| Latest Forum Topics / SIIC Environment Last:0.166 -- |
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Proposed share consolidation 5:1
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tasidev
Member |
29-Aug-2017 17:21
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Pretty sure it' s getting supressed. Today in the end there have been some desperate attempts push down 9k vs. 2M
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rachellee
Senior |
15-Aug-2017 16:03
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Chances are that it' s being supressed. China Star Food' s price went down by 50% for awhile before shooting back to normal.
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HuathuatLeo
Elite |
15-Aug-2017 15:44
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been monitoring this.. before the good resul, share price went down...//after result, also down.  This stock really sick. lol.
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HuathuatLeo
Elite |
11-Aug-2017 17:37
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SIIC Environment&rsquo s net profit attributable to shareholders up 25.9% to RMB240 million for the first half of FY2017 Revenue increased 78.2% on comparison to 1HFY2016 to RMB1.995 billion. Higher gross profit due mainly to contribution from newly acquired and existing entities. Strong organic growth and acquisition-driven expansion continue to spearhead SIIC Environment&rsquo s trajectory towards achieving industry leader status. SINGAPORE, 11 August 2017 &ndash SGX Mainboard-listed water treatment and environmental protection company SIIC Environment Holdings Ltd (&ldquo SIIC Environment&rdquo , the &ldquo Company&rdquo , and together with its subsidiaries or collectively as the &ldquo Group&rdquo ), has reported a net profit attributable to shareholders increase of 25.9% year-on-year (&ldquo yoy&rdquo ) to RMB240 million for the six months period ended 30 June 2017 (&ldquo 1HFY2017&rdquo ). The increase was due mainly to contribution from newly acquired and existing entities, arising from M& A efforts and organic growth Result swee but share price like sai. lmao |
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mailaileh
Veteran |
05-Aug-2017 21:08
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Initial thoughts is more about buying on revenue growth and PPP story, and abit of valuation differential compared to China Everbright Water. 
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edwinjup
Supreme |
05-Aug-2017 20:53
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Then why buy ??
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mailaileh
Veteran |
05-Aug-2017 20:27
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Yeah, I was thinking between holding or cashing out (thought about it for two weeks). But decided to cash out after abit of weakness persisted. The water names has a nice growth story but capped returns (think IRR for a project is set at 8%) and quite capital intensive (also abit difficult to reconcile cash flow and earnings), and water stocks seem to have consistently lagged market performance. 
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Dinodx
Member |
05-Aug-2017 20:00
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Still holding now. Not a lot though... see how ba... haha
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mailaileh
Veteran |
05-Aug-2017 18:52
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Have sold out at loss to recycle capital instead of holding on. Thought the financials looks quite ok, but something feels a bit off. Water play has been tricky for China. If really keen to continue with the water play, I think Beijing Water Enterprise is a better option. Anyway, most China plays are better off buying HK listed names. Need to take note of the HKD/SGD fluctuations, but you have better and more choices to pick.   | ||||
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TigTig
Master |
05-Aug-2017 15:29
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If price follows the chart, we could see price dipping to 42 cents in the short term, before the flag runs out the full length of the flag pole. | ||||
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TigTig
Master |
05-Aug-2017 15:16
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Yep, they would profit if price really zoom up, if it goes back to 53 cents, they don' t make enough for the risk.   What if results are bad?   Then definitely they' d out of biz.   so unless bb know the results, unlikely they are the ones who caused this price fall. Either way, it' s too risky. Bb typically will pick a low priced penny stock like Sincap and do massive buying and selling, movement of a fraction of a cent will get them money.   Now in SIIC, if the bb caused the price fall, they are already bleeding an 8 cents black eye!   Can' t blame everything to bb, gotta be smarter than that.
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rachellee
Senior |
05-Aug-2017 14:53
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Why would BB get a black eye if the result' s good? > drive down price > accumulate > good news comes out > pump like crazy and dump > profit
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TigTig
Master |
05-Aug-2017 14:22
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For the time being, I wouldnt touch SIIC shares with a ten foot pole.    
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TigTig
Master |
05-Aug-2017 14:15
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Possible, it' s a drop from 53 cents to 46 cents in a 2 week span without any news or announcements.   If results are good, the bb will get a black eye.   It' s more likely inside information, something negative has not been announced yet.   
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edwinjup
Supreme |
05-Aug-2017 13:48
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Maybe just because of black out period.....bbs play up play down...lol | ||||
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TigTig
Master |
05-Aug-2017 13:05
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That' s why I' m trying to figure out.   The way the price has crashed, it may not be bb activity, looks more like inside information not public yet.   
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rachellee
Senior |
05-Aug-2017 10:16
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> something must have happened to cause this You do realize that when it comes to shares of this price range, the " something" is usually unrelated to the company' s operations or developments?
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TigTig
Master |
04-Aug-2017 21:41
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Don' t know what happened to this counter, chart looks really horrible, something must have happend to cause this.     This is the thing about China companies, a total lack of transparency and full of hanky panky.   Don' t know what will come next.   I' m watching.  |
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HuathuatLeo
Elite |
03-Aug-2017 15:56
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huat ah 30cts coming.
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halleluyah
Supreme |
01-Aug-2017 18:11
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if i still can rmb correctly, in april macam gt placement of 350m shares.....not vested anymore....
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