HanKore Env   

Hankore onward march to 8-10cts.

Sure, take care bro Leeeta

Share7      ( Date: 15-Nov-2013 07:54) Posted: leeeta, take care and quick recovery. Health more important than wealth as one ages. leeeta      ( Date: 14-Nov-2013 21:59) Posted: today and tomorrow, me out of action..going for   surgery to remove piles...too painful. :(   Yes, nek that guy it seems has a grudge with s-chips particularly Hankore..Must have been hit badly in the past ..he was also saying that HK will go to 4cts or lower in the last penny crash (you can search his postings)..so you guys surely knows how credible he is by now. Any way to each his own, we make our own judgement call here after doing our own due diligence. If I say HK will hit 1dollar tomorrow, dont believe me, do your own homework. What we always encourage here is that forumers make their investments wisely based on their own work and   info gleaned from various sources. (sgx, brokerage houses etc). In this forum, we post info of HK (not garbage and not rumours) to encourage each member who has long term interest in HK   not to loose sight of the eventual goal..i think this should be the spirit. Yes we post also our frustrations and anger at David...but that was for fun..haha. Yesterday, HK posted good set of results and in the next few quarters, it is anticipated that the results would even be better. Consolidation is a short term pain..bear with it if it happens...and only if you want to..no one forcing here. Without the announcement and without the BAL sage, HK may already hit 2d today.   I hv my own strategy during this consolidation exercise, will keep it close to my chest..but will stay vested for the long term until such time when i see there are more opportunities elsewhere. cheers/

 

HANKORE ENV: ($0.066) Strong 1QFY14 validates growth potential key proxy play on the China water theme
14/11/2013 
Hankore posted 1QFY14 net profit that leapt 149% y/y to Rmb30.4m, on a 50% jump in revenue to Rmb134.1m.

The top line growth was driven by a 34% and 28% surge in construction revenue and recurring water treatment income respectively, as well as maiden contribution from its newly acquired subsidiary, Tongyong, which provides engineering, procurement and construction (EPC) activities.

Gross margin expanded to 46% from 37% y/y, boosted by margin expansion at its two key construction and recurring water treatment businesses.

The backdrop massive investment channeled toward water projects in China, strong government support for the industry and stricter discharge standards required for China's water treatment plants offers huge potential opportunities for Hankore.

Presently, Hankore has invested in 11 large scale municipal water/ wastewater projects in Beijing, Jiangsu, Shandong, Shaanxi and Henan.

In the immediate term, Hankore's growth will be underpinned by the build-out of the current and new phases at its projects, which are expected to reap higher water discharge fees upon completion. In particular:

- Construction work of Phase 2 and upgrading work of Phase 1 of Jiangdu Development Zone Wastewater Treatment Plant in Yangzhou City, Jiangsu Province has almost completed in Oct 2013 and is expected to receive higher water discharge fees of Rmb1.66/ton in the near future.

- Stage 2 of Phase 1 and upgrading work of Nanjing Liuhe BOT project has almost completed construction, and is expected to reap higher water discharge fees as its water discharge quality upgrades from " Grade 1B" to " Grade 1A" .

In addition, backed by a war chest of Rmb320.5m and net gearing of ~30%, Hankore has the financial flexibility to explore potential M& A opportunities should they arise.

At $0.066, the stock trades at an attractive 0.85x P/B, 12.5x annualized 1QFY14 P/E. This compares with other listed water treatment players such as SIIC Environment (20.7x P/E), United Envirotech (14.9x), Sound Global (11x).

Accordingly, Market Insights adds Hankore (entry price: $0.66) to its model Growth portfolio as a key proxy play on the China water theme.

By Ben Oh
 

 

Ya hor money can't buy health ! take care loh don't think of Hankore 10:1 consolidation will adjust by itself....

