$ ChinaESave   

China Enersave

Too bad, all the wrong timimg. Kept back (v.busy o/t) from site work, a real miss, oredi get my Q (internet) on a buy (tikam tikam).

 

Rite on, me oso miss this chances to buy on d sport ,will try again, thk.

 

well, the correction put good opportunities to buy more cenersave at discount. can see there is strong support at 0.175 when it rebound to 0.18 at late buyback.

 

TA point of view, Stochastic Oscillator showing signs of a trend reversal- downtrending. If can hold above bottom lines of Bollinger Bands then good, price won't "down" that much. Chaikin showing a small sign of uptrending but A/D Lines flat.

 

A chemical firm in China will sell 1.3m tonnes a year of carbon credits by cutting emissions of potent greenhouse gas nitrous oxide (N20) from next year, a credit buyer said.



Tianji Coal Chemical Group, which is the largest producer of nitric acid in China, will sell the credits to carbon developer EcoSecurities and another unnamed organisation, EcoSecurities said in a statement.



EcoSecurities said it will provide the necessary funds and technology to invest in the emissions reductions in return for the credits. It said this was one of the largest projects to cut N20 in China, without naming the value of the deal, adding it had signed 21 such projects with China nitric acid plants this year.



Industry sources say carbon credits from projects under the Clean Development Mechanism (CDM) of the U.N. Kyoto Protocol, in which countries or firms can invest in emissions reductions overseas, have risen to be valued at around 12 euros a tonne.







N2O has 310 times the potency of carbon dioxide (CO2), blamed for global warming, making such projects to cut it attractive for investors in the growing carbon market.



Most of the 35 countries facing emissions caps under Kyoto -- which they must meet by 2012 -- are exceeding these and are expected to buy carbon credits to pull them back on track.



But analysts say cheap and easy projects to cut the most potent greenhouse gases are running out.

 

People may get to buy at 18c today if they are lucky enuf!

 

Typing error, is 90 milliom shares.

 

Hi Lowpeckkiyau, must thk for having the confindent to vest in Cnersave, mind U , is not for punting, for invesment. U can get ur due return in due time shortly with DBSVs supporting with 9() million shares vested, did
U read Savvysamyeo essential but vital comment??. thk Yahh...

 

vested liao 0.185 (20 lots) will buy more on  dip.

 

Up/down very nomal, at the very least, it has this opportunities for everyone rich or poor a chance to vest at a such low low price w/o lossing much sleep. The facts is seen, the truth is seem and can buy on dip and why i stated or committ price to 18c or even 18.5 cents as i try to buy on internet w/o much encouraging result, so merely interpreting the facts from a different vantage point of view. Let see how it price perform over days, weeks and months. Thk for ur TA point of view.

 

This one is on a downtrend now.

 

It originality idea is to energy save thus the C character is added to when it S'pore base CEO (Mr Koo), it senior managment and it team went to China to promote it energy saving business in a bigger way, this idea don work here be-co's of limited land space, however the idea of saving energy will work here when technology changes w/o having to use up land space (reserve technology flow). thus in it future. I again can foresee we may have a trading scheme here like the one that is happening in London.
On this notes. I strongly urged those connected to Trade and Industies Minister to setup a trading post (HUB) on ETS, CERs (Carbon Credit),  Another idea of my, anyone  interested ??? and S'pore will definately also can be one of the early beneficiary., it help all the way to make earth more greenery and less global warming..

 

Thank you teeth53 and savysamyeo for your constant update on this stock. Hmmm.... I will consider buying more if price dips using CPF instead since it is for long term.  My present holding is in cash.  Good luck to all vested.

 

Hi savvysamyeo,

Thk. Appreciated also to U for sharing info and tot on this not so new kind of business that Cnersave spoted rite on...and working on a conservative prices on it CERs (profit would be even higher), so rekon Cnersave is truly called China energy saver by using it re-cycle and unwanted materials and it full support from it various China Provincials goverment.

 

Prices remain very stable. This is one of the real reason why everyone have a real chance to vest in at prices where everyone can afford. Whether buy/sell or hold now or in later part. Cnersave prices is not one for pure speculation, it prices estimated to have climb from six months ago (before mid May06 crises) from about 13-13.5 cents to now at about 18-18.5 cents. Close to 40% in profit and still climbing... giving away cent dividend the last time when it earn a low of few million in profit. This time it earning should be some where in about 3 times  it last earning. I have real reason CNersave will get to where it want to be by year 2008, which is only 15 months away. A future stock with a true blue potiential by year 2010, which is 4 year away. I can said it clearly that those big boys vested in Cnersave has done their diligent hard work a little late but (it is still early day)never the rest. I am  sharing this info where i am vested. A vision and foresight which i had pick up long time back. I pick this CNersave stock as a sure winner now and even in later year, come what ever Crises weather is 911, financial, oil and whatever one can think off. 

