Auhua Clean Share Discussion Threads

[ny boy] 22/10/2013 14:39

I would expect this to slowly make it's way above 100p by Q1 2014 Probably got too cheap and with a new person on board that could be positive for business contracts etc

An illiquid stock at present, not one to trade other than to buy & hold.

[andrbea] 22/10/2013 12:29

Would like to see them take stakes in other CCGT plants in East Asia, if this is the preferred (smart & clean) technology out there...

why is Cameron building a new nuclear reactor in Hinckley when Asia prefers CCGT?
Crazy and bad for the environment...

[ny boy] 21/10/2013 12:49

Recent buying probably due to today's rns re appointment.

Will be interesting to see if institutional buying follows over the coming months.

[ny boy] 18/10/2013 09:38

Is that the excitement over for the year or something in the pipeline, the rns didn't anything other than the usual "no reason for movement" but I'll keep a watching brief on these.

[mark1000] 18/10/2013 03:56

With an EPS OF 701.2 its real cheap giving a p/e of 0.05 LOL its about time ADVFN corrected this nonsense presumably ADVFN confusing RMB and GBP.

[euclid5] 17/10/2013 10:50

below taken from interim results:

Earnings per share at half year of RMB 0.37: 4.0 pence

so before this rise they were trading at 5 x EPS

with cash bal of £4.3m

[falia] 17/10/2013 10:10

CHRR FLYING

[swong21118] 17/10/2013 10:04

Lol.... Sorry for being repetitive. Have been quite badly hurt with Chinese AIM, they look very cheap and many of the companies seem have a healthy cash flow and operating profits. They hardly pay dividend, if they do, it's a peanut compared to the cash flow accumulated. They also drop and raise without any apparent reasons or may be we dun know.I used to hold ACE as well.... It's very annoying that they seem have little communication with shareholders and we in the west are probably the last one to know if something significant has happened.

[falia] 17/10/2013 10:01

chrr next riser

[the count of monte_cristo] 17/10/2013 09:52

swong how many times do you want to say Chinese AIM really dodgy, I think we get the point.

[acta_topup] 17/10/2013 09:30

Why has no RNS been issued? AIM is unbelievably corrupt.

[andrbea] 17/10/2013 09:23

float price was ca 44.5p in 2009

[swong21118] 16/10/2013 22:47

I bet it's insiders trading, with some ppl taking a punt.It is a norm with Chinese AIM.....they could drop like a stone or raising like a star without a news..

[mark1000] 16/10/2013 22:11

Is this insider trading or just norm for the share price to more than double and no one knows anything ?

[cascudi] 16/10/2013 15:41

it is a shame a sold it last week cause i needed money.. :(

[swong21118] 16/10/2013 13:54

By the time we know why it's already too late for us to buy in....... Chinese AIM generally very doggy....

[ny boy] 16/10/2013 13:52

lol shot up since I made a post, something must be going on?

[swong21118] 16/10/2013 13:24

Stay Away from Chinese AIM, many of them are really doggy....

[ny boy] 16/10/2013 12:55

Spike today, anyone know why?

[cascudi] 27/9/2013 15:12

27 September 2013
AUHUA CLEAN ENERGY PLC
("Auhua" or "the Company")
Holdings in Company
Auhua Clean Energy plc, the AIM quoted (AIM: ACE) environmental technology group announces that on 26 September 2013, the Companyreceived notification that, following an acquisition of 1,708,469 ordinary shares, on 26 September 2013, Foxtrox Holdings Ltd now holds an interest in 2,963,404 ordinary shares in the Company, representing 4.66% of the total voting rights attached to the issued ordinary share capital of the Company. Foxtrox Holdings Ltd holds this interest through Beaufort Nominees Ltd.
Further Enquiries

[cascudi] 14/9/2013 10:54

from finance statement

Our trade receivables increased to RMB 66.5 million: GBP 7.1 million (FY 2012: RMB 45.2 million: GBP 4.6 million), as a result of higher sales but also in part due to the tight domestic debt markets affecting our customers. On a selective basis, we have provided some of our clients with longer credit terms. Our customers have also requested longer installation periods and have protracted the project inspection and commissioning phases, thereby affecting the collection period. As a result, our debtor days increased from 59 days for FY 2012 to 93 days for 1H 2013 (53 days for 1H 2012). Overall, trade receivables represent 60% of our turnover (1H 2012:33%). For this reason, we have been prudent in our sales during the period. We have chosen to increase margins and to sell to select property developers rather than push for revenue growth and capacity utilisation. This directly resulted in the slower year-on-year revenue growth but higher margins

[cascudi] 13/9/2013 13:09

in my opinion,
I don`t see for this company the long receivables period to be an huge problem because It seems to me unless I am wrong that that the current net operating cash flow is covering a significant % of the current average 2 years debts..

so yes it would be much nicer if the customer will pay quicker the company back
but i can immagine as they stated in their statement that the election and so on could have slow down a bit the re-finianing system.. but this only my opinion

[woodcutter] 13/9/2013 09:37

No problem........The killer is the increase in receivables at 20m rmb, had that not been the case then debtor days would have been around 90+ days and the cashflow would have been close to ops profit and it would have looked okay.

If they'd have given a time line for collection of receivables and the bulk of it was likely to be collected in the next few months then that too might have helped.

Indeed given the increase in receivables is substantial i fail to understand why they've not done that unless of course the invoices have only just been submitted before period end and they wanted to make the profit figures look decent, but still haven't collected any cash post period end.

They could also have added a statement to say how much cash has been collected since H1 results but didn't, poor presentation of results imv.

Woody