Jarlway Share Discussion Threads

[flashheart] 13/2/2007 20:25

aye and more to come without a doubt.

[kaffee] 13/2/2007 18:44

That'll be a breakout then.........

[flashheart] 19/1/2007 16:28

Unless there is a large delayed buy(s) reported after hours.

[macca28] 19/1/2007 16:27

well you can't say there has been a flood of trading activity

[flashheart] 19/1/2007 13:55

I thought about increasing earlier and was quoted 16.6 by TDW when the mid was 15.5. I didn't take it.

[flashheart] 19/1/2007 13:47

Maybe worth considering if theres a pull back during the afternoon although this stock is so illiquid that once it moves (in either direction) it does so strongly and quickly. There doesn't appear to be many shares in free float.

[flashheart] 19/1/2007 12:29

On the move Squareroo.

[energyi] 18/1/2007 09:29

Edison Control Corporation
SEE ALSO: Financials | News | Profile
CONCRETE PUMPING SYSTEMS ACCOUNTED FOR 79% OF 1999 REVENUES; PIPING SYSTEMS, 13% & CONCRETE & MORTAR/PLASTER MIXERS, 8%
= =

Company Description

Edison Control Corporation. The Group's principal activities are to design, manufacture and distribute concrete pumping systems and accessories. The Group conducts business through its principal operating units Construction Forms, Inc. (ConForms), CF Ultra Tech Inc, (Ultra Tech) and South Houston Hose Company, Inc. (South Houston Hose). ConForms unit designs, manufactures and distributes concrete pumping systems and accessories. It produces straight pipe sections, couplings, reducers, bends, elbows and valves. Ultra tech unit manufactures and markets abrasion resistant piping systems which is extensively used in mining, pulp and paper mills, waste water treatment plants and coal-fired electric utility plants. South Houston Hose is engaged in the distribution of industrial hose and fittings. Concrete pumping systems accounted for 77% of 2003 revenues; Resistant piping systems, 14% and Industrial hose and fittings, 9%.

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REFORMATED...

Company Structure
When first established in March 2002, Jarlway was incorporated as a Sino-Foreign Joint Venture (JV). In November 2004 the company was granted approval to transform into a WOFE 100% owned by Jarlway International. Prior to its London capital raising, Jarlway International has been owned by Mr Ng Chi Chor, Director and his wife Mrs Ng Chi Chor, and other main board directors.

A WOFE is one of the company structures used by non- mainland Chinese to set up manufacturing in China and is completely owned by a non-Chinese interest. WOFEs have the advantage of not relying on a partner company as with a JV and they are subject to different rules and regulations. As the JV was set up from scratch, no additional liabilities were passed on from the conversion from JV to a WOFE.

Mr. and Mrs. Wu have a very limited command of the English language and institutional investors should not expect their meetings with investors to follow the normal pattern. Hardman & Co. investigated this company with a visit to the Jarlway premises in China by the firm's two in the world. Jarlway carries out its own R&D to keep up with the market and to try and get a technological edge. It currently holds 3 patents in China for the body design of the trailer pump, the programmable lubricating control system and the speed variation control device in the diesel engines for use in the concrete pumps.

Jarlway has 3 main product lines, the static trailer pump and the truck mounted line and boom pumps. Within each range there are a large number of different models with varying specifications. We understand that the Prospectus may treat both forms of truck mounted pumps as a single category.

The static trailer pump which is the most commonly used pump in the China market has been Jarlway's principle product range with sales in 2003 reaching 234 units. To keep up with the maturing concrete pump market Jarlway has also developed and produced new ranges of mobile line and boom pumps. Line pumps are basically a trailer pump mounted on a truck chassis and boom pumps have an extendable dispensing arm mounted on a truck chassis.

Jarlway have also ...

[energyi] 18/1/2007 09:26

18 July 2005 -
London listing for Jarlway
Jarlway, the Chinese concrete pump manufacturer, has raised £1.25 million through a placing on the AIM section of the London Stock Exchange

- -

Chinese Jarlway Holdings Listed in London Stock Exchange
Jarlway Holdings plc, the holding company for Jarlway Machinery Inc., one of China's largest concrete pump manufacturers, announces that dealings in its ordinary shares have commenced on AIM, a market operated by the London Stock Exchange.

The Company's ticker symbol is "JWY".

4,166,667 new ordinary shares have been issued in the placing at the price of 30p per share. A further 246,666 new Ordinary Shares have been issued as part settlement of adviser fees and commissions. The Placing Shares represent 17.1% of the enlarged share capital. On Admission, the Company will have 24,413,333 ordinary shares in issue and a market capitalisation at the placing price of £7.3 million.

