TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.09

Trading Volume

333,500


10 people like this.

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

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 14:51 | Report Abuse

Got some bullet over, lol..

Keith Han

411 posts

Posted by Keith Han > 2018-03-02 15:00 | Report Abuse

Seem top up too early. Wait until end of the month. Sure got reward. : )

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:02 | Report Abuse

China GDP budget will be annouced next Monday, it will be the highest ever, it will reflect the projection of goverment spending in 2018, which is mainly will lead to increasing of steel production for domestic use. Huaan is number one benefit of that. Many illeagle Methalurgic coke producer where shut down in China due to not been able to comply with the environmental restriction. Huaan complied with it and this is why his production rate is intact.

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:04 | Report Abuse

Huaan only sell for domestic market. He can go global if the demand grow and he can increase his production by adding 600000 to 900000 tons ( +45%) if required.

Posted by teohboonleong > 2018-03-02 15:05 | Report Abuse

0.515 is oversold price

Posted by teohboonleong > 2018-03-02 15:06 | Report Abuse

Hopefully can rebound from 0.515

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:08 | Report Abuse

Ill wait till end of the year 2018, the reward is mutch greater too.

Keith Han

411 posts

Posted by Keith Han > 2018-03-02 15:08 | Report Abuse

No matter how.. coke future at high level 2200++ , coke to coal ratio is 1.6 : 1 , Quite healthy level.
coke demand will increase after winter because green policy end on March. Steel production will recover to max to fullfill market needs. First half of Q1 looking good , 2nd half I believe will be better. Just own opinion.

SKTRADER

565 posts

Posted by SKTRADER > 2018-03-02 15:11 | Report Abuse

510 :( :(

Posted by makalingkong > 2018-03-02 15:14 | Report Abuse

0.510 already..where is the ground?

bowls

131 posts

Posted by bowls > 2018-03-02 15:14 | Report Abuse

Agree with Betta68. In stock markets TA, FA & quarterly reports are merely for reference, the main trigger is always the operators/syndicates behind the backdrop. Have a look at PANSAR, it has surged from 0.465 to 0.915 (today's highest) amid DJ's turbulences (8/2-2/3/2018). Why? Fantastic quarterly reports? Not really (Although they have made a profit in every quarter, the share price has remained 0.40-0.55 for years). Having more future contracts? Probably. It has been flying, it's just because it's their turn. In stock markets, luck is more important than analytical skills.

dompeilee

11,888 posts

Posted by dompeilee > 2018-03-02 15:21 | Report Abuse

THIS is my gut feel about this stock & I'm sticking to it :

dompeilee The stock is likely to float back down to the mid-to-high 40s in the next few weeks on absence of news between quarters and the market awaiting any sign of a possible dividend...
01/03/2018 16:46

Ask_Check

79 posts

Posted by Ask_Check > 2018-03-02 15:22 | Report Abuse

Those who sold due to lately earnings was out of expectation i think in very short term.

apolloang

18,163 posts

Posted by apolloang > 2018-03-02 15:22 | Report Abuse

u wanna down to 48cts easy.....now 52cts u go buy 300,000 shares

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:22 | Report Abuse

steel company very dangerous, one announcement from Trump they direct lose money, sounds like invest at vegas

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:23 | Report Abuse

since when they export steel usa?

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:24 | Report Abuse

export to steel to usa

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:25 | Report Abuse

Someone made a mistake and bought 300 lot at 0.580 just now, any one saw that? Live.

apolloang

18,163 posts

Posted by apolloang > 2018-03-02 15:26 | Report Abuse

nope....where got 58cts done?

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:27 | Report Abuse

China steel export to usa is only 1 % of total production.

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:28 | Report Abuse

Huaan, have no direct relation with usa.

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:28 | Report Abuse

How much overall steel from M'sia export to USA?

2centsense

1,196 posts

Posted by 2centsense > 2018-03-02 15:29 | Report Abuse

still early to say its a reversal....

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:29 | Report Abuse

I think M'sia steel is like ayam kampung should be more quality lol

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:30 | Report Abuse

Those who sell now at this level, they definetly loosing money.

bowls

131 posts

Posted by bowls > 2018-03-02 15:30 | Report Abuse

http://money.cnn.com/2018/03/01/news/economy/european-union-canada-global-response-steel-tariffs/index.html

The United States imports the most steel — 16% — from Canada. It imports 13% from Brazil, 10% from South Korea, 9% from Mexico and 9% from Russia, according to a Department of Commerce report from December 2017. Roughly 3% is imported from Germany, the only EU country to make the top 10 list of U.S. steel providers. China clocks in at number 11.

