Koon Yew Yin's Blog
Why should AYS rebound? Koon Yew Yin
Koon Yew Yin
Publish date: Tue, 02 Nov 2021, 11:22 AM
Koon Yew Yin
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An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.
All materials published here are prepared by Mr. Koon Yew Yin
All materials published here are prepared by Mr. Koon Yew Yin
Yesterday KLCI dropped 32 points and practically all the listed stocks dropped because of our 2022 budget announcement. The 2 proposals under Budget 2022 are likely to have a negative impact on Bursa’s earnings for the financial year ending Dec 31, 2022.
1 The increase in stamp duty of Rm 200 per contract note could reduce equities’ average daily volume as trading cost for investors rises.
Many investors are confused especially small day traders. They must remember that even if you traded a stock many times in a day, it is considered one contract and the stamp duty is Rm 200.
2 The introduction of the one-off special tax under “Cukai Makmur’ in 2022, with a higher tax of 33% versus 24% currently for pre-tax profit in excess of Rm 100 million. Only big capped companies are affected. AYS is not affected.
The last column of the above table shows AYS’ EPS for the last 4 quarters. Its EPS for its latest quarter ending June was 8.5 sen and its EPS for its previous was 4.45 sen, an increase of nearly 100%.
In view of the recovery from the Covid 19 pandemic, there will be no more MCO lockdown. As a result, all businesses and industries will recover. There will be more property and infrastructure construction which will require more steel and benefit all steel stocks especially AYS.
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Discussions
Be the first to like this. Showing 33 of 33 comments
Sslee KYY the stamp duty increase from 0.1 % to 0.15% and the cap of RM200 is removed. That mean if today you trade RM 500,000 per day per stock the stamp duty you now paying RM200 and by 1st Jan 2022 the stamp duty will be RM750.
=========
its a good tax.
2021-11-02 11:48
Haha,
At least KYY need to pay more indirect tax come 1st Jan 2022 for the seek of kelurga Malaysia shared prosperity.
2021-11-02 11:53
Dear Mr Koon Yew Yin,
I've stated it before, but it seems your stubbornness due to possibly your age has meant that you never listen. You must understand that only one of us can be right. The real question is how high can it rebound. And the answer is not very high from the looks of it. Let's hope that the steel stocks have not left you with irreparable damage
" Blog: Why foreign funds return? Koon Yew Yin
Posted by emsvsi > Oct 11, 2021 9:13 AM | Report Abuse
Dear Mr Koon Yew Yin,
You must understand, steel stocks may or may not rise, however what is proven is that the sector is highly cyclical and subject to one-offs. Foreign investors know this
What is not one-off is Gaming. After all, gambling is human nature and is as old as Man himself.
In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'.
As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history
1971 Genting Highlands Opens
2021 50 Years of History and Growth
2009 Global Financial Crisis
2020 Covid-19 Pandemic
2009 Year of the Ox
2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens
2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high)
2020 Nov RM2.95 (low) to 2022 Xxx RM ????
History always repeats itself
Sincerely,
emsvsi "
2021-11-02 11:53
LOL, this joker keep popping up. Good luck to those who listen to his "advice", he's such a big hearted person that telling you all there's another multi bagger coming your way
2021-11-02 11:55
Australia being a major iron ore producer has only 2 major integrated steel producers yet import steel (fabricated products)(ggogle)...Why...margins are thin and highly cyclical...so malaysia????
2021-11-02 12:09
mr koon you say never buy a downtrending stock ....knn i see the charts for hiapteck and ays like broken support line already
2021-11-02 12:32
u bash cpo prices and hinting for people to sell when there is no breakdown in cpo price at all. U remain the best indicator in the market! when u ask buy we sell and vice versa. so keep it coming sir!
