Lower impairment , Islamic bank division,s production services on expending. Hold and see what result for coming future .

I think it is a good timing for huge buy .

Who have rights to instigate , there were about Rmb400 per ton been losing .

Referring to finance news reported for Shandong Linyi city , met coke price average 2300 , coal price average 1250 , from jun to sep 18 . Why so huge different with the QR . Where was those earnings gone ? Went to whose pocket ?

Now already Nov mid ,is completed 100% for tower A ?

Coke future price adjustment .

Blue skies sport check escalating to next level seriously.
Due to this , coke’s output volumn was been limited and cause the price for next high level .

1. Cash flow is the main concern for now.
2. Epc USD454.4M , target to complete 50% this year .
4. Very interested in IRR 12% from USD1.87B IPP.
5. Shall Waiting at the right price for Hugh buy this time .

https://kuaibao.qq.com/s/20180703B0QS1D00?refer=spider

本文源自:证券市场红周刊

公司披露2018半年度报告:实现营业收入35.08亿元（+31.33%）,归属于上市公司股东净利润8.23亿元（+4038.96%）,其中Q1、Q2分别3.43、4.9亿元,公司扣除非经常性损益后的归母净利润为6.58亿元（+1952.91%）,每股收益为0.7491元/股（+2781.15%）,加权平均ROE为32.36%（+31.39pct）。

中煤华晋贡献利润符合预期。半年报显示公司于2018年3月份完成中煤华晋重大资产重组资产交割工作,2018年3月至6月期间中煤华晋共贡献投资收益6.11亿元,增加利润6.11亿元。根据公司之前披露的信息,中煤华晋2018年1-2月份实现归母净利润5.7个亿,按49%股权占比折合归母净利润为2.79个亿,所以若算上前两个月中煤华晋上半年实际上应该贡献8.9亿元,年化18个亿左右,与我们年初的预期基本相同,公司未来业绩有望持续受益于中煤华晋的良好表现。

成本增速高于收入,焦炭业务盈利能力下降。报告期内,公司第一大收入来源焦炭销量为154.12万吨,同比增加25.13万吨（+19.48%）。与此同时,受5月份焦炭价格数轮提涨影响,公司上半年焦炭平均销售价格上涨至1620.16元/吨,同比上涨16.19%。量升价涨导致焦炭业务营收达到24.97亿元,同比增加了38.82%。同期公司炼焦煤采购数量为215.28万吨,同比增加26.3%;炼焦煤采购价格为1087元/吨,同比上涨21.2%,导致焦炭业务成本上涨至23.4亿元,同比增加67.5%,并使得焦炭业务的毛利率降至6.7%,同比下降22.1pct。

焦炭业务Q2业绩环比Q1业绩下降。公司2018Q2焦炭销量为81.2万吨,环比增加11.28%;焦炭单位售价为1584.51元/吨,环比下降4.54%;焦炭总收入为12.86亿元,环比增加6.23%。洗精煤采购量为11.95万吨,环比增加24.67%;采购单位价格为1098.37元/吨,环比上升2.36%,采购总成本为13.12亿元,环比增加27.62%。

投资成本小于公允价值,营业外收入增加1.64亿元。公司半年报显示,由于公司对中煤华晋的初始投资成本小于投资时应享有被投资单位可辨认净资产公允价值份额,所以根据会计准则调整了长期股权投资的成本同时计入营业外收入16395.59万元,增加利润16395.59万元。

盈利预测与估值:我们预计公司2018/19/20年实现归属于母公司股东净利润分别为18.39/20.52/20.66亿元,折合EPS分别是1.28/1.43/1.44元/股,当前11.76元股价,对应PE分别为9.2/8.2/8.2倍,维持公司“买入”评级。

http://hot.news.7654.com/a/1884661014383333220

From finance news of China , major coke industries Expect making good profit . Due to blue skies sport check reinforce for target to 2020 yrs level .
Worry Huaan disappointments inventors again in cheap selling price .

q.wenhua.com.cn/detail/1385572

1. Order book of local constraction ( 800mil )
2. Order book of Vietnam EPC ( 454.5mil usd )
3. Expect EBITA from power plant after 2020 , 25 yrs recurring income (100mil )
4. Properties mall businsss lost annually ( 50mil )
5. LAD potential lost (50mil)
6. Cash flow main concern.
7. Stock promotion KYY selling
8. Stock promotions private placement and right issue
What would you react ?

Those coke factories which can’t meet the standart will be close down. Target 1/3 to Reduced.

1. Blue skies sport check reinforced in order to meet clean environmental of 2020 level standard.
2. Coke output and stock level in very low.
3. Coke maintained High demand for steel makers.
4. Coal price maintained flat .
5. What you will react ?

evidence ?

Investors are concern the company keep on selling cheap price .

http://www.ccmn.cn/tiehejin/tiehejinnews/2018-06-29/ff8080816427fd3601644951975d4533.html

Next QR will know , what will be the selling price . LoL.

1.They are sold below market price for last 2 quarters.

1. The company purposely release poor QR early
2. Blue skies environmental sport check cause the coke price hike .
3. What would you react ?

http://m.jrj.com.cn/madapter/futures/2018/07/27080124870403.shtml

Only insider or those who keep on accurate knows , what is current earning about .

Seems a lot investors are line up to buy . Is earning improve a lot due to recent coke price increased ?

https://m.mysteel.com/18/0614/20/034A696EB2423DEA_abc.html

We shall question the management , why they selling below market price ?

50 million divided by 545.94 million share .

Everyone persist with your homework . The rest let the god to lead .

Really explosive ??

What is the prediction eps for coming quarter ?

http://stock.jrj.com.cn/2018/03/14110324238554.shtml

Waiting for exercise value .

If low Selling price of coke reported was due to time adjustment . Predict coming report will excellent .

The result was different so much compared with my home work's prediction. Demand of coke is still committed as sales volume been ramp up to 219K tonne. If the demand keeping on increase , the management shall consider to operate the rest of 2 ovens. To manage volatility risk is always challenging.

All Researches are not accurate

Prediction for Q1 - EPS 2.4 Cents . Base on average Coal Price 1339 & Coke Price 2101

Investors are worried that there maybe have something correlated to ex-pm .

Betta , how much for the processing cost per ton ?

what estimate EPS for coming QR ?

What is the estimation EPS for coming Q1 ?

Betta , why summer season demand will pick up ? What is the fact ? Any solid article to share , appreaciated .

wonder to know about processing cost per ton from coking coal became coke, appreciate if anyone can advise on it .

Does now TBE outage resume ?

Betta, thanks

Betta , where to check real-time Coking Coal price ?

Will coal price go down when end of winter ?

Kieth Han , Appreciated of your value sharing. hope you can share out more solid data .

The company is keep on making good profits, and now selling in undervalue price .

https://www.trade.gov/steel/countries/pdfs/exports-china.pdf