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CTEK Gx Cleantech

6.5095
0.00 (0.00%)
14 May 2024 - Closed
Delayed by 15 minutes
Etf Name Etf Symbol Market Stock Type
Gx Cleantech CTEK London Exchange Traded Fund
  Price Change Price Change % Etf Price Last Trade
0.00 0.00% 6.5095 01:00:00
Open Price Low Price High Price Close Price Previous Close
6.5095
more quote information »

Gx Cleantech CTEK Dividends History

No dividends issued between 14 May 2014 and 14 May 2024

Top Dividend Posts

Top Posts
Posted at 11/9/2015 13:07 by soul limbo
UPDATED: Oh dear, it looks as if another China AIM stock is set to lose its AIM casino listing. AIM regulation has just now suspended trading in shares in China Chaintek (CTEK). Market sources say that Big Ray Zimmerman of ZAI Corporate Finance had enough and quit as Nomad to the Norfolk China Chaintek (CTEK) with immediate effect. The company has made no statement.

That big Ray who has acted for inter alia Naibu (NBU) and a number of other "colourfol" stocks out East has thrown in the towel says it all. No Nomad will touch this one. As such the shares will be booted off the casino.

This is another 0p and you cannot say you were not warned.

Our sources tell us that the final straw for Big ray was a demand from local management that the board composition become all Chinese with no external western NEDs.

BTW. Hats off to Big Ray for this call. You go up in our estimation and the Sheriff gives you a three month "Get out of Jail" pass when we will not bash you as a reward..

So that makes it 11 of 40 China AIM stocks in our Filthy Forty down, just 29 to go
Posted at 09/5/2015 19:20 by grahamg8
Change of business model by shoe manufacturers to short run production as explained in the FY results RNS 16 March. We were told to expect 35% less revenue in 2015 and 50% less pbt. But that would still add to the cash pile before capex. The big questions are: do we trust CTEK to bounce back in 2016, and can the investment in the logistic park be made to work or at least recover the money already spent from the government?
Posted at 22/4/2015 12:36 by philjeans
Dividend Timetable

Ex-dividend date 23 April 2015
Dividend record date 24 April 2015
Annual General Meeting 8 May 2015
Dividend payment date 20 May 2015
----------------------- --------------

Final Results

Chaintek (AIM:CTEK), the provider of logistics services to manufacturers of consumer goods in China, today announces its final results for the year ended 31 December 2014 (the "period").

Financial Highlights

-- Revenue up 3.7% to RMB 363.7 million (2013: RMB 350.6 million)
-- Profit before tax up 1.0% to RMB 287.4 million (2013: RMB 284.9
million)
-- EBITDA up 0.9% to RMB 292.9 million (2013: RMB 290.5 million)
-- Pre-tax profit margin of 79.0% (2013: 81.3%)
-- Cash position of RMB 472.2 million (2013: RMB 319.3 million)
-- A maintained final dividend of 4 pence per share is now proposed,
which will be offered by way of scrip dividend only, giving
a total dividend of 6 pence per share for this financial year


Key Performance Indicators

Indicator 2011 2012 2013 2014
------------------------------- ----- ----- ----- -----
Revenue (RMB in million) 263 341 351 364
Gross Profit (RMB in million) 218 284 306 312
Profit before taxation (RMB
in million) 200 254 285 287
Net cash and cash equivalents
(RMB in million) 98 343 319 472
Posted at 16/4/2015 15:52 by addict
All very quiet here.That holding announcement is good for CTEK and good for the Chinese shares on AIM generally.I think the trading statement on JQW paints a far rosier picture than here,but as always,DYOR.
Posted at 08/4/2015 15:35 by philjeans
Ticking up now nicely in parallel with CTEK.

Very little free stock and so every tiny BUY will send it away.

Hugely oversold and SHORTED by the spivs, who are now getting BURNED!

BUY.

