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Aoyee ! Aoyee! Ao! Ask Jane for help !!! Post Reply Rate topic
lsj840428 Senior	26-Jul-2009 12:17        lsj840428 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	in that article, it mentioned a lot of under-valued stocks, wondering why u only interested in this counter? wongmx6      ( Date: 26-Jul-2009 07:35) Posted: http://nextinsight.com.sg/ LAGGARDS which might be under-appreciated gems, Please give comment , i will buy some if positive input on Monday.
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wongmx6 Veteran	26-Jul-2009 07:35        wongmx6 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://nextinsight.com.sg/ LAGGARDS which might be under-appreciated gems, Please give comment , i will buy some if positive input on Monday.
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ppdghius Member	24-Jul-2009 21:10        ppdghius About Contact  Quote this Post!
x 0   x 0  Alert Admin	Repayment, now lesser liaibility. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_0E35DD99BED44FB8482575FD0035FD87/$file/AnnouncementRepaymenttoMrChoiCheungKongEpdf.pdf?openelement
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ppdghius Member	01-Jul-2009 18:28        ppdghius About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have been lagging for the past few days. Its time for this stock to move.
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soyabean Member	03-Apr-2009 23:41        soyabean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Did anyone attend the agm? i wonder why there isnt any plan of sharebuyback to support price, it would certainly be a great sign of confidence with beaten down valuations to do so at this point, esp since they only ipo less than a yr ago and its already down by 57%
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soyabean Member	08-Mar-2009 00:11        soyabean About Contact  Quote this Post!
x 0   x 0  Alert Admin	Indeed posted a good dividend...but, when is the cd/xd date?
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Fishcake Member	27-Feb-2009 16:03        Fishcake About Contact  Quote this Post!
x 0   x 0  Alert Admin	with so many company not declaring dividend, this counter is relatively attractive as the mgmt had promised 30% of profit to be given out as dividend. 9mths profit is RMB182m, even if zero profit for 4th qtr, it will work out to be about SGD0.012 dividend per share. This is 10% return based on today's low of $0.12 price! slurrpp....
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hsbhsb Member	30-Oct-2008 15:04        hsbhsb About Contact  Quote this Post!
x 0   x 0  Alert Admin	if the 17% yield materialises, this stock is very cheap then. and the strength of the business seems to be there, going by the report
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hsbhsb Member	29-Oct-2008 19:02        hsbhsb About Contact  Quote this Post!
x 0   x 0  Alert Admin	“EVEN AFTER the Beijing Olympics, we still foresee the demand for sportswear to grow domestically. There is currently no sign of slowdown. Orders from distributors for 2009 summer season are up by 40% year-on-year,” said Mr Lan Chong Han, manager of Xtep. China Taisan is a supplier of functional fabrics to Xtep. Full article on analyst trip: CHINA TAISAN: Enjoying more orders from sportswear makers
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hsbhsb Member	16-Oct-2008 14:45        hsbhsb About Contact  Quote this Post!
x 0   x 0  Alert Admin	westcomb report today: Valuation appears cheap at 1.9x FY08F EPS with expected dividend yield of 15% Based on consensus estimates, China Taisan is expected to report net profit of RMB 292.4m for FY08F, translating to fully diluted FY08F PE of 1.9x. China Taisan is committed to a dividend payout of 30% for FY08~09F to reward shareholders, which would translate to an attractive expected dividend yield of approximately 15%. Currently, we do not have a rating for China Taisan.
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teeth53 Supreme	25-Jun-2008 23:06        teeth53 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "don't learn through life, learn to grow with life "
x 0   x 0  Alert Admin	Taisan "bei o E o E" leh. Still looking for Jane
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knightrider Elite	18-Jun-2008 12:36        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	China Taisan trebles Q1 net profit By OH BOON PING KNITTED fabric maker China Taisan Technology Group Holdings, which was listed on the Singapore Exchange (SGX) mainboard earlier this month, has reported a near trebling in net profit to 64.5 million yuan (S$12.9 million) for the first quarter ended March 31. Mr Lin: Attributed part of the profit growth of the knitted fabric maker to mega sports events like the Beijing Olympics, which has spurred sportswear spending in China The earnings, which compare with 22.4 million yuan in the year-ago period, came on the back of a more than doubling in revenue to 290 million yuan from 115.6 million yuan. Earnings per share were 6.96 fen - up from 2.41 fen previously, based on post-invitation share capital. At a briefing, CEO Lin Wen Chang attributed part of the profit growth to mega sports events like the Beijing Olympics, which has spurred sportswear spending in China. For example, the sales quantity for performance fabrics rose from 1,490 tonnes to 3,462 tonnes. Also, the average selling price per tonne increased from 40,000 yuan to 56,400 yuan, as a result of the shift in product mix to more performance fabrics, and a general increase in selling prices to accommodate higher raw material costs. The performance fabrics are said to have properties such as anti-mosquito, anti-odour and ultra-violet protection. China Taisan said it has 13 members in its R&D team and collaborates with Industrial Technology Research Institute of Taiwan on new technologies for such fabric. However, Mr Lin is not concerned about copyright issues in China since the 'life cycle of a product is fairly short, and the time span from design to end-product sales is about six months'. Therefore, it is difficult for low-cost competitors to copy the company's designs, he added. The gross margins for the multi-functional products and normal fabric are over 30 per cent and over 20 per cent respectively. Overall gross margins also improved despite the higher raw materials cost. Mr Lin explained this was because the price hikes on its products exceeded the rise in production cost, and the firm bases its production on pre-orders received. As at April 18, its order books stood at 225.8 million yuan. Looking ahead, the firm believes that the Beijing Olympics, the Guangzhou Asian Games in 2010 and the Shenzhen University Games in 2011 will significantly raise public interest in, and awareness of, sports and fitness among people in China, thereby stimulating demand for sports apparel. 'We believe that we will benefit from the growing demand for sports apparel. We will continue to focus on our performance fabrics by developing new and innovative functionalities, new combination of these functionalities; and promote our products to existing customers and potential new customers,' it said. China Taisan shares closed yesterday at 25 cents, up half a cent.
