Uncle Lim, what do you expect from this blog when you are promoting Huaan to be delisted, what if he did not delisted? Stop spaculating, show us some evidence, or else do not post fake news. I can only think about o e reason why you are promoting, you want the share to go down, well its fine form me as i am buying..but do not post fake news.
coke price seem will keep growing for the whole Dec. So now the only risk is " Paragraph/Rule 8.03a "
1) Q: you guys need to understand why BURSA put HUAAN under Paragraph 8.03A of Main Market Listing Requirement? A: This is because on Year 2015-2016, HUAAN has lease it entire factory to 3rd party for 1 years, and this cause HUAAN has no operation revenue for the whole year. According to Paragraph 8.03A, a company must maintain a level of operation in order to continue to listed in Main Market. For HUAAN, since it has no operation revenue at all at the period, that why it fall under the Paragraph 8.03A.
2) Q: Will HUAAN be delisted soon due to non-complied with Para 8.03A? A: LOW CHANCE ... As HUAAN has take back the factory and re-start its own operation since Feb 2017. What HUAAN need to do just submit their regulation plan to Bursa as required by the rules. Anyway, HUAAN already submited on 8 November.
3) Q: HUAAN's operator want get benefit from the market by delist their company ? A: I don't think delist their company can bring any benefit to the operator.. No point to submit their document on 8 Nov then.
Personal think very low chance to delist .. but anything can happen in share market .. just analyse yourself.. : )
coke price up because 钢厂限产力度并不及预期 ( product earning now at peak , If i'm businessman , sure want to produce more ) ; Coke earning drop to negative mid of November .. sell one tone lost 200RMB , so operator produce less .. Supply < Demand = price +++
Since the domestic coal tar market opened its upward trend in September, according to chem365.net monitoring, this month has been the third consecutive month of upward adjustment in the market, up RMB 750 / tonne from the beginning of the month, or up to 23.08%, with prices reaching record highs and end of month successful stand on the 4,000 yuan / ton, and the market is still not over, market for the December expected value is still high.
Coming into December, chem365.net believes that because of the shortage of supply still difficult to ease, and downstream manufacturers goods procuring enthusiasm higher, so in December no highest, only higher for coal tar prices !
b4 this, hide behind a big showy name Buffett888 or some stupid nonsense like that...No integrity la you, bennylim8! kekeke
I DARE you to post your 'proof' like what I've shown in the links above...let everyone here b the witness...or else banish yourself 4ever, no integrity clown lol
OMG ! A real shame to have such a forumer in i3. I have shown the proof. Now it is time for you to banish yourself.
Earlier not looking good on Q4 and Q1 coz of winter and coke profit in negative .. that why stop reload share when it drop through 0.25 last week.. now seem it will better than expectation.. next week will reload some before announcement out.. : )
Future view , Q1 is very challenging period .. but Q2 should be very profitable to HUAAN . Policy period end on March .. supply of metal will increase ...
Q3 coal tar average price = (2775 + 2875 + 2931) / 3 = 2860 Q4 coal tar average price = (3085 + 3483 + 4300) / 3 = 3622 (The Dec price of 4300 is based on assumption that coal tar price, which now stand at 4000, continue to go up as expected) Hence coal tar Q4 average price is higher than Q3 by 762 (i.e. 3622 - 2860)
Coal tar production is about 5% of coke production (http://www.sinohuaan.com/productions.html) Q3 coke production was 210,000 ton, hence coal tar production = 210,000 * 0.05 = 10,500
Based on exchange rate of 0.62, coal tar extra profit in Q4 = 10,500 * 762 * 0.62 = 4.96 million ringgit or 0.44 sen per share (i.e. 4.96 mil / 1,123 mil NOSH) !!
Harlem, coke price and coal tar price up coz of coke manufacturer decrease their production, so they may product less but get higher profit.. for tar and coke production should get 15 -20% lesser. More accurate.
Keith, thanks for your feedback. I have totally opposite view. Based on a sci report and the increased inventories by 78% in Q3 report, I instead opined that Q4 production vol increased by 78% (pls see my comment on 14/11) ! If that is the case, then coal tar extra profit in Q4 will be more than 5 million ringgit ! Let Q4 tell who is right. No matter ehat it is, it will still be a good Q4.
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....
heng5275
288 posts
Posted by heng5275 > 2017-11-30 15:35 | Report Abuse
Emmmmm,15Dec is near but the annoucement still not yet out..i better dont buy if not later kena gao gao...