Re:Yongnam Holdings ... by happin12th, Mar. 11:46 AM Super high volume this morning at 7.3 m shares already. Stock up ...
Re:China Gaoxian Fib... by Harlequin12th, Mar. 09:07 AM The fund manager & shareholder Ernest Lim has written an article ...
Re:Stock Picks for 2... by Harlequin12th, Mar. 08:56 AM Funny how some companies in unsexy businesses can hv fantastic ne...
Re:Best World by Bestworld11th, Mar. 07:38 PM 36m means nothing if there is No plan to return them to sharehold...
Re:Sitra by caterpillarsg11th, Mar. 06:59 PM Why is there no movement for this stock at all?...
BROADWAY: Sweet 2009 profit surprise, analysts say 'buy'
Written by Leong Chan Teik
Wednesday, 24 February 2010
SS Wong, chairman, Broadway Industrial
BROADWAY INDUSTRIAL shares were up by as much as 4.5 cents, touching 90 cents, in morning trading today after the company announced a surprise Q4 net profit of $10.1 million.
Mr SS Wong, the Broadway Industrial chairman, said: "We are seeing signs of recovery across most of our business segments.”
In their reports this morning, Kevin Scully, the NRA Capital executive chairman, and DMG & Partrners analyst James Lim are bullish on the business. Read more here.
11 DAYS, 25K USD: Insightful trader or insider trading?
Written by Andrew Vanburen (China Correspondent)
Wednesday, 24 February 2010
Between posts as vice-mayor and SOE exec, Li Jian made 25k usd in 11 days. Photo: Internet
A FORMER deputy mayor of a major industrial city in Southern China made a killing on a particular A-share – 170,000 yuan (25,000 usd) over 11 trading days to be precise.
While some are lauding him as a market wizard, others are suggesting that a bit more than enlightened wizardry may have helped him see a 25% ROI in such a short timeframe.
To read more on the Chinese media’s latest take on the Li Jian saga, click here.
YANGZIJIANG: Vision for steering through winter
Written by Sim Kih
Wednesday, 24 February 2010
Yangzijiang chairman Ren Yuanlin and CFO Liu Hua interact with investors after yesterday's results briefing. Photo by Sim Kih
LARGE SHIPOWNERS are no longer placing orders for new ships, says Yangzijiang chief Ren Yuanlin, who, however, has clear plans for steering his company through the business winter.
Such clear vision may be why Yangzijiang yesterday reported a 45% jump in its FY09 net profits whilst Cosco’s plunged 64%. Read more here.
KEVIN'S TAKE on ... the stock market correction
Written by The NextInsight team
Tuesday, 23 February 2010
READ MORE about the views of Kevin Scully, executive chairman of NRA Capital, who made a posting on his blog yesterday.
DEUTSCHE BANK has lowered its target price for Genting Singapore to 90.5 cents, but JP Morgan has maintained its 'overweight' call and $1.20 price target.
Read more here, including Deutsche Bank analyst's observations on her recent visit to the casino.
CHINA SHARES: Year of the Tiger comes in like lamb
Written by Andrew Vanburen (China Correspondent)
Monday, 22 February 2010
Bull, bear... or tiger? Now that Golden Week's history, where are A-shares?
SPRING IN THE West officially begins on March 21, and the month is usually described as coming in like a lion and going out like a lamb.
But according to the traditional Chinese Lunar calendar, spring begins a bit earlier, namely the first day of the Spring Festival which began last week.
So did the first day of trading in A-shares in the Year of the Tiger live up to its namesake?
ROXY-PACIFIC: After record performance, more to come?
Written by Leong Chan Teik
Monday, 22 February 2010
Roxy-Pacific develops residential properties and owns a hotel, Grand Mercure Roxy, opposite Parkway Parade.
ROXY-PACIFIC Holdings has just reported record revenue ($163.5 m) and profit ($27.9 m) for 2009. The question investors are asking is, can the trend continue? For a possible answer, read what analysts are considering here.
SEBASTIAN CHONG to hold 'Successful Investing' seminar
Written by The NextInsight Team
Sunday, 21 February 2010
Learn how Sebastian rides the bull on stocks.
HOW DOES Sebastian Chong ride the bull on stocks?
Answer: From studying financial statements, and understanding business trends, and from instincts honed over 30 years of experience.
You have an opportunity to ride on his expertise in a special seminar co-organised by NextInsight. Read more here.
SAIZEN REIT: Fair value 17 c, long-term buy
Written by Angelia Phua (NRA Capital)
Sunday, 21 February 2010
A Saizen REIT property in Sapporo.
"NEWS FLOW of credit access is expected to lift valuations to 32.3Scts and a target price of 22.5Scts (based on the same 30% discount rate), providing catalyst for further upward re-rating of Saizen.
"Further, Saizen is expected to start accumulating cash in 4QFY2010 and will resume dividend distribution in 2HFY2010 onwards, albeit nominal initially. Maintain Long-term BUY."
MY HOLIDAY in Tokyo in December 2005 was especially memorable as I got to travel with over 20 members of my immediate and extended family. We are a very tight-knit clan, and we would always gather together for Chinese New Year celebrations and family birthdays.
We enjoyed the winter atmosphere at a ski resort in Tokyo. It was a 8-day trip costing approximately $60,000 or about $3,000 on average per person.
(This article is part of an occasional series Boss on Holiday!) Read more here.
JUST ASK: 'Should we avoid S-chips entirely?'
Written by The NextInsight team
Saturday, 20 February 2010
Should we avoid S-chips entirely?
Reader: China Milk has turned out to be sour undrinkable milk, the latest S-chip scandal.
What do some savvy investors think about investing in S-chips?
Should we avoid S-chips entirely?
Find out why Musicwhiz, a value investor, steers clear of S-chips. And why Ernest Lim, an investment manager, loves to hunt for S-chips that could turn out to be big winners. Click here.
MAP TECH: Challenging FY09 dents P&L
Written by Sim Kih
Friday, 19 February 2010
MAP is in HDD components manufacturing.
HDD PLAYERS had a tough time in the earlier part of 2009, but the sector has been recovering.
To HDD component maker MAP Tech, 2009 was a time for thorough write-offs and provisions - the company looks forward to a clean slate in 2010.
MAP generated operational profits of US$1.6 million during 4Q09, but reversed an outstanding tax credit arising from the provision of doubtful trade debt.
This resulted in the bottom line loss of US$2.3 million. Read more here.