Total PAT = 320.0 million Total number of shares = 1.732 billion EPS = 320/1732 = 0.185
Due to recent budget on super tax, I will reduce the PAT to 320 million for FY2022. Even PAT is 320 million, there is still a 100% increase in PAT.
Q1 2022 result will be released in December 2021, I ask for the target price of 1.00 in 2021 is not really too much. The present price is 0.565 today, the present PER is 3.05 times. The target price at 1.00, PER is 5.4 times.
I hope Mr Market will not disappoint me. Thank you.
Huatrex has wrongly accused DK. Those who followed DK has made tons of money from Jaks when he advised to protect profit at 0.80 at the beginning of the year. Even at current price, his followers are still making a lot of money from the free warrants and the rights shares at 0.22. All his group members can testify this. His 1400+ group members are not leaving the group after DK has retired from his private group because they are hoping that he will return to his group someday.
I m speaking the truth of DK. There are not many sifus left in i3. If we don't protect the sifus, there will not be anymore left soon.
Now he is accusing OTB. He is attacking every sifu in i3. He is hoping no sifu will come to share in i3. He does not believe in kind mankind. What a pathetic mindset.
OTB presentsed his findings.He did not guaranteed anything.Every investor and trader worth their salt knows there is no 100% surefire win in stocks.He is kind to share his findings.You all should do your own due diligence.
Huatrex - You should disclose your real identity and challenge OTB like a real man to see who is better in choosing stock. Don't hide behind keyboard and keep accusing others just because you lost money
Same goes with Moneymakers, OTB said Hiap Teck will perform, you think otherwise. disclose your real identity and not be a keyboard warrior writing things without facts, figures and substance.
OTB is still working today to do research and put up his comment on his research today. He is much more hardworking than lots of people and his studies are so much precious to his subscribers. Salute to this old man Have a nice weekend and happy gathering with families and friends,
No mega project in Budget 2022, no catalyst for construction sector plus KLSE sentiment may be bad next month due to parties under PN fighting in Malacca polls.
The performance of Hiaptek most of the time does not depend on its fundamental, it depends on the steel price. If the steel price has peak and drop, no matter how aggressive the expansion plan is, it is useless. This can be learn from glove counters.
The most difficult part is market always reflect 6 months in ahead before the price drop. In the case of glove, glove counter drop 9 months before the ASP drop. If China pick up steel production after winter Olympics in Feb 2022. Then the steel price will collapse, if market reflect earlier, then the share price may have peak already.
I checked already, Hiaptek is RSS approved with effect from 24 June 2021. Put your money where ur mouth is. Then u will have my respect for taking the stand.
WASHINGTON (Reuters) - The United States and European Union are expected to announce a deal to resolve a long-running trade dispute over U.S. steel and aluminum tariffs this weekend - as early as Saturday - five people familiar with the agreement said.
Two of the sources said the agreement, details of which were still being finalized, would allow EU countries to export duty free some 3.3 million tons of steel annually to the United States under a tariff-rate quota system.
Please go back to search news on earlier Trump impose traffic on EU steel and aluminum 2 year ago, all steel stock tumble on trump impose tax on import steel/alumiumm to protect US own steel manufacture.
Now, if US ablish tax on steel and aluminum, what will happen? it will encourage steel export to lucrative US steel market which command higher premium price.
US need a lot of steel from oversea to buid its infrastruture and aluminum to buid its solar energy. It have to abolish import tax from oversea steel and aluminum now, to increase import volume to meet high local demand
Johnchews5, the ASP of gloves was still increasing till 1st qtr 2021 yet the gloves counters price already peak at Sep 2020. I thought as long as ASP is increasing and demand still higher than supply, the stock price will rebound and break new high but I was wrong. I learned a hard lesson from there. That time, many analyst also saying the factory expand capacity need time. Now the situation of steel counter seems similar. Demand still higher than supply. Even worse is the steel price seem have peak and steel counter seem have peak too. And many analyst say expand steel factory need time too. Every similar situation. Just my concern and opinion.
You concern is validated now. But... hope for the best Hiaptek next year
Iewis888 > the ASP of gloves was still increasing till 1st qtr 2021 yet the gloves counters price already peak at Sep 2020. I thought as long as ASP is increasing and demand still higher than supply, the stock price will rebound and break new high but I was wrong. I learned a hard lesson from there. That time, many analyst also saying the factory expand capacity need time. Now the situation of steel counter seems similar. Demand still higher than supply. Even worse is the steel price seem have peak and steel counter seem have peak too. And many analyst say expand steel factory need time too. Every similar situation. Just my concern and opinion. 31/10/2021 6:30 AM
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....
Colgate
7,640 posts
Posted by Colgate > 2021-10-30 17:04 | Report Abuse
TP is take profits, my Dear. Remember the real meaning.