Saturday, June 10, 2017


China Jinjiang stock, Moya stock, Sanli stock
In a report released yesterday (9 Jun 2017), Hong Kong-based CLSA likes Singapore-listed China Jinjiang environment stock as it believes the company, a wastewater treatment operator can increase its treatment capacity rapidly from now to over 2020 by over 70% of its capacity to remain one of the top players in China. China JinJiang stock went north by 1.149% to close at $0.88 on 9 Jun 2017. China JinJiang stock is currently trading at 5.66% dividend yield at a Price-to-Book ratio of 1.147 and at a Price-to-Earnings ratio of 8.094. China JinJiang stock currently trades at around 10% lower than its 52-week high of $0.97.
That is a water-treatment stock centered on China, now we move over to Indonesia where Singapore-listed water treatment stock, Moya Holdings Asia has its operations and business in. After a stellar run of over 400% from its 52-week low of $0.031 to the $0.131 stock price just before Moya Asia stock halted its trading, I believe this stock which I have predicted its movement correctly is considering an acquisition target which will only accrue more bullishness for the stock.

On the same day when Moya Holdings Asia halted the trading of its share, Singapore water-treatment stock, Sanli Environment which has operations in Singapore only made a strong trading debut yesterday from its IPO price of $0.225, rising to an intra-day high of $0.40 before closing the trading day on 8 Jun 2017 at $0.375. Sanli stock went south on 9 Jun 2017 by 5.33% to close at $0.355. I think this is a healthy profit-taking correction and there should still be buyers for this stock.

There we have it, in a nutshell, water treatment stocks listed on SGX, covering China, Indonesia and Singapore specifically in an industry which is defensive and still has potential for growth. Join the emailing list to receive regular Financial and Singapore stocks newsletters too! Like" me on Singapore Stocks Investing Facebook page to receive all posts on your Facebook as well as read more articles. Follow me on Twitter too.

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