China Biodiesel Share Discussion Threads

[ayesha4] 04/8/2009 11:06

Why should these get to 40p?

They made a measly profit last year - under half a million pounds

At 9m pounds valuation - these have gotten ahead of themselves

[lily82] 04/8/2009 11:06

Nope,ayesha4, its 2008 profit is RMB 4.1 mln(about 0.41 mln GPB), Advfn should devide 10 instead multiple 10

[lily82] 04/8/2009 11:00

In its final report:

"Turnover from biodiesel up 31.8 per cent to RMB 164.2 million (2007: RMB
124.6 million) "(RNS)

Here RMB 164.2million is equal to about 16.42 million pounds at current exchange rate.I thought advfn put a wrong figure

[ayesha4] 04/8/2009 10:59

per of 20

OVERVALUED

[lily82] 04/8/2009 10:54

Anybody can tell me actual turnover in British pounds please?Just read through its financial reports,its turnover in Chinese RMB is sub 100 mln,equal to British pounds sub 10mln,not sub 1000 mln. I think advfn may have made a mistake when they uploaded data .

Pls correct me if i am wrong,thanks

[qipincha] 04/8/2009 10:48

whoever sold out early on this morning, might be very disappointed now...

[qipincha] 04/8/2009 10:46

I have searched internet last night. The green energy company is well supported by chinese government. The company profit can dramatically increase if chinese government reduce the tax on bio-d product, which is realistic, like what Germany government does.

[robandkerry] 04/8/2009 10:34

This is going to 20p today. I think we could see 40p within a few weeks. Thats more like the true value of CBI.

[qipincha] 04/8/2009 10:33

MM probably run out of share in hands. 14-15.50. still no one want to sale...

[qipincha] 04/8/2009 10:15

any comments today? 13.50 to sell, 15.50 to buy.

[campomar2] 04/8/2009 07:25

Wolterix: The indian market has nearly doubled in 5 months as well. Impossible to sustain, as are the gains in many other markets, which have been driven by very low summer volumes. Its a case of make hay while the sun shines but beware of an abrupt change in sentiment and be prepared to head for the exit.

[qipincha] 04/8/2009 01:18

CBI is only valued 6m ....
still cheap

[qipincha] 04/8/2009 01:15

that was caused by unreasonable and unusual increase in the last three months...
for CBI, we can clearly see that the share is under-valued...

[wolterix] 03/8/2009 22:50

lot's of chatter going round about Asian markets collapsing....

[robandkerry] 03/8/2009 22:26

Could we see 20p tomorrow?

[qipincha] 03/8/2009 20:45

what will be tomorrow?

[jailbird] 03/8/2009 17:58

well that 73k @ 14.88p, means 2morrow maybe good too.

hindsight hey...

[mikeja] 03/8/2009 17:18

reason for big moves is no stock.Institutional stock was absorbed by myself n friends so free float is faily marginal.Quite pleased so far.

[lonrho] 03/8/2009 16:45

seems a large movement for such small trades, still we have finally reached the heights of one third of net asset value.

[robandkerry] 03/8/2009 14:22

This goes up on such little buying. Can you imagine where it will go once the herd get hold of it. Anyone that sells this must be mad. 20p is on the cards easily imo.

[qipincha] 03/8/2009 13:15

It is ok. when the price increase or drop , the spread is usually big. Once the price stabalise, the spread will go back to normal level.
the buying today is not strong enough to hold the price, we might see a few sellers later on.

[campomar2] 03/8/2009 12:50

Awful spread though. 11p-13p. Still can't understand why WINS just do not want to trade. It makes me nervous when theres effectively only one MM. They can name their price and call the shots. And clearly with that spread they are signalling they dont want to trade. OK now while stock markets are romping away (albeit on vey small volumes), but should sentiment change will we all be caught with our trousers down?
Still hold 100,000 shares and sitting on a 120% profit as I think are a lot of us!

[qipincha] 03/8/2009 12:24

very interesting day today, up again!

tim00, 18p share price last year, could be largely affected by the decreasing of share markets. Everyone was selling at that time. With the significant improvement of chinese market, chinese share has been boosted within last few months. I will not be surprised if that affect Chinese companies listed in London stock market.

A quarter of my investment is on this share. I will hold and wait for the coming interim report.

[tim00] 01/8/2009 14:48

Last year it was 18 September. Likely to be similar again this year. I don't think anyone has much of a clue about the company's internal accounts, we just know that trading conditions in China have improved markedly since March and that the company's net assets are worth 3-4 times its current share price And the cfo thinks the same.

[ruedolf] 01/8/2009 14:01

This share price is showing strong growth the 10p ceiling is gone somebody knows some good news the company must be trading well. Anybody know when the results are out.