Infrastructure Sector

Infrastructure Sector

Postby winston » Sat Oct 04, 2008 7:40 am

Not vested.

The iShares S&P Global Infrastructure Index Fund (NYSE: IGF), seeks to replicate the price and yield performance of the S&P Global Infrastructure Index.

As of the beginning of October, the fund held 86 companies, with 19% of its investments in energy, 39% in utilities and 38% in industrials.

IGF has only been in existence since December 2007, but it represents a global, all-inclusive approach to infrastructure investing. Despite our domestic woes, many other areas of the world are spending big on infrastructure.

About 75% of the fund's investments are in companies outside the United States. You can learn more about IGF here.

The top three holdings include:

1) E.ON AG, one of the world's leading energy companies with a presence in both the U.S. and Europe.

2) Transcanada, one of North America's largest natural gas storage and transmission companies, with over 36,500 miles of pipelines.

3) Abertis, a Spanish company that operates toll roads, telecommunications systems, airports and parking garages around the world.
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Infrastructure Sector

Postby winston » Tue Jun 26, 2012 2:08 pm

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DJ MARKET TALK: Zoomlion, CSR Among Citi's Infrastructure Picks

1347 [Dow Jones] Citigroup says that with further loosening from more interest rate and RRR cuts in China, the investment driven subsectors are likely to continue to benefit.

It expects the central government will continue to support infrastructure investments to prevent a sharp decline in the economy; in addition, it views more loosening on property "within the government's comfort zone" is likely to benefit machinery makers.

The house prefers construction and railway equipment, toll-road operators, and big players within construction machinery, and its top picks are Zoomlion (1157.HK), CSR Corp. (1766.HK) and Shenzhen Expressway (0548.HK).

Zoomlion is down 0.4% at HK$9.94 while CSR is a tad higher at HK$5.68.

Source: Dow Jones Newswire
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Re: Infrastructure Sector

Postby winston » Wed Jul 11, 2012 2:46 pm

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DJ MARKET TALK: China Construction Machinery Cos Up;Investment Hopes

0625 GMT [Dow Jones] China construction machinery manufacturers are outperforming the broader market, following Premier Wen Jiabao's comments late Tuesday on boosting investment that could translate to higher demand for construction equipment.

Chinese heavy equipment manufacturer Sany Heavy Industry Co. (600031.SH) is up 2.1% at CNY13.00, XCMG Construction Machinery Co. (000425.SZ) is up 1.4% at CNY13.28, and Zoomlion Heavy Industry Science & Technology Development Co. (000157.SZ) is up 3.0% at CNY9.99.

The Shanghai Composite Index is up 0.2% at 2168.73. Premier Wen said the government's primary task is to promote investment, and investors expect that Beijing will turn to giant state-owned companies that hold monopolies in energy, construction, steel and banking. It recently approved construction of two new steel plants despite a world-wide steel glut.

Source: Dow Jones Newswire
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Re: Infrastructure Sector

Postby winston » Fri Jul 13, 2012 11:33 am

DJ MARKET TALK: Barclays Stays Negative On China Machinery Sector

1113 [Dow Jones] Chinese machinery makers, which are closely tied to industrial activities, are lower after data show the country's industrial activity remained weak in June.

Barclays says it stays negative on China's machinery sector and expects 3Q to be the bottom for sector fundamentals.

"Sector performance will be hurt in the next two months by consensus forecast cuts and worrying 1H earnings results. Market concern about the rising default rates of machine buyers will also dampen share price movements, until the market sees the worst of the numbers in 3Q."

It adds sales volume is expected to increase in 4Q on seasonally better demand while more demand for new machines is expected in 2013 on the back of increasing new construction projects in the infrastructure and property sectors, and recovering infrastructure FAI growth.

Baoding Heavy Industry (002552.SZ) is down 2.5% at CNY9.91, Citic Heavy Industries (601608.SH) falls 1.6% to CNY4.40, and Suzhou Hailu Heavy Industry (002255.SZ) drops 1.5% to CNY13.79.

