Back

Latest Forum Topics / China Everbright    Last:0.225 --

Post Reply

HankoreEnv (U9E) Discussion Post Reply Rate topic
wxp8838 Veteran	03-Jun-2014 11:02        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	http://rhbosk.ap.bdvision.ipreo.com/NSightWeb_v2.00/Handlers/Document.ashx?i=1d586089531842e197a1ee6d2329ee2c
Useful To Me  Not Useful To Me
Spivvy Elite	03-Jun-2014 11:00        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	when genting' s profits exceeded markets expectations, cheong to $2.40, didnt take v long.   Ronron      ( Date: 03-Jun-2014 10:54) Posted: Today is the sell on news impact. When genting first day open doors, also like that.
Useful To Me  Not Useful To Me
Demostation Supreme	03-Jun-2014 10:59        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hankore got hit this morning because of the alternative RTO in W Corp, likely to give investor quick ROI of at lest 30%.   Some of the funds just like to switch there first.
Useful To Me  Not Useful To Me
wxp8838 Veteran	03-Jun-2014 10:58        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	HanKore Environment: SGD1.19 BUY (TP: SGD1.50) Merger Paves Way For M& A-Driven Growth HanKore will buy China Everbright&rsquo s (CEI) pool of 25 WWT and reusable projects of 1.892m tonnes/day design capacity for CNY5.8bn, or SGD1.2bn. The successful merger removes deal overhang and gives the combined entity gearing headroom to pursue growth via M& As. We ascribe HanKore a 36x FY16F P/E (excluding earnings growth forecast from M& As), a premium to the 30x peer average, given its low 9% gearing. Maintain BUY, with changed SGD0.15 TP. Purchase price higher than expected but within range of recent M& A transactions. The consideration of CNY5.8bn is higher than the initial expected figure of HKD4.0bn (or CNY3.3bn), but the price of CNY3,071/tonne of design capacity falls within typical M& A transactions prices of CNY2,500-3,000/tonne. As the merger will give HanKore distinctive state-backing advantages, we find the transaction price fairly decent. The CNY5.8bn will be funded through the issuance of 1.94bn HanKore shares at SGD0.703 each (with adj. factor 0.889). CEI will own 78.0% of HanKore post share issuance, making the latter its subsidiary. The transaction represents a 1.56x NAV of CNY3.7bn. Merger lifts overhang combined company to reap advantages and seek M& A-driven growth ahead. The transaction will boost HanKore&rsquo s waste water treatment (WWT) design capacity to 3.6m tonnes/day while the share issuance will lower the combined entity&rsquo s gearing to less than 9%. This may effectively give the group room to gear up for c. CNY2.6bn of funds (assume 40% gearing) for M& As that the company has intently expressed as its growth strategy in a consolidating WWT environment. This could potentially add 1.0m tonnes/day design capacity to its portfolio, assuming transaction prices of c. CNY2,500/tonne. Maintain BUY, TP changed to SGD0.15. Based on our proforma estimates, we forecast the combined entity to make CNY0.205 EPS in FY16F (FYE June) based on its existing assets, without taking into account any M& A, owing to the lack of information. We value HanKore at a 36x FY16F P/E, higher than its state-backed peers&rsquo average 30x, as its low gearing of 9% post consolidation places it in a prime position to acquire earnings-accretive WWT assets for longer-term growth. For access to the full report, please click the following link:SG_HanKore_Update_20140603or http://rhbosk.ap.bdvision.ipreo.com/NSightWeb_v2.00/Handlers/Document.ashx?i=1d586089531842e197a1ee6d2329ee2c Sarah Wong +65 6232 3883 Terence Wong, CFA +65 6232 3896
Useful To Me  Not Useful To Me
Ronron Member	03-Jun-2014 10:54        Ronron About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	Today is the sell on news impact. When genting first day open doors, also like that.
Useful To Me  Not Useful To Me
Spivvy Elite	03-Jun-2014 10:46        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	ok lar, at least now hold feels much more secure than previously. Now rto confirmed, heart also more stabilise liao. at least wont go pennyless. need $ then sell. no need just hold. me not suited trading. dunoe why now become long term investor liao. Not form own choice. Bought at high px tio stuck bo bian now just hold as long as possible.
Useful To Me  Not Useful To Me
Demostation Supreme	03-Jun-2014 10:42        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am still vested, mainly holding some and playing some when it is volatile. Spivvy      ( Date: 03-Jun-2014 10:37) Posted: dingbat & Demo, are you all vested for the long term boh?
