Latest Posts By Blanchard - Senior About Blanchard |
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02-May-2013 18:16 | IPO / Croesus Retail Trust Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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http://www.btinvest.com.sg/markets/news/61330.html?source=si_news http://sgx.i3investor.com/servlets/fdnews/42936.jsp Is this a good  IPO to apply for? |
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02-May-2013 09:46 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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http://finance.yahoo.com/news/cermaq-asa-cermaq-continues-process-232602469.html  ...acquisition fight continues... await new development...
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02-May-2013 09:40 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Cermaq comments on Marine Harvest`s conditional, unsolicited takeover offer: Cermaq continues process to complete Copeinca transaction and deems Marine Harvests conditional, unsolicited offer as inadequate... |
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01-May-2013 05:32 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Latest surprising development: Marine Harvest makes takeover offer for Cermaq - http://www.undercurrentnews.com/2013/04/30/marine-harvest-makes-takeover-offer-for-cermaq/ It's really a fish eat fish world!!!... Looks like China Fish has very good chance of acquiring control of the valuable Copeinca... |
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30-Apr-2013 16:05 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Your rights issue shares should have been credited into your securities account on 22 Apr 13. CDP did send out  a statement to inform us.
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30-Apr-2013 09:47 | Midas / Midas Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Midas AGM today...10 am. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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30-Apr-2013 02:34 | AUSSINO / AUSSINO - Myanmar U Zaw Zaw Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Channel News Asia report: http://www.channelnewsasia.com/news/business/singapore/sgx-rejects-myanmar-tycoon-s-backdoor-li/658130.html | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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29-Apr-2013 18:03 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Cermaq kicks off tender offer for Copeincahttp://www.undercurrentnews.com/2013/04/29/cermaq-kicks-off-tender-off-for-copeinca/ For your reading pleasure... |
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29-Apr-2013 17:33 | Yongnam / Yong nam Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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At least there is still a stong hope of getting the contract...
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29-Apr-2013 17:18 | Yongnam / Yong nam Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Yongnam - CAPE - JGC Consortium submits proposal for Yangon International Airport concession   |
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26-Apr-2013 16:52 | Olam Intl / OLAM_OLAM Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Not vested.... Seems like Olam is changing from being relatively " Impatient with growth, patient with profit" to being " Impatient with profit, patient with growth" ... | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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26-Apr-2013 16:21 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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  Wah.....
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26-Apr-2013 12:05 | YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Agreed... Good management dares to stand up to  scrutiny...
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26-Apr-2013 11:09 | YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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  " The shipbuilding industry has been in a downturn for some time now, and we believe that we have hit the trough as we recently saw signs of renewed activity within the industry. As such, we have been actively engaging interested ship owners in the hopes of winning new orders for the Group in the near term. Although we are by no means unaffected, I am pleased to report that Yangzijiang’s performance has remained relatively strong. The Group has managed to brace itself from the brunt of the downturn by identifying industry cycles ahead of time, and developing strategies to counter any negative headwinds. The current down cycle has spurred the Group to strengthen our business model by establishing diversified revenue streams which includes ship breaking, ship repair, and an offshore segment. While we devote time and effort on building up these segments to complement our core business of shipbuilding, we have remained vigilant to developments in the shipping and shipbuilding industry. Increasingly, we have noted heightened interests and enquiries for eco-ships. We believe this trend developed as shipping companies endeavor to adapt to an increasingly difficult operating environment. Apart from lower emissions which will fulfill the stricter requirements of regulatory bodies, eco-ships benefit companies in significant cost savings through a change in vessel design and fuel efficiency. In this operating climate, these cost savings will be imperative to ship owners due to its direct impact on the bottom line. The Group has a range of vessels which fall into the eco-ship category, including the 4,800 TEU and 10,000 TEU containerships, as well dry bulk carriers from 34,000 DWT to 82,000 DWT. With an established track record, I believe that the Group will benefit from this trend as we make continuous improvements on our technology and quality of vessels. As we further develop our strengths in the core shipbuilding segment and leverage on emerging trends to improve our performance, the Group will simultaneously build on our complementary businesses which we believe will support the Group through these difficult times. When the shipbuilding industry recovers in due time, the Group will be in a strong position to capitalize on opportunities that arise from the various segments."
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26-Apr-2013 10:53 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Nice to see China Fish price hit 0.40 today... Got buying interest... |
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26-Apr-2013 02:35 | YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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24-Apr-2013 23:26 | ThaiBev / up or down on debut? Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Note: Record date for the dividend of THB 0.28 per share is 2 May 13. Date paid is 22 May 13. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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22-Apr-2013 22:03 | F & N / F&N Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Channel News Asia: Shares of Fraser and Neave (F& N) slumped to a six-month low on the Singapore Exchange after the company resumed trading following a two-month halt. Analysts attribute the drop to shareholders selling out of the property and drinks company, following the end of the takeover saga by TCC Assets and Thai Beverage. Liu Jinshu, deputy lead analyst at SIAS Research, said: " The likelihood of new bidders coming is actually close to very low. Another reason is because it is now a very illiquid counter with less than 10 percent of its shares publicly held. So being a relatively illiquid counter, there're not many bids in the market therefore its share price succumbs to selling pressure relatively easily.” F& N said it has until July 19 to restore its public float. Analysts note that shareholders will await details of how TCC plans to maintain the conglomerate's listing status. Mr Liu said: " The more common way is to issue more shares through a share issuance exercise which of course, has negative connotations to its share price, so this possibility supports this share price movement for F& N. Another strategy could be for F& N to subdivide its shares but it does not change the number of shareholders out there that it has." Thai billionaire Charoen Sirivadhanabhakdi had emerged victorious in an intense takeover battle for F& N in February - acquiring over 90 percent of the company. He bought shares in the firm through his TCC Assets and Thai Beverage units, and after the Singapore-listed Overseas Union Enterprise declined to match the offer by the Thais. Shares of F& N ended Monday's session with a loss of 4.2 percent, closing at S$9.04 per share. They had traded as low as S$8.88. Shares of Thai Beverage, which holds some 30 percent of F& N stock, rose about 6 percent to $0.60. |
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22-Apr-2013 17:41 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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In this fish eat fish, or rather dog eat dog world, who knows  China Fish & Pacific Andes might become someone else's acquisition targets one fine day??? Just a possibility.... meanwhile, life goes on... 加 油 .... |
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22-Apr-2013 16:23 | China Fishery / China Fishery - Low PE Go to Message | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Just for some crude comparison... Cermaq, the company seeking to acquire Copeinca as well, has a PE of ~10x  and a PB of 1.39x. China Fish is relatively very cheap!!! |
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