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...
AGRICULTURAL BANK OF CHINA on a Singapore roadshow...
Written by Sim Kih
Monday, 05 July 2010
THE SENIOR management of Agricultural Bank of China was in Singapore on a roadshow to promote its IPO to investors.
This afternoon, after a lunch presentation to investors, Pan Gongsheng, its executive vice-president, spoke with Singapore media regarding what is billed as the world's largest IPO. Read more…
KEVIN'S TAKE on.... China Animal Healthcare
Written by Kevin Scully (NRA Capital)
Monday, 05 July 2010
The management are viewing the placement to Blackstone Capital as another affirmation by a global fund house as to its fundamental merit. China Animal already has Legg Mason, Fidelity and soon Blackstone as shareholders. This affimation is important given the spate of S-chip scandals. Read more....
HI-P INTERNATIONAL'S stock price has soared following the company's guidance of an improved outlook - and the company's aggressive share buyback in the past two weeks.
Other companies engaging in share buyback last week included Frencken, LMA International, and Osim. Read more....
ZAINO, now Dapai, targeting 4,000 stores this year
Written by Andrew Vanburen (China Correspondent)
Sunday, 04 July 2010
Dapai Chairman Chen Xizhong (right) with China Best Board Chairman Rocky Lu on recent plant tour of Dapai.
DAPAI INTERNATIONAL Holdings Co Ltd (SGX: CZAI), which officially changed its name last month from its original name of China Zaino International, is demonstrating by the move that it is very serious about building brand recognition for its expansive line of backpacks and luggage.
A group of six fund managers visited their Fujian facilities to speak with management. Read more...
JUST ASK: 'Should my retiree parents invest in STI ETF?'
Written by The NextInsight Team
Saturday, 03 July 2010
Reader says: My parents are in their mid-60s and both have annuities of $500 each per month which they find are surplus, thus would like to invest the money. We are keen to find out what options are available for the spare $500-$1000/month. Find out what Leong Sze Hian, president of the Society of Financial Services Professionals, has to say.
Fund managers checking out C&G's Fujian plant recently. NextInsight photo
C&G ENVIRONMENTAL Protection Holdings (SGX: D79) expects to triple its waste treatment capacity to 3,600 tons per day in calendar year 2010 thanks to robust project completion performance following a shift to the waste-to-energy business from its original focus on textiles.
DESIGN STUDIO takeover: 'Depa could increase its offer & stay earnings-accretive'
Written by The NextInsight Team
Thursday, 01 July 2010
Kim Eng Securities analyst Pauline Lee says:
“Depa could increase its offer price by another 50% to 84 cents per share and still stay earnings accretive. This takes into consideration the fact that it is trading at a sharply higher PER compared to DS – 7.2x.
“In our view, Depa has to raise its offer price to gain control of this crown jewel. Maintain BUY and TP of 90 cents (7.5x FY10F PER).”
Compare Aviva's insurance quotes with your existing insurer's!
Written by The NextInsight Team
Thursday, 01 July 2010
AVIVA is on an aggressive campaign with ads everywhere, including taxis. Who knows, you could get a super deal just by clicking on Aviva's adverts on this website….
STAMFORD TYRES, MAN WAH: What analysts now say...
Written by The NextInsight Team
Thursday, 01 July 2010
STAMFORD TYRES’ results in the new financial year could be better in the absence of write-offs, Thai plant losses, etc, says Kim Eng Securities.
Meanwhile, UOB Kay Hian notes that Man Wah Holdings in HK is trading at around 10x, roughly in line with domestic peers although Man Wah achieved significantly higher Return on Asset of 42%.
The company had posted a 9-fold jump in its FY2010 net earnings to S$9.4 million and resumed its dividend payout after a one-year hiatus.