Hohoho:)). I am very sure those big boys and even smallest boys/gals will thk me for sharing all this insight thought and all vested holders will be marching and smiling to the bank ($^_^$). Yahh.....

 

From TA point of view, it is going downtrend.

 

Hi teeth 53. Thanks for the info on CERs ( Carbon Credits) which Ceners has identified as a growth driver in her pioneering WTE projects in the PRC. Allow me to add to your comments . I think many people are underestimating the significance of these CERs in generating revenues for Ceners. Now that the developed nations like US are serious in capping carbon emissions the growth prospects for Ceners are greatly enhanced. Under the Kyoto Proctocol developed nations have to pay as much as US$300 - 400 per ton of CERs while less developed nations pays less about 10% of developed nations. Now Ceners are definitely into building and operating initially 3 biomass WTE plants in  PRC by 2008 and have agreements to build 20 plants post 2010. Each plant generates 150000 tons of Cers annually and they have already signed an agreement with Ecosecurities of UK a specialist trading house in CERs to help quantify and sell of their CERs. Now assumming a conservative selling price of US$ 100 per ton of CERs, each WTE will generate US$15million annually - therefore by 2008 ,above the sales of their converted clean energy to local enterprises Ceners is assured of a sustainable recurring income of US$45m by 2008, and when their 20 biomass plants are in operation we are talking of big time US$300million annually from sales of carbon units. Well like you said Ceners has the advantage and pickings of one of the early first movers . In fact for your info. one of our bigger investment houses DBS Vickers has recently taken a stake of 90 million shares in Ceners recently. We are vested and see that Ceners is going places in a focussed and rewarding manner. Good luck.

 

Morgan Stanley plan to invest S$4.7 billion into carbon trading market, including setting it own low-emission energy projects due to seven US North East states have already agreed  on a regional move to cap emissions from 2009. It investment bank moves just days before a British government report is expected to propose a huge expansion of it global market in trading permits for it carbon dioxide emissions, Said financial Times report Oct 28, 2006.
Cnersave is one of the very early beneficiary to all this trading markeet.

 

FYI: S'pore (XFN-ASIA) - China Enersave Ltd has agreed to sell Certified Emission Reductions (CERs), commonly known as carbon credits, generated by its bio-mass products to EcoSecurities Group PLC of the UK. 

 It did not say how many it would sell or how much it would sell them for, (sales will be kick in by year 2008). 

"Sale of CERs of its biomass projects is expected to create another significant revenue stream for the group, in addition to the plants' traditional cash flows from the sale of electricity and other by-products."

China Enersave said that each of the three biomass power plants it intends to build in China can create up to 150,000 tons-worth of CERs and each CER represents the equivalent of one tonne of carbon dioxide. They can be traded through the mechanism established by the Kyoto Protocol. 

"This has engendered an increasingly active carbon trading market and potential carbon revenues for developing countries such as China and India," China Enersave said.

 

Yahh.....If U care to take a good look, look at today Oct 28, 2006 Straits Times paper (Page 44 World News) Carbon emissions market set to boom, then U will know why i did long long ago is vested in China Enersave..Yahh...interested >>>read on....

1) 1st 9 months of the year, carbon market grew to US$21.47 billion, compared to just under US11 billion for the whole of last year 2005. Global market in carbon emissions has doubled to US$22 billion so far

2) All data show that the carbon market is fast becoming a powerful financial force supporting clean development.

3) According to estimates by World Bank, the biggest market could offer business opportunities to  the tune of about US$1,000 billion within five years of it action being agreed upon with.. EU.

4) Nearly US$19 billion is traded dominated by EU Emissions Trading Scheme (ETS) in it value. ETS is only launched beginning of last year to help member states meet it green house gas target emission and to tackle global warming.

5) last but not the list is it aim it encouragement of it industrial polluters to reduce their emissions. In exchange, they can sell any unsued quotas to companies that have surpassed their allownaces under the Kyoto  schemes (Clean Development Mechanism. CDM Asian market with 84% and China and India in the lead).