But do not worry, Linyi city coke spot is going to move up soon. This is because coke futures contract J1805, which now stand above 2200, has started to move up since early Feb 2018. http://finance.sina.com.cn/futures/quotes/J1805.shtml (pls select 日K) and Linyi coke spot will follow the coke futures uptrend soon as coke spot normally follow coke futures in DELAY fashion by 3 to 4 weeks.
So by next march, Linyi city coke spot is expected to reach at least 2100, and this will bring the Linyi city Q1 2018 coke spot average to at least 2100 (better than Q4 2017 by 100)
So conclusion is that Q1 2018 profit will be at least same, if not better than Q4 2017 !! (EXCLUDING the "one off" gain in Q4 2017, if any, such as hedging gain, reversal of impairment, by-product coal tar extreme high price in Q4 2017)
TIPS....when the xxxx888 come outs mean the joker already sold and make some profit and try to scare other to dump so he can pick up again......Everytime drop sure come out and give talk, very active....when niak diam diam saja
Again. as I post earlier,,,he influence others and making money from the action. So when he post he bought he actually que and sell stock on hand at a higher price.
When he complaint bad Feng shui cause the share price down, he actually q and sold earlier and want to buy back at lower price.
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....
harlem
317 posts
Posted by harlem > 2018-02-27 14:24 | Report Abuse
Q4 is expected to be good, so stay cool .... it is only a few hours from the qtr, or latest by tomorrow.
The important question to ask now is whether Q4 good result may sustain in Q1 2018.
Based on 52steel.com site, Linyi city coke spot average for Q4 2017 = rmb 2001/ton.
http://www.52steel.com/marketlist.aspx?lm=11&cs=2303&pz=1307&gc=&pg=1
For Q1 2018, Linyi city coke spot average from 2/1/18 to 27/2/18 = rmb 2200/ton,
that is 200 more than Q4 2017 average !!!
Linyi city coke spot as on 27/2/2018 has dropped to 1960 and this continue may bring down the average for Q1 2018.
http://www.52steel.com/market/2018-02-27/080b6af6-a215-438c-8ccf-4b8c5206701e.html
But do not worry, Linyi city coke spot is going to move up soon.
This is because coke futures contract J1805, which now stand above 2200, has started to move up since early Feb 2018.
http://finance.sina.com.cn/futures/quotes/J1805.shtml (pls select 日K)
and Linyi coke spot will follow the coke futures uptrend soon as coke spot normally follow coke futures in DELAY fashion by 3 to 4 weeks.
So by next march, Linyi city coke spot is expected to reach at least 2100, and this will bring the Linyi city Q1 2018 coke spot average to at least 2100 (better than Q4 2017 by 100)
So conclusion is that Q1 2018 profit will be at least same, if not better than Q4 2017 !!
(EXCLUDING the "one off" gain in Q4 2017, if any, such as hedging gain, reversal of impairment, by-product coal tar extreme high price in Q4 2017)