Buy .......................

Announcement is near the corner ...... 80 cents is in the making .....

sold at 1.28 (brought 1.16 yesterday) ...... locked in contra profit first.

today TP 0.60 ....... announcement is on the way .... after announcement out ..... maybe 0.80 .....

just nonsense sharing ....................

tecpower, Dnex that time I brought at 0.25 ..... I recommend to buy when the price fluctuate around 0.24-0.25 ....... and my target price that time is 0.50 ....... that time Traderman think it is ridiculuos (but he chased when rose above 30 cents) ..... anyway ..... think that time is aorund early this year or end of last year ..... quite sometimes ago .....

announcement is on the way ...... hold tight ...............

doing good today.

traderman, again when you attached Dnex and said it will drop below 0.20, Dnex rise from 0.24 to 0.50, now you attacked hibiscus this will rise from 0.45 to 0.90 ................. haha .......... dont chase like Dnex after rose ....... kiki .... anyway .... now price still cheap ......

Buy ........ next qtr result is damn good ....... EPS maybe double ......

Recent harvey hurricane had caused material cost increased within this couple of months and next quarter margin might be affected by 2 to 3% before passing to customers. Besides latex cost is increasing.

Revenue is good due to sales volume increase but margin being suppressed. Price is holding good before result out as compared to other glove counter. See how tomorrow and later on share price reaction.

hstha future and current market price difference is become smaller, I think tomorrow there will be rebound if not day after tomorrow. Trend will be changed to upward trend.

Above info that had showed what I shared this few days:
- Sep price adjusted up by RMB100 per tonne, I think in 2nd half of Sep or early of Oct, there will another price upward adjustment, maybe RMB100
- Coal adj. up RMB50 whereby Coke adj up RMB100, see the positive difference.
- Another I had highlighted before Shandong Coke supplies is limited, so dont think production capacity will be cut and most likely will be maintain around 50%. To me, China will focus on strict production cut on Beijing Tianjin and Hebei area while Shandong might remain the same production capacity during winter time.
- Shandong coke supplier Sep price is around 2250-2310, I think next qtr due to shortage and major construction work like 金九银十 which mean Sep-Oct lot of construction work will begin and this will boost the coke price. Next qtr estimate will be another 10% increase and mostly likely around 2,400-2,600 level for coke price.

September is going to end soon, what will be Oct Target price, think that time will around 40-50 cents.

Just nonsense sharing.

焦炭价格大涨
　　煤炭市场“淡季不淡”
　　百川资讯9月14日提供的数据显示，焦炭市场开启新一轮上涨，涨幅普遍在100元/吨。此外，港口动力煤现货价格近期明显上涨，煤炭市场“淡季不淡”。分析师表示，在供应端持续偏紧的预期下，预计煤炭价格短期仍将上调。
　　焦炭价格新一轮上涨
　　数据显示，焦炭市场强势运行，9月份已开启第二轮调涨，各地普遍上调幅度为100元/吨。百川资讯指出，河北、山东率先开启调涨，炼焦企业普遍维持低库存水平，议价能力偏强，下游企业接受态度良好；河钢、莱钢等大型钢厂将焦炭采购价上调100元/吨。山西焦炭市场局部调涨，焦企后市心态乐观，报盘坚挺。西北焦炭市场价格上调100元/吨。西南焦炭市场交投气氛活跃，9月中下旬有调涨计划。东北地区焦炭市场延续稳中偏强走势，部分企业价格上调，下游企业近日焦炭采购价格有上调计划。
　　焦炭价格的大幅上涨推动焦煤价格上涨。最新一期CCTD唐山主焦煤价格较上期上涨50元/吨。
　　此外，动力煤市场呈现“淡季不淡”景象。最新一期环渤海动力煤价格指数报收于583元/吨，环比上涨3元/吨，本期价格指数涨幅扩大。从环渤海六个港口交易价格的采集结果看，在24个动力煤品种中，价格上涨的品种数量9个，涨幅均为5元/吨。
　　最新一期“CCTD秦皇岛动力煤价格”数据显示，秦皇岛CCTD5500大卡煤种报收于610元/吨，比上期价格上涨4元/吨；CCTD5000大卡煤种报收于571元/吨，比上期价格上涨14元/吨。
　　业内人士表示，多因素引发煤炭供应收紧预期，市场看涨心态发酵。受安全、环保检查等因素影响，主产地煤炭产能释放缓慢，产量增长不及预期。此外，10月份大秦线集中检修等因素将对供给带来一定影响。
　　从需求来看，焦煤方面，钢材产品价格继续上涨，钢厂开工充足拉动焦炭、焦煤需求处于高位。动力煤方面，进入9月后，电厂日耗并没有迅速下降。机构数据显示，上周六大电力集团沿海重点电厂存煤总量为1101.05万吨，日耗75.26万吨，库存可用天数15天。
　　淡季不淡
　　煤炭市场“淡季不淡”特征显现。分析人士表示，随着柴油汽运集港逐步退出，且大秦线检修即将开始，煤炭供应将偏紧，刺激下游采购积极性提升，预期港口动力煤现货价格将继续高位震荡，炼焦煤稳中有涨。
　　百川资讯数据显示，目前河北唐山焦炭到厂价格区间在2280-2320元/吨，山东的价格在2250-2310元/吨，江苏为2200-2260元/吨，山西为2000-2050元/吨，陕西为2100-2160元/吨。
　　百川资讯预计，鉴于当前下游生产积极性偏高，且焦企普遍库存处于低位，预计短期焦炭、焦煤市场将延续稳中偏强运行，价格或进一步上调。
　　从焦炭下游市场看，百川资讯数据显示，目前唐山钢坯市场报价仍处高位，普碳坯价格为3790元/吨，低合金坯价格为3830元/吨，且需求较上个月有所增长，市场心态表现坚挺。
　　根据山西证券研报，近期尽管动力煤消耗进入传统淡季，但产地供给持续受限，且主要煤矿库存普遍偏低，煤矿降价意愿不足。上述因素互相影响，动力煤价格近期将继续高位盘整。而炼焦煤除受上述因素影响供应偏紧外，随着“金九银十”多地重大工程进入集中建设期，炼焦煤价格将稳中有涨。

