Koon Yew Yin's Blog

Steel stocks comparison update - Koon Yew Yin

Koon Yew Yin
Publish date: Tue, 08 Feb 2022, 06:43 PM
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

Covid 19 pandemic which was started more than 2 years ago, has been depressing almost all the listed stocks because workers cannot go to work during MCO lockdown. Among all the listed stocks, steel stocks have dropped the most. Currently there is no more MCO lockdown. As a result, there is more construction activities and increasing demand for building materials including steel. As shown on the table below, all the listed steel stocks are at single digit PE ratio.

Note: Since there is no more MCO lockdown in the next half year, I have safely assumed the next half year EPS is the same as the last half year for comparison. I left out Lion Industries because it has reported losses. I also left out Choo Bee because the daily traded volume is very small.

 

I am obliged to inform you that I have Prestar, Leon Fuat and AYS which are the 3 cheapest steel stocks among all the listed stocks in terms of PE ratio.

 

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Discussions
Be the first to like this. Showing 19 of 19 comments

thesteward

Yes Choobee nice

2022-02-09 07:34

ahbah

Choo Bee ... vol. too small for our expert kyy to sapu kuat kuat !!!

2022-02-09 11:19

uncensored

When did Uncle sold off all his Hiap Teck ?

2022-02-09 11:21

ahbah

All steel stocks ... super chip !!! Our expert kyy no way can be wrong here !

2022-02-09 11:21

sensonic

Post removed.Why?

2022-02-09 12:36

ahbah

Today, the mkt got give CNY angpow$$$ to all. Thank You.

2022-02-09 15:07

paperplane

gloves PE lagi LOW, net cash all, go buy gloves better. Steel mah also same oversupply.

2022-02-09 16:17

ahbah

paperplane, please continue buy all the glove stocks u like. Thanks.

2022-02-09 16:19

LeonXx9

Dear KYY, why every time you promote your stocks, your stocks drop?? Not criticizing you, just asking.

2022-02-09 17:00

Sslee

Posted by LeonXx9 > Feb 9, 2022 5:00 PM | Report Abuse

Dear KYY, why every time you promote your stocks, your stocks drop?? Not criticizing you, just asking.

Answer: Because he is selling every time he promote his stocks

2022-02-09 17:05

monetary

all commodities will nose dive after May. some1 very desperate to clear stock.

2022-02-09 17:06

ahbah

kyy's promotion = kyy's selling ?

2022-02-09 17:11

LeonXx9

Ya, very fishy.

2022-02-09 17:45

uncensored

这就是所谓的, "愿者上钩". 不要责怪别人

2022-02-09 20:18

kelvin61

Geezer is a hippocrate. Last time said he won't play commodity shares. Isn't steel business a commodity?

2022-02-10 07:18

amateurJR

haha now prestar pula

2022-02-10 17:40

foongkitmun

How steel going to make profit without construction booming???

2022-02-10 23:25

Tobby

The biggest benefactor of surging steel price is Hiaptek! But what do i know! Wait for it's coming result this month!

2022-03-02 14:28

VTrade

Yes, Big vol easy come , easy go

2022-03-02 14:52

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