TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 > 2018-04-06 12:36 | Report Abuse

betty67 oh god so scary!no pun intended.lol.parliament dissolved let's see 2.30 when trading resumes.outsmarting the losers

Posted by bananakikiki > 2018-04-06 13:02 | Report Abuse

Aidooo, 50% gone

Brand8p

43 posts

Posted by Brand8p > 2018-04-06 13:10 | Report Abuse

Current year prospects
Chinese economy has continued to
beat expectations
with the growth rate coming in slig
htly ahead of analysts’ forecasts
.
From 6.9% growth in the first six mo
nths of the year,
China’s Central Bank governor, Mr Zhu Xiaochuan, forecasts that the economy could
grow at a rate of 7.0% for the second half of the year.
Such economic growth
are
envisaged to be
achieved through
continued
robust public and private secto
r
infrastructure projects as well as real estate development pursuits
particularly in the third
tiered cities
, all of which
will
provide an impetus to the steel and coke industry.
According
to a steel industry consensus,
the domestic
steel demand is expec
ted to
continue to
be
robust and sustainable through the rolling out of several socio
-
economic initiatives, more
notably the
expected
RMB2 trillion steel consumption
required to realise C
hina’s high
-
speed rail project
from 2017 to 2030 as well as the spin
-
off effects of the massive One
-
Belt
-
One
-
Road (OBOR) initiative which will be spearheaded by China. All these
may be
seen as a catalyst to
provide
a compelling case
on
the prospect of the steel and coke
industry, moving forward.
Notwithstanding the above,
cognisance is taken on the fact the
Chinese Government has
at the same time instituted stricter environmental regulation and its approach in dealing
with pollution
concerns
in the country. Local governments continue to shut down many
illegal establishmen
ts as well as factories that fail to comply with the environment
protection standards and policies. Besides
a
ddress
ing
the perennial pollution
issues
besetting the nation,
such initiatives
also serve to
stem
the perceived oversupply situation
in the steel
industry by cutting domestic capacity of steel with the aim at improving prices
and industry
-
wide profitability
,
with the aim to ensuring a
more robust and stainable
industry prospect. The above situation augurs well
with
those subsisting and compl
i
ant
p
lants (such as ours)
as operating environment will tend to improve and become more
favourable in the years to come.
In view of the above, the Group remains optimistic with the recovery seen in the steel
industry
and
will continue to be vigilant to releva
nt consequential circumstances that may
have perceivable effect on the metallurgical coke business
,
to which necessary action
steps
will be taken to face those challenges
as and when they
arise.

SueMaiya

24 posts

Posted by SueMaiya > 2018-04-06 13:50 | Report Abuse

You guys r funny, fighting like cat n dog
I'm newbie too, join this forum since I start my investment in stock market, I read and also do my own consideration, I do invested in Huaan n already cut lost depends on situations. For me it's better cut lost, maybe u can save 10c per share and u can buy back when the market stabilized. Investing is like doing business, n we should dare to lost

emil

1,428 posts

Posted by emil > 2018-04-06 13:57 | Report Abuse

Foreign Funds dislike uncertainties.....will have major sell down until GE14 result out?

wks8732

242 posts

Posted by wks8732 > 2018-04-06 13:58 | Report Abuse

All siau liao blame each others.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 14:06 | Report Abuse

As long as Huaan fundamental are intact, i see no reason to sell. Non of Huaan major shareholders have sold any of his shares, why should we do so, you want to gamble day by day up to you. Many will hold and top up more.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 14:10 | Report Abuse

If any of Huaan major share holder start to dispose significant shares or Huaan report loses, than naturaly this may lead to re structuring our position. As long as this has not happen and in contrary allready 3 qr shows profit, and hopefully the next two qr will be the same, so business as usual. Remember, in this forum, no one can influance the share price no matter how your big or small, non of you whatever you say here can impact the share price. It is an illusion if you think that.

wks8732

242 posts

Posted by wks8732 > 2018-04-06 14:13 | Report Abuse

Family already pokai cause the family's members fighting each others. PlayTikam tikam to pass day times. Hahaha....

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 14:20 | Report Abuse

Looking to the volume allready done 8 millions, it doesn't suggest that foreign investors selling, we shall see the tital volume of today if exceed 18 milions.!

i think its opperators have 10 milions share in hand and playing with it everyday, this is why the total daily volume is not exceeding 18 or 20 millions...as buyer stay away and opperators have the upperhands, selling and buying their own stock to simulate fake trading and scaring people to sell with any possible excuse..

tingkap

913 posts

Posted by tingkap > 2018-04-06 14:43 | Report Abuse

today we have a lots of willing seller. willing buyer oso have but bloackage at 0.3. still can safe your money

tingkap

913 posts

Posted by tingkap > 2018-04-06 14:45 | Report Abuse

no big impact on parliament dissolved today announcement. so enjoy your trading.

tingkap

913 posts

Posted by tingkap > 2018-04-06 14:57 | Report Abuse

who want to buy my HUAAN 0.315?

