Euro Tech Holdings is a profitable distributor of water treatment and other environmental equipment in Hong Kong and the People's Republic of China (PRC).
The following reasons make CLWT a compelling investment opportunity at this level:
1)CLWT recently aquired Yixi PACT Environmental Technology Co. Ltd. and PACT Asia Pacific Ltd. (collectively known as PACT). PACT has a wide spectrum of customers in China and across the world. Most notably, PACT is currently supplying compact water treatment units under the USAID PROGRAM FOR IRAQ.
2) CLWT has potential for large purchase orders for its compact water treatment systems and sewage treatment plants to assist in Tsunami relief efforts.
3)CLWT is a profitable 1.35 MM float stock with a 20 % annual growth rate. Low float profitable stocks have been soaring in the last year.
4) China exposure: The Chinese economy is the fastest growing largest economy in the world. China is enacting stricter environmental regulations to protect the environment, and CLWT will be a huge benafactor. The Chinese environmental sector could be the next hot China sector similar to the Internet sector: Many Chinese Internet stocks (SINA, NTES PACT) have risen well over 1000%.
5)Valuation: The average Price/Sales ratio of CLWT's sector is 2.45.
http://finance.yahoo.com/q/co?s=CLWT
If CLWT traded at the sector average Price/sales ratio it would be a $10 stock.
However, the China market gives CLWT much higher growth potential and market size than the "typical" company in the sector. CLWT revenues are growing at 20% per year. Consequently, an even higher Price/Sales ratio is warranted.
6) The 2002 CWLT annual report cites the following factors that will improve CLWT prospects going forward:
-Chinese Industrial Growth:
The Company believes that the continuing growth of industrial activity in particular, and overall business activity in general, in the PRC over the last five years has produced a strong and increasing demand for its products in the PRC.
-Stricter Chinese Environmental Regulations:
The Company further believes that in the near future the need and demand for the products it distributes will grow as a result of increased regulations governing the environment and industrial pollution output, projected growing demands of the PRC's population for clean water and a healthier and safer environment, and the potential for the contamination or depletion of existing clean fresh water sources.
The Company believes that by assembling the products it distributes, it may realize increased gross profit margins and greater revenues and net income than if it remained only a distributor of such products. Similarly, the Company believes that by expanding its regional sales efforts in the PRC, it may realize higher revenues and net income.
7)The 2008 Beijing olympics will be another factor propmting the chinese to clean up the environment.
8) earnings at the end of june, beginning july.
Any one having comments on those points? (they are not all mine)
China Says Water Pollution So Severe that Cities Could Lack Safe Supplies
June 07, 2005 — By Joe McDonald, Associated Press
BEIJING — China's booming economy is driving a rapid rise in water pollution so severe that densely crowded cities could be left without adequate supplies, a Cabinet minister said Tuesday.
"Limited water resources are threatened by pollution, and water safety in cities is facing severe challenges," said Qiu Baoxing, deputy minister of construction.
The unusually blunt warning came after a separate government report last week said Chinese cities are threatened by rising levels of acid rain from industrial pollution.
The reports emphasize the high environmental cost of China's surging economy in a dry, crowded country whose ecology already is strained by the demands of sustaining 1.3 billion inhabitants.
The government has tried in recent years to rein in environmental damage, imposing air- and water-quality standards and restricting logging. But such efforts have had only limited success.
More than 100 of China's 660 cities face "extreme water shortages," Qiu said at a news conference.
Intense demand by booming Chinese industries, farms and sprawling cities -- some of them with more than 10 million people -- has left many areas without adequate water supplies.
China supports 21 percent of the world's population with just 7 percent of its water supplies, Qiu said.
Conflicts over water supplies have led to violent clashes.
In April, scores of people were injured in the eastern province of Zhejiang when police clashed with villagers who occupied an industrial complex that they said ruined their crops by polluting water supplies.
The communist government has tried in recent years to rein in environmental damage, banning the clear-cutting of forests, imposing air-quality standards and forcing paper mills and other heavily polluting industries to close.
Premier Wen Jiabao promised in February to make guaranteeing adequate supplies of clean drinking water a priority in his annual report to China's legislature on government plans for the year.
