If the owners of Huaan declare even a small dividend, this stock will start going up again. Hopefully, the major shareholders take cognisance of the importance to reward loyal shareholders especially after Huaan has turned around, cheers.
I strongly suspect this stock is HEAVILY MANIPULATED.....everyday around 3.02 to 3.05 pm the bigger buy orders will be cleared rapidly...followed by smaller buy orders at the same price. Bottomline....somebody is bottom fishing by creating fear. Just my 2 cents...people.
Posted by xjteh > Feb 14, 2018 04:37 PM | Report Abuse X
run, run, run away from this stock. Upwave has completed. Now, it is due to retrace with target around 0.30. If can short, I will do it.
For Betta68, Dartmaster & Williamtaychunkit, To response to my comment on 14/2/18, now you all know who is the one going to wash eyes, who the sohai & who is the fox that never grab the sweet grapes. Haha
Is the downtrend to be continued? Yes, from 6cts to 66.5cts, it was 10x up, maybe we should observe if the price settle down around the 50% retracement zone which is around 33cts
If Huaan would announce to declare dividend for 2017 profits. Below is my calculation for the dividend amount.
According to Huaan official website under FAQ: 10) What is the dividend payout ratio? Hua-An Group is targeting to distribute approximately 20% of profit after tax as dividend.
Huaan 2017 whole year profit after tax is RM80.8mil. so dividend amount is RM16.16mil.
Huaan total number of share is 1122mil, so dividend per share is approx. RM0.0144.
To all sifu, please help to verify if this info is correct.
unless steel demand from china shoots up again like no tomorrow, which is highly unlikely, Huaan prices will likely fluctuate between 0.395 to 0.43 sen. The dividend, if you would like to belief will be given, is chicken feed. This company does not believe in investor relations, hence its shares continue to be clobbered
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....
Smarttrade
45 posts
Posted by Smarttrade > 2018-03-21 10:26 | Report Abuse
UP!!! UP!!! UP!!!