DBSV Research has raised its tp to $0.26 from $0.17 on expectations of strong earnings from this year onwards."(This year's) earnings growth is expected to be driven by contributions from the 51 pct acquisition of Yima and its 23% ownership of AMIGOS," DBSV analyst Weng Soon Tan said in a note. "Industry prospects remain bright for biomass projects given government incentives such as premium tariff rates, stable demand from power grids, as well as loan and tax incentives," Weng said.when will the figures kick in on carbon credits.? (Yr 2008- China Olympic yr

DBSV was referring to Yima Jinjiang Energy Comprehensive Utilization Co, which owns and operates a 270 MW coal-fired power plant in China. China Enersave has successfully bot a 51% stake in Yima for US$45m. 

AMIGOS refers to Amanda Maintenance, Industrial, General & Offshore Services Co Ltd, a unit of Amanda Industries Pte Ltd (AIPL) in which China Enersave has a 23% stake. 

This company is also quite sophisticated in taking advantage of the carbon unit trading with international trading houses. There R big funds been given a mandate they will buy within a range and if the price looks like it is going to down from their range, they will at the last moment throw some or bot up some shares to maintained it for the next day's acumulation. We have noted increased fund participations, this counter is seriously for the mid to longer term and not trade excessively. Immediately and contribution of earning will come from it Yima JinJiang plants (coal fried Power Plant), Huizhou WTE plant (China), From Vietnam Amada and it subsidairy Amigos. 

Huizhou WTE is own by China cenersave which will be connected to the state grid electricity main line in turn will supplies to consumers.Cenersave is just doing exactly what is National Bio Energy Co Ltd. Subsidiary of state Grid Corp of china, which is in charge of the power grid covering northern China, or the areas to the north of the Yangtze River.