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
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
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..
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.
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....
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.
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.
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?
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
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.
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.
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 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)
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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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....
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