TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.08

Today's Change

-0.005 (5.88%)

Day's Change

0.08 - 0.085

Trading Volume

1,028,000


10 people like this.

24,124 comment(s). Last comment by Lee Ying Yee 1 week ago

Posted by williamteng71 > 2017-09-11 19:47 | Report Abuse

Good. Good...Contiuing

Posted by RoyFlyToSky > 2017-09-11 22:08 | Report Abuse

lets do this guys.. pusj to 40cents..

rr88

6,532 posts

Posted by rr88 > 2017-09-11 22:21 | Report Abuse

Magic show. Things are not what they seem. Free fall any moment now.

drteh84

527 posts

Posted by drteh84 > 2017-09-11 22:33 | Report Abuse

free fall? perhaps one day....but, not today nor tomorrow.

RedEagle

3,194 posts

Posted by RedEagle > 2017-09-12 00:05 | Report Abuse

Kaya Richer

sengkee

2,060 posts

Posted by sengkee > 2017-09-12 00:27 | Report Abuse

Dow up more than 200 points. Tomorrow any red chip will limit up?

prince4

1,459 posts

Posted by prince4 > 2017-09-12 00:51 | Report Abuse

Huaan fails to make a regularisation plan to the regulatory authorities.upon occurrence of any of the events set out in , Bursa Securities shall suspend the trading of the listed securities of Hua-An on the 6th market day after the date of notification of suspension by Bursa Securities and de-list the Company, subject to the Company’s right to appeal against the delisting.

Albukhary

3,070 posts

Posted by Albukhary > 2017-09-12 01:04 | Report Abuse

price4, you can refer to my previous comment, I have explained what is Paragraph 8.03A, and why I'm sure HUAAN will not being delisted.

windcloud

1,393 posts

Posted by windcloud > 2017-09-12 01:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/list-of-companies/pn17-and-gn3-companies/

Refer to bursa website, Huaan is not under the latest list of PN17 and GN3 companies. I think PN17 and GN3 will be more serious compared to PN4.

What is PN4 ?

“PN4 companies” are affected listed companies that fail to meet the financial conditions for continued trading and listing on KLSE. In this context, the provisions of PN4 aim to ensure that affected listed companies take steps to regularise their financial conditions expeditiously within the stipulated time frame.

The regularisation time frame is not wrong is by end of this year. Let's us look at Huan recent qtr report, Huan already showed good result and Huan financial condition is doing good and they had started business operation instead of leasing business and now business operation is at profit. Next qtr result will most likely provide positive results.

I think Huaan is not yet initiated the regularisation plan, maybe after next qtr result and by that time share price will fly above 50 cents.

windcloud

1,393 posts

Posted by windcloud > 2017-09-12 01:10 | Report Abuse

Those reguralisation plan normally involve restructuring plan among the companies and any corporate exercise plan, for Huaan, this is different case, since they already proved they are producing profit but they did not submit to Bursa for regularisation.

windcloud

1,393 posts

Posted by windcloud > 2017-09-12 01:22 | Report Abuse

Another thing to mention, company did lease out their production place to others during last couple of the years. But started from this year, including sister companies, they did make up a corporate plan to meet the business target and ensure company is within top 500 fortune company in China in near future.

It is a way to RM 1 (discount to 0.50 for China company), but you might shake out during the share price fluctuation. I think strong support still be at 0.23/0.235 (agak-agak). Those purchase above this price, just trade with cautious, including me.

Anyway just "nonsense" sharing, good luck and trade accordingly to your plan.

Cheers.

CharlesT

15,036 posts

Posted by CharlesT > 2017-09-12 06:22 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5127677

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5471081


Holy shit....Hua An is a PARAGRAPH/RULE 8.03A COMPANY (WTF is that??) and will it follow the path of Xinquan and will be suspended and delisted soon?????????????

Very scare....another pump n dump co which will be the writing material of CPTeh soon?


Posted by Albukhary > Sep 6, 2017 10:36 AM | Report Abuse

The Edge news reporting is trying to scare investor by highlighting that HUAAN has no regularistion plan and will be subject to delisting.

