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Posts Tagged ‘Blue’

Blue chips on OTC market remain good investments

In Uncategorized on December 16, 2010 at 10:08 am

Despite most of shares on the official stock markets slumping, some on the over-the-counter market, known as OTC, remain bullish thanks to their healthy earning rate, brokers said.

Some blue chips with good earning reports remain at high prices on the OTC market, while most of shares on the official markets decline (Photo:Minh Tri)

Among winners on the OTC market are unlisted companies in retail sector, with a limited amount of issued shares.

The pillow maker Everpia Vietnam (EVE), known as Everon, made a high net profit of VND90 billion (US$4.5 million) from a revenue of VND490 billion in the first 11 months of the year. The profit is equal to 92.8 percent of 2010’s target.

Analysts expect the firm’s profit will likely to be more than VND100 billion ($5 million) thanks to a strong demand for cushions, blankets and pillows at yearend.

The Hanoi-based company will list more than 15 million shares at the starting price of VND55,000 per share on the Ho Chi Minh Stock Exchange on December 17th, according to a report on the bourse’s website.

Everon, which Korean investors hold more than 49 percent stake, is one of the biggest pillow maker in Vietnam with more than 25 percent market shares. The firm’s share price closed at VND43,330 on the OTC market with this year’s price-on-earnings ratio of 8x.

Another blue chip on the OTC market is the alcohol producer Halico, which earned around an after-tax profit of VND100 billion last year.

The Hanoi-based firm announced it would pay this year’s dividend rate of 94.33 percent, of which shareholders will get 10 percent in cash and the remainders in shares.

Halico made a net profit of VND87.45 billion ($4.4 million) from a revenue of VND594 billion in three quarters of the year. The liquor maker’s share price is VND81,430 with an earnings-per-share rate of VND4,372 for one share.

The firm’s listing plan on the Ho Chi Minh Stock Exchange this year was changed to next year as the stock market is gloomy.

The biggest fish source supplier Massan Food is exchanging hands at a high price of VND90,000 with low trading volume, brokers said.

The Noi Bai Cargo Terminal Service JSC (NCTS) remained unchanged at VND50,000 per share for many days as the firm announced it would raise the dividend rate this year to 100 percent from 75 percent.

The Hanoi-based company also raised its projected pretax profit by 37 percent to VND133.3 billion ($6.7 million) this year.

Trading on the OTC market remained quiet as investors are hesitate to sell shares with good earning reports, brokers said. “They are patiently waiting for a strong recovery on the market,” said a broker, who asked not to be named.

Source: SGGP

Ha Tinh Province announces existence of blue ear epidemic

In Uncategorized on December 16, 2010 at 10:00 am

Ha Tinh Province on December 3 announced the existence of blue ear epidemic in some communes and it had destroyed 51 pigs in Thach Hoi and Thach Van.

File photo shows that pigs are destroyed in Ha Tinh Province.

More than 60 pigs in two communes Thach Hoi and Thach Van in Thach Ha District, central province of Ha Tinh had been infected with blue-ear disease from November 18-29.

The provincial Department of Animal Health has worked with localities to sterilise and set up quarantine points. The province has directed localities to strictly implement measures to stamp out and prevent the spread of the disease.

According to the agriculture ministry, the blue-ear disease, also known as Porcine Reproductive and Respiratory Syndrome (PRRS), affected thousands of pigs.

PRRS in pigs is caused by the Lelstad virus, which causes ears to turn blue, appetite loss, high fever, miscarriage, premature delivery, coughing, respiratory problems, and death in extreme cases.


Source: SGGP

Big farms told to increase fertile herds of swine in wake of blue ear epidemic

In Uncategorized on August 18, 2010 at 7:27 am

Large livestock farms in Ho Chi Minh City should increase, not reduce, their stock of fertile pigs for later use after the danger of blue ear disease has passed, a senior official said.

The statement came even as the Porcine Reproductive and Respiratory Syndrome Virus (PRRSV) – also known as blue ear disease – hit pigs heavily in neighboring provinces as well as the districts of Binh Chanh, Cu Chi, 9 and 12.

Vets  take dead pigs to bury in the central province of Quang Nam

Due to the serious outbreak of the blue ear pandemic in southern provinces and the threat posed to other provinces, city People’s Committee deputy chairman Nguyen Trung Tin instructed relevant agencies to ensure the safety of herds of over 30,000 fertile pigs in big farms.

