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ZTC Ztc Tele.

2.75
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Ztc Tele. Investors - ZTC

Ztc Tele. Investors - ZTC

Share Name Share Symbol Market Stock Type
Ztc Tele. ZTC London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 2.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
2.75 2.75
more quote information »

Top Investor Posts

Top Posts
Posted at 23/3/2008 14:20 by papalpower
One of the concerns for any China based company (or one that relies on China manufacturing to some extent) is the fact that Chinese inflation is rampant, and costs are rising very fast, not only your standard items affected by day to day inflation, but very fast rising labour costs to as wages rise and demands for higher wages gains momentum.

Inflation in China could be a detrimental point to performance on many companies, whether that is minimal or signficiant will be on a case by case basis, only possible to be seen as interims and prelims keep coming through.

Always worth considering, and not just ignore it, it has the potential to cause some upsets.....maybe not this stock though, who knows.




China Moves to Stem Inflation and Calm Investors

By DAVID BARBOZA

Published: March 19, 2008

SHANGHAI - Stock prices plummeted in China on Tuesday over inflation fears and growing concerns about the ripple effects of an economic slowdown in the United States. Showing its determination to hold down prices, the Chinese central bank then moved to tighten lending.

Shares on the Shanghai Stock Exchange tumbled nearly 4 percent, with the composite index ending at 3,668.90. The index is down nearly 40 percent from its record high last October. The fall in the Shenzhen composite index was even steeper Tuesday - off 6.6 percent, to close at 1,082.28.

Shares appeared to be recovering somewhat in early trading on Wednesday, after the United States central bank cut interest rates in a bid to rekindle growth.

In Hong Kong, shares rose on Tuesday by 1.42 percent. Other Asian markets, including Japan, Taiwan, South Korea, India and Indonesia, also rebounded modestly after a sharp sell-off Monday. Some of those markets appeared to be extending those gains on Wednesday.

The Tuesday sell-off in China came after Prime Minister Wen Jiabao said at a televised news conference on Tuesday morning that inflation this year would probably exceed the government's target of 4.8 percent, after a sharp rise last year. Continuing inflation is regarded as a sign that the Chinese economy may be overheating.

Officials in Beijing now say that fighting inflation is the government's top priority. That could mean raising interest rates, a step that often.....................
Posted at 26/3/2007 09:03 by canny lass
I am a Cassian investor and welcome the move. At least, finally after 6 years plus, i am now able to trade the shares. Still holding at moment hoping for something better.
Posted at 15/3/2007 16:16 by longtech
As you know, the bulk of the money invested in ZTC comes from the Concert Party investors, with a 74.72% stake.
This may increase to 78.53%, if a further 15 million shares are issued.
These will be issued to the Concert Party if ZTC's profits exceed 35 million Remimbi for the year ending 30th June 2007.
I'm guessing they anticipate profits will easily exceed that figure.
The Cassian Directors holding 2.55 million shares - 1.1%.
That leaves Cassian Investors with a little over 20%
24.18% reducing too approximately 20.5% * (that second figure is not exact, as the Cassian Managements stake also decreases).
* In the event the extra 15 million shares are issued.

I am confident we will see a favorable reaction on admission next week.
It is Profitable and growing fast.

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