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

anson8222

915 posts

Posted by anson8222 > 2017-11-21 17:22 | Report Abuse

BURSA better do something tomorrow, prove to Bloomberg that your little brother can stand up straight & not only below 5%. If not, we really shame on you.

Malaysia becomes Asia’s worst stock market as election looms
http://www.theedgemarkets.com/article/malaysia-becomes-asias-worst-stock-market-election-looms

singunsin

529 posts

Posted by singunsin > 2017-11-21 17:39 | Report Abuse

tomorrow add oil ya

Richboo

91 posts

Posted by Richboo > 2017-11-21 18:44 | Report Abuse

Tomorrow down all the way to 0.21

astalavista

2,278 posts

Posted by astalavista > 2017-11-21 19:35 | Report Abuse

Buy loh at 0.21

Keith Han

411 posts

Posted by Keith Han > 2017-11-21 21:45 | Report Abuse

Coke price 1940

harlem

317 posts

Posted by harlem > 2017-11-21 21:46 | Report Abuse

By-product coal tar price today up again, by 23 to 3309.25 www.sci99.com/monitor-386-0.html
It has increased 350 per ton since 9/10 !

leechen88

292 posts

Posted by leechen88 > 2017-11-22 02:55 | Report Abuse

Coke price closed at rmb1947.5. Higher high trend is expected. Congrats to those who bought yesterday. 3 kupang kali ini

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-22 07:13 | Report Abuse

delisted soon

Betta68

2,300 posts

Posted by Betta68 > 2017-11-22 08:58 | Report Abuse

Today open 0.25 and will close 0.290..

Posted by investorwannabe > 2017-11-22 09:59 | Report Abuse

@dompeilee, Uncle_Lim's BOTH head also delisted loooong time ago la.

astalavista

2,278 posts

Posted by astalavista > 2017-11-22 10:06 | Report Abuse

Wonder.. how long more bursa needs time to study :)

leechen88

292 posts

Posted by leechen88 > 2017-11-22 10:12 | Report Abuse

1976 rmb for coke price

Keith Han

411 posts

Posted by Keith Han > 2017-11-22 10:12 | Report Abuse

Coke price seem back to 2000 soon

harlem

317 posts

Posted by harlem > 2017-11-22 10:28 | Report Abuse

Wow, early morning coal tar alrdy up, by 39 to 3348.25 www.sci99.com/monitor-386-0.html It has increased by 389 since 9/10 !

leechen88

292 posts

Posted by leechen88 > 2017-11-22 10:37 | Report Abuse

I won't jual at this price q 25 sen add more .... sell to me

anson8222

915 posts

Posted by anson8222 > 2017-11-22 11:44 | Report Abuse

Walao ehh... How come BURSA still haven't reply?

Betta68

2,300 posts

Posted by Betta68 > 2017-11-22 13:38 | Report Abuse

Today share up to 0.29

harlem

317 posts

Posted by harlem > 2017-11-22 17:32 | Report Abuse

Amazing, by afternoon, coal tar further up by 136 to 3445 ! Even crude benzene up by 100 to 6725 ! By-products are going wild ....
www.sci99.com/monitor-386-0.html
www.sci99.com/monitor-377-0.html

windcloud

1,393 posts

Posted by windcloud > 2017-11-22 17:45 | Report Abuse

Coke price nearly up to 2000 tomorrow should test resistance 0.275 if can break .... then likely chance will back to 0.35 by end of this month ....

Just hold tight ..... TP next month is 0.40 to 0.50 ....

ckchan

84 posts

Posted by ckchan > 2017-11-22 17:49 | Report Abuse

every one is waiting for the Bursa to release the announcement......

Keith Han

411 posts

Posted by Keith Han > 2017-11-22 21:14 | Report Abuse

Q4 already pass 1.5 month.. base on current average coke and coal price.. and calculate by 1.41 tone coal to produce 1 tone coke.. Huaan still earn around 322 RMB / tone of coke , which same as profit during Q2 ( April , May , June ). Extimate coming qr eps will be around 1.5 - 2.0 .. : )

Information get from :
https://m.investing.com/commodities/metallurgical-coke-futures-historical-data
https://m.investing.com/commodities/coking-coal-futures-historical-data

Posted by bobthevalueman > 2017-11-22 22:27 | Report Abuse

good luck to those who bought at 33 cent... haha.. china stock people.

astalavista

2,278 posts

Posted by astalavista > 2017-11-22 22:27 | Report Abuse

http://gu.sina.cn/ft/hq/nf.php?symbol=J0

Wow...already crossed 2000

astalavista

2,278 posts

Posted by astalavista > 2017-11-22 22:29 | Report Abuse

Huaan should fly !..

harlem

317 posts

Posted by harlem > 2017-11-22 23:59 | Report Abuse

Though futures has up a lot lately, spot still at bottom. For those who follow spot rate (which is the correct method), DON'T worry, spot rate is reversing soon. Spot is always about 4 weeks SLOWER than futures !

See the comparision between spot (blue) and future chart. http://www.100ppi.com/sf/617.html
When future started to dive in mid Sept, spot remain high for the whole of Sept and even 1st half of Oct. Spot only start to slide in 2nd half of Oct (about 4 weeks later than futures).

