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singaporegal Supreme	16-Sep-2006 17:21        singaporegal About Contact  Quote this Post! Style: Technical   Mood: Yells: "Female TA nut"
x 0   x 0  Alert Admin	Looks to me that its undergoing an upward price reversal now.
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Nostradamus Supreme	16-Sep-2006 00:04        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Insider purchases by directors at average prices of $0.445 and $0.44935. Should have more upside.
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allantanhc Veteran	15-Sep-2006 21:25        allantanhc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heavy trading in the afternoon and price surged. Looks like the momentum will carry forward to Monday. Breaking $0.50 should not be a problem, I think.
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allantanhc Veteran	14-Sep-2006 10:49        allantanhc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agreed. Chart looks positive. The counter is seen breaking out of a triangular formation. Look set to take the price to $0.50 soon.
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Nostradamus Supreme	13-Sep-2006 23:27        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	It closed at the day's high. So tomorrow should have more upside. RSI and stochastic charts are showing positive upward hooks. May break high of $0.495. KE has a technical target of $0.60.
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Nostradamus Supreme	13-Sep-2006 00:56        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	It plans to build a copper refinery and manufacturing plant next to its existing recycling and processing plant in Tuas. Construction is expected to commence in Dec 06 and complete by Dec 07. It is targeted to achieve an annual production capacity of 36,000 tonnes in 3 years, from the time construction is completed. This would contribute to earnings growth in FY08. Copper prices have risen considerably over the past few years and are expected to remain at a high level. Adv SCT is expected to benefit from this trend. DMG has a price target of $0.64.
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Nostradamus Supreme	07-Sep-2006 19:02        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	IT will see a sharp surge in earnings in the current year to June 2007 as it recognizes a full-year contribution from newly-acquired unit Green World (GW), Advance's chief operating officer Samuel Ang told XFN-Asia in an interview. GW is mainly involved in the recycling and trading of ferrous scrap metal. Advance completed the acquisition on August 30. Ang noted that after just one-month's consolidation of GW's operations, Advance's revenue surged more than three fold to $114.82m in the year to June 2006. However its net profit for the term fell 12% to $3.66m due to the absence of a $1m goodwill gain that had inflated its earnings the previous year. GW posted $3.09m net profit for the first half to June 2006 with revenue of $203.56m. "Even if both companies maintain their profitability, on a proforma basis, we are looking at about $9m in net profit (if GW's results were annualized)," Ang said. "It will surge a lot more (going forward)," he added. Following the acquisition of GW, Advance has restructured its business to focus on two core segments - testing & finishing services and recycling & supply chain management. Ang said that in the last financial year, recycling & supply chain management accounted for 90% of its total revenue. He said this contribution will grow following the acquisition. Meanwhile, Ang said that Advance can also expect extra gains of roughly $3.3m from the reverse takeover by GW of Malaysian firms CNA Manufacturing Sdn Bhd (CNA) and PNA Technologies Sdn Bhd (PNA). Under the deal, GW will issue $731.50m new shares at $0.041 each to CNA and PNA as settlement for the deal. As Advance will be acquiring the entire paid up share capital of GW's subsidiaries, Tsing Yi Enterprises Ltd, Seah Metal Industries Pte Ltd and Tsingtech Recycling Pte Ltd, CNA and PNA are essentially acquiring a shell company, Ang noted. The reverse takeovers will inject new businesses into GW and allow it to list back on the stock exchange, Ang said. Trading in GW shares was suspended from June 19 this year. "What we have done is very timely. In fact, this creates value for us of $3.3m or depending on what the share price of Green World will be when it starts trading (again)," Ang said, adding that after the reverse takeover Advance will still hold a 10% strategic stake in GW. "After this exercise, we will be able to collect material from the automotive industry which we did not have earlier," Ang said. He added that the reverse takeover process may take five to nine months to be completed. Meanwhile, Advance chairman Terence Tea said the company is prepared to spend $20m over a three-year period to construct a copper refinery and manufacturing plant in order to complete its copper supply chain. "We think the building of this facility will take about a year. It will be completed by the end of next year," Tea said.