DYOR.
Posted at 11/3/2015 11:07 by philjeans
Full year figures on Monday and we know they'll be fine - see below;

$$$$$$$$$$$$$

09 February 2015

Press Release 9 February 2015


China Chaintek United Co., Ltd

("Chaintek", "the Company" or the "Group")

Trading Update

Chaintek (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to provide the following trading update ahead of the Group's Preliminary Results for the year ended 31 December 2014, which will be announced on Monday, 16 March 2015.

Revenues for the period are expected to be RMB364 million, an increase of just under 4% over 2013 with unaudited profit before tax at RMB287 million anticipated to be a short 1% ahead of 2013, both slightly below market forecast. The Group continues to be highly cash-generative, resulting in an increased cash position at year-end of RMB 472.1 million, after payments in respect of the new transit warehouse facility of RMB 60 million (2013: RMB 319.3 million after payment of RMB 221.0 million in respect of the planned Logistics Park).

The Logistics Services business added six new customers, including Joeone, a Shanghai Stock Exchange listed men's business and casual wear manufacturer, which contributed approximately 1.76% to the division's total revenues. The division itself is expected to show a modest increase of 3.2% in revenues over 2013. The Group has maintained a diversified customer base in its Logistics Services division with the food and building materials industries comprising 23% (2013: 22%) of divisional revenue, shoes and apparel an unchanged 69%, and other categories 8% of divisional revenue.

The Inventory Solutions business is expected to show a 7.3% increase in revenues, despite no new distribution centre being added in the year. The division accounts for approximately 14% of Group revenues.

$$$$$$$

The div will be interesting - already said they plan to announce 4p. But will it be 2p cash and 2p scrip; or will they have the balls to pay it all out in cash ?!!

Looking forward to a nice jump next week.

DYOR

And filter the lying shorter paid re-ramper stig; stock; stol; rugby; bad robot etc etc etc etc etc etc or whatever he's pretending to be at this moment of the day!!

LOL!
Posted at 07/3/2015 07:48 by philjeans
Ignore the lying shorters - who come up with a fresh user-name every week like this "rugby" creature; it's the same old nutter stigologist with yet another avatar!

Time to get back in here?

Let the directors do the talking;


09 February 2015

Press Release 9 February 2015


China Chaintek United Co., Ltd

("Chaintek", "the Company" or the "Group")

Trading Update

Chaintek (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to provide the following trading update ahead of the Group's Preliminary Results for the year ended 31 December 2014, which will be announced on Monday, 16 March 2015.

Revenues for the period are expected to be RMB364 million, an increase of just under 4% over 2013 with unaudited profit before tax at RMB287 million anticipated to be a short 1% ahead of 2013, both slightly below market forecast. The Group continues to be highly cash-generative, resulting in an increased cash position at year-end of RMB 472.1 million, after payments in respect of the new transit warehouse facility of RMB 60 million (2013: RMB 319.3 million after payment of RMB 221.0 million in respect of the planned Logistics Park).

The Logistics Services business added six new customers, including Joeone, a Shanghai Stock Exchange listed men's business and casual wear manufacturer, which contributed approximately 1.76% to the division's total revenues. The division itself is expected to show a modest increase of 3.2% in revenues over 2013. The Group has maintained a diversified customer base in its Logistics Services division with the food and building materials industries comprising 23% (2013: 22%) of divisional revenue, shoes and apparel an unchanged 69%, and other categories 8% of divisional revenue.

The Inventory Solutions business is expected to show a 7.3% increase in revenues, despite no new distribution centre being added in the year. The division accounts for approximately 14% of Group revenues.

As announced on 9 December 2014, the Group has exchanged contracts for the purchase of another transit warehouse for the logistics services division, located near the Chaintek head office in Fujian Province and close to a number of factories belonging to Chaintek's major customers. This facility is expected over time to help resolve the capacity issue at Chaintek's current transit warehouse and to avoid increasingly stringent daytime travel restrictions on larger lorries used by the Group's third party transport carriers. Operations at the new facility have commenced, but divisional revenues are expected to remain broadly static during 2015 despite the increase in operational expense. In the longer term, the facility should allow the Group to capture an anticipated increase in demand from the market.

