HIAP TECK VENTURE BHD

KLSE (MYR): HIAPTEK (5072)

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Last Price

0.29

Today's Change

-0.01 (3.33%)

Day's Change

0.29 - 0.305

Trading Volume

5,196,700

Overview

Market Cap

507 Million

NOSH

1,745 Million

Avg Volume (4 weeks)

3,964,675

4 Weeks Range

0.26 - 0.315

4 Weeks Price Volatility (%)

54.55%

52 Weeks Range

0.26 - 0.70

52 Weeks Price Volatility (%)

6.82%

Previous Close

0.29

Open

0.30

Bid

0.29 x 2,325,200

Ask

0.295 x 582,200

Day's Range

0.29 - 0.305

Trading Volume

5,196,700

Financial Highlight

Latest Quarter | Ann. Date

30-Apr-2022 [#3] | 29-Jun-2022

Next QR | Est. Ann. Date

31-Jul-2022 | 29-Sep-2022

T4Q P/E | EY

2.64 | 37.94%

T4Q DY | Payout %

2.79% | 7.39%

T4Q NAPS | P/NAPS

0.72 | 0.40

T4Q NP Margin | ROE

14.12% | 15.36%

Market Buzz
Company Profile

Sector: INDUSTRIAL PRODUCTS & SERVICES

Sector: INDUSTRIAL PRODUCTS & SERVICES

Subsector: METALS

Subsector: METALS

Description:

Hiap Teck Venture Bhd is engaged in investment and property holdings, and the provision of management services. Its segment includes Trading, Manufacturing, Property and investment, Transportation, and Mining exploration. The Trading segment involves operating as an importer, exporter and general dealer of steel products, hardware, and building materials. The Manufacturing segment involves in manufacturing, renting and distributing of steel pipes, and other steel products. The Property and Investment segment is engaged in renting out property and investment holding. The Transportation segment includes a provision of transportation of goods by lorries and the mining exploration segment consist of exploring, contracting and activities related to the mining, processing, and sale of iron ore.

Discussions
14 people like this. Showing 50 of 15,903 comments

Pendekar_BujangLapok

I rasa TP dua kupang sekarang.

1 month ago

mrsembangsaje

How low can hiaptek go? 0.2? Ignore sifu target. From now 0.27 to HLB target 0.53 is 100%.

1 month ago

citadel888

Post removed.Why?

1 month ago

kamcheonghui

Sifu mrsembangsaje sure or not i buy today at 0.275

1 month ago

mrsembangsaje

I am not sifu. I can't write report. Do ur own research. Haha

1 month ago

VincentTang

China steel price drop 4.11% today.

4 weeks ago

ks55

Look at Jaks. Look at Sendai. And look at Hiap Teik.
All these stocks were heavily promoted at the time sifu gave all the 'facts' and 'figures'. Are those so-called 'facts' and 'figures' still good? All those 'facts' and 'figures' had changed because those companies fundamentals all changed?
Can someone please explain?

4 weeks ago

citadel888

Post removed.Why?

4 weeks ago

Jerichomy

ago

4 weeks ago

UlarSawa

Haiyoh still penkritik more than promoter lagi. Harga pun turun lagi. How lah. How lah. Correct?

3 weeks ago

UlarSawa

Haiyoh company 4Qtrs PE pun tinggal 2.41 only. Now very low meh. Why share price getting lower and lower. Why ha. Anyone can answer Ular. Correct?

3 weeks ago

UlarSawa

PE so low nobody want. PE high one everyone want. Ini logic mana boleh like this one. Haiyoh. Correct?

3 weeks ago

UlarSawa

Then what is the problem Hiaptek is like this low price. Anyone know. Haiyoh. Correct?

3 weeks ago

StingRay

You really want to know? hahaha. I can tell you. Wakaka.

3 weeks ago

UlarSawa

Haiyoh sifu you mari sini lepak kah. Ular pun sama. Wtg answer from promoters leh. Ular dunno mah. Correct?

StingRay

You really want to know? hahaha. I can tell you. Wakaka.

16 minutes ago

3 weeks ago

StingRay

No need to wait for promoter lah. If you have pick that up, keep in peti sejuk for awhile. I will explain to you if got opportunity. But not openly here lah. Haiya.

3 weeks ago

UlarSawa

Haiyoh Sifu pun so confident ask Ular to beli and put in the fridge leh. Ular 100% caya sifu cakap one leh. Pasti ada samseng di dalam lah. Sifu. Correct?

