TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.095

Today's Change

+0.005 (5.56%)

Day's Change

0.09 - 0.095

Trading Volume

2,176,400


10 people like this.

24,146 comment(s). Last comment by Lee Ying Yee 5 days ago

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.

NicholasNWH90

1,114 posts

Posted by NicholasNWH90 > 2018-02-26 18:05 | Report Abuse

Opps. Feeling like gambling. Hopefully the results exceed expectation. Otherwise GG.

Betta68

2,300 posts

Posted by Betta68 > 2018-02-26 18:20 | Report Abuse

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...

Posted by teohboonleong > 2018-02-26 19:25 | Report Abuse

China restriction on steel production is to reduce pollution which will stabilise steel price and is good to Huaan coke production

Betta68

2,300 posts

Posted by Betta68 > 2018-02-26 20:06 | Report Abuse

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?

Betta68

2,300 posts

Posted by Betta68 > 2018-02-26 20:07 | Report Abuse

Same growth is also expected for Q1 2018.

Betta68

2,300 posts

Posted by Betta68 > 2018-02-26 20:12 | Report Abuse

From Huaan website

Welcome to Hua-An Group's Investor Relations FAQs

1) What is Hua-An Group's core business?

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.

Betta68

2,300 posts

Posted by Betta68 > 2018-02-26 20:16 | Report Abuse

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.

Betta68

2,300 posts

Posted by Betta68 > 2018-02-26 20:19 | Report Abuse

Highly and efficient manufacturing capacity

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.

mshahrj

37 posts

Posted by mshahrj > 2018-02-26 20:25 | Report Abuse

great explanation & info. Thanks :)

Ratman

520 posts

Posted by Ratman > 2018-02-26 21:38 | Report Abuse

thanks for your full detail explanation . Much appreciated .

bunnypro

213 posts

Posted by bunnypro > 2018-02-26 21:45 | Report Abuse

if anyone can get the shenquan steel latest QR or linyi xin jiang steel QR, then we can hv a clue for huaan (their main buyer for coke)

bunnypro

213 posts

Posted by bunnypro > 2018-02-26 21:56 | Report Abuse

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)

wks8732

242 posts

Posted by wks8732 > 2018-02-26 22:09 | Report Abuse

Thank You Betta68 yr guideness in this forums r very good to boots confidence to all Huaan supporters to follow through.

bunnypro

213 posts

Posted by bunnypro > 2018-02-26 22:20 | Report Abuse

if QR is good, then shud be near 80c by this week d, at least 30% rise

huahtai98

770 posts

Posted by huahtai98 > 2018-02-26 22:45 | Report Abuse

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!

Posted by FlowerhornKing66 > 2018-02-26 23:01 | Report Abuse

tomorrow the head of flower horn huaan will be bigger bringing lots of wealth

2centsense

1,196 posts

Posted by 2centsense > 2018-02-26 23:56 | Report Abuse

Buffett Warns Investors That Safe-Looking Bonds Can Be Risky.....Bonds down 0.03
https://www.bloomberg.com/news/articles/2018-02-24/warren-buffett-s-annual-letter-to-shareholders-for-2017%

2centsense

1,196 posts

Posted by 2centsense > 2018-02-26 23:59 | Report Abuse

Buffett Says Berkshire's Been a Net Buyer of Stocks This Year
https://www.bloomberg.com/news/articles/2018-02-26/buffett-says-berkshire-s-been-a-net-buyer-of-stocks-this-year

hstha

3,324 posts

Posted by hstha > 2018-02-27 00:47 | Report Abuse

Wow. Apple is a multi year high.

https://finance.yahoo.com/quote/AAPL/

Betta68

2,300 posts

Posted by Betta68 > 2018-02-27 08:02 | Report Abuse

Market is gearing up for it next height record. CNY ended peacefully, now back to business.

