CFO Joel Leong: Changjiang's stock price is very cheap compared to peers.
CHANGJIANG FERTILIZER posted 2Q10 revenue growth of 56.8% year-on-year growth to reach Rmb 114.5 million, thanks to a 25% boost from its newly acquired plant in Xiangyin, Hunan.
Its CFO, Joel Leong updated analysts on the fertilizer’s manufacturer’s expansion plan today.
ROKKO, ACTION ASIA, BIOSENSORS: What analysts now say....
Written by The NextInsight Team
Friday, 30 July 2010
Action Asia shipped close to 1.5m DVD players (mostly portable type) in 2Q, up from about 1m in 1Q10.
ACTION ASIA, after a good set of results, is trading at 3.3x CIMB's forecast FY10 earnings. Rokko earned a 'buy' call from Lim & Tan Securities after an analysts presentation by the company. This morning, Nomura Singapore highlighted a positive surprise for Biosensors. Read more...
PAN HONG: 1Q2011 revenues up 269.9% at Rmb 88.2 million
Written by Sim Kih
Thursday, 29 July 2010
Mr Wong Lam Ping: Pan Hong is most conservative among property developers.
PAN HONG’s top line for 1Q2011 more than tripled year-on-year to Rmb 88.2 million (up 269.9%), as revenue was recognized for a higher number residential units handed over to buyers.
Despite China's property curbs, its executive chairman, Mr Wong Lam Ping, sees stable sector growth in the next few years.
CHINESE SHARES are trading near three-month highs thanks in large part to standout performances by financials and property as well as pro-growth policy initiatives.
Many investors may still be waiting on the sidelines for another big correction, but a leading authority on the Chinese stock market provides at least three in-depth reasons why these bystanders may be waiting for a long, long time. Read more...
BIOSENSORS, COMTEC SOLAR: What analysts say now....
Written by The NextInsight Team
Thursday, 29 July 2010
NOMURA SINGAPORE says: "Biosensors posted a good set of results: 1Q11 net profit (excluding one-off) exceeded our quarterly forecast by 15%."
Nomura reiterated its 'buy' call and $1.20 target price.
Meanwhile, Yuanta Research has initiated coverage of HK-listed Comtec Solar with a target price that has a 72% upside potential. Read more.....
ERATAT LIFESTYLE: Quarterly profit down 24% but optimistic about future
Written by Leong Chan Teik
Thursday, 29 July 2010
L-R: Eratat executive chairman Lin Jiancheng, CFO Ken Ho yesterday
ERATAT LIFESTYLE (formerly China Eratat Fashion) shares were weak yesterday, closing down 1 cent to 15.5 cents.
Reason: the company reported a 23.5% slide in net profit to RMB27.1 million for the quarter ended June 30.
However, the management was optimistic about the prospects, highlighting a RMB500 million orderbook. Read more...
CONSCIENCEFOOD: Indonesian noodle maker IPO at 22cts closes next Wed
Written by Sim Kih
Wednesday, 28 July 2010
CEO Djoesianto Law keeps A&P expense low through clever branding
INDONESIAN INSTANT NOODLE maker, Consciencefood, yesterday launched its IPO at 22 cents, at historical PE of 7.4 times. In comparison, locally-listed convenience food players like Super (9.8 times) or Food Empire (14.9 times) are trading at ten times or more.
Though smaller, Consciencefood enjoys more lucrative margins. Applications close on 3 Aug at noon and the shares start trading next Thu on 5 Aug.Read more…
C&G: Lively Q&A at investor meeting
Written by Sim Kih
Wednesday, 28 July 2010
A good crowd at CIMB Invest Centre at C&G's presentation.
CHINA CURRENTLY currently incinerates only 10% of its waste. With its rapid urbanization, municipal solid waste is expected to grow at 8% a year. C&G’s executive director, Mr Lin Yan, met investors yesterday at CIMB to explain why the company is one of China’s leading waste-to-energy player.Read more…
STEEL: 77 major China mills show rusty June performance
Written by Andrew Vanburen (China Correspondent)
Wednesday, 28 July 2010
Metal-urgent: Steel profits took a big June hit with even more hardship expected
GRADUALLY IMPROVED prices do not seem to be enough to boost profitability at China’s steelmakers, as 77 medium-to-large producers have shown significantly diminished sequential profits last month.
June net profits for the polled steelmakers totaled 6.25 bln yuan, down nearly 40% from the 10.04 bln recorded for the same firms in May, and things are looking even bleaker for the July-August period.
CHINA MARKET: Brokerages say A-share recovery still has steam
Written by Andrew Vanburen (China Correspondent)
Wednesday, 28 July 2010
Non-ferrous Wheel: Aluminum firms see support
THE ONGOING mini bull run in China’s A-share markets may still have gas left in the tank.
Since July 16, the Shanghai Composite -- the benchmark index for China’s A shares -- has won back a lot of its losses, which in the first half amounted to nearly 30% of the index’s value.
Several domestic brokerages weighed in on why there is still time to participate in the latest extended recovery.
THE FOLLOWING 9 tech stocks are picks of NRA Capital:
Serial System, Hisaka, Asti, MIT, Kinergy, Broadway, InnoTek, Avi-Tech, Riverstone.
They were highlighted at a recent seminar. Read more…
KEVIN SAYS: "I remain bullish on the electronics and tech sector"
Written by Kevin Scully (NRA Capital)
Tuesday, 27 July 2010
I remain bullish on the electronics and technology sector.... In a recent investment seminar, our analysts reviewed the electronics sector and recommended nine stocks in the sector (four more than in my Stock Picks). Read more...
CHINA/HK SHARES: Policy optimism lifts Index 0.65%, Hong Kong edges higher
Written by Andrew Vanburen (China Correspondent)
Monday, 26 July 2010
Loose credit expectations buoyed shares
CHINESE A SHARES rose by 0.65% today, with the Shanghai Composite Index finishing at 2,588.68 on strength from agricultural and property counters.
It was the sixth straight winning session for the benchmark Index.
Shares in Hong Kong also closed up, rising 0.12% today to 20,839.91.
SOME INVESTORS take leave from work in order to attend AGMs where they go up to the management and seek to understand the company’s business better – and its prospects. One such investor is Royston Yang, a finance manager, who turned up at MTQ Corporation’s AGM last Friday.
He spoke with Mr Kuah Kok Kim, the chairman of MTQ, and William Fong, the Group Financial Controller. Read more ....
TEHO: Key customer is PSA, now eyeing China market
Written by Sim Kih
Monday, 26 July 2010
CEO Lim See Hoe wants to continue to focus on the marine sector, whiich is a replacement market.
SINGAPORE’S LEADING supplier of mooring and rigging equipment, Teho, has long had PSA as its key customer and enjoyed the shipping boom in Singapore ports.
Now it wants to extend its distribution network to Shanghai as the Chinese city rapidly gains importance as a shipping hub.
Its CEO, Mr Lim See Hoe, shares insights with NextInsight.
FION PHUA, Tee Up Marketing Enterprises (HP: 9760-5080)
Dear advertisers...
NOMURA SINGAPORE says: "Biosensors posted a good set of results: 1Q11 net profit (excluding one-off) exceeded our quarterly forecast by 15%."
THE FOLLOWING 9 tech stocks are picks of NRA Capital: 
FUXING CHINA GROUP is in the non-sexy business of manufacturing zippers – and it has been the subject of a series of positive analyst reports. 