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

astalavista

2,278 posts

Posted by astalavista > 2017-11-28 16:29 | Report Abuse

Okey..now i revise to 0.20 since sharks are reading :)

harlem

317 posts

Posted by harlem > 2017-11-28 17:08 | Report Abuse

Coal tar today up again, by 62 to 3581.75, it has risen 622 since 9/10 (or 21%), cantik !
www.sci99.com/monitor-386-0.html

Betta68

2,300 posts

Posted by Betta68 > 2017-11-28 17:54 | Report Abuse

This Thirsday, all stock will fly up high, time to collect now.

harlem

317 posts

Posted by harlem > 2017-11-29 00:10 | Report Abuse

Earlier I said that Huaan hedges in the coke futures. That proposition is now strongly supported by this article dated 28/11/17
http://futures.eastmoney.com/news/1765,20171128806767516.html

(1) "市场人士:期货成黑色产业企业经营标配"
Market participants: Futures become "black" industries enterprises operating standards
(Note: "black" industries refer to steel, coke and coal industries)

(2) "在铁矿石供给总体过剩但结构化矛盾凸显的背景下,冬季高炉限产执行效果与预期的阶段性偏离进一步加剧了矿石、钢材等黑色系商品的价格波动。使用期货工具对冲风险几乎已经成为黑色产业链相关企业经营的标配"
In the context of the overall iron ore supply surplus but the obvious structural contradictions, winter blast furnace production limit and expected phased deviations further aggravate the price fluctuations of black products such as ore and steel products.
USING OF FUTURES TOOLS FOR HEDGING RISKS HAS ALMOST BECOME THE STANDARD OPERATION OF RELATED ENTERPRISES IN THE BLACK INDUSTRIAL CHAIN

(3) "企业使用期货工具渡难关保利润"
Enterprises use futures tools to overcome hardships and protect profits

(4) The article also quoted an actual example of hedging by Maanshan Iron and Steel Company (马鞍山钢铁股份有限公司) to make profit.

"2016年马钢共完成大宗钢铁热轧卷板卖出套保4.39万吨,螺纹钢卖出套保10万吨,铁矿石买入套保9.32万吨,铁矿石卖出套保20万吨,以及焦煤买入套保20万吨。最终期现货贸易统一算账计算盈亏,参与期货市场帮助企业增加收益1279万元"
In 2016, Maanshan completed a total of 43,900 tonnes of hedges for the sale of hot-rolled steel coils, rebar sold 100,000 tonnes of hedges, iron ore purchased hedges of 93,200 tonnes and iron ore sold hedges of 200,000 hedges ton, and coking coal buy hedging 200,000 tons. Finally futures and spot trades are combined to calculate profit and loss, participation in the futures market help businesses increase revenue by 12.79 million yuan.

** The Maanshan example show that futures and spot trading is combined to calculate the profit and loss. This is similiar when I add Huaan hedging profit to Huaan coke spot average to get Huaan effective coke average.

** You may note that Maanshan beside hedging its finished goods also hedged its raw materials.
Hence it is possible Huaan beside hedging coke in the coke futures, also hedge coking coal at the coal futures !

astalavista

2,278 posts

Posted by astalavista > 2017-11-29 11:55 | Report Abuse

Come to pappa...0.20

anson8222

915 posts

Posted by anson8222 > 2017-11-29 12:25 | Report Abuse

@astalavista, u wait for RM0.20? Mayb still a long way to reach, as long as no bad news from BURSA. Maybe u can q at 0.215, this price still possible.

Posted by Christopher Toh > 2017-11-29 12:26 | Report Abuse

WDYE, the announcement is for?

harlem

317 posts

Posted by harlem > 2017-11-29 12:42 | Report Abuse

Thanks Keith. Linyi coke spot is coming back STRONGLY. It is going to do great for the spot average. CANTIK ........ !!

WDYE

196 posts

Posted by WDYE > 2017-11-29 13:20 | Report Abuse

Yea, Anson,agree, 0.21 is very very strong support over there. Q on 0.215~0.22 is more realistic and possible. Together Q on there to average down. Sure will fly, as our new years gift.^^

astalavista

2,278 posts

Posted by astalavista > 2017-11-29 15:06 | Report Abuse

Haha...no worries...i still que at 0.20...kalau dapat dapat lah..kalau tak its ok... only one way up

Keith Han

411 posts

Posted by Keith Han > 2017-11-29 15:12 | Report Abuse

Coke price 2080... : )

Posted by investorwannabe > 2017-11-29 15:38 | Report Abuse

Dumb China stock!

anson8222

915 posts

Posted by anson8222 > 2017-11-29 15:44 | Report Abuse

Looks like today RM0.225 is the best selling price.

WDYE

196 posts

Posted by WDYE > 2017-11-29 16:21 | Report Abuse

Today close on 0.225, 2Moro high chance to get in with 0.215. Q on there^^

kring44

48 posts

Posted by kring44 > 2017-11-29 16:23 | Report Abuse

buy keyasic... gogogo up..

astalavista

2,278 posts

Posted by astalavista > 2017-11-29 16:29 | Report Abuse

Coming closer

rr88

6,532 posts

Posted by rr88 > 2017-11-29 16:30 | Report Abuse

Those bought @ 0.31 will never see that price again ever. Just take whatever left n move on. Sell.

anson8222

915 posts

Posted by anson8222 > 2017-11-29 16:31 | Report Abuse

wao... wao... close d... close d... RM0.220

harlem

317 posts

Posted by harlem > 2017-11-29 18:18 | Report Abuse

Wow ....... coal tar is going CRAZY !!!! Today up by 191 to 3773.25. Total up by 814 (or 27.5%) since 9/10 ! www.sci99.com/monitor-386-0.html

harlem

317 posts

Posted by harlem > 2017-11-29 18:21 | Report Abuse

Apparently our Huaan is going crazy too ! It is now on CRAZY SALE !!

