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something gg on with this stock..has been on the uptrend..
vested this morning @ 45c
watch out for this GEM!!!!!
i am not asking bros here to buy nor sell however u guys just monitor ok? Hope when u guys see the upside then u join in ok?
cheers..... I am waiting cum hoping for 8% uptrend tomolo if USA perform.....
some contracts cooking in China...should be flying very soon.....catch this before it shoot up...
Still hanging on at $1.
Well done.
Better watch for the banks
Most defensive and most dividends also
First to recover and shoot through the sky !
When Ben cut the frist rate, DBS went up almost $2
All banks have until now still been given outperform by DAIWA
Citigroup have also given around $26-$27 for DBS, UOB
"come on everybody, do your part.
come on everybody, with your soul and heart...."
Reminds me of army song.
Should be on the uptrend as it has not been moving align with the rest of the counters.
Based on current price, the PE is less than 10 times, which is much lower compared to domestic peers at 24.5 times and global players at 22 times.
Hopefully, it will surge to 1.20 level soon!
Likely winner in industry consolidation.
producer in Henan and the sixth-largest one in China. As a coal-based urea
producer, XLX has the lowest cost in Henan and the fourth-lowest cost in China
XLX?s cost advantage, due to its proximity to coal mines, advanced technologies
and self-generation of electricity, makes it a winner in industry consolidation.
XLX is the largest coal-based ureaStrong product prices.
3% p.a. in 2007-09. Given China?s drive to raise grain output and consolidate urea
industry, we expect its urea demand to grow at 5% p.a. in 2007-10, outpacing
capacity addition of less than 4% p.a. Lending support to domestic prices is strong
overseas prices, partly due to the US? push for bio-fuel. Methanol prices will be
bolstered by the development of methanol fuel and DME.
We expect urea and methanol prices in China to rise 1-Doubled capacity and acquisitions to propel growth.
higher self-sufficiency in electricity and lower transport cost, we expect XLX?s net
profit to grow 142%, 20% and 1.4% in 2007, 2008 and 2009.
Driven by capacity expansion,Fairly valued.
and a fair price of S$1.84, based on 24.5x FY08 PE. Further upside could come
from forthcoming acquisitions.
Currently, XLX is well below domestic peers of 24.5x and global peers of 22x. Initiate coverage with BUY rating