Wow, getting more buyer today. Remember the history record high for hiaptek is 2.36 and it is now only 0.38. Very hgh potential to rise further. Stop think and buy now.
my remiser told me that china company will purchase hiaptek's product for their railway project in Malaysia. Therefore, i bought this counter on this speculation one month ago. Dunno whether the recent price uptrend is related to this or upcoming qr
Tracking the past 4 quarters on all the JV impairment shown that all the JV costs had been impaired, that means from this quarter result onward there will be no more JV impairment .. last quarter RM30 mil impairment will increase profit significantly ...
wow what is happening with this counter, up even when market is down. and anyone know why its LA is trading at a discount to the mother? shouldn't it be at a premium when it's convertible 1 to 1 to mother and carries fixed interest (7-8% a year) compared to hiap teck low dividend?
There is reason y prominent fund house dumping this counter. Revenue commendable stable but look at the NP for last 12 qtr yoyo. Nx qtr could be uncertain as well. There many good company to turn for.
Profit will be good. I heard its even more than 28m net and this does tally with the market condition for steel for their last quarter so its not surprising.
For those not in yet, results should be out tomorrow. so 1 day left to wait.
Yaa tmrw some ppl will sell on news for small profit margin.i target higher profit so will dumb dumb hold..great qtr result..net profit jumped 3times compare to last year..well done
The steel price still stable and the hiaptek historical highest price was up to 1.633 before. The current profit jump so high. It will be like another LIONIND. Those continue to hold will be fruitful. Cheers..
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....
carurhead
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Posted by carurhead > 2017-06-21 09:38 | Report Abuse
Wow, getting more buyer today. Remember the history record high for hiaptek is 2.36 and it is now only 0.38. Very hgh potential to rise further. Stop think and buy now.
Carurhead
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