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:32 | Report Abuse

It means that only locals use M'sia steel then who care about Trumph decision?

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 15:33 | Report Abuse

I think the tarif on steel will not pass.

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:34 | Report Abuse

Just like Thailand their petroleum only use by themself, who care about the international oil price

bowls

131 posts

Posted by bowls > 2018-03-02 15:35 | Report Abuse

@Hustle, the stock markets over the world are more or less related, if DJ (aka the big brother in the world), reacts negatively, it sure will affect others. Even though you don't care, I don't care, but it does have an impact on all walks of life.

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:37 | Report Abuse

Our country mostly use the counterfeit products with usa brands, seems like we are not much depends on usa import or export

2centsense

1,196 posts

Posted by 2centsense > 2018-03-02 15:39 | Report Abuse

Sellers still dominating. Wondered who are the buyers? Shouldn't they let it slide to get the best price?

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:39 | Report Abuse

Even george soros lose their title at hong kong, is that we suppose to effect by china market more than usa market?

KSay

59 posts

Posted by KSay > 2018-03-02 15:42 | Report Abuse

The way you justify the market relations is too simple. If that's the case what's the point of an open economy.

Michael Kwok

6,506 posts

Posted by Michael Kwok > 2018-03-02 15:44 | Report Abuse

Nothing to worry.Dun forget Huaan made 80 million profit in 2017.Its not like China export 100 percent steel to US.Lol.Maybe 10-15 percent.Tariff is not like 50 percent but lower end double digit percent.It not like China going to have war to US.Its only trade war.Reward more than losses by many times.No comment.I support what Betta say.In the previous(Tuesday) I mention of 10 percent or over if really bad news.So.Wht to scare.

Michael Kwok

6,506 posts

Posted by Michael Kwok > 2018-03-02 15:51 | Report Abuse

This times I put 3 times the money from last time to invest in Huaan. Me no scare.Can tolerate volatility.Lol.Me pledging support to Huaan.

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 15:54 | Report Abuse

china mainly export lots of steel to russia now...urgent supply for militant need

Jack149

33 posts

Posted by Jack149 > 2018-03-02 16:00 | Report Abuse

Downtrend is nearly at the end.Standby....

Hohong

117 posts

Posted by Hohong > 2018-03-02 16:07 | Report Abuse

fsst run going 0.500

Betta68

2,300 posts

Posted by Betta68 > 2018-03-02 16:09 | Report Abuse

All market is down, localy, regionaly and globaly, it has nothing to do with Huaan fundamental. Bursa opperators are taking advantage of the situation.

2centsense

1,196 posts

Posted by 2centsense > 2018-03-02 16:12 | Report Abuse

Looks nasty still....because nobody except operator can buy to push it up. Is the rally over for now?

klck23

623 posts

Posted by klck23 > 2018-03-02 16:18 | Report Abuse

WA! drop till cannot recognize already

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 16:20 | Report Abuse

our country cash flow still stuck at U.S. Switzerland and S'pore just be patient arab king funding will arrive soon

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 16:21 | Report Abuse

our kerbau need some red bull now

anson8222

915 posts

Posted by anson8222 > 2018-03-02 16:21 | Report Abuse

Walao eh... HBGLOB boat start again.

Hustle

3,615 posts

Posted by Hustle > 2018-03-02 16:21 | Report Abuse

arab red bull

DanyLy

121 posts

Posted by DanyLy > 2018-03-02 16:25 | Report Abuse

700 counter drop today

anson8222

915 posts

Posted by anson8222 > 2018-03-02 16:34 | Report Abuse

@, DanyLy. Is doesn't matter, join this boat if in right price, HBGLOB. This counter also crazy 1.

WM Niaga

1,406 posts

Posted by WM Niaga > 2018-03-02 16:35 | Report Abuse

BUY!!! BUY!!! nex wk 60sen!!!

anson8222

915 posts

Posted by anson8222 > 2018-03-02 16:39 | Report Abuse

@DanyLy, I buy & sell many many round d. U may try if further crash, HBGLOB.

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