China Wonder Share Discussion Threads

[monis] 21/5/2010 16:45

As a guess it's a 50,000 delayed buy imo.

[monis] 21/5/2010 16:26

now up 18.4%

[monis] 21/5/2010 16:23

up again, interesting...

[monis] 21/5/2010 16:12

I would expect to see a delayed buy reported later as that is quite a move up.

[monis] 21/5/2010 16:04

moving up nicely today.

[monis] 19/5/2010 08:45

Anybody wondering why the research on electric bikes / scooters...

this was the news in December.

-----



Investment in Metroelectric plc


TIDMCWO

RNS Number : 5088E
China Wonder Limited
22 December 2009

?
China Wonder Limited


(the "Company")


Investment in Metroelectric plc


China Wonder Limited, the specialist engineering company based in Jinzhou in
China, announces that on 21 December 2009, it agreed to invest GBP200,000 in
PLUS listed Metroelectric plc ("Metroelectric") by way of a subscription for
25,000,000 ordinary shares of 0.1 pence each at a price of 0.8 pence per share
(the "Investment").Dealings in the new ordinary shares are expected to commence
on 29 December 2009. In addition, China Wonder Limited has been granted an
option to subscribe for a further 50 million new ordinary shares in
Metroelectric at a price of 0.8 pence per share for a period of three years from
the date of grant..


Metroelectric is an investment company and has today announced that it has
agreed to acquire the business and assets of Powabyke Acquisition Limited
('Powabyke'), owner of one of the UK's leading electric powered bicycle
businesses, for GBP983,997,which will be satisfied by a cash payment of
GBP120,000 and the allotment and issue of 107,999,640 new ordinary shares of
0.1p each in the capital of Metroelectric at 0.8 pence per share (the
"Acquisition"). Completion of the Acquisition is conditional only on admission
of the new Metroelectric shares to PLUS.


The Company is an associate of Wonder Auto Technology Group ('WATG'), a NASDAQ
listed major worldwide supplier to the automobile industry. WATG is currently
developing a range of electric vehicles and the parties look forward to working
closely on the development of Powabyke's operations, as it seeks to further
expand its business in the key Chinese market.


Both the sellers and China Wonder Limited are subject to orderly market
arrangements for a 12 month period from the date of Admission of the
consideration and subscription shares.


For further information, please contact:

[monis] 19/5/2010 07:43

It's quite clear dyor that these electric bikes and scooters have taken off in China. With the sheer number of people potentially in the market, all good for China Wonder imo.

[monis] 18/5/2010 11:40

I admire your enthusiasm and feedback.

Looking at both it is clear that CWO's turnover has grown lately rather than declined and CWO's P/E is surely very comparable. (edited.)

[themoneymonster2] 18/5/2010 11:31

MONIS, have found a cheaper share than CWO, BVC!

P/E of around 4 and a 5% divi at current 23p! lol

[monis] 18/5/2010 08:52

Electric bikes on a roll in China
February 21, 2010 by Joelle Garrus
Enlarge
A worker stands next to electromotive bicycles at the workshop in Tianjin Hanma Electromotive Bicycle Factory in China's northern city of Tianjin in January. Up to 120 million e-bikes are estimated to be on the roads in China, making them already the top alternative to cars and public transport, according to recent figures published by local media.
Chinese commuters in their millions are turning to electric bicycles -- hailed as the environmentally-friendly future of personal transport in the country's teeming cities.

[monis] 18/5/2010 08:48

Interesting and very relevant article, all bodes well for China Wonder imo.





Page last updated at 10:45 GMT, Thursday, 22 October 2009 11:45 UK
E-mail this to a friend Printable version
China's march towards green revolution


Targets Gold rush Green tower Two wheels Old ways

BBC environment analyst Roger Harrabin reports on how a push toward electric scooters in one Chinese city could be a bellwether for a global revolution.
The incredible limestone karst pinnacles of Guilin are indeed a wonder of the planet.
I am still shaking my head in disbelief at this freak of nature.
But the world may owe another debt to this remarkable city by helping to popularise the electric scooter.

