TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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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 3 days ago

winwin2288

1,325 posts

Posted by winwin2288 > 2018-05-30 09:52 | Report Abuse

drop 1 day only so kiasi ? Huaan should back to 0.40 above !

winwin2288

1,325 posts

Posted by winwin2288 > 2018-05-30 10:03 | Report Abuse

Big boy collecting quietly...

Come

1,146 posts

Posted by Come > 2018-05-30 10:03 | Report Abuse

How about ur stock on hand? I remember u still keep some last time..

Hohong

117 posts

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

buy buy

Come

1,146 posts

Posted by Come > 2018-05-30 10:09 | Report Abuse

The one said dropped 1 day normally is blind or still in dreaming mode...tell facts but no lies..be a good boy k..good luck

Jackkin

235 posts

Posted by Jackkin > 2018-05-30 10:11 | Report Abuse

Support is at 0.30, kiasi small trader is not enough to make the price drop lower than that, big players will come collect again, If you have gambling mindset like superinvestor9, you wont make money inn stock market..

winwin2288

1,325 posts

Posted by winwin2288 > 2018-05-30 10:13 | Report Abuse

haha, see who is dreaming. if you ever experience the market crush, today is nothing. then remember you don't buy when Huaan climbs back. no risk no gain ! I bought Huaan few times already. Just conclusion, if you have confident, just bought else don't touch

GinTech

240 posts

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

buffett888 why did you delete your previous comment. aiyo..

Come

1,146 posts

Posted by Come > 2018-05-30 10:40 | Report Abuse

I saw a lot of people saying the similar things since last quarter out with huge profit...If you really experience market crush, then you can see this as a downtrend, as compared to last quarter moved from highest 60cents to this price level. But if you can make profit after the 1st qr out, I would say that you are really a very short term investor or so call gamblers, with a good sense and wise decision made.

Again, there is always 50/50 chance..since now this is lowest price for the year, definitely have support level. You can buy if you are risk taker like somebody..as the chance to go up now is much higher...But don't forget the trend.. all the best..

cruz

397 posts

Posted by cruz > 2018-05-30 10:43 | Report Abuse

Better Run.....recession coming soon?

GinTech

240 posts

Posted by GinTech > 2018-05-30 10:50 | Report Abuse

buffett888 previously set tp RM1 wor.. few minutes ago bought 0.30 with 10% gain wor.. how come became buy low sell high then deleted comments one.. not tp RM1 meh.. should have waited for 233% gain mah.. hmm

Buffett888

222 posts

Posted by Buffett888 > 2018-05-30 10:57 | Report Abuse

@GinTech, TP 1.00 is set by Betta68 which I highlighted is radiculous based on porrer fundamental. For volatile shares like Huaan, I won't hold for long.

GinTech

240 posts

Posted by GinTech > 2018-05-30 11:04 | Report Abuse

aiyo sorry, paiseh. so how buy 0.30?

SateMan

1,720 posts

Posted by SateMan > 2018-05-30 11:06 | Report Abuse

Die huaan

Come

1,146 posts

Posted by Come > 2018-05-30 11:10 | Report Abuse

If didn't break support level this week, then it may go up again..but who knows..risky now but may gain like somebody, but will loss if break..

Come

1,146 posts

Posted by Come > 2018-05-30 11:15 | Report Abuse

@gintech, I also noticed that. Buffet deleted comment at 10am one..hmm..If buffet is not the one set TP1 then is betta already...haha.

windcloud

1,393 posts

Posted by windcloud > 2018-05-30 11:16 | Report Abuse

Huaan may have higher risk to towards 0.20, please be careful, chartwise it may down towards 20 cents level.

For FA wise, assume revenue no changes, but since year 2018, EPT has been implemented with new ruling. Huaan results will be impacted by EPT. Assume each qtr NP result is 10M x 4 = 40M profit per annum / 1,132 M x PE ratio 6 = 0.21 cent TP. PE ratio 6 for China companies. Anyway, revenue assume no changes, but coke price in longer term might down towards level of 1,600 - 1,800. This will further shrink the bottomline level.

