Posted by CharlesT > Jul 29, 2021 11:12 AM | Report Abuse
Fm my observation OTB never miss all the recent years' theme play (since 2013 I think)
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Dear CharlesT,

Will steel stocks be the next theme play for 2021/2 ?
Please advise.
Thank you.

Posted by stockfreak > Jul 29, 2021 2:40 PM | Report Abuse

I always ask myself "Why isn't OTB or KYY being fined by SC?"
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I hold a remisier licence for 28 years, SC can catch me anytime.
I know all the rules.
Please do not embarrass yourself here.

Thank you.

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Dear stockwin,

I did recommend Supermx when the share price was at 4.70 based on TA.
The share price went up to 6.20 and retraced back to 5.60.
I recommend to add position on Supermx again at 5.60.

I told my followers to cut loss at 4.50.

It is my mistake. I am sorry.
Thank you.

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Posted by qq3333 > Jul 27, 2021 10:52 PM | Report Abuse

Good evening.Can anyone update me on steel shares.Some say sell some say buy.I take my time to read all the informative postings on i 3.Thank you
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I hope you are a good person.

Please read the below link to check up the Chinese steel price.
https://tradingeconomics.com/commodity/steel

The steel price go up 32 Yuan today to 5,644 Yuan/MT.
Thank you.

Dear Philip,

He want to force me to follow his way of investing.
I have my method, I refused to listen.
It is the outcome.
He is an ungrateful person.
Must avoid this type of person at all cost.
I learn my expensive lesson.
Thank you.

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Dear UlarSawa,

Please buy Hiaptek and hold until at least 1.00.
This target price will be achieved before September 2022.
I assure you that you can win big on this stock.
I continue to buy on every weakness.
Thank you.

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Dear Sslee,
I never attack any person in public forum.

I had tried to avoid washing dirty underwear in public.
I try to keep quiet and avoid answering.

When you deal with this ungrateful person, it is the consequence.
I regret.

Thank you.

CharlesT,

Do not waste time, I have avoided him since 2021.
I recommend LeonFB and all steel stocks because the fundamentals of all steel stocks are very good.
Nothing related to him.

Thank you.

Please do not talk about money.
I am not that type.
I do all the favour to him without a single cent.

Thank you.

When the share price of Supermx rebounded to 5.60, I recommend a buy based on TA.
We cut loss around 4.50.
It is my mistake.

Thank you.

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Posted by investortrader88 > Jul 27, 2021 9:28 AM | Report Abuse

Hiap Teck Venture Berhad is engaged in investment and property holdings, and the provision of management services. Its segments include Trading, Manufacturing, Property and Investment, Transportation, and Mining Exploration. The Trading segment is an importer, exporter and general dealer in steel products, hardware and building materials. The Manufacturing segment is engaged in manufacturing, renting and distributing steel pipes, hollow sections, scaffolding equipment, accessories and other steel products. The Property and Investment segment is involved in investment in and renting out property and investment holding. The Transportation segment is involved in provision of transportation of goods by lorries. The Mining Exploration segment is involved in exploring, contracting and activities related to the mining, processing and selling of iron ore. Its products and services include Steel Plates, Scaffolding Accessories and Mild Steel Channels.

# Div 0.58 %

# Cash RM 143.5 million

# Receivables RM 319.7 million

# Debts RM 393.3 million

# Nett cash RM 69.9 million

# Long term & other assests RM 457.1 million

# Pe 6.2

# Roe 11.7 %

# Roce 11.7 %

# Roa 8.9 %

# Has become profitable over the past 5 years, growing earnings by 52.5 % per year

# Earnings are forecast to grow 18.28% per year for the next 3 years

# Nta RM 0.69

Posted by investortrader88 > Jul 27, 2021 9:28 AM | Report Abuse

Hiap Teck Venture Berhad is engaged in investment and property holdings, and the provision of management services. Its segments include Trading, Manufacturing, Property and Investment, Transportation, and Mining Exploration. The Trading segment is an importer, exporter and general dealer in steel products, hardware and building materials. The Manufacturing segment is engaged in manufacturing, renting and distributing steel pipes, hollow sections, scaffolding equipment, accessories and other steel products. The Property and Investment segment is involved in investment in and renting out property and investment holding. The Transportation segment is involved in provision of transportation of goods by lorries. The Mining Exploration segment is involved in exploring, contracting and activities related to the mining, processing and selling of iron ore. Its products and services include Steel Plates, Scaffolding Accessories and Mild Steel Channels.

