Latest Forum Topics / Advanced Last:0.116 -- | Post Reply |
Adv Hldg
|
||||||||||||||||||
888max
Senior |
30-Aug-2007 05:26
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Hi tiandi, Adv Hldg remind me of Swiber and Ausgroup when both were tarding at sub below $1.00 unnoticed.This may seem be the case for Adv Hldg too. Better snap up & buy all oil related counters today. Cheong arrh.................. US STOCKS-S&P, Nasdaq rise 2 pct in late surge Wed Aug 29, 2007 3:45PM EDT NEW YORK, Aug 29 (Reuters) - U.S. stocks rebounded on Wednesday, with the S&P and Nasdaq rising more than 2 percent, led by technology companies as investors snapped up beaten down shares, while the energy sector benefited from a surge in oil prices. The sharp rise with 30 minutes left in the trading day prompted the New York Stock Exchange to institute upside trading collars. The Dow Jones industrial average (.DJI: Quote, Profile, Research) was up 235.90 points, or 1.81 percent, at 13,277.75. The Standard & Poor's 500 Index (.SPX: Quote, Profile, Research) was up 28.63 points, or 2.00 percent, at 1,460.99. The Nasdaq Composite Index (.IXIC: Quote, Profile, Research) was up 57.76 points, or 2.31 percent, at 2,558.40. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
tiandi
Senior |
29-Aug-2007 23:42
|
|||||||||||||||||
x 0
x 0 Alert Admin |
888max, wah u r so bullish on Adv Hldg and u switched from Unifiber.. Do you plan to hold on to Adv? What price u want to let go? knightrider, I remembered you post for taking profit twice around 6x cents and latest was to take profit at 53cents ( placement price) , what make you think this way? May be I can learn from your analysis. Thanks in advance |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
|
||||||||||||||||||
888max
Senior |
29-Aug-2007 23:28
|
|||||||||||||||||
x 0
x 0 Alert Admin |
More projects on the way as AdvaHldg biggest client's Sinopec invest in a US$5 billions greenfield refinary project with Shell and Dow. Shell, Dow eye China's refining sector BEIJING - Lured by huge opportunities in the Chinese oil product market, Shell has come back to the country's refining sector through its participation in the Nansha greenfield refinery, a refining branch of China Petroleum and Chemical Corp's (Sinopec) Guangzhou Petrochemical. Dow Chemical, a global chemical giant, has followed Shell's move. Of interest at the Nansha greenfield refinery is a soon-to-be-constructed ethylene plant with an annual capacity of 1 million tonnes. With bigger ambitions, Shell is planning to enter both the refining sector and the chemical sector as they offer huge potential, even though the Chinese central government still controls oil product pricing rights. China National Offshore Oil Corp's (CNOOC) Nanhai ethylene plant, with a capacity of 800,000 tonnes a year and now under operation, is the first attempt by Shell to enter the country's ethylene sector. Shell hopes to develop the Nansha greenfield refinery as its first foothold in the country's refining sector, though the company withdrew from CNOOC's Huizhou greenfield refinery in late 2006. It is believed that Shell has now become optimistic over the prospect of China's refining industry and reform of the oil product pricing system. A senior manager of Sinopec told China Oil Gas and Petrochemicals that both Shell and Dow Chemical had intentions to participate in the Nansha refining project. But it is not Sinopec but Kuwait Petroleum Company (KPC), the agreed partner of the refining project, that has invited Shell and Dow Chemical to invest in the project. The manager said that negotiations over the Nansha refining project could become more complicated, but fortunately Sinopec will not conduct direct negotiations with Shell and Dow Chemical. It is KPC that carries out direct negotiations with the two foreign partners, but any results between the three parties will be handed to Sinopec for approval. Insiders also believe that it is not necessary for Sinopec to invite any other foreign oil players to participate in the Nansha refining project if the crude oil supplier is settled. But it seems that Sinopec finds it hard to reject KPC's invitation, for Sinopec has to rely on the Middle East company to ensure crude oil supplies for the Nansha