TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.09

Today's Change

-0.005 (5.26%)

Day's Change

0.09 - 0.09

Trading Volume

333,500


10 people like this.

24,146 comment(s). Last comment by Lee Ying Yee 4 days ago

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 15:22 | Report Abuse

Well we said maybe do what u need to do.we will sideline to see you burn before we come in at the 3rd support

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 15:22 | Report Abuse

0.185

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 15:26 | Report Abuse

we have identified your asking people to pump in,if results otherwise we will also report u to sc for causing innocent investors to lose money

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 15:27 | Report Abuse

we will wait for u gm68 no telur put real name ar?

GM68

1,581 posts

Posted by GM68 > 2018-04-04 15:33 | Report Abuse

Alfred9999, be my guest, my comments remain unlike yours . I see you deleted your comments, as i told you. Ill keep a copy.

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 15:38 | Report Abuse

when spreading of false news n telling lies on qr making lots of profit n all for your personal gains,face 6 years imprisonment or might get beaten up for causing innocent people to lose money

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 15:40 | Report Abuse

now huaan last done price is 0.325,when u ask people pump in at 0.385 u can be subjected for 6 years imprisonment for spreading false news.we have submitted u to sc.u will be contacted soon.thanks

apolloang

18,163 posts

Posted by apolloang > 2018-04-04 15:43 | Report Abuse

where is mr 45cts? hahaha

GM68

1,581 posts

Posted by GM68 > 2018-04-04 15:50 | Report Abuse

Be my guest..all my comments where prediction based and my own analysis, however, your comment the one you deleted it and i copy it, you specificaly mentioned that you have insider news and that Huaan is making small lost, if this is real news may i ask you why you deleted it and why to worry, lets wait the report and we shall see who is right and who is publishing fake news. On the other hand if my analysis are right i will sue you back..lol..

Posted by Definebustard > 2018-04-04 16:00 | Report Abuse

Apollo Ang, where is rocket?? No rocket how to fly 0.45

Tipster

752 posts

Posted by Tipster > 2018-04-04 16:05 | Report Abuse

GM68, 1T of coal cannot produce 1T of coke... margins might be lesser than you think... please do your analysis properly lahh...

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-04 16:08 | Report Abuse

sometimes hard to explain to fools like gm68

GM68

1,581 posts

Posted by GM68 > 2018-04-04 16:28 | Report Abuse

Tipster, the 215000 t is refered to met coke, hope this clarify.. it is stated in Huaan previous qr. All info used are available inside Huaan published reports.

Posted by jagdish1970 > 2018-04-04 16:42 | Report Abuse

basicly, at this point all of us who are holding 500K shares and above are really in unsure position now...hold or cut a major loss....worry might drop to 20 sen back and remain that level for next 2 yrs...i am just taking the gamble to hold as too much loss to absorb if sell now...50 sen at least can breathe....

Lala Chew

127 posts

Posted by Lala Chew > 2018-04-04 16:53 | Report Abuse

really want to cry...

Come

1,146 posts

Posted by Come > 2018-04-04 16:58 | Report Abuse

For investment should hold but if something wrong like this after qr with profit also downtrend then really need to think twice to hold...Good luck..

Come

1,146 posts

Posted by Come > 2018-04-04 17:02 | Report Abuse

2 days up 3.5cents another 2days down 6.5cents.. those average down now trapped again...

apolloang

18,163 posts

Posted by apolloang > 2018-04-04 17:05 | Report Abuse

mr 45cts wrong again,maybe 25cts lah not 45cts.....hahaha

Awet91

1,934 posts

Posted by Awet91 > 2018-04-04 17:05 | Report Abuse

Im glad i made decision to sell before market collapase and have minor loss only

John1234

2,020 posts

Posted by John1234 > 2018-04-04 17:06 | Report Abuse

Today, the whole KL mkt drops a lot, be it blue chip index or small cap index. Tech and semi conductor stocks are also sold down heavily.

