Re:market correction... by happin31st, Jul. 06:07 PM Markets are inherently unpredictable beasts, so I wouldnt get too...
Re:market correction... by peter lee31st, Jul. 02:36 PM Hello ,
can someone tell me why the current run can last till ...
Re:market correction... by Harlequin31st, Jul. 11:54 AM What stocks to bet on for short-term?
Seems like quite a few goo...
Re:China Gaoxian & A... by Harlequin31st, Jul. 11:53 AM Gaoxian reporting results on Tues, Aug 10.
http://www.nextinsi...
Re:market correction... by MacGyver30th, Jul. 04:11 PM Market is bullish again.. Good trading period from now to early-m...
SUNPOWER, UNITED ENVIROTECH: Latest announcements...
Written by NextInsight team
Saturday, 24 October 2009
Prof Guo Hong Xin, chairman of Sunpower. Photo by Sim Kih
SUNPOWER GROUP has clinched a RMB18.5 million contract with Zhejiang Yisheng Petrochemical Company Ltd. to manufacture, and supply two sets of special-material oxidation reactor equipment. UNITED ENVIROTECH has strengthened its recurring income base with a newly secured BOT (Built-Operate-Transfer) project, which will have a positive impact on the Group's performance in FY10.
OUR FORUM receives quality postings from time to time – and you would have done well if you had read some threads early enough, such as: * Techcomp has soared 65% since Morpheus first highlighted the stock here. * Sinotel Technologies has gone up 270%. Thanks Shuishui for starting this thread. * China Eratat has shot up 285%, cheered on by Bestworld (who appears to be holding the stock still) with his long-running thread here.
To view all other threads - and to post your stock ideas - click on the INVESTOR FORUM button on the top lefthand corner of this page.
CHANGJIANG: Smaller than China XLX, but with far better margins
Written by Sim Kih
Friday, 23 October 2009
About 50 investors gathered at a meeting this week, which Changjiang held at Capital Towers in conjunction with the commencement of trades in its shares. Photo by Sim Kih
TRADING IN Changjiang Fertilizer started yesterday with the second fertilizer producer listed on SGX closing at 31.5 cents, or 8.6% above the issue price of 29 cents per share.
Located in Hunan, Changjiang serves southern China while China XLX, the first fertilizer producer to list on SGX, serves two major agricultural provinces further north.
Changjiang Fertilizer is only a tenth the size of China XLX, but the former is more lucrative, based on 1H09 results.Read about it here.
LORENZO: New S$14-m factory a busy hive of activity
Thursday, 22 October 2009
Lorenzo's new factory is rushing production for Christmas orders.
FURNITURE MANUFACTURERS like Lorenzo International are busy these days.
For Lorenzo, it was good timing that it could move into its new factory near Shanghai, and start operations in August this year.
By the second half of next year, that factory could be producing 150% more furniture sets from its China factory, said Lorenzo’s Finance Director, Mr Lee Fut Hua.
CHINA TAISAN, CHANGJIANG FERTILISER: Latest announcements.....
Wednesday, 21 October 2009
Knitting machine at China Taisan
CHINA TAISAN's order book stood at RMB205 million as at 15 October 2009 as the enquiries of new fabric prototypes have translated into confirmed orders.
CHANGJIANG FERTILISER HOLDINGS, an established coal-based fertilizer producer of nitrogenous fertilizer in Hunan Province, China, successfully completed the compliance placement of 84,400,000 ordinary shares.
L-R): Pearl Peng, consultant, Aries Consulting, Mark Lee, executive director, Aries Consulting, Larry Lo, MD, Westminster Travel Ltd
WESTMINSTER TRAVEL, which is listed on the Singapore bourse, was awarded the “Best Travel Agency-Hong Kong” of TTG Travel Awards 2009 for the second consecutive year.
As the global economy recovers and travellers head for the skies again, Westminister is ready to capture a slice of the action.
It recently moved into a new office – a sign of its business foresight and growth plans.
