China government has closed down many coke coal plant that didn't complement the environment policy.... HUAAN was closed down 2 years ago too and suffer huge impairment. However, their plant is adhering the latest environmental requirements, and riding high.....with reduce demand of coke coal from upstream steel player, but also reduce in the supply of coke coal. HUAAN is going to report super profit moving forward.
Latest 2 quarters report more than 50 millions of net profit, it definitely has chance to report 100m of net profit this year and with a PE 10 valuation, it's almost 100 % upside with current price
There were corrections but they were shallow and very brief....indicator for a runaway stock. Since strong earnings growth is forseen a nearterm PE of 10 to 12 should be acceptable by the market....this brings the 1st TP to between 1 to 1.20....thereabout. People....this is just my humble 2 sen view. PEACE!
BURSAMASTER: REVIEW OF MY RECENT STOCK ON MY RADAR
10 Jan 2018
HUAAN ...expected to tread higher today and should continue to break 0.60 this week. My 0.80 TP should be realised sooner than i expected probably by month end.
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....
heng5275
288 posts
Posted by heng5275 > 2018-01-10 13:40 | Report Abuse
I have reach 75% profits...marching to 100% and 200%..hahahaha...