Amverton (previously call A&M): welcome back

Window dressing, hope it can continue...

Hiap Teck Venture expects to resume Eastern Steel operation in FY18

Some good comment, so I expected Hiaptek will rise further.

“We are in the final stage of planning. We hope to resume its production by FY18. Based on today’s market conditions, we are confident that Eastern Steel would be profitable,” ED Foo Kok Siew said on the sidelines of the company’s AGM in Shah Alam yesterday.

“Firstly, the risk is in the volatility of the prices. They have moved up and down by 5%. The other thing is forex and the US-ringgit rate has been fluctuating.

“The weakening of the US dollar is good for the company as there would be less forex losses especially in Eastern Steel because the company has shareholders’ loans in US dollar,” Foo said.

He also said the company does not foresee any further impairment exercise in FY18, unlike in FY17.

https://themalaysianreserve.com/2017/12/19/hiap-teck-venture-expects-resume-eastern-steel-operation-fy18/

Mphbcap: another new low, super yummy

Myr 865 million cap. I have collected some at 1.22. Very bargaining and super cheap price now. Major shareholders must be no mood to see such a low value versus what they have.

Mphbcap: very interesting as it heading to all time low now

Stay calm, don't sell as the best strategy is hold or buy more and not a sell. Tomorrow I think I will able to get the all time low price or slightly higher than the all time low.

Mphbcap as today market value

Mr market gave Myr 887 million vs fair value 2000 million. Market understated Myr 1113 million or Myr 1.1 billion.

Very yummy to continue eat !

Mphbcap- abnormal sell

Wah! Very big seller!
But I don't think is real seller. It just want push down to collect.

Mphbcap: now is only 894 million market capitalization

Myr 894 million vs net tangible assets myr 2 billion.
I think the big boss must be very unhappy. Why not take it private as market is not efficient and unreasonable to price your company.

Mphbcap: Heavy volume change hand

Abnormal high volume today. I joined the mega sale today at 1.25.

Mphbcap: Heavy volume change hand

Abnormal high volume today. I joined the mega sale today at 1.25.

Mphbcap : still buying

Today buy 10k share at price average 1.27. The candlestick movement look stable and together with sign of rebound from 1 year chart.
You don't want, I want.
Tomorrow will collect another 10k shares.