Posted by Michael Kwok > 2018-03-09 00:53 | Report Abuse

Just know.China only export 0.2 percent steel to United States.From what I see China have inventory of steel due to overcapacity.But it can count on in case of something gone dissaray this amount will be wipe out.Like oil also every country have inventory.So overcapacity is to built up inventory until certain level.But China control the supply of steel as overcapacity had become smaller than few years ago.

Posted by Michael Kwok > 2018-03-09 00:59 | Report Abuse

As I predicted it's gone green either thurs or Friday.If things allow there 2 more days to confirm as wed low should not be violated as trend reversal.Just oversold due to fear of .....,

Posted by Kenneth Hng Kah Meng > 2018-03-09 05:20 | Report Abuse

Haha uppppp today Dow jones up almost 100 p

Posted by FaizalAziz > 2018-03-09 09:13 | Report Abuse

455 by 10am..

Posted by Betta68 > 2018-03-09 09:38 | Report Abuse

Look like NK sanction will be lifted soon, alot of steel is needed for infrastructure that could be supplied by China. Trump agree to meet with Kim..

Posted by bowls > 2018-03-09 09:41 | Report Abuse

it's likely that the price this morning will maintain at 0.43

Posted by Betta68 > 2018-03-09 09:48 | Report Abuse

I am afraid that many foreign investors in Huaan they are not aware that Huaan business production is in China and not in Malaysia, Malaysia steel production will be mutch more impacted than China due to US steel tariffs. Neverless, US export mild steel to many country as well, so that these country may impose tariffs, this coukd only lead to steel price going up and will not impact the production rate at all. Think ahead..

Posted by FaizalAziz > 2018-03-09 09:51 | Report Abuse

someone collecting at 43. will fly soon

Posted by Betta68 > 2018-03-09 09:55 | Report Abuse

Pmetal and Masteel share are up today, this show confidence in the asian steel market. Huaan shoukd go up as well. It is a matter of time till investors come back to Huaan. The share is oversokd, you can see it by looking to the daily volume keep decreasing and buy volume percentage increasing.

Posted by FaizalAziz > 2018-03-09 10:08 | Report Abuse

Asian countries is less impacted with the new tariff plan.

Posted by FaizalAziz > 2018-03-09 10:12 | Report Abuse

standby for goreng time :))

Posted by Younglearner > 2018-03-09 10:20 | Report Abuse

@FlowerhornKing66 kindly email the link to bonnielee1219@yahoo.com
tq

Posted by FlowerhornKing66 > 2018-03-09 10:21 |

Post removed.Why?

Posted by Hohong > 2018-03-09 10:26 | Report Abuse

run run run

Posted by spectre007 > 2018-03-09 10:28 | Report Abuse

Where is the idiotic fahmi? Now another one called hohong?

Posted by spectre007 > 2018-03-09 10:28 | Report Abuse

Last call before huaan flies...

Posted by zoizai > 2018-03-09 10:30 | Report Abuse

buckle your seat belt prepare to take off

Posted by StormRider > 2018-03-09 10:33 | Report Abuse

SYDNEY (March 9): Asian shares rallied and the safe-haven yen eased on Friday after North Korean leader Kim Jong Un offered to stop nuclear and missile testing and U.S. President Donald Trump agreed to a meeting that could come before May.

South Korea's national security adviser made the announcement at the White House, after delivering a letter from Kim. Trump's aides have been wary of North Korea's diplomatic overtures because of its history of reneging on international commitments.

Posted by anson8222 > 2018-03-09 11:01 | Report Abuse

HUAAN: See u all at 0.50 later.

Posted by tw01 > 2018-03-09 11:13 | Report Abuse

Limit up limit up !

Posted by SKTRADER > 2018-03-09 11:24 | Report Abuse

afternoon session will be meletop

Posted by Michael Kwok > 2018-03-09 11:29 | Report Abuse

Excuse me the latest price.China export steel is at all time low to US.0.2%.Expect negotiation of increase export of steel to US.But in exchange of something.

Posted by Michael Kwok > 2018-03-09 11:48 | Report Abuse

Huaan and frontkn almost the same with the gap of 10 percent in market capital.Lol.

Posted by tw01 > 2018-03-09 11:50 | Report Abuse

Grab your popcorn and watch the Friday show !

Posted by Betta68 > 2018-03-09 12:19 | Report Abuse

Tpp sign, big potantial for members to increase their trade among them.

https://www.japantimes.co.jp/news/2018/03/09/business/11-states-minus-u-s-sign-tpp-free-trade-push-face-protectionist-trump/#.WqIK89zmhxA

Posted by Betta68 > 2018-03-09 13:14 | Report Abuse

If USA keep the steel tariffs against steels from europe and Asia, US companies will have no choice but to pay these tariffs and perhaps increase their trade with China since it steel will be mutch mutch mutch cheaper than european steel, as euro currency is strengthening, whike RMB is weakening. I thing steel export from China will definetly increase instead of decrease. We shall visit the numbers in the next 6 month.

Posted by Michael Kwok > 2018-03-09 13:41 | Report Abuse

I agree with Betta.As same as what i say at 11.29am.0.2 percent of steel to US is bottom.Come on that not a fair trade.Somemore China buy a lot of debt from US.Maybe that wht i think in exchange.

