Posted by TradeNewBie > 2020-12-15 16:00 | Report Abuse

if it is not due to yesterday political drama.. hiapteck already shoot pass 0.55

Posted by TradeNewBie > 2020-12-15 16:02 | Report Abuse

baru cakap.. hiapteck sapu all at 0.495

Posted by TradeNewBie > 2020-12-15 16:03 | Report Abuse

aiyo.. why people throw down

Posted by TradeNewBie > 2020-12-15 16:10 | Report Abuse

gogogogo

Posted by TradeNewBie > 2020-12-15 16:23 | Report Abuse

lai lai.... gogogo... tomorrow shoot to 0.60

Posted by TradeNewBie > 2020-12-15 16:32 | Report Abuse

goreng for CNY... lai lai

Posted by nIck1234 > 2020-12-15 17:51 | Report Abuse

company issue new shares, share volume increase means share price will drop?

Posted by Beltland > 2020-12-15 19:10 | Report Abuse

It's a good sign indicates that the priced will move above 50cts because the conversion price is 50cts .If the mother price is below 50cts,you can buy from the market directly since it is cheaper.Something is brewing ?

Posted by Ivan911 > 2020-12-15 22:09 | Report Abuse

AGM excellent announcement on Dec.17 ...pray for tomorrow break 0.535 flying

Posted by powerup89 > 2020-12-15 23:09 | Report Abuse

slow n steady....relax je

Posted by calvintaneng > 2020-12-16 00:07 | Report Abuse

SELL HIAPTECK

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/2020-12-15-story-h1538224450-IN_BULL_RUN_YOU_MUST_KNOW_HOW_TO_PRESERVE_GAINS_FROM_SHARE_MARKET_AVOID.jsp

Posted by Anwarcool > 2020-12-16 00:35 | Report Abuse

Pray for limit up

Posted by powerup89 > 2020-12-16 02:23 | Report Abuse

calvintaneng ....y to sell hiapteck?

Posted by Hengoredi > 2020-12-16 12:54 | Report Abuse

This stock can keep.

Posted by Slumberjer > 2020-12-16 13:51 | Report Abuse

Why?

Posted by hishamvss > 2020-12-16 14:10 | Report Abuse

Keep till what price going up?

Posted by Gavinchay1991 > 2020-12-16 14:38 | Report Abuse

Board meeting today QR will out end of today and also tomorrow will announcement AGM NEWS !!

Posted by nIck1234 > 2020-12-16 17:00 | Report Abuse

will it be a good news from AGM meeting tomorrow?

Posted by Alexander78 > 2020-12-16 17:26 | Report Abuse

QR out already ?

Posted by patrickong > 2020-12-16 17:27 | Report Abuse

Out already

Posted by Alexander78 > 2020-12-16 17:27 | Report Abuse

got profit

Posted by Alexander78 > 2020-12-16 17:39 | Report Abuse

Can fly tomorrow?

Posted by patrickong > 2020-12-16 17:49 | Report Abuse

Hard to say. Most of the time after QR. Profit also down

Posted by Awangtoklah > 2020-12-16 18:08 | Report Abuse

QoQ decrease, YoY increase... The company slowly climbing is it?

Posted by Ronaldh > 2020-12-16 18:12 | Report Abuse

This company tp at least rm1

Posted by FutureGains > 2020-12-16 18:38 | Report Abuse

morning will up then down..12pm goreng

Posted by awesome20 > 2020-12-16 18:39 | Report Abuse

come on hiaptek

Posted by Isaaka > 2020-12-16 18:51 | Report Abuse

This company is going back on track. Will continue going up

Posted by Yipman > 2020-12-16 19:05 | Report Abuse

Agreed. The company is progressively back to track even though during the pandemic. China orders more iron ore feom rhis company. iron

Posted by hohvest > 2020-12-16 19:07 | Report Abuse

The Group registered a Profit before Tax of RM8.92 million in Q1 FY2021 as compared to Profit
before Tax of RM12.31 million in Q4 FY2020 due to the lower share of profit of JV entity of
RM3.87 million in the quarter under review as compared to share of profit RM10.20 million in the
immediate preceding quarter which had included an impairment write-back of RM50.00 million at
JV entity level to reflect the continued improvements of its operations.

Posted by hohvest > 2020-12-16 19:09 | Report Abuse

the impairment write back of 50m at jv was at this q?

Posted by hohvest > 2020-12-16 19:10 | Report Abuse

mean the jv gain 53m?

Posted by Yipman > 2020-12-16 19:32 | Report Abuse

No. The write back was for last quarter.

Posted by Yipman > 2020-12-16 19:34 | Report Abuse

It show that this quarter profit is more than last quarter if u offset the 50mil write back on last quarter

Posted by Yipman > 2020-12-16 19:35 | Report Abuse

Last quarter if no 50mil write back actually show a loss quarter. Overall i would say HT profit has significantly improve this qtr.

Posted by hohvest > 2020-12-16 19:36 | Report Abuse

yipman，thank

Posted by DickyMe > 2020-12-16 20:21 | Report Abuse

Anyone keeping track of impairments and total value?

Posted by Alexander78 > 2020-12-16 20:30 | Report Abuse

Xiede Turns Losses into Profits
Nanyang Wed, Dec 16, 2020 06:00pm-2 hours ago


(Kuala Lumpur, 16th) High steel prices, coupled with profits from joint ventures, HIPTEK (HIAPTEK, 5072, main board industrial stock) in the first quarter of fiscal 2021, turned losses into profits year-on-year.

