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Hyflux breaks into Indian Market
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jackjames
Elite |
22-Jan-2007 15:18
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*fainted*, the good news worth "0" cents today, 2.73 price now.. hmm... quite wasted the news.. |
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jackjames
Elite |
22-Jan-2007 14:21
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My TA guru besides me, telling me the closing price surely will be higher than 2.76, just that, u don't know when is the curve up point.. there are people will buy up this counter, but they do not want the contra players to spoil the market.. so, once the price stable, say 4 pm, then, the action might come... now is to get rid of all the contra players who buy at the news... anyway, will see.. |
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moogee
Member |
22-Jan-2007 14:19
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Uh huh..no quick kopi $$$ frm this fellow today. |
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jackjames
Elite |
22-Jan-2007 14:10
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right now, market response is not as good as what I expected.. selling down at 2.79 is quite strong, not vested yet, let's see the price movement first. |
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jackjames
Elite |
22-Jan-2007 12:02
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well, today might close at 2.90, but 3.00 level, I think have to wait for a while gua.. 6 lots at 2.78 ? you bought it last week though... anyway, good luck.. let's wait at 2 pm, exciting man.. |
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moogee
Member |
22-Jan-2007 11:59
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I am holding 6000 units at 2.78. All paid up now. Hopefully, target 2.9-3.2??. Its been a suspenseful week since I bought them...hahaha. |
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jackjames
Elite |
22-Jan-2007 11:54
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thank you moogee, needless to say, HYFLUX will rise today.. don't know what's the opening price at 2 pm... we can contra today, lets do it man. |
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moogee
Member |
22-Jan-2007 11:51
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Frm SGX website. Hyflux announcement. Trading resumes 14:00
" JOINT NEWS RELEASE ___________________________________________________________________ HYFLUX TEAMS WITH MARMON WATER LLC TO ESTABLISH JOINT VENTURES, LICENSING AGREEMENTS ON WATER TREATMENT PRODUCTS ___________________________________________________________________ Singapore [January 22, 2007], ? Hyflux Ltd (?Hyflux?) today announced two joint
venture agreements and several licences with Marmon Water LLC (?Marmon Water?),
one of the world?s largest manufacturers of residential and commercial water treatment
systems.
Ms. Olivia Lum, Group CEO & President of Hyflux Ltd, and Mr. John J. Goody,
President of Marmon Water LLC, signed the agreements today in Singapore. The
signing was witnessed by Mr. Lee Yi Shyan, Minister of State, Trade & Industry.
Ms. Lum and Mr. Goody described the partnership as an exceptional geographical and
technical fit between both companies.
?This is an exciting development for Hyflux. Together we will develop new products to
provide clean, filtered and softened water for Asian homes,? said Ms. Lum.
?Additionally, these initiatives will allow Hyflux to expand our industrial filtration product
range in Asia and allow Marmon to sell our membranes in North America, a market we
have not previously addressed.?....
venture agreements and several licences with Marmon Water LLC (?Marmon Water?), one of the world?s largest manufacturers of residential and commercial water treatment systems. Ms. Olivia Lum, Group CEO & President of Hyflux Ltd, and Mr. John J. Goody, President of Marmon Water LLC, signed the agreements today in Singapore. The signing was witnessed by Mr. Lee Yi Shyan, Minister of State, Trade & Industry. Ms. Lum and Mr. Goody described the partnership as an exceptional geographical and technical fit between both companies. ?This is an exciting development for Hyflux. Together we will develop new products to provide clean, filtered and softened water for Asian homes,? said Ms. Lum. ?Additionally, these initiatives will allow Hyflux to expand our industrial filtration product range in Asia and allow Marmon to sell our membranes in North America, a market we have not previously addressed.?....
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jackjames
Elite |
22-Jan-2007 11:35
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as fundamental points of views, unless their 4Q results is -ve or flat earning, (3Q net profit drops >85%).. then, it might goes downwards "little"... We should collect by then, 2.20-2.35 , is my target range to cash in. |
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singaporegal
Supreme |
22-Jan-2007 11:13
Yells: "Female TA nut" |
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Actually I think it is on a trend reversal downwards now. Be cautious. |
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jackjames
Elite |
22-Jan-2007 09:11
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HALT this morning, more good news coming out?! |
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jackjames
Elite |
13-Jan-2007 23:24
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With the news today on the paper, I think more people will cash in... monday price 2.86? |
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jackjames
Elite |
12-Jan-2007 16:16
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moogee.. I do not think it will do major correction now. If you look at the transaction, you will get shocked!!!!! There are about 20 transaction with huge volumes, at least more than > 50 lots buy up ... that means, only small players are sell down, no huge sell down today! |
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knightrider
Elite |
12-Jan-2007 16:06
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This time round should be the other way as they seems to gain when the cityspring trust buy over the 40 percent it hold and reduce to holding to 30 %. The Temasek trust will not hold a company it think no prospect. So continue to hold further. Good Luck. |
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leolim818
Member |
12-Jan-2007 15:59
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very hard to judge, remember last time hyflux profit was drop around 80%? the stake drop from 2.70 to 2.20 within week time... I scare the history will be resumed again... let's see how later... |
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moogee
Member |
12-Jan-2007 15:51
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Leo:..I let go of mine at a loss yesterday, thought it was going downhill...no angpow frm this counter..:(..I wait for it to correct, thn buy some. |
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jackjames
Elite |
12-Jan-2007 15:37
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leolim818, don't let go so fast la... since it runs so fast today, good news should coming on the way.. anyway, your call... I am very confident in this counter for long term. |
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leolim818
Member |
12-Jan-2007 15:27
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hahaha...me too, I will sell it later, moogee: you let go your stake? |
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moogee
Member |
12-Jan-2007 15:15
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yeah..got burnt once by this counter...haha..now am trigger happy when it comes to cut loss!.. |
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leolim818
Member |
12-Jan-2007 15:14
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i also don't know why, know boost to 2.69... |
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