What do you think of this stock? What i can see is that the results have been steadily rising in the past few years, despite the 2008/2009 financial crisis. The wastewater treatment profit is rising fast, which is going to help smoothen the lumpy earnings from Engineering. Still a small-cap company at about $100+ million, no where near Hyflux ($1 billion) and Sinomem. What do you think?
The treatment division is very promising. We can expect the earnings to double once both plants are completed. The EPC division on the other hand has very lumpy earnings since it is a contract based business. I think their order book has shrunk rapidly since they have finished with their MBR plant. Don\'t expect similar earnings from Q2 11 onwards unless they clinch new EPC contracts. My 2 cents.
Today\'s volume is quite substantial. Market must have got wind of new loan arrangement and potential new contracts coming soon. Watch out for announcement of dual listing approval from Taiwan authorities (submitted since April)
In Googling 'nextinsight' and 'united envirotech', I could only find this forum thread. Looks pretty old. No one interested in this stock? I have held it for more than 1.5 years and it's doing great relatively speaking in this China slowdown.Just look at the stock price today climbed to 39.5 cents. vol 6.581 million shares. It's a beautiful stock.
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Today\'s volume is quite substantial. Market must have got wind of new loan arrangement and potential new contracts coming soon. Watch out for announcement of dual listing approval from Taiwan authorities (submitted since April)
