FRENCKEN GROUP started buying back its shares in March after releasing its 1Q results. Since then, it has bought 9.237 m shares – without causing a spike up in the stock price.
Last week, it understandably resisted buying more after the stock price shot up 8.5 cents, or 32.7%. Read more….
Did you miss these stories?
Written by The NextInsight Team
Saturday, 17 July 2010
Tech-related companies are expected to report strong 2Q earnings over the next few weeks. Here are some of our recent stories on some of them:
OCEANUS (No.1 in abalone farming): Venturing into lobster farming
Written by Sim Kih
Saturday, 17 July 2010
Oceanus executive chairman Dr Ng Cher Yew (left) with the GM of its lobster aquaculture partner.
FOLLOWING ON its success with abalone aquaculture, Oceanus now wants to breed lobsters too.
Yesterday afternoon, it inked a JV deal with a leading Aussie lobster aquaculture technology company, which has successfully propagated at commercially viable survival rates.
I HAVE often been asked by fund managers ‘Where would you put your money?’ I wish I could, but given compliance reasons, I don’t invest in stocks that my team covers.
So the next best thing is to show what I would do if I were given S$1m to invest. Read more....
12 BLN USD Argentina rail deal sends China rolling stocks soaring
Written by Andrew Vanburen (China Correspondent)
Friday, 16 July 2010
China-built rails will help get Argentina's soybeans to port
A NEARLY 12 bln usd rail project agreement between China and Argentina sent listed railway stocks soaring Wednesday on the news, including Hong Kong-listed China South Locomotive (HK: 1766; SHA: 601766) and China North (SHA: 601299).
But several gave back gains yesterday.
The deal is likely to put to rest a trade spat between the two countries. Read more...
BERLIAN LAJU, TECH STOCKS: What analysts now say.....
Written by The NextInsight Team
Thursday, 15 July 2010
CIMB says value has emerged in Berlian Laju Tanker after a 51% slump in its share price over the past three months.
DBS Vickers expects Broadway, Hi-P and Venture to record sequential growth, Meiban to be flat, Creativeto remain in the red and Longcheer would be slightly down q-o-q. Read more….
CHINA SHARES: Which direction after 30% 1H fall in Shanghai index?
Written by Andrew Vanburen (China Correspondent)
Thursday, 15 July 2010
Dizzying: Most analysts say 2H policy, especially for the property sector, will move markets one way or another
WHAT GOES UP must come down, as the saying goes.
Luckily for China’s capital markets, the reverse is also true.
Four mainland brokerages provided medium-term forecasts on where the country’s A-shares are headed after the benchmark Shanghai Composite Index shed nearly 30% in the first half, the second worst performer globally.
LENOVO: Wants back into global top 3, LePhone overseas launch looms
Written by Andrew Vanburen (China Correspondent)
Thursday, 15 July 2010
LePhone is eyeing a 2H ex-China launch
LENOVO GROUP Ltd (HK: 992) is hoping to move back into third place for global PC market share after Taiwan's Acer recently grabbed the spot.
NextInsight also learns from a company official that the Beijing-based firm -- best known for its computers -- is eyeing more contribution from higher-margin products like the Android-based LePhone, its answer to Apple’s iPhone.
STAMFORD TYRES: Leading distributor opens new markets
Written by Sim Kih
Wednesday, 14 July 2010
Stamford Tyres drew a good crowd at CIMB for its corporate presentation. Photo: Leong Chan Teik
LEADING SOUTHEAST ASIAN wholesale tyre distributor, Stamford Tyres, met investors at CIMB Securities yesterday to explain its integrated business model. Its president, Mr Wee Kok Wah, touched on the challenges of wearing multiple hats of being wholesaler for several big tyre names, and promoting Stamford's own proprietary products. Read more…
S-CHIPS: 'Ridiculously valued' ones waiting to be discovered by big-name investors
Written by Leong Chan Teik
Wednesday, 14 July 2010
The Edge Singapore this week quoted Lui Yenli, director of corporate advisory at Stirling Coleman Capital,as saying that there are more gems in the S-chip sector that are yet to be discovered by big-name investors. And many are still “ridiculously” undervalued, said Lui. Read more...
