Why, you bought a lot ? Dividend yield is  at 8% now, though only 2.2  sen per share.

You dare to enter china related stock? 

It Is a long term value buy. profit could drop by 50% .

Net cash working capital is 23 sen, where share price is 26sen.

Yup. But in business world trust is very important. What china ppl doing will make investor and consumer loss confidence against their product. I beliv no one will dare to drink china dairy product anymore..."It is hard for you to get a second kidney" at least ppl will think like this..How about the can food? Ppl will think twice before buying too... They are spoiling their reputation. Once pppl loss confidence against you.. it is very hard to gain back the trust again.

Well, in view of not so recent major earthquakes in China, China still needs the Steel to rebuild their cities.

And China is progressively developing its infrastructures, where steel is still needed.

Their car industry is  at an infant stage, mainly  for the locals. If they are able to export, then more steel is needed.

NTA is about 71sen, dividend policy is 10sen per share. net cash working capital is 23sen per share.

Only can see result in long term. But at 25sen , it is better than buying warrants ( not comparing apple to apple ).

Bottom line, judge your own.

Huaan 0.24...my target revised to 0.18

500 Lots is only 50 lots last time.

I think " sapu "  should be used for 5000 lots and above. At least, price could move up 1 to 2 sen.

They're currently supplying their cokes locally in the chinese market only right? With the added capacity, they'll be able to export it overseas also if local consumption is low?

So, can it be said that 100% of their new production capacity will be sold?

Shares disposed by naquiyuddin

No. Date Transaction Type No of Shares Price (RM)
1. 17/10/2008 Disposed 1,879,000 0.265
2. 20/10/2008 Others 400,000 0.260

In the present economic situation , it is better to think of the worst case scenario, that it could suffer losses too.

Maybe it collapses  too. The risk you may have to take when buying Huaan.

Just my 2sen.

the NS royal family holdings in Huaan seems to be hit by margin calls

http://www.btimes.com.my/Current_News/BTIM...icle/index_html

http://announcements.bursamalaysia.com/EDM...23?OpenDocument

and loads of other YMAM tunku's tunku's disposal of huann shares.

So u know la ah ... will fall somemore ...

All the margin calls would sink KLCI to 600 pts..unless the Govt steps in.

Never buy shares with margins , those group of investors are the most affected in 1997/98 Asia currency crisis.

'not that much' ?
====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.A.M. Tunku Dato’ Seri Nadzaruddin Ibni Tuanku Ja’afar
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000

====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.A.M. Tunku Jawahir Bt. Tuanku Ja’afar
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000

====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.A.M. Tunku Dara Tunku Tan Sri Naquiah bte Tuanku Ja’afar
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000

====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.A.M. Tunku Tan Sri Imran Ibni Tuanku Ja'afar
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000

====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.A.M. Tunku Irinah binti Tuanku Ja’afar
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000

====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.M. Tunku Nurul Hayati Binti Tunku Bahador
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000

====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.A.M. Tunku Naquiyuddin Ibni Tuanku Ja'afar
21/10/2008  850,000
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000
====24/10/2008  Changes in Sub. S-hldr's Int. (29B) - Y.M. Tunku Mohamed Alauddin Tunku Naquiyuddin
21/10/2008  850,000
17/10/2008  1,879,000
20/10/2008  400,000
Notice that the seling is similar in lots .... looks like margin calls ... so do i expect more similar forced selling by this bunch if huaan drops more ?

Yup, if 10 cents, I would gamble a little on it, not much harm done. Something like getting 100 lots only cost 1K, still cheaper than buying a high end HP or a PC. 

Wow! you pants worth 1K lor! 

When is the bottom ? 600, 500 or 400 pts ?

I oredi bought 100lots this afternoon at 0.19. planning to sell tomorrow :-p

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Added on October 29, 2008, 8:03 amI bet huaan will hit 0.24 today , i m going to offload my huaan today