At ASL's yard in Batam: A new ship resting on 'balloons' which will make the launch into the water smoother. Photo by Leong Chan Teik
ASL MARINE’S business of building ships is not exactly looking great – not when it has not received a single order for the past 12 months. But ASL does have a big shipbuilding order book of $523 million on hand to keep its yard in Batam busy for the next two years.
The company has another core business which it is focusing on – shiprepair. Click here for why analysts have a 'buy' rating after visiting ASL's yard in Batam.
OCEANUS: An ocean of opportunity?
Monday, 19 October 2009
Oceanus jv restaurant has just opened in Orchard Central. NextInsight photo
THE LATEST about Oceanus is its restaurant in the chic Orchard Central, where crowds have been spotted enjoying the abalone dishes.
This is just one outlet of 170 that Oceanus plans to open by 2011. Operating mainly in China, the chain will be spun off in an IPO.
Find out more about the restaurants. How enormous is the scale of its abaone farm business? Click here.
Bull's eye! Articles you should have read in Mar/Apr
Sunday, 18 October 2009
The Edge weekly's 5 picks as recommended about six months ago - boy, how they have soared!
AS WE JOURNEY through the last quarter of this year, at a time when many stocks have soared, it’s fascinating to go back to when things looked really bad about six months ago.
From our archives (the button is at the top lefthand corner of this homepage):
Mr Sun speaking at a steel industry event in Monte Carlo.
SHANGHAI J. SUN Trading Consultants Ltd is this year celebrating 10 years of professional service to steelmakers, raw materials traders and logistics firms - even as it predicts that the steel industry in China will struggle to make a profit this year and next.
The Shanghai-based consulting firm is sited within a short drive of some of the country’s largest steel mills, including China’s biggest listed steelmaker – Baosteel.To find out what founder and managing director Sun Jianliang said in an interview with NextInsight, click here.
PALM OIL STOCKS, GOODPACK, YANGZIJIANG: What analysts now say....
Saturday, 17 October 2009
Source: Bloomberg, Morgan Stanley Research
MORGAN STANLEY RESEARCH has just made a ‘buy’ call for palm oil stocks.
”We believe Crude Palm Oil (CPO) price risk is now skewed to the upside – buy Golden Agri, Indofood Agri and KL Kepong.These companies are highly leveraged to the CPO price, and we think they will show the highest sequential improvement in the coming quarter’s results,” it said.
OCBC Securities has a ‘buy’ also on Goodpack, while DBS Vickers has raised its target price for Yangzijiang Shipbuilding. Read more here.
Leading Chinese chemical fibre player sets example on transparency
Written by Sim Kih
Friday, 16 October 2009
CFO Raymond Wong and CEO Cao Xiangbin (right) fielding investor questions yesterday. Photo by Sim Kih
THIS YEAR’S LARGEST IPO on SGX, Gaoxian Fibre, was not obliged to release its Q2 results, but it still did as “many shareholders and potential shareholders would like to know, and we would like to be transparent,” said its CFO, Raymond Wong.
He was speaking at a meeting with investment professionals yesterday at Fullerton Hotel, to update them on the business of the newly-listed leading Chinese maker of high-end differentiated polyester yarn.
The company is the most profitable textile player listed on the SGX. Read our coverage here.
LION ASIAPAC: Trading at discount to cash
Thursday, 15 October 2009
*** Lion Asiapac has issued an announcement this evening on its AJA share disposal.
Lion Asiapac traded as low as 9.5 cents in March this year
LION ASIAPAC is one of those companies whose equity investments in other companies have turned out great guns – and they are cashing in.
Lion Asiapac is disposing its stake in Anhui Jianghuai Automobile, which is listed on the Shanghai Stock Exchange (where valuations have gone up sharply!).
A NextInsight reader, who is a professional in the investment community, wrote an article on Lion Asiapac trading at an unbelievable discount to its net cash (after fully disposing of the AJA stake).
GOLD PRICES are now at record levels at over US$1,000 an ounce, having multiplied fivefold against the US dollar in the past decade.
