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Got cheaper closing 0.20 today but 0.0205 is really too cheap.
Trade with awareness
Newbie85 ( Date: 04-May-2020 00:26) Posted:
| Then the more they should load some now. 0.0205 is really way undervalued. |
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For anyone planing to buy, check their debt vs cash. That might explain why win many contracts but the price not moving.
Not to say cannot buy, just had to be mentally prepared, as those BBs are ruthless
Things are not that simple. It is already undervalued at 0.30c. This counter is a value trap. That's why I repeated remind folks here don't expect quick returns, as it is obvious this counter had been manipulated down by supercomputer. Now, the only thing that will determine whether PRC will privatise this stock is how much PRC value its reputation.
Newbie85 ( Date: 04-May-2020 00:26) Posted:
| Then the more they should load some now. 0.0205 is really way undervalued. |
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Then the more they should load some now. 0.0205 is really way undervalued.
I'm referring to those long term investors who bought at 0.40.
Newbie85 ( Date: 03-May-2020 00:38) Posted:
| Sorry. Why privatise Everbright investor will lose money ah. I thought usually they will pay a premium? |
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Sorry. Why privatise Everbright investor will lose money ah. I thought usually they will pay a premium?
At 3x pe. Sure kana taken private by PRC.
That's the danger of it. If PRC privatise this counter. Many investors will lose money. But even more investors will not trust China companies in the future
shadow11 ( Date: 02-May-2020 09:51) Posted:
Tot got a water treatment coy got privatise?
Sudden forgotten the name.
lailai ( Date: 02-May-2020 09:10) Posted:
This counter is a joke. Funni, as u put it. Before under Hankoh' s David Chen, it was the rage, top vol daily, like the live of sgx mkt.. Now under CEWL' s management, it is absolutely neglected and totally undervalue, as u have correctly observed. Imo, this coy under this grp has no liao for mkt value.
Suppose to distribute the div in May(?), but says becoz of covid, cannot give until meeting conducted. Meeting was conveniently postponed.
What an excuse!. Other companies can hold their meetings thru Live webcast, but CEWL chose to postpone.
Company has mandate for buyback to enhance its mkt value, as so often being said, but when did it buyback. Wayang show only lah.
Talk about dual listing with HK to prop up mkt value, but those investors now can see this is just talk only, probably now regretted believing.
When does coy do anything to enhance the share value. No use boasting about won this project, that project, cos these announcements does nothing to boost investors confidence. Even a simple distribution of div can be such a legal task to give. Makes my toe laugh.
No wonder price is so neglected in spite of nav 53.3, cih 12.4cps, pe 4, div 6.439 (pending postpostponed meeting outcome?). Not forgetting making impressive profits year after year. Imo, this kongsi is worth $1-2, but alas what a bunch of unimpressive management from investors' point of view!
Understand they have also done away with the qtrly reporting, to keep investors less informed lah.  |
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Tot got a water treatment coy got privatise?
Sudden forgotten the name.
lailai ( Date: 02-May-2020 09:10) Posted:
This counter is a joke. Funni, as u put it. Before under Hankoh' s David Chen, it was the rage, top vol daily, like the live of sgx mkt.. Now under CEWL' s management, it is absolutely neglected and totally undervalue, as u have correctly observed. Imo, this coy under this grp has no liao for mkt value.
Suppose to distribute the div in May(?), but says becoz of covid, cannot give until meeting conducted. Meeting was conveniently postponed.
What an excuse!. Other companies can hold their meetings thru Live webcast, but CEWL chose to postpone.
Company has mandate for buyback to enhance its mkt value, as so often being said, but when did it buyback. Wayang show only lah.
Talk about dual listing with HK to prop up mkt value, but those investors now can see this is just talk only, probably now regretted believing.
When does coy do anything to enhance the share value. No use boasting about won this project, that project, cos these announcements does nothing to boost investors confidence. Even a simple distribution of div can be such a legal task to give. Makes my toe laugh.
No wonder price is so neglected in spite of nav 53.3, cih 12.4cps, pe 4, div 6.439 (pending postpostponed meeting outcome?). Not forgetting making impressive profits year after year. Imo, this kongsi is worth $1-2, but alas what a bunch of unimpressive management from investors' point of view!
Understand they have also done away with the qtrly reporting, to keep investors less informed lah.
shadow11 ( Date: 01-May-2020 01:20) Posted:
Funni. How come trade at 3x Pe Nia.
Last time water treatment counter traded at 20-30x pe. |
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Many big singapore listed companies have also ditched quarterly reporting to half yearly too
Of course all investors who had invested since biotreat ? donkey years ago all bankrupt with it till now
This counter is a joke. Funni, as u put it. Before under Hankoh' s David Chen, it was the rage, top vol daily, like the live of sgx mkt.. Now under CEWL' s management, it is absolutely neglected and totally undervalue, as u have correctly observed. Imo, this coy under this grp has no liao for mkt value.
Suppose to distribute the div in May(?), but says becoz of covid, cannot give until meeting conducted. Meeting was conveniently postponed.
What an excuse!. Other companies can hold their meetings thru Live webcast, but CEWL chose to postpone.
Company has mandate for buyback to enhance its mkt value, as so often being said, but when did it buyback. Wayang show only lah.
Talk about dual listing with HK to prop up mkt value, but those investors now can see this is just talk only, probably now regretted believing.
