HIAP TECK VENTURE BHD

KLSE (MYR): HIAPTEK (5072)

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Last Price

0.33

Today's Change

+0.005 (1.54%)

Day's Change

0.325 - 0.33

Trading Volume

391,400


16 people like this.

17,727 comment(s). Last comment by Income 1 day ago

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

A lot factory close down in china, do you think china still want to buy steel?

Jerichomy

4,346 posts

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

Huh i dont know ler …..

kmohan62

484 posts

Posted by kmohan62 > 2021-10-01 10:26 | Report Abuse

Remember Evergrande issue...soon will have great impact on the economy dan housing projects in China.

riko

2,727 posts

Posted by riko > 2021-10-01 10:31 | Report Abuse

KYY lesson you HengYuan / Jaks / Supermx / ....etc.

really can't believe there are ton of investors still believe in him.
he pakat with someone as black/white faces ...

he said hiaptek will rocket ... that mean it is submarine.

Russel

546 posts

Posted by Russel > 2021-10-01 10:38 | Report Abuse

Hiap tek price drop like shit (for a penny stock) since the release of the results on Wednesday evening.

Posted by SpartanXoXo > 2021-10-01 10:39 | Report Abuse

where got drop like shit, just a little bit ma, have some faith bro

winmal

1,128 posts

Posted by winmal > 2021-10-01 10:55 | Report Abuse

this stock need to buy and hold for 6-12 month, you will have decent profit. good luck

Juliana

5,395 posts

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

Gigi Gigil

Juliana

5,395 posts

Posted by Juliana > 2021-10-01 11:18 | Report Abuse

Jerichomy You make the correct call. Thanks to you.
Last night I slept so well, even though Dow dropped like mad.


Jerichomy Looks juliana and i make correct decision
01/10/2021 9:20 AM

Juliana

5,395 posts

Posted by Juliana > 2021-10-01 11:22 | Report Abuse

When Kyy wrote articles declaring Hiaptek is good, after Hiaptek results out... better runnnnn faster than Japanese bullet train.
Good luck to you all who hug Hiaptek like a big bear, because Bear is not a good animal in stock market.

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-10-01 11:24 | Report Abuse

you should avoid any share that is under KYY radar by all means if you don want to lose until niama cannot recognize

Russel

546 posts

Posted by Russel > 2021-10-01 11:58 | Report Abuse

Yup, don't trust that KYY old wolf, i'm previously buy when he making buy call, end up stuck and the next several days posting article saying he sold, the most irritating reasons was he keep on promote strongly and the next day can 360 degree turn against it...i'm not blaming him, he don't point a gun on my head to buy, it just a lesson learned...hahahaha...wakakakakaka...huhuhuhu...kikikiki

OTB

11,526 posts

Posted by OTB > 2021-10-01 12:19 |

Post removed.Why?

Posted by SpartanXoXo > 2021-10-01 12:31 | Report Abuse

ok Ooi i trust you and your homework dont disappoint me ok

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2021-10-01 13:32 | Report Abuse

OTB showing its sifu level.

abang_misai

2,567 posts

Posted by abang_misai > 2021-10-01 13:39 | Report Abuse

haha. growth due to higher ASP. No wonder ramai yang mampus tergolek

Juliana

5,395 posts

Posted by Juliana > 2021-10-01 14:12 | Report Abuse

Tiada yang pasti dalam Bursa. Tak payah yakin sangat dengan kiraan yang cantik molek itu.

OTB

11,526 posts

Posted by OTB > 2021-10-01 14:16 |

Post removed.Why?

samadk

31 posts

Posted by samadk > 2021-10-01 14:17 | Report Abuse

OTB is Hiaptek good buy now?

VenFx

14,784 posts

Posted by VenFx > 2021-10-01 14:21 | Report Abuse

Okie !

