https://www.reuters.com/article/us-china-steel/china-aims-to-meet-2020-target-for-steel-capacity-cuts-this-year-warns-on-resumption-idUSKBN1FR10M

China said, no more steel cut after 2018. Initialy was untill 2020.

Thought to share thus intresting article on China steel FAT profit.
https://www.hellenicshippingnews.com/chinese-steel-makers-post-fat-profits-amid-capacity-cuts/

Market is calm, waiting for next week USA FED decision on rate hike, as usual, like there is a link!! Very sad to be dependent on others..

Huaan share now 0.430 is same as Dnex, how come? Huaan revenue and profit is more than 3 time compared to dnex! Also Huaan have issued less 40% less shares! Huaan share is realy undervalued and by now is totaly oversokd above current price..buy more and hold.

Collect hurry hurry..

Very funny from Goverment to predict a strong ringgit yesterday to toutch 3.80 and just yesterday the ringgit shows weekening from 3.9020 to 3.9280.lol..

Tomorrow will open 0.450 or above..

Strong buy at 0.430,,last minutes..

Normaly it take 5 minutes for IB to sell on bad news, but it take him a week or two to analyse and then decide to buy back or just stay away, i guess after two weeks of investigations, IB come to the point that there is no impact to Huaan, so you see the rush to buy now,,hope it is sustainable for long uptrend.

Both HH and Huaan are undervalued and market sensitive, this is the only correlation i see.

Investor banks they know first what is going on to the market, i see sign of global market recovery,,,

I think we will see a good announcement coming soon, market turn very positive. Lets keep our finger cross..hold tight.

Is there ladies here?

0.435 now.

Buy, hurry, do not hesitate,,its going wild..

You see, 0.425 cleared..next 0.430,,

Those giving up their share at 0.425 they better stop, and sell it higher even by today or next days..up to them..

8 milion share to go,,

Once today volume reach 50 milions, the share should go up further.

Many contra player switshed to hbglob two weeks ago, now they are suffering,,they better come back to Huaan, and pay respect befor missing the boat,,,

Yeh Ratman, sure can. This morning, all my 8 stocks were red, now all green, lol. Bursa alogaritme is runned by computer software, not by human..

Baby wanra, first comment, buy, buy, welcome wanra..lol..

Cannot stop other from selling, they have their motive, however i am keeping mine.. moostly opperator is triwing not people, people just get scared and follow,, sadely..

Fully agree with Spectre007..loud and clear. I bought more as well.

This may help you to understand the share heading in the coming days, it should be bullish, uptrend.
http://www.dstockmarket.com/technical-analysis-of-sino-hua-an.html

Huaan business is simple, he produce met coke and by product, his business is transparent and could be evaluated based on current or future raw material cost and sale product price..steel demand in China remain solid and therefor Huaan business should be solid..i have faith in Huaan. Top up.

Every day, Opperator dumping every morning about 5000 lot at cheap, hopping to trap weak investors to sell, then opperator collect 150000 lot at low and sell back the first 5000 with 1c higher during the same day, and use the profit for next day dumping, like this he get your share cheap, make some money, and collect more and more..got it. How more panic he creat how more collection he got. Opperator have the upperhand here, as he is aiming to collect at least 400 milion shares,, he is almost there,,,keep watching...this is how i think it happening..

Long term investir is not bother with daily price..i am intrested to keep buying on the way down, and hold on the way up till RM1.15. By end 2018.

Look, we all here in this blog know that we should hold on to Huaan. In this blog, no one is selling..

Ignore Dow, as it related to USA CPI index, focus on Huaan fundamental and make your decision. I still recommend a strong buy at this level. Share is undervalue. Huaan quarter should be excelent again. In 2017, China total steel cut was about 80 milion tons, Huaan Met coke and by product production has actualy increased instead. This year more steel is required fir China defence budget that has increased by 8.1% comparing to last year. Buy Huaan and keep.

The majority of klci stock were down today, so Huaan, HY, Hibiscus, Dnex, etc.. i do not see any direct relations between Huaan and HY.

Sure hold 1 to 2 quarter as max. Not selling below RM1.

In theory 0.80shoukd be possible assuming 25 to 30 milions ringgit in net profit after tax per quarter shows (27.5x4×1 000 000)×8/1 120 000 000 = TP RM0.785. Using PE 8.

We need Huaan to issue a positive annoucement to encourage investor to buy. Perhaps divident, free warrent, aquisition, share buy back, etc..

Opperator always win, you can be a winner too, by holding..no sell no loss.

Opperator make it look like panic selling so everybody queu to sell low.. they sacrify a few lots to be able to collect more at low,, this collection have one simple reason, is to move the price up once they get their target, this could be today onward, we dont know when, but it will happen.. either you qeue at low with the opperator and collect, or you buy at high to support tge price, eitherway, you hold is the best option.

Lets repeat at 4 pm, unless opperator remove the sell queu of 0.415..

You can try, 1 lot, 2 lot, it count..

The majority of the buy and sell queu belong to same group of opperatirs, and they are here in the blog.. if we buy it from them, they will have to increas their lost..

Try at 15.45,, 10 lot each , buy at 0.415..

If everyone here buy 10 lot at 0.415,, opperatir will push the price up..

If you want to beat the opperator, just buy all at 0.415...

BEIJING, March 9 (Xinhua) -- China on Friday joined global condemnation of the U.S. decision to impose heavy tariffs on steel and aluminum.

China will defend its rights and interests after assessing any damage caused by the tariffs, Wang Hejun, a Ministry of Commerce official, said on the ministry website.

China Iron and Steel Association called on the government to take firm counter-measures on imports from the United States, including stainless steel, galvanized sheets, seamless tube, coal, farm produce and consumer electronics.

China Nonferrous Metals Industry Association also issued similar comments, urging the government to take counter-measures on imports of U.S. products ranging from aluminum scrap, coal, farm produce to high-end consumer goods.

The broad impact of the tariffs on the Chinese economy will be limited because steel and aluminum account for a small proportion of exports to the United States, and exports have become a less important driver of growth in recent years, with the contribution of net exports to growth falling to 9.1 percent in 2017.

According to Ding Shuang, an economist at Standard Chartered Bank, China's steel and aluminum exports to the United States accounted for less than 0.2 percent of its total exports in 2017 and the impact of the tariffs would be insignificant.

The U.S. administration has made trade deficit reduction a priority, but its protectionist measures have drawn widespread opposition from both U.S. business groups and trade partners.

Ding Shuang projected that "a grand bargain" will be reached between China and the United States with limited damage to bilateral trade.

Once the buy appetite increased, Huaan will rise faster, those who bought at 0.6 and keep holding, i assume they bought more and more to average, so they hold more share than ever and definetly are not willing to sell below tgeir average, which coukd be still above 0.500, in other words, Huaan can ruse very fast to 0.500 in a matter of hours, if global sentiment improved. One annoucement from China steel industry could move the share up immidiatly. However those who want to sell low are free to do so,, you cannot stop them.

China factury output rise, showing continue growth.

If you compare Huaan revenue and net profite to any other stock, like Dnex, Hibiscus, Hbglob, frontkn, youll see that Huaan share is undervalued now, 0.425 is very cheap, buy and keep for 1 to 3 month, Huaan share shoukd toutch 0.80 easaly..

Run Fahmi run,,

Huaan share open lower as almost all klci stock, the reason behind it is that yesterday US 10 years treasuries option started, so investors are exchanging stock to bond..it is a temporary, grab your chance and buy more Huaan as it will not last long at this level.

Indeed, its a win win situation, if drop we top up, full faith in Huaan recovery.