China Biodiesel Share Discussion Threads

[robandkerry] 20/7/2009 08:53

Still have a price target of 10p today. May go higher but could fall back as day traders drop out.

[tim00] 20/7/2009 08:50

I agree with you absolutely Taurus, it's just that the H1 results will be published way before those for H2/2009! But the next trading update will be very interesting. Where will we end today? 9p?

[campomar2] 20/7/2009 08:46

They clearly have no stock at all!!

[taurusthebear] 20/7/2009 08:44

Blimey, it's going up rather fast, must be a record for a stock not pumped on CR's thread! :0)

[campomar2] 20/7/2009 08:42

What I want to know is who picked up the lionshare of Utilicos holding, it cant possibly have been PI's judging by recent volume. Wonder if they are still adding?

[lobo] 20/7/2009 08:42

I bought in this morning (100k). The fundamentals look good and there must be a huge market for this product. The chart also shows a potential climb.

[campomar2] 20/7/2009 08:27

Fabulous looking chart, proper break out technicals

[taurusthebear] 20/7/2009 08:26

I don't think H1 results are quite as relevant as the outlook for H2 and beyond. Bad or indifferent H1 news was already in the price, IMO. :0)

[tim00] 20/7/2009 08:22

looks like the sellers have finally been cleared?

[jailbird] 20/7/2009 08:18

this is why i bought in...as you say

"with good asset support and conditions rapidly improving in their favour. the recent stock trades in cbi i think are interesting in a +ve sense"

[tim00] 20/7/2009 08:16

It's very difficult to guess profits in H1, though the CFO buying is obviously a good sign. The negatives are that the new plant was out of commission for three months, but will still have incurred significant costs, and pricing would have been weak in Q1. On the plus side, we won't have any further write-downs of inventory; costs will have been reduced by buying feedstock cheaply; demand and pricing recovered in Q2; there were further government grants; and tax rates were reduced.

[aim11] 20/7/2009 08:11

both stocks fwiw on my numbers are on c1.5x p/e with good asset support and conditions rapidly improving in their favour. the recent stock trades in cbi i think are interesting in a +ve sense - big institutions getting out but cfo buying ahead of close period.

[aim11] 20/7/2009 08:08

one problem for me is the severe illiquidity...going back there are days where it trades ok but most of the time there is very little volume. haike is similar, and having looked at both i'm not convinced there is a huge difference valuation wise esp factoring in haike's JV growth potential. i'm sure cbi will do equally well as long as govt subsidies continues and it appears subject to very similar forces to haike in terms of feedstock prices and govt controlled pricing - albeit indirectly as i expect b1 and b2 pricing is still heavily influenced by what the govt does on prices of competing controlled products.

[campomar2] 20/7/2009 08:06

Up already. Cant buy any reasonbale number on line so theyve still no stock, should keep the pump and dump lot away.

[taurusthebear] 20/7/2009 08:02

Added 50k! :0)

[risk1] 20/7/2009 07:43

noooooo shhhhhhhhhhh

[campomar2] 20/7/2009 07:19

tim00: thats sealed it then. lots of interest in this if thats the case. Ive seen shares mentioned like that before and they have risen sharply thereafter.

[moreforus] 20/7/2009 07:00

cant see how anyone would want to buy this as a chart play .. 2 mms totally illiquid - it's a microcap value growth share and the return will come from being a buy and hold...

[tim00] 20/7/2009 06:47

"Master RSI" mentions CBI as a break-out share.

[taurusthebear] 20/7/2009 04:02

Comfort Room! :0)

[qipincha] 20/7/2009 01:08

what CR stands for????

[lonrho] 19/7/2009 21:08

well CR doesn't like chinese companies,if it went anywhere it should go on rainmakers value thread but dont worry i wont put it there.

[risk1] 19/7/2009 17:05

good lets keep it like that

shhhh

[risk1] 19/7/2009 15:44

Campomar2

Agree with you 100%

just hope we don't spike and everything just settles down a bit