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stan19
    08-Jul-2011 14:52  
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is it good for long? boss, mind to share?...

 
 
 
starlene
    27-Oct-2010 14:26  
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GP Batteries's business are good and valuations are cheap with good dividend yield.At $1.97 it is trading below its book value $2.81.Its major shareholder GP Industries at 60cts also trading below book value 75.5cts.It is also 79% held by Hong Kong's Gold Peak Industries
 
 
starlene
    12-Oct-2010 09:21  
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Cross $2 will shoot higher...

 
Everyone needs batteries.

http://finance.yahoo.com/echarts?s=G...08.SI;range=1y

Very fast. I guess slow to drop mainly applies to their ReCycko batteries as well. Very slow drop in mA.
 

 
Jackpot2010
    07-Oct-2010 15:26  
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Starlene, pte report from which brokerage hse & date published? thanks.
 
 
starlene
    07-Oct-2010 14:53  
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the privatisation bandwagon – GP Industries

 

The latest privatisation on SGX could spark a revival of the thematic privatisation play once more. In view of that, we review a likely privatisation target – GP Industries.       

 

The privatisation checklist may include i) major shareholder with large stake in target company; ii) strong net cash or low gearing position; iii) profitable companies with positive operating cash flows; iv) companies trading below book value; v) regular daily share buyback exercises; vi) no necessity to raise funds. 

 

On our privatisation scorecard, GP Industries scores a perfect 6 out of 6:

 

i)          Major shareholder Gold Peak Industries Holdings controls around 71% of GP Industries.

 

ii)         As at 30 June 2010, GP Industries has a low net gearing of 0.2x.

 

iii)         Apart from an S$6m loss in 2009, GP Industries has been able remain profitable since inception. The company is also able to generate strong operating cash flows in the range of S$20m – S$70m over the past five years.

 

iv)         At its current price of S$0.58, GP Industries is trading below book value, at 0.77x P/BV valuation.

 

v)         Since 24 August 2010, we have observed daily share buybacks till 28 September 2010. GP’s share price rose 30% from S$0.45 on 24 August to S$0.585 on 28 September.

 

vi)         GP Industries has yet to raise capital from the capital markets since its listing in 1995.

 

In reference to the latest privatisation proposal on SGX, the offer was at 0.85x P/BV, and historical FY10 ROE for the target in play was -8.5%, according to Bloomberg. GP Industries has a historical ROE of 8.5%. A privatisation offer for GP Industries could at least be 0.85x P/BV, or S$0.64/share, a 10.3% premium to its existing share price.

 

We believe this is a stock to watch out for further development.

A steady stock...with good potential since its sister co GP Industries may be taken over

 

 



Jackpot2010      ( Date: 01-Oct-2010 17:26) Posted:



Milestone $2.04! + 7c. Keep your GB Batt till $2.85, easily! Remember last yr div = 10c a share.

Besides electric cars batteries, there is electric bikes (VECTRIX) and electric bicycle which GP Batt already into this latter 2 businesses. The former (elect cars) needs high capital expenditure some delayed is to be expected.


 
 
Jackpot2010
    01-Oct-2010 17:26  
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Milestone $2.04! + 7c. Keep your GB Batt till $2.85, easily! Remember last yr div = 10c a share.

Besides electric cars batteries, there is electric bikes (VECTRIX) and electric bicycle which GP Batt already into this latter 2 businesses. The former (elect cars) needs high capital expenditure some delayed is to be expected.

 

 
eeming45
    29-Sep-2010 16:10  
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wow.. hope some gd news in the making ... hope the sell away the Nth America battery mfg asset to others and focus in the electri-car battery mkt in china

Jackpot2010      ( Date: 28-Sep-2010 10:49) Posted:

Rumours that Gold Peak HK taking GP Industries private (>80% owned). This may affect GP Batt too (owned 49% by GP industries). Just Rumours - NOT verified at all!



Jackpot2010      ( Date: 22-Sep-2010 14:43) Posted:



$1.87 +11c Buying illiquid counters must hv patience. Watch GP Battery from now on!


 
 
Jackpot2010
    28-Sep-2010 10:49  
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Rumours that Gold Peak HK taking GP Industries private (>80% owned). This may affect GP Batt too (owned 49% by GP industries). Just Rumours - NOT verified at all!



Jackpot2010      ( Date: 22-Sep-2010 14:43) Posted:



$1.87 +11c Buying illiquid counters must hv patience. Watch GP Battery from now on!