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allantanhc Veteran	07-Sep-2006 15:26        allantanhc About Contact  Quote this Post!
x 0   x 0  Alert Admin	Please see Adv SCT's posting in SGX today: The Company is pleased to highlight the following statements in the Business Times on 7th September 2006: (1) "ASCT expects to grow revenue serveral times in the next 3 years" (2) "The gross margin would be lower than before, size of the next profit would increase and the revenue would be much higher by serveral times" (3) "Contribution from testing services would rise when the new IC substrate testing plant comes on stream this year" As these barring any unforseen circumstances
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Nostradamus Supreme	31-Aug-2006 21:30        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	Phillip Securities has increased its fair value for the stock to $0.53 because of the company's growth prospects. "While the fiscal year to June 2006 result is nothing to shout about, we see significant growth in fiscal year to June 2007, after the recently acquired Green World Holdings makes its full-year contribution," Phillip Securities analyst Chang Kok Keong said in a note to clients. The brokerage expects Advance SCT's recycling and distribution division to contribute more to earnings, with a new copper refinery expected to start operating at the end of this year. "The new 260,000-square-foot facility will more than double the existing capacity and should provide sufficient room for growth for the next few years, " Chang said. Phillip Securities expects Advance SCT's net profit to grow to $10.4m in the year to next June from $3.8m in the year to last June, and to $12.7m in the year to June 2008.
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Nostradamus Supreme	18-Aug-2006 23:23        Nostradamus About Contact  Quote this Post!
x 1   x 0  Alert Admin	There are some potential risks: Debt level is at a relatively high level. Net gearing level is estimated to be at about 90% after it took on additional loans for acquisition of GW and repaid part of the convertible loan. With aggressive plans to integrate the whole copper supply chain, the gearing level may not improve in the short term. Any further increase in interest rate will further increase financing cost. Commodity prices have been very volatile recently and any drastic fluctuation in prices, especially copper, may adversely affect margins. Yet to be seen if the combined entity is able to deliver as promised. Mgt could also be overstretched, handling organic growth, overseas expansion and acquiring new businesses at the same time. Some additional time may be needed for the various entities to fully integrate into Adv SCT before the true synergy can be seen. PS has a price target of $0.43, excluding the effect of the CNA and PNA acquisition.
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Nostradamus Supreme	18-Aug-2006 23:13        Nostradamus About Contact  Quote this Post!
x 0   x 0  Alert Admin	It will complete its 100% acquisition of Green World by 26/8. Mgt will continue to grow its core PCB testing and finishing services, while developing the new growth driver - the recycling business. Its new 260,000 sq. ft. plant in Kranji is completed and would boost recycling capabilities. It has managed to extend its recycling services beyond ferrous metal and e-waste. It has gone into the semicon waste recycling space. It entered into a JV with ASTI to provide recycling services for ASTI and its customers in Asia. By establishing more waste collection points in various industries across the region, its recycling business is expected to grow significantly. Advance SCT and Green World have entered into agreement to acquire CNA Venture and PNA Holding. Both are tier 1 suppliers to Naza Automotive Mfg in Malaysia. It is expected to be completed by end FY07 and would boost Adv SCT's NTA from 11.9 cents to 15.2 cents. It has decided not to go ahead with the acquisition of FC Copper. FY(Jun)06 net profit is expected to be dragged down by professional fees relating to the deal and higher finance costs relating to its convertible loan. DMG has a price target of $0.60.
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bsiong Supreme	26-Jul-2006 11:13        bsiong About Contact  Quote this Post! Style: Combined   Mood: Yells: "The Greatest Wealth is Health"
x 0   x 0  Alert Admin	ADVANCE SCT LIMITED Incorporation Of A New Subsidiary In Kunshan, PRC http://www.listedcompany.com/ir/advancesct/newsroom/newsroom.cgi?action=view_news&id=89
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