China Biodiesel Share Discussion Threads

[qipincha] 19/4/2010 21:39

don't worry
when share price go up
the liquidity will be improved.
last year, it took about 5 month to grow from 3p to 17p, that's the power of AIM share-when the liquidity was worse.

[tim00] 19/4/2010 19:52

Total Director salaries in 2009 were around £120k! That includes two UK non-execs. UK investors mark down Chinese companies because they're Chinese, but my (limited) experience of London-quoted Chinese companies is one of high ethical standards.

[tim00] 19/4/2010 18:56

Next news will be a trading statement on the day of the AGM in June. Given the strength of the Chinese economy this year, hopefully that will be reflected in growing production and improving margins. As you say TTB, these are best viewed as shares for the bottom drawer, awaiting the day that, for example, the Chinese authorities set compulsory targets for the use of biodiesel in some of CBI's products.

[taurusthebear] 19/4/2010 18:06

Nice results, debt down and revenues up. But outlook unsure, as usual. Looks cheap on a PE of about 4. In a reasonable market, CBI could command 30p a share based on those stats., but this is AIM in London, where xenophobia and paranoia rule!

Margins are key. I can´t see the shares getting far, as trade always dries up soon after RNS day. Maybe more director buying might help.

Otherwise back to the bottom drawer till the next results. :0)

[jkershaw] 19/4/2010 17:39

woracle is quiet...

[qipincha] 19/4/2010 15:24

CEO purchased more share ahead of annual results was a good sign .
low sales price doesn't mean the profit is low
the profit margin is key...

[mikeja] 19/4/2010 14:59

wonder what robandkerry have to add to their last post?

[aim11] 19/4/2010 11:52

yes, the grant info for q1 is almost the very last paragraph of the release qipincha

[qipincha] 19/4/2010 11:33

an increase of the share price of 20% will catch many eyes today

[qipincha] 19/4/2010 11:30

4mn grant in Q1 is perfect!
so the grant can go back to 2008 level

[buggy] 19/4/2010 11:25

Does anybody know the dividend record date?

I may just be lazy, but just had a quick glance at the accouints as am in a meeting all day.

[qipincha] 19/4/2010 11:20

mm has to raise share price to get free share floating on the market. the current share price is too low, no one want to sell.

[aim11] 19/4/2010 11:05

yes and in fact there's even less stock around now - ceo owns 75% of the stock now so its not going to take much buying for this to skyrocket. will definitely be holding onto my position, hopefully see 25p+ in the next 6 months

[qipincha] 19/4/2010 10:47

it takes time
see the pattern last year

[aim11] 19/4/2010 09:56

very nice set of results. i see they've received a 4mn rmb grant already in q1 2010.

shame the mkt is so poor, esp china which dropped over 5pc last night, otherwise i'd have thought this stock would be up a lot more than it is

[qipincha] 19/4/2010 09:41

net asset of £19m
market value of only £6.25m
EPS of 2.5p
PE is only 5!

[qipincha] 19/4/2010 09:30

cash generated : 30m!!! amazing

[madmonkflin] 19/4/2010 09:13

and a listing in hong kong would help as well.

[tim00] 19/4/2010 08:21

I proposed the reinstatement of the 10% EPS dividend policy to the FD a couple of months ago, whether this had any bearing on the decision I've no idea, but I recommended it as a way of restoring the share price I think it will help!

[zangdook] 19/4/2010 08:14

looks good, dividend back at 10% of EPS.

[qipincha] 16/4/2010 10:48

read their annual report again
profit after tax of 4.1m give us 9f earning per share
the estimated profit after tax this year is 11m
the EPS will be roughly 27f, so the current PE is really low,about 4?

[qipincha] 14/4/2010 16:34

yes, 320RMB /ton

[tim00] 14/4/2010 07:39

China raises official gasoline/diesel prices, effective today

[qipincha] 11/4/2010 22:59

Mr Ye has donated 500,000 RMB last year to charity and he is in fourth position of the richest man's list of the area.

[taurusthebear] 10/4/2010 15:47

And capacity up. The miniscule market cap. for a profitable company says it all. If they ever issue any good news, CBI shares are going to double sharpish, and then some, IMO. :0)