Share Name Share Symbol Market Type Share ISIN Share Description
Haike Chemical LSE:HAIK London Ordinary Share KYG423181083 ORD USD0.002 (DI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 38.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
1.00 75.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 85.10 2.42 0.05 767.0 15
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 38.00 GBX

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Date Time Title Posts
15/3/201812:42Haik, Fast growing Chinese Stock, forward pe 5 (perhaps lower)....10,685
13/4/201610:17HAIKE - Chinese Petro-Chemicals1,469
08/5/201215:46HaiKe Chemical - Strategic pursuit of margin-
04/1/201210:07Haike - Recent Developments14
28/11/201115:46HaiKe Chemical Group Limited120

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Haike Chemical (HAIK) Top Chat Posts

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.
dave4545: bye with 30p though which is very acceptable. Could ave easily stiffed shareholders with no offer and then what would the price have done today.
gb904150: I guess what's difficult is the conflict of interest. The MBO team's interest is to pay as little as they can get away with. In that case a low market cap / low share price suits them as a 'current market price' and they can just pay a premium to that. BOD are exploring options....cancellation from AIM and continuing as a private company. In such circumstances, the Company would seek to arrange facilities for shareholders to exit their investment at a small premium to current market levels, although there can be no certainty such facilities can be arranged or at what level. It's not great for the original investors who paid the IPO price of £0.80. It's unlikely they will pay what it's worth - which would be a multiple of the earnings. All they've create dis given uncertainty which investors don't like, that leads to a weak share price which is what we're seeing. But yes, a small premium to today's share price might be something like 25p but the BOD won't have much interest in seeing the share price climb between now and whenever they make their move.
galeforce1: Let's assume that HAIK's board has already decided to de-list from AIM, and they have already pretty much committed to buying out shareholders at 'a small premium to current market prices'. What price do we think that small premium might be and what can the company afford? Maybe a 50% premium to our current mid level, perhaps? So perhaps around 30p per share? There are 38.3m shares. Let's assume they have to buy out 40%, that's about £5m. Can the company afford that? Barely. Cash on the balance sheet was £6.5m at end of June 17. I think a level around 25p is more likely.
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
dave4545: Agree, might as well hold. It would not surprise me if the price recovers gradually now. Not heavily traded so once those that decide to move on are all out I think the price might edge up 18.8p to buy currently
simonparker5: The wording of an RNS is always considered at the price at that time. The RNS was released when the price was 28p, therefore a small premium would indicate somewhere around the 30p mark. It would seem a sensible strategy to buy today at sub 25p for a 25-50% gain. I have taken the plunge at 19p lets see what % I make.
dave4545: Well the only good thing about that Rns is they might let people bail out around current price before the drop. Probably safer to bail in the market but only if the price recovers
the oak tree: I suspect we have a few here that are traders and still others punting on it like a tiny oil share . Nothing wrong with that as a market is about a range of investor types. But I view haike as a value investment to be held for the medium term. So the share price will spike, then there will be the usual sell off , but I intend to hold and get the big long term rise. I like how management are low key on their tone of trading. They always call out difficult trading conditions . But I also note they used the work "sustainable " in the second paragraph when describing the 2016 profit. Basically I believe they found a way with new personnel to make money from there business. Remember oil price is low. I suspect we may get one or two pleasant surprises on profit this next year or so. No reason then for a share price of a pound or so.One happy holder!
sparky333: Is HaiKe Chemical Group Ltd (HAIK.L) Starting a Bull Run? Pushing higher over the last five sessions are shares of HaiKe Chemical Group Ltd (HAIK.L). The stock has risen 29.17% over that span, yielding profits for savvy traders. Looking a bit further out we note that the stock is 19.23% for the past 4-weeks, 102.17% over the past 26 weeks and 257.69% over the past year. Now we'll take a look at how the fundamentals are stacking up for HaiKe Chemical Group Ltd (HAIK.L). Fundamental analysis takes into consideration market, industry and stock conditions to help determine if the shares are correctly valued. HaiKe Chemical Group Ltd currently has a yearly EPS of 5.80. This number is derived from the total net income divided by shares outstanding. In other words, EPS reveals how profitable a company is on a share owner basis.Another key indicator that can help investors determine if a stock might be a quality investment is the Return on Equity or ROE. HaiKe Chemical Group Ltd (HAIK.L) currently has Return on Equity of 13.73. ROE is a ratio that measures profits generated from the investments received from shareholders. In other words, the ratio reveals how effective the firm is at turning shareholder investment into company profits. A company with high ROE typically reflects well on management and how well a company is run at a high level. A firm with a lower ROE might encourage potential investors to dig further to see why profits aren't being generated from shareholder money.Another ratio we can look at is the Return on Invested Capital or more commonly referred to as ROIC. HaiKe Chemical Group Ltd (HAIK.L) has a current ROIC of 13.55. ROIC is calculated by dividing Net Income – Dividends by Total Capital Invested. Similar to ROE, ROIC measures how effectively company management is using invested capital to generate company income. A high ROIC number typically reflects positively on company management while a low number typically reflects the opposite.Turning to Return on Assets or ROA, HaiKe Chemical Group Ltd (HAIK.L) has a current ROA of 1.76. This is a profitability ratio that measures net income generated from total company assets during a given period. This ratio reveals how quick a company can turn it's assets into profits. In other words, the ratio provides insight into the profitability of a firm's assets. The ratio is calculated by dividing total net income by the average total assets. A higher ROA compared to peers in the same industry, would suggest that company management is able to effectively generate profits from their assets. Similar to the other ratios, a lower number might raise red flags about management's ability when compared to other companies in a similar sector.
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