Regarding the coke price, think short selling already reduced and absorbed and stabilised around 2180 - 2200 level, if tomorrow can stand above 2200, this will be good for coke price, as this will back to uptrend mode.

To me, as long price stand above 2,000 level, this coming qtr results will be better.

after samchem, next big up will be nylex ...... hold tight .........

mum now is move faster than son whereby son premium is keep dropping ...... what i am thinking is son still not in running full fire and they keep accumulate the son ...... once broke 1.30, the son will run like mad ....

Hold tight ...... maybe good new coming soon .....

noemo, noted thanks. Hope I still survive that time, haha.

gem undervalued .............. when going to rebound ? Today or tomorrow ?

Jonny1234 thks for explanation.

think will cross over 1.20 soon ...... hold tight .......

Thks hstha .... arbitrage mean what ? Not understand.

hstha, maybe you can try to use few commodity price to compare current and future price including:

- crude oil
- metellurgical coke
- coal
- currency

to prove future more than spot price mean bullish or bearish ..... can discuss as I not familiar as well.

Besides, doing business is different way depend on company whether hedging or not if commodity delivery time do affect price fluctuate, in annual report, they might write some hedging policy on this.

This one I did not study further.

Loan borrowings think no need for EGM .... only disposal of land, building and company need to announce.

Loan borrowings including bridging loan (property/construction), land/property term loan, hire purchase facilities, etc.

Just now shared the website, dont know why firewall cannot access the website ......

Company plan to borrow banking facilities in June (after few months running business at profit since Feb'17 to prove for bank) and for Jul'17 expansion and monthly inventories purchase.
- Trade credit facilities (production capacity 1.8 m / 12 x 1.5 x 50% x 1300 = RMB 146 million
- expansion and renovation of factories and upgrade plant & equipment / working capital = 104 million
Total banking facilities required is about 250 million as we expect we will ramp up production capacity in following qtrs. We believe bank only will allow us to use banking facilities for business purpose not for goreng bitcoin or coke like what stupid beggar king said. Trade credit facilities will facilitate our purchase of coals due to market shortages and sometimes need to pay in cash, and this need bank to finance and we will use customer payments as collateral.

http://www.lhb.gov.cn/index.php?id=2313
Above picture is our July factory expansion (normally requires department of environment to inspect the progress of building up factory for coal storage and coke manufacturing to ensure we meet the government requirement).

Hopefully above business expansion plan will not cause you to rush to buy our stocks since coming quarter we are doing good as well.

This one is nonsense sharing as well.

If future price is higher than cash market or spot price, this indicate bullish signal not bearish signal, as this mean in coke price in future is trending uptrend as speculator speculate the commodity price will be higher due to shortages of coke supplies in coming winter season.

This also applies to crude oil future market, let's say Nov contract crude oil price is higher than Sep or Oct contract price due to speculators expects the crude oil price will trend upwards and this indicate bullish signal.

Normally cash and futures market is moving in same direction.

Huaan inventory if not wrong think mostly consist of coal inventory since coking process wont take so long and this need to supply to nearby steel mill in due time. So I think coke price is using current market price instead of future contract price and not like palm oil which using forward contract to hedge due to order and delivery time may take couple of months and price do fluctuate within this couple of months period.

Anyway, current margin is at high level for coke business and coke price is still maintain above 2,000 at least and future price still in uptrend.

