Meiban was up on Friday (29/12/2006) market closing at S$0.27 ,
Trading for Meiban stock may not be a good idea because the
volume sometime will trade less or no trade at all, is better
to look for long term prospect in Meiban with the investment Criteria
that set in Meiban.
I have to look for analysts report on Meiban to look for a good opportunity to buy.
http://research.sgx.com/
Tough time for Singapore construction sector will soon be over, Thanks to the rollout of Marine Integrated Resort and Integrated Resort on Sentosa both are the big multi-billion dollar project in asia that able to create a lot of jobs in Singapore. First the construction sector in singapore will benefit from building the projects, the project is huge will needed more raw materials like construction steel, cement, sand and other building materials etc. Base on the model that builded for display showing, the figure of those materials needed will be in large scale maybe in few hundred tonnes that also needed more construction company to handle the project because of the large scale project that needed to complete within the time schedule required by authority. From here you can see that what are the company will be in benefit of the big multi-billion dollar projects during building period.
let's us see below listed company in SGX...
For cement manufacturers
Jurong Cement
The Company was incorporated on 23 April 1973 under the name Jurong Cement Pte Ltd. It was founded by the Lam Soon group of Singapore and Tasek Cement Bhd.
The Company commenced commercial production on 31 October 1975. In the 1990s, Jurong Cement started diversifying into other more specialised cement products like masonary cement and blended PBFC, along with other building material related products in the pipeline.
Besides manufacturing in Singapore, Jurong Cement has 4 fully integrated cement plants in China (Beijing, Zhejiang and Meishan). Further diversification lies in property investment and development in joint ventures including industrial parks in China.
Today, Jurong Cement Ltd has fully integrated its acitivities with its latest technology and automated its operations to help it remain a key player in the local cement industry.
San Teh
San Teh was founded as a joint venture between Taiwanese turned Singaporean entrepreneur Kao Shin Ping and Sun Arrow Industry Co Ltd of Japan back in 1979. It was incorporated as San Teh Rubber Industry Co (S) Pte Ltd on 11 April 1979 with a paid-up capital of $1.0 million. In 1982, Mr Kao bought over from Sun Arrow Industry Co Ltd the remaining interest in the Company.
In 1993, the Group diversified into building material business and commissioned the construction of a cement plant at Fujian Longyan. In 1995, it expanded the building material division by setting up a PVC pipe factory in Nantong. In the same year, the Group further diversified into the hotel and leisure related business. In 1999, it divested its silicon rubber keypad operation and exited from the electronics industry.
Headquartered in Singapore, the Group is principally engaged in building materials as well as hotel and property businesses.
It has a cement plant with an annual clinker production capacity of 1.6 million ton at Fujian Longyan of China. Its cement is marketed under the brand "San Teh " and it is one of the largest cement manufacturers in the Fujian province. In recognition of its high product quality, San Teh has been awarded with the "Certificate of Exemption from Inspection" by the State Quality Supervision and Inspection Bureau.
It also manufactures PVC pipes and fittings at Nantong of China. Its products are mainly used in the building, sewage, water supply and telecommunication sectors. Its plant production capacity is 15,000 ton per year and its principal market is in the eastern region of China.
San Teh owns and operates a 255-room four star hotel located in the city of Nantong. It is currently constructing a resort hotel at Suzhou and a 15-storey office building at Anting, which is at the outskirt of Shanghai.
Here are a list of construction companies in singapore SGX listed in below following:-
IPCO
The Group was first established as Ipco Marine Ltd in Hong Kong in 1975 to undertake international engineering and construction projects.
The Company was incorporated on 28 May 1992 as an investment holding company. It was converted to a public company on 15 April 1993.
IPCO is a developer, turnkey contractor and investor in oil & gas, power, transportation, water & environment and industrial infrastructure projects worldwide. Its completed contracts in over 30 locations worldwide: Singapore, Malaysia, Brunei, Indonesia, Thailand, Vietnam, Taiwan, Hong Kong, Nigeria, Papua New Guinea, Saudi Arabia, Iran, Republic of South Africa, Uruguay and Venezuela.
In April 2005, Ipco divested its entire stake in infrastructure development and construction subsidiary, Insitu Envirotech Pte Ltd and its subsidiaries. It has been successfully transformed from an infrastructure development and construction company to an investment holding company with a diversified portfolio of strategic investments. Ipco's investment portfolio comprises strategic stakes in various sectors: real estate residential development in the State of Washington, USA; natural gas distribution in Hubei Province, China; high-tech semiconductors in Singapore; integrated automotive component manufacturing in Malaysia; infocom services in Indonesia; and (pending shareholders' approval) engineering and procurement services for the regional oil and gas industry.
