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Humm..."Si Huan Chui Hao". (U like it, is good)..humm..
Any one knows why there is a surge in share price on Friday?. Any M&A firmed up?
Heart disease and strokes are set to become the leading killers in Asia, a senior WHO advisor said, urging governments to step in before the illnesses spiral out of control.
Source: Reuters
hmm.. Sihuan is a niche player in producing drugs to combat against heart diseases...
Cheong Ah! Congrats to all who are vested!!
lets hope sihuan will acquire successfully just like ferro! the day when it halts its trading.. HOO!! HOO!! Philips target price at $1 and DMG target at $1.23 both not factoring acquisitions..
CHEONG AH!!!
I am waiting for you little baby! 
Extracting from the Reuters interview..
"..financing would come from bank loans, IPO proceeds and cash.."
So placement maybe unlikely...
Cheers!!
It posted a good result. High indication for the issue of more shares or placement of shares for M&A. This stock is just listed on the stock exchange not long ago Such company shows the lack in depth as an investor may not welcome such move. Such M&A move should only consider after one year being listed in the exchange. Such share issue may cause the fall in the share price especially the given price is always at a great discount to the market price..
Sihuan said it plans to make at least 3 acquisitions this year to expand its business and boost its market share in China.It is in talks with at least 3 private Chinese pharmaceutical companies to take a majority stake or enter into jvs, CEO Fengsheng Che told Reuters in an interview.
"We don't rule out the possibility of some M&A this year. We are now targeting 3," Che said.
He declined to say how much the firm would spend on the acquisitions, but said financing would come from bank loans, IPO proceeds and cash. Sihuan has about 41.8 million yuan in cash, according to its '06 balance sheet.
Sihuan -- which has a market value of about US$200 million -- also said local stock broker DMG's 2007 net profit forecast of 136.9 million yuan, and sales target of 259.6 million yuan were "reasonable".
That would represent a 51% increase in net profit in 2007, from 90.5 million yuan in 2006, and a 60% jump in revenue in 2007, from 161.8 million yuan last year.
"The estimates are reasonable," Che said.
Sihuan also expects to maintain gross profit margins of more than 70%, on the back of strong sales this year, Che said.
Philips targets $1.02!!!!!!!!!!!CHEONG AH!!!!!!!!!!!
Valuation!
million and RMB 198 million, which translates into a growth of 56% and 40% in
the next two years respectively. Based on our FCFE model with a discounted
rate of 12%, we derived a fair value of S$1.02, which is 17 times FY07 and 12
times FY08?s earnings. This fair value represents around 55% upside from the
last closing price of S$0.660. Maintain
We revised up the net earnings for FY07 and FY08 to RMB 141BUY!Hi all,
Those whom hold this counter CHEER !!!.
BEST REGARDS.
Sihuan is indeed a promising share - with good potential for price increase.
It is announcing FY2006 And 1Q2007 Financial Statements before trading commences on 11 May 2007 (Friday).
I believe the result will be in line with analyst expectations, or even exceed it.
Cheers to those who accumulated this share. May have a second wave of buying after result announcement tomorrow.
This counter price shoot up too fast.
Open at 67c and suddenly shootup to 72c(highest today).
Any advise or any news for this counter.
Sihuan is moving up prior to 1Q profit announcement... looks promising
Hi ,all good luck to those who have this counter. huge fund managers are monitoring this counter.Also hear say
Temasek Hld is buying 15% to 20%.yet to be confirmed. Maybe mid of next month .!!! All are market talk.
Best of luck who hold thiscounter.
Let the stock find its bottom. The last bottom price should be around the lowest level (around 0.58) on the first trading day.
Any expert can advise at what price should i buy in some more and keep?
Ya... Any chances for this counter to recover?
The stock price seemed to trend downward. Some broking houses stated the stock is good with fair value target price of 0.91 with high growth potential. It is good to accumluate as the price go down comparable to the day the price being listed on the SGX.
bought 50 lots at average price of o.65
can hold or buy more at a lower price? Today close at 0.64
Should load up more tomorrow if it goes further down??
Uob asset, lehman, emirate and dubai has share in the company. I think they are buying slowly and holding on to the stock. This company has various type of medicines that can treat various sickness, another very very hugh market for their product is middle east.
this counter is moving, buy now!!!!!!!!