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The Huat Project

Author: Sipekhuat   |   Latest post: Fri, 16 Apr 2021, 3:00 AM

 

STEEL very underrated and possibly to FLY!

Author: Sipekhuat   |  Publish date: Fri, 16 Apr 2021, 3:00 AM


STEEL very underrated and possibly to FLY!
 


 

Dear Readers, welcome back to “The Huat Project”. In this article we would like to emphasize that STEEL Sectors are still very UNDERATED, and that its share prices are also very much UNDERVALUED

 

Flat steel products are commonly known as steel sheet/coil and steel plate. These are categorised in various types including hot rolled coil (HRC), cold rolled coil (CRC), metallic coated steel, organic coated steel, coil plate and reversing mill plate. Flat steel products consist of sheets and plates. They are rolled from slabs, which are a semifinished steel product. These products are used in a wide range of industries such as automobile (ELECTRIC VEHICLE) , domestic appliances, shipbuilding, and construction. https://commodityinside.com/flat-steel-market/


For The Steel Sector, we would like to highlight this 3 High Possible Steel Stock, as these 3 Steel Companies focuse alot in Flat Steel Products - Hot Rolled Coil (HRC), Cold Rolled Coil (CRC).

1. YKGI (7020) 

2. LIONIND (4235)

3. HIAPTEK (5072)

Flat Steel Prices Reference from London Metal Exchange (LME)



 

From the chart above, it is  that the Flat Steel Prices are definitely on the uptrend and on the rise. It is all time high right now at $850/tonne ! !

 

Peers Comparison Analysis


Lets compare the prices of the Leader in Hong Kong Steel, vs our 3 very prospective steel counters.
 


 

From the chart above, from February2021 to date, Angang Steel is up 67% while most of our steel counters are lagging and only up 19%-30%. Part of the reason is because of Foreign Fund has yet to notice the undervalue steel counters in Malaysia. We believe that the Steel Cartels in Malaysia are waiting for the right opportunity to whack the share prices up, especially after the BULLISH NEWS https://www.theedgemarkets.com/article/govt-review-antidumping-duties-cold-rolled-coil-imports-china-south-korea-vietnam

Through this, the Malaysia Steel Players <YKGI (7020) , LIONIND (4235), HIAPTEK(5072)>  will be well protected and the company can continue to make money.

Technical Analysis

1. YKGI (7020)


On 24 February 2021, YKGI’s share price rallied bullishly. YKGI is on a uptrend. With RM0.215 as the support, there is a potential upside to retest its previous high of RM0.330, and its Reward:Risk ratio is 16 times.

 


2. LIONIND (4235)

LIONIND is has been on an uptrend and is currently “washing” weak holders as it is traded in the side ways. With RM0.740 as its support, a breakout from its immediate resistance of RM0.880, could possibly retest its Resistance of RM0.970. The Reward:Risk ratio is 7 times.

 

3. HIAPTEK (5072)

 


HIAPTEK is on an uptrend. A breakout from its Cup & Handle resistance of RM0.535 would possibly bring the share price to retest the resistance of RM0.60. With RM0.465 as its support, it has a possible Reward:Risk Ratio of 12 times.

Conclusion:

We believe that the STEEL SECTOR has alot of room to grow, especially for  <YKGI (7020) , LIONIND (4235), HIAPTEK(5072)>. While the fundamental of increasing Flat Steel Prices are beneficial to  <YKGI (7020) , LIONIND (4235), HIAPTEK(5072)> its Technical Analysis are promising as well as the Reward:Risk Ratio of YKGI (7020) is 16 times, LIONIND (4235) 7 times, HIAPTEK (7020) 12 times.

Also with the anti-dumping news, we strongly believe that the share price of these companies would soon take off !
 

What will you do?

DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recommendation. Investors must always do their own due diligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.

 

AWC(7579) - king of Facility Management

Author: Sipekhuat   |  Publish date: Mon, 12 Apr 2021, 1:45 AM


 

AWC(7579) - King of Facility Management

1. AWC(7579) provides Facility, Engineering, Environmental, and Rail management services. 

 

2. Strong Order Book. To date, AWC(7579) already secured many project awards.

3. Good management. Despite their confidence, the management team do not over promise. Also they are confident to obtain an order book of RM950mil this year.




 

 

4. The recent HEADLINES will definitely BENEFIT AWC(7579).

https://www.thestar.com.my/news/nation/2021/04/06/datuk-in-tender-cartel-held-for-using-insiders-to-grab-contracts


After all the insiders and dirty technique to grab contracts are out of the way, we believe in the HONEST and COMPETENCE of AWC’s management ability to secure even more contracts.

5. Technically AWC(7579): To test new resistance.

AWC(7579) was positively traded last Friday with positive volume and price action. Once the Short Term Resistance of RM0.745 is broken, the next immediate resistance will be tested- RM0.930

With RM0.680 as the support, the Reward:Risk Ratio is appealing of 4.3 times

 

CONCLUSION:

We strongly believe in the Near Term, AWC(7579) will break out from its short term resistance to Trend Higher, back by a strong order book, and potentially many future contracts to be awarded. Also, AWC(7579) would strongly benefit from the recent HEADLINE of the TENDER CARTEL gone

What will you do ?