THOMSON MEDICAL, CHINA MINZHONG : What analysts now say...
Written by The NextInsight Team
Wednesday, 14 July 2010
THOMSON MEDICAL’S 3Q earnings rose 38.7% YoY to S$4.8m. DMG & Partners has maintained its ‘buy’ call on the stock and its target price.
DMG & Partners has initiated coverage of China Minzhong. Read more…
KEVIN SCULLY: "Why I remain bullish on stocks and the S'pore market"
IN RECENT YEARS, some shipping trusts have been publicly listed. Are these trusts valid investments?
The answer: it depends. As usual, the devil is in the details. The biggest question is whether the trust is structured as a going concern or a self-liquidating vehicle.
Dr Fu Yong, the 'S-chip sage', is back in action with a major fund
Written by Andrew Vanburen (China Correspondent)
Tuesday, 13 July 2010
'S-chip sage' Fu Yong is back after a hiatus
DR FU YONG is a Chinese fund manager often referred to as the 'S-chip sage' for his history of favouring Singapore-listed Chinese firms.
When he won the 2007 Fund Manager of the Year award in his category, he had a high water mark of seven S-chips among his fund's top 10 holdings in the second half of that year.
Dr Fu has now taken on a new position with a Shanghai-based 8.6 bln yuan fund of Changxin Asset Management. Read more...
CHINA/HK SHARES: Property leads way on credit thaw
Written by Andrew Vanburen (China Correspondent)
Monday, 12 July 2010
China Vanke was a big winner today
CHINA'S BENCHMARK Shanghai Composite Index closed up 0.80% today at 2,490.72, nearly ending above the key 2,500 barrier, thanks to reports of credit loosening measures in the real estate sector.
Meanwhile, the Hang Seng Index which tracks Hong Kong's bourse finished up 0.44% at 20,467.43, with developers leading the way there as well. Read more...
8TELECOM strikes gold in China's urbanization
Written by Sim Kih
Monday, 12 July 2010
CEO Ye Tianyun is excited over opportunities to foray into real estate arising from urbanization around Hangzhou's vicinity.
CHINA’S URBANIZATION is a pot of gold for 8Telecom, whose CEO (left) was in town last week to meet investors..
Not only is high demand for a changing cityscape fueling demand for 8Telecom’s innovation solution that makes telecom towers mobile, the industrial factory land that it has been able to obtain near Hangzhou is fast becoming prime commercial real estate.
INSIDER BUYING: InnoTek, Bonvests, China Animal Healthcare, Hi-P, etc
Written by Leong Chan Teik
Sunday, 11 July 2010
HENRY NGO, the executive chairman of Bonvests Holdings, bought 1.225 million shares of Bonvests in the open market last week. Bonvests owns the Sheraton Towers in Singapore.
Another interesting buy was Gazelle Capital boosting its stake in InnoTek by 8 million shares through a married deal.
SHENZHEN EXPAT: Kiwi teacher makes a pretty penny by working hard
Written by Andrew Vanburen (China Correspondent)
Saturday, 10 July 2010
New Zealander Ian MacCleoud loves his job
IN THIS Shenzhen expat story, we meet Mr. Ian MacCleoud, an educator from New Zealand, who has been teaching in Shenzhen for the last two years.
"I came with the original intention of giving it a year, tops. But it is such a rewarding job that I pushed for another year... you can make a pretty penny here, depending how hard, and how well, you want to work."
FION PHUA, Tee Up Marketing Enterprises (HP: 9760-5080)
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FRENCKEN GROUP started buying back its shares in March after releasing its 1Q results. Since then
I HAVE often been asked by fund managers ‘Where would you put your money?’ I wish I could, but given compliance reasons, I don’t invest in stocks that my team covers. 
CIMB says v
The Edge Singapore this week quoted Lui Yenli, director of corporate advisory at Stirling Coleman Capital,
THOMSON MEDICAL’S 3Q earnings rose 38.7% YoY to S$4.8m
HENRY NGO, the executive chairman of Bonvests Holdings, bought 1.225 million shares of Bonvests in the open market last week. Bonvests owns the Sheraton Towers in Singapore.
