Just go read with all hiaptek from start to 2012 David lau buy it , use rm80m for buy hiaptek this company , and become the chairman director . After that David lau use hiaptek 100m for buy his going dead company Easten steel . So for the obviously, we can know David lau still earning with this 20milion . That mean hiaptek is free for David lau, and somemore this all detail u can go check at google I say is real or not . And after that hiaptek all project at Terengganu , and only have 5 project . And that most important this 5 project from 2012-2017 they never start active. I can tell u this all is David lau playing style. For use ur brain think , hiaptek actualy is Empty company, is nothings inside all is 0.they always use the funny announcing want sign with ang gang, pls la how long already about this announcement. Where got company will keep delay that cooperation until so long . Just can keep lying a lot buyer come to buy their share, and them sold out only. Still a lot ppl don't know what they r doing. If u realy David lau this ppl detail , u will won't buy any share for his company . All just empty 0, use ur brain and go google find that all detail, see I say is true or not
And hiaptek debt 700miliom , pls think about only 5% interest how much hiaptek need pay to bank for 1 years interest . He earn the money give he earn 100 years he also can't pay finish that debt
There is some truth iphone7 comments but some are arguably, not accurate.
If you take away eastern steel, the group makes something like 50m+ from operations YTD 6 mths based on segmental reporting ?
If you're in the steel hardware market, you would know this is a real business that makes money, though i wont defend reputation of owner.
But know this, why keep things private when you can increase your networth via injection to a PLC with PE ratio of higher than 1 ? So to me it is in their best interest to increase valuation of this company and yes they are not doing it for us as we are small insignificant shareholders like us here, because they are the main shareholders last i checked.
As for their business management / acumen, they have a couple of businesses under their private side which is obviously profitable ( you can verify this with bankers you know ).
What would most likely happen ? Change of shareholder and renegotiation of debt to shareholders from ShouGang to Angang seems positive to me for 1 very simple reason. Angang will be holding majority and Eastern Steel performance will no longer be consolidated under this Group. Also, the USD loans from shareholder would be probability renegotiated.
My cost for WB is 10.5 cents and im stilll ok to hold despite watching it drop.
So why is this coming down ? To me this group will only get support from people who understand their business and from the smaller funds. large funds will unlikely buy in and you can forget about the foreign funds. People have been burnt and tired of waiting for a lot of stocks to 'undervalued' stocks to recover so there will be downward pressure. This applies to a lot of stocks in the market now.
Lwh88 - If Angang on, sure the valuation will jump more than double minimum. If it's off, recurring operations cashflow already enough losses from eastern Steel.
If your holding short term then better exit if u don't have the stomach to take some negative pressure.
c what happen 10.17pm Kindly be advised that trading in the above Company's securities has been halted with effect from 9.17 a.m., Monday, 3 April 2017.
Trading in the securities will resume with effect from 10.17 a.m., Monday, 3 April 2017.
Your attention is drawn to the Company's announcement dated 3 April 2017.
Yeah look at the buying support. Could be management trying to con you sell cheap back to them or or funds that sold down from 16 cents first coz they knew of this development hoping to whack small holders and man on the street. And now they are buying back, coz there really is fundamentals to this counter
Looks like I'm right :-) im only holding son. Seems undervalued to me with long expiry, exercise price of 50 cent and mother doesnt really pay dividend if u checked.
Haha , go see the news annoument , already tell u this is empty company ,nothings inside . And now angang cancel with them coperation. Realy is shit now hiaptek
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....
fattchoy168
52 posts
Posted by fattchoy168 > 2017-03-27 09:46 | Report Abuse
really cannot fly?? I tot they got positive net profit mean the company in good trend already. -_-!!!