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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Friday, February 23, 2007

AP Oil had hit new high again, they have back in black again!


Hi reader, catch those summary point for AP Oil, those summary will be your guide in your investment. I have try my best to write everythings that I know.


环球石油集团去年全年取得690万元的净利,扭转了前年的亏损情况。

集团去年的收入激增41.8%,达6550万元。其中3550万元来自贸易;1896万元来自制造;1085万元来自特许经营。每股盈利报5.29分。集团每股净有形资产跃高72.8%至12.89分。
脱售AP石化(越南),使得环球石油集团获得一笔995万元左右的现金。
由于业绩好转,同时为了奖励长期支持集团的股东,它拟以每四股给一股的比例,派发红股。
环球石油往后将有四个增长策略:-一、在现有的市场增加宽度和深度,包括越南、中国和印尼;二、开拓新市场——印度、巴基斯坦、斯里兰卡和非洲;三、特许经营,希望在印度半岛和中东把最成功的孟加拉特许经营模式加以复制应用;四、合并与收购。


AP OIL International last year had made a net profit of $6.9 million, reversing the previous year's loss.This also back in the black for its 2006 financial year.
The lubricant and chemical specialist announced yesterday a net profit attributable to equity-holders of $6.97 million for FY2006, against a loss of $5.56 million for FY2005. Earnings per share came to 5.29 cents.

AP Oil has proposed a bonus issue of one new share for every four existing shares.
It attributed the turnaround to higher revenue, which grew 41.8 per cent to $65.48 million; better gross margins for its core businesses; and a $4.9 million extraordinary gain from the sale of its subsidiary AP Petrochemical Pte Ltd, which owned 80 per cent of AP Petrochemical (Vietnam) Co Ltd.

AP Oil Future growth strategy will be four of them:-

1.) Increase the breadth and depth of the existing market, including Vietnam, China and Indonesia.

2.) Opening up new markets -- India, Pakistan, Sri Lanka and Africa

3.) Franchising, in the Indian peninsula and the Middle East Bengal the most successful franchise model to replicate application.

4.) Mergers and acquisitions.

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.

AP Oil had hit 52 week high!




The new trend is confirm to go up, this is cause by the 100 day MA and the 200 day MA is going to have a U-Turn, please take a look at the 5 year chart on the bottom one. if Previouly you put your money in AP Oil you would win some money by now.
This is the Article that post by me on the 01/2007. I got no idea much higher will AP Oil move?
nice to know that STI have break 3300 level, next level well be 3,500 for STI.

Tuesday, February 6, 2007

Tung Sing stock price is on the all time high.






Tuan Sing stock price is doing well, this can be mean the company business is doing well as the stock volume had improve recently. Further on if the business can continue to well the stock price is believe to going even higher than now, Tuan Sing have not been perform well in the past six years in the stock price and the company business. The managment have do their best in restructing and re-engineering the company business & finance. Part of Tuan Sing business also support Singapore's construction sector as they can provide service in civil engineering services and infrastructure works. beside that they have other business sector. Hope to see more potential in the company business and the company stock price.

http://www.google.com/finance?q=T24&hl=en - Tung Sing on Google finance.


