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Tips from Bankers/Fund managers-Sure Win for EPURE
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787180
Master |
15-May-2009 11:11
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Quote: Originally Posted by addict951 wah epure 1.07??? power sial now .44 leh if really good tmr load liao, this is the China original version of Hyflux right? Anyway, I've been monitoring since .355 yes, currrently the xd buang theory no longer applies in the current bull mkt almost 10 out of 10 counters I noticed all xd-ed chiong even more, besides those u mentioned, also, Venture, CDL, YZJ, etc all flew up the sky after the XD dates Lai liao..46cts eve of ex-date likley will push >46cts today | ||
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787180
Master |
13-May-2009 07:00
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Need to hve patience unlikley U'll lose $$$ on EPURE..in 2006 i bought on ipo listing debut at 70-80cts ...and accumulate more when it was $1.20..finally sold >$2....This is not a speculative counter that goes zig zag but is safe if U can hold .I also go for those that run up very fast eg Cosco,Straits Asia,Chinafish(recommend buy at 62cts-now $1.10),ChinaAviation(CAO)etc..if U want fast $$$,buy some CAO...all the best in your investment
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787180
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13-May-2009 06:55
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Having a major shareholder in International Finance Corporation, the World Bank’s private sector arm promoting socially and environmentally sustainable private sector investments, is ample testimony to Epure’s capabilities. Epure was listed on the Main Board of the Singapore Exchange on 6 October 2006. That year, the Group ranked among the 10 Most Influential Water Companies in China and China Water Industry Top 10 EPC Companies. Non-executive chairman Wen Yibo came second among the 10 Most Influential People in China’s Water Industry. Going to ex dividend soon May 18,buy before fri may 8,U'll be richly rewarded,limited downside... Cash rich, increasing dividend paying since ipo in 2006,reach high of $2.52,granted 1 for stocksplit last year hence the low share price of today at 45cts Pre tax profit-(RMB) 53,722(2004) 90,807(05) 137,806(060 194,3369(07) 259,9379(0 propose a shareback in jan 2009,meaning the co see its shares low enough... a superior wastewater treatment co and with contracts worth >100billions on hand-this is a different class from Sino_Environment-latter failed because CEO pledged his shares to support Sino-E shares and was caught in this financial meltdown | ||
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divearse
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12-May-2009 09:38
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I hear you Starlene or 787180, I have supported your call, lets see where does it head, see whether it will stand the test of time. What do you think is the fair value? | ||
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787180
Master |
12-May-2009 09:26
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One or two rotten apples doesn't mean the rest are bad..rg Cosco,YZJ,and Epure esp the latter..I attended the AGM and spoke to the directors during the session and teabreak...they also got auditors on hand to testify the cash on hand..since ipo has been paying dividends,anyway the major shareholder is the International Finance Ltd..also bankers and fund managers also highly rate this counter..low risk at about 44cts...ever even bought at $1.20 and sold at $2.10 too..the counter has beeen adjusted 1 for 3 stock splilt to increase its liquidity so continue to remain high on institution's radar 
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787180
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11-May-2009 14:23
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Having a major shareholder in International Finance Corporation, the World Bank’s private sector arm promoting socially and environmentally sustainable private sector investments, is ample testimony to Epure’s capabilities.
Epure was listed on the Main Board of the Singapore Exchange on 6 October 2006. That year, the Group ranked among the 10 Most Influential Water Companies in |
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787180
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11-May-2009 00:15
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Epure ever hit a high of $2.52 and private placement to institutional dealers were between $2.16 to $2.20 and Epure is now cash rich and dividends paying too [/quote ..ex date 18 May..payable may 29 base on current price 44cts yield 1.8% better than bank's deposits of 0.8% plus U get the dividends in 2 weeks' time. Tips from Banker and Fund Manager..so far bought Straits Asia Resources,Cosco,CAO,etc all counters after ex-date..prices soar so got dividends and capital gains:s12: Epure International Ltd (Buy; S$0.50; EPUR SP) First batch of orders for 2008 Price Target: 12-Month S$ 1.07 By: Wee Lee Chong +65 6398 7971 Story: Epure announced that it has won RMB257m worth of consolidated EPC contracts for wastewater treatment systems in the past months in China. The contracts are secured and being finalised for signing. These latest batch of contracts win can be broken down into: 1) Four industrial contracts (one in Tianjin and three in Tangshan), worth RMB55m. Target completion dates are in 4Q 2008, and 2) Three municipal contracts (one in Ezhou and two in Hubei), worth RMB202m. Target completion dates are in the 4Q 2008 to 1Q 2009 periods. Point: We believe that this order book update should alleviate concerns on its lack of new order news flow y-t-d in 2008. Epure's current order book is RMB435m, which implies that about RMB178m orders were carried forward from 2007. Our net profit projection stays at RMB275m in FY08, assuming RMB900m new orders win in 2008. This latest batch of contracts also reaffirms our view that the lack of news flow till last week is a matter of timing issue, especially when Epure has the habit of announcing new contracts win in batches (vs. individual contract announcements). Given China's increasing focus and stricter rules on environmental issues, and Epure¡¯s position as one of the more recognised EPC player for wastewater treatment systems in the PRC, we are anticipating more orders flow in the months ahead. Relevance: Our fair value for Epure is S$1.07, after adjusting for its recent 1-into-3 shares split, and using 25x FY08 PE. We reckon that Epure deserves the scarcity premium as one of the few fundamentally performing SGX-listed water play. Epure has also declared net dividend of 2 Scents per pre-split share for FY07. On a post share split basis, the net dividend per share is about 0.07 Scents. Maintain BUY.Even better is Epure is going to pay 0.08 cents ex date 18May...payable 29May..evidence of its cash on hand status unlike other S chip and with contracts worth >1 $ Billion,Epure is set to soar so don't miss the boat |
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