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grandmaster89 Veteran	29-Mar-2010 21:58        grandmaster89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	I don't bother trading this stock....the free float is too small for trading. Instead, I think its safer to buy and hold it till it dual list. Meanwhile, their strong and growing profits and dividends will support the share price.
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risktaker Supreme	29-Mar-2010 21:54        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Sometimes you think you know, but in fact you dont"
x 0   x 0  Alert Admin	Ok I think I know what to do :) Thanx grandmaster89      ( Date: 29-Mar-2010 21:46) Posted: Z Obee 9M 10 EPS - US$0.0076 Novo Grp 9M 10 EPS - US$0.0155 If Novo is trading at Z Obee's valuation (in HKSE), it will be a $1 stock LOL
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grandmaster89 Veteran	29-Mar-2010 21:46        grandmaster89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Z Obee 9M 10 EPS - US$0.0076 Novo Grp 9M 10 EPS - US$0.0155 If Novo is trading at Z Obee's valuation (in HKSE), it will be a $1 stock LOL
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risktaker Supreme	29-Mar-2010 21:36        risktaker About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Sometimes you think you know, but in fact you dont"
x 0   x 0  Alert Admin	This stock will move like Z-OBEE ? Dual Listing coming soon ?  Anyone has any news? grandmaster89      ( Date: 29-Mar-2010 11:25) Posted: Come on Novo BB show us what you are made of hehe
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highrisk1 Member	29-Mar-2010 11:29        highrisk1 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Thanks, grandmaster89 But I just wonder if the NOVO BB are in this forum......
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grandmaster89 Veteran	29-Mar-2010 11:25        grandmaster89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Come on Novo BB show us what you are made of hehe
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highrisk1 Member	29-Mar-2010 11:23        highrisk1 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	No action AGAIN from this counter today.............
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highrisk1 Member	26-Mar-2010 15:55        highrisk1 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	No action from this counter today.............
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grandmaster89 Veteran	26-Mar-2010 15:22        grandmaster89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	That is a 2 months old analyst report. Very comprehensive - you read the whole chunk in Novo's website.
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Happyseah Senior	26-Mar-2010 15:15        Happyseah About Contact  Quote this Post!
x 0   x 0  Alert Admin	PRICE/TARGET PRICE S$0.235/S$0.41 Novo Group Limited MKT CAPITALISATION S$160.4m A New Chapter of Growth BOARD Main Board SECTOR Logistics SINGAPORE NOVO SP Tan Siew Ling, (65) 6210-8698 – siewling.tan@cimb.com • Initiate with BUY and target price of S$0.41, set at 6x CY11 P/E, at a 10% discount to the 5-year forward P/E average for its peer, Burwill Holdings. We believe our valuation is undemanding given an EPS CAGR forecast of 37% and high projected ROEs of 33.0-34.6% for FY10-12. We see stock catalysts from: 1) acquisition of stakes in iron ore or coal mines; 2) further improvements in demand and prices of commodities like steel, iron ore and coal; and 3) approval of the group’s proposed dual listing. • Foundation laid for new profit milestones. With its sights set on becoming an integrated supply chain manager, Novo recently ventured into domestic trading and distribution in China, shipping management, coal trading and steel processing, from its initial position as a trader of steel products and raw materials. Its aim is to capture margins along its value chain. To widen margins, the group plans to further integrate through investments in iron ore and coal mines and scrap processing. • Strong rebound and growth in bottom line. Novo’s profitability has rebounded strongly with 1HFY10 net profit of US$5.5m surpassing its FY09 net profit of US$1.9m. With strong demand for iron ore, margin improvements and earnings from coal trading in 2HFY10, we expect 2HFY10 earnings to be significantly better than that in 1HFY10 and to form 70% of our full-year forecast for FY10. • Proposed dual primary listing in Hong Kong. Novo has previously announced its intention to seek a dual primary listing in Hong Kong. With Hong Kong-listed steel plays commanding higher multiples of 7 – 14x CY10 P/E compared to 5x CY10 P/E which Novo is currently trading at, an approval for the group’s dual listing could potentially result in a surge in Novo’s trading multiples.
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des_khor Supreme	26-Mar-2010 10:23        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is the God or MFT from this forum??"
x 0   x 0  Alert Admin	Will NOVO another ZOBEE ??
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susan66 Master	25-Mar-2010 23:40        susan66 About Contact  Quote this Post! Style: Technical   Mood:
x 0   x 0  Alert Admin	Strong resistance broken today, will have more upside tomorrow!
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dec2000 Member	25-Mar-2010 15:41        dec2000 About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	hee hee finally!!  counting profit liao....
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des_khor Supreme	25-Mar-2010 15:00        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is the God or MFT from this forum??"
x 0   x 0  Alert Admin	.255 broken !! will move higher tmr !!
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Hulumas Supreme	25-Mar-2010 14:53        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	To me, it is too liquid to buy. Take care! highrisk1      ( Date: 25-Mar-2010 14:48) Posted: strong resistance at $0.25............
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kivine Member	25-Mar-2010 14:51        kivine About Contact  Quote this Post!
x 0   x 0  Alert Admin	strong resistance to sell maybe . highrisk1      ( Date: 25-Mar-2010 14:48) Posted: strong resistance at $0.25............
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highrisk1 Member	25-Mar-2010 14:48        highrisk1 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	strong resistance at $0.25............
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highrisk1 Member	25-Mar-2010 13:32        highrisk1 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Don't disappoint your investor who have faith in you......
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grandmaster89 Veteran	25-Mar-2010 12:52        grandmaster89 About Contact  Quote this Post! Style: Fundamental   Mood:
x 0   x 0  Alert Admin	Price up on strong volume today :)
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Hulumas Supreme	24-Mar-2010 14:45        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	In the near future! highrisk1      ( Date: 24-Mar-2010 09:32) Posted: Grandmaster89, any idea when the dual listing will take place? Thanks for your sharing....
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