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Latest Posts By ozone2002 - Supreme      About ozone2002
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20-Dec-2012 12:40 Geo Energy Res   /   Geo Energy       Go to Message
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distribution taking place..

yesterday hit high of 53.5 then close low

today more distribution

gd luck dyodd
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19-Dec-2012 11:07 $ Elektromotive   /   LexiconGrp       Go to Message
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Very promising counter.. gd luck dyodd

 
Surprise! ELEKTROMOTIVE plans dividend payout and share buyback
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Written by Leong Chan Teik
Monday, 17 December 2012 07:00


 
ricky_a_2ct
Ricky Ang, MD of Elektromotive. NextInsight file photo


ELEKTROMOTIVE shareholders -- look out for a special dividend and share buyback action by the company.

It has announced these plans (but not details like when and how much) in a statement on Thursday (Dec 13) regarding its proposed divestment of a 55% stake in a UK subsidiary for S$10.8 million cash.

The dividend payout is notable as Elektromotive has not paid a dividend since 1999.

Neither has it done a share buyback in many years -- at least not in the past 5 years (which is how far back the SGX's public records show)

On the other hand, Elektromotive has done a rights issue, garnering about S$5 million in the middle of this year from shareholders.

Chargemaster Plc is the buyer of the Elektromotive subsidiary, Elektromotive Ltd (EUK), one of the world’s leading providers of technology and engineering solutions for electric vehicle recharging stations.

The consideration of S$10.8 million for EUK represents 86.0% of Elektromotive Group’s market
capitalisation as of 12 December 2012.

As of 30 Sep 2012, the Group has borrowings of S$1.5 million. Following the completion of
the transaction, the Group’s net cash position will exceed S$10.0 million.

And after the divestment, Elektromotive will receive a royalty-free license to use the legacy technologies and solutions already developed by EUK.

Under the licence, the Group is permitted to use certain EUK-related technologies in Asia and Australasia, excluding Japan.

Ricky Ang, MD of Elektromotive Group, commented, “With this proposed divestment, our war chest will be significantly strengthened for us to pursue electric vehicle-related business opportunities in various fast-growing Asian markets, particularly China.

" Asia  as a whole contributed about one third of the global market in terms of electric vehicles and
electric recharging equipment in 2011. This contribution is set to grow given the strong
emphasis by the Chinese government to encourage EV sales so as to reduce emissions and
fossil fuel consumption."

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19-Dec-2012 10:29 Viking Offshore   /   VIKING OFFSHORE AND MARINE LTD       Go to Message
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Viking Offshore and Marine Ltd 18-Dec-12 Share Buy-Back 50,000 0.1050
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19-Dec-2012 10:27 Ezion   /   Ezion       Go to Message
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from DBS

Ezion announced that EDB Investments (EDBI), the corporate

investment arm of Singapore’s Economic Development Board,

will become a new strategic shareholder of the company. EBDI

will subscribe for 14.3m new Ezion shares at an issue price of

S$1.3315/share, representing 11.5% discount to the last

closing price before the announcement. Following this

exercise, EDBI will hold a 1.6% stake in Ezion. We view this

development positively. We believe these new funds could

potentially be deployed to generate earnings of about US$4m

to US$5m per year. Maintain BUY, TP: S$1.82.

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19-Dec-2012 09:34 Ezion   /   Ezion       Go to Message
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Very good stock for returns..

gd luck dyodd

Ezion Holdings

Rising up to a new league

Vote of confidence.

confidence to Ezion with a proposed subscription of new shares in the

latter. Other than providing financing, we believe that EDBI could open

gateways for Ezion to secure more contracts from prominent oil and

gas players, given its extensive network. Reiterate BUY and with target

price lowered to SGD1.81 as we adjust for dilution from new shares.EDB Investments (EDBI) has given its vote of

Financing is secured.

announced projects have been secured. Ezion has put in the required

~30% equity and the rest would mainly come from project financing. It

has utilised about 60-70% of the SGD125m perpetual securities raised.

With the remainder of its financial resources, we estimate that Ezion

can take on another two USD80-90m type service rig contracts.

