Posted by Beltland > 2021-09-30 11:59 | Report Abuse

KLSE is a rare funny market of the world !!

Company work very hard to make good profit when achieved the targeted profit the share price going down .

On the other hand Dnex talking business never shown the true profit ,yet share price be able to trade at P.E 17 where Hiaptek around 6 only .What logic is this ?

Genetec trade at share price rm 36.20 with P.E ratio 316 .How sure Genetec be able to achieve the yearly profit of rm 1.20 per share rated at P.E ratio 30 in the coming financial year ?

KLSE is a rare funny market of the world !!!!

Posted by mrbusiness > 2021-09-30 12:05 | Report Abuse

@John Lu,

We here cannot control short tern share price movement la, only the funds could do it.

I am not day trader so I am not too worry. We wait to see if the steel companies can earn more or not.

Posted by SincereInv > 2021-09-30 12:07 | Report Abuse

Posted by OTB > Sep 29, 2021 6:17 PM | Report Abuse

Posted by Beltland > Sep 29, 2021 4:30 PM | Report Abuse

Good indication ! something is brewing ! Profit exceeded 30 million ?
-----------------
PAT doubles your estimation.

Very good result.
PAT = 60.484 million despite 2 months plant shutdown for the factory at Klang.
Blast furnace plant of Eastern Steel was shutdown for a month.
Thank you.

______________________________________________________________

Just to high light that I don't agreed that the Q4 result was good.
The JV entity’s much improved performance can be attributable to the reversal of impairment loss of another RM66.15 million
which was provided in previous years. Does its mean that Without the this reversal of impairment loss this Q4 will be a loss ? Am I correct ?

Posted by Jerichomy > 2021-09-30 12:09 |

Post removed.Why?

Posted by Jerichomy > 2021-09-30 12:14 | Report Abuse

Tell you hiap tek difficult to invest but nobody believe me

Posted by mrbusiness > 2021-09-30 12:15 | Report Abuse

@jeff61,

Personally I think business of Hiaptek and Annjoo will be good because they are upstream steel player and they export their product to China.

Now low price of iron ore will be very good to them, and China need more steel import.

China want to reduce carbon emission and pollution, and they do not have enough electricity supply, so they are reducing steel output.

All Malaysian steel companies will earn more money in future 1 year, but upstream steel companies will earn more.

Also, China steel companies will expand to South East Asia and Malaysia will be surely one of their destination. I think it is matter of time China will enter Hiaptek as shareholder.

Posted by superman7181 > 2021-09-30 12:18 | Report Abuse

Hahaha this JOHN LU , out good QR remove post , now no up he come bark. Im still in profit lahh , wanna eat my bread crumbs ? I do donation to beggar btw

Posted by Jerichomy > 2021-09-30 12:23 |

Post removed.Why?

Posted by mrbusiness > 2021-09-30 12:25 | Report Abuse

From the replies here, it is clear that only minority think the steel sector will be good.

It is actually very good..

Posted by Juliana > 2021-09-30 12:27 | Report Abuse

Omg. I better cut win before turning into cut loss. Yahoo all out

Posted by Jerichomy > 2021-09-30 12:28 | Report Abuse

Now klse don’t believe in fundamental stock so how now??? Making losses or small earning has high PE like Genetec, Hong Seng and CTOS…really crazy

Posted by mrbusiness > 2021-09-30 12:30 | Report Abuse

During current FY, around 358 M new shares converted from bonds (~200 M) and warrants (~158 M) at RM0.50 each before the bonds and warrants expires on 23/06/2021. Why they want to convert if they do not have high expectation for Hiaptek?

Posted by myballs > 2021-09-30 12:30 | Report Abuse

Sharks want to collect lower, so they want retailers to let go off their shares.

Posted by Jerichomy > 2021-09-30 12:35 |

Post removed.Why?

Posted by Jerichomy > 2021-09-30 12:38 | Report Abuse

Yeah juliana, i re enter many times becoz i dont trust hiap tek based on TA and it is too volatile…i guess is correct after strong QR, it will go down and somebody wlse commented the same thing…

Posted by Jerichomy > 2021-09-30 12:39 | Report Abuse

It is very easy as you compared to the movement in AYS tell you alot

Posted by Jerichomy > 2021-09-30 12:40 | Report Abuse

First batch i enter 500k volume but the latest batch i masuk again 300k sahaja becoz i takut like this will happen

Posted by abang_misai > 2021-09-30 12:43 | Report Abuse

Gigil

Posted by Jerichomy > 2021-09-30 12:44 |

Post removed.Why?

Posted by Jerichomy > 2021-09-30 12:45 | Report Abuse

I don’t know how much down it will be…it depend on the operator how much they want to earn

Posted by Juliana > 2021-09-30 12:55 | Report Abuse

Jerichomy You are right.
See money, take money first.
Later red, regret no take money earlier.

Posted by Jerichomy > 2021-09-30 12:55 |

Post removed.Why?

Posted by Juliana > 2021-09-30 12:56 | Report Abuse

Gigi lu sakit?

Posted by Beltland > 2021-09-30 13:08 | Report Abuse

John Lu Mana limit up? Mana itu BaybieShark, Beltland, superman7181? Sembunyi di lubang kah?
I sudah cakap kelmarin good quarter result akan merah juga.
30/09/2021 11:46 AM

We come here to make money ! Since the result is out and is a good result therefore we feel safe to hold for mid to long term.

