Back

Latest Forum Topics / Sinopipe

Post Reply

sinopipe Post Reply Rate topic
bsiong Supreme	29-Dec-2010 09:35        bsiong About Contact  Quote this Post! Style: Combined   Mood: Yells: "The Greatest Wealth is Health"
x 0   x 0  Alert Admin	Sinopipe Holdings Limited (the ”company”) announced that the Company had on 27 December 2010 entered into conditional subscription agreements (the “Subscription Agreements”) and conditional convertible loan agreements (the “Convertible Loan Agreements”) with Faith Star t Holdings Limited (“Faith Start”) and Crown Galaxy Holdings Limited (“Crown Galaxy”) (collectively, the “Subscribers”). Pursuant to the Subscrip tion Agreements, the Company agreed to allot and issue 30,000,000 new ordinary shares in the Company (the “Placement Shares”), representing approximately 13.32% of the Company’s current number of issued shares (the “Issued Share Capital”) as at the date of this announcement, to Fait h Start and Crown Galaxy at an issue price of S$0.20 for each Placement Share, making an aggregate consideration of S$6,000,000. Pursuant to the Convertible Loan Agreements, each Subscriber agreed to make available to the Company a convertible loan amounting to S$7,000,000, and aggregating to a total of S$14,000,000 (the “Convertible Loan”).   ////sgxmasnet/
Useful To Me  Not Useful To Me
jamestanth Member	01-Dec-2008 21:16        jamestanth About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hi, anyone know what happen to this counter, keep on go down, why?????? raphael1133      ( Date: 29-May-2008 23:07) Posted: Watch out for this counter! Sound fundamentals + announcement of big contract + broke resistance + increased trading volume! http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_AF3E89F866C606E14825745700308CDD/$file/PressRelease28May08.pdf?openelement
Useful To Me  Not Useful To Me
raphael1133 Member	29-May-2008 23:07        raphael1133 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Watch out for this counter! Sound fundamentals + announcement of big contract + broke resistance + increased trading volume! http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_AF3E89F866C606E14825745700308CDD/$file/PressRelease28May08.pdf?openelement
Useful To Me  Not Useful To Me
gutman Member	30-Nov-2007 11:41        gutman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Watch Sinopipe. Looks like buying up.....
Useful To Me  Not Useful To Me
gutman Member	29-Nov-2007 13:56        gutman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sinopipe has fallen from its high of 0.60. At the current price of 0.44, it looks cheap. Single digit PE and P/NTA of less than 2 looks really attractive....
Useful To Me  Not Useful To Me
w6m9hi Senior	26-Sep-2007 22:40        w6m9hi About Contact  Quote this Post!
x 0   x 0  Alert Admin	something  brewing...with so high volume share traded...jst hope 2morrow it wil up to top 30 active list... gd luck to those vested!
Useful To Me  Not Useful To Me
w6m9hi Senior	26-Sep-2007 15:44        w6m9hi About Contact  Quote this Post!
x 0   x 0  Alert Admin	new high for tis stock...
Useful To Me  Not Useful To Me
solar2000 Member	26-Sep-2007 03:11        solar2000 About Contact  Quote this Post!
x 0   x 0  Alert Admin	SINOPIPE ENTERS INTO NEGOTIATIONS FOR BUILD-TRANSFER PROJECTS - Eight letters of intent have been signed to initiate further negotiations for the award of Build-Transfer projects to Sinopipe. - Total project value under negotiation amounts to approximately RMB 365 million, for drainage and sewerage and water supply segments. - Build-Transfer model will enable Sinopipe to undertake project management, supply and construction of entire piping network and hand over to the relevant government departments when completed.   Singapore (24 September 2007) ? Sinopipe Holdings Limited (?Sinopipe?) and its subsidiaries (collectively the ?Group?), who are engaged in the design, manufacture, distribution and installation of a variety of plastic pipes and pipe fittings, announced today that it has entered into letters of intent with various government departments of the People Republic of China (the ?PRC?) for eight Build-Transfer (?BT?) projects worth approximately RMB 365 million. A BT project will essentially enable Sinopipe to undertake project management, supply and construction of entire piping network as part of waste water treatment or water supply projects initiated by the various government departments. The letters of intent are for piping networks on waste water treatment or water supply which are to be constructed in various provinces including Henan, Fujian and Heilongjiang to solve the urgent need to clean up polluted water or provide safe drinking water to its citizens. The negotiations leading to the letters of intent were concluded at the 11th China International Fair for Investment and Trade held from 8 to 11 September 2007 at Xiamen, the PRC. Commenting on this latest development, Mr Chen Li Hui (陈力辉), Chief Executive Officer of Sinopipe Holdings Limited said ?We are pleased to have come to this juncture as we have been looking at the BT model for some time now. Sinopipe recorded a period-on-period growth of 43.1% in net profit for the half year ended 30 June 2007. We believe this business model will eventually become one of the key growth drivers for the Group and add substantial value to the Group and its shareholders in the long run.? Commenting on these letters of intent, Mr Chen added: ?These letters of intent are meant to help us bring our negotiations further with the various government departments. Therefore, there is still some way more to go in terms of these discussions. We remain cautiously optimistic that some of these negotiations will turn into actual contracts within the next one year.? Sinopipe believes it has in place the necessary capabilities to undertake large-scale BT projects while maintaining a healthy capital base. Prospects in This Sector The Group estimates that there are over 3,000 districts in the PRC which require the refurbishment of existing piping networks and/or the construction of new piping networks in order to keep up with the rapid rate of industrialisation and urbanisation. Generally, these refurbished and new piping networks will cost between RMB 30 million to RMB 100 million per project.   