Posted by Fly25 > 2018-03-30 11:30 | Report Abuse

Steel tariff fears have subsided and broad market is less volatile now. Huaan took such a bad beating over the last 2 weeks and it is worthy to have at least some technical rebound.. But why is it doing so badly? Is there something going terribly wrong with the company's fundamentals and core business that we are missing?

Posted by John1234 > 2018-03-30 11:44 | Report Abuse

Yesterday, I was looking at Southern Steel. It had dropped from the recent high of RM 2.37 in Feb 18 to 1.67 yesterday, despite reporting good result last quarter. A drop of close to 30% with very low vol traded.

So, Hua An is not alone. The only difference is Hua An had more speculative interest previously.

Posted by John1234 > 2018-03-30 12:11 | Report Abuse

Today, the operator(maybe, a stockist) tries to inject some life into our boring mkt with a play on PUC Berhad.

Let's see how much speculative interest he can stir up, for a free movie show.

Posted by GM68 > 2018-03-30 12:40 | Report Abuse

I am very positive about this coming QR as coke price were up by at least 10% comparing to previous QR. The 3 ovens cannot be shut down without any reasons exept planned maintenance, so this means production is as usual.

In my opinion, this QR should show at least 33 milions in gross profit.

The question here is what would the opperator do, or keep doing? keep pressing down or release their hands?.

I am sure that the current share fall has to do with multiple factors such as market sentiment related to steel tariffs, potantial trade war with China, potantial fall in prices, weak share holders, fear, and most of all a strong and fearless opperators who manage to use this sentiment to press the share down with minimum cost and taking opportunity to collect at cheap price. By now he should have been able to collect 90 to 95 % of floating shares.

Neverless, I am confident that the Company fundamental are still intact and stronger then ever especially the winter season is over and the coming 6 month will see even better outlook. The weaker quarters are actualy each year from Nov to March. With QR4 Y17 shows 30 milions in gross profit is realy a good sign. Now the share trade volume came down to below 20 milions a day and the share value is about same as EPS value, this means we are in the phase of consolidation, and right time to start buying back the share.

Anyway, my advise to you to study the company and market first befor you decide. I have done mine.

Posted by Saifuddin Awang > 2018-03-30 12:43 | Report Abuse

Agree with GM68

Posted by Sinopsis > 2018-03-30 13:20 | Report Abuse

Technical rebound next week

Posted by John3t > 2018-03-30 14:38 | Report Abuse

Coming...

Posted by bowman > 2018-03-30 14:52 | Report Abuse

Coke futures trending up for monthly demand. Good news should be coming soon as soon as US-CHINA settles trade discrepancies

Posted by John3t > 2018-03-30 14:53 | Report Abuse

Volume is building ...

Posted by John3t > 2018-03-30 15:01 | Report Abuse

I am betting on the china silk belt... plenty of steel will be needed.

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

To consider whether this is a good stock, check out this report by the world coal organisation:

"Increasing Demand for Steel
Over the last 35 years steel production
worldwide has almost doubled, from less than
600 million tonnes (Mt) in 1970 to around 1.2
billion tonnes in 2006. The period 2000-2006
has seen unprecedented growth, with global
figures rising over 47%.
Coal & Steel 3
Much of the demand for steel is being driven by the
strong and rapid economic growth of China and
India. In 2006, economic growth rates in those
countries were 11% and 9% respectively. With a
population of over 1 billion in India, and almost 1.3
billion in China, the demand for products and
services has fuelled an almost insatiable demand
for steel. China and India together consumed over
445Mt of steel in 2006, around 40% of total
global crude steel consumption. This is set to
continue as India is projected to eclipse China in
population size by 2025 and the two countries will
account for around 36% of the global population.
Rapid urbanisation worldwide is driving demand
still further – as cities grow, housing, water and
electricity are urgently required. Transport links
must be expanded to meet the geographical
growth of urban and peri-urban areas. The
availability and reliability of modern
communication systems also becomes ever
more important as urban economies become
more sophisticated. Around 4.9 billion people
are expected to be urban-dwellers by 2030 -
60% of the world’s population. This will place
huge pressure on existing infrastructure and
create significant demand for housing, better
transport systems, communications networks,
energy, sanitation and healthcare.
Coal will continue to play a major part in the
manufacture of the world’s steel for the
foreseeable future. The well-supplied world market
means that metallurgical coal can be delivered
worldwide, facilitating the manufacture of steels
which will ultimately deliver the goods and services
that growing economies demand."

https://www.worldcoal.org/sites/default/files/resources_files/coal_steel_report%2803_06_2009%29.pdf

Posted by John3t > 2018-03-30 15:05 | Report Abuse

Hope this is the bottom...thanks for the info. Bowman

Posted by bowman > 2018-03-30 15:06 | Report Abuse

Why are people looking only to China and not India? Read this:
"India will be the single largest driver of global steel demand growth over the next 20 years. Finished steel consumption in the country grew significantly between 2010 and 2015, rising from 63 Mt to over 80 Mt, and CRU forecasts that consumption will surpass 100 Mt by 2021 and grow to near 280 Mt by 2035."

https://www.crugroup.com/knowledge-and-insights/insights/hard-coking-coal-to-fuel-steel-growth-in-india/

Posted by bowman > 2018-03-30 15:07 | Report Abuse

The internet holds a wealth of knowledge before investing. I had been watching comments on Huaan and it amuses me that one only needs to search the right words to know whether to buy, hold or sell, without losing sleep.

