Re:market correction... by MacGyver30th, Jul. 04:11 PM Market is bullish again.. Good trading period from now to early-m...
Re:Map Technology - ... by happin30th, Jul. 03:16 PM MAP is now at 6 cents. Noticed that yesterday's last trade was 1...
Re:Rokko-An Explosiv... by neontet30th, Jul. 07:41 AM all these semicon companies are doing really well.
congrats on s...
market correction by pathfinder30th, Jul. 12:10 AM With all US company result good news ending in 2 weeks time & no ...
Re:Rokko-An Explosiv... by MOSBY29th, Jul. 11:49 PM http://www.remisiers.org/research//dailyex2307.pdf
TP :$0.30...
OTTO MARINE: Highlights of our visit to its Batam yard
Monday, 12 October 2009
Tom Chua showing analysts around the Otto Marine yard. Photo by Leong Chan Teik
TOM CHUA, a Singaporean, has lived most of his last 13 years on Batam, overseeing the building of ships. He is the general manager of PT Batamec, which is 95.222% owned by Otto Marine.
Along with a group of analysts, we recently visited this shipyard of Otto Marine, which listed on the Singapore Exchange in Nov 2008.
We highlight in this story some key features and people that we encountered.
THOMSON MEDICAL delivers!
Written by NextInsight Team
Sunday, 11 October 2009
Thomson suite: Room 526. Photo courtesy of Thomson Medical
THOMSON MEDICAL is a steady grower which is venturing into Vietnam where it might find an added sizzle to its business.
“The potential is incredible, and it’s an area we intend to expand into,” says Mr Allan Yeo, its CEO. Find out more about the hospital, which has been accumulating awards. Click here.
Lower iron ore prices for China steel group
Written by Andrew van Buren (China correspondent)
Saturday, 10 October 2009
Mining operations by FMG, one of the world's leading producers of iron ore.
CHINA, BOTH the world’s largest steel producer and iron ore importer, is not directly linking a financing deal with Australian miner FMG with preferential prices for imports of the raw material.
In an article translated from the Chinese press, an official from The China Iron & Steel Association (CISA) said that the industry group had negotiated lower prices for some types of iron ore from FMG until year-end but that the agreements were unrelated to a financing deal as far as CISA was concerned, and that was the realm of the Finance Ministry.
To read more about the latest in the often contentious relationship between miners and mills, click here.
IPO euphoria or undiscovered gem?
Written by Sim Kih
Friday, 09 October 2009
Our target customers are the dominant players like oil majors, said CEO Gu Wenlong. Photo by Sim Kih
PETROCHEMICAL LOGISTICS player Hengyang opened today on Catalist at 50 cents, more than 30% above its IPO issue price of 38 cents per share.
Is the price surge merely IPO euphoria, “petrochemical” concept euphoria, or is this truly an undiscovered gem?
Well, its net margins are as high as 30%+, which is somewhat rare for a defensive stock.
The growth rate in the chemical industry tracks global economic growth.
DARE TO CHALLENGE: The SIAS Story launched by Minister for Finance, Mr Tharman Shanmugaratnam.
DARE TO CHALLENGE: The SIAS Story captures the essence of the first 10 years of the Securities Investors' Association of Singapore (SIAS).
In particular, it is about how SIAS' president and CEO, Mr Gerald David, and his team fought to help get back the CLOB shares that were frozen by Malaysia during the Asian financial crisis.
The book, authored by former Straits Times journalist and NextInsight's co-founder Leong Chan Teik, was launched last night at the SIAS Investors' Choice Awards gala dinner.
CHINESE PREMIER Wen Jiabao said recently that China is on track to achieve its 8% growth target.
While employment numbers are important, policies will also focus on restructuring the economy, including consolidation of crowded sectors and phasing out of inefficient players.
The premier hinted that the government is supportive of industries that improve efficient use of energy resources and environmental standards.
We will be as aggressive as possible, said Peter Chayson. Photo by Leong Chan Teik.
THE WORLD'S largest chemical tanker operator will be born when Berlian Laju Tanker merges with Oslo-listed chemical tanker player, Camillo Eitzen.
These may be times of vessel supply glut, but Berlian has lots of business to cope with.
"Pertamina looking for Indon-flagged vessels to replace its 50 foreign-flagged vessels.
"As a leading tanker operator, we stand a high chance of securing many of Pertamina’s replacement charters,” said Berlian Laju’s GM, Peter Chayson, when he met NextInsight recently.
ROBERT STONE plonks down $1.5 m cash for S'pore Windsor's new biz
Monday, 05 October 2009
Machinery parts ready to be installed at Singapore Windsor's new business. Photo: Singapore Windsor
SINGAPORE WINDSOR’S No. 2 shareholder is Robert Stone, a Singapore private investor who owns 8%.
Last month (Sept), he increased his exposure further as one of three investors in a subsidiary of Singapore Windsor. He put down S$1.5 million cash for a 5% stake in Windsor Manganese Limited.
Coking coal mine in Shanxi, China. Photo by Andrew van Buren
ABTERRA IS one of only a handful of mining companies listed on the Singapore bourse.
I visited its coking coal mines in Shanxi recently - my first visit to such a place, which is part of the commodities boom that will last a long time more, if you believe Jim Rogers.
Abterra has bought stakes in mines as it moves upstream from being a trader of commodities.
Click here for my account of my trip and what I understand to be the industry dynamics.