The Board is disappointed not to be able to report any progress in relation to the planned new Logistics Park. As previously reported, structural government changes in China, the formation of new government bodies and their effect on provincial policy mean that the Company is unable to say when the approval process will be completed.

In its Interim Results released on 22 September 2014, the Company announced an interim scrip dividend of 2 pence or a cash alternative of 1 pence per share. The Company expects to declare an unchanged final dividend of 4 pence per share, however, the constituent parts will be determined by the cash commitment incurred by the Group in implementing its growth plan.

Xu Meijin, Chief Executive Officer of Chaintek, said: "The Board is pleased with the continued progress that Chaintek has made in 2014, set against the Company's capacity constraints and the delayed 2015 Chinese New Year. The Group remains focused on expanding capacity and diversifying its customer base. The new transit warehouse facility will help alleviate capacity constraints and maintain the high standards of service that our customers expect. In the longer term, it will help position the Group to capture the anticipated increase in demand for modernised logistics services.

"We understand uncertainties surrounding the construction of the Logistics Park have been a major concern amongst our shareholders. The Group remains committed to progressing this and will keep the market informed as appropriate."

- Ends -
Posted at 06/3/2015 17:25 by philjeans
RNS Number : 4356E

China Chaintek United Co., Ltd

09 February 2015

Press Release 9 February 2015


China Chaintek United Co., Ltd

("Chaintek", "the Company" or the "Group")

Trading Update

Chaintek (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to provide the following trading update ahead of the Group's Preliminary Results for the year ended 31 December 2014, which will be announced on Monday, 16 March 2015.

Revenues for the period are expected to be RMB364 million, an increase of just under 4% over 2013 with unaudited profit before tax at RMB287 million anticipated to be a short 1% ahead of 2013, both slightly below market forecast. The Group continues to be highly cash-generative, resulting in an increased cash position at year-end of RMB 472.1 million, after payments in respect of the new transit warehouse facility of RMB 60 million (2013: RMB 319.3 million after payment of RMB 221.0 million in respect of the planned Logistics Park).

The Logistics Services business added six new customers, including Joeone, a Shanghai Stock Exchange listed men's business and casual wear manufacturer, which contributed approximately 1.76% to the division's total revenues. The division itself is expected to show a modest increase of 3.2% in revenues over 2013. The Group has maintained a diversified customer base in its Logistics Services division with the food and building materials industries comprising 23% (2013: 22%) of divisional revenue, shoes and apparel an unchanged 69%, and other categories 8% of divisional revenue.

The Inventory Solutions business is expected to show a 7.3% increase in revenues, despite no new distribution centre being added in the year. The division accounts for approximately 14% of Group revenues.

As announced on 9 December 2014, the Group has exchanged contracts for the purchase of another transit warehouse for the logistics services division, located near the Chaintek head office in Fujian Province and close to a number of factories belonging to Chaintek's major customers. This facility is expected over time to help resolve the capacity issue at Chaintek's current transit warehouse and to avoid increasingly stringent daytime travel restrictions on larger lorries used by the Group's third party transport carriers. Operations at the new facility have commenced, but divisional revenues are expected to remain broadly static during 2015 despite the increase in operational expense. In the longer term, the facility should allow the Group to capture an anticipated increase in demand from the market.

The Board is disappointed not to be able to report any progress in relation to the planned new Logistics Park. As previously reported, structural government changes in China, the formation of new government bodies and their effect on provincial policy mean that the Company is unable to say when the approval process will be completed.

In its Interim Results released on 22 September 2014, the Company announced an interim scrip dividend of 2 pence or a cash alternative of 1 pence per share. The Company expects to declare an unchanged final dividend of 4 pence per share, however, the constituent parts will be determined by the cash commitment incurred by the Group in implementing its growth plan.

Xu Meijin, Chief Executive Officer of Chaintek, said: "The Board is pleased with the continued progress that Chaintek has made in 2014, set against the Company's capacity constraints and the delayed 2015 Chinese New Year. The Group remains focused on expanding capacity and diversifying its customer base. The new transit warehouse facility will help alleviate capacity constraints and maintain the high standards of service that our customers expect. In the longer term, it will help position the Group to capture the anticipated increase in demand for modernised logistics services.

