PapalPower
- 28 Mar 2007 08:01

Epic : WCC
Last Results :
http://www.investegate.co.uk/Article.aspx?id=200703270701277583T
The Company, which is headquartered in Xi'an the provincial capital of Shaanxi Province, operates three cement production plants in Pucheng, the first of which has been operational since 1977 and now have a combined production capacity of 1.5 million tonnes per annum. Two new lines are coming on line soon which will boost output by an additional 2 million tones. Some of this additional output will be seen in 2007 financial year, the rest in 2008 financial year.
The PRC Government is actively promoting the restructuring of the Chinese cement industry with a shift away from small-scale producers towards large, modern environmentally friendly production plants. This will benefit WCC are the smaller and more polluting plants are shut down and production at larger more efficient plans is ramped up, eg WCC.
Activities
The Group manufactures three types of cement, as well as clinker, a cement compound:
* Ordinary Portland Cement is a mixture of clinker, mineral admixtures (accounting for 6 to 15 per cent.) and gypsum, which is widely used in industrial and civil construction projects
* Flyash Portland Cement is a mixture of clinker, flyash and gypsum. The content of flyash by weight ranges from 20 per cent. to 40 per cent.depending on its intended use
* Composite Portland Cement is a mixture of clinker, at least two kinds of prescribed mineral admixtures and gypsum, which is widely used in industrial and civil construction projects
* Clinker is the base of the above mentioned products, the principal raw material of which is limestone. The Group does not intend to sell clinker as a separate product in the future
cynic
- 05 Apr 2007 11:50
- 21 of 140
good luck to you guys, but certainly not for me ...... i hear China and i am very wary; no web site; very little trade .... none of it sounds good to me ...... by the way, nms is only 2000 so see what happens if you try to sell 6250 in a weakening market!
jimmy b
- 05 Apr 2007 12:38
- 22 of 140
nms is 5000 actually cynic ,,very little trade ??
cynic
- 05 Apr 2007 12:39
- 23 of 140
not according to the official stock exchange page it isn't
jimmy b
- 05 Apr 2007 12:40
- 24 of 140
Iv'e traded them today
cynic
- 05 Apr 2007 12:41
- 25 of 140
that does not mean nms is 5000 .... would sooner trust info on stock exchange site re both nms and volumes over the last few months ..... believe Septic Peg if you so choose
fortitude18
- 05 Apr 2007 12:42
- 26 of 140
wary?.what, with Rob Robertson as chairman..ex boss at Tarmac and Anglo American plus non-exec director at Avocet mining..you're losing the plot my son..its a cement business dude! what's a webiste! I could set one up tomorrow with 500!! means nowt.
Daily MAil described WCC as the best chinese company on AIM. If we'd listen to you cynic none of us would have made a penny in SOLA!
cynic
- 05 Apr 2007 12:46
- 27 of 140
if some of you Wunderkinde listened to me occasionally, you might also find yourselves backing some quality stocks for considerable profit too .... as for SOLA, do you not believe sp is now looking sickly?
hlyeo98
- 05 Apr 2007 12:47
- 28 of 140
cynic doesn't know what he is talking about here.
cynic
- 05 Apr 2007 12:49
- 29 of 140
fine .... i was asked to comment so i did ..... i write as i find; sometimes i'm even right
fortitude18
- 05 Apr 2007 13:58
- 30 of 140
you crack me up you do cynic. you proffer worthless generalisations that are based on opinion not FACT! If we all invested on that basis none of us would make any money.
FACT,FACT AND FACT AGAIN. WE WANT FACTS NOT OPINIONS.
F18
cynic
- 06 Apr 2007 16:57
- 31 of 140
FACT IS you get from me what you get and as i said, suprisingly often it is good advice even if it does not coincide with your opinion.
hlyeo98
- 06 Apr 2007 23:29
- 32 of 140
Cynic, you are generalising that all China shares are no good. I think that is clearly not a FACT.
cynic
- 07 Apr 2007 08:12
- 33 of 140
i have said that any company linked with china i treat with great caution and that is from first hand experience of dealing there.
hlyeo98
- 07 Apr 2007 08:48
- 34 of 140
You are certainly very generalising, cynic
cynic
- 07 Apr 2007 08:52
- 35 of 140
quite possibly, but we do a lot of biz in F/E in general and have learnt that some countries and their practices are more "acceptable" than others ...... even companies that are part govn't owned will not necessarily have the same "moral code" as a similar institution in the west ..... so not just blind prejudice.
hlyeo98
- 07 Apr 2007 10:33
- 36 of 140
Maybe it is just your unlucky experience...
cynic
- 07 Apr 2007 10:50
- 37 of 140
i think not ..... we have a very good Singaporean guy running our F/E operation ..... even SOLA with a cap some 8x greater than this tiddler is prone to some pretty exciting gyrations and i think it is also worth noting the tiny volume of monthly trades in WCC - find via www.stockexchange.com ...... also, though i am mocked for observing that WCC has no web site, it indicates to me that this company lacks the knowledge or nous on how to portray itself to the investing public and institutions, and may well not even care .... finally, the chinese, in common with most orientals, hold round eyes in pretty low esteem, so the fact that some ex plc chairman heads up WCC does nothing at all to inspire me (would you employ Eric Nicoli?) .... does Robertson even LIVE in China? ..... more likely to live in Surrey .... as for non-execs; even with new UK (not Chinese) rules, it is a lovely way to reel in plentiful dosh for little real input.
jimmy b
- 07 Apr 2007 11:22
- 38 of 140
cynic no one asked for your opinion, however if you think its that bad a buy then short the bugger. if your not in them, long or short then why bother posting.
cynic
- 07 Apr 2007 15:16
- 39 of 140
Firstly, none of your biz why i post here; secondly i would neither buy this stock nor short it- the logic for either is different, thirdly, i posted here originally because i was asked to .... fourthly, i don't recollect asking you to reply!
jimmy b
- 07 Apr 2007 17:40
- 40 of 140
i posted here originally because i was asked to .... fourthly, i don't recollect asking you to reply
,Bit cocky arn't you cynic,,,,,,,,,,,,,,,, you come on here like some hot shot stock picker ,giving your opinion and tell me i'm wrong about the NMS when iv'e traded them through two brokers that day,if you read the other posts it doesn't look like everyones waiting for your advice does it . matter closed now thanks..