Insider trades: SAIZEN, OSIM, REYOUNG
Saturday, 03 October 2009
Stock
Buyer
Transaction date
No. of shares bought/sold
Price
Shareholding
Saizen REIT
Cube Capital
24 Sept
1,000,000
Not avail
47.8 m (5.04%, deemed interest)
Osim
Capital Group Companies
23 Feb-16 Sept
(2.24 m)
Not avail.
28.8 m (4.35%)
Reyoung Pharmaceutical
Company share buyback
24 Sept
100,000
23 cts
DESPITE NEGATIVE negative news swirling around its refinancing challenges, Saizen REIT is attracting buying.
On the other hand, as its share price spiralled upwards, Osim International saw a key investor sell down its stake. Read more here.
Striking while prices are hot
Written by Sim Kih
Friday, 02 October 2009
Villas@Gilstead is Wee Hur's maiden residential project in the shoes of a property developer.
PRIVATE RESIDENTIAL property prices surged 15.9% quarter-on-quarter in 3Q09 according URA estimates, spurred by the return of foreign speculative purchases.
For Wee Hur, a leading local main contractor, strong property demand is the signal for executing its plans to integrate upstream into property development.
It is foraying into cluster housing development, a marriage between conventional landed housing and condominium housing.
Sebastian Chong in action at a seminar recently. NextInsight photo
AFTER FOUR full months of investing, the participants of this edition of Stock Challenge are making good returns, with Sebastian Chong solidifying his lead. His gain of 111.6% puts him way ahead of neontet who has a 66.5% gain on his stocks.
The market has softened in the past couple of days and it remains to be seen if the stocks gains can be maintained in future. For details of the individual performances to date, click here.
Billionaires soon with the GEM Board of Shenzhen
Thursday, 01 October 2009
Shenzhen Stock Exchange. Photo: Internet
Pu Zhongjie, managing director of Beijing-based Lepu Medical Tech, who holds about 60 mln of the firm's shares. Pu's worth is estimated at around 1.75 bln yuan after the firm’s issue price was set at 29 yuan.
Lepu is among the companies which have received the green light to raise money on the GEM board.
Once candidates are listed, high-ranking executives could turn into paper billionaires overnight. Read more here.
Hong Kong-listed Karrie Int’l states its case, sees rosier 2010
Wednesday, 30 September 2009
SK Lee, executive director, Karrie International
KARRIE INTERNATIONAL Holdings Ltd (HK: 1050) had a forgettable recent run due to external demand slumps on the global economic slowdown as well as upstream material cost volatility.
However, the Hong Kong-listed moulder and maker of computer and office product casings expects things to turn around next year due to more effective cost controls, a reliable client base and stellar corporate management.
Click here to read more of this week’s NextInsight and Aries Consulting interview with Karrie’s executive director.
Compete for contracts but join hands for safety
Written by Sim Kih
Wednesday, 30 September 2009
Riau provincial governor, Mr Ismeth Abdullah, is the guest-of-honor who signed the official opening plaque for the training center on Mon.
SHIPBUILDING & OFFSHORE engineering services of Batam yards is going to be taken a notch up - the island now has a technical training center for training yard personnel.
Initially available only to the staff of Drydocks World SEA, the training facilities will eventually be open to members of the Batam Shipyard and Offshore Association.
Shipyards on Batam include Jaya, ASL Marine, Otto Marine and Marco Polo Marine.
INSIDER BUYING sometimes can be an eye-opener. Take the case of HLN Technologies’ former CEO, Leslie Wa. After selling a big stake only a few months ago, he has gone back to the market to buy some shares – at far higher prices.
Or the case of Bright World Precision Machinery. Its CEO has just bought shares for the first time since the company’s IPO in 2006! Read more here.
EcoGreen's margins reflect sweet smell of success
Monday, 28 September 2009
Executive Director David Han (far right) with CEO Yang Yirong (centre) on a recent business trip to Germany. Photo: EcoGreen
ECOGREEN FINE CHEMICALS Group Ltd (HK: 2341), a producer of a wide range of fragrances and flavor precursors, knows how to negotiate through a relatively stormy market environment.
The Hong Kong-listed firm, whose fine chemicals are found in everything from shampoo and soaps to everyday foods and pharmaceuticals, managed to maintain a first half gross profit margin of 29.2% despite slightly lower turnover, costlier raw materials and a higher effective tax rate.
To learn more about a firm that makes a lot scents, click here to read our interview with EcoGreen’s executive director.
Lofty PE valuations for Shenzhen GEM Board IPOs
Monday, 28 September 2009
A stent by Lepu Medical, which priced its IPO stock at 52X last year's earnings. Photo: www.lepumedical.com
LEPU MEDICAL, a medical equipment maker, plans to raise 1.19 bln yuan, after pricing its IPO at 29 yuan a share, or 53.54 times its 2008 earnings.
It is among a bunch of companies headed for the Shenzhen GEM Board which will be launched on Oct 1, coinciding with the PRC’s national day.
China Kunda management meets Greater China fund managers in company's office in Shenzhen. Photo by Terence Wong
A HK analyst report a few days ago said this of China Kunda: “It has a compelling industry story, as China has identified mould manufacturing as a key strategic industry. Import substitution opportunities are substantial, as overall mould imports are around RMB15bn, of which about one-third is automotive mould.”
The company, which is listed on the Singapore Exchange, has shown up on the radar screen of a top hedge fund manager, Value Partners, which visited its operations in Shenzhen recently.
FION PHUA, Tee Up Marketing Enterprises (HP: 9760-5080)
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