Q&A Session come again:-

1) Q: you guys need to understand why BURSA put HUAAN under Paragraph 8.03A of Main Market Listing Requirement?
A: This is because on Year 2015-2016, HUAAN has lease it entire factory to 3rd party for 1 years, and this cause HUAAN has no operation revenue for the whole year. According to Paragraph 8.03A, a company must maintain a level of operation in order to continue to listed in Main Market. For HUAAN, since it has no operation revenue at all at the period, that why it fall under the Paragraph 8.03A.

2) Q: Will HUAAN be delisted soon due to non-complied with Para 8.03A?
A: Of course NO la, as HUAAN has take back the factory and re-start its own operation since Feb 2017. Please look at last two quarter report, revenue is up to RM259mil and net profit is RM21mil, there is no reason for Bursa to delist such a good revenue and good profit company.


Aiyo, their operation is back to normal now after the expiry of the leasing arrangement on 01 Feb 2017 as evidenced by Q2 result (Sales RM259M n RM21M net profit) and I think Q3 will be able to show net profit of RM30M-RM40M in Nov.

Then Co will appeal to Bursa n move away from 8.03 Co n price will fly further...

aikinlai

896 posts

Posted by aikinlai > 2017-09-12 08:16 | Report Abuse

U are right....some of them do not understand p8.03.

dompeilee

11,888 posts

Posted by dompeilee > 2017-09-12 08:17 | Report Abuse

Quite a few ppl(eg rr8-rugi rugi) are envious for not buying early & are now watching helplessly as the price bursts through 10c(as I predicted in Feb), then 15c, then 20c and now 25c.

So they are trying to scare ppl with anything they can find...Para 8.03A, China con men, etc etc

Posted by jOe_bangsar > 2017-09-12 08:27 | Report Abuse

Hua-An Group main product metallurgical coke is a critical raw material used as energy source for the manufacturing of steel..you will see that there will be consistent demand to make sure steel producer will gain enough coke source. u already noticed that steel bar price is hiking up.

lwyy60

477 posts

Posted by lwyy60 > 2017-09-12 08:44 | Report Abuse

Once born to be a cat. It will never become a Tiger. Good luck all.

dusana

616 posts

Posted by dusana > 2017-09-12 08:47 | Report Abuse

Paragraph 8.03A is old news, anyways the have until December 15 2017 to reply, am sure with its operation back on track there is no problem. Sour grapes who missed the boat are banging their heads.

tronx

1,172 posts

Posted by tronx > 2017-09-12 09:16 | Report Abuse

Vol decrease so much??

tronx

1,172 posts

Posted by tronx > 2017-09-12 09:16 | Report Abuse

What happen? Means BP ady finish playing?

goody99

1,814 posts

Posted by goody99 > 2017-09-12 09:19 | Report Abuse

my expectation today is solid closing price as the volume last Friday is huge so maybe big buyers will sit back and absorb any selling pressure instead of pushing the price.

Posted by Beautiful Cloud > 2017-09-12 09:24 | Report Abuse

y evi1 seem like throwing?

bowman

2,602 posts

Posted by bowman > 2017-09-12 09:39 | Report Abuse

Unless you know the steel business, there is no telling where it will head. Steel business is expected to be sluggish over next few months. Go talk to some of the industry players.

Posted by Lost In Bursa > 2017-09-12 09:41 | Report Abuse

The heat is over. cannot sustain.

ilovehits

3,955 posts

Posted by ilovehits > 2017-09-12 09:53 | Report Abuse

Over your head. Among steel and coal counters, HUAAN is the most undervalued one. Hihihi...

matg

998 posts

Posted by matg > 2017-09-12 09:57 | Report Abuse

just small correction.. dun panic :D

ilovehits

3,955 posts

Posted by ilovehits > 2017-09-12 10:08 | Report Abuse

I 100% agree that. If HUAAN has chance to go to $0.80, if you are making profit now, why go to sell. As Sifu Ooi says, let profit runs.