Share7      ( Date: 15-Nov-2013 07:54) Posted: leeeta, take care and quick recovery. Health more important than wealth as one ages. leeeta      ( Date: 14-Nov-2013 21:59) Posted: today and tomorrow, me out of action..going for   surgery to remove piles...too painful. :(   Yes, nek that guy it seems has a grudge with s-chips particularly Hankore..Must have been hit badly in the past ..he was also saying that HK will go to 4cts or lower in the last penny crash (you can search his postings)..so you guys surely knows how credible he is by now. Any way to each his own, we make our own judgement call here after doing our own due diligence. If I say HK will hit 1dollar tomorrow, dont believe me, do your own homework. What we always encourage here is that forumers make their investments wisely based on their own work and   info gleaned from various sources. (sgx, brokerage houses etc). In this forum, we post info of HK (not garbage and not rumours) to encourage each member who has long term interest in HK   not to loose sight of the eventual goal..i think this should be the spirit. Yes we post also our frustrations and anger at David...but that was for fun..haha. Yesterday, HK posted good set of results and in the next few quarters, it is anticipated that the results would even be better. Consolidation is a short term pain..bear with it if it happens...and only if you want to..no one forcing here. Without the announcement and without the BAL sage, HK may already hit 2d today.   I hv my own strategy during this consolidation exercise, will keep it close to my chest..but will stay vested for the long term until such time when i see there are more opportunities elsewhere. cheers/

 

leeeta, take care and quick recovery. Health more important than wealth as one ages.

leeeta      ( Date: 14-Nov-2013 21:59) Posted: today and tomorrow, me out of action..going for   surgery to remove piles...too painful. :(   Yes, nek that guy it seems has a grudge with s-chips particularly Hankore..Must have been hit badly in the past ..he was also saying that HK will go to 4cts or lower in the last penny crash (you can search his postings)..so you guys surely knows how credible he is by now. Any way to each his own, we make our own judgement call here after doing our own due diligence. If I say HK will hit 1dollar tomorrow, dont believe me, do your own homework. What we always encourage here is that forumers make their investments wisely based on their own work and   info gleaned from various sources. (sgx, brokerage houses etc). In this forum, we post info of HK (not garbage and not rumours) to encourage each member who has long term interest in HK   not to loose sight of the eventual goal..i think this should be the spirit. Yes we post also our frustrations and anger at David...but that was for fun..haha. Yesterday, HK posted good set of results and in the next few quarters, it is anticipated that the results would even be better. Consolidation is a short term pain..bear with it if it happens...and only if you want to..no one forcing here. Without the announcement and without the BAL sage, HK may already hit 2d today.   I hv my own strategy during this consolidation exercise, will keep it close to my chest..but will stay vested for the long term until such time when i see there are more opportunities elsewhere. cheers/ cccx123      ( Date: 14-Nov-2013 21:05) Posted: This fella only appear when the stock is doing badly. During the run up from 5cts to 8.4cts he MIA. Then now 6cts again he show face once more. Can't believe such people exist. So much time too!

 

If you can read his postings in this or earlier threads, he was already commenting how bad HK is even before the announcement of the RSS. He was calling for 3cts without basis or facts..when we ask him give reasons to support his arguments..all he can rattle is that all s-chip   companies cant be trusted , s-chips will fail etc. Why talk bad about a company when you dont have facts to back you up? Why do you think Simon Cheong, Remisier King Han and even Alan plough money into this company..? Do they see value? Do they see a turn around company? What do they see that nek does not?

I would understand and support him if he came in now and ask forumers to exercise caution with this recent RSS announcement...but not before.

new6ie      ( Date: 14-Nov-2013 21:43) Posted: Bro, I found him ok with his logics and he has not been lying.   He merely is having good intentions to share his premonitions about the aftermath of this consolidation.   I myself experienced about 5 consolidations and all of them fell from the cliff after a little while, though before the fall they might go up slightly but not many people would not be fast enough to " cabut" before losing when they started to fall over time. cccx123      ( Date: 14-Nov-2013 21:05) Posted: This fella only appear when the stock is doing badly. During the run up from 5cts to 8.4cts he MIA. Then now 6cts again he show face once more. Can't believe such people exist. So much time too!

