I am currently heavily vested on SGX listed Bio-treat (SIN:B22), which involved in water treatment, using BMS Biological Process Technology.
I observe the chart of Biotreat is on a uptrend and is looking strong. The prospect of water tarrif from the soon-to-be completed 15 BOTs means:
- cessation of fund channel to the construction of the BOT
- increase in profit : from the company report, the water treatment from 15 BOTs potentially can generate 300RMB per year or 7 cents per share based on the latest shares in the market.
- bond holders will be more willing to continue the loan
- with improved liquidity, they have more capital to bid for projects and help in generating more profit.
World Trade Expo is going to be held in China in 2010. Another mega event that should spur more spending. As such, from now till 2010, China domestic spending will continue to improve.
Water Tarrif in Beijing is also on the uptrend.
Will continue to buy on dip if it ever happens. The share appears to be on uptrend, slowly and surely. Everyday seems to go up by 0.5 cent.