The company reported to the stock exchange today that in the first quarter ending October this year, it had a net profit of RM6.966,000, or 0.51 sen per share, compared to a net loss of RM3.26 million in the same quarter of the previous fiscal year.

At the same time, the turnover in the first quarter was 231.443 million ringgits, which was a 20.14% year-on-year decrease from the 289.79 million ringgits in the same quarter of the previous fiscal year.

According to the statement, due to the government's implementation of action control orders to control the epidemic, it is difficult for the construction sector to return to normal levels, resulting in a substantial decrease in sales.

Looking ahead, due to China's strong recovery, steel demand is expected to recover to 1,795.1 million tons next year, an increase of 4.1% year-on-year.

According to the statement, the Association is committed to strictly controlling costs and operating efficiency, while complying with epidemic prevention measures to ensure that it can stand out from the crisis and seize opportunities in the economic recovery.

Today, the market closed, Xie Tak reported 49 sen, down 1 sen or 2%, with a trading volume of 93,594,700 shares.

Posted by dalpinia > 2020-12-16 21:33 | Report Abuse

The Group registered a Profit before Tax of RM8.92 million in Q1 FY2021 as compared to Profit
before Tax of RM12.31 million in Q4 FY2020 due to the lower share of profit of JV entity of
RM3.87 million in the quarter under review as compared to share of profit RM10.20 million in the
immediate preceding quarter which had included an impairment write-back of RM50.00 million at
JV entity level to reflect the continued improvements of its operations.

Without the impairment, this QR is better than last QR

Posted by dalpinia > 2020-12-16 21:34 | Report Abuse

Pls refer to page 11 of QR

Posted by dalpinia > 2020-12-16 21:36 | Report Abuse

If add back the RM50m, the JV (30%) can contribute RM15m

Posted by dalpinia > 2020-12-16 21:40 | Report Abuse

Prospects
In 2020, Worldsteel forecasted that world steel demand will contract by 2.4%, dipping to 1,725.1
million MT due to the prolong COVID-19 pandemic. In 2021, steel demand is expected to recover
to 1,795.1 million MT, representing an increase of 4.1 % over 2020 mainly due to the strong
recovery in China. The post lockdown recovery in steel demand in the rest of the world has been
stronger than expected, but it still marks a deep contraction in 2020, both from developed and
emerging economies, with partial recovery expected in 2021.
In 2020, the apparent steel consumption in Malaysia is estimated at 8.4 million MT, indicating a
decline of 8% from the previous year. In H1 2020, the local steel demand dropped significantly due
to the impact of Movement Control Order (MCO) implemented by the Government in March 2020
to contain the spread of COVID-19 virus. However, local steel demand is expected to improve in
H2 2020 as most business activities progressively resume operations in May 2020.
The Malaysian economy is projected to recover strongly in 2021, supported by stimulus measures,
continued progress in public projects and, in particular, the recent approvals of the vaccine by the
US FDA. As for the country’s construction sector, it was highlighted in the Economic Outlook
Report 2021 that the sector is poised to grow at 13.9% in 2021 as compared to an estimated
contraction of 18.7% in 2020. The construction growth in 2021 will be mainly driven by the
acceleration and revival of major infrastructure projects, as well as affordable housing projects.
Budget 2021 has allocated RM69 billion for development expenditure earmarked to include the
Mass Rapid Transit Line 3 (MRT3), Gemas-Johor Double Tracking Project, Rapid Transit System
Link (RTS) from Johor Bahru to Woodlands, the Klang Valley First Phase Double Tracking Project
and Pan Borneo Highway. These will be the catalyst to boost local steel consumption in 2021.
The Group’s strategy is to remain focus, enforce strict cost discipline and to continuously enhance
operational efficiency to sustain profitability while observing the stringent COVID-19 SOPs and
placing top priority on employees’ health and safety at this juncture. This will ensure that the Group
will emerge stronger from the crisis to take advantage of any opportunity that may arise when the
economy recovers.

Posted by Ivan911 > 2020-12-16 22:32 | Report Abuse

Tomorrow going AGM big announcement join venture with China Rich Man invest in Glove business located at Klang line in progress to setup line total with 45lines. ( current steel business profits is great + future glove profits should be more than current NTA. Hope tomorrow all of you can earn more money...

Posted by ADRIANHEW98 > 2020-12-16 22:53 | Report Abuse

Wow luckly i didn't sell my 200k
NTA x 1.50 limit up tomorrow heng ong huat arh

Posted by Yipman > 2020-12-16 23:09 | Report Abuse

Ivan911, where u hear the news? Hiaptek also doing glove? In that case, Hiaptek future is bright.

Posted by Slumberjer > 2020-12-16 23:43 | Report Abuse

ALL IN

Posted by Beltland > 2020-12-16 23:59 | Report Abuse

Ivan911,are you making fun here ?

Posted by Zeoi > 2020-12-17 03:00 | Report Abuse

Yes. Glove business is real deal. Good for those who hold.

Posted by ADRIANHEW98 > 2020-12-17 08:28 | Report Abuse

I find the true info thanks
hiaptek will build the glove factory at Klang

Posted by Alexander78 > 2020-12-17 08:33 | Report Abuse

can 0.60 today ?