# Div 0.58 %

# Cash RM 143.5 million

# Receivables RM 319.7 million

# Debts RM 393.3 million

# Nett cash RM 69.9 million

# Long term & other assests RM 457.1 million

# Pe 6.2

# Roe 11.7 %

# Roce 11.7 %

# Roa 8.9 %

# Has become profitable over the past 5 years, growing earnings by 52.5 % per year

# Earnings are forecast to grow 18.28% per year for the next 3 years

# Nta RM 0.69

I never attack any person in public forum.
Why so personal to attack me all the time ?
I did not answer does not mean that I am wrong.
I am a grateful person, I always "remember the source of the water when I drink water".

I keep quiet is to give him a chance to think it over.
I keep quiet is a matter of respect.
Please do not abuse it.

I stop here.
Thank you.

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Under the guidance of the iron and steel reduction policy, some domestic steel mills have announced maintenance plans. Taking Jiangsu Province as an example, the total crude steel output from January to June was 63.58 million tons, an increase of 12.77%. In order to complete the target for the whole year, Jiangsu's leading sample steel mills will need to reduce their output by more than 4 million tons in the second half of the year. In order to meet the needs of the domestic market, imported semi-finished products are then rolled into the first choice of most steel mills. Chinese steel mills are actively looking for opportunities to import billets.
According to Mysteel, the import price of general billet in the recent market is about US$710-725/ton CFR Jiangyin Port, an increase of US$24-28/ton on a week-on-week basis. Part of the low-cost resources from India are about US$700/ton, but considering that the Indian epidemic may cause ships to be unable to dock or stay for 14 days to enter the port, most buyers are cautious about Indian resources
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Chinese steel mills are actively looking for opportunities to import billets.

Ans : ESSB of Hiaptek is able to compete internationally to export billets.
ESSB will increase the capacity from 700,000 MT to 1.5 million MT in FY 2022.
Hiaptek will perform well in FY 2022.

Thank you.

Posted by BlessedInvestor > Jul 23, 2021 12:24 PM | Report Abuse

Moving towards blast furnaces

To put things into perspective, there are only two major steel players operating blast furnaces currently — Alliance Steel and Eastern Steel.

In general, a blast furnace is three times more capital-intensive than an electric arc furnace (EAF) but its steelmaking cost composition including raw materials is about 25% lower than the latter’s.
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I want to add the below statement about Hiaptek or ESSB.
Blast furnace of ESSB will help to save RM 100 million a year.
Hence the profit of Hiaptek will be good in FY 2022.

Thank you.

Steel price goes up 79 Yuan on 23/7/2021 to 5,600 Yuan/MT.
The steel price breaks one week high.
Please read the below link.
https://tradingeconomics.com/commodity/steel
Steel stocks listed in China had gone up 10% to 20% in the last one week.
Thank you.

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I have shared enough information here.
Please do your homework before you invest.
Do not listen to anyone including me.
It is your money, please decide yourself.

I will stop here.

Thank you.

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LeonFB
Please refer to the below link.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5...
Last 2 quarter EPS = 17.49.
The share price of LeonFB is 0.95.

Vitrox
Please refer to the below link.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0097
Last 2 quarter EPS = 17.23.
The share price of Vitrox is 19.30.

The share price of LeonFB is only 4.9% of Vitrox.
Very sad.

Thank you.

Posted by BlessedInvestor > Jul 23, 2021 12:24 PM | Report Abuse

Moving towards blast furnaces

To put things into perspective, there are only two major steel players operating blast furnaces currently — Alliance Steel and Eastern Steel.

In general, a blast furnace is three times more capital-intensive than an electric arc furnace (EAF) but its steelmaking cost composition including raw materials is about 25% lower than the latter’s.
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I want to add the below statement about Hiaptek or ESSB.
Blast furnace of ESSB will help to save RM 100 million a year.
Hence the profit of Hiaptek will be good in FY 2022.

Thank you.

No point to attack me, please check my records in I3.

If the stock is not good, I will never recommend it in I3.
I care more on my reputation than money.

In 2021, I recommend steel stocks only.
I recommend Hiaptek in I3 because Hiaptek is my favourite stock.

I did not recommend LeonFB but I support this stock because the fundamental of this stock is also very good.

Thank you.

Thank you BlessedInvestor.
Good article.
Thank you.

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