China West. Share Discussion Threads

[quepassa] 05/10/2009 14:40

The share has perhaps reacted sharply to some ramping on the bulletins boards in recent times in my opinion.

But the fundamentals of the company look shakey in my view.

The recent articles posted above all relate to the UK commercial property market and not the mainland Chinese or in particular the Lanzhou commercial property market.

The recent Chairman's statement is open to interpretation. Do his words mean that without the continued support by way of further equity injections of the share-holders that the company would not have been able to continue trading?

One presumes that certain long-standing and long-suffering investors who bought shares in CHWI ( formerly Hemisphere Properties ) through the one-time niche broker Pacific Continental ( now In Administration ) and who had seen their original investment lose 80/90% of value, will have taken the recent sharp rise in share price as a good opportunity to exit.

All IMO. DYOR

QP

[flyingswan] 05/10/2009 13:59

Chine Western Investments CHWI should move up latter in the week when we get the September Commercial Property Figures from the IPD and CB Richard Ellis.
Todays dip is a great Buying Opportunity take a look at these figures to see the trend:
12 Mth High Date 12 Mth Low Date 1 Wk Ago 1 Mth Ago 1 Year Ago
2.88 30-09-2009 0.30 20-11-2008 2.75 (-36.36%) 0.78 (+124.36%) 0.40 (+337.5%)

[flyingswan] 05/10/2009 13:50

Great Buying Opportunity - IMHO

[tara7] 05/10/2009 08:58

Next undervalued stock for you WTH, market cap 1.4m pounds. Cash and Lloyd shares around 4M pounds, No debt, plus 300 acres of land by the M25.!! ALL FOR 1.4M pounds.!!!!!!!!!!

[flyingswan] 04/10/2009 10:31

The Sunday Times October 4, 2009

Time to get back into commercial property?
Entrepreneurs are turning their attentions to the sector again

...It comes as UK commercial property has registered its first growth in more than two years, climbing 0.2% in August, according to the Investment Property Databank index. It follows a near-50% drop since the 2007 peak.

Meanwhile, yields on commercial property (rental income as a proportion of the price) have risen over that time from 4.6% to about 7.9% - more than 10 times the typical easy-access savings account at 0.78% and more than double the yield on 10-year gilts (government bonds) of 3.5%.

The upturn has convinced some of the most sceptical investors to reconsider the sector. Last week, Peter Hargreaves, chief executive of Hargreaves Lansdown, the adviser, said he was positive about the sector for the first time...

...Mark Dampier at Hargreaves Lansdown is positive on the sector for the first time in at least six years but warns that storm clouds still loom. He suggests investors "dip their toes" and allocate no more than about 2.5% to 5% of their portfolio to commercial property. He recommends the Threadneedle UK Property trust, a unit trust that buys bricks and mortar. It is down 5.2% over the past year and about 1% over the past six months.

This demonstrates one of the key differences between funds that buy bricks and mortar and funds that buy property shares. While the latter have had a strong performance, bricks and mortar funds have lagged - although this means investors who get in now may benefit as the funds play catch up...

[moormoney] 02/10/2009 15:34

quiet at the moment but if any news comes out we'll be off again--sp is holding steady. My other chinese one YGH is doing well today with not quite such a vicious spread.

[flyingswan] 02/10/2009 10:10

Commercial property dilemmas
Created: 2 October 2009
Written by: Claer Barrett
There is a major structural defect in the current investment philosophy of "buy cheap, sell high". Put simply, there are lots of people who want to buy commercial property at the moment. Unfortunately, there are very few people who want to sell.

..."One day, these assets will be worth a great deal more than they are now. Providing management are competent, there is income to meet interest payments and the bank doesn't have to put in any more cash, loans are being rolled over and extended."...
...The "high risk, high return" approach is common to the listed opportunity funds, which will suit investors with higher risk appetites. But the breadth of property investment opportunities means there is something to suit all types of investor, as our feature explains.
If there was ever a time to get back into commercial property, it's now. Low interest rates add to the appeal of income-producing property; the market has turned a corner, and the threat of inflation could cast a pall over the bond market, prompting a dash into fixed assets...
China Western Investments CHWI is in a strong position to benefit from the recovery in Commercial Property, over the mid term. IMHO.

[moormoney] 30/9/2009 12:22

It must have been very difficult to borrow in these credit crunch times so I'm not surprised they are relying on supportive shareholders. This co. is still an acorn in a potentially massive market, it is investing heavily in it's buildings and the hospital--revenues are coming in though so I shall tuck mine away. The share price is bouncing back a bit now.

[panamabob3] 30/9/2009 10:32

That's what I mean by 'carefully constructed'.I am confused.Don't know about anyone else.Seems like then market is too.

[quepassa] 30/9/2009 10:12

Is this really an encouraging statement by The Chairman......

