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sold Noble & switch to this counter.
Collect some @current price, will load more if close to $1.20.
Every constrn site need Diesel engine to generate the power, hence the biz is safe, its averg EPS at $0.19, current price trade at PE 7 only, average dvd gain @ 3.3%.
For the past 10 yrs, it only losing on last year, the rest are profit year , that means its biz is quite stable.
Worth to collect @ current price & fight for rebound.
The winning side is 70%.
guoyanyunyan ( Date: 25-Nov-2013 13:05) Posted:
| Hong Leong Asia-Bearish break suggests more downside ahead |
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By Philip Teo
Bearish break suggests more downside ahead Key support violated.
Hong Leong Asia is likely to face further correction pressure after failing to overcome its near 2-year downtrend resistance recently this was followed by a strong bearish break below the $1.40 key support on heavy volume yesterday.
Indicator is bearish.
The MACD is declining steadily at the moment, suggesting that the downside momentum is building up.
Target price at $1.20.
The counter could possibly slip further towards the next key base at $1.20 (psychological support) in the weeks ahead.
Stop loss level at $1.44.
Meanwhile, we advocate a stop-loss exit for short sellers around $1.44, which is slightly above the newly established support-turned-resistance of $1.40. |
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| Hong Leong Asia-Bearish break suggests more downside ahead |
|
By Philip Teo
Bearish break suggests more downside ahead Key support violated.
Hong Leong Asia is likely to face further correction pressure after failing to overcome its near 2-year downtrend resistance recently this was followed by a strong bearish break below the $1.40 key support on heavy volume yesterday.
Indicator is bearish.
The MACD is declining steadily at the moment, suggesting that the downside momentum is building up.
Target price at $1.20.
The counter could possibly slip further towards the next key base at $1.20 (psychological support) in the weeks ahead.
Stop loss level at $1.44.
Meanwhile, we advocate a stop-loss exit for short sellers around $1.44, which is slightly above the newly established support-turned-resistance of $1.40. |
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chart looks like " double bottom" . Financial results are improving. illiquid stocks with low vol can go up or down quite fast once it decides which direction.
cheers,
Jason at http://myfcoach.com/ and http://millionaire-investors.blogspot.sg/
As at 6 Mar 13, about 35% of the shares are held by the public. I suppose there are shareholders holding their shares for long term or at some higher prices.
xtraderx ( Date: 19-Sep-2013 16:01) Posted:
Thinking of buying this since $1.40 held (double bottom??) but it looks like an extremely illiquid counter, worried that it might be difficult to get out after getting in.
Anyone know why the average trading volume is so low? The available float doesn't seem to be that low to me. |
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Thinking of buying this since $1.40 held (double bottom??) but it looks like an extremely illiquid counter, worried that it might be difficult to get out after getting in.
Anyone know why the average trading volume is so low? The available float doesn't seem to be that low to me.
HL Asia price has fallen from 1.515 (the day before xd) to today's intraday low of 1.395...... a drop of ~8%.
Current price of 1.40 looks attractive..... (NAV is 2.189)
Revenue increased from $1,088.0 million in 2Q 2012 to $1,189.6 million in 2Q 2013. The increase was mainly due to higher revenue from the diesel engines unit (“Yuchai”) but offset by lower revenue from the consumer products unit (“Xinfei”). Profit attributable to the owners of the Company improved by 86.2% to $9.3 million from $5.0 million in 2Q 2012.
Revenue increased from $2,186.3 million in 1H 2012 to $2,297.4 million in 1H 2013, an increase of 5.1%. The increase was mainly due to higher revenue from Yuchai but offset by lower revenue from Xinfei. Profit attributable to the owners of the Company was $23.7 million in 1H 2013, improved by 25.4% as compared to $18.9 million in 1H 2012.
NAV is $2.189.
An interim dividend of 1 cent is payable on 3 Sep 2013.
...哎 呀 ， 城 门 失 火 ， 殃 及 池 鱼 。 HL Asia近 来 25 June无 端 端 跌 到 $1.490...
...最 近 吃 了 点 补 ， 今 天 Last Done $1.600 ...好 看 一 些 些 ...
... still need to look for more tonic for HL Asia around the small river ....
