This should be good to HH group - The recent banning of new coal-fired plants in Beijing, Shanghai and Guangzhou of China is likely to spur demand for cleaner, alternative source of energy (such as Briquette).
Better stay aside as it is still under SMA 50, ytd showed sign of breakoff but eventually still closed below SMA 50. whether is a trap of sign or uptrend will still be depend on the decision of boss. Anywhere, the plan of moving to main board in 3rd quarter has failed. Those who still believe the words by BOD, you can still hold it ! Finally,wish everyone a happy new year =)
This is an old news by HH director, those who are interested can download it ... He is the one who represent HH in the 2015资汇 投资讲座 and being complained with bad presentation skills ... A director who is know how to talk big but sadly none of his forecast fulfill in 2015
Please run away from HH Group if you wish to save your hard earned cash. Palm fibre is not sellable in China anymore. Romours were circulating that its factory has ceased few lines of production due to slackened demands! Do you believe such talk? Why not pay a visit to the plant to see for yourself
Hi, I am new to HH. I am confuse now as someone mentioned HH financial result is better than previous FY. So, I read through the financial statement of HH. There is some thing worrying me which is 31million of trade and receivable which jump from 20m. Is this possible to be collected by HH or will turn into bad debt ? And one thing that worrying me is that the whole operation ended in quarter 3 just earn round 400k from the sales, and 2million + actually is forex ?! the company also mentioned that they need to lower sales to mitigate the risk. So, why they bot a new production line ?
singkalin can you explain why u said result still better as I read a few times, the financial result is so bad that is worrying me... Check the debt,gearing ratio and PE for HH =) A small company like this which has those figure is considered worrying actually
I truly agree what yeohhh mentioned earlier. Director is a nerd which never achieve its promised.
1) where is 20% of dividend payout ? 2) mentioned to move to main market in 3rd quarter and now is 2016. 3) Move to Europe market and now mainly still in CHINA ? 4) great prospect in financial result?
You don't need to be an expert. If you are in this trade of palm fibre, then you will know how difficult to see to China market now. Not only cheap but quality must be good. So cheap that it is below cost for HHG. Just wait till end of February to view this latest quarter results, you will be convinced what I said.
For yeohhh, In this forum for investors, all are encouraged to give their thoughts and viewpoints. My purpose of writing is noble, trying to warn those naives and newbies to get out of this doomed counter. If they failed to do so now, they might be trapped once the coming quarter results are released. If you are not in agreement with what I have written, please ignore them. Also if my language has hurt you, I now apologized for it. Even though you posted what I have said on 30/12/15 and 4/1/2016, the contents are still the same, not contradictory. AVOID HHG
For those worried and scared please sell off since China seem to be causing the problem. With 2-child policy coming in, new babies will have to drink water (halt milk powder), wear leaf (halt diapers) and sleep on floor (halt mattress). Even with the foreseeable population boom, we are so doomed right now.
I guess we don't have to persuade peole what to do, let them choose what to do. Sometimes very irritating to see pls sell, pls sell repeatedly. What's the purpose of doing this, if no longer interested in this counter, might as well just move to other counter.
My prediction is, for the coming quarter results will be very bad! Those in the same line of business in Palm fibre have suffered tremousdously. I am not here to kill your spirit but to provide a strong warning so that you can act shrewdly and prudently. Your money and your action will be accounted for,by yourself and not someone else.
Just don't buy when you don't understand the business nature enough. With RSI 24%, where the "Big guys" are throwing, if you catch it, then CNY really "chia kaki"...
0.495.. Really scary ! Remember how it was being "goreng" with no reason and how it drops like no end ! Feel pity for those who don't listen to advises. Just see how the boss and director playing around and you know this counter should be avoided. IPO 0.45 boss want open 0.62, within a year announce bonus issue, what main market bla bla bla... just see the financial statement and you will know whether it is capable... haiz, when big fish and small fish want to earn money together... thats the end
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....
yeohhh
2,406 posts
Posted by yeohhh > 2015-12-30 15:30 |
Post removed.Why?