People stop fighting la. What do u get from quarreling everyday? Can earn money? How come no insider comes out to comment on the reason behind recent downfall? Where are all the sifus last time?
When mkt is weak, operator can "influence" a counter more easily. Do not chase after the counter unless u have the intention to pick up, when price drops. Otherwise, u can give more reason for the operator to push down the counter on contra selling pressure.
Currently, it is range-bound trading for this counter, with a downward bias. If 38.5 sen is not broken with strong momentum, do not dream of higher prices.
So, this means counters like Huaan should not have any major impact out of this whole tariff pack that US is rolling out towards China, right? Coz Huaan is not Tech, its more of Industrial / Materials sector? Am I looking at this the right way?
Uncertainty is the main market killer here. Dow unable to provide clear direction due to the volatility it is showing. Investor will not have confidence to enter the market so there will be more seller than buyer in every stocks. The supply demand will dictates the way market move so it will be down for now.
Having said all that, the high volume Huaan generated on Monday then indicates that this stock is on the radar of many investors that is waiting for the right time to buy into it. My guess is the latest qtr report is good hence the surge of volume on Monday.
Buy to keep especially if you are investing for the long term. Ignore short term volatility as fundamentals of Huaan are still intact and strong.
For the past one year or more, non of Huaan major share holders have sold any of his shares, not even when Huaan stood at 0.665 two month ago. Still have faith in Huaan, production of Met coke still concidered good price holding at RMB1,860, sign of steady demand for steel, Huaan raw material of coal price below RMB1,200. RMB660 margin and with 215000 tons capacity, Huaan next qr profit befor tax should be excelent, in line with previous one.
well we will see the price of the share moving sideways until qr out,if result good u think operator will let it fall?good luck though see u guys soon when it hits our tp
Alfred9999, if Huaan report profit for this quarter you will be charged with spreading and publushing fake news and face 6 years in prison in Malaysia, be aware of the new law. I have copy your comment and will use it against you. You better provide evidence to your claim or you will be reported.
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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....
Jack11
22 posts
Posted by Jack11 > 2018-04-03 09:32 | Report Abuse
Yeahh..buy2!