i am happy to buy at current price

Current price is a buy as even sifu OTB and KYY also losing money.

AYS top 30 shareholders already owned 70%. The share price, i think, is controlled by operators.

https://finance.sina.com.cn/futuremarket/

Today Rebar futures round 4300. This price is good for msian steel like hiaptek and ann joo. Sport price around 4700

i am buying...

KYY also losses heavily on AYS i think.

current price low enough to buy already lah. Even sifu OTB also lossing money at current 46 sen...

Jaks top the list of short selling... even higher than glove stocks now. It is insider jobs knowing private placements are coming? Bursa should investigate this...

below comment is very correct.

Having said that, current price is buy...drop back to 2018/19. Local business is bleeding, power plant is making good money.

----------------------
Jenny 听Aseng 的话已经去了荷兰几趟了。哈哈

Fully agreed with SSlee per below. Jaks CEO needs to read this....

So many individual investors are losing money in Jaks, including KYY


--------------------------


But in Malaysia I am very sad that some of the CEO of public companies are self serving in dipping their hand into the cookies jar, treating the company as their own private piggy bank and their priority is Me first, Me second and Me third.

Nothing destroy the share value of the company faster than a self serving or a conman CEO and many people lose his/her life saving and some even commit suicide because of insider con job/scam. The conman/scammer get away with murder because good man do nothing until when the victim is his own family member or close friends then only they regret not doing something to stop or expose the scam.

We as minority shareholders are perfectly capable and able to stop it before it happen if we just care to attend AGM ask the hard questions and hold the BOD and external auditor accountable. Follow up and report any irregularities/red flags to SC/Bursa.

Most of small cap shares dropped by more than 30%-50% lately. Just wander what shares Aaron bought lately and most small retail investors lost heavily lately. I believe most PMB shareholders are making good money...

pmb price is considered very strong in this turbulent market... very good sign...

Most investors are losing money this year but PMB tech investors are making money

Q4 will be quite something.
- Assuming no more MCO from now to end Dec, utilisation rate should be close to full capacity
- ASP (spot) is MUCH higher in Q4. Be it Chinese silicon metal or Europe, Q4 price range between USD 4500-9500, much higher than Q3 prices.
- Operating leverage.

Whilst there's no mention of utilisation rate, there was a mention of MCO 3.0 happened during the quarter (Note A4).

MCO 3.0 only essential allowed to operate. Steel, other metals, even medical gloves are not allowed to operate for almost a month...

PMB, even without full production, can achieve such results with PBT margin of 22% at asp of around USD 2600. This quarter asp will be around USD 4000-4800. If we use asp of USD 4000, the estimated profit will be RM 63m

more than 90% of stocks are beaten down today...Today is shopping time...

sold some today at RM 13 to take profit. I am very happy to buy back today RM 12.10-12.22 range today...

How will it benefit Scope?

Tomo PMetal will announce result. PMB will either report quarterly result today or tomo...

current rebar futures price 4441....

https://finance.sina.com.cn/futuremarket/

China rebar futures rebound to near 4400 today, sign of bottoming at 4100+ few days ago

i believe steel price will no longer cheap following china environmental policy and decarbonization

------------------------------------

Sslee https://www.cnbc.com/2021/11/22/steel-prices-to-trend-higher-compared-...

Steel prices could trend ‘much higher’ compared to the last 10 years, major Indian steelmaker says
PUBLISHED SUN, NOV 21 202111:10 PM EST

AYS jumps today

https://finance.sina.com.cn/money/future/fmnews/2021-11-20/doc-iktzqtyu8475644.shtml

钢价见底？可以抄底了？冬储时机到来

PMB will likely announce its result today or monday....

Good, we need patient.

This week China's Si priced had rebounded strongly. Currently hovering around USD4400 level Europe Si prices remained strong, Currently hovering much higher than China's prices at around USD7500 level ...


......................................................................

PureBULL ... Posted by PureBULL ... > Oct 30, 2021 6:45 AM | Report Abuse X

Global financial exam TOPIC: EV IS DRIVING SUPER HIGH DEMAND IN EV.METAL N EV.TECH FOR DECADES

This is just the BEGINNING, look at how bullish these EV.METALS r:

LITHIUM +311% ytd, $191,500 now
TIN +82%, $37,040
COBALT +75%, $56,545
ALUMINUM +38%, $2,735

SILICON +173% since Aug 1st, 2021, cny$41,375


Our PMETAL, a KLCI component stock at $50 billion mkt cap is the mkt proven giant stock now n will only be growing larger.
PMBTECH n MSC r the next coming multi bagger stocks available on KLSE...

https://tradingeconomics.com/commodity/tin

http://www.sunsirs.com/uk/prodetail-238.html

i will buy AA OR if it is cheap...

