TECHNA-X BERHAD

KLSE (MYR): TECHNAX (2739)

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Last Price

0.085

Today's Change

0.00 (0.00%)

Day's Change

0.085 - 0.085

Trading Volume

4,238,200


10 people like this.

24,126 comment(s). Last comment by Lee Ying Yee 1 week ago

bunnypro

213 posts

Posted by bunnypro > 2017-11-09 14:47 | Report Abuse

wow good management, thx keith han for the update. i did email to antah holding as i got some small biz with them, to tunku's sons, but no reply to me. but i think this antah holding is totally out from core of huaan.

zoizai

1,522 posts

Posted by zoizai > 2017-11-09 14:52 | Report Abuse

Wowo that volume

Posted by Sharkkalaka > 2017-11-09 14:55 | Report Abuse

Hahaha,those who sell at 0.295 and 0.30 will regret later..big volume coming..yeahhhhhh..tomorrow is another good good day

Betta68

2,300 posts

Posted by Betta68 > 2017-11-09 16:27 | Report Abuse

Yeh right, T+ 70 i guess,,,,,

bennylim8

12 posts

Posted by bennylim8 > 2017-11-09 16:36 | Report Abuse

FYI. My 6th round on Huaan all sold @ 29ct and 29.5ct.

bunnypro

213 posts

Posted by bunnypro > 2017-11-09 16:37 | Report Abuse

buffett888 always the smartest, made 6 rounds of money d, congratulation!

thinkfirst

3,146 posts

Posted by thinkfirst > 2017-11-09 16:59 | Report Abuse

waiting for good news for bursa to lift RULE 8.03A COMPANIES

singunsin

529 posts

Posted by singunsin > 2017-11-09 17:05 | Report Abuse

respect those making money, i am not yet make any profit.

leechen88

292 posts

Posted by leechen88 > 2017-11-09 18:46 | Report Abuse

Correction will happen as coke price dropped from peak today1940 to rmb 1839.

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-09 20:13 | Report Abuse

goreng counter only. heard bursa reject the documents

Betta68

2,300 posts

Posted by Betta68 > 2017-11-09 21:11 | Report Abuse

Somebody did not clean his ears....

ilovehits

3,955 posts

Posted by ilovehits > 2017-11-09 21:35 | Report Abuse

Reject your head!

csl1991

245 posts

Posted by csl1991 > 2017-11-09 21:37 | Report Abuse

@Uncle_Lim Mind sharing your source?

Cnlim

494 posts

Posted by Cnlim > 2017-11-09 22:23 | Report Abuse

He is the one who reject the document in his dream

Posted by Sharkkalaka > 2017-11-09 22:38 | Report Abuse

hahaha,dont angry la..we know he make nonsense..where got so fast know the result since submitted yesterday...as what i know huaan sure will get approval soon due to 2strong quarter results..and coming quarter will be the same..maybe stronger than 2quarters before..so 0.50 is for sure especially when next quarter result is out...

Winmore88

1,165 posts

Posted by Winmore88 > 2017-11-09 22:45 | Report Abuse

tmr continue to up

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-10 00:10 | Report Abuse

Need to share meh ? Same script, 2016 last time kena rejected once. This time confirm delist. Solid info from bursa inside

singunsin

529 posts

Posted by singunsin > 2017-11-10 05:31 | Report Abuse

Reference is made to Hua-An’s announcement on 4 March 2016 in respect of the Waiver Application.

The Board of Directors of Hua-An wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has vide its letter dated 16 June 2016 informed the Company of its decision to reject the following after due consideration of all facts and circumstances:-

(i) The Waiver Application; and

(ii) The Company’s appeal to Bursa Securities to accord it with an extended period of 24 months (from the date of Bursa Securities decision) to either recommence its coke operations or submit a regularisation plan, in the event the Waiver Application is rejected.

As such, Hua-An is now being classified as a Paragraph 8.03A Company.

This announcement is dated 17 June 2016.


24 months period. Company resume within 12 months, looking good now. ^^ don't worry let's sail together.

