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...
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.
Olam integrates upstream to become one of the world's largest almond orchard farmers.
CHINA INVESTMENT Corp’s US$850 million investment for 11% in the enlarged share capital of commodities supply chain manager, Noble, sparked a flurry of positive analyst calls.
Meanwhile, Wilmar, one of the leading oilseed crushers in China, with a significant share of the cooking oil market there, wants to list its food processing operations in Hong Kong at estimated PE of up to 20 times.
Then there is agricultural producer supply chain manager, Olam, which recently bought a distressed orchard, making it one of the world’s top 3 almond producers.
Read what analysts say about the commodities players here.
GMG: Is share price rally justified by fundamentals?
Written by Sim Kih
Friday, 25 September 2009
GMG's share price has rallied on high volumes, often with more than tens of millions shares changing hands in a day.
WHAT’S BEHIND a stock price rally?
GMG’s stock price has nearly doubled over the past 6 months to 10.5 cents per share despite a net loss of S$3.9 million in 2Q09.
Are investors expecting an earnings recovery for the rubber producer in 3Q09? A hint of that can be found in the trend for rubber prices, which directly affect GMG’s earnings.
SAIZEN REIT: Discussion over red wine and green tea
Thursday, 24 September 2009
Chang Sean Pey, CEO, Saizen REIT. Photo by Sim Kih
WHAT STARTED out as a casual Saturday night gathering of several friends turned later on into a highly in-depth digging into the fundamentals of a REIT.
Over some red wine and green tea, and pasta and chicken, Saizen REIT’s investment merits were lightly discussed recently.
A few days later came some hard-nosed questions from one of the guys. NextInsight lobbed the questions over to the CEO of Saizen - and he responded.
Ah Yat Tian Xia restaurant in Orchard Central. NextInsight photo
OCEANUS HAS just opened its first abalone restaurant in Singapore on Monday (Sept 21) – at Orchard Central, a spanking new building opposite Centrepoint.
DMG & Partners has joined a growing list of brokers covering the stock, and its target price is 53 cents.
Hyflux and SPH, on the other hand, are established stocks tracked by an army of analysts, several of whom view them favourably.
Liu Hua, CFO, Yangzijiang Shipbuilding. Photo by Leong Chan Teik
AMAZINGLY, Yangzijiang Shipbuilding has not suffered any cancellation of ship orders – a fact that the company has given several reasons for in the past.
Last week, its CFO, Liu Hua, beefed up the reasons at a conference to explain why Yangzijiang still has a strong order book of 139 vessels worth US$6.1 billion as of end-June.
By the way, the company is sitting on RMB9 billion in cash. Find out more here.
CHINA ANIMAL HEALTHCARE: Vaccine sales to boost profits
Tuesday, 22 September 2009
Edwin Goh, CFO, China Animal Healthcare. Photo by Leong Chan Teik
CHINA ANIMAL HEALTHCARE could be a very different animal next year, earnings-wise.
It is in the midst of acquiring two companies which manufacture animal vaccines in China, which would boost the vaccine segment contribution to 60-70% of the group’s revenue.
That would displace powdered drugs, which currently contributes 70%.
Read here what the group’s CFO, Edwin Goh, told analysts and fund managers.
Insider buying: GUOCOLEISURE, ABTERRA, HONGWEI
Monday, 21 September 2009
***GuocoLeisure surged 15 cts to close at 72.5 cents on Tues (Sept 22) with 50.3 m shares changing hands.
Stock
Buyer
Purchase date
No. of shares
Share Price
Shareholding
GuocoLeisure
GuocoLeisure Assets Limited
14 Sept
721,000
50.812 cts
770.3 m (56.31 %)
11 Sept
250,000
52 cts
10 Sept
300,000
51 cts
Hongwei Technologies
Maxpro Global Limited
18 Sept
1,084,000
24.816 cts
141.8 m (63.02%)
11 Sept
3,000,000
24.5 cts
Abterra
General Nice Resources
15 Sept
10,900,000
5 cts
2.1 billion (40.48%)
THE BIGGEST shareholders of three companies continue to demonstrate confidence in their stocks by accumulating them.