I do not have any airasia currently...

Yes. I bought a lot Tune lately....Singapore, Thailand and Msia also impose compulsory health insurance for tourists...

https://finance.sina.com.cn/money/future/fmnews/2021-11-15/doc-iktzscyy5556149.shtml

尴尬！卖一吨钢材买不了一瓶矿泉水？不止，部分钢厂还要倒贴100元！

Current china price should have bottomed...

https://www.enanyang.my/%E5%90%8D%E5%AE%B6%E4%B8%93%E6%A0%8F/%E2%80%9C%E9%9C%B8%E2%80%9D%E6%B0%94%E5%8D%81%E8%B6%B3%E7%9A%84%E5%85%AC%E5%8F%B8%E4%B8%87%E5%B9%B4%E8%88%B9


这样三番两次动用公款兴讼，股东在面对停牌和市值大缩水的折磨之际，应该联合起来呼吁董事部尽快把特别独立审查完成，公诸天下，别再乱枪射鸟了！

hold some better, don't in and out, in and out as you will miss big jump...

PMB and Scope are my two best performing stocks in my portpolio

We trust Koon family...

China does not have stock for export...PMB shall follow international price

Basically all of China prices had gone back to end Aug prices. However, prices in Europe US for all materials are still hovering at record high.

Spread is insane. For instance, silicon metal 441 spot in China is trading around usd 3600 today whilst it is trading at usd 8300 in Europe. More than double!

China market will adjust in due time...

looked like engine is starting...

fundamental - demand prospect change or rather mkt sentiment change again due to sign of easing of property policy. rebar price jumped about 8% today

https://www.thestar.com.my/business/business-news/2021/11/11/china-stocks-up-as-property-shares-surge-on-policy-easing-bets

https://www.thestar.com.my/business/business-news/2021/11/11/china-stocks-up-as-property-shares-surge-on-policy-easing-bets

fundamental - demand prospect change or rather mkt sentiment change again due to sign of easing of property policy. rebar price jumped about 8% today

cannot simple post here, nanti kena sue...

https://finance.sina.com.cn/stock/zqgd/2021-11-11/doc-iktzscyy4950290.shtml

大爆发！一则传闻引发地产股集体涨停，

good stock. everyone make money by holding it tight

https://finance.sina.com.cn/futuremarket/

The leader of commodity stock in msia should be pmetal where mkt cap increased from RM 5b to today's about RM 42 billion, over 700% return over the last five years, multibagger stock

Not surprised Kyy sold Hiaptek as AYS share base smaller, easier to move...

I also shared yesterday that steel is commodity and commodity is very volatile and fundamental ie supply and demand dynamic can change very fast...

i also shared that US steel supplies are still very tight, based on my contact.

esterday i shared my estimated sifu OTB's average purchased price, as KYY purchase price as well...sharing is caring mah

i am happy i chase chase low yesterday...bought hiaptek, ays and ann joo

https://finance.sina.com.cn/futuremarket/

very correct lah... chase high don't blame sifu OTB. No one ask you to chase high...OTB sifu just provide facts and figures as of today. The future, no one can see...Stock price is reflective of future prospect mah.

some steel stocks up by more than 7% like AYS... Want to chase high? Better don't? If want to chase high, don't blame sifu OTB...

yesterday is the best timing. some steel counters already up 5%. hiap tek just up about 2%....chase high don't blame OTB...hahaha

haha, china rebar up 8% now

KYY Conclusion:

Currently there is still some forced selling to meet margin calls. I am very sure that AYS price will soon recover to at least its share placement price of 76 sen.

haha, uncle last purchase price was 70sen using margin....

................................
As you all know the Budget 2021 proposal has affected almost all the listed stocks, especially the large cap stocks due to the prosperity tax increase from 24% to 33%. In view of this additional tax, all the big cap companies will report reduced profit next year. As a result, institutional and foreign investors have been dumping their shares. This rapid dropping of large cap stocks is also pulling down small cap stocks, including AYS.

The last traded price for AYS is 68 sen and my last purchase price was 70 sen using margin finance. I will have margin call if it does not rebound today. In any case whether AYS rebound or not to day, I am not discouraged to use margin finance.