secret2win

840 posts

Posted by secret2win > 2017-09-12 10:08 | Report Abuse

What is the diff of buy n sell?
No one report today :)

moneypedia

5,990 posts

Posted by moneypedia > 2017-09-12 10:09 | Report Abuse

yeah i love to sing in here again and again

yeahh thinkin wanna top up or not, yeahh
support cannot be breach
then we look for an entry in the deepest capability

coz this gems cannot be resisted
the greatfullness of the earth
emerge inside the very common entity
with makin penny to wealthy
so just patience inside your heart
can sustain the longetivity hopefullyyyyyyyy!!!! yeahhhh

so we said

Everythin gonna be alrite
everythin gonna be ok
Metal stocks in uptrend alrite
techno stocks correction ok
techno stocks in uptrend alrite
metal stocks correction ok

No Huaan no cry
No Huaan no cry
No Aji no cry
No Krono no cry

Everythin gonna be alrite

No Huaan no cry
No market no cryyyy

WTFF

55 posts

Posted by WTFF > 2017-09-12 10:15 | Report Abuse

Let go buy kstar n xdl gogogo

Jepbest57

73 posts

Posted by Jepbest57 > 2017-09-12 10:40 | Report Abuse

Huaan , lari cepat

Jepbest57

73 posts

Posted by Jepbest57 > 2017-09-12 10:40 | Report Abuse

Jual2

singunsin

529 posts

Posted by singunsin > 2017-09-12 10:48 | Report Abuse

last chance to buy

RedEagle

3,194 posts

Posted by RedEagle > 2017-09-12 10:52 | Report Abuse

Petang kaya?

lynsney

89 posts

Posted by lynsney > 2017-09-12 10:54 | Report Abuse

promotion, top up more

paktua73

18,549 posts

Posted by paktua73 > 2017-09-12 11:07 |

Post removed.Why?

mmk79

1,841 posts

Posted by mmk79 > 2017-09-12 11:10 | Report Abuse

pls drop more. i want to collect some more.

secret2win

840 posts

Posted by secret2win > 2017-09-12 11:17 | Report Abuse

Old man tut tut

windcloud

1,393 posts

Posted by windcloud > 2017-09-12 11:17 | Report Abuse

top up again at 0.245

tianyue

29 posts

Posted by tianyue > 2017-09-12 12:03 | Report Abuse

may i know how is old man ?

paktua73

18,549 posts

Posted by paktua73 > 2017-09-12 12:19 |

Post removed.Why?

secret2win

840 posts

Posted by secret2win > 2017-09-12 12:44 | Report Abuse

No wrong no right la
Some want to be rich, keep long long lo
Some just want pocket money, contra or short term lo
Tut tut :)

ahmadsd

71 posts

Posted by ahmadsd > 2017-09-12 12:52 | Report Abuse

today can fly?

sengkee

2,060 posts

Posted by sengkee > 2017-09-12 12:53 | Report Abuse

The same Tuanku in Novamsc?

windcloud

1,393 posts

Posted by windcloud > 2017-09-12 12:58 | Report Abuse

I think prior to 2009, listed companies needed to be have 30% shareholding hold by bumiputera, not sure, agak agak, that time China shareholders had purchased Antah as back door listing and Tuanku still remain as director after Antah changed to Huaan.

But still not understand the 30% shareholding is holding in trust or not. If this is holding in trust, then will not simply sell in the market.

Just nonsense sharing maybe wrong.

paktua73

18,549 posts

Posted by paktua73 > 2017-09-12 13:14 |

Post removed.Why?

paktua73

18,549 posts

Posted by paktua73 > 2017-09-12 13:32 |

Post removed.Why?

Posted by williamteng71 > 2017-09-12 13:46 | Report Abuse

Haha....Gila. .Gila. .like Oldman only can make money

Posted by RoyFlyToSky > 2017-09-12 13:53 | Report Abuse

re purchase 50 lots today at 25cents.. will go to 40cents soon.. sweet... many people buying coke over pepsi.n coke forever.. coke life..

Johnborne

182 posts

Posted by Johnborne > 2017-09-12 14:17 | Report Abuse

next TP 0.45, coke price increase dramatically this year, Huaan will shoot up like gadang! buy before late.

Johnborne

182 posts

Posted by Johnborne > 2017-09-12 14:19 | Report Abuse

this week TP 0.30

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