Haike Chemical Share Discussion Threads

[the oak tree] 26/1/2015 09:06

That's me in , bought 73k shares first thing. Have followed haike for years and never thought I'd buy again. But look at the chart history and the market cap of £7m against turnover of £104m . The big news is it's debt free and profit making. Can see share price at 60+ in due course.

[kaos3] 24/1/2015 09:00

me too. Monday shopping

[joemillion] 24/1/2015 04:01

Count me in on Monday morning after my tea and toast. Seems like a no brainer really with lots of topside to be had. 4 or 5 bagger potential within 12 months possibly?

[skier100] 23/1/2015 12:59

Volumes are unprecedented for HAIK today. Roughly *500 times higher than the normal daily average*. And it is only lunchtime.

Such a burst of volume, combined with the higher shareprice today, is a very bullish sign.

[arab3] 23/1/2015 11:34

very quiet here today considering

[skier100] 23/1/2015 09:48

HAIK does £100m annual revenues... and is now returning to profit again... All for a £4m market cap... Due a major rerate...

[napoleon 14th] 16/11/2014 17:58

Just keeps barking.............

[odvod] 30/9/2014 10:55

notable for all China stocks

Gross profit was RMB47.0 million for the six months ended 30 June 2014, an 18.4% decrease compared with the same period in 2013 (H1 2013: RMB57.6 million).

!!!!!!!!!!!!!!!!!!!!!!!!!!!
The decrease was mainly attributable to an increase in direct labour cost as a result of an increase in domestic inflation.
!!!!!!!!!!!!!!!!!!!!!!!!!!

[meijiman] 29/4/2014 13:58

having read the RNS today its very difficult to call this. Becoming specialty chemicals might be worth a re-rating but there are alot of things which are unclear -at least to me.

[meijiman] 25/2/2014 15:37

now falling. very difficult to call.might be cheap -maybe expensive wish I knew!

[fillipe] 24/2/2014 11:11

36p currently at the ask. Only 2 lots of 5k showing there. No wonder with so few shares in the free float.

f

[odvod] 12/2/2014 10:50

rising again

[kaos3] 07/1/2014 20:13

W Buffett is buying special chemicals, pipelines and storage. Must be strategic positioning. One can hardly buy something new due to permitting if nothing else. I can see nothing Co specific for share price movement

[the oak tree] 07/1/2014 20:01

No idea! But am sure someone knows something. Perhaps a stake building but turnover appeared low today.

From the Trading update below of 13th Dec 2013 it looks like it could well be one of those options the Chairman mentions??

Mr Xiaohong Yang, Executive Chairman, said:

"We are disappointed by the performance especially in the refinery division. Given the difficult operating environment, we've carried out several measures to compensate for the shortfall in the refinery as well as further development of speciality chemicals. Meanwhile, the Company continues to examine various options for the best interest of our shareholders."

Interested to hear what others think.....?

[meijiman] 07/1/2014 16:20

anyone got a view on the recent rise here????

[gaf55] 26/6/2013 01:35

I'm in China and got on ok, Haike Group contact info below if you are interested?

For further information:

HaiKe Chemical Group

HaiKe Mansion,
No. 726, Beiyi Road
Dongying City
Shandong Province
China

George Zeng, Chief Financial Officer

Tel: [phone]
[phone]
Fax: [phone]

Email: [e-mail]

Cardew Group

12 Suffolk St
London
SW1Y 4HG

Shan Shan Willenbrock /Alexandra Stoneham

Tel: [phone]

Email: [e-mail]

[kaos3] 13/6/2013 07:10

when tried investor relation part I got
Internal Server Error

[napoleon 14th] 05/5/2013 12:04

The whole of China is an accounting issue!

If these manage to do better & restore the SP, all well & good & the sooner I can get out!

[odvod] 29/4/2013 11:34

what does it mean? accounting issues?

[napoleon 14th] 25/1/2013 17:03

Not a great trading update.
Not worth selling as they could, with more flexible fuel pricing, make a go of it yet. Also, China's economy is OK for now, so it's not over yet.