have to hold and maybe q2 Q3 & Q4 will some how improve..at least nack to.0.5 by October..no point sell now unless need cash badly or plan to change portfolio...
it will go up instead, why need to cut loss ? business is cyclical . Next qr will be stronger result .Why need to listen to toilet superinvestor 9? Look at the chart and volume ... No big boys will trap themselves like that if they know next is sell down ...
It was shocking to read Huaan Q1'18 average coke price was 1921, when Linyi city Q1 average coke price was about 200 higher at 2164 ! Huaan low Q1 average coke price was the main cause of the drastic drop in Q1 earning,
After going through the past records, it dawn on me there is a REAL reason for Huaan "low" Q1 average coke price and "poor Q1 result" (emphasis on the quotation marks), it is for the good of the company, specific of which i can not elaborate further, safe to say if you care to investigate, you may find the clue in my past comments.
Anywhere don't expect to see such shocker in Q2 anymore and Q2 result definitely will be much better than this "poor" Q1 result (again emphasis on the quotation marks).
I think it was disappointing quarter report, with EPS 0.49, when the average coke price was down almost RMB 100 vs preceding quarter, really unexpected with this kind of result, with eps 0.49, probably not able to achieve 6-8 cents EPS per year, which was my earlier estimate, so share price likely will go south, bleeding from Wednesday onwards, good luck..
I thought is super good result YOY Up 648%.......last year same period loss 1m. Every Q1 is the most bad result but this year Q1 made 5.5m profits is considered super good, Wednesday gap up.
Not sure whether dividend will be announced or not, at least to soothe investor, with such poor result...hopefully it will not drop below 30cents, good luck..
Market may react strongly to this "poor" Q1 result (emphasis on the quotation marks) and will offer good opportunity for value buy. Just remember, Q2 result definitely will be much better !!
Superinvestor, if you are not interested at this counter, why are you wasting so much of your time here and then syok sendiri now.. enough is enough !!
Remember this counter was almost delisted last year December and had reported many many years of losses before 2017... Now this counter has been saved and is business as usual since then... What this counter is facing now is just nothing comparing to all the turbulence of being delisted last year.. Just keep calm and dont be affected by some evil...
below 0.10 cents come Wednesday, those that thinks it is going up just put money where the mouth is simple.no need argue see if market forces are stronger or you are stronger
I think If we look at average coke price for Q2, probably less than Q1, so means EPS for Q2 will be lesser than Q1... how to justify for share price 30cents? My thought..
This counter has already corrected itself from a high of 48 sen to 38.5 sen yesterday after GE14 on expected lower profit and a generally weaker mkt. Mkt volume has shrunk substantially and speculative/contra buying is low. So, if it can really drop to 10 sen on this Wed(by any day-dreamer), I will surely come in to support this counter.....haha
On a more serious note, share price is a function of mkt demand and supply. If mkt operator does not expect heavy selling at 10 sen on this Wed, would he be foolish enough to bring down the price to 10 sen for pp to buy......
The result was different so much compared with my home work's prediction. Demand of coke is still committed as sales volume been ramp up to 219K tonne. If the demand keeping on increase , the management shall consider to operate the rest of 2 ovens. To manage volatility risk is always challenging.
Stocks below RM1 hit limit down if they drop 30c. But come on, HUAAN's value doesn't evaporate overnight just because of a lacklustre quarter. I, for one, will re-enter the stock if it drops below 10c this week. That's too outrageous.
Superinvestor9 u cn sell to me on Wednesday but if u do not own any , thank you for the hilarious effort in talking huaan down so we cn get more of it :) why worry when u know bussiness is of cyclical and q1 is improving with years ... Why the stock price plunged previously is due no non profit quarters and currently when huaan is showing consistently profitable quarters ... These jokers like superinvestor9 come talk shit with his questionable facts and intention . Just use logical thinking and also watch the traded volumes... If operator wanna sell huaan down . They would have done it way way earlier not after releasing the quarter .
Betta68 is too bullish all these while with his EPS estimate of 2.5ct and TP @ 1.00. I have already mentioned few times earlier, EPS is gonna be - 0.5ct to + 0.5ct. It came in at + 0.5ct.
Betta is always bullish about stocks he owns .. when he owned dnex he talked dnex to sky and when he switched to huaan to hell with dnex ... So basically jus clear ur mind of the predictions and always remember cyclical bussiness will mean a better qr2
With HSR being cancelled, I think all steel related counters will be hammered including Huaan by tomorrow.. Huaan probably will drop more with this poor Q1 result.. whether it provides opportunity to accumulate, it depends on EPS for Q2, if still that bad, probably 10 cents just around the corner.. sad to see it, but need to face reality. My thought..
Superinvestor, be prepared to dig your head inside a hole if the price doesnt drop below 10cent on Wed.. i am very sure you will be totally embarassed tomorrow....
thanks buffet and gohhocks for the genuine info. many here are a bunch of clowns that doesn't speak facts.but it's alright just wait Wednesday,I think many will say should have sold la this la
with market sentiment so bad, nothing is impossible in financial market.0.10 is nothing.clearly you small timers are newbies in the market if you don't know that no stock in the market is not untouchable
you are in the market to see embarrassment?no wonder you have been losing money all your life.i always thought the market are for people to make money but without you losers how to have winners
lol the fat conman ask you buy?then you buy la.after fat conman sell when you buy then fat conman will tell you guys to sell,kyy already say otherwise playing steel theme is wrong lol
let's see Wednesday who will be the hero or the greater fool to save the brothers and sisters caught in huaan.with market sentiment like this,even OTB the fat conman can't safe himself
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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....
SuperInvestor9
107 posts
Posted by SuperInvestor9 > 2018-05-28 21:11 | Report Abuse
we are millionaire not billionaire yet,lol