Has Chasen struck gold with its recent acquisition of ASX-listed gold mining company, Great Bendigo Goldmines? Read more about the Catalist-listed logistics player here.
GEM board not the only recent shot-in-the-arm for SMEs
Written by Andrew van Buren, China correspondent
Tuesday, 13 October 2009
Chinese sportswear fabric maker Taisan may benefit from pro-SME procurement policies. Above: Taisan's fabric used in sports apparel.
CHINA’S RECENTLY-LAUNCHED small and medium sized enterprise-heavy stock exchange in the southern boomtown of Shenzhen is not the only thing lifting the spirits and toplines of SMEs in the country.
The Cabinet is actively encouraging a “Buy SME” policy among provincial governments to lend a helping hand to the vast network of such firms in the country, suggesting just how important a role these often overlooked players play in the country’s vast economic matrix in terms of overall stable development.
To read more about how Beijing is helping SMEs nationwide secure both loans and orders, click here.
OTTO MARINE: Highlights of our visit to its Batam yard
Monday, 12 October 2009
Tom Chua showing analysts around the Otto Marine yard. Photo by Leong Chan Teik
TOM CHUA, a Singaporean, has lived most of his last 13 years on Batam, overseeing the building of ships. He is the general manager of PT Batamec, which is 95.222% owned by Otto Marine.
Along with a group of analysts, we recently visited this shipyard of Otto Marine, which listed on the Singapore Exchange in Nov 2008.
We highlight in this story some key features and people that we encountered.
THOMSON MEDICAL delivers!
Written by NextInsight Team
Sunday, 11 October 2009
Thomson suite: Room 526. Photo courtesy of Thomson Medical
THOMSON MEDICAL is a steady grower which is venturing into Vietnam where it might find an added sizzle to its business.
“The potential is incredible, and it’s an area we intend to expand into,” says Mr Allan Yeo, its CEO. Find out more about the hospital, which has been accumulating awards. Click here.
Lower iron ore prices for China steel group
Written by Andrew van Buren (China correspondent)
Saturday, 10 October 2009
Mining operations by FMG, one of the world's leading producers of iron ore.
CHINA, BOTH the world’s largest steel producer and iron ore importer, is not directly linking a financing deal with Australian miner FMG with preferential prices for imports of the raw material.
In an article translated from the Chinese press, an official from The China Iron & Steel Association (CISA) said that the industry group had negotiated lower prices for some types of iron ore from FMG until year-end but that the agreements were unrelated to a financing deal as far as CISA was concerned, and that was the realm of the Finance Ministry.
To read more about the latest in the often contentious relationship between miners and mills, click here.
IPO euphoria or undiscovered gem?
Written by Sim Kih
Friday, 09 October 2009
Our target customers are the dominant players like oil majors, said CEO Gu Wenlong. Photo by Sim Kih
PETROCHEMICAL LOGISTICS player Hengyang opened today on Catalist at 50 cents, more than 30% above its IPO issue price of 38 cents per share.
Is the price surge merely IPO euphoria, “petrochemical” concept euphoria, or is this truly an undiscovered gem?
Well, its net margins are as high as 30%+, which is somewhat rare for a defensive stock.
The growth rate in the chemical industry tracks global economic growth.
DARE TO CHALLENGE: The SIAS Story launched by Minister for Finance, Mr Tharman Shanmugaratnam.
DARE TO CHALLENGE: The SIAS Story captures the essence of the first 10 years of the Securities Investors' Association of Singapore (SIAS).
In particular, it is about how SIAS' president and CEO, Mr Gerald David, and his team fought to help get back the CLOB shares that were frozen by Malaysia during the Asian financial crisis.
The book, authored by former Straits Times journalist and NextInsight's co-founder Leong Chan Teik, was launched last night at the SIAS Investors' Choice Awards gala dinner.
FION PHUA, Tee Up Marketing Enterprises (HP: 9760-5080)
Dear advertisers...
