The downside risk is limited. However, it needs a lot of patience and perseverance to win on this stock. There are many sellers to sell this stock, really cannot understand. Good luck to all.
I strongly believe Hiaptek can reach RM1.00 when the next day of the 1st quarterly financial result of 2022 is out provided that the steel price is maintained at plus/minus of 10% current level.
31th March of 2022, Hiaptek share price can reach RM1.00
Why China government want to reduce its steel production? Want to make Hiaptek and Annjoo earn more money?
No la. Now China is richer, they do not want to create more pollution. And they want steel price higher so their steel plants can earn more money to upgrade their technology.
Why Biden want to implement the infrastructure bill? Want steel plant earn more money? No la, their roads, bridges and airports are old and need to rebuild. Who will have most loss if the infrastructure bill is not passed? Biden himself.
Of course I know Malaysian steel plants do not export steel to US. Steel is very heavy, freight charge will be very high if export steel from Malaysia to US. So US actually import steel from Mexico and Canada.
But if steel price in US is very high, of course it will effect steel price in Malaysia.
Above are my opinions. The purpose of sharing is I will feel lonely if I do study alone, so I prefer sharing. I do not think forummers here will have influence on the share price la.
Why the share price of steel companies are not moving much? Because the institutional investor or funds are not buying yet.
Why the funds are not buying? Pandemic and MCO3.0 (01/06/2021 - 15/08/2021)
Will they buy steel stocks? Maybe. The share price of steel companies in US, China, India and Taiwan already flied to sky.
When they will buy? Anytime from time. But maybe I am wrong.
Anything wrong with Hiaptek the company itself? I do not think so. The big boss TSLaw is very very rich and have a lot of business in China, Australia and Malaysia.
How about Eastern Steel? Dark and suffering past has passed. Bright future ahead. China Jianlong has 60% share and 3 directors. Hiaptek has 35% and 2 directors. Operation wise Eastern Steel is controlled tightly by Jianlong. Relationship between Jianlong and TSLaw should be good.
Actually we should not expect any cash dividend from Eastern Steel. Firstly, Eastern Steel has big losses in past years. Secondly, any profit should be invested to upgrade the steel plant. Instead we should hope for Eastern Steel's listing in future.
mrbusiness, Do not worry, Hiaptek will perform very well in 2022. Funds will buy this stock once Q1 2022 result is out in December 2021. Moreover, the TA chart pattern is "Cup And Handle Chart". We need a bit of patience and perseverance to win big in 2022. Good work done from your homework. I appreciate your hard work. Good luck. Thank you.
Thank you Mr Businessman sharing your business sense on steel business. Ular appreciate your sharing very much. Let Ular digest what your sharing. HiapTek income mainly from EasternSteel kah. Potentially earning rm455mil 28sen next year alone is alot leh. After next year berapa can earn any estimation given. Same earning as you predicted. As you know lah. Analists very good one nowaday predict 3 to 4 yrs in advance one like Gloves companies leh. Is your calculation meant for 2022 only and 2023 dunno yet right. That mean HiapTek is for short term 1 year play only kah. By hook or by crook need to run in 2022 kah. Correct?
Ular ada question about the Chinaman own 3/5 of EasternSteel. HiapTek only 1/3 right. EasternSteel still Chinaman Company right. Do you think investors skeptical about Chinaman run company. You know what ular talking about right. A lot of ppl talking about Chinaman run company in bursa with investors got 9 out 10 got bad experienced one. Thats why the price so cheap based on what your sharing on future steel potential is so great but still cannot go up. Possible is bcos Eastern Steel is Chinaman Company. Correct?
mrbusiness Estimated Annual Production of ESSB is 543,200 Tonnes of Slab & 780,000 Tonnes of Billet = 1,323,200 Tonnne
Estimated Net Profit per tonne is RM1000.