Pls do not take advantage of the situation to spread unconfirmed negative news/rumour about Hua An, for your own personal gains.

tiger69

378 posts

Posted by tiger69 > 2018-04-04 17:07 | Report Abuse

adoi ...loss of 250K

Come

1,146 posts

Posted by Come > 2018-04-04 17:11 | Report Abuse

John..u have any idea why this happened?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-04 17:18 | Report Abuse

i see most of my shares drop a!!!

Posted by Definebustard > 2018-04-04 17:23 | Report Abuse

Yes la... Apolo Ang rocket forgot fill oil, cannot fly, all market colapse

Posted by Definebustard > 2018-04-04 17:23 | Report Abuse

Tmr Huuaan down to 0.25. .. Que and buy

Posted by investorwannabe > 2018-04-04 17:29 | Report Abuse

Expected already. No surprise for me.

harlem

317 posts

Posted by harlem > 2018-04-04 17:30 | Report Abuse

Today down probably is more of market sentiment, but still have to bear in mind Huaan current situations (said on 29/3/18):
Huaan Q4'17 coke margin was lower due to higher coking coal price, but Q1'18 coking coal price is even higher than Q4'17, so Huaan Q1'18 coke margin could be lower again, and results in lower eps for Q1'18.

Posted by Azman Mohamad Zanal > 2018-04-04 17:35 | Report Abuse

Trades war

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-04-04 17:52 | Report Abuse

u have any idea why this happened?

John1234

2,020 posts

Posted by John1234 > 2018-04-04 17:52 | Report Abuse

Come, dow futures is already down 400 pts now on US & China trade war fear escalation, with US and the latest, China providing a new tariff list of items against each other.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-04 18:02 | Report Abuse

Harlem, Q1'18 average coke sale price was higher compared to Q4'17, so what make you think that the margin is lower? And how mutch lower, is it marginal or significant? I think its marginal but i do not expect any loses, do you?

Posted by FreeSpirit > 2018-04-04 18:08 | Report Abuse

I don't think HUAAN would lose money in Q1. Today's bloodbath was broad-based, not specific to HUAAN.

Posted by Christopher Toh > 2018-04-04 18:25 | Report Abuse

CUT...... MCB

OPMS

1,183 posts

Posted by OPMS > 2018-04-04 18:38 | Report Abuse

wahhh... this week cheap sale everywhere..

Posted by Definebustard > 2018-04-04 19:24 | Report Abuse

Apolo, fill oil full tank, tmr reboind

Posted by FreeSpirit > 2018-04-04 20:08 | Report Abuse

Definebustard, I admire your optimism… lol

emil

1,428 posts

Posted by emil > 2018-04-04 20:15 | Report Abuse

we have another 1 month to drop kaw kaw as "general selection" coming....

Posted by Beginner1989 > 2018-04-04 21:09 | Report Abuse

John1234, are you still holding? I'm bleeding like crazy. Not sure what to do.

Posted by Definebustard > 2018-04-04 21:19 | Report Abuse

Dont worry, Newton Law 3rd
Every item have act abd reaction.... Go tobottom
Sure rebound

Posted by Definebustard > 2018-04-04 21:27 | Report Abuse

I remember the bottom for 1997...
May Bank 2.50
Nestle 9.80
Carlsberg 2.20
Him 2.60
Hong Kong 3.20
After 21years
May Bank 10.40
Nestle 150
Carlsnerg 21

emil

1,428 posts

Posted by emil > 2018-04-04 21:49 | Report Abuse

The World market crash is coming for REAL!
Expect Dow Jones drop to 17K pre Trump presidency....

Come

1,146 posts

Posted by Come > 2018-04-04 22:44 | Report Abuse

If the issue not solve, djia will back to 20,000..

