HanKore Env   

HANKOREcontinuation wedge(bullish)target 6-7c soon

It is now in many investors' radars .. .it is as a matter of time ....

spathway      ( Date: 22-Aug-2013 11:14) Posted: Thanks for sharing. Share7      ( Date: 22-Aug-2013 11:07) Posted:         First OCBC, now UOB but not rated. Exciting days are here...be patient. CE.  Hankore Environment Tech Group (BIOT SP) NOT RATED Share Price S$0.052 Target Price n.a. Upside n.a. Company Description Hankore Environment Tech?s core business is in the treatment of wastewater and sludge. As at 31 Mar 13, the group had a total contracted capacity of 1.57m tons/day for 11 water treatment projects with an average concession period of 25-30 years. GICS sector Utilities Bloomberg ticker: BIOT SP Shares issued (m): 4,821.7 Market cap (S$m): 250.7 Market cap (US$m): 196.1 3-mth avg t'over (US$m): 2.8 A New Era Investment Highlights  New management, new beginning. With the appointment of a new management team in May 11, Hankore underwent a major restructuring and rebounded from a loss of Rmb407m in FY11 to a profit of Rmb103m in FY12. The group was also awarded one of China?s top ten new pioneer enterprises in the water industry for 2011 and one of the top ten fastest growing water companies in 2012. Hankore?s executive chairman, Mr Chen Dawei, is the largest shareholder with a 16.5% stake at a cost of S$0.04/share.  Simple business model with a recurring income base. Hankore?s principal business is in the operation of waste water treatment plants in China. In FY12, Hankore derived 70% of its revenue and 94% of its profit through water tariffs from waste water treatment plants. With a minimum water tariff guarantee and supply undertake by the local governments, Hankore enjoys a stable recurring income from its water treatment plants.  Growing recurring income. As at 31 Mar 13, Hankore had invested in 11 water treatment plants with a total capacity of up to 1.57m tons/day when fully completed. With the S$14.7m proceeds from the share placement to Mr Wang and S$50m from the recent issuance of fixed-rate notes, we believe Hankore is looking to acquire more water plants to grow its bottom line. It reported a 70% jump in net profit for 9MFY13. Our View  With the new management, Hankore enjoyed an earnings turnaround and was identified as one of China?s fastest growing water companies. However, marred by its controversial past, valuation has remained depressed at 13.1x PE vs its peers? average of 24.5x. We believe the management?s major stake in the company is a show of confidence in Hankore. Mr Chen?s cost of investment at S$0.04/share will likely serve as a price support for the stock.

 

Thanks for sharing.

Share7      ( Date: 22-Aug-2013 11:07) Posted:         First OCBC, now UOB but not rated. Exciting days are here...be patient. CE.  Hankore Environment Tech Group (BIOT SP) NOT RATED Share Price S$0.052 Target Price n.a. Upside n.a. Company Description Hankore Environment Tech?s core business is in the treatment of wastewater and sludge. As at 31 Mar 13, the group had a total contracted capacity of 1.57m tons/day for 11 water treatment projects with an average concession period of 25-30 years. GICS sector Utilities Bloomberg ticker: BIOT SP Shares issued (m): 4,821.7 Market cap (S$m): 250.7 Market cap (US$m): 196.1 3-mth avg t'over (US$m): 2.8 A New Era Investment Highlights  New management, new beginning. With the appointment of a new management team in May 11, Hankore underwent a major restructuring and rebounded from a loss of Rmb407m in FY11 to a profit of Rmb103m in FY12. The group was also awarded one of China?s top ten new pioneer enterprises in the water industry for 2011 and one of the top ten fastest growing water companies in 2012. Hankore?s executive chairman, Mr Chen Dawei, is the largest shareholder with a 16.5% stake at a cost of S$0.04/share.  Simple business model with a recurring income base. Hankore?s principal business is in the operation of waste water treatment plants in China. In FY12, Hankore derived 70% of its revenue and 94% of its profit through water tariffs from waste water treatment plants. With a minimum water tariff guarantee and supply undertake by the local governments, Hankore enjoys a stable recurring income from its water treatment plants.  Growing recurring income. As at 31 Mar 13, Hankore had invested in 11 water treatment plants with a total capacity of up to 1.57m tons/day when fully completed. With the S$14.7m proceeds from the share placement to Mr Wang and S$50m from the recent issuance of fixed-rate notes, we believe Hankore is looking to acquire more water plants to grow its bottom line. It reported a 70% jump in net profit for 9MFY13. Our View  With the new management, Hankore enjoyed an earnings turnaround and was identified as one of China?s fastest growing water companies. However, marred by its controversial past, valuation has remained depressed at 13.1x PE vs its peers? average of 24.5x. We believe the management?s major stake in the company is a show of confidence in Hankore. Mr Chen?s cost of investment at S$0.04/share will likely serve as a price support for the stock.

 

 

 

 

 

First OCBC, now UOB but not rated. Exciting days are here...be patient. CE. 

 

wah bro...u buy things also must go for 3 quotes...if not audit will fail. Chk shortsell is just 1 quote... )

cccx123      ( Date: 21-Aug-2013 14:57) Posted: Lol you still believe that data? The operator/s is probably shorting the stock with an empty account while another account has all the scripts. When price goes down, they will cover intraday. If it doesn't, simply transfer the scripts.. Technically, it is still considered shorting within SGX regulations.. These are probably brokerage houses playing here. Hedge or mutual funds won't have the guts to show hand like that with clients money. Brokerage houses on the other hand, possess all the requisite capabilities and freedom to conduct them with near unlimited financial firepower. Why do you think after all those massive shorts the price has yet to collapse back to 3.9 cents.. wendel      ( Date: 20-Aug-2013 22:21) Posted: Standing tall among 110 over mils shorts!! How about hitting 109 with the Financial Result release? BB shortist turns LONG as it's all about $$$ and pride doesn't matters!!!