"The shareholders have continued to provide funds that enable trading to continue and provide ongoing investment capital."

Does that mean if shareholders didn't provide capital that trading would not be able to continue?

Does anyone have access to any research from the Company's advisers, Shore Capital?

All IMO. DYOR.

QP

[panamabob3] 30/9/2009 09:48

Not the most carefully constructed RNS Ive read.

[mistermagoo1969] 30/9/2009 07:03

Regulatory Story
Go to market news section View chart Print
Company China Western Investments PLC
TIDM CHWI
Headline Half Yearly Report
Released 07:00 30-Sep-2009
Number 8716Z07

RNS Number : 8716Z
China Western Investments PLC
29 September 2009





30 September 2009


China Western Investments PLC


Interim results of the six months ended 30 June 2009


CHAIRMAN'S STATEMENT

The accounts for the six months ended 30 June 2009 are presented which show a loss after tax of £115,000. The hospital income continues to improve and the developed areas of the Lanzhou property are let to tenants.


In order to provide enhanced hospital services, it was necessary to install additional medical equipment whilst the renovation of the existing building took place. Investment in equipment amounted to £1.2 million during the period although the majority of the expenditure was made in June 2009. As a result the impact on revenue and depreciation is not seen in the six monthly figures but should enhance earnings in the second half of 2009.


Suppliers of the equipment have agreed to payment by instalments and some funds have been created through bank loans. Your Board believes that the increased income to be generated from the investment in equipment will create the cash flow required to fund the expense.


Income continues to grow and it is hoped that this will continue and, in the medium term, cover the interest cost. Obviously, it is necessary to continue to search out funds to provide investment capital for development of the Lanzhou property and this continues to be the goal.


The shareholders have continued to provide funds that enable trading to continue and provide ongoing investment capital.


Michael A Shields

Chairman


Enquiries:


Company Secretary - Harry Jeffs - 01539 723233


Shore Capital & Corporate Ltd - Pascal Keane - 020 7408 4090

[flyingswan] 29/9/2009 17:45

Chinese insurers clear to invest in real estate
By Jamil Anderlini in Beijing

Published: September 29 2009 17:09 | Last updated: September 29 2009 17:09

Chinese insurance companies will be allowed to invest directly in commercial real estate for the first time under new regulations that are set to trigger a huge influx of cash into the country's high-end property market.

New regulations allowing insurers to invest in real estate go into effect on Thursday, although details on investment limits and what types of property insurers can buy will not be released for another month at least, according to regulatory officials.



Conservative estimates put the amount of potential new investment by Chinese insurers in commercial real estate at $34bn (€23bn, £21bn), according to Jones Lang Lasalle, the real estate consultancy.

Based on current average capital values, $34bn is equal to more than twice the value of the Shanghai Grade A office market....

[apsis2] 29/9/2009 14:47

Flying Swan
Thanks for that. Bought a few but missed most of the rise. ASPL ticking up 20% today.

[tara7] 29/9/2009 12:48

700 free building plots, plus a divi, plus a pe of around 3 for this year. Might want to take a look at BMT

[chasbos] 29/9/2009 12:38

We must be so close to a tick up.Like someone said earlier, this is still below most peeps radar.

[moormoney] 29/9/2009 12:32

pausing for breath today it seems.

[panamabob3] 29/9/2009 11:24

Yes,they are buying and not selling at all on PLUS.LSE does not give a true picture.Surely a tick up before the day is out.

[flyingswan] 29/9/2009 10:30

Apsis2... You could say the same about POGL, which is in the Oil Equipment Sector, it is good to be diversified.

[apsis2] 29/9/2009 10:17

Anyone any info on ASPL- another property co. operating at 70% discount to nav. I had small punt yesterday and it's begun to tick up. Not much info on their thread.

[chasbos] 29/9/2009 10:15

Another 160,000 odd gone through since then - looking good.

[flyingswan] 29/9/2009 09:17

Nice 200,000 buy just gone through on PLUS at nearly 3p. We may see another move up today.

[panamabob3] 29/9/2009 00:52

Yes,I believe this thread is going to inform quite a few investors of the potential here.This is going to benefit investors already in and those about to join the group.I have told all my friends and they are taking appropriate action.

[flyingswan] 28/9/2009 22:20

Tara7 Why would anyone want to take a profit here?

I cannot think of a better share I would like to put my money into. I am thinking of moving more money into CHWI, as I do not have another share which does a double digit rise each day.

You know the old saying "Cut your losses and run your profits"

[flyingswan] 28/9/2009 22:14

Yes the number of buyers has been increasing each day. Today there where 53 Trades, I think on both PLUS and LSE. On Friday it was only 30 trades.

I am sure each new person trading cannot help telling a few friends. I am sure word will soon get out.