Betta68

2,300 posts

Posted by Betta68 > 2018-04-04 23:39 | Report Abuse

In general, China will be a winer afterall, ill tell why if this trade war continue:

look to soybean price from March to now it fall from 1080 to 1000 this is 8% however it was at about 950 back in Jan 2018, now China is putting tariffs 25%, so if the price will fall further down perhaps loosing 25% then no big impact to China at all, in countrary, China custom will make more tax income, business as usual maybe China will buy less soybean from US (US farmers will suffer badly) and buy the rest of soybean from Brazil. This is one example valide to all 106 product that China is imposing import tariffs upon. https://m.nasdaq.com/markets/soybean.aspx

Actualy, Us and China have about 60 days and they will have to negotiate their trade to prevent further damage.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-04 23:41 | Report Abuse

Now DJ, S&P and Nasdaq already start to recover.. comparing to today Fut index.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-04 23:44 | Report Abuse

DJ now 23,878.46
-154.90 (-0.64%)

Posted by Definebustard > 2018-04-04 23:48 | Report Abuse

Yesterday DJ up 300...Huaan down 30cents,
Apollo Ang forgot refill oil, DJ up down not affected Huaan.... Only Apollo Ang related to Huaan

John1234

2,020 posts

Posted by John1234 > 2018-04-05 00:28 | Report Abuse

Beginner1989, i sold mine for a very small profit yesterday. I will reassess the situation. You had bought yours so much higher. It is rather difficult to advise u.

This trade war tension may take up to a few months to resolve. If u cannot ride out this period of high volatility, it might be better for u to cut loss or sell into strength when there is a rebound. U can choose to buy back when the situation stabilizes. However, if u are not in need of the cash and are still bullish about the company, then u can choose to hold on to it for as long as possible. After all, any investment is meant to be long term, for investment to bear fruit. All world events(including a trade war) will eventually blow over and fundamentals/rationality will return one day.

Just my views. Hope it helps.

Posted by Bulldozerstyle > 2018-04-05 01:11 | Report Abuse

Well said john

Posted by FreeSpirit > 2018-04-05 01:22 | Report Abuse

Dow seems to have stabilized a bit after Trump said US isn't in a trade war with China.

Definebustard, please make sure you make Apollo refill his oil so that HUAAN can fly ;D

harlem

317 posts

Posted by harlem > 2018-04-05 01:32 | Report Abuse

Posted by Betta68 > Apr 4, 2018 06:02 PM | Report Abuse

Harlem, Q1'18 average coke sale price was higher compared to Q4'17, so what make you think that the margin is lower? And how mutch lower, is it marginal or significant? I think its marginal but i do not expect any loses, do you?
---------------------------------

Betta68, after going into the details, actually you could be right !! if Q1'18 coke margin is lower (if any), it is only marginal.

Based on 52steel data (Linyi city coke spot price)
http://www.52steel.com/marketlist.aspx?lm=11&cs=230309&pz=13&gc=&pg=1
Q4'17 coke average price = 2001 (Huaan actual 2019)
Q1'18 coke average price = 2164
Increase = 2164 - 2001 =163.

Based on 100ppi data (general coking coal spot price)
http://www.100ppi.com/sf/day-2018-01-02.html
Q4'17 coking coal average price = 1378 (Huaan actual 1317)
Q1'18 coking coal average price = 1490
Increase = 1490 - 1378 = 112
Effective increase = 1.4 * 112 = 156 (base on 1.4 kg of coking coal to make 1 kg of coke)

So for Q1'18 the coke price increase (163) could be even more than the effective coking coal price increase (156) ... and so coke margin may not be lower in Q1 !!! (correction to my earlier projection)

Now the concern is the current qtr (Q2) as Linyi city coke spot is now down at 1910 (decreased by 250 from Q1 average) but coking coal spot is still maintain at the high 1490.
http://www.52steel.com/market/2018-04-04/b8f30b00-0942-43bd-92de-8bfaa4ab5bff.html
http://www.100ppi.com/sf/day-2018-04-03.html

Furthermore no sign of coke spot to improve as major coke futures contract, May (JM1805) and Sept (JM1809) are both lows at 1889 and 1796 respectively.
http://futures.quote.stockstar.com/DCE/JM.shtml

... and if the coking coal spot price is still maintained in the 1490 range, then Q2 results will not be pretty.

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