Coking Coal price is shooting up recently >USD1,500 lately; economic is coming back strong in Q3/Q4 in China and demand of coal will goes up not only for business and for winter time as well therefore their Q4 earning later will be few hundred million sales when report in late Feb 21. You'll regret if you sell the share too early. Estimate can go to RM0.40/RM0.50 by Q1, 21.
I've already made enuf $$$$$$$$$$$$$$$$$ from Huaan in 2017-2018 buying 515,000 for an average 6.7c & selling on the way up...to as high as 63c. I traded one round in 2019, buying back for an avg of just under 25c & selling all at just below 30c, then averaging down throughout 2H '19 - 1H '20 before selling 80% of my stake today.
Huaan is strictly for kopi lui only in 2020 =) I've got much much much JUICIER targets in my sights =)
You are right dompeilee, new comers don't know the history you we better watch them dive, cut profit today good counter if you learn its behaviour, HAHA!!!!
I'm not saying it cannot go up further...just that ppl can't seem to realised these operators' game plan: get cheap placement shares in the tens & hundreds of millions & goreng up for a few days to dump to ignorant desperate retailers.
Same modus operandi as AHB, MMAG,XOX & AT. Many retailers got duped when they goreng & planted overoptimistic stories in the media & are still stuck with their capital 50% less or worse.
@dompeilee - your statement applies to all stocks apart from blue chips, investing in the stock market is just another way of gambling, you make a profit doesn't mean you're smarter than others, it's just that you're luckier
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....
Anisdesanika
1,235 posts
Posted by Anisdesanika > 2020-12-14 14:51 | Report Abuse
Wow!Huaan ceo is very charismatic!Very good interview!