Posted by Come > 2018-05-16 15:13 | Report Abuse

If today closed red...tomorrow will drop further..

Posted by Hohong > 2018-05-16 15:16 | Report Abuse

run fast before trap

Posted by Betta68 > 2018-05-16 15:38 | Report Abuse

Low volume, once sell cleared, will move up..like yesterday..next level should be above 0.500. Yesterday 23 millions shares bought at 0.425 to 0.435,, these are now selling and should be cleared by now..I hold.

Posted by GM68 > 2018-05-16 16:06 | Report Abuse

Drop, buy more..collect more..

Posted by Hohong > 2018-05-16 16:35 | Report Abuse

run going 4.15

Posted by Come > 2018-05-16 16:39 | Report Abuse

Today closed red confirmed.

Posted by klck23 > 2018-05-16 17:00 | Report Abuse

can't maintain .470 all the HKC throwing

Posted by Betta68 > 2018-05-16 17:03 | Report Abuse

All 23 milions bought yesterday below 0.435 are sold today (41 millions total volume at 43% buy volume, make sell volume about 23 millions), those who will continue selling are simply loosing money..their share will be swolled as hot shily peper sauce....I better hold, tomorrow and Friday market sentiment should be more positive. My thought...

Posted by bowman > 2018-05-16 17:14 | Report Abuse

AGM soon. See their financial year results - 2017 better than 2016, group profits higher, but company profits less

Posted by Betta68 > 2018-05-16 17:17 | Report Abuse

Investorwannabe, sold two days ago?? Not me my friend, i recall buffett posted he sold, not me. I would not be here if i sold..lol.

Posted by Betta68 > 2018-05-16 17:24 | Report Abuse

AGM on 28 May, the Q1 report may be issued same day as well together with the audited annual report for 2017. Today future coke price closed 0.95% higher, RMB2,117.

Posted by investorwannabe > 2018-05-16 17:35 | Report Abuse

@betta...ya...saw wrongly, its buffett. Anyway, hope your analysis is rite also. No GST announced today. Hope market will soar higher tomorrow!

Posted by alim888 > 2018-05-16 17:47 | Report Abuse

Betta68 where to find coke price

Posted by kaikai010 > 2018-05-16 19:39 | Report Abuse

Test to break previous resistance

Posted by GM68 > 2018-05-16 21:39 | Report Abuse

Today, spot coke price was up by 3.5% 1,949.50
As per link below. Tomorrow Huaan may rise above 50c.

Metallurgical Coke Futures - (DCJc1)
DCE
1,949.50 +66.00 +3.50%
01:00:00 - Closed. Currency in CNY
https://m.investing.com/commodities/metallurgical-coke-futures-historical-data

Posted by Smarttrade > 2018-05-17 09:20 | Report Abuse

BUY!!!BUY!!!BUY!!!

Posted by GayauQwe > 2018-05-17 09:28 | Report Abuse

Huaan coming

Posted by jagdish1970 > 2018-05-17 10:05 | Report Abuse

buy buy buy.. are u sure...not anothrr trap?

Posted by Betta68 > 2018-05-17 10:28 | Report Abuse

Do not expect mutch with today low volume, collection from weak holders is in on mode now..hold if you feel strong, trap if you sell, safe if you hold, buy more if you like to support the price..

Posted by Come > 2018-05-17 10:30 | Report Abuse

Today and tomorrow close price will confirm whether it's downtrend formed or not.

Posted by Hohong > 2018-05-17 10:35 | Report Abuse

downtrend

Posted by Betta68 > 2018-05-17 10:36 | Report Abuse

I think today Huaan should close green, supported by those who bought millons and millions of shares on monday, tuesady and wednesday well above 0.460...these brave investors should stand up and support their investment..my thought..

Posted by klck23 > 2018-05-17 12:20 | Report Abuse

not looking good thou

Posted by klck23 > 2018-05-17 12:21 | Report Abuse

T-3 T-4 coming

Posted by TheLegend27 > 2018-05-17 13:31 | Report Abuse

Betta68, if u think like this no stock will drop already lo.

Posted by Ask_Check > 2018-05-17 13:37 | Report Abuse

what estimate EPS for coming QR ?

Posted by Betta68 > 2018-05-17 13:55 | Report Abuse

I would expect EPS 3.1c for this coming Q1 and 2.6c for Q2.

Posted by JokerT > 2018-05-17 14:05 | Report Abuse

going up soon. good PE support

Posted by Betta68 > 2018-05-17 14:12 | Report Abuse

Malaysia Q1 2018 GDP growth 5.4%, yoy. https://www.theedgemarkets.com/article/malaysia-gdp-grew-54-yoy-1q-says-bank-negara

Posted by GM68 > 2018-05-17 14:24 | Report Abuse

Up or else? Down , we buy more..