Posted by Sharkkalaka > 2017-11-10 08:01 | Report Abuse

Hahaha...solid info wo...2016 kena rejected is because no improvement sure kena..now is different...if u got so much of info i think u no need to comment here,earn a lot from those info le since u know well all the bursa people..kakaka

Cnlim

494 posts

Posted by Cnlim > 2017-11-10 08:11 | Report Abuse

At least objective comment n not simply compare with 2016 which they are losses n after 2quarter of profitable profit in 2017

bunnypro

213 posts

Posted by bunnypro > 2017-11-10 08:25 | Report Abuse

Another reason why huaan got so much exemption at china is that the jiang quan group owe bank 20b loan, if their jiangxin steel was forced to cut down production they cant pay the monthly instalment, the bank has the risk to bankrupt as bank using money by selling bond. This almost happen in 2015 when they shut down jiangxin steel and huaan.

leechen88

292 posts

Posted by leechen88 > 2017-11-10 08:51 | Report Abuse

Rmb 1818 down lagi

csl1991

245 posts

Posted by csl1991 > 2017-11-10 08:55 | Report Abuse

@Uncle_Lim Damn dude...Don't dump rubbish info here. Show facts and good reasoning. Did you queue at 0.265 a few days ago, didn't get, and now sour grape?

Ken

678 posts

Posted by Ken > 2017-11-10 09:58 | Report Abuse

Someone don't buy a single share but like to 搞搞震,冇帮衬

Keith Han

411 posts

Posted by Keith Han > 2017-11-10 10:15 | Report Abuse

= ( ... D one q 0.265 is me... T.T

Ken

678 posts

Posted by Ken > 2017-11-10 10:48 | Report Abuse

The coke price for October is around rmp 2,000.Actually huaan already earn at least 1 ct in October

leechen88

292 posts

Posted by leechen88 > 2017-11-10 13:34 | Report Abuse

Oct average coke price less than rmb 1800 : weak earning

Ken

678 posts

Posted by Ken > 2017-11-10 13:44 | Report Abuse

From 1.10.17~31.10.17, average coke price is rmp 2,017

Ken

678 posts

Posted by Ken > 2017-11-10 13:50 | Report Abuse

The most important is price different between coke & coking coal.If price different is less than around rmp 500,then huaan hardly earn any profit

leechen88

292 posts

Posted by leechen88 > 2017-11-10 13:56 | Report Abuse

Coke price for oct highest is 1945 closing price , lowest is around 1683 rmb

Ken

678 posts

Posted by Ken > 2017-11-10 14:24 | Report Abuse

https://m.investing.com/commodities/metallurgical-coke-futures-historical-data
You type historical data from 1.10.17 to 31.10.17,then you can see average price at bottom

leechen88

292 posts

Posted by leechen88 > 2017-11-10 14:30 | Report Abuse

Heiiiiii don't trust me. Investing.com not accurate please go to 文化財經see the real live price

harlem

317 posts

Posted by harlem > 2017-11-10 15:23 | Report Abuse

We have concentrated on coke but overlook the IMPORTANCE of Huaan by-products.

As coke price came down in Q4, coke profit margin in Q4 will be lower than Q3.
However this lower coke profit will be offset in large part by the by-products.This is because
(1) by-products is a BIG profit contributor to Huaan and
(2) unlike coke price which has slided in Q4, by-products prices keep going up in Q4 !!

Huaan Q2 and Q3 gross profit are 26 mil and 42 mil respectively. For the Q3 extra 16 mil gross profit, 9.5 mil is contributed by the coke better margin while the other 6.5 mil is contributed by the by-products better margin. That mean by-products contributed 40% of 3Q extra profit !!

