Posted by Mikecyc > 2021-10-22 06:03 | Report Abuse

Friday , 22/10 .. Oct 15 balance T+4 , 5.1 mil share ..

Oct 18 T+3 , 22.5 mil share ...

Predicted price range : 0.655 to 0.685

Posted by Turnaround > 2021-10-22 08:03 | Report Abuse

buy low again

Posted by goodiewilly > 2021-10-22 08:26 | Report Abuse

bought till throat level..no more breathing ..hehehe

Posted by Star8888 > 2021-10-22 09:08 | Report Abuse

omg, steel price drop 8% last night.

Posted by DickyMe3 > 2021-10-22 09:29 |

Post removed.Why?

Posted by HuatRex > 2021-10-22 09:33 | Report Abuse

Cup and handle formation

Posted by OTB > 2021-10-22 10:16 |

Post removed.Why?

Posted by albertwkm > 2021-10-22 10:20 | Report Abuse

老人家又发贴了 是否暗示要关门 放狗了么 哈哈

Posted by ValueInvestor888 > 2021-10-22 10:41 | Report Abuse

after steel price up so much, adjustment is normal...

Posted by takaje > 2021-10-22 10:46 | Report Abuse

Today no action. Can close shop go drink kopi. Next week limit up.

Posted by Mikecyc > 2021-10-22 11:02 |

Post removed.Why?

Posted by Mikecyc > 2021-10-22 11:02 |

Post removed.Why?

Posted by kim722 > 2021-10-22 11:03 | Report Abuse

just hold. will break 1.00. no contra .

Posted by ValueInvestor888 > 2021-10-22 11:21 | Report Abuse

for those who missed, now maybe a good price to buy in stages because the price is artificially pressed down by china govt... price will be based on demand and supply

Posted by Newbie_2288 > 2021-10-22 11:31 | Report Abuse

China govt just can press down the steel price temporary. Eventually those long pending infrastructure projects will have to kick start soon globally due to several hiccups caused by covid restriction.

Posted by Star8888 > 2021-10-22 11:41 | Report Abuse

China steel price drop again, below 5000 now.

Posted by OTB > 2021-10-22 12:05 | Report Abuse

Chinese rebar price closed at RMB5,054.
https://tradingeconomics.com/commodity/steel
Thank you.

Posted by Russel > 2021-10-22 12:16 | Report Abuse

OTB, no need to give those attacker a fxxk, those mature investor will appreciate your works as a good reference, those kids will say lots of nasty things which not worth your time to read and fight back...at the end, everyone here with only objective, it's to make money

Posted by kim722 > 2021-10-22 12:27 | Report Abuse

I c s opputunity to buy more. buy and keep.

Posted by ValueInvestor888 > 2021-10-22 12:43 | Report Abuse

i do not think china govt can press down the price artificially as it is determined by demand and supply, few days maybe lah. In international mkt, zink, copper have recovered well...

Posted by neWbie606 > 2021-10-22 12:46 | Report Abuse

Missed your posted analyses OTB.

Posted by ValueInvestor888 > 2021-10-22 12:47 | Report Abuse

https://news.metal.com/newscontent/101627574/China-HRC-stocks-Down-118600-mt-on-Week/

Posted by ValueInvestor888 > 2021-10-22 12:48 | Report Abuse

https://news.metal.com/newscontent/101627591/China-Rebar-Inventory-Down-204500-mt-on-Week/

Posted by Star8888 > 2021-10-22 13:06 | Report Abuse

If you see the real time China steel price, then you will see the steel price already below 5000 now.
You will see the price below 5000 tomorrow if you base on link as below.
https://tradingeconomics.com/commodity/steel

Posted by Want2MakeMoney > 2021-10-22 13:21 | Report Abuse

Bought some 0.62 haha

Posted by OTB > 2021-10-22 14:46 | Report Abuse

Dear UlarSawa,

Please do me a favour, please stop all non-related postings on Hiaptek.
We do not want to know who is right or who is wrong.

We want to share information to make money together.
Please share only good and useful information on Hiaptek.

Thank you.

Posted by Bizfuneng > 2021-10-22 15:02 | Report Abuse

Yes, absolutely rite. We are here to make money. Pls post relevant info.

Posted by TryMakeGoodBuy > 2021-10-22 15:23 | Report Abuse

people provide suggestions
Based on the justifications, it up to you as final decision maker to buy or sell.
If you have a contrarian view, please discuss with justification.

Win or Lose is your own decision.
Be a respected man and face the consequence of that decision.

Only people who suggest with justification will be respect, whether right or wrong. The other will be thankful for your views and make a decision thereto.

Posted by Citadel9999 > 2021-10-22 15:25 |

Post removed.Why?

Posted by ValueInvestor888 > 2021-10-22 15:47 | Report Abuse

https://news.metal.com/newscontent/101627591/China-Rebar-Inventory-Down-204500-mt-on-Week/

steel inventories are low, let see how long china govt can manipulate the price...

