RM1.35 coming.

Maybe if Huaan increase its production by running oven 4 and 5. As up to now he only used oven 1,2 and 3.

At least huaan reported a net profit of RM5.5 M, so no small loss as some expected to see, however the net profit was less then expected. This was due to the fact that Huaan could not manage to sell its coke at or above average price recorded in that period by about RMB200 less. However the average coke sale price of RMB1921 reported was way above RMB1600 as some ppl was claiming here. The production has increased to 219000 tons, 4000 tons more than previous quarter even with the Chinese new year holiday. All and all I must admit that I am a bit disapointed, but it is mutch better then to see losses.

Not mutch to update, business as usual, all resolution are approved, major share holders are confident enough in the future market for Huaan, this is all what I needed to hear and see, what come next is up to the market sentiment.

Harlem, I expect the coking coal average price for Q1'18 will come down below 1250. I do not think that Huaan have payed these prices, as you remmember that he alwayse buy unwashed coal, cheaper then your average.

The nice think of this buziness is that you can alwayse bargin the price of your raw material or hedge the price, or buy large stock when price is cheap etc..to be more efficient, selling coke is easy as Huaan is the only coke producer in its area, steel manufacturer save money by buying from the nearest coke producer at spot of futur price to save transport cost..

https://www.metalbulletin.com/Article/3809385/CHINA-COKING-COAL-Domestic-prices-rise-on-coke-market-strength.html

Harlem, thank you, this is in line with my analysis fir Q1'18. For Q2'18 we still have the month of June as i expect the coke price will move up a bit and the coking coal will be pressed down a bit, so hope the profit margin can be maintain as Q1'18, we shall wait and see.

I am sure the recent fall in the share value has nothing to do with the expected revenue, or huaan expected profit, as the majority of kLSE stocks are faling since last wednesday 16 May.

This downtrend has to do with fears, mainly the Malaysian dept choking news, 1MDB news, outflow of foreign investors for US bond options, the removal of the GST and the expected impact on the malaysian economy, possible removall of the toll, freezing oil prices, perhaps removing the road tax, or re pegging the ringgit, reviewing or canceling major projects, so foreign investors are pulling out and may only come back till they get more confidence,,

so bottom line is, share drop has nothing to do with my analysis, however when you spread bad sentiment calling ppl to run and using fake news like having insider news,,,and saying that there will be small lost,ppl may beleive you and they sell their share, so share will drop eventually, and if the news was wrong and fake, its too late for those who sold but maybe not too late as they will come back and buy again once the official news is annouced..

today sell volume was 3 millions, excactly same as yesterday buy volume,,and this happening every day, so i am sure the majority of the share belong to same operator, changing hands and trying to press the share down taking advantage of the current sentiment,,and make you fall in and sell yours,, you can only beat him by actually buying when drop and this is why you see ppl screeming sell, run, bla bla bla, they do not want you to buy their share..we saw this befor, and it will happen again and again, the share will fall and will climb back if company fundamental remain good.

if you keep screeming run run run, one day you may be right and other day you want be right...you do not need to be a rocket sience, only a small loser will keep shouting here..

By the way, loosing 4cent in one week does not seems to be a desaster or deserve any panic,, huaan outstanding shares are above 1.1 billions,, this week there was less then 40 millions sold ( equal share bought), this is not even 4% in one whole week.. moost of it belong to the operator,,lol..

Look like Supernovashit fail again using selfish and scary tacktic and the prove is the constant low volume in the last days since he show up. For the record, huaan toutch 3 time 0.6 in the last 5 month and this is a fact. Shares goes up and down, probably he does not know that!!, as he think only that share fall, drop, downward,,this is why he will not advise you any tp or recommend you to buy, you must ask yourself why? If you want to follow him, just do it, and blame him later, or just do your homework and decide..good luck. I am sure Q1 will have to be excelent, up to you to find out next week.

KLCI is red, most stock are red today..

In a situation like today, the best thing to do is to Hold.

Maybe because he is a Joker....

Today Coke spot price open higher +7.5%,, haha
http://www.dce.com.cn/DCEENMO/Products0/Industrial20/Coke25/index.html

https://m.investing.com/commodities/coking-coal-futures-historical-data

You probably need to ask why coking coal ( raw material) also drop too, i think the coking coal will drop mutch more as to many coal shipment to China are expected, its a good thing that cost to be tempered down and revenue are to remain in balance. When you look to prices you need to check both coking coal and coke at same time.

No change, pitty..

Ping pong...prepare to take off..

Hold till qr out..next week?

8 Indeed, US and China both confirm abondoning the impose of tarrifs on each other, global market should react positivally starting from tomorrow onward to regain previous loses,, panic buy, good market sentiment ahead, QR, AGM, audit report 2017,,all catalyst in one go..lol..

Come, i fully understand your point and i do recall how the share reacted last time, however last time on 28 feb at same time as the qr annouced there was also annoucement of steel tariffs which triggered global panic, i am sure you recall that. Anyway what ever you or i post here it will not impact the share price, every one here should be smart enough to make his own decision, right? Cheers, happy trading and happy weekend...

