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uob target price conservative: S$0.78
Mine is purely a technical short-term trade. Siince there appears to be quite a 'robust' virtual floor for Centrillion's price, I am still holding it for a possible quickie exit anytime now. Anyway, thnx for the advice.
Also,
Potenial listing of its 65% subsidiary on SGX Mainboard.
E-Hub announced in March 2006 that it has begun due process to list HLS Electronics as a public company... [vested opinion; caveat emptor]
http://research.uobkayhian.com
ipunter, why don't put ur $$ into a counter that you hope will pull up that 'another' coz' tat sentence already shows you believe in it?
With the demand of copper (even semi-conductor are using copper to replace aluminium for more advance manufacturing technology) and inventories shortfall, over long term (holding period >12months) it is a good company.
I hope it will pull Centrillion up as well since it's the same group.
just the same case of ADV-SCT
after breakout of all time high. It will enter no man island and scale new height. Side by side rallying closely with ADVSCT.
Soon will see it reach 0.78 called by UOB
after breakout of all time high. It will enter no man island and scale new height. Side by side rallying closely with ADVSCT.
Soon will see it reach 0.78 called by UOB
It rose to a seven-year high of after announcing that it had fully acquired electronics waste recycler Cimelia Resource Recovery Pte Ltd.
Enviro-Hub said on Wednesday that it had bought the remaining 36.3% of shares it did not own in its subsidiary Cimelia from various shareholders.
Wahh...spend $$$ liao, then later make more $, think tink this coy will make more to compete head on with competitor humm...In future Enviro-Hub may worth more, so some....may find px a little insensitiveas px oredi run up liao.
Singapore-listed Enviro-Hub to buy rest of unit Cimelia for 58.08 mln sgd
SINGAPORE (XFN-ASIA) - Enviro-Hub Holdings (formerly Leong Hin Holdings Ltd) has agreed to buy the 36.3 pct of electronics waste recycler Cimelia Resource Recovery Pte Ltd that it does not own for 58.08 mln shares in an all-share deal, Enviro-Hub said.
The deal will make Cimelia a wholly-owned subsidiary of Enviro-Hub, enabling the group to consolidate and integrate its electronics recycling business to achieve operational synergies, greater economies of scale and eliminate third-party transactions, Enviro-Hub said.
Enviro-Hub said it would issue 138 mln new shares at 0.422 sgd each to the other shareholders in Cimelia.
Separately, Enviro-Hub said one of its substantial shareholders, Raymond Ng, had agreed to buy 40 mln more Enviro-Hub shares from one of the shareholders in Cimelia for the same price.
Ng's purchase of more Enviro-Hub shares is meant to keep his shareholding above 30 pct after the new shares are issued, but this is subject to Ng being exempted from making a takeover bid for the rest of Enviro-Hub.
Enviro-Hub is suspended from trading today. It last traded Friday, when it closed 0.015 sgd lower at 0.465.
SINGAPORE (XFN-ASIA) - Enviro-Hub Holdings (formerly Leong Hin Holdings Ltd) has agreed to buy the 36.3 pct of electronics waste recycler Cimelia Resource Recovery Pte Ltd that it does not own for 58.08 mln shares in an all-share deal, Enviro-Hub said.
The deal will make Cimelia a wholly-owned subsidiary of Enviro-Hub, enabling the group to consolidate and integrate its electronics recycling business to achieve operational synergies, greater economies of scale and eliminate third-party transactions, Enviro-Hub said.
Enviro-Hub said it would issue 138 mln new shares at 0.422 sgd each to the other shareholders in Cimelia.
Separately, Enviro-Hub said one of its substantial shareholders, Raymond Ng, had agreed to buy 40 mln more Enviro-Hub shares from one of the shareholders in Cimelia for the same price.
Ng's purchase of more Enviro-Hub shares is meant to keep his shareholding above 30 pct after the new shares are issued, but this is subject to Ng being exempted from making a takeover bid for the rest of Enviro-Hub.
Enviro-Hub is suspended from trading today. It last traded Friday, when it closed 0.015 sgd lower at 0.465.
Rose on talks that it won a recycling contract from some American customers. There was another talk that it may have been involved in helping sony with its worldwide batteries recall.
Hinting did come, maybe ppl don or keen in it..till Aiyah.... too late liao.
Enviro-Hub going still v.strong, closed of 45c +0.050c on vol 14.89mil changed hands.
This counter is more solid and promising that competitor centillion. It has tha advantage of first mover plus experience.
Future should be bright after the completon of placement at $0.37 to BB
I lagi siong as I did not going in at all. What a waste!!
should have bought at weakeness when it was at 0.3 something.
Completed placement. It has new shareholders from US, Mideast and S'pore.
Proposed a private placement of up to 55,000,000 new shares at $0.37. Investors have been attracted to recycling firms and sources said the placement was snapped up by institutions, a dealer quipped.
Good morning, elizlow. You're welcome.
Good morning Nostradamus Sir, thanks for yr advice. God bless.
Hi elizlow,
Resistance around $0.44. Interest in the stock likely from stake sale in peer Union Steel.