"This is an urgent matter," Qiu said.
The minister called for local governments to step up enforcement of water quality standards, promote conservation and expand use of alternative sources such as rainwater and recycled sewage.
But he didn't say how Beijing would finance these steps, leaving it unclear how many would be carried out.
Water shortages have been a constant worry for China for centuries. Problems have only worsened in recent decades as the population swelled and largely unregulated factories dumped toxic pollutants into rivers and lakes.
Some 90 percent of China's cities and 75 percent of its lakes suffer from some degree of water pollution, Qiu said.
The government is building a US$60 billion (euro50 billion) network of canals meant to move vast amounts of water from China's wetter south to Beijing and other parts of the arid north.
The government says building the South-North Water Diversion could take 60 years.
China will face growing shortages until 2030, when its population is projected to reach 1.6 billion people, Qiu said.
"According to the U.N. definition, at that time we will belong to countries that lack water," he said.
Source: Associated Press
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Any thoughts about this are wellcome;
Hi fellow traders,
I already posted about CLWT on the 'story behind the move' MB. http://www.3stocksonfire.org/trading/index.php?topic=606.0
The stock price and volume is picking up last week. Looks to me as a narrow up going trading channel is forming. What do you guys think about this stock.
Earnings are expected in one of (max) two weeks and expected to be good.
Very hot topic (short on clean water) in a very hot market (china).
I'm in at 3$ since end of may.
Uau, excellent pick :o
Strange your post didn't got the Boards attention ... well, it got mine, it seems I'm going to help your profits grow, I really need to pay more attention to our boards, it really pays $$$.
Thanks, I'm going to do some more DD but I believe we got a winner here :D
Good story Fred.
I do have this on my watch list.
applaud...........
Looks as if CLWT is gona gap up this morning and take off.
It's at 5.32 AH.
So, nice pick! :)
I need some advice please. I've presently got a limit sell in for 4.70. If it is now up AH over $5 should I change my sell to a market sell and take my chances? Or leave well enough alone? What do you experienced folks advise me to do (of course I realize all final decisions are mine to live with).
TIA!!!
It's not really any of my business, but why sell? ???
CLWT went up yesterday, further up AH...so why are you willing to sell at 4.70?
If you have to sell something, why not wait and see how high it might go in the first crazy hour ;)
Good luck.
Cheers.
Quote from: cumulina on June 30, 2005, 08:19:16 AM
It's not really any of my business, but why sell? ???
CLWT went up yesterday, further up AH...so why are you willing to sell at 4.70?
If you have to sell something, why not wait and see how high it might go in the first crazy hour ;)
Good luck.
Cheers.
hehe! I made it your business when I asked for your help. I'm really reading & working hard trying to make all this come together in my old retirement age. I appreciate all of you-uns who offered your advice. I really appreciate this site and those who contribute. Keep up the good work 3SF
This seems to be heating up in the pre-market.
now + 47.81%
I'm debating with myself:
When should my fears overcome my greed?
Sell or wait?
Anybody else???
Thanks.
debating the same thing here. I waited for 2 weeks in the red for this payoff. Something tells me it could gap up nice on Monday as week end investors find this stock on their radar screens. Hard to call at this popint, it is way off its high, but I've seen these things take off big in the afternoon.
Good Luck all and all comments & opinions welcomed.
I guess that since I missed the top, I'll wait and see what happens.
Adding the link to yahoo from yesterdays news.
http://biz.yahoo.com/prnews/050714/lnth004.html?.v=11
Good luck to all of us staying in.
Cheers.
These are the initial screening list. Anyone catches your eye?
Active in the pre-market.
+61.29% or $2.28
End of the day chart yesterday
Hi
I think it is the effect of split...Unfortunately!!! :-\
Seeing some action in the pre-market in this one this morning.....
+19.74%......Volume @......116,390
Action on Clwt.......opinion? >:D
Three White Soldiers......i want strong volume and spike!!!
Earning out!!!
