China Water Manager Nick Huang. Photo: Andrew Vanburen
IN CHINA, 54% of households are not connected to water pipelines, 74% are not equipped with bathing facilities and 77% lack proper or any type of lavatories.
These figures are drastically out of synch with China’s phenomenal economic expansion and China Water Affairs Group (HK:855) is confident that it will see tremendous benefits in helping bridge the gap.
Click here to read more from the company’s manager.
CHINA NEW TOWN: Showing up in force in Singapore
Written by Leong Chan Teik
Thursday, 04 March 2010
Shi Jian, executive chairman, China New Town.
THE BIG GUNS of China New Town showed up in Singapore, to meet analysts and fund managers following the announcement of a RMB166.6 m profit for 2009 after two consecutive years of losses.
The company management who came included Mr Shi Jian, founder and chairman, and newly-appointed CEO, Mr Li Yao Min, who is concurrently co-vice chairman.
Also in town: Stan Yue, co-vice chairman. Read more here.
KEVIN'S TAKE on....HOCK LIAN SENG
Written by Kevin Scully
Thursday, 04 March 2010
THE GROUP also has investments in listed equites of about S$8.27mn which they purchased in early 2009 - they now have a capital gain on these investments of S$4.24mn.
ANWELL enjoys brighter prospects in solar industry
Written by Leong Chan Teik
Wednesday, 03 March 2010
Ken Wu, CFO, Anwell
CHINA’S VAST AND generous incentives to stimulate a green energy revolution in the country have brightened the prospects of Anwell Technologies.
Right away, Anwell is in line to receive up to RMB20.1 m in subsidies.
And the sale of its high-tech manufacturing equipment for solar panels in China would come easier not only because of government incentives but also because Anwell has home ground advantage.
CHINA VANKE: Developer's 09 revenue of 48.9 bln yuan again tops globe
Written by Andrew Vanburen (China Correspondent)
Wednesday, 03 March 2010
Vanke's chairman expects property boom to last at least 3 more years. Photo: Vanke
CHINA VANKE Co (SZA: 000002), the country's largest listed property developer, is once again the world's top real estate firm, after announcing Monday that its 2009 operating revenue rose 19.2% to 48.9 bln yuan, producing a net profit over the period of 5.3 bln yuan, up 32.1% year-on-year.
And the Shenzhen-based firm shows no signs of slowing down, aiming to increase its land bank by 8.55 mln square meters or 52.1% this year.
Click here to see what the company's chairman told the PRC press.
KEVIN'S TAKE on ... SINOMEM TECHNOLOGY
Written by Kevin Scully
Wednesday, 03 March 2010
The 2009 results came in better than expected slightly exceeding the high end of my forecast which was S$20-23mn for FY2009.
CHINA GAOXIAN, CJ FERTILIZER: What analysts now say....
Written by The NextInsight Team
Tuesday, 02 March 2010
Allen Jiao, an analyst with UOB Kay Hian Research, says: "Gaoxian is trading at 2.5x 2010F PE and 2.1x 2011F PE, reflecting a more than 50% discount to its Singapore-listed peers’ 2010F PE. The Group’s current valuation seems attractive given its more stable performance during the industry downturn and its superior growth prospects. We reiterate our BUY recommendation with target price remaining at S$0.40." Read more here.
COURAGE MARINE: Profit rebound in Q4, surprising 3.7% dividend yield
Written by Leong Chan Teik
Tuesday, 02 March 2010
Chairman Hsu Chih-chien, 51.
COURAGE MARINE'S Q4 was a profitable quarter (US$2.948 m) after three consecutive quarters of losses, saving the full-year result from being a loss-making one.
The net profit was US$75,000 for the full year, which is teeny weeny, but Courage Marine has proposed a first and final dividend of 0.472 US cent.
That's a dividend yield of 3.7%, which some shareholders will certainly appreciate.
KEVIN'S TAKE on ... INNOTEK (dividend yield of 12.5%)
Written by Kevin Scully
Monday, 01 March 2010
FOR THE full year, Innotek reported a decline in revenue of 14.3% to $361.5mn and net profit of S$9.4mn compared to a loss of S$6.3mn in 2008. The company is proposing a final dividend of 5 cents (same as 2008) which at S$0.40 gives you a dividend yield of 12.5%. Read more here.
TECHCOMP: What recession? 2009 was a record year!
Written by Leong Chan Teik
Monday, 01 March 2010
Richard Lo, President & CEO, Techcomp.
SOME ATTENDEES at a meeting with Techcomp management last Friday prefaced their questions with congratulatory remarks.
Techcomp had just reported a US$7.4-million record profit, which wiped off the anguish that Techcomp management and investors had experienced when an otherwise record profit in 2008 was slashed by forex losses.
SUNPOWER delivers results in the wake of China's recovery
Written by Sim Kih
Sunday, 28 February 2010
Sales of Sunpower's pressure vessels are expected to outperform this year.
LEADING HEAT TRANSFER technologies specialist Sunpower has posted a 57% gain in net earnings of Rmb 70.6 million for FY09. Operating cash flow jumped fourfold to Rmb 97.4 million.
"We signed an agreement for SINOPEC to promote our products internationally," said executive chairman, Prof Guo Hongxin.
At an investor briefing, the scientist explained that this development is very important for the company's expansion. Read more here.
THE GROUP also has investments in listed equites of about S$8.27mn which they purchased in early 2009 - they now have a capital gain on these investments of S$4.24mn.
The 