Hiaptek will be my saving stock for now,
after reading OTB sir s above statement.

thank you sir

VenFx

14,784 posts

Posted by VenFx > 2021-10-01 14:22 | Report Abuse

Ecec 1.00

mrbusiness

206 posts

Posted by mrbusiness > 2021-10-01 14:32 | Report Abuse

Hiaptek 2021 net profit (Excluded Eastern Steel and impairment reversal) = RM87.51 Million

In FY ended 31/07/2021, Eastern Steel (ESSB) reported an impairment reversal of RM66.15Million.
Excluded the impairment reversal, annual core profit of ESSB is RM151 Million.
Hiaptek 35% portion of profit = RM52.85 Million

Hiaptek 2021 net profit (Included ESSB and Excluded impairment reversal)
= RM87.51 Million + RM52.85 Million
= RM140.36 Million

Hiaptek has 1626.6 Million share
EPS = 8.63 cent


For FY2022, I forecast conservative 20% profit increase, ESSB 2022 core profit will be RM181.2 Million.
Hiaptek 35% portion of profit will be RM63.42 Million
For FY2022, ESSB probably will also report another impairment reversal of RM50 Million (not considered in above profit calculation)

I forecast Hiaptek 2022 net profit (Excluded ESSB) = RM40 Million x 4 = RM160 Million
Hiaptek 2022 net profit (Included ESSB)
= RM160 Million + RM63.42 Million
= RM286.84 Million
EPS = 17.63 cent

winmal

1,128 posts

Posted by winmal > 2021-10-01 14:36 | Report Abuse

market panic selling,,, trying to flush out weak holders. .. this is good time to buy some.

abcb

3,043 posts

Posted by abcb > 2021-10-01 14:36 | Report Abuse

Why keep dropping, i am staying at 63th floor
Uncle KYY said before it would definitely touch to RM1.00 after the quartely report

mrbusiness

206 posts

Posted by mrbusiness > 2021-10-01 14:40 | Report Abuse

On 31/07/2017, ESSB reported impairment loss of RM266.15 Million.
On 31/12/2019, ESSB reported impairment reversal of RM50 Million.
On 31/07/2020, ESSB reported impairment reversal of RM50 Million.
On 31/07/2021, ESSB reported impairment reversal of RM66.15 Million.

I forecast that ESSB will report impairment reversal of RM50 Million on 31/07/2022 and another RM50 Million on 31/07/2023.

Alternatively, if Hiaptek want more explosive profit, then ESSB will report impairment reversal of total RM100 Million on 31/07/2022.

LouisLim

224 posts

Posted by LouisLim > 2021-10-01 14:41 | Report Abuse

I trust OTB and mrbusiness, I just top up another 5000 lots at 0.55. I am waiting another 10000 lots at 0.54.

trum

7,640 posts

Posted by trum > 2021-10-01 14:42 | Report Abuse

Trum says buy for short term only. Play play only. Don’t be too serious about Hiaptek.
Hiaptek can go up and down. Don’t be too obsessed about Hiaptek. I can take profits, I will take profits. Every day got opportunity in Bursa. Don’t fall in love with this stock.

Posted by abcb > Oct 1, 2021 2:36 PM | Report Abuse

Why keep dropping, i am staying at 63th floor
Uncle KYY said before it would definitely touch to RM1.00 after the quartely report

mrbusiness

206 posts

Posted by mrbusiness > 2021-10-01 14:50 | Report Abuse

@LouisLim,

Do not trust me. Trust yourself, else you could not hold.


I ask myself, if I am right, why the price keep dropping???


The big boss TSLaw has 75,032,819 RCUIDS (Bond) at RM0.50 each and expired on 23/06/2021. TSLaw can request redemption but he choose to convert the bond to shares instead.


The big boss TSLaw has 75,032,819 warrant which expired on 23/06/2021. TSLaw choose to fork out RM37.52 Million to convert the warrants to shares instead.


I believe not many people here forked out RM37.52 Million to buy Hiaptek (maybe except KYY and OTB)


On the first day of CTOS listed in Bursa Malaysia, I entered at RM1.61. For a very long time, CTOS stayed at RM1.50. Everyone can enter cheaper compared to me. I am of course very frustrated. But I persist until today.


I myself won't sell Hiaptek because I am waiting for good news and for the share price to shoot up. But for others, I think they can wait first :)

LouisLim

224 posts

Posted by LouisLim > 2021-10-01 15:11 | Report Abuse

Definitely I got do my homework before buy any stock.

mrbusiness

206 posts

Posted by mrbusiness > 2021-10-01 15:23 | Report Abuse

Share price of steel companies in US, China, Taiwan, India already shoot to sky...when it is our turn? :(

Posted by SpartanXoXo > 2021-10-01 15:24 | Report Abuse

wah 5000 units or 5000 LOTS?! thats million wei i salute..

