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Asia Power placing out 40m shares at 33 cents!! 4 cents above today closing price!
China's Electric-Power Consumption Expected to Maintain 10% Annual Growth for Next Three Years
http://www.marketavenue.cn/upload/NEWS_18394.htm
Very stable....something brewing?? Look like the best is yet to come....
Has been like this. Notice 300 lot Q at 0.300 everyday. Previous the high sell Q is 0.420, but of late is 0.400
BullRun, of late Asiapower's vol is very low.. like 100k a day... and px seemed very controlled, sellers and buyers differential like 35c vs 33.5c, one side will yield to the other side at times.. and the same bid/ask px again... u noticed anything like this? Any input?
Steady!!! THE BEST IS YET TO COME!
NDRC adjusts electricity prices in northeastern China
http://www.interfax.com/4/322567/news.aspx
Hydropoewer is the way to go....!!!
this stock will break 40c very soon. vested!!!!!!!!!!!
Some must be puzzled why Asia Power continue to surge......
Price remain firm....while some still trying very hard to understand FA...Aisa Power just continue to move north!!
STRONG rebound!! Many must be disappointed to see this....but I'm HAPPY!!!
look like going to lao sai again...
The solid fundamentals are driving the share price against the poor market sentiments!!
we should see a V soon...
still a good option compared to the others listed on HSI....
Rebound strongly from 25c to close at 32c yesterday.... the solid fundamentals is driving the share price!
As I always said..value investors buy from CONFUSED and FEARFUL investors.......
The gain from the sale of the subsidiary is one-off.
perhaps zhugeliang was too hasty in his judgement, failing to read further into the financial statement..the 49.5% drop in net profit is due to the previous year's sale of a subsidiary. If it were disregarded from previous year's earnings, core operating net profit would reveal a 15% jump..
mabbe zhuge's hoping to beat down the price in the hope to collect more? :)
Singapore, August 13, 2007
(?Asia Power? or ?the Group?) (
involved in the ownership, management and operation of renewable energy power
plants in the People?s Republic of China, is pleased to announce a 15% increase in
net profit.