by Aspellian » Wed Aug 26, 2009 5:33 pm
Bananas - very healthy fruit
- Ho Bee - all the hype of property boom + Sentosa IR = double joy for Ho Bee. Results will be fabulous this year. price/vol very strong even when world indexes weak, fundamental rules! so obvious, so what will happen? let the musical chair game begin; just dun be the last to hold on to durian and without a chair! enjoy the game!
- Ezion - Big Aussie Project - Gorgon LNG - largest LNG project in Aussie-land (world?) - Chevron/BP/Shell project. recent news that Gorgon LNG going closer and closer to full authority approval. once that admin hurdle cleared, work will officially start. prob more contract extension to be announced? Also have lifting boats coming onsteam this year and next to lift the share price higher and reduce the historical PE of 70+
- Rotary Eng - breakthrough to international bigboys playground - US$600mm project. recent hype on saudi refinery projects - everyone get so excited... PEC (new IPO) also flying like nobody's biz. but still think rotary is leader of the pack. everywhere you see O&G articles - flavour of the month. oil price strong. good for all.
- Epure - crisis allows us to show which water stocks are pretenders and which are healthy kids - Epure stands out - and moving onto Saudi project (1st overseas project). Resistance at $0.60
- Ausgroup - Being linked to Gorgon LNG as well (just like Ezion) - potentially may hit jackpot. It has aussie fabrication plant, major nationalistic projects usually require local content - so Ausgroup has geographical adv. The past year share price weakened as certain project got cancelled and retendered, worst seems to to be over?
- Ezra - transforming. MW done great analysis. i did background check on its "fishy" deal with STP - could be family related but positive outcome - Ezra may move on to be an integrated O&G company if they buy over STP which found gas field recently... pure speculation.
- YZJiang - amazingly growing earnings vs cosco. CFO on massage-chair massaging accounts or CEO super-fit that runs marathons and managed to turn around company? shareprice action strong.
- Tat Hong - PE invested 10%. Venturing into China. share price weak lei... interest short-live.
- Yanlord - premium property developer in China. proxy to CHina indexes? Yanlord seems to gyrate with China markets. if China market breaks, Yanlord could thread down as well... but risk of shorting fundamentally strong stock.
Pineapple stocks
- Cosco - order cancellations, revenue dropping, margins dropping even more. mysterious hand holding cosco at $1.20... if market breaks, dun think cosco can defy gravity.
- Oceanus - expectations of high revenue and profits not materialising... accounting valuation gains.
Fermented eggs (turnaround play)
Jaya - recently got big issues with loan refinancing, restructuring costs, write-down/impairments of vessels etc, share price dropped jia luck. Management do an OSIM and write-off a big time. will want to see next 1-2Qs whether profits are back and impairments stop.
but will monitor to see whether the rotten egg can be fermented well, if so, then dun waste, still can eat with porridge. and when market dropped big time, jaya also drop, then when market turn, yum yum liao!
(vested in some)
PROMISE, PASSION, PEACE, POWER, PURPOSE, PLAN, PATIENCE, PERSEVERANCE, PROTECTION
DELIGHT, DISCIPLINE, DILIGENT, DETERMINATION, DESIRE
"Its not whether you're right or wrong thats important, but how much money you make when you're right and how much you lose when you're wrong." - Warren Buffet