Revenue more than halved Loss increased to 10x No material progress from MoU Raw material company diversifying into IT? Poorly managed company, indeed!
Huaan has an excellent core business ie selling metallurgical coke for steel making. Now, expanding into food technology ie TTP with plans to expand 100 outlets in the Asia Pacific region.
Steel is very important for any nation for infrastructure growth. Hence, metallurgical coke is needed to make steel. Clearly, when the lockdown is reopened especially in China, steel and copper prices is going up steadily. Likewise, metallurgical coke price is climbing up. Let's see how Huaan will benefit.
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....
nasrulfahmi
593 posts
Posted by nasrulfahmi > 2020-06-04 14:57 | Report Abuse
going to the sky