u see topglove end feb tat time. When anak gonna expired will MM push mother share up ? Sure they will wanna made more from the warrant they issued.
But this is structured warrant im also not sure if they wanna do the same

Hiap teck warrant is issued by the listed company, whether it expire soon or not , don’t really affect the mother share price ; call warrants of glove counters being issued by investment banks , they r called call warrants n can’t be converted to mother shares ( normal warrant can be converted)... U guys misunderstand the financial products n even many retail investors said investment banks manipulated the mother shares due to call warrants, I think also can’t believe 90-100%, many factors affected the glove counters share prices...

For Hiap teck warrant, expiry date is too close , no point to goreng Hiap teck even 2 months ago, most of the time, big bosses of listed companies don’t bother their warrants in money or not in money , in other words, they don’t goreng the mother share up in order the warrant holders can convert the warrant to mother shares ...

This why i said this hiaptek is stucture warrant and not sure if it does affect the mom price.
In glove i saw many call warrant expired hence i quickyl sold all at 7.0 before the waterfall come in .


Till now we can see hiaptek keep pressing down but still no idea why.

I have been in Hiap teck since 2015... The quarterly result getting better since 3 quarter or 1 year ago but those expect next quarter result will be very good n Hiap teck being goreng up to 65 cents n above , maybe too high expectation.... if no goreng factor , Hiap teck can’t even reach 52 cents 2-3 months ago ...:)

With the quarterly result, can break 58 cents or 60 cents within weeks but wonder why Yvonne so confident the quarterly profit is much better than last 2 quarters ... just steel prices going up in last 3-4 months couldn’t have delivered such high quarterly profit...

Kevin Tam just purely because you are an ordinary retail investor and I'm in this steel industry. You can choose not to listen.. If you feel hiap teck not gonna perform well in the following quarters and you lose confident, you can make the call to sell the shares ya :)

Tips: check steel ore price from last Q 2020 till now and other steel counters financial performance also pls understand ht nature of business for your knowledge

Are U in the steel industry ? Working in which steel manufacturer ? I don’t really think that many accurate insider information ( from top management only useful , those info from sales guys or managers, not really that accurate)... after U predicted correctly Hiap Teck having extra ordinary profit but mr market n retail investors having so so confidence level make share prices hanging at 45-48 cents in this week... Share prices still at 45-48 cents to let investors to collect .... I bought many of the Hiap teck at below 28-29 cents few months ago but I don’t think earning 25 mil per quarter can’t push the share price higher .... The short term movement actually less important.... Hiap teck got one associate company called Eastern steel , U should know that, right , Yvonne ..

I have been keeping track with iron ore prices since few years ago... your hint can’t help much( I same as U, more than 15 years in share investment) ... We can’t see the profit level by Eastern steel right coz this just quarterly profit, can’t see the details n which segment push up the quarterly profit...

Kevin seems like you have just started to lose confidence in ht right before and after qr announce and share price drop. I've been polite at the beginning (next post) and well if you could talk in better way, I would love to share more details with you. Just do whatever you think is right.

Which comments of mine showed that I lost confidence to Hiap teck after the quarterly result out ? U don’t really answer my doubt n u have right to share or don’t share ( don’t think u know the details)... if Hiap teck can earn 30 mil at this quarter n next quarter maintain at 25 mil n above , it worth more than 60-64 cents ... Until now , my doubt still what push up the quarterly profit until so high , most steel counters just having so so quarterly profit in latest quarter... maybe Lionindustry is exception ...

Before quarterly result out , I did believe Hiap teck gone up from 23-25 cents all the way to 52 cents 3 months plus ago , more than 60% due to goreng factor ... coz even it has fundamental n started to show profit before other steel manufacturers, it doesn’t worth more than 43-45 cents ( 2 months plus ago view )...

Yup, lionindustry latest quarter profit being pumped up by 100 m of accounting matter; in other words, most steel counters still haven’t showed good results n it is rational coz the recovery just started as well .... construction sector still slow ...

Neutral opinion: HT still ok in flatsteel + china will have more demand as china wanna reduce carbon kinda and will then need steel from other country .
And if USA wanna increase massive infrastructure development, this will benefit our steel industry(hopefully) .
The two big bro(CN &usa) fight and we can earn then good

US even spending 1 trillion in their infrastructure projects, most probably she doesn’t import from Malaysia or China ... Malaysia steel manufacturers all r much smaller in size than those in China, Korea , Japan n EU... For Hiap teck , its main product actually is steel pipes, not steel bar for construction sector.... Water supply projects of Selangor or higher iron ore prices should be the factor that can push up her next 2-3 quarters profit ...

If KLCI no momentum to go up or facing correction, those in top 20 in volume n many of the goreng counters will not move up or remain sideway.... Day trader or playing one week short term goreng, most of them cannot make money ...

Below 43-44 cents, is better n safer to collect ; the drop of steel sector can be explained by investors understand the recovery of Malaysia is kind of slow plus recovery counters being sold/ facing selling pressure due to Covid 19 cases keep increasing in last few days ...