"We understand uncertainties surrounding the construction of the Logistics Park have been a major concern amongst our shareholders. The Group remains committed to progressing this and will keep the market informed as appropriate."

- Ends -
Posted at 09/2/2015 17:04 by philjeans
Positive update this afternoon and confirmation of another 4p div - excellent news! Yield 9% just from the Final - 13% pa including the interim.

Cash held (with no debt!) now totals £47 MILLION STERLING against £24 M M/C on P/E of 1 !!

Some slight negatives in the statement but the figures, cash and yield forgives a lot of risk!!

BUY. $$$$$$$$$$$$$$$$$$$$


China Chaintek United Co., Ltd

09 February 2015

Press Release 9 February 2015


China Chaintek United Co., Ltd

("Chaintek", "the Company" or the "Group")

Trading Update

Chaintek (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to provide the following trading update ahead of the Group's Preliminary Results for the year ended 31 December 2014, which will be announced on Monday, 16 March 2015.

Revenues for the period are expected to be RMB364 million, an increase of just under 4% over 2013 with unaudited profit before tax at RMB287 million anticipated to be a short 1% ahead of 2013, both slightly below market forecast. The Group continues to be highly cash-generative, resulting in an increased cash position at year-end of RMB 472.1 million, after payments in respect of the new transit warehouse facility of RMB 60 million (2013: RMB 319.3 million after payment of RMB 221.0 million in respect of the planned Logistics Park).

The Logistics Services business added six new customers, including Joeone, a Shanghai Stock Exchange listed men's business and casual wear manufacturer, which contributed approximately 1.76% to the division's total revenues. The division itself is expected to show a modest increase of 3.2% in revenues over 2013. The Group has maintained a diversified customer base in its Logistics Services division with the food and building materials industries comprising 23% (2013: 22%) of divisional revenue, shoes and apparel an unchanged 69%, and other categories 8% of divisional revenue.

The Inventory Solutions business is expected to show a 7.3% increase in revenues, despite no new distribution centre being added in the year. The division accounts for approximately 14% of Group revenues.

As announced on 9 December 2014, the Group has exchanged contracts for the purchase of another transit warehouse for the logistics services division, located near the Chaintek head office in Fujian Province and close to a number of factories belonging to Chaintek's major customers. This facility is expected over time to help resolve the capacity issue at Chaintek's current transit warehouse and to avoid increasingly stringent daytime travel restrictions on larger lorries used by the Group's third party transport carriers. Operations at the new facility have commenced, but divisional revenues are expected to remain broadly static during 2015 despite the increase in operational expense. In the longer term, the facility should allow the Group to capture an anticipated increase in demand from the market.

The Board is disappointed not to be able to report any progress in relation to the planned new Logistics Park. As previously reported, structural government changes in China, the formation of new government bodies and their effect on provincial policy mean that the Company is unable to say when the approval process will be completed.

In its Interim Results released on 22 September 2014, the Company announced an interim scrip dividend of 2 pence or a cash alternative of 1 pence per share. The Company expects to declare an unchanged final dividend of 4 pence per share, however, the constituent parts will be determined by the cash commitment incurred by the Group in implementing its growth plan.

Xu Meijin, Chief Executive Officer of Chaintek, said: "The Board is pleased with the continued progress that Chaintek has made in 2014, set against the Company's capacity constraints and the delayed 2015 Chinese New Year. The Group remains focused on expanding capacity and diversifying its customer base. The new transit warehouse facility will help alleviate capacity constraints and maintain the high standards of service that our customers expect. In the longer term, it will help position the Group to capture the anticipated increase in demand for modernised logistics services.

"We understand uncertainties surrounding the construction of the Logistics Park have been a major concern amongst our shareholders. The Group remains committed to progressing this and will keep the market informed as appropriate."