StingRay

No need to wait for promoter lah. If you have pick that up, keep in peti sejuk for awhile. I will explain to you if got opportunity. But not openly here lah. Haiya.

2 minutes ago

3 weeks ago

StingRay

Hoi... may need to keep for sometime Hor. If you have not bought, tunggu dulu lah. Wakaka.

3 weeks ago

UlarSawa

Now Ular will become promoter again after monday beli saham lah. Sekarang pun takda saham lagi lah. So long takda jadi promoter since Sifu OTB time left. Why leh. Bcos Ular punya sifu sudah advised Ular lah. Pasti sure not wrong punya lah. Apa reasons later Sifu cakap then know lah. Sekarang dunno yet lah. Important must get a reliable sifu advice baru takda kena tipu lah. Haiyoh. Correct?

3 weeks ago

UlarSawa

Ha sifu tunggu lagi kah. Ok ok. Ular stop become promoter pasal belum beli lagi lah. Nasib baik lah. Haiyoh. Correct?

StingRay

Hoi... may need to keep for sometime Hor. If you have not bought, tunggu dulu lah. Wakaka.

1 minute ago

3 weeks ago

StingRay

I will explain to you in due time. But not openly here lah. Haiya.

3 weeks ago

UlarSawa

Ok ok Sifu. Sifu can use I3 to PM ular. Then no one will know except two of us lah. Correct?

StingRay

I will explain to you in due time. But not openly here lah. Haiya.

36 seconds ago

3 weeks ago

StingRay

Aiyooo... I boh Chun Liao you still believe me meh? The rules of playing this game has changed since I left a few years ago. Now, just want to verify what I see against my data first. Hahaha.

3 weeks ago

UlarSawa

Sifu sure can lah. Just need a bit of time to fine tune it nia nia. Jiayou Sifu. Correct?

StingRay

Aiyooo... I boh Chun Liao you still believe me meh? The rules of playing this game has changed since I left a few years ago. Now, just want to verify what I see against my data first. Hahaha.

37 seconds ago

3 weeks ago

UlarSawa

Sifu Ular initiated I3 pvt msg link to you liao. You can go inside and pm ular what you want to tell ular privately one. Correct?

3 weeks ago

StingRay

Ular... later lah. Use email or WhatsApps better lah. Mai kan Cheong. Relax first. Now I need to go out. Hahaha.

3 weeks ago

UlarSawa

Ok ok sifu. Ular pun mau makan tengahari liao. Mau rehat rileks sikit liao. Tapi sifu macam mana can email or whatsapp ular leh. Use taligam lah. Haiyoh. Correct?


StingRay

Ular... later lah. Use email or WhatsApps better lah. Mai kan Cheong. Relax first. Now I need to go out. Hahaha.

4 minutes ago

3 weeks ago

koyokui

Market up chance to get at this price back

3 weeks ago

baby snake

Wow.. very wildlife has..
Got ular.. got stingray..

3 weeks ago

StingRay

Aiyooo... babu snake also got Liao. when monkey will be coming? Wakaka.

3 weeks ago

koyokui

Buy buy dow jones up 700point

3 weeks ago

koyokui

Hiaptek will up in evening insyaallah

3 weeks ago

Jerichomy

Otb in heng yuan and petron so why waste time in hiap teck

2 weeks ago

daneilchoong

do hiaptek operator same like jaks.jaks up

2 weeks ago

citadel888

Post removed.Why?

2 weeks ago

VincentTang

Steel price drop today.

1 week ago

Gem Man

Last time got "sifu" cincai teach people on steel industry.. heres a proper sharing laaa

https://klse.i3investor.com/web/blog/detail/Sharingpsot/2022-08-05-sto...

1 week ago

enlistcapital

One Up on Malaysia’s Steel Industry

While there are many well-intentioned contents published on stock forums, some of them are simply based on writers' opinion and understanding may end up become inaccurate or mispresented, so to speak.

That being said, I do not wish to point fingers or lay blames to any parties, and I hope whatever I shared in this article could brighten up our reader’s mind.

To begin with, there are generally two types of steel industries player in Malaysia, namely the manufacturers and/or value add companies, and those who involved mainly in the trading and wholesaling business.

As for the value chain, the photo taken from Bulatlat had presented well on how it works.

https://www.bulatlat.com/2016/09/21/buildfilipino-developing-local-ste...

