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10-Dec-2012 15:02

Thomson Medical / dancing with former remiser king

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testing next resistance @ 112

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10-Dec-2012 14:55

Thomson Medical / dancing with former remiser king

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flying now.. up 8%

what gives?

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10-Dec-2012 11:43

Viking Offshore / VIKING OFFSHORE AND MARINE LTD

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Viking Offshore and Marine Ltd 07-Dec-12 Share Buy-Back 100,000 0.1050

Viking Offshore and Marine Ltd 06-Dec-12 Share Buy-Back 50,000 0.1050

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10-Dec-2012 11:23

China Minzhong / China Minzhong Food forum

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From KE

China Minzhong

Big Overhang Removed

Olympus Capital passed the baton. Olympus Capital, a private equity fund, has sold its entire stake of 57m shares in China Minzhong through a private placement last Thursday at SGD0.80 per share. The shares were snapped up by a group of institutional funds and high net wealth investors. Top management also raised their stakes. In our view, this placement is a positive for Minzhong as it removes a long-term share overhang on the company without adding too much selling pressure in the open market.

Senior management raises holdings. In a show of solidarity, management took advantage of the vendor share placement to increase personal stakeholdings. CEO Lin Guorong raised his stake from 6.35% to 6.37% while CFO Siek Wei Ting’s total stake went up from 5.46% to 5.49%. This clearly signals management’s confidence in the company’s fundamentals and the attractiveness of its share price.

Share overhang fades. Olympus has invested in China Minzhong since 2006. Given the closed-end nature of private equity funds, it is a natural progression for private equity firms to liquidate their investments post-IPO and return capital to their investors. More importantly, last week’s placement has helped resolve the issue of share overhang Minzhong has been grappling with, not to mention the new institutional investors it has brought on board. Prior to the placement, Olympus and CMIA, two of Minzhong’s pre-IPO investors, together held 16% of total shares outstanding. The placement drastically reduced this holding to only 5.74% for CMIA alone.

Reiterate BUY. We continue to like Minzhong for its growth prospects. Given the difficulties Europe is facing, the company has striven to expand its revenue base by seeking out new customers abroad and leveraging the growth potential in Chinese domestic consumption. We are looking at an average of 15% EPS growth for the next three years. As it stands, Minzhong’s share price is deeply undervalued at the current 2.9x FY13F PER. Reiterate BUY with the target price unchanged at SGD1.16.

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10-Dec-2012 09:36

China Minzhong / China Minzhong Food forum

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just give u an idea of how much upside there is for CMZ

PE 3x - 80c

PE 6x - $1.6

PE 9x - $2.4

Stocks usually trade around 10x PE so you do the maths whether to invest or not..

gd luck DYODD

ozone2002 ( Date: 08-Dec-2012 11:19) Posted:

CMZ PE is 3x

vested

good luck

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08-Dec-2012 11:19

China Minzhong / China Minzhong Food forum

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CMZ PE is 3x

vested

good luck

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07-Dec-2012 11:49

SinoGrandnes / Sino Grandness - a growth stock with low PE

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good call!

radiantforce ( Date: 07-Dec-2012 11:36) Posted:

was right, but i thought there would be one more day of selling down for me to pick up..

entered at 0.79, which is still below the discounted 0.80 sold to the institutional investors.

radiantforce ( Date: 06-Dec-2012 10:00) Posted:

haha i think CMZ is an accumulate at the current price.

really got sold down a lot. should pick up from here.

