China Wonder Share Discussion Threads

[monis] 17/5/2010 07:49

cut and pasted the summary as I could not get the results up on this site.

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RNS Number : 9564L
China Wonder Limited
17 May 2010



CHINA WONDER LIMITED
("China Wonder" or the "Company")

Results for the twelve months ended 31 December 2009

Chairman's Statement

On behalf of the board of China Wonder Limited ("China Wonder") and it subsidiaries (the "Group"), I am pleased to present the Group's Report and Financial Statements for the year ended 31 December 2009.

For the year ended 31 December 2009 the Group recorded a profit before tax of £636,543 (which includes a fair value adjustment amounting to £189,728 in relation to share options received in respect of the Groups recent investment in Metroelectric plc) (2008-£128,667) on sales revenue of £4,527,203 (2008-£2,611,329). Basic earnings per ordinary share amounted to 2.76p (2008-£0.95p). At the year end, Group cash and cash equivalents amounted to £740,336 (2008-£334,666) and borrowings amounted to £695,310 (2008-£150,394).

During the year ended 31 December 2009, the Group suffered from the effects of the World Financial Crisis. Swift action by the Chinese Government has meant that the country has not suffered to the same extent as the UK. The crisis has resulted in many companies in China seeking to increase efficiency in order to compensate and this has included expenditure by many companies on improvements to the technology they use. The Group has invested significant sums in developing its own technologies and does expect to benefit from this in the longer term. Notwithstanding the challenges faced, the Group is seeing its business expand.

In the pharmaceutical industry it has always been the case that the value of consumables used by a machine over its useful life will greatly exceed the initial value of the machine.

When China Wonder introduced the Group's new automatic carton packer, customers appreciated that the quality of the materials was critical to the improved performance. The Group therefore decided to invest in a company involved in the manufacture of the carton materials. The money invested has enabled that company to invest in more sophisticated printing equipment to expand its business and it is envisaged that this investment will allow it to continue strong growth over the next few years. This will require the Group to continue its investment programme.

China Wonder is pleased to have moved into new premises in November and these are now up and running very successfully. Largely due to the costs associated with this move, the board do not feel it is prudent to recommend paying a dividend this year.

The board would like to take this opportunity to thank all the staff for their hard work over the last year and to congratulate them on continuing to service the Group's customers during the disruption caused by the move.

The board remains confident that it can continue to grow China Wonder in the coming year.

[monis] 17/5/2010 07:31

Fantastic set of results this morning imo. Only emphasizes how incredibly undervalued this company is imo. dyor.

[monis] 05/5/2010 15:17

another post!

[[e-mail]] 05/5/2010 15:16

zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz/

[monis] 27/4/2010 11:37

Looks like some investors are now realising how undervalued we are. imo. dyor.

[monis] 10/3/2010 13:58

moving up today...

[monis] 27/1/2010 10:36

The last rns appears to state in my opinion that we are presently worth 10p as a minimum. Any thoughts welcome.

I would think we are worth a lot more than that, just need more news flow and then perhaps some press coverage.

[monis] 21/1/2010 07:46

China reports more growth this morning. Can only be positive for CWO imo.

[monis] 20/1/2010 13:56

Not many appear to know about CWO but exciting times ahead.

[monis] 20/1/2010 08:52

Just another illustration of how undervalued we are imo. DYOR

[monis] 20/1/2010 08:33

TIDMCWO

RNS Number : 8315F
China Wonder Limited
20 January 2010

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China Wonder Limited


("the Company" or "China Wonder")


Loan Agreement


China Wonder, the specialist engineering company based in Jinzhou in China,
announces that it recently entered into a loan agreement pursuant to which
Wonder Employees Capital Limited ("WECL") has leant GBP200,000 to the Company.
The loan is for a fixed term of 3 years with interest accruing at a rate of 5%
per annum. During the period of the loan, WECL has the right to convert the loan
into ordinary shares in the capital of China Wonder ("Ordinary Shares") at a
price of 10p per Ordinary Share. The GBP200,000 loan was used to fund the
investment by China Wonder in Metroelectric plc which was announced by China
Wonder on 22 December 2009.


Mr Qingjie Zhao, a substantial shareholder in China Wonder, is a director and
the sole shareholder of WECL and as such, the loan agreement constitutes a
related party transaction.


The directors have consulted with WH Ireland Limited, the Company's nominated
adviser, and consider that the terms of the transaction are fair and reasonable
insofar as its shareholders are concerned.

[monis] 20/1/2010 08:29

Decent rns.

[hillyfields] 24/12/2009 11:14

Thanks to everyone for their interest this year

[monis] 22/12/2009 09:05

Looks like a good deal to me. imo dyor

[monis] 22/12/2009 08:54

news out.

Electric bike business, sounds good to me, expanding market etc.

[monis] 18/12/2009 15:40

fairly decent sized buy went through on plus today imo dyor.

[monis] 08/12/2009 17:04

It's very different imo. If you do some research you will see that this company is undervalued imo.

[monis] 30/11/2009 07:20

I would expect the gains to continue today. imo.

[monis] 27/11/2009 12:56

Company making a profit in China with a market cap of £1.4m. imo dyor

[monis] 27/11/2009 12:11

Surprised so few have noticed this. Massively undervalued imo, chart looks set for a retrace and to continue gains. imo dyor.

[monis] 27/11/2009 11:29

buys today on plus and lse dyor

[monis] 27/11/2009 11:22

moving up nicely today.

[monis] 29/10/2009 11:21

Big buy at 11p gone through. imo dyor