One of the companies is GuocoLeisure, whose shares were bought recently by GuocoLeisure Assets Limited, in which the chairman of GuocoLeisure, tycoon Quek Leng Chan, has a deemed interest.
Lesser known are the top shareholders of Abterra and Hongwei Technologies. Find out more here.
DR DAVID LEE - fund manager's bets proven right
Sunday, 20 September 2009
Dr David Lee, MD, Ferrell Asset Management. Photo courtesy of Ferrell
SOME 9 months have passed since I interviewed Dr David Lee for an article in Pulses magazine, the official publication of the Singapore Exchange.
You could have made lots of money on the insights that he shared in January 2009.
Find out here what he said about investing in properties and stocks, and about the macro economy, REITS, etc.
XTEP sprinting toward 10,000 stores
Saturday, 19 September 2009
L-R: Terry Ho, CFO, and Ding Shuipo, Chairman and CEO of Xtep. Photo: Xtep
XTEP INTERNATIONAL Holdings Ltd (HK: 1368), China’s leading fashion sportswear firm, is aiming for around 10,000 retail outlets in five years from nearly 6,000 now.
In a recent meeting with senior executives of the Hong Kong-listed firm, NextInsight and Aries Consulting learned that Xtep also had a first half that surprised on the upside.
Teo Hong Lim, chairman and CEO, Roxy-Pacific. Photo by Leong Chan Teik
WITH MANY PROPERTY plays having had a sizzling run up in stock price, it would be interesting to seek out those which have not – and dig out their salient features.
One of these is Roxy-Pacific Holdings, a boutique property developer and a hotel owner which recently received ‘buy’ ratings from SIAS Research and Westcomb Securities.
Their target prices are 37 cents and 39 cents, respectively - far higher than the 28 cents that the stock recently traded at.
Click here for our interview with the chairman and executive director.
Heng Tai’s ‘Back to the Farm’ movement
Friday, 18 September 2009
Mr Chu Ki, the CEO (right) and Mr Ong Hong Hoong, the Corporate Development Director. Photo by Terence Wong
HENG TAI Consumables Group Ltd (HK: 197) is looking to swim upstream into agriculture to chase higher margins and spawn bigger profits.
The Hong Kong-listed firm, which traditionally has engaged in the processing and distribution of packaged foods, beverages and cold chain products, is looking to return to the more traditional way of making a living from the fruits of the soil.
In an interview with NextInsight, CEO Chu Ki said that it wasn’t a sentimental retro-longing for any return to yeoman roots that was driving the firm to produce perishables from the ground up, but instead, the profit margins furthest upstream were too tantalizing to ignore.
YIP's CHEMICAL: Why it's tops in investor relations
Thursday, 17 September 2009
Robert Young, ED, Yip's Chemical. Photo by Sim Kih
YIP’S CHEMICAL executive director, Robert Young, told an audience of analysts and investors in Singapore yesterday (Sept 16): “My chairman proudly says that he has no business interest outside of the listed company, there is nothing to inject into the company, and he will not privatize any part of the company.
“He also says that it is wrong for the chairman who receives a salary from the company to spend time worrying about other businesses because that would be like allowing the staff to hold another job. Now, just think how many chairmen or major shareholder can make that kind of statement?”
Click here for more on what Mr Young, who was previously director of Shell Hong Kong, said about Yip's Chemical.
HI-P, MERCATOR, CAPITALAND: What analysts now say....
Thursday, 17 September 2009
Hi-P contract-manufactures for Research in Motion's Blackberry.
HI-P INTERNATIONAL is the subject of a new DMG & Partners report, which recommended a ‘buy’ on the stock and a target price of 87 cents.
Mercator Lines, however, got the thumbs down from DBS Vickers, as did CapitaLand from Daiwa's analyst.
FION PHUA, Tee Up Marketing Enterprises (HP: 9760-5080)
Dear advertisers...