2021-11-02 12:37
This unkle is gone kuku liao
He bring many ppl holland when call buy AT
Sinkalan
2021-11-02 14:48
The chart clearly telling you to sell. Kyy telling you to hold is a confirmation of sell all your AYS portfolio. bye bye
2021-11-02 16:42
Wait and watch. After a while, KYY will say "I already sold all my steel stocks for a good profit. Please disregard everything I said earlier, steel stocks are bad after all"
2021-11-02 17:49
Genesis 18
New International Version -
Abraham Pleads for Sodom>>
26 The Lord said, “If I find fifty righteous people in the city of Sodom, I will spare the whole place for their sake.”
27 Then Abraham spoke up again: “Now that I have been so bold as to speak to the Lord, though I am nothing but dust and ashes, 28 what if the number of the righteous is five less than fifty? Will you destroy the whole city for lack of five people?”
“If I find forty-five there,” he said, “I will not destroy it.”
29 Once again he spoke to him, “What if only forty are found there?”
He said, “For the sake of forty, I will not do it.”
30 Then he said, “May the Lord not be angry, but let me speak. What if only thirty can be found there?”
He answered, “I will not do it if I find thirty there.”
31 Abraham said, “Now that I have been so bold as to speak to the Lord, what if only twenty can be found there?”
He said, “For the sake of twenty, I will not destroy it.”
32 Then he said, “May the Lord not be angry, but let me speak just once more. What if only ten can be found there?”
He answered, “For the sake of ten, I will not destroy it.”
(NOT EVEN THERE WAS 10 righteous people in city of Sodom, so the Lord destroyed the whole place)
2021-11-02 18:24
I know china steel rebar future hit limit down again jz now~ Although not direct relationship with Ays
2021-11-02 19:03
Hello shit old man! Didn't I ask u to shut up!! No one ask for ur opinion! Finish hiaptek some more want con more?? U know.. Ur mouth full of SHIT and its stinks!!
2021-11-02 19:24
Thank you uncle Koon. I bought AYS at 90 cents and promptly lost 20 cents today.
2021-11-03 11:01
dont listen to uncle d la...how many times u all want to kena burn?
2021-11-03 13:13
Why this iddiot go every way to promote palm oil stocks?
If you so confidence what you bought, why need to go every way non-stop talking unless you start realise not the better choice so need all waterfish members here to support you
I don't why 3iii administer didn't take any action to suspend this iddiot account to avoid keep on spamming every way
I pegging administer need to take proper action against this spammer
Posted by calvintaneng > Nov 3, 2021 4:09 AM | Report Abuse
Reposted Article by Calvin Tan: CPO OVER RM5,000: A LOOK AT SOME COMMENTS FROM FELLOW FORUMERS IN PALM OIL
2021-11-03 13:43
1 Chronicles - 22:
9 But you will have a son who will be a man of peace and rest, and I will give him rest from all his enemies on every side. His name will be Solomon,[a] and I will grant Israel peace and quiet during his reign.
>>ONE of the ways to serve the Creator is to be a man with peace of mind - not to get excited or be excitable.
This is very important principle. One might think that "Peace and Quiet" is not related to jealousy, anger or envy. One might think that the lack of "Peace and Quiet" is nervousness. YES, is wrong to be excitable, to lose your tranquility.
WHEN Shlomo was about to become king, God said to Shlomo's father:"He is going to be a man of calmness...1 Chronicle 22:9.
..as investors offloaded selected heavyweight stocks
2021-11-03 18:17
looks like KYY has moved from Hiap Tek to AYS big time. Now he is promoting
2021-11-03 22:08
why not sop 1h eps 30cts,pe around 6 only.low risk may high return.iron ore productions can increase anytime at existing mine area,but oilpalm tree must wait at least 3 yaers above with less yeild............ be patient
2021-11-04 21:28
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Sslee
KYY the stamp duty increase from 0.1 % to 0.15% and the cap of RM200 is removed. That mean if today you trade RM 500,000 per day per stock the stamp duty you now paying RM200 and by 1st Jan 2022 the stamp duty will be RM750.
2021-11-02 11:40