Post Reply
181-200 of 346
HOLD!sgxinvestor ( Date: 17-May-2010 08:39) Posted:
OMG! The Edge provided wrong informations again!!!
HL Asia's Net Profit shd be 218% rise in net profit to $103m in 1Q
 |
|
OMG! The Edge provided wrong informations again!!!
HL Asia's Net Profit shd be 218% rise in net profit to $103m in 1Q
Hong Leong Asia posts 54% rise in net profit to $36m in 1Q
Hong Leong Asia says profit attributable to shareholders rose 54% to $35.9 million in 1Q 2010
from $23.2 million in 1Q 2009 on the back of a 37% rise in group revenue to $1.49 billion
(corrected) from $1.09 billion as the economic climate in China, Singapore, Malaysia and
Indonesia improved.
Driven primarily by increased sales in China from the Consumer Products Unit (Xinfei) and the
Diesel Engines Unit (Yuchai), the group’s gross profit improved markedly to $337.2 million
However, a gain on the sale of a factory located in Singapore as well as a write-back of claim
provision which was no longer required added more than $3 million to Other Income in 1Q 2010.
The Edge 15 May 2010
( ^_^) ( ^_^) (^_^ )
China Yuchai International Limited (HLA holding 27.5% stake) is trading about US$20+ now. HL Asia getting more valuable! (^.^ )
http://finance.yahoo.com/q/ta?s=CYD&t=1y&l=off&z=l&q=l&p=b,e50,e100,e200&a=m26-12-9&c=
tradersgx ( Date: 01-Apr-2010 01:31) Posted:
| Date & Time of Broadcast |
31-Mar-2010 18:03:19 SGX |
| Announcement No. |
00176 |
| The details of the announcement start here ... |
| Announcement Title * |
Increase of Shareholding in China Yuchai International Limited (“CYI”) |
| Description |
The Board of Directors of Hong Leong Asia Ltd. (“HLA” or the “Company”) wishes to announce that Well Summit Investments Limited (“Well Summit”), a wholly-owned subsidiary of the Company, has purchased in the open market an aggregate of 299,007 ordinary shares of US$0.10 each in the capital of CYI (a company listed on the New York Stock Exchange), representing approximately 0.80% of the issued and paid-up share capital of CYI, for an aggregate cash consideration of US$4,448,808.90. The consideration was funded by a combination of internal funds and bank borrowings. Following the said purchases, the HLA group holds in aggregate 10,248,014 CYI shares (inclusive of 1 special share of US$0.10 in CYI) representing approximately 27.50% of the issued and paid-up share capital of US$3,726,767.40 comprising 37,267,673 ordinary shares and 1 special share of CYI as at 30 March 2010.
By Order of the Board
HONG LEONG ASIA LTD.
Ng Siew Ping, Jaslin
Company Secretary
31 March 2010
Singapore
|
|
tradersgx ( Date: 25-Feb-2010 22:31) Posted:
|
( ^_^)( ^_^) ( ^_^)( ^_^) Huat La! (^_^ ) (^_^ )(^_^ ) (^_^ )
CHINA YUCHAI INTERNATIONAL LIMITED UNAUDITED CONSOLIDATED INCOME STATEMENTS
For the year ended December 31, 2009 ; (Hong Leong Asia Ltd holdings 26.7% shares)
in Rmb$ FY2009 vs FY2008
Revenues, net Rmb$13.1bln VS Rmb$10.4bln yoy +26.3%
Net income Rmb$628mln VS Rmb$240mln yoy +161.6% WoW! (^_^ )(^_^ )(^_^ )
Net earnings per common share Rmb$16.85 VS Rmb$6.44 yoy +161.6%
or
in USD$ FY2009 vs FY2008
Revenues, net USD$1.9bln VS USD$1.5bln yoy +26.3%
Net income USD$92mln VS USD$35.2mln yoy +161.6% WoW! (^_^ )(^_^ )(^_^ )
Net earnings per common share USD$2.47 VS USD$0.94 yoy +161.6%
RMB 6.8282 = US$1.00
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_02E1F26FEE01124D482576D5003F299F/$file/CYI_6K_unaudited_2009_financial_results.pdf?openelement
|
|
|
|
Let's try to cross up $5.00..
HLA unlikely to cross over 5,
because april = 4~5
may = 5~6
june = 6+
july = no news yet
WoooW!
Hong Leong Asia target price raised to $5.67 by DBS Vickers
14 April 2010
DBS Vickers has raised Hong Leong Asia (H22.SG) target price to $5.67 from $4.36, based on sum-of-parts valuation, after increasing P/E peg for China unit Yuchai to 16x FY10 earnings from 6x to align with peer average.
