Singapore Market News, Stock News, Company news, investment and other informations. - The information and analysis provided here does not constitute investment advice and the blog owner shall not be liable for any monetary losses or other material losses incurred as a result of using information from this blog.

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Wednesday, January 31, 2007

China Farm Equipment launches IPO at $0.345 of 62 million new shares.

China Farm Equipment Ltd, a China-based manufacturer of farm equipment, launched an initial public offer (IPO) here of 62 million new shares at $0.345 per share, aiming to raise S$17.8 million in net proceeds. The IPO comprises a retail tranche of 3 million shares and a placement tranche of 59 million shares. China Farm said it will use the net proceeds to acquire more plants, machinery and production facilities, enhance research and development capabilities, expand sales and marketing network and the rest for working capital requirements. SAC Capital Pte Ltd is the IPO manager, while UOB KayHian Pte Ltd acts as underwriter and placement agent. The public offer will close on February 7 and trading will commence on February 9.

"The directors believe that China offers substantial growth potential for
its farm equipment industry, China Farm said. "The Chinese government's support and encouragement for mechanization in the Chinese agricultural industry will lead to increased automation and growth and developmento of the Chinese agricultural industry," it added. The company said it intends to distribute dividends of not less than 30% of its net profit to shareholders for its 2006 financial year.
Its net profit surged 156.8% year-on-year to 33.9 million yuan in 2005 on the back of a 51.5% jump in revenue to 236.5 million yuan. For the 10 months to October 2006, the group posted net profit of 44.8 million yuan and revenue of 254.6 million yuan.

I think this is one the good investment in China stock especially in China farm equipment. The best is to look for Ex-state own company (mean last time the company was own by the Govt. but now is become private company.) in this way you will be safe and the growth will be potential. It is better to get as many information as possible that will reduce the risk in your investment.

Saturday, January 27, 2007

UTAC's target price raised to $1.21





United Test and Assembly Center (UTAC) target had raised to S$1.21 from S$1.08 after
the company increasing its forecast of the net profit for this year by 1.3% to US$89.9 million .

UOB Kay Hian is keeping its "buy" rating for the UTAC. The reason for keeping the buy rating for UTAC is the Valuation is attractive, with the 2007 price-to-earnings ratio at nine times and price-to-book ratio at 1.4 times.


The brokerage expects UTAC to outperform the seasonally softer trend for the industry in the first quarter. It sees new opportunities for UTAC in its DRAM business, with the commercial
launch this month of Microsoft Corp's new Windows Vista operating system and its bid to be Hynix's outsourcing partner in China. The Mixed-signal business will benefit from new businesses in digital consumer and wireless applications in the second half.


Other Links:




Corporate History/Profile
UTAC news press




AUDITORS

PricewaterhouseCoopers


BACKGROUND

The Company was incorporated in Singapore on 26 November 1997 under the name of United Test Center Singapore Pte Ltd and subsequently changed its name to United Test and Assembly Center (S) Pte Ltd in January 1999. It was converted to a public company limited on 15 May 2000 and changed its name to United Test and Assembly Center Ltd.UTAC is a leading independent provider of test and assembly services for a wide range of semiconductor devices that include memory, mixed-signal/RF and logic integrated circuits. UTAC was ranked as the 9th largest independent provider of semiconductor test in 2002 by Gartner Dataquest. Headquartered in Singapore, UTAC has manufacturing facilities in Singapore and Shanghai, as well as well-established sales network in Singapore, China, the United States, Italy, Japan and Israel.UTAC offers full turnkey services that include wafer sort / laser repair, assembly, test, burn-in, mark-scan-pack and drop shipment, as well as value added services such as package design and simulation, test solutions development and device characterization, failure analysis, and full reliability test. The Company's manufacturing facility in Singapore is certified under ISO 9001, QS 9000, ISO 14001 and SAC Level I quality systems.Its customers comprise integrated device manufacturers, fables companies and wafer foundries that design and manufacture semiconductors that power modern electronic devices. Its expertise in both memory and non-memory (mixed-signal/RF and logic) semiconductor devices allow it to provide wide-ranging solutions such as multi-chip packages that integrate memory and non-memory die. For the non-memory segment, its "BM/W" strategy focuses on further strengthening its capabilities in the faster growing Broadband and Mobile/ Wireless communications sectors.


