TP might be 0.50 - 0.70

BOSAYOR

won't advise to buy..

but if u like risk..can try..

I agreed. See the other water treatment companies--Hyflux, sinomen and in this highly contaminted globe, water treatment is very essential work, the only thing is the attitude of the management.

I believe in the CEO of this stock, when he explained that the company bought shares from Asiawater(aiya, don't remember the name well--am glad I don't analyse much here,always remember half the thing I know, not that I don't want to share. ) because they are financially tight but he saw the potential of this small company.

But, there again. It's also double happiness if one is able to sell it at near to the peak(like the previous 57cts somewhere last Sept) and re buy it when it goes down(it did went down to below 30cts). But I am not good at that.......I think lawcheemeng is very good in this our singer. of flying to the moon(sounds like chang Er).

I think Richtan is this kind of  trader, he didn't bother in small maginal trading but mid term/semi long term trading when he look at Midas(I might be wrong).

One thing I observed from the recent anlaysts(especially after crisis) is their TPs can be so much higher(eg: sembmarine) after a downgrade a month or two before(might be by them or other research firm), like what one forumer here just mentioned this week.

I am doubtful about goldmen sach, and a few others'analysis nowadays, why the intergrity still remain(such is the world nowadays--still treat enemy as lover--are we becoming more forgiving or forgetting). glad that there are always veterans here to highlight us to lookout for details of certain biz nature.

It would be good if UtdEnviroTech could give a targetted timeframe for the Taiwan TDR.

How would the yuan appreciation affect the price? If income is derived in yuan, does it mean the income in S'pore $ would higher now, and so greater expectations for dividend payment? The best bet is still TDR which would hopefully give it forceful fillip.