The hedging will be a game changer for Q4 because the reduced coal price (primary raw mat) is delayed and will translate into significantly higher margin in Q4.
I am buying more, i think the Chinese who bought in yesterday at above 0.600 will not let go, they will top up double at this level,, we shall see in 14 minutes from now..
Beginner1989, you need to look to yesterday trading history, youl find out, Chineese is a methafor,,,, i have aswered your question about fundamental, they allwayse comply with all regulation, they are transparent and excelent management team dealing with coke trading, production, etc....
Huaan performed many miracle the last 4 weeks or more, so we can expect another one, hold tight..today close 0.610 or above...it is a prediction so trade at your own risk..
I managed to sell 1 lot @ 63.3c avg to earn $544 after commissions. OK la...If 66.5c is really the medium-term high, at least I can say I sold a little close to the highest :D
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Investee
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Posted by Investee > 2018-01-16 16:13 | Report Abuse
The hedging will be a game changer for Q4 because the reduced coal price (primary raw mat) is delayed and will translate into significantly higher margin in Q4.