Summary
United Test & Assembly Center Ltd. (UTAC) is an independent provider of assembly and testing services for semiconductor devices that include memory, mixed-signal/radio frequency (RF) and logic integrated circuits. The Company offers services that include wafer sort/laser repair, assembly, test, burn-in, mark-scan-pack and drop shipment, as well as value-added services, such as package design and simulation, test solutions development and device characterization, failure analysis and full reliability test. The Company's customers comprise integrated device manufacturers, fabless companies and wafer foundries that design and manufacture semiconductors that power modern electronic devices. It provides a range of solutions, such as multi-chip packages that integrate memory and non-memory die. Its manufacturing facilities in Singapore, Taiwan and Shanghai, China are supported by a global sales network in Singapore, China, the United States, Italy, the United Kingdom, Japan and Korea.

Wednesday, January 24, 2007

SPC had just released the earning for FY2006.

Singapore Petroleum Co Ltd had just released the earning for FY2006 that the result is fell 29.5% year on year to S$284.57 million, the margins have soften during second half of 2006 this may cause by the higher cost of crude oil purchased for refinery to petroleum products. The recent crude price is lower for example during 2nd half of 2006 SPC maybe purchase the highest crude price at around near US$80/barrel compare to recent price of US$55/barrel there is aready a difference
of US$25/barrel and this is just difference in crude price purchase only that have not included the refinery cost and other costs, this can aready tell you how well is SPC doing in manage the costing.

results of year to December 2006:

Sales - 8.57 bln sgd vs 7.47 bln
Pretax profit - 338.48 mln sgd vs 439.10 mln
Net profit - 284.57 mln sgd vs 403.56 mln
EPS - 55.23 cents vs 79.22 cents
Final div - 20 cents; unchanged
Special div - 15 cents vs 12 cents

Crude oil price.
There is a lot of factors that causes the crude oil price to fall, for example China ready have enough in building up the crude oil reserve, world oil field activity on exploration, oil well drilling, well completion and crude oil recovery that are out numbers of projects that are carring out.(those news can be found on the past news on internet base on the exiting company news to know them.) also as well as the weather that make the demand of crude oil weaken, for example those country this year winter are warmer than last year. There is the news from those experts that said the coming February winter temperature may fall below than December 2006 and January 2007's temperture. I will watch how high the crude price will rebound. let's us see how first.

Invest in Oil stock is risky.
this is due to crude oil price is unpredictable. Even those hedge fund managers they themselve as a professional also making loss on buying crude oil. if you are interested you can look into some area that are extreme far below than market fair price like example AP oil is one of them that are traded at below market fair price and there is issue on CAD investigation going on and that had not resolved yet unitl now so the risk is there but is lower than buying expensive those one. AP oil is good for trading only by buying small amount of volume. - this is my view only, Please do your own research before you commit buying the stock.

Extra-
There is a recent news on US president that wants to put more effort on renewable enegry. This is to believe that the trend crude oil is going for bearish in long term (long term mean next 5 to 10 years time). so please beware of the risk in invest on oil stock.







Tuesday, January 23, 2007

AsiaPharm re-rate by Phillip securities Research.

AsiaPharm Group Ltd recently acquisition of CMNa and Solid Success Group could be possible to become one of the China's Top ten players in the cancer drug industry. The forecasted projection growth for the coming future need to do an adjustment in it's value, because those increased asset are able to get more revenue and increase of business market share (increase the strength in market position in China). This is to be believe there is a significant boost in AsiaPharm's revenue and the profit for the coming future. market analyst forecasted is about double-digit growth for the coming future earning.

The recent collaboration with KKC Corporation Co. Ltd (KKC)could help in conducting the cancer drug clinical trials process in Korea by effective cost saving and that will also help to obtain the necessary approvals to distribute cancer drug in Korea market. This is an incentive to Asiapharm in Korea market.

The company's management will continues to look for more value acquisition in the coming future and this is to done by issues new share placements.

