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Remenber to jump onboard before this bullet train zoom pass again....
vested more today !! huat ahh!!
Bopanha ( Date: 05-Feb-2013 16:50) Posted:
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TRANSLATED BY GOOGLE (NOT EDITED YET)
China South Locomotive major contract announcement
China South Locomotive & Rolling Stock Corporation Limited has recently signed a number of major contracts, the aggregate amount of about 4.63 billion yuan, as follows:
1 The Company's wholly-owned subsidiary of CSR Zhuzhou Electric Locomotive Co., Ltd. Wuhan Railway Bureau signed a the locomotive sales of about 1.5 billion yuan contract.
2 The Company's wholly-owned subsidiary of CSR Zhuzhou Electric Locomotive Co., Ltd., China Shenhua Energy Company Limited Shenshuo Railway Branch signed a the locomotive sales of about 1.15 billion yuan contract.
The company's wholly owned subsidiary, CSR Zhuzhou Electric Locomotive Co., Ltd. Shuohuang Railway Development Co., Ltd. signed a 270 million yuan the locomotive sales contract.
(4) The Company's wholly-owned subsidiary of CSR Nanjing Puzhen Rolling Stock Co., Ltd. the Jiangsu Guotai Group Hengyuan Investment and Development Co., Ltd. signed a 350 million yuan Turkmenistan passenger sales contract.
5 the company owned subsidiary of CSR Nanjing SR Puzhen Rail Transport Co., Ltd. and Nanjing Metro Group Co., Ltd. signed about 710 million yuan in Nanjing Ning day intercity vehicle sales contract.
6 The company owned subsidiary of Baoji CSR Times Engineering Machinery Co., Ltd. in Technology International Tendering Company signed a rail flaw detection car sales of about 470 million yuan contract.
7, a wholly owned subsidiary of CSR Zhuzhou Electric Locomotive Research Institute Co., Ltd. South Design Institute of China Hydropower Engineering Consulting Group signed a contract of about 180 million yuan of sales of wind turbines.
The total amount of the above material contracts accounting for about 5.7% of 2011 operating income of Chinese accounting standards under the Company.
中 国 南 车 重 大 合 同 公 告
中 国 南 车 股 份 有 限 公 司 于 近 期 签 订 若 干 项 重 大 合 同 ， 合 计 金 额 约 46.3亿 元 人 民 币 ， 具 体 情 况 如 下 ：
1. 本 公 司 全 资 子 公 司 南 车 株 洲 电 力 机 车 有 限 公 司 与 武 汉 铁 路 局 签 订 了 约 15亿 元 人 民 币 的 机 车 销 售 合 同 。
2.本 公 司 全 资 子 公 司 南 车 株 洲 电 力 机 车 有 限 公 司 与 中 国 神 华 能 源 股 份 有 限 公 司 神 朔 铁 路 分 公 司 签 订 了 约 11.5亿 元 人 民 币 的 机 车 销 售 合 同 。
3.本 公 司 全 资 子 公 司 南 车 株 洲 电 力 机 车 有 限 公 司 与 朔 黄 铁 路 发 展 有 限 责 任 公 司 签 订 了 约 2.7亿 元 人 民 币 的 机 车 销 售 合 同 。
4.本 公 司 全 资 子 公 司 南 车 南 京 浦 镇 车 辆 有 限 公 司 与 江 苏 国 泰 集 团 恒 源 投 资 发 展 有 限 公 司 签 订 了 约 3.5亿 元 人 民 币 的 土 库 曼 斯 坦 客 车 销 售 合 同 。
5.本 公 司 控 股 子 公 司 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 与 南 京 地 铁 集 团 有 限 公 司 签 订 了 约 7.1亿 元 人 民 币 的 南 京 宁 天 城 际 车 辆 销 售 合 同 。
6.本 公 司 控 股 子 公 司 宝 鸡 南 车 时 代 工 程 机 械 有 限 公 司 与 中 技 国 际 招 标 公 司 签 订 了 约 4.7亿 元 人 民 币 的 钢 轨 探 伤 车 销 售 合 同 。
7本 公 司 全 资 子 公 司 南 车 株 洲 电 力 机 车 研 究 所 有 限 公 司 与 中 国 水 电 顾 问 集 团 中 南 勘 测 设 计 研 究 院 签 订 了 约 1.8亿 元 人 民 币 的 风 力 发 电 机 组 销 售 合 同 。
上 述 重 大 合 同 总 金 额 约 占 本 公 司 中 国 会 计 准 则 下 2011年 营 业 收 入 的 5.7%。
See you at the next station, that is at 60 cents. Hehehhahaha!! Good luck!!
bt did nt go up leh??