Battery-powered motor scooters are popping up in cities right across China. But in Guilin, they have been given an extra boost by the decision of the local authority to stop issuing licences for conventional motorbikes, which were sullying the city's green reputation with their pollution and noise.
As a result, most of the powered two-wheelers in Guilin are now silently electric - sometimes alarmingly so, as I discovered while turning to cross the road.
Air pollution has been reduced at a two-stroke, and there's also a bonus cut in greenhouse gases.
As the UK government's chief energy scientist David MacKay shows in his recent book, it's better to run vehicles on electricity than petrol even if the power is generated by coal.
That's because electric motors are so much more efficient than internal combustion engines.
A simple change in regulations in just one large city can make a small difference in terms of orders and production for a clean technology like this. As production volumes increase, prices come tumbling down.
Cycle swap
If locals in Guilin are determined enough to buy a petrol scooter, they can still scam a licence from a friend in the county area. But now most wannabe two-wheel speedsters are choosing electric scooters because they are cheaper to buy and to run.
My guide in the city Joy Hu told me he bought his scooter because it was good for the environment, easy to ride, and cheaper to buy and to run than a petrol model.
But he confessed that for almost all other riders, the price was the only significant factor. He said you could now buy scooters in the town for £450-£500. Charging them overnight gives you enough power to do anything you needed to do in the day for much less than a tank of petrol.

Micro minibus encouraged by local government in pollution-conscious Yangshuo
China's population is so vast and demand is so huge that it is surely just a matter of time before the prices for electric scooters are driven so low that they are commonplace around the world.
A couple of caveats though: the Chinese government is not quite as omnipotent as it often appears from abroad.
The provinces have enormous influence and politicians do all they can to protect their local industries regardless of the wishes of the state. So we can expect that the areas that manufacture dirty, noisy old bikes will try to find a way to keep them for a while.
The second caveat goes deeper. Greens may enthuse about the rise of electric vehicles but Wan Li , my interpreter in Yangshuo near Guilin, told me almost all of the scooters in the region were being driven by people who had given up their pedal cycles.
This has implications for health policy as the Chinese increasingly eat a more Western-style, high-fat diet.
It also has emissions consequences if low-pollution electric bikes become so cheap that they replace not just high-pollution petrol motorbikes but zero-pollution bicycles as well.
"In 30-40 years' time I don't think anyone will ride a bicycle in China," opined Mr Li. "Everyone will want to have a car."
Of course, his prediction may be wrong: in developed countries some people who can afford a car still choose to cycle. And there are other factors - like lack of space - which will restrict limitless ambition for mobility.
But it is a sobering thought that the world needs to generate enough energy and create enough pollution-absorption room in the atmosphere to cope not just with current demand, but with the future demands of nine billion of us.

[monis] 18/5/2010 07:57

What seems evident is that a lot of financial sites don't update their figures straight away for the smaller companies so i would say it will take a few days for China Wonder's good results and new ratios yesterday to appear on peoples systems. imo.

[monis] 17/5/2010 15:44

For research purposes the following websites are useful imo dyor.

[monis] 17/5/2010 12:09

Interesting. The other argument is that is could break out and create a new high. With down side risk limited to the present uptrend imo.

[monis] 17/5/2010 11:33

andonis - The recent stake in metroelectric looks very interesting as well.

[andonis] 17/5/2010 11:29

This should peak for now June 1st-ish so you need to be vigilent if this suits one to offload some but imo also long term this is good chartwise, have not seen the fundies not that I believe in them lol

[andonis] 17/5/2010 11:23

I am not holding, was out of this long ago......Just curious. But chart looks good again if you are prepared to hold.

[andonis] 17/5/2010 11:22

I rememer this when it was launched.... Yes that long back. Then it got hammered....


free stock charts from www.advfn.com

[monis] 17/5/2010 11:19

andonis - welcome back!!

[monis] 17/5/2010 11:17

monster- Yes I have been here for a long time and the results get better and better and they are still undervalued. imo

[andonis] 17/5/2010 11:17

Hello here! What do we have! China Wonder doing well! Long time this has been asleep...chart looks good!