HanKore Env   

CORE holding for the next 8 years.

Agree with you, Share7. 5.5c is the next resistance before 6c and then 7.2c and all the way to 16c. May not clear the resistance without taking a pause but then who knows ? Getting difficult to read the next move of the 'invisible hands' .. Let's see how the market and the 'invisible hands' read the result tomorrow.

 

Slight improvements but fall short of what Memstar or UtdEnv achieves. The major push will still need to depend on BOA ML and the strategic options. Hopefully Mr Market likes the continues improvement and sustains the northward march to nav which has improved slightly. 

Lucky03      ( Date: 14-Feb-2013 22:05) Posted: In a way, it depends on how Hankore or the paper will report its 1H result. Focus on the 14% increase based 1H or highlight Q2 which will then present a much more positive picture of almost 300% jump albeit large part due to write back of RMB$20m in Q2. When it reported its Q1, it tried to tone down the drop by emphasizing less the write back of RMB$10m in Q1 FY2012, performance was largely comparable YOY. Share7      ( Date: 14-Feb-2013 21:00) Posted: Thanks Lucky03. HK's challenge is financing as the financial payment is high. Hopefully the asset sale in the form of trust or other forms will raise the needed cash for expansion projects lined up. BOA ML's strategic review will be highly anticipated, and subsequent announcements of expansion of existing projects or integrated projects. Interesting to see how market assess the 1H results

 

In a way, it depends on how Hankore or the paper will report its 1H result. Focus on the 14% increase based 1H or highlight Q2 which will then present a much more positive picture of almost 300% jump albeit large part due to write back of RMB$20m in Q2. When it reported its Q1, it tried to tone down the drop by emphasizing less the write back of RMB$10m in Q1 FY2012, performance was largely comparable YOY.

Share7      ( Date: 14-Feb-2013 21:00) Posted: Thanks Lucky03. HK's challenge is financing as the financial payment is high. Hopefully the asset sale in the form of trust or other forms will raise the needed cash for expansion projects lined up. BOA ML's strategic review will be highly anticipated, and subsequent announcements of expansion of existing projects or integrated projects. Interesting to see how market assess the 1H results. Lucky03      ( Date: 14-Feb-2013 20:18) Posted: One of the significant boost came from 'write back of impairment of intangible assets' of RMB$20m in Q2 while a similar write back of a smaller amount of RMB$10m was registered in Q1 FY2012. This is on top of improvement in positive operating profit 1H vs 1H FY2012. The significance of the write back reflects ability to turn previously deemed worthless asset written off into revenue generating asset again. That is part of operational efficiency and effectiveness and has longer term impact in terms of asset value and revenue base. May also have impact on the valuation of the overall asset and hence the ML assessment and recommendation.

 

Thanks Lucky03. HK's challenge is financing as the financial payment is high. Hopefully the asset sale in the form of trust or other forms will raise the needed cash for expansion projects lined up. BOA ML's strategic review will be highly anticipated, and subsequent announcements of expansion of existing projects or integrated projects. Interesting to see how market assess the 1H results.

Lucky03      ( Date: 14-Feb-2013 20:18) Posted: One of the significant boost came from 'write back of impairment of intangible assets' of RMB$20m in Q2 while a similar write back of a smaller amount of RMB$10m was registered in Q1 FY2012. This is on top of improvement in positive operating profit 1H vs 1H FY2012. The significance of the write back reflects ability to turn previously deemed worthless asset written off into revenue generating asset again. That is part of operational efficiency and effectiveness and has longer term impact in terms of asset value and revenue base. May also have impact on the valuation of the overall asset and hence the ML assessment and recommendation. Lucky03      ( Date: 14-Feb-2013 20:08) Posted: The 14% itself may not look impressive but if you analyze further, the result confirmed another quarter of positive operating profit amid improved operating cashflow. Besides, one may need to look back at Q1 to appreciate Q2 performance. Profit for Q1 was RMB$12.2m vs Q1 FY2012 of RMB$23.1m with positive operating cashflow of RMB$27.3m. The 1H of RMB$36.8m vs 1H FY2012 of RMB$32.3 with positive operating cashflow of RMB$47.4m. Taking out Q1 balance, Q2 profit was RMB$24.6m vs Q2 FY2012 of RMB$9.2m and net positive operating cashflow of RMB$20.1m. That looks not too bad.

