What is more important is looking ahead....will 2018 performance be MUCH BETTER than 2017....the market HAS BEEN factoring that in. Again, just my 2 cents.... people.
What keeping Huaan going is his excelent truss given by his investors. Huaan have very low dept, have introduce the latest technology to compete with other producer and maintaining good quality product. In order to estimate 2018 performance we need to predict the average steel requirement world wide and localy within Asia a- China for 2018 and beyound. Which look promising to me. You also should look to Huaan order book for 2018, youll be positivally surprised.... the last qr where realised with only 3 out 5 ovens.. Huaan is capable of producing about 2 milion tons worth 4.2 bilion RMB if required...
I think many insiders would have known the exact results already by end December 2017, as they would have a view on the total production of various products and sale price and they can estimate and confirm the expected revenue and profit and they would have shared these info with there Bosses investors, it is a reality these days, you cannot hide the news for long, so if we look to the share value from begining of Jan 2018 was 0.400 to now 0.610 we see that the share kept rising with some bump, and woukd give us a good confidence that Huaan have made a good growth in Q4 2017.. this is how i feel, any one share same feeling?
Hua-An Group through its wholly-owned subsidiary Linyi Yehua Coking Co., Ltd is principally involved in the production and sale of metallurgical coke and its by-products namely, coal gas, tar, ammonia sulphate, crude benzene, coal slime and middlings.
2) What is metallurgical coke?
Metallurgical coke is made of low sulphur bituminious coal. The process involved baking the coal on an oven for more that 22 hours with temperature exceeding 1,000 degree celcious to drive out the residue which includes smoke producing constitutient. That produces metallurgical coke, an end product which is a fusion of fixed carbon and residual ash. Metallurgical coke is used as a reducing agent in smelting iron ore, a key ingredient for steel manufacturing.
3) Why Hua-An Group choose to list in Malaysia & when was the Company listed?
In 2005, Hong Kong Stock Exchange was only interested in huge market capital public companies. In Singapore, there were over 100 Chinese Companies listed on SGX and lower PE was offered. In view of being the first Chinese company to be listed on Bursa Malaysia and better PE offering, Hua-An Group decided to list in Malaysia. Hua-An Group was officially listed on Bursa Malaysia on 26 March 2007.
4) How much funds was raised during IPO & their allocation of utilization?
RM 200 million was raised. RM 150 million was earmarked for capital expenditure, RM 15 million each for setting up marketing office in Malaysia & working capital for coke operation and balance RM 20 million was expenses relating to restructuring scheme.
5) What is the par value of each share, issue price and the present amount of outstanding shares?
RM 0.50 is the par value, issue price is RM 1.00 and present outstanding share is 1,122.3 million share.
6) When is the end of Hua-An Group's fiscal year?
31 December
7) What is the total employee headcount for the company?
1,000 skilled production workers & 15 management executives. In line with the 600,000 tons of metallurgical coke capacity expansion, additional 500 skilled workers joined Hua-An Group.
8) Which countries do Hua-An Group have operations in & what is the production capacity?
Hua-An Group has a single production plant located in Linyi City with build-up area of approximately 320,000 sq m. The current production capacity is 1.2 million tones of metallurgical coke. We are in capacity expansion mode, with effect from June 2008 addtional 600,000 tons capacity of metallurgical coke production are commenced.
9) How much capacity is Hua-An Group currently running?
110%. We are able to do so because of our relatively new set-up (since May 2004), modern facility set-up, better blending of coal and charging (compressing) process.
10) What is the dividend payout ratio?
Hua-An Group is targeting to distribute approximately 20% of profit after tax as dividend.
Hua-An Group through its wholly owned subsidiary, Linyi Yehua Coking Co., Ltd. is principally involved in the production and sale of metallurgical coke and its by-products namely coal gas, tar, ammonia sulfate, crude benzene, coal slime and middlings. Metallurgical coke contributes 79% and its by-products contribute 21% to our revenue.Hua-An Group main product metallurgical coke is a critical raw material used as energy source for the manufacturing of steel.
The current production capacity of metallurgical coke is 1.8 million tones per annum.Hua-An Group has its own coal washing facility which successfully commissioned on 1 May 2007. Previously Hua-An Group bought pre-washed coal (more expensive) from raw material supplier and since May 2007 we buy raw coal (which is cheaper) and wash them by our own coal washing facility which has a designed capacity of washing 2.4 million tones of raw coal per annum. The cost saving for coal washing process is approximately 5%.
Hua-An Group single production plant is located at Shen Quan Zhuang Industrial Park, Luo Zhuang District, Linyi City, Shandong Province with a build-up area of 319,014 sqm.Hua-An Group has a well-trained workforce of 1,500 workers.
Hua-An Group obtained ISO 9001:2000 certification for product quality since 3 April 2006.
The large production capacity of Hua-An Group (production capacity of 1.8 million tones metallurgical coke) and newly set-up plant with modern facility which employs high technology has enabled Hua-An Group to achieve economies of scale.With the application of better blending formula of coal and enhanced charging process, Hua-An Group is capable of running the production capacity at 110% (which exceed its designed capacity).
As a result, Hua-An Group is able to reduce the coking period from industry average of 22 ½ hours to approximately 20 hours. That will boost up Hua-An Group's gross profit and net profit margin respectively.
last year when the lin yi ye hua thread still accessible, i found that the young ppl at luo zhuang feel proud if can work at linyi ye hua factory (but the management is very kiamsiap in OT payment, no bonus, and very hard to get increment)
If capacity is 1.8m tonnes...metallurgical coke price RMB1950 per ton 1.8m × 1950 = RMB3510m or revenue RMB3.51b Or RM2.2b Assume after tax profit margin 12% RM2.2b×12% = RM0.264b Or RM264m Divided by issued 1.1b shares Eps = RM0.24 24 sen eps! Potential dividend 4.5 sen This shd be for financial 2018 AND I STAND TO BE CORRECTED PEACE!
Be patience.Operator wants to make big bucks too. They put so much effort so that every smart and lucky traders can have a piece of the cake.Buy on dips!! This thoroughbred is going at+-0.60 mode.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
huahtai98
770 posts
Posted by huahtai98 > 2018-02-26 17:53 | Report Abuse
What is more important is looking ahead....will 2018 performance be MUCH BETTER than 2017....the market HAS BEEN factoring that in.
Again, just my 2 cents.... people.