Steel to trade at 5167.25 Yuan/MT by the end of this quarter (according to Trading Economics global macro models and analysts expectations). .... Looking forward, estimate it to trade at 5772.32 in 12 months time
Hold tight. Star counter of year 2021, Hiaptek ,the only steel counter from Malaysia that join venture with Eastern Steel of China to produce steel products to export to china which is one of the highest consumption 0f steel in the world . Steel industries is due for bull run for at least two years !!!
Buy now when price still cheap .
Hold tight to Fatt Tai Choy as explained by OTB . .
Last year glove industries won the Star industries 0f Bursa market .This year steel industries will be the winner and Hiaptek is among the best choice ! What are you waiting ? Buy now !!!!!
Are you childish ? You and me + OTB's gang are not strong enough to determine the up down direction of the share price but it depends on IB and fund position after due diligence to company fundamental and world business market latest position. Money is yours ,buy or sell is your choice !!!
It is the last article I wish to write on Hiaptek, I will stop.
Please do your homework to check my facts and figures before you take any action.
There is no sure win in the stock market, it is how high your probability to win to determine your success or failure.
I recommend buying Supermx at 3.60 in 2020 in I3 Supermx forum, the share price of Supermx went up to > 24.00 in 2020. I hope the same scenario will happen to Hiaptek in 2021/2. Let time tells us the share price of Hiaptek in the next 12 months.
Commodity Weekly From CCB International dated 5 July 2021
Commodity highlights – China China’s steel hub implements output curbs for the rest of 2021 The city of Tangshan, China’s top steel-making city, has implemented a 30% cut in production that is expected to last for the rest of the year, according to mysteel.com. The curbs will only affect those mills that fail to meet ultra-low emission targets. The steel industry contributes more than 15% of China’s total emissions and is therefore central to plans to curb emissions. It remains to be seen whether the output curbs in Tangshan will be implemented elsewhere. If they are, the tendency will be to boost finished steel prices and lower iron ore and coke prices. Such an outcome will depend, however, on the extent to which other producers offset the decline in Chinese production. The main impact is likely to be a reduction in Chinese steel exports that will benefit steel exporters outside of China, especially Korea.
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....
joyd12345
159 posts
Posted by joyd12345 > 2021-07-03 03:40 |
Post removed.Why?