Useful To Me  Not Useful To Me
Spivvy Elite	03-Jun-2014 10:37        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	dingbat & Demo, are you all vested for the long term boh?
Useful To Me  Not Useful To Me
Spivvy Elite	03-Jun-2014 10:35        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	BRO, why u sound  so similar to leeta?     guragon      ( Date: 03-Jun-2014 10:16) Posted: Today price will be erratic. The next few days price will be volatile. Many have bought this stock hoping for quick profit pending announcement. The fund managers has not buy yet. Consider only 22% of China Everbright Water in the market.  To acquire 2 to 3% of this new company for investment will be a market mover. There are believers and non believers in Hankore long term prospect.  RTO is only the new chapter of this new company. Many more deals, corporate or acquisition announcements will come in due course. To me, China Everbright Water is just a beginning.  It' s in the right industry operating in the right place with the right government support. I am very optimistic of the long term. Have faith if you are long term.
Useful To Me  Not Useful To Me
papayaface Supreme	03-Jun-2014 10:35        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	You are an empty vessel yourself. Let' s see the trap every one. Good luck. dwong88      ( Date: 03-Jun-2014 10:23) Posted: As equally I'm entitled to my own opinion that u should shut your trap. Don't take it personally. papayaface      ( Date: 03-Jun-2014 10:18) Posted: Wats sacartic remark did i make, please report me if you dare. Otherwise shut your .... cos every one is entitled to own opinion.  dont take it personally.  Good luck.
Useful To Me  Not Useful To Me
Demostation Supreme	03-Jun-2014 10:28        Demostation About Contact  Quote this Post!
x 0   x 0  Alert Admin	From the past history of HK in trading, this share is actually BBs' playtool.  Won' t be surprised if it climb furiously in the next hour or so.   Maybe before the afternoon, who knows?
Useful To Me  Not Useful To Me
dwong88 Member	03-Jun-2014 10:23        dwong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	As equally I'm entitled to my own opinion that u should shut your trap. Don't take it personally. papayaface      ( Date: 03-Jun-2014 10:18) Posted: Wats sacartic remark did i make, please report me if you dare. Otherwise shut your .... cos every one is entitled to own opinion.  dont take it personally.  Good luck. dwong88      ( Date: 03-Jun-2014 09:54) Posted: posting sarcastic remarks on forums wont help anything. This is a place to share, not a place to laugh at others when the share price drops... you may as well not post if you are just gonna be an empty vessel.
Useful To Me  Not Useful To Me
GuavaXF30 Elite	03-Jun-2014 10:19        GuavaXF30 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good thing is there seems to be some stablizing. Think the price level will hang around here for a while now. Don' t expect a shoot up nor a crash down.
Useful To Me  Not Useful To Me
papayaface Supreme	03-Jun-2014 10:18        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Wats sacartic remark did i make, please report me if you dare. Otherwise shut your .... cos every one is entitled to own opinion.  dont take it personally.  Good luck. dwong88      ( Date: 03-Jun-2014 09:54) Posted: posting sarcastic remarks on forums wont help anything. This is a place to share, not a place to laugh at others when the share price drops... you may as well not post if you are just gonna be an empty vessel. papayaface      ( Date: 03-Jun-2014 09:49) Posted: Ha ha. For me to know and for you to find. May be you can ask the shortist BB if they will tell you ...... good luck.
Useful To Me  Not Useful To Me
guragon Member	03-Jun-2014 10:16        guragon About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today price will be erratic. The next few days price will be volatile. Many have bought this stock hoping for quick profit pending announcement. The fund managers has not buy yet. Consider only 22% of China Everbright Water in the market.  To acquire 2 to 3% of this new company for investment will be a market mover. There are believers and non believers in Hankore long term prospect.  RTO is only the new chapter of this new company. Many more deals, corporate or acquisition announcements will come in due course. To me, China Everbright Water is just a beginning.  It' s in the right industry operating in the right place with the right government support. I am very optimistic of the long term. Have faith if you are long term.
Useful To Me  Not Useful To Me
wxp8838 Veteran	03-Jun-2014 10:07        wxp8838 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good to say.this papapaass is a totally  mentally ill. dwong88      ( Date: 03-Jun-2014 09:54) Posted: posting sarcastic remarks on forums wont help anything. This is a place to share, not a place to laugh at others when the share price drops... you may as well not post if you are just gonna be an empty vessel. papayaface      ( Date: 03-Jun-2014 09:49) Posted: Ha ha. For me to know and for you to find. May be you can ask the shortist BB if they will tell you ...... good luck.
