Some is trader, some is investor, trader take short term profit, investor wait till real profit. Can't condemn everyone, different ppl different strategy. Good 3rd qr result ahead with metallurgical coke still average above 2000rmb. Somehow if this counter up everyone happy, let's cheers for this counter =D
Shandong Linyi Yehua Coking Co., Ltd. coal tar factory price 3100 yuan / ton, up 100 yuan / ton, really simple talk, shipping normal. The plant 1.6 million tons of coke oven, started at full load, low inventory. 山东临沂烨华焦化有限公司煤焦油出厂报价3100元/吨,上调100元/吨,实单详谈,出货正常。该厂160万吨焦炉,开工满负荷,库存低位。 http://www.sci99.com/zixun/26282777.html
If as at 19.10.2017, 1.6 million tons oven in full load, that mean oven 4 & 5 already recommenced operation and huaan is not affected by the state winter production control starting from 1/10/17 till 31/3/18.
If the report is accurate, that mean production and profit will be double. Look like 1.00 is not a dream after all.
Oven 4 & 5 recommenced about early Aug, which almost double its 2Q production volume. Coupled with the high coke prices in 3Q, huaan earning in 3Q should be good. My guess is 3Q eps conservatively at 3sen, highly possible above 3.5 sen.
when the price don't move, say market will crash..and market goes higher to the north. when the company making loss, say bye-bye..and the company make profit. when company making profit, say it's china company..
if you are really knowledgeable, provide some good writing rather than just bashing without basis. lame.
@singunsin, earning not as high as I expected, but still not bad at 3 sen.
I have factored in increased volume by recommencing of oven 4 & 5, based on sci report. http://www.sci99.com/zixun/26282777.html . But there is no increase of sale volume in Q3.
Maybe they need some time for products to roll out after recommencement, just like in 1Q, where after take back production in Feb, 1Q volume is very low. If that is the case, then we shall see increase volume in Q4 for the oven 4 & 5 loads (Sci is supposed to be reliable data source)
singunsin, I told you it is a fantastic company to invest. But you kept saying non sense until the rest is scared to invest. No wonder zoomsbooms said you are lame.
Hanwen Yeh sifu, wow your prediction come true, i left 2500lot only, quite sad, my fund stucked at novamsc already (chase high at 0.125), think shud cut loss there tomorrow morning and buy back huaan
@harlem TQ for your analysis, ur effort really give investors a peace of mind. Current Coke and Coal price margin is around 500-600 consider good profit zone. as long as continue stay like this. another worry is the government control on the environment issue. Where we can know if they is a stop production call?
Very good results, but what I like most is this statement by the company to the effect that ---
1) China govt is strictly enforcing anti-pollution policies, thereby mothballing old, polluting steel plants 2) Above result in a better supply-demand balance in the industry, with a more sustainable margin all round 3) Huaan is a beneficiary of the above trends because its plants are compliant with the new pollution standards
First time in a long while, Huaan sounded in a positive note:- ".... The above situation augurs well for those subsisting and compliant plants (such as ours) as operating environment .... improve.... and favourable in the years to come"
My interpretation: the turnaround witnessed in the last 2 quarters is SUSTAINABLE!!
@singunsin, the state production control affect different companies differently. If you believe sci data is accurate, u may subscribe to them. Sci will tell u the company production volume and the production cut.
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....
singunsin
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Posted by singunsin > 2017-10-20 17:05 | Report Abuse
where is 0.2