http://www.theedgemarkets.com/article/worldsteel-raises-forecast-2018-global-steel-demand-growth-18

This is why the demand for met coke will continue to rise, whether it is in China's domestic market or India.

Effects of better GDP in China (which will translate into higher consumption) will be felt these two days. Earlier two days, uncertainties over US action on Syria have caused a cautious stance among funds, and retail investors. Now, that appears to be nothing but a small issue and with good China GDP results and a shift in focus on earnings, there is a good chance that the rebound will happen today or tomorrow. Watch before noon action.

here is the good news. https://www.bloomberg.com/news/articles/2018-04-17/china-economic-growth-remains-robust-amid-strong-retail-sales

It needs to break 0.49 before getting to momentum to test next high

Last three trades show that the bulls are strong but indecisive. Study the earnings and assets and you should know where it is heading

Huaan will be testing a new high today, perhaps 0.48. Signs are good while volume still lacking. At 0.49, it will be above the Ichimoku cloud and a very good sign to go up further

@GM68, indeed he has abused his stay here

It was a performance show. Not affecting DJ or any european markets much. It will be one of Trump's shows.

Good earnings. AGM soon.

Upturn in Global Steel Demand Continues

The World Steel Association (WSA) - the international trade body for the iron and steel industry - sees global steel demand to expand 1.6% in 2018. While the WSA envisions a slowdown in demand in China due to the government's efforts to rebalance the economy and clean up the environment, the momentum is expected to continue in the rest of the world. Global steel demand barring China is expected to rise 3% in 2018.

The WSA expects the global economic momentum to support a growth in steel demand. It sees steel demand in the European Union to go up 1.4% in 2018. The Eurozone's economic recovery continues apace. The region's recovery is backed by declining unemployment and strengthening business and consumer confidence.

more here..https://www.nasdaq.com/article/5-solid-steel-stocks-that-are-set-to-run-higher-in-q2-cm943552

More good news, I think. You need iron ore and coke to make steel. Any comments from experts out there?
https://in.reuters.com/article/asia-ironore/dalian-iron-ore-extends-gains-on-restocking-demand-idINL3N1RO1TC

The cloud will be broken today if everything falls into place and it is already trading above its 21MA. It should break the 0.50 mark before noon, and proceed to reclaim its last high

Congrats to all who listened and held on

If it breaks through 0.50 today, tomorrow you can see renewed interest in buying.

Good volume like previous day. Broken the 1bil mark by mid-day break. Strength should increase at opening. If all is good, breaking 55sen today or tomorrow can be expected.

strong buys at 430 and 435. 440 is just matter of time

Today it may hit 0.50 given to what happened yesterday and previous.

If you have all done your homework, know what you are doing, like when Huaan was 0.34 just days ago, you wont be losing sleep. Today's fall/inverted hammer is expected. Nobody is his right mind would resist taking a 10sen profit. But look at how big the volumes at 0.44/45 are and you can guess what kind of buying sentiment already present. If you do charts, look at Huaan's movements. If you do fundamentals, ask if there has been any reduced elements. If not, if everything remains the same, why worry?

Relax. Yesterday's rise was too fast.

Looking at the charts, if it touches 50sen, it will have enough momentum to take it to 0.55, after which it will reclaim its 0.62 spot before Trump's disruption. Assuming all fundamentals remain intact, steel is needed for China's domestic market, then Huaan is looking at a profitable quarter.

feb 19, it opened 51.5, hits a high of 59sen, and drops back to 56.5. Four days later, it opens at 57.5 and hits 60.5. Volume was only 0.106bil. Today, this volume has been surpassed at 0.121bil. Yesterday volume was 0.167b. You can roughly guess how big is the momentum

technically, the MA (5) just crossed over MA (21). This is a good sign. Afternoon should see renewed interest to see its retracement to the 0.50 level, and with enough momentum (good news like good results, future contracts, increased production/demand, etc) should see it breach the last high in February.

Funds moving in? Looks like it

Not results. Still far away. Today's President Xi's speech. All bourses flying. That's the danger. Let's hope Trump doesnt say something stupid again tonight

today's volume is biggest since early Feb when it hit 60sen. just be careful everyone.

wah, someone just chucked away 1mil at 0.41.. careful now, profit taking coming.

I think depends on your target. these are unsure times. today may be good but tomorrow bad. nobody knows. if you are happy making 5K a day, it's all right what. that's one month salary for many people

Sold at 390 today. Thank you Huaan! Rest of you who still in, Gambateh!

momentum not strong yet. It has to break 0.44 to confirm rising trend

GM68, look at met coke futures. It's still strong buy recommended in investing.com.