China Yuchai International Limited 玉 柴 集 团 (" CYI" ) is the automotive arm of HL Asia. CYI is a Bermuda holding company established on April 29, 1993 and having a branch office in Singapore with its principal operating office located at 16 Raffles Quay #39-01A, Hong Leong Building, Singapore 048581. CYI is listed on New York Stock Exchange under the symbol " CYD" . The three main businesses are automotive, hospitality & properties and consumer electronics:
- Guangxi Yuchai Machinery Company Limited (" GYMCL" )
- HL Global Enterprises Limited (" HLGE" )
- Thakral Corporation Ltd (" TCL" )
May 30, 2013 – China Yuchai
International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) announced
today that its main operating subsidiary, Guangxi Yuchai Machinery Company Limited
(“GYMCL”) further to the receipt of approval from China’s National Association
of Financial Market Institutional Investors (“NAFMII”) for the issuance of Rmb
denominated 3-year unsecured medium-term notes (“Notes”) amounting to Rmb 1.6
billion had, on May 28, 2013 issued the first tranche of the Notes amounting to
Rmb 1 billion. The par value and issue price of each Note is Rmb 100. The fixed
annual interest payable on the Notes is 4.69% which is the rate as of May 30,
2013. The maturity date of the Notes is May 30, 2016.
Subscription to and trading of the Notes is only available
in China to institutional investors of China’s National Inter-bank Bond Market.
The first tranche of the Notes was underwritten by China CITIC Bank Corporation
Limited. The proceeds from the issuance of the Notes are to be used by GYMCL to
repay bank loans and for working capital purposes. It is believed that the
issuance of the Notes is a cost-effective option of raising capital given that
China’s benchmark one-year lending rate is at 6%.
This press release does not constitute an offer of
securities for sale in the United States, and securities may not be offered or
sold in the United States absent registration or an exemption from
registration. The Company does not intend to register any portion of the Notes
issue referred to above in the United States or to conduct a public offering in
the United States. Any public offering of securities to be made in the United
States will be by means of a prospectus that can be obtained from the Company
and that will contain detailed information about the Company and management, as
well as financial statements.
...Last Done: $1.70...
...Married Deal: Vol: 154 Value: $252,560 ie $1.640/share Prev Close: $1.640...
...also less often to see married deal from HL Asia....
Net Asset Value (for the issuer and group) per ordinary share based on the total number of issued shares excluding treasury shares, if any, of the issuer as at 31 March 2013 is $2.14 up from (31.12.2012) S$2.07
...Last Done: $1.720...
HL Asia will be announcing its results for the first quarter ended 31 March 2013 on 15 May 2013, ie today.... last done: $1.74...
China Yuchai International Announces Unaudited First Quarter 2013 Financial Results on 13 May 2013Financial highlights for the first quarter of 2013
- Net revenue was RMB 3.84 billion (US$ 613.1 million) compared with RMB 3.68 billion in the first quarter of 2012
- Gross profit was RMB 777.3 million (US$ 124.0 million), a 20.2% gross margin compared with 21.2% in the same quarter a year ago
- Operating profit was RMB 338.9 million (US$ 54.1 million) compared with RMB 347.2 million in the same quarter a year ago
- Net earnings attributable to China Yuchai’s shareholders were RMB 173.5 million (US$ 27.7 million) compared with RMB 167.9 million in the first quarter of 2012
- Earnings per share were RMB 4.66 (US$ 0.74) compared with RMB 4.50 for the same quarter in 2012
- Total number of engines sold were 130,744 compared with 131,697 in the first quarter of 2012
- Cash and bank balances were RMB 3.27 billion (US$ 521.3 million) compared with RMB 3.16 billion as of December 31, 2012.
...has been on sideways movement (from ~$1.60 to ~$1.80) for one year or so...
.... now last done: $1.70.... on the way toward $1.80....
... hammers noted ... look like going back to uptrend soon ....
I am very positive on this baby....
i bot at 176... 一 起 乐 , 乐 .........................
guoyanyunyan ( Date: 18-Dec-2012 09:52) Posted:
Bought @ 1.68, not a good price, not a bad price,
perhaps sound good only 一 路 发 。
look forward to一 起 发 , if lucky, may be 一 发 发 .
NTA ~ 2.20, a safe buy. |
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Ernnn, 1 day up 2 cents . good enough.
Results next month?? March ??
Very likely to go above $1.80.
Today , not bad, at least up a bit......................................................
