-11-01 15:08 | Report Abuse

buy

Posted by Vincent91 > 2016-11-01 15:33 | Report Abuse

High selling pressure

Posted by Johnnys > 2016-11-01 17:04 | Report Abuse

Too many contra kaki buy, need press below 0.30 to kill majority of them.

Posted by Major99 > 2016-11-01 17:32 | Report Abuse

So this is for long term

Posted by samyew1234 > 2016-11-01 17:48 | Report Abuse

Hold until next q result, see how lo, contra sure die one

Posted by Esala Lee > 2016-11-01 19:52 | Report Abuse

When always lose money , then tell self is long term investor ,hahha how come Malaysia market can have so much stupid investor

Posted by vcheekeong > 2016-11-01 19:58 | Report Abuse

If u have sold off, why bother comment here? Strange beings

Posted by bleuerouge > 2016-11-01 22:45 | Report Abuse

is it a bearish engulfing on the chart? be careful on short term reversal guys.

Posted by conway007 > 2016-11-02 10:49 | Report Abuse

how low the price will go

Posted by Major99 > 2016-11-02 11:20 | Report Abuse

This is for long term , if u want fast to take profit don't buy

Posted by Louisngu > 2016-11-02 11:46 | Report Abuse

hiaptek boss will ride on trend goreng till high high.... sit well

Posted by Esala Lee > 2016-11-02 12:12 | Report Abuse

Continue lie urself

Posted by Major99 > 2016-11-02 13:24 | Report Abuse

Esala Lee I think u loss many in this counter before, that's why U hate this counter so much, I don't think u are so good to warn people here so that not to lose money

Posted by Esala Lee > 2016-11-02 14:56 | Report Abuse

Who u also say lose money la , can't accept the true , continue enjoy money lock in this stock ok hahaha!

Posted by Major99 > 2016-11-02 15:09 | Report Abuse

Give us a reason why u keep said negative thing about hiaptek ? If Not loss many money at here BEFORE sure won't do this kind of childish behavior

Posted by Esala Lee > 2016-11-02 15:28 | Report Abuse

Hahaha then enjoy the trap man