HanKore Env   

HANKOREcontinuation wedge(bullish)target 6-7c soon

Laughter is the best medicine :)  Best to not get  so worked up about the price fluctuations or you will suffer bouts of extreme emotions bordering euphoria and depression..

 

Dumping is accumulating??

wxp8838      ( Date: 30-Aug-2013 09:46) Posted: can you believe this?0.051 fuc        k

 

can you believe this?0.051 fuc        k

 

Not looking good :( ..more like 'sell on news' then cheong up.

 

Hmm.. A way to increase analyst coverage would actually have been to top the actives table with a price spike. Then analysts will typically laud the turnaround status of the company. Guess our BB has other plans.

 

Typo mistake - More importantly if it will hence attract more analyst coverage given that it has 'now' turned in a 2nd year of profitability since its restructuring and with improved outlook.

Lucky03      ( Date: 30-Aug-2013 07:52) Posted: May not spike up but still a decent set of result that offers a better future to come as its earning base is now more broad based and stable with stronger recurring revenue that will improve as more of the upgrading and upward revision of water tariff rate kick in. More importantly if it will hence attract more analyst coverage given that it has not turned in a 2nd year of profitability since its restructuring and with improved outlook.

 

May not spike up but still a decent set of result that offers a better future to come as its earning base is now more broad based and stable with stronger recurring revenue that will improve as more of the upgrading and upward revision of water tariff rate kick in. More importantly if it will hence attract more analyst coverage given that it has not turned in a 2nd year of profitability since its restructuring and with improved outlook.

 

The covenants in the MTN recently issued specified explicitly that no dividends are to be declared for the duration of the debt. The results, while not spectacular, ticks a number of boxes. For instance, HK is now rid of the earnings volatility that resulted in it having positive earnings one year and negative the next. With this new found earnings stability, investors and analysts will be drawn to this stock.

ynnek1267      ( Date: 30-Aug-2013 07:17) Posted: No dividend. Good result? Doubt so. Quarter to quarter seem bad.

 

No dividend. Good result? Doubt so. Quarter to quarter seem bad.

 

If Hankore dips when market opens, it will probably the last chance for anyone to pick up some around 5.2c. I expect Hankore to call for analyst briefing shortly.

Lucky03      ( Date: 30-Aug-2013 01:18) Posted: Hankore really timed its release only after CMZ.... Will have to see how analyst will cover this stock given its 2nd year of returning to profit with higher revenue yoy. It may be a bit overstretched though reasonable to claim a 199% increase in net profit 'under normal operating activities' if one were to remove the exceptional items including previous year of significantly higher reversal of impairment (RMB52.4m), current year professional fees for capital market activities (RMB6.2m) and accrued RMB4.85m for employee bonus. I felt while the writeback of impairment may be once off, the other 2 are normal business activities that may be repeatable yoy. The increase in profit 'under normal operating activities' will have been 163% instead of 199.3%. Still a respectable turnaround story. Strictly from accounting terms, the profit actually dropped from RMB102.643m to RMB99.465m. Since stock prices reflect the future rather than the past or even current, the many positive developments at the various plants with higher tariff rate will start revealing at Q1 '14 result.

 

Hankore really timed its release only after CMZ.... Will have to see how analyst will cover this stock given its 2nd year of returning to profit with higher revenue yoy. It may be a bit overstretched though reasonable to claim a 199% increase in net profit 'under normal operating activities' if one were to remove the exceptional items including previous year of significantly higher reversal of impairment (RMB52.4m), current year professional fees for capital market activities (RMB6.2m) and accrued RMB4.85m for employee bonus. I felt while the writeback of impairment may be once off, the other 2 are normal business activities that may be repeatable yoy. The increase in profit 'under normal operating activities' will have been 163% instead of 199.3%. Still a respectable turnaround story. Strictly from accounting terms, the profit actually dropped from RMB102.643m to RMB99.465m. Since stock prices reflect the future rather than the past or even current, the many positive developments at the various plants with higher tariff rate will start revealing at Q1 '14 result.

 

Time to chiong.....

 

Press Release ? For Immediate Release

HanKore generates net profit of RMB99.5 million on a 50.4%

increase in revenue to RMB369.1 million for FY2013

-?

recurring water treatment incomeHigher revenue achieved on the back of higher construction revenue and

? - 199% increase in profit under normal operating activities

?-

through higher water treatment capacity and water discharge feesUpon completion of project phases, Group to boost recurring earnings

? -

sustainable water environmentTo tap on growth opportunities in the water sector in China?s bid to create a

mrwise      ( Date: 29-Aug-2013 22:19) Posted: Patience....anytime from now...

 

Release news liao

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C1806AB24A5A104B48257BD60041B2FD/$file/HanKore_Press_Release_FY2013_29_August_2013.pdf?openelement

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C1806AB24A5A104B48257BD60041B2FD/$file/HanKore_4Q_announcement_20130829_final.pdf?openelement

 

CMZ just released another year of record profit. Wonder how the market will react tomorrow if they still have trust in the figures. I'm sure there will be some rush to cover back tomorrow. If so, Hankore will probably ride the wave and if Hankore releases positive news, it may just spark a mini rally :)

cccx123      ( Date: 29-Aug-2013 22:06) Posted: Probably going to release immediately after the CMZ report.. Tactical move by management. Just hope it doesn't backfire. If CMZ can defend itself against the allegations satisfactorily, s-chips might see a rebound after such precipitous drops over the past two days..

 

Maybe they will take a bit longer this year as it is the first time they need to consolidate with the book of JIANGSU TONGYONG ENVIRONMENT ENGINEERING

 

Patience....anytime from now...

 

Must release by August right ?

cccx123      ( Date: 29-Aug-2013 22:06) Posted: Probably going to release immediately after the CMZ report.. Tactical move by management. Just hope it doesn't backfire. If CMZ can defend itself against the allegations satisfactorily, s-chips might see a rebound after such precipitous drops over the past two days..

 

Probably going to release immediately after the CMZ report.. Tactical move by management. Just hope it doesn't backfire. If CMZ can defend itself against the allegations satisfactorily, s-chips might see a rebound after such precipitous drops over the past two days..

 

Maybe...not a gd time to release such positive news?

sjZheng      ( Date: 29-Aug-2013 21:34) Posted: No news. Price won't go up :-(

 

No news. Price won't go up :-(