BBR
The Company is part of the BBR Holding Ltd Group, offering structural engineering services in over 35 countries. Based in Switzerland and with more than 50 years of operating experience, BBR Holding Ltd, the investment holding company of the BBR Holding Group and its predecessors, initially specialised in prestressing services but later diversified into other construction-related areas, such as construction engineering, construction methods and manufacturing of special prestressing materials and equipment.
The Company was incorporated in Singapore on 7 July 1993 by BBR Holding Ltd under the name Maderia Enterprises Pte Ltd. The Company's name was changed to BBR Construction Systems (Far East) Pte Ltd on 17 November 1993 and subsequently to BBR Construction Systems Pte Ltd on 24 January 1994. It commenced operations in January 1994, providing post-tensioning services, incorporating design, supply and installation. Within the same year, it formed a Malaysian subsidiary and diversified into structural repair and upgrading.
YongNam
The Company was incorporated in Singapore on 19 October 1994 under the name Yong Nam Holdings (Pte) Ltd. On 10 November 1995, it changed its name to Yongnam Holdings (Pte) Ltd. The Company was converted to a public limited company on 20 September 1999 and changed to its present name.
Founded in 1971 to offer mechanical engineering services, the Group has grown to become a multi-disciplinary engineering and construction group focusing on three core business activities: structural steelwork, specialist civil engineering and mechanical engineering.
With a track record of more than 20 years and a fabrication capacity of 45,000 tonnes of steel per year, the Group is one of the region's leading fabrication specialists. It supplies fabricated steel structures to countries worldwide and provides complete solutions; from structural design to erection of steel structures. In specialist civil engineering, the Group's modular strutting system of support and interchangeable components for cofferdam construction enables it to respond immediately to customers' requests for installing temporary support for excavation works. The Group also provides specialist services in the supply, fabrication and installation of mechanical equipment for chemical plants, refineries and other infrastructure projects.
Jasper
Jasper Investments Limited is an investment holding company that invests in growth enterprises in the Asia Pacific region. It was formerly Econ International Limited, a company listed on the SGX in 1993.
In September 2005, a consortium of investors led by Ashmore Investment Management Limited, a London-based emerging market specialist, bought a 45 percent stake in the company.
Ashmore is an emerging markets funds specialist, with more than US$16 billion under management. It invests in fixed income, equity and special corporate situations.
On 23 March 2006, the company, following a change in its principal business from building and construction to investment holding, changed its name to Jasper Investments Limited.
Jasper will bring expertise, network and resources of the Ashmore Group to its partners in the region.
CSC
The origins of the CSC group can be traced back to 1975 when Ching Soon Engineering was founded to undertake excavation works as well as H-section steel piling works. In 1979, it diversified into reinforced concrete piling works and other general civil engineering works. CSC Holdings Limited was incorporated in 1997 as an investment holding company for the Group, and was subsequently listed on the main board of the Singapore Exchange on 13 April 1998.
The CSC Group is now one of the major players in the construction industry in Singapore. The Group is professionally run and it is recognized as a specialist contractor in the areas of foundation and geotechnical engineering with strong design-and-build capability. The Group is also partners to many building and civil engineering contractors in precast construction products and steel fabrication (including welded steel fabric). Sale and leasing of foundation engineering equipment is another new business which the Group has expanded into regional markets.
ChipEngS
Chip Eng Seng Corporation Pte Ltd was incorporated in Singapore on 23 October 1998. It changed its name to Chip Eng Seng Corporation Ltd on 3 November 1999 in line with the change of its status to a public limited company.
The Group is currently engaged in building construction activities in public and private sectors and other construction-related activities, including civil engineering. Incidental to its main business, the Group also owns a few investment and development properties which include residential, industrial and commercial buildings.
The Group's property development and investment arm has undertaken several development projects in Singapore and Australia, both on its own and with its partners
Tuan sing
Tuan Sing Holdings Limited (“the Group”) was established in 1969 and listed on the Stock Exchange of Singapore in 1973. The Group’s primary business activities are property, industrial services, retail and technology. The Group has over 80 subsidiaries and associates, with a workforce of more than 3,400 employees operating in various countries in the Asia Pacific region.
Tuan Sing Holdings is a diversified industrial group with 4 core businesses: Property, Technology, Industrial Services and Retail.
UniFiber
The Company was incorporated in December 1995 in Singapore as Poh Lian Holdings Pte Ltd as an investment holding company working in the construction industry. In conjunction with the initial public offerings, the Company changed its name to Poh Lian Holdings Limited.
The history of the Group can be traced back to 1972 when a partnership named Yew Hock Frame Construction was established to do timber scaffoldings. In 1984, it switched to metal scaffoldings, as required by the government.
