China Biodiesel Share Discussion Threads

[tim00] 09/2/2010 07:23

Excellent results considering the profit warning in November. Profit of about £1 mn in 2009 against a market cap of £3.75 mn! Good production levels too (the debt repayment we already knew about). All in all very encouraging.

[tim00] 08/2/2010 20:53

So the privileged institutions sold £260 of stock today on the plus market and cause the share price to fall? This is an illiquid stock that gets pushed around by small trades. If and when the news is good it will retrace and hit new highs. Until then best to sit tight imo.

[jkershaw] 08/2/2010 17:52

Id say the way this stock is trickling back down the news is already out to the privelidged few...and it cant be positive. Chinese walls...yeah, right.

[jkershaw] 05/2/2010 08:44

results came out 10 Feb last year...so due

[jkershaw] 26/1/2010 08:41

Thanks Woracle Interesting statement from HAIK

"businesses has shown a modest improvement compared to that experienced in the third quarter of 2009, primarily due to increased selling prices and stronger market demand. However, the inflation of feedstock prices during the continuing harsh winter has impacted margins when compared to the first half of 2009. Despite this, the business as a whole moved back into profitability, at the operating level for the month of December 2009"

Its a good bench mark for CBI, however I wonder if the market has priced this in already for CBI at current sp?

Who can tell if the margin will improve (or worsen). CBI can only work on making the assets sweat. If the gross profit margin shrinks they need volume to keep net profit margin consistant (providing fixed costs dont step increase). A bumper year can only happen when volume is maximised and feedstock costs are low enough for a good margin. At that point the share price will ZOOM...its all down to luck then as it really is impossible to predict!

[woracle] 25/1/2010 09:18

jk, a good indicator I reckon is vege stuff like soy & palm oil. Prices have trended significantly higher H2. Also check out Haike statement today. Don't use exactly same materials but oil based feedstocks all follow same trend these days.

[qipincha] 25/1/2010 09:14

read previous thread.

[jkershaw] 22/1/2010 10:48

Anyone got any estimates on cbi profit margin for next reporting plus 2010? Its difficult to predict and wondered if anyone had raw material price tracker. This share will only ZOOM once margins repair themselves

[taurusthebear] 19/1/2010 08:32

Blimey, someone dared buy 50k shares in a profitable company with a paltry 4 million quid market capitalisation.

They must be insane! ;^)

[qipincha] 11/1/2010 15:38

BIP, already gone up...

[tim00] 10/1/2010 15:23

10th February last year.

[qipincha] 10/1/2010 14:29

when is their result due???

[taurusthebear] 09/1/2010 08:03

Wow, that was some rise yesterday! Crazy to think that this got sold off to 7.5p and 3.5m market cap. when the company admitted it's still in profit! Just imagine what the share price will do if those margins start improving again... :0)

[jailbird] 08/1/2010 09:02

ttb,

i'm sure it mention net cash now..just

or hve i read it wrong..hmmm i will hve look again.

[taurusthebear] 08/1/2010 08:53

Yes JB, I noticed that mentioned on the CR thread, but not one for me. CR seems to love stocks with appreciable debt, but I don't. Good luck with it! :0)

[taurusthebear] 08/1/2010 08:45

What's that, JB? I've only got 4 stocks now and am a bit averse to illiquid micro-caps after the CBI and BTC experiences, though the latter is starting to show signs of more interest and a little more liquidity at last. :0)

[jailbird] 08/1/2010 08:40

infact u beat me to BTC on JTC's thread...so i put down second choice.

[jailbird] 08/1/2010 08:37

nice to see this up now

[jailbird] 08/1/2010 08:37

got another one beaten down if u interested..i hve a bought a few recently..still rock bottom..wondering what you think?

no debt(just) but profiable now..i beleive going forward.

[taurusthebear] 08/1/2010 08:34

JB - know what you mean. There's only one thing better than a beaten down stock that has recently released iffy, margin-squeezing news. And that's a beaten down stock that's recently been releasing all good news!! :0)

[jailbird] 08/1/2010 08:27

TTB,
still here, holding a little less then before though, as i bought more BTC...:-)

[taurusthebear] 08/1/2010 08:22

This stock is so bombed out that no-one posts any more, even when it goes up. They are utterly beaten down and defeated. That's my sort of stock!! :0)