About 20 analysts and professional investors were at its Q&A session yesterday morning with its president Wee Kok Wah. Read more…
GRAY TUESDAY: Tepid record China bank IPO sinks sentiment
Written by Andrew Vanburen (China Correspondent)
Tuesday, 29 June 2010
No Photos! Financial folk were in a foul mood around the Shenzhen bourse today
AGRICULTURAL BANK of China still probably managed to pull off the world’s largest ever IPO today, but the lender would have preferred a more enthusiastic reception in China's capital markets.
The 8 month-old ChiNext board, China’s version of the Nadsaq, fell nearly 8% today and reached a historical low. Meanwhile, the benchmark Shanghai Composite Index lost 4.3% while the Shenzhen Composite shed 5.0%.
Hong Kong gave up 2.3%. Analysts say lukewarm response to Agricultural Bank's IPO was the chief culprit. Read more...
MACQUARIE: “Record-breaking container volumes in May”
Written by The NextInsight Team
Tuesday, 29 June 2010
Macquarie’s Global Container Index, constructed from the aggregation of volumes from almost 200 container ports in 58 countries, suggests that global container volumes reached a record high in May 2010, exceeding the previous
CHINA NEW TOWN: Support from govt policy on accelerated urbanisation
Written by The NextInsight Team
Tuesday, 29 June 2010
A SPEECH by Chinese Vice Premier Li Keqiang calling for an acceleration of urbanization of the country has positive implications for companies such as China New Town Development.
The major policy support direct from the central government for developing new towns could be favorable for China New Town’s existing and future projects. Read more…
CHINA/HK SHARES: World's largest IPO weighs on sentiment
Written by Andrew Vanburen (China Correspondent)
Monday, 28 June 2010
ABC will launch its massive IPO tomorrow.
SHARES IN Hong Kong broke a two-day losing spell, finishing the day up 0.2% at 20,726.68 on signs of renewed vigor in the property market.
Meanwhile, A-shares on the mainland continued their losing ways, with the Shanghai Composite Index shedding 0.7% to close at 2,535.28, its fourth consecutive trading day of declines.
Analysts say renewed liquidity worries following the imminent IPO by Agricultural Bank of China hit the benchmark index again. Read more...
CHINEXT: Award-winning film company Hua Ce among IPO aspirants
Written by Andrew Vanburen (China Correspondent)
Monday, 28 June 2010
CHINEXT, THE COUNTRY'S home-grown answer to the Nasdaq exchange, is seeing more of its candidate enterprises being vetted for listing.
One candidate -- Zhejiang Hua Ce -- stands out for its aggressive capital-raising plan to make greater inroads into the mainland movie market, notably on film production and movie theater expansion. Does this signify a more liberal approval stance toward the 91-strong company board? Read more...
VALUETRONICS, OTTO MARINE : What analysts now say....
Written by The NextInsight Team
Monday, 28 June 2010
Kim Eng Securities this morning reiterated its buy call on Otto Marine with target price of $0.58, compared to its recent trading price of 42 cents.
OCBC Investment Research says Valuetronics has a 70.6% upside potential to its target price of 32 cents. Read more…
INSIDER BUYING: HI-P, SAIZEN, BEST WORLD, TIANJIN ZHONG, etc
Written by Leong Chan Teik
Monday, 28 June 2010
Saizen CEO Chang Sean Pey
SAIZEN Reit last week showed up in a UBS Investment report as having the highest discount to NAV among S-Reits. This may be one of the reasons Saizen CEO Chang Sean Pey continued to buy the units.
Other insider buying and company share buybacks last week involved Hi-P, Best World, etc. Read more….
INSEAD dons say: 'Bet on stocks that lack media coverage'
Written by Kevin Tan (INSEAD Knowledge)
Sunday, 27 June 2010
BY BETTING ON stocks that lack media coverage, investors may be doing themselves a favour, according to a new research paper co-authored by INSEAD Assistant Finance Professor Lily Hua Fang (left) and Associate Professor of Finance Joel Peress (right).
The study found that investors stand to gain comparatively higher returns by punting on stocks that have no media coverage than those that enjoy a high media profile. Read more....