China Biodiesel Share Discussion Threads

[qipincha] 17/7/2009 14:49

Keep an eye on chinese government policy.

They have put huge money into green power. If they also support bio-diesel-which I believe eventually they will do, you will see dramatic change.

[mikeja] 17/7/2009 14:47

Campo that came from gov subs,which is actually even more comforting

[campomar2] 17/7/2009 14:45

Yes. And as bad as things were last year in the whole sector, they still made a profit.

[aim11] 17/7/2009 14:44

ok thks, will look into it this wkend. i see they brought the big new factory on line in aug then had to shut down in sept, so didn't really get much benefit last yr only cost and cash outflow, yet 09 presumably it'll be fully up and running throughout?...sound about right?

[campomar2] 17/7/2009 14:41

Almost 10p EPS in 2006; and they increased capcity to 100,000 tonnes. Huge potential.

[mikeja] 17/7/2009 14:38

aim,am looking for about 6p eps this yr and 12p next.this yr,H1 2p,H2 4p.Could be way too low,dependming on how fast they ramp up production and how much gov subs them.

[aim11] 17/7/2009 14:35

reading through the annual report, the problems for this business and recovery potential this year seem v similar to haike chemical to me. i can't see any eps ests tho. am going to dig around further, any one that has any eps ests pls let me know

[qipincha] 17/7/2009 14:33

to Campomar2,

I found this great share when it was still 3p!!!
However, I do not have much money to buy. I told my friends to buy. However, no one understand me! What a shame!

[qipincha] 17/7/2009 14:31

:), she can still buy in. 7p is still too low for this share

[aim11] 17/7/2009 14:30

what are u guys targeting for revenue and eps this year?

[campomar2] 17/7/2009 14:28

I'm amazed its taken people this long to wake up to this. The most undervalued share on the market.

[moreforus] 17/7/2009 14:27

...bit late for that?

[campomar2] 17/7/2009 14:19

I think risk1 is making the point that we dont really want the lunatic day ramp brigade on here cos we are quite happy with steady as she goes!

[risk1] 17/7/2009 14:07

why the rise?

this is bad!

secrets out ;-(

[qipincha] 17/7/2009 13:49

great day today. 7.20p now

[moreforus] 17/7/2009 13:42

my little trade this morning, cannot get a bid - they may have banged out a 1,000,000 shares today and it may be going to the moon but mms do not want to buy stock....there are only 2 mms - i've got some stokcs with only 3 mms and they're a nightmare to trade.

[campomar2] 17/7/2009 13:38

Huge way to go, no doubt about that.

[lonrho] 17/7/2009 13:34

still a long long way to go, net tangible assets about 40p per share.

[campomar2] 17/7/2009 13:31

Clearly now no stock after months of an overhang...now 7p middle..clear way upwards now

[tim00] 17/7/2009 13:29

Still only one third the level of previous FD buys, important to remember that.

[qipincha] 17/7/2009 13:16

steady rise! excellent!
Keep holding!

[moreforus] 17/7/2009 11:00

ok explains why we had a tick up....

[jailbird] 17/7/2009 10:51

i see 2 trades for the 194,500 within 2 mins

i think these were rollovers and not sells.

09:44 6.1 194,500 O 6.0 6.5
09:42 6.2 194,500 O 6.25 6.75

[moreforus] 17/7/2009 10:28

u know you only have 2 market makers.. and that EVO is on both the bid and offer...??