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...
CHINA ENVIRONMENT grabbing more of massive environment cleanup market
Written by Andrew Vanburen (China Correspondent)
Thursday, 24 June 2010
CHINA ENVIRONMENT shares shot up by 4.5 cents, or 22.5%, to close at 24.5 cents yesterday.
Volume traded was a massive 29.9 million shares, and comes hot on the heels of strong buying of the stock in recent weeks by the chairman and by a Singapore investor.
The Singapore-listed company, as several fund managers and I learnt on a recent visit, is benefiting from a massive cleanup campaign underway in the world's most populous country. Read more...
MAN WAH: FY10 net profit up 171%, sofa maker sitting atop PRC mkt
Written by Andrew Vanburen (China Correspondent)
Wednesday, 23 June 2010
Man Wah Chairman and CEO Wong Man Li.
MAN WAH HOLDINGS Ltd (HK: 1999) has delivered its first set of financial results following its listing in Hong Kong.
And what a crowd turned out for the announcement: 16 journalists and 37 analysts, among others.
For the year-to-March, the reclining sofa maker grew its revenue by 49.3% to 2.93 bln hkd.
Net profit rose by 171% to 617 mln, giving Man Wah a very enviable 42.9% gross profit margin. Read more…
THOMSON MEDICAL: Lively Q&A with investors
Written by Sim Kih
Wednesday, 23 June 2010
Srong interest in the Thomson Vietnam story at CIMB Securities.
MARKET LEADER for private hospital child delivery in the region.... award winning... stable earnings CAGR of over 20%....strong cash flow.... good dividend payout... and a regional expansion plan.
These are among the reasons why investors should keep Thomson Medical Centre on their radar screen, according to its CFO Tan Zing Yuen.
CHINA ERATAT: Fund managers visit factory producing 5m pairs of footwear/year
Written by Leong Chan Teik
Wednesday, 23 June 2010
THIS PHOTO is of models showing off China Eratat’s casual wear at a trade fair.
Stylish casual wear and footwear – instead of sportswear – has been the new focus of China Eratat, whose factory in China I visited last week with six fund managers at the invitation of the company. Read more… .
YANGZIJIANG, AVI-TECH ELECTRONICS: What analysts say now...
Written by The NextInsight Team
Tuesday, 22 June 2010
Avi-Tech is riding on the semi-con upturn.
SEMICONDUCTOR stocks are likely to benefit from an industry upswing. Avi-Tech Electronics was highlighted by analyst Kevin Tan this morning.
Meanwhile, Yangzijiang Shipbuilding is looking good on newsflow including the emergence of a Mid-Eastern investor and its interest in venture capital funds.
BEST WORLD: 6,000 distributors gather to celebrate 20th anniversary
Written by The NextInsight Team
Tuesday, 22 June 2010
DOREEN TAN (left, chairwoman of Best World) and Dora Hoan (CEO) arrived in style for their company’s 20th anniversary celebration recently.
The stock has firmed up on another type of celebatory sentiment: shareholder-friendly corporate moves in the form of a bonus warrant issue and share buybacks. Read more….
CHINA/HK: Shares jump on yuan chatter, but is Beijing bluffing?
Written by Andrew Vanburen (China Correspondent)
Monday, 21 June 2010
Hard Sell? Stronger yuan talk is raising markets... and eyebrows
A-SHARES WERE sharply higher today, with the Shanghai Composite Index up 2.90% at 2,586.21 and the Shenzhen index jumping by an even newsier 3.44%. Shares in Hong Kong added 0.74% to finish at 20,286.71.
However, rumblings of a decided dearth of substance, specifics and a lack of action related to Beijing’s three-day old announcement that it would liberalize the yuan-dollar exchange rate are beginning to temper market enthusiasm. Read more...
RMB rise - who wins? CLSA Singapore gives its take....
Written by The NextInsight Team
Monday, 21 June 2010
CHINA’S MOVE to appreciate RMB will raise consumption, and improve global buying power of the Chinese, according to a CLSA Singapore report this morning. However, the immediate impact on Singapore listed companies is marginal, with only a handful seeing negative operational impact from the exchange rate reset. Read more….
STRONGER YUAN: PRC carriers, paper companies biggest beneficiaries
Written by Andrew Vanburen (China Correspondent)
Monday, 21 June 2010
Wakeup Call: A stronger yuan reduces fuel costs and enriches PRC travellers
THE ANNOUNCEMENT by the People’s Bank of China that the yuan would be allowed to move more freely has spawned a spate of analysis on why Beijing was suddenly relenting.
And by the lunchtime break today, the benchmark index for Chinese A shares was up around 2%, suggesting that investors were also aboard the domestic consumption bandwagon.
The PRC press feels that the biggest initial beneficiaries of a potentially stronger yuan will be airlines and paper makers, while clothing and machinery firms will be hit the hardest. Read more...
CHINA ERATAT: Fund managers check out its operations in China
Written by Leong Chan Teik
Monday, 21 June 2010
China Eratat chairman (left) fielding questions from fund managers.
CHINA ERATAT, whose operations I visited with six fund managers last week at the company’s invitation, is an S-chip unlike many of its peers. It has no bank borrowings, has not made any cash calls since its IPO, and didn't issue any convertible bonds. It has not been smeared by any scandal. Read more….
