if u remember i hv mentioned about this JiangQuan HuaSheng group which is liu guo dong's father in law company, huaan are more competitive in coke/coal field becos huaan got 10% lower price to use the railway transportation ( by jiangquan railway) and electric bill ( by jiangquan thermo)
Wow if read this news earlier then huat lo, Jiang xin steel exit the stop production regulation by may2017, so the production boost up means human sales of coke boost up, this is shown in the q2 results which shoot up human to 35c that day
Linyi regulation, stop 50% of capacity by 15/11/17 to 15/3/18 of most steel co except 2 co including huaan brother jiangxin steel whereby they will follow different rules
Coke price closed at rmb 1823 . At this level ,huaan is profitable. If coke price trend not lower low then next bull run could be rmb 3000 for coke price
Pls go read china news, north east is doing cut down air pollution champaign, but huaan and its brother jiang xin steel got exception, production may be lower but still sustainable and outperform others
Longterm investment for sure huaan is very potential...next quarter is also another profitable quarter..price will fly to 0.60 at least..i believe syndicate collecting low now to boost power for 2nd wave..
All syndicates collect cheap few days ago...now is time to rebound...buaya time begin..0.45 1st tp,2nd tp0.50 and 0.60 last tp before next qr come out..hahs
Be patient,will hit crazy soon...haha..so many people buying at 0.275...now dispose those who was buying on T 2...stong support...syndicate will boost up up up...wahahaha...
We refer to our first announcement dated 17 June 2016 and the subsequent announcements on 1 July 2016, 1 August 2016, 1 September 2016, 4 October 2016, 1 November 2016, 1 December 2016, 3 January 2017, 2 February 2017, 13 March 2017, 3 April 2017, 2 May 2017, 15 May 2017, 1 June 2017, 15 June 2017, 23 June 2017, 3 July 2017, 1 August 2017, 5 September 2017, 2 October 2017 and 1 November 2017 respectively.
The Board of Directors of the Company wishes to announce that an application for the upliftment of Hua-An from being classified as an affected listed issuer pursuant to Paragraph 8.03A of the MMLR of Bursa Securities has been submitted to Bursa Securities today.
Bio-coke is the answer to solve any futur environmental impact and maintain high quality product. Japan already using it.. I am sure Huaan is investing in this technology..
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....
bunnypro
213 posts
Posted by bunnypro > 2017-11-07 21:47 | Report Abuse
dun forget huaan got around 17% revenue is from by product ( money made from waste).