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sois this the number 11 plant?......
.click....
yes.......hehehe.....IFC is interested to potentially pay 18.5 cts for it. like the report says...hehehe a blue chip investor........guess it will not be long.......once all 10 WTE starts to fire up...so will the price .....hehehe......
Belteshazzar ( Date: 07-Feb-2012 09:29) Posted:
| rubbish company, waking up???
|
|
rubbish company, waking up???
using q2 results to guessestimate the potential net profit $40m annual for 4500 ton, $88m annual for 10kton
C& G's Q2 net profit grows as more
plants come onstream
By ANGELA TAN
C& G Environmental
Protection Holdings Limited reported on Monday that its net profit
for the second quarter ended June 30, 2011 rose to HK$34.97 million,
from HK$8.58 million a year ago as more plants started operations.
Revenue grew 33.77 per
cent to HK$517.74 million, driven by the higher contribution from the
fully operational plants and the ongoing construction of WTE plants
secured under build-operate-transfer (BOT) arrangement..
Looking ahead, the
management of C& G - a player in China's renewable Waste-To-energy
market - said the construction of its first sludge handling project
in Jinjianghas been delayed due to the government related facilities
not being ready.
As a result, the
operation is expected to start in Q3 2011.
C& G said its plant in
Fuqing has been completed and is expected to connect to state grid by
Q32011, resulting in total treatment capacity of at least 4,500 tons
per day, which would set the group's growth momentum for the next few
years.
' Combined with our other
existing projects on hand, we hope to emerge as a prominent player in
China with over 10,000 tons per day,' C& G said.
The group currently has
secured 10 BOT projects on hand, with five of them still under
construction. It expects most of them to be completed by 2012.
WLL
C& G Environmental Protection Holdings Limited announced
that its fourth WTE plant in Anxi , Fujian Province has been completed
and officially entered into production. In addition to the Group’s
plants in Jinjiang, Hui’An and Huangshi, this has translated into a
larger
market share of the Group in the WTE industry in China .
http://sgsharemarket.com/home/2011/05/singapore-company-highlights-12052011/
Those bought at 25c must be laughing all the way to the bank!
The Best is Yet to Come!
KIV this stock tmr, looks like it's turning around..with high volume.
Good luck
Definitely worst looking at! Vested at 25c!
Looks like a great buy. PE only at 3.5 X for FY07
Just wondering if it still has S$112.5m sitting in the bank account.
Presently, market cap is about S$117m, which means that if you buy this counter now, you're getting the business almost for FREE, as your investment is fully backed by the reserve in the Bank.
Is this interpretation right? If correct, then I'm very keen to pump in some monies on this stock.
All are welcomed to comment.
>The most extreme was
C&G Industrial, which according to its June 30, 2007 >balance sheet,
has 557 million yuan in the bank. That's about $112.5 >million, or about
40 per cent of its current market cap of $274 million.
FFM run road already meh? Can buy or good to short?
C&G Industrial's Profit Surged to RMB 164.2 million!!
This is beautiful.....but the best is yet to come!!
Volumes up!! Price up!! Still undervalued!!
if very sure on downside, ??good to short this counter
pls dun wake up the sleeping beauty in this environment.
high oil prices affecting all the fibre companies; fibrechem, stf, chinasky, hongwei...
i m waiting @ 40, pls throw
