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Li HENG
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mortal_azazel
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12-Aug-2009 10:14
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Maybe ... Not sure what is the fundamental of this stock... just manufacturing? |
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daniel2356
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12-Aug-2009 10:09
Yells: "Easy Going" |
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Oh no! maybe we are too optimistic.
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dealer0168
Elite |
12-Aug-2009 10:06
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Maybe BB still asleep. Late morning, maybe than surge.......
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mortal_azazel
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12-Aug-2009 10:06
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Another speculation? This stock been quiet for many days liao... | ||||
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lost_soul
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12-Aug-2009 09:56
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This stock so quiet today ... was expecting it to go up ... Come on ... Dun disappoint all of us rooting for you ...
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TonyGan
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12-Aug-2009 08:29
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i c it -ve first then +ve | ||||
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cheongwee
Elite |
12-Aug-2009 02:19
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2 counter to soar...today.Li Heng and Healthyway.. next QAF and wrt.....jade and centillion... join me??? |
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dealer0168
Elite |
12-Aug-2009 00:01
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Btw, first qtr, their profit margin is lesser n they earn a $0.25 HOLD fair value fr OCBC, this qtr results is better..... i thk this time they may up the fair value (maybe $0.30). Be positive....... life goes on....... Let see how things go tomorrow.
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dealer0168
Elite |
11-Aug-2009 23:19
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Bad loh....... hahaha.... Today Dow like dua lao sai. Sian....
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cheongwee
Elite |
11-Aug-2009 23:17
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at least not in the red....but tonite dow in the red...so??? | ||||
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dealer0168
Elite |
11-Aug-2009 23:13
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Actually all mfg company margin been affected by the recession. As long as we see improvement. Emm see how the analsyt rate them on their recovery tomorrow....... Hope fr the best. Cheers.
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dcang84
Veteran |
11-Aug-2009 23:08
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I will be surprise if they make any gains tomorrow. An honest opinion as I'm vested here. Margins squeezed.
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dealer0168
Elite |
11-Aug-2009 22:32
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But at least there are recovery for this babe. 2 Qtr result outshine 1 qtr by about 4 times.. At this recession period, this type of result is ok already. Just my opinion.
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TonyGan
Senior |
11-Aug-2009 21:31
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giant with such as a small profit, duno when can recover. | ||||
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wongmx6
Veteran |
11-Aug-2009 21:05
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Quarter 2, Earnings per share - (RMB cents) 2.23. My point of view is Too little.not impressive at all. |
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dcang84
Veteran |
11-Aug-2009 20:56
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LI HENG POSTS NET PROFIT OF RMB48.0 MILLION IN 1H09 For 2Q09, net profit recorded was RMB38.0 million Continuously gaining market share with larger customer base Experiencing more stability in average selling prices of nylon products Singapore, 11 August 2009 – Mainboard-listed Li Heng Chemical Fibre Technologies Limited (力恒化纤科技有 限公司) (“Li Heng”, or together with its subsidiaries, “the Group”), one of the PRC’s leading manufacturers of high-end nylon fibres, today announced that for its half year financial performance as at 30 June 2009 (“1H09”), revenue was RMB925.8 million, 53.1% lower than the previous corresponding financial period (“1H08”), primarily due to a 51.5% decrease in average selling prices (“ASPs”) resulting from the pricing pressures in China’s textile industry due to the global financial crisis. Gross profit for 1H09 was RMB108.7 million, 84.0% lower as compared to 1H08 last year, whilst gross profit margin contracted to 11.7% from 34.5% in the mentioned reporting periods. Summary of results RMB ‘million 2Q09 2Q08 % Change 1H09 1H08 % Change Revenue 453.3 1,168.4 -61.2 925.8 1,972.1 -53.1 Gross profit 47.8 404.3 -88.2 108.7 680.6 -84.0 Gross profit margin (%) 10.5 34.6 -24.1ppt 11.7 34.5 -22.8ppt Profit before tax 39.2 389.8 -90.0 57.3 647.6 -91.2 Taxation (1.2) (49.4) -97.6 (9.1) (83.1) -89.0 Net profit 38.0 340.4 -88.8 48.2 564.5 -91.5 Net profit margin (%) 8.4 29.1 -20.7ppt 5.2 28.6 -23.4ppt EPS (RMB cents) 1 2.23 20.02 N.A 2.83 36.02 N.A 1 Calculated based on the weighted average of 1,700,000,000 ordinary shares in issue during the three months and six months ended 30 June 2009. (31 March and 30 June 2008:the average weighted average of 1,700,000,000 ordinary shares and 1,567,362,637 ordinary shares) ************************************************************************************************************* Staggering figures!!!! |
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cheongwee
Elite |
11-Aug-2009 20:03
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never mind, alot of opportunity, just twist counter..if it does not cheong... | ||||
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dealer0168
Elite |
11-Aug-2009 19:20
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emm not sure if this profit margin can push its share value high up. Tomorrow, see how. | ||||
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dealer0168
Elite |
11-Aug-2009 19:15
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li Heng make net profit of
rmb 48 million. Abt 4 times
better than 1st qtr.
Cheers.
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cheongwee
Elite |
11-Aug-2009 17:09
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no worry, so far i am correct,,,Li Heng will be alright...1Q is the crises worse...and with the chinese stimulus, if have to be more than ok.. Li Heng result cannot be worse than 1Q with China economy flying high 2Q...if it did,, i will sell and cut.. not likely... |
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