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

bennylim8

12 posts

Posted by bennylim8 > 2017-12-04 16:44 | Report Abuse

Don't attack people personally. Then our luck shall always be good. Inshallah !

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-12-04 16:46 | Report Abuse

want to ask

1) china steel cutting steel production especially during winter season, can confirm?
2) if yes, then what makes coke sales good in relation to point 1?

Keith Han

411 posts

Posted by Keith Han > 2017-12-04 17:47 | Report Abuse

I tot got announcement already.. haha

astalavista

2,278 posts

Posted by astalavista > 2017-12-04 18:56 | Report Abuse

I think will be another one on Jan 2018..haha

anson8222

915 posts

Posted by anson8222 > 2017-12-04 19:37 | Report Abuse

@astalavista, yes, it will b announced every month & until BURSA approve/reject.

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-12-04 20:40 | Report Abuse

delist soon from bursa insider

Keith Han

411 posts

Posted by Keith Han > 2017-12-04 22:37 | Report Abuse

coal spot price drop ... coke profit from 250 grow until 463..

http://xiaohatu.com/screen/598c11e0673c75002f420c0f/599abd8203c9a7002bbcaab7

coke spot price / coal spot price from 1.5 grow to 1.66. Which quite near to peak season on September already.

http://xiaohatu.com/screen/598c11e0673c75002f420c0f/598c11ff41a84200215c007

kelvin61

826 posts

Posted by kelvin61 > 2017-12-04 23:48 | Report Abuse

http://gu.sina.cn/ft/hq/nf.php?symbol=J0
Coke prices continue to be firm on the DCE.

Posted by Younglearner > 2017-12-05 09:20 | Report Abuse

let say if Huaan delisted, then how about the share that we hold?

apolloang

18,163 posts

Posted by apolloang > 2017-12-05 09:24 | Report Abuse

when down to 0.03cts no delisted,now 23cts mana can delisted

Uncle_Lim

1,755 posts

Posted by Uncle_Lim > 2017-12-05 09:25 | Report Abuse

gone

ilovehits

3,955 posts

Posted by ilovehits > 2017-12-05 09:52 | Report Abuse

No matter with delisted or coke prices. I think the big question mark now is impairment loss in final quarterly result. If big impairment loss recorded, then 100% downtrend.

ilovehits

3,955 posts

Posted by ilovehits > 2017-12-05 09:57 | Report Abuse

I'm sure HUAAN will NOT delisted, coke prices also can stand firmly at RMB2000. But I'm NOT sure is there impairment loss in final quarterly result.

astalavista

2,278 posts

Posted by astalavista > 2017-12-05 10:07 | Report Abuse

Coming 0.20..

Betta68

2,300 posts

Posted by Betta68 > 2017-12-05 10:24 | Report Abuse

Impairment not mentioned in any of previous report 2017.. so i guess no imparement.

Keith Han

411 posts

Posted by Keith Han > 2017-12-05 10:51 | Report Abuse

What kind of impairment lost for previous year.. for my understanding it seem relate to coal and coke price ..This year coke /coal remain 1.5 above.. I think don't have impairment lose

Keith Han

411 posts

Posted by Keith Han > 2017-12-05 11:00 | Report Abuse

http://xiaohatu.com/mscreen/598c11e0673c75002f420c0f/598c11ff41a84200215c0074

Can refer to this.. base on huaan report.. need around 1.38tone coal to produce 1 tone coke.. is it their impairment lost ? Year before 2015 , remain at 1.4 level, 2015 avg I think 2015 around 1.25 cause 228mil impairment lost .. 2016 avg 1.3 + cause 190 impairment lost ..
Not sure correct anot.. now coke /coal is around
1.61.. just my opinion.. not sure correct anot..

But last year no production, how come got impairment lost ?

KLCIUP

4 posts

Posted by KLCIUP > 2017-12-05 11:13 | Report Abuse

Huaan last two year also impair liao PPE 152m, goodwill 108m and trade receivable 120m.

Now u c back, currently all receivable is new receivable, they are good buyer, this 2 quarter the cash flow is ok, got pay back cash. SO it is unlikely to impair trade receivable.

For PPE, last time impair the furnace cause the future benefit of that furnace is lower due to leasing out. Currently the coke price is high and making profit, so it is unlikely impairment too.

For goodwill it ady 0, how u wan to impair?

For inventories, they just buy it and still can sell high price in future.

Conclusion, Stop moaning abt impairment.

harlem

317 posts

Posted by harlem > 2017-12-05 11:34 | Report Abuse

Wow ... KLCIUP ..... really WELL SAID ! I take my hat off to you !

ilovehits

3,955 posts

Posted by ilovehits > 2017-12-05 13:05 | Report Abuse

This is very dangerous to put yourself into denial mode. WELL SAID also useless, share price drop sharply. Just let others judge by themselves.

http://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=2739

harlem

317 posts

Posted by harlem > 2017-12-05 13:57 | Report Abuse

Ticket to the speedboat was sold at 23. Now ticket to the cruise ship is selling at 22 ! I think that is a BIG BARGAIN. No wonder it also catch ah Leong attention !

Keith Han

411 posts

Posted by Keith Han > 2017-12-05 14:27 | Report Abuse

First time c bank analysis on China stock.. hope next time come with tp.

