China Everbright    Last:0.225   -

China Everbright

Volume so low. Won't be surprised if dropped to 230 after XD.

Bid Bid Vol(K) Ask Ask Vol(K)
0.255 1,031.9 0.260 79.6
0.250 693.5 0.265 1,246.2
0.245 453.5 0.270 1,407.4
0.240 525.9 0.275 586
0.235 387.9 0.280 443.5
0.230 429 0.285 113.9



Trade with expectation and DYODD

 

Looks like BBs in control. Even with 2.05c eps per annum, still got people wanto sell at 26c.
Anyway just for info, last day for cd is next tue.

MoonlightFire      ( Date: 17-Aug-2021 19:13) Posted: BB is resuming attack. Everytime some genuine buying come along, they will temporary siam aside, allowing the price to chiong upwards. Now they are starting to slowly push down the price, 0.5 sen by each day.  As long as their PRC holding company don' t take opportunity to GO at low low price, retail shareholders will still be safe. But seriously, PRC' s oversea listed companies' reputation are not quite decent in recent years. Unless their Government decided to change their mentality not to tekan small investors like this, they will not overtake USA as superpower.

 

BB is resuming attack. Everytime some genuine buying come along, they will temporary siam aside, allowing the price to chiong upwards.
Now they are starting to slowly push down the price, 0.5 sen by each day. 

As long as their PRC holding company don' t take opportunity to GO at low low price, retail shareholders will still be safe.
But seriously, PRC' s oversea listed companies' reputation are not quite decent in recent years. Unless their Government decided to change their mentality not to tekan small investors like this, they will not overtake USA as superpower.

 

Still not too late to get into the wind to collect 1c div for 1H.to
Still got one week till 24th b4 XD. 
In CEWL, 27c can get you 2c a year, in banks $1.00 fd can get u 0.5c a year.
For a bank to get 2c a year, u will have to keep $4 fixed deposit. In other words, CEWL is worth $4, if u are not confused with the logic, comparing with bank fd.But of course, if say the kongsi make a GO of 50c or even 40c, think many if not all will gladly sell to kongsi.   Anyway just take my talk with a pinch of sugar.

SAVIORFOREVER      ( Date: 16-Aug-2021 22:53) Posted: Good luck to your wind. Fortunately, I quit this counter long ago. Trade with expectation and DYODD Leohuat88      ( Date: 16-Aug-2021 18:24) Posted: bro it' s pointless spitting against the wind

 

Good luck to your wind.
Fortunately, I quit this counter long ago.


Trade with expectation and DYODD

Leohuat88      ( Date: 16-Aug-2021 18:24) Posted: bro it' s pointless spitting against the wind. SAVIORFOREVER      ( Date: 16-Aug-2021 18:20) Posted: Most ppl already migrated to Hong Kong. The balance in Singapore is very small shared among few major players. You can see daily volume is very low. Sell and move on to better stocks. Don't be stuck in this counter. Trade with caution and DYODD

 

bro it' s pointless spitting against the wind.

SAVIORFOREVER      ( Date: 16-Aug-2021 18:20) Posted: Most ppl already migrated to Hong Kong. The balance in Singapore is very small shared among few major players. You can see daily volume is very low. Sell and move on to better stocks. Don't be stuck in this counter. Trade with caution and DYODD

 

Most ppl already migrated to Hong Kong. The balance in Singapore is very small shared among few major players.
You can see daily volume is very low.
Sell and move on to better stocks. Don't be stuck in this counter.



Trade with caution and DYODD

 

The parent coy has 73%, so in terms of %, yeah free float not really that hi.
But in term of numbers, not quite small, cos total issued sh is 2.86 Billions. 
Anyway, price in HSI now is HK$1.68 or equi to $0.293. Nav based on previous is ard 63c, 
With such good div yld of 2c per annum, price at just 27c or even 29 is very undervalued.
Who knows, one day, kongsi may make a GO, probably 40c or so lah. So kongsi may want the stock to look dead so they can make a low offer in time to come, who knows. Anyway don take this seriously, it' s meant more a joke lah. 

SAVIORFOREVER      ( Date: 16-Aug-2021 14:07) Posted: Seems like the float in Singapore is small. Trade with dead stock and DYODD

 

Seems like the float in Singapore is small.



Trade with dead stock and DYODD

 

HKex CEWL currently surge to HKS1.67 equiv to S$0.29.
Looks like Sing still has 2-3cts to catch up. Cheers!

 

Based on pre result, nav is 63c. After this result it shd be higher, if included in their cal.
At current price of 26c which is very undervalued, div yld is 7.9%. No wonder kakias is suppressing from L to R for a very long time  for their BBs to collect and collect. 
Kongsi has buyback mandate but do not use it, cos they know the price is controlled by BBs and their kakias. No use to buyback, might as well distribute to shh tho they could hv given higher if they wanto as their eps is very hi.

SuperLuckyCorn      ( Date: 12-Aug-2021 12:24) Posted: Good to hear that. Now we are trying to squeeze as much from BBs. Leohuat88      ( Date: 12-Aug-2021 08:47) Posted: bro, were you burnt by this before? sounds like you did. This is the work of some BB...not the company. The share price will do a bull run once it is time....when ? not sure. Meanwhile enjoy the fat dividend yield. I have made money from this counter over the years when it' s still known as Hankore

 

Good to hear that. Now we are trying to squeeze as much from BBs.

