Auhua Clean Share Discussion Threads

[andysand] 22/10/2015 13:32

Ha ha. It will be back at 2 before the end of the day! Just the usual pump and dump. Funny:)

[blueball] 22/10/2015 11:30

Careful now.

[1ravls] 22/10/2015 10:03

Now comes the dump.

[1ravls] 22/10/2015 09:59

China fraud avoid like the plague

[1ravls] 22/10/2015 09:42

Beware twitter gang raaaaaamping ACE to the heavens...

[quinan] 21/10/2015 19:31

looking over the last set of results the company are doing very well in a challenging market, yes we they have offerd their larger clients longer to pay, which must have come with security's of payment. These clients must be trustworthy also the company has give a very upbeat half year statement probably the best half year statement I have seen on AIM compered to its share price IMHO many have been spooked out of he china market BUT this is sill the fastest groining market even with the slowdown (which was inevitable)

WHY is this company only valued at £2.4mln when it has A VERY healthy order book and cash to hand???

[andysand] 18/10/2015 21:36

Good luck with that. It's way over my tolerance for risk and I wish you well.

[johndee] 18/10/2015 14:55

A de-listing can be good. Can be a multi bagger after wards. Look at Reflec, delisted at £50 a share and now £300 a share and paying dividends.

[andysand] 15/10/2015 23:35

It is make or break for two reasons. At the moment, that "revenue" is nowhere to be seen. It is merely invoices that are unpaid "receivables". These receivables make up over 100% of turnover according to the accounts. The second is the resignation of the chairman.And just for good measure, let's have three reasons. The company is running low on cash and the share price is trashed. What would be their reason for maintaining an AIM listing?Sure, if all these things get resolved, you will have a multi bagger ("make"). If not, you may lose 100% on a delisting. As I said, make or break.

[quinan] 15/10/2015 18:34

I have re-read the results and see a very positive upbeat statement.

Revenue remained stable GBP 12.1 million

Order book increased by 67% GBP 13.9 million

Gross profit remained stable at GBP 5.3 million

Net profit before tax remained stable at GBP 2.6 million

Net assets increased by 21% to GBP 29.7 million

Cash balances dipped to GBP 3.8 million

Earnings per share at the half year GBP 0.02

So I am at a loss as to why you think this is make or break, the current share price does not even cover the cash in bank let alone net asset worth and profit.

[andysand] 15/10/2015 15:00

Maybe. Doing well today. I have been out for a while now as I am afraid of suspension. the resignation of the chairman didn't help either! This is a make or break share. I wish I had the time to fly out to China and see what is happening in the factory!

[skier100] 15/10/2015 14:11

This one looks way oversold and due an upward correction.

[andysand] 05/10/2015 14:18

These shares are being accumulated. We will find out who by this week.

[davidosh] 04/10/2015 00:10

Worth reading this analysis of China based UK listings....

[andysand] 03/10/2015 22:59

TW being sued. He's not saying who by yet. There's a lot of choices!

[andysand] 02/10/2015 09:35

I have been digging around into the way business is done in China. This has convinced me that Auhua is not at all suspicious and nothing underhand is taking place here.Receivables on the books is a problem all across China with companies big and small. It has a lot to do with the central bank tightening too much a few years back to control a property bubble. However, they are now easing pretty fast. Just yesterday they relaxed mortgage lending further and this will continue. There is risk here of course. But it is most certainly in the price! The market has over reacted to the downside by an extreme margin. I think there is a fair chance that there will have to be some write offs in the future. However, by concentrating on large building companies only, they are limiting any future problems. I think they are being wise here.I am betting that China will continue to ease monetary policy and may well speed up the easing as a housing bust will be the last thing they want. All of this means that the eventual rewards should be extraordinary. But it might take a little while. But not as long as you might think. The market prices for the future so we need to see more easing and maybe even some quantative easing from PBC. This wouldn't surprise me in the least. Once the easing reaches a tipping point, the shares will fly. I am still predicting a minimum of 20p at them moment. The re-rating could start tomorrow or one day next month. There is no way to predict this. And for that reason, I will be staying in as I know that if th shares rose 50% one day, I would by unlikely to buy back in. No, better stay put and wait. Hopefully, the wait won't be too long.

[andysand] 30/9/2015 17:00

Nowhere today. Yep. But there is plenty of time for a fantastic rise in the future. Tomorrow? Maybe. Next week? Maybe. I have no crystal ball sadly.

[johndee] 30/9/2015 13:03

This is obviously going nowhere.

[photon] 30/9/2015 13:02

This is an interesting situation. There is clearly heightened risk associated with the increase in trade receivables and longer credit terms being provided to customers. However, this looks to be thoroughly priced in already. If that situation was to remain stable or improve, thus resulting in no further need to raise funds in the capital markets, these shares look remarkably cheap.

[newvest1] 30/9/2015 12:02

Small top up for me 25k and average down from 3p all good

[johndee] 30/9/2015 11:54

It has dropped from near 5 pence recently though.