Revenue more than halved Loss increased to 10x No material progress from MoU Raw material company diversifying into IT? Poorly managed company, indeed!
Huaan has an excellent core business ie selling metallurgical coke for steel making. Now, expanding into food technology ie TTP with plans to expand 100 outlets in the Asia Pacific region.
Steel is very important for any nation for infrastructure growth. Hence, metallurgical coke is needed to make steel. Clearly, when the lockdown is reopened especially in China, steel and copper prices is going up steadily. Likewise, metallurgical coke price is climbing up. Let's see how Huaan will benefit.
Feel so sad for all the minority shareholder.. This type of "conman" company is very dangerous. Simply announce want to buy some company, then transfer out all the cash from company.
Still many idiot comment Huuan, early i hv inf who so didnt like Huaan, pls go other forum or go to hell , dont came here talk nonsense, especially, Albuk, Tipster, pls go other forum, here for Huaan ppl, we not welcome Foolish ppl as both of u
We hv collect Huaan since drop to 0.03, Huaan target be 0.80. Withon 2years , Huaan will profit, more than 5million , and take over HK Aeroplace, Faber Sdn Bhd Top fruit
I think the market didn't read the recent announcement properly.
Acquisition comes with a profit guarantee of USD3m. Also the Co to be acquired has USD100m in delivery orders and RMB1.6b in purchase orders, subject to confirmation from due diligence.
Co to be acquired is in tech and IoT. Manufactures ultracapacitors, used in the Electric Vehicles industry. Go read the announcement and google ultracapacitor technology.
Been quietly undertaking corp exercises to transform the Co. Of course we don't know if it'll work but at least mgmt has realized the coking coal biz is dead and trying to bring new biz in.
Also the Negeri Sembilan royalty has not sold any shares. Still holds close to 28% in the Co.
Acquisition comes with a profit guarantee of USD3m. Also the Co to be acquired has USD100m in delivery orders and RMB1.6b in purchase orders, subject to confirmation from due diligence.
Co to be acquired is in tech and IoT. Manufactures ultracapacitors, used in the Electric Vehicles industry. Go read the announcement and google ultracapacitor technology.
Helllo... no need talk a lot laaa.. let this stock fly again to 0.650 so I can get back my money laaa.. so those buy low.. just play play get ur profit..dulu ok.. now I just wait n wait lor.. hehehe, if it's rich 0.650 n above.. else I diam saja laaa
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....
12king12
226 posts
Posted by 12king12 > 2020-06-23 08:46 | Report Abuse
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3060724