Posted by dusana > 2018-03-30 15:08 | Report Abuse

Buy Buy Buy!!!

Posted by John3t > 2018-03-30 15:09 | Report Abuse

Here we go.....rocket

Posted by dusana > 2018-03-30 15:10 | Report Abuse

Oversold already!

Posted by John3t > 2018-03-30 15:11 | Report Abuse

Some 0.35 will disappear

Posted by GM68 > 2018-03-30 15:15 | Report Abuse

Just for info. About 85% of all China steel sold localy to Chinese infrastructures and manufactures in China. 14% exported to the global market outside US and only 1% goes to US ( about 800,000 t). So we can all agree that there should be no impact due to steel tariffs.

The other 60 bilions global tariffs on Chinese products are mainly targeting on tech equipments, toys, houhold, etc.. these tariffs will not impact the Chinese steel production at all.

Remember that China trade volume globaly is more than 7 trillions usd/ year.

Posted by dompeilee > 2018-03-30 15:38 | Report Abuse

dompeilee BOUGHT back 100,000 Huaan @ 33.5c just before the PM session.
30/03/2018 15:08

SOLD 8,000 Huaan intraday @ 35c just to bring my total back to a round 100k shares :D

Posted by klck23 > 2018-03-30 15:43 | Report Abuse

bot .335 still holding hope for miracle

Posted by js2120 > 2018-03-30 15:48 | Report Abuse

I have no more bullet since last week. Just holding on for now.

Posted by Definebustard > 2018-03-30 15:56 | Report Abuse

Coming 0.36

Posted by John1234 > 2018-03-30 16:18 | Report Abuse

Hua An used to be a mkt leader. Now, PUC or Sapura Energy has become the mkt leader

Haha...one's fortunes can change with times.

Posted by FlowerhornKing66 > 2018-03-30 16:46 | Report Abuse

our telegram group making money like crazy leave us your telegram name n we will send u an invitation private group

Posted by klck23 > 2018-03-30 16:50 | Report Abuse

let's hope for the best next week lor

Posted by acw2368 > 2018-03-30 17:22 | Report Abuse

Agreed with GM68 and bowman, very good analysis and outlook for steel demand. I think this is the best time to collect Huaan at this low price, or you will miss the rocket which is flying high soon.

Posted by PanjiAlam55 > 2018-03-30 17:39 | Report Abuse

Huaan, will up again after GE14, as for now people's stay away and monitor, also most players sudah abis bullets maa

Posted by J4InvestmentCapital > 2018-03-30 17:40 | Report Abuse

Technical Rebound Soon . :)

Posted by PanjiAlam55 > 2018-03-30 17:43 | Report Abuse

everyone is waiting....and wishing Huaan to fly again...

Posted by Come > 2018-03-30 17:58 | Report Abuse

Sorry to speak out but I noticed a lot people saying this counter is good and supported by fundamental, especially closed green. A lot of analysis and bla bla bla. I hope u guys are correct. But somehow the price was down about 45% from 60c plus since qr released with profit. I totally feels weird. Just a sharing anyway.

Posted by dompeilee > 2018-03-30 18:32 | Report Abuse

Another Bonescythe-type lowlife posting again...no shame after lo$ing ton$ from last month's drop! LOL

Posted by FlowerhornKing66 > 2018-03-30 19:15 | Report Abuse

dumbpepetlee still here are I thought u waiting at 0.03?small timers like you also can afford 100k shares? can afford buy 100shares only is it?lol

Posted by dompeilee > 2018-03-30 19:35 | Report Abuse

U & yr dumb gang lost $500+k when it tumbled from 66c to 32.5c...luckily everyone learnt from yr first pump & dump attempt...notice no one respond to yr offer compared to >20 begging u the last time LOLLLLLLLLLLLLL!!!!!

I only earned $56k from selling down my Huaan from 63c to 36.5c lately but much much BETTER than yr $500k+ loss!

Posted by Bursa1575 > 2018-03-30 19:45 | Report Abuse

Congratulations...

