| Latest Forum Topics / China Everbright Last:0.225 -- |
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China Everbright
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SAVIORFOREVER
Supreme |
23-Apr-2019 09:12
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Selling lower. Buying?
Trade with prudence
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SAVIORFOREVER
Supreme |
23-Apr-2019 08:36
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Abstract from internet
"That is why it is not wise to base your investment decision on NAV of a scheme. Comparing the NAV of two mutual fund schemes does not tell you anything about their future prospects. As you know now, NAV reflects the total value of the schemes investments minus liabilities and expenses. S o, a higher NAV simply means that the scheme?s investments have fared really well. Or the scheme has been around for a long period The NAV only impact the number of units you may get. You will receive fewer units if you select a scheme with high NAV but the value of your investment will remain same. It is the performance and the returns generated by the mutual fund scheme that matters." Trade with awareness
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Berani
Elite |
23-Apr-2019 08:19
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current price is far below.. the NAV
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lailai
Elite |
23-Apr-2019 08:00
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For those interested, IPO prospectus shd be out tomorrow, 24 Apr, if according to their schedule. Ext: "   the Company expects to issue its prospectus in connection with the SEHK Listing on 24 April 2019 and post the same on the websites of the SEHK and the Company at www.hkexnews.hk and www.ebwater.com on 24 April 2019 respectively, and for the trading of the Shares to commence on SEHK at 9.30 a.m. (Hong Kong time) on 8 May 2019."   If that happens, it will be another step closer to D Listing. Offer price likely to be at good discount to attract subscription, and closer to closing date, counter price could be ramped up to attract heavy oversubscription. Debut day should be interesting, just opinion.
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SAVIORFOREVER
Supreme |
22-Apr-2019 17:47
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Spreading more kindness at closing bell.
Trade with prudence
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SAVIORFOREVER
Supreme |
22-Apr-2019 17:06
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Make sure you can hold.
Trade without contra
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fruitfulness
Veteran |
22-Apr-2019 13:51
Yells: "May the Lord God establish the works of my hands!" |
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While CEW has been making profits every year, the yearly profit did stagnate when it was buying over Dalian Dongfa plants. That year, the management execution was bad ... it happened three or four years back.  These two to three years, its execution is much better. But share price had been on downtrend, no thanks to China stock market downturn last year and general water industry price deterioration. In this year, we are experiencing an uptick in the water industry and CEW, coupled with this dual listing effect, should be able to ride the wave better.  And the CEO and CFO verbally assures CEW will not behave like SIIC, which gave a poor quarterly results after dual listing and that brought the share price significantly down.  Based on forecast by a brokerage house, the EPS is supposed to trend nicely from 4.45 Singapore cents to 5.4 next year!
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Route2Retire
Member |
22-Apr-2019 13:39
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Haha, I just bought 0.39 and 0.385. *cross fingers* | ||||
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SAVIORFOREVER
Supreme |
22-Apr-2019 13:33
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Kind soul just sold 100 shares.
Trade with kindness
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Route2Retire
Member |
22-Apr-2019 12:55
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Can I clarify with those who are folliowing this stock closer than I am, has the global offering fixed the HK listing price? | ||||
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lailai
Elite |
22-Apr-2019 11:50
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In the past 5 years, they have been making good profits, not just 2 years. Since FY14 to FY18, they have made eps of 2.5c to 4.45c. The latest eps is 4.45cts. They have been giving div since FY15 at 0.35cps and progressing to current FY18 at 0.99cps. After the targetted D Day, it should be releasing its Q1 result which, imo, should be as good if not better than the past. Last year Q1 was on 10 May. IMO, price shd cont to move upwards for at least a while more, as the hope of global investors in the kongsi should boost its upward potential. Just opinion. ![]()  
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Route2Retire
Member |
22-Apr-2019 11:07
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Generally are 2 ways for cross border transfer. First, if your shares are in Nominees like mine, Brokerage will handle everything for you, just need to sign the required forms and pay the fees. Second, if your shares are in CDP, I believe will need to go through Share Registrar, but the HK scip will still need to be deposited into the CCASS, so either you open an A/C in Hongkong or via a local brokerage firm to deposit the HK Scrips in. Above based on my understanding, others kindly correct me if I am wrong. |
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fruitfulness
Veteran |
22-Apr-2019 10:55
Yells: "May the Lord God establish the works of my hands!" |
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... well-run company, in the past two years,...    (instead of two days) | ||||
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fruitfulness
Veteran |
22-Apr-2019 10:48
Yells: "May the Lord God establish the works of my hands!" |
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I think the likelihood of a good abitrage opportunity look somewhat slim for a water stock, noting the share prices of other water stocks (e.g. Beijing Enterprise Water Group & SIIC) in HKSE, all have the PE ratios of about 10.    But then again, who knows if there is any BBS or playmaker who wanna play up the stock,  the first batch transfers probably have the chance for highest gains.  The good thing about China Everbright is it is a well-run company, in the past two days, with improved dividends. In the coming FY, it is expected to do well with earnings improvement expected to go beyond S$0.05 a share ... And China Everbright' s parent and sister companies are also listed in HKSE.    (BTW, can someone teach me about this transfer. Never done it before. Must I personally open an account in the equivalent of CDP of HKSE ? Or must I deposit it into a nominee acct of a broking house?)
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Route2Retire
Member |
22-Apr-2019 10:33
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Oh if your brokerage can do the cross border transfer within 3 weeks, and in time for 1st day listing it will be great. Curious to know which brokerage it is? I had participated in numberous Cross Border transfer and also for dual listing before, unfortunately my brokerage was not able to make it on time. Anyway CEW had also mentioned  "   Notwithstanding the foregoing, the Company wishes to highlight to Shareholders considering transferring their Shares to the Hong Kong Share Register under the First-Batch-Transfer that there is no assurance that Shareholders can trade their Shares on the first day of trading of the Shares on the SEHK. ... " So better to get a confirmation that they are working their ass off to transfer it for you.  |
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SmallSmall
Supreme |
22-Apr-2019 10:22
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Just to clarify. First 3 Batch transfers will take about 3 weeks. First batch transfer has lapsed on 18 April (I submitted mine) to qualify for possible first day listing on 8 May 2019. You can still submit for 2 and 3 batch transfers. All 3 batches transfer fees will be absorbed by Everbright.
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Route2Retire
Member |
22-Apr-2019 10:05
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Hi all! Great to see this forum active, have been vested in this stock for a while, waiting for the dual listing to come to divest it. Anyway to temper your expectations, for MBKES, transfer of shares from SG to HK takes 2 months. Not sure if the other brokerages can do it any faster, but I highly doubt it will be in time for the HK listing date. |
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SmallSmall
Supreme |
22-Apr-2019 09:49
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Targetted first day listing on HKSE is 8th May 2019
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Mike12345
Member |
22-Apr-2019 09:43
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Anyone know when is the transfer to be effected - i.e. listing date of China Everbright Water a HK Stock Exchange? Thanks. | ||||
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Berani
Elite |
18-Apr-2019 18:19
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they fix the price already meh in HK?
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