Post Reply
41-60 of 208
Got a feeling that, in the same period as Osim's rise. this one could do even better.
Say in 12 months - 2years. :)
Just some personal gut feel.
cannot be too far off from Zhijiang and Cosco. Venturing into oil rig related, investing in other ventures, mounting contracts. The writing is on the wall............. within a year. could be a multi bagger.
pellty ( Date: 01-Dec-2010 17:56) Posted:
|
can still buy in for JES ?
the last trade gap down from the high of 0.355. seems like many let go already.
Chiong!
| 08:20 | DowJones | DJ MARKET TALK: JES International May Gain On 6 Vessel Orders |
Why is it that this undervalued stock still don't receive any attention and much buy in after so much publicity?
Mr Jin xin said JES is going into Oil rig equipment and technology and not building Oil rigs.
The likely targets for Joint Venture or acquistions are like China Oilfield Technology Ltd or China Oilfield Services Ltd, Great Offshore Ltd ( from India) and Mermaid Maritime (Thailand) and many China private limited in subsea, oilfields and oil rig companies. They might follow the footsteps of YZJ in buying a controlling stake in a well- established firm.
There is an article on the straits Time today about Jes.
Going into building Oil Rigs.
Like Keppel ?
It is not very actively traded as compared to Yzj and Cosco.
It is still undervalued. JES is located in a vibrant location: Jiangsu where a lot of business activities are booming.
DBS Vickers just issue a Buy call with a target of 46 cents.
Improving profits.
See here for info :
http://moneycow.ws/forum/viewforum.php?f=14
Do share your stocks knowledge with this newbie forum:)
Thanks
http://moneycow.ws/forum/viewforum.php?f=15
gary88 ( Date: 03-Nov-2010 22:48) Posted:
|
SINGAPORE, 9 November 2010 – JES International Holdings Limited (“JES” or the“Group”) (JES 国际控股有限公司), a major PRC shipbuilder, said today that its net attributable profit for the July- September 2010 (“3Q2010”) soared to RMB 22.5 millionfrom RMB 1.6 million in 3Q2009.
Singapore Exchange Mainboard-listed JES, with capabilities to build a wide range ofvessels, said profit surge was achieved on the back of a 113.7% increase in revenue toRMB 641.0 million in 3Q2010 from RMB 300.0 million in 3Q2009, mainly due to more vessels in construction, with the increased capacities coming from the recentlycompleted new yard facilities.
In 3Q2010, the Group delivered two 37,500 deadweight tonnes (“DWT”) bulk carriers and one 79,800 DWT bulk carrier, as compared to 3Q2009 where shipbuilding operations were affected by slower production progress and delays in vessel deliveries.
JES reported gross profit margin of approximately 9.0% in 3Q2010.
Earnings per share rose to 1.93 RMB cents from 0.14 RMB cent for 3Q2009 (based on weighted average of 1,166,028,000 shares). Net asset value per share as at 30 September 2010 rose to 140.8 RMB cents from 138.6 RMB cents as at 31 December 2009.
For the nine months ended 30 September 2010 (“9M2010”), the Group recorded revenue and net attributable profit of RMB 1.5 billion and RMB 27.0 million, respectively, compared to RMB 980.1 million and a loss of RMB 43.9 million, respectively, in 9M2009
despite all the buying this morning..it's still hovering around $0.36. hmmm..
http://forum.channelnewsasia.com/viewtopic.php?p=4019154#4019154
Looks like it. Heading towards 46 cents target. slowly but surely and eventually. after that, see how. :)
gary88 ( Date: 03-Nov-2010 22:48) Posted:
|
JES BREAKOUT AT $0.38c
Those who bought, hold on tight.
Those who sold, buy on dips.
Those who never buy or sell, sit back, relax and watch the show.
yahooooooooo
Those who bought, hold on tight.
Those who sold, buy on dips.
Those who never buy or sell, sit back, relax and watch the show.
yahooooooooo
http://jesinternational.listedcompany.com/newsroom/JES021110.pdf
alexchia01 ( Date: 03-Nov-2010 15:40) Posted:
|
Today is a Good Day to Buy JES.
Business: Ship Building; In China.
Now Trading at $0.335
1. Price Bounded Off from the Gap Up Price of $0.30. A Strong Bullish Signal.
2. Price is still Below MA30 and Moving to Cross it. Crossing MA30 is the Bullish Territory.
3. MACD Lines are in the mist of reversing Upwards.
4. Stochastic already Crossed and still in the Oversold Region. This is a Good Time to Start Buying.
5. Revenue, Profit and Cash Flow all Increased for QoQ.
6. STI Turn Bullish 2 days ago. This is a Good Time to Buy.
Stop-Loss Below $0.330
Target Price: $0.370
More on my Blog at Alex Trades.
This is just my personal analysis. You invest at your own risk.
Good luck with your investing.