However, Mr. Tin also said that governments should not let small household farms engage in breeding and selling pigs.

The city’s Department of Animal Health reported that 29 slaughter houses butchers over 7,500 pigs a night but only 1,000 come from farms in the city.

The remaining come from southern provinces including Dong Nai, Ba Ria – Vung Tau, Long An and Tien Giang, all of which have announced severe epidemics of the blue ear disease.

Moreover, tests of pigs in slaughterhouses have shown that 70 percent of pigs in southern provinces are positive for the dangerous virus. The city is therefore at high risk of suffering a severe epidemic as well. Vets in the outlying districts of 9, 12, Binh Chanh and Cu Chi have decided to immediately kill diseased pigs on detection to curb spreading.

Meanwhile, Van Duc Muoi, General Director of Vissan, a major producer and trader in processed meat, fresh frozen meat and meat-related foods, expressed concern that consumers would turn their backs on safe pork because of wrong information about the disease.

The disease is not believed to be transmittable to humans.

Markets in the city and other localities have seen housewives opting to buy fish and poultry instead of pork, local reports say.

Meanwhile, enterprises who’d pledged to keep the prices stable until next March fretted that the reduced supply of pork would push up prices in the upcoming lunar new year season.

Vissan said it has taken proactive steps to buy more pigs for stockpiling, from 2,200 to 2,800 pigs a day, as instructed by city People’s Committee Chairman Le Hoang Quan.

Chairman Quan has asked lower level administrations to raise public awareness about the disease as well as prepare herds of safe fertile pigs for breeding after the danger has passed.

Fresh outbreaks of blue ear disease at the Co Do Agriculture Company in Mekong Delta City of Can Tho’s Co Do District have so far infected 108 pigs, the Department of Animal Health reported on August 16, bringing the number of affected provinces in Vietnam to 22. The disease has spread widely in central and southern Vietnam.

The southern province of Ba Ria – Vung Tau has seen two further outbreaks in districts Xuyen Moc and Dat Do while the central province of Nghe An has reported a fresh outbreaks in district Dien Chau. Nghe An has so far killed 7,379 pigs with the disease.

The southern province of Tay Ninh has reported new outbreaks in the districts of Go Dau, Tan Bien, Tan Chau, Ben Cau, Duong Minh Chau and Hoa Thanh that have infected a total of 12,911 pigs.

Source: SGGP

Vietnam should import vaccine against blue ear: officials

In Uncategorized on August 14, 2010 at 11:21 am

At an emergency meeting on August 13, directors of departments of agriculture and rural development in southern provinces proposed to import vaccine to fight against the pandemic in the region as Vietnam has no effective vaccine for the disease in pigs.

Mr. Paht agreed to quickly import Chinese vaccine and then test its effectiveness.

In addition, Deputy Head of the city’s Department of Agriculture and Rural Development Nguyen Phuoc Trung said the fight against the epidemic is like fighting against the fire, proposing a suitable compensation for breeders or else breeders would sell diseased pigs at very cheap prices which further spreading of the disease. Farmers are willing to report their ill herds because the government announced to give farmers VND25,000 per kilo of meat lost as compensation.

A pork seller in a market in Dalat City sees no purchase (Photo: SGGP)

Minister of Agriculture and Rural Development Cao Duc Phat and other officials had pork during break time to encourage residents who feared for the blue ear in pigs in the country to consume safe pork.

Because the Porcine Reproductive and Respiratory Syndrome Virus (PRRSV) – also called “Blue Ear” – has heavily hit two highlands provinces of Dak Lak and Lam Dong, residents don’t want to eat pork, the consumption has declined.

The central highlands town of Da Lat has been affected although it is 200 kilometer far from Lam Dong. Pork sellers did nothing but chatting or sleeping because the market was going through a slump. A pork seller, Ms. Nhung, said the sale declined a half in one week.

The situation is the same in the city Nha Trang in the central province of Khanh Hoa. Traders petitioned to stop selling pork in markets, claiming that governments should raise public awareness more as customers turned their back even to safe pork with verifications.

