$ ChinaESave   

China Enersave

Allow me to share my observations. This stock is widely followed now and attracting a lot of institutional and lay interests for its vision and ability to establish itself in China successfully. In fact since mid Aug the stock has been on a rising trend with high vol. The fundamental point I like about this stock is that it is in the right industry at the right time ( WTE ) and  a first mover into these activities into PRC. Doubtless the working model is unique, focussed and sure. It's activities concurs well with the need of an energy hungry China which will sustain it for a long time while benefiting from it's clean environment thrusts. Being a S'porean co. one can be assurred of its corporate governance and S'pore branding. Indeed Ceners. is going places and surely. Like Chipchip we have accumulated a position between 16 and 18c and likely again if comes down to 18 c which we think there will be support by many long term holders. On a 2 years basis we think Ceners would be worth at twice as much based on their announced expansionary plans in PRC.

 

Hi cashiertan, i will be loading more when it goes lower!BTW, are u driving a Chev?

 

fear not chipchip. today cenersave close at 14dma. if it did not breach, than it is time to load more!

 

i guess everyone is disappointed it did not breach 20c resistance today. The selling vol is just too much that flattened the buying interest. I hav a feeling it will drop back to 18.5c.  Anyway, it is a matter of time to hit T53's tp! patience.......

 

too many stale bulls ard 0.205 so even bulldozer cannot move elephant in the centre.

 

i doubt it will move up..

looks like its on the downward trend...

more dumping...dump now while u still can..

 

T53, so u sink your teeth into it and bite as hard as possible, still holding? me small invest in order to follow this new wonder. Chart wise looks hard to crack 0.205.

 

Hi Compass, Can buy your Lexus now!

no thank Q and thank for ur support yah...Me tompang big boy (piggy back oni)

 

(NON-INTEREST) BEARING CONVERTIBLE NOTES DUE 2011. This is how big boys earn $$$.. $0.225c coming sooner then later Yahhhh..hoo liao. may go for another $$$ gainer again and aGAIN Humm......TP px $0.26c recommendation (DBSV's)

 

$0.225 here we come.

 

 annnotes5thsubtranchenote5final.pdf, pls see attached notes:

S$30,000,000 (IN SIX EQUAL TRANCHES) OF UNSECURED NON-INTEREST BEARING CONVERTIBLE NOTES DUE 2011 OF A PRINCIPAL AMOUNT OF S$5,000,000 PER TRANCHE (the "NOTES").

Value Capital has exercised $950,000 to convert d following sub-tranches of tranche 5 notes at floating conversion price of $0.1521 per share (rate is base on between 18-22 Sept 2006 prices). This leave an outstanding balance amount $50,000 in respect of fifth sun-tranche. Todate the total loan to converted in the capital of company (Enersave) is S24,950,000.

 

UPDATED TIME	BUY	SELL	LAST DONE	CHANGE	PERCENT	VOLUME	VOL CHANGE
17:05:03	0.195	0.200	0.200	+0.010	+5.26%	55127	1190

Maybe wait a little longer, tikam tikam QQ at 19.5c can get liao.

 

tomorrow will probably have more upside bcos people startted to buy at 20c very late to trading close. Momentum should continue tomorrow and also with dbs recommendation of 26c, there will be good a good cause to hold and wait somemore..

 

those who still think that ppl are dumping at 0.195 and 0.2 are damn right! however, guess who are those buying from those ppl selling? with placement at 0.165, the price need to rise to at least 0.225 for it to be worth dumping.. 

 

vested 60 lots at average price of 0.185. i believe in its biz model and long term growth. will be very happy to keep it long long.

pay good dividend and have low low risk but high profit margin biz.. hard to find..

 

Hi Jessie, got another 2 lots for my Mrs. (Plastoform-keeping for next few days)

 

Tink tink can buy it at lower prices isit??. Dumping or changing hands. 

CEnerSave

0.200

+0.010

+5.3

55,127

When it come, will come, miminum supprot px seem at $0.195 c.

 

think many pple dumping the share @ 19.5 and 20c..

movement should go down

 

think many pple dumping the share @ 19.5 and 20c..

movement should go down

 

never seen this before, volume so huge yet hardly move...must be an elephant sitting in the centre!