DBS Vickers says Yuchai, which makes diesel engines, poised to benefit from China’s booming auto sales, but notes unit undervalued by market despite its dominant market position, strong earnings prospects.
“Improved transparency and corporate governance will raise Yuchai's valuation towards the industry's average and add value to Hong Leong Asia shareholders,” says the broker who is keeping its “buy call.
pharoah88 ( Date: 06-Apr-2010 11:15) Posted:
TP S$10.00
yipyip ( Date: 03-Apr-2010 20:07) Posted:
|
6 mths TP is $6 ! Hahaha
(H) If XinFei dual listing in HK.
(L) HLA Increase of Shareholding in China Yuchai International Limited, now is 27.5% stake
(A) Government subsidy programs in China initiated end-2008, and with these extended to 2010,
further traction at (China units) Xinfei and Yuchai.
|
|
|
|
TP S$10.00
yipyip ( Date: 03-Apr-2010 20:07) Posted:
|
6 mths TP is $6 ! Hahaha
(H) If XinFei dual listing in HK.
(L) HLA Increase of Shareholding in China Yuchai International Limited, now is 27.5% stake
(A) Government subsidy programs in China initiated end-2008, and with these extended to 2010,
further traction at (China units) Xinfei and Yuchai.
tradersgx ( Date: 02-Mar-2010 15:39) Posted:
Hong Leong Asia rated outperform | Target price is raised from $6.33 to $6.40
Our core EPS estimates are raised by a marginal 2% to reflect its recent
capital-reduction exercise and our sum-of-theparts target price is raised from
S$6.33 to S$6.40 following this.
We also introduce FY12 numbers. HLA declared a final dividend of 7 Scts,
bringing FY09 dividends to 10 Scts. We expect stock catalysts from potential
corporate actions on Xinfei.
CIMB-GK Research 1 March 2010 |
|
|
|
Then, $5.32 ~ $6.25 is my new TP for HL Asia. Hahaha
Foreign house initiate a target of $10.00
DMG TP$6.00
CIMB TP$6.00
Credit Suisse TP$4.90
DBS TP$4.36
178investors ( Date: 05-Apr-2010 15:04) Posted:
thought mentioned in somewhere a foreign house initiate a target of 10.oo
feel like nimbling ... huat la asia... |
|
thought mentioned in somewhere a foreign house initiate a target of 10.oo
feel like nimbling ... huat la asia...
Finally, DMG learned the potential of HL Asia, another TP$6.00 ! Huat Laa Asia! (^_^ )
Hong Leong Asia rated buy
DMG & Partners Securities ; Hong Leong Asia ;
Raise our sum-of-the-parts target price to $6.00 (^_^ )
Written by The Edge
Monday, 05 April 2010 12:36
DMG & Partners Securities in an April 1 research report says:
"Our recent checks suggest that HLA management remains
optimistic on 2010 growth prospects. Xinfei sold more than 3
00k of white goods in Jan 2010, which is in excess of 10% of
2009 sales volume.
"Yuchai’s unit sales in the first two months of 2010 was 27%
of 2009 full year sales. In our sum-of-the-parts valuation,
Xinfei accounted for 58% share of the value ie $3.46 out of $6.00.
We believe the potential unlocking of Xinfei value would
contribute to investor interest in HLA. As we see more newsflow
over the next few months, expect upside for HLA share price.
"We raise our sum-of-the-parts target price to $6.00 (from $5.03)
as we increase our target P/E benchmark for the various business
segments – we believe investors’ improved understanding of
HLA’s business potential justifies this. BUY"
tradersgx ( Date: 05-Apr-2010 00:18) Posted:
17Mar2010 CIMB's TP $6.00 for HL Asia. (^_^ )
Xinfei’s Revenue S$M and Growth Rate% (Actual & Forecast):
2012F S$M 2,015 +19.16%
2011F S$M 1,691 +18.33%
2010F S$M 1,429 +46.71%
2009A S$M 974 +2.20%
2008A S$M 953 +12.78%
2007A S$M 845 +10.60%
2006A S$M 764
1995 to 2005 n.a
1994A HL Asia became major shareholder
Source:
CIMB-GK Research 22 Jan 2010
http://www.xinfei.com/xinfei/aboutus/49/85.aspx
 x 0
 x 0
 Alert Admin |
Meticulous surveillance! The future of HLA is Huuuaaat Laaaaaaa Asia! Hehehe... (^_^ )
|
| Rate This Post: Useful To Me Not Useful To Me |
x 0
x 0
Alert Admin |
6 mths TP is $6 ! Hahaha
(H) If XinFei dual listing in HK.
