Koon Yew Yin's Blog

Hiap Teck reported disappointing result - Koon Yew Yin

Koon Yew Yin
Publish date: Fri, 17 Dec 2021, 04:02 PM
Koon Yew Yin
0 1,424
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 investors were expecting Hiap Teck to report better profit than previous quarter because there were no more MCO lockdown.

Yesterday Hiap Teck reported reduced EPS 4.11 sen for the latest quarter ending October. Its previous quarter EPS was 4.26 sen, totalling 8.36 sen for 2 quarters. Last traded price is 50 sen.

AYS reported reduced EPS 6.51 sen for the latest quarter ending September. Its previous EPS 8.50 sen, totalling 15 sen for 2 quarters. Last traded price is 64  sen.

Hiap Teck last traded price is 50 sen and EPS for 2 quarter is 8.36 sen. 

AYS last traded price is 64 sen and EPS for 2 quarters is 15 sen. 

Investors should sell Hiap Teck to buy AYS    

 

 

Related Stocks
More articles on Koon Yew Yin's Blog
Malaysia has the most civil servants per capita in the world - Koon Yew Yin

Created by Koon Yew Yin | May 28, 2024

It is a human nature that most men would complain to their wives that they were overworked and the wives would tell their husbands to get some assistants. As a result, the number of staff increases...

Sendai is under priced - Koon Yew Yin

Created by Koon Yew Yin | May 13, 2024

Eversendai Corporation Berhad recently reported its earnings results for the fourth quarter ended December 31, 2023. Here are the key financial highlights:

Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | May 06, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai is still up trend - Koon Yew Yin

Created by Koon Yew Yin | Apr 30, 2024

As shown on the chart below, Sendai has been dropping in the last few days. Today all shareholders must be wondering to sell, hold on or to buy some at a cheaper price.

Discussions
Be the first to like this. Showing 31 of 31 comments

sensonic

I AM SO EXCITED TO BUY SHARES NOW AS WINDOW DRESSING IS NEARER AND CNY RALLY IS COMING .

2021-12-17 16:15

qqq3333

yes sell Hiap Tek, disappointing results, disappointing margins and worse to come.

2021-12-17 16:35

calvintaneng

sell hiapteck is correct but buy ays in the same steel industry is wrong

why wrong?

answers:

1. Evergrande and 3 China Developers defaulting in bond payment and cannot pay contractors

As such steel prices will come down when more China contractors stop work

2. Spore Greatearth contractor also gone bankrupt due to very high cost of steel and labour

so how many steel companies got high receivables (IOU) on balance sheet. hiaptech receivables increased by Rm120 millions

it was Sendai receivables (IOU) that turned into bad debts and Sendai crashed from Rm1.60 to 20 sen and trapped qqq333 inside


3. Spore has just announced property curbs which is bad for steel

steel is a lumpy business sold to few big time construction companies

so there is always a danger of payment default

better buy palm oil as it is sold as cooking oil to 2.75 millions in India and China and it is a cash crop

2021-12-17 16:38

calvintaneng

qqq3333 the quack duck finally speak from painful experience as he put 50% of his capital in Sendai at Rm1.60

Calvin warned quack that Sendai's profits were lumpy receivables (IOU)

Quack duck defended for Sendai (send die)

Finally Sendai crashed 80% to 20 sen

So qqq3333 speaks from real painful experience

too late for qqq3333 but hopefully not for others

2021-12-17 16:41

alenac

wow, qqq3333 mutherland supporter kena send die?

2021-12-17 16:44

Tobby

The same old trick! Grandpa ask you to sell while he quietly buy! Few months later he will tell us to buy when it's time for him to sell!

2021-12-17 16:47

calvintaneng

aiyoo fortunebullz aka tobby kena tricked as well

how come you veteran in i3 so many years also can kena?

2021-12-17 16:50

qqq3333

sendai, KYY lost some money, I think......but share market win some lose some.

2021-12-17 17:06

i3lurker

.
Hiap Teck reported Guaranteed Results !!!

what a joker !!!

results already known many months ago.......

:)

.

2021-12-17 17:08

Hoho22

Old shameless crook is really senile

2021-12-17 17:15

jasonred79

So Hiap Teck profit fell 0.5%, and AYS profit fell 25% ... and you want to sell Hiap Teck and buy AYS? LOL.

AYS profit is falling a LOT faster than Hiap Teck.

2021-12-17 18:28

enning22

don't play play with ICU stocks(ICU重症病房).Invest in cimb,pchem ,misc, EPF keeps buying these stock,2022 year of strong growth for malaysia,reason is ,dued to supply- chain moving out of china and comes to south east asian countries.

2021-12-17 20:38

uncensored

CIMB good meh... slow moving stock

2021-12-17 20:53

cheoky

Same category as tun m.

2021-12-17 20:59

Want2MakeMoney

Old Man Koon is the most disgusting old man investor I have ever seen. Belongs to same league as old horse. One minute buy call , one minute sell call

2021-12-18 04:15

SunnySunshine

Wonder why this old man still around, he already proved himself so bad in stock selection & always talked nonsense

2021-12-18 09:37

Tobby

Actually Grandpa Koon got it wrong! Hiaptek QR is very impressive! Highest revenue in it's recorded quarters! As for AYS, the latest result is cause for concern! It actually dip alot!

2021-12-18 15:09

uncensored

So Tobby are you buying or just holding ?

2021-12-18 15:41

Yu_and_Mee

KYY, sorry for your losses

2021-12-18 15:46

uncensored

OTB is advising people to stay put...aiyo ...siapa betul ?

2021-12-18 15:50

uncensored

I asked OTB. His reply as below:

_________________________________________________________
Posted by OTB > Dec 18, 2021 3:54 PM | Report Abuse

My FA strategy is
cannot buy the stock if the 2 consecutive quarters results showed a reduction in PAT.
I did not consider any MCO shutdown because this event is not the fault of the management of the company.
Thank you.

2021-12-18 16:03

uncensored

I tend to believe OTB more.... HaHaHa

2021-12-18 16:03

uncensored

Disclaimer: Please seek your respective stock brokers for advise.

I do not owned any Hiap Teik shares.

2021-12-18 16:06

SunnySunshine

You said all? Or you only? You are looking for 1000% boom so that you can mouth water this stock, right?

Perhaps you had already sold & now you start to bad mouth this stock, that’s what you have been doing all the time

2021-12-18 18:10

SunnySunshine

Coward!!

2021-12-18 18:10

Stockhunter88

Still got people want to layan this kyy aftrt this previous saga in glove.

2021-12-18 20:55

calvintaneng

Post removed.Why?

2021-12-18 22:45

DonLee

SC should investigate this KYY

2021-12-19 14:16

uncensored

aiyo... don't be like that lahhhh what happen if you happen to win money then how ??? What are you going to do ??? Be a responsible person, don't blame other...ok ?

2021-12-19 15:17

uncensored

You can't force a COW to drink water if its not willing...

2021-12-19 15:18

Post a Comment