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Closed 38c....up 1.5c with strong volumes!!
With the soild expansion plans in FY06...FY07 will be a even better year for Asia Power. Fundamentals of this company is getting stronger. There should be more upside for Asia Power.
Asia Power Result is out!! Net Profit UP 96.2%!!!!!
Hydropower is the way to go!!! This is definitely an undervalued stock!
Just focus on the fundamentals of this company will do, forget about all other noises. The coming result announcement will be a great prove to its strategy!
This is one counter where TA doesn't work well...
Electricity prices in China may rise.............
Power companies need to offset higher coal costs for 2007
"Coal price increases may be offset by capacity expansion and whether they can pass on the costs in the next round of power tariff hikes,"
http://www.iht.com/articles/2007/01/17/bloomberg/sxpower.php
The focus in Renewable power is the correct strategy!! AP share price may have gone up a lot in the last 2 years but I think there is still a lot of room for it to move futher up.
Green Enegry is the future!!!
choohian, You will be rewarded handsomely if you hold on to this gem. Hydropower is the way to go!
Vested in this counter. Will have to watch it. Need all U ppl for info. Thanks SH / forumers.
Price remain very stable while all waiting for the release of the result. Stay tuned!
Volumes up strongly and price inched up as we the result announcement date get nearer!!
This is a hidden gem. To know more about the company, visit :
http://www.listedcompany.com/ir/asiapower/web/
Stockking, Kudos for saying that! We have the same vision as the company CEO, soon this gem will proves its worth!!!!
Bravo!
With coal price soaring, Hydropower is the way to go! Asia Power so happen to focus on the correcting directions!! The FY06 full year result should be able confirm that!!
Just need to be patient with this one, company heading in the correct direction. With the expansions put in place over the last 2 years, it should worth a lot more in than its current price.
Another Value Gem waiting to be uncovered!!!
Asiapower is a value stock not to be missed! Wait and see the results!
I am Asia Power supporter because I fully support green energy!!! This stock has good potential! Stay tuned!
Volumes up slightly and share price firmer!
With coal price going up, AP should benefit a lot more than other power plants since they invested heavily in Hydropower plants for the last 2 years!! Stay tuned for the FY 06 full year result!!