Sanichi gets LOI for 1.8m tonnes of steam coal

KUALA LUMPUR (Dec 13): SANICHI TECHNOLOGY [] BHD []
has received a letter of intent from China’s Guangxi Huayin to purchase
150,000 tonnes of steam coal per month, totaling 1.80 million tonnes
for a one-year period.

Sanichi said Guangxi Huayin is one of the largest and most advanced
aluminium producers in China. Guangxi Investment Group Co. Ltd hold a
34% stake, Minmetals Aluminium Company Ltd (33%) and Aluminium
Corporation of China (33%).

“The LOI enable Sanichi to commence negotiations with its supplier(s)
to obtain firm commitments to match the buyer’s specifications and
requirements,” it said.

It said the earnings would from the trading margin between Sanichi’s
selling price to the buyer and the company’s buying price from its
supplier(s).

“The company expects to obtain shareholders approval by first quarter
of 2012 and therefore, it is anticipated that the commencement of
supply of steam coal to the buyer will be no later than end of quarter
two of 2012,” it said.

Sanichi said based on the estimated net profit margin of the coal
trading business to be 1%-2% and the volume of the LOI order, it
expected a positive impact on its earnings per share and net assets per
share for the financial year ending June 30, 2012.

The estimated profit sharing arrangement between Sanichi and FIRC Trade Sdn Bhd was 30% for Sanichi and 70% for FIRC

wa LOI dah keluar; ni mesti steaming coal esok

too bad no steam i hv some lots there

hukiju wrote:too bad no steam [You must be registered and logged in to see this image.] i hv some lots there [You must be registered and logged in to see this image.]

tips n news doesnt mean profit [You must be registered and logged in to see this image.] wysiwyg most important

yeah wysisyg betui tu, man this company lintang pukang, jap jual minyak skrg juat coal, dulu jual bastik

Cals wrote:yeah wysisyg betui tu, man this company lintang pukang, jap jual minyak skrg juat coal, dulu jual bastik

[You must be registered and logged in to see this image.]

phoenix wrote:

hukiju wrote:too bad no steam [You must be registered and logged in to see this image.] i hv some lots there [You must be registered and logged in to see this image.]

tips n news doesnt mean profit [You must be registered and logged in to see this image.] wysiwyg most important

what is wysiwyg?

hukiju wrote:

phoenix wrote:

hukiju wrote:too bad no steam [You must be registered and logged in to see this image.] i hv some lots there [You must be registered and logged in to see this image.]

tips n news doesnt mean profit [You must be registered and logged in to see this image.] wysiwyg most important

what is wysiwyg? [You must be registered and logged in to see this image.]

hi hukiju, welcome 2 BC [You must be registered and logged in to see this image.]

wysiwyg - what you see is what you get

u may wan 2 get urself familiar w more jargon/short form by reading up here

[You must be registered and logged in to see this link.]

hlk wrote:

hukiju wrote:

phoenix wrote:

hukiju wrote:too bad no steam [You must be registered and logged in to see this image.] i hv some lots there [You must be registered and logged in to see this image.]

tips n news doesnt mean profit [You must be registered and logged in to see this image.] wysiwyg most important

what is wysiwyg? [You must be registered and logged in to see this image.]

hi hukiju, welcome 2 BC [You must be registered and logged in to see this image.]

wysiwyg - what you see is what you get

u may wan 2 get urself familiar w more jargon/short form by reading up here

[You must be registered and logged in to see this link.]

Thanks! but i dont get it why wysiwyg is most important..

Cals wrote:yeah wysisyg betui tu, man this company lintang pukang, jap jual minyak skrg juat coal, dulu jual bastik

the price should factor in d.....6ct to 21ct is a 350% increase in stock price..........those who catch at 20ct no advantage lor....insider already collect very early d [You must be registered and logged in to see this image.]

at 6ct n throw at highest.....

phoenix wrote:

Cals wrote:yeah wysisyg betui tu, man this company lintang pukang, jap jual minyak skrg juat coal, dulu jual bastik

the price should factor in d.....6ct to 21ct is a 350% increase in stock price..........those who catch at 20ct no advantage lor....insider already collect very early d [You must be registered and logged in to see this image.]

at 6ct n throw at highest.....

what is factor in mean?

hukiju wrote:

phoenix wrote:

Cals wrote:yeah wysisyg betui tu, man this company lintang pukang, jap jual minyak skrg juat coal, dulu jual bastik

the price should factor in d.....6ct to 21ct is a 350% increase in stock price..........those who catch at 20ct no advantage lor....insider already collect very early d [You must be registered and logged in to see this image.]

at 6ct n throw at highest.....

what is factor in mean?

the share price of 20ct already reflect the news liao....

like proton shares the news factor in means price already go high.....in other words u r late [You must be registered and logged in to see this image.]

phoenix wrote:

hukiju wrote:

phoenix wrote:

Cals wrote:yeah wysisyg betui tu, man this company lintang pukang, jap jual minyak skrg juat coal, dulu jual bastik

the price should factor in d.....6ct to 21ct is a 350% increase in stock price..........those who catch at 20ct no advantage lor....insider already collect very early d [You must be registered and logged in to see this image.]

at 6ct n throw at highest.....

what is factor in mean?

the share price of 20ct already reflect the news liao....

like proton shares the news factor in means price already go high.....in other words u r late [You must be registered and logged in to see this image.]

that means i should throw this stock asap?