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

122,000


10 people like this.

24,151 comment(s). Last comment by Lee Ying Yee 2 days ago

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-01 10:21 | Report Abuse

Bought it ! worth to buy

tehka

1,928 posts

Posted by tehka > 2018-08-01 14:01 | Report Abuse

i wish those remain here all the best and hope everyone make money.
good luck!

Jackkin

235 posts

Posted by Jackkin > 2018-08-02 01:17 | Report Abuse

Checl out the major shareholders of Huaan below, you will know why Huaan price has big support, Follow the big guys, dont listen to some nonsense traders who come here to talk shits all the time..
https://klse.i3investor.com/servlets/stk/annchnsh/2739.jsp

Crasd123

729 posts

Posted by Crasd123 > 2018-08-02 05:47 | Report Abuse

No attachment, u sleeping ka??

Tipster

752 posts

Posted by Tipster > 2018-08-02 07:31 | Report Abuse

Got change in shareholdings from the big boys?

amet2017

3,150 posts

Posted by amet2017 > 2018-08-02 08:16 | Report Abuse

Mesti ada sebab mereka mengeluarkan laporan kewangan lebih awal.

matg

998 posts

Posted by matg > 2018-08-02 11:22 |

Post removed.Why?

Posted by MoneyMachineGun > 2018-08-02 11:33 | Report Abuse

0.23 coming already gone case

malinfan

698 posts

Posted by malinfan > 2018-08-02 11:50 | Report Abuse

buy..buy..buy ... it's very cheap now... i alrdy sleep all in d' ....lol'

Crasd123

729 posts

Posted by Crasd123 > 2018-08-02 12:05 | Report Abuse

Que 0.22

LRew

1 posts

Posted by LRew > 2018-08-02 12:17 | Report Abuse

Queue 0.09, come come faster

matg

998 posts

Posted by matg > 2018-08-02 12:32 | Report Abuse

Strong support at 0.28.. if broke can wait at next support of 0.25 and 0.23

mauls

1 posts

Posted by mauls > 2018-08-02 12:36 | Report Abuse

Strong support at 0.20. if broke can wait at next support of 0.135 and 0.155. GOOD LUc4

Posted by MoneyMachineGun > 2018-08-02 13:09 | Report Abuse

nothing to see for 4 months so this stock won't be in play,look for other stock

Posted by MoneyMachineGun > 2018-08-02 13:09 | Report Abuse

lots of good stocks entering earnings reporting season

Posted by 1519378884747574 > 2018-08-02 15:11 | Report Abuse

TOKYO (Reuters) - Asian stocks tumbled on Thursday as the latest escalation in the Sino-U.S. trade war hit Chinese shares, while global bond markets were rattled by increased borrowing by Washington and Japan's new tolerance for higher yields.

European shares are expected to fall, with financial spread-betters see Britain's FTSE, France's CAC, Germany's DAX opening 0.4 percent lower.

Japan's Nikkei declined 1.1 percent while MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.5 percent, dragged down by a 2.2 percent fall in Chinese H-shares.

The CSI 300 index of China's A-shares dropped 3.0 percent to 2,741, near its 1 1/2-year low of 2,691 set on July 6. Shares of export-dependent electronics firms fell 4.1 percent.

Hong Kong's Hang Seng Index fell 2.5 percent to 10-month lows while an index of Chinese start-up firms sank 3.5 percent to its lowest level since January 2015.

"Market sentiment was dampened by renewed trade war fears," said Zhang Quan, an analyst at Huaan Securities. "But investors need not be overly pessimistic as China is taking steps to hedge the risks from trade frictions with the United States, including monetary and fiscal policy easing."

The U.S. administration on Wednesday increased pressure on China for trade concessions by proposing a higher 25 percent tariff on $200 billion worth of Chinese imports.

"If it had not been for the sideswipe on trade, markets would have been in much better shape this week. Apple's earnings were super, helping to quell concerns about high-tech companies," said Hirokazu Kabeya, chief global strategist at Daiwa Securities.

"The BOJ's policy tweaks weren't much of a tightening, and did little damage," he added.