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07-Dec-2012 11:24

SinoGrandnes / Sino Grandness - a growth stock with low PE

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INSTITUTIONAL FUNDS AND HIGH NET WORTH

INVESTORS BUY 10.3% STAKE IN CHINA MINZHONG

looks like sophisticated investors are warming up to

the food supply industry this will rub off on peer Sino

gd luck dyodd

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07-Dec-2012 11:20

China Minzhong / China Minzhong Food forum

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INSTITUTIONAL FUNDS AND HIGH NET WORTH
INVESTORS BUY 10.3% STAKE IN CHINA MINZHONG

(“Olympus”) helps alleviate “share overhang” on the Company.Takeover of shares from private equity shareholder Olympus Capital Holdings Asia

placement.Management shows support by increasing personal stakes through the vendor shares
Singapore, 07 December 2012
有限公司
today announces the purchase of 57,231,618 shares (approximately 10.3% of the total issued
share capital of the Company) by institutional funds and high net worth investors (“HNWIs”)
through a vendor shares placement from Olympus Capital Holdings Asia (“Olympus”) - a
private equity fund, at a placement price of S$0.80 per share.
Olympus invested in China Minzhong since 2006 and has been supportive of the Group’s
developments over the past 6 years. However, given the closed end nature of private equity
funds, it is a natural progression for private equity firms to liquidate their investments post IPO
and return capital to their investors. The placement has also helped alleviate the “share
overhang” issue on the Company and brought in new institutional and HNWI shareholders for
the Company’s net phase of growth.
Commenting on this, the Group’s Executive Chairman Mr. Lin Guo Rong (
will like to extend our appreciation to Olympus, whose past investment was critical to the
establishment of our Sichuan and Shanghai subsidiaries as well as the ramp-up of our– China Minzhong Food Corporation Limited (中国闽中食品 ) (“China Minzhong” or “Company”) (SGX: K2N.SI Bloomberg quote: MINZ SP),林国荣 ) said, “We
2
champignon mushrooms business. Today, we are pleased to be one of the top exporters of
champignon mushrooms in PRC. We will also like to specially thank Olympus for its valuable
guidance and strategic advice to the Company over the years. Our senior management team
has also taken the opportunity of this placement exercise to increase our shareholdings as a
vote of confidence in China Minzhong’s future prospects.”
For the 1
in its 1QFY2013 net profit to RMB121.6 million, on the back of a 69.7% rise in revenue to

RMB613.4 million. Net operating cash flow also increased 85.2% to RMB226.3 million, with

cash and cash equivalents amounting to RMB302.0 million at the end of the financial period.st quarter ended 30 September 2012, China Minzhong has reported a 30.6% growth

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07-Dec-2012 11:09

Seatrium / Sembmarine

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now 4.54 fly..

buy sembmar on dip .. coz of its sound fundamentals.

gd luck dyodd

ozone2002 ( Date: 04-Dec-2012 10:19) Posted:

bad on semb mar

will impact their delivery schedule because of this incident.

on the fundamental front, any big dip because of this news is an opportunity to buy

good luck dyodd

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07-Dec-2012 10:22

Envictus / ETIKA undervalued gem stock

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Tee Yih Jia Food Manufacturing (TYJ Group) is investing

$14.99m in Etika International Holdings by taking up new

shares in the latter. Etika, whose activities include the

manufacturing and distributing of sweetened condensed

milk and evaporated milk, has entered into a subscription

agreement with TYJ Group, and will allot and issue 75m

new ordinary shares at $0.1998 each. This issue price is

about 10% discount to Etika's last weighted average price.
Etika intends to use 50% of the net proceeds of $14.96m

for capital expenditure and the remaining 50% for working

capital.

i'm looking to buy when the market softens..hopefully around the price he bought

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07-Dec-2012 10:14

Seatrium / Sembmarine

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OCBC report

Sembcorp Marine: Continues to secure jack-up rig orders
Sembcorp Marine (SMM) announced this morning that its subsidiary, PPL Shipyard, has secured two turnkey contracts worth a total of US$434m for the construction of two jack-up rigs from Integradora de Servicios Petroleros Oro Negro. Scheduled for delivery in 4Q13 and 1Q14, the pair of rigs will be built based on the PPL Pacific Class 400 design. The price tag of US$217m per rig is similar to the earlier orders (same rig design) clinched by SMM in Feb, Apr and May this year, and is a reflection of the industry’s confidence in SMM’s execution abilities. With these contracts, SMM has won new orders worth about S$10.6b YTD vs S$3.9b for the whole of last year. Maintain BUY with S$5.84 fair value estimate. (Low Pei Han)

DBS report

SembCorp Marine’s PPL Shipyard has secured a pair of

jackup orders worth US$434m from Mexican customer, Oro

Negro. These units are to be delivered in 4Q13 and 1Q14.