Following EDBI’s proposed investment, Ezion will have additional equity

of SGD18.9m, and with better cashflows next year, Ezion will have

greater capacity to take on more projectsWe highlight that financing for Ezion’s

Prelude to more contract wins.

financing before announcement of any contracts. We view EDBI’s

investment in Ezion not only as a positive sign of endorsement but also

as a prelude to more contract wins.Traditionally, Ezion secures its

Mexican wave rising.

Keppel and Sembcorp Marine securing jackups built to work for

Mexican NOC, Pemex. The last two service rig contracts secured by

Ezion were also for the latter, reflecting Pemex’s aggressive drive in

offshore activities. Given Ezion’s good track record with Pemex (5

secured contracts), this could be a channel where new contract wins

would come from in the near term.Recent offshore orders wins saw rigbuilders,

Potential for earnings upgrade.

Ezion would continue to deliver in 2013 with more contract wins. We

lower our TP to SGD1.81, which is pegged to 10x FY13F PER, as we

account for dilution from new shares. However, we see room for

earnings upgrade as Ezion announces more contract wins in FY13F.

Reiterate BUY.We are increasingly confident that

Ezion Holdings – Summary Earnings Table

FYE Dec (USD m) 2010 2011 2012F 2013F 2014F

Revenue 117.1 107.0 172.8 394.3 478.6

EBITDA 47.7 62.0 92.5 175.0 211.6

Reported Net Profit 40.2 58.1 81.9 146.1 180.3

Recurring Net Profit 10.5 58.1 65.9 136.4 170.5

Basic EPS (US cts) 5.6 8.1 9.6 16.3 20.1

EPS Growth (%) 135.0 44.5 18.2 69.1 23.4

DPS (SGD cts) 1.0 1.0 1.0 1.0 1.0

PER (x) 21.4 15.3 12.9 7.6 6.2

EV/EBITDA (x) 23.4 18.6 16.5 10.1 8.0

Div Yield (%) 0.6 0.8 0.8 0.8 0.8

P/BV(x) 4.2 3.3 1.8 1.6 1.3

Net Gearing (%) -36.0 35.2 81.3 100.0 72.3

ROE (%) 19.2 21.7 14.2 20.7 20.8

ROA (%) 10.1 12.4 7.0 9.2 10.6

Consensus Net Profit (USD m) 64.0 127.7 166.5

Source: Company, Maybank KE estimates

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19-Dec-2012 09:12 Geo Energy Res   /   Geo Energy       Go to Message
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Jim rogers said he be back Dec 15..

Geo started running fast and furious this week..

looks like there's some good news.. but not reported officially

buy on rumor sell on news

gd luck dyodd
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19-Dec-2012 09:10 China Minzhong   /   China Minzhong Food forum       Go to Message
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Shanghai index has reversed from its downtrend...

China stocks to be in focus

CMZ flew to 82.5 this morning and in top 20 vol..

gd luck dyodd
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17-Dec-2012 09:04 SinoGrandnes   /   Sino Grandness - a growth stock with low PE       Go to Message
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next resistance which is the all time high is 61.5

break that.. sky is the liimit..current PE only 5x

gd luck dyodd
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14-Dec-2012 11:53 China Minzhong   /   China Minzhong Food forum       Go to Message
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80.5

looking good..

gd luck dyodd

vested
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13-Dec-2012 08:56 SinoGrandnes   /   Sino Grandness - a growth stock with low PE       Go to Message
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glad u liked it :)

let's earn more from this baby..

  gd luck dyodd

iamloser      ( Date: 12-Dec-2012 12:13) Posted:

hope it is able to break 60....thanks ozone for bringing this stock to my attention =)
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13-Dec-2012 08:51 Seatrium   /   Sembmarine       Go to Message
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latest from Kim Eng

Sembcorp Marine

Acquires site for new yard facility

Entering into Phase II of new yard facility.