When does coy do anything to enhance the share value. No use boasting about won this project, that project, cos these announcements does nothing to boost investors confidence. Even a simple distribution of div can be such a legal task to give. Makes my toe laugh.
No wonder price is so neglected in spite of nav 53.3, cih 12.4cps, pe 4, div 6.439 (pending postpostponed meeting outcome?). Not forgetting making impressive profits year after year. Imo, this kongsi is worth $1-2, but alas what a bunch of unimpressive management from investors' point of view!
Understand they have also done away with the qtrly reporting, to keep investors less informed lah. shadow11 ( Date: 01-May-2020 01:20) Posted:
Funni. How come trade at 3x Pe Nia.
Last time water treatment counter traded at 20-30x pe.
Newbie85 ( Date: 01-May-2020 00:31) Posted:
Bought at 0.205.
I believe can go up eventually la. Just a matter of time. Anyone bought this too? |
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Very hard to move this counter.....
Funni. How come trade at 3x Pe Nia.
Last time water treatment counter traded at 20-30x pe.
Newbie85 ( Date: 01-May-2020 00:31) Posted:
Bought at 0.205.
I believe can go up eventually la. Just a matter of time. Anyone bought this too? |
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Bought at 0.205.
I believe can go up eventually la. Just a matter of time. Anyone bought this too?
Hi, how you derived the data? Thanks
Bigboarsack ( Date: 18-Apr-2020 21:15) Posted:
I don't know Leh, when I check the most recent sales, everyone is buying huge amounts of this stock., no1 is selling.
This alligns with my own observation
SAVIORFOREVER ( Date: 17-Apr-2020 18:18) Posted:
What price are you holding?
One fine day it will go up but not sure whether can reach your price or not..
Low volume no liquidity. Dividends may be months away.
Most counters have recovered some lost ground and this one still stuck at this level.
HK side volume also very low.
If buy at 0.205 or 0.21 still ok. Just need to wait until demand comes in.
Trade with awarenes |
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China Everbright' s proposed 3b yuan note issue gets regulatory nod
TUE, APR 28, 2020 - 9:41 AM
CHINA' S interbank market regulator has given the green light for China Everbright Water' s proposed issuance of three billion yuan (S$600.9 million) worth of medium-term notes.
The mainboard-listed firm on Tuesday said it has received a notice of registration acceptance from the National Association of Financial Market Institutional Investors, which regulates medium-term notes, short-term commercial paper and private placement bonds in China' s interbank market.
China Everbright is looking to issue the notes in single or multiple tranches to institutional investors in the interbank bond market in mainland China.
The registered principal amount of three billion yuan will be valid for two years from April 24, which is the date of the notice of registration acceptance.
China Everbright
announced the potential deal in January, saying that the maturity of the notes will be no more than five years per tranche, while the coupon has not been decided. The first tranche' s size will be 800 million yuan.
The company plans to use the proceeds to " replenish working capital within a reasonable time and allow the group to optimise its financing structure" .
On Tuesday, China Everbright noted that the proposed issuance remains subject to prevailing market conditions, among other things. Accordingly, the company may or may not proceed with it.
China Everbright shares were trading flat at S$0.21 as at 9.13am on Tuesday.
https://www.businesstimes.com.sg/companies-markets/china-everbrights-proposed-3b-yuan-note-issue-gets-regulatory-nod
I don't know Leh, when I check the most recent sales, everyone is buying huge amounts of this stock., no1 is selling.
This alligns with my own observation
SAVIORFOREVER ( Date: 17-Apr-2020 18:18) Posted:
What price are you holding?
One fine day it will go up but not sure whether can reach your price or not..
Low volume no liquidity. Dividends may be months away.
Most counters have recovered some lost ground and this one still stuck at this level.
HK side volume also very low.
If buy at 0.205 or 0.21 still ok. Just need to wait until demand comes in.
Trade with awareness
Bigboarsack ( Date: 17-Apr-2020 16:14) Posted:
| this is assuming if i buy now. i can see it missed its payout date in feb, which wont be bothering me . im a rookie, so can somebody edxplain why trade with caution regarding this stock?/ it seems to have the chinese government as a backer, so i cant see how it would fail |
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What price are you holding?
One fine day it will go up but not sure whether can reach your price or not..
Low volume no liquidity. Dividends may be months away.
Most counters have recovered some lost ground and this one still stuck at this level.
HK side volume also very low.
If buy at 0.205 or 0.21 still ok. Just need to wait until demand comes in.
Trade with awareness
Bigboarsack ( Date: 17-Apr-2020 16:14) Posted:
this is assuming if i buy now. i can see it missed its payout date in feb, which wont be bothering me . im a rookie, so can somebody edxplain why trade with caution regarding this stock?/ it seems to have the chinese government as a backer, so i cant see how it would fail.
Bigboarsack ( Date: 17-Apr-2020 16:07) Posted:
| how is this a ' bad' ' cornered' stock? can somebody enlighten me? |
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this is assuming if i buy now. i can see it missed its payout date in feb, which wont be bothering me . im a rookie, so can somebody edxplain why trade with caution regarding this stock?/ it seems to have the chinese government as a backer, so i cant see how it would fail.
Bigboarsack ( Date: 17-Apr-2020 16:07) Posted:
| how is this a ' bad' ' cornered' stock? can somebody enlighten me? |
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