Bopanha ( Date: 05-Feb-2013 16:32) Posted:
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Actually, the correct news is:
Nanjing SR Puzhen Rail Transport Co., Ltd, a non-wholly-owned subsidiary of the Company,
has entered into a contract with Nanjing Metro Group Co., Ltd. (
relation to the sale of rapid transit vehicles for Nanjing Metro Ningtian Line with a value of
approximately RMB0.71 billion.
Got this from here: http://www.csrgc.com.cn/manager/uploadfiles/1360025714816.pdf
Got translated from Google, hehehaha!!
" " The Company's wholly-owned subsidiary of CSR Nanjing Puzhen Rolling Hengyuan Investment and Development Co., Ltd. and Jiangsu Guotai Group signed a 350 million yuan Turkmenistan bus sales contract" " Good news!!
noted, thanks for sharing!
Ann3332 ( Date: 05-Feb-2013 14:38) Posted:
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Today, 5th Feb
point 4 also mentioned on this report, see extract below, both points are for Midas Nanjing JV company
4.本 公 司 全 资 子 公 司 南 车 南 京 浦 镇 车 辆 有 限 公 司 与 江 苏 国 泰 集 团 恒 源 投 资 发 展 有 限 公 司 签 订 了 约 3.5亿 元 人 民 币 的 土 库 曼 斯 坦 客 车 销 售 合 同
simply_ek ( Date: 05-Feb-2013 14:30) Posted:
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what was the date of this report pls?
Ann3332 ( Date: 05-Feb-2013 14:23) Posted:
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Midas NanJing JV company and Nanjing MRT signed contract, +10% today on SSE, http://stock.cf8.com.cn/601766.shtml
below is the extract of the China South Rail link on today report , http://stock.cf8.com.cn/f10/601766_zxts.shtml
5.本 公 司 控 股 子 公 司 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 与 南 京 地 铁 集 团 有 限 公 司 签 订 了 约 7.1亿 元 人 民 币 的 南 京 宁 天 城 际 车 辆 销 售 合 同 。
hope to see Midas moves soon towards 0.60
Whoa, looks like our train is going down for CNY. Hope once China resumes business, she will shoot up again. Fasten seatbelts and hold on. Anyone else think so?
Selling pressure is still strong...
This train is moving towards 0.60 with ease.
junction ( Date: 02-Feb-2013 14:20) Posted:
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Monday got good chance to gap up.
Peter_Pan ( Date: 02-Feb-2013 13:37) Posted:
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Don't miss the train woh...rush hour...train getting packier and packier woh...upgrading in process...
Articles from The Edge
Some of these stocks are also on the buy-lists of a number of other brokerage firms. Midas, in particular, appears to be regaining a broad analyst following. The stock was once a hot play on the development of China's rail infrastructure, but it collapsed in the face of the global economic crisis and a clampdown by China on railway spending following train accidents and reports of corruption involving its top railway officials. Shares in Midas are up more than 34% in the past month, but they are still about 51% below their pre-crisis levels.
Analysts are expecting Midas to benefit from renewed spending on railway infrastructure in China this year. According to OCBC Investment Research, China could spend RMB650 million this year on railway investments. "We believe China's Railway Ministry could resume high-speed train-car tenders in 1Q2013," the research house says in a recent report. Wei Bin, an analyst at Maybank Kim Eng, says Midas already has an order book worth RMB500 million. "If they can expand that to RMB1 billion, the share price will go up to $1," he says. Shares in Midas are clearly already running up in anticipation of this, but analysts say a further re-rating is possible once the contracts flow in and start making contributions to the company's bottom line.
Some of these stocks are also on the buy-lists of a number of other brokerage firms. Midas, in particular, appears to be regaining a broad analyst following. The stock was once a hot play on the development of China's rail infrastructure, but it collapsed in the face of the global economic crisis and a clampdown by China on railway spending following train accidents and reports of corruption involving its top railway officials. Shares in Midas are up more than 34% in the past month, but they are still about 51% below their pre-crisis levels.
Analysts are expecting Midas to benefit from renewed spending on railway infrastructure in China this year. According to OCBC Investment Research, China could spend RMB650 million this year on railway investments. "We believe China's Railway Ministry could resume high-speed train-car tenders in 1Q2013," the research house says in a recent report. Wei Bin, an analyst at Maybank Kim Eng, says Midas already has an order book worth RMB500 million. "If they can expand that to RMB1 billion, the share price will go up to $1," he says. Shares in Midas are clearly already running up in anticipation of this, but analysts say a further re-rating is possible once the contracts flow in and start making contributions to the company's bottom line.
The pattern seems to show accumulation..hope those accumulating know what they are doing.
Hopefully can break 57 cts resistance today.
Train getting packier and packier...
Boarded Nobel and waiting..
GorgeousOng ( Date: 01-Feb-2013 10:00) Posted:
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