China Biodiesel Share Discussion Threads

[campomar2] 07/7/2009 08:02

Still only valued at £2.5 million, with £20 million assetts and very low debt. Had EPS of 10p a couple of years back, since then has increased capacity to 100 million tonnes. Well positioned for a recovery in Chinese economy which has already begun according to last months update.

[campomar2] 07/7/2009 08:00

Theres been good buying in the last 2 weeks, icluding Friday when 1/2 million went through all buys. Mark up yesterday may indicate seller has finished, or nearly finished. This seems to have been left behind and overlooked since the market recovery since March and is vastly underpriced.

[qipincha] 06/7/2009 21:44

more buy in today.
the share price should go up more

[mikeja] 03/6/2009 16:03

Lonrho,bt 100k yday and 100k at 7.44 this am.

[mikeja] 03/6/2009 16:00

woracle,have been on mkt 50 yrs,how johnny come lately is that?.With judicious gearing have multipled money x25 this yr,hope you are also doing well.Incidentally weren't you the one who called my suggestion to hedge £ against RMB at 10.55 stupidest thing you had ever heard?Now 11.20

[campomar2] 03/6/2009 14:03

The awakening. Goodness me is this about to come alive? Looks dirt cheap to me.

[howdlep] 03/6/2009 11:18

Yep bigger than a multiple of the NMS (is it 5x or 6x I forget) are delayed by an hour.

[woracle] 03/6/2009 11:05

howdlep, in my experience, large trades I have done bigger than NMS are not always reported immediately..

[howdlep] 03/6/2009 11:03

No Plus trades. Large completed trades ought to appear straight away.

[woracle] 03/6/2009 10:51

large trades dont have to be published in real time and maybe its on PLUS ? Anyway from what I have seen, mikeja is a johnny come lately trader with ramping and deramping agendas..his words, buys and sells mean nought to me.

[lonrho] 03/6/2009 10:44

some buy trades not showing, mikeja on the haik thread bought 200k at 5.5p and no sign of it in the trades.

[woracle] 03/6/2009 10:43

I was starting to get concerned that feedstock prices have risen again but good to know the demand is returning and there is a level of pricing power in BII. Will be interesting to see margins in next figures. Cautiously optimistic.

[howdlep] 03/6/2009 10:40

Joking apart this is a good base for the share price to recover from.

Interesting that there was a 100k buy before the bell and one just after the trading update came out. A nice little turn if they were connected. Now that never happens I know!

[howdlep] 03/6/2009 10:05

Anyone fancy a U shaped bottom on the long term chart?

[howdlep] 03/6/2009 10:04

Time to get in guys

RNS Number : 2778T
China Biodiesel International Hold
03 June 2009



China Biodiesel International Holding Co., Ltd.

AGM results and trading update

The board of directors of China Biodiesel International Holding Co., Ltd.(AIM : CBI) ('CBI' or 'the Company') is pleased to announce that all the resolutions proposed were duly passed at the annual general meeting of the Company ('AGM') held earlier today.

At the AGM the Chairman of the Company, Huodong Ye, made the following statement:

'The challenges faced by the Company in 2008 resulting from the international financial crisis have continued into 2009. However we are pleased to report that shipments have started to rise since March. Production at the Longyan plant has returned to the average level of 2008 and the Xiamen plant was reopened in April. Both plants focus on the production of BII, which is used as a substitute for petrochemical material and thus has a higher added value over normal biodiesel fuel. The total shipment for the first four months of 2009 was 7,601 tons, this compares to 8,010 tons shipped during the first four months of 2008.

The board has seen a recent rises in the price of feedstock which has been passed through to customers through increased selling prices. We continue to focus on maintaining margins through cost control and secured feedstock supply.

Overall, the board believes the Company is well placed for the future and remains positive on the outlook for 2009.

[lonrho] 18/5/2009 12:53

Some large trades today, looks like we should be due some holdings RNS's and hopefully the seller is fully out.

[lonrho] 12/5/2009 23:03

woracle

thanks, good luck with your investing.

[woracle] 12/5/2009 22:18

lonhro,

Don't follow Haike but I would have thought they had deeper pockets than the value of trades today suggests. Wrt BBHL, glad u are on board. Its easily the cheapest bad-debt free bank and palm oil producer in the markets .. just needs Ashcroft to realise value for shareholders. He will eventually and when he does, it will be spectacular I think ;)

[lonrho] 12/5/2009 21:35

woracle

don't think it has maybe it is a spill over from the rerating of haike. By the way enjoyed your comments on BBHL and have bought some.

[woracle] 12/5/2009 21:21

So which rag has this been tipped in then ...

[empirestate] 12/5/2009 09:42

looks like a break out on the chart, reckon we could see 10p shortly

[lonrho] 07/5/2009 11:16

empirestate

agree with your post but worth mentioning net of cash in hand borrowings are only about 2 million.

[empirestate] 07/5/2009 11:11

with a NAV of gbp 18m and a net nav after netting out gbp4m of borrowings, against an mcap of gbp2m this looks decent value. think overtime the biofuels market will gain momentum with futher incentives and promotion from governments.

[bethany3] 28/4/2009 08:57

woracle......thanks for posting such an informative and rational take on the situation. Did follow CBI sometime back when it was 110p and the severe drop in share price reignited my interest to bottom fish. Like you it's only a small punt as I do like the "penny dreadfuls". Keep posting and informing this BB and thank- you!