On the other hand most of the Fund manager predicted China domestic market will growth as the certain percentage of the China population getting urbanize where demand is created and the living standard is improve. I believe that AsiaPharm are able to play a important role in China's market in the coming future.

AsiaPharm fair value is S$0.92 - Phillip securities Research





Monday, January 15, 2007

Is AP Oil ready going for a rally?





AP Oil International Limited had close higher at $0.165 and up by $0.015 is AP Oil shares price are going to recover to it's previous higher level?

Base on stock chart, AP Oil had hit to the bottom of the 5 year's low, the previous quarterly earning report show some recoverly and the cashflow had slight improved. The company management are projecting a good earning and improving of cashflow in the coming future quarterly report, as well as hoping for a good FY2007 earning.

NOTE: The Key Stats & Ratios are from Google Finance.

There is an issues on CAD's investigation going on and that have not been resolve to close the case, there maybe have doubt on the investigation.... that will leave to CAD to do their investigate. So just beware of the risk went you buy AP Oil, is better to buy at cheap from the 5 year's low.

NOTE: Please click the below picture for AP Oil's news site.

Please do your own research, the cashflow and some of the data will have to look out yourself on the AP Oil's recent quarterly report.

AUDITORS

Chio Lim & Associates


BACKGROUND
The Company was incorporated in Singapore under the name of Huan Chew Oil Trading Pte Ltd on 24 December 1975. On 24 March 2001, it was converted into a public company and changed its name to AP Oil International Ltd. The Group is principally engaged in the manufacture of lubricating oils and fluids for industrial, automotive and marine applications. It is also engaged in the supply and trading of base oils and additives used in lubricant production.Through its subsidiary, AIM Chemical Industries (Pte) Ltd (AIM), the Group provides tollblending and contract manufacturing services for specialty chemicals. AIM also supplies and trades in chemicals.The Group operates three manufacturing plants, two for manufacturing lubricants and one for manufacturing chemicals, in Singapore. One of its lubricant manufacturing plants has an oil terminal and a private jetty for loading and unloading of liquid cargo. The storage terminal and private jetty capable of berthing up to 15,000 tons of vessel will be completed by end March 2004. Equipment and machinery are expected to be ready by April and official operation is scheduled to be in June 2004.



Summary
AP Oil International Limited is a Singapore-based company engaged in the manufacture of lubricating oil, import and export of oil and fuel, dealing in paraffin wax, lubricating oil and grease, and investment holding. The Company's business segments include manufacturing, trading, and franchising and outsourcing. The manufacturing segment manufactures a range of lubricating oils and fluids, and specialty chemicals for industrial, automotive and marine applications, and provides blending services to its customers. The trading segment trades in base oil and additives, and specialty chemicals. The franchising and outsourcing segment trades in base oil and additives using the Company's brand name. AP Oil International Limited's sales are mainly to South East Asia, Indo-China, East Asia and other countries. AP Oil International Limited has formed a joint venture company in the Philippines, AP Tang Mining (Phil) Corp.

Saturday, January 13, 2007

Results Announcement


The recent market rally is cause by the coming companies announcement on their earning result for the FY2006. Some company will have a good earning.

Friday, January 12, 2007

Learn to invest with insider trading. - SingTel





To have a good insider trading information is better to study the insider biography, background, history & education. Some company do publish the company CEO's biography, background, history & education that show that company is doing their part to make it transparency to the public investors. Those facts can be a good support that he/she knows how to run the business in the company if those facts are relevants to his/her position as a CEO.

Company insider (CEO, CFO etc..) know more about the company business and company operating activity, as well as business risk, business trend and other more...

Those posted picture are copy and paste from POEMS research column, the latest SingTel insider trading transaction record and the historical insider trading transaction as well.

POEMS - Phillip's on-line electronic Mart system.


