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cynic -

23/08/2010 7:00am

CANCELLATION OF ADMISSION OF SECURITIES TO TRADING ON AIM

WEST CHINA CEMENT LIMITED

At the request of the company trading on AIM for the under-mentioned securities
have been cancelled from 23/08/2010 7:00am.

Try HKX:2233 ?

so where does this leave poor chaps who hold the shares, not that i am one?

it leaves them in HK rather than London

Trust you research other stocks in more depth - although I suspect your posting is deliberately negative.

i was merely curious ..... and i rarely research much, but rely on others who enjoy doing that sort of thing

I switched to HK on the delist and still hold. Ticker's 2233 as mentioned above. Excellent interim statement recently plus great contract wins re rail routes in China and up over 40% since HK IPO - oversubscribed many times. Now equivalent to about 990p with GBPHKD also helping at the moment. It's still on a low PE and I think it's got legs for further gains so staying with it.

West China (2233 HK) has had a very good run since the IPO in HK - up approx 70%. A couple of buy recs recently and another overnight causing the latest 12% move. Probably quite a bit further to run. Now equiv to over 12

Another strong session, currently up over 7% on the day.

"West China is Shaanxi's 2nd largest cement producer in terms of production capacity in 2009. We believe Shaanxi would benefit from the western development projects. As such, we expect WCC a prosperous business outlook driven by the capacity expansion and outstanding profitability protected by its existing geographical edge. We initiate buy rating with target HKD 3.10 representing 9x fy11, compared with peers avg at 10.6x" ICBCI reporting.

Now up nearly 100% since Hong Kong listing.

took some profits today, but remain in there for the much needed re-rating.

Ironically, it was my cynicism with how long the market has taken to re-rate which led me to this part disposal. If it pulls back under $3 I'm rebuying.

And another firm day, up 8% taking us to new highs. That must equate to nearly 14 now. Last week we saw the largest volume since the first couple of days in HK - funds taking positions I would imagine. Still has the legs for sustained gains imo.

Starting to trend higher again now, touching HKD 3.20 last night. A couple of buy recs out, with the latest targetting about HKD 3.80. The JV announced over the festive period looks astute imo.

Interesting WCC (now 2233 in HK) got the most red flags.

http://www.thestandard.com.hk/news_detail.asp?pp_cat=1&art_id=113036&sid=33005198&con_type=1


Perhaps the AIM market viewed the company correctly and gave it a low rating.......

P's post refers to Moody's ratings, and the relevant bit is extracted herewith .....

Forty-four Hong Kong-listed mainland firms have been given "red flags" by Moody's Investors Service on concerns about their accounting standards and governance risks ...... West China Cement (2233) shares closed 14 percent lower at HK$2.43 after being given 12 flags, the most among the screened firms. It fell as much as 26 percent during the day.

as you will note, it was HK$ 3.20 in january ...... and so many of you question my sanity when i post that i do not trust chinese companies ..... correct to question my sanity, but not in this particular!!

For those that follow it in Honkers.

http://hk.gtja.com/UploadFiles/gtja_Report/2011/08/0223320110810Ray.pdf


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