Posted by Christopher Toh > 2017-11-29 19:48 | Report Abuse

Goreng stock.. waiting for next QR to rebound

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-11-29 19:58 | Report Abuse

back to 0.05

Posted by bobthevalueman > 2017-11-29 21:10 | Report Abuse

What did I say 2 weeks ago? Go look it up. I told you guys, china company, must learn from pain. I hope some people did learn this time.. hahaha

Posted by bobthevalueman > 2017-11-29 21:10 | Report Abuse

It will drop to probably 0.15-0.18 in its last support level before stabilizing

Keith Han

411 posts

Posted by Keith Han > 2017-11-29 22:03 | Report Abuse

Coke price break 2100.

matg

998 posts

Posted by matg > 2017-11-29 22:20 | Report Abuse

keep dropping until huge support at 0.20.. if broke can Q buy again at 0.15

Betta68

2,300 posts

Posted by Betta68 > 2017-11-29 22:28 | Report Abuse

Nice gang guys or girls, promoting cheap sale,, keep dreaming, you buy at 0.225 huaan will fall even further, no matter you do he will fall more, instead buy at high and huaan will kove up...

astalavista

2,278 posts

Posted by astalavista > 2017-11-29 22:44 | Report Abuse

You may be correct...they might have changed their business model...if not Huaan should be price range of 30s by now !....bursa approval is just for formality only

Keith Han

411 posts

Posted by Keith Han > 2017-11-29 23:02 | Report Abuse

Coke price just can let us estimate their eps coming qr.. I'm don't think share price will direct reflect until it free of delist risk.. personally I don't think they gonna be delist.. that y I'm still holding. Buy for my own risk anyway.

kelvin61

826 posts

Posted by kelvin61 > 2017-11-29 23:44 | Report Abuse

Great opportunity to collect more at this depressed price. This is the usual time of the year when share prices normally drift lower to sideways, thereby creating a golden opportunity to buy your favoured share for a song, cheers.

harlem

317 posts

Posted by harlem > 2017-11-30 00:23 | Report Abuse

Those who miss the speedboat in the last round, can now board this cruise ship. It will go the distance !

harlem

317 posts

Posted by harlem > 2017-11-30 00:38 | Report Abuse

Somemore the ticket is CHEAP ...... !!

leechen88

292 posts

Posted by leechen88 > 2017-11-30 06:15 | Report Abuse

Coke price update : last night malaysia time 3pm closing price rmb 1997. Now Malaysia time 6am coke closing price 2126 rmb ....up how much u count lahhhhhhhh

happy888

518 posts

Posted by happy888 > 2017-11-30 07:42 | Report Abuse

Let them sell down... i have no problems with that. When bursa approval come and next qr kick in, these people will chase above 30 cents. That time 30 cents also they will say it is cheap

leechen88

292 posts

Posted by leechen88 > 2017-11-30 08:33 | Report Abuse

If coke price stay above 2k till feb , 3 kupang I pun tak mau jual lah . After financial results release 40 sen above lah

leechen88

292 posts

Posted by leechen88 > 2017-11-30 08:35 | Report Abuse

Now Baru 20 sen 開番的可能性變大了!if don't know what I mean google translate lah

Betta68

2,300 posts

Posted by Betta68 > 2017-11-30 08:55 | Report Abuse

Queu to buy more,,,

heng5275

288 posts

Posted by heng5275 > 2017-11-30 11:26 | Report Abuse

Why take so long to approve the upliftment?any side news?

edmin89

62 posts

Posted by edmin89 > 2017-11-30 11:29 | Report Abuse

get ready for huaan

Betta68

2,300 posts

Posted by Betta68 > 2017-11-30 11:32 | Report Abuse

I am ready , dont know for what but i guess good things gonna happen,,

astalavista

2,278 posts

Posted by astalavista > 2017-11-30 12:01 | Report Abuse

Later sure fall back lah....bursa news not anytime now lah

WDYE

196 posts

Posted by WDYE > 2017-11-30 12:04 | Report Abuse

Yea, normally afternoon section fall back, still Q at 0.215

WDYE

196 posts

Posted by WDYE > 2017-11-30 12:30 | Report Abuse

Hope it now big big lotd Q for cut lose, then can get lower price for average down.

Keith Han

411 posts

Posted by Keith Han > 2017-11-30 12:35 | Report Abuse

Base on last year record.. it take gam gam one month to reply. May b 8 Dec ?

Betta68

2,300 posts

Posted by Betta68 > 2017-11-30 12:38 | Report Abuse

You must be dizzy by now,,,

Betta68

2,300 posts

Posted by Betta68 > 2017-11-30 13:47 | Report Abuse

You guys have any advise to tge rest of the team here regarding the heading of Huaan in next few hours and days,, you both waisting our time reading your unhealthy chalenges and argus. Lets focus here are you selling or buying now?..

Betta68

2,300 posts

Posted by Betta68 > 2017-11-30 13:50 | Report Abuse

6 digit is less than 1 milion, so how you expect anyone to pay you for a proof?. 000 000 1, lol..

astalavista

2,278 posts

Posted by astalavista > 2017-11-30 13:54 | Report Abuse

Dompeilee..not bad...you got all the patience to hold...wish i was like you..good lesson to learn

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