 
 
Jackpot2010
    22-Sep-2010 14:43  
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$1.87 +11c Buying illiquid counters must hv patience. Watch GP Battery from now on!
 
 
moneycow
    27-May-2010 16:58  
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1 lot sell up, 1 lot buy up, repeated and repeated. same people. pushing price up.
 

 
moneycow
    27-May-2010 16:45  
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The trading pattern look obvious that it was artificially jacked up by some quarters.

 Small voume and the asking and bidding volume is very low.

Its like buying and selling is from the same pool of funds and manipulated by one sell up  1 or few lots and another one grab on other end, it kjust goes up this way........  at one point, asking and bidding can be 7 cents different and someone bought 7 cents higher then the last done price. whjere got logic.

Look at the total units done, so little. 

Someone is sacrificing small fish to lure the big fish . 
 
 
kenkenken
    27-May-2010 16:24  
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im first to grab it today after it report...hehe
 
 
Jackpot2010
    27-May-2010 11:44  
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Judge 4 yourself- FY31/3/10. I feel GP Bat is a good co. - buy n hold. 

 http://www.sgx.com/wps/portal/marketplace/mp-en/listed_companies_info/company_announcements

EPS : 33.82c (P/E 5x)

NAV: S$2.81

Div : Interim 2c + Final 8c : total: 10c

Yield: abt 6%
 
 
Hulumas
    15-Apr-2010 13:08  
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Still room for upside move? I intend to take profit, any suggestion?

ngdmnd      ( Date: 13-Apr-2010 01:07) Posted:

more upside to come. stock still cheap. today nice move up with high vol. major shareholder gold peak is doing something to gp batt and its holding company gp ind. stay vested.

 
 
Jackpot2010
    14-Apr-2010 21:58  
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Prius Plug-In Conversion Breaks 34 MPH Software Barrier



Source: PICC
Class: PRESS RELEASE

SYNOPSIS: The software upgrade also will allow Prius drivers with PICC conversion kits to boost highway fuel efficiency to 170 mpg until 6.1 kWh pack depletes.

POWAY, CA – Plug In Conversions Corp. (PICC) has completed a breakthrough software upgrade to its plug-in conversion kit that for the first time will allow all-electric mode driving at speeds of up to 70 miles per hour in a converted Prius.

Previous Prius conversion kits have been limited by Toyota programming to a top speed of 34 mph in all-electric mode.

The software upgrade also will allow Prius drivers with PICC conversion kits to boost highway fuel efficiency to 170 miles per gallon (until the rechargeable battery is depleted), as recently measured by Argonne National Laboratory. Chicago-based Argonne reported even higher all-electric mileage in city driving tests of vehicles equipped with the software upgrade and PICC’s Nickel Metal Hydride battery conversion kit, now in its third generation.

“What we’re essentially offering is all-electric performance for about 25 miles at highway speeds,” said PICC founder and president Kim Adelman. “The car is no longer limited to 34 miles per hour, all-electric. This also allows a Prius to perform much like the Chevy Volt, but for a much lower cost.”
Adelman is displaying a Prius equipped with PICC’s third-generation NiMH conversion kit at the 2009 Advanced Automotive Battery and EC Capacitor Conference, through Friday at the Long Beach Convention Center.

The software upgrade is based upon patented technology developed by Chicago-based Ewert Energy Systems, which has granted PICC exclusive rights for its use in Prius conversion kits.

The software upgrade was designed with safety in mind. Some previous Prius plug-in conversion kits allowed motorists to go as fast as 52 miles per hour using “forced stealth” mode. But that can force the electric motor to run above its recommended speed range, said Ewert Energy Systems co-founder and vice president Andrew Ewert.

It also requires drivers to stop and restart the vehicle before its gas engine can engage – which can cause safety issues and erase emissions data recorded for smog checks.

“Our system allows the gas engine to turn on instantly, when needed, and allows us to initiate a controlled engine warm-up at any time to meet strict emissions standards, thus eliminating the traditional problem of a cold start,” Ewert said.

The software upgrade also allows PICC-converted cars to “operate in an enhanced hybrid mode at various speeds, with the vehicle heavily favoring the electric motor versus the gasoline engine in different modes,” Ewert said.

The upgraded PICC kit boosts mileage while reducing emissions by maximizing use of the car’s electric motor in all driving modes. The PICC system also can recoup more regenerative power from braking than a factory-installed Prius battery. When the PICC battery pack charge is depleted, the converted Prius reverts to its normal factory HEV operating mode.

