Short term price stimulus. 1. Upliftment from para 8.03A 2. Funds come in 3. Good 4Q of at least 2 sen EPS (if coke price at least keep at current level) Let us wait for them one by one. Rome was not built in one day.
@harlem... We have concentrated on coke but overlook the IMPORTANCE of Huaan by-products.......
Great job harlem! Continue to post information you glean from the chinese press/websites and post /interprete them here. This helps us who are not chineses-educated.
Investalks there got a thread telling bad things about huaan for its receivable profit and new loan which may has interest in q4 report, pls go and hv a look, nervous now…
Bunnypro,if you know the company is not good at all would u approve the loan for the company?banks are not stupid to release the loan for a company that facing problems unless the company has potential in future..so in my opinion huaan is going to have a great profits with excellent starting from now on...
Seems like there are people who confuse between PN17 and Paragraph 8.03A.
PN17 "The financial condition of a listed issuer on a consolidated basis must, in the opinion of the Exchange, warrant continued trading or listing on the Official List. "
In layman term, it means that a company who has suffered huge financial losses for a long period of time may be issued PN17 whereby the company will be required to submit a plan to Bursa explaining how it plans to turn the company around to profit again.
Paragraph 8.03A (The one impacting Hua-An) "A listed issuer must maintain an adequate level of operations to warrant continued trading or listing on the Official List."
Hua-An was issued with paragraph 8.03A because it leased out its oven in 2016, making it inactive (No operating activity). In order to satisfy paragraph 8.03A and lift this up, the only simple requirement is to have operation activity.
Think for yourself if there is any chance that Hua-An's application will be rejected....
so pity retailers still have Hope Analaysis. all insider already gone la. only retailers push up and push down the price. that's what you get playing with counter that's going to be delisted real soon
SOUR/BITTER GRAPES....these are some of the words I can describe on Uncle Lim........likes 2 spread rumour n giving wrong info...hopefully he will realize his wrongdoings one fine day!
Wow, Q3 rpt is revealing yet another secret. This time it is telling us that annual production has increase from 900,000 tons to 1.6 mil tons (or ovens 4 & 5 alrdy in operation).
But first thanks to bunnypro who earlier mentionded a thread in investalks, which mentioned about increased inventories in Q3 rpt, which in turn hide the secret to be revealed here.
Q1 and Q2 inventories were about the same at 62.5 mil and 63.7 mil, but Q3 inv was much higher at 113.6 mil. Q3 inv have increased by 81% and 78% against Q1 and Q2 inv respectively.
The link http://www.sci99.com/zixun/26282777.html dated 19/10 said linyi yehua factory was full load at 1.6 mil tons. This is an increase of 78% from the qtr report 900,000 tons annual producton. This 78% increased annual production closely MATCH the Q3 inventories increase of 81% and 78% against Q1 and Q2 inv.
Based on the reasoning that any increase of production would bring forth an increase of inventories of about the same proposition, hence from the Q3 increased nventories, conclusion can be drawn that huaan production has increased from 900,000 tons to 1.6 mil tons (or ovens 4 & 5 alrdy in operation) !!
With oct average coke price about rmb2,000 and with the increased vol, huaan can get about 1.5 sen profit in oct. As long as coke margin does not go into negative in nov and dec, with the boost from by-products higher selling prices, Q4 will give very good result ! ......... hold tight bros !!
The oct coke average price of rmb 2,000 is based on linyi yehua region 2nd class coke price 临沂二级治金焦价格 which stretched from rmb 2200 early oct to rmb 1800 by 31/10.
For speculation we use the future price in sina.finance, but for calculation we better use the spot price which is same with the investing.com price,u check the price mentioned in previous qr report it is exactly same with the investing.com
think simple, if you boss of a company suffer losses for many yrs, now starting generate profit, will u let ur share drop? Is time to go back to those glory days!
It went up to .30 last week only. Now can drop till .27. It’s .03 cents difference. Why people are getting excited over this negligible difference? I’ve seen bigger movement in other shares than this.
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....
Ken
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Posted by Ken > 2017-11-11 22:56 | Report Abuse
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