Poh Lian Construction (Pte) Ltd was incorporated in 1975 to carry on the business of a contractor. By 1995, it was recognised by CIDB as one of the top 20 Singapore construction companies.
In April 2002, the shareholders of the Company approved a plan to venture into the forestry and pulp businesses. The restructuring exercise involved the acquisition of the entire issued and paidup share capital of Anrof Singapore Ltd group of companies with a forest concession right and extensive forest plantations in Indonesia and with a licence to build and operate a bleached hardwood kraft pulp mill in Indonesia with an annual production capacity of 600,000 tonnes of pulp. The Company changed its name to United Fiber System Limited wef 23 April 2002 to reflect the new core businesses of forestry and pulp production.
The restructuring exercise has transformed UFS from a local construction company to a group with significant regional presence and with synergistic operations in forestry, pulp production and construction.
Magnus
The Company was incorporated in Singapore on 28 March 1983 under the name Strike Electrical Pte Ltd and was renamed to Strike Engineering Pte Ltd on 3 October 1997. The Company adopted Strike Engineering Ltd on 8 July 1999.
Stike began its roots as a sub-contractor undertaking electrical installations. In a span of 20 years, it has built an established track record as a provider of quality and reliable mechanical and electrical engineering ("M&E") services.
With the stiff operating conditions & cyclical nature of the construction business, a strategic decision was made in 2003 to shift its business focus.
The acquisition of a 54.35 percent controlling stake in Mid-Continent Equipment Group Pte Ltd has enabled the group to establish new business opportunities in the oil and gas as well as alternative energies industries in new global markets.
The group will continue to tender selectively for profi table engineering projects. This will be an ongoing process for the group as it looks to diversify its energy business activities, broaden its earnings base and at the same time re-engineer itself to explore new opportunities globally.
In 2004, Strike changed its name to Magnus Energy Group Ltd.
Koh Brothers
The history of the Group dates back to 1960 when Koh Brothers Building and Civil Engineering Contractor was registered as the sole proprietorship concern of Koh Tiat Meng. The successfully completed drainage work for Rochor Canal in 1974 was a turning point for the company. From mainly drainage works, the Group progressed to securing major flyovers and building projects. From 1982, it diversified into equipment sale and rental, manufacturing, hotels and real estate.
Koh Brothers Group Ltd was incorporated on 2 February 1994 as a private limited company. It was subsequently converted to a public limited company and adopted its present name. The Company is an investment holding company. Through its subsidiaries, the Group is engaged in five different business activities comprising construction, building materials, real estate, leisure and hospitality and equipment sale and rental. It is the developer of Sun Plaza, The Capri, The Sierra and the Montana condominium projects. It also has developments in Indonesia and China. The Group's hotels are the Changi Hotel and Oxford Hotel and in Ho Chi Minh City, the Asian Hotel.
Lee Kim Tah Group
Building from basics, the beginnings of the Lee Kim Tah Group (LKT) stretches way back to the 1920s, when the founding Chairman, the late Mr Lee Kim Tah, took over the family business of supplying materials and labour to the British army in Singapore. Its commitment to Quality and Innovative Solutions enabled the Group to introduce much needed modern construction technology to Singapore in the 1980s. The Group is the pioneer of the Public Housing Programme in Singapore undertaken by the Housing & Development Board (HDB). Singapore is renowned for the success of its public housing development.
The ensuing decades witnessed the Group's business expansion. Having established itself in the field of construction, LKT diversified into property development and investments covering a wide range of building projects such as luxury apartments, landed properties, a shopping mall and hotels. Today, its overseas ventures, through its well-established network of subsidiaries and associate companies, stretch far and wide. It is continuing its efforts in the search for business opportunities in new frontiers.
The holding and ultimate holding company is Lee Kim Tah Investments Pte Ltd, a company incorporated in Singapore.
When considering investment in a company, please looks into
Investment Criteria for investing in stocks:-
- management integrity, ability and experience
- market size and growth potential
- product quality and/or development capability
- strategic match of product, production environment and market
- reasonable entry price and terms
- clear exit opportunities.
The above are the list of companies maybe benefit from the big project. we shall watch analysts that rate them in their reports in the coming future.
Investors welcomed its plan to buy an additional 28% stake in Amanda
Industries for US$6 million by exercising a call option, raising its stake
in the latter to 51%.
The company had bought a 23% stake in Amanda, equivalent to 2.3 million shares,
in April, with a call option for a further 28%.
China Enersave will pay US$3 million in cash and the remaining US$3 million by
issuing new shares.
