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Softer soya bean prices
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singaporegal
Supreme |
22-Mar-2007 19:59
Yells: "Female TA nut" |
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Celestial on uptrend now. But its pretty overbought now. |
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macdhighprob
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22-Mar-2007 19:35
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An update on Celestial. - broad formation is a downsloping channel, with high of channel around $1.70 (this is also a potential resistance point) - Horizontal level of resistance is around $1.64 to $1.67 For a detailed analysis on celestial, please refer to here |
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Nostradamus
Supreme |
11-May-2006 09:35
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Reported a 33.5% jump in net profit. Besides production capacity rising fourfold, it's also introducing 5 products including soybean oil for bio-diesel. The increased product range and production capacity will be very positive for its profit. This looks like a $2 stock soon. Still a buy. |
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Nostradamus
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10-May-2006 20:09
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Celestial entered into a MOU with Japan's Daiki Co to produce bio-diesel. The joint venture is expected to produce 100,000 tonnes per annum. This will be positive as they increase the revenue stream and production capacity. |
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singaporegal
Supreme |
19-Apr-2006 18:05
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got this off SGX website - BACKGROUND The Company was incorporated in Bermuda on 8 September 2003. It is a food manufacturer focusing on soybean-based food products. Its business consists primarily of the manufacture and sale of soybean-based food products. Its customers are mainly distributors who purchase its food products for sale to the ultimate consumers of its food products, and food manufacturers. The soybean-based food products manufactured by the Group can be generally categorised into health beverages, soy protein isolate and soybean oil. Celestial NutriFoods is a Beijing-based manufacturer of soybean-based food products sold under the "Sun Moon Star" trademark, with production facilities in Daqing, Heilongjiang Province, the largest soybean production region in China. Its major products are distributed through around 50 appointed distributors to about 11,000 supermarkets, such as Carrefour and Wal-Mart, in around 150 cities in China. |
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Nostradamus
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19-Apr-2006 17:33
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Celestial could report strong 1Q06 results due to softer soya bean prices and improved gross margins. It should be able to complete the construction and testing of all plants and equipment by 2Q06. The compeletion of Daqing Soya Bean Zone would raise its production capacity fourfold to 210,500 tonnes pa. It plans to produce 3 new products by 2Q06. Also plans to increase production of SPI (500%) and soybean oil (350%) respectively. |
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