Post Reply
21-40 of 266
looks like bo lat liao
jm2212 ( Date: 09-Mar-2010 15:24) Posted:
|
sO nOw lOOgchEEr iS bEEtEr than sinOtel ?
samson ( Date: 07-Sep-2009 22:16) Posted:
| |||||
possible to break 0.60 soon
quite a bit of buying interest lately, trend looks good, price holding well even after XD
they're building 1 mega plant now, even though they said internal funding is sufficient, better pray hard dont have another round of cash call.
( ,")
Longcheer's Q2 net profit up 30%, declares higher dividend
Longcheer Holdings Limited, a designer of mobile phones in China, announced net profit
grew 30 per cent to RMB39.13 million (US$5.73 million) for its financial results for the
second quarter ended December 31, 2009.
The group reported a record revenue of RMB 1.04 billion, crossing the RMB1 billion mark
for the first time in a quarter. The 44 per cent growth was attributed mainly to growth in exports.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_FEAC76B6CDA1D03A482576C40020149F/$file/2QFY10-Results-080210.pdf?openelement
These few days still green green when most of them are red ?????????????
hopefully the momentum can be sustained, waiting for it to test last year's high of 0.62
Longcheer posts 38% fall in net to $6.2m in 1Q
Longcheer Holdings, one of the leading designers of mobile phones in China, says net profit fell 38% to RMB 30.2 million ($6.2 million) for the three months ended Sept 30, 2009 (1QFY10) from RMB 48.9 million in 1QFY09.
the price has been traded in a tight range of between 0.58 - 0.62 for the last 2 weeks, seems like a consolidation phase b4 the break out
buy on dip below 0.57. supporting should be around this range. dividends pay out is good. if you can hold on to near XD date. the stocks should be able to see rally.
lousy counter, 0.6 cant even stay for long..... disappointed
EPURE, SINOTEL, LONGCHEER: What analysts now say.....
http://www.nextinsight.com.sg/content/view/1497/60/
| Written by NextInsight team | |
| Tuesday, 08 September 2009 |
DMG raises target price of Epure to 71 cents
Analysts - Selena Leong & Terence Wong: Epure’s 2Q09 results were in-line with our estimates, with earnings rising by 28%. With RMB900m worth of contracts currently under negotiation, our confidence in its ability to secure more future projects and grow its order books is reaffirmed. Maintain BUY, with revised fair value of S$0.75 (S$0.51 previously).
With the positive industry outlook, we are expecting continued growth in revenue from Epure’s project wins. Applying a P/E of 14x (in line with its peers) to Epure’s FY10 earnings, we derive a new target price of S$0.75 (S$0.51 previously).
AMFRASER reduces target price of Sinotel to 93 cents (from $1.04)
Analyst – Winston Peak: Sinotel announced on 4 Sept that they will place up to 28m new shares at S$0.5052 per share to institutional investors. Management has expressed optimism that the new funds can be swiftly employed to secure more projects.
As we have mentioned in our initiation report dated 31 Aug 09, demand in PRC for wireless infrastructure installation in buildings andother establishments is building up exponentially due to the 3G licenses issued to the 3 telcos early this year.
We continue to be bullish about Sinotel’s prospects amid the booming industry that they are in. However, we are mindful that any new contracts secured as a result of the new funds would mostly start to contribute in FY10 as well as the risk of further dilution. In view of the above, we have adjusted our revenue projection and risk premium accordingly.
Our earnings model gives us a Fair Value of 93 SG cents which is 50% higher than the last traded price of 62 SG cents. Overall, we still believe the shares merit a BUY recommendation.
DMG maintains ‘buy’ rating on Longcheer
Analyst – James Lim:expectations of RMB534.6m and RMB38.0m, respectively.
Key positives going forward include:-
(i) Strong net cash position of 28 S¢ per share;
(ii) The growing 3G market in China;
(iii) Strong cash flow generating attributes;
(iv) 1QFY10F top and bottomline to see at least sequential growth of 42% and 27% respectively.
Valuation/Recommendation: Maintain BUY with target price of S$0.865 (from S$0.57 previously) based on 7.6x FY10 P/E. 4QFY09 revenue of RMB634.6m and net earnings of RMB38.3m in line with
龙旗控股（Longcheer）
（2009-09-05）
龙筹股点评
集团刚发布的第四季业绩符合分析师预测。分析师预期集团将能够把握3G市场，并看好其接下来的展望。
分析师指它的净现金头寸（Net Cash Position）和现金周转强劲。中国3G市场的增长也有助提升集团接下来的业绩表现。
分析师维持对该股的“买入”评级，并将目标价从56分调高至86.5分。龙旗控股昨日闭市报60.5分，起3.5分。
（德意志摩根建富证券，DMG & Partners Securities）
http://www.zaobao.com/cs/cs090905_013.shtml
to nigh US Economic Release
Date Event Period Actual data Surveyed data Prior data
28-Aug Personal Income JUL 0.00% 0.10% -1.30%
28-Aug Personal Spending JUL 0.20% 0.20% 0.40%
28-Aug U. of Michigan Confidence AUG F 65.7 64.3 63.2
31-Aug Chicago Purchasing Manager AUG 50 48 43.4
1-Sep ISM Manufacturing AUG 52.9 50.5 48.9
2-Sep Factory Orders JUL 1.30% 2.20% 0.40%
3-Sep Initial Jobless Claims 30-Aug 570K 564K 570K
3-Sep ISM Non-Manf. Composite AUG 48.4 48 46.4
4-Sep Change in Nonfarm Payrolls AUG - - -230K -247K
4-Sep Unemployment Rate AUG - - 9.50% 9.40%
DMG & Partners Research
4QFY09 Results Review
Leveraging on the 3G theme
Results inline with forecasts; Maintain BUY.
provider Longcheer reported 4QFY09 results that were inline with our
expectations. We continue to expect Longcheer to be able to leverage on the 3G
theme – BUY recommendation is therefore maintained while target price is
increased to S$0.865 (from S$0.56 previously) based on 7.6x FY10 P/E.
http://www.remisiers.org/research//04Sep09-Longcheer%20buy%20dmg.pdf
0.86? hmm.. i think american market will end friday on the red. that means probably monday start lower. i wait for pull back before re-entry
Longcheer climbs to 22-month high after DMG lifts target price $0.86
| Written by Bloomberg |
| Friday, 04 September 2009 10:54 |
Longcheer Holdings climbed to its highest level in 22 months after DMG & Partners Securities Pte raised its share-price estimate by 55%, saying the mobile-phone maker is benefiting from rising demand in China.
The stock advanced 7% to 61 cents as of 10:42 a.m., poised for its highest close since Nov 9, 2007. Longcheer has risen 131% this year, beating the Straits Times Index’s 48% gain.
The stock advanced 7% to 61 cents as of 10:42 a.m., poised for its highest close since Nov 9, 2007. Longcheer has risen 131% this year, beating the Straits Times Index’s 48% gain.
DMG raised its share-price estimate for Longcheer to 86.5 cents from 56 cents and maintained its “buy” rating, saying the company will benefit from the rapid expansion of 3G mobile networks in China.
The brokerage expects Longcheer’s profit will rise to 198.3 million yuan ($41.8 million) in the year ending June 2010, compared with 145.9 million yuan a year ago.