Blue skies sport check escalating to next level seriously. Due to this , coke’s output volumn was been limited and cause the price for next high level .
If wan to check coke price please check 现货 price.. not future price..
Beside that, coal price also important. Coal 现货 price quite much different with future price.. basically remain 1400- 1500 rmb but future price float from 1100 - 1300 last few month.. it is the reason cause last qr get bad result becAuse coke 现货 trade below 2000rmb while coal 现货 at 1400 above...
The problem with this counter is the company is slack in performance updates, other than the quarterly result release. Most of the time, investors/punters need to guess its performance and most, if not all, get it wrong.
Huaan is currently still flushed with green chips with strong retailers selling. Unless there are red chips bankers to push the price, it is pretty much on sideways in short term.
Well, let's analyse what has happened between Jan 18 and Aug 18? Many things had happened in these 7 months: 1. Most asian stock mkts had peaked in Jan 2018. And most mkts have since retraced quite substantially, esp China and HK mkts; 2. Trump and his tariff measures against China(esp steel products); 3. The profit for this company had plunged, based on its last quarterly report and lots of punters/investors got disappointed with the management.
This counter was ramped up high in Jan 18 by the main operator, riding on the excess optimism of some promotors(plus operator's runners with super high target prices) and scores of speculative punters. But where are these promotors and punters now? Mostly missing in action.
Malaysian mid cap mkt has been weak lately, eg some punters got burnt by Sapura Energy. With this backdrop, will operator want to push higher in this mkt? Not now at least.
Currently, the share price is still supported by its NTA per share. I reckon it would be sideway trading for now, with a slight downward bias, due to external factors.
On the lighter side, somebody asks me where the speculative punters have disappeared to. I say, u go to Sapura Energy thread now and u can see plenty of them. He laughs...
Just a little joke to liven the mood in this dowm mkt. Haha...
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....
MoneyMachineGun
279 posts
Posted by MoneyMachineGun > 2018-08-17 00:08 | Report Abuse
good luck for those that believe.