Posted by Kim > 2024-07-05 11:18 | Report Abuse

49 want join?
hehehe

Posted by tksw > 2024-07-05 11:43 | Report Abuse

TQ KIM sifu bot my 490 sell Q, but I still got, and add sell some more....😁😁😁

Posted by tksw > 2024-07-05 11:45 | Report Abuse

Kasi sapot sikit 480 although 490 sell Q not yet finished eaten by OP😁😁 help the poor OP sapot the price sikit. You help me I help you....kakaka

Posted by tksw > 2024-07-05 12:48 | Report Abuse

dun chase la, Kim sifu... Earn less but safer... This time the OP ken last more than 3 green candles for the whole week, later the candles burn out how?

Posted by speakup > 2024-07-05 12:53 | Report Abuse

TP 80¢

Posted by YieldSeeker > 2024-07-05 14:55 | Report Abuse

Nice, new supporting price has been created

Posted by tksw > 2024-07-05 15:27 | Report Abuse

475 dapat sikit... GoGoGo hiaptek 😘😘

Posted by tksw > 2024-07-05 15:38 | Report Abuse

Twinkle twinkle little Star follow by a red candle.. carefull lo..... 😉

Posted by tksw > 2024-07-05 15:39 | Report Abuse

Yieldseeker sifu, where is the new supporting price? 😍

Posted by stncws > 2024-07-05 15:40 | Report Abuse

potential next week only

Posted by tksw > 2024-07-05 16:06 | Report Abuse

Sold 480 withdrew 475 sapot.. dun play play...

Posted by tksw > 2024-07-09 09:10 | Report Abuse

Wasa... Sapu all my sell Q until 495...

Posted by tksw > 2024-07-09 09:11 | Report Abuse

This3 time operator got Mani liao,...

Posted by Kim > 2024-07-09 09:13 | Report Abuse

Good morning +)

Posted by Kim > 2024-07-09 09:14 | Report Abuse

Mari break 50 line =)

Posted by Kim > 2024-07-09 09:23 | Report Abuse

@tksw

You can Q 50 sen pula ya
hehehe

Posted by tksw > 2024-07-09 09:38 | Report Abuse

Kim sifu , OP dun wanna buy my 500 sell Q😢

Posted by Kim > 2024-07-09 09:39 | Report Abuse

Q.. nanti buy up

Posted by Phoebe > 2024-07-09 10:38 | Report Abuse

I have a look again on HTVB analyst report over the weekend and based on Estern Steel performance review. This is not a buy or sell call as there are assumption in my calculations and there is flaws as well. Anyway:


Revenue = RM1,743.7 billion
Production volume = 621.1 kMt
Therefore 1 Mt cost = RM1,743.7mil / 621.1kMt = RM 2,807


Annual production capacity = 2.7million MT
Let assume 90% production as per current quarter = 2.7mil x 90% = 2.43mil MT
Annual revenue = 2.43mil MT x 2,800 = RM 6804 mil


Gross profit margin is 13% = RM 6804mil x 13% = 884.52 mil
Can I assume Net profit margin =10%? = RM6804 mil x 10% = 680.4mil


Hiaptek percentage in ES is 27.3 and therefore = RM 680.4mil x 27.3% = RM185.75 mil


EPS (from ES alone) = RM185.75mil / 1747 mil (NOSH) = RM 0.106
EPS from Hiaptek = RM 0.12

Using current PE of 8, it should be around RM 0.96
If you think this is growth stock, it deserve a PE of 10 which will be RM 1.20

I think I'm taking very conservative calculation because the Gross profit margin should be higher as the production cost should be much lower when all their auxiliary facilities are in full operation and the GPM will be even better if they produce HRC. If I assume 13% due to HRC and operation improvement, the EPS is 13c to 15c. As for Hiaptek business, their EPS might be between 1c to 1.5c.. But at the moment, I'm just using the figures provided in the corporate presentation.

I know there are concern on the steel price has drop alot but raw material price has drop in tandem as well. For the trade war, ES only supplies 11% to US. Furthermore, product production follow country of origin. So i believe no impact. Will Hiaptek price drop lower? I don’t know but to me, i think steel price might have bottom and the world is into recovery. Many countries are building infrastructure. Malaysia alone will be rolling out mega project and with data centre hype, i believed steel will turn around soon. I would like to suggest you have a look at the hiaptek 27th AGM minutes & report. It given me a very good insight into Hiaptek operation on how the company addresses the issue price dumping. Below is the link. Again, i don’t have insider news and I based on available information on net. I hope this helps. Happy investing.

https://htgrp.com.my/agm-egm/

Posted by Kim > 2024-07-09 10:53 | Report Abuse

It's ready to cross 0.50 line=)
Dont want add more?

Posted by Kim > 2024-07-09 10:55 | Report Abuse

Kikiki

Posted by miniminer > 2024-07-09 10:55 | Report Abuse

WoW, what a performance today, reaching 50 cents, go go Goreng King, Kim Sifu very the Keng! ..........hehehe............................

Posted by Kim > 2024-07-09 10:55 | Report Abuse

Dont want more ?
heheh

Posted by Kim > 2024-07-09 10:56 | Report Abuse

Sell it to me =)

Posted by Kim > 2024-07-09 10:57 | Report Abuse

Lets try 0.51 to 0.53 sen today

Posted by Kim > 2024-07-09 10:58 | Report Abuse

Can add more sapu now. Can sell to me also.

