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HAIK Haike Chemical

38.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Haike Chemical HAIK London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 38.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
38.00 38.00
more quote information »

Haike Chemical HAIK Dividends History

No dividends issued between 27 Apr 2014 and 27 Apr 2024

Top Dividend Posts

Top Posts
Posted at 16/2/2018 09:09 by galeforce1
It's great to see that HAIK is treating its shareholders so fairly here.

They have decided to de-list from AIM, which they can do on a 75% vote, but they are providing an exit facility at a fair price.

This is exactly what did NOT happen with Fusionex in May last year. That AIM-listed Malaysian tech company announced an intention to de-list but provided no exit facility. The ensuing stampede to sell at a 70% loss was deliberately provoked.

The AIM rules need to be modified so that companies are obliged to behave as HAIK has done here.
Posted at 16/1/2018 23:00 by dave4545
That is TNCI that also delisted and offered 20p a share to buy out a small % of shares they did not own when price was 3p, more than a fair deal at the time.

Haik has one massive 55% shareholder which is 22 employees of the company, 2 other far east investors hold 12% so that makes 67%, so 33% left, rough Hargreaves Hale hold 10%
which could be pi's but seems a lot for pi's for them so that leaves after that 23% which must be held by pi's maximum.

Guess it all depends on your risk factor but atm there is still a possible chance
of a 30p return so that should easily support the current price around 17p and if there is any more weakness others might fancy the gamble of double or nothing or double or a little bit back lol
Posted at 08/8/2017 09:01 by sparky333
Business booming, oil price steady, margins accelerating, profit accelerating, turnover accelerating. Move to further increase high end chemical production increasing.Yet PE 7, over half market cap in cash and could be on a PE under 3 next year.Utter madness selling at this level which will be regretted big time in 2018 when I expect another year off multi bagging.I should also add possible dividend next year is highly likely.
Posted at 13/7/2017 09:16 by sparky333
Haik is going to explode, last chance saloon below 50p
Posted at 12/7/2017 14:54 by sparky333
Haik ticking along nicely and still on a very cheap forward PE.
Posted at 27/6/2017 10:47 by tevita
oh dear another FAILURE by hatey


hatetrader‏ @hatetrader1 19h19 hours ago

#Haik, shows what can happen if you panic sell in this market when actually the news was positive...25p low sold now 31p bid
Posted at 26/6/2017 09:13 by bewarepaul
hotaimstocks - 19 Apr 2017 - 11:22:34 - 10291 of 10531 Haik, Fast growing Chinese Stock, forward pe 5 (perhaps lower).... - HAIK


just the beginning .. will see this above 40p ...
Posted at 05/6/2017 12:30 by the big fella
Yes I was rather hoping they reinstated the Dividend this year, however that really would light the touch paper here as there are not many Chinese companies that pay dividends!
Posted at 01/6/2017 22:07 by sparky333
Among the top performing small caps was Haike Chemical (HAIK) as it delivered an impressive CNY302.8m turnover in the first four months of 2017, up from CNY225.5m. The stock soared 30.8% to 34p
Posted at 23/1/2017 19:27 by phil1969
A bit of research on hxxp://www.haikechemical.com/shareholder-information shows only 56% of shares not publicly available.

81% is held by Hi-Tech Chemical Investment Ltd, employees and institutions.

Realistically only 19% of free float!!

Hi-Tech Chemical Investment Ltd has Mr. Xiaohong Yang as its chairman and major shareholder. He is also Haikes chairman.

Some Chinese companies on AIM are considered very high risk and trade at a huge discount to its non Chinese peers.
Reading back through the history of Haike and its history on AIM. This profitable, low debt business shouldn't be trading at such a huge discount and todays trading update has brought this to a lot of investors attention.

Current p/e only 6, not unusual for Chinese AIM stocks but Haike the more reputable can command p/e of 8-10. Giving a further 30-60% upside. (45p-55p)

Looking at finals for 2015 released May 2016 - "No dividend is proposed for this year. When the Group's profitability has further improved, the Board will consider the resumption of dividend payments."

The groups profits have improved drastically and debt substantially reduced. Given 55% of shares are held buy Hi-Tech Chem, it wouldn't surprise me if there is pressure to reinstate the dividend. An AIM stock with pe below 10 considering to reinstate dividend payments. This would also put a rocket under the share price

Also compare the wording of the January 2016 trading statement to todays. Massively different, so positive for 2016 figures yet to be released and a very confident outlook for 2017.

We will see another rush for shares first thing before hopefully settling in the mid to high 40's

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