$ ChinaESave   

China Enersave

Finally after two weeks of waiting time, prices test $0.175 again, it is still early day for this stock, work in progress i mean review, coming week look out for more interest news. It's under review by DBS reserach. 

 

Yap..vested for a long long time, but often go in and out for many time liao, since this company was a construction stock turn very good to WTE company and having it 4th plants (Yima) going w/o having to wait long, more interest one is in Vietnam (Amigos) where they r option for management to buy up to 51% and with abit of luck, may have in future a chance to go public. 

 

Hi Teeth53, thank you for all your valued contributions. Would appreciate it that you continue to keep us updated of the latest information, especially when there are major movements or news. By the way, may I know whether you are vested already ?

 

UPDATED TIME	BUY	SELL	LAST DONE	CHANGE	PERCENT	VOLUME	VOL CHANGE

11:49:42	0.165	0.170	0.170	+0.005	+3.03%	18162	2000

11:11:44	0.165	0.170	0.170	+0.005	+3.03%	15027	1000

10:44:23	0.165	0.170	0.170	+0.005	+3.03%	10329	2000
10:37:52	0.165	0.170	0.170	+0.005	+3.03%	8329	2000
10:35:42	0.165	0.170	0.170	+0.005	+3.03%	6329	3250

10:00:24	0.160	0.165	0.165	0.000	0.00%	2200	1000

09:38:34	0.160	0.165	0.00	-0.165	-100.00%	1000	1000

Just look at d big boys buying programs.

 

Analysts visiting China ENersave plants in Huizhou WTE project, it 51% equity in Yima 4th Biomass power plants.....?? as today it tested 0.175 and closed unchange at $0.165 with a big vol of 22.4 mil traded.

 

Wowowoow, never can tell how fast this horse can run up , it now into 4th position with 15.5 million shares traded on sgx top 20 listed.

 

As i said before this stock will run in 1-2 weeks and seem it is coming om time with big boys going having to keep in view of it re-cycle energy from waste to energy and it Chnia from July 06 increased in it electricity charges by .0025 yuen per kilowatt. ENersave is one one of the benefiting comapny that is aollw to charage for electrity useage.

 

This stock is having a good run up to top sgx listed top 20, now run in 8th position with a vol of 10.8 mil shares traded to $0.17 now at this moment. It's post to review it share price of $0.17 by DBS research.

 

In line with sti run up. Posted for a good recovery, now trading up by +0.005 to $0.17 with more then 3million shares traded.

 

Closed unchanged at $0.165 on vol of 1,587 million shares treaded, it is work in progress, it view on various plants in China including Yima plant and it current TP price is been review.

DBS Vickers Securities (Research) has been assigned by SGX MAS reseach incentive scheme for coverage on CEnersave by itscheme administrator.

 

This one just wake up and is still early day (Mon. Aug 14, 2006) +0.005 to $0.165 cents

 

Cnersave seem to be getting interesting in play this coming week or two as big boys plan it programs and progress (it share prices is also in review) or sort of reviewing it prospective issue, work in progress, it view on various plants in China including Yima plant. 

 

CEnersave the coy is in into energy Industies and is desirous of becoming a major energy provider in China and suothEast asia region. 1) It build it own plant, own & operated it 1st Biomass plants in Huizhou WTE project and is expected to commence commercial operations during this 2nd half FY2006.

2) The group is now embarking on (2nd & 3rd) construction of Neijiang & Dujiangyan projects are expected to commence for FY2006.

3) CEnersave. The group has entered into placement agreement with Kim Eng Securities P/. It shares placement amounting to net estimated to $64 million with $55.51million (US$35mil) to satisfy the cash potion consideration payment to acquisti of 51% equity in Yima it 4th Biomass power plants, balance net proceeds will be used for working capital.

4) The group "CEnersave" acquisition of Amada Industries AMIGOS has also secured new order of approximately S11.4 million for heat treatments & installation works in Vietnam with order book value stood at approximately #39.8 million and AMIgos is also currently in the midst of negotiating & securing several new contracts. It group Amada grp holding (CEnersave subsidairy) is to undertake the consideration net profit of Amada Industries P/L and it subsidairy "AMIGOS" for financial year ending 31 Dec 2006 shall estimated not be less than US$4.9 million.

5) In view of flavourable and positive development of it underlying business. The group has condition call option to execise within 12 months from 18 April 2006 for additional 28% equity stake in Amada Industries pte ltd. It own 23% equity stake and may execise it call option within 6 months bringing it equity stake to 51%.

Please Note: DBS Vickers Research is reviewing, so more good news will be coming out soon on the prospective issue on CEnersave and it subsidairy companies.

 

http://www.enersavegroup.com/webtop/

Ground Breaking Ceremony of first Biomass Power Plant in Neijiang City, China, Video clip presentation.

DBS Vickers Securities (Research) has been assigned by SGX MAS reseach incentive scheme for coverage on CEnersave by itscheme administrator. (Buy rating and $0.17 target px is under review).

 

China is considering to rise it electrical/electricty rate  to better manage it power consumtion (to make aware) and oso to provide better services to it people's with it new found wealth and CEnersave is one of the company benefiting it as it is able to better provide a better yield to it investors or in other word better return.. 

 

Fund is funded, 5 millions per block (see sgx-CEnersave) and is been very successful, potiental funding to further expand it biomass purchase may in future include further listing it potiental company in Amada-Vietnam where Prudential-Vietnam has interest in it. 

 

CNersave target px at 17 cents is under review.

 

personal opinion only:

CEnersave is looking more interesting now as a lot of fund has been successfully funded which involved (Value Capital, Amanda, Prudential-Vietnam) and a lot of activities (WTE, bot over Yima plant, goldvein, vietnam oil & gas, and etc....

Key points is the Yima take over plants & pontiental on listing off either Amada (Amigos).

1) More Biomass plants to be sign up (looking at M?sia, Vietnam & China as well.

2) High possibility of upping stake in Amanda Indus to 51%
3) Showing much improving financial ratios
They did go in depth on the progress of the Huizhou WTE plant, which has given the public for the past year more transparence. A more confident company coming into becoming a major player in biomass, esp this 2^nd half year.

http://www.remisiers.org/research//chenersave040806dbs.pdf

The increase in Huizhou plant capacity
http://info.sgx.com/webcorannc.nsf/e9886c5637268fd148256db0003472d2/482571ae0031e280482571390037f947?OpenDocument#

Key points is the Yima take over plants & pontiental on listing off either Amada (Amigos).

1) More Biomass plants to be sign up (looking at M?sia, Vietnam & China as well.

2) High possibility of upping stake in Amanda Indus to 51%
3) Showing much improving financial ratios
They did go in depth on the progress of the Huizhou WTE plant, which has given the public for the past year more transparence. A more confident company coming into becoming a major player in biomass, esp this 2^nd half year.

http://www.remisiers.org/research//chenersave040806dbs.pdf

The increase in Huizhou plant capacity
http://info.sgx.com/webcorannc.nsf/e9886c5637268fd148256db0003472d2/482571ae0031e280482571390037f947?OpenDocument#

 

CNersave is moving again, big boys is focusing on and it px is up liao.

 

503 lot traded and it end up $0.165, not bad, oso not good (no volume) but the good point is that some boys is watching this stock, so when it time to cheongg.. U will know it move with it volume.