China Biodiesel Share Discussion Threads

[campomar2] 12/7/2009 11:21

Chart looks excellent and ripe for more upside, possibly substantial

[jailbird] 11/7/2009 23:30

anyone advise me how to copy the chart here.

[jailbird] 11/7/2009 22:37

over time i agree it could.

[risk1] 11/7/2009 16:49

I noticed a poster suggest a 40p per share target even though the price has been much higher not that long ago

over what period would you anticipate such a rise and why couldn't the share return to previous levels?

[risk1] 11/7/2009 07:32

it keeps going up so i don't care still valued at less than 3 million

[jailbird] 10/7/2009 23:58

that 250k could be a 't' trade filled ..buy or sell..with the price up..anyone's guess really

[risk1] 10/7/2009 23:31

buys from earlier is my guess

meanwhile the share price edges north

[qipincha] 10/7/2009 22:23

it is ok to have a few sellers when price goes up. especially if the seller hasn't done any research about the share, he will sell as long as the price goes up even the price can go even higher. it is ok for us. just set up your target and wait...

[campomar2] 10/7/2009 16:33

Bottom line is that this is very tightly held, much more buying and this could shoot up.

[5070481] 10/7/2009 16:23

so that 250k would appear to be our seller then. PLeased to see it hasn;t caused the price to come down

[campomar2] 10/7/2009 16:18

Maybe china strategy fund is still selling? Or MM's are playing a dangerous game.

[mikeja] 10/7/2009 15:45

Yep,600k bt today

[lonrho] 10/7/2009 15:35

where are the market makers getting the shares from to satisfy all the buys.Free float excluding directors is only about 9 million shares.

[jailbird] 10/7/2009 11:37

thanks for that.

I think i will be holding these for a while..have been buying from
Have been buying these from 6.25p and adding lower recently.


Any you guys hold BTC..i see a similar scenerio in recovery as this one
best to read RNS' and BB be be discussed over there if interested.

[campomar2] 10/7/2009 11:13

Look at this which a poster on Mike Walter's site posted about ages ago, an article from exactly a year ago. It shows I think how interesting and exciting CBI is, and how seriously undervalued it is from any angle



In particular Evolution targeting 30p as a share price, when it stood at 15p.

[mikeja] 10/7/2009 10:51

Trying to sort smething out for H1 earnings.Gov grants could be up to 16m RMB against 8m for 2008 and production up from 13408 tns to around 16000 tns at better margins.Taking into account financing charges,depreciation etc,my wild stab in the dark is eps around 3p a share.H2 could be much more if they ramp up towards sales of maybe 30000 tns,why else would they reopen new plant?At that level net margins would be much better.
Roll on interims.

[qipincha] 10/7/2009 10:43

Their target is to raise capacity to 330 thousand tonnes by 2011...

[qipincha] 10/7/2009 10:39

I like steady rise!

[campomar2] 10/7/2009 10:21

Oh yes, that would be a very big refinery!

[mikeja] 10/7/2009 10:20

Couple of points,Campo capacity has been increased to 100 thousand tonnes,not 100 million.Secondly I dont think they will achieve such a high rating,on eps of 12p my tgt is 40p.

[mikeja] 10/7/2009 10:15

Campo,have been buying steadily,now have 680k and have put friends into same again.

[campomar2] 10/7/2009 09:59

They made around 10p EPS in 2006 so more than possible considering capacity has been increased to 100 thousand tonnes. This was cheap when the director bought 200,000 at 20p last year.

[qipincha] 10/7/2009 09:57

EPS of 12p which means it should be around £1 per share.
I cann't believe the current price is so low.
you will not be able to find such price even in Chinese stock market, what a bargain...