INSIDER BUYING: Best World, AEI, Osim, UMS, Thomson Medical, etc
Written by Leong Chan Teik
Sunday, 20 June 2010
Ian Tan, CEO of AEI
AEI Corp’s CEO, Ian Tan, bought 500,000 shares on May 17 at 16.5 cents apiece, adding to his 200,000 share purchase on Feb 24.
Last week, AEI, which is riding on a tech boom, bought back 4.8 m of its own shares.
CHINA SHARES: Benchmark index down 1.8%, 2,000 key entry point
Written by Andrew Vanburen (China Correspondent)
Saturday, 19 June 2010
Several automakers are bargain buys
THE SHANGHAI COMPOSITE Index, the benchmark indicator for China’s A shares, fell another 1.8% yesterday to 2,513.22, ending the holiday shortened two-day trading week 2.2% lower.
A second-half floor of 2,000 points is seen for the index, a level which experts agree is a strategic one at which to enter the market. Widespread low P/E ratios in several sectors, notably power producers, automakers and coal firms, also present a variety of bargains. Read more...
SHENZHEN STORIES: Country girl's encounter with bustling Big City
Written by Andrew Vanburen (China Correspondent)
Saturday, 19 June 2010
Aki Shi, moving up the ladder in Shenzhen
IN THIS installment, we meet local IT professional Aki Shi, a marketing executive with a mobile telecommunications firm in Shenzhen.
The 25-year old native of Guangdong has lived in the city for the past three years, and says that although the cost of living is much steeper in Shenzhen than back home in Chaozhou, her decision to move to the big city has definitely been a net win as salaries here are much higher than in the countryside.
ARMSTRONG: CIMB lauds expansion, maintains ‘Outperform’ with 56ct price target
Written by Sim Kih
Saturday, 19 June 2010
Armstrong deputy CEO Steven Koh
LABOR STRIKES are spreading in China, where the growing income gap and mounting frustration among younger, urbanized workers that their wages have stayed relatively meager even as prices all around them -- particularly for housing -- have soared.
A Toyota plant in Tianjin was shut this week as workers demanded wage hikes, following a similar incident at Honda’s Guangzhou plant. Nevertheless, the management of auto component maker Armstrong remains unperturbed, according to CIMB analyst Jonathan Ng, who visited its Guangzhou facility this week. Read more…
SATS, FRASERS CENTREPOINT TRUST: What analysts say now…
Written by Sim Kih
Friday, 18 June 2010
SATS' baggage handling and ramp handling service.
SINGAPORE AIRPORT TERMINAL SERVICES is set to benefit from the opening of the two integrated resorts and the increase in air cargo demand arising from the global economy recovery, according to Credit Suisse.
And Frasers Centerpoint Trust will benefit from Singapore’s strong suburban retail outlook, says OCBC Investment Research.
After its recent listing in HK, Man Wah is now a HK$7 b company.
ONE OF our popular forumers is MacGyver, an astute investor.
Aside from giving his views on Singapore-listed companies, he has recently decided to follow up with Man Wah Holdings, which de-listed from Singapore last year.
MacGyver seems to have taken a liking for Man Wah. Read more…
ECS Holdings: '26 quarters of consistent growth - more to come from IT boom'
Written by Leong Chan Teik
Wednesday, 16 June 2010
Eddie Foo, CFO of ECS Holdings. Photo: Sim Kih
SPENDING BY companies and individuals on IT is on a tear, with many IT-related companies listed on the Singapore Exchange enjoying a boom in profit in recent quarters.
We have attended a number of these companies’ presentations to investors or analysts.
The one we went to yesterday was by ECS Holdings, whose 1Q net profit of $9.1 m was the best 1Q in its 25-year history.
ANWELL, Z-OBEE, HOTUNG: Three unusual announcements....
Written by Leong Chan Teik
Tuesday, 15 June 2010
Anwell chairman Franky Fan at the AGM this year
ANNOUNCEMENTS made yesterday evening by three companies listed on the Singapore stood out for being unusual in nature, including ....
A 5-year moratorium on a purchaser of 15 m shares of Anwell; and Z-Obee seeking a TDR listing just after a dual listing in HK. Read more….
HK SHARES: Rosier US consumers lift Hang Seng to one-month high
Written by Andrew Vanburen (China Correspondent)
Monday, 14 June 2010
US consumer sentiment is up, as are its football team's World Cup fortunes
HONG KONG shares recaptured recently lost ground, with the benchmark Hang Seng Index adding 0.90% today to close at 20,051.91, a one month high.
Improving consumer sentiment figures released over the weekend in the world’s biggest economy helped buoy shares in Hong Kong, especially listed Chinese firms with heavy exposure to external demand.
Meanwhile, mainland bourses took a break today in observance of Dragon Boat Festival. Read more...
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CHINA ENVIRONMENT shares shot up by 4.5 cents, or 22.5%, to close at 24.5 cents yesterday. 
THIS PHOTO is of models showing off China Eratat’s casual wear at a trade fair.
DOREEN TAN (left, chairwoman of Best World) and Dora Hoan (CEO) arrived in style for their company’s 20th anniversary celebration recently.
CHINA’S MOVE to appreciate RMB will raise consumption, and improve global buying power of the Chinese, according to a CLSA Singapore report this morning.
