Hiaptek now in the strong bull

Good news the furnace blast will resume operation in coming May according to the local news. So, you're rewarded for your patience to wait!!!

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/

Hiaptek is building up uptrend line

I have with Hiaptek many years, i still holding some for the wish it will recover in future. Now the wish is came true and now enjoying the profit compared with last year a big loss in portfolio. Once it resume the new plant of the furnace blast, the potential  upside is huge as the iron ore price is uptrend now.

Hiaptek: the end of downtrend, confirmed!

= 业绩公布 =
5072 HIAPTEK
营收 yoy +4%, qoq +10% | 净利 yoy +202%, qoq +718%
营收对比去年同季上升主要是钢铁价格改善使得销售价上升，而盈利增长主要是赚幅改善。
营收对比前一个季度上升主要是销售价上升，并使得赚幅改善而提高盈利。
展望方面，若中国仍致力于减少钢铁产量，及实施其他能抑制价格便宜的钢铁出口至大马的举措，管理层表示看好我国今年钢铁领域的前景。
本地生产的钢铁多数是用在基建及建筑领域。因此，我国的钢铁领域前景，很大程度上是取决于这些领域的增长表现。
该公司指出，我国今年总值RM13.8bil的新建筑工程，预计建筑领域将维持稳健增长并放眼会有10.3%的双位数增长。
公司也将继续努力以交出亮眼的业绩表现。
在季度盈利创下近年新高提振下，股价料将获得资金追捧，可配合走势操作破位行情，届时可上看费氏扩展阻力0.420及0.445水平。
预料Q4业绩将因建筑活动放缓而表现较疲弱，因此全年每股盈余可直接以跟踪4季预测，那目前市盈率为11倍，属合理水平。
据悉，该集团仍在酝酿重启高炉利好消息，故此上述短线目前仍可望达到。

HIAPTEK: Building up a solid uptrend line in progress

Look good. I still holding it.

HIAPTEK : I will subscribe the right

The loan stock right issue about to be completed. I will subscribe the right and take the bonus issue and warrant cos this is very attractive offer. Today is strong rebound, I guessed to attract full subscription, price need to push up to boost up confidence level and motivate shareholders to take the right, e.g. like me also attracted to subscribe it.

HIAPTEK - Counting down to Ex

Hopefully it can reach back to 0.50 but this is mission impossible to climb back to the trend.

HIAPTEK - will furnace blast for iron ore resume operation?

Currently HIAPTEK temporary suspended the operation of newly set up furnace blast factory which to process the iron ore due to extrem low selling price. Now the price rebound strongly from bottom, interesting to know whether the company will resume mass production operation or stay as is?

HIAPTEK - 0.50 done, but 0.60 will absolutely make the right issue fantastic deal

HIAPTEK - May the force with you

HIAPTEK - Reaching 0.50 soon!

This will motivate the subscribe for the loan stock. 

HIAPTEK

Continue aim the bull, strong bull yet to action.

HIAPTEK - Getting stronger and stronger

Release jail from stronger MYR. Wish the furnace blast able to resume production.

HIAPTEK-The worst is over, the return of the uptrend

Will be well support by attractive bonus issue come with right issue.

HIAPTEK - declaration of end of downtrend, rebound in progress

Bottom done
Rebounding progress initiated...

Hiaptek - end of downtrend journey, starting rebounding?

My sad story for holding HIAPTEK.

Hiaptek (5072) Not my bull Not my bullshit

What happen if the bull you're aiming is not a bull but a bullshit? I've collected Hiaptek at 0.40 bottom long time ago with the ambitious target it will go up at least 1.00. After I bought it, few weeks later it start recovered from bottom to as high 0.80. I'm so ambitious it will reach my target 1.00, too bad it not achieved.
After that, it started the downtrend movement and I managed to unload 80% of stocks and keep the balance of 20%.
Now it turned to bullshit for the balance I hold for it. The reason of down is very clear due to huge loss impact from associate company Eastern steel. The blast furnace for iron ore build at the wrong timing. The balance I keep is waiting wrong timing turn to correct timing.
Will my expectations will come true? Honestly, at price 0.30 today I also not dare to collect because I'm not confident is it aim the bull or aim the bullshit.
I just let my balance stocks take care of it and the right issue for bonus and free warrant I will subscribe for it.