 

today and tomorrow, me out of action..going for   surgery to remove piles...too painful. :(

  Yes, nek that guy it seems has a grudge with s-chips particularly Hankore..Must have been hit badly in the past ..he was also saying that HK will go to 4cts or lower in the last penny crash (you can search his postings)..so you guys surely knows how credible he is by now.

Any way to each his own, we make our own judgement call here after doing our own due diligence. If I say HK will hit 1dollar tomorrow, dont believe me, do your own homework. What we always encourage here is that forumers make their investments wisely based on their own work and   info gleaned from various sources. (sgx, brokerage houses etc). In this forum, we post info of HK (not garbage and not rumours) to encourage each member who has long term interest in HK   not to loose sight of the eventual goal..i think this should be the spirit. Yes we post also our frustrations and anger at David...but that was for fun..haha.

Yesterday, HK posted good set of results and in the next few quarters, it is anticipated that the results would even be better. Consolidation is a short term pain..bear with it if it happens...and only if you want to..no one forcing here. Without the announcement and without the BAL sage, HK may already hit 2d today.   I hv my own strategy during this consolidation exercise, will keep it close to my chest..but will stay vested for the long term until such time when i see there are more opportunities elsewhere. cheers/

cccx123      ( Date: 14-Nov-2013 21:05) Posted: This fella only appear when the stock is doing badly. During the run up from 5cts to 8.4cts he MIA. Then now 6cts again he show face once more. Can't believe such people exist. So much time too!! Share7      ( Date: 14-Nov-2013 19:05) Posted: You should go and read about HK's plans in The Edge article dated 23 September 2013 to be informed abt their plan so that you will live up to your Master status. Otherwise you are misinforming and causing unnecessary anxiety general readers here.

 

Bro, I found him ok with his logics and he has not been lying.   He merely is having good intentions to share his premonitions about the aftermath of this consolidation.   I myself experienced about 5 consolidations and all of them fell from the cliff after a little while, though before the fall they might go up slightly but not many people would not be fast enough to " cabut" before losing when they started to fall over time.

cccx123      ( Date: 14-Nov-2013 21:05) Posted: This fella only appear when the stock is doing badly. During the run up from 5cts to 8.4cts he MIA. Then now 6cts again he show face once more. Can't believe such people exist. So much time too!! Share7      ( Date: 14-Nov-2013 19:05) Posted: You should go and read about HK's plans in The Edge article dated 23 September 2013 to be informed abt their plan so that you will live up to your Master status. Otherwise you are misinforming and causing unnecessary anxiety general readers here.

 

This fella only appear when the stock is doing badly. During the run up from 5cts to 8.4cts he MIA. Then now 6cts again he show face once more. Can't believe such people exist. So much time too!!

Share7      ( Date: 14-Nov-2013 19:05) Posted: You should go and read about HK's plans in The Edge article dated 23 September 2013 to be informed abt their plan so that you will live up to your Master status. Otherwise you are misinforming and causing unnecessary anxiety general readers here.   ynnek1267      ( Date: 14-Nov-2013 16:13) Posted: Unless, Hankore change their management to Singaporean and set up main office in Singapore but operate in China  like United Environment Tech. Otherwise, better invest in United Envi rather than Hankore if you believe China government will pump in tons of money in envitonment protection.

 

You should go and read about HK's plans in The Edge article dated 23 September 2013 to be informed abt their plan so that you will live up to your Master status. Otherwise you are misinforming and causing unnecessary anxiety general readers here.  

ynnek1267      ( Date: 14-Nov-2013 16:13) Posted: Unless, Hankore change their management to Singaporean and set up main office in Singapore but operate in China  like United Environment Tech. Otherwise, better invest in United Envi rather than Hankore if you believe China government will pump in tons of money in envitonment protection.

 

i tot some1 say they moving to sg open a HQ here? 

ynnek1267      ( Date: 14-Nov-2013 16:13) Posted: Unless, Hankore change their management to Singaporean and set up main office in Singapore but operate in China  like United Environment Tech. Otherwise, better invest in United Envi rather than Hankore if you believe China government will pump in tons of money in envitonment protection.

