Do u all know what is coke n coal? Coke is huaan revenue n coal is huaan cost of sales . Today 19/10 their differences is 1002 if this situation can be maintained feb 2019financial result will be another 40m at least.
Let’s wait n see ..... I use 95% of last year volume times rmb 2200 coke price times 0.618 currency conversion times 15% profit margin : - 40m profits.... hope I wrong this time otherwise huaan will fly to new high this time
Coke prices seemed to have rebounded in mid Oct after its price have weakened towards end of Sept. If Coke prices can again move to re-test the historical high achieved between early Aug and early Sept, then we can expect a good run of strong margins next year.
Today, the mkt is focussed mainly on My Eg Services. As I predicted, it is up sharply, chased higher by punters.
Hua An is taking a back seat. In order to be noticeable, Hua An has to remain in visible position(eg top 20s). So, the goreng master churns down slightly to create the vol.
Anyway, China and HK mkts are up. I am not particularly worried. Only those who hold HSI put warrants need to worry a lot...
Well, when I mentioned 29 sen to sell in my earlier posting, it was derived conservatively from my chart analysis. A lot will depend on mkt conditions and the actual outcome of the last quarter's result.
I think this is achievable, if the result does not disappoint. If you are worried, you may sell at 27 sen currently for a 17%(instead of 26%) profit. Still considered not too bad.
This is a personal decision that you must make yourself. I hope this helps..
Mkts are just weak. Most regional mkts(including HK and china mkt) are down quite badly. So, the goreng master has decided to churn down to test the mkt..
There could be some induced selling from contra or weak holders.
25.5/26 sen. It closed above the resistance-turned-support price of 25 sen. Hang Seng is down 806 points. Let's see if there's any oversold rebound in the next 2 days.
I was thinking if it goes down to 23 sen, I can top up more. But the goreng master did not grant my wish. At 23 sen, I reckon that the risk-reward ratio is just good at current level.
When compared to My Eg Services which is down 10 sen today, this market operator of Hua An has a relatively easier job. There are no short sellers to push down the counter, except the operator's own doing.
What to do? This forum thread is in dire need of a good driver. But this is taking too much of my time. Hope to see more quality contributions.
Last night, I was watching CNBC for the live coverage of the US markets. Dow was down as much as 548.62 points at session low, before bouncing back strongly to close only 125.98 points lower. It managed to finally close above 200 day moving average, which is a good sign if this can be maintained at least over this month. October is usually a lousy month where stocks would fare badly.
A lot of pp only know how to sigh on a down mkt. For me, I study how the goreng master makes the moves. Very high level of learning, not available in any financial books...
The goreng master is very "bullish". He signals to us that whoever panicks about tonight can sell up to 1m shares to him. Of course if we throw 1m shares(which he knows it is highly likely for small fries like us), he will quickly remove his remaining buy queues. Lol.
That is why I said the goreng master operated in a safe zone - away from 23 sen...most could have missed buying too, if not queued at 23.5 sen...
----------------------------------------------------------------------------------- I can see the goreng master still churning vol at 23.5 sen....a safe zone for him... 25/10/2018 10:39
Stock price has been battered and bruised, but coke price continues to stay strong and resilient. There is still hope for this stock. I recall Guan Chong, when its cocoa commodity price was trading at its low while its stock price battered down to 0.9x a few years ago, but it has now recovered to 2.2x. Have faith!
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....
leechen88
292 posts
Posted by leechen88 > 2018-10-19 22:12 | Report Abuse
Do u all know what is coke n coal? Coke is huaan revenue n coal is huaan cost of sales . Today 19/10 their differences is 1002 if this situation can be maintained feb 2019financial result will be another 40m at least.