Come, why you think its gonna be the same this time?

Come, you have posted a soeculation with 50- 50 chance, so do i. Offcorce its a speculation when you talk about future, what is wrong with that? Lol..

The spot price of coke now is 1956, excluding 100 as premium, so the price is now 2056.

If you look to the future price for september the margin is coke 2088 vs coal 1230 = 858 almost 15% higher then the margin reported in last quarter 750. Just to compare.

Margin increase means higher profit for Huaan. Buy, buy, buy..

Come, the price may drop to 0.60 after climbing to 0.65 a week after releasing the report next week, how about that?.... lol...

Yip, investors are waiting thise weak sellers to give up their share as cheap as possible, once done it my fly up, however may not be today. Patient, time to top up if possible, the share is way too cheap now..QR will be release on or befor 28 May..good luck..

Time to fly..

For Q1 2018, the average coking coal price was RMB1,339 (washed) and the average coke price was RMB2,101, so the margin was RMB762 a bit higher.

I think Huaan buy its coking coal unwashed is a smart thing to do as its cheaper by about RMB150 and he can generate by- product, so i guess his cost per tons of coke as of today should be below RMB1,600 and naturally it depend on coking coal price, he can hedge his cost if necessary..the good thing is that he is the only coke producer in the area and he sell his coke next door to the steel companies.so he is very efficient..my thought.

For example, today the coking coal spot price is RMB1,273 ( washed) and the coke spot price is RMB1,956. The margin is RMB683, slightly lower than 750, however the coking coal is washed, Huaan buy it cheaper as unwashed. So based on this i assume business as usual.

https://m.investing.com/commodities/metallurgical-coke-futures-historical-data

Every 1 tons of coke required about 1.35 tons of coking coal. Also huaan produce by product tar, benzeh, etc..which generate about 15% of its total revenue simply because huaan buy its coking coal unwashed which are cheaper compared to market price.

AC, according to Huaan latest qr, page 9. If Huaan buy his coking coal at an average of RMB1,300 and sell it as coke at average of RMB2.050, he is able to generate 30 millions ringgit profit with only oven 1,2 and 3 in operation. He still have two oven incase he need to increase its production rate. This is why i simply monitor the margin between coking coal and coke price (750RMB) hope that it remain or increased. Also production rate should be at least 90 to 95%, than Huaan can produce about 215000 tons of coke per quarter. All these info can be found in the qr report.

Its actualy a good news, it give HBG more time to formalize its plan, with Q4 and Q1 profite shoukd be good to go.

Bursa approved PN17 extendion.

Further to the Announcement, on behalf of the Board of Directors of HBGLOB (“Board”), SJ Securities Sdn Bhd wishes to announce that after due consideration of all facts and circumstances of the Application including the financial position and performance of HBGLOB based on its latest financial statements as well as the developments and efforts by the Company to improve its existing business and regularise its financial condition, Bursa Malaysia Securities Berhad (“Bursa Securities”) has, vide its letter dated 16 May 2018, granted the Company an extension of time of up to 30 September 2018 to submit a regularisation plan to the regulatory authorities (“Extension of Time”).

Malaysia Q1 2018 GDP growth 5.4%, yoy. https://www.theedgemarkets.com/article/malaysia-gdp-grew-54-yoy-1q-says-bank-negara

I would expect EPS 3.1c for this coming Q1 and 2.6c for Q2.

I think today Huaan should close green, supported by those who bought millons and millions of shares on monday, tuesady and wednesday well above 0.460...these brave investors should stand up and support their investment..my thought..

Do not expect mutch with today low volume, collection from weak holders is in on mode now..hold if you feel strong, trap if you sell, safe if you hold, buy more if you like to support the price..

AGM on 28 May, the Q1 report may be issued same day as well together with the audited annual report for 2017. Today future coke price closed 0.95% higher, RMB2,117.

Investorwannabe, sold two days ago?? Not me my friend, i recall buffett posted he sold, not me. I would not be here if i sold..lol.

All 23 milions bought yesterday below 0.435 are sold today (41 millions total volume at 43% buy volume, make sell volume about 23 millions), those who will continue selling are simply loosing money..their share will be swolled as hot shily peper sauce....I better hold, tomorrow and Friday market sentiment should be more positive. My thought...

Low volume, once sell cleared, will move up..like yesterday..next level should be above 0.500. Yesterday 23 millions shares bought at 0.425 to 0.435,, these are now selling and should be cleared by now..I hold.

Coke future price now RMB2,121. This is very important to insure average price for Q2 to remain above RMB2,000. Hope this price hold or exeed for all May and June.

Coke future price keep going up, now above 2100. http://www.dce.com.cn/DCEENMO/Products0/Industrial20/Coke25/index.html

At least this confirm my analysis...go, go , go...

Superinvestor9,,,where are you?

Company like Huaan, PE 12 to 16 is normal, fair share price above RM1.5.

Singunsin, thanks.

Keith, You have my support.