Posted by spectre007 > 2018-03-15 01:07 | Report Abuse

Extracted from Dec 17 quarterly report: During this quarter under review, the average coke price was approximately RMB2,019 per tonne and the total cumulative sales volume stood at approximately 215,000 tonnes. Contribution from the by-products was accounted for approximately 15% of the total revenue of the Group during the quarter under review. The Group has recorded a cost of sales amounting to approximately RM246.7 million during the current quarter under review with the average coal price recorded at approximately RMB1,317 per tonne. Following therefrom, the Group recorded a gross profit of approximately RM30.0 million in the current quarter under review. Average Coke Price (contributes to Sales) Jan 2018 RMB1,997 to RMB2,293 Feb 2018 RMB2,079 Mar 2018 (up to 14th) RMB2,200 Average Coal Price (contributes to Cost of Sales) Jan 2018 RMB1,300 to RMB1,511 Feb 2018 RMB1,301 to RMB1,400 Mar 2018 (up to 14th) RMB1,301 Assuming consistent outputs (if not more due to higher demands as a result of those tariffs), it appears that Huaan's profit for the coming quarter is intact, if not even better margins than the previous quarter. The panic selling due largely to the Trump's tariffs are uncalled for. There is NO correlation between those tariffs and Huaan's core business. So why worry? Don't lose your money by panicking and selling to those who will collect and profit from your stocks. Decide for yourself whether it's a strong buy now and for those who are still holding, it's definitely mega sale (suggest to add on and lower down your average price). Take advantage of the uncertain/panic selling in the last few days. This stock is definitely UNDERVALUED and OVERSOLD now. Trade at your own risk and Good Luck! Happy to see comments if the above is not right ;)