Don't have to wait until upliftmebt. When you buy when uplifted its already too late. Smart investors will get in tomorrow. Typically takes 2 weeks to 1 month for bursa to uplift
Lol. Idiots. China company listed in Malaysia. How many were success stories again? Sorry remind me... #2, have you checked price of coal recently, and tell if the trend is up or down? .... haha you all are gamblers not investors.
Yeah bobthevalueman. So how's your value investing going on ? This guy promoted to buy iwcity in May. "Supported" by rnav if I'm not mistake, during May iwcity is at close to rm2. Today how much. HAHAHAHA. Value investor wor.
wow almost 3% rise, if break 4% that is considered limit up for the future. but how about the coal price now? pls help to check. it is the cost of sales ( raw material) anyway Huaan got an advantages that huaan has own coal washer line, so it just buy the raw material only, this will save 5% cost in the production of coke, so it got multiple factor to make highest profit margin amongst the competitor.
so raw material also rise price, and last time someone ( izzit harlem?) calculated that 1.2 coal make 1.0 coke. anyway coal and coke up in same difference, then the profit margin is the same for huaan. the more important thing is their management to increase the margin, and the sales volume ( depends on the steel production). if huaan can sapu all the demand in shandong while others was forced to cut down 50% production, then huaan will be the big winner in this winter season.
Huaan factory can produce 1.8mil ton coke per year.Currently they only utilize half of their operation line.Now every quarter they can produce 900k ton/4=225k ton per quarter.
Going to fly soon..coke price keep up and break 2000 in a short while...and uplift application has submitted..100% will get approval due to 2quarters huge profits and coming profitable quarters..0.50 is not a problem...
All the positive news are here: 1. Coke price uptrend 2. Coking coal price sustainable 3. Turnaround story (Loss making due to inactivity --> Profit making) 4. Respectable profitability (EPS 1.96/c for Q2 and 3.04/c for Q3) 5. Good valuation. With that kind of EPS, price below rm0.30 means a PE below 10 which is very attractive. 6. Company just submitted application to uplift it's status of being classified as an affected listed issuer pursuant with 99.9% approval (Because Hua An is now profitable) 7. Good prospect as company declared that it is environmental compliant and even the management is optimistic of outlook
Daily fluctuation of 0.5 cents, 1 cents is normal for this stock because it's just rm0.28 per share. As such, 3%-5% daily is also normal. If want to make big money, dumb dumb hold.
Sino Hua-An International Berhad had on 8 November 2017 (yesterday) duly made an application to Bursa Malaysia Securities Berhad (“Bursa Securities”) for the upliftment of the Company from being classified as an affected listed issuer pursuant to Paragraph 8.03A of the MMLR of Bursa Securities and we hope to receive favourable reply from them.
Thank you very much for your concern & we truly appreciate that.
All news now in favour of Huaan like @csl1991 said. Can't think of any news bad to Huaan at the moment. Price will definitely soar in no time. TP 0.50, 0.75, 1.00
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....
Sharkkalaka
50 posts
Posted by Sharkkalaka > 2017-11-08 18:26 | Report Abuse
Wahahaha,today coke price up again... 43 to 1867 wowwww..break to 2000 on the way...