Net Profit = RM1,323.20 Million ~=RM1,300 Million
Hiaptek 35% of Profit = RM455 Millon
Total shares = 1,626,584K
EPS = RM0.28 (ESSB 35% portion)
Very crazy profit. Need to wait for next Quarter Report to confirm. 08/10/2021 9:46 PM
Cikgu Juliana macam not happy orang sharing ke. Sharing tu bukan forcing others to buy. Sharing tu is just an opinion but not fact. Everyone is entitled to share their opinion and up to readers to decide the opinion will become fact or not. Correct?
Juliana Golongan pedagang sedang dibuai mimpi nyaman. 09/10/2021 6:10 AM
Same thing when penkritik sharing with not so good opinions as most promoters think are rubbish. It just their sharing also. So no right or wrong as the opinions not a fact yet. So be open minded sikit ok. Only future will know siapa punya opinion is cecone fact. Correct?
You know China last few days got flood in China Coal production Shanxi that produce 20% of China Coal output. Will this affect the coal price. Ular dunno lah. Will China get coal from Australia again after banned due to Australia Big Mouth. Correct?
Apa lah itu retarded Con Tikus trolling ular ke. Kan Ular dah cakap will not lepak with retarded one like you keep recycling the old retarded posts and want Ular to reply you. Very tired replying tired replying retarded questions lah. Thats why come here to lepak with high IQ one leh. Your level sudah retarded if Ular keep lepak with you Ular pun become retarded leh. Correct?
Apa lah. Still so many retarded one still missing Ular ke. Ular sudah cakap leh. TG filled with retarded ones how to lepak lagi lah. Ular become retarded soon lah. DONT MISS ular ok. Ular lepak at new forum lah. Retarded one dont trolling ular to lepak with you lah. Very tired keep replying the old recycle retarded questions leh. Boleh?
UlarSawa You dah jadi orang baik ker? I harap UlarSawa boleh jadi orang baik dan alim suci. UlarSawa you mesti jadi orang baik. Kalau tak, banyak musuh ikut you pergi mana mana you pergi. Nanti musuh buat you pening lalat.
UlarSawa, hidup ini Jangan cari musuh yang banyak. Tak berbaloi cari musuh yang banyak. Hidup ini biar lah dengan Kawan yang ramai. Hidup UlarSawa.
Posted by UlarSawa > Oct 9, 2021 12:08 PM | Report Abuse
Apa lah. Still so many retarded one still missing Ular ke. Ular sudah cakap leh. TG filled with retarded ones how to lepak lagi lah. Ular become retarded soon lah. DONT MISS ular ok. Ular lepak at new forum lah. Retarded one dont trolling ular to lepak with you lah. Very tired keep replying the old recycle retarded questions leh. Boleh?
Sifu ular, you calculate the margin at the estimated level and see
in the long run, i expect the Blast Furnace (BF) players margin to come down minimum to a level of 24%....
its simple because they are protected by the high scrap steel price EAF players need to use while they can enjoy cheap iron ore...
its not easy to build a BF plant just like gloves plants were made by competitors and China can be ruled out as they wont invest on such plants anymore due to regulatory requirements
as such supply side there is protective barriers unlike for gloves
on the steel demand side, it can only rise as the world economy opens after the pandemic... unlike gloves demand which was only temporarily boosted by the pandemic phase....
at 24% margin, earnings is simply fantastic (for Annjoo and Hiaptek)...anything more is a bonus especially if given dividend...
Posted by UlarSawa > Oct 9, 2021 10:49 AM | Report Abuse
Thank you Mr Businessman sharing your business sense on steel business. Ular appreciate your sharing very much. Let Ular digest what your sharing. HiapTek income mainly from EasternSteel kah. Potentially earning rm455mil 28sen next year alone is alot leh. After next year berapa can earn any estimation given. Same earning as you predicted. As you know lah. Analists very good one nowaday predict 3 to 4 yrs in advance one like Gloves companies leh. Is your calculation meant for 2022 only and 2023 dunno yet right. That mean HiapTek is for short term 1 year play only kah. By hook or by crook need to run in 2022 kah. Correct?
