Stock : Anaergia Inc. (ANRG-T)Event: Anaergia has signed a contract to supply equipment to a project in Singapore.Impact: POSITIVEDetails: Anaergia was awarded a contract by Singapore's National Environmental Agency to supply equipment to the Tuas Nexus Integrated Waste Management Facility project. This facility will process 400 ton of mixed waste per day and co-digest the slurry with water sludge derived from the Tuas Water Reclamation Plant in order to produce biogas. This award, along with its recent project award in Japan announced on July 18, 2022Believe Anaergia has the most commercial-ready business model in the Clean Technology sectorCurrent Price CAD 9.44Barclays TP CAD19.00TD Sec TP CAD 30.00
Asian Development Bank cut China GDP forecast to 4% for 2022 but keep 4.8% for 2023.China COVID cases cross 1,000 mark, first high in 2 months, stirring more restriction risk.🇹🇼 Taiwan tensions stirred as China Envoy says US is blurring “One China” policy on Taiwan. Reuter report that China warns of forceful measures if US House Speaker visits Taiwan. US Commerce warns on recession risk of chips from Taiwan cut off. Draghi May resign and trigger early elections in ItalyIMF cut Germany GDP forecast to 1.2% for 2022 and 0.8% for 2023 (both from previous 2.0%)
ANTA Sports (2020 HK)Sector : Consumer ProductsSpecialty: Sports Apparel StoresToday the stock break the 9th Junehigh at 95.55, after China announced more Physical Education times to be added in schools. The company has 3 years of revenue, net income and dividend growth. Current is about HK$95.15. The momentum looks good to test 110 targetFor your review
Ali Health 241 HKSector : Healthcare - Food & Drug storesSpecialty: integrated healthcare information & content service providerToday the stock break the upside resistanceat 5.46 set in Apr 4 high. Good trading Volume also compliment the momentum. Talk of Beishui Capital increasing stalk in Ali Health.In the past 90 days, 3 investment banks have given a buy rating. May have momentum to test 5.85-6.00 target.
With the inflation risk spreading, i have made the following changes over the past 6 months :A. consolidate all spending to one credit card that has the most perks, easier to keep tap and reduce unnecessary spending, making sure I pay up in full every monthB. sold away my Ferrari and keep monthly cost downC. No leveraging in my investmentD. switching out of US growth to more high Dividend REIT in Singapore and some quality Chinese stocks like Xinte, Alibaba, SenseTime E. Maintain good cashflow
SenseTime 20 HKSector : Tech - Application SoftwareSpecialty : Artificial intelligence productsThe stocks is stirred by news of Goldman backing up Chinese Biotech MegaRobo Tech to raise about $300 mio funding amid global tech sector rout. MegaRobo applies roboticsand AI towards life science research, deepen forays into fields from stem cell therapy togenetics to traditional Chinese medicine. The investment highlight how innovative technology can still attract capital. Revenue4.70 bio(2021), 6.23 bio (2022)Gross Margin70.57 (2020), 69.73 (2021) 69.52 (2022)Sudden increase of volume trend could be positive for trading towards $6.75/85 target (10% upside)
Xinte Energy 1799 HKSector : Renewable EnergyIndustry : SolarPolysilicon prices continued to rise with the highest average price of CNY 268,500 per ton, up +0.41% over last week - reported by Silicon Branch of China Nonferrous Metals Industry Association. This is 3rd consecutive week of higher transacted prices. Remains bullish on stocks towards HK$25.31Reason: Strong Financials Good earnings Good Technical Reduce US tariff targetThis week traded low is HK$21.30.
Xinte Energy 1799 HKSector: TechnologyIndustry: SolarThis clean energy company engages in the provision of solar energy and wind power solutions. The company performance has been strong as follows Net Sales 8.72b (2019), 13.51b (2020) 22.52b(2021) forecast 30.61b(2022)Net profit 402.64mio (2019), 695.37mio(2020), 4.96b(2021), 9.29b(2022)Dividend per share 0.06(2019), 0.10(2020), 1.10(2021), 1.75(2022)With the news of US reducing tariff aims at Chinese Solar companies, I believe this company share prices has lots of room to run upwards especially with Chinese government support for clean energy. My personal PT is HKD 25.31. Kindly review 🙏🏻