(L) HLA Increase of Shareholding in China Yuchai International Limited, now is 27.5% stake
(A) Government subsidy programs in China initiated end-2008, and with these extended to 2010,
further traction at (China units) Xinfei and Yuchai.
|
|
|
Meticulous surveillance! The future of HLA is Huuuaaat Laaaaaaa Asia! Hehehe... (^_^ )
6 mths TP is $6 ! Hahaha
(H) If XinFei dual listing in HK.
(L) HLA Increase of Shareholding in China Yuchai International Limited, now is 27.5% stake
(A) Government subsidy programs in China initiated end-2008, and with these extended to 2010,
further traction at (China units) Xinfei and Yuchai.
tradersgx ( Date: 02-Mar-2010 15:39) Posted:
Hong Leong Asia rated outperform | Target price is raised from $6.33 to $6.40
Our core EPS estimates are raised by a marginal 2% to reflect its recent
capital-reduction exercise and our sum-of-theparts target price is raised from
S$6.33 to S$6.40 following this.
We also introduce FY12 numbers. HLA declared a final dividend of 7 Scts,
bringing FY09 dividends to 10 Scts. We expect stock catalysts from potential
corporate actions on Xinfei.
CIMB-GK Research 1 March 2010 |
|
Any new development for XINFEI from Merrill Lynch? I prefer option to Dual Lisitng in HK...Huat Laa Asia!
tradersgx ( Date: 02-Mar-2010 00:31) Posted:
Big Bro DBS reviwed....... (", )
Hong Leong Asia
Closer to unlocking value from Xinfei (HLA's stake 90%,valuation more than US$700m)
Maintain Buy; SOTP raised to S$4.36 Target Price
One step closer to unlock value from Xinfei. The company has announced that
Merrill Lynch (Singapore) has been appointed as the financial adviser to assist
in the review and execution of strategic alternatives with regard to Xinfei, the
2nd largest fridge manufacturer in China with 12% market share in terms of revenue.
The strategic alternatives include;
(i) listing, preferably in HK for higher valuation,
(ii) disposal,
(iii) acquisition of a complementary business,
(iv) debt or equity financing, or
(v) restructuring or recapitalization.
Reuter’s news report dated 18 Nov 2009 suggested that HLA once received an
offer of US$700m for its 90% equity stake in Xinfei. Apparently, the management
of HLA is looking at more options to maximize the value of its stake. At US$700m,
Xinfei is valued at 15x FY10 P/E, substantially lower than its peers at >20x FY10 P/E.
Segmental:
Xinfei ( HLA's stake 90% )
FY2009 Revenue S$974.0mln
FY2009 Net Profit S$60.6mln
HL Asia trades at an attractive PE of 10x FY10 P/E. Backed by good growth prospects
and potential upside from Xinfei, HLA is a Buy, target price raised to $4.36 on higher
valuation of BMU Singapore and Tasek Cement.
DBS 1 Mar 2010 |
|
TP S$4.90
tradersgx ( Date: 04-Mar-2010 22:50) Posted:
DJ MARKET TALK: (2010/03/04 08:16AM)
Credit Suisse Raises Hong Leong Asia To Outperform; lifts Target Price to S$4.90 ('o' ) !!!
0016 GMT [Dow Jones] STOCK CALL:
Credit Suisse upgrades Hong Leong Asia (H22.SG) to Outperform from Underperform,
lifts sum-of-parts target price to S$4.90 from S$1.60; "we had previously underestimated
the extent of various government subsidy programs in China initiated end-2008, and
with these extended to 2010, we now see further traction at (China units) Xinfei and Yuchai".
Notes sales momentum of Yuchai, which makes diesel engines, remains strong,
with sales in January representing 18% of total number of units sold in FY09.
Raises HLA''s FY10 earnings forecast by 113% to S$142.9 million, with fridge
maker Xinfei accounting for 52% of net profit.
|
|
if got guarantee no laosai after eating that dinner? can makan for sure?
tradersgx ( Date: 01-Apr-2010 17:23) Posted:
Pilots: " Today dinner is Braised Young Seal." (^_^ )
|
|
Pilots: " Today dinner is Braised Young Seal." (^_^ )
Is Great White Shark interest to open her mouth to bite $0.10 seal meat or so call correction?
By looking past week Maybe 10 time or more?
About tradersgx 
Contact 
About yipyip