Posted by Definebustard > 2018-04-06 15:57 | Report Abuse

Me, Angpolo will push it to 0.45

GM68

1,581 posts

Posted by GM68 > 2018-04-06 16:02 | Report Abuse

Lol, keep going.

LimKT

482 posts

Posted by LimKT > 2018-04-06 16:26 | Report Abuse

keep going.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 16:30 | Report Abuse

Thank you i3investor for removing Alfred9999 comments. This should be a lessons to all to remain polite with each other regardless.

tingkap

913 posts

Posted by tingkap > 2018-04-06 16:35 | Report Abuse

thank you for become a buyer 0.315. next week should be better for HUAAN. contra player will enjoy fruitful next week

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 16:45 | Report Abuse

Total trade volume for today as usual arround 18 millions as predicted. Where is Axhol9999 and his warning scaring people here to sell?..i see the share even improved on the news of parliment desolvement...keep faith in Huaan.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 16:49 | Report Abuse

Now 0.325, enjoy your weekend..

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 17:08 | Report Abuse

Huaan share still way below its fair price, look to Dnex or Frontkn and compare it shares with Huaan youll see that Huaan share is undervalue as Huaan revenue and profit is about 3 times more.

Posted by Cyphuell Azm > 2018-04-06 17:08 | Report Abuse

Today lowest .300 and closed at .325 shows huaan is strong

John1234

2,020 posts

Posted by John1234 > 2018-04-06 17:23 | Report Abuse

Emil, why no selldown? U have been wrong 2 times in a row....

U posted the same message on a few threads, (including Heng Yuan Refinery). Look, Heng Yuan Refinery goes up 21.5% today. Maybe, the operator got angry with u and showed some "true" colours.

Haha....I hope u do not send pp to Holland with your scary postings

Posted by jordanmaggie61 > 2018-04-06 17:26 | Report Abuse

tigerpalm

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-04-06 17:29 | Report Abuse

keep going.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 19:05 | Report Abuse

Truss your own study. You should not be here if you are willing to listning to those people trying every day to scare people to sell, hope non of you have followed them and fall in their trap.

Study the company good, follow its announcement, coke price and coal price as well as follow market sentiment and above all invest in long term as it is always the best strategy. Buy and keep then sell when your tp insite.

I bought Huaan last year in Nov, price below 0.22, i still hold and only will sell when my tp achieved above RM1.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 19:06 | Report Abuse

Did anyone here in this blog sold his share today? Other than tingkap, anyone else?

js2120

80 posts

Posted by js2120 > 2018-04-06 19:23 | Report Abuse

Nope. I hold some thinking of contra but didn't manage to hit my target price. I can afford to pick them up so I'm just waiting for my t3 on Monday and see how. Compare to the whole market huaan is doing amazing. If I have more fund I'll buy more to be honest. I'm at my last 15% buffer for portfolio so prefer not to add in esp with huaan 80% of my portfolio.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-06 19:25 | Report Abuse

Good plan js2120.

js2120

80 posts

Posted by js2120 > 2018-04-06 19:26 | Report Abuse

Whole world thinking Dow Jones will go down today? I m expecting it to goes up. If I'm wrong then I'm wrong we will see how.

singunsin

529 posts

Posted by singunsin > 2018-04-07 14:56 | Report Abuse

Actually many already TP partially or CL. Dont fight with the trend, many waiting to in again when sentimental turn good, some banker might accumulating....

GM68

1,581 posts

Posted by GM68 > 2018-04-07 15:21 | Report Abuse

Maybe black but not for Huaan, time to gab more. Buy on weakness.

Alfred9999

150 posts

Posted by Alfred9999 > 2018-04-07 21:01 | Report Abuse

betty67 n gm67 same person still asking people to pump?want kena from sc already or kena whack

emil

1,428 posts

Posted by emil > 2018-04-07 22:49 | Report Abuse

Why The 1929 Stock Market Crash Could Happen In 2018?

https://www.investopedia.com/news/1929-stock-market-crash-could-it-happen-2018/

Lala Chew

127 posts

Posted by Lala Chew > 2018-04-08 00:22 | Report Abuse

Good stock, will start to collect at 0.3.