 

DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recommendation. Investors must always do their own due diligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.

 

 

 

Labels: AWC

JACKPOT: Doubling with minimal risk via New Boss -Wednesday 17/3/2021

Author: Sipekhuat   |  Publish date: Wed, 17 Mar 2021, 2:03 AM


JACKPOT: Doubling with minimal risk via New Boss  -Wednesday 17/3/2021

Welcome back to “The Huat Project”. Today we would like to present JACKPOT: Doubling with minimal risk via New Boss- COMPUGT(5037).

 

Storyline Analysis:

The old majorshareolder, Mr Goh Kheng Peow has exited the company by selling all of his shares via Direct Business Transaction (DBT) at RM0.02. ( https://www.klsescreener.com/v2/announcements/view/3318790 )

 

The New Boss, Ms Soo Yi Xin purchased at RM0.02. ( https://malaysiastock.biz/Company-Announcement.aspx?id=1300110 )

 

Ms Soo Yi Xin, is the Group CEO of HSC Healthcare Group. HSC Healthcare Group is a fundamentally sound company as they recorded profit of 62mil on revenue of RM265mil previous years.

https://www.thestar.com.my/business/business-news/2016/06/06/mexter-causing-a-stir

https://hsc.com.my/news-details.php?news_id=354 

 


Technical Analysis:

From the next resistance is shown to be at RM0.05, and with support of RM0.02 as support (New Boss buy in price), the reward risk ratio is 2:1. Should the RM0.05 resistance be broken, next possible resistance is RM0.075.

Conclusion:


We observed a lot of penny stocks are on the rise, while most pennies are in the PN17 group, COMPUGT(5037) has just started moving after the DBT. Also could COMPUGT(5037) be politically linked in any way ?
 

We believe that COMPUGT(5037) has great potential with the announcement of Ms Soo Yi Xin emerging as the new major shareholder. Ms Soo Yi Xin DBT Price was done at RM0.02, and as Group CEO of HSC Healthcare Group, could there be any asset injection into COMPUGT(5037)? 

DBT of 200million shares at RM0.02

 

What will you do?

DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recommendation. Investors must always do their own due diligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.

Labels: COMPUGT

4 Reasons for this to FLY on 12/03//2021 Fry-Day!

Author: Sipekhuat   |  Publish date: Fri, 12 Mar 2021, 1:59 AM


4 Reasons for this to FLY- OPCOM(0035)

 

1.Clear beneficiary of MYDIGITAL.

https://www.thestar.com.my/business/business-news/2021/02/23/beneficiaries-of-mydigital-initiative 

MyDigital is a RM15Billion investment by the Malaysian Government and OPCOM(0035) is a clear beneficiary of this mega scale investment. Future earnings will come

 

2.Malaysia’s Midas Touch Prince emerged as major shareholder.

https://malaysiastock.biz/Company-Announcement.aspx?id=1294681 

Dato Eddie Ong Choo Meng emerged as a substantial shareholder, acquiring 24,632,300 shares which translate to 15.26% of OPCOM(0035) shares. We noticed everytime this Midas Touch Prince emerges as shareholder, the company will Rocket. In this case, OPCOM(0035)

 

3.“Something” is brewing with the emergence of Dynamic Prestige Consultancy Sdn Bhd. Take Note OPCOM(0035)

 

Technical Analysis:

 

 


 

4.OPCOM(0035) has been on the rise and is on a clear uptrend by forming higher lows. OPCOM(0035) found its support at RM0.600. Its next resistance is at RM0.635 and breaking this resistance, OPCOM(0035) will fly to its next resistance of RM0.820. With RM0.600 as support, the Reward to Risk ratio is 7.8times

 

Conclusion:

 

We believe that OPCOM(0035) is a clear beneficiary for MyDIGITAL which is a RM15bil plan. OPCOM(0035) has Dato’ Eddie Ong’s attention and he as emerged as a major shareholder, “something is brewing”. OPCOM(0035) is also technically attractive. With the 4 reasons above...


What will you do? 

DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recommendation. Investors must always do their own due diligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.

 

Labels: OPCOM

Black Horse Flying Dragon in MARCH !!

Author: Sipekhuat   |  Publish date: Tue, 9 Mar 2021, 1:14 AM


Welcome back to “The Huat Project”, we would like to present our new Huat Stock which will be Black Horse Flying Dragon- HIAPTEK (5072).

 

News Analysis:

“The Worse is Over For HIAPTEK (5072)https://www.thestar.com.my/business/business-news/2020/11/28/worst-is-over-for-hiap-teck 

 

In This article, ED Foo Kok Siew opines that The worst is over for Hiaptek backed by fundamentals as their subsidiary, Eastern Steel is producing more steel with the highest rate of efficiency (117%). HIAPTEK (5072) will also penetrate into ASEAN countries to grow its presence as a prominent steel player. 

