ShareJunction - Member Posts

Back

Latest Posts By ozone2002 - Supreme

About ozone2002

First < Newer 5481-5500 of 7452 Older> Last

25-Aug-2009 16:04

Citic Envirotech / United Envirotech

Go to Message

x 0

19.5..! go go go!

Good Post Bad Post

25-Aug-2009 15:42

Citic Envirotech / United Envirotech

Go to Message

x 0

19c 2,000 lot done in 1 trade..

only way is up now.. let's enjoy the ride..

Good Post Bad Post

25-Aug-2009 15:10

Genting Sing / GenSp starts to move up again

Go to Message

x 0

i would use the wise words "Irrational Exuberence!"

Good Post Bad Post

25-Aug-2009 14:49

Genting Sing / GenSp starts to move up again

Go to Message

x 0

on the warpath to $1

cheers!

Good Post Bad Post

25-Aug-2009 11:51

Olam Intl / Ramping up its capex

Go to Message

x 0

olam looking good..

vol surpassing the previous day vol..

stochastic turning up..

riding on the back of noble..

Good Post Bad Post

25-Aug-2009 11:41

Citic Envirotech / United Envirotech

Go to Message

x 0

somebody ate up the whole 18.5 sell Q..1,000+ lots..

happening! :)

Good Post Bad Post

25-Aug-2009 10:58

Olam Intl / Ramping up its capex

Go to Message

x 0

got Temasick support..

why worry..

Good Post Bad Post

25-Aug-2009 10:54

Midas / Midas

Go to Message

x 1

x 0

Midas will benefit from this frenzy.. buy while it's cheap

Railway-building frenzy in China

Written by Andrew van Buren (China correspondent)
Tuesday, 25 August 2009
The following is a translation by our China correspondent, Andrew van Buren, of a recent article on www.fec.com.cn SGX-listed Midas Holdings designs and manufactures aluminium alloy products (above) for the production of train carriages. BY YEAR-END 2008, China already had 29 key subway lines with 10 cities having a total of 776 kilometers of track. Annually, subway cars carried passengers on 2.21 bln separate trips last year. Beijing, Shanghai and 15 other cities have a total of 50 tracks and 1,154 km of lines still under construction, said Mr. Lu Kehua, director of the urban/rural section of the department of Construction Bureau at the State Council. Currently, there are approximately 27 cities in the initial planning stages for launching their own subway systems. Among them, 22 have received start-construction approval from the State Council. Up to 2015, Beijing, Shanghai, Guangzhou and 19 other cities will have built 79 subway lines totaling 2,260 km with total investment of 882.0 bln yuan. Earlier this year, the National Development and Reform Commission's (NDRC) Mr. Wang Qingyun, director of the infrastructure department, said the commission has already approved – or is on the verge of approving – 23 urban subway projects. Mr. Lu Kehua said that the above approved project tallies do not include those proposed subway systems still under construction. This means that in 2015, China will have a total of 158 lines totaling 4,189 km. According to information from industry insiders, the entire approval process exercised by the NDRC requires at least three levels of authorization, in addition to mandating that cities under consideration for a subway system must have at least three mln inhabitants and a gross domestic product (GDP) of over 100 bln yuan. In addition, projects should receive at least 10 bln yuan from local financing. And as for light rail urban lines, the required figures need only be 60% of those stipulated for subway lines. Currently, 50 cities across China have plans for such systems that meet or surpass all the above requirements. Is the credit nightmare over? Actually, this is not the first time in China’s relatively short period of rapid economic development that several cities have had simultaneous plans to develop their own subterranean mass transit systems. Some cities have had such dreams for decades and railcars can already be heard rumbling beneath many of their major street-level thoroughfares. Due to concerns that a herd mentality would ensue as cities sought to keep up with their peers in the public transport drive and the status and investment that such amenities bring, the State Council on at least two occasions issued a “stop work” order and a temporary moratorium on new project approvals to prevent a frenzied nationwide subway digging campaign from getting out of hand. In 1995, directive No.60 of the State Council issued such a “stop work” order and put a freeze on new project approvals. In October of 2002, the State Council once again ordered subway projects across the country to halt construction. Some of the more notable projects affected by this moratorium at the time were lines in Hangzhou, Shenyang and Shanghai’s M8 line. According to analysts, the main incentive for regulators to issue “stop work” orders is over fears that various subway projects have become bottomless pits with no clear timeframe for profitability, and with legacies that bequeath massive financial burdens to local communities for years on end. According to industry insiders, 700 mln yuan of investment is required for each kilometer of track, which many city officials consider to be far too exorbitant and out of their respective budgets. This led to two embarrassing examples of half-finished projects in the mid-1990s due to a sudden drying up of funds in both Chongqing and Qingdao. The conundrum is that a fast growing city economy will provide the required GDP to authorize a subway system, as well as a growing sense of pride mixed with some sense of entitlement among the hardworking denizens of the city. But fast economic growth also encourages riskier lending practices on more generous terms that can backfire and leave city officials and planners red-faced as they stand over half-finished holes in their downtown centers. “We are very happy to have this chance for development. If there was no global economic crisis, then applications and approvals would not be flowing in at this pace. It is both a function of the government’s drive to boost domestic demand and bolster the local economy,” said an expert on the ongoing Nanchang city subway project.

