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Is this company making fasterners or in renewable energy business???
The company director has bought back shares of about 6000 lots at 26 - 27.5 cents in Dec 2010.This will certainly boost the confident level / support of the company going forward.
The company now focus of the new energy business and is gaining strenght + the future is bright.
Before long, you will see this counter price moving up to 30 cents soon.
Kim Eng has a Buy call of TP 35 cents. Cimb also has a Buy recommendation ..
Aiya masterlim..wish to load up but no bullet liao. paisei
masterlim8888 ( Date: 21-Jan-2011 22:55) Posted:
| do load when its on dip. the next rally will be more than 30 cents.
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do load when its on dip. the next rally will be more than 30 cents.
on a charity note if you have made some profits, do contribute some back to society in need. its cny period.
it really depends on your likes. both are really good.
whats your time horizon and liking to the sectors here? both have huge potential to rally more.
Masterlim, which counter would you recommend, rafflesedu / renewable energy, if i only can choose one? haha. limited capital =X
yeap. haha. be patient. the next time it rallies, hopefully it will reach 0.35. lull before the storm~~
dragoncloud1988 ( Date: 21-Jan-2011 14:16) Posted:
| Boring day for this counter |
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Boring day for this counter
yes. thats right.
do load when its on dip. the next rally will be more than 30 cents.
So far no change in fundamentals ....just a mild correction, which should be viewed as healthy.
It is just an excuse to take profits
no. its china more tightening measures.
do load when its on dip. the next rally will be more than 30 cents.
should be due to wall street fall. their bank and tech stocks fell.
http://www.reuters.com/article/idUSL3E7CK00A20110120
what's the news? whole market drop so much.
aleoleo ( Date: 20-Jan-2011 08:39) Posted:
| too slow to run up, push up please .... |
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too slow to run up, push up please ....
do get vested now. other renewable energy stocks ran up a lot already....it run up very fast if it is played and gets the attention.
load up before you are left out
I think this is all based on assumption that the new business will make money in the future. The amt is in RMB and I think the FA is still in the red. The PE is rather high. If you are willing to take high risk then perhaps you may try. May be can consider Sinwa which is much safer for long ...
Huge investment from Chinese government in renewable energy for next 10 years, will definitely benefit this stock.
Investing in a greener future – The Chinese government is taking its green industries seriously. To them, renewable energy is a huge step in pushing forward their economic restructuring agenda, besides the obvious environmental benefits. In order to promote the development of the renewable energy sectors and meet the carbon emissions reduction targets by 2020, the National Energy Administration (NEA) of China has laid out an ambitious roadmap for the next ten years. From 2011 to 2020, direct investments totaling RMB5 trillion will be required. We have identified a few SGX‐listed stocks that will be able to ride on this strong underlying theme. Within this space, we like Renewable Energy Asia (REAG SP) the best for its unique play on China’s wind energy market (the first and only company listed here). It recently secured a concession to develop a 49.5MW wind farm in Binhai New Area, China with its joint venture partner, Datang Renewable, which owns a majority 51% stake.
gojira ( Date: 18-Jan-2011 23:55) Posted:
Master Lim, I'm thinking of loading up some more. Are you still entering or you just sitting on some oredi?
masterlim8888 ( Date: 18-Jan-2011 23:46) Posted:
do get vested now. other renewable energy stocks ran up a lot already....it run up very fast if it is played and gets the attention.
load up before you are left out |
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Master Lim, I'm thinking of loading up some more. Are you still entering or you just sitting on some oredi?
masterlim8888 ( Date: 18-Jan-2011 23:46) Posted:
do get vested now. other renewable energy stocks ran up a lot already....it run up very fast if it is played and gets the attention.
load up before you are left out |
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