crude oil up reduce hengyuan profit. hengyuan buy crude oil to do refinery work. just like coal price up reduce huaan profit. so js2120 u better sell hy now. not the right time
Today Friday, we need blessing from operator to close the week in green so everybody will wish him a good luck.. hope he reed our messages and push up the share to 0.46 or higher. It would be good to have.
0.42 is the support line over the past week. We have strong buyers here. Could it means they know what we dont as they snap up what some are dumping? It's an interesting feature and who know next
@TheLegend27, I bought into HengYuan 5000@8.65 I think based on valuation it's cheap so I'll hold on into it and ride the price when it goes it..hopefully.
Today market sentiment crazy bearish no chance of anything going up at all. Huaan shared the same fate but lot's of accumulation esp the last 30 mins at least 1.5mil share transacted at seller asking price. Support 0.42 broken so R1 now at 0.42 and S1 at 0.385. Short term bearish (refer daily and weekly chart) with medium term still bullish. (refer monthly chart)
When coke price was 2200, the coking coal price was about 1430 ( margin 830). Now coke spot price is about 1830, and the coking coal price is about 1190 ( margin =640), so the margin is bit lower now about 190 RMB less, however we need to look to the average of all prices within the QR, we still have May and June. Its too early to conclude on that.
I think If EPS around 8-10 cents for 2018, then still got chance to go above 48 -60 cents range, other wise not..it still too early to judge now for Q2,Q3 & Q4, as for Q1, I think its EPS should be above 2.5 cents, hopefully.. Let’s see how it goes.. Good Luck. Merely My thought.
GM, a share buyback don't do much as I'm also holding Sunway that have been announcing few share buy back buy sentiment keep pushing it down. I prefer they announce dividend together with the annual report that will bring more interest in the share.
Huaan is like crushed sugar cane @ this stage...ppl like me who got in @ below 10c have drunk almost all the juice & the johnny come latelys can only eat the leftovers lol
I think F18 EPS above 12c is overly optimistic, if Huaan is able to deliver, then its share price should be around 80cents - Rm 1 in mid term, however, it’s still too early to judge as coke & coal price is very volatile. Let’s hope for the best.
Huaan Y17, EPS was 7.2c which had 3 of 4 QRs showing profit as Q1'17 showed losses due to take over. Next week Huaan will issue the 2017 annual audited report to confirm the 7.2c.
The prospect for 2018 look mutch better for Huaan, compared to 2017. At least I see Q1 should be excelent est 34 millions, Q2 a bit less perhaps 24 milions unless coke price go up in May and June toward RMB2000, Q3 and Q4 still early to judge but if we give 24 millions each, than As of now I am confident to give 9c to 10c for 2018. Will visit this number again in June.
I think EPS for Q3 & Q4 is too important & very hard to predict now, its current share price will go north or go south basically depends on these both quarters. Good luck to all. My thought.
Bowman, we should receive first the AGM agenda and meeting date, i guess the QR would be issued at same day, perhaps last week of May. Next week or week after as max, we should receive the annoucement for 2017 audited report.
Gohhocks, the current coke price arround 1800 is normal, if you look back at every quarter youll see these prices, I do expect the coke price to go up starting from May onward toward August..
Linyi city coke spot price should move up by late April or latest by early May because coke futures (J1809), which spot price follow in delay by 3 to 4 weeks, has reversed from bottom since 29 mar. http://finance.sina.com.cn/futures/quotes/J1809.shtml (select 日K to see the daily chart)
So monitor the futures to predict the spot movement.
Paloma, i only give my point of view and try my best to give some current and futur status and expectation based on my own finding, I cannot stop the share from faling or make it go up..its completely out of my control. Remmember if you reed my comments, you should verify it if you are intrested.
Agree with you Betta68. I think people should differentiate between reading another's opinion on a forum that reading a stock advisory from a trading house. Most comments made here are own-findings. You read about something someone found out, and you must take it upon yourself to be intelligent enough to verify them and if they are worthy of your investing. If not, you are merely punting - not different from those people who sees and accident and decided to go punt on the numbers on the car. If the numbers do not win, can you go blame the accident victims? Likewise here.
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....
Smarttrade
45 posts
Posted by Smarttrade > 2018-04-20 13:43 | Report Abuse
Buy!!! Buy!!Buy!!! Today last chance!!!