Good Post Bad Post

25-Aug-2009 10:26

CapitaLand / Capitaland

Go to Message

x 0

UBS issued a report.. TP $4.75!

on the way to riches :)

Good Post Bad Post

25-Aug-2009 09:28

Citic Envirotech / United Envirotech

Go to Message

x 0

18 broken!!..now 19!..20 not too far away!

Good Post Bad Post

25-Aug-2009 09:19

SoundGlobal / Epure International

Go to Message

x 0

this stock in play today..

Good Post Bad Post

24-Aug-2009 22:32

Midas / Midas

Go to Message

x 0

did some TA analysis just now

Stochastic is turning up with blue line cutting the red (bullish)

MACD histogram turning green after a series of red (bullish)

CCI upward move to 0 showing oversold (bullish)

Looks like Midas is gettin back its form.. hope to see more upside tomorrow.. Cheers!

DYODD..

Good Post Bad Post

24-Aug-2009 17:22

Midas / Midas

Go to Message

x 1

x 0

nice close @ 86.. with close to 900 lots done at the last min..

looking forward to more upside..

ozone2002 ( Date: 24-Aug-2009 13:02) Posted:

midas is inching up slowly..gotta clear 86 to have a significant move up

Good Post Bad Post

24-Aug-2009 17:01

Citic Envirotech / United Envirotech

Go to Message

x 0

cos i buy mah..keke last min they push up to 18c.. good good!.. :) 20c coming

Good Post Bad Post

24-Aug-2009 14:33

YZJ Shipbldg SGD / Cruising with the ship ..Yangzijiang

Go to Message

x 0

yeah back in favour again!

highest 1.02

Good Post Bad Post

24-Aug-2009 13:02

Midas / Midas

Go to Message

x 1

x 0

midas is inching up slowly..gotta clear 86 to have a significant move up

Good Post Bad Post

24-Aug-2009 11:39

Genting Sing / GenSp starts to move up again

Go to Message

x 0

h1n1 2nd wave coming ... but for the time being ride the wave

Good Post Bad Post

24-Aug-2009 10:43

CapitaLand / Capitaland

Go to Message

x 0

3.76 and top vol!

Good Post Bad Post

24-Aug-2009 09:51

Swiber / Swiber

Go to Message

x 0

swiber startin to move..

Good Post Bad Post

24-Aug-2009 09:27

Citic Envirotech / United Envirotech

Go to Message

x 0

i also accumulate with them..17.5 keke

waiting for the breakout!!

Today china reported drought, need for water is imminent!

lawcheemeng ( Date: 22-Aug-2009 12:44) Posted:

like you say fair bit of accumulating at 17tcs to 17.5 cts, i assume that is the supportbase forming at that price, accumulate long effort it have to move up the next level. T P next to hit 19.5cts if with goood news maybe new contract then move abt 20cts. hehehe.( do not quote me., wild guess only)

ozone2002 ( Date: 22-Aug-2009 11:43) Posted:

utd forming a flagpole and pennant pattern again.. pending a breakout soon.. watch for it..

Good Post Bad Post

First < Newer 5481-5500 of 7452 Older> Last

ShareJunction Version: 27 Nov 2020 ver - All Rights Reserved. Copyright ShareJunction Pte. Ltd. Disclaimer: All prices from are delayed. ShareJunction does not provide you with any financial advice. We are not into the business of providing any investment advice. See our Terms and Conditions and Privacy Policy of using this website. Data is delayed for varying periods of time depending on the exchange, but for at least 15 minutes. Copyright © SIX Financial Information Ltd. and its licensors. All Rights reserved. Further distribution and use by third parties prohibited. SIX Financial Information and its licensors make no warranty for information displayed and accept no liability for data and prices. SIX Financial Information reserves the right to adapt and/or alter this website at any time without prior notice.

Web design by FoundationFlux. Hosted with Signetique Cloud.