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all time high today, beware and manage ur profit
Beautiful ?
She got many water ?
???
If we go according to Kevin scully talk on NEXTINSIGHT about the potential upside on this stock.
The NAV should be around .12 Now only .044
focusy ( Date: 16-Aug-2011 11:23) Posted:
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I vested . Memstar got alot of upside.
Kevin Scully hinting that Memstar a bit pricey: MEMSTAR: Another target for private equity investors?
0.044 now. next wall at 0.045
Finally break through the stubborn 0.43... now all the way up
Many people enjoy intricate and detailed analysisof things...
But for stocks, all such efforts are of no practical value,
since stock prices and movements are caused by mass
sentiment, which has little to do with stock fundamentals per se.
A single piece of news or rumour can send a stock with
superb fundamentals dropping drastically, or send a
stock with unknown fundamentals soaring up the sky...
Action must back-up analysis...especially it is a money making opportunity.
RachelG ( Date: 15-Aug-2011 16:28) Posted:
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Thanks for the advice.Dunno how people like you can analyse so many info at the same time. Blurr..
urbuhcss ( Date: 15-Aug-2011 15:57) Posted:
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Looking at the recent companies in similar industries, there are good reasons for special interest in this company due to rcent development in other similar companies like United Envirotech and sinomem.
United Envirotech announced that it has entered into an agreement with KKR to issue the latter US$113mn in Convertible Bonds with an annual coupon of 2.5% for five years.
KKR can convert this CB into United Envirotech shares at S$0.45 per share. If the CB is fully converted, KKR will become the single largest shareholder of United Envirotech at 38.4%.
I then thought of Sinomem which was recently privatised with an offer of S$0.70 per share when its NAV was S$0.53 per share, ie a premium to NAV of 32%. In the case of United Envirotech, the conversion premium if KKR decides to convert is about 50% to its NAV of $0.30. So we have a range of 30-50%.
If it does happen with Memstar then investors should be looking at a similar premium if they use the premium to NAV method. The price could also be determined using a notional PER - based on historic data - Sinomem's PER was 12.9 (according to Bloomberg) at S$0.70 and for United Envirotech the notional PER at $0.45 would be 11.3.
Besides your industry is likely to be recession resistant and in a rapidly growing country. Good luck.
Can invest in this share? why are so many people buying when the dividend not that great?
Two days ago, the low was .039...
francisd ( Date: 01-Aug-2011 15:36) Posted:
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10%?? Last yr's div only SGD 0.0004, works out to be 1% based on price SGD 0.04.
RachelG ( Date: 12-Aug-2011 09:29) Posted:
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Memstar 10% dividend yield now with the recent drop. buy?
Today gone upto 20% now @ .046.
Cheers.
BUY LOW SELL HIGH- Right now close to 52 low., come to collect money next month when the results are announced.
Cheers.
Memstar Technology Ltd announced that it has signed a concession agreement for a Transfer-Operate-Transfer (“TOT”) Project with Nanpu Economic Development Zone Management Committee to acquire, upgrade and operate the centralised wastewater treatment and recycling plant in Nanpu Economic Development Zone at Tangshan City , Hebei Province, China . Under the terms of the TOT agreement, the Company will acquire an existing 80,000 m3/day wastewater treatment plant and a 40,000 m3/day wastewater recycling plant, upgrade the plants and operate them over the concession period of 30 years. The total investment of the project is approximately RMB280 million. |
/sgx/ |
hi
any experts here can tell me whats the TP of this stock. Thanks :)
NAV RMB 13.69 cts = approx 2.7cts(sing)...how to pay the 4cts .they just do not have that amount of cash leh....hehehe......