Jim Carrey is not a wise man..... he's just a comedian. Don't simply quote any white man and say he's a wise man. Just because he's a white man doesn't mean he's a wise man.
Private placement of Leon Faut 31m at 85 sen was completed on 07 May 2021
At current price of 99.5 sen, Private placement investors still can make a profit of 14.5 sen (17% profit)
Chart wise, the private placement investors could be in the process of unloading their stock before it move down to break even price of 85 sen
In my opinion, the upside potential is limited. Buying is easy, but getting out of your buying position with a good profit could be tough under present conditions
本地厂房无法运作 OTB had already provided the answer earlier 政治动荡, That is why the current prices is depress 钢铁股价突破新高有难度, may or may not as KYY had mention at forecasted 2X PE I believe market will rebalance itself Im holding tight and will buy on dip
Don't read that it was a curse rather a warning to those liars that they will meet their fate and if he is lying it will happen to him too so why do anyone take it as a curse, unless one is lying and is worried.
as for the mention old FOX if the money that he made can be donated to charity, I for 1 will gladly support him to made more
Commodity Weekly From CCB International dated 5 July 2021
Commodity highlights – China China’s steel hub implements output curbs for the rest of 2021 The city of Tangshan, China’s top steel-making city, has implemented a 30% cut in production that is expected to last for the rest of the year, according to mysteel.com. The curbs will only affect those mills that fail to meet ultra-low emission targets. The steel industry contributes more than 15% of China’s total emissions and is therefore central to plans to curb emissions. It remains to be seen whether the output curbs in Tangshan will be implemented elsewhere. If they are, the tendency will be to boost finished steel prices and lower iron ore and coke prices. Such an outcome will depend, however, on the extent to which other producers offset the decline in Chinese production. The main impact is likely to be a reduction in Chinese steel exports that will benefit steel exporters outside of China, especially Korea.
The steel price will go up in the next 12 months. The share prices of steel stocks listed in the US, Russia and China, most of them go up north and some hit limit up.
The share prices of steel stocks listed in KLSE cannot go up north because the investors are fearful of Covid-19 pandemic and unstable Malaysian government. The fundamental of steel stocks is very good and trading at a forward PER of less than 5. I write with facts and figures. It is very sad to invest in this hopeless market (KLSE). Thank you.
Dear All, we are all mature adults. Everybody can posted their opinions and views.. if you choose to follow anyone them, it is your choice. If you made monies, are you going to reward the opinion givers ? Likewise, if you make loss, tell yourself,,,next time I should be more careful to filter the genuine ones.. Even the smart one will also make losses…maybe their calls are more often than right. In stock market, many elements are in play..
Let us behave as gentleman and lady .. No point call names and cursing ..
I have 2 simple rules to follow when I post my articles in I3. 1.) I will never attack any person in I3. 2.) I will never talk bad about any stock listed in KLSE especially good fundamental stock.
I am a very principle person, I have proven it in I3 forum all the times.
I will still repeat them .... 1.) All steel stocks listed in KLSE will perform very well in the next 2 years until 2022/3. 2.) I will never recommend a stock in I3, I sell the stock after I posted it. 3.) I will remain invested in LeonFB even I lose all my money invested in LeonFB.
KYY ask to sell, OTB recommend Buy. KYY V OTB... interesting; Both have their own views on current business environment . Lets see what happen for an investment time horizon of 12 months. I shall check again on 10.7.2022. [ Leonfuat close at 99.5 sen on 9.7.2021 ]. Just a friendly contest, no blood on the street please.
If you trust in leonfb then just hold for 6 months .No one force you to buy.Our government issues and China want to cool down the price but I believe not for long time .Steel important or not important you all know what.Got dividend not bad what compare to other. Put like FD if you bought it in high price.
Just 5 days ago, KYY in his blog declared that all steels companies will be announcing great profits in the coming quarter. Yesterday he said he had already sold all his shares in Leonfb bcos coming quarter profits of steel companies will not be good. He tells you after he had already sold off !
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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....
apple168
6,236 posts
Posted by apple168 > 2021-06-28 15:13 | Report Abuse
LeonFB was ordered to close factory till further noticed! Run…