China New Energy Share Discussion Threads

[georgia08] 06/6/2017 15:49

Bobby spot on ... how many aim companies are actually making a profit ....

[bobby.ifa] 06/6/2017 15:39

Wish I had a few more bob to place in this, this has to be the most overlooked bargain of the year.

[georgia08] 06/6/2017 15:36

Trading update in march indicated unaudited revenues for the year ending Dec 2016 of 71m RMB

The half year report shows NET profit of 11.3m on 45.4m (RMB) a profit percentage of a whopping 25%.

That means the results due anytime now should show a NET profit of approx 17.75m RMB for 2016. At today's exchange rate of £0.11 that's

£1.95 million pounds.

Add to that the recent news on contracts worth gross £35 mil (net profit 25% say is approx £9mil) and this is becoming ridiculous at £6mil mcap

That's without the mega Sunbird scenario currently in the offing

[carbon man] 06/6/2017 15:23

Still got the Trolls playing this stock down.

[georgia08] 05/6/2017 20:15

5% rise a day would do me nicely until results are out 👍🏻

[knicol46] 05/6/2017 13:15

from last trading update.. 'The Board pleased to report that the Company continued to perform well in the second half of 2016 and, whilst subject to audit, revenue for the year to 31 December 2016 is expected to have risen to approximately RMB72 million.  Following the return to profitability in the six months to 30 June 2016, the Company has continued to perform in line with our expectations.'

results due this month

[knicol46] 05/6/2017 13:03

offer about to tick up - 2nd run today

[georgia08] 05/6/2017 12:45

MMs put you mad on a share like this

[knicol46] 05/6/2017 12:24

good luck all

[georgia08] 05/6/2017 12:08

Difference now being £35 miles worth of contracts and the Chinese have slapped 30% import on US ethenaol so they can process their own corn mountains over the next 5 years.

Many many more contracts to come plus Zambia, SL, results in profit etc

[knicol46] 05/6/2017 12:06

sp was around 100% higher this time last year

[knicol46] 05/6/2017 11:59

4/5 mm's turned blue, 5th one awaiting volume

[georgia08] 05/6/2017 11:57

8th on riser board... afternoon could get interesting

Well done for holding through drop rewards coming now

[bewarepaul] 05/6/2017 11:54

aussieb3

You will never know exactly what they were, could be a rollover and one buy who knows
but I do know a mm does not go on the higher bid in Cnel and then take 3 million in one go, they never do that.

[knicol46] 05/6/2017 11:54

over 1.43p to buy

[georgia08] 05/6/2017 11:53

Why are some people selling are they mad this will do 4p on results

[aussieb3] 05/6/2017 11:52

It just gone up so they were buys not sells

[knicol46] 05/6/2017 11:50

only 100k remain @ 1.4p, 1.7p showing quote

[bewarepaul] 05/6/2017 11:50

Are people still that gullible to believe trade data as they appear. If the mm's had 3 x 1 mil sales they would delay them until a time they showed as buys to make punters pile in and thus make money.

mm's want full 1.4p offer do not get shaken out too soon folks

[carbon man] 05/6/2017 11:49

Cheapest offer still 1.4 FYI

[georgia08] 05/6/2017 11:49

Bid on 1.37

Hold tight these barstewards may have taken this down to get someone in

There was another 1 million trade around the same price a few days back

[aussieb3] 05/6/2017 11:48

I been watching this share for a bit the last few weeks a few 100 thousand shares it would drop by .05 if 3 million sold it think it would drop straight away

[knicol46] 05/6/2017 11:48

they look like delayed trades regardless - as sell price increasing