It's ok. I dream on.

@Venfx where did u get this? Can give link?

PARTIALLY CROPPED from 5Q2017 latest qtr report of "Pnepcb" .

PROSPECT

3. Current year prospects
With the Group’s vertical integration capabilities, it has received substantially orders from key
customers. The trend of rising orders is expected to sustain going into next financial year. The Group
has added automation machinery to cope new orders from existing and new customers. The Group will
be able to achieve marginal profit through continuously improvement on the costing and production
efficiency. However, due to change of size of semi-conductor such as chip capacitor, resistor, and
condenser, the Group have to invest in Photo Imaging line in Malaysia Plant to align with customer
requirement. By end of year 2019 we foresee at least 35% of PCBA user will change to 1005 chip
which will directly impact to our revenue of 30% to 40% yearly.

Still holding?

Should say profit. Eps not so coz enlarged base

Why the counter drop so much despite EPS improving? What's the trigger?

@giantpanda sound too desperate. Relax and go enjoy weekend and cny

China's coke, coking coal futures defy global market rout
http://www.sxcoal.com/news/4568394/info/en

@Jun Relax relax. Everytime see u very on track with prices. Lol.

Power Huaan. I diam diam waiting for return.

http://klse.i3investor.com/blogs/kianweiaritcles/146235.jsp

The REAL Asian buffet asked to look into China related turnaround company. Can Huaan be one of it?

Why keep dropping? What's the trigger?

Whatever they say sounds like u though. Says a lot. Haha.

Takes 2 to tango. Simple.

Childish to the max

Sad forum. No eye see.

https://www.thestar.com.my/business/business-news/2018/02/02/hengyuan-md-resigns-from-march-1/

@Betta can specify which 3 projects?

@Betta once the steel production restrictions is alleviated in march 2018 then demand will be there.

@Betta I think the potential is in by product than coke itself although Coke is also improving. The coal gas and tar oil will be major contributor.

@Betta honestly, to me coal price is more important than coke price. It takes 1.3-1.4 MT of coal to produce 1 MT of coke. U can see my point.

@Jun, my TP is 80c.

How u get the expected 3k?

@Jun Lol, u pledge not selling before 80c? Ahahahaa

Interesting comparison. Tks for sharing. I'm holding regardless. Otherwise, I would have been out when it dropped to 0.4x time.

Lol, speak of the devil. he's back. ahahaha. It would be interesting to see everyone believing. TP 0.80. cheers!

@dompeilee yea, come to think of it. Don't know go where d. R u still holding?

http://stock.qq.com/a/20170914/024212.htm

1) 山东焦炭龙头->>金能科技公司

2)目前已形成产能230万吨焦炭、30万吨煤焦油深加工、22万吨炭黑、10万吨苯加氢、10万吨甲醇、6万吨白炭黑、1.5万吨对甲基苯酚、1万吨山梨酸及山梨酸钾。

3) 盈利与估值。预计公司17-19年EPS分别为1.23/1.56/1.66元,公司作为山东焦炭龙头,受益焦炭行业反转,业绩有望显著改善,拥有技术及环保优势,未来受益环保加码带来的行业集中度提升,同时炭黑行业或成为新增长极。可比公司17年平均PE估值为93倍,综合考虑,给予公司17年全年业绩30倍的PE估值,目标价36.9元,首次覆盖,给予“买入”评级。


http://file.finance.sina.com.cn/211.154.219.97:9494/MRGG/CNSESH_STOCK/2017/2017-8/2017-08-18/3643680.PDF

焦化是发展很成熟、很具代表性的煤化工产业。产业集中度不高，属完全竞争市场。近年来，
随着国家一系列淘汰落后产能、提高准入门槛等政策的制定和实施，焦化行业逐渐进入规范发展
的轨道，进而为技术先进、安全环保、产业链长、竞争力强的企业带来了发展机遇。
根据《焦化行业“十三五”发展规划纲要》，焦化行业“十三五”期间的总体目标是转型升
级、做精做强。如优质炼焦煤配比降低 4% （保持焦炭质量不降低），钢铁企业干熄焦装置配置
率达到 90%以上，炉煤气利用率达到 98%以上、水循环率达到 98%以上、准入企业污染物排放基本
达到《炼焦化学工业污染物排放标准》等等，对行业技术水平提出了新要求。
焦炭产品具有一定的周期性和区域性特点。其受宏观经济、钢铁行业景气度、供求关系影响
较大，具有周期性特征。2011 年末至 2015 年末，受到钢铁行业下游整体需求乏力的影响，焦炭
行业进入了一轮弱势行情。2016 年以来，随着钢铁价格的回升，焦炭价格也有所反弹。国家统计
局数据显示，2017 年 1-5 月全国粗钢产量 34683.3 万吨,同比增长 4.4%，国内焦炭产量 18282
万吨，同比增长 3.7%。从区域分布上看，山西省是国内最大的焦炭输出地区，河北省是我国第二
大焦炭生产地，是我国钢铁的重要生产基地，山东省是焦炭生产和消费大省，产能在全国排第三
位。

Sad forum

Lol, suddenly so many new accounts. Hold tight for q4 results. If show sustainability then this will be awesome.

Hahaha, whenever in doubt, read Harlem's analysis. Just hold tight.

Once I cash out huaan, I will sailing this counter. Hi everyone

Is 80c a dream?

Lol USD2k happens in ur dream?

Still got faher mother wife son daughter not sold yet. Can add further

Estimate q4 to be 3c - 3.5c

@Jun cost is 0.63 lo. Psychologically, u feel better knowing ppl has high cost.

Haha, my cost is 0.63 plus sailang some more. It's ok. Just patient. Say no rasa also not true but just close eye for time being.

Banyak ramai orang. Interesting trend today. Lai explode with QR.

Lol, got cable from kyy fans. Niceee

Buffett888 I have used spot prices for coke from oct till dec + discount 20% for pollution curbs & stronger Ringgit, EPS estimate for 4Q 17 is between 2ct and 2.5ct excluding write back of impairment for PPE.

Buffett888 I mentioned before when I bet big (not so now), I do 110% homework. I am only a middle class. Can't afford to lose a penny.



I don't quite understand. So do you bet big or not bet big on q4?

Anyway, I did another way, i.e. comparing the spread between coke and coking coal. Q4 spread is on average 8% higher. Following ur 20% volume discount, I get at 3.5c EPS excluding PPE write back. The difference between our method is probably with mine factoring the reducing raw material since Q42016. Revenue is base on spot price (presumably) but reducing cost of sales will be delayed by inventory holding days of about 6 months.

Tsk tsk..... Everyone so nervous. Good good. Ahahahahhaa.

@Betta would do the same if got more bullet.

Tmr QR probably so relax. Don't stick to the screen every second.

Plus oven 4 & 5 operational.

Q4 is the bomb especially on hedging and write back.

@harlem, I like ur comments so far. Pretty consistent with mine but I don't put it down systematically. Lol

Just wait QR then explode. Not expert. At most intermediate. U want to give free advice to me on investment?

Probably. Ahahhaa. U won't know for sure on forum.

3.4 eps need discount 25% tax and the turnaround loss once every 3 years. ESP will be around 2.5. But I agree the PE is still low. Can go rm19/20.

@Ratman u should always rely on ur own sense. That goes without saying.

@Betta I don't get it. Huaan buy and sell in RMB. Local.china market got own pricing. How it relates to USD.