
I already lelong my CenerSave last week. Shift to Magnus

teeth53, if you have capital, keep Magnus ...

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desertmoon |
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Profit B4 tax & Net Profit attributable to equity holders. Grp reported a S$6.1mil in profit for FY2006 compare to S$0.6mil for FY2005. After tax S$0.4mil and minority interest of S$1.39mil into a/c. The Grp reported a 333% increases in net profit attributable to equity holders to S$4.8 mil for FY2006. Grp net asset Value increases from FY05 (0.16c) to FY06 (0.20c)
S&P has a 12 mths target of 0.29c
100MW power plant will generate US$500million in revenue per year, so a 24MW power plant will generate US$120million in revenue per year. Cenersave has also bot 49% more,bringing it to 100% own Yima plant.
http://www.enersavegroup.com/webtop/ This will give China Enersave more a 500% boost in profit revenue.
- HuizFull Year Financial Statement and Dividend Announcement - FY2006 (6 Feb 07)
- Huizhou Richway Waste-to-Energy Plant Commences Commercial Operations (01 Nov 06)
- China Enersave Signs Carbon Sales Agreement with Ecosecurities (25 Sep 06)
Quotefrom Rowsley forum:
"A 100MW power plant will generate US$500million in revenue per year. This is based on industry average selling price for power which range from US$5m to US$6m per MW per year".
focusy | Posted: 07-Feb-2007 | ||||
source: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E2BAB32EED8F6BB14825727A00401ED2/$file/ChinaEnersaveFinancialResults2006final.pdf?openelement A 100MW power plant will generate US$500million in revenue per year, so a 24MW power plant will generate US$120million in revenue per year. This will definately made CEnersave been given a big boost in it earning, so is d share PE Ratio. |
I have been holding .195 for more then 6 months....gggrrrr

yet it still dropping even report turn out to be good.
All resolution been approved..


(1) In the case of on-mkt, 5% above average mkt closing price over last 5 trading days.

(2) In the case of off-mkt, 20% above average mkt closing price over last 5 trading days.

Time | Last | Volume | Bid/Ask |
17:05:02 | 0.185 | 180,000 | A |
16:59:45 | 0.185 | 35,000 | A |
16:56:03 | 0.185 | 100,000 | A |
16:52:42 | 0.185 | 100,000 | A |
16:30:44 | 0.185 | 50,000 | A |
16:29:07 | 0.185 | 30,000 | A |
16:26:18 | 0.185 | 40,000 | A |
16:25:46 | 0.185 | 50,000 | A |
16:21:03 | 0.185 | 35,000 | B |
16:12:40 | 0.185 | 10,000 | B |
16:12:19 | 0.185 | 35,000 | B |
16:11:16 | 0.185 | 20,000 | A |
16:06:47 | 0.185 | 20,000 | B |
15:55:06 | 0.185 | 40,000 | B |
15:44:41 | 0.185 | 60,000 | A |
15:38:27 | 0.185 | 40,000 | A |
15:35:08 | 0.185 | 20,000 | B |
15:29:49 | 0.185 | 50,000 | B |
15:24:21 | 0.185 | 70,000 | A |
15:21:18 | 0.185 | 10,000 | A |
15:18:31 | 0.185 | 85,000 | B |
15:18:07 | 0.185 | 100,000 | B |
15:13:52 | 0.185 | 30,000 | B |
14:52:12 | 0.185 | 5,000 | A |
14:50:46 | 0.185 | 45,000 | B |
14:47:51 | 0.185 | 100,000 | B |
14:47:30 | 0.185 | 1,000,000 | B |
Found strong support from small and BBs for today, closed at 0.185c
Traded Summary:
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.185 | 69 | 4,618,000 | 3,264,000 | 0 | 1,354,000 |
0.190 | 2 | 54,000 | 0 | 0 | 54,000 |
TOTAL | 71 | 4,672,000 | 3,264,000 | 0 | 1,408,000 |
Proposed Acquisition of 49% interest in Yima Jinjiang Energy ComprehensiveUtilisation Co Ltd.



pressrelease.pdf (FYI)
"A strategic move by the Group to reinforce its position within Energy Industry in China while seeking to built it renewal WTE plant which would place the group in stronger position to tap more opportunities offer by the ever increasing power needs of China growing Economy."
well flag formation during these weeks, so means have to wait during this consolidation period, support at 19cents broken so need to see which level of suppoort it will continue to fall..
long term player may choose to load up more.. short term player best cut loss.. next support is 16.5cents..

This company going forward into future earnings is very stable till year 2032, plus Carbon Credit Sales, starting in year 2008, will be prompting not oni small players, but oso BBs showing more interest in CEnersave growth...Yima JinJiang owns and operates a coal-fired power plant with a capacity of 270 MW (2x135 MW generators). It business license granted for operating this power plant is for 30 years till year 2032.

It closed (Fri) 0.185cts (-0.0050ct), vol 12,558,000 mil traded.

See Item 3.3, (Stand & Poor has a price target of $0.29 cents)
Effect on Earnings per share, (almost double it earnings)

Assuming that the Proposed Acquisition has been effective on Jan 1, 2006. The effects of the Proposed Aquisition on the consolidated earnings per share of the company for the financial year ended Dec 31, 2006. are as follow:
B4 Aquisition & after Aquisition
Earning aft tax & minority interest 4,764,000 9,577,000
Nos of share outstanding 991,013,000 991,013,000
Earnings Per Share (S$/Cents) S$0.49 S$0.97
http://www.euromoneyenergy.com/default.asp?Page=13&eventid=ECK159 (FYI)

Renewable Energy Finance Forum - Asia Grand Hyatt, Singapore
Day 1 - Monday, 21 May 2007
08:00 Registration and morning refreshments
PROJECT FINANCE CASE STUDY PANEL: BIOENERGY
14:15 hours
Bioenergy, including biomass CHP, biogas or waste to energy holds enormous growth potential. However, given complex feedstock logistics and supply challenges, technology gaps and the small scale of projects, access to finance may still prove to be challenging. The panel will explain successful case studies from India, China and South East Asia and will
explore the outlook for non-recourse finance, possible bundling and fund structures as well as the assessment and discounting of carbon value in bioenergy projects.
Chair: Chris Razckowski, CEO, Azure International
Speakers:
Tay Wee Kwang, Director Business Development, China EnerSave
Anna Briggs, Group Commercial Manager, Bronzeoak
M.L. Chanaphun Kridakorn, CEO, AT Biopower
Martin Kruska, Head of CDM/JI, 3C Climate Change Consulting
15:45 hours, Networking Break
Proposed Acquisition of 49% interest in Yima Jinjiang Energy ComprehensiveUtilisation Co Ltd.



pressrelease.pdf
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Today Non BBs is showing real support for CEner..

Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.190 | 57 | 3,812,000 | 2,875,000 | 0 | 937,000 |
0.195 | 32 | 581,000 | 150,000 | 0 | 431,000 |
0.205 | 1 | 100,000 | 0 | 100,000 | 0 |
TOTAL | 90 | 4,493,000 | 3,025,000 | 100,000 | 1,368,000 |
But it has be sleeping for sometime and keep staying at .19 and .195
wonder when will they awake