Betta68

2,300 posts

Posted by Betta68 > 2017-12-05 15:30 | Report Abuse

All fake queu..

astalavista

2,278 posts

Posted by astalavista > 2017-12-05 15:38 | Report Abuse

Told you guys will reach 0.215 or 0.20 by this week..looks like coming closer to grab

harlem

317 posts

Posted by harlem > 2017-12-05 20:35 | Report Abuse

Coal tar today up again by 129 to 4027.50 ! It is on its way to making extra 5 million ringgit profit for Q4.
www.sci99.com/monitor-386-0.html

Betta68

2,300 posts

Posted by Betta68 > 2017-12-05 23:34 | Report Abuse

I think its too late to average down, from tomorrow morning Huaan share will rise up..

astalavista

2,278 posts

Posted by astalavista > 2017-12-06 02:41 | Report Abuse

Lets see..

Richman96

68 posts

Posted by Richman96 > 2017-12-06 08:33 | Report Abuse

Anybody can check is that Yang Dipertua N9 still the big shareholder ? If yes this counter sure will not going to delisted ... what abt they sold already ?

Richman96

68 posts

Posted by Richman96 > 2017-12-06 08:35 | Report Abuse

Something not right now as the price keep on dropping and no support at all .... if thats a good news sure got many insiders keep on collecting ....

anson8222

915 posts

Posted by anson8222 > 2017-12-06 08:56 | Report Abuse

Everyday new Lo!!!

happy888

518 posts

Posted by happy888 > 2017-12-06 09:50 | Report Abuse

please dump all your stocks if you no confidence on the company future.

Alex Foo

12,594 posts

Posted by Alex Foo > 2017-12-06 10:03 | Report Abuse

Alex Foo want to ask

1) china steel cutting steel production especially during winter season, can confirm?
2) if yes, then what makes coke sales good in relation to point 1?
04/12/2017 16:46

anson8222

915 posts

Posted by anson8222 > 2017-12-06 10:29 | Report Abuse

Wahaha... Technical rebound? ^O^

WDYE

196 posts

Posted by WDYE > 2017-12-06 10:52 | Report Abuse

Will back to 0.22 later, huaan always morning go high afternoon back to lower and lower. Better Q at 0.21, 0.215.

anson8222

915 posts

Posted by anson8222 > 2017-12-06 10:54 | Report Abuse

Good good...

Keith Han

411 posts

Posted by Keith Han > 2017-12-06 11:52 | Report Abuse

http://www.52steel.com/market/2017-12-06/17ad846d-68f3-4d51-8294-8a8f5d9bead6.html

Coke spot price another 100 increase
1900 now

Betta68

2,300 posts

Posted by Betta68 > 2017-12-06 11:55 | Report Abuse

What would be the average coke price for Huaan in Q4? Do you expect the production to increase in Q4 comparing to Q3?

harlem

317 posts

Posted by harlem > 2017-12-06 12:35 | Report Abuse

Thanks Keith. Just as I expected last friday that Linyi spot will soon move to 1900 and so soon today it reach 1900 .... just GREAT !!
At 1900, even Huaan coke itself is making good profit. Together with the by-products higher selling price (especially coal tar which itself could bring extra 5 mil ringgit profit in Q4), hedging profits and increased sale vol, Huaan is going to have a GREAT Q4 !

Betta68

2,300 posts

Posted by Betta68 > 2017-12-06 13:21 | Report Abuse

Asian Money will be invested in KLCI....

Posted by Christopher Toh > 2017-12-06 14:05 | Report Abuse

faster rebound to 0.30

WDYE

196 posts

Posted by WDYE > 2017-12-06 15:25 | Report Abuse

Asia markets drop sharply, low buying interest for today. No more volume. Will keep stay on 0.225 for today. Q on 0.215, will get it on tomorrow...

astalavista

2,278 posts

Posted by astalavista > 2017-12-06 15:54 | Report Abuse

Waiting for you at 0.20/0.21

Keith Han

411 posts

Posted by Keith Han > 2017-12-06 16:29 | Report Abuse

One day announcement not release.. it will remain here

harlem

317 posts

Posted by harlem > 2017-12-06 17:55 | Report Abuse

OMG, coal tar today up by 254 to 4282 !! On 9/10 it was only 2959.
It is moving closer to make EXTRA 5 million ringgit profit in Q4 ! CANTIK !
www.sci99.com/monitor-386-0.html

harlem

317 posts

Posted by harlem > 2017-12-06 18:15 | Report Abuse

Yes, agreed with you Keith. Despite all spheres of Huaan businesses showing MARKED improvement, its share price remain lacklustre. This is clear sign of price INTENTIONALLY pressed down. Really no cause for alarm, in fact is opportunity for collection. Just like I said earlier, Huaan price will be suppressed until upliftment from para 8.03a, which I guessed to be annouced on 22/12, for Huaan holders to have a Happy Christmas !

Keith Han

411 posts

Posted by Keith Han > 2017-12-06 19:06 | Report Abuse

Seem Q4 result will out of my expectation .. in good way. Hope Q1 also can surprise me.

Posted by Christopher Toh > 2017-12-06 20:55 | Report Abuse

haiz... need to buy more to average down my costs...

Posted by bobthevalueman > 2017-12-06 21:18 | Report Abuse

why do people keep on thinking this company is correlated with coal prices? haha.. this is a chinese company listed in malaysia... wake up.

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