Technical wise, Huaan has definitely turned bullish after it has breached EMA 200 treandline. Fundamental wise, I can't find any catalyst for such surge in price becoz based on a recent article, it indicated the met coke price at 1,968, while coking coal at 1,231. At this rate, there isnt any justification to suggest higher average sales. Even met coke price was around 2,500 at its peak in late 2018, the average selling price reported was much lower. Unless there is good news abt its diversification into technology business, there isnt any new catalyst. Pls enlighten if you hv any thoughts.
Sharks will test several times whether there are still weakholders or not. So price will ding dong ding dong for awhile. Step out if you are weakholders
PH seems to find BN mistakes to get credit...when PH already makes so many mistakes and condemning China, EU and trying to teach other countries not to borrow fro China etc...be more proactive and think before one speak..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
adamdacutie
1,456 posts
Posted by adamdacutie > 2019-03-20 15:07 | Report Abuse
Declaring dividend soon :)