LouisLim

224 posts

Posted by LouisLim > 2021-10-01 15:29 | Report Abuse

5000 lots just 275k

LouisLim

224 posts

Posted by LouisLim > 2021-10-01 15:33 | Report Abuse

No drop, no chance to buy cheap since our target price on Hiaptek is high.

abang_misai

2,567 posts

Posted by abang_misai > 2021-10-01 15:35 | Report Abuse

haha. challenge for what? Chart cannot lie

Posted by positiontrader > 2021-10-01 15:52 | Report Abuse

Some info on "MARKET TONE"

1. When a Company gets good news and its share goes down, it means the company is very weak

2. When a Company gets bad news and its share goes up, it means the company is healthy

3.When a Company gets good news and its share goes up, it means the company is normal

4. When a Company gets bad news and its share goes down, it means the company is normal

Posted by SpartanXoXo > 2021-10-01 15:54 | Report Abuse

erm you sure or not??? 1 lot=1,000 units

Juliana

5,395 posts

Posted by Juliana > 2021-10-01 16:02 | Report Abuse

Kalkulator kira sini sana. Bikin over confident saja. Tengok Graf saja lah. Mudah.

Juliana

5,395 posts

Posted by Juliana > 2021-10-01 16:06 | Report Abuse

Semuanya dalam Graf. Canteeek. Buka mata besar sikit dan tengok betul-betul.

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-10-01 16:24 | Report Abuse

below 0.50 may consider picking up by batches...

Invest_888

1,064 posts

Posted by Invest_888 > 2021-10-01 16:31 | Report Abuse

Bought HIAPTEK @ 55cent.
Steel price break records high today.

https://www.investing.com/commodities/ncdex-steel-futures

trum

7,640 posts

Posted by trum > 2021-10-01 17:34 | Report Abuse

I learn something today. Very interesting.
Never thought of these things. Thank you positiontrader.

positiontrader Some info on "MARKET TONE"

1. When a Company gets good news and its share goes down, it means the company is very weak

2. When a Company gets bad news and its share goes up, it means the company is healthy

3.When a Company gets good news and its share goes up, it means the company is normal

4. When a Company gets bad news and its share goes down, it means the company is normal
01/10/2021 3:52 PM

VincentTang

1,227 posts

Posted by VincentTang > 2021-10-01 18:45 | Report Abuse

Buy on Oct and sell on May then you will win most of the times.

Jerichomy

4,346 posts

Posted by Jerichomy > 2021-10-01 19:23 | Report Abuse

Yup oct or nov and May or Sept must sell bro

Posted by EatCoconutCanWin > 2021-10-01 19:54 | Report Abuse

Financial officer resign, something wrong with financial result report. 1mdb again

Selina888

306 posts

Posted by Selina888 > 2021-10-01 20:10 | Report Abuse

Don't be too sensitive over staff resignation.May be better.

Hoho22

189 posts

Posted by Hoho22 > 2021-10-01 20:17 | Report Abuse

So chicken,keep money under the pillow!

Posted by risktoreward > 2021-10-01 21:45 | Report Abuse

topup at 0.545 today, average cost 0.55

Muyutin

375 posts

Posted by Muyutin > 2021-10-01 21:52 | Report Abuse

VERY GOOD SHARE TO INVEST IF HER PATTERN TAK BANYAK 1.7billion share very heavy,,Buy Land pulak,,mou p Court pulak.,CFO resigned

wanna up 1cents oso begitu banyak pattern

scare jugak

Monday sell it all invest Pattern kurang mia

oskchoon

3,186 posts

Posted by oskchoon > 2021-10-01 22:01 | Report Abuse

IRB asking around RM 14 million tax arrears from the company...

Posted by EatCoconutCanWin > 2021-10-02 09:21 | Report Abuse

Steel prices is high, who is willing to buy lo, covid period, no development, no buyer for construction finishing good. You think la, who want to buy roti canai for rm10 a piece. Better buy alternate nasik lemak rm1. Correct?

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