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

leechen88

292 posts

Posted by leechen88 > 2017-11-12 05:25 | Report Abuse

Misleading information

astalavista

2,278 posts

Posted by astalavista > 2017-11-12 11:51 | Report Abuse

Let is be misleading...drops more then collect more :)

harlem

317 posts

Posted by harlem > 2017-11-12 15:21 | Report Abuse

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.

eskaylien

84 posts

Posted by eskaylien > 2017-11-12 19:09 | Report Abuse

@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.

bunnypro

213 posts

Posted by bunnypro > 2017-11-12 20:28 | Report Abuse

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…

harlem

317 posts

Posted by harlem > 2017-11-12 22:56 | Report Abuse

Thanks eskaylien, glad u find it helpful.

Posted by Sharkkalaka > 2017-11-13 02:24 | Report Abuse

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...

csl1991

245 posts

Posted by csl1991 > 2017-11-13 10:30 | Report Abuse

Next catalyst would be Bursa's approval of Huaan's regularisation plan. Wait for that...

tokohM

432 posts

Posted by tokohM > 2017-11-13 11:45 | Report Abuse

looks like gone

csl1991

245 posts

Posted by csl1991 > 2017-11-13 14:16 | Report Abuse

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....

Betta68

2,300 posts

Posted by Betta68 > 2017-11-13 14:45 | Report Abuse

It wont be rejected, as Huaan comply with para 8.03A..

Posted by investorwannabe > 2017-11-13 16:19 | Report Abuse

When will we know the result? very slow la

klck23

623 posts

Posted by klck23 > 2017-11-13 17:03 | Report Abuse

yes when?

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-13 17:35 | Report Abuse

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

Ratman

520 posts

Posted by Ratman > 2017-11-13 19:08 | Report Abuse

Looking at Uncle Lim comment , feel nervous .

Keith Han

411 posts

Posted by Keith Han > 2017-11-13 19:52 | Report Abuse

For Paragraph 8.03A.. as long management got follow up submit document Bursa request .. not much issue lah..

kingcobra

2,772 posts

Posted by kingcobra > 2017-11-13 20:48 | Report Abuse

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!

harlem

317 posts

Posted by harlem > 2017-11-14 09:49 | Report Abuse

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 !!

bunnypro

213 posts

Posted by bunnypro > 2017-11-14 10:09 | Report Abuse

Thx harlem! Really appreciate your contributions, now im not so nervous d, just wait for the big angpao from huaan cny 2018!

harlem

317 posts

Posted by harlem > 2017-11-14 10:21 | Report Abuse

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.

bunnypro

213 posts

Posted by bunnypro > 2017-11-14 10:31 | Report Abuse

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

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-14 13:24 | Report Abuse

this company no private placement, all banker chip already gone. but retailers everyday collect. lol

zoizai

1,522 posts

Posted by zoizai > 2017-11-14 13:29 | Report Abuse

Once uplifted , fund will come in.

csl1991

245 posts

Posted by csl1991 > 2017-11-14 15:05 | Report Abuse

@Uncle_Lim Retailers enter first. Then fund come in = Smart.
Fund comes in first. Then retailers enter = Stupid.

singunsin

529 posts

Posted by singunsin > 2017-11-14 15:05 | Report Abuse

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!

anson8222

915 posts

Posted by anson8222 > 2017-11-14 16:22 | Report Abuse

BUY or bye-bye...

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-14 17:45 | Report Abuse

csl1991 : "if fund come in" . lol

Posted by Christopher Toh > 2017-11-14 18:55 | Report Abuse

waiting for 0.20...

astalavista

2,278 posts

Posted by astalavista > 2017-11-14 19:31 | Report Abuse

For sure approve...by this week

Posted by investorwannabe > 2017-11-14 20:27 | Report Abuse

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.

anson8222

915 posts

Posted by anson8222 > 2017-11-14 23:14 | Report Abuse

@astalavista, yar, hopefully this week if the BURSA ppls really work hard. ^O^

leechen88

292 posts

Posted by leechen88 > 2017-11-15 09:08 | Report Abuse

Coke price dropped sharply last night to 1780 downed rmb70, those t4 today sell fast at morning season , afternoon time could be lower its price

Betta68

2,300 posts

Posted by Betta68 > 2017-11-15 09:24 | Report Abuse

Now is time to collect at 0.27. tp 0.37 in short term.

leechen88

292 posts

Posted by leechen88 > 2017-11-15 09:54 | Report Abuse

How to up ? Coke price down lagi today 1773 now

anson8222

915 posts

Posted by anson8222 > 2017-11-15 10:53 | Report Abuse

This stock will pulling up suddenly so for those who interested, u may take this opportunity to collect wen it still low.

zoizai

1,522 posts

Posted by zoizai > 2017-11-15 11:48 |

Post removed.Why?

bursa007

86 posts

Posted by bursa007 > 2017-11-15 12:04 | Report Abuse

buy more when it down

leechen88

292 posts

Posted by leechen88 > 2017-11-15 12:08 | Report Abuse

25 soon

anson8222

915 posts

Posted by anson8222 > 2017-11-15 12:09 | Report Abuse

Becareful, sharksss still around.

Woot2

306 posts

Posted by Woot2 > 2017-11-15 12:28 | Report Abuse

aiyoyoyo

anson8222

915 posts

Posted by anson8222 > 2017-11-15 12:37 | Report Abuse

Sharksss still hungry, still seeking for more ikan bilis makan.

anson8222

915 posts

Posted by anson8222 > 2017-11-15 12:39 | Report Abuse

Maybe sharksss will swim down to 0.230 cari ikan bilis. Wahaha.... ^O^

leechen88

292 posts

Posted by leechen88 > 2017-11-15 12:56 | Report Abuse

Wahh look at the chart ..... resistance of 26.5 had been broken...... high possible will drop back to 20sen level

Posted by investorwannabe > 2017-11-15 13:34 | Report Abuse

wow... those who bought @ .33 above sure sakit hati now...

Betta68

2,300 posts

Posted by Betta68 > 2017-11-15 13:43 | Report Abuse

Keep collecting on the way down, sooner or later will fly up non stop..

Betta68

2,300 posts

Posted by Betta68 > 2017-11-15 13:43 | Report Abuse

You dont think do, just sell yours and exit..

bursa007

86 posts

Posted by bursa007 > 2017-11-15 13:48 | Report Abuse

a lot of ikan bilis want to buy cheap start threatening

Keith Han

411 posts

Posted by Keith Han > 2017-11-15 13:49 | Report Abuse

Change my mind try hit 0.26.. seem can get lower anot

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