Asia Ceramics Share Discussion Threads

[hazl] 27/7/2012 05:29

however things on the ground still look weak

[hazl] 26/7/2012 13:58

OT
A strange trade in aau on the 25 th of over 5 p a share
wonder what thats about? present price is under half of that.

[hazl] 25/7/2012 14:21

'It is unavoidable that wages will increase in China with the country's rapid economic development and attempts to hold back wage growth will only delay future economic growth by deflating consumption. Also, the favorable treatment many foreign companies received created an unfair business environment which stymied domestic cmpetitors'

[hazl] 25/7/2012 08:10

I find useful clues to the future macro situation
in announcements such as this morning from Johnson Matthey JMAT

Outlook

'Looking ahead, whilst visibility remains low, demand for the group's products is steady with growth in North America and Asia offsetting softer European markets. If market conditions and precious metal prices remain as they are today, the outlook for the group in the second quarter of 2012/13 is expected to be broadly similar to that of the first quarter. For the year as a whole, we expect that growth in Environmental Technologies and Fine Chemicals Divisions will be offset by continued weakness in Precious Metal Products Division."

clearly visibility is low for many of us but there remains rapid change in the markets,with much volatility imo

[hazl] 24/7/2012 07:10

JustinYifu Lin
was Senior Vice President of World Bank


from

[hazl] 23/7/2012 10:56

very interesting indeed imo

[hazl] 22/7/2012 11:47

I think its going to have to concentrate more on the domestic market in China

[hazl] 21/7/2012 17:23

'Obviously, under the guidance of the government plus the yearning for harmony between man and nature, Chinese consumers will have growing environmental awareness. The trend is that they will take the initiative to purchase low-carbon products.

At the same time, Chinese enterprises are actively engaged in low-carbon practice. In the field of building materials, Chinese enterprises not only carry out energy-saving and emission-reducing practice during production, but also vigorously pursue "low-carbon" with the products. For example, ceramic manufacturers make thinner tiles or use waste/slag to produce light-weight tiles. Some also try to make solar ceramics. Functional products featuring heat preservation and energy saving are attracting more attention. Bathroom products manufactures are attempting to make products featuring larger water conservation and higher intelligence.

What needs to be emphasized is there will be 7 new national standards to be implemented second half of 2011 in building and sanitary ceramic industry. One of them is the standard on water-saving sanitary ware. As it has been known, those standards have been passed by National Standardization Technical Committee of Building and Sanitary Ceramics and planned to be executed in second half of 2011.

To sum up, all products and equipment featuring resource reservation will be popular in China.

[hazl] 20/7/2012 12:56

Outlook
(06/06/2012) "...the board remains confident for further growth in the current financial year"

[hazl] 15/7/2012 12:51

Interesting article in todays Sunday Times' Business
entiled Asean Inc:tiger pack beween India and China.
'In the Heritage Foundation's index of economic freedom.....Singapore ranks number 2 in the world but Vietnam languishes at 115 and the military-crony economy in Burma comes in at 174.The wealth gap is even wider.There is a sense of opimism,too,that southeast asia can grow despite the recessions in the West and a slowdown in China.Generally more optimism in asean'

[hazl] 08/7/2012 12:46

The Swiss private bank Lombard Odier having been bearish on chinese stocks
for the last two years, is now suggesting it might be time to buy in cautiously it seems, according to an article by John Stepek.
Moneyweek has had a positive article on India.
While everybody is bearish at the present time its interesting sometimes to have a contrary view. imo
Though 65% of ACHP s sales are in Far East ,Europe S America apparently.

[hazl] 06/7/2012 16:52

According to morning star


Financials


Annual
2009 2010 2011
More ...
Income Statement
Turnover - 0.71 4.25
Operating Profit - -0.50 -0.20
Net Profit - -0.46 -0.23
Reported EPS - -4.49 -2.17
Balance Sheet
Current Assets - 1.04 2.03
Non Current Assets - 0.11 0.24
Total Assets - 1.15 2.28
Current Liabilities - 0.14 1.72
Total Liabilities - 0.64 1.89
Total Equity - 0.51 0.39
Cash Flow
Cash From Operations - -0.59 -0.54
Change in Net Cash - 1.75 -0.17
Broker Forecasts


showing increase in turnover and eps

[hazl] 05/7/2012 13:33

'Review for the year

The Group is an early stage business with its head office in Foshan, Guangdong. It was established to distribute and sell ceramic wall and floor tiles, sanitary ware products and other home improvement products in China. The Group's strategy was to initially establish its own retail stores together with a chain of franchise outlets within two years of Admission. The Group currently operates three of its own stores, one of which is in Hong Kong.

As previously announced the Board has decided to establish a wholesale division in China to service the domestic property market. It was also previously announced that an export division was being set up to focus on sale of ceramic products internationally.

During the year under review, export sales has attributed to approximate 65% of the total turnover of the Group mainly to Far East, Europe and South America. '

[hazl] 04/7/2012 13:55

warning, though, this share may be illiquid as there are quite a large percentage
not in public hands.imo
was 75.49% not in public hands in 2010 but there have been some changes on 28 March this year and directors buying in January,so unsure where that leaves us?

[hazl] 04/7/2012 13:39

asian ceramics holdings NO LONGER HOLD
ACHP








china may go through its ups and downs but we are aware each of us
how they are going to be the power of the future.
Asian Ceramic Holdings,has I feel a good product for both the domestic market
and abroad for sales in everyday sanitary ware products....hand basins,ceramic tiles and the like.
It was admitted to aim on 6th September 2010
'The Group was established in July 2010 to distribute and sell ceramic wall and
floor tiles, sanitary ware products and other home improvement products into the
domestic market in China. The Group's strategy is to establish its own retail
stores together with a chain of franchise outlets initially in first tier and
major Chinese cities within two years from Admission. The Group has recently
opened its first two retail outlets in Foshan and Hong Kong which started
trading on 18 and 20 July 2010 respectively. On 2 August 2010, the Group
completed a private fundraising and raised GBP1 .20 million gross of expenses
and on 18 August 2010 Dr Dingxin Pu, the Chief Executive Officer, provided a
loan of GBP500,000 to the Company. The head office of the Company is in Foshan
City, Guangdong Province, China. Foshan is the eleventh largest city in China in
terms of gross domestic product and the main city in China for the production
and distribution of building ceramics both domestically and overseas.' imo