| Latest Forum Topics / China Everbright Last:0.225 -- |
|
|
HankoreEnv (U9E) Discussion
|
|||||
|
autojogg
Member |
03-Jun-2014 09:03
|
||||
|
x 0
x 0 Alert Admin |
wah....tohhhhhh |
||||
| Useful To Me Not Useful To Me | |||||
|
halleluyah
Supreme |
03-Jun-2014 09:02
|
||||
|
x 0
x 0 Alert Admin |
news out....so run rd liao |
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Spivvy
Elite |
03-Jun-2014 09:02
|
||||
|
x 0
x 0 Alert Admin |
TOH!!!!!!!!! |
||||
| Useful To Me Not Useful To Me | |||||
|
GuavaXF30
Elite |
03-Jun-2014 09:02
|
||||
|
x 0
x 0 Alert Admin |
Oh Oh.
|
||||
| Useful To Me Not Useful To Me | |||||
|
hem2998
Veteran |
03-Jun-2014 09:01
|
||||
|
x 0
x 0 Alert Admin |
sell on news?
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
ozone2002
Supreme |
03-Jun-2014 09:00
|
||||
|
x 0
x 0 Alert Admin |
Hankore Environment Tech Group has on 2 June 2014 entered into a conditional sale and purchase agreement to acquire the entire issued and paid-up share capital of the China Everbright Water Investments for a total consideration of approximately SGD 1.2 billion, which will be satisfied entirely by way of an allotment and issue of 1,940,269,305 Consideration Shares. Upon Completion, the Vendor will own 78%  of the Company and the Company shall be re-named as China Everbright Water Limited.  The Company will own a total of 32 waste-water treatment plants (with a designed capacity of 3,400,000 tons per day), 4 reusable water projects (with a designed capacity of 62,000 tons per day), 1 waste-water source heat pump project which services an area covering 125,000m2 , 2 completed Build-Transfer projects (with a designed capacity of 110,000 tons per day), 56km pipeline network and 10 pump stations (investment scale equivalent to 250,000 tons per day). (Closing Price: S$1.205, Halt) |
||||
| Useful To Me Not Useful To Me | |||||
|
Peterngchinheng
Senior |
03-Jun-2014 08:54
|
||||
|
x 0
x 0 Alert Admin |
Open at $1.22 only!
|
||||
| Useful To Me Not Useful To Me | |||||
|
hem2998
Veteran |
03-Jun-2014 08:48
|
||||
|
x 0
x 0 Alert Admin |
All the best and congrats!  
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
GuavaXF30
Elite |
03-Jun-2014 08:47
|
||||
|
x 0
x 0 Alert Admin |
Still to early to real y tell but from the buy and sell pre-opening Q seems like people are not impressed with the deal. Hope it will correct for those vested. Good luck all.
|
||||
| Useful To Me Not Useful To Me | |||||
|
Truthee
Senior |
03-Jun-2014 07:31
|
||||
|
x 0
x 0 Alert Admin |
Wow, all this years of studying . I conclude , fa also can be used to convince me whatever I am doing is correct. Pex cannot, then use ntax. Haha. Cheong are....... How about future pe?
|
||||
| Useful To Me Not Useful To Me | |||||
|
leeeta
Elite |
03-Jun-2014 00:47
Yells: "FA plus TA = Huat all the way." |
||||
|
x 0
x 1 Alert Admin |
From another forum... a) Based on new enlarged NTA per share. Because CEI injecting S$1.2 Bn worth of assets against 1.94 Bn new Hankore shares, the enlarged NTA per share is 34 cts. I will sell everything to BUY Hankore at 34 cts!!   b) Based on market cap i.e. $1.20 per shares of old Hankore (S$509.1 M) Plus S$1.2 Bn, the market cap per share is 75 cts. Don' t believe this correct as we are not factoring potential growth with new implicit support of CEI Group.   c) Based on Price to NTA.....this becomes very interesting as we make comparison with existing players in the same industry....for example - Boustead 2.74 X - United Envtech 5.48 X - SIIC 3.83 X   Average Price/NTA of the above companies is 4 X....applying this 4 X Price/NTA on the enlarged Hankore...$1.36 X   THEREFORE.....I think Hankore should trade  S$1.36  (assume 4 X) to  S$1.70  (assume 5 X).   HUAT AH!!!