Ular ada question about the Chinaman own 3/5 of EasternSteel. HiapTek only 1/3 right. EasternSteel still Chinaman Company right. Do you think investors skeptical about Chinaman run company. You know what ular talking about right. A lot of ppl talking about Chinaman run company in bursa with investors got 9 out 10 got bad experienced one. Thats why the price so cheap based on what your sharing on future steel potential is so great but still cannot go up. Possible is bcos Eastern Steel is Chinaman Company. Correct?
Cikgu Juliana Ular bukannlah Alim sangat. Ular lepaking pun ada sharing juga. Ular tengah belajar lagi. Apa tu besi pun ular tengah belajar lagi. Biar lah Ular datang ke sini belajar ilmu besi dulu. Ular sharing dan lepaking bukan nak cari musuh. Yang pelik sekali ada Tikus suka nak kejar ekor ular ke mana Ular nak lepak. Melekat lah Tikus macam lintah juga. Ular selalu cakap Sharing is Caring. You care then you share right. Correct?
Posted by Juliana > Oct 9, 2021 12:27 PM | Report Abuse
UlarSawa You dah jadi orang baik ker? I harap UlarSawa boleh jadi orang baik dan alim suci. UlarSawa you mesti jadi orang baik. Kalau tak, banyak musuh ikut you pergi mana mana you pergi. Nanti musuh buat you pening lalat.
UlarSawa, hidup ini Jangan cari musuh yang banyak. Tak berbaloi cari musuh yang banyak. Hidup ini biar lah dengan Kawan yang ramai. Hidup UlarSawa.
Retarded Con Tikus Ular cakap many times already sampai retarded already already. Ular ada kepala ada badan dan ada ekor. Naga ada kapala ada badan dan ekor juga. Tapi Naga ada kaki Ular takda kaki. Ular tak sama Naga lah. Ular keep asking you check IP sampai now you pun cannot show the IP leh. Enuf lah dont keep recycling the old retarded questions lah. Very tired keep repeating beratusan sampai beribu kali lah. Boleh?
Ular not sifu leh. Ular still learning about steel leh. need alot of input before can share leh. Anyway whatever growth pun ada limit juga. Short term shortage can expect steel price spike and company earning exponentially. Ular dunno how long it can last also. Just like any sector ada up ada down also. Steel also the same juga. Just happen now is uptrend. Correct?
Posted by probability > Oct 9, 2021 12:44 PM | Report Abuse
Sifu ular, you calculate the margin at the estimated level and see
@ular, i rather say 'reverting to mean' than 'uptrend due to momentary supply - demand gap'....just that our steel industry never had the chance to revert to mean all this while due to big bully China
Msia depend on China market for export also. Better dont disturb China so much later they impose import tax with simple reasin anti dumping for good sfrom Msia nanti susah lah. Angmoh also scare China growing too strong to catch up. Regrouping again and want to stall China from becoming too strong. Asalkan ada export steel to China kira ok lah. They shortage mah. Anyway Eastern Steel pun chinaman company should be no problem to sell back to China lah. Only concern money can come out or not. Correct?
probability @ular, i rather say 'reverting to mean' than 'uptrend due to momentary supply - demand gap'....just that our steel industry never had the chance to revert to mean all this while due to big bully China
hope the bully is gone for good 09/10/2021 3:45 PM
UlarSawa , I guna strategi hit and run di sini saja. Kalau dah cukup untung, I jual lah. Hit and run banyak kali lagi syok lah. I tak long term dalam saham. Jangan tiru gaya I ini.
UlarSawa , I dah lama tak ikut gaya long term Warren Botakfett itu. Warren Botakfett gaya long term tak boleh pakai di zaman internet ini. Jadi I tukar gaya menjadi short term play saham. Gaya Baru ini I dah banyak kali untung sikit lama lama jadi bukit lah. Bahkan lama lama boleh jadi Gunung Everest. I sangat gembira.
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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....
kimpau
560 posts
Posted by kimpau > 2021-10-08 16:34 | Report Abuse
such a cheap counter which PE < 6, supposed to be more than 10 !!!!!!!