MSCI's gauge of stocks across the globe is down 0.45 percent so far this week, reversing gains from the previous four weeks, with Chinese shares accounting for the bulk of that.

On Wall Street, the S&P 500 lost 0.10 percent on Wednesday, but the Nasdaq Composite added 0.46 percent to extend its recovery from Monday's three-week low.

While industrial stocks fell 1.3 percent on trade worries, technology shares were boosted by strong earnings from Apple (NASDAQ:AAPL).

The world's largest company by market capitalization rose 5.9 percent, boosting its value to close to $1 trillion.

The Federal Reserve kept interest rates unchanged on Wednesday, as expected, characterizing the U.S. economy as strong and staying on track to increase borrowing costs in September and likely again in December.

While that surprised nobody, U.S. bond yields rose, with the benchmark 10-year yields breaking above 3 percent to 2-1/2-month highs, after the U.S. Treasury said it would boost borrowing in the bond market in the coming quarter.

LOOSENING GRIP

Global bond markets were also rattled by sharp rises in Japanese bond yields since the Bank of Japan loosened its grip on long-term yields on Tuesday.

The 10-year Japanese government bond yield rose to a 1-1/2-year high of 0.145 percent. It last stood at 0.120 percent. The BOJ conducted an unplanned buying in 10-year JGBs in the afternoon, curbing rise in the yields.

Worries that higher yields in Japan may prompt Japanese investors to repatriate funds hit European bonds, boosting German and French yields to seven-week highs on Wednesday.

In the foreign exchange market, major currencies were little moved.

The euro changed hands at $1.1650, while the yen stood at 111.56 yen to the dollar.

The British pound was steady at $1.3101 ahead of an expected rate hike by the Bank of England later in the day.

The Chinese yuan held relatively stable at 6.8308, almost flat on the day.

Oil prices climbed a tad after two days of heavy losses on a surprise increase in U.S. crude stockpiles.

Brent crude futures rose 0.3 percent to $72.63 per barrel after a 2.5 percent fall the previous day.

U.S. West Texas Intermediate (WTI) crude futures edged up 0.2 percent to $67.78 a barrel after Wednesday

CITADEL

1,867 posts

Posted by CITADEL > 2018-08-02 15:15 | Report Abuse

how huaan fanboys doing?still holding hope it will go up to 0.6?

Posted by MoneyMachineGun > 2018-08-02 15:22 | Report Abuse

going below 0.20

Jebard

660 posts

Posted by Jebard > 2018-08-02 15:24 | Report Abuse

wait some at 0.28. if broke put some at 0.25 and reserve some cash if dropping less that 0.25.

malinfan

698 posts

Posted by malinfan > 2018-08-02 15:47 | Report Abuse

0.60 sen no meat ... i wait for 0.80 sen better

paloma

81 posts

Posted by paloma > 2018-08-02 16:03 | Report Abuse

malinfan, keep drop u dare to buy????

Tipster

752 posts

Posted by Tipster > 2018-08-02 16:50 | Report Abuse

buy!

Posted by MoneyMachineGun > 2018-08-02 16:52 | Report Abuse

finished already this redchip

Crasd123

729 posts

Posted by Crasd123 > 2018-08-02 18:27 | Report Abuse

Target 0.25

shamazia

64 posts

Posted by shamazia > 2018-08-02 18:29 | Report Abuse

If market green tomorrow...tp 0.3 above

Ratman

520 posts

Posted by Ratman > 2018-08-02 19:29 | Report Abuse

This counter is hard to play .good luck to those holding it ,.

Posted by DearFion$$$ > 2018-08-02 19:47 | Report Abuse

the coke price is nice, but I think need some time to wake up. shot, holding quite many lots

Come

1,146 posts

Posted by Come > 2018-08-02 21:25 | Report Abuse

Careful of trap...downtrend...beware..

Michael Kwok

6,504 posts

Posted by Michael Kwok > 2018-08-03 00:36 | Report Abuse

One thing please buy something that not yet move with just 50 million in value.Orion IXL and Psiptek. Wait for 2-4 months.If it do not move sell it.

