Yeah, maybe because of my old age of over 60, it didn't dawn to me earlier that we are in choppy bursa! You don't hold for long except for Hibiscus! The rest spike up and go down again! Repeat! So you end up buying and selling many times! If you hold, then you miss the opportunity to make fast money! So there! Just sharing! Trade! It is what it is!
My strategy for AYS is to buy on weakness! And sell on strength too! For Hiaptek, it's not possible! So i am going to sell all my Hiaptek on strength! Looking at Hiaptek, it will breakout soon! Maybe up to 60 cents! Which i indeed to sell all at that point! And of course switch all to AYS which is more exciting!
Anyway, both oil and steel are on bullish momentum! For steel, it has totally bottom out and only can head north from now on! China will experience steel crunch going forward! But for Malaysia, it's all export baby! If are not into trade, then consider Annjoo! This is going to be No.1 steel stock! AYS is best for traders! Hiaptek, hhhmmm, i don't know! Hidden gem but what's the point if it's not in funds radar!
Steel has gone through super major correction! So expect sudden surge in price as steel traders will exploit the deep gap between demand and supply! Supply is limited but the demand has always been very high!
PER for AYS is trading at 2x valuation, dividend is paying quarterly 1.5sen, total 6sen, yield > 10%. Super value buy. Uptrend started today. Thank you.
Yeah OTB! I am fortunately enough to be able to buy AYS yesterday! But be mindful of sudden dip! Divvy will be end of this month for AYS! So it's like getting double profit! As for Hiaptek, i think today those who entitled will get their divvy! So yeah, for Hiaptek, i am getting divvy! So switching to AYS is like getting divvy after another!
For Hiaptek, we may see sudden breakout to 60 cents as steel price is going to surge! But again, compare to AYS, Hiaptek price movement really let us down! I think funds ignore Hiaptek! A hidden gem that remain hidden! Very unfortunate!
OTB! Finally some IB giving some target for Hiaptek! We can only watch and see!
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