The short delivery schedule of 4-5 quarters could imply that

these units will see earnings contribution from 1Q13. The

order brings SMM’s FY12 YTD order wins to S$11.0bn, vs.

our full year assumption of S$11.4bn. Maintain Buy, TP:

S$5.20.

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06-Dec-2012 11:35

China Minzhong / China Minzhong Food forum

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when big shareholders sell, likely reason could be no sign of confidence

SINGAPORE - Shares of China Minzhong Food Corp Ltd fell as much as 10.6 per cent on Thursday, after a block trade fuelled speculation one of its largest shareholders had sold its stake in the food processing firm.

China Minzhong, which is 16.9 per cent owned by sovereign wealth fund Government of Singapore Investment Corp, was trading down 8.2 per cent at S$0.78 at 0225 GMT. It was the most actively traded stock by value. In an earlier block deal, one party sold 57.23 million shares at S$0.80 each.

A trader said one of China Minzhong's shareholders had sold its entire stake in the company through a private placement.

According to Thomson Reuters data, Olympus Capital Holdings Asia, is the company's third largest shareholder, with 57.23 million shares or a 10.3 per cent stake.

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06-Dec-2012 11:17

Viking Offshore / VIKING OFFSHORE AND MARINE LTD

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buybacks resume

Viking Offshore and Marine Ltd 05-Dec-12 Share Buy-Back 55,000 0.1050

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06-Dec-2012 09:55

SinoGrandnes / Sino Grandness - a growth stock with low PE

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Minzhong down 6% today, may have an impact on Sino..

if so, accumulate Sino on dip

gd luck dyodd

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06-Dec-2012 09:47

Seatrium / Sembmarine

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Barclays TP $6.5....

Barclays reiterates its Overweight rating and $6.50 target for Sembcorp Marine

Analysts: Clement Chen, Scott Darling, Rita Wu

Order momentum picking -- In what has already been a record year for orders, Sembcorp Marine announced another drillship order from Sete Brasil for US$806mn. This brings its year-to-date orders to S$10.4bn.

We expect order momentum for the company to pick up going into 2013 from the likely return of drilling semi-submersible orders. Sembcorp Marine is our preferred pick in the rig-building space and we expect the shares to react positively to this new order.

With its shares trading at 11x 2013E P/E, we believe valuations remain attractive for a pure-play rig-builder leveraged to a continued increase in oil industry spending. We reiterate our OW rating on the company.

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06-Dec-2012 09:29

SinoGrandnes / Sino Grandness - a growth stock with low PE

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hit 58c.. next resistance to break 60c

gd luck dyodd

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05-Dec-2012 16:26

SinoGrandnes / Sino Grandness - a growth stock with low PE

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565

gd luck dyodd

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05-Dec-2012 10:46

SinoGrandnes / Sino Grandness - a growth stock with low PE

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know what you are getting into..

have a plan and do your homework..

that's the golden rules for investing..

gd luck dyodd

ozone2002 ( Date: 10-Nov-2012 12:32) Posted:

patience is the key ..

once you have found a good stock/biz..

it will be just a matter of time before the herd notices and rushes in..

by then those who vested earlier will reap the bigger share of the pie..

gd luck dyodd

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05-Dec-2012 09:53

SinoGrandnes / Sino Grandness - a growth stock with low PE

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54.5 let's go higher!

gd luck dyodd

ozone2002 ( Date: 05-Dec-2012 09:12) Posted:

PE of only 5x..

i'm not letting go till this reaches 10x PE ard $1

good luck to all four of us - radiantforce,rayyeo and iamloser

gd luck dyodd

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