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CWO China Wonder

19.00
0.00 (0.00%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
China Wonder LSE:CWO London Ordinary Share GB00B030LW50 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 19.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 19.00 GBX

China Wonder (CWO) Latest News

Real-Time news about China Wonder (London Stock Exchange): 0 recent articles

China Wonder (CWO) Discussions and Chat

China Wonder Forums and Chat

Date Time Title Posts
22/7/201115:40China Wonder1,732
10/2/200921:52china wonder the one week wonder24
01/11/200513:55IGNORE HARRY PUNTER THREAD-EVEN3
01/11/200510:52IGNORE HARRY PUNTERN THREAD2
13/8/200502:18China wonder charts and news 2005-

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China Wonder (CWO) Most Recent Trades

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China Wonder (CWO) Top Chat Posts

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Posted at 21/6/2011 13:41 by denc
the followers of the Porky booted ex accountant were told the cash would be payed out at around 30p a share after 12 months were they not ?.

they were not told it would all be invested in some metal bashing outfit in deepest manchuria or wherever possibly to disappear forever .

BOL

but i think you just got royally shafted

a more appropriate name for this outfit might be Luz Yu
Posted at 17/6/2011 12:18 by monis
China Wonder acquires Win Yu International Investments for £12.3mln
Thu 9:19 am by Sergei Balashov Win Yu sold 1,546 machines worth nearly £20 million
China Wonder (LON:CWO) is set to acquire lathe and milling machine maker Win Yu International Investments for £12.3 million in cash and shares.

The acquisition by China Wonder will be in part funded by £325,000 raised via a placing of 1.7 million at 19 pence per share, representing a slight discount from yesterday's closing price of 19.38 pence. Shares in China Wonder rose 3 percent to 20 pence on the update this morning.

The consideration consists of £5 million in cash and 38 million shares at 19 pence per share.

In 2010, Win Yu's sole trading subsidiary JSQH sold 1,546 machines worth nearly £20 million. About 90 percent of JSQH's machines are distributed within China with the rest going to customers in 28 countries including the UK, United States, Germany, Russia, Brazil and Malaysia.

As the deal constitutes a reverse takeover under the AIM rules, it will require shareholder approval at a general meeting. Following approval, China Wonder's existing shares will be delisted and the company will apply for admission of its enlarged capital to trading on the AIM market.

China Wonder was initially focused on manufacturing packing machinery and associated spare parts, equipment, mouldings, paper products, packing cartons and boxes in China. In November 2010 it sold subsidiaries Jinzhou Wonder Machinery Equipment and Jingzhou Wonder Paper Products for £2.8 million and Wonder Packaging Machinery for £3.1 million in November 2010.

Following the disposals, China Wonder became an investing company and had a cash balance of about £5.4 million with no outstanding debt.

China Wonder highlighted the strength of Win Yu's research and development department, noting that 60 percent of the current product range was developed by its R&D division.

China Wonder has also released its 2010 full year report today, revealing a profit of £212,434 from continuing operations compared to a profit for those businesses of £270,855 in the previous year.
Posted at 17/6/2011 08:43 by monis
fludde- so you obviously have not read any of the rns! You have not understood forcasted earnings for this year compared to the company's new market cap, you have not taken on board that the deal was done at essentially the market price, you have not realised there is also a 12 month lock in for the new major shareholder. And as for getting money out, a few days ago when I checked I could sell loads of shares but couldn't buy any.

I think you have got it wrong, just my opinion.
Posted at 16/6/2011 08:11 by curlly
MONIS

Yes i agree with you and yes i had to smile when i sore the placing price
with the turnover and profit with Win Yu i think we are onto a winner
Posted at 16/6/2011 08:05 by monis
pomp - do not agree, it's very good news imo dyor. Look at the placing price.
Posted at 27/4/2011 22:54 by jormes
Just got to dot the i's and cross the t's now. There is no such thing as a sure thing but this is a steady stock, even if they don't find a new 'investment' for the proceeds the net asset value is around 30p per share which will be returned to shareholders after 12 months of looking.
Posted at 11/4/2011 20:25 by vizcaya2
CWO looks interesting on cash to mkt cap ratio........better than many small caps!

couple on illiquid Plus Markets tho!

DYOR
Posted at 11/4/2011 19:59 by simon cawkwell
MONIS,

It may not interest CWO shareholders (in which event, I apologise for wasting others' time) but Mrs Emma Roebuck is my younger daughter.

Simon Cawkwell
Posted at 05/4/2011 08:49 by monis
Presently still undervalued on cash alone plus then there is the business acumen of the major chinese shareholders and potential contacts plus the london aim listing - these imo should be worth substantially more than todays price. imo dyor.
Posted at 04/4/2011 15:37 by curlly
so where is the share price likely to go from here?
China Wonder share price data is direct from the London Stock Exchange

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