OTB sensei, you are a very reputable investor in KLCI and your wealth and figures in your bank have proven that you are a successful investor. But would you mind to ask one of your friend to stop spamming about this counter as no one will appreciate his article and somemore sometimes I feel that both of you to gang up and gg other ikan bilises like me.
Stop playing buy and dump tactics as your followers are making other ikan bilises suffered. You are just grabbing the money from other investors or day traders.
How many counters that you are involved are continue to have the share price going north after you finished your trade.
Kindly aim those foreign fund counters otherwise you make no difference from those day traders and opportunist.
-------------------------------------------------------------------------------------------------- OTB Steel price will increase in the next 12 months
I totally agree with OTB steel counters will perform very well once the pandemic is under control. I bought ann joo n Mycron last yrs but did't take profit when the prices will up more than 70 to 80 percent. I m a long term investor. Now with some money I m slowly accumulating mycron and hiap teik. I believe now is the right time to accumulate more not sell.Hope my judgment is right.
The sell-off particular focus on Leon fatt if compared to other steel stocks solely due to kyy publicly slamp it. It create force for all of his follower to sold off after.
Based on date, kyy should have sold off last week, his follower start sold off yesterday and tody, therefore, it more than 3 days selling off already. The pressure should have easing now and await for rebound to in line with other steel stock.
Very well written, logical explanation and full of supporting facts.
I would like to share the below that I think important to sustain of earning 4 steel industries.
1) Anti dumping duties will shield local s/industries from importers with products from Indonesia, Vietnam. Unreasonable cheap dumping is a major issue that had plague steel players for many years esp low seasons/demand. These importers normally consist of small grouping individuals will take advantage of loophole on import duties on kastam lists besides spot price diff of locally made products. They have the upper hand cos steel manufacturers need to address the costing issues like iron ore, coal, manganese besides to take care thousands of rice bowls of staffs and storage, maintaince of facilities and logistics. Its very lucrative business since we talk about millions per shipment with just 2/3% margin. Its much straightforward minus the hedging which I can say they are manipulators that have cause steel Mills to bleed years after years in order to compete.
With better communication, collaboration bet MITI and players this leakage can be addressed better. Currently there is 7 to 30% tax impose depends on products and countries origin.
Many thought MCO 3.0, only essential business operates. The truth is the back door is wide opened as we can see the daily infections numbers is not lowering. If every one duduk diam diam, the only answer to this increasing trend is people got infected by mosquito bites, hahaha!!
So it's not surprise for the well manage ctns still able to deliver a profitable coming quarterly results.
BUY if you are convinced with OTB explanation on 2 important VARIABLES as below :
1)DEMAND (sales) = S 2) ASP(net margin) = Y, at current lv already good enuf, but OTB DATA points to increasing margin.
If you were compare the revenue and output per metric tonnes produce(estimations as no accurate direct data) many Mills is not running at FULL capacity. So the sluggish coming qtr will be compensate once lockdown ease to cover the vacuum of low production (shortage in market) with ramp up of outputs.
PAT = S (Increased) x Y (Increase)
The best is yet to come, important for investors to always stay invested, more patience and pick a good entry points while price is week.
Do not listen to stock tips, especially from famous “super investor” Many people speculated in the stock market based on rumours and stock tips and had lost money. Most of them had lost so much that they just refused to talk about the stock market anymore. Most of them know many of their friends and relatives who had lost a lot of money doing the same thing in the stock market. None of them know anyone who had become rich. Do not listen to stock tips. That includes from me, your friends, relatives, investment bankers, uncles, aunties and especially from the famous “super investor” in the internet space. There ain’t no tooth fairy in investing. That is a sure way of losing money in the stock market. Let us look at the promotion of this super investor recently in i3investor, on Leon Fuat berhad, a steel production company.
KC Chong is my good friend after we know each other in I3. According to KC Chong, I am one of his good friends who can be trusted at all times. He said to his students, I am a good and honest person he has ever met. Thank you.
Do not listen to stock tips, especially from famous “super investor” Many people speculated in the stock market based on rumours and stock tips and had lost money. Most of them had lost so much that they just refused to talk about the stock market anymore. Most of them know many of their friends and relatives who had lost a lot of money doing the same thing in the stock market. None of them know anyone who had become rich. Do not listen to stock tips. That includes from me, your friends, relatives, investment bankers, uncles, aunties and especially from the famous “super investor” in the internet space. There ain’t no tooth fairy in investing. That is a sure way of losing money in the stock market. Let us look at the promotion of this super investor recently in i3investor, on Leon Fuat berhad, a steel production company.
KARMA WILL ATTACK U IF U KEEP CON PEOPLE AT i3. ALL PEOPLE IS LOSING MONEY COZ U.
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Bgt 9963
7,445 posts
Posted by Bgt 9963 > 2021-07-13 08:47 |
Post removed.Why?