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straits asia vs ezra Post Reply Rate topic
tonylim Master	09-Oct-2009 10:21        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	I repeat EZRA is definitely a better buy especially so now. tedlim_me      ( Date: 09-Oct-2009 08:41) Posted: Straits Asia Indonesian mine coal loader collapses : From The Edge Singapore   Singapore-listed coal miner, Straits Asia Resources (STRL.SI), said today the new coal loading facility at its Jembayan mine in Indonesia’s East Kalimantan province has collapsed due to heavy rain. The company did not say whether there were any casualties. Straits Asia said it is investigating the extent of damage and the potential impact on the future operation of the newly commissioned facility. It said the facility will not be able to load its coal output for “some time”. UBS said in a research note that it might lower its valuation on the company if the disruption lasts longer than six months. Straits Asia blamed the collapse on several days of rain in the area, which caused erosion and the failure of the foundation structure of the facility. The company said the Jembayan mine site operates two load out trains at the mine, and the old facility, with a nominal annual capacity of 5.5 million tonnes, “does not appear to be affected by this event.” “All other mining activities at Jembayan continue to function normally and all reasonable steps are being undertaken to mitigate the impact of this event,” the company said in a statement to the stock exchange. Straits Asia, which exports most of its output to power plants in Japan, Korea, Taiwan and India, plans to boost its production from its two coal mines in East Kalimantan province to 9.5 million tonnes in 2009, from 8.6 million tonnes last year. UBS analyst Andreas Bokkenheuser said in a note that the company should be able to achieve 8 million tonnes of output this year. “If the loader won’t be operational for another six months, our scenario analysis suggest a 10% downside from our current $2.50 valuation to $2.25,” Bokkenheuser said. The announcement came after the stock market closed. Straits Asia’s shares had finished 1.38% higher to end at $2.21, outperforming the broader market (.FTSTI) which finished 0.62% higher.
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tedlim_me Senior	09-Oct-2009 08:41        tedlim_me About Contact  Quote this Post! Style: Flexible   Mood: Yells: "there is no equity in the equity markets"
x 0   x 0  Alert Admin	Straits Asia Indonesian mine coal loader collapses : From The Edge Singapore   Singapore-listed coal miner, Straits Asia Resources (STRL.SI), said today the new coal loading facility at its Jembayan mine in Indonesia’s East Kalimantan province has collapsed due to heavy rain. The company did not say whether there were any casualties. Straits Asia said it is investigating the extent of damage and the potential impact on the future operation of the newly commissioned facility. It said the facility will not be able to load its coal output for “some time”. UBS said in a research note that it might lower its valuation on the company if the disruption lasts longer than six months. Straits Asia blamed the collapse on several days of rain in the area, which caused erosion and the failure of the foundation structure of the facility. The company said the Jembayan mine site operates two load out trains at the mine, and the old facility, with a nominal annual capacity of 5.5 million tonnes, “does not appear to be affected by this event.” “All other mining activities at Jembayan continue to function normally and all reasonable steps are being undertaken to mitigate the impact of this event,” the company said in a statement to the stock exchange. Straits Asia, which exports most of its output to power plants in Japan, Korea, Taiwan and India, plans to boost its production from its two coal mines in East Kalimantan province to 9.5 million tonnes in 2009, from 8.6 million tonnes last year. UBS analyst Andreas Bokkenheuser said in a note that the company should be able to achieve 8 million tonnes of output this year. “If the loader won’t be operational for another six months, our scenario analysis suggest a 10% downside from our current $2.50 valuation to $2.25,” Bokkenheuser said. The announcement came after the stock market closed. Straits Asia’s shares had finished 1.38% higher to end at $2.21, outperforming the broader market (.FTSTI) which finished 0.62% higher.
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tonylim Master	08-Oct-2009 15:20        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Long term, ESRA is a better buy.  thomas_low      ( Date: 08-Oct-2009 14:26) Posted: Humulus, you are anticipating the double dip? please share your view. Hulumas      ( Date: 08-Oct-2009 14:08) Posted: I might ask which is a better sell instead
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thomas_low Veteran	08-Oct-2009 14:26        thomas_low About Contact  Quote this Post!   Mood: Yells: "Gong Xi Money Made"
x 0   x 0  Alert Admin	Humulus, you are anticipating the double dip? please share your view. Hulumas      ( Date: 08-Oct-2009 14:08) Posted: I might ask which is a better sell instead? wangweii1122      ( Date: 07-Oct-2009 22:43) Posted: which is a better buy?
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Hulumas Supreme	08-Oct-2009 14:08        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	I might ask which is a better sell instead? wangweii1122      ( Date: 07-Oct-2009 22:43) Posted: which is a better buy?
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wangweii1122 Member	07-Oct-2009 22:43        wangweii1122 About Contact  Quote this Post!
x 0   x 0  Alert Admin	which is a better buy?
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