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Big news coming......?
Back to all time high......hopefully can break the 40c barrier!!
Getting more active and price moving up!
Back to 35 cents!! The full year FY 06 result should be a great one. 07 earnings from operations should be even better with their aggresive expansion in Hydro Power Plants. The Best is Yet to Come for Asia Power!!
Recovered very strongly from 28c to 34.5c.. more upside?
Asia Power Achieves Absolute control of its most Profitable Hydropower plant through additional acquisition. The company continue to expand at great speed staying focus on environmentally friendly and renewable energy power plants!!!
Low volumes and there's a probability of a downtrend.
Asia Power Purchases Wenchuan District Hydropower Plant for RMB 72,828,000!!!! ROI guaranteed minimum 10% as agreed with existing owners!!! Hydropower Plant currently in operation!!
Asia Power has entered into an arrangement to dispose of its 33.3% interest in Witlong Electric to focus on its core business Hydro Power. Gain of $362K!
hmm the counters is been sold rather aggresively. maybe insider is selling now. plz buy with care.
can buy but be prepared to hold for long term. TA of dow and Sti dun look good at the moment. we may experienced a big dip in coming weeks.. good counter like asiapower may go along with the dip even if FA is good.
My suggestion is enter half of intended lots and slowly ave up or down.
Hydropower projects with a capacity equivalent to that of the Three Gorges Dam project need to be built every two years until 2020.............The best is yet to come!
http://www.china.org.cn/english/2004/Nov/113469.htm
ya...another huge project for AP...as I mentioned, if execute well, in another few years time, AP should worth a lot more than now! This gem is beginning to shine!!
The run up of AP today is probably due to the announcement of a new hydropower venture in Yunnan....see sgx announcement today.
Great FA!! Hydropower is the way to go!!
This gem starting to shine!!!
Great job Bullrun. Thanks for spotting this hidden gem!!!
Asia Power result is out!!
RECORD HIGH EARNING FOR 1st HALF FY 2006 of S$17m
Operating cash flow increased 60%
Gained S$11.3m from sale of a subsidiary
REFOCUS its core business into ENVIRONMENTALLY FRIENDLY and RENEWABLE ENERGY POPWER PLANTS.
No point guessing, just focus on the fundamentals and you will know why share price is so stable.