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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| China Bio | CBI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 13.50 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 13.50 | 13.50 |
| Top Posts |
|---|
Posted at 11/6/2010 08:07 by tim00 Well, that explains the lack of communication I've had with the FD. I did wonder if something was going on behind the scenes, Gloria He has been very engaged in the past. Still, at least the price is well above the current share price and the price most recent investors will have paid. |
Posted at 22/4/2010 08:13 by tim00 Kind of. Some PIs have been selling, others buying. The ones buying just happen to have accounts with Worldspreads. PIs have shorter investment time horizons than institutional investors, getting institutions invested has the advantage that it tends to reduce the number of shares in float. But with the Chairman holding nearly 75% of the company, I guess institutions are less likely to invest. |
Posted at 22/4/2010 07:25 by tim00 yes, they're a stockbroker for PIs, so not an institutional investor themselves. |
Posted at 19/4/2010 19:52 by tim00 Total Director salaries in 2009 were around £120k! That includes two UK non-execs. UK investors mark down Chinese companies because they're Chinese, but my (limited) experience of London-quoted Chinese companies is one of high ethical standards. |
Posted at 20/2/2010 08:48 by tim00 Re: HAIK, the debt is the problem. They need to make profits to make inroads into the debt. On CBI, the RMB exchange rate is now 10.5 to the £. This further increases the value of dividend payments to UK shareholders. And I'm confident that CBI will do very well in 2010 H1. In order to overturn the profits warning so quickly in Q4 last year and report profits in H2 so close to H1, the volume and margin must have picked up significantly. With the Chinese economy growing so quickly, I can't see why that won't be maintained in 2010. Note also that government subsidies were similar in 2010 to 2009, so the company is becoming less reliant on support. Currently, I'm projecting profits of RMB 10 million in 2010 H1. Should be achievable. Translates to a p/e ratio of 2.3 at the current sp, and any dividend payment would imply a very high yield. Even if CBI remains invisible to UK investors, it will be a very attractive hold on income yield grounds. |
Posted at 06/11/2009 18:50 by aim11 shocking few years for cbi and haike tho, being an investor in these businesses has been dreadful, can't believe it can get a lot worse |
Posted at 28/10/2009 07:19 by tim00 re: recommendations. GKP has found a major oil discovery in Kurdistan, many smart investors are heavily invested there. That is my primary recommendation for a quick profit as further good news on drilling results is imminent. MERE is a slightly risky property company but has substantial upside (trading at about one quarter of its net asset value and the company has strong income generation from rents). SKR is an early stage project for manufacturing fertiliser in Kazakhstan, a long term investment but plenty of upside. WCC you might know about, Mikeja is very heavily invested indeed there! I think I saw you on the EEE thread? Avoid them! They look an impending disaster imho. |
Posted at 23/9/2009 10:52 by jailbird yep investors like a dividendthanks for the info..did not know about the short loan agreements |
Posted at 23/9/2009 10:36 by tim00 jailbird, apparently most Chinese bank loans are one-year that then get rolled over. HAIK say the same I think. More importantly, reduced investment and strong cash flow from operations should mean they can pay the remaining loan off quickly, and then focus surplus cash on dividends to get income investors interested. With so much spare capacity at the moment they have no need for further investment projects in the short term. Resumption of dividends will be important imo for driving the share price much higher. |
Posted at 17/9/2009 21:32 by aim11 small cap punters dont care about asset value or revenue imho - look at haike, had $500mn in revs and large refinery assets and material net asset value and equity fell to £6mn at the low when it made losses. cbi is the same, if it starts making decent money again (and i even think non cash write downs aren't stripped out by small cap investors so that hit cbi last yr too) then it'll go a lot higher imho. as u guys point out, stock is very tightly held so can double very quickly, especially true as i think there are only 2 market makers on the stock as well which increases the illiquidity. |
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