Agak-agak only.

Posted by jagdish1970 > 2018-05-30 11:23 | Report Abuse

must have the courage to collect now and enjoy in a few months when things get clear. Now everyone panic as everything doesn't look stable and not conducive. Im thinking deep and may take the gamble to go in BIG today...buy and keep for 6 months....anyone in the same mindset ?

Come

1,146 posts

Posted by Come > 2018-05-30 11:32 | Report Abuse

Jagdish, you may take the risk to collect, but don't encourage BIG...good luck ya.

Come

1,146 posts

Posted by Come > 2018-05-30 11:32 | Report Abuse

Somehow quite agree with windcloud..

Tipster

752 posts

Posted by Tipster > 2018-05-30 11:33 | Report Abuse

pricing now is better compared with last quarter.. can buy but slowly buy la....

harlem

317 posts

Posted by harlem > 2018-05-30 11:39 | Report Abuse

Huaan operators are very patient chaps. Nov last year, they took one month to push down from 35.0 to 21.5, on the issue of delisting, despite good Q3'17 result.
On the same token, they will capitalise kaw kaw on this "poor" Q1 result (emphasis on the quotation mark " "), to push Huaan down to low 20s again,
So be patient, get it low, as Q2 is going to be much better than Q1 "poor" result (emphasis on the quotation mark " "). Of course they will spook the market that Q2 will be bad.

Posted by Farizul Fahmi > 2018-05-30 12:13 | Report Abuse

ETP is not the factor (only slight impact)

The Group recorded an operating expenses of approximately RM6.3 million during the quarter under review compared to RM4.1 million in the immediate preceding quarter ended 31 December 2017. Such relatively higher operating expenses was mainly attributed to the payment of gratuity to factory workers as well as expenses incurred for waste disposal and the payment of the new environmental protection tax (ETP).

Posted by Farizul Fahmi > 2018-05-30 12:17 | Report Abuse

The main factor

The cost of sales recorded by the Group during the quarter under review was approximately RM253.7 million as compared to RM246.7 million during the immediate
preceding quarter ended 31 December 2017. Despite the increase in sale volume, the average coal price had remained at approximately RMB1,317 per tonne during both the consecutive quarters in question. The pricing dynamics of coke and coal over the past two quarters have resulted the Group succumbed to a much lower gross profit of approximately RM11.9 million in the current quarter under review compared to approximately RM30 million in the immediate preceding quarter ended 31 December 2017.

windcloud

1,393 posts

Posted by windcloud > 2018-05-30 12:20 | Report Abuse

There are 2 main expenses affecting this qtr, one is gratuity and one is ETP, that's why I use 10 m for each qtr not 5 m. Don't think ETP is slight impact, it base on total pollution volume x the penalty rate per pollution volume. Anyway, margin wise will not be double digit, instead it will single digit. Anyway, all agak agak only.

windcloud

1,393 posts

Posted by windcloud > 2018-05-30 12:28 | Report Abuse

Anyway, ETP need to add waste disposal cost as well as total cost for this pollution control treatment. The more you incurred for waste disposal and pollution control equipment, the ETP penalty might be lower at some amount. But total up it will be some significant expenses to the company. Coke production definitely will have air pollution.

Some listed companies in China doing coke business has in last couple years implemented some changes in their production line towards changes to another business line which will be more favorable to green environment. Another factor you need to take into consideration is that the demand for coke for building construction will be slower down plus govt strict control on pollution will affect the coke business.

Just agak agak.

Tipster

752 posts

Posted by Tipster > 2018-05-30 12:58 | Report Abuse

These simi tax, simi operating expenses are minor, won't affect much to the bottom line. Importantly, have to contain the raw material costs then we will see a surge in the profit.