Posted by ValueInvestor888 > 2021-10-22 15:53 | Report Abuse

commodities price like zink, copper etc are recovering in international mkt now as supplies remained tight due to high power costs

Posted by Bizfuneng > 2021-10-22 16:08 | Report Abuse

Aluminum price is up but PMetal is down. What you think?

Posted by Mikecyc > 2021-10-22 16:21 | Report Abuse

Oct 22, 2021 0.630 0.650 0.650 0.620 38.21M -3.08%
Oct 21, 2021 0.650 0.660 0.675 0.645 45.48M -1.52%
Oct 20, 2021 0.660 0.690 0.690 0.650 56.38M -5.04%
Oct 18, 2021 0.695 0.680 0.700 0.675 40.94M 2.21%
Oct 15, 2021 0.680 0.665 0.685 0.655 41.80M 3.03%
Oct 14, 2021 0.660 0.620 0.665 0.620 92.03M 6.45%
Oct 13, 2021 0.620 0.620 0.630 0.610 25.94M 0.00%
Oct 12, 2021 0.620 0.605 0.630 0.595 64.50M 2.48%
Oct 11, 2021 0.605 0.585 0.610 0.585 32.31M 4.31%
Oct 08, 2021 0.580 0.570 0.585 0.565 21.31M 2.65%
Oct 07, 2021 0.565 0.560 0.570 0.555 20.65M 0.8

Posted by Mikecyc > 2021-10-22 16:23 |

Post removed.Why?

Posted by OTB > 2021-10-22 17:32 | Report Abuse

Dear Mikecyc,

Please continue your good sharing. Good work.

Please do me a favour, avoid mentioning UlarSawa's name in this forum.

Let us make money together.
Hope Hiaptek will not disappoint us.

Thank you.
Ooi

Posted by Mikecyc > 2021-10-22 17:58 |

Post removed.Why?

Posted by Mikecyc > 2021-10-22 18:01 |

Post removed.Why?

Posted by Selina888 > 2021-10-22 18:27 | Report Abuse

I sold too early and now it is time to buy back. There is still good potential on good earnings compared to other companies who suffered from the economic slowdown. Should be able to trend in the 65-70 range.

Posted by Want2MakeMoney > 2021-10-22 18:38 | Report Abuse

Not again, either very free or very childish

Posted by kimpau > 2021-10-22 19:28 | Report Abuse

bought additional batch at 0.625

Posted by kimpau > 2021-10-22 19:28 | Report Abuse

great chance!!!

Posted by kimpau > 2021-10-22 19:28 | Report Abuse

stay tuned!!!

Posted by DickyMe3 > 2021-10-23 09:42 | Report Abuse

Posted by OTB > Oct 22, 2021 5:32 PM | Report Abuse

Dear Mikecyc,

Please continue your good sharing. Good work.

Please do me a favour, avoid mentioning UlarSawa's name in this forum.

Let us make money together.
Hope Hiaptek will not disappoint us.

Thank you.
Ooi

============================================

OTB snub Ularsawa..hahahaha

Shameless Ular thinks he/she is i3 forum gatekeeper.
Doesn't know houw much people loathe his behaviour.

Hope i3 Admin ban Ularsawa id too.

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

coal price dropped by 30% within a week and iron ore dropped by about 8-10%, whereas steel rebar price also dropped by about 10%-15%, do you think is a bad news?

Making of steel required about 50% of coal and 50% of iron ore, this means cost are down also, steel makers are still enjoying very good profit margin...

Posted by BlessedInvestor > 2021-10-23 10:05 | Report Abuse

price remains at 4000- 5000 is good enough for steel to make hugh profit in long term as high steel price will hurt steel demand in long run...

Posted by Johnchew5 > 2021-10-23 10:08 |

Post removed.Why?

Posted by Johnchew5 > 2021-10-23 10:11 |

Post removed.Why?

Posted by OTB > 2021-10-23 10:44 |

Post removed.Why?

Posted by Star8888 > 2021-10-23 12:11 | Report Abuse

China steel rebar price drop to below RMB5000 now. It drop from RMB5870 on 11 Oct 21 to RMB4890 today. It drop around 17% within 2 weeks.

Posted by probability > 2021-10-23 12:41 | Report Abuse

scrap iron price had risen significantly this month - refer MITI bulletin, as such finished steel products will be supported by multiple factors..

this means Blast Furnace players like Hiap Teck and Annjoo who rely on iron ore instead of scrap metal will have a long term edge with low iron ore price...

people will be surprised by their consistent high profit margin going forward qtr after qtr...

Posted by BlessedInvestor > Oct 23, 2021 10:01 AM | Report Abuse

coal price dropped by 30% within a week and iron ore dropped by about 8-10%, whereas steel rebar price also dropped by about 10%-15%, do you think is a bad news?

Making of steel required about 50% of coal and 50% of iron ore, this means cost are down also, steel makers are still enjoying very good profit margin...