Advertisement
Share Name Share Symbol Market Type Share ISIN Share Description
China New LSE:CNEL London Ordinary Share JE00B3RWLF12 ORD 0.025P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.025p -2.08% 1.175p 1.15p 1.20p 1.175p 1.175p 1.175p 1,032,409 07:46:38
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 918.3 42.2 10.5 0.1 5.77

China New (CNEL) Latest News

More China New News
China New Takeover Rumours

China New (CNEL) Share Charts

1 Year China New Chart

1 Year China New Chart

1 Month China New Chart

1 Month China New Chart

Intraday China New Chart

Intraday China New Chart

China New (CNEL) Discussions and Chat

China New Forums and Chat

Date Time Title Posts
21/7/201712:18China new energy - CNEL4,293
30/6/201614:06CHINA NEW ENERGY LIMITED - P/E OF 1 - 50% OF CAP IS CASH901

Add a New Thread

China New (CNEL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
13:06:451.1932,000381.44O
12:47:531.17250,0002,930.00O
07:51:381.17156,2501,826.56O
07:36:471.17461,4645,412.97O
07:06:411.20100,0001,200.00O
View all China New trades in real-time

China New (CNEL) Top Chat Posts

DateSubject
21/7/2017
09:20
China New Daily Update: China New is listed in the Alternative Energy sector of the London Stock Exchange with ticker CNEL. The last closing price for China New was 1.20p.
China New has a 4 week average price of 1.15p and a 12 week average price of 1.05p.
The 1 year high share price is 2.05p while the 1 year low share price is currently 1.03p.
There are currently 491,256,350 shares in issue and the average daily traded volume is 520,853 shares. The market capitalisation of China New is £5,772,262.11.
30/6/2017
15:50
aimmafia: Lol itsmyshares.... you have no clue about cnel at all do you.... I've been trading this one for years. This share price won't break 1.6 for the next 3 months
04/6/2017
19:23
georgia08: Copy of email at 5.50 am this morning from nick Many thanks for your email. We agree with you that it is frustrating that the share price didn’t move further as a consequence of winning a significant number of new contracts to add to the COFCO contracts earlier in the year, and the Board is working on a strategy to engage differently with the investor community to deal with this. Regarding your question relating to cash requirements in the business, the way in which customer contracts are set up ensures that revenue needed to build the equipment required to fulfil the contracts is received in a timely manner for the business. From time to time there are delays in staged customer payments so creating a short term squeeze on cash when scaling up to a higher level of business activity – this is being actively monitored by the company management at this time to ensure the financial health of the business. Thank you for your continued interest in the company. Best regards, Nick
04/6/2017
19:22
bobby.ifa: I'm loading up tomorrow as well. This share price must be a steal. I just don't get why it's fallen so low with all the recent contract wins & the fact most revenue's will be recorded this year.
01/6/2017
15:29
john2017: Something not right here in my opinion.Excellent contract news bigger then market cap and share price nearing pre contract price.Talk about distrust of Chinese shares!
22/5/2017
17:44
aimmafia: I think the share price died
02/10/2016
16:11
tidy 2: Good post by bigBitenow lseCnelThe 2015 accounts were negative to say the least such that any investment here was rife with risk.However, given the recent events the investment case at these levels is becoming more and more compelling.Firstly, the company is demonstrating visible improvements in it profitability, having turned a H1 2015 £640,000 loss into a H1 profit of £1.3m profit. That is eye catching.Yes they have a gaps in what they are owed against what they owe their suppliers, but there are signs that they are certainly moving in the right direction.Add to this the fact that the company has managed to increase revenues by 70% and make a net profit of 25% in H1 2016, in a period where oil averaged just $41, is again worthy of note.In addition, whilst more dilution may well be on the way, the company has stated that the capital raise on 9th June was sufficient to cover the next 12 months. I know there were concerns highlighted here on this subject but since Sept 2014 the company has diluted the shareholding by just 13%. Given the environment they have operated in these last 2 years that is again impressive. The main reason for this being that the two lead directors hold some 31% of the company's shares. Therefore dilution will be something they will be wishing to avoid where they are able.The really big positive here though is the Sunbird connection. It would be interesting enough if CNEL just did business with them, but sharing a director makes it all the more so.The two contracts in Zambia and Zimbabwe aren't about the possibility of winning work, they are about Sunbird financing the deals. Sunbird's purchase of 20,000 hectares of land for the cassava farm in Zambia and 40,000 hectares leased from the Mribi Council in Zimbabwe says a lot about where Sunbird believe they are heading.The contracts are each reported to be worth $30m to CNEL over 2 years. If CNEL repeat the net profit margins of H1, then we are talking £5.75m net profit per project. Then there are maintenance and service contracts to negotiate afterwards.If that weren't enough, the Sierre Leone project offers CNEL the chance to take a 5% share in the project but more importantly tender for 'technology and service' contracts. Again with the shared director they look likely to do well on this front, which will drive repeat revenue to underpin the business going forward.With a production of 85m litres of ethanol the plant can even at todays low prices ($1.57 per gallon) generate close to $30m in revenues. At 5% CNEL can secure $1.5m in ongoing revenues, which yet again will give them a secure base upon which to support the business going forward.There are of course risks but for me they are considerably less than only 1 week ago and at £ 7.3m the share price is far too low given the profits alone, nevermind the potential.
23/6/2016
00:16
aimmafia: Cnel: strong buySpreadex ltd are gone. The large trades since 15/6 equal the 17499480 less 1.3m which I can't pinpoint but if they sold over 35m I can't see them keeping hold of such a small amount.I should imagine most of the placing shares have now been bought up.Only 4 sessions left until the 29th which is when, (if the Rns hasn't landed), the real buying pressure will happen.If the share price was going to drop back it already would have after the placing shares were dumped. I think the mm's have actually been quite kind by allowing the placing shares to be sold at a profit, which leads me to believe they are expecting a big surge in volume in coming days.Everything is looking Rosie and I'm looking forward to the coming sessions.Good night all!
13/6/2016
09:35
effiert: Cannot buy online now. can see 4p+ PRIOR to contract news effiert 13 Jun'16 - 07:31 - 3661 of 3661 1 0 edit CNEL- Only 2 weeks to go before the expected $190m contract is signed. CNEL debt free and small market cap! http://uk.advfn.com/stock-market/london/china-new-CNEL/share-news/China-New-Energy-Ltd-Further-re-Update-on-Zambia/71638693
13/6/2016
07:31
effiert: CNEL- Only 2 weeks to go before the expected $190m contract is signed. CNEL debt free and small market cap! http://uk.advfn.com/stock-market/london/china-new-CNEL/share-news/China-New-Energy-Ltd-Further-re-Update-on-Zambia/71638693
02/6/2016
15:54
bobby.ifa: And what if the signature delayed? Take a look at BMR & their protracted dealings in Zimbabwe. CNEL should not have made that RNS & should've let the market look after the share price.
China New share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:41 V: D:20170721 16:57:55