Yes, Tripple. That's where we have to be kiasu-kiasee like singaporeans

If I own the counter, I will make sure it closes above whatever price you want

This is also interesting, albeit two months old..
http://www.sxcoal.com/news/4568394/info/en

This is an old document by MIDF research done two years ago. Read and compare of how much the estimates have materialised. http://www.midf.com.my/images/Downloads/Research/Sector/Healthcare/Healthcare-Resilient-amidst-cost-pressure-MIDF-300916.pdf

Counter is undervalued since it's last share-split. Now that it is affordable for small-time investors, the prices continue to be depressed. Makes on wonder why. It's probably due to many factors, including the economic gloom experienced worldwide and lately, the Trump-China spat. Does private healthcare have a future in Malaysia? If so, how does KPJ, as the largest private healthcare provider reap benefit?
Perhaps this can offer some insight:
https://oxfordbusinessgroup.com/overview/adapt-and-improve-public-system-calls-private-support-maintain-its-excellence

Also this
https://www.businessdailyafrica.com/corporate/shipping/Big-projects-drive-China-steel-demand/4003122-4360614-wq9hdcz/index.html

https://blogs.wsj.com/moneybeat/2018/04/01/on-steel-forget-trump-think-china/

Judge for yourselves where this will bring

This is the reason why Huaan will benefit: http://www.theedgemarkets.com/article/steel-stocks-rise-chinese-rebar-price-gains

monsterlucas - if it breaks the 20day MA (0.39) tomorrow, it should be testing 40sen resistance soon after. Today's volume is good as you can see but let's confirmation tomorrow. Fundamentally, if it is still in the black where profit is concerned, I believe that it is still undervalued.

Perhaps to understand more about buying stocks in the healthcare business, this article by Pemandu may give some ideas: http://etp.pemandu.gov.my/Related_Stories-@-%E2%80%98Healthcare_demand_continues_to_be_robust%E2%80%99.aspx

For those who love looking at the future of met coke in steel-making, perhaps this article will tell you what you dont know. https://seekingalpha.com/article/3785906-metallurgical-coal-future

If it breaks 0.40, there will be enough momentum to take it to new heights. The past few weeks has been an oversold outlook. Even after 0.40, this 50-sen par value share is still cheap.

No need to wildly guess. If you have done your homework, you will know where it is heading. If not, even god cant help you

It has gone up from 91sen to 1plus. Be careful.

Look, dont worry about the US tariffs. Just check see how much of steel does China export to US (from China's overall production). Then check and compare how much of Huaan's coke is being taken up by China's mills - and how many other less known markets like India for instance. If Huaan's export of metalurgical coke has increased, and its supply cost drops, in comparison to previous quarter, then logical will dictate. Of course, it can be asked why the price drops from 60plus sen to 30plus now. Which share doesnt do a free-fall? The more important thing to ask is if the funcamentals are intact. That means:
1) Has Huaan's exports increase
2) Has the demand for what Huaan is offering is increasing
3) Had the number of competitors remain constant, reduced or growing (and how many if they have just joined, are able to give a big challenge in terms of pricing)
4) Has the cost of producing/mining coke for Huaan increasing or reduced, and will it be reduced further with growing production lines
5) Is Huaan venturing into new markets and diversifying its stable?

If you know some of the answers to the above, it really doesnt take much sense to decide whether it is a share you should go long in or short. You dont have to lose sleep in the hope that someone pushes up the price because you know whether you buy or not will not affect the company's natural course

Quarter results of the past show all red and yet people chasing? Sure not a goreng counter?

The internet holds a wealth of knowledge before investing. I had been watching comments on Huaan and it amuses me that one only needs to search the right words to know whether to buy, hold or sell, without losing sleep.

Why are people looking only to China and not India? Read this:
"India will be the single largest driver of global steel demand growth over the next 20 years. Finished steel consumption in the country grew significantly between 2010 and 2015, rising from 63 Mt to over 80 Mt, and CRU forecasts that consumption will surpass 100 Mt by 2021 and grow to near 280 Mt by 2035."

https://www.crugroup.com/knowledge-and-insights/insights/hard-coking-coal-to-fuel-steel-growth-in-india/

To consider whether this is a good stock, check out this report by the world coal organisation:

"Increasing Demand for Steel
Over the last 35 years steel production
worldwide has almost doubled, from less than
600 million tonnes (Mt) in 1970 to around 1.2
billion tonnes in 2006. The period 2000-2006
has seen unprecedented growth, with global
figures rising over 47%.
Coal & Steel 3
Much of the demand for steel is being driven by the
strong and rapid economic growth of China and
India. In 2006, economic growth rates in those
countries were 11% and 9% respectively. With a
population of over 1 billion in India, and almost 1.3
billion in China, the demand for products and
services has fuelled an almost insatiable demand
for steel. China and India together consumed over
445Mt of steel in 2006, around 40% of total
global crude steel consumption. This is set to
continue as India is projected to eclipse China in
population size by 2025 and the two countries will
account for around 36% of the global population.
Rapid urbanisation worldwide is driving demand
still further – as cities grow, housing, water and
electricity are urgently required. Transport links
must be expanded to meet the geographical
growth of urban and peri-urban areas. The
availability and reliability of modern
communication systems also becomes ever
more important as urban economies become
more sophisticated. Around 4.9 billion people
are expected to be urban-dwellers by 2030 -
60% of the world’s population. This will place
huge pressure on existing infrastructure and
create significant demand for housing, better
transport systems, communications networks,
energy, sanitation and healthcare.
Coal will continue to play a major part in the
manufacture of the world’s steel for the
foreseeable future. The well-supplied world market
means that metallurgical coal can be delivered
worldwide, facilitating the manufacture of steels
which will ultimately deliver the goods and services
that growing economies demand."

https://www.worldcoal.org/sites/default/files/resources_files/coal_steel_report%2803_06_2009%29.pdf

Coke futures trending up for monthly demand. Good news should be coming soon as soon as US-CHINA settles trade discrepancies