acquired a 34.5-ha site at Tuas View South Extension for Phase II

development of its Integrated New Yard Facility. The site would be

leased from Jurong Town Corporation and will be for a period of 30 plus

30 years. Development is expected to be done in stages and over a

period of four to 5 years. Details of the capex plans would be

announced later. We believe that it would likely fund this with debt and

internal funds. Balance sheet and operating cashflow for the company

has always been strong and it was in a net cash position of SGD933m

as at 9M12.Sembcorp Marine has

The proposed new yard development.

announced on 4 Nov 2009 to develop a 206-ha New Yard Facility, over

a period of 16 years and in 3 phases. Phase I comprised of 73.3 ha of

land and is expected to be fully completed by 2014. Two of the four drydocks

for phase I however would be operational from mid-2013. The

initial capex for Phase I was estimated at about SGD750m but we

understand that this is now higher at about SGD900m.Recall that the company

More ship repair capacity.

completed, it has the potential to double its volume of ship repair and

conversion jobs from current levels of about SSG650m p.a to SGD1.1-

1.2b p.a in 2014. As ship repair and conversion jobs typically yield

higher margins, we believe that it would mitigate the potential lower

margins from Petrobras-related jobs. Maintain BUY and target price of

SGD5.60.When the Phase I docks are fully

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12-Dec-2012 11:53 SinoGrandnes   /   Sino Grandness - a growth stock with low PE       Go to Message
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58.5.. huat ah!

gd luck dyodd
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11-Dec-2012 15:46 SinoGrandnes   /   Sino Grandness - a growth stock with low PE       Go to Message
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57.. on the move after pausing

gd luck dyodd
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11-Dec-2012 13:38 Viking Offshore   /   VIKING OFFSHORE AND MARINE LTD       Go to Message
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Viking Offshore and Marine Ltd 10-Dec-12 Share Buy-Back 20,000 0.1050
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11-Dec-2012 13:14 Seatrium   /   Sembmarine       Go to Message
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11-Dec-2012 09:56 IPC Corp   /   Solid NTA 27c       Go to Message
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in top 20.. now 14c

looks like it's the battle of peter lim & OHL

gd luck dyodd
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11-Dec-2012 09:25 Seatrium   /   Sembmarine       Go to Message
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OCBC

Sembcorp Marine: Leader in the niche market of cruise ship repair
Sembcorp Marine (SMM) announced that its subsidiary, Sembawang Shipyard, has won a “favoured customer contract” from Royal Caribbean Cruises Ltd to provide ship repair, revitalization, upgrading and related marine services for its fleet of 41 cruise ships. Royal Caribbean is the world’s second largest cruise ship company by number of ships, behind Carnival Cruise Lines (81 cruise liners). This reinforces Sembawang’s reputation as one of the world’s leading yards in the specialized segment of cruise ships repair, refurbishment and conversion. The contract will include two cruise ships that will undergo major revitalization and a third for drydocking and repairs from Jan 2013 till 2014 with total revenue ranging from S$50m-70m, depending on the scope of repairs and upgrade. SMM has turned in an average of S$704m/year in terms of ship repair revenue in the past five years. Maintain BUY with S$5.84 fair value estimate on SMM. (Low Pei Han)
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11-Dec-2012 09:09 China Minzhong   /   China Minzhong Food forum       Go to Message
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81c

gd luck dyodd
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11-Dec-2012 08:53 Seatrium   /   Sembmarine       Go to Message
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Sembcorp Marine

USA, to provide ship-repair, revitalisation, upgrading and related marine services for its fleet of 41 cruise ships. The signing of this Favoured

Customer Contract will include two cruise ships calling at Sembawang Shipyard for major revitalization and a third ship for drydocking and

repairs between January 2013 to 2014 with total estimated sales ranging from S$50 million to S$70 million, depending on the scope of

repairs and upgrading packages of the ships. (S$4.49, -0.443%)announced that it has been awarded the Favoured Customer Contract (FCC) from Royal Caribbean Cruises Ltd. (RCL),

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10-Dec-2012 15:17 Thomson Medical   /   dancing with former remiser king       Go to Message
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resistance 112 broken..

super fly

gd luck dyodd
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