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
  +0.00p +0.00% 1.50p 1.45p 1.55p 1.50p 1.50p 1.50p 101,410.00 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Alternative Energy 644.5 -276.2 -67.9 - 6.67

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Date Time Title Posts
29/11/201609:23China new energy - CNEL3,924.00
30/6/201613:06CHINA NEW ENERGY LIMITED - P/E OF 1 - 50% OF CAP IS CASH901.00

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China New (CNEL) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:07:541.4690,0001,314.00O
08:47:381.465,10074.46O
08:24:541.466,31092.13O
06/12/2016 16:08:491.4689,4491,305.96O
06/12/2016 15:00:031.4717,419255.19O
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China New (CNEL) Top Chat Posts

DateSubject
07/12/2016
08:20
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 1.50p.
China New has a 4 week average price of 1.53p and a 12 week average price of 1.58p.
The 1 year high share price is 3.93p while the 1 year low share price is currently 0.95p.
There are currently 444,447,541 shares in issue and the average daily traded volume is 214,223 shares. The market capitalisation of China New is £6,666,713.12.
02/10/2016
15:11
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
19:32
annonymous2: bobby Your comment will apply to every stock and thread on every bulletin board. What is wrong with guessing what might happen. Nobody possesses a crystal ball to know exactly what will happen so we have to guess/estimate. Cannot see it putting off anybody. If the boss of the company is telling the truth there is a big Rns coming in the next 7 days which should do the share price well.
22/6/2016
23:16
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
08:35
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
06:31
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
14:54
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.
29/5/2016
20:32
zac_mo: If confirmation is given what sort of share price are people thinking. 10p/15p?
24/11/2015
10:25
tobytime73: Cash 6 lots of news due most of them very soon. if the project come in as expected i can see 5p here short term. Have a look at climate changes posts on LSE for detailed numbers. Short term potential here is enormous. 6 pieces of news due at CNEL. Most immenant and transformantional to the share price. Nigeria - final certificate occupancy from the minastry of agriculture and rural development which is due iminantly. Zambia - cnel is confident about tendering for part of the business (bio plant) in in due course . Zimbabwe - mou signing , project design by Feb 2016 and financial closure for the project q1 2016 . Hungary - 26% stake still available at the first plant (150,000 litres a day ) + Helveciae which is the 2nd bio plant where Cnel has won the contract for , it will produce double the amount of the first plant (300,000 litres a day) . Thailand - UBE commissioned a 2nd bio plant , UBE doing environment impact assessment and expects to gain regulatory approval and commence the project in 2015 (WITHIN 4/5 WEEKS) China - research and development of 2nd generation bio plants . This project alone is said to be worth $150m!! and is due in the next few weeks. CNEL market cap only £7m and BOD own 35% of shares "Update re: agreement for bioethanol plant in Zimbabwe Further to the announcement of 16 October 2015, China New Energy Limited is pleased to advise that the Company will be traveling to Zimbabwe and attending the Forum on China-Africa Cooperation summit in Johannesburg in December 2015. It is intended that the Company will enter into the non-binding MOU with Sunbird Bioenergy Africa Limited and the Republic of Zimbabwe during this period. The Company will update the market further in due course
24/11/2015
08:24
tobytime73: going up with hardly a mention here or on the thread. 6 pieces of news due at CNEL. Most immenant and transformantional to the share price. Nigeria - final certificate occupancy from the minastry of agriculture and rural development which is due iminantly. Zambia - cnel is confident about tendering for part of the business (bio plant) in in due course . Zimbabwe - mou signing , project design by Feb 2016 and financial closure for the project q1 2016 . Hungary - 26% stake still available at the first plant (150,000 litres a day ) + Helveciae which is the 2nd bio plant where Cnel has won the contract for , it will produce double the amount of the first plant (300,000 litres a day) . Thailand - UBE commissioned a 2nd bio plant , UBE doing environment impact assessment and expects to gain regulatory approval and commence the project in 2015 (WITHIN 4/5 WEEKS) China - research and development of 2nd generation bio plants . This project alone is said to be worth $150m!! and is due in the next few weeks. CNEL market cap only £7m and BOD own 35% of shares "Update re: agreement for bioethanol plant in Zimbabwe Further to the announcement of 16 October 2015, China New Energy Limited is pleased to advise that the Company will be traveling to Zimbabwe and attending the Forum on China-Africa Cooperation summit in Johannesburg in December 2015. It is intended that the Company will enter into the non-binding MOU with Sunbird Bioenergy Africa Limited and the Republic of Zimbabwe during this period. The Company will update the market further in due course."
23/11/2015
17:33
tobytime73: going up with only a few posts on the thread. Very bullish as it shows there is little hot money here 6 pieces of news due at CNEL. Most immenant and transformantional to the share price. Nigeria - final certificate occupancy from the minastry of agriculture and rural development which is due iminantly. Zambia - cnel is confident about tendering for part of the business (bio plant) in in due course . Zimbabwe - mou signing , project design by Feb 2016 and financial closure for the project q1 2016 . Hungary - 26% stake still available at the first plant (150,000 litres a day ) + Helveciae which is the 2nd bio plant where Cnel has won the contract for , it will produce double the amount of the first plant (300,000 litres a day) . Thailand - UBE commissioned a 2nd bio plant , UBE doing environment impact assessment and expects to gain regulatory approval and commence the project in 2015 (WITHIN 4/5 WEEKS) China - research and development of 2nd generation bio plants . This project alone is said to be worth $150m!! and is due in the next few weeks. CNEL market cap only £7m and BOD own 35% of shares "Update re: agreement for bioethanol plant in Zimbabwe Further to the announcement of 16 October 2015, China New Energy Limited is pleased to advise that the Company will be traveling to Zimbabwe and attending the Forum on China-Africa Cooperation summit in Johannesburg in December 2015. It is intended that the Company will enter into the non-binding MOU with Sunbird Bioenergy Africa Limited and the Republic of Zimbabwe during this period. The Company will update the market further in due course."
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