Crasd123

729 posts

Posted by Crasd123 > 2018-08-03 06:46 | Report Abuse

Psiptek already 10years not move

jcpy

216 posts

Posted by jcpy > 2018-08-03 08:38 | Report Abuse

DearFion$$$, i could not agree more with your comment. Coke price is surging high, probably due to effects of trade wars. Better average margins could be seen in 3rd quarter, if the coke price remain high.

Jebard

660 posts

Posted by Jebard > 2018-08-03 10:25 | Report Abuse

when huaan price wanna drop. i patiently wait some at 0.27 to test the water.

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-03 11:20 | Report Abuse

buy buy buy !

Ask_Check

79 posts

Posted by Ask_Check > 2018-08-03 13:09 | Report Abuse

1. The company purposely release poor QR early
2. Blue skies environmental sport check cause the coke price hike .
3. What would you react ?

Michael Kwok

6,504 posts

Posted by Michael Kwok > 2018-08-03 18:28 | Report Abuse

Excuse me.Coal price increase in a faster rate thn metallurgical coke.See the chart.Although, it still make profit by huaan. No use.Its cyclical stocks.(Mean seasonal stocks).Sell at over 40 over cent already.

Posted by MoneyMachineGun > 2018-08-03 19:54 | Report Abuse

Michael cock don't lie, you got caught during plunge at q1 and the price never recover to above 0.40. you cutloss big time and loss heavily and you becoming crazy talking nonsense already now

Posted by DearFion$$$ > 2018-08-03 20:43 | Report Abuse

mmg, what do u think about this counter? got hope?

Come

1,146 posts

Posted by Come > 2018-08-03 23:37 | Report Abuse

No hope...don't buy..A lot trapped..cut loss

harlem

317 posts

Posted by harlem > 2018-08-04 00:38 | Report Abuse

If really must buy, wait at least one more mth as Huaan operator has the habit of pressing down for one mth plus.
But eventually 20 sen will be coming as coke are being sold CHEAP CHEAP !!

Ask_Check

79 posts

Posted by Ask_Check > 2018-08-04 12:27 | Report Abuse

1.They are sold below market price for last 2 quarters.

Posted by 1519378884747574 > 2018-08-04 14:18 | Report Abuse

Start from July till today average price 2100.
Now standing at 2300
https://m.investing.com/commodities/metallurgical-coke-futures-historical-data

Posted by 1519378884747574 > 2018-08-04 14:20 | Report Abuse

April till 30th june ending is average at 1800. Not they sell below market. Study la bro before cakap

kkl123

1,521 posts

Posted by kkl123 > 2018-08-04 14:35 | Report Abuse

agreed .april is lowest.1600 only.coke price rebouded on mid may .june ave 2100.june make money but cover april lost. Take Q3 ave selling price 2100. profit targeted 40million

kkl123

1,521 posts

Posted by kkl123 > 2018-08-04 14:38 | Report Abuse

see coke future price 2357 today.ave selling price 2100 is on low side

Posted by MoneyMachineGun > 2018-08-04 15:22 | Report Abuse

@dearfion.if the company do business properly should be a good quarter but problem is after doing analysis deep into huaan I found that one of the major shareholder in China owns a company in China where he uses this company to buy cheap products from huaan which dampen earnings

Posted by MoneyMachineGun > 2018-08-04 15:23 | Report Abuse

for his personal gains,so as to whether good margins would they be making good money or just another normal quarter

Posted by MoneyMachineGun > 2018-08-04 15:26 | Report Abuse

also hbi is now the hot item where steel Miller's are buying which is why the coke is not so much in demand.that explains the big drop in revenue.as to whether huaan coke can sustain or not,only this coming quarter will determine if the demand can sustain or might shrink further

Posted by MoneyMachineGun > 2018-08-04 15:28 | Report Abuse

do some research on hot briquette iron known as HBI will explain why huaan revenue shrank.coke is not really the only thing that steel Miller's need

Posted by MoneyMachineGun > 2018-08-04 15:30 | Report Abuse

so my advice is buy at around the 0.215 mark would be a safer bet

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