JokerT

1,391 posts

Posted by JokerT > 2018-05-30 15:45 | Report Abuse

tomororrow up up up

Jackkin

235 posts

Posted by Jackkin > 2018-05-30 16:50 | Report Abuse

Why Superinvestor9 didnt come here today ? where is he hiding now.. talk cock sing song too much, now he lose face already..

whizzkid

1,336 posts

Posted by whizzkid > 2018-05-30 16:59 | Report Abuse

gap up tomorrow? any ideas?

nagachan

669 posts

Posted by nagachan > 2018-05-30 17:08 | Report Abuse

Tomorrow another 6 Sen down. Agak agak only

whizzkid

1,336 posts

Posted by whizzkid > 2018-05-30 17:12 | Report Abuse

noted..hope it will be up though..

GayauQwe

357 posts

Posted by GayauQwe > 2018-05-30 17:31 | Report Abuse

TMI sure up, DJ up 230 points

winwin2288

1,325 posts

Posted by winwin2288 > 2018-05-30 17:43 | Report Abuse

Rebound tomorrow.

GayauQwe

357 posts

Posted by GayauQwe > 2018-05-30 17:58 | Report Abuse

TMI confirm up, already down 6 days

Jhau65

66 posts

Posted by Jhau65 > 2018-05-30 18:31 | Report Abuse

Thanks for OTB excellent pick.

pang72

52,223 posts

Posted by pang72 > 2018-05-30 20:09 | Report Abuse

Niagara water fall has relocated to bursa malaysia!

Poisonivy

168 posts

Posted by Poisonivy > 2018-05-30 20:14 | Report Abuse

Ah long business be at its peak soon, margin call coming with more killing even Dow Jone up no use anymore.... For these coming days

Posted by jarodpretender > 2018-05-30 20:19 | Report Abuse

TMI is what? newbiz

emil

1,428 posts

Posted by emil > 2018-05-30 20:35 | Report Abuse

Latest qtr 1 report shows massive drop in profits..... qtr 2 even worse might show a small Red , TP 18sen.

emil

1,428 posts

Posted by emil > 2018-05-30 20:38 | Report Abuse

Resembling 1997/98 Asian financial Crisis?

Asdf234

16 posts

Posted by Asdf234 > 2018-05-30 21:00 |

Post removed.Why?

Asdf234

16 posts

Posted by Asdf234 > 2018-05-30 21:03 |

Post removed.Why?

Gohhocks

238 posts

Posted by Gohhocks > 2018-05-30 21:10 | Report Abuse

I think for Huaan, probably u need to watch out, with poor Q1 result, very challenging to go back 35-40cents range currently, but downside risk probably warranted, 20-30cents range, unless very clear on Q2 earning or very high average coke price, usually after poorer Q1 result, share will slowing moving down. Please stay alert. Good luck. My thought.

Posted by jarodpretender > 2018-05-30 21:14 | Report Abuse

TMI is what? newbiz

pang72

52,223 posts

Posted by pang72 > 2018-05-30 22:01 | Report Abuse

Fake buffet is real fake

GayauQwe

357 posts

Posted by GayauQwe > 2018-05-31 07:29 | Report Abuse

US rebound 304... Huaan back to 0.36, the Coal said idiot Emil gv information 0.18... Really a pig mind... Bodoh stupid

GayauQwe

357 posts

Posted by GayauQwe > 2018-05-31 09:09 | Report Abuse

Where the pig mind Emil??, I have said that Huaan support 0.30.. Pig mind Emil say 0.18...really bodoh,,, oral tahi

GayauQwe

357 posts

Posted by GayauQwe > 2018-05-31 09:09 | Report Abuse

Otak tahi

winwin2288

1,325 posts

Posted by winwin2288 > 2018-05-31 09:11 | Report Abuse

as told, market is not that bad, still not crushing. good buy for yesterday! haha

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