Source: SGGP

Two more Mekong Delta provinces hit by blue ear in pigs

In Uncategorized on August 13, 2010 at 11:23 am

The Porcine Reproductive and Respiratory Syndrome Virus (PRRSV) – also called “Blue Ear” – has hit two more Mekong Delta provinces, said the Ministry of Agriculture and Rural Development on August 12.

Residents in district Cai Lay in the Mekong delta province of Tien Giang where is  heavily hit by the pandemic destroyed dead pigs

Fresh outbreaks of blue ear in Mekong Delta provinces An Giang and Dong Thap have infected 2,222, including 60 already killed.

After these two latest reported outbreaks of the epidemic, Vietnam now has 21 affected provinces. The pandemic has spread widely in central and southern Vietnam.

The Mekong Delta province of Tien Giang has the most infected pigs in the southern region. Since July, the pandemic has swept over 49,000 pigs belonging to 2,000 households in the province.

The government has ordered breeders to kill over 20,000 animals. Total losses are estimated to be over VND400 billion.

The highlands province of Lam Dong officially announced that blue ear has plagued districts Da Tẻh and Bao Lam. Approximately 4,000 pigs have been destroyed in two weeks. The government has forbidden the sale, slaughter and transportation of animals from affected areas to other districts and has called for every available measure to be taken to fight the pandemic.

Of 3,000 infected pigs in Nha Trang in the south-central province of Khanh Hoa, the government has destroyed 500. Districts Ninh Hoa, Cam Lam, Khanh Vinh and Nha Trang City have been struck by the pandemic; however, Khanh Hoa’s government has yet to announce the epidemic in the province, which could lead to further spreading.

The central province of Da Nang agreed to give farmers VND25,000 per kilo of meat lost as compensation. 304 pigs have been buried among the 3,000 infected, while the remaining is being treated.

Source: SGGP

Blue ear spreads through Vietnam

In Uncategorized on August 12, 2010 at 11:25 am

Due to spreading of Porcine Reproductive and Respiratory Syndrome Virus (PRRSV) – also called “Blue Ear” –occurring in pigs in many places in the country, the government forbade transportation of the animal from affected areas to other districts. Despite the ban, people surreptitiously took pigs to sell in market or to roast them.

Pig breeders  in despair as their herds contracts the disease (Photo: SGGP)

Transportation of pigs from affected regions raised public concern because it allowed diseased pigs to mingle with healthy ones, which would be sold in markets, causing harm to customers as well as transmitting the virus to other regions.

Unaware residents of district Vinh Cuu in the southern province of Dong Nai have furtively sold diseased pigs at cheap prices or have brought them to other districts. 

Moreover, they feed fishes with diseased pigs, throw bags of pigs into canals or rivers, not realizing these practices cause the disease to spread to the rest of the herd, as well as cause damage to the environment.

The local government’s efforts to raise farmers’ awareness and strengthen inspection went unrewarded; people continued throwing diseased pigs here and there. The province has 22,000 pigs. 40 households have reported that 1,115 pigs are infected with the virus.

Vets of the Department of Health Animal in Ho Chi Minh City’s district Binh Chanh discovered a herd of Nguyen Thanh Xuan’s with symptoms of the epidemic, while spraying disinfectants to clean the environment on August 11. Inspector chief Le Truong Hai affirmed that Ms. Xuan’s 17 pigs are infected, including four dead and five dying and her neighbors’ herd suffering similarly.

The city has destroyed 213 pigs of 18 households in district 12. The Department of Animal Health said the city has 360,000 pigs, though illegal imports of diseased and dead pigs take place everyday. The department advised that the vaccination against infectious diseases be stepped up, fearing the threat to other provinces, while no available vaccine has proven effective in preventing the blue ear virus.

The epidemic in the central city of Danang became serious because the government did not announce the pandemic publicly, so despairing breeders sold pigs at very low prices and threw dead pigs into rivers and fields. Meanwhile, the central province of Quang Nam has 15,000 infected pigs and vets have killed 5,000 of them.

The highlands province of Lam Dong said the outbreak has infected half of the herds in the province. Vets have buried all animals found to be infected. The government will give farmers VND17,000 per kilo of meat lost as compensation. 

Source: SGGP

Blue ear sickness occurs in HCMC

In Uncategorized on August 6, 2010 at 11:20 am

Porcine Reproductive and Respiratory Syndrome Virus (PRRSV) – also called “Blue Ear” – has occurred in pigs in Ho Chi Minh City, warned a health official on August 5.

