| Latest Forum Topics / Citic Envirotech |
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CITIC Envirotech
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Starship
Supreme |
23-Jun-2018 15:23
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Nowadays, most people run whenever they see a SGX-listed China stock.  As the saying goes: Better Be Safe Than Sorry. Too many unpleasant news everyday.... and for years to decades now. Yet, but UOB is screaming BUY !!!!!!!!!!! Expect a stellar year for this China water stock: UOB 20/06/18, 10:55 am SINGAPORE (June 20): UOB KayHian is maintaining its &ldquo buy&rdquo on CITIC Envirotech (CEL) given there is no chance of the stock being caught in the crossfire of the escalating US-China trade war. While China&rsquo s export-oriented firms may suffer, CEL has a defensive environmental business and government contracts with new order wins pushing to RMB2.7 billion ($565.5 million) year-to-date. &ldquo Our target price is $1.06, implying 11.6x 2019 earnings, mirroring Singapore and Hong Kong peers&rsquo average of 11.2x,&rdquo adds the analyst. The stock remains the cheapest on 2018 valuations vs Singapore peers such as SIIC and China Everbright Water with an attractive 2018 yield of about 4%. https://www.theedgesingapore.com/expect-stellar-year-china-water-stock-uob  
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ysh2006
Supreme |
22-Jun-2018 08:12
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Zaopow Chinese paper yeaterday charting recommend "downtrend" target 30c ...soon !!
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Guojing
Member |
21-Jun-2018 19:53
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Look like it is not holding well .. keeping my finger cross that I doesn't go down to 0.40 cents | ||||
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Guojing
Member |
21-Jun-2018 18:15
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Seen too many counter with high placement ..the end all go to drain ..losing confident in these company ..dont know what they doing behind? | ||||
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MonkeyKingGod
Senior |
21-Jun-2018 17:46
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Depends how you see it, no doubt their pipeline is strong, trade war won&rsquo t affect, but investors can still sell on fear, this counter volume is Low, any small amount of sale can move the price up and down. Today if some one decides to buy 2,000,000 units up, the price can run up v fast, I Guess investor should be selling on fear or cashing out to buy other counters. Fundamental is good, just no catalyst. Other counters are falling as well. Good news is no one is really shorting this counter. i only hope they do share buyback to support the price back or some shining knight or PE investor will buy this whole company down. on the side note, China everbright 0.85 private placement lost away 0.32 cents of value le. hmmmm?
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Guojing
Member |
21-Jun-2018 17:11
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Blood shed counter | ||||
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ysh2006
Supreme |
21-Jun-2018 14:23
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UOB was the promoter last year they said very good stock to have...maybe their fund was actually at the back selling ?...
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Laoliu
Veteran |
21-Jun-2018 11:18
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But still, some " Analysis" latest stated : Citic Envirotech - Minimal Trade War Impact Amid Rosy Outlook, with a High Maintain Buy Call and a target price of S$1.06. -Defensive Environment Business -Win Government Contracts with New Order(pushing to RMB2.7B!) -Sharebuyback is a Vote of Confidence. -Low PE -High Dividend Yield From all above, so positive for Citic, yet the share price still drop. Don' t tell short term pain, long term gain?lol...  
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MonkeyKingGod
Senior |
20-Jun-2018 15:13
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relac, SGX rebound liao, this counter win more contracts will still fall, trade war = fall asia rebound = wont rebound wait the next contract win again = will drop more. sit tight and watch
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Laoliu
Veteran |
20-Jun-2018 11:40
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Double the SAD, sad SGX, sad CITIC. Look so dead at SGX here..like throwing $ into the 咸 水 海 ..
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MonkeyKingGod
Senior |
12-Jun-2018 21:01
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Tml drop lo! Win contract = price drop
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SgTrader17
Elite |
12-Jun-2018 19:22
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Wow, contracts won. Maybe a push for share price tomorrow. Gd luck to buyers whom keep it. Not vested. No extra funds recently. Dyodd. | ||||
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Observers
Elite |
09-Jun-2018 22:15
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SIIC, also China water play, is now dual primary listed in both SGX and HKSE. Do you see any difference? 
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Observers
Elite |
09-Jun-2018 22:10
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YZJ, an STI index stock is UOB' s small cap? 
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spore1
Supreme |
09-Jun-2018 21:46
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Could this b another Midas !! Huge order won , but price is heading south!!
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Laoliu
Veteran |
09-Jun-2018 11:01
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Citic has secured a build-operate-transfer environmental project worth one billion yuan (S$208.6 million) in Anyang City in China' s Henan Province,  the environmental engineering company said on Thursday evening. To undertake the project, Citic and its partner in the project - Fengzhu Textile Technology - will set up a project company with shareholdings of 90 per cent and 10 per cent respectively. | ||||
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TeoMark
Veteran |
08-Jun-2018 22:47
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UOB also give a TP of $1 for this counter not long ago.
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ysh2006
Supreme |
08-Jun-2018 21:13
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UOB yesterday dropped this SChip from it small cap list loh...replaced by YZJ...
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Sgvale
Supreme |
08-Jun-2018 17:42
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Wow ... even lower ah ??? Luckily square off at 0.59 with not much loss. After yesterday fall. | ||||
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Guojing
Member |
08-Jun-2018 17:34
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Now share buy back ..knn | ||||
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