The Andaman Mega Development in Malaysia
https://www.youtube.com/watch?v=1lhIEwEhw_A

added more at 87-88sen

cut at 37-37.5sen

added more ksl at 1.36-1.38

added more at 85.5-87sen

sold off all balance at 2.04

bought back e&o at 87.5sen

sold first at RM2.00-2.01

added more at 61sen

added more at 38sen

today also bought back LBS at 62sen

bought back ksl at 1.27-1.31 today

sold at 33.5sen

SPAN sch misleading statement 'the expected average increase imposed on consumers would only be an additional RM3 to the monthly bill, which works out to be 10 sen per day' have prompted portfolio to premature lock profit today

PAN Corporate Communications and Consumer Affairs Unit director Mohd Fazil Ismail reportedly said on Jan 5, that the commission has conducted a Tariff Setting Mechanism (TSM) study to ensure a fair tariff adjustment for both water companies and consumers, adding that the water tariffs adjustment is expected to take place this year.

Mohd Fazil said the expected average increase imposed on consumers would only be an additional RM3 to the monthly bill, which works out to be 10 sen per day.....

Remark: increase only RM 3 /month !!!???

https://www.thestar.com.my/news/nation/2024/01/08/span-possible-water-tariff-hike-wont-be-a-big-burden

Hiaptek and ESSB fundamental factual cannot denial by market maker for long. Time will proved when coming Q release in next 2 month

With so many infra project to kick start MRT3, LRT Penang, LRT JB, Sabah and Sarawark highway, Data center and recovery in Msia Property market, NO reason for hiaptek to underperfrom ? especially with incremental ESSB 3 fold capacity, time will tell and prove in next 2 month, upcoming Q result. Just be patient....

Very strange to underperform now !? However, just wait for next Q result to ascertain ESSB profitability

Enjoy dividend ex- today, next is share price ready to go

https://www.steelorbis.com/steel-prices/steel-prices-market-analyses/flats-and-slab/hrc,hrs

added more hiaptek at 41.5sen

sold at 1.24

sold at 63.5sen

ESSB Fianacial performance

https://htgrp.com.my/wp-content/uploads/2023/12/Analyst-Presentation-1QFY24_31-October-2023.pdf

https://thesun.my/business/malaysia-s-lion-group-plans-us-6b-investment-says-algerian-ambassador-MK11930972

Heading to break RM 2.00

Myjpj is gradully take role of myeg

Next, myimmigration?

https://www.thestar.com.my/news/nation/2024/01/02/malaysians-can-renew-driving-licence-road-tax-via-myjpj-app-from-feb-1-says-loke

The Sungai Perak project is a long term project that will take eight to 10 years and is dependent on Perak.

"We know we can’t wait forever so we have eight other projects under the Penang Water Contingency Plan 2030 (WCP2030),” he said.

He said PBAPP will be spending RM1.18 billion over the next few years for the WCP2030 to boost an increase of 602MLD of water supply for the state.

Among the projects planned include plans to build an additional water treatment plant (WTP) to extract water from Sungai Muda, a WTP at Mengkuang Dam to be able to use the water stored there and tapping into unutilised water sources such as Sungai Kerian and Sungai Perai.

Chow said some of the projects have already started and are in progress while others are underway.

"We are also laying a 13km of 1,800mm pipelines from Sungai Dua WTP to the Macallum area on the island and to the Bukit Dumbar reservoir so that water supply to the island is through a different pipeline from the pipeline supplying to the mainland,

In last Q result, Eastern steel incur big unrealize forex loss -RM 123.4m due to USD strengthen from RM 4.58 to RM 4.78, resulted its net profit RM 65m U-turn become net loss -RM 60m.

Hence, it is safe to estimate that current weakness USD to RM 4.58 now if continue toward end Jan 2024 will resulted almost fully writeback unrealize forex loss into gain RM 123.4m + higher stee price in current Q to record much higher profit margin than RM 65m + 3 fold increase volume output > RM 300m in next Q.

Hiaptek 27% stake effective will record almost RM 90m, EPS > 5sen

RM have strengthen from RM 4.78 in Oct 2023 to RM 4.59 today. The big unrealize forex loss incur by eastern steel in last quarter result -RM 123.4m will writeback at least partially to forex gain in next Q result.

