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121-140 of 1730
hin liao...0.38
wow! now .395 i also scared to buy
more of a speculation. just like PSL.
wait for it to drop after 0.42
Hi amigo,
have you just come back from outerspace and ready to fly to the moon again.............when I saw this baby run so strongly, I was thinking of you singing " Fly me to the moon" and your pop-corn.
50cts would be extremely good. wonder if it would fly beyond the 47.5cts' previous peak......Dare you keep all your shares till that price in this " bull run" .
wonder if it's purely speculation or soon having good news that caused this excitment in the price movement
lawcheemeng ( Date: 18-Nov-2011 19:31) Posted:
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50cts shld be good.......hehehe
bought 36 lot at .37 and sold at .42 today. Hope it can go lower after profit taking.
cheers to u too and have a great weekend
Good for you. Let it go up , let others also make money ha ha...
Cheers, have a good weekend ace, u were a ace today...
ace333 ( Date: 18-Nov-2011 16:23) Posted:
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i sold at 0.42 like u said fair....but i tink can go up more
wow was queing at 0.42 also gone
But watch out for drop and @ what price you want to sell to make money.
Cheers.
ace333 ( Date: 18-Nov-2011 16:07) Posted:
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ok tks bought back 0.41.......gg over to gallant
Try your luck, since there are a million buys and sellers. " Buyers Beware"
Cheers.
ace333 ( Date: 18-Nov-2011 14:32) Posted:
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sold at 0.42 but now 0.41 should buy back?
This counter and UMS are showing quite a few similar trends, like their prices are same and high volumes with
the counter names starting with " U" ha haa..... Cheers.
TP??? 415 resistance broken!
Fair Value reaching .42cents.... Cheers
After that I don't know...????/
bought some at 0.39. is it too late?
at 0.38 closing
1HFY12 results mostly in line. United Envirotech Limited
(UEL) reported its 2QFY12 results last evening, with revenue
climbing 9.6% YoY to S$25.2m this largely aided by higher
treatment revenue, which grew 54.5%, due to the additions of
Hegang 50k m3/day treatment plant and Nansha industrial
treatment plant. But net profit tumbled 38.7% YoY to S$3.7m,
hit by labor cost, interest cost and taxes. But on a sequential
basis, the group showed a pretty good performance, with
revenue rising 21.3% and earnings 4.9%. For 1HFY12, revenue
grew 1.4% to S$46.0m, meeting 51.7% of full-year estimate,
while net profit fell 29.5% to 7.3m, or 41.8% of our FY12
forecast.
Maintains optimistic outlook. Going forward, UEL remains
fairly upbeat about its prospects in China, as it believes that
there is still a growing demand for membrane-based water
and wastewater treatment services and it further believes that
its advanced technologies, particularly Membrane Bioreactor
(MBR), have a competitive edge in treating wastewater of a
greater complexity to meet the stricter discharge limits. As a
recap, the group has recently acquired another waste-water
treatment project in China this after exercising a call option
to acquire the entire equity interest of Tongji Environmental
(China) Pte Ltd (Tongji) for RMB34.03m. Tongji is the holding
company of Aton Environmental (Shenyang) Co, where the
latter has a 30-year BOT (Build-Operate-Transfer) concession
agreement with the municipal government to treat 50k m3 of
wastewater daily.
Finances backed by recent CB issue. While the group
recorded cash balance of S$31.9m as of end-Sep, its coffers
has just been topped up by the recent completion of US$113m
worth of convertible bonds issued to KKR this is expected to
result in a net inflow of US$110m. Given the current credit
crunch in China, we believe that the funds inflow could not
have come at a better time - this will provide UEL with the
financial muscle to pick up potential acquisitions on the cheap.
In any case, we estimate that the group is already sitting on
an order book of around S$70m, which can be recognised
over the next 12 months.
Paring fair value to S$0.42. While 1HFY12 revenue was
largely in line, higher cost pressures have depressed earnings.
As such, we are using slightly lower margin assumptions and
our earnings estimates for both FY12 and 13 drop by 8.4%.
And because of the increased volatility in the market, our DCFbased
fair value also correspondingly drops to S$0.42, but we
maintain BUY for a potential upside of 30%.