About Jarlway
Jarlway assembles concrete pumping systems, which are generally used in large scale construction projects, under processes that have been certificated to standards similar to ISO9001. Each pump system comprises a feeder skip, electric control system, hydraulic system, motor, valves and piping and all pumps are fitted with Jarlway's patented programmable logic controller. The product line has historically consisted of two series of concrete pumps that are respectively electrically and diesel powered and which are available in a variety of different models to suit differing customer requirements.

Jarlway's current range of pumps variously have a maximum feeding volume of between 60 and 140 cubic metres of concrete per hour, are capable of achieving maximum vertical feeds of between 270 and 350 metres and a horizontal feeding distance of between 1,300 and 1,600 metres.

Line pumps have great mobility advantages over trailer pumps because they are already truck mounted and thus transportation costs are reduced. No heavy lifting equipment is needed to load the pump onto a lorry, nor does the 8 kilometre per hour road speed limit applicable to trailer pumps apply. The time required to relocate a line pump to different locations is significantly less than that required for a trailer pump, making the line pump particularly suitable for customers who need frequent pumping of concrete at different sites. Ready mixed concrete suppliers (concrete mixing plants) and concrete machine leasing companies are typical examples of such customers.


Source: Jarlway

[geologic] 18/1/2007 08:23

Company Structure
When first established in March 2002, Jarlway
was incorporated as a Sino-Foreign Joint Venture
(JV). In November 2004 the company was
granted approval to transform into a WOFE
100% owned by Jarlway International. Prior to
its London capital raising, Jarlway International
has been owned by Mr Ng Chi Chor, Director
and his wife Mrs Ng Chi Chor, and other main
board directors.
A WOFE is one of the company structures used
by non- mainland Chinese to set up
manufacturing in China and is completely owned
by a non-Chinese interest. WOFEs have the
advantage of not relying on a partner company as
with a JV and they are subject to different rules
and regulations. As the JV was set up from
scratch, no additional liabilities were passed on
from the conversion from JV to a WOFE.
Mr. and Mrs. Wu have a very limited command
of the English language and institutional
investors should not expect their meetings with
investors to follow the normal pattern. Hardman
& Co. investigated this company with a visit to
the Jarlway premises in China by the firm's two
in the world. Jarlway carries out its own R&D to
keep up with the market and to try and get a
technological edge. It currently holds 3 patents in
China for the body design of the trailer pump, the
programmable lubricating control system and the
speed variation control device in the diesel
engines for use in the concrete pumps.
Jarlway has 3 main product lines, the static
trailer pump and the truck mounted line and
boom pumps. Within each range there are a large
number of different models with varying
specifications. We understand that the Prospectus
may treat both forms of truck mounted pumps as
a single category.
The static trailer pump which is the most
commonly used pump in the China market has
been Jarlway's principle product range with sales
in 2003 reaching 234 units. To keep up with the
maturing concrete pump market Jarlway has also
developed and produced new ranges of mobile
line and boom pumps. Line pumps are basically
a trailer pump mounted on a truck chassis and
boom pumps have an extendable dispensing arm
mounted on a truck chassis. Jarlway have also


1mn / 3.3mm x 30p \
3.3 / 24= 14% float

[geologic] 18/1/2007 08:20

Jarlway
A Chinese Launch
On AIM 11.5.2005
Jarlway is the third largest manufacturer of concrete pumping
equipment in mainland China, and is expanding market share
rapidly as new models come on stream and its marketing efforts
expand to encompass the whole of the country. Jarlway is raising
new capital on London's Alternative Investment Market in order to
build a much needed new factory.
Following a visit to the factory in China by our local analysts, we
believe that the key points are:
• Strong record of sales and profits growth, with a strategic
decision made to produce static or lower profits this year
while concentrating on business expansion.
• Servicing a rapidly expanding construction marketplace
in mainland China.
• Limited marketing effort to date in many Chinese
provinces, and only minimal attention paid to export
markets
• New product launches give potential to greatly increase
market share.
Jarlway is coming to AIM for all the right reasons. It is among the
the first Chinese industrial companies to float in London, and
many other businesses in China will be watching its reception with
a view to following if the float is successful.

...more:

[flashheart] 12/1/2007 21:03

Squareroo I've been sat on this one for some while now at a bit of a loss. It is however undervalued, unnoticed and unloved by all. This will change at some point sooner than later.