China Biodiesel Share Discussion Threads

[qipincha] 03/1/2010 17:58

China and Asean free trade deal begins

A new free trade area comes into effect on Friday, incorporating China and the six founding members of the Association of South East Asian Nations (Asean).

These countries include Brunei, Indonesia, Malaysia, Philippines, Singapore and Thailand.

They plan to eliminate tariffs on 90% of imported goods.

This will reduce the cost of trade and is likely to lead to an expansion of cross border commerce between the countries concerned.

In terms of population it will be the largest trade area in the world, with nearly 1.9bn people and it includes some of the leading export driven economies.

Cheaper materials

Chinese manufacturers will gain and so will South East Asian exporters of raw materials.

Those countries are also likely to gain access to cheaper materials and components from China.

But there have been warnings from South East Asia that some industries are not ready to compete with China and that jobs will be lost.

Other members of Asean , including Vietnam and Cambodia are due to follow suite in five years.

Regional and bilateral trade agreements have proliferated in recent years.

The World Trade Organization says about 400 are due to be in operation by 2010.

Supporters say they are a step on the way towards comprehensive global trade liberalisation.

But critics say they undermine that effort and put poor countries left out at a disadvantage.

[qipincha] 30/12/2009 15:42

I am in China now :)
u cann't believe how many cars here
8 lanes each side of the road
sooner or later, we will have some positive news about green energy

[tim00] 30/12/2009 15:03

Annual results last year were 10 February. I've had an email back from the company today. The official prices of diesel etc are "instructive" only and are still subject to forces of demand and supply. In other words, when demand for petrochemicals is relatively weak as per now, margins get squeezed irrespective of what is happening to official retail prices. Demand for CBI products will strengthen as the Chinese economy expands, I think we just need to be patient. It appears someone is bailing out at the moment and this will provide a topping up opportunity, judgement will be required when they are close to completing their sales.

[qipincha] 30/12/2009 14:48

likely to happen
when is the annual result due?

[taurusthebear] 30/12/2009 02:59

Think I'll grab a few more if this hits double bottom. :0)

[qipincha] 29/12/2009 15:13

that is the crude petrol price in american
if petrol price changed moren than 4% in one month(think I am right about this number), the government will alter price correspondingly.

[tim00] 29/12/2009 09:11

qipincha, is that the official price? Can you give a link please? It's not yet on the CBI website. Thanks.

[qipincha] 29/12/2009 09:06

petrol price up
haik price up

[qipincha] 15/12/2009 21:39

I hope the climate talks will have positive impact on biodiesel industry

[qipincha] 14/12/2009 11:14

:)
the fair share price should not be lower
however mm like moving share price up and down.
if it does fall down,
it will be a very good chance to top up.

[taurusthebear] 13/12/2009 03:34

I detect a subtle difference between posts 1129 and 1136. :0)

[qipincha] 11/12/2009 10:06

:)
that will a great chance to top up
for a company making money,that's a huge discount

[robandkerry] 11/12/2009 09:53

Looks like 5p is on the cards.

[qipincha] 11/12/2009 08:25

sellers rushed into

[qipincha] 11/12/2009 00:14

errr
total sales volume 32,000 today, and we drop 0.38p

based on that rate, 10 more days, we can back to where we were, :)

and time to top up

[qipincha] 10/12/2009 12:08

the selling pressure might come from the right issue of lloy, as all of people need more cash to buy RI

[jkershaw] 09/12/2009 15:46

Cautious trading statements do not help this company share price Its got to improve its trading to see old highs past 100p...a long way off from here. Maybe not for many more years

[qipincha] 07/12/2009 15:09

mm of cbi is unwilling to buy or sell share
if u take a look at their trading level, which is extremely low.
no point to sell it under such circumstance.

[qipincha] 07/12/2009 14:23

u wish, lol

[taurusthebear] 07/12/2009 13:19

Oh well, back to 5p! :0)

[qipincha] 26/11/2009 00:17

:)
quiet here

[taurusthebear] 24/11/2009 09:09

Just getting over the last RNS, and then poleaxed by HAIK. That's the way I see it, despite the fact that I see less risk, and more upside, with CBI. I'd expect the share price to slowly recover to 11-12p, but any further progress to hinge on the next trading update and/or results. So, as ever, a long hold... :0)

[qipincha] 19/11/2009 13:17

only three trading today.

19/11/2009 12:28:23 9.75 42,392 O 4,133.22
19/11/2009 08:38:48 10.75 50,000 O 5,375.00



Time Price Volume Value Buy/Sell Type (key)
12:25 10.75p 10,000 £1,075 Buy O

[aim11] 19/11/2009 13:02

why are we down 10% on no news?? the haike warning is a catch up, cbi has its "warning" a few wks ago, since when product prices have risen quite sharply. and cbi has subsidies which prevent it from going to a loss :)