Creat Res Ld Share Discussion Threads

[amario] 25/2/2013 21:12

Should give more confidence to the rise.

[acta_topup] 22/2/2013 13:04

Paying 0.55p

[acta_topup] 22/2/2013 12:18

About to break out

[acta_topup] 22/2/2013 11:22

Chart looking v attractive now. Has been completely oversold

[serge gnabry] 22/2/2013 10:08

lol western businesses such as enron, and the whole financial sectors are businesses that highlighted the transparent practises of Western businesses. its nice that everything bad about chinese is highlighted. is AIM full of mainly chinese companies or UK companies cos there are some real dogs whos promoters are not chinese what do u think of that flopinfo?

[flopinfo] 22/2/2013 09:38

http://www.moneyweek.com/investment-advice/penny-shares/penny-sleuth-why-i-dont-buy-chinese-stocks-on-aim-60618

Why I don't buy Chinese stocks on AIM

By Tom Bulford

Sep 18, 2012


Greg Rudd, the brother of the former Australian prime minister, once met a Chinese businessman who gave him some prudent advice.

"You tend to see the good in people, Mr Rudd", he started. "People like you. You laugh a lot. But you'll never make money in China with that attitude. You'll only be taken advantage of. People will trade off you. They won't pay you. The number one rule of doing business in China is this; never trust a Chinaman. Why would you as a foreigner trust a Chinese businessman when we as Chinese don't trust each other?"

Now that advice is pretty close to the bone. But I've said it before in Penny Sleuth – you have to be very careful when you invest in a Chinese company. The record of AIM-listed Chinese companies is simply awful. And with so many still coming to market, there is a real chance that many private investors will end up making some very expensive mistakes...

[flopinfo] 22/2/2013 09:38

Massive spread.

Massive NEGATIVE EQUITY position.

Acta_topup has been wrong all the way down on this one and no doubt more mug punters getting trapped in it. Bit like his MBW and DLM losers.

[acta_topup] 22/2/2013 09:34

With each small buy it seems. Stock not easy to come by

[acta_topup] 22/2/2013 09:31

On the move again

[andrbea] 22/2/2013 09:11

Didn't the (mega-)rich parent company Creat Group promise to provide capital to keep crhl afloat (seemingly always, via cash injections or drawdowns). If that's true, then the debt situation at crhl doesn't worry me particularly. Compared to the mkt cap of the parent, it's peanuts.
crhl's stake in gxy is in a company going places, that's the main point.

nia dyor

[flopinfo] 14/2/2013 16:42

Good point, well made.

[drunken sailor] 14/2/2013 16:15

I strongly recommend those of you who are excited about GXY, buy shares in GXY -they are available on ASX. Buying CRHL to get exposure to GXY does not make sense, GXY shareprice needs to roughly treble for the GXY investment, which is the only asset they currently have, to equal the debt they have. Thus if you believe GXY will treble, and it prossibly will over the next 12 months, then buy GXY. I sold out of CRHL a long time ago (at a considerable loss but not as much of a loss as I would currently be sitting on had I held) but bought into GXY a little while ago, unfortunately that was just before the accident!

The plant is coming back on line, there is some uncertainty over cashflow and funding, however I think the business is sound and will recover from this unfortunate hiccup, which could not have come at a worse time as they were due to have become cashflow positive this quarter. That will not happen now but I am hopeful that Q2 will be positive. That does not mean any cash is going to flow into CRHL though as all cash generated will go towards funding their other projects.

[flopinfo] 14/2/2013 10:39

Pumpers seem to have disappeared

[flopinfo] 14/2/2013 09:38

Poor mug punters stuck in this now after attempted ramps by some of the most clueless posters on advfn.

[andrbea] 14/2/2013 08:41

this is dated Feb 12th

(poster on gxy thread)

I agree EI2510,

Let's look at where we stopped in mid Nov.

The report a few days before the accident said:
- October production 428 tons
- Oct sales 273 tons for $1.7 mil AUD
- Battery grade Li carb sales commenced
-12 month ramp-up on schedule.

3 months have elapsed since then and last week's ann said that we should
be back in production now.

Oct sales indicate an industrial grade @ $6227 AUD/ton.

If we start up this week one would assume that other plant tweeking over
the past 3 months would enable a higher monthly output.

Lets assume that for the remainder of the quarter that GXY produces
800 tons and sells 500 tons of mostly battery grade Li Carb

This should produce close to $3.5 mil AUD revenue which should
see us on our way to a cashflow positive June Qtr.

The Mar Qtr will likely see more one off extra costs due to the accident.

Based on no more problems, the share price should have bottomed-out and should
see a fairly quick retracement to its early November price of 50c+.
with best regards
Moorookamick

[acta_topup] 14/2/2013 08:29

Actually already in profit having topped up in the 0.2s and 0.3s. But thanks for your concern. My target is more like 1.5p+ which is readily achievable when we really get going

[andrbea] 14/2/2013 08:21

gxy thread

If anyone is going to the meeting (15th), could they please ask the following questions:

(a) Given the recent stoppage when is the plant going to be at full production?

(b) What is their estimate of sales price/ton for battery grade Li-Carb for 2013?

(c) What is the rough estimate of cost per ton of battery grade?

(d) Is there likely to be a market for the plant's complete output of
battery grade Li-Carb or will some have to be sold at industrial grade price?

(e) Has the current China/Japan trade war impacted or likely to impact on GXY?

Thank you
Moorookamick

[dumpat0803hrs] 14/2/2013 08:20

Oh well at least Acta_topup will get to dump his holding for less of a loss

[dumpat0803hrs] 14/2/2013 08:19

Acta_topup

You claimed you were 'topping up' in CRHL a few weeks ago. You were very active on that thread for a couple of days.



Acta_topup
1 Oct'12 - 15:38 - 1795 of 1843

The price action is actually rather good news as I'm nowhere near my target shareholding. I just hope it stays at this level or lower for a week or two longer


You seem to have gone quiet on that now ?

Just like you went quiet on other disaster stocks that you were sounding positive on but then crashed i.e. DLM, MBW etc

Can you just tell are you still 'topping up' on CRHL ?

It seems to be becoming even more and more of a bargain ? You must own about 200% of the Company now right ?

Despite them saying

'the negative equity position has deteriorated futher'

some idiots seem to be selling ! Put them right !

[acta_topup] 14/2/2013 08:18

I reckon we could easily see a 0.65-0.75p trading range today

[andrbea] 14/2/2013 08:16

gxy thread today

14/02/13 11:02 (View) Post Reply Back

The shareholders meeting tomorrow (15th) will certainly include an opportunity for shareholders to ask questions. Given that Resolution 2 relates to the Deutche Bank allocation which relates to the recent operation start up (and subsequent ramp up), i think the company will clarify both factory output rates and well as future financing arrangements.
Looking forward to seeing the outcome of tomorrow.. could be quite important.

MV

[sk02457] 13/2/2013 18:50

How many aliases do you post under, I-ve counted at least 5

SoWhatTimeWeAllDumpingKIBO