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West China Cement - Growth (WCC)     

PapalPower - 28 Mar 2007 08:01

Chart.aspx?Provider=EODIntra&Size=283*18Chart.aspx?Provider=Intra&Code=wcc&Size=


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 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..

fortitude18 - 07 Apr 2007 18:28 - 41 of 140

jimmyb,

ignore Cynic, he's a bore. He was ripping SOLA's business model apart (ie its chinese etc etc) only last year and then started to buy/sell/buy..of course initially he wouldn't touch it with a barge pole.

WCC is a well run business with big plans. The next Chinese Lafarge!

like i said, bores like cynic like to prohesise and proffer advice to poor, unsuspecting PI's like ourselves!

zzzzzzzzzzzzzzzzzzzzzz

cynic - 07 Apr 2007 19:18 - 42 of 140

wrong! .... i was asked to post by a"friend" on another thread .... time will tell; if i am wrong am delighted to be so ... at least i am happy to own up when i am which is considerably more than most here .... like you, they berate me for taking a contrary view to their own, but never have the backbone to stand up to admit when i am right, which is rather more often than you care to credit .... or for that matter, when they are wrong!

by the way, you are 150% wrong about NMS .... suggest you look at www.stockexcexchange.com and also learn what is meant by NMS

fortitude18 - 08 Apr 2007 00:50 - 43 of 140

you were completely wrong about SOLA and u r completely wrong about West china cement. you are grasping at straws now mr cynic re: NMS. knob head and bore......take your place over on danvf..cruxificfion is awaiting u..

just one word for you cynic........... SOLA!!!!!!!!!! you bought ahahahahaha

wrong wrong wrong]

cynic - 08 Apr 2007 07:48 - 44 of 140

do try to cut out the childish abuse; it really is very dull .... yes, i did buy SOLA in the end and did very well out of it ..... in due course i sold out at 566 and was told in no uncertain terms that i was very foolish and that it would continue to rocket ..... which it briefly did to just over 600 ...... since when it has come back to about where i sold and is looking to weaken further ... if it pulls back to about 400, i shall consider buying back in.

WCC may do well eventually, but imo there are much better places to put money with a much greater likelihood of a decent profit

fortitude18 - 08 Apr 2007 10:00 - 45 of 140

you spent weeks and weeks decrying SOLA and then you buy the stock and tell the thread you 'did very well out of it'! You even say that if it falls to 4 yo would buy back in! It is obvious to me that had you done a little research into SOLA before spouting your crap on here you would have made a hell of a lot more AND would not have exposed yourself to ridicule. IMO anyone who decries a company because it has the word 'Chinese' in it is simply neive and at worst malicious.

Your bearish nonsense places fear in the heads of those investors who are a little less experienced than I and therefore deserves to be exposed and ridiculed

porky - 08 Apr 2007 13:41 - 46 of 140

Cynic.
Keep up the good work, it`s always important to hear both sides of a story.
Cheers.
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