$ ChinaESave   

China Enersave

Hi loushare,

Try searching for CEnersave... its the actual SGX same for China Enersave.

 

I am new here. I can't find China Enersave in Share Junction charts. Can anyone help to pinpoint where is this counter listed in the ShareJunction ?

 

(Estimate Figure)
Yima profit for yr 05 $22m base on enersave share of 51% is $11.5mil

Huizhou plant can generate 6mil of profit(report base on 600 ton capacity, they recently increase the capacity to 800 ton, profit will be 33% higher if the plant is running on full cap and with increases in electricity changes approved in July 2006)

Amanda Ind Grp is US$4.9m net for year 2006 (profit guarantee by vendor). Enersave is in the progress to up it stake to 51%). Profit warranted to Enersave will be increases. Oil reserve (sour crude) know to / through Amada Ind Grp. The entry of WTO to Vietnam will allow more oil majors player will increases demand for oil & gas services may lead to more contract for Amada Ind Grp.

Pls note: does not include new contract awarding to Amanda Ind grp,  oso not included is profit increase due to rise in electricity charges & capacity in Huizhou WTE power plant from 600 ton to 800 ton. It  Enersave engineering subsidairy which construction/install equipments for power plants (estimated profit is about 2 mil).

Profit estimated 21mil end 06 or in early 2007

This r my personnal opinion. Estimated r base on existing nos from sgx.com.sg

 

teeth,

i am vested, i believe u are too. lets make some money like what we did with K1. K1 time i too greedy liao shld cut at 40 cents.. this time i wont liao. hehe

Chiong Ah!!!

 

I think Monday 18 Sept 06 is a day to watch how Enersave perform!!, should be at startling from $0.175 / $0.18 cents. 

 

Since 406 mil shares been placed out soo..successfully to the big boys, (Institutional investors and Funded managers) each with a minimum block of 5mil shares at $0.165 cents that bring in estimated $64.8 mil to further enchance China Enersave growth in it pursue it interest in WTE. I reckon that 5mil shares is not a small sum which interest parties must folk out S$825,000 to purchase, so there R quite alot of big boys out there interested in this stock and px sensitivity to them BIG boys will be carefully watching, sooner or later, it does not matter. Just WATCH and see it growth. hope this ans ur Q??

 

Sell when the rally lose steam. example will be in K1 case. still, this counter has future. thus can try sell high buy again when it corrected.

 

406m shares being placed to institutional investors. Looks like we can follow suit. I wonder what price will they let go?? This is not a stock to collect dividends, so there should be a target price.

 

Share placement of 406m new shares at $0.165 garnered strong support from institutional investors. Approximately $55.51m of the net proceeds of about $64.8m have been earmarked for the cash consideration of a 51% stake in Yima Jinjiang and the balance for working capaital.



The acquisition is expected to be completed within the next 2 weeks.

 

Hi chipchip66, DBSV's is assign to re-evaluate it stock, plants in China been visited, should be finishing soon, it old tp recommended px of $0.17 is been well supported, further to this, it 1st Huizhou WTE plant should rise in value & be up for review they bot in 2002/03, so rekon that plus $xx amount of profit, should give Enersave a lift to beyond it current px come this quarter end 2006.

 

Trend for this counter is a little unclear. I would guess that this price will be stagnant for a while.

 

Hi Teeth53, wont this counter suffer from share overhang?

 

LATEST NEWS RELEASE - CHINA ENERSAVE SHARE PLACEMENT GARNERS STRONG SUPPORT FROM INSTITUTIONAL INVESTORS. Proceed of S$64.8 mil placed group in it strong financial position to pursue its growth plan.

 NRSharePlacementGarnersStrongSupport.pdf

 

Just FYI : Credit Suisse eyes China energy.

It's keen on tie-ups with Chinese firms; needs govt support.

(BEIJING) Credit Suisse sees alternative energy and private banking as key opportunities as it pushes to broaden its range of services in China, Paul Calello, the Swiss banking group's regional chief executive, said yesterday.