project. Oil companies from the Middle East have been actively participating in China's refining projects in recent years. They have found a large, stable market for their crude exports and relatively convenient access to China's refining and oil product distribution sectors. The key reason for Kuwait to ask Shell and Dow Chemical to enter is that Shell and Dow Chemical are so powerful in refining and chemical production. Their involvement should ensure the normal completion and operation of the Nansha project and reduce risks. Apart from Shell and Dow Chemical's involvement, the joint venture of the Fujian refining/ethylene complex project between Sinopec, ExxonMobil and Saudi Aramco will help Sinopec accumulate expertise in building and operating a large-scale refining and ethylene project. Besides the Fujian project, the Nansha project, with an estimated investment of US$5 billion, will be the second one involving both refining and petrochemicals, but this will be the largest Sino-foreign joint venture of its kind. If successful, the Nansha refinery will help Shell explore the country's wholesale oil product market. Sinopec's manager said that negotiations were underway, but he was not clear when they would be finished and a joint venture would be established |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
888max
Senior |
29-Aug-2007 17:21
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Weak holders today kena wipe out! Last done @0.45cts. Rally will continue tomorrow. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
888max
Senior |
29-Aug-2007 10:46
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Advanced Holdings (S$0.435) ? Initiating coverage - Specialist in demand Advanced Holdings is an emerging player in the high value-added industries of petrochemical, chemical, oil and gas and power generation in Asia. It provides process equipment and solutions to meet customers? need for higher operational efficiency and safety requirements. With orders of S$90m on hand, FY07 revenue is secure. We expect FY07 pretax margins to improve to FY05 levels and stabilise thereafter while the foray into clean-fuel technology should bear fruit from FY08 onwards. Our target price of S$0.63, set at 12x CY08 P/E, comparable to valuations for SGX-listed peers involved in engineering solutions in the petrochemical and oil and gas industries. Our target price implies upside potential of 45%. Advanced Holdings offers excellent value at 8.3x CY08 P/E against a 3-year earnings CAGR forecast of 66%. Initiate with Outperform. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
|
||||||||||||||||||
888max
Senior |
28-Aug-2007 21:34
|
|||||||||||||||||
x 0
x 0 Alert Admin |
China oil majors vie for new northeastern refineryBEIJING, Aug 21 (Reuters) - China's oil majors Sinopec Group and CNPC are vying to build a big refinery at a new port in the northeast, extending an expansion boom that has driven crude imports to more than half of their demand.The two state firms are pursuing separate plans to build a 200,000 barrels per day refinery and a 1 million tonne-per-year ethylene complex in Caofeidian, a massive port and industrial zone near Beijing recently coverted from an isolated sand pit, an officially-run industry newspaper said on Tuesday. The new plants, likely to be built only after 2010, would come on top of a total of 1.47 million barrels per day of crude refining capacity due to be commissioned in the next three years, lifting the country's demand for crude oil by a fifth. "Personally I believe only one of them will be approved. The government does not want to see blind competition," said a senior advisor to Sinopec Corp , the listed arm of Sinopec Group. The official declined to be named. China Chemical Industry News said the plans were backed by the Hebei provincial government, which hopes competition between the two powerful state firms will aid its local economy. Such integrated complexes can easily cost $5 billion each to build. China, pushing hard to build a green economy, wants to turn Caofeidian into a huge industrial zone that will also boast a world-class steel mill, a liquefied natural gas terminal and strategic reserve tanks, a plan that will help reduce choking pollution in the capital Beijing.