- Ends -

For further information:

China Chaintek United
Co., Ltd
Derrick Wong, Finance Tel: +65 9227 8485
Director Tel: +86 159 8597 3034

ZAI Corporate Finance Limited
(Nomad)
Peter Trevelyan-Clark / Tel: +44 (0) 20 7060
Ivy Wang 2220
Posted at 09/2/2015 15:49 by philjeans
Positive update this afternoon and confirmation of another 4p div - excellent news!

Cash held (with no debt!) now totals £47 MILLION STERLING against £24 M M/C on P/E of 1 !!

BUY. $$$$$$$$$$$$$$$$$$$$


China Chaintek United Co., Ltd

09 February 2015

Press Release 9 February 2015


China Chaintek United Co., Ltd

("Chaintek", "the Company" or the "Group")

Trading Update

Chaintek (AIM: CTEK), the provider of logistics services to manufacturers of consumer goods in China, is pleased to provide the following trading update ahead of the Group's Preliminary Results for the year ended 31 December 2014, which will be announced on Monday, 16 March 2015.

Revenues for the period are expected to be RMB364 million, an increase of just under 4% over 2013 with unaudited profit before tax at RMB287 million anticipated to be a short 1% ahead of 2013, both slightly below market forecast. The Group continues to be highly cash-generative, resulting in an increased cash position at year-end of RMB 472.1 million, after payments in respect of the new transit warehouse facility of RMB 60 million (2013: RMB 319.3 million after payment of RMB 221.0 million in respect of the planned Logistics Park).

The Logistics Services business added six new customers, including Joeone, a Shanghai Stock Exchange listed men's business and casual wear manufacturer, which contributed approximately 1.76% to the division's total revenues. The division itself is expected to show a modest increase of 3.2% in revenues over 2013. The Group has maintained a diversified customer base in its Logistics Services division with the food and building materials industries comprising 23% (2013: 22%) of divisional revenue, shoes and apparel an unchanged 69%, and other categories 8% of divisional revenue.

The Inventory Solutions business is expected to show a 7.3% increase in revenues, despite no new distribution centre being added in the year. The division accounts for approximately 14% of Group revenues.

As announced on 9 December 2014, the Group has exchanged contracts for the purchase of another transit warehouse for the logistics services division, located near the Chaintek head office in Fujian Province and close to a number of factories belonging to Chaintek's major customers. This facility is expected over time to help resolve the capacity issue at Chaintek's current transit warehouse and to avoid increasingly stringent daytime travel restrictions on larger lorries used by the Group's third party transport carriers. Operations at the new facility have commenced, but divisional revenues are expected to remain broadly static during 2015 despite the increase in operational expense. In the longer term, the facility should allow the Group to capture an anticipated increase in demand from the market.

The Board is disappointed not to be able to report any progress in relation to the planned new Logistics Park. As previously reported, structural government changes in China, the formation of new government bodies and their effect on provincial policy mean that the Company is unable to say when the approval process will be completed.

In its Interim Results released on 22 September 2014, the Company announced an interim scrip dividend of 2 pence or a cash alternative of 1 pence per share. The Company expects to declare an unchanged final dividend of 4 pence per share, however, the constituent parts will be determined by the cash commitment incurred by the Group in implementing its growth plan.

Xu Meijin, Chief Executive Officer of Chaintek, said: "The Board is pleased with the continued progress that Chaintek has made in 2014, set against the Company's capacity constraints and the delayed 2015 Chinese New Year. The Group remains focused on expanding capacity and diversifying its customer base. The new transit warehouse facility will help alleviate capacity constraints and maintain the high standards of service that our customers expect. In the longer term, it will help position the Group to capture the anticipated increase in demand for modernised logistics services.

"We understand uncertainties surrounding the construction of the Logistics Park have been a major concern amongst our shareholders. The Group remains committed to progressing this and will keep the market informed as appropriate."

- Ends -

For further information:

China Chaintek United
Co., Ltd
Derrick Wong, Finance Tel: +65 9227 8485
Director Tel: +86 159 8597 3034

ZAI Corporate Finance Limited
(Nomad)
Peter Trevelyan-Clark / Tel: +44 (0) 20 7060
Ivy Wang 2220

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