Date = 4/6/2009

Last Done Price = 0.535

Still holding it. Not sure what price will be the price after 3 year.

huaan will start to fried again gua... hehe

hei you keeping pelikan for 3years?
am thinking ditto leh

stationary share alway jump between April-July.

Asiafile may be the next.

This post has been edited by Joe2009: Jun 4 2009, 11:37 PM

huh .. come share i keep many many years too lo

Huaan lai liao....
555 'smoke brand' hehe

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Added on June 5, 2009, 10:02 amsoon will be taiko...

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Added on June 5, 2009, 5:02 pmDate = 5/6/2009

Last Done Price = 0.56

This post has been edited by smartly: Jun 5 2009, 05:02 PM

commodity is always king, huaan is producing coke in china, u can relate it to steel demand. Actually to thing that make Huaan profit:
1. the difference in the price of coke(the product-to-be-sold) and the coal(the material-need-to-buy) the higher the difference the higher the magin
2. the economy which affect the steel demand which affect the coke demand

Jim Roger and George Soros agree that the China is the next dragon that the world have to watch out, the economy growth of china is going to open our month soon, thus the coke demand is definitely increasing.

Actually from the profile of Huaan, it is not an ambitious company that have big big vision like Genting and KNM who always aim to be the world top player. However, as commodity is still king, the profit of investing in it is still quite attractive and promising

Commodities are heading north, no doubt about that.

But company related to commodities won't benefit directly through the high price of it except for those doing the basic raw materials one, like Exxon (drilling oil), BHP or Rio Tinto that own iron ore.

As stated in (1), basic commodities price rising might lead to higher coal price eventually cost of Huaan become higher while coke price might not rise in line with coal, as economy is not growing robustly yet so demand for steel might not back to its old glory day, so profit margin could be shrinking in this kind of scenario, which is not fully favourable for those doing intermediate commodities prodcut.

good piece of news then.
HUaan is coming....

how far can this go ? owstrade.

HONG KONG (MarketWatch) -- Forecasts in two Chinese newspapers on just-released economic data proved remarkably, almost suspiciously accurate, with analysts saying the reports' other predictions may now point to possible upside surprises from more data due out later this week.

Reports in the mainland Chinese publication 21st Century Business Herald and in Hong Kong's Ming Pao managed to predict the consumer and producer price results ahead of their release Wednesday. See story on Chinese inflation.

The accuracy of the newspapers' forecasts beat out those of most economists, and Merrill Lynch said the results, rather than being a lucky coincidence, show that the "whispered numbers" referred in the reports are reliable.

"Today's release confirms those whispered inflation numbers, meaning other whispered numbers are likely to be highly credible," Merrill Lynch analysts said in a note Wednesday.

Strong growth tipped
The Merrill analysts said some of the sharp rise in Hong Kong stocks Wednesday reflected the market's belief in the so-called whispered numbers, many of which predict stronger-than-expected growth in upcoming data sets.

Hong Kong's Hang Seng Index closed 4% higher, while the Hang Seng China Enterprise Index -- which is composed of Hong Kong-listed mainland Chinese companies -- shot 5% higher.

The reports say fixed-asset investments for May, due out Thursday, will show a 32.9% rise, while the month's industrial production and retail sales, due Friday, will post gains of 8.9% and 15.2%, respectively.

All the newspapers' forecasts are higher than expected.





>> how far can huaan go??????????????????

touches 0.59.

seems like a good entry point ? .53 cents ? it's been above .55 cents for the last week and a half - 2 weeks ?

world mkt seem under correction...
not sure how far can it go, if enter now ?

well, it would depend on your view whether its having a 'correction' now b4 resuming its run upwards ... even dali's site is saying index of 1100 is achievable...

Huaan is a steel business based in china, with the amount of development/construction being pushed forward in china , does it mean this stock will be ok to keep for a longer term?

well, HUAAN drop like hell
as i just buy 1k less than 7 days.....
and my 200 ringgit has gone........

hope when economy turns good, HUAAN can raise till 0.8 or more....

Queue at 0.44 today but did not get it!

wow, you are terrible

this share got any news?

the gap between raw material and coke is widen, show a good sign both for coke and steel company.
u can see on their website