AUDITORS: Deloitte & Touche


BACKGROUND

Singapore Telecommunications Ltd (SingTel) was corporatised on 1 April 1992 and is licensed to provide telecommunications and postal services in Singapore. The company was listed on the local stock exchange in November 1993 and is majority-owned (2006: 54.27 percent) by Temasek Holdings (Private) Limited. Headquartered in Singapore, SingTel is Asia's leading communications group, with operations and investments in more than 20 countries and territories worldwide.It provides a diverse range of services to meet the communications needs of consumers and businesses, including mobile and fixed-line voice and data, narrow band and broadband Internet services as well as integrated Information Technology and communications solutions.In Singapore, SingTel is the market leader in the telecommunications industry with more than 125 years of operating experience. Leveraging its experience in Singapore, it has successfully expanded overseas. In Australia, it has significant presence through its wholly-owned subsidiary, SingTel Optus – the second largest communications company in the country.Its other investments in Asia include AIS in Thailand, Bharti in India, Globe in the Philippines, Pacific Bangladesh Telecom in Bangladesh and Telkomsel in Indonesia.Its overseas presence further extends to 37 SingTel Global Offices located in Asia Pacific, South Asia, Middle East, Western Europe and North America that deliver network solutions to meet the needs of its multi-national clients, and a pan-Asian chain of 12 world-class data centres that offers a suite of managed hosting telecommunications solutions. These offices and centres are supported by an extensive infrastructure of sophisticated satellite networks and submarine cable systems that provides seamless connectivity across Asia Pacific and to the rest of the world.Today, SingTel is Asia's largest multi-market mobile operator outside China, serving 85 million mobile customers in the seven markets of Singapore, Australia, Bangladesh, India, Indonesia, the Philippines and Thailand.

Summary
Singapore Telecommunications (SingTel) is engaged in the operation and provision of telecommunication systems and services, and investment holding. The principal operations of SingTel are in Singapore and Australia. The Company has subsidiaries that are engaged in activities, such as the provision of mobile phone, Internet, information technology (IT) and consultancy services, and the sale of telecommunications equipment. SingTel also has interests in several other communications companies outside Singapore, including AIS in Thailand, Bharti in India, Globe in the Philippines, Pacific Bangladesh Telecom in Bangladesh and Telkomsel in Indonesia. SingTel has operations and investments in more than 20 countries and territories. In April 2006, the Company dissolved its dormant subsidiary, SingTel (Jersey) Private Limited. In October 2006, the Company sold its entire 40% stake in PT Bukaka SingTel International to PT Bukaka Telekomindo International.

Do your investment research is alway be safe to your investment, is good to know more rather than know nothing or know less. Internet is a good place to do search, if you know the technique of using the search engine and the keywords to search the valuable information.

Reference:-

http://home.singtel.com/about_singtel/board_n_management/senior_management/boardmgmt_seniormanagement.asp

http://en.wikipedia.org/wiki/Lee_Hsien_Yang

Monday, January 8, 2007

2nd Chance: A Muslim Apparel Retailer?

Author: Soon Fong

Who is 2nd Chance?

BACKGROUND
The Group started out as a sole proprietorship in 1975, when Mohamed Salleh set up Second Chance Enterprises to engage in the tailoring of men's garments. By 1976, the business had expanded to 3 tailoring shops. However, due to difficulty in expanding the tailoring business further, Second Chance Enterprises decided to switch to retailing of men's ready-to-wear fashion clothes in 1979.
In 1993, the Group opened its goldsmith shop, called Golden Chance Goldsmith. The gold jewellery retail business is currently the main revenue and profit contributor to the Group. In 1996, the Group expanded its gold jewellery retail business into Malaysia.
The Company was incorporated on 7 July 1981 as Indonesian Mercantile Traders (S) Pte Ltd. It changed its name to Second Chance Enterprises Pte Ltd in 1986 and to its present name in 1987 to reflect its change of status to a public limited company.
The Group is principally engaged in the retailing of ready-made wearing apparel, and gold and diamond jewellery, through a network of retail outlets in Singapore and Malaysia. Its 2nd Chance and First Lady outlets retail mainly the 2nd Chance brand of boys and men's clothing, and the First Lady brand of traditional Malay ladies' and girls' clothing respectively, while its Golden Chance outlets retail gold and diamond jewellery. In 1999, it diversified into property investments.

Business Review for FY2006




As we can see from the profit contribution breakdown, the main contributor is from properties segment which is 43.5%. Rental income was S$6.7 million or 40% of group’s profit before tax.