Sinopec Corp, Asia's top refiner, may have an early lead in the race as it is set to complete an oil terminal at Caofeidian able to receive 300,000-tonne vessels by end of the year. Company officials said the terminal will help cut crude transportation cost to feed a Sinopec unit refinery in Beijing and another plant in city of Shijiazhuang, and lay the infrastructure for the new refinery. But CNPC may argue it has crude resources right at the refinery gate, while Sinopec would need to import all its crude. PetroChina , the listed arm of CNPC, announced in July the discovery of Jidong Nanpu oilfield, near Caofeidian in the shallow water of Bohai Bay, with proven oil reserves of 3.2 billion barrels, the country's largest find in decades. The firm plans to produce 140,000 bpd by 2009 from that field, including existing production from an onshore block. Beijing is urging its state-owned refiners to expand quickly in order to meet fast-growing domestic demand and reduce the need for imported fuel, but some officials questioned the need for more fuel in the remote northern region. Caofeidian is close to China's northeast, which has traditionally had a surplus of refined fuels that are then shipped over a thousand miles away to the markets in the south. "It's too far from the consuming centre," said the Sinopec Corp advisor. The official said China may need to add a total of 3 million bpd of refining capacity during the 2010-2020 period when the new plant would start, and to double the present ethylene capacity by adding another 10 million tpy to meet petrochemical demand. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
888max
Senior |
28-Aug-2007 17:46
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Hi timewatch, No lah ! Still keeping my unifiber .(paper loss what) But the recent issuing of another 950 millions shares to abax, I'm not so happy to hear about it. It further dilute down our share value. Might thinking of selling off Unifiber when there is a rebound. What price you bought for your Advanced holdings ? |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
timewatch
Senior |
28-Aug-2007 17:06
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Advance holding is good to buy now. 888max nice to see you here, guess u sold your unifiber. | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
|
||||||||||||||||||
knightrider
Elite |
28-Aug-2007 16:35
|
|||||||||||||||||
x 0
x 0 Alert Admin |
It is still a bit soft due to market weakness but in all going, this is a good stock to invest. Continue to hold till it is around 0.53 to take profit. | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
oceanblue
Senior |
28-Aug-2007 09:37
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Went up again, the price is 44.5 now. Hope it can move nearer to the placement price. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
ChinChye
Member |
27-Aug-2007 20:38
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Congrats to those who have vested below 35cents when the directors are accumulating during the period.... Haha... Bingo on the insider trade!! No wonder the CEO and his wife keeps buying and buying.. haha.. More good news expected to come.. watch out for this counter... |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
888max
Senior |
27-Aug-2007 19:12
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Vested just last week @0.38cts.
Advanced Holdings to advance to SGX Mainboard SINGAPORE ? August 27, 2007Advanced Holdings Ltd. has obtained in-principle approval for upgrading to the SGX Mainboard from the SGX-SESDAQ, with effect from 30 August 2007. Trading of the Group?s shares on the Main Board will start on 30 August 2007. Dr. Kar Wong, Managing Director of Advanced Holdings said, ?Advancing to the SGX mainboard is another significant milestone for the Group. We believe this will allow us to benefit from greater visibility and a higher level of interest from global institutional investors. A mainboard status will also instill greater customer trust and confidence in us, thereby strengthening our competitive edge.? Listed on the SGX-SESDAQ in 2004, the Group recorded a strong compounded annual growth rate of 10.4% in net profit from S$2.6 million in FY04 to $3.5 m in FY06. Net profit surged to S$4.0m in 1H07. The Group is poised for strong growth, with the Group having an order book of about S$79.0m as at 30 June 2007. AHL?s market capitalization also rose significantly from S$28 million when it was listed in 2004 to S$120 million today. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
|
||||||||||||||||||
ipoh12
Member |
27-Aug-2007 16:23
|
|||||||||||||||||
x 0
x 0 Alert Admin |
boys, as mentioned in my earlier thread, the fundamental of this counter is strong, and besides the 2 directors were accumulating the shares. those who have bought below 40 cents are siting on safety margin and properly some capital gain due to the huge upside. | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
oceanblue
Senior |
27-Aug-2007 16:08
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Wow cheong to 42 cents already on healthy volume! | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
left_bug
Senior |
27-Aug-2007 15:27
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Gees! | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
oceanblue
Senior |
27-Aug-2007 14:09
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Just announced, upgraded to mainboard. | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
oceanblue
Senior |
27-Aug-2007 13:50
|
|||||||||||||||||
x 0
x 0 Alert Admin |
Is it a good time to enter now? Directors bought recently in August. Heard private placement was at 53 cents and another placement previously at 89 cents. |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
tiandi
Senior |
22-Aug-2007 21:14
|
|||||||||||||||||
x 0
x 0 Alert Admin |
2910 lots buy. >> PART I
http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/195ff72e3105c7344825733e000fca12?OpenDocument |
|||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
left_bug
Senior |
21-Aug-2007 10:30
|
|||||||||||||||||
x 0
x 0 Alert Admin |
For so many days, it could not break through 0.37. So I thought I should sell it at 0.37. But now? Hey. What's going on? | |||||||||||||||||
Useful To Me Not Useful To Me | ||||||||||||||||||
left_bug
Senior |
20-Aug-2007 13:34
|
|||||||||||||||||
x 0
x 0 Alert Admin |
The doctor buys again today. | |||||||||||||||||
Useful To Me Not Useful To Me |