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?...
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.
KEVIN's take on ... CHINA ANIMAL HEALTHCARE, JAYA HOLDINGS
Written by Kevin Scully
Friday, 19 February 2010
China Animal Healthcare's Q4 figures.
"What is more important is the Q4-2009 figure (for China Animal Healthcare), which saw revenue higher by 36% to RMB132.5m and net profit higher by 44% to RMB50.5m. Just annualising the Q4-2009 figure alone will give a net profit figure of about RMB200m for 2010 but this doesn’t include its new acquisitions." Read more here.
OTTO MARINE, COMTEC: More good deals
Written by Sim Kih
Thursday, 18 February 2010
Otto Marine CEO Lee Kok Wah
OTTO MARINE, a leading offshore marine group listed on the SGX, has won a 3-year bareboat charter contract from Petra Resources Sdn Bhd for a 300-man accommodation work barge.
COMTEC SOLAR Systems, a leading PRC-based manufacturer of mono crystalline solar wafers listed on HKSE, also won a deal to supply to Nasdaq-listed China Sunergy.
CHINA GAOXIAN: Unloved stock (2.6X forecast 09 PE!) with great potential
Written by Ernest Lim
Thursday, 18 February 2010
China Gaoxian's high-end yarn is used for making bedding, etc.
CHINA GAOXIAN is deeply undervalued based on cheap valuations, respectable return on equity and dividend yield, strong operating cash flows, and a play on the domestic theme in China.
I believe the investment merits more than outweigh the risks of poor sentiment and limited financial track record.
Applying a conservative PE of 6.2x to FY10F earnings, it could trade to about S$0.335 in a year’s time. Read more here.
CHINA NEW TOWN sold RMB203 m land to S'pore company
Written by Leong Chan Teik
Wednesday, 17 February 2010
China New Town's project is near to Wuxi city centre and its airport.
CHINA NEW TOWN’s financial performance depends on the frequency of land sales it can achieve – and the price, of course.
It recently announced that it had sold two residential land parcels located in Wuxi.
The price: a little more than RMB2,000 per sq m, which was higher than the last transacted price of RMB 1,500 in October 09.
