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
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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| Chart | Stock Name | Last | Change | Volume |
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Discussions
Be the first to like this. Showing 19 of 19 comments
All steel stocks ... super chip !!! Our expert kyy no way can be wrong here !
2022-02-09 11:21
gloves PE lagi LOW, net cash all, go buy gloves better. Steel mah also same oversupply.
2022-02-09 16:17
Dear KYY, why every time you promote your stocks, your stocks drop?? Not criticizing you, just asking.
2022-02-09 17:00
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
all commodities will nose dive after May. some1 very desperate to clear stock.
2022-02-09 17:06
Geezer is a hippocrate. Last time said he won't play commodity shares. Isn't steel business a commodity?
2022-02-10 07:18
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
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Yes Choobee nice
2022-02-09 07:34