Leohuat88      ( Date: 12-Aug-2021 08:47) Posted: bro, were you burnt by this before? sounds like you did. This is the work of some BB...not the company. The share price will do a bull run once it is time....when ? not sure. Meanwhile enjoy the fat dividend yield. I have made money from this counter over the years when it' s still known as Hankore. SAVIORFOREVER      ( Date: 12-Aug-2021 07:59) Posted: BBs waiting to distribute all? Trade with expectation and DYODD

 

bbs covering bit by bit now.
morgan kana burned upside down.

SAVIORFOREVER      ( Date: 12-Aug-2021 07:59) Posted: BBs waiting to distribute all? Trade with expectation and DYODD

 

bro, were you burnt by this before? sounds like you did.
This is the work of some BB...not the company. The share price will do a bull run once it is time....when ? not sure. Meanwhile enjoy the fat dividend yield. I have made money from this counter over the years when it' s still known as Hankore.

SAVIORFOREVER      ( Date: 12-Aug-2021 07:59) Posted: BBs waiting to distribute all? Trade with expectation and DYODD

 

BBs waiting to distribute all?



Trade with expectation and DYODD

 

China Everbright Water H1 net profit rises 36% to HK$548.2m

Mainboard-listed China Everbright Water posted a 36 per cent rise in net profit to HK$548.2 million (S$95.8 million) for its first half ended June 30, 2021, from HK$404.5 million a year ago.

The dual-listed environmental services group saw a " solid improvement" in market expansion and steady growth in its business scale during the half-year period, it said in a bourse filing on Wednesday.

Earnings per share stood at 19.16 Hong Kong cents for the half year, up from 14.14 cents a year ago.

Revenue for H1 rose 47 per cent to HK$3.11 billion, from HK$2.12 billion a year ago.

The group noted that in H1, it secured four wastewater treatment projects and one reusable water project, with a total investment of approximately 1.07 billion yuan, and also undertook one engineering, procurement and construction project, with a contract value of approximately 30.8 million yuan.

It also tapped into Tianjin' s water market after it purchased a 65 per cent equity interest in Tianjin Binhai New Area Huantang Sewage Treatment.

An interim dividend of 5.75 cents per share was declared for the half-year period, up from 3.74 cents a year ago. The dividend will be paid out on or around Sept 10, after books closure on August 26.

An Xuesong, executive director and chief executive of China Everbright Water, said: " In the future, the group will continue identifying excellent business opportunities, strive to improve its intelligence and digitalisation level, ensure project construction quality, enhance project operations management, and continuously drive its technological innovation."

Shares of China Everbright Water were trading at 24.5 Singapore cents as at 1.11pm on Wednesday, up one cent or 4.3 per cent.

 

 

Why get stuck in this counter?
What's the Singapore's float?



Trade with better counters and DYODD

Nippon72      ( Date: 11-Aug-2021 17:00) Posted: Interested in this company for the fact is in water biz. And we all  know water will be a sacrce commodity, especially china with huge population. Water is essential to all lives. From its report, there are many institutional investors with vested interest. it is also cash rich.  waiting to load more. Now vested a small quantity due to kanna burnt by china companies. Still sore over the Midas loss.

 

Interested in this company for the fact is in water biz. And we all  know water will be a sacrce commodity, especially china with huge population. Water is essential to all lives. From its report, there are many institutional investors with vested interest. it is also cash rich. 
waiting to load more. Now vested a small quantity due to kanna burnt by china companies. Still sore over the Midas loss. 

 

This is a very rich kongsi. In 1H they make 19.16 HKcents per sh, but only give 5.75 HKcents. It' s the same practically semi after semi. Their available cash in hand is huge. So can expect them to reward shh semi after semi with generous div.
The next one going to give good div  soon will likely be Top Gloves, Medtecs, etc. That' s y they are being suppressed by kakias for their BBs to collect.

Thi654321ABCDEF      ( Date: 11-Aug-2021 13:48) Posted: ya , very good results n3wbie      ( Date: 11-Aug-2021 13:39) Posted: Thanks for sharing, very strong set of financial performance. Stock trades at 0.38x PB and 7+% dividend yield at current price of c.$0.24

 

ya , very good results

n3wbie      ( Date: 11-Aug-2021 13:39) Posted: Thanks for sharing, very strong set of financial performance. Stock trades at 0.38x PB and 7+% dividend yield at current price of c.$0.245 ComeHuat      ( Date: 11-Aug-2021 12:17) Posted: HIGHLIGHTS ? Revenue increased by 47% to HK$3,112,935,000 (1HFY2020: HK$2,120,086,000) ? EBITDA increased by 30% to HK$1,059,125,000 (1HFY2020: HK$813,116,000) ? Profit before tax increased by 34% to HK$783,318,000 (1HFY2020: HK$584,718,000) ? Profit attributable to equity holders of the Company increased by 36% to HK$548,178,000 (1HFY2020: HK$404,473,000) ? Interim dividend of HK5.75 cents (equivalent to 1.01 Sing cents) per ordinary share (1HFY2020: HK3.74 cents (equivalent to 0.67 Sing cent) per ordinary share)