||ORD USD0.0010 (DI)
||EPS - Basic
||Market Cap (m)
Real-Time news about China Chaintek (London Stock Exchange): 0 recent articles
|rugby: This scammer was ramping NBU saying it had earnings of 55p per share.
It actually had earnings per share of zero and was suspended shortly after !!!!!!!!!
CRIMINAL RAMPING IN OPERATION BE WARNED!!!!!!!!!!!
NBU- 08:43 - 721 of 1458 0 0
Earnings per share last year; 55p.
Current share price; 50p.
|m.t.glass: dvi - the upturn you noted a month ago came to nowt. Share price back into a downward channel. Now 70% below its ipo price.
Reasons for selling are obvious enough. What are the reasons for investors to consider buying?|
|m.t.glass: dvi - I use tiered bets - stake split into small bets, with separate stops on each, at differing distances. So any move against me triggers a small reduction of stake, gradually exiting step by step if the move continues. So my downbet still exists but is smaller. If the price bounce continues steadily my remaining bet will softly close itself. If the share price jumps sharply my entire bet will close.|
|m.t.glass: Good luck to those who view each new fall as an ever cheaper buying opportunity. I increased my downbet (earlier reference on (DOWN) thread). Share price rallied a wee bit ahead of the September 22 results but has since dropped back beneath the previous low and resumed its fall. Shares have lost half their value in the last 6 months, down over 70% on a year ago and by more than 20% from that pre-Results optimistic upkick 3 weeks ago.|
|chevalierdaven: CTEK share price heading south, looks like CTEK is tarred under the same brush as NBU, and CAMK....could they deserve more credit?
It may scare some that they operate from the same Fujian province, and they have used Zedex as an advisor for the London floatation like NBU and CAMK, but then Zedex also got PMHL listed and it is perfectly run, respectable and profitable company. Some international business success stories are also found in Fujian (Xtep, Anda Sports...).They are great entrepreneurs, not all crooks.|
|deepvalueinvestor: It wasn't a proper placing, just an institution wanted to get rid of 250k shares so I and the big buyer recently (no idea who they are) bid 80p and took the stock. It is encouraging that the share price hasn't moved lower but only when WINs are not offering stock at 92p will I feel that the bottom has been reached. This is going to be driven by fundamentals so results in September will be a further confirmation that we are sitting on an interesting and very undervalued company.|
|davidosh: DVI...Was there a placing today then ?
It is ridiculous how all these seed investors just dump at ever decreasing prices ! I would not have confidence buying here until there is 100% guaranteed evidence that the last Chinese investor that gained shares pre float has left the company register. As each time there is a placing that knocks another 30% off the share price. I have never seen a placing done at a premium here and the share price was £2.28 when they did the first heavily discounted one..|
|danieldruff2: I'm sure it has - last time there was a load let go at 140p, a significant discount to the share price at the time. I think they went to institutions. I suspect the same has happened again, once more requiring a big discount to the listed price to take the shares on. I am unsure if all the seed investors are out - does anybody know?|
|grahamg8: Muted so far. Cash inflow from operations before tax RMB285.7m (2012 237.0m). Cost of 6p divi is just RMB22.7m. If it wasn't Chinese the share price would be far higher. True sales growth nearer to 9% than 3% due to changes in the tax system.|
|stuffee: Pretty grubby behaviour by Board and Liberum, CTEK's brokers today.
In spite of 35% share price fall early this morning, which certainly spooked the market, no prompt announcement made of reason (as required by market rules for any substantial share price movement), until 1639. It now appears fall due to certain early stage investors dumping shares in a thin and sensitive market yesterday, possibly through a mishandled placing. Instead of trying to restore confidence in such a nervous market today by immediate announcement of reason for fall, first thing this morning, certain London based non-executives first helped themselves to cheap stock at 140p today and THEN announced they "continue to view future with confidence" etc after market close at 1639 today, even expressing thanks to the selling investors etc!
Non-execs are meant to act in the interest of the company and NOT personally deal ahead of a price sensitive announcement.
Liberum, as the company's broker, should have controlled this and insisted on announcement re trading etc this morning BEFORE any directors' dealings.
Today's unnecessary trashing of the share price and the directors' behaviour will have sadly damaged the reputation of a potentially interesting investment.|
China Chaintek share price data is direct from the London Stock Exchange