Good closing today !! Huaan is now like a pressure cooker, everyday exert pressure upward as Q4 results draw near. Once Q4 is announced, the cooker lid will simply just BLASTS OFF !! Hoo Hoo . . . . looking forward to that spectacular sights, with the compliments of Sino-Huaan . . . . ! !
According to a steel industry consensus, China domestic steel demand is expected to continue to be robust and sustainable through the rolling out of several socio-economic initiatives, more notably the expected RMB 2 trillion steel consumption required to realize China's high speed rail project from 2017 to 2030 as well as the spin-off effects of the One-Belt-One-Road (OBOR) initiative which will be spearheaded by China. All these may me seen as a catalyst to provide a compelling case on the prospect of the steel and coke industries, moving forward.
Huaan... with 1.8 million tonnes capacity and strong coke price (CNY2600), production profit can hit RM200mil / EPS 18 cts per year. (if coke price can sustain at CNY1900).
If coke price can sustain at CNY2600 ), then the likely result will be RM360 Mil Per Year (EPS 36 Cts Per Year )or RM90mil Per Qtr (EPS 8 cts per Qtr) .
At P/E 5 times, the fair price should be 90 cts to RM1.80
This is the best stock under 50 cts category. Good Luck to all Huaan's investors.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apolloang
18,163 posts
Posted by apolloang > 2018-01-02 18:49 | Report Abuse
I gonna go to makan soon hock fish now.....hehe