Posted by investorwannabe > 2018-05-17 14:53 | Report Abuse

0.445 now. Looks gloomy.

Posted by TheLegend27 > 2018-05-17 15:01 | Report Abuse

Malaysia GDP grow is being manipulate by bijan. look at ECRL project that cost billion, there u go billion of GDP.

Posted by Hohong > 2018-05-17 16:53 | Report Abuse

today close green ?

Posted by Hohong > 2018-05-17 16:53 | Report Abuse

last 5minit

Posted by paloma > 2018-05-17 17:01 | Report Abuse

Red

Posted by investorwannabe > 2018-05-17 17:14 | Report Abuse

lots of reds today.

Posted by Ask_Check > 2018-05-17 17:38 | Report Abuse

Betta , how much for the processing cost per ton ?

Posted by Betta68 > 2018-05-17 19:14 | Report Abuse

AC, according to Huaan latest qr, page 9. If Huaan buy his coking coal at an average of RMB1,300 and sell it as coke at average of RMB2.050, he is able to generate 30 millions ringgit profit with only oven 1,2 and 3 in operation. He still have two oven incase he need to increase its production rate. This is why i simply monitor the margin between coking coal and coke price (750RMB) hope that it remain or increased. Also production rate should be at least 90 to 95%, than Huaan can produce about 215000 tons of coke per quarter. All these info can be found in the qr report.

Posted by Betta68 > 2018-05-17 19:20 | Report Abuse

Every 1 tons of coke required about 1.35 tons of coking coal. Also huaan produce by product tar, benzeh, etc..which generate about 15% of its total revenue simply because huaan buy its coking coal unwashed which are cheaper compared to market price.

Posted by Betta68 > 2018-05-17 19:32 | Report Abuse

For example, today the coking coal spot price is RMB1,273 ( washed) and the coke spot price is RMB1,956. The margin is RMB683, slightly lower than 750, however the coking coal is washed, Huaan buy it cheaper as unwashed. So based on this i assume business as usual.

https://m.investing.com/commodities/metallurgical-coke-futures-historical-data

Posted by Betta68 > 2018-05-17 19:55 | Report Abuse

I think Huaan buy its coking coal unwashed is a smart thing to do as its cheaper by about RMB150 and he can generate by- product, so i guess his cost per tons of coke as of today should be below RMB1,600 and naturally it depend on coking coal price, he can hedge his cost if necessary..the good thing is that he is the only coke producer in the area and he sell his coke next door to the steel companies.so he is very efficient..my thought.

Posted by Betta68 > 2018-05-17 20:21 | Report Abuse

For Q1 2018, the average coking coal price was RMB1,339 (washed) and the average coke price was RMB2,101, so the margin was RMB762 a bit higher.

Posted by Gohhocks > 2018-05-17 20:39 | Report Abuse

I think if Huaan can deliver more than 5cents for Q1 & Q2, then 45-50 cents should be strong support, whether it can break 50cents & go back 60-70 cents like previous, it purely depends on Q3 & Q4 EPS. With coke & coal price continue to rise, may be Huaan can do it. Good luck. My thought.

Posted by Yip2880 > 2018-05-18 10:16 | Report Abuse

Betta68, is there a possibility for Huaan to move towards the 0.50 level today? Thank you.

Posted by Poisonivy > 2018-05-18 10:17 | Report Abuse

Huaan should be uptrend now consolidating I bought at 0.37keep till result out... It will fly now looking at Gamuda 4.28 and fajar 0.395 start accumulate and hold... Construction overly done my guess... Project is not HALT but review once clear fly like super fly... Only fundamental stock.... Hehehe

Posted by Poisonivy > 2018-05-18 10:52 | Report Abuse

So happy average get 4.24 and 0.385 yummy hahaha

Posted by Betta68 > 2018-05-18 10:57 | Report Abuse

Yip, investors are waiting thise weak sellers to give up their share as cheap as possible, once done it my fly up, however may not be today. Patient, time to top up if possible, the share is way too cheap now..QR will be release on or befor 28 May..good luck..

Posted by Come > 2018-05-18 11:20 | Report Abuse

The price may drop more if qr released like last round..

Posted by Betta68 > 2018-05-18 11:59 | Report Abuse

Come, the price may drop to 0.60 after climbing to 0.65 a week after releasing the report next week, how about that?.... lol...

Posted by investorwannabe > 2018-05-18 11:59 | Report Abuse

looks like market is coming up in the afternoon!