china must control coal price. i do not think they can control commodities prices eps aluminium, steel, silicon etc which require high power usage...as power shortage will remain in next 2 quarters, at least
One scary part of Hiaptek we may overlook is its own iron ore mining subsidiary. As per Annual report, Vista Mining Sdn Bhd mainly to support the iron ore requirements of ESSB. The estimated selling price of iron ore sold back to ESSB shall 15% lower than imported price based on annual report info. Do we have factor in the recent drop of iron ore price toward the potential of ESSB? https://www.investing.com/commodities/iron-ore-62-cfr-futures Good luck to all Hiaptek shareholders.
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....
kmohan62
484 posts
Posted by kmohan62 > 2021-10-20 11:21 | Report Abuse
watch out...old man is selling....taking profit...