 

Unless, Hankore change their management to Singaporean and set up main office in Singapore but operate in China  like United Environment Tech. Otherwise, better invest in United Envi rather than Hankore if you believe China government will pump in tons of money in envitonment protection.

 

But we can't blame David, or China man because, one broom cannot sweep everything.   He might as well be another victim if he isn't a proxy to some " scammers" behind the back room. His investment is not small though and I believe he bought around 8 cents. (I heard last time when he first bought control)

 

opps nv check so many yr ago price :P

 

2009-2010..check the chart lol

sjZheng      ( Date: 14-Nov-2013 15:03) Posted: this counter got $1 before meh? ynnek1267      ( Date: 14-Nov-2013 14:54) Posted: Don't make yourselves to be another victims. Look back to history, how many time, this company issue right till today amount of share. Now they want to consolidate, do they concern about those holders who bought above 1 dollar. from 1 dollar become few cents, now want to consolidate again. Those China man treat SGX as ATM, you want to be another victims.

 

this counter got $1 before meh?

ynnek1267      ( Date: 14-Nov-2013 14:54) Posted: Don't make yourselves to be another victims. Look back to history, how many time, this company issue right till today amount of share. Now they want to consolidate, do they concern about those holders who bought above 1 dollar. from 1 dollar become few cents, now want to consolidate again. Those China man treat SGX as ATM, you want to be another victims.

 

Misuse or abuse of the loopholes of SGX and MAS.   Our authorities not free to look into all these.   If they were free, and give a few minutes away from counting their own wealth,   even the dumbest bureaucrats or top men will understand the usage of rights and consolidation and manipulations and short sale business are a no-no for the well being of the industry.

ynnek1267      ( Date: 14-Nov-2013 14:54) Posted: Don't make yourselves to be another victims. Look back to history, how many time, this company issue right till today amount of share. Now they want to consolidate, do they concern about those holders who bought above 1 dollar. from 1 dollar become few cents, now want to consolidate again. Those China man treat SGX as ATM, you want to be another victims.

 

Don't make yourselves to be another victims.

Look back to history, how many time, this company issue right till today amount of share. Now they want to consolidate, do they concern about those holders who bought above 1 dollar. from 1 dollar become few cents, now want to consolidate again. Those China man treat SGX as ATM, you want to be another victims.

 

Ermm tio.   Immediately on consolidation, the new price will be same value as per ratio used to consolidate.   Then it will trade up or down depending on news and whether giant shortists (long term ones) were at play prior to consolidation. We can't fight giants unless we are David. (David vs Golliath). Lol.

Spivvy      ( Date: 14-Nov-2013 14:35) Posted: Means price will cheong up prior consolidation so that got more juices for insiders to trade down after consolidation? Tio bo?

 

Means price will cheong up prior consolidation so that got more juices for insiders to trade down after consolidation? Tio bo?

 

Not long ago HK propose increase in authorise capital..u shd hve suspected HK going do something with the share capital..so far consolidation the most exactly the same or 9 oout of 10 the shareholders lose out...recent example last week only Saizen consolidate 5 into 1 and it was trading 18.5cts now about 92.5-93 about the same...see Equation dropped its proposal to consolidate due to weak penny stock ,the shares move slightly up..Equarion has dropped from 1.5cts to 1.11 after the proposal..normally consolidation work against the shareholders..not vested but just to share to alleviate the concerns of some forummers here

ynnek1267      ( Date: 14-Nov-2013 14:22) Posted: At first, why consolidate? Second, any good example after consolidation for S-chip stock? To hankok, just too many share to issue right, so need to consolidate 10 to 1 to issue right for business expansion. Expand busiess? to China S-chip, do you believe them will take money to expand or take money to run and spend???? sjZheng      ( Date: 14-Nov-2013 14:15) Posted: So share consolidation is good or bad ah