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Epure
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zhuge_liang
Supreme |
22-Nov-2006 16:59
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DBSV has started covering with "buy" rating and a target price of $1.08. "Epure is well poised to capitalize on the opportunities in the waste water treatment sector, underpinned by China's growing awareness on environment protection," the brokerage said in a note. "With its proven track record, strong management team and reputable brand name, we believe that Epure can differentiate itself by focussing on larger-scale and greater-technical-complexity projects," it said. It said that Epure's orders, worth 419 mln yuan at the end of the third quarter, provided clear earnings visibility for this year. |
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knightrider
Elite |
22-Nov-2006 13:26
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Probably their management system is electronic-pure (e-pure) as compare to Bio-treat, now still have a scandal of fraud resignation letter case to settle. |
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rickytan
Veteran |
22-Nov-2006 13:02
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Hi, anyone know the reason for the surge in price today please ? Please share. Thank you. |
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bulbideal
Member |
09-Nov-2006 09:53
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I think this counter is at a bargain price to enter market.... |
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puntit
Member |
01-Nov-2006 21:57
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At any particular point in time, if things cannot become better, it can only become worse, so the argument goes. :) |
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allantanhc
Veteran |
01-Nov-2006 21:50
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Interesting, Epure's price actually went up in the morning reaching $0.785. Its price dropped after its announcement of winning the contract at lunch break. How to explain that? Buy on expectation and sell on news? |
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Nostradamus
Supreme |
01-Nov-2006 20:31
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It said its unit Beijing Sound Environmental Engineering Co Ltd won a contract from Hangzhou Municipal Engineering Group Co Ltd, valued at RMB77.5 mln, to supply construction and installation services for a water treatment system. It said the water treatment system will have capacity to treat 200,000 tons of water per day and is scheduled to be completed in 2007. |
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leepc88
Member |
27-Oct-2006 16:07
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Seem like has been coming down for the past two days. |
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hippoo
Member |
27-Oct-2006 16:05
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Thanks Allantanhc. Still got some upside potential. |
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allantanhc
Veteran |
27-Oct-2006 12:38
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If I can recall correctly. CIMB has a fair value of $0.83 for this stock. |
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hippoo
Member |
27-Oct-2006 11:51
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Hi Anyone knows what is the target price? |
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leepc88
Member |
26-Oct-2006 21:36
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Hi, can anyone advice if can invest or should wait? Thanks. |
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hippoo
Member |
26-Oct-2006 17:51
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Waste water management is a must must in China. With so much pollution from growing economy. Price corrected after a run. |
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Nostradamus
Supreme |
26-Oct-2006 00:00
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It said its subsidiary, Beijing Sound Environmental Engineering Co Ltd has formed a joint venture with Shanghai Chengtou Environmental Investment Co Ltd and Shanghai Yuhe Chemical Materials Co Ltd to manage the operations of water and wastewater treatment plants in Shanghai for an initial period of 20 years. Beijing Sound will have a 20% stake in the venture, Shanghai Chenghuan Water Operation Co Ltd, while Shanghai Chengtou and Shanghai Yuhe will hold 70% and 10%, respectively. Epure said the investment will be funded from internal resources, although no financial details were given. "We believe that the ecoindustry is looking towards operations management as its next growth engine. With this JV, we are gaining direct entry into the Shanghai market," Epure's chairman Wen Yibo said in a statement. |
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jackjames
Elite |
25-Oct-2006 08:53
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watch out EPURE, it will shoot today.. It should stay at 0.83 or more today. |
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Nostradamus
Supreme |
10-Oct-2006 23:51
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Hi rickytan, Once you see a good stock, don't hesitate. Gone up by more than $0.10 already. May have a bit more upside unless there are broker upgrades. If you hesitated on Ezra, you'll see it go up by > $0.50 already. |
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Nostradamus
Supreme |
10-Oct-2006 23:46
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Rose after a series of married trades (10.1m shares between $0.723 and $0.727) sparked off talks of a foreign fund's purchase. |
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luvbugz
Member |
10-Oct-2006 21:05
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well.... it depends... I've seen some good IPOs go North for a great long time during the bull run. Of coz , in this modern world's history, watever goes up must come down one day. |
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tanglinboy
Elite |
10-Oct-2006 21:01
Yells: "hello!" |
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IPOs have a bad habit of falling after the hype dies down. |
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rickytan
Veteran |
10-Oct-2006 20:54
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Hi Nostramudus & fellow members, now that price has reached 80 cents, is it too expensive to invest ? May I have your comments/advice please. Thank you. |
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