Masteel and lion ind failed la. Simple. Hiaptek tot China co can do it. Let it try lor.... Wait cheap cheap buy... Investing got risk ma..... Mini bull sifu you so gwmg5 . Share your knowledge la Help us make some mani 😋😋😋
Successful traders stick to their game plan. They follow a set of rules, strategies, and tactics to make their trades work. Moreover, their commitment to achieving their goals is one of a kind.
1. RM have strengthen from RM 4.78 in Oct 2023 to RM 4.61 today. The big unrealize forex loss incur by eastern steel in last quarter result -RM 123.4m will writeback at least partially t forex gain in next Q result.
2. Steel price have increase from 3700 to 3960
3. Eastern steel production volume increase 3 fold next Q result
While waiting for explosive hiaptek next Q result due t 3 main catalyst above, writeback forex gain + increase steel selling price + increase 3 fold steel production volume, meantime just entitles its cash dividend first next week on 4 Jan
RM have strengthen from RM 4.78 in Oct 2023 to RM 4.59 today. The big unrealize forex loss incur by eastern steel in last quarter result -RM 123.4m will writeback at least partially to forex gain in next Q result.
In last Q result, Eastern steel incur big unrealize forex loss -RM 123.4m due to USD strengthen from RM 4.58 to RM 4.78, resulted its net profit RM 65m U-turn become net loss -RM 60m.
Hence, it is safe to estimate that current weakness USD to RM 4.58 now if continue toward end Jan 2024 will resulted almost fully writeback unrealize forex loss into gain RM 123.4m + higher stee price in current Q to record much higher profit margin than RM 65m + 3 fold increase volume output > RM 300m in next Q.
Hiaptek 27% stake effective will record almost RM 90m, EPS > 5sen
Karma gang … making it karma stok until more than one year already. Next year Hng Sir said very good performance for this stock… You all believe Hng Sir started calculating here, calculating there like Probability calculated for HRC last time. Hng Sir, I pray that you are correct this time with your Nokia Calculator bohhh.
hng33 1. RM have strengthen from RM 4.78 in Oct 2023 to RM 4.61 today. The big unrealize forex loss incur by eastern steel in last quarter result -RM 123.4m will writeback at least partially t forex gain in next Q result.
2. Steel price have increase from 3700 to 3960
3. Eastern steel production volume increase 3 fold next Q result 26/12/2023 11:27 AM
hng33 While waiting for explosive hiaptek next Q result due t 3 main catalyst above, writeback forex gain + increase steel selling price + increase 3 fold steel production volume, meantime just entitles its cash dividend first next week on 4 Jan 26/12/2023 11:37 AM
hng33 In last Q result, Eastern steel incur big unrealize forex loss -RM 123.4m due to USD strengthen from RM 4.58 to RM 4.78, resulted its net profit RM 65m U-turn become net loss -RM 60m.
Hence, it is safe to estimate that current weakness USD to RM 4.58 now if continue toward end Jan 2024 will resulted almost fully writeback unrealize forex loss into gain RM 123.4m + higher stee price in current Q to record much higher profit margin than RM 65m + 3 fold increase volume output > RM 300m in next Q.
Hiaptek 27% stake effective will record almost RM 90m, EPS > 5sen 29/12/2023 3:30 PM
Last time I lost 5k in High Tek. I still need to revisit to get back my 5k. I will follow Hng Sir to invest here. I hope Hng Sir calculations are correct.
Last time I lost 5k in High Tek. I still need to revisit to get back my 5k. I will follow Hng Sir to invest here. I hope Hng Sir calculations are correct.
if you want to re-enter, i think now is not goodtime
Why does USD strengthen resulting loss for ESSB? Don't they get more RM? I'm drawing a parallel with Ewint. Ewint operates using pounds in UK and when pounds strengthen, they get more MYR and expedites their return of cash to 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....
Mini Bull
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Posted by Mini Bull > 2023-12-20 10:55 | Report Abuse
operator no way to go, only chao