Useful To Me  Not Useful To Me
superakan Veteran	03-Jun-2014 10:05        superakan About Contact  Quote this Post!
x 0   x 0  Alert Admin	This papayface must have been eaten lots of sour grape . Those who sell earlier below 1.16 must be hating you now ! .  dwong88      ( Date: 03-Jun-2014 09:54) Posted: posting sarcastic remarks on forums wont help anything. This is a place to share, not a place to laugh at others when the share price drops... you may as well not post if you are just gonna be an empty vessel. papayaface      ( Date: 03-Jun-2014 09:49) Posted: Ha ha. For me to know and for you to find. May be you can ask the shortist BB if they will tell you ...... good luck.
Useful To Me  Not Useful To Me
dwong88 Member	03-Jun-2014 09:54        dwong88 About Contact  Quote this Post!
x 0   x 0  Alert Admin	posting sarcastic remarks on forums wont help anything. This is a place to share, not a place to laugh at others when the share price drops... you may as well not post if you are just gonna be an empty vessel. papayaface      ( Date: 03-Jun-2014 09:49) Posted: Ha ha. For me to know and for you to find. May be you can ask the shortist BB if they will tell you ...... good luck. PoorEric      ( Date: 03-Jun-2014 09:34) Posted: Oh pls tell me whats your " fair valuation' then?   :)
Useful To Me  Not Useful To Me
papayaface Supreme	03-Jun-2014 09:49        papayaface About Contact  Quote this Post!   Yells: "This is the best time to enter....when everythings uncertain"
x 0   x 0  Alert Admin	Ha ha. For me to know and for you to find. May be you can ask the shortist BB if they will tell you ...... good luck. PoorEric      ( Date: 03-Jun-2014 09:34) Posted: Oh pls tell me whats your " fair valuation' then?   :) papayaface      ( Date: 03-Jun-2014 09:29) Posted: Told you that its coming down down down. Run and dont be greedy.  The show has just began.... Good luck
Useful To Me  Not Useful To Me
Spivvy Elite	03-Jun-2014 09:45        Spivvy About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	虽 然 我 们 不 知 道 明 天 股 价 会 涨 会 跌 ， 但 买 卖 的 决 定 可 不 能 随 便 ， 仍 然 要 有 根 据 (your decidions to buy/sell must have a basis)。 要 根 据 自 己 估 算 出 来 的 涨 跌 机 率 (rise or fall probability) ， 订 定 一 套 买 卖 纪 律 (discipline) 。 ?以 他 而 言 ， 只 有 在 上 涨 机 率 大 于 下 跌 时 (when probability to rise exceeds probability to drop) ， 才 会 买 进 (buy) ； 而 当 下 跌 机 率 大 于 上 涨 (vice-versa) ， 当 然 就 会 卖 出 (sell)。 如 果 涨 跌 机 率 各 占 一 半 (probability rate 50-50) ， 他 不 会 采 取 任 何 动 作 (HOLD) ！ 或 许 你 会 存 疑 ， 倘 若 根 本 不 知 道 机 率 该 怎 么 办 ？ 对 此 韦 伯 认 为 ， 你 还 没 有 做 好 进 场 的 准 备 。 他 补 充 说 ： ?很 多 时 候 ， 机 率 其 实 早 已 摆 在 眼 前 。 举 例 说 ， 大 盘 一 直 以 来 涨 少 跌 多 ， 手 中 个 股 又 是 积 弱 不 振 ， 那 么 股 价 接 下 来 表 现 不 佳 的 机 率 可 能 大 于 七 成 ， 你 必 须 遵 守 纪 律 ， 断 然 卖 出 ！ ?没 错 ！ 你 不 能 因 为 还 有 三 成 出 现 奇 迹 的 机 率 便 改 变 主 意 ， 这 样 不 但 不 合 逻 辑 ， 而 且 完 全 丧 失 了 操 作 策 略 。 自 行 估 算 的 胜 败 机 率 时 而 出 错 当 然 难 免 ， 必 须 仰 赖 不 断 学 习 来 提 升 分 析 功 力 。 比 较 糟 糕 的 是 ， 当 你 的 分 析 完 全 正 确 ， 但 却 根 本 没 去 执 行 ， 这 就 是 在 跟 自 己 的 荷 包 过 不 去 了 ！ Have you all calculated hankore' s probability rate & made the right decisions ???
Useful To Me  Not Useful To Me

                                                         First   < Newer   1041-1060 of 1757   Older>   Last