There are more than 900 companies in KLSE, 30% are quite profitable, maybe >10% are strong , well managed companies. Hiap Teck has a big NOSH with a poor price history. If I am uncle with his huge financial can easily look for some nuggets to play with. This Hiap Teck thing is getting boring.
I feel sorry for the people who believe so much in hiaptek just because the company happened to have some good FA and steel prices might be rising. I have respect for OTB but I feel his judgement here has been clouded. He has over analysed it to paralysis. Hiaptek nosh will be a ball and chain on the share price. If you own hiaptek shares, just get out now. So many other good non steel stocks flying now. By December this year, the price will still be no higher than 60, I guarantee.
Geezer is a failure today. He used to boast and thump his chest. Now I wonder where are all his followers. Nothing coming from Geezer will be taken seriously by anyone. In fact, if he chooses to buy the share you owned, then its time to sell out. The share will go down instead. He is shunned like the plague. This is his KARMA.
As you know, I've been advising to take a position in Genting (3182). You must understand, steel stocks may or may not rise, however what is proven is that the sector is highly cyclical and subject to one-offs
What is not is Gaming. After all, gambling is human nature and is as old as Man himself. In fact, with all the other travel and tourism stocks closing due to the pandemic, Genting's attractions in Genting Highlands, US & Bahamas, UK & Egypt will be that much more attractive - as the aphorism goes, 'what doesn't kill you, makes you stronger'. As such, we hope that you are able to take a position in Genting before you miss the boat on the greatest run in Genting's history
1971 Genting Highlands Opens 2021 50 Years of History and Growth
2009 Global Financial Crisis 2020 Covid-19 Pandemic
2009 Year of the Ox 2021 Year of the Ox
2010 Resorts World Sentosa (SG) opens 2021 Resorts World Las Vegas (US) opens
2009 Mar RM3.08 (low) to 2011 Nov RM 11.98 (all time high) 2020 Nov RM2.95 (low) to 2022 Xxx RM ????
Tak ulangi, macam mana nak bagi naik dan gaut balik berpuluh juta yg hilang? Belum lagi kira kerugian sahabat-sahabat yg ikut bersama. Rasa serba bersalah. Sebab tu, baik bilis mati dari sahabat maki....paham??
same modus operandi, luring ikan bilis so he can offload. then after he offloaded then will sing bad that counter. in short, KYY recommend buy, you should consider take profit already.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
patrico8
334 posts
Posted by patrico8 > 2021-10-06 16:57 | Report Abuse
There are more than 900 companies in KLSE, 30% are quite profitable, maybe >10% are strong , well managed companies. Hiap Teck has a big NOSH with a poor price history. If I am uncle with his huge financial can easily look for some nuggets to play with. This Hiap Teck thing is getting boring.