Epure International Ltd 伊普国际

SilentJealousy

Epure International Ltd. is widely recognised as one of China’s leading turnkey water and wastewater
treatment solutions providers. Backed by extensive R&D, technical expertise, and a proven track record of over 12 years, it has successfully completed many award-winning large-scale and complex projects in the PRC.

The Group develops proprietary water and wastewater treatment technologies and customizes them into effective turnkey solutions for industrial and municipal projects. Epure has a strong marketing network in the PRC, making the Group much sought after for its strong design and engineering project management capabilities.

In 2006, Epure diversified into the management of water treatment plants with a 20% stake in Shanghai Chenghuan Water Operation Co. The Group also intends to venture into capital investment, having taken a 15% stake in Anyang Mingbo Water Operations Co. It looks to other BOT and TOT projects for co-investment. Both investments were done through Epure’s wholly-owned Beijing Sound Environmental Engineering Co.

The Group seeks to expand into other aspects of the supply chain for better integration of the whole eco-protection process, having set its sights on becoming a fully integrated services provider in the waste & wastewater treatment industry.

Having a major shareholder in International Finance Corporation, the World Bank’s private sector arm promoting socially and environmentally sustainable private sector investments, is ample testimony to Epure’s capabilities.

Epure was listed on the Main Board of the Singapore Exchange on 6 October 2006. That year, the Group ranked among the 10 Most Influential Water Companies in China and China Water Industry Top 10 EPC Companies. Non-executive chairman Wen Yibo was second among the 10 Most Influential People in China’s Water Industry. He is also Chairman of the Chinese Environment Service Industry Association, the new consultative group on China’s policies on the water, wastewater, and solid waste treatment industry.

SilentJealousy

本人注意这支股很久了..  最高价位曾经到达2.56

现在是1.55..

这公司在中国发展污水处理的生意, 前景我认为很不错...
最近在propose share split, 一张变三张...
前几天也和AquaTech签了一份Memorandum of Understanding, Epure 100% 收购AquaTech, 也将带入更多的人才和生意...

大家可以讨论讨论, 一起注意这支好股.

jackphang

ROE如何？
有几年的历史？
老板是谁？
中国发展污水处理的生意《《哪里？
是否如hyflux？
不好意思，没什么研究新加坡股。。。
有时间会看看。
谢谢介绍

SilentJealousy

jackphang: Epure 的ROE是0.106，谢谢你的教导。

这公司的领导层是一群华人，至于他们的背景，还有待查询。

Epure share split 已经被批准了，2月27日会有一个EGM, 然后3月6日是book closure date。
之后就会1张变3张了。

这消息出了之后，股票连涨了两天。现在价位在1.62。

SilentJealousy

http://listedcompany.com/ir/epure/newsroom/Ann_4Q2007.pdf

Full year financial report.
请大家指点...
尤其是杰克~

太空飞人

DJ MARKET TALK: Citigroup Cuts Epure To Sell; S$1.85 Target


0045 GMT [Dow Jones] STOCK CALL: Citigroup downgrades Epure International (P75.SG) to Sell from Buy; cuts target price to S$1.85 from S$2.64. Broker says in note, FY07 results good but downgrade reflects slowing orderbook momentum, declining earnings growth; compound annual rate of earnings growth expected to slow to 25% in FY08-10 vs 36% in FY05-07. Adds company has limited room for further margin improvement, expects operating margin to fall to 28% by FY10, down from 31% in FY07. Shares closed down 1.5% at S$1.95 yesterday. (KIG)