China Biodiesel Share Discussion Threads

[campomar2] 10/7/2009 09:53

Nice to see you're still holding Mike ja. Agreed. The most undervalued share on the stock market at the moment.

[mikeja] 10/7/2009 09:38

The upside here is huge.Gov payments could be equivalent to 6p a share,judging by Q1 and VAT refunds will rise with production.EPS of 12p are feasible within two yrs.

[robandkerry] 10/7/2009 09:12

Looking good this one. :)

[campomar2] 10/7/2009 09:12

Next leg up on the chart now. Looks like its breaking out at last.

[jailbird] 10/7/2009 09:07

well it is risen above the short and long term MAs now.

I like charts where the MAs are turning and beginning to turn up now.


the last update appears to say that full production is starting now, so back to previous levels i hope.

[risk1] 09/7/2009 23:43

notice doo is going in the opposite direction but still double the market cap

[campomar2] 09/7/2009 20:51

Long may it continue. I suspect once this starts to flicker on the chartist's screen it is likely to change, and it wont take many more small rises from that to happen. But its a great time to quietly accumulate. Amazed though that so few people know about it, but more fool them for being too lazy to do their own research.

[risk1] 09/7/2009 20:41

really like this quiet bb

[campomar2] 09/7/2009 20:39

A little more upside and the chart will definately look like changing characteristics after flat lining for so long, the recovery could be quite sharp. Then the fun will begin.

[risk1] 09/7/2009 20:37

the gentle rise contines

[campomar2] 09/7/2009 18:04

He is quite an entrpreneur. CBI is very well positioned financially without needing support from his other businesses. Another small rise today. Much prefer this than the boom and bust of other shares. Long may it continue before the herd arrives.

[qipincha] 09/7/2009 17:50

Financially, the company is very well positioned. Just heard their boss(Yedong Huo)has medicine business to support this business.

[qipincha] 09/7/2009 15:26

good!
just hold and wait, be patient!

[campomar2] 09/7/2009 14:55

EVO 5.75p-6p, Wins interestingly offer is 6.5p. Looking much better.

[campomar2] 09/7/2009 13:54

Bid up to 5.75p on only 3 small buys. Overhang that has hels this back for so long must have been cleared.

[campomar2] 09/7/2009 07:14

That may well be the problem risk1 for some. We have become so used to instant winners in the last few months that I think this will take time. That said who knows when the catalyst will come? Because once this starts moving it will go like a rocket, the chart is crying out for a recovery and once it starts day traders and chart watchers will be all over this like a rash.

[risk1] 08/7/2009 23:12

this could seriously prove to be a good punt

biggest problem is will I have the patience to see it through?

[qipincha] 08/7/2009 22:41

steady steady move! excellent

[risk1] 08/7/2009 20:14

my best performing share today

:-)

[qipincha] 07/7/2009 22:31

last month, the AGM passed that request that the director can buy share for their company staff. I guess this is also a good sign which will significantly encourage their staff to work for themselves.

[campomar2] 07/7/2009 20:02

Thats a good question! The director who bought 200,000 at 20p last year clearly didn't think these were overvalued at that level. At lot has happened since then and they have used the money raised in the IPO (at 85p incredibly enough) wisely, leaving them very lean, with only approx £3million of debt, and also expanding capcity to 100 million tonnes. They made approx 10p per share earnings in 2006/2007, but now have much higher capacity. So the upside is clearly considerable. I think its a long term one, there is still very little interest in this and its off everyones radars, which is good news to tuck some away - for the day when investors realise just what a steal this is. Of course its very tightly held, with the CEO owning 3/4 of all the shares. So it is likely to move sharply once word gets out.

[risk1] 07/7/2009 18:26

held it last April

£2500 bought me 16129 shares

bought 16646 for £1000 today

How far can it go campomar?

[campomar2] 07/7/2009 18:21

No I think just a slow realisation that it is incredibly undervalued. Great to find this one that everyone else has overlooked, establish your position and wait with patience for the herd to arrive. Even if you dont like the particular sector there is no basis on any measure as to why this is only capitalised at £2.5 million.

[risk1] 07/7/2009 18:08

why the buying

anything due???

[jkershaw] 07/7/2009 17:13

Campomar2, fingers crossed :-)