Post Reply
721-740 of 825
Salute to Wave Master, sgyuan.
Power!
Power!
already chiong to 50....
Thanks Master.
Wow....hope to chiong liao....
Wow....hope to chiong liao....
day chart ew
previous ew w5 super powerful
w0 275 w5 620 wabc?415
- look like wave c end at 415
current ew
w0 415 w1 525 w2?
w1 110
w2 70 tgt 455
- px hit 465 and supported
- px cannot break 455 danger
- if supported and uturn w3 cm
- px hit 415 break wc may continue
w3 180 tgt 635
- most likely ext ew
w4
w5
previous ew w5 super powerful
w0 275 w5 620 wabc?415
- look like wave c end at 415
current ew
w0 415 w1 525 w2?
w1 110
w2 70 tgt 455
- px hit 465 and supported
- px cannot break 455 danger
- if supported and uturn w3 cm
- px hit 415 break wc may continue
w3 180 tgt 635
- most likely ext ew
w4
w5
Wave Master....sgyuan, any views on this counter?
Thanks
Thanks
At lot of counter start to chiong liao......this counter wake up soon?
Agreed. I just plant the seed in the soil and come back after some time to enjoy the fruit HeHe
This is a more defensive play imo. It will fair better than tech stocks if trade war escalate further, which is likely to happen.
So not suitable for S/T punt.
So not suitable for S/T punt.
Any chance to shoot up soon?
Strong recovery today again. Not sure if its short covering or accumulation.
Anyway, closed the balance and wait and see. Weekend risk is here as Trump looks to escalate war with Mexico and china is rumoured to be ready with some retaliation measures.
Anyway, closed the balance and wait and see. Weekend risk is here as Trump looks to escalate war with Mexico and china is rumoured to be ready with some retaliation measures.
Today panic buying, reverse of last week.
Took some off the table, ride the rest.
Took some off the table, ride the rest.
some panic selling past few days, albeit low volume. Unless mgt restart share buy back, looks like price will be depressed for awhile despite growing biz and profit.
Btw, most of Sunpower' s customers are fortune 500 companies such as BASF, Bayer, Sinopec, BP,Shell etc.PetroChina...
Starship, I know u hv a penchant for GLC linked blue chips. But in this case, I think you are not doing justice to Sunpower.
Presence of speculators/momentum traders does not mean the stock is gambling stock, even blue chips of lots of them. Although not many funds are vested here, SEB fund have abt 11mil shares. Sector funds in industrial,environment tech, utilities will probably scout for growth stock like Sunpower. Investors shd be looking at funds to realise the value coming in , not local retailers/speculators to push.
2 of China TOP PE are vested heavily here and they have good track record such as Midea, Haier, Mengniu, Ping An etc. This is a growth play, not dividend play.
Presence of speculators/momentum traders does not mean the stock is gambling stock, even blue chips of lots of them. Although not many funds are vested here, SEB fund have abt 11mil shares. Sector funds in industrial,environment tech, utilities will probably scout for growth stock like Sunpower. Investors shd be looking at funds to realise the value coming in , not local retailers/speculators to push.
2 of China TOP PE are vested heavily here and they have good track record such as Midea, Haier, Mengniu, Ping An etc. This is a growth play, not dividend play.
With its annual microscopic-sized Dividends, real investors in Singapore won' t be interested at all.
Only speculators, gamblers and shortists left to play in this counter. And these 3 groups only play when momentum gets heated up by rumours and news headline stories.............
Believed Mr Tong & kongsi can have win-win resolution.
Hope with the collaboration effort from Kongsi, founders & all investors, we will see the counter became rising star and show its brightness in the sky soon.
Hope with the collaboration effort from Kongsi, founders & all investors, we will see the counter became rising star and show its brightness in the sky soon.
This is a solid company. However lately having issue with SSH' s personal share loan suits.
Mr Tong from Edge Publishing Group have this counter in this global portfolio, the only 1 from SGX. He did some deep dive in his portfolio, seems legit.
No guarantee though as mkt sentiment does affect moveent.
Mr Tong from Edge Publishing Group have this counter in this global portfolio, the only 1 from SGX. He did some deep dive in his portfolio, seems legit.
No guarantee though as mkt sentiment does affect moveent.
Is this counter worth to vest?
Solid result!
Sunpower has Strong Start in 2019 with Underlying Net Profit(i) Up 31% YoY in 1Q2019
Grown into a long-term, recurring, high-quality income and cashflow company
?X Underlying net profit rose 31% YoY in 1Q2019 to RMB60.5 million, positioning the Group well for 2019, driven by GI&rsquo s stronger ramp-up
?X Strong growth by Green Investments (&ldquo GI&rdquo ) segment
GI revenue grew ~129% YoY despite the extended festive holidays in 1Q2019
GI comprised ~35% of group revenue, ~65% of group EBITDA and ~51% of segment results1
Quality of earnings and cashflow significantly enhanced by GI&rsquo s long-term, recurring and high-quality contributions
?X Stable and growing Manufacturing & Services (M& S) segment
Revenue rose ~6% YoY as expected, with RMB2.5 billion orderbook as at April 2019 vs RMB2.0 billion a year ago
Focused on higher value-added contracts to maintain stable margins
?X Exciting next phase ahead, as Group ramps up existing GI operations, upgrade acquired plants for greater profitability and look to secure more earnings accretive projects
Financials
Sunpower sustained a strong growth pace in 1Q2019 by continuing to expand the long-term, recurring, high-quality income and cashflow GI business. Sunpower&rsquo s customers in GI segment comprise industries such as printing & dyeing that cater mainly to the domestic China market and are able to sustainably generate robust cashflow. In addition, macro-economic conditions were supportive as China&rsquo s GDP grew at an above-expectations 6.4% YoY in 1Q2019.
