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Maybe ... Not sure what is the fundamental of this stock... just manufacturing?
Oh no! maybe we are too optimistic.
dealer0168 ( Date: 12-Aug-2009 10:06) Posted:
Maybe BB still asleep. Late morning, maybe than surge....... |
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Maybe BB still asleep. Late morning, maybe than surge.......
Another speculation? This stock been quiet for many days liao...
This stock so quiet today ... was expecting it to go up ... Come on ... Dun disappoint all of us rooting for you ...
i c it -ve first then +ve
2 counter to soar...today.Li Heng and Healthyway..
next QAF and wrt.....jade and centillion...
join me???
Btw, first qtr, their profit margin is lesser n they earn a $0.25 HOLD fair value fr OCBC,
this qtr results is better..... i thk this time they may up the fair value (maybe $0.30).
Be positive....... life goes on.......
Let see how things go tomorrow.
dealer0168 ( Date: 11-Aug-2009 23:13) Posted:
Actually all mfg company margin been affected by the recession. As long as we see improvement.
Emm see how the analsyt rate them on their recovery tomorrow.......
Hope fr the best. Cheers.
dcang84 ( Date: 11-Aug-2009 23:08) Posted:
I will be surprise if they make any gains tomorrow. An honest opinion as I'm vested here. Margins squeezed. |
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Bad loh....... hahaha....
Today Dow like dua lao sai. Sian....
cheongwee ( Date: 11-Aug-2009 23:17) Posted:
at least not in the red....but tonite dow in the red...so??? |
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at least not in the red....but tonite dow in the red...so???
Actually all mfg company margin been affected by the recession. As long as we see improvement.
Emm see how the analsyt rate them on their recovery tomorrow.......
Hope fr the best. Cheers.
dcang84 ( Date: 11-Aug-2009 23:08) Posted:
I will be surprise if they make any gains tomorrow. An honest opinion as I'm vested here. Margins squeezed. |
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I will be surprise if they make any gains tomorrow. An honest opinion as I'm vested here. Margins squeezed.
But at least there are recovery for this babe. 2 Qtr result outshine 1 qtr by about 4 times.. At this recession period, this type of result is ok already.
Just my opinion.
wongmx6 ( Date: 11-Aug-2009 21:05) Posted:
Quarter 2, Earnings per share - (RMB cents) 2.23.
My point of view is Too little.not impressive at all.
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giant with such as a small profit, duno when can recover.
Quarter 2, Earnings per share - (RMB cents) 2.23.
My point of view is Too little.not impressive at all.
LI HENG POSTS NET PROFIT OF RMB48.0 MILLION IN 1H09
For 2Q09, net profit recorded was RMB38.0 million
Continuously gaining market share with larger customer base
Experiencing more stability in average selling prices of nylon products
Singapore, 11 August 2009 – Mainboard-listed Li Heng Chemical Fibre Technologies Limited (力恒化纤科技有
限公司) (“Li Heng”, or together with its subsidiaries, “the Group”), one of the PRC’s leading manufacturers of
high-end nylon fibres, today announced that for its half year financial performance as at 30 June 2009 (“1H09”),
revenue was RMB925.8 million, 53.1% lower than the previous corresponding financial period (“1H08”),
primarily due to a 51.5% decrease in average selling prices (“ASPs”) resulting from the pricing pressures in
China’s textile industry due to the global financial crisis.
Gross profit for 1H09 was RMB108.7 million, 84.0% lower as compared to 1H08 last year, whilst gross profit
margin contracted to 11.7% from 34.5% in the mentioned reporting periods.
Summary of results
RMB ‘million
2Q09 2Q08 %
Change
1H09 1H08 %
Change
Revenue 453.3 1,168.4 -61.2 925.8 1,972.1 -53.1
Gross profit 47.8 404.3 -88.2 108.7 680.6 -84.0
Gross profit margin (%) 10.5 34.6 -24.1ppt 11.7 34.5 -22.8ppt
Profit before tax 39.2 389.8 -90.0 57.3 647.6 -91.2
Taxation (1.2) (49.4) -97.6 (9.1) (83.1) -89.0
Net profit 38.0 340.4 -88.8 48.2 564.5 -91.5
Net profit margin (%) 8.4 29.1 -20.7ppt 5.2 28.6 -23.4ppt
EPS (RMB cents) 1 2.23 20.02 N.A 2.83 36.02 N.A
1 Calculated based on the weighted average of 1,700,000,000 ordinary shares in issue during the three months and six months ended 30 June 2009. (31 March and 30 June 2008:the average weighted average of 1,700,000,000 ordinary shares and 1,567,362,637 ordinary shares)
*************************************************************************************************************
Staggering figures!!!!
never mind, alot of opportunity, just twist counter..if it does not cheong...
emm not sure if this profit margin can push its share value high up.
Tomorrow, see how.
li Heng make net profit of
rmb 48 million. Abt 4 times
better than 1st qtr.
Cheers.
cheongwee ( Date: 11-Aug-2009 17:09) Posted:
no worry, so far i am correct,,,Li Heng will be alright...1Q is the crises worse...and with the chinese stimulus, if have to be more than ok..
Li Heng result cannot be worse than 1Q with China economy flying high 2Q...if it did,, i will sell and cut..
not likely... |
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no worry, so far i am correct,,,Li Heng will be alright...1Q is the crises worse...and with the chinese stimulus, if have to be more than ok..
Li Heng result cannot be worse than 1Q with China economy flying high 2Q...if it did,, i will sell and cut..
not likely...