Celestial   

worth going in

technically...good to enter in the range of $0.645-$0.66

 

it would be nice to be able to enter at below 68 cents and hold for a few mths.

 

Personal view : Akan datang, seems to be moving up....

 

Undervalued stock 

 

This grossly undervalued gems has been forgotten until this deal has aroused buying interest:

09:01:24

0.586

2,133,000

X

More interest and upside should be on the way. The latest tp is 1.20 after factoring the high soya price and price controlled in China by CIMB on 12/02/2008.

Good results should be released soon.

 

 

any idea wassup with Celestial today?

 

waaakau.. 0.82 price today? what's wrong with celestrial ????

didn't get this , but also kena trap by Sinotech, .... haiih.. both counter fails.

 

my target also below 90; dun think possible today.

 

on the queue at 0.895 now, will I get it ?

 

another good counter kena throw until 0.955 today, nearly get new lots at 0.98 today... huh... china counters all kena recently...

hmm.. Celestrial and SinoTec, which one you prefer?

 

 

i don't think its kena short down... it's the contra players need to sell , last minutes, they have no choice liao lo, this happens to all the china counters, like ouhua, sinostar, chinaoiltech, chinanewtown, all contra players never think they are all downtrend for 4, 5 days.. times up, have to admit loss , and throw at whatever "BUY PRICE"...

look at the chart of celestrial, it's horrible. but , it's time to rebound... yeah baby.

 

Short short short..until 0.945........already see this a down trend after 1.000 but further down. ...hmm..will it stop or continue to down trend...any idea?

 

I suspect this stock is still on the downtrend. All MAs (50day, 100d & 200day) and even the short term 20day MA are trending down. MACD still pointing down and Price is well below the MAs. May be a good idea to wait for the 20day MA to turn up at least before buying.... Just mu views.

 

Has been downtrending for many weeks.

Is it due to the Soybean price ? Anyone know which website i can have soybean daily price trend ?

 

going downhill, waiting for <1

 

what is pre QDII rumour?

rumour? I love rumour, ha ha.. remeber Raffles Education has a rumour that they have finance problems, I forgot what exactly is that.. the share price drop until 1.5 level, and in short time, rebound and now 100% more than the price now.

so, if that's rumour, that's good, but the price is not attractive yet, unless break 1.00

 

This stock has down to the pre QDII rumour ....

 

good call, shound rebound anytime soon, should buy next monday or tuesday, ride on fed interest cut next week, ha ha..

 

Another good report, VB has a $2.1 TP for celestial

 

Celestial NutriFoods Ltd (CENU SP): Results in line; coming out unscathed
Buy S$1.25; Price Target : S$ 2.10

3Q results were in line with expectations.

Net  profit  grew  36% to RMB104.8m on the back of revenue growth of 46% to
RMB454.3m.  Overall  gross  margins  declined  to  39%,  from 42.2%, due to
increased  contributions  from  its  lower  margin  industrial products and
higher  soybean  prices.  This  was,  however,  offset  by  higher ASPs and
increased utilisation of its new production capacities.

3Q  operating  cashflow  remained  healthy,  increasing  from  RMB26.7m   to
RMB99.7m. Average receivables turnover was consistent at 71 days.

 

CIMB maintained TP ... well done

Celestial Nutrifoods (S$1.25) - 3QFY07 results - Robust sales offset higher costs
Net profit in line. 3Q07 net profit was Rmb104.8m (+35.8% yoy), with core profit at
Rmb104.4 (+35.2% yoy), in line with our estimates. 9M07 core profit represents 70% of
our full-year estimate, and 72% of consensus.
Robust sales in all segments. The strong performance was underpinned by a 46.4%
yoy surge in sales to Rmb454.3m. All product segments recorded robust sales growth
ranging from 14.4% yoy for the largest (Health, Food and Beverage) to 1,080.5% yoy for
a new product, lecithin.
Gross margins remained firm qoq. Gross margins dipped to 39.0% in 3Q07 from
42.2% in 3Q06, but remained firm vs. the 38.9% in 2Q07, despite a 24.7% yoy rise in
soybean costs to Rmb2,763. The firm margins were achieved through higher efficiency
and utilisation of production facilities in the Soybean Zone, which lifted margins for all
industrial protein products. Health, Food and Beverage was already operating at 84.2%
and saw a slight decline in gross margins to 48.8% from 52.8% in 3Q06.
[ 12 ] CIMB-GK Research Pte Ltd 14 November 2007
Maintaining FY07-09 estimates. We have raised our FY07 revenue estimate by 6.4% to
Rmb1,782.5m in view of the strong sales thus far. We are, however, maintaining our EPS
estimates given the lower gross margins in 9M07. Management only plans to raise prices
for the Health, Food and Beverage segment in Dec 07, to combat rising input costs.
Maintain Outperform; target price unchanged at S$2.23. We maintain our target
price of S$2.23, now based on 13.5x CY09 P/E vs. 14.9x CY08 P/E earlier. Our new
target P/E is in line with lower forward multiples for key upstream peer, Pine Agritech
(PAG SP, Underperform, S$0.35, TP S$0.39). We continue to value Celestial at a
premium to Pine Agritech due to its clear expansion strategy and strong retail segment.