JokerT

1,391 posts

Posted by JokerT > 2018-04-08 01:51 | Report Abuse

uptrend soon. Collect

very_goat

312 posts

Posted by very_goat > 2018-04-08 07:05 | Report Abuse

日媒:习近平或在博鳌向川普伸橄榄枝
http://www.ntdtv.com/xtr/gb/2018/04/07/a1370681.html

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 11:12 | Report Abuse

Yes, time to collect, uptrend is coming. Tariffs should not have more impact anymore on coke production, if share get cheaper, we will buy more..just keep track on coke price as long as it above 1,800, Huaan still profitable. Remmember do your own study.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 11:21 | Report Abuse

Alfred9999, stock are meant to be traded, you either support to sell or support to buy, up to you and up to anyone else to decide, i will keep promote huaan as long as i still have faith in the company and you should respect that, you are in favor of talking to people to sell, go ahead no one stoping you, just do not post fake news here, you can say what you want as long as it is not fake, everybody here know your plan, you have clarified befor, you want Huaan to fall so you can buy, right? So what? Everybody can give his own prediction here, use polite word and your comments will not be removed.

Sinopsis

179 posts

Posted by Sinopsis > 2018-04-08 12:19 | Report Abuse

Huaan to follow heng yuan next week?who knows.

apolloang

18,163 posts

Posted by apolloang > 2018-04-08 12:21 | Report Abuse

u tell kyy to buy lah.....hehe

Posted by Stockmoneyklse > 2018-04-08 12:37 | Report Abuse

Betta can we meet?just wanted to know on your analysis.can arrange a meeting for both of us

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 12:52 | Report Abuse

For those who are intrested in China coking coal and coke price you can refer to this link. As it look like that raw material of coking coal goes down and up relativaly to coke price, therefor i assume that the profit margin remain more or less the same so that the profit can be maintain as long as there is a steady coke production and sale demand.

Next week new price update, this link shows price up to April 4 2018.

Lets assume that these prices will remain for the whole next quarter Q2'18 ( not this quarter, as this quarter Q1'18 as i have showed befor my expectation to be in the range of 30 to 33 milions ringgit in net/ gross profit).

-Coking coal price is about RMB1,300
-Coke price about RMB1,889. So with ratio 1.25t coking coal to 1t coke taking into account the revenue from by product sale and reduction in price due to higher efficiency for unwashed coking coal),

Huaan margin is 1889-(1300x1.25) = RMB264 or MYR 163.

So if Huaan produce 215000 t of coke every quarter, this means QR2'18 will have to show a gross profit of at least 215000x163= 35 million ringgit.

This time i used a 1.25 ratio, if you use 1.40 ratio ( concidered too high) then the net/ gross profit would be less naturaly, hope somebody can advise me here about Huaan real ratio.

So it is important to watch both prices coking coal and coke in the coming months April, May and June. Also note that these are my own interpretation, as i advise you to do your own analysis.

http://www.dce.com.cn/DCEENMO/index/index.html

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 12:55 | Report Abuse

Stockmoney, just let me know here what you need to know, its an open forum for all.

Posted by Beginner1989 > 2018-04-08 13:03 | Report Abuse

Betta68, what do you think of the long term perspective on Huaan? Can still hold? it dropped drastically because of Trump. Bleeding seriously here.

Posted by Beginner1989 > 2018-04-08 13:03 | Report Abuse

Not sure should I cut loss (i.e. will be a lot of loss) or if I don't cut now. Drop further will be even more painful?

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 13:11 | Report Abuse

Well Beginner, I am still holding my shares as I am a long term investors, all depend on your holding capacity. Current share price does not match the real value. Ask any investor to advise you on the TP for Huaan, it will come out at arround RM0.80 at this moment. I have make many comparision check with other stock who are also fall alot recently due to same reason related to market shake up, however Huaan still very cheap comparing to other stock with good fundamental.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 13:31 | Report Abuse

I remmember that you said to me long time ago that i have the highest, however i did not respond to you as i think it is realy not relevant here.

What is important is to follow Huaan current and future earning, so as long as he is making profit, i keep my investment unchanged.

Betta68

2,300 posts

Posted by Betta68 > 2018-04-08 13:41 | Report Abuse

If we concider Huaan profit per year of only 80 millions ringgit, Huaan PE is 4.5 now! Very cheap, no dought about that.

Posted by Beginner1989 > 2018-04-08 14:42 | Report Abuse

Betta. Thanks. I can hold but i'm just worried the market volatility recently. I hope this co is not a con company that would disappear out of nowhere.

Post a Comment
Market Buzz