007007 ...... not a little bit off ...... plenty off..... many lost money.

20/07/2021 1:17 PM

soros228 well said 007007

20/07/2021 1:19 PM

Target1 $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

21/07/2021 7:10 AM

007007 The first golden rule of investment success is to never believe KYY....... the second golden rule is : Dont forget the first golden rule.

21/07/2021 8:08 AM

OTB Recently, global steel prices have soared three-fold, and Taiwan’s steel stock prices have almost doubled at least simultaneously. This is a phenomenon that has never occurred in the past two decades. What is the reason behind it?

The apparent reason is that Australia has substantially increased the price of iron ore, but the main reason is that China has drastically cut production capacity and eliminated subsidies to curb production capacity and no longer encourage exports.

Since China is the world’s largest steel producer, its production capacity accounts for 55% of the world’s total. Therefore, when China cuts production and curbs exports, and India, the second largest steel producer, falls into the epidemic situation, it is conceivable that the demand for steel is in short supply. How serious the situation is, so prices soared.

Why should China reduce production capacity and curb exports when demand in the global steel market is tight? Why not take the opportunity to expand production and make a good profit?

The answer is that China used to cut steel production capacity and curb exports to create inflation and hit the economic recovery plans of the United States and the Western world.

In the past, China provided abundant global market demand and low-priced steel products, which played a decisive role in helping the world suppress prices and avoid triggering global inflation. Even if the United States has repeatedly implemented the so-called quantitative easing (QE) policy and printed a large number of banknotes, it can still enjoy low-interest funds without causing the depreciation of the dollar and inflation. In fact, these are all factories in the world, China, sacrificing environmental protection, bearing cheap labor, and contributing to global economic development.

But this time China is obviously no longer willing to take advantage of it anymore, curb steel supply and allow global inflation to let European and American countries experience the soaring prices without Chinas sacrifices!

When the price of steel, a pillar product in economic development, and all raw materials have skyrocketed, look at Bidens trillion-dollar infrastructure. Will it continue? See if the Fed can maintain the original low interest rate policy?

Thank you.

21/07/2021 9:08 AM

William Wang To say China wants to sabotage the world in this crisis is simplistic and irresponsible. It is not only the steel, all commodities prices had gone up.. tin, copper etc, even our palm oil.. why???
A simple factor.. could it be the world labour force had gone down, productivity curbed, yet we have the same amount of monetary value circulating around .. commodities/products still require the same amount of input to produce , value remains but for monetary value?
We are fish in a small pond, the ocean players play with real money!

21/07/2021 3:42 PM

007007 Yesterday, KYY in his blog said that Malaysian stockmarket will crash bcos Dow Jones fell more than 700 points. Dow Jones index has subsequently rebounded and Malaysian stockmarket did not crash.
Now KYY has removed his blog post.
If Malaysian stockmarket had crashed he would have jumped with joy.
This old fox has a black heart.

21/07/2021 8:54 PM

Cheers Dont care about this rubbish old fox.Always talk nonsense. Tak malu

21/07/2021 11:06 PM

yewyin33 I just I rang Leon Fuat tel. 03-33753333 and Hiap Teck tel. 03-337788888. Both these companies are closed. Last week, I also did the same and found that both these companies were closed. You can ring up to verify what I said. If they are closed for so long, they cannot report increased profit in the next few quarters.
Even if they can produce steel and steel products, construction companies do not need them because all their construction works have stopped. Just open your eyes you can see there are so many construction works are in a stand still.
I just rang Dennis Tan, Secretary General of Master Builders Association, Malaysia to confirm what I just said. You can call tel 6019-3316282 to verify what I just said.
Among all the stock selection criteria such as NTA, cashflow, dividend yield, debts or healthy balance sheet, the most powerful catalyst to push up share price is profit growth prospect.
All the steel companies do not have profit growth prospect.
Investors must not buy any steel stock which does not have profit growth prospect because when it reports reduced profit many smart investors will rush to sell their holdings.
As all investors know that all steel companies have reported increased profit for the last quarter ending March 2021 and they are selling at PE 2. They are undervalued based on their previous profit.
Unfortunately, many less informed investors are buying them based on their previous quarterly profit. They are undervalued and look very cheap but they will remain cheap until they can report increased profit.
Investors should wait to see their next quarter result which will be announced before end of August. Patience is the key for successful investment. Koon Yew Yin

21/07/2021 11:20 PM

blistering haiptek & leon fuat !! must buy

22/07/2021 12:30 AM

007007 Dow Jones rose sharply last night...... disappointing KYY who predicted our market to crash of the Dow falls......serves the old fox right. He used to say the reason I write this and that is so that investors dont lose money in the stockmarket, etc...... now we all know he has the opposite objective.

22/07/2021 8:19 AM

BlessedInvestor Haha, Leonfb now is 99sen which i managed to sell some to take profit. My ave price is about 90 sen, thanks to KYY selling which pressed down the price. Like i said, KYY will need to buy back above RM 1 soon...

22/07/2021 9:54 AM

007007 007007 KYY and joyd12345 bang balls....if they have balls

22/07/2021

22/07/2021 10:07 AM

soros228 well said OTB
i am with u OTB
U are The last of the Mohican , thank u

22/07/2021 10:13 PM

OTB Posted by pang72 > Jul 22, 2021 9:46 PM | Report Abuse

Wow!!
No operation, how to make profit?
Why bet on ghost factory?
I got 1000 not ghost factory to choose!
-------------
Answer :
Are you sure there are 1,000 factories not affected by this MCO lockdown ?
How many stocks are listed in KLSE ?