在供给侧结构性改革不断推进的背景下，今年上半年煤炭上市公司盈利能力大幅回升，经营状况良好，彻底摆脱了前几年的困难局面。据2017年半年报披露显示，37家煤炭上市公司平均销售毛利率27.9%，较去年同期上升12个百分点。其中，销售毛利率超过30%的上市公司有19家，去年同期仅7家。与此同时，37家上市公司净利润率为10.5%，较去年同期大幅上升17个百分点。

值得注意的是，截至目前，已有14家公司披露三季报业绩预告，业绩预喜公司达到12家，占比逾八成。

煤炭行业基本面仍然向好，但预期板块波动增大，长期仍以价值为上。目前看整体基本面好于预期，由于安全监管因素，煤炭短期供给略有收缩，预计动力煤价淡季仍可维持高位，焦煤提价动力仍然存在，焦炭供给收缩的逻辑可持续至中期。

Above you can notice following:
- Net profit margin is about 10%, if this coming qtr result is 300 m, the net profit will be 30 m, then EPF will 2.67, using PE 10, TP will be around 1.07, but discount by 50%, still can get 50 cents.
- What is this coming qtr average selling price for coke ? estimate maybe around RMB 2,263 per tonne compared to previous qtr at RMB 1,968 per tonne, this is about 15% increased in selling price
- What is this coming qtr average raw materials coal price ? estimate maybe around average RMB 1,300 per tonne as compared to previous qtr RMB 1,167 per tonne
- The margin or coking spread is about (2263 - 1300) = 963 compared to previous qtr at (1968-1167) = 801 ...... this qtr margin is improved by about 20%. So profit may be more than 30 m.

So, will you let go and then buy back at higher price ? You decide.

Wait for selling pressure over first .... agreed they can sell their tickets as it is their own rights ..... tickets need to switch hands along the way ..... now not right time to comment.

Cheers and all the best. Enjoy our weekend first and family time.

Your road you decide. Dont want to comment further.

0.23 to 0.235 still strong support ..... wash out weak holders and prepare to fast run to 0.30 on Monday .....

From the news shared by hstha there are 2 good things for huaan

1. Coking coal fell more than metallurgical coke price. Raw materials coal fell 7% coke selling price fell 5% mean spread increase to 964 from 8xx so good to Huaan.

2. Ramp up production capacity for steel making due to winter..... good for Huaan .... as coke demand increase ....

Revenue and margin sure earn gao gao

haha guess wrong paiseh .... anyway ..... strong accumulation at 0.80 for those T+3 and T+4 dumping.

Wait next Monday .... fundamental good .... wait for next surge .....

Good entry price and good patience ..... thumb up.

TheLegend27 you brought what price ?

today is up not down ...... 5pm not yet ...

watch movie first ..... need to wash weak holders first ....

For me, I will choose Hibiscus and Serbadk ..... O&G counters still not yet recovered, for those downsteam one, it depend on PETRONAS capex for 2nd half 2017 and for year 2018, PETRONAS still cut its capex, so downstream one is still not yet recovered at this moment.

For upstream, this will benefit from crude oil price increase, especially those having low cost for running the business, like Hibiscus. Other depends depend on its cost, extraction rate and finance cost.

For Rapid project, those related to Rapid project still can have a look, but room for upward potential may be limited.

Just nonsense sharing.

Some comments on Emetall:

1) Company has incorporated new subsidiary named EONMETALL CAROTENE OIL SDN BHD, this will do business segment as BOT, build operate and transfer for PKOE plant.
2) The strong profit margin generated from sales of PKOE plant is about 30%, this will increase further as currently Company to explore further market opportunities with GLC companies in Malaysia and also in Indonesia market
3) The lowest margin in this year for steel manufacturing segment will be improved due to cost pass by mechanism and USD weaken will save raw materials cost. Besides, steel racking business is improving.

3 white soldiers mean 3 days white candle, the price will move to the region between 0.90 to 1.00 first. TP will be around 1.20 once broke 1.00 resistance.

Buy .........................................

Normally coke to steel is 1 to 2 ratio, if not wrong. Besides, Huan is not running at full capacity, using previous qtr, it is running at 50% capacity.

Currently, the ratio is already there. This mean steel and coke production capacity is running at that level due to government control, but anyway this depend on each city and town pollution control, if those city is heavy in pollution index, control may be stricter.

For the seahorse project in Australia, estimated 12,000 barrels per day.

12,000 x 30 x USD 55 x 4.2 = 83,160,000 x 30% = 25 m profit additional to the bottomline.

North Sabah announcement is on the way.

Hibiscus at least 0.60 .......

wait for 3 white soldier coming soon and sooner

got dividend ? hopefully ....

Company buying back shares again 1.15 to 1.19 yesterday ..... sure support by company ..... dont think wont surge ..... will surge within this month

thanks 3yes, help me shout.

I think before or after dividend ex date, PWF will fly to sky ........ about 30% surge ..... that time want buy also cannot liao ..... haha .....

announcement is near the corner, just hold tight ..... if announced, price will open at 0.55 ....

Just nonsense sharing.

sold all at 0.68 ..... cleared all gold theme stocks ..... released capital.

Last call ............ buy before surge

Go go go ...... still behind Tomei .............

Go go go .................

Alamat, after I sold ..... fly further ..... sad .....

Thanks and wish you huat as well. Tomei really low PE. Will in next round.

Buy .........................

sold Tomei at 0.865 (brought at 0.655), released capital first. Sialang Pohkong now ........

Tomei and Pohkong correction think almost done already, please be ready for next fly