Source: Dow Jones Newswire
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Re: Infrastructure Sector

Postby winston » Mon Sep 10, 2012 9:12 am

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LONKING, ZOOMLION up 8%, 16% as NDRC approves another 30 highway, municipal projects

LONKING (03339.HK) rebounded sharply today from the low of three and a half years as benefited from the national policy. It was last $1.17, up 16%, on volume soaring to 90.92 million shares.

On the other hand, ZOOMLION (01157.HK) advanced 8% to $8.5, reclaiming 10MA, on volume of 23.4 million shares.

National Development and Reform Commission, after granting 25 town planning track projects, approved another 30 highway and municipal projects yesterday, involving total investment of over RMB1 trillion.


Source; AAStocks Financial News
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Re: Infrastructure Sector

Postby winston » Tue Jan 29, 2013 10:30 am

Singapore Infrastructure

The need to bring public infrastructure up to speed not just to catch up with Singapore’s population increase in recent years but also to prepare ahead for future population growth benefits the construction sector.

It could be a case of “build more & build faster” going forward.

We prefer construction companies that are more exposed to building materials and public sector projects while for contractors, we look at only those that can better control their cost.

Our current coverage are Tat Hong, Sin Heng, Tiong Seng & Pan United. Other construction companies are UE E&C, Engro Corp & Lian Beng.

Source: DBS
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Re: Infrastructure Sector

Postby winston » Thu Feb 07, 2013 6:34 am

China Infrastructure

Look out for the meeting of mainland lawmakers in March.

The event is likely to bode well for infrastructure stocks, as that is usually when large projects win approval.

Recently, China's Ministry of Finance said it would put up 120 billion yuan (HK$149.3 billion) to support road and pier projects.

Major infrastructure plays on the local bourse include China Communications Construction (1800), China Railway Construction Corp (1186) and China Railway (0390).

All three have had about a 10 percent correction from last month, making them ripe for purchase.

Source: Dr Check, The Standard HK
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Re: Infrastructure Sector

Postby winston » Thu Feb 07, 2013 8:20 am

Urbanization in CN favors infrastructure, cement sectors - TANRICH (00812.HK)'s Jackson Wong

Jackson Wong, deputy president of TANRICH (00812.HK), is bullish upon both cement and infrastructure sectors as China's development will focus on urbanization, agriculturalization, informationalization and modern industrialization.

However, he advised investors to buy such stocks only when the prices fall to 20 MA.

On the other hand, Wong is also upbeat about the performance of second and third-tier Mainland developers.


Source: AAStocks Financial News
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Malaysia

Postby sschong92 » Mon May 25, 2015 4:28 pm

Malaysia:-

Construction counters trended lower despite the higher development expenditure of RM260 billion announced in the 11th Malaysia Plan as opposed to RM230 billion in the 10MP


Source: The Edge

https://www.facebook.com/theedgemarkets ... =2&theater
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Re: Infrastructure Sector

Postby winston » Wed Mar 09, 2016 7:40 pm

The Next Wave of Stimulus Brings Us This Multitrillion-Dollar Opportunity

By PETER KRAUTH

The iShares S&P Global Infrastructure Index ETF (Nasdaq: IGF) has $900 million in assets and trades about 300,000 shares daily.

Making up 43% of holdings, IGF’s largest component is utilities which, in the currently challenging environment for stocks, has been a great place to seek shelter.

Since the start of 2016, the S&P 500 is off 6%, while utilities are up about 7%, making for a 13% outperformance so far.

Next is transportation at 41%, rounded out by energy at 16%. The exchange-traded fund (ETF) is geographically invested at 35% in the United States, 9.5% in Australia, 9% in Spain, 7.4% in Canada, 7% in Italy, 6.5% in the UK, 6% in France, 4.5% in China, and 3.4% in Japan, with the balance sprinkled across a few more emerging and developed countries.


Source: Money Morning

http://moneymorning.com/2016/03/08/the- ... portunity/
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