Euro Tech Holdings reports FY05 results (CLWT) 3.80 +0.00 : Co reports results
for the fiscal yr ended Dec 2005. Revenue fell 3.1% yr/yr to $31.3 mln. Net
income was $733,000, up 23% yoy. There are no estimates. Co says it's in the
process of shifting its emphasis from the distribution of instruments and
equipment to engineering and manufacturing activities. "We have been
experiencing a fall-off in revenues from our 'trading' activities as a
substantial number of our suppliers have been selling their products into China
directly and through other distributors besides Euro Tech....As China's
desulphurization regulations become more stringent, especially for power plants
in China that are viewed as major air polluters, Euro Tech is planning to
further diversifying its business into air pollution control."
Good earning!!
>:D
"Additionally, Euro Tech and its majority-owned subsidiaries are in active discussions to establish two separate joint ventures with a U.S. instrument manufacturer and a Chinese water and waste water treatment equipment manufacturer, to manufacture their respective products."
Mr. Leung also commented that, "In the 2nd half of 2006, we plan to be more active in seeking joint ventures, acquisitions and making investments. We also plan to increase and enhance our contacts with the investment community. Equipped with new ventures and diversified activities in the coming months, Euro Tech is gradually changing its image from a trading company to a fully integrated environmental protection company that can tackle water, waste water and air pollution in China. We believe this changeover process will take time but will have substantial benefits in the long run."
CONDENSED STATEMENTS OF OPERATIONS
(Dollar amounts in US$ thousands, except share and per share data)
As of December 31,
2005 2004 % Change
Revenue $ 31,250 $ 32,282 - 3%
Net income 1,051 594 +77%
Less: Minority interest (318) -
Net Income attributable to the
shareholders of the company 733 594 +23%
Net Income Per Share - Basic 0.11 0.09
Weighted Average Number of
Ordinary Shares
Outstanding - Basic 6,598,201 6,434,667
SELECTED BALANCE SHEET DATA
Year Ended December 31,
2005 2004 % Change
Cash and Cash Equivalents $ 5,362 $ 5,242 + 2%
Total Current Assets 14,550 13,319 + 9%
Total Assets 17,377 15,699 +11%
Total Current Liabilities 7,619 7,862 - 3%
Total Liabilities 7,623 7,862 - 3%
Total Shareholders' Equity 8,892 7,837 +13%
Clwt will be 6$-8$ ;D
Seems like some action today.... ::)
Nice chart! ;)
"CLWT" Threads have been Merged.
Please use the search before starting new threads on a Stock Pick.
Chances are a thread already exist.
So why not post whatever you have to comment about on that pick to that thread.
"Simplicity" My fellow traders. ;D
All history on a stock pick in 1 thread is awesome. ;)
Thank You....and good luck with all your trades....make some $$$ 8)
CLWT is Up 13% @ the moment :D ;D :D ;D
The Golden Cross !
China has water problems.......
News about it,, makes me want to go Long.
Do your own DD and I think you will agree with me.
Low float, less than 2.5 million shares floating, revenues growing year over year.
Float (mil) 2.50 Shares Outstanding (mil) 8.20
52wk Range: 1.68 - 4.75
Volume: 2,024,547
Avg Vol (3m): 352,663
Technicals
Record Price High
Record Price Break Out
Percentage Gainer
Last Price Quote is:
34.49%above 13-day MA
61.44%above 50-day MA
RS Rating: 99
Fundamentals
Key Data:
Market Cap (M): $14.76
P/E Ratio: 63.50
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
what do you think about tomorrow performance of clwt??
Another white candle?? ???
thank's!
I just jumped in CLWT.................Nice pick Terliso. Applause!
This is another momentum play (T3ML) so hopefully the chart will look like MAMA mia. Look out short term babY!
CLWT
Quote from: thai626 on December 19, 2006, 10:34:52 AM
I just jumped in CLWT.................Nice pick Terliso. Applause!
This is another momentum play (T3ML) so hopefully the chart will look like MAMA mia. Look out short term babY!
Buckle up Thai626 we're heading to six bucks ;)
Is CLWT set for a bounce off its ascending trendline?
CLWT alert!! Looking good lately. Too bad I got in too early when it was in the 4's :'( No complaints here though!