Currently, the Group believes that most of these projects are likely to adopt the BT model as this will enable private sector participation in government projects in order to ease the heavy capital requirements needed rapidly to be deployed over a large number of projects. This will in turn accelerate the clean up of polluted water and supply of safe drinking water to keep pace with the level of industrialisation and urbanisation across the PRC. According to the statistics from the National Urban Water Supply Piping Network Refurbishment Plan (2006 ? 2007) issued in February 2006, there are 314 projects, or 16,796km of piping works to be completed by the end of 2007 and based on information compiled for some cities, of the 84,000km of pipes in these cities, plastic pipes only took up 4,467km, or 5.2% of the total pipes. The 2010 National Development Plan states that the following target should be met: plastic pipes should take up more than 60% of the market share in the PRC piping industry by the year 2010. The Group believes that demand for its PVC, PE and PPR piping systems will continue to be strong with the PRC government?s drive to implement usage of plastic pipes as a replacement for metal and concrete pipes. ?We believe that these trends represent a unique window of opportunity for the Group to propel our long term growth. If we capitalise on these opportunities well, we should add significant value to our shareholders in the long run?, Mr Chen added. The current negotiations will not have a material impact on the Group for the current financial year. The Group reported an increase in revenue of 23.1% from RMB 252.5 million in HY2006 to RMB 310.9 million in HY2007, whilst its net profit grew by 43.1% from RMB 28.9 million in HY2006 to RMB 41.3 million in HY2007.
Useful To Me  Not Useful To Me
clownzee Member	06-Sep-2007 10:57        clownzee About Contact  Quote this Post!
x 0   x 0  Alert Admin	DJ MARKET TALK: Westcomb Starts Sinopipe At Buy, S$0.70 Target (2007-09-06 01:09:00) 0109 GMT [Dow Jones] STOCK CALL: Westcomb starts Sinopipe (X06.SG) at Buy with S$0.70 target, based on P/E of 8X blended FY07/08 EPS. Tips maker of plastic pipes as leading contender to ride on China''s infrastructure development, with Beijing advocating use of plastic pipes for current, new projects. Notes large proportion of China''s water piping system still using metallic, concrete pipes; "this presents a huge replacement market for the piping infrastructure, in addition to the incremental demand from new projects." Forecasts net profit CAGR of 17% over FY06-08. Stock off 1.2% at S$0.41. (FKH) Contact us in Singapore. 65 64154 150; MarketTalk@dowjones.com (END) Dow Jones Newswires September 05, 2007 21:09 ET (01:09 GMT) Copyright (c) 2007 Dow Jones & Company, Inc.
Useful To Me  Not Useful To Me
clownzee Member	04-Sep-2007 15:09        clownzee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sinopipe has moved today... from an opening of .385 to .42 as of now. Anyone knows the reason for the surge? The company is fundamentally sound, with stellar half year results. Perhaps the market is finally coming to its senses and grabbing at the unpolished gems.
Useful To Me  Not Useful To Me
clownzee Member	14-Aug-2007 09:22        clownzee About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sinopipe has turned in very good half year results, net profit up by 43%. For the link to the media release, pls click here
Useful To Me  Not Useful To Me
eblim77 Member	29-Jun-2007 21:42        eblim77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is definitely a good time to buy in this stock. It seems to me that they had intended to buy in more stocks ever since the recent sales of shares by the director. It is obvious that they are trying to press down the price and take in more shares at cheap price. The next move? Announce some good news and they will earn a hetfy sum. Wait and see ...
Useful To Me  Not Useful To Me
kelvin Member	29-Jun-2007 08:55        kelvin About Contact  Quote this Post!
x 0   x 0  Alert Admin	The amount purchased was rather small to be of any good.  But that could be just the beginning and more to come. Anyway, it's a good stock to invest in.
Useful To Me  Not Useful To Me
etathome Member	29-Jun-2007 00:11        etathome About Contact  Quote this Post!
x 0   x 0  Alert Admin	UBS AG Increase in positions held on behalf of various prime brokerage clients.   From 9.93 % To 10.05 % http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/cfa41ee9cf63fe6b4825730700301929?OpenDocument
Useful To Me  Not Useful To Me
eblim77 Member	26-Jun-2007 21:23        eblim77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	This stock is definitely oversold. Cannot imagine that it has dropped so much within a few days period. From 0.430 to 0.405. The company is doing very well in china and their account is in BLACK with new projects coming up soon. Really puzzled to see investors selling away their stocks on hand. I will definitely see it through till it raise to at least 0.50
Useful To Me  Not Useful To Me
eblim77 Member	18-Jun-2007 14:09        eblim77 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sinnopipe is going up liao. Seem to have some good news on the financial results of the company. Recommendation: Buy
Useful To Me  Not Useful To Me
francisd Veteran	25-May-2007 23:24        francisd About Contact  Quote this Post! Style: Combined   Mood: Yells: "BUY LOW SELL HIGH"
x 0   x 0  Alert Admin	Don't bank on the short term, on this counter.  It takes wild swings between .30c and .40c. band.  Watch out.
Useful To Me  Not Useful To Me
w6m9hi Senior	25-May-2007 22:17        w6m9hi About Contact  Quote this Post!
x 0   x 0  Alert Admin	should form a strong support now here,those weak player been squeed out.
Useful To Me  Not Useful To Me
w6m9hi Senior	23-May-2007 10:58        w6m9hi About Contact  Quote this Post!
x 0   x 0  Alert Admin	action maybe at the end of market closing...sorry for contra player..
Useful To Me  Not Useful To Me
w6m9hi Senior	22-May-2007 10:05        w6m9hi About Contact  Quote this Post!
x 0   x 0  Alert Admin	anybody?????? sinopipe got a contract????
Useful To Me  Not Useful To Me

                                                         First   1-20 of 37   Older>   Last