 

One of the significant boost came from 'write back of impairment of intangible assets' of RMB$20m in Q2 while a similar write back of a smaller amount of RMB$10m was registered in Q1 FY2012. This is on top of improvement in positive operating profit 1H vs 1H FY2012. The significance of the write back reflects ability to turn previously deemed worthless asset written off into revenue generating asset again. That is part of operational efficiency and effectiveness and has longer term impact in terms of asset value and revenue base. May also have impact on the valuation of the overall asset and hence the ML assessment and recommendation.

Lucky03      ( Date: 14-Feb-2013 20:08) Posted: The 14% itself may not look impressive but if you analyze further, the result confirmed another quarter of positive operating profit amid improved operating cashflow. Besides, one may need to look back at Q1 to appreciate Q2 performance. Profit for Q1 was RMB$12.2m vs Q1 FY2012 of RMB$23.1m with positive operating cashflow of RMB$27.3m. The 1H of RMB$36.8m vs 1H FY2012 of RMB$32.3 with positive operating cashflow of RMB$47.4m. Taking out Q1 balance, Q2 profit was RMB$24.6m vs Q2 FY2012 of RMB$9.2m and net positive operating cashflow of RMB$20.1m. That looks not too bad.

 

The 14% itself may not look impressive but if you analyze further, the result confirmed another quarter of positive operating profit amid improved operating cashflow. Besides, one may need to look back at Q1 to appreciate Q2
performance. Profit for Q1 was RMB$12.2m vs Q1 FY2012 of RMB$23.1m with positive operating cashflow of RMB$27.3m. The 1H of RMB$36.8m vs 1H FY2012 of RMB$32.3 with positive operating cashflow of RMB$47.4m. Taking out Q1 balance, Q2 profit was RMB$24.6m vs Q2 FY2012 of RMB$9.2m and net positive operating cashflow of RMB$20.1m. That looks not too bad.

 

Thank you mrwise. Hankore 2Q out, +14%. Potential expansion phases lined up. Can wait for announcement while pending BOAML report. Huat to all.

mrwise      ( Date: 14-Feb-2013 11:15) Posted: Min $0.08 target price.... Consolidation in progress... Will rise anytime....watch out!! Share7      ( Date: 13-Feb-2013 20:46) Posted: mrwise, you are very chun. what is your target rise? Thank

 

No worries....

$$$ coming...

seanpent      ( Date: 14-Feb-2013 13:11) Posted: technically, yesterday this one already broke out of recent high of 5 cts with healthy volume ... let's see where it's heading now ... Bopanha      ( Date: 14-Feb-2013 12:40) Posted: Potential, very potential, but it is hard to tell when it will skyrocket. Cheers!

 

technically, yesterday this one already broke out of recent high of 5 cts with healthy volume ... let's see where it's heading now ...

Bopanha      ( Date: 14-Feb-2013 12:40) Posted: Potential, very potential, but it is hard to tell when it will skyrocket. Cheers!

 

Potential, very potential, but it is hard to tell when it will skyrocket. Cheers!

 

wow .... if 8 cts target means this one now even more laggard ???

 

Mr Wise

Fatt Fatt Fatt 8 8 8 like a snake moving moving .....

tks

 

mrwise      ( Date: 14-Feb-2013 11:15) Posted: Min $0.08 target price.... Consolidation in progress... Will rise anytime....watch out!! Share7      ( Date: 13-Feb-2013 20:46) Posted: mrwise, you are very chun. what is your target rise? Thank

 

Min $0.08 target price....

Consolidation in progress...

Will rise anytime....watch out!!

Share7      ( Date: 13-Feb-2013 20:46) Posted: mrwise, you are very chun. what is your target rise? Thanks mrwise      ( Date: 13-Feb-2013 12:20) Posted: More Rally to Come.... Catch the $$$ falling from the sky....

 

mrwise, you are very chun. what is your target rise? Thanks

mrwise      ( Date: 13-Feb-2013 12:20) Posted: More Rally to Come.... Catch the $$$ falling from the sky....

 

Mr Wise super 'Chun" ..next is what ?..big 'cheong' coming ?...Chinese water snake year ! Water Water water (Money) coming !

mrwise      ( Date: 12-Feb-2013 09:21) Posted: Big Run Up coming soon... watch out....!!

 

Hope there will be more rally like you said

mrwise      ( Date: 13-Feb-2013 12:20) Posted: More Rally to Come.... Catch the $$$ falling from the sky....

 

More Rally to Come....

Catch the $$$ falling from the sky....

 

teeth53 wish members A Happi n Prosperous Lunar CNY

 

Hopefully the Q2 results will be good. BOA ML rpt due soon?

 

Big Run Up coming soon...

watch out....!!