SKTRADER

565 posts

Posted by SKTRADER > 2018-02-27 08:16 | Report Abuse

Thanks Betta68 for the info , appreciate it

coecoe

150 posts

Posted by coecoe > 2018-02-27 09:00 | Report Abuse

Metallurgical Coke Futures 2149 (+55).

Posted by investorwannabe > 2018-02-27 09:04 | Report Abuse

hmm... 0.605...

greenback

59 posts

Posted by greenback > 2018-02-27 09:05 | Report Abuse

Bangun pagi sudah merah

singunsin

529 posts

Posted by singunsin > 2018-02-27 09:13 | Report Abuse

operator want more ticket...pls hold

Posted by investorwannabe > 2018-02-27 09:15 | Report Abuse

wow... someone dumping at 0.6. now 0.595

heng5275

288 posts

Posted by heng5275 > 2018-02-27 09:17 | Report Abuse

Collect collect collect more..lalalalallala...

REVHARD

25 posts

Posted by REVHARD > 2018-02-27 09:19 | Report Abuse

Please accumulate at 0.595

alex88812

294 posts

Posted by alex88812 > 2018-02-27 09:20 | Report Abuse

wow... price drop before result out??

KSay

59 posts

Posted by KSay > 2018-02-27 09:20 | Report Abuse

@Jun your time has come !

Posted by investorwannabe > 2018-02-27 09:23 | Report Abuse

back to 0.6 / 0.605.. quite fast!

AIRBAG

75 posts

Posted by AIRBAG > 2018-02-27 09:24 | Report Abuse

刚才突然跌那么多,这次报告不美吗?

heng5275

288 posts

Posted by heng5275 > 2018-02-27 09:25 | Report Abuse

This quarter result not good oh,u all faster dump,i collect...hahahahahahah..just kidding...

kentrade888

1,572 posts

Posted by kentrade888 > 2018-02-27 09:25 | Report Abuse

Why is the downward adjustment?

klck23

623 posts

Posted by klck23 > 2018-02-27 09:25 | Report Abuse

patient

Posted by investorwannabe > 2018-02-27 09:26 | Report Abuse

someone controlling the price.

Posted by teohboonleong > 2018-02-27 09:27 | Report Abuse

Operators want collect cheap shares before q out

Ratman

520 posts

Posted by Ratman > 2018-02-27 09:27 | Report Abuse

Jun , hv u bought it?

kentrade888

1,572 posts

Posted by kentrade888 > 2018-02-27 09:34 | Report Abuse

It is not the situation is not good?

GTMS

560 posts

Posted by GTMS > 2018-02-27 09:49 | Report Abuse

be steadied to earn money

notanking

60 posts

Posted by notanking > 2018-02-27 09:50 | Report Abuse

time to collect liao...

Posted by FlowerhornKing66 > 2018-02-27 09:52 | Report Abuse

Lots of panicky dudes out there,scared then get out. When qr out just cry when huaan shoot to the sky,dont have to be so melodramatic

Awet91

1,934 posts

Posted by Awet91 > 2018-02-27 09:52 | Report Abuse

Panic selling hahah

greenback

59 posts

Posted by greenback > 2018-02-27 09:55 | Report Abuse

Kutip some more..some of us been wishing for this :)

Posted by teohboonleong > 2018-02-27 09:55 | Report Abuse

Hold tight ,nothing to worry,just operators want buy cheap shares before good q result out...

kentrade888

1,572 posts

Posted by kentrade888 > 2018-02-27 09:58 | Report Abuse

Investors seem to have no confidence.

profitgrow

773 posts

Posted by profitgrow > 2018-02-27 10:03 | Report Abuse

hold tight, operator playing with price. afternoon session will be back to green.

Ratman

520 posts

Posted by Ratman > 2018-02-27 10:04 | Report Abuse

As Long as big funds not selling , I think should be ok !

2centsense

1,196 posts

Posted by 2centsense > 2018-02-27 10:08 | Report Abuse

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.

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