|
||||
| Useful To Me Not Useful To Me | |||||
|
Truthee
Senior |
03-Jun-2014 00:25
|
||||
|
x 0
x 0 Alert Admin |
YOu are right!!!! hahahaha
|
||||
| Useful To Me Not Useful To Me | |||||
|
|
|||||
|
Jackpot2010
Master |
03-Jun-2014 00:21
|
||||
|
x 0
x 0 Alert Admin |
1S$ = 4.98 Rmb Post - EPS = 0.10 Rmb = $0.02 Current sh px = $1.19 PE = 59.5 times NTA = 1.44 Rmb = $0.289 NAV = 1.56 Rmb = $0.313 |
||||
| Useful To Me Not Useful To Me | |||||
|
Truthee
Senior |
02-Jun-2014 23:52
|
||||
|
x 0
x 0 Alert Admin |
Pre was 0.05, so at $1.20, its trading at 24 times so post 0.1, at 24 times, we are looking at $2.40, with drop in gearing, they can improve R by taking more cheap debt and expanding..... But NAV dropped (ignore NTA), so me think 1.80 in short term is about right .... VESTED |
||||
| Useful To Me Not Useful To Me | |||||
|
pjnecy
Member |
02-Jun-2014 23:05
|
||||
|
x 0
x 0 Alert Admin |
Noob with FA here, but looking at their illustration of effects of the acquisition on EPS: Pre acquisition 0.05 Post acquisition 0.10. Thats 2x earnings after factoring in dilution.. Can FA experts please comment?  |
||||
| Useful To Me Not Useful To Me | |||||
|
steven080967
Senior |
02-Jun-2014 22:57
Yells: "careful trader/investor" |
||||
|
x 0
x 0 Alert Admin |
i bet hankore investors can' t sleep tonight, not from worry but from anticipation of how much money in profit when the market opens, good luck to all! |
||||
| Useful To Me Not Useful To Me | |||||
|
hem2998
Veteran |
02-Jun-2014 22:53
|
||||
|
x 0
x 0 Alert Admin |
If the shares are being issued at 70c and the stock is trading at $1.20....
A lot of potential may alr been factored in? |
||||
| Useful To Me Not Useful To Me | |||||
|
kenkhyang
Member |
02-Jun-2014 22:43
|
||||
|
x 0
x 0 Alert Admin |
Hi brothers, Not sure i am right, i feel i am some how short change as a very small share holder. Few days back, the share has consolidated from 10:1 where its  5000+ mil shared become 500+ mil and now another injection and all original share holder (100 percent)   become 20 percents (500mil) and the China Bright will own 80 percents (2000mil). Total is 2500mil shares in markets. I suddendly feel i am so small. Now i also understand why the deal never go thru last month. If deal go through last month before 10:1 consolidation, it  will become the biggest laughing issue in sgx market where the toal share floating after Everbright injection is 25000 mil shares or 25000 000 000 shares. If i am a fund manage, i will be not be so happy but lucky i am not haha :) Tks for reading bro... |
||||
| Useful To Me Not Useful To Me | |||||
|
reknab
Member |
02-Jun-2014 22:33
|
||||
|
x 0
x 0 Alert Admin |
Sure, I' ll PM you
|
||||
| Useful To Me Not Useful To Me | |||||
|
leeeta
Elite |
02-Jun-2014 22:01
Yells: "FA plus TA = Huat all the way." |
||||
|
x 0
x 0 Alert Admin |
ok guys cccx calling me to the peak..drink champagne..tok tomorrow. |
||||
| Useful To Me Not Useful To Me | |||||