1 week ago

enlistcapital

Generally, Malaysia did not involve much in the iron ore mining industry, as our country’s mineral mining sector recorded a gross output value of MYR3.5 billion, out of which RM1.7 billion is attributable to bauxite and ilmenite mining (2016, Mining and Quarrying Economic Census).

And according to Trading Economics, https://tradingeconomics.com/malaysia/mining-production the mining production in Malaysia had averaged a 0.75% drop from 2011 until 2021. Hence, we do not see much iron mining activities ongoing on Bursa.

1 week ago

enlistcapital

While investors would generally refer “steel” prices on CNY-based rebar, which is the first search result one could find when you googled “steel prices”, flat steel and value-added products such as hot rolled coil and cold rolled coil data is relatively harder to be found. Hence, there are many misunderstood on the pricing – which is completely understandable especially for those who are new to the market.
You could also see that the application of long steel such as rebar and flat steel are much different.

Understandably, the prices for “steel” are constantly fluctuating alongside with supply and demand.

While many could argue that “steel” prices had went down from its high, the value of construction work done alone in 2022 Q1 in Malaysia had amounted to RM29.5 billion – steel, being one of the key construction materials, is poised to see an increase of demand, and at the current juncture, it is still considerably profitable for steel players in Malaysia.

For manufacturers in Malaysia, they are generally applying to a costs-plus model in terms of factoring their prices. In other words, as long as the management had been keeping a close eye on steel prices and manage their inventories well, the company should remain buoyant against the price fluctuation headwinds, while preparing rigorously for the next upcycle.

For number crunchers, we need to relook at the term “Revenue” , which obviously was made up of 2 aspects for steel companies, namely the volume supplied and selling price of the products.

In weaker steel prices time, the manufacturer or trader could rack up their volume to cover up fixed costs as well as enhance their margins, and during the steel upcycle, they could enjoy both at once. It all comes down to how well the company was managed, especially on the inventory level.

1 week ago

enlistcapital

Speaking of which – inventories could make a difference on the profit and loss statement, but for obvious reasons it would depend on when the goods were sold. Do bear in mind, that these inventories are not like your properties, which one could revalue to inflate its bottom line, but instead, it needs to be sold then only its bottom line can be concluded which is always tied back to the timing of sales.

Of course, for slow moving inventories and those inventories which are below its net realisable value, the steel manufacturers and/or traders may even need to impair or setting up an allowance for impairment on the books!

Therefore, I was amazed when investors are touting the idea of steel companies inflating their numbers by not doing anything on their inventories.

However, for investors, it is always about the return on investment. We all know that the stock market generally had a 6-12 months forward nature in pricing and valuation, and that would very well explain the current valuation of the steel companies. Coupled with hampered investors sentiment, there you go, low single digit PE steel companies.

It is wise for investors to normalize the company profit, and to certain extent – try to wait out for a low for companies who managed their cash flow well.

1 week ago

enlistcapital

Oh! Speaking of which, cash flow and debt is another commonly debated issue in the steel industry.

I think many investors may understand the basics of working capital, but not the concept of trade financing. You see, in a capital-intensive business, it is sometimes cheaper to raise a super short-term borrowing of 30 to 120 days in order to secure customers and better margins.

This is common that steel industry, or commodities related companies on Bursa had over a great deal of their debt in short-term trade financing, which is lower in financing costs, as it was prorated.

It is just sad to see that investors are injudiciously and blatantly claiming that steel makers would raise borrowings just to pay dividends to attract investors. Dividends are generally approved by the board members while for final dividends, shareholders’ approval need to be sought. The board members which also consists of independent directors must have closely monitor the cash flow of the company before approving it.

So much for saying debt-for-dividend.

I think investors need to be fair in justifying the profit and loss, as well as cash flow movement of any steel companies in Malaysia before crowning an undervalued or overvalued statement over them. It is simply irresponsible.

Remember, what is undervalued now can be overvalued in 6-12 months’ time, and vice-versa.

Cheers!

1 week ago

ty Y

Post removed.Why?

4 days ago

daneilchoong

keepbuying uptrend now

4 days ago

ty Y

Post removed.Why?

4 days ago

TanDavid88

Kita menang million daripada Supermx di 2020.

4 days ago

koyokui

Upttrend

3 days ago

kamcheonghui

we make this platform to promote good stock to buy to make money. Sifu uncle koon, sifu OTB and many other.

3 days ago

ty Y

Post removed.Why?

3 days ago

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