Posted by miniminer > 2024-07-09 11:00 | Report Abuse

WoW !!! What a performance today, reaching 50.5 cents, go go Goreng King, Kim Sifu very the Keng! Phoebe Sifu said: PE of 10 which will be RM 1.20 wor, how? ..........hehehe............................

Posted by Phoebe > 2024-07-09 11:04 | Report Abuse

I be using the current PE and target somewhere RM 0.80 to RM 1. I will wait till end December to see their update on the HRC. That is the moat of the company. I can't wait for the next AGM actually.

Posted by tksw > 2024-07-09 11:08 | Report Abuse

Ole ole OP got mani sapu my 505 sell Q . SAPOT!!! Kasi bili sikit 495 Lebih sikit 490 lagi Lebih 485... Gogogo hiaptek OP.

Posted by Kim > 2024-07-09 11:22 | Report Abuse

2nd intake 0.50 line ready

Posted by tksw > 2024-07-09 12:40 | Report Abuse

Kim sifu TQ helping me sold so meni, I now got mani, kasi sapot balik dun let it dorp. Your helps me sell I help you buy , 😊

Posted by tksw > 2024-07-09 12:42 | Report Abuse

Ole ole tulun I bili,... Gor Phoebe sifu study give confidence....

Posted by tksw > 2024-07-09 14:55 | Report Abuse

KKim sifu, I am building some road blocks again, Mali mali murah murah juai, 480 sekilo to 520 sekilo pun ada.... Tangan cepat ada tangan lsmbat tarak..😁😁😁

Posted by tksw > 2024-07-09 15:02 | Report Abuse

This morning the bendera peachaa and touch 52 weeks new high... But lembik before half day closing. Itu lilin twinkle twinkle little star again, red star some more. Any time bomb until kim sifu oso got to lali lintang pukang..😆😆😆

Posted by tksw > 2024-07-09 15:28 | Report Abuse

Got little bit sapot at 465... OP want mani dun want stock today...

Posted by tksw > 2024-07-09 16:03 | Report Abuse

Kim sifu , I q collecting until 460 today... No worry, Phoebe sifu oreidi shared the fundamental of the co. SAPOT!!!!

Posted by Phoebe > 2024-07-09 18:09 | Report Abuse

Start next year ES will distribute 30% profit as dividend. If Hiaptek implement the same dividend policy, it will be 4c. It is about 8.5% DY as current price. Hope the management will look into it holistically

Posted by tksw > 2024-07-09 22:35 | Report Abuse

Buy when OP wash plate....

Posted by speakup > 2024-07-10 07:39 | Report Abuse

TP 80sen
stay invested

Posted by tksw > 2024-07-10 09:27 | Report Abuse

Speak up sifu, TQ . Now I have speakup and Phoebe sifu to gift confidence.

Posted by tksw > 2024-07-10 09:28 | Report Abuse

tksw

Kasi offer juai 480. , tekan kasi tulun.

Posted by Phoebe > 2024-07-10 09:48 | Report Abuse

The future FOB China price of rebar and HRC is between RM 2300 and RM 2450, but I am unable to find the price of billets or slabs. I estimate that steel slab is less expensive and based on the analyst's presentation, the production cost for Eastern Steel  is roughly RM 2430. I'm not sure how much freight charges cost, but I believe Eastern Steel's production costs are very competitive Futhermore, import good have the risk of FX fluctuation and charges. One of the reason they able to manage the cost is is they have their own power plant which cater to 90% of their needs and they have a conveyor all the way from the port to transport their raw material and product. This will be a big help especially with the rise of diesel.

Posted by HorseyKL > 2024-07-10 13:37 | Report Abuse

🇲🇾🇲🇾 UOBKH Retail Market Monitor
10 July 2024
Stocks To Watch:

1) HIAPTEK (KLSE: 5072)
Technical BUY with +25.3% potential return
* Last: RM0.475 TP: RM0.565, RM0.595 SL: RM0.455
* Timeframe: 2 weeks to 2 months
* Shariah: YES

Posted by tksw > 2024-07-10 15:52 | Report Abuse

Horsey sifu, itu analysts ask ppl to buy oni at near recent high, 485 got bombed just now.... Looks like wanna to test the 465 sapot...

Posted by tksw > 2024-07-10 15:53 | Report Abuse

470 bili balik sikit... Waiting 465...

Posted by HorseyKL > 2024-07-10 22:55 | Report Abuse

No worries. Just try to share what they written. Sendiri buat judgement lo..🤣

Posted by tksw > 2024-07-11 10:26 | Report Abuse

Horsey sifu, I say say oni, indeed
Very thankfuk for Phoebe sifu and your sharing .Kim sifu oso. Sorry if I missed out anyone who share. Tarak cukup tidur..

Posted by tksw > 2024-07-11 10:28 | Report Abuse

Ole ole dapat bili balik sikit 480 and sold all the way to 495. Took back another 1-1.5 sen.... Gogo hiaptek aka ATM OP

Posted by tksw > 2024-07-11 10:31 | Report Abuse

Too bad didn't Sapot 475 tthis morning, greedy go sapot oni 470 to455😪😪

Posted by tksw > 2024-07-11 14:38 | Report Abuse

Cantik sekali, Wanna test bendera pecah keluar...😍