Link to company Website:-
http://www.tuansing.com/

AUDITORS
Deloitte & Touche
BACKGROUND
The Company was incorporated on 13 March 1969 as Hytex Ltd to manufacture polypropylene bags. It turned public on 2 May 1973. Following some financial difficulties and restructuring, the Company became an investment holding company on 20 September 1983 under its present name.The Group's primary business activities are property, technology and industrial services.The Property Division focuses on investment and development of prime residential, commercial, industrial and hotel properties in Singapore, China and Australia. TSH is a recognised quality developer of residential housing in both Singapore and China. The Group also holds a 25 percent stake in the Grand Hotel Group, a public listed company that owns luxury and mid-market hotels in Australia.The Technology Division consists of TS Technologies and its two subsidiaries Gul Technologies and TS Matrix. The publicly listed Gul Technologies, 60 percent owned by Tuan Sing Holdings, is a global printed circuit board manufacturer with operations in Singapore, China and the USA. TS Matrix, wholly owned by TSH, engages in semiconductor component testing and assembly in Malaysia.The Industrial Services Division consists of three core businesses: Marketing Services, Engineering Services and Manufacturing. Almost all of these activities are carried out under SP Corporation Limited (formerly SPP Limited), Tuan Sing Holding's 80 percent listed subsidiary. Marketing Services include the distribution of tyres and auto products, as well as the trading of selected industrial products like chemicals, oil, coal, rubber, metal and machinery in Asia. Engineering Services include civil engineering work, as well as geotechnical and environmental investigation and monitoring in Singapore and selected regional markets. Manufacturing activities consist of tyre retreading, tyre mould manufacturing and the production of polypropylene packaging bags.
Summary
Tuan Sing Holdings Limited is a Singapore-based company whose principal activities are industrial services, technology, property, retail, as well as corporate and others. The industrial services segment trades and distributes industrial products, tyres and auto related products; provides civil engineering services, infrastructure works, geotechnical instrumentation and investigation, environmental services and manufactures polypropylene woven bags, tyre mould and related products and tyre retreading. The technology segment manufactures and sells double-sided and multi-layered printed circuit boards, and conditions, tests and assembles semi-conductor components. The property segment develops properties for sale, property investment, provides property management, property consultancy and hotel management services. The retail segment distributes and markets golf and golf-related lifetsyle products; manages golf driving ranges and teaching schools and provides other golf-related services.

Noble Group may start a new trend stock movement.




There is indication that stock price may change the trend from the previous bearish trend. This is due to most of the market stocks are overweight in stock price that cause investors to focue on stock like Noble Group. Previously company insider trade on a few block purchase of stock but no Fund managers interested to purchase the stock during that time. commodities price may rise on the help of rising oil price. I try to have a record on what I have researched.
Reference and Article:-
http://www.google.com/finance?q=SIN%3AN21 - Noble group on Google finance.

Link to Internet Website:-
http://www.thisisnoble.com

AUDITORS
Ernst & Young
BACKGROUND
Noble Group Limited was incorporated in Bermuda in 1994. Noble is Hong Kong-based, Singapore-listed and is a market leader in managing the global supply chain of agricultural, industrial and energy products. With 2004 revenue of US$8.6 billion, the Group operates a network of over 65 offices in 35 countries serving more than 3500 customers.
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.

Sunday, February 4, 2007

CHT rated 'buy' target at SG$1.22 - UOB Kay Hian





UOB Kay Hian has initiated coverage on CHT (Holdings) Ltd, with a "buy" call and a price target of S$1.22 per share based on the Chinese adhesive tape manufacturer's steady earnings potential.

"As a major producer of specialty adhesive tapes, CHT is a direct play on the
fast-growing automobile sector in China and overseas," UOB Kay Hian said.

"CHT's acquisition of technological know-how through its joint venture with
Plymouth Rubber Co Inc and its low production costs are its key competitive
advantages," it added.

UOB expects CHT to post a 22.3% compounded annual growth rate for revenues
between 2005-2009, from 580.7 million yuan to 1.3 billion yuan, driven by the ramp-up in
utilisation rates.

It estimates CHT's net profits will grow to 156.5 million yuan last year from 113.6
million in 2005, to 205 million this year, to 221.6 million next year, and to 241.7 million in 2009.

AUDITORS
Grant Thornton, Hong Kong

BACKGROUND
The Company was incorporated on 31 December 2002 under the laws of Bermuda as a holding company. Its subsidiaries are established in China, Hong Kong and the British Virgin Islands. The Group's manufacturing facilities are located in Zhuozhou City, Hebei Province, China.The principal activity of the Company is investment holding. The Group is principally engaged in the business of the manufacture and sale of adhesive products, polyvinyl chloride ("PVC") film and pressure sensitive adhesive ("PSA"). It is also engaged in the manufacture and sale of machinery for the manufacture of adhesive products.
Company web site:-
http://www.chinahuaxia.com