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knightrider Elite	18-Jun-2008 12:27        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Knitted fabric maker China Taisan Technology Group Holdings, which was listed on the Singapore Exchange (SGX) mainboard earlier this month, has reported a near trebling in net profit to 64.5 million yuan (S$12.9 million) for the first quarter ended March 31. The earnings, which compare with 22.4 million yuan in the year-ago period, came on the back of a more than doubling in revenue to 290 million yuan from 115.6 million yuan. Earnings per share were 6.96 fen - up from 2.41 fen previously, based on post-invitation share capital. At a briefing, CEO Lin Wen Chang attributed part of the profit growth to mega sports events like the Beijing Olympics, which has spurred sportswear spending in China. Also, the average selling price per tonne increased from 40,000 yuan to 56,400 yuan, as a result of the shift in product mix to more performance fabrics, and a general increase in selling prices to accommodate higher raw material costs. (BT)
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Gallen Senior	18-Jun-2008 09:06        Gallen About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm, net profit up 188% in 1Q FY08.....assuming profits are conservatively annualised for the full year, we will get around SGD $50m yielding EPS (post-IPO) of 5.5 sgd cents and a prospective FY08 P/E of 4.5x. Gross margins in 1Q FY08 are 32.6% compared to average margins of 31.3% for FY07. Note that 1Q is traditionally the weakest quarter but just to be conservative -assume ongoing listing expenses and potential margin erosion will offset further growth for rest of the year: "During the past three financial years ended 31 December 2005, 2006 and 2007, our Group had observed higher revenue in the last quarter and lower revenue in the first quarter of each year for FY2005, FY2006 and FY2007. The lower revenue were attributed to the Lunar New Year as our Group’s customers in the PRC would normally suspend their operations during the Lunar New Year period." Compare this to Foreland which trades at estimated FY08 PE of 5.5x assuming 17% growth in net profits. Foreland is a smaller player in terms of revenues and has lower market cap. Hence, it is reasonable to expect China Taisan to trade at a slight premium to Foreland. Applying a prospective FY08 P/E of 6x, short term fair value is estimated at around 33 cents.
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knightrider Elite	13-Jun-2008 11:15        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Day High: 0.265 Net Change: 0.005 Total Value: 5,010,970  Day Low: 0.255 Last Done: 0.265 Volume: 19,209,000 Time Last Volume Buy/Sell 11:10:04 0.265 2,000 Buy Up 11:09:21 0.260 511,000 Buy Up 11:09:20 0.260 100,000 Buy Up 11:09:19 0.260 200,000 Buy Up 11:09:18 0.260 10,000 Buy Up 11:09:18 0.260 100,000 Buy Up 11:09:17 0.260 300,000 Buy Up 11:08:58 0.260 300,000 Buy Up 11:04:01 0.260 500,000 Buy Up 11:00:15 0.255 5,000 Sell Down 10:57:39 0.255 10,000 Sell Down 10:56:48 0.255 20,000 Sell Down 10:52:02 0.255 30,000 Buy Up 10:50:57 0.255 30,000 Buy Up 10:50:17 0.255 126,000 Sell Down 10:50:11 0.255 200,000 Sell Down 10:47:09 0.255 10,000 Sell Down 10:44:24 0.255 30,000 Buy Up 10:41:52 0.255 20,000 Sell Down 10:41:50 0.255 10,000 Sell Down
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knightrider Elite	13-Jun-2008 11:03        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Extract from Share Investment June Edition.   What do all athletes at the coming Beijing Olympics need? They need to be clothed in sportswear and apparel of course. And China Taisan Technology Group Holdings (CT), which just got listed on the Mainboard on June 6, is a manufacturer of knitted fabric for such sportswear and apparel. CT launched its initial public offer (IPO) of 233m shares at $0.24 cents each. The 233m shares comprise 223.2m new shares and 9.8m vendor shares. The IPO aimed to net $49.4m in proceeds for the company, which it planned to use to acquire new equipment ($38.2m), expand research and development (R&D) ($1.6m), set up new sales and service centers ($4.3m), fund marketing & advertising expenses ($2.3m) and for working capital ($3m). The offer consisted of 8m public-offer shares and 225m placement shares. The invitation shares represented 25.11% of CT’s enlarged share capital were offered at a historic price-earnings ratio (PER) of 4.7 times, based on its FY07 net earnings. Fibrechem Technologies, which manufactures chemical fibre, was traded at $0.71 on June 3 with a PER of 6 times. In comparison, CT appeared more affordable and attractive. EXPANSION PLANS CT said the bulk of the proceeds ($38.2m) will be used to acquire multi-track electronic tubular knitting machines, new face finishing and processing equipment to make peach finish fabrics, and computerised jacquard knitting machines. Besides expanding R&D, the company will set up sales and servicing centers in Shanghai, Hong Kong and Xiamen, and boost marketing activity. From FY05 to FY07, the company’s revenue grew at a compounded annual growth rate (CAGR) of 168% from Rmb112m to Rmb811m while its earnings grew from Rmb14m to Rmb183m at a 259% CAGR. FY07 earnings jumped 388% from FY06’s Rmb37m due mainly to higher sales of performance fabric. FABRIC USED BY WELL-KNOWN BRANDS CT’s knitted fabric is used in the manufacture of sports and leisure apparel by international and China’s local sports brands like Adidas, Anta, Bossini, Diadora, Eland, Erima, FILA, Giordano, K-boxing, Kappa, Li-Ning, Lilang, Lotto, Mizuno, Nike, Puma, Qiaodan, Reebok, Septwolves, Wanjielong, and Umbro. The company’s Chief Executive Officer Lin Wen Chang pointed to the Beijing Olympics in August, the Guangzhou Asian Games 2010 and Shenzhen World University Games 2011 as opportunities that will raise awareness of sports and fitness apparel and spur demand for CT’s products in China. Lin said, “Reputable apparel brands have also been rolling out new and innovative products with enhanced functions and characteristics, and we believe that will increase demand for our performance fabrics.” Going forward, CT will focus on performance fabrics. This segment contributed a substantial 93.3% of revenue in 2007 and posted the highest gross profit margin of CT’s 3 business segments at 31.9% for that year. The acquisition of the equipment is expected to more than double production capacity for Spandex performance fabrics. CT will also expand its product range by introducing new performance fabrics with innovative functions, characteristics and designs.
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knightrider Elite	12-Jun-2008 16:58        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Day High: 0.265 Net Change: 0.020 Total Value: 9,604,180  Day Low: 0.230 Last Done: 0.260 Volume: 38,864,000 Time Last Volume Buy/Sell 16:56:13 0.260 10,000 Sell Down 16:56:06 0.260 50,000 Sell Down 16:55:36 0.260 5,000 Sell Down 16:55:34 0.260 10,000 Sell Down 16:55:29 0.260 15,000 Sell Down 16:55:21 0.260 50,000 Sell Down 16:54:43 0.260 10,000 Sell Down 16:54:19 0.260 5,000 Sell Down 16:54:18 0.265 2,000 Buy Up 16:54:09 0.260 5,000 Sell Down 16:54:03 0.265 1,000 Buy Up 16:53:56 0.260 15,000 Sell Down 16:53:41 0.260 30,000 Sell Down 16:53:18 0.260 30,000 Sell Down 16:53:14 0.260 512,000 Buy Up 16:53:14 0.260 80,000 Buy Up 16:53:13 0.260 1,500,000 Buy Up 16:53:12 0.260 500,000 Buy Up 16:52:38 0.260 1,500,000 Buy Up 16:52:28 0.255 20,000 Sell Down
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knightrider Elite	12-Jun-2008 16:44        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Day High: 0.260 Net Change: 0.015 Total Value: 7,653,260  Day Low: 0.230 Last Done: 0.255 Volume: 31,304,000 Time Last Volume Buy/Sell 16:43:06 0.255 150,000 Sell Down 16:41:27 0.255 1,000 Sell Down 16:40:23 0.260 2,000 Buy Up 16:39:35 0.255 5,000 Sell Down 16:39:15 0.255 5,000 Sell Down 16:38:34 0.255 40,000 Sell Down 16:38:23 0.255 5,000 Sell Down 16:37:40 0.255 5,000 Sell Down 16:37:26 0.255 30,000 Sell Down 16:37:24 0.255 15,000 Sell Down 16:37:09 0.255 50,000 Sell Down 16:36:23 0.255 5,000 Sell Down 16:35:56 0.255 20,000 Sell Down 16:35:41 0.255 130,000 Sell Down 16:35:30 0.260 1,000 Buy Up 16:35:12 0.255 192,000 Buy Up 16:35:05 0.255 20,000 Buy Up 16:35:03 0.255 100,000 Buy Up 16:34:59 0.255 100,000 Buy Up 16:34:57 0.255 1,000,000 Buy Up
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knightrider Elite	12-Jun-2008 16:43        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Ao-E Ao-E Ao, now is going up, 0.26 liao !!! Good Luck.
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knightrider Elite	11-Jun-2008 14:34        knightrider About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Ao-E Ao-E Ao, now is going up, 0.23 liao !!! Good Luck.
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