
Hi CashierTan, Just my tot.Yahh...
Well, any two day left. A few big BBs has taken the initiative to make it happened last Friday, Yesterday and Today. Prices resistance 195c to 20 cents is touch and go, sort of tug of war here between those pessimists who wish to take profit and those optimism who wishes to either cut lost or hang on for better day to come.
Above 20 cents ???. Look like 20 cents need strong finishing to made it happen. Let hope it does, so everybody can be JJJJ :)
DBSVs Research has a target price at $0.26c (12 months) base on it current earning and after visiting those plant 1st hand. It also reported a 3.8 mil in profit. (may have dividend to collect, just my guess).
My own outlook is progressively over next 6 to 12 months, it can shown this stock will be positively enhanced it profit as well. I base it on strong support by China Provincials government green environment programs, on it electricity rate charges to industries and retail consumers, Even waste fertilizers is also profitable, nearer to end 07 and starting 2008 (Olympic year). it is going to sell it carbon credit too, bringing in alot more cash to invester pocket, esp those vested BBs.
Thing's that can make thing happen is a matter of when it 2nd plant can be up and running. So a matter of how fast $$$ can be pump into making it happen. Oni those big vested boys know, meanwhile?Good luck to those who bot at lower price and those who bot at higher price, just wishes U all happy trading.
Please read recently posted fine lines and U will decide your monies..(buy/sell or hold)
Has profit, take some profit and leave some for other.
FYI: not an inducment to trade, if must, trade within your mean to hold.
From yesterday my observation, my feeling is that a big boy (maybe institutional investor) tried to collect this counter. So they put a large order to sell to prevent the price go up, then they can buy at low price. If my feeling is wrong, than how to explain why the price still rises up from last friday with a large volume even though the break up resistance is so high.
I have noticed that their directors kept on buying this counter. No director sold until today. That is the hints there.
teeth, u got any info?
now doesnt look good leh.. 018 too strong to break..
wah ur fren power leh. 1000 lots = 175k
but why will it chiong when ur fren buy 1000 lots?
my
Notes: For your information, not intended for the purpose of trading.
Tan Choon Wee. (
His current appointment: (look like this director can bring in some luck lehh J:)
Sun Business Network Ltd- Non-Exe Director
Advance Capital Partners Pte Ltd - Director
Energy Capital Partners Limited ? Director
With due deligent and respite, It won?t be wrong for board of directors to bring in a Non-Executive Director be?cos he has some kind of expertise in dealing with energy, that's why he's in... Hope he can bring more value to the company. Certainly he does?.A positive and immediate price of sudden increases to?.???
A focal / focus year for yr 2007.
Estimate Net profit Target Prices 2 time it profit (2 x 26 =52 cts).
Estimate Net profit Target Prices 3 time it profit (3 x 26 =78 cts).
Will it price it range from $0.26c to ($0.52c - $0.78 cts). Izit Possible ??. (Need to break through 19c / 20c with strong volume. Just my tot Yahh?J :).
By DBS Vickers Research and news from ST
Forecasts from DBS Research Group Net profit is at 3.8mil.
Price Target: 12-Month S$ 0.26 (old news).
Story lines:
DBS Vickers Research at one time. If I can remember Long Cheer, not much is interested in it after DBS made a buy call. Now it is traded at $1.21 cents. Capital appreciation of 163.04% or $0.75 cents above it IPO price of $0.46.
http://info.sgx.com/webipo.nsf/revamp+new+ipo+performance+all/11626
Performance of Initial Public Offerings (IPOs)
Market
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SESDAQ
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Date of Listing
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Offer Price
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SGD0.35
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1st Day Closing Price
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SGD0.580
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1st Day Closing Price against Offer Price
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Premium/(Discount)
SGD0.230/Premium plus 65.71%
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Closing Price as at 2006-12-26
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SGD0.17
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Link to Internet Website
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http://www.google.com/finance?cid=690528
http://www.chinadaily.com.cn/bizchina/2006-12/02/content_748869.htm
"(This year's) earnings growth is expected to be driven by contributions from the 51 pct acquisition of Yima and its 23% ownership of AMIGOS," DBSV analyst Weng Soon Tan said in a note. "Industry prospects remain bright for biomass projects given government incentives such as premium tariff rates, stable demand from power grids, as well as loan and tax incentives," Weng said. When will the figures kick in on carbon credits.? (Yr 2008-Olympic yr) China
DBSV was referring to Yima Jinjiang Energy Comprehensive Utilization Co, which owns and operates a 270 MW coal-fired power plant in. China Enersave has successfully bot a 51% stake in Yima for US$45m. China
AMIGOS refers to Amanda Maintenance, Industrial, General & Offshore Services Co Ltd, a unit of Amanda Industries Pte Ltd (AIPL) in which China Enersave has a 23% stake.
20061225exerciseofcalloption.pdf, PROPOSED ACQUISITION OF AN ADDITIONAL 28% STAKE IN AMANDA INDUSTRIES PTE LTD). This company is also quite sophisticated in taking advantage of the carbon unit trading with international trading houses. There R big funds been given a mandate, they will buy within a range. We have noted increased fund participations, this counter is seriously for the mid to longer term investers.
Immediately and contribution of earning will come from it Yima JinJiang plants (coal fried Power Plant), Huizhou WTE plant (), From Vietnam Amada and it subsidairy Amigos. China
Huizhou WTE is own and operated by China Cnersave which will be connected to the state grid electricity main line in turn will supplies to consumers. Cnersave is just doing exactly what is National Bio Energy Co Ltd. Subsidiary of state Grid Corp of china, which is in charge of the power grid covering northern, or the areas to the north of the China Yangtze River .
FYI Only: Not an inducement to trade (buy/sell or hold)
Hopefully the fund managers and big boys who have accumulated earlier on decide to push the price up.
target price of 26 cents? wow.. very tempted.. at the price now of 0.165
PROPOSED ACQUISITION OF AN ADDITIONAL 28% STAKE IN AMANDA INDUSTRIES PTE LTD
Get ready to cheong...
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_71086E666D626C684825724F0034EDED/$file/20061225exerciseofcalloption.pdf?openelement
Thk Zhuge_liang, keep it up.Yahh....wishes U can contribute more... Prices may due to...see below, plus alot of other factors. X'mas celebration, new year 2007 and CNY coming....plus, plus alot..like year end book closing, window cosing and so oooon..
and this
Date of Appointment *
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Name *
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Tan Choon Wee
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Age *
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40
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Job Title
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Non-Executive Director
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Present (Director)
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Working experience and occupation(s) during the past 10 years *
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Footnotes
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FYI: Not an inducement to trade. If must (buy/sell or hold) within your mean. Yahh..
It jumped on hopes that the firm will report robust full-year earnings for 2006.
DBS Vickers analyst Weng Soon Tan said in a client note that the company's earnings are likely to be buoyed by its two acquisitions of an engineering firm and a coal-fired plant in 2006.
He expects China EnerSave's 2006 full-year results to more than triple to $3.8 million.
"The 2007 financial year will be a focal year, where associate, subsidiary and waste-to-energy contributions should increase, and we look for more biomass contracts being awarded," Weng said.
DBS has a "buy" rating with a price target of $0.26.
Nothing new here, similar to a previous report.