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Hope this week, UFS can try break its 52 week high @0.31cts.
2006 profits - US$2,495 millions base mainly from Construction business + OMA with PT KK. 
Come 2007, SG Construction boom + OMA with PT Kiani Kertas + New wood chips mills + US$45 millions = ?????
Hashim said
"He said the company also has repaid the debt to United Fiber System of Singapore so that the debt pressure has been lighter. UFS has disbursed US$45 million to help Kiani Kertas. "We have repaid the debt to IFS." "
Come 2007, SG Construction boom + OMA with PT Kiani Kertas + New wood chips mills + US$45 millions = ?????
Hashim said
"He said the company also has repaid the debt to United Fiber System of Singapore so that the debt pressure has been lighter. UFS has disbursed US$45 million to help Kiani Kertas. "We have repaid the debt to IFS." "
Now 0.30 vs 0.305cts.
Slow and steady will win the race !
Fyi, I bought in more shares @0.295cts yesterday.
If you got a $20 millions profits company coming up, will you not jump in the speed train wagon.
i saw lots of accumulation at 0.3 the past days... Are "they" out for something huge? 
|
Beetle wood could fuel ethanol plant (News) Thursday, 21 June 2007, 02:00 PST |
|
| by MARK NIELSEN Citizen staff | |
|
Producing ethanol out of beetle-killed wood could be part of the future for pulp and paper mills, according to a UNBC environmental engineering professor. Stephen Helle, who gave a presentation on his research findings Wednesday during a seminar at UNBC, says a stand-alone ethanol plant is not viable because the process for breaking down so-called "grey" pine struck by the beetle is too expensive. But he suggests ethanol production may still be a worthwhile sideline for kraft pulp mills. There is one major hurdle. Helle estimates the technology needed to carry out the process costs $80 million, but he believes the abundance of low-cost beetle-killed pine in the Prince George region may make the venture feasible. In addition to water, wood is made up of three basic components -- cellulose, hemicellulose and lignum. It just so happens that the two basic ingredients for wood-based ethanol, hemicellulose and lignum are largely discarded while cellulose is extracted for the paper-making process. Helle is proposing to take some of the hemicellulose and lignum out of the wood chips before they are turned into paper. "This won't necessarily affect the number of chips that a pulp mill needs," he said. "They'll still have the same amount of cellulose, we're just taking something that gets destroyed in the pulping process and making that into ethanol," he said. Tembec's sulfite-based pulp mill in Temiskaming, Quebec produces 18 million litres of ethanol per year from its pulping discharge. It's now the second-largest producer of industrial alcohol in Canada and most vinegar and related pickle products sold in Eastern Canada are produced from Tembec's ethanol. But the sulfite process cannot produce pulp from pine while using kraft mills to make ethanol would be breaking new ground. Asked how receptive pulp and paper mills have been, Helle said he's received mixed reviews. "The mill in Quebec is very proactive and they want to produce as many different products as possible," Helle said. "But the problem with ethanol is it's a very low value, and the people I've been talking to recently have been saying the pulp mills haven't been doing so well these days and they don't want to invest projects that take a long time to pay back. "But with the right incentives and maybe pilot trials that worked really well ... there is growing interest at least in the pulping industry as a whole in diversifying the product line." Helle's researched involved comparing two processes for breaking down beetle-killed pine into the sugars that are then distilled into ethanol -- one involving naturally-occurring enzymes and the other using acid at a high temperature. He concluded that the acid process is more feasible although the necessary equipment is still very expensive -- to the tune of $80 million. It would allow a facility that processes 500 tonnes of wood chips per day to produce up to 70 million litres of ethanol per year by Helle's calculations. He asserts producing ethanol from beetle-killed wood is far superior to making it out of corn. An acre of corn can yield 1,135 litres, while an acre of pine produces 10,000 litres although that number declines as the dead trees continue to decompose. Asked about the fact that it takes 80 years for a pine tree to grow, Helle countered that source material is essentially the waste products from sawmills. "You don't actually have to go out and harvest additional wood," he said. |
UFS dream of completing their next 600,000 tonnes bleached hardwood kraft pulp mill in South Kalimantan is coming true soon in 2009.
It also mean that UFS has also secured the US$863 millions money from CMEC to build the pulps mill.
This young well capable CEO is indeed pushing full steam ahead for UFS dream to be world pulps producer.
Appointment of Pulp Mill Project Director
Description The Board of Directors of United Fiber System Limited ("Unifiber" or "the Company") is pleased to announce that the Company has appointed Mr Johansson Lars Ingemar as Project Director of the Company with effect from 2 July 2007. Mr Johansson, whilst not a member of the Board, will be an important senior management personnel in charge of the Company's [b][u]greenfield pulp mill project, undertaken by its fully owned subsidiary PT Marga Buana Bumi Mulia ("MBBM") in Indonesia.[/u][/b]
Mr Jaka Prasetya, CEO of Unifiber, said "Lars brings to the Company invaluable knowledge and experience in managing world-scale pulp mill projects. I strongly believe that he is an excellent addition to the management team and he will be instrumental in ensuring the successful completion of our strategic MBBM project. I warmly welcome him to the Unifiber family."