Summary
CHT (Holdings) Ltd. is an integrated adhesive tape producer in the People's Republic of China. It is engaged in the development, manufacturing and distribution of categories of adhesive tapes, which include polyvinyl chloride (PVC) electrical tapes, biaxially orientated polypropylene (BOPP) and PVC packaging tapes, polyethylene and PVC protective tapes, masking tapes, PVC marking tapes, double-sided tapes, pipe wrapping tapes, cotton tapes and BOPP stationery tapes. The adhesive tape products segment manufactures and sells adhesive tapes such as electrical tape, packaging tape, protective tape and stationery tape for industrial and household use, as well as other related products. The PSA segment manufactures pressure sensitive adhesive for use in the manufacture of adhesive tapes. The PVC film segment manufactures polyvinyl chloride film for use in the manufacture of adhesive tapes. The machinery segment manufactures machinery use in the manufacture of adhesive tapes.

FerroChina stock price higher on hoping for high future earnings.





Kelive Research on FerroChina.
The investors hope the Ferrorhina will have robust earnings in future, with the group benefitting from demand for steel and from its expansion program.
Kelive Research estimates that by 2008, FerroChina will have a steel processing
capacity of 2.4 million tonnes, compared to 900,000 tonnes at present.
By that time, FerroChina will also have emerged as the largest producer of
galvanized steel in Asia.

Kelive Research expects FerroChina's net profit to have risen to 291 million yuan last year
from 146.1 million yuan in 2005, and to rise to 400.75 million yuan this year and 730
million yuan next year. Kelive Research‘s fair value for FerroChina is S$1.92 per share.

CIMB-GK on FerroChina.
FerroChina, a maker of galvanized steel coils in China, with an "outperform"
rating and a target price of $2.29 per share as it expects the company to
post robust earnings in the next two years on the back of its aggressive
expansion plans.

By 2008, FerroChina will have an aggregate capacity of 2.4 million tons, making it
the largest non-integrated galvanized still maker in Asia, CIMB-GK said.
Earnings will expand in tandem with capacity expansion.

CIMB-GK said it expects FerroChina's net profit to rise from 146.1 million yuan in
2005 to 289.3 million yuan last year, 364.1 million this year and 691 million next year.
Demand for galvanized steel is well diversified, with FerroChina recently
securing some US$317 million worth of orders from the UK, Australia, New Zealand, Israel, Italy and Southeast Asia.


AUDITORS
Deloitte & Touche

BACKGROUND
The Company was incorporated in Bermuda on 30 September 2004.The Group is a manufacturer of heavy gauge galvanized steel coils with thickness ranging from 0.6mm to 4.2mm and width ranging from 660mm to 1550mm. Currently, the Group has one galvanization production line with an annual production capacity of 300,000 tons for the manufacturing of its products. The Group is expected to expand its capacity to 700,000 tons a year when its second galvanization production line is put into commercial production by end May 2005.The Group's customers are mainly steel trading companies, steel structure engineering companies and steel processing factories in China.

Company web site:-
http://www.ferro-china.com/history.asp

Summary
FerroChina Ltd. is a steel processor engaged in the production and sale of galvanized steel coils, primarily heavy gauge galvanized steel coils, and other related products, with an annual production capacity of 700,000 metric tons. The concentration of the zinc layer ranges from 180 grams per square meter to 350 grams per square meter. The thickness of the Company's steel coils ranges from 0.6 millimeters to 4.2 millimeters and the width ranges from 600 millimeters to 1,550 millimeters. Its production facility is located in Dongbang Industrial Park, Changshu, Jiangsu Province, the People's Republic of China. It has made export sales to Singapore, Spain, the United States, the United Kingdom and Taiwan. FerroChina Ltd., through its wholly owned subsidiary, Twin Well Group Limited, holds a 100% equity interest in Changshu Xingdao Advanced Building-Material Co., Ltd. In December 2006, the Company acquired Xinghai and Xingyu.

Links:-
http://www.ferro-china.com/
Investor Relations
Corporate History/Profile
Products/Services

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.