no doubt Huaan is undervalued with tremendous bright earnings prospects for years to come given that its coke and by-products are sold in China to support develop the massive OBOR and others Mega projects...
Based on available latest info the prospective 2018 figures are:
Revenue US450m = RM1.76b Profit margin min 12%(after tax) Prospective after tax profit RM210m Eps ard 20sen per share Tp RM1.60 to RM1.80 based on PE 8 to PE 9 PE can even reach 12 if propects become brighter and brighter. My 2 cents only....Peace BUY AT YR OWN RISK.
This year Huaan going to break its own record of RM1.79 tat it achieved in 2007....with the help of China coking in high demand due to China massive development.
Tp RM1.60 to RM1.80 based on PE 8 to PE 9 PE can even reach 12 if prospects become brighter and brighter.
Any business linked with China massive infrastructure project is a boom boom for company's profit. And Chinese means business when it is business. That's why DJ has been rising because where do you think their profits are from?
One thing certain today is the uncertain closing of its price. That's what trading is all about...risk and rewards. What's id certain is a wrong decision brings an unfortunate consequence and a right decision brings fortune. So what are you certain about today? Huat ah!!
I stick to my previous prediction for Huaan to toutch again 0.665 befor QR annoucement, lets see today how far we go, perhaps QR is tonight or tomorrow morning..
after qr announced,it will break its R2 of 0.82 n the stock will move above rm1 trading n uncharted territory. watch the stock closely this will be the darling of 2018
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....
bunnypro
213 posts
Posted by bunnypro > 2018-02-25 20:51 | Report Abuse
Boss dompeilee, im interested! Would like to join and get the 2nd Huaan! Thx!