As for performance, a Prius equipped with the upgraded PICC conversion kit “acts exactly like a normal Prius,” Adelman said. “You can’t tell the difference.”

PICC’s conversion kit adds about 220 pounds to the vehicle, but rear springs are upgraded to maintain the rear height at factory specifications.

The software upgrade, retailing for $2,000 to $2,500, will be made available for sale later this month to new and existing conversion kit customers. A free trial version of the software upgrade will later be introduced.

PICC’s conversion kit, which replaces Toyota’s 1.3-kilowatt hour NiMH battery pack with a 6.1-kWh pack, retails for $12,500. Conversions can be completed in about one day and the kit is covered by a three-year warranty. The batteries (which carry an expected 10-year lifetime) are manufactured by Gold Peak Industries North America, a subsidiary of GP Batteries International. Gold Peak purchased an equity stake in PICC late last year.

“The Prius was designed for Nickel Metal Hydride, so by using that same battery chemistry, we can incorporate all of Toyota’s well tested battery-safety systems,” Adelman said.

The conversion kit and software upgrade also were tested for emissions by Argonne National Laboratories, which determined that the PICC system meets the SULEV emissions standard, the industry’s strictest.

PICC’s existing conversion kit allows Prius owners to recharge their vehicles in six hours using a regular 120-volt outlet, or in as little as two hours with an optional high-capacity charger.

PICC will begin California Air Resources Board emissions-control certification testing later this month. The company also intends to complete crash testing of PICC-converted vehicles so that future owners can qualify for green-vehicle tax credits.

PICC also intends to develop conversion kits with lithium-ion batteries manufactured by Gold Peak. PICC has three existing dealers with seven additional sites planned nationwide by year’s end. The company plans to produce similar PHEV conversion kits and software for other hybrid electric vehicles.

ABOUT PLUG IN CONVERSIONS CORP: Plug-In Conversions Corporation, based in Poway, CA, was founded in June 2007 to help restore and protect our environment by converting as many Hybrid Electric Vehicles as possible to Plug-In Hybrid Electric Vehicles. In December 2008. Gold Peak Industries North America, Inc., a subsidiary of GP Batteries International, took a substantial minority equity position in PICC.

ABOUT EWERT ENERGY SYSTEMS: Privately held Ewert Energy Systems aims to create affordable and dependable alternative energy solutions and help the world move towards more renewable energy.

 

 
Jackpot2010
    13-Apr-2010 21:45  
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Extract from Annual Report YE 31 March 2009 (pg 15). If PHEV takes off, then 3xNAV is highly likely = $8+

Electric Vehicle Batteries

The Group has been working on several new electric

vehicle battery projects which have the potential to

translate to greater opportunities in the coming year.

One such project was the hybridization of the diesel

gantry cranes in a container terminal in Hong Kong

where fuel savings of more than 50% were reported. The

current volume supplied may have yet to be significant

but the project demonstrates the Group’s technology

know-how and capability. Immense potential remains

to be tapped.

Preparation for the joint-venture factory with Hunan

Corun New Energy Company Limited to produce

NiMH batteries for hybrid electric vehicles in China is

continuing.

The Group has entered into a new strategic partnership

with Plug-in Conversions Corporation, US to develop

and market a conversion kit to convert standard Toyota

Prius hybrids to operate as plug-in hybrid electric

vehicles (

efficiency while reducing emissions.

Sales of batteries for high-end electric bicycles remained

strong. The Group’s ability to customize batteries

according to the shape and style of the bicycles put it in

good stead against competitors. It is currently adapting

new battery chemistries for use in electric bicycles.

If the present trend continues, the Group expects

significant contributions from the e-mobility business.
PHEVs). PHEVs increase performance and fuel

 
 
ngdmnd
    13-Apr-2010 01:07  
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more upside to come. stock still cheap. today nice move up with high vol. major shareholder gold peak is doing something to gp batt and its holding company gp ind. stay vested.
 
 
Hulumas
    12-Apr-2010 23:28  
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Yes, I am still riding the paper profit.

Jackpot2010      ( Date: 12-Apr-2010 09:45) Posted:

Was $1.80 last week, it now hit $1.90. Catch it while you still can!

 
 
trueview
    12-Apr-2010 20:48  
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hay..$1.94..the show jst started
 
 
Jackpot2010
    12-Apr-2010 09:45  
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Was $1.80 last week, it now hit $1.90. Catch it while you still can!
 
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