Jarlway Share Discussion Threads

[dibbs] 13/9/2005 22:29

My link not working either! Try click English then approval to enter full English site.

[dibbs] 13/9/2005 22:23

I have just been looking at the website, the link on header did not work for me.
The website seems to have more on it now than before, checkout Interesting announcement from August;

Jarlway Machinery Inc. Won a Tender to Sell Trailer Pumps in Xian

The Northwest Electric Power Construction Co. Ltd. has awarded the tender for trailer pumps to Jarlway Machinery Inc. on 10 August 2005. Jarlway's bid was selected because of the superior product quality, competitive pricing and excellent after sales service. The trailer pumps will be exported for use in construction sites in Calcutta, India. This is one important step forward for Jarlway in trying to expand beyond the domestic market.

Time will hopefully see holders rewarded!

Dibbs

[macca28] 07/9/2005 22:29

JSWJSW:
nice find thanks,

[jswjsw] 07/9/2005 22:21

Broker trading update on Jarlway:
Found this:

Trading in the first two quarters of 2005 was broadly in line with the Directors' expectations. The traditionally slower opening months were followed by an upturn in March. April revenues were maintained by a Rmb 1.9 million concrete mixing station sale, May and June revenues are in line with expectations. The Directors are confident of continued progress in the remainder of 2005 because of customers' increasing awareness of the Jarlway brand name, the enhanced quality of Jarlway PRC's existing products and the launch of more new products to satisfy the different demands of the market.

September statement due? I agree we need news, but this co is just so undervalued on fundamentals, not to mention the 7% depreciation of the £ relative to the Renminbi.

[skandarrgh] 07/9/2005 10:57

Waiting for this to hit 30p, then interest will be reintroduced. Would like to get back in sooner but as macca28 says it is very jittery.

[dibbs] 31/8/2005 22:59

News is the key here IMO. Anything good and the upside is considerable, if they are trading ahead of expectations then the PE with be stupidly low. Current PE now around 5, more than discounts risks. All IMO

Dibbs

[macca28] 31/8/2005 13:20

well i am not heavily involved so will hang on, prospects look good
and its going to climb higher eventually,despite the jitters on no
current news,

[skandarrgh] 31/8/2005 09:57

I don't see anyone picking up on this until it sinks. Glad I sold for no loss on this one, but it looks like it has strong prospects, just wish these were displayedin a confidence in share price.

[macca28] 30/8/2005 16:12

unless they are trying to attract a few trades,
which i must admit have been scarce of late

[skandarrgh] 30/8/2005 16:03

gonna sink all the way to 30p then see a jump later on methinks. Get out now buy in much later!

[macca28] 17/8/2005 09:08

you dont need big trades to make this one move,
there are not a lot of shares in issue,

[skandarrgh] 17/8/2005 08:54

Anyone know why the sudden drop today? Didn't see any big trades

[macca28] 02/8/2005 20:04

Dibbs i see your point, plenty of cheap labour in china,
so losses if any should not be great,

[dibbs] 01/8/2005 23:01

Macca, yes I did mean the thread title, but think you are right that this cannot now be changed, would have to start a new thread!

I have been having a look at other "China Plays" on the market. My knowledge is certainly not exhaustive but I know of the following.

Plenty of natural resource companies not of interest here.

London Asia Capital (LDC) -investing in a wide range of businesses and early stage ventures many in the PRC, objective to list them at a future date, not much valid comparison with JWY.

CYC Holdings (CYC) - similar approach to LDC. CYC helped to bring China Wonder to AIM last year. CYC again not comparable with JWY, but CWO is.

China Wonder (CWO) - The company produces packaging machines for making blister packs for pharmaceutical packing.
CWO is a single focused pure China Play most alike JWY. CWO's results seem confusing to me with the period covered and EPS confused. If CWO made EPS of 1.16p in the quarter then this is 4.6p per annum giving PE 8.7. How do others read these figures?. I'm just trying to make any possible comparison in order to find a value yardstick for JWY.
All IMO, opinions anyone?

Dibbs

[macca28] 31/7/2005 00:02

i read dibbs post as changing this at the top,
Jarlway: A Chinese cracker (JWY)
unless he means welcome to jarlway,

[sranmal] 30/7/2005 12:37

macca - there should be an edit button beside your name (there is on threads I create)!

[macca28] 28/7/2005 22:49

my first thread, theres no edit button on the headline
only taught myself copy paste ect a few weeks ago,
i dont see how i can change the headline,

[dibbs] 28/7/2005 22:28

Macca, nice one. Only an idea but thought that a tad more info in the thread title might give a bit more of an idea on what JWY are about. Jarlway A Chinese construction equipment cracker PE 5.5. Something to show profits and low rating. Like I say only a thought, its your call of course.

Dibbs

[macca28] 28/7/2005 20:49

sranmal
thanks i have put the news up top along with hardman pdf

[sranmal] 28/7/2005 10:58

I don't hold myself, just watching at the moment. There are quite a few "weaknesses" in the HB note, so I may wait until next results to see how progress with these issues is going.

Also got the Olympics in China in a few years (which none of two broker notes seems to mention) - must be a bit of building going on for that!

[sekhmet] 28/7/2005 10:26

Thanks for the link sranmal interesting info.

I watched an article on the BBC a couple of weeks ago which included an article about China's planned future expansion plans. They are planning to bring 350 million people from the countryside into purpose built cities so they can work towards making China the worlds dominant business player. Just think of the amount of concrete this will take to achieve!!! That's like builing cities and towns for nearly 6 times the population of the UK.

This company could be a very good long term play.

[sranmal] 28/7/2005 08:40

There is a broker note for this co from Hoodless Brennan (go to "Market Update", then "HB Latest Research") at:

https://www.hoodlessbrennan.com/index1.htm

[macca28] 28/7/2005 00:02

yes i read that myself, when the market opened there was no 30p to be had,
more like the price it is now, though i do recall one taker at 49p,

[dibbs] 27/7/2005 23:37

Found this, a few days though.

LONDON (ShareCast) - Chinese concrete pumps business Jarlway Holdings made a strong debut on Aim this morning, adding half its value again before easing back to trade more than 25% higher.

The group raised £1.25m from a placing at 30p, valuing the

company at £7.3m.

Jarlway, the holding company for Jarlway Machinery, is among the biggest concrete pump makers in China, with its products used in construction projects throughout the country.

In 2004, it reported turnover of £6.35m and an operating profit before interest and tax of £1.53m.

Over the next three years Jarlway aims to become the second largest player in the domestic market and to widen its customer base by supplying into overseas markets.

[macca28] 27/7/2005 23:08

yes its a funny old market, that thrives on newsflow i guess,
well at least the price has not dropped, lol