West China Share Discussion Threads

[welsheagle] 05/3/2011 13:36

Thanks for pointing out the new thread, Sterego.

[edmundshaw] 03/3/2011 23:09

If WE wants to post here, he's welcome! :)

[stegrego] 03/3/2011 21:44

Wrong thread - this one was abandoned months ago

New -

[welsheagle] 03/3/2011 21:19

WEST CHINA CEMENT LIMITED
中國#199;部水泥有&480;公司
(Incorporated in Jersey with limited liability with registered number 94796)
(Stock Code: 2233)
2010 Annual Results Announcement
Financial highlights:
• Revenue increased by approximately 95.2% from approximately RMB1,516.8 million for the year
ended December 31, 2009 to approximately RMB2,960.8 million for the year ended December
31, 2010, as a result of the Group's robust expansion which in turn resulted in an increase in sales
volume.
• Gross profit increased by approximately 86.7% from approximately RMB638.7 million for the
year ended December 31, 2009 to approximately RMB1,192.4 million for the year ended
December 31, 2010. Gross profit margin for the reporting period was approximately 40.3% (2009:
approximately 42.1%).
• Basic earnings per share, after being adjusted for the exceptional charge of losses on warrant
redemption of RMB168.5 million for the year ended December 31, 2009 and shares delisting and
listing expenses of RMB 65.7 million for the year ended December 31, 2010, increased by
approximately 80.0% from RMB0.155 per share to RMB0.273 per share, reflecting strong
revenue and profit growth.
• Gearing, measured as net debt to equity, improved significantly from approximately 99.1% as at
December 31, 2009 to approximately 23.0% as at December 31, 2010, mainly attributable to the
increase in equity by approximately RMB2,278.8 million to approximately RMB3,574.0 million
as a result of the initial public offering of the Company in Hong Kong in August 2010, an
increase in earning and the repayment of borrowings during the year ended December 31, 2010.
• Proposed declaration of final dividend of RMB1.53 cents per ordinary share for the year ended
December 31, 2010.
--------------------------------------------------------------------------------

[mattjos] 07/2/2011 21:55

welsh .. go to thread '2233' ..... on/before end March according to HK regs

[welsheagle] 07/2/2011 21:13

When are the next results due

[edmundshaw] 24/1/2011 08:23

Long term AIM chart reinstated for those interested

[stegrego] 13/9/2010 12:49

No one left on this board chaps...

All at

[pre] 13/9/2010 09:33

reckon 'EROS' is heading the same way as WCC did...indian ipo opens this week and company will be listing on indian exchange and moving from aim to main LSE listing....gettting in at current levels will look a steal in a couple of months time imo, dyor etc and gla:-)

[czar] 12/9/2010 10:07

took the profit now at 2.30, switching into PMHL,

[mikeja] 09/9/2010 07:24

14x my estimate of 28c=$3.92

[tim00] 07/9/2010 03:28

nice start to the day!

[apsis2] 31/8/2010 11:10

Yes epic 2233

[rhuvaal] 31/8/2010 11:08

please, someone, no posts for a few days now - is there a new thread ?

[edmundshaw] 26/8/2010 13:02

Results, possibly tomorrow, should help I expect.

Still around 18% up since the relisting, so I'm not unhappy.

Some UK holders are now able to sell, who could not before, and doubtless we shall see selling from that quarter - which also would explain the rise in the morning and the fall in the afternoon (when UK holders are more likely to trade than 3am or 4am).

[roundup] 26/8/2010 10:46

It is a rather slow start on the HK exchange--somewhat disappointing.

[itsalovelyday] 25/8/2010 09:54

D2A - yes, all down to the quality of adviser that picks up your email. The response your friend got, while not entirely satisfactory, was better than being ignored! It's a shame that, given the length of time TDW knew the switch was on the cards, and the number of companies that have followed a similar path before (transferring to foreign exchanges from AIM), they haven't looked for ways to iron out the `complications'.

[williemanjaro] 25/8/2010 09:53

2233 West China Cement--New thread here

[aim11] 25/8/2010 09:39

jh - most have moved over to the new thread now...2233

[john henry] 25/8/2010 07:48

After the initial selling. WCC seems to have settled down and trading in line with the cement sector.

[deucetoace] 24/8/2010 17:55

Itsalovelyday
Re your post 12785. You are quite correct. A friend of mine asked the same question and got a reply saying that the reason was a "business decision" due to complications with foreign exchange and settlements of trades. This sounds more likely but doesn't help regarding getting it changed.

[forest owlet] 24/8/2010 13:00

A real problem with the present thread is that ES is unable to change the header. This is no longer an AIM stock with a WCC ticker, it is a HKSE stock with the ticker 2233.

Another problem here is what happens when the fringe characters appear and it descends into chaos, ES being unable to ban them. Mind you, they may be less frequent visitors now that we are on HKSE. I have an affection for this thread, but there have been times recently when it has been far, far away from a quality discussion.

[rob67] 24/8/2010 12:47

Im confused now. Choices choices!