Huaan biggest by-product is tar (> 50%), then follow by crude benzene and ammonia sulphate.
http://www.sinohuaan.com/productions.html

Based on the coal tar and the crude benzene indexes, coal tar and crude benzene prices keep on going up in Q4.
http://www.sci99.com/zixun/26282777.html <- Linyi Yehua coal tar price on 19-10-2017
http://www.sci99.com/tag/7235-21097.html <- coal tar index (chart) 煤焦油
http://index.sci99.com/coalchem-760.html <- coal tar index
http://index.sci99.com/coalchem-778.html <- crude benzene index 粗苯

So we expect the by-products to bring in bigger profit in Q4.

Based on the fact that by-products is a big profit contributor and their prices go up further in Q4, the following Q4 earning forecasts are made.

(i) If Q4 coke margin is less than Q3 but better than Q2, then EPS = 3.0 sen
(i) If Q4 coke margin is same as Q2, then EPS =2.5 sen
(ii) If Q4 coke margin is slightly less than Q2, then EPS = 2.0 sen

harlem

317 posts

Posted by harlem > 2017-11-10 15:24 | Report Abuse

If we factor in that oven 4 & oven 5 already in operation (see http://www.sci99.com/zixun/26282777.html) and start to bring in revenue, then expect Q4 EPS = 4.0 sen and above !!

bunnypro

213 posts

Posted by bunnypro > 2017-11-10 15:34 | Report Abuse

wow thx for the info harlem!
but shandong is on this winter cut down regulation from 15/11/17-18/3/18, not sure the oven 4-5 can open onot

marzuq

45 posts

Posted by marzuq > 2017-11-10 16:53 | Report Abuse

Heard rumors about Huaan. Not good story.

bunnypro

213 posts

Posted by bunnypro > 2017-11-10 17:02 | Report Abuse

marzuq, mind to share? im nervous now

harlem

317 posts

Posted by harlem > 2017-11-10 18:49 | Report Abuse

@bunnypro, it is ok if oven 4 & 5 not open yet, only that need to take longer to reach 1.00. If they are open now, aftet q4 qtr rpt, it will be high speed rail to 1.00 !

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-10 18:57 | Report Abuse

better run before your money burn. already confirm, document sent rejected for the second time. if my bursa top level person tipu me, then i tipu u all la..

Posted by Christopher Toh > 2017-11-10 18:59 | Report Abuse

Boss! bila nak goreng?

ilovehits

3,955 posts

Posted by ilovehits > 2017-11-10 19:02 | Report Abuse

Confirm your head!

tokohM

432 posts

Posted by tokohM > 2017-11-10 19:46 | Report Abuse

Don't simply create havoc here

Keith Han

411 posts

Posted by Keith Han > 2017-11-10 19:53 | Report Abuse

Hm.. document just submit Wednesday.. already know it rejected again can spread to third party ? Bursa do work so cincai already.. Besides that , what the reason reject their document .. as I know what lack just a simple paper work of document submit.. They already start run their core business more that half year ... Doesn't make any sense. = (

ilovehits

3,955 posts

Posted by ilovehits > 2017-11-10 19:54 | Report Abuse

He always talking nonsense. If you believe him 1% also can die.

ilovehits

3,955 posts

Posted by ilovehits > 2017-11-10 19:54 | Report Abuse

Haha..

Posted by Sharkkalaka > 2017-11-10 23:17 | Report Abuse

This time is the time to get approval...if not company wont doing so much work for extension period of delisted,improve core business and make profits for business...next week will announce the results..so everyone get ready to flyyyyyy...

leechen88

292 posts

Posted by leechen88 > 2017-11-11 06:29 | Report Abuse

Rmb 1785 for coke price. Drop sharply, at current price one word only say Bokangtao. Means no profit margin

Betta68

2,300 posts

Posted by Betta68 > 2017-11-11 19:54 | Report Abuse

One of bursa malaysia condition to Huaan to get out from PN17 is to restart his business which he did for the last 2 QR.. this one is easy..

Betta68

2,300 posts

Posted by Betta68 > 2017-11-11 19:56 | Report Abuse

The important for Huaan is to maintain a profitable business, which i guess he already show that, just hold and wait the next QR in January of Feb 18, if coke price keep its level, Huaan is going to score a 3rd profitable quarter, share may by tgen reache 0.6

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