One area is alternative energy, a primary focus of the Chinese govt in its latest 2006-2010, 5 year plan. Credit Suisse, which underwrote a New York listing for Suntech Power Holdings Co Ltd in 2005, hopes to help other Chinese firms to raise capital abroad and is already working on a number of biodiesel transactions, Mr Calello said.



In the medium term, renewable energy was likely to gain the kind of prominence enjoyed by the financial sector, the focus of the previous five-year plan, he said. Wealth management, which has caught the eye of many foreign banks as the number of Chinese companies mushrooms, was another area for expansion.

 

Talking about penny stocks. Personnally i do experience with one fundamental stock (ComfortDergro) many years back, it was all the time, traded down to about $0.60cts, in btw give 1-2 bonus (from a stock i hold 20 lots, they give me 10 lots and end of the day i got a total of 37.5k shares. A gain from cost $12k to 56.2 K, estimated gain 0f $44k), plus almost each year about 6% dividend yields and now going for $1.50 (average). I alway use to look out for such stock in my old days and even now and i go for China Enersave. So there is always the risk there even if it is big ticket stocks, so how is it going to justifiy it is risky and does the risk out weight it gain ?

If not for sharing those tot and experience i would have just keep quite for good and pump into stock that i can see it is coming of age....anyway ur $$$. Ur decision ya.. FYI only.
 

 

On lighter note (:^_^:) Come wind~~~, rain!!!, typhoon@#, storm#^>~ or even twister hurricanes`'\./'`. Waste mah? all goes into China Enersave environmental friendly power plants to generate more energy to turn it into $$$, Their target 20th plants to present to China.

 

*FYI: not an inducement to trade, if need be within ur mean ya.

 

A different here btw convention fired power plant-coal, diesel, natural gas (LNG) and to wte, biomass which China Enersave is operating in.

1^st) Less subject to rise in raw material cost as compare to a coal fired power plant & bio diesel ethanol producing plant (px of commodities, corn, palm oil, potato and so on is up) as waste to biomass energy r available at almost no cost. (the govt also pay a fee for disposal of waste/biomass through burning which benefiting China Enersave.

2^nd) Power produce by wte biomass r environment friendly which are sold to national grid (no credit risk, the govt). The Chinese authority r  guarantor, the sales of electricity generate from environment friendly power plant where it's govern by law which pass last yr stating electricity generate by the environmental friendly power plants will be purchase by the govt at a stated price of 0.52 rmb/unit of electricity.

3^rd) By products from wte plants (bricks & fertilizers) can be sold off for additional income. Wte biomass plants will grow in important due to high oil and commodities prices.

4^th) Plants asset r a favour for foreign fund seeking asset in china be cos of it good cash flow & earning. The wte site in huizhou which enersave bot in 02-03 should have risen in value over last 3 yrs.

5th) Revaluation may increase d nav/share & px earning increases when they (DBSV?s) decide to do so.

Last but not least, environmental friendly power plants can earn carbon credits which can be sold as commodities in int?l commodities exch-s under the UN Kyoto protocol agreement.

A point to note: Enersave power plant help save earth, biz that grow w/you, good profit and at the same time help promote a good cause.

*Do chk out for details, investing!!!, potential are great but do watch out for some risks.

 

Value Capital Asset mgt subscribed, todate it total loan converted in the capital of company S$23,950.000.   annnotesfourthsubtranchenotes5final.pdf

 

UPDATED TIME	BUY	SELL	LAST DONE	CHANGE	PERCENT	VOLUME	VOL CHANGE

14:57:20	0.175	0.180	0.180	+0.005	+2.86%	12799	5500

08:59:03	0.175	0.180	0.180	+0.005	+2.86%	3978	3978

C two big deals here What U guys & gals think ?? as regard to tp px, no tp yet as DBSV's is still working in progress till new tp arrive or news break, may hold it if U like this stocks, Me still vested and think if it can hit $0.22 how nice ($^_^$) early X,mas & new yr present.

 

CNersave counter-suing Shining Corp, who wins ? Lawer firms win. So both counters will be losers