You know a bit, you want to act in front of me.
How much money you have made in KLSE ?
Always try to attack me indirectly, you think that I do not know it.

Please refer to the below link.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5232
Last 2 quarter EPS = 17.49
I assume lost 1 quarter PAT due to MCO lockdown.
Next half year EPS = 8.75
Total EPS = 26.24
Price = 0.97
PER = 3.69

Tell me how many stock in KLSE has this type of low PER = 3.69.
Thank you.

22/07/2021 10:16 PM

OTB pang72,
You are far ... far ... away to reach my standard.
You can scold and bully all newbies easily.
Please do not attack me, you do not have that type of standard yet.

Make a bit of money, try to act in front of newbies.
Do not show off in front of me.
You are just a small fry here.
Use you intelligence to guide newbies but not to attack everyone here including me.

22/07/2021 10:22 PM

OTB Steel stocks listed in China went up a lot today.
Please be patience to wait for our turn in KLSE.
All steel stocks will perform very well in the next 2 years.
Thank you.

22/07/2021 11:16 PM

winmal Uncle KYY give negative comments on steel & construction sectors after his sold his steel counters. his will promote his investment later just wait

23/07/2021 1:04 PM

OTB LeonFB
Please refer to the below link.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5...
Last 2 quarter EPS = 17.49.
The share price of LeonFB is 0.95.

Vitrox
Please refer to the below link.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=0097
Last 2 quarter EPS = 17.23.
The share price of Vitrox is 19.30.

The share price of LeonFB is only 4.9% of Vitrox.
Very sad.

Thank you.

23/07/2021 1:26 PM

Sslee Haha,
Insas last 2 quarter EPS=22.92.
Cash rich, NTA: RM 2.96 and holding 545,503,575 Inari shares as one of the associate company.
Share price 89 cents

I am very happy to accumulate Insas.

23/07/2021 2:02 PM

OTB The share price of steel stocks will go up north in the next 2 years.
I do not follow anyone including any analyst.
I do my homework in great detail.
I have my own standard to measure my performance.
No one can even influence my decision.
I invest with a certain principle and I can afford to lose all in Hiaptek and LeonFB.
I read a lot and I do not tell lies here.

I am not like one or two liars here.
The biggest liar is KYY.
This liar continue to attack Hiaptek because I do not agree with him.
I go against him to talk bad about LeonFB and Hiaptek.
Thank you.

26/07/2021 10:14 AM

NoviceJ A mans ego is a very funny thing, to think that when you are old enough we should be more sane than let our Ego rule our head,
just read his blog that of all steel stock especially HT and LF will tank
Is he not out to attack this 2 stock to prove his ego
By his own admission earlier when he promote the stock, is he able to predict the next few quarter, I beg to differ

26/07/2021 11:12 AM

OTB A liar will continue to lose in stock market.
Do not worry, Karma will count on it.

断人财路如杀人父母,罪大恶极, 如殺人父母, 有报应
Thank you.

26/07/2021 11:18 AM

NoviceJ To be honest, Im one of the novice that listen to his advice to buy this share and the argument presented was very logical and after buying in at 98cts the next day or so I read with this bewilderment that he is advising people to sell, so is this a super investor or is he not
and can this so call super investor really see what is going to happen in the next few quarter if he cannot even see it in the past few weeks

Im holding on base on OTB fact that steel prices will make a paradigm change and will disregard the noise created by the so call super investor

make your own judgement as I had make mine

26/07/2021 1:59 PM

007007 https://g.co/kgs/XVEYu8

27/07/2021 7:21 PM

007007 007007 KYY recommended buying Sinopharm shares in Hongkong. What happened to the share price since then?
27/07/2021

27/07/2021 7:23 PM

apple168 https://m.youtube.com/watch?v=p3G6_E5r_4s

31/07/2021 12:22 PM

bulldog Accumulation in progress

Huat chaiii

02/08/2021 8:30 AM

YOLOorLOL hahahahah, the boss wont di e ......see how much his earn 1 million plus plus , excluding dividend
only ikan bilis di e , even this company is so stingy

03/08/2021 8:07 PM

Will76 RM0.75 by Sep 2021

11/08/2021 12:48 PM

Invest_888 Leonfb starts to move up.

18/08/2021 11:58 AM

Hansonjj https://www.nst.com.my/business/2021/08/720341/leon-fuat-upbeat-about-steel-industry

23/08/2021 6:04 PM

Hansonjj Things are looking promising for Leon Fuat!

23/08/2021 6:04 PM

LouisLim steel price big up today

24/08/2021 10:33 AM

LouisLim Steel price still up today.

25/08/2021 11:30 AM

28/08/2021 1:42 PM

joehoong93 Result will be out later?

PAT 45m?

30/08/2021 3:35 PM

suasuake How come result still not yet out?

30/08/2021 8:18 PM

hng33 BURSA MALAYSIA GRANTS AUTOMATIC 1-MONTH EXTENSION FOR ISSUANCE OF FINANCIAL STATEMENTS AND ANNUAL REPORTS DUE ON 31 MAY 2021 AND 30 JUNE 2021

30/08/2021 9:08 PM

007007 https://ihsmarkit.com/solutions/steel-forecast.html

31/08/2021 1:01 PM

007007 If industry research house ihsmarkit.com forecasts steel prices to drop sharply in Q3 and Q4 2021, how can share prices of steel companies go up further ?

31/08/2021 4:09 PM

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