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...
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.
TEXHONG: A global supplier of cotton textile products
Wednesday, 16 September 2009
Charles Hui (right), CFO of Texhong, with Aries Consulting's Terence Wong. Photo by Andrew van Buren
TEXHONG TEXTILE Group Ltd (HK: 2678), one of the world’s largest suppliers of core-spun cotton textile products, is upbeat on its prospects despite a tough going in the short term amid the global slowdown.
Charles Hui, CFO of the Hong Kong-listed firm, told NextInsight last week that Texhong would reap what it sews by sticking to its core strengths – high margin products and effective cost controls. Click here to read more.
DESIGN STUDIO, CCT: What analysts now say...
Tuesday, 15 September 2009
*** Design Studio rose 5 cents today to close at 58 cents
Crowne Plaza in Changi Airport was fitted out by Design Studio.
DESIGN STUDIO jumped 4 cents to close at 53 cents yesterday (Sept 14) on heavy volume of 5.7 m shares after Kim Eng Research set a 78-cent target.
(Did you miss our story in July on insider buying of the stock at only 22 cents a share?)
In setting the 78-cent target, Kim Eng said it had not factored in a potential doubling of earnings from hotel fit-out works over the next 12 months due to the launch of Integrated Resorts.
Another research house, UOB KH, predicted the continued downtrend in office rents and maintained a ‘hold’ rating on CapitaCommercial Trust. Read more here.
BERLIAN LAJU's 'so huge and so rare' opportunity
Monday, 14 September 2009
Peter Chayson, GM, investor relations, Berlian Laju. Photo by Leong Chan Teik
RARE IS the confluence of events that can alter fundamentally an industry.
The shipping industry in Indonesia is about to undergo such an experience, and Berlian Laju Tanker, which is dual-listed in Singapore and Jakarta, looks set to benefit from that.
As Peter Chayson of Berlian told NextInsight: “The arbitrage opportunity arising from the cabotage and mandatory scrapping rules is so huge and so rare we want to use all possible financing alternatives available to get the funding needed for this opportunity.”
CIMB-GK analyst Lawrence Lye is a strong believer in the local construction sector.
CIMB-GK ANALYST Lawrence Lye reiterated his ‘Overweight’ rating on Singapore’s construction sector recently, citing renewed interest in the property market and robust public infrastructure spending as boost factors.
His top picks are Hong Leong Asia, Tiong Woon, United Engineers and Yongnam, and has a current year price earnings average estimate of 8.7 times for the sector.
But with the current bullish investor sentiment and the sector in favor, even second-liner construction stocks are having a field day. Steel stockist Hupsteel, for example, has near tripled in price since the market low in March. Read about its outlook here.
ANWELL'S Franky Fan poised to achieve solar dream
Saturday, 12 September 2009
Franky Fan, chairman & CEO, speaking with analysts from Singapore. Photo by Leong Chan Teik
FRANKY FAN co-founded Anwell in 2000 after leaving his US$15,000-a-month job as an engineering director in Hong Kong’s largest manufacturer of CD-ROMS.
SGX-listed Anwell has just become one of only four companies in the world to be able to build, on a massive scale, the automatic production lines for solar panels.
Find out more about Franky and Anwell's solar dream here.
HUNG HING withstands the ravages of downturn
Friday, 11 September 2009
Eric Lui, VP for finance at Hung Hing.
HUNG HING Printing Group Ltd (HK: 450), like most export-oriented firms with manufacturing facilities based in the Pearl River Delta, has not escaped from the ravages of the global economic downturn.
But Hong Kong-based Hung Hing, one of the leading printers and packaging service firms in Asia, believes that its financial strength, wide range of production capabilities, coupled with its diversified markets have made it less vulnerable to the economic downturn than most of its competitors.
NextInsight and Aries Consulting met recently with Mr. Eric Lui, Hung Hing’s Vice President for Finance.Click here to read more.
OCEANUS, SINOTEL: What analysts now say....
Friday, 11 September 2009
Shish kebab with abalones. Photo: Oceanus
FANCY SOME abalones on a shish kebab stick? This is a creative dish offering from Oceanus’ 70%-owned restaurant chain which is expanding in China.
The restaurant business is valued separately by Westcomb Securities from the farm business of Oceanus, yielding a total valuation of 53 cents a share.
Sinotel Technologies, meanwhile, has received a sharply upgraded target price from Phillip Securities – from 33 cents all the way to 93 cents. Read more here.
The Edge highlights unusual stock FABCHEM
Thursday, 10 September 2009
This edition of The Edge is currently on sale at the newsstands.
FABCHEM CHINA is an unusual business – that of manufacturing explosive devices such as boosters, seismic charges and tube charges.
A story on the company in the current edition of the popular weekly, The Edge, caught our eye as the angle was on the potential earnings kick that the massive infrastructure projects in China could give the business.
In the quarter ended June, Fabchem's net profit after tax soared 69.5% year-on-year to RMB 19.6 million.
THE ABOVE three stocks came under significant accumulation by their substantial shareholders in the last couple of days. Click here for their recent business performance and who their substantial shareholders are.
LUM CHANG, CHINA HONGXING, FSL TRUST: What analysts say now...
Wednesday, 09 September 2009
Source: Kim Eng Securities report
LUM CHANG, which has just reported the sale of a piece of prime land in KL for a good profit, is the subject of a Kim Eng report.
Credit Suisse has some takeaways to share from the presentation by China Hongxing at a recent Credit Suisse conference.
And FSL Trust has a positive report from DBS Vickers. Read more here.
FIRST CHINA'S unit is 'Bloomberg of China'
Wednesday, 09 September 2009
Fund managers at the visit to the studio of a unit of First China.
FIRST CHINA Financial Group’s (HK: 8123) financial news program is helping educate more and more of China’s 100 mln shareholders, and is doing its fair share of taking some of the guesswork out of playing the capital markets.
Its increasingly popular Web, TV and handset-accessible program is called Stocks Online (股市在线). It is becoming an increasingly important part of the Hong Kong-listed group’s overall revenue earning regime.
Click here for our interview with Hu Peng, General Manager of Shenzhen Huatian Video Program Design Co, a unit of First China Financial Group.
Offshore stocks back in favor
Written by Sim Kih
Tuesday, 08 September 2009
'We are one of the few with expertise to design and build a wide range of offshore support vessels,' said CEO Lee Kok Wah. Photo by Sim Kih
LAST WEEK, CLSA and Kim Eng separately initiated coverage with ‘Buy’ calls on Ezion, which provides offshore marine logistics and support services.
In the same week, OCBC Investment Research, AmFraser and DBS Vickers maintained their 'buy' calls on Ezra.
Otto Marine is also a sizable offshore support player with a market cap of about half a billion dollars.
EPURE, SINOTEL, LONGCHEER: What analysts now say....
Tuesday, 08 September 2009
Forecast of Longcheer's performance by DMG & Partners
TWO STOCKS that are benefiting from the 3-G network rollout in China are rated a ‘buy’ by analysts in their latest reports. The two are Longcheer and Sinotel – the latter has, of course, been amply covered on this website. These are S-chips.
Another S-chip is Epure, a water play which is rated a ‘buy’ with a target price that is 14X next year’s earnings per share. Read more here.
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