From the chart, we can see that futures bottomed near early Nov and started to reverse. So we can expect spot to reverse by early Dec. So stay cool bros ........ in any event this low spot rates will be very well mitigated by hedging (as explained earlier).

Posted by Christopher Toh > 2017-11-23 00:14 | Report Abuse

tp 0.40

leechen88

292 posts

Posted by leechen88 > 2017-11-23 07:14 | Report Abuse

Rmb 2029 last night closed for coke price

leechen88

292 posts

Posted by leechen88 > 2017-11-23 07:18 | Report Abuse

25 sen buy more ... hope manage to add some......3kupang at least if coke price can sustain 2k above

astalavista

2,278 posts

Posted by astalavista > 2017-11-23 09:19 | Report Abuse

5 kupang sebelum akhir tahun :)

winwin2288

1,325 posts

Posted by winwin2288 > 2017-11-23 09:21 | Report Abuse

tambah sikit 0.25 harap2

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

dompeilee, sell to me @ .26

I buy 100 lots

astalavista

2,278 posts

Posted by astalavista > 2017-11-23 09:43 | Report Abuse

I got the same feeling too...people who knows are buying now i think...we will know later on the approval :)

anson8222

915 posts

Posted by anson8222 > 2017-11-23 10:26 | Report Abuse

Good thing will happen later.

harlem

317 posts

Posted by harlem > 2017-11-23 11:24 | Report Abuse

Great thing will happen after Q4. Many will drop their glasses !

astalavista

2,278 posts

Posted by astalavista > 2017-11-23 15:07 | Report Abuse

We have plunged enough...let them plunge :)

Posted by investorwannabe > 2017-11-23 15:42 | Report Abuse

I'm ok with everyday slowly go up 5c

Betta68

2,300 posts

Posted by Betta68 > 2017-11-23 15:58 | Report Abuse

Correction already passed away, time to move on,, go go go,,

anson8222

915 posts

Posted by anson8222 > 2017-11-23 17:28 | Report Abuse

Wahaha... at the end before closing, HUAAN back to 0.250. Today no show again.

rr88

6,532 posts

Posted by rr88 > 2017-11-23 19:35 | Report Abuse

First stop 0.20. Next stop 0.16. End stop at 0.10. China company ma. Anything possible.

rr88

6,532 posts

Posted by rr88 > 2017-11-23 19:47 | Report Abuse

Fundamental or not market dont care one. What matters is buying n selling dynamics.

Keith Han

411 posts

Posted by Keith Han > 2017-11-23 21:57 | Report Abuse

http://futures.jrj.com.cn/2017/08/28111523012271.shtml

Good article to understand HUAAN's industry... 焦炭 : )

Keith Han

411 posts

Posted by Keith Han > 2017-11-23 21:59 | Report Abuse

I tot price start go down already.. suddenly back to 1995 already..

http://finance.sina.com.cn/futures/quotes/J0.shtml

harlem

317 posts

Posted by harlem > 2017-11-23 23:51 | Report Abuse

Good news .... Linyi city coke price has bottom and today start to rise !
Linyi city coke price has been down for almost 2 months, from 2300 (on 29/9) to 1650 (22/11) and never up a single time during the period. But today it is up by 50 to 1700. This is a good sign of reversing.
http://www.52steel.com/market/2017-11-23/1a84e79e-ba4d-46dd-af8f-32c6ee27e673.html

Guided by the coke futures (which spot price follow in delayed fashion) which has risen steadily since early Nov, we can expect Linyi coke spot to rise steadily from now on. This will stabilise Q4 coke spot average, which today stand at 1938. Great !

harlem

317 posts

Posted by harlem > 2017-11-23 23:52 | Report Abuse

Furthermore, today by-products prices up again ! Coal tar up by 75 to 3519.50 and crude benzene up by 50 to 6775. Since 9/10, coal tar has risen 19% while crude benzene has risen 10%. The by-products are going to bring good profit to Huaan in Q4.
http://www.sci99.com/monitor-386-0.html
http://www.sci99.com/monitor-377-0.html

harlem

317 posts

Posted by harlem > 2017-11-23 23:52 | Report Abuse

So now Huaan have 3 horses running for them.
1) profits from hedging (when futures price was sky high)
2) profits from by-products (selling prices which keep on going up in Q4)
3) stabilised coke spot price (Linyi coke spot has bottom and start to rise)

With collaboration of these 3 horses, Huaan is going to have an excellent Q4, rather than a poor Q4 as many have anticipated due to the depressed coke price.

harlem

317 posts

Posted by harlem > 2017-11-24 06:49 | Report Abuse

Oh, there is a fourth horse running for Huaan, which is the increased production by 78% in Q4. Ha ha ... too many horses, loss count.

hkhk

2,066 posts

Posted by hkhk > 2017-11-24 10:22 | Report Abuse

bennylim8, can buy huaan now?

hkhk

2,066 posts

Posted by hkhk > 2017-11-24 10:42 | Report Abuse

haha. baccarat

anson8222

915 posts

Posted by anson8222 > 2017-11-24 11:16 | Report Abuse

Wah.... baccarat, i like it. Come come... who wan to play?

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