Pre Market Mover.......
EURO TECH HLDG CO (NasdaqCM:CLWT)
Pre-Market: $2.80 +0.37 or (+15.23%) as of 8:14AM ET on 08/13/07
Press Release Source: Euro Tech Holdings Company Limited
Euro Tech Holdings Company Limited Reports Contracts Awarded to Blue Sky
Monday August 13, 5:30 am ET
HONG KONG, Aug. 13 /Xinhua-PRNewswire-FirstCall/ -- Euro Tech Holdings Company Limited (Nasdaq: CLWT - News) today announced that its associated company, Zhejiang Tianlan Desulfurization and Dust-Removal Co. Ltd. in Zhejiang, China ("Blue Sky") has recently been awarded four contracts totally US$ 7.3 million by various companies in China for the months of July and August 2007. The contracts cover design, manufacture, supply, and commissioning of desulfurization equipment for various applications.
The four contracts are for eleven desulfurization equipment for boilers ranging from 65 tons/hour to 220 tons/hour of steam for applications in textile, paper, fertilizer, and cogeneration (heat and power) plants in Shandong, Wuhan, and Shanxi.
Blue Sky, found in 2000, is a fast growing company which provides a comprehensive service for design, general contract, equipment manufacturing, installation, testing and operation management of the treatment of waste gases emitted from various boilers and industrial furnaces of power plants, steel works and chemical plants.
T C Leung, Chairman and CEO of the Company, commented. "As the world's largest burner of coal, China has to spend tremendous efforts to achieve the nation's sulfur dioxide reduction target. This creates a huge market potential for flue gas desulfurization (FGD) equipment. As an associated company, Blue sky will be a profit contributor for our company, it will help us boost profit but not the revenues for the 2nd half of 2007 and for coming years. It will also help us make inroads into the air pollution control market in China."
Certain statements in this news release regarding the Company's expectations, estimates, present view of circumstances or events, and statements containing words such as estimates, anticipates, intends, or expects, or words of similar import, constitute forward looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements indicate uncertainty and the Company can give no assurance with regard to actual outcomes. Specific risk factors may include, without limitation, having the Company's offices and operations situated in Hong Kong and China, doing business in China, competing with Chinese manufactured products, competing with the Company's own suppliers, dependence on vendors, and lack of long term written agreements with suppliers and customers, development of new products, entering new markets, possible downturns in business conditions, increased competition, loss of significant customers, availability of qualified personnel, negotiating definitive agreements, new marketing efforts and the timely development of resources. See the "Risk Factor" discussions in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 20-F for its fiscal year ended December 31, 2006.
CONTACT:
Euro Tech Holdings Company Limited, Hong Kong
T.C. Leung, Chairman and CEO, or Jerry Wong, CFO
Tel: +852-2814-0311
Fax: +852-2873-4887
Website: http://www.euro-tech.com
Blue Sky's Website: http://www.tianlan.com.cn
--------------------------------------------------------------------------------
Source: Euro Tech Holdings Company Limited
Chart looks ripe... Looks to be ,
Heads and Shoulders Bottom (reversal) Pattern...
Back above the 13...50...and the 200-day MA's
A little more upside volume, Please ! ;)
52wk Range: 1.81 - 5.74
Volume: 764,397
Avg Vol (3m): 79,134.5
Technicals
Percentage Gainer
Last Price Quote is:
19.80%above 13-day MA
28.39%above 50-day MA
RS Rating: 95
Fundamentals
Key Data:
Market Cap (M): $31.24
P/E Ratio: 63.50
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Where is everyone ???
All the ducks are in line for this one to pop... :D
Just good feelings about this company and its stock...chart ain't bad either ;D
Low float, revenues growing year over year.
This stock is way undervalue it is being accumulated right now by big market makers. ;)
52wk Range: 1.81 - 5.74
Volume: 1,582,710
Avg Vol (3m): 127,664
Technicals
Percentage Gainer
Last Price Quote is:
28.69%above 13-day MA
46.61%above 50-day MA
RS Rating: 98
Fundamentals
Key Data:
Market Cap (M): $39.27
P/E Ratio: 63.50
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A