Good feeding is one way to prevent pigs from contracting the epidemic

Phan Xuan Thao, head of HCMC Animal Health Department, said pigs in some households in district 12 were found to have the virus; therefore, 194 pigs were destroyed to curb the disease from spreading. Breeding farms in district Cu Chi are at high risk for contracting the disease.

The city liaised with neighboring southern provinces Dong Nai and Binh Duong to test pigs from other provinces. If vets find pigs to be unsafe, the city would stop diseased pigs from entering the city, Mr. Thao said.

The southern province of Binh Phuoc claimed tests proved 72 pigs in district Bu Dang had contracted the disease, said deputy head of the province’s Animal Health Department Tran Van Phuong. The province had killed 30 pigs before.

Quang Nam authorities are pleading for help as spread of the disease has already become rampant, wiping out many herds in the province’s districts Dai Loc and Dien Ban. 9793 pigs were infected with the disease and vets destroyed 2,572.

Meanwhile, the highlands province of Dak Lak discovered seven outbreaks of blue ear in pigs in districts Ea Kar, Krong Pach and Buon Me Thuot City.

The government will provide each breeder who has lost their pigs to the epidemic with VND25,000 for each kilo of meat lost.

Source: SGGP

Blue ear pig disease spreads to 13 provinces

In Uncategorized on August 1, 2010 at 11:20 am

Blue ear pig disease has spread to 13 provinces and cities nationwide, with the latest outbreak in Da Nang City, said the Department of Animal Health on July 31.

A vet checks pigs with blue ear disease in Bac Lieu Province (Photo: VNA)

The disease was detected within Hoa Khuong and Hoa Lien communes of Da Nang City, which has 92 infected pigs.

In the southern province of Tien Giang, the disease was found in 76 households in three districts.

To date, 9 districts in the province have claimed 13,377 infected pigs, while 5,598 infected pigs were destroyed, the department said.

Earlier, the disease reappeared in Dong Nai and Binh Phuoc provinces.

The 13 infected provinces and cities are Nghe An, Cao Bang, Soc Trang, Quang Tri, Tien Giang, Lao Cai, Long An, Binh Duong, Bac Lieu, Quang Nam, Dong Nai, Binh Phuoc and Da Nang.

Source: SGGP

Blue ear under control in Hanoi

In Uncategorized on June 24, 2010 at 12:41 pm

Porcine Reproductive and Respiratory Syndrome Virus, also called blue ear, has not occurred in Hanoi for ten days, said the capital city Department of Animal Health on June 23.

Blue ear has not occurred Hanoi for ten days so customers feel secure to eat pork

Veterinaries continued treating diseased pigs in suburban Hanoi districts Gia Lam, Dong Anh, Thuong Tin and Me Linh.

Despite its recession, animal health officials warned that farm owners should keep alert for the disease as there will be several heat waves moving through the northern and central regions of Vietnam over the next three to four days to badly affect animal’s resistance to illness.

Therefore, breeders need to keep their farms clean and their animals fully fed and vaccinated.

Specifically, breeders should only purchase breeding pigs from known companies with testing certificates from relevant agencies.

Furthermore, farmers should quarantine new pigs in separate pigsties for 21 days.

Source: SGGP

Blue ear disease not yet found in city

In Uncategorized on May 7, 2010 at 4:41 pm

“Blue ear” disease in pigs has been reported in 12 northern provinces and cities and threatened other southern and central provinces, said Department of Animal Health, part of the Ministry of Agriculture and Rural Development, on Thursday.

Porcine Reproductive and Respiratory Syndrome Virus (PRRSV) also known as ‘Blue Ear”disease has seen around 37,000 infected pigs with 14,860 killed and destroyed.

The disease is spreading fast because knights of the cleaver have transported pigs from provinces to provinces. 

Moreover, breeders have tried to sell their pigs at cheap prices for fear that their pigs will contract the disease they may lose heavily, causing spread of the virus in the central and southern provinces.

Ho Chi Minh City residents are careful to choose pork for their meals since the news of the disease on pigs has been reported. However, Phan Xuan Thao, chief of the city’s Department of Animal Health, said his men did not detect diseased pigs in the city.

The department and Department of Market Management enhance supervision at slaughter houses and conducte tests all the time, he added.


Source: SGGP