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
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Steel index now is <<5,644.00>> keep going up !!! Steel index now is <<5,644.00>> keep going up !!! Steel index now is <<5,644.00>> keep going up !!! Steel index now is <<5,644.00>> keep going up !!! Steel index now is <<5,644.00>> keep going up !!! Steel index now is <<5,644.00>> keep going up !!!
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Joy keep comment , steel price keep going up !!!! Thank you . Today news will boost steel demand. Housing sector recover ^^ thank you very much -----------------
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Man KYY is a real hater bro. My dad owns a steel business and its open during this lockdown in selangor. He is also friends with Mycron and Cscstel and they are all open. Also construction is allowed to operate too. So if he is asking us to open our eyes you should open yours eyes even bigger your 80 year old. Go take a rest man.
@kyy stop hating bro. We all know you want the price to go lower cuzz you are losing money. You arent warren buffet man.
"Even if Hiap Teck could produce during the lockdown, building contractors do not need to buy Hiap Teck’s products because their workers cannot work during the lockdown. Just open your eyes, you can see all the construction works have stopped. " said KYY.
Brother i know more about the steel industry than you do la. Your just an investor man. My dad owns a steel company. Plus even news said constructions are allowed to continue.
Man be releasing fake news! Trying to push the price down. Well guess wat Hiaptek is on a trend to breakout a downtrend move. If you look at the chart closely.
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....
hantamking
2,509 posts
Posted by hantamking > 2021-07-26 11:36 | Report Abuse
''WEEKLY SUMMARY: China’s steel prices strengthening''
source:
https://www.mysteel.net/article/5024711-05040103/WEEKLY-SUMMARY--Chinas-steel-prices-strengthening.html