Takda blogger tulis blog on AYS like Uncle Koon kah. Hari hari so free to gaduh why not tulis blog on AYS like Uncle Koon leh. Ular wtg anyone ada so powerful than Uncle Koon one can help or not. Boleh?
Steel price hitting high again! Unfortunately this Ukraine nuclear thingy hit at the wrong time! I dare not say anything until we are sure of what happen to Ukraine nuclear power plant! If we get positive development, then buy on dip! If not, i don't know! Best to wait next week!
No substance, only say profit increases and then buy. After that, results is below expectation, state "Luckily I have already sold". What a shame. OTB's report is well done. Can read his rationale of writing.
Hong Kong market hits hard amid rising COVID. It repeats like how other countries did in 2020/2021 during the mass lockdown. Whenever the price drops, go pick at cheaper cost.
Hello, where are those who sold few hundred thousands in one transaction today? Please sell more to me between 0.56 and 0.565. I wait long time already.
Dear OTB, I agree with what you shared above and believe in the potential of Steelaris. To be honest, I reside in SG now. The construction sector has been opening up since last year when the government decides the strategy to "live with COVID". The progress recovers back to pre-COVID days, except for the off shore marine industry. Having said that, thanks to the rising crude oil price which serves as a catalyst to the recovery of offshore marine, I expect the demand will rise too. Offshore marine contributes significantly to Steelaris business.
I know who the VIP stands for. Hahaha. This KYY just loses his respect and credibility. When a person is getting aged, he may be "nyanyuk" and remains ignorant. Just like Charlie Munger who once looked down on Tesla. KYY had a very bad impression to me when I first met him during GADANG AGM a few years ago who shared his view to the MD on how to report earnings from quarter to quarter to guide investors' expectation. I pay no respect to him.
Also, if you study the recent quarterly report of local construction players (purely in industry, not conglomerate), to name a few, eg MRCB, SUNCON, their revenues shot up drastically after the relexed COVID measures in the quarter. A slight drop of profit QoQ in AYS does not generalize that the business is going to reduce. That could be due to biling progress issue or other cost adjustment. There is one old saying going, the duck in the pond will know how warm the water will be when the spring is around the corner. Read the construction players' P&L, you will know what will be going on next.
Don't act foolish like the old man KYY, the quarterly profit drop 2 quarter consecutively that's why it is no good and shall sell off. The share base of this counter is too small and thus any big disposal from this old man and his gang will defnitely suppress the price.
Dear SJSOON, The PAT of Q3 2022 is affected because the demand for steel products is low in this quarter despite higher selling prices of all hardware. The built up in the inventory cost is due to less sales on steel products. It was reported in the Q3 2022 report. Once construction and oil & gas industries pick up, the higher sales of steel products will bring down the inventory. The higher sales of steel products will increase the PAT due to hike in the selling price of steel products in Singapore and Malaysia. There is an announcement on selling price increase of steel products in Malaysia effective March 2022. Hence this Q4 2022 result is very important to me, it will determine whether I will continue to hold or dispose off this stock. Thank you.
Cabinet agrees to implement MRT3, improve Pan Borneo Highway. These 2 project will help steel industries as a whole. Hope for the best that we have been waiting. I saw the trading volume of Prestar is so high, may be funds are buying steel stocks. Good luck and hope for the best. Thank you.
My message to the people who complaining. I)u all do not pay long enough to see his works(im not in) II)Duh,if u all learn there would be somekind of stop loss be put III)Dun expect to people give all the answer for free Iv)Invest must have some kind of self discipline(like stop loss or give back,never greed or respect to others) V)Please not complaining like the some DAP people.Complaining will not solve anything but finding solution. Vi)Please singapore advisory services charge few k per month.but few in here only charge 100-200 per month.Dun expect paying fews but asking for musang king.Means dun be rediculous.Sucessful people would not do tht.
We have very few mega projects lately! Government need to revive as many mega projects as possible! Harapan did a horrible job of cancelling many useful mega projects! That's why we remain so stagnant of late!
IMO, Malaysia market is a Dead Cat Bounce, a Bear Trap Malaysia is a net exporter country and highly dependent on the world market When most of the world markets are turning bearish, there is not way Malaysia can continue to be bullish. Buyer beware :)
Sell all steel stocks and palm oil stocks to buy MSC. Miss universe stock has just been changed from Hiaptek to MSC. MSC will be next PMBTECH. Target price for MSC is RM20.
It is the facts that AYS didn't perform till today. No need to so stubborn here. You can't beat the market. Admit it. I don't have to say much as karma hit you now.
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....
HuatRex
2,617 posts
Posted by HuatRex > 2022-03-03 23:52 | Report Abuse
Just wait i will reveal your true color.