On a YoY basis, underlying net profit increased 30.7% to RMB60.5 million, driven by:
(1) Strong ramp-up in utilisation of its 7 GI plants in 1Q2019 (vs 4 in 1Q2018), in particular Changrun and Lianshui Projects, and
(2) Strong contributions from Yongxing Plant due to plant upgrades following its acquisition in 2018.
Group revenue grew 30.6% YoY to RMB811.6 million. GI revenue grew 128.7% YoY to RMB286.7 million. GI accounted for 35.3% of group revenue and 84.9% of the revenue increase of the Group. M& S revenue increased 5.8% YoY to RMB524.9 million with manufacturing capacity nearly fully utilised while M& S margins were broadly maintained on the back of the Group&rsquo s proprietary technology and strong track record. Sunpower&rsquo s M& S order book remained at approximately RMB2.5 billion.
Sunpower sustained its target of GI contributing ~50% of recurring income in 1Q2019. GI segment results grew 273.0% YoY to RMB54.0 million, accounting for 50.9% of the Group. GI EBITDA increased 148.8% YoY to RMB87.1 million or 65.3% of Group EBITDA.
GI also continued to uplift group cashflows in 1Q2019. Group underlying operating cash inflow2 was RMB90.6 million in 1Q2019 compared to underlying operating cash outflow of RMB36.7 million in 1Q2018, mainly due to contributions from GI. And as GI projects are still ramping up, the net present value (NPV) of long-term GI cash flows is expected to considerably exceed the latest contributions.
Sunpower has Strong Start in 2019 with Underlying Net Profit(i) Up 31% YoY in 1Q2019
Grown into a long-term, recurring, high-quality income and cashflow company
?X Underlying net profit rose 31% YoY in 1Q2019 to RMB60.5 million, positioning the Group well for 2019, driven by GI&rsquo s stronger ramp-up
?X Strong growth by Green Investments (&ldquo GI&rdquo ) segment
GI revenue grew ~129% YoY despite the extended festive holidays in 1Q2019
GI comprised ~35% of group revenue, ~65% of group EBITDA and ~51% of segment results1
Quality of earnings and cashflow significantly enhanced by GI&rsquo s long-term, recurring and high-quality contributions
?X Stable and growing Manufacturing & Services (M& S) segment
Revenue rose ~6% YoY as expected, with RMB2.5 billion orderbook as at April 2019 vs RMB2.0 billion a year ago
Focused on higher value-added contracts to maintain stable margins
?X Exciting next phase ahead, as Group ramps up existing GI operations, upgrade acquired plants for greater profitability and look to secure more earnings accretive projects
Financials
Sunpower sustained a strong growth pace in 1Q2019 by continuing to expand the long-term, recurring, high-quality income and cashflow GI business. Sunpower&rsquo s customers in GI segment comprise industries such as printing & dyeing that cater mainly to the domestic China market and are able to sustainably generate robust cashflow. In addition, macro-economic conditions were supportive as China&rsquo s GDP grew at an above-expectations 6.4% YoY in 1Q2019.
On a YoY basis, underlying net profit increased 30.7% to RMB60.5 million, driven by:
(1) Strong ramp-up in utilisation of its 7 GI plants in 1Q2019 (vs 4 in 1Q2018), in particular Changrun and Lianshui Projects, and
(2) Strong contributions from Yongxing Plant due to plant upgrades following its acquisition in 2018.
Group revenue grew 30.6% YoY to RMB811.6 million. GI revenue grew 128.7% YoY to RMB286.7 million. GI accounted for 35.3% of group revenue and 84.9% of the revenue increase of the Group. M& S revenue increased 5.8% YoY to RMB524.9 million with manufacturing capacity nearly fully utilised while M& S margins were broadly maintained on the back of the Group&rsquo s proprietary technology and strong track record. Sunpower&rsquo s M& S order book remained at approximately RMB2.5 billion.
Sunpower sustained its target of GI contributing ~50% of recurring income in 1Q2019. GI segment results grew 273.0% YoY to RMB54.0 million, accounting for 50.9% of the Group. GI EBITDA increased 148.8% YoY to RMB87.1 million or 65.3% of Group EBITDA.
GI also continued to uplift group cashflows in 1Q2019. Group underlying operating cash inflow2 was RMB90.6 million in 1Q2019 compared to underlying operating cash outflow of RMB36.7 million in 1Q2018, mainly due to contributions from GI. And as GI projects are still ramping up, the net present value (NPV) of long-term GI cash flows is expected to considerably exceed the latest contributions.
looks like anytime going to crack 0.545-0.55 and maybe head towards 0.50