Apparel ( which many think that it was the main business ) contributed the least or 11.2%. Gold contributed 25% of the earning.

All the 3 segments are enjoying high profit margins as seen in the table above. And I believe the diversity in the business of 2nd Chance is bringing more profits to the company.

Breakdown of its Properties Why so many properties in City Plaza?




2nd Chance is aware of the condition and perception of many towards City Plaza (CP). There are 2 (two) compelling reasons for their purchases in CP. The government that owns Tanjong Katong Complex (TKC) have informed all tenants that this site is earmarked for redevelopment. Their tenancy agreement now includes a clause to vacate premises within 3 months of notice.

All retail profits from gold and apparel business in Singapore comes from our shops in TKC. The other 150 tenants in TKC will also be affected and when the time comes theytoo will be looking for premises hoping to rent or buy nearest to TKC. CP being just across the road, rentals and capital values of its shops is expected to enjoy a big increase when this expected new demand materialise.


It should be noted that any new development will take about 4 years to complete and its rental will be more in line with other suburban shopping centres like Parkway Parade, Tampines Square etc., whose present rentals are 3 to 4 times that of the rentals in CP.


Due to the declining popularity of CP, 2nd Chance had purchased 22 shop units there at depressed prices and expect to greatly benefit in the near future from the expectedincrease in rentals and capital values apart from having ready premises for retail businesses to relocate.

So how much does these assets worth?

The investment properties are stated at directors’ valuation carried out on June 30, 2006. The last independent professional valuation carried out by Jones Lang Lasalle Property Consultants Pte Ltd as at 30 June 2005 on the basis of open market valuation for existing use. It is the Group’s policy to revalue its investment properties at least once in every three years.
Based on the latest revaluation, all the properties are worth S$84 million.

Financial position at end 2006
The Group’s total assets stood at $126.6 million of which $84.7 million consisted of investment properties. Apart from these, the properties, which are self-occupied, amounts to $9.76 million. The Group held $19.95 million of quoted securities including REITS.

The Net current assets position as at end 2006 was $10.94 million and current ratio was
1.53 as compared to $6.81 million and 1.35 respectively in 2005. The increase was due to valuation of securities held for trade at fair market price as per FRS 39 guideline.
The shareholders’ funds were $71.81 million as compared to $58.05 million in 2005. The increase is attributable to the year’s net profit and increase in share capital. The net asset value per share was accordingly, 28.32 cents as compared to 31.78 cents in 2005.

What’s interesting about 2nd Chance?
Dividends Due to the steady growth of the Group a first and final dividend before tax of 20% or 3.0 cents per share, has been proposed for 2006. This is a 20% increase compared to the 2.5
cents per share dividend before tax for last year.

The dividend net of tax of 20% will amount to 2.4 cents per share or a total of $6.08 million on the existing issued capital as at 30 June 2006 giving a payment ratio of about 57.8%.


The Company has an estimated $2.31 million of section 44 credit available for franking the dividend and expect to fully utilise the Section 44 credit before the end of the transitional period in 2007, subject to the availability of profits for distribution.


Also 2nd Chance also announced a dividend of 2.7 cents for FY07 and 3.0 cents for FY08. These figures are attractive as they represent close to a 10% yield annually for the next 2 years and it excludes any further capital gain in the share prices.


Accompanying that, the board also intends to announce dividend for FY09 in FY07. This will give shareholders a chance to know their long term rewards from 2nd Chance and represent the confidence of 2nd Chance.

Earning per share is 3.96 cents on a diluted basis, and this represents a 7.32 times P/E ratio with a share price of 29 cents. This is an attractive figure, as property firms are trading at an higher P/E ratio.

NTA was 28.32 cents, this mean that buying the share at 29 cents represent no premium over its asset. With a high profit margin in its businesses, I do expect share price to be trading at 1.3-1.5 times over its asset or 36.8 cents-42.5 cents.


My personal take is buy for long term with a target of 36 cents to 42 cents with a annual yield of 10%.


Price Chart on 2nd Chance.

















































Saturday, January 6, 2007

AsiaPharm will be growth in the longer term.