"The proposed acquisition allows China Enersave to leverage on its investment
in Amanda to explore opportunities that may arise for its existing businesses,
particularly in the emerging economy of Vietnam," China Enersave.
It said the initial 23% stake in Amanda has contributed to the group's
profits since May and expects the increased stake to enable the group to further benefit from strong order books and prospects.
If you would take that my posting on 16 Dec. at price below $0.16 on China EnerSave you would make money by now below is the 5 day Chart on China EnerSave price movement.
The share price have convince by the company prospect for their future growth and their future is potential. whoever buy China EnerSave is a winner now.
The target price to look forward is $0.20, if I'm not wrong. We shall see the price growth.
China EnerSave can also help China to cut down the amount of CO2 emission. European Union is going for leading the world in cutting down the CO2 emission by 2020.
Germany, French, UK lead the EU to move ahead on alternative energy because they have experince the climate change in their country, it is an big issues to us too because there is only one earth in galaxy until now there is no other plant like earth that able to let human being for living, if the CO2 emission still continue to out put at high the earth climate may not last within 10 years time from now this is what Al Gore the "Ex-President of united state" said.
The future investment will be major in Alternative enegry like renewable enegry, bio-fuel, fuel cell, wind generated turbine and nuclear power plant. They are the choice toward minimum the CO2 emission in this earth. The earth is our home, no earth no home.
11 Dec. 2006,
Singapore Telecommunications have make the all time high again, base on the news that Merrill Lynch said it has upgraded its target price forSingapore Telecommunications Ltd to a "neutral" from a "sell" and lifted its target price to 2.92 sgd per share from 2.59 previously as it ascribed higher valuations for associates Bharti Telecom and Telkomsel. "While they remain bearish on the prospects for Optus, they are moving the SingTel recommendation from 'sell' to 'neutral' on the back of their upgraded valuation for SingTel's stakes in Telkomsel and Bharti," Merrill Lynch said in a note to clients. Both Bharti and Telkomsel are benefiting from strong mobile growth in India and Indonesia, respectively, which should enable the two companies to boost revenue and dividends in the coming years, it said. Such growth should help offset the prevailing weakness in Optus' earnings, it added.
Singapore Telecommunications had show their strength in their business. recent volume have surge, it believe that fund manager and other big players have enter a buy position on 11 Dec. 2006.
Philip Securities analyst Dennis Lee said SingTel was trading at a discount to
its peers elsewhere in Asia despite its strong fundamentals. Lee has a "buy" rating for the stock and in view of the outlook for the company, given the growth of associates such as Bharti in India, Telkomsel in Indonesia and Globe Telecom in the Philippines.
He said the company had revealed that it expected the performance of its
Australian unit, Optus, to improve in this quarter. "So, without Optus overshadowing SingTel, we think the valuation is currently undervalued and lower than its regional peers. That is driving the stock," Lee said.
9 December 2006
STI for this week have going all time high as dealers said. They added market participants showed a strong appetite for semiconductor stocks.
The Straits Times Index closed up 26.13 points or 0.93 percent at 2,840.94, beating the previous record of 2,838.48 points set last Thursday. Overall volume traded was 1.38 billion shares. There were 344 gainers and 269 losers.
Strong gains in technology stocks followed news that private-equity firm Carlyle Group had bid for the world's largest chip packaging and testing company, Taiwan's Advanced Semiconductor Engineering Inc, for 5.46 billion US dollars, dealers said. They also noted the sector has lagged gains elsewhere in the market for most of this year. "It's only in the past week that they have started to catch up," a local brokerage dealer said, adding that technology stocks are typically strong year-end performers as consumer spending for electronic products peaks.
Chartered Semiconductor gained S$0.08 to S$1.40, STATS ChipPAC added S$0.10 to S$1.24, United Test and Assembly Center rose S$0.025 to S$0.755 and Global Testing Corporation was up S$0.025 to S$0.260. Venture Corp closed S$0.30 higher at S$14.10. Among blue chips.
Singapore Telecommunications rose S$0.01 to S$2.96, Singapore Airlines jumped S$0.10 to S$15.60, ST Engineering added S$0.02 to S$3.08 and Singapore Press Holdings rose S$0.06 to S$4.34.
Bank stocks were mixed with DBS Group Holdings S$0.30 higher at S$20.80, Oversea-Chinese Banking Corporation unchanged at S$7.20 while United Overseas Bank fell S$0.10 to S$18.80.
Keppel Corp advanced S$0.50 to S$S17.30. Among property stocks, CapitaLand and Keppel Land gained S$0.15 each to S$6.00 and S$6.70, respectively, while City Developments was unchanged at S$12.30.
Let's us watch the STI going for 3000.
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