Mr Johansson said, "I am extremely pleased to join the Unifiber family. I have followed the MBBM project since its conception and I fully share the belief that Unifiber has what it takes to successfully complete the project."
Prior to joining the Company, Mr Johansson was the President ? Project Supervisor & Manager of Pulp & Paper Projects in Pöyry, a global consulting and engineering company listed on the Helsinki Stock Exchange. Mr Johansson had been with Pöyry for over twenty years and was principally involved in the implementation of numerous pulp and paper projects in Europe and Asia. He is familiar with Indonesia as he was based in Jakarta from the period of 1994 to 2003. During the engagement, he handled various projects for a number of major pulp & paper companies in Indonesia, Thailand, Malaysia and the Philippines.
By order of the Board
Jaka Prasetya
Chief Executive Officer
3 July 2007
It also mean that UFS has also secured the US$863 millions money from CMEC to build the pulps mill.
This young well capable CEO is indeed pushing full steam ahead for UFS dream to be world pulps producer.
Appointment of Pulp Mill Project Director
Description The Board of Directors of United Fiber System Limited ("Unifiber" or "the Company") is pleased to announce that the Company has appointed Mr Johansson Lars Ingemar as Project Director of the Company with effect from 2 July 2007. Mr Johansson, whilst not a member of the Board, will be an important senior management personnel in charge of the Company's [b][u]greenfield pulp mill project, undertaken by its fully owned subsidiary PT Marga Buana Bumi Mulia ("MBBM") in Indonesia.[/u][/b]
Mr Jaka Prasetya, CEO of Unifiber, said "Lars brings to the Company invaluable knowledge and experience in managing world-scale pulp mill projects. I strongly believe that he is an excellent addition to the management team and he will be instrumental in ensuring the successful completion of our strategic MBBM project. I warmly welcome him to the Unifiber family."
Mr Johansson said, "I am extremely pleased to join the Unifiber family. I have followed the MBBM project since its conception and I fully share the belief that Unifiber has what it takes to successfully complete the project."
Prior to joining the Company, Mr Johansson was the President ? Project Supervisor & Manager of Pulp & Paper Projects in Pöyry, a global consulting and engineering company listed on the Helsinki Stock Exchange. Mr Johansson had been with Pöyry for over twenty years and was principally involved in the implementation of numerous pulp and paper projects in Europe and Asia. He is familiar with Indonesia as he was based in Jakarta from the period of 1994 to 2003. During the engagement, he handled various projects for a number of major pulp & paper companies in Indonesia, Thailand, Malaysia and the Philippines.
By order of the Board
Jaka Prasetya
Chief Executive Officer
3 July 2007
Put Unifiber on your radar screen.
Watch the breakout @0.30cts this week.
Is a convincing to diversify to add up it rev' and still playing apart in construstion boomsss... X Poh Lian
Who can made Married Deal last min' broking house?
Let hope this week, it can break 0.30cts with conviction.
Is boiling again. Gd luck!!
Just to add :
If the sum doesn't add up, I may just sell off and move on.
Base on the report below.That's why I insisted on waiting for aug earnings report to come out first before I even consider to sell off my UFS.
Well ! What is another 2 more months of waiting periods and we be able to to see the fruits of our harvest.
"As for UFS's woodchip mill, Mr Prasetya is aiming for output of 350,000 tonnes this year. Assuming a selling price of US$160 a tonne, and production and wood costs of US$70 and $30 a tonne each, UFS is looking at earnings before interest, tax, depreciation and amortisation of about US$20 million this year. After accounting for interest, depreciation and taxes, UFS may be able to chalk up a net profit of just under US$12 million or about $18 million.
Meanwhile, its construction business has an order book of about $150 million and is in the running for another $150 million of projects. Assuming it is able to complete $150 million at a net profit margin of 5 per cent, that will rake in $7.5 million net earnings.
So excluding the forest asset, UFS's other businesses are trading at about 11 times earnings this year, and possibly just over seven times next year's earnings after accounting for the full year's production for the woodchip mill and some growth for its construction business. "
Unifiber is hovering near it 52 week high @0.31cts.
I believe those BBs will try AGAIN to break this critical level next week.
Once broken, UFS will cheong like wild horse.
So have you sold off your holdings yet ?
Latest news on Kiani Kertas.
Indonesia's Kiani to settle 160 mln usd debt to Bank Mandiri
earlier
JAKARTA, June 18 (XFN-ASIA) - Pulp mill PT Kiani Kertas will
settle its remaining debt of about 160 mln usd to PT Bank
Mandiri in August or as early as next month using fresh funds it
received from a new owner, Bisnis Indonesia reported.
The debt repayment was previously scheduled for November at the
latest.
"The funding for debt repayment comes from Hashim
Djojohadikusumo. We will repay the debt ahead of schedule,"
Bisnis quoted Kiani chief commissioner Luhut Pandjaitan as
saying.
Djojohadikusumo has recently acquired a 50 pct stake in Kiani
from his brother and Kiani's owner, Prabowo Subianto, for an
undisclosed value, according to the newspaper.
Of course if tonight US Fed is to increase interests rates, tomorrow the whole market will be pulled down.