PBAPP - Towards 2030
https://www.youtube.com/watch?v=RbS2mtgE8_U

locked UEMS profit first at 84.5sen

While waiting for explosive hiaptek next Q result due t 3 main catalyst above, writeback forex gain + increase steel selling price + increase 3 fold steel production volume, meantime just entitles its cash dividend first next week on 4 Jan

1. RM have strengthen from RM 4.78 in Oct 2023 to RM 4.61 today. The big unrealize forex loss incur by eastern steel in last quarter result -RM 123.4m will writeback at least partially t forex gain in next Q result.

2. Steel price have increase from 3700 to 3960

3. Eastern steel production volume increase 3 fold next Q result

Stay tune, Penang CM will announce new water traffic by end year, and start implementing new water traffic for domestic user next year

Every year, PBA subsidies domestic user water traffic as much as RM 100m, imaging if these subsidies can reduce through domestic water traffic adjustment, PBA profit can potential added up additional RM 100m more

D day is tomorrow cabinet meeting

If granted water traffic hike for domestic user, PBA profitability will leap up significantly

Soaring prices have helped fuel consolidation in the steel industry in this decade. Steel prices more than quadrupled near the start of the pandemic to near $2,000 per metric ton by the summer of 2021 as supply chains experienced gridlock.

Prices have settled back to around $800 per metric ton now, but that remains at the top end of the spectrum for steel prices over the past six years. An extended economic rebound, particularly in the U.S ad China, have helped keep prices for flat-rolled steel elevated.

The implications of this acquisition extend far beyond corporate restructuring. Nippon Steel's move into the U.S. market comes at a time when the global steel industry is undergoing significant changes, focus on manufacturing sectors like electric-vehicle batteries and semiconductors could further drive steel demand.

Eastern steel latest 3 fold capacity in upstream flat steel is also target Mexico as main export its slab steel market, indirect entry into US lucrative automotive EV industries. Once HRC mill ready operation next year sept, midstream HRC aside meet local demand, also target export market

https://www.forbes.com/sites/dereksaul/2023/12/18/us-steel-a-symbol-of-american-strength-that-floundered-sees-shares-hit-12-year-high-on-15-billion-sale-to-nippon-steel/?sh=7ac68cc47dfe

Wait for coming cabinet weekly meeting on wednesday. Water traffic hike is expected to conclude, paving for new traffic rate begin next year onward.

Alliance steel is Malaysia largest long steel producer. But, it is unlisted and wholly own by China company. The main steel product are long steel mainly for construction sector.

Eastern steel main product is flat steel, upstream slab steel, main raw material for HRC. Currently, HRC is HOT HOT HOT flat steel , mainly to produce electronic, electric car, eletrical Applicance etc

歐美明年降息機會大，屆時美元指數下降，原物料行情將走揚，若俄烏與以巴戰爭結束，只要戰後重建題材浮上檯面，「明年可能用噴的，我很有信心」。

Eastern steel recent newly expansion second phase blast furnace, have increase 3 fold slab steel production volume. Most of slab steel are for export oriented, mainly export to Turkey and new market in Mexico, which is under north American free trade zone.

Export Slab steel is use for oversea mid stream HRC production, which in turn import back to Malaysia.

Next year, Sept, eastern steel will have own HRC mill, therefore, able to increase value chain, supply own HRC to meet all Malaysia demand

Eastern steel is Malaysia sole slab steel producer, slab steel is upstream flat product, a key raw s
material for midstream HRC production.

近期大陸熱軋漲到人民幣4,000元以上，再也沒有回頭，顯示根基打得穩；由於大陸鋼價有撐，東南亞鋼市也挺住，價格止跌向上；美國行情更如同井噴般暢旺，美國熱軋底材二周來每公噸漲200美元，價格好、訂單量也多，燁輝一直接單

鋼市內需轉熱 掀起提貨潮…中鋼訂單量衝18個月高點

中鋼因應下游追單，積極規劃提升內需供應量，但當前看來，仍供不應求。業界認為，此舉將牽動明年鋼市量能，直接影響中鋼明年首季產銷。近期，中鋼業務副總劉敏雄鐵口直言「明年鋼市用噴的」，下游大戶的下單是否積極，將是最關鍵指標，值得後續關注

Don forget can entitle RM5 dividend first in Jan while waiting real boom profit in next Q result