During that period Q306 & Q406 AsiaPharm Share price dropped is because one of AsiaPharm's major revenue contributor Maitongna's specification has suddenly changed by the China government, 25ml drug can not be sold any more. In some hospitals if there are 25ml drug available, because AsiaPharm can not sell 25ml now and to sell other 5ml, 10ml, 15ml drugs, they have to wait for next time to rebid to enter into those hospitals. So it will take times to recover the sales and 2q and 3q06 will be affected most. 4q 06 most hospital will start rebidding. Since Maitongna is the market leader so AsiaPharm would be able to covering to the pre-drop level.

strength of AsiaPharm:-
Strong management
-Long term vision
-Transparent
-CFO/internal auditor

Healthy company structure.
-Strong R&D
-High standard manufacturing
-Self owned distribution team
-Healthy financial position

The China Regulation changes and improve market efficiency.
-Healthy competition
-Mergers & Acquisition (M&A)

What I feel that AsiaPharm shares price will hit all time high in the coming future as the business in China getting better. AsiaPharm is going for a long term ride.


AUDITORS
Ernst & Young


BACKGROUND
The Company was incorporated under the laws of Bermuda on 2 July 2003. It is the holding company of AsiaPharm Investments Ltd which owns 95.93 percent of the shareholdings of Shandong Luye Pharmaceutical Co Ltd. Shandong Luye owns 69 percent and 80 percent of the shareholdings of Shandong Luye Natural Drug Research and Development Co Ltd and Yantai Luye Drugs Trading Co Ltd respectively.

The Group is in the business of:
(1) research, development, production and sale of pharmaceutical drugs for the fields of orthopaedics, neurology, gastroenterology and hepatology, focusing on natural drugs and chemical drugs with new formulations;
(2) distribution of products of other pharmaceutical manufacturers in China;
(3) processing and sale of active ingredients, mainly chondroitin sulphate, for the manufacture of pharmaceutical drugs;
(4) sale of R&D results and/or patents of new drugs and provision of research services on a contract basis.


Summary
AsiaPharm Group Ltd. is a specialty pharmaceutical group in the Peoples Republic of China. It specializes in the research and development (R&D), production and sale of pharmaceutical drugs and formulations for chemical drugs, the sale of research and development results and patents for drugs, and the provision of research services on a contract basis. Its distribution network includes 35 sales support offices, covering 30 provinces, municipals and autonomous regions, reaching approximately 2,000 hospitals. Its core products include Lutingnuo, Maitongna, Nuosen, Okai, Sidinuo and Ximingting. In May 2006, the Company's wholly owned subsidiary, Shandong Luye Pharmaceutical Co., Ltd (Luye), acquired the remaining 20% minority interest in Luye's subsidiary, Yantai Luye Drugs Trading Co.

Referece:-
http://ir.asia1.com.sg/asiapharm/stbtnews.html
http://www.listedcompany.com/ir/asiapharm/newsroom/newsroom.cgi?news_cat=News%20Release&
Asiapharm Group Limited: Upgrade to Strong Buy

Friday, January 5, 2007

Thai Beverage Public Company Limited.






I have take note for quite sometime the block volume purchase quite often appear.
let's watch the price will it surge in the coming future.

Summary
Thai Beverage Public Company Limited is engaged in the production, distribution and marketing of alcoholic and non-alcoholic beverages, industrial alcohol and other by-products. It operates through four business segments. The beer/water segment is engaged in the production and sale of branded beer and water products. The spirits segment is involved in the production and sale of branded spirits products. The alcohol segment is involved in the production and sale of alcohol. The related segment is involved in the purchase of packaging materials and sale of by-products. The Company offers beer under various brands, which include Chang, Chang Draught, Chang Light and Archa. Non-alcoholic drinks offered include Chang Drinking Water and Chang Soda Water. It produces, distributes and sells white spirits (Ruang Khao and Pai-Thong), Chinese herb spirits (Chiang-Chun, Chu Sib Neaw and Sua Dum), sake (Shinobu) and brown spirits (rum and whiskey). Its flagship brown spirits brand is Sang Som rum.

Thursday, January 4, 2007

Spotted Noble Group Limited had a volume surge before closing time.