We are not worry because we are ready to wait for rerating of share price from IB and analyst.

Posted by Juliana > 2021-09-30 13:13 | Report Abuse

Gigi Gigil?

Posted by EatCoconutCanWin > 2021-09-30 13:16 | Report Abuse

Hari jantung Malaysia. Walk, run and ride , kempen love your heart.

Posted by superman7181 > 2021-09-30 13:45 | Report Abuse

Such and undervalue steel counter. Great greag discount

Posted by Target1 > 2021-09-30 13:48 | Report Abuse

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Posted by OTB > 2021-09-30 14:18 |

Post removed.Why?

Posted by SincereInv > 2021-09-30 15:04 | Report Abuse

OTB, Thank you for your clarification.

Posted by LouisLim > 2021-09-30 15:26 | Report Abuse

China steel price big up today.

Posted by honweesin > 2021-09-30 15:55 | Report Abuse

Posted by OTB > Sep 30, 2021 2:18 PM | Report Abuse

Answer :
Actual Q4 2021 PAT of Hiaptek
Hiaptek steel plant in Klang = 11.0 million.
Eastern Steel S/B = 49.5 million (impairment gain = 66.15 million).
This information appeared in Q4 2021 result.

In Eastern Steel S/B report (100% holding)
Actual Eastern Steel S/B PAT (100%) less impairment gain = (49.5/0.35) - 66.15 = 75.28 million
75.28 million is the actual PAT of Eastern Steel S/B (100% holding) after take out 66.15 impairment gain .

Hiaptek owns 35% of Eastern Steel S/B.
35% Eastern Steel S/B PAT = 75.28*0.35 = 26.35 million.

Total Q4 2021 PAT = 11.0+26.35 = 37.35 million.

Actual PAT of Hiaptek is 37.35 million if you take out 66.15 million of impairment gain from the Q4 2021 result.

Thank you.

__________________________

OTB, thank you for your info sharing.

Posted by winmal > 2021-09-30 16:02 | Report Abuse

just buy and hold for 6 - 12months... must have good faith on it

Posted by Michael Kwok > 2021-09-30 17:57 | Report Abuse

I see base on chart.Will see.

Posted by Juliana > 2021-09-30 18:25 | Report Abuse

Gigi Gigil

Posted by VincentTang > 2021-09-30 21:13 | Report Abuse

Hiaptek cup and handle formed, sky is limit.

Posted by BASforce > 2021-09-30 21:19 | Report Abuse

i really dunno... now my strategy change liao~ hold when loose, sell when enuf profit... can't predict too much coz bursa is a scam

Posted by goodiewilly > 2021-09-30 21:37 | Report Abuse

BASForce, agreed with you, Bursa like Scam. Take profit whenever you could. Value Investment in Bursa stocks, i am confused.
6 fold profits higher than last year, yet the price dropped. What logic ??

Posted by goodiewilly > 2021-09-30 21:41 | Report Abuse

I follow another Tech Stock, ARBB, consecutive 8 quarters high profit, yet price drop and never surge at all...

i feel Bursa has become scam.

As Beltland indicated above :

KLSE is a rare funny market of the world !!

Company work very hard to make good profit when achieved the targeted profit the share price going down .

On the other hand Dnex talking business never shown the true profit ,yet share price be able to trade at P.E 17 where Hiaptek around 6 only .What logic is this ?

Genetec trade at share price rm 36.20 with P.E ratio 316 .How sure Genetec be able to achieve the yearly profit of rm 1.20 per share rated at P.E ratio 30 in the coming financial year ?

KLSE is a rare funny market of the world !!!!

Posted by goodiewilly > 2021-09-30 21:47 | Report Abuse

PakTua, have not seen you comment here for long time.
Please also comment here and not just TG only..
i value your comments a lot

Posted by EatCoconutCanWin > 2021-09-30 22:31 | Report Abuse

The big shark inside not throwing yet. Waiting n hoping next quarter better results, if steel prices drop rss is coming

Posted by OTB > 2021-09-30 23:20 |

Post removed.Why?

Posted by SpartanXoXo > 2021-09-30 23:24 | Report Abuse

ok la i buy a bit to test my luck and based on your confidence about this stock

Posted by mrbusiness > 2021-10-01 03:23 | Report Abuse

Nobody sense the excitement of Hiaptek in their Q4 report?

...strong performance...much-improved results...sharp turnaround...continued strength of steel prices...expected recovery...exciting opportunities...China continus to pursue its carbon emissions target and production restrictions and relying more on imports for general purpose items...

Posted by Tiger66 > 2021-10-01 07:21 | Report Abuse

Result out , share price drop.

Posted by abang_misai > 2021-10-01 08:13 | Report Abuse

Dow Jones dropped hard. Gigil kepada semua yang membeli

Posted by Tiger66 > 2021-10-01 09:11 | Report Abuse

look like running

Posted by Tiger66 > 2021-10-01 09:13 | Report Abuse

result good price drop. not good. KYY write good report . you must run. proven theory

Posted by Jerichomy > 2021-10-01 09:20 | Report Abuse

Looks juliana and i make correct decision

Posted by Invest_888 > 2021-10-01 09:24 | Report Abuse

Steel prices in China goes up 4 consecutive days and is almost 2 months high and near the record high.

Due to limitattion of electricity in China, high power usage in steel industry faces more and more factory shutdown problem.

This time might be best chances to buy steel stock.