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ACHP Asia Ceramics

37.50
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Asia Ceramics LSE:ACHP London Ordinary Share JE00B3PVQ001 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 37.50 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Asia Ceramics Share Discussion Threads

Showing 26 to 43 of 1800 messages
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DateSubjectAuthorDiscuss
15/8/2012
14:59
CHAIRMAN'S STATEMENT



I am pleased to report strong growth in revenue, which has been driven in particular from the export division.

Group sales in the six months ended 30 June 2012 amounted to £5.8m compared to £0.6m for the corresponding period in 2011 and profit after tax for the period amounted to £0.2m.



The Board remains confident that further growth in export sales will be achieved in the second half of the year and

I look forward to reporting further progress in my statement at the year end

hazl
12/8/2012
17:02
reinforcement of the last post from the telegraph two articles showing that perhaps China may not have a hard landing


'
Among the gloom, Rio Tinto stood out somewhat as offering a more upbeat assessment of the situation compared to some.

The FTSE 100 mining giant, which focuses on the steel-making ingredient iron ore, predicts a pick-up in China at the end of the year, as state stimulus measures feed into infrastructure investment.

In the longer term, Vivek Tulpulé, Rio Tinto's chief economist, admitted that the transition is "unlikely to be smooth" as China moves away from growth based on investment, towards growth driven by its consumers.'

hazl
09/8/2012
08:03
slowdown not yet it seems?
hazl
06/8/2012
14:33
another company that I have an interest in
hazl
06/8/2012
07:49
'As recently as a few years ago, American manufacturing was in full retreat. It had shed jobs almost continuously from 1998 to 2010, first because of outsourcing to places like China, then because of collapsing sales of cars, appliances, furniture and houses during the recession.

Car sales have since rebounded nicely, and house sales are crawling off the bottom. Meanwhile, a falling dollar and restrained pay-scales in America have combined with rising wages in China to make outsourcing less attractive. A few companies have even brought jobs back to America. Manufacturing employment has risen steadily for two years now.'

'In hopes of replicating the model abroad, Ethan Allen has changed its chairs, beds and tables to give them international appeal, in particular in China, where it has opened 25 stores in the past year (to make 69 in all). Chinese customers, the company thinks, will be willing to pay a premium for American style and quality.'

hazl
03/8/2012
05:42
'http://emergingmarkets.ey.com/slowdown-in-rapid-growth-markets-to-be-short-lived/


'LONDON, 11 July 2012 – Economic expansion in the 25 leading rapid-growth markets (RGMs) has started to slow sharply since the beginning of this year but this will only be a temporary blip according to Ernst & Young's quarterly Rapid-Growth Markets Forecast (RGMF) released today.

RGMs, particularly in Asia, have the necessary tools available to ease both fiscal and monetary policy allowing growth to resume towards the end of the year.

Even with a slowdown in growth, RGMs are likely to weather the Eurozone crisis and will remain the engines of global growth. GDP is forecast to expand by 4.9% this year in stark contrast to the 0.6% contraction, at best, that is expected in the Eurozone. Output in the RGMs is expected to continue to pick up by 6% in 2013 and 6.5% in 2014.

However, there is a mixed picture emerging across the world. Asia and Africa continue to remain resilient but Central and Eastern Europe and Latin America are hindered by the slow growth in their key export markets of the Eurozone and United States respectively. If the Eurozone were to fall further into recession, RGMF predicts that the Czech Republic and Poland would be pushed into recession, with Hong Kong and Malaysia also hit hard due to their dependence on global trade.

Carl Astorri, Senior Economic Adviser to Ernst & Young's Rapid Growth Markets Forecast explains, "The RGMs are well placed to weather the major risks facing the global economy at the present time, given that they have the space to relax fiscal and monetary policy. This has already happened in some RGMs including in all of the BRICs. It is likely that there will be further easing of monetary policy in the months ahead, particularly if the global economy deteriorates further."

Alexis Karklins-Marchay, Co-Leader of the Emerging Markets Center at Ernst & Young comments, "Although slower expansion in the rapid-growth markets is likely this year it will only be a blip and we will see a return to significant growth towards the end of the year. Soaring domestic demand in economies starved, for some time, of investment and consumption will offer business exciting new markets for goods and services in the years ahead."

hazl
29/7/2012
21:02
'Moreover, China's fickle consumers are unlikely to warm to all brands equally and may grow pickier as the Chinese economy is forecast to experience its slowest growth in 13 years in 2012.

"Whether they succeed will depend on their product. If their product can justify their pricing, if it's distinctive enough, it has the potential to do well," says Ms Kunde.'

hazl
29/7/2012
08:26
in the interests of balance
hazl
28/7/2012
09:55
perhaps a distraction technique from what is going on externally and internally in domestic terms in China.Short term, clever tactic however long term may make problems....intentionally escalating conflict.imo



noises in background but worth listening to
buy the renimbi is the message here I think
imo

hazl
27/7/2012
04:29
however things on the ground still look weak
hazl
26/7/2012
12:58
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
13:21
'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
07:10
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
06:10
JustinYifu Lin
was Senior Vice President of World Bank


from

hazl
23/7/2012
09:56
very interesting indeed imo
hazl
22/7/2012
10:47
I think its going to have to concentrate more on the domestic market in China
hazl
21/7/2012
16:23
'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
11:56
Outlook
(06/06/2012) "...the board remains confident for further growth in the current financial year"

hazl
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