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1-16 of 16
past few days lots of big buy up for no news.....something cooking.....watch out
Unlikely. There is not enough interest from BBs and small players are selling this counter.
ronleech ( Date: 30-Mar-2011 22:11) Posted:
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wy do u say so??
am vested in too at 0.17
ronleech ( Date: 30-Mar-2011 22:11) Posted:
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watch closely this counter....about time to fly like china sky....
why why why is fuxing still dropping???? haven the S-chips fraud crisis worn off by now???? damn sad man....
since i started coming into the market, china big hoo-ha abt inflation, then ME case, then S-chips fraud...and all the stocks i bhgt just spiral downwards....waliao....I am starting to think that i bring bad luck....
anyone want to use me as a reverse indicator?
I am so sure, must be far less than a decade!
DelphinusSnow ( Date: 05-Mar-2011 18:48) Posted:
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i wasn't vested during the last S-chip crisis....how long did it take to recover ah?
wait for heat to cool down about s-chip finance screwed up report.....relax
good results oso no use leh...past days alot of coys oso post fantastic results...but end up share prices oso down down down...must wait long long to go up liao...
Spectacular zipping results posted!
however with the recent S-chip scandals, dont think it will rise too much
NAV SGD0.266....with div at SGD0.004/ share anytime will hit 20++cts...congrate for those who is vetting long term!!
Fuxing China FY2010 Net Profit Soars 133% to
RMB 71.6 million on revenue of RMB 664.6 million
|
Financial Highlights RMB’ million |
Quarter Ended |
Change |
12 Months Ended |
Change |
||||||
|
31 Dec 10 |
31 Dec 09 |
31 Dec 10 |
31 Dec 09 |
|||||||
|
Revenue |
204.3 |
141.9 |
43% |
664.6 |
459.0 |
45% |
||||
|
Gross Profit |
43.5 |
23.0 |
89% |
145.1 |
76.3 |
90% |
||||
|
Gross Profit Margin (GPM) |
21.3% |
16.2% |
5.1pts |
21.8% |
16.6% |
+5.2pts |
||||
|
Profit before taxation |
37.7 |
20.6 |
84% |
116.5 |
54.2 |
115% |
||||
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Net profit attr to Equity holders |
23.1 |
10.3 |
123% |
71.6 |
30.7 |
133% |
||||
|
Earnings per share* (RMB ) |
0.03 |
0.01 |
200% |
0.09 |
0.04 |
125% |
||||
|
NAV per share (RMB) ** |
1.33 |
|||||||||
they going to post results on 1st march
breaking up any moment...watch out
Fuxing has appreciated 19% since my last writeup on the key takeaways from the 1-1 mgmt meeting. It has announced on 22 Dec (after mkt close) that it is making three acquisitions.
Acquisition (if approved) seems positive to Fuxing as
1. Synergestic in nature
2. Augment revenue and earnings streams
3. Business for the 3 target companies expected to do well in the long term
4. Affirm the authencity of its huge cash holdings.
Do visit my remisier blog ernestlim15.blogspot.com for more details on Fuxing plus other companies. Do drop me an email at crclk@yahoo.com.sg if you would like to know more about the value add services which i provide.
Hereby wishing all of you a happy and blessed 2011!
Key takeaways from my 1-1 mgmt meeting with Fuxing CFO and IR Manager
- Acquisitions of three companies in electro plating services, colour dyeing, and dyed yarn supply business, if materialise, are expected to contribute significantly to Fuxing profits.
- Tax rebate likely to be in 4QFY10 or 1QFY11. i.e. net profit after tax should be higher
- Super durable zipper to contribute progressively in 2011 and more in 2012.
- Shanghai & Qingdao plants are expected to reverse their operating losses in 2010 to make a positive contribution in 2011.
This writeup, along with other company writeups and other important financial information on STI component stocks and REITs can be found on my remisier blog ernestlim15.blogspot.com. Do drop me an email at crclk@yahoo.com.sg to know more about the value add services that I provide.
Have a profitable wk ahead.