China New Energy Share Discussion Threads

[killman2] 30/6/2020 08:03

12p nominal now...imo

[killman2] 30/6/2020 07:59

just cancelled my sell note for 8.2p!

[from8to800] 30/6/2020 07:12

"The global offering ("Global Offering") of the Company's shares will be made by way of a Hong Kong public offering and international placing with the price range for new shares set at HK$ 0.98 (approximately 10.3p) to HK$ 1.28 (approximately 13.4p)"

Does this mean shares will pop to these values today?

[killman2] 29/6/2020 16:02

the surge is on...

[littlepop] 29/6/2020 12:55

HL will be holding their client shares through HSBC and will allow selling post transfer, but not buying. Charges to sell will be higher too, so the $64,000 question is sell just before transfer or wait and hope that higher charges are offset by higher value (or hold long term, of course).

[fart_conductor] 29/6/2020 12:40

X-O
btw foreign stocks aren't exempt from isa's,

This should be 10p Hong Kong or not, how many companies make £7m profit with £50m+ revenues and have 10% of the Chinese market,

SQUAT

[trusty] 29/6/2020 11:43

Which one are you using Fart. I will need to sell before HK for one of my ISAs so hope to trade right up to deadline.

[fart_conductor] 29/6/2020 11:16

My broker platform does not recognize CNEL any longer when trying to buy,
the corporate dept seem satisfied it is listing in HK, according to my inquiry

[killman2] 29/6/2020 10:25

think investors are now realising the potential for some large price movements with this stock - on AIM since 2011 - as it lists on the HKE next month. Looking at the report on Stockopedia I see great numbers and a nice wee investment to hold this year...imho

[amazoner] 29/6/2020 09:47

like GAN's the share price shooting up post Nasdaq switch

[amazoner] 29/6/2020 09:44

thanks killman2. it's okay to pay more expensive fee if the price can still tripple or quadruple from here

[killman2] 29/6/2020 09:27

yes according to brokers but may be a bit more expensive - as through a third party - and take longer to trade...

[amazoner] 29/6/2020 09:00

can we our trade CNEL shares after being transferred to HKEX?

[doyourresearch] 28/6/2020 21:51

CNEL has received in principle approval from HKEX for the relisting. This was released over the weekend



Presumably an RNS early doors Monday and price will move up significantly from 5p as a major element of uncertainty in what many see as a transactional arbitrage play to 12p drops away

[fart_conductor] 23/6/2020 08:29

The right exchange stocks become a different kettle of fish,
like Gan who recently moved to the Nasdaq

[fart_conductor] 23/6/2020 07:54

RNS on track for 15th July HKSE listing, with hardly any p/e priced in,
you'd think the HK broker auction a week prior will snap that up

[catscats] 22/6/2020 10:52

If you include convertibles in the market cap we are about £30mln, some way short of the £50mln they need to list. Assuming they can raise some money at 6p and that is acceptable as 'market cap' then £20mln would suffice... But a 10p price would be better as they wouldn't need to raise so much. With markets looking perkier again then we may be in luck. Bigger question is whether to hold the shares once listed in HK...?

[stockhunters] 22/6/2020 08:49

chart about to break 6p!!!

[dubian99] 16/6/2020 23:45

This is a snippet from 2016 Half yr report

CNE is a market leader in China at designing and building 1 Generation biorefineries that convert agricultural feedstock such as corn, cassava and sugarcane into ethanol. We have completed more than 100 1 Generation projects in China and around the world.

Just wonder how many they've done now 4 yrs later,