Posted by FlowerhornKing66 > 2018-03-30 20:10 | Report Abuse

dumbpepetlee good for you man,we don't boast.boastful people normally has nothing to show. only the group would know how we play beast stock

Posted by JokerTp > 2018-03-30 22:39 | Report Abuse

monday will grow

Posted by spectre007 > 2018-03-31 01:02 | Report Abuse

Extracted from investing.com (updated to 30 Mar 2018)

Average metallurgical coke price comparison:
1 Jan 2018 to 30 Mar 2018 RMB2,106
1 Oct 2017 to 31 Dec 2017 RMB2,016

Average coking coal price comparison:
1 Jan 2018 to 30 Mar 2018 RMB1,339
1 Oct 2017 to 31 Dec 2017 RMB1,176

Average GP Margin / GP %:
1 Jan 2018 to 30 Mar 2018 RMB767 / 36.4%
1 Oct 2017 to 31 Dec 2017 RMB840 / 41.7%

GP margin has dropped MARGINALLY during this quarter as compared with the previous quarter. If the previous quarter can have RM30Mil GP as reported, assuming all things being equal (such as demand although many reports seem to report higher domestic demand in China) the coming quarter's results won't be too far off after all. A drop of 4.7% in GP margin does not appear to affect the fundamentals of the business that much given the fact that previous quarter's opex is only about RM4+Mil.

While NTA is lower than the share price as someone highlighted, this does not appear to be an appropriate valuation technique for a manufacturing business like Huaan.

Medium to Long term shareholders - what do you think?

Posted by GM68 > 2018-03-31 10:26 | Report Abuse

Spectre007, fully agree with your comparison, however,

-the average cost of raw material is less than RMB1,250, because Huaan buy his coal material unwashed as he have his own washing line and this make this quarter margin in the range of 40% almost same as previous quarter.

-in addition we need not to forget the additional sale of by product whitch is increasing every quarter and count for 20% of Huaan revenue.

The currency fluctuation between RMB and MYR is neglegiable.

To be noted that Jan to Mar is winter time and usualy the price of met coke goes down however this year the price went up suggesting that demand for steel was very strong and it look like the summer period the average price will further go up. It is wiser to keep monitoring the met coke sale price with or without hedging.

Posted by Definebustard > 2018-03-31 12:32 | Report Abuse

Huaan Monday 0,385

Posted by acw2368 > 2018-03-31 12:40 | Report Abuse

Just to share this news

China March factory growth stronger than expected: official PMI

http://www.investing.com/news/economic-indicators/china-official-factory-pmi-rises-to-515-in-march-beats-forecasts-1372026

In the first quarter, China's steel companies defied expectations for a winter lull and continued to ramp up output in response to strong sales, while boosting borrowing, capital expenditure and hiring.

That would keep synchronized global growth on track for a while longer. But economists are sticking to forecasts that China's pace will slow to around 6.5 percent by the end of the year, weighed down by the cooling property market and rising borrowing costs, even if there are no global trade shocks.

The Trump administration slapped hefty tariffs on steel and aluminum imports last week and then targeted China specifically by announcing plans for additional tariffs of up to $60 billion of Chinese goods, which are expected to focus largely on its tech and telecommunications products.

Posted by Christopher Toh > 2018-03-31 12:45 | Report Abuse

Any experts know this counter got "buaya"or not?

Posted by acw2368 > 2018-03-31 12:59 | Report Abuse

My opinion is that all steel related stocks including Huaan were affected by Trump tariffs on steel and aluminum. Trump's ultimate goal is to impose the additional tariffs on Usd60 billions worth of China's goods and this is to protect their intellectual property against China's tech and Telecom products. This has nothing to do with steel related productions.

With the above news about China March factory growth stronger than expected, I am sure investors must have already seen through this and they must have been collecting more steel related shares from weak holders at this low price as there are fears and worries about the downtrend of steel stocks. I am confident that steel stocks will come back stronger than expected and it would be too late for those who already sold their shares and intend to chase back...

Just my 2 cents...

Posted by GM68 > 2018-03-31 13:15 | Report Abuse

Lets not forget China 2030 target and its ambition for Asia and Africa continent and increased defence budget for 2018, more steel is required domesticaly and globaly.

China have reduced its export tariffs on steel in Jan 2018, to counter US import tariffs.

Posted by Lee_Brothers > 2018-03-31 13:39 | Report Abuse

Goreng stock..

Posted by spectre007 > 2018-03-31 22:06 | Report Abuse

Thanks GM68, acw2368. Deep value investing :)

Posted by Stockmoneyklse > 2018-04-01 16:45 | Report Abuse

Thanks flower horn for the kind sharing in your telegram group.i made 150k plus in 2weeks.it still not too late to be a winner inklse

Posted by FlowerhornKing66 > 2018-04-01 19:50 | Report Abuse

most welcome stockmoney,most important thing is we don't waste time with low life fellas who needs to cheat others into membership so that this small timers gets more money to invest

Posted by FlowerhornKing66 > 2018-04-01 19:53 | Report Abuse

fellow investors in the market don't waste time talking nonsense with small timers,time is money.we use our time to help others get more money without risk of being cheated by small timers conman

Posted by Come > 2018-04-02 07:56 | Report Abuse

Agree with flower on person like domp.. hope person like this get lost soon... no manners people. What a shame..