Will watch Noble Group for tomorrow trading to know about the future trend of Noble.

-Try to used the Search option on my blog to kown more about the company news and finanical report.











Summary
Noble Group Limited is an investment holding company in Singapore. The Company, through its subsidiaries, is principally engaged in managing global supply chain of agricultural, industrial and energy products; ship ownership, chartering and the provision of technical ship management services, and trade finance and coal mining. Noble Group Limited operates in two business segments: supply of raw materials, and vessel chartering and related operations. The supply of raw materials segment comprises the Company's businesses of supplying industrial and agricultural raw materials and commodities, coal mining and transport resources. The vessel chartering and related operations segment comprises Noble Group Limited's ship ownership, chartering and the provision of technical ship management services. As of October 23, 2006, DBSN Services Pte. Ltd. held a 37.47% interest in the Company. In November 2006, the Company acquired Sino Agri-Trade Pte Ltd and Great Wall Investments Pte Ltd.

Tuesday, January 2, 2007

LongCheer is one of the fastest growth company in asia.






First day of the market (03/01/2007) LongCheer had closing at S$1.32, the shares price rised up so fast that the chart can tell you this shares is very volatile and most of the time fund managers traded at large volume at once or twice. The risk will have to be factor in when buying LongCheer shares, try to buy at bad time when the price is the lowest during Sept. to Oct. month that is the time where most of the stock are bottom, if you don't believe me you can check it out yourself on the one year chart for LongCheer shares price and try to figure out what is the price of LongCheer during Sept. to Oct. for last year and take the lowest to compare with the present price you will know that Sept. to Oct. is a good time to buy because the shares price raising up smooth at most of the year pattern (good stock will have this kind of pattern). This is a good investment planning for long term.

Why LongCheer is so good that make me so interesting in it? LongCheer is one of the leading Chinese mobile handset designer. I have done my research on the term "fastest growing" + "asia" + "Deloitte" + "2005" on the search engine to look for the search list and then I browse thru the link one by one from the search list to look for the finding on fastest growth companies listed in asia. I did find the link from Deloitte is the one of world leading auditing company that able to nominate and ranked those top growth companies in Asia, Europe and US. From the ranked list I try to find those companies that are listed in Singapore Exchange, had found a few of them but I take LongCheer because Longcheer is the top of the among of them. At this moment you can study thru the LongCheer annual report and you will know from there this company is health in the accounting. That is how I do my research from raw. well, investment is not a gamble if you have done well in your research and you will get the return from what you have paid off...

AUDITORS:
Deloitte & Touche

BACKGROUND:
The Company was incorporated in Bermuda on 12 August 2004. It is a Chinese mobile handset design house, positioned in a high value-added part of the handset value chain which generates strong margins.

The Group specialises in providing Complete Knock Down ("CKD") and Semi Knock Down ("SKD") design solutions for telecommunications customers in China. It offers hardware, software and external design solutions to customers' requirements. Its CKD design solutions consist of Printed Circuit Board ("PCB") and software solutions. Its SKD design solutions consist of providing Printed Circuit Board Assembly ("PCBA") mainboard and software solutions to its customers. The PCBA mainboard comprises the printed circuit board ("PCB"), Analog Devices, Inc ("ADI") chipset (which is bundled with TTPCom Ltd ("TTP") protocol software), Flash memory, musical instrument digital interface ("MIDI') chipset, power amplifier ("PA") and switch component which are assembled by electronic manufacturing services ("EMS") manufacturers.


Reference:-
-Homepage:
http://www.longcheer.net/

-news:
http://en.longcheertel.com/info/content.asp?infoId=486
http://linuxdevices.com/news/NS4111147248.html


-Report from Deloitte & Touche:
http://www.deloitte.com/dtt/cda/doc/content/dtt_APFast500Ranking121306.pdf
(Try to download the pdf file to look for LongCheer and others Singapore Listed company to learn more.)

NOTE: Try to do your own research to know more about LongCheer or do your own research on others, is quite fun.

联合早报网 zaobao.com - 财经新闻

The information and analysis provided here does not constitute investment advice and the blog owner shall not be liable for any monetary losses or other material losses incurred as a result of using information from this blog.