Posted by bowman > 2018-03-09 14:40 | Report Abuse

Look, NTA (RM) : 0.320; Par Value (RM): 0.500. The share is trading below par value? More than 6 quarters of 100% cumulative profits. Need we look more elsewhere? As for steel tarriffs, read this to fully understand why the imposition of tax by Trump on imported steel will have little or no impact on Asian exporters:
https://www.reuters.com/article/us-usa-trade-china/asias-biggest-exporters-bristle-over-u-s-tariffs-fanning-trade-war-fears-idUSKCN1GL03Q

Posted by klck23 > 2018-03-09 14:55 | Report Abuse

no sign of recovery...

Posted by Betta68 > 2018-03-09 15:16 | Report Abuse

TAIPEI, Taiwan — Making good on a campaign promise, President Trump on Thursday announced plans to introduce 25 percent tariffs on imported steel and 10 percent tariffs on aluminum next week.

Speaking at a White House meeting, Trump said that for decades, "disgraceful" trade policies have impacted the steel and aluminum industries. "When our country can't make aluminum and steel," he said, "You almost don't have much of a country."

The announcement jolted markets. Steel stocks jumped on the news, while automakersretracted. The Standard & Poor's 500 Index and Dow Jones Industrial Average remained down on Friday.

But one market that won't be moved much, if at all: Chinese steel.

"A number of Chinese steel mills, transporters, and traders have actually given up on the U.S. market as an export destination," said Shanghai-based Linda Lin, editor of the China Steel Service at consulting firm CRU.

The U.S. is the world's largest steel importer, relying on shipments from more than one hundred countries and territories. Details regarding the tariffs were not presented, and it's unclear if certain trade partners will receive preferential treatment. During the meeting, though, Trump did single out China.

For the Chinese steel manufacturers, however, the news was inconsequential. Although China is the world's largest steel exporter, it is only the 11th-largest source country to the U.S., accounting for just 2 percent of total U.S. imports last year.

Given this low base, "We think this is a negative for the world steel industry as a whole, but as for China, we don't think it can be any worse," Lin said.

Obama administration hit Chinese steel hard in 2016
Prior to this announcement, the U.S. had already implemented trade taxes on different types of imported steel from China. In 2016, the Obama administration imposed duties on some Chinese steel imports by more than 500 percent, causing Chinese imports to the U.S. to drop by almost two-thirds.

According to Yan Tong, Chief Business Development Officer at Shagang International, one of China's largest steel mills, the U.S. has been moving in this direction for years. "Trump's action just accelerated it," she said. "It doesn't affect us that much because we don't export to U.S., anyway."

Trump made the announcement as Liu He, a Chinese economic advisor and reported trusted associate of President Xi Jinping, was visiting the White House.

Posted by bowman > 2018-03-09 15:24 | Report Abuse

So if China does not export to US much, why the panic selling?

Posted by zoizai > 2018-03-09 15:25 | Report Abuse

Buy when ppl are fearful

Posted by huahtai98 > 2018-03-09 15:30 | Report Abuse

Just added 20K at 0.425
Now wait....add more if price drop again

Posted by Michael Kwok > 2018-03-09 15:38 | Report Abuse

It's need to hold on the support of 40.5 cent till monday.let see bout it on Tuesday.

Posted by bowman > 2018-03-09 15:42 | Report Abuse

This is example of people panic selling. Fine example of investment successfully

Posted by SKTRADER > 2018-03-09 15:47 | Report Abuse

parabolic sar ... huaan still got potential

Posted by Jun Lim Ng > 2018-03-09 15:53 | Report Abuse

huahtai98 u buy in 20k share ?

Posted by cch45177 > 2018-03-09 16:08 | Report Abuse

I bought 20k @ 0.43 this morning.. try to average down my 20k purchase @ 0.6

Posted by huahtai98 > 2018-03-09 16:15 | Report Abuse

Yes Jun...bought 20K shares only at 0.425

Posted by trader2015 > 2018-03-09 16:17 | Report Abuse

This stock is good, but why keep dropping, so many sellers sell cannot stop all???

Posted by huahtai98 > 2018-03-09 16:18 | Report Abuse

有舍就有得
不舍即不得
Haha....need luck also

Posted by Jun Lim Ng > 2018-03-09 16:20 | Report Abuse

oic..i aslo wait a good price to avg down the price...
hope can get 0.41/415

Posted by huahtai98 > 2018-03-09 16:28 | Report Abuse

99.99% people cannot get the lowest or even very near to thelowest price....so must be willing to lose some....and hopefully win much more by holding and patiently waiting.

Posted by Jun Lim Ng > 2018-03-09 16:32 | Report Abuse

the lower price is 0.405..i think is very hard to get it...so just aim high a bit...

Posted by Jun Lim Ng > 2018-03-09 16:33 | Report Abuse

except....DJ red gao gao lat....then can get it

Posted by Betta68 > 2018-03-09 16:34 | Report Abuse

Indeed, cause there will alwayse be a stxxx who just sold his hard earning money at last minutes,, so who want to be that persone?..lol..

Posted by Michael Kwok > 2018-03-09 16:44 | Report Abuse

Me average down 5 figures at 50 cent.

Posted by Jun Lim Ng > 2018-03-09 16:45 | Report Abuse

betta68 ..just now i see got a report about Trump sign a contract....
that contract is it any help for improve the price for huaan ?! or nothing use de?

Posted by Jun Lim Ng > 2018-03-09 16:47 | Report Abuse

today closed 0.425...let see on next monday

Posted by FreeSpirit > 2018-03-09 17:12 | Report Abuse

It wasn't a contract. It was the tariff order that Trump signed.