Attended numerous technical charting courses in town. Currently, still work as a Remisier (> 23 Years experience) in Malaysia. Competed in 2015 stock pick competition, made 129% gain in 12 months. I was the champion of 2015 stock pick competition in I3investor.com.
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2022-03-01 23:33 | Report Abuse
I will not care about naysayers here. Said what you like, I do not care.
I will not even read the posting.
I will fight it back if it is a personal attack on me.
2022-03-01 14:37 | Report Abuse
nicky,
Invest in the stock market must have confidence, once you lose the confidence, you will make very bad decision.
A lot of buyer there, hope the share price can be supported.
Please note that private placement was done at 0.76, the owner has to support the share price.
He cannot allow the share price to drop too low unless the stock is not a good FA stock.
Thank you.
2022-03-01 12:20 | Report Abuse
1. Many of my students are big hardware sellers, they have very big warehouses.
I did check with them, they told me that they use borrowed money or loan to stock up all steel products when the steel price is cheap in Q4 2021 (From Oct to Dec 2021). Interest rate is nothing to them in view of high selling price of steel products in 2022.
2. Negative cash flow - I agreed. All steel stocks are having negative cash flow, not only AYS. I have all the reports from Prestar, LeonFB, AYS.
3. Interest cost of AYS is 9.889 million in Q3 2022, interest coverage is 14.75. Any number better than 9, it is fine.
4. Same explanation as 1.
MRT in Singapore is proceeding, all oil and gas and construction activities are back to normal in Singapore and Malaysia, the demand for steel products will be high.
They expect demand of steel products will be up in 2022. Wait and see.
I read through quarter results many times, I also had done my analysis before I answered your question.
Thank you.
2022-03-01 12:16 | Report Abuse
It is a discussion, no point to start personal attack.
Thank you.
2022-02-27 14:07 | Report Abuse
I stop here.
Enough for me for today.
I said sorry to all readers here.
2022-02-27 14:06 | Report Abuse
I stop here.
Enough for me for today.
I said sorry to all readers here.
2022-02-27 12:04 | Report Abuse
Only a few naysayers in I3 will continue to attack me on "personal attack" instead of sharing good information in I3.
All readers here should know who are they.
Thank you.
2022-02-26 23:24 | Report Abuse
The price of palm oil crossed 5,000 on 5/1/2022, the share prices of palm oil stocks started to move up north in the early February.
1 month delayed in timing.
Hope the share prices of steel stocks can move up north soon.
Thank you.
2022-02-26 23:23 | Report Abuse
The price of palm oil crossed 5,000 on 5/1/2022, the share prices of palm oil stocks started to move up north in the early February.
1 month delayed in timing.
Hope the share prices of steel stocks can move up north soon.
Thank you.
Stock: [AYS]: AYS VENTURES BHD
2022-03-02 07:00 |
Post removed.Why?