 

“Steel Stock (HIAPTEK (5072) Soar again !!”
https://www.thestar.com.my/business/business-news/2020/12/29/steel-stocks-roar-again 

Anti dumping duties to support recovery earnings. HIAPTEK (5072) will definitely benefit from this. 

 

Technical Analysis: 

 


 

Based on the above chart, HIAPTEK(5072) is has already broken out, however retraced to an appealing area as HIAPTEK(5072) is forming a Cup & Handle Breakout chart. HIAPTEK(5072) shall soon break its delicate resistance of RM0.505. Next Resistance will be at RM0.640. With support of RM0.44, the Reward to Risk Rato is very delicious. RM0.44 was also Tan Sri Dato Law Tien Seng’s last shareholding changes where he bought into HIAPTEK(5072) at a price of RM0.44 on 16/08/2019. Tan Sri Dato Law has already waited 1.5 years, maybe now is the time for HIAPTEK (5072) to fulfill its Flying Dragon destiny. 


 

Conclusion:

We strongly believe that HIAPTEK (5072) will be able to fulfill its destiny as Black Horse FLying Dragon. If the key resistance of RM0.505 is broken, HIAPTEK(5072) will soar to greater heights to RM0.64 by performing the Cup & Handle Breakout. Afterall, look at Annjoo & Lionind which have already soared sky high. HIAPTEK(5072) will be the fundamentally sound + Tecnically bullish counter in steel sector. 

What will you do? 

DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recommendation. Investors must always do their own due diligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.
 

Labels: HIAPTEK

On Demand to Take Off this Monday!!

Author: Sipekhuat   |  Publish date: Mon, 22 Feb 2021, 12:30 AM




Welcome back to "The Huat Project". We would like to present On Demand to Take Off this Monday - ASTRO(6399).

I am sure as Malaysians, we would know the brand ASTRO(6399). Lets study this company together. 

Fundamental Analysis
Lets look at ASTRO (6399)’s financials.


As seen above, ASTRO(6399) is currently trading at PE 9.85 compare to all other Tech stocks of PE 100. Also ASTRO(6399) has dividend yield of 7%, which is more than double, compared to banks Fixed Deposit of 3%.

 


Also, ASTRO(6399) Profit After Tax (PAT) also Earnings Per Share (EPS) keep on increasing. This is due to the skillful administration from the management team. 

 

Investment Bank Analyst Opinion:

HLIB research analyst, Syifaa calls “buy” on ASTRO(6399) with target price of RM1.10

 

CIMB Analyst call for “add” on ASTRO(6399) with target price of RM1.18 backed by strong FCF generation is highest amongst media peers under their coverage. Also added that the ASTRO(6399) Ultra Box & SVOD would benefit the company.

(https://www.theedgemarkets.com/article/cgscimb-astro-overlooked-stock-current-valuations-considering-entering-highspeed-broadband)
(https://www.thestar.com.my/business/business-news/2021/01/07/digital-convergence-strategy-puts-astro-on-new-growth-path)

 

News analysis:

 

Credit Suisse believes that ASTRO(6399) could be privatised by its major shareholder, T Ananda Krishnan, backed by a sustainable dividend of 10 sen per share, implying about 8% yield. Thee tycoon started reversing this trend by picking up Astro stock in 2018, upping his stake to 41.3% in November 2019. (https://www.theedgemarkets.com/article/potential-privatisation-picks )

“Loud Call for ban of Android Box” https://www.thestar.com.my/news/nation/2019/02/03/loud-calls-for-android-box-ban-malaysian-filmmakers-government-needs-to-take-action-to-curb-piracy 

Company Director finned RM30k for content piracy via TV media boxes.

https://www.freemalaysiatoday.com/category/nation/2021/02/16/company-director-fined-rm30000-for-content-piracy-via-tv-media-boxes/ 

With the local government’s support to potentially ban the Android Box, this will greatly benefit ASTRO(6399)

Technical Analysis 

ASTRO(6399) broke out from the RM0.94 resistance and will potentially breakout from RM0.985 to form Cup and Handle Breakout chart pattern to retest the resistance at RM1.10. ASTRO(6399) has recently turned uptrend by forming higher highs, higher lows. WIth the RM0.94 resistance cum support, the Reward to Risk ratio is about 4 times. 

 

Conclusion:

 

We strongly believe that ASTRO(6399) would trend higher in the near term, mainly due to its improving fundamentals, strong and convincing breakout, and news plays. Besides that, during MCO, ASTRO(6399) would also benefit from more view time and subscriptionship as responsible citizens stayed at home & closure of cinema which would boost ASTRO(6399)’s bottom line.

 

What will you do ?

 

DISCLAIMER: This post serves as an educational analysis and is never meant to be a buy/sell call or recommendation. Investors must always do their own due diligence before making any investment decisions. The author of this post is not liable in any way for any decisions made by any individual.

Labels: ASTRO

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