SoundGlobal   

Epure International

look @ epure fly 62c!

 

today wake up..now 61..

 

price sleepin lei..

 

results already out... impressive... looking forward to a better 4Q!!!

 

thanks for your analysis, bintang.

anyone knows when is epure reporting results? how come no word?

 

10MA , 30MA n 55MA  are above the share price currently , if breaking the short term support of 100MA at 56 cents ,it would go to 46 cents at the 200MA .With the contract gains announcement  , the share would move up .If the move up could cross 60.5 cents with huge volume , then the downtrend could make the reversal . Selling into strength is advisable .

 

Looking weak the past week, but uptrend still intact. >> Epure wins landmark contract to run 8 wastewater treatment plants in Hainan  Deal is first of its kind in China to offer “bundled” operating contracts for multiple municipal plants to private bidders  Provides strong affirmation of Group’s operating capabilities and technical expertise  China’s growing wastewater treatment needs and government plans to raise capacity continue to fuel growth SINGAPORE, 06 NOVEMBER 2009 China’s leading water solutions provider, Epure International Ltd. (Epure, the Group or 伊普国际), has clinched a high-profile deal to manage and operate eight municipal wastewater treatment plants in Hainan province. In accordance with China’s 11th Five-Year Plan, state-owned Hainan Provincial Water Conservancy & Power Group Co., Ltd. has built 16 new water treatment plants to revamp the province’s wastewater disposal system. The provincial government has “packaged” them under two large operating contracts for bidding by private companies, with each contract covering eight plants. This model is the first of its kind in China, and other provincial governments are expected to follow suit. Epure’s Chief Executive Officer, Mr Li Li (李力), said: “We are proud to announce that we have won a landmark contract to operate and manage eight municipal wastewater treatment plants in Hainan. This contract, highly anticipated within China’s wastewater treatment industry, has been keenly sought after by more than 20 reputable players. Winning this contract demonstrates that Epure’s technical expertise and operating capabilities are recognised across the sector, and affirms the Group’s leading position in this industry. ” “This contract will further reinforce our strategy to grow our recurrent earnings stream, with the key advantage being that no capital expenditure is required. It will also enable us to quickly scale up our operations to create a more robust earnings model. We will seek out more of such opportunities as we continue to build up our portfolio of build, operate and transfer (BOT) projects.” Under the five-year contract, Epure will manage and operate eight wastewater treatment plants with a total maximum treatment capacity of up to 142,000 tonnes a day. The contract is worth approximately RMB124 million, based on tonnage of wastewater treated, and is expected to contribute to the Group’s earnings from 2010. According to China’s National Bureau of Statistics, the country still has more than 200 cities without sewage treatment capabilities at present. With China’s wastewater emissions increasing, the Chinese government has set aside a budget of RMB330 billion in its 11th Five-Year Plan to increase its wastewater treatment capacity, of which 35% will be invested in building wastewater treatment plants. Discussing the prospects opened up by this investment, Mr Li commented: “With this strong support from the Chinese government to grow the wastewater treatment industry, we see immense opportunities for Epure to secure more engineering, procurement and construction (EPC) and BOT projects, as well as contracts to manage wastewater treatment plants. In this regard, our outstanding track record and expertise as a full-fledged water solutions provider will place us well ahead of the competition.” Just last month, Epure added two more BOT projects in Anyang city and Jiangyan city, bringing the overall number of such projects under its belt to nine. By Order of the Board Submitted by Choo Beng Lor, Company Secretary on 6 November 2009 to SGX.

 

haiz after a few days of dropping yet to c a gain ~

 

any1 got any insight abt tis counter?

 

 

hmmm drop again ...

 

Epure International (59 cents) — Regains 50-day moving average 

TA by The Edge    
12 Oct 2009

Last week, prices touched a low of 52 cents on a closing basis on Monday.
At that point, the counter looked dangerously close to breaking down but
support and the 100-day moving average held. Since then, prices have
rebounded and regained the flat 50-day moving average at 59 cents.
 
Resistance is the twice tested 64-cent level. Volume has actually managed
to expand during the upmove of the past few sessions. However, it is unlikely 
to be sufficient to sustain a breakout at this stage of the cycle.
 

 

[Dow Jones] Epure International (E6E.SG) may head up after company takes 100% stake in build, operate and transfer (BOT) company to undertake new water treatment project in Anyang city, China. Epure says in consideration will be around CNY45 million financed by internal resources, statement project has concession period of 25 years, construction expected to be completed in early 2010. News is further evidence of company''s increasing involvement in BOT projects, which offer more stable stream of income to complement engineering, procurement and consulting business. This latest BOT project is second so far this month, should underpin hopes that company well-placed to benefit from Chinese government continues to push for further privatization in water infrastructure. Shares +4.2% at S$0.615 yesterday; resistance tipped at Sept. 22 high of S$0.645.

 

 

 

+0.015 !

 

PE(F): 14.00 Price:  $0.710  Upside: 0.00%
PE(F): 13.90 Price:  $0.705  Upside: 0.71%
PE(F): 13.80 Price:  $0.700  Upside: 1.43%
PE(F): 13.70 Price:  $0.695  Upside: 2.16%
PE(F): 13.61 Price:  $0.690  Upside: 2.90%
PE(F): 13.51 Price:  $0.685  Upside: 3.65%
PE(F): 13.41 Price:  $0.680  Upside: 4.41%
PE(F): 13.31 Price:  $0.675  Upside: 5.19%
PE(F): 13.21 Price:  $0.670  Upside: 5.97%
PE(F): 13.11 Price:  $0.665  Upside: 6.77%
PE(F): 13.01 Price:  $0.660  Upside: 7.58%
PE(F): 12.92 Price:  $0.655  Upside: 8.40%
PE(F): 12.82 Price:  $0.650  Upside: 9.23%
PE(F): 12.72 Price:  $0.645  Upside: 10.08%
PE(F): 12.62 Price:  $0.640  Upside: 10.94%
PE(F): 12.52 Price:  $0.635  Upside: 11.81%
PE(F): 12.42 Price:  $0.630  Upside: 12.70%
PE(F): 12.32 Price:  $0.625  Upside: 13.60%
PE(F): 12.23 Price:  $0.620  Upside: 14.52%
PE(F): 12.13 Price:  $0.615  Upside: 15.45%
PE(F): 12.03 Price:  $0.610  Upside: 16.39%
PE(F): 11.93 Price:  $0.605  Upside: 17.36%
PE(F): 11.83 Price:  $0.600  Upside: 18.33%

Still flowing well, accumulate
DBS 8/10/09

Reiterate Buy.
Notwithstanding solid fundamentals, Epure was sold down with the broader market recently.
We see recent price weakness as opportunity for investors to accumulate the stock.
Epure currently trades at 11x FY10, making it among the cheapest water stock regionally
despite having one of the strongest track record in the sector. Our TP of S$0.71 translates to
mid-cycle historical average of 14x P/E.

 

 

 

EPURE TAKES 100% STAKE IN BOT COMPANY

 

Date & Time of Broadcast

14-Oct-2009 23:16:01

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_B9E9A97DFDFFCFFA4825764F0053B523/$file/Ann_BOT_Anyang.pdf?openelement

 

Price

Previous close S$0.60

Fair value S$0.71

Share price return 18.3%

 

lets c when it can start moving ~

 

hmm going to off load tis when i got tt chance

 

no movement at all, not only this counter, alot of the small cap not running, losing steam.....

 

 

so far abit disppointed by tis counter. Not moving as well as others recommended "Stocks" when compared. got to go back n check out more abt this stock.

 

EPURE is NOT pure....