 

Lol you still believe that data? The operator/s is probably shorting the stock with an empty account while another account has all the scripts. When price goes down, they will cover intraday. If it doesn't, simply transfer the scripts.. Technically, it is still considered shorting within SGX regulations.. These are probably brokerage houses playing here. Hedge or mutual funds won't have the guts to show hand like that with clients money. Brokerage houses on the other hand, possess all the requisite capabilities and freedom to conduct them with near unlimited financial firepower. Why do you think after all those massive shorts the price has yet to collapse back to 3.9 cents..

wendel      ( Date: 20-Aug-2013 22:21) Posted: Standing tall among 110 over mils shorts!! How about hitting 109 with the Financial Result release? BB shortist turns LONG as it's all about $$$ and pride doesn't matters!!!

 

We should be pleased that HK is making the top actives more often than not nowadays. Recall what happened or rather, didn't happen at all a couple of months ago and you'll find the present situation much more palatable. If you want to trade this stock, a word of advice is to buy the day before the push, not on the day itself. Don't let euphoria catch you..it won't last on this counter.

Albedo is undergoing or about to undergo some unique land acquisition RTO that somehow made ppl value its stock far in excess of what it has been trading. That stock did not gap up, so someone is probably playing on news. Please do your homework..

 

Hi Hankore please look at albedo,can you learn?stupid

 

Must see beyond 54 as she had entered the same time as me...haha.

leeeta      ( Date: 20-Aug-2013 17:01) Posted: hallelujah praise the lord...0.054 cannot see today...tomorrow.?

 

Standing tall among 110 over mils shorts!!

How about hitting 109 with the Financial Result release? BB shortist turns LONG as it's all about $$$ and pride doesn't matters!!! 

 

Yes, I am waiting too for 4Q with deep anticipation. 

leeeta      ( Date: 20-Aug-2013 17:16) Posted: hhahaha so much volume to move up 0.001ct ...hahaha bravo. :) but not bad la considering mkt lausai. Will see got action or not tomorrow. And who the blardy hell is shorting this stock? Dunno why these buggers love to short HK so much. Hallelujah go and pray to convert these buggers to longist and not shortists,, can? ahahaha   now a days i just laugh at the price action..up or down with low or big volumn.. i know BBs are catching traders and weak holders. HK is on the uptrend..FA is getting stronger and stronger..TA should follow..so for   me i am waiting for HK to show and deliver results quarter after quarter. There will be a time where it will just shoot like rocket and go ballistic..and then the rest will chase..it will be historic then.      Share7      ( Date: 20-Aug-2013 17:05) Posted: Well done...4th try, finally 5.3c win!!!

 

if tomolo mkt recover, most likely will  go up higher tis time as highly shorted tdy....

leeeta      ( Date: 20-Aug-2013 17:16) Posted: hhahaha so much volume to move up 0.001ct ...hahaha bravo. :) but not bad la considering mkt lausai. Will see got action or not tomorrow. And who the blardy hell is shorting this stock? Dunno why these buggers love to short HK so much. Hallelujah go and pray to convert these buggers to longist and not shortists,, can? ahahaha   now a days i just laugh at the price action..up or down with low or big volumn.. i know BBs are catching traders and weak holders. HK is on the uptrend..FA is getting stronger and stronger..TA should follow..so for   me i am waiting for HK to show and deliver results quarter after quarter. There will be a time where it will just shoot like rocket and go ballistic..and then the rest will chase..it will be historic then.      Share7      ( Date: 20-Aug-2013 17:05) Posted: Well done...4th try, finally 5.3c win!!!

 

hhahaha so much volume to move up 0.001ct ...hahaha bravo. :) but not bad la considering mkt lausai. Will see got action or not tomorrow. And who the blardy hell is shorting this stock? Dunno why these buggers love to short HK so much. Hallelujah go and pray to convert these buggers to longist and not shortists,, can? ahahaha

  now a days i just laugh at the price action..up or down with low or big volumn.. i know BBs are catching traders and weak holders. HK is on the uptrend..FA is getting stronger and stronger..TA should follow..so for   me i am waiting for HK to show and deliver results quarter after quarter. There will be a time where it will just shoot like rocket and go ballistic..and then the rest will chase..it will be historic then. 

 

 

Share7      ( Date: 20-Aug-2013 17:05) Posted: Well done...4th try, finally 5.3c win!!!

 

Well done...4th try, finally 5.3c win!!!

 

No chance 54 today leh.. still holding the same..

halleluyah      ( Date: 20-Aug-2013 16:28) Posted: think can close 0.54....come side betting....

 

 

 

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hallelujah praise the lord...0.054 cannot see today...tomorrow.?

 

think can close 0.54....come side betting....

 

Hahaha, absolutely agree!!!

cccx123      ( Date: 20-Aug-2013 14:47) Posted: Sure don't mind a 3-5% gain every week.. :)

 

Sure don't mind a 3-5% gain every week.. :)

 

Agree, HK is doing alright as STI not lausai over 1.5%. Last week also try to cheong up 5.3c, last trade back to 5.2c. Monday same action. Despite all the action today, not surprising if last trade back to 5.2c. But must salute CK for trying hard.  

leeeta      ( Date: 20-Aug-2013 14:20) Posted: regional and global market will lausai.. DOW give signal liao - hangman confirmed, 100MA(15107) broken..see whether DOW will test 200MA (14347) or not. If HK can go green green its very good liao. When DOW and Regional Mkt cheong back...then HK sure the cheong one la. Think HK sustaining well today and hopefully this week due to its upcoming report.