China Everbright Water

[JW2015]

Anyone vested in this

 

[JW2015]

Anyone vested in this

The company, which debuted on the Singapore Exchange, is 78 per cent owned by Hong Kong-listed China Everbright International, which is linked to China's state-owned Everbright Group.

China Everbright International completed a $1.2 billion reverse takeover of Singapore-listed water treatment firm HanKore Environment Tech. The combined group owns 41 water treatment projects with a total capacity of 3.5 million tonnes of water a day.

 

[JW2015]

S chip just avoid

I see like China state own got chance.. But the TA is down trend..

 

[ccostagmont]

from $1+ drop until less than 50cents...

remember china stocks all no haf proper accounting.
u donch even know if their assets are there or not.

i tio conned by a few s-chips b4...
all end up minus more than 95%... lost $$$$...

better stay far far away from it...

 

[JW2015]

anyone know why it suddenly spike - up 11%? is it like cityneon - anything with china will go up?

 

[wahkao3]

this one can buy? buy liao can huat?

 

[JW2015]

this one can buy? buy liao can huat?

This one not as explosive as best world.. I can't comment. Just that it burst, turned on my radar.. Must ask winorlose or other gurus

 

[FreedomAngelz]

If it is Hyflux, I can still comment. China everbright depends heavily on their domestic market

 

[strangerjun]

if I were to buy s chip, I would buy CM pacific.

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...ht-waters-q3-profit-rises-more-than-one-third
China Everbright Water's Q3 profit rises more than one-third
Mon, Nov 13, 2017 - 6:22 PM Stephanie Luo stephluo@sph.com.sg

ENVIRONMENTAL protection company China Everbright Water Limited posted a 35 per cent increase in its third-quarter earnings, as a boost in gross profit from construction services lifted the bottom line.
For the three months ended Sept 30, 2017, net profit stood at HK$123 million (S$21.5 million). Gross profit rose by 33 per cent year on year to HK$297 million.
Earnings per share in Q3 2017 was 0.047 Hong Kong cent, up from 0.035 Hong Kong cent in Q3 2016.
The group recorded a revenue of HK$746 million for Q3 2017, an increase of 35 per cent compared with the corresponding period last year. This was due to the increase in construction revenue.
The increase in construction revenue was mainly attributed to the construction of the sponge city construction project in Zhenjiang City and the river basin ecological restoration project in Nanjing City, in addition to the expansion and upgrading of several waste water treatment projects that were under construction during the third quarter this year.
China Everbright Water closed 0.5 Singapore cent higher, or 1.1 per cent, to S$0.46 on Monday.
In Q3 2017, the company had six newly secured projects, garnering a total investment of more than 1.8 billion yuan (S$3.7 million). As at Sept 30, 2017, gearing ratio was approximately 52 per cent.
An Xuesong, executive director and CEO of Everbright Water, said: "Looking ahead, we will closely follow water environment management policies issued by governments at all levels, keep exploring new business areas, continuously improve core technological competitiveness, and strengthen our competitive advantages in operation and management."


Price link:http://www.shareinvestor.com/fundamental/factsheet.html?counter=U9E.SI

 

[bjornng]

i feel very puzzled..

how come positive results, but now it's trading @ 0.45 (opened @ 0.46).. thought like positive results will be good opening and rise.. how come people want to let go..?

hope someone can enlighten or share with me some pointers, i believe this would be a good case example for me to learn more about how the market works!

sadly, i was vested @ 0.49

 

[Jupiter2017]

http://www.businesstimes.com.sg/com...ontract-for-70m-yuan-project-in-chinas-dezhou
Everbright Water bags contract for 70m yuan project in China's Dezhou
MON, DEC 11, 2017 - 12:51 PM KENNETH LIM kenlim@sph.com.sg

CHINA Everbright Water has clinched a contract for a 70 million yuan (S$14.3 million) public-private partnership waste water pipeline project in the Chinese city of Dezhou.
Everbright Water, a water treatment specialist, said that the project is based on a build-operate-transfer model with a concession period of 22 years. When the concession period ends, the company will transfer the project to the local government together with another project of Everbright Water, the Ling County Waste Water Treatment Project Plant I. That second project was acquired on a transfer-operate-transfer basis in 2010 and upgraded by end-2013.
Construction work includes development of about 28 kilometres of waste water pipeline and two waste water lift pump stations, Everbright Water said.
"The new project secured by the company in the waste water treatment sector of Lingcheng District is a testament to the recognition from the local government and residents towards our technological capabilities, operational track record and Everbright's brand reputation," Everbright Water chief executive An Xuesong said in a statement.

Price link: http://www.shareinvestor.com/fundamental/factsheet.html?counter=U9E.SI

 

[sohguanh]

I got burned with China XXX stock and still bag-holding them to remind me of my silly mistake. Now this look to be another but they are doing waste water treatment business which is an on-going business correct? Anyone vested in this? Their market cap is 672.31 mil not really small but the word China in their stock name scared me a bit as in all China XXX stock no good in long run?

 

[waxqube]

I got burned with China XXX stock and still bag-holding them to remind me of my silly mistake. Now this look to be another but they are doing waste water treatment business which is an on-going business correct? Anyone vested in this? Their market cap is 672.31 mil not really small but the word China in their stock name scared me a bit as in all China XXX stock no good in long run?

I don't have this stock but have the parent company (Everbright Environment). The things to take note is 1. it is a SOE 2. it has poor free cash flow as the gestation period for their projects is long, so it is quite dependent on debt financing
It is true that China stocks have bad reputation here so it is up to you to take the risk or not