Now Dow up bu more than 330 point , look very promissing for Huaan, if US market closed positive, means globel sell off is finish, bull market will follow arround the globe. Finger cross.
just like the futures index early today, red->green->red->green->???, hopefully the dow jones won't be down (if) too much when closing, of course it would be fantastic if it closed green!
Indeed, you cannot keep up with the Dow, goes up and down, however the VIX is down, so now there is war between sellers panic and buyer panic,, those with big pockets eventually will win,, lets hope for green closing..
Dow Jones high 26614 on 29/1/2018; 10% correction 23953 done today with low 23540 (11.6%). Will the big fund managers make their moves to support the market? Keeping Dow above 24,000 would be a good indicator that the meltdown could be over.
old man sold 55% at 0.545 just release the burden secure back capital and lock some profit.. its just tactical step more strong fight later.. tut tut still hold 45% balance share on hand
Sino Hua-An International Bhd (-ve) SHARES in Sino Hua-An International Bhd (fundamental: 1.55/3, valuation: 0/3), which also triggered our stocks with momentum algorithm yesterday for the first time this year, closed nine sen or 13.95% lower at 55.5 sen yesterday.
It saw 222.82 million shares done, compared with the counter’s 200-day average of 28.41 million shares. It was Bursa Malaysia’s fifth most actively traded stock of the day.
In the third quarter ended Sept 30, 2017, it achieved a net profit of RM34.15 million versus a net loss of RM10.2 million in the same quarter last year. Revenue came in at RM269.3 million versus nil in the previous year, because the group’s operationalised coke ovens were subject to a leasing arrangement spanning that material period of time.
The company reported a nine-month financial year 2017 net profit of RM55.12 million, compared to a net loss of RM33.45 million a year earlier.
At the current share price, Sino Hua-An is trading at 1.79 times its book value.
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....
investorwannabe
455 posts
Posted by investorwannabe > 2018-02-06 22:41 | Report Abuse
Recovering now...