This share has started to rise rapidly after the trading update which was very encouraging. The company provides batteries for mobiles etc and alternative power supplies. floated at 135p-should be a good investment with results due on April 18th.

"Our countries" ... how many you got ?

We got 31 here in Wales to support ... good luck with the penalties :-)

COME ON BRAZIL !!!!

Share Placing, but more interesting is the CEO's comment on 1st Qtr trading:

'The first quarter of this year has shown strong growth compared to the same period in 2005 with revenues up by 170% and profit after tax showing an increase of 133%. As such we look forward to the future with considerable optimism.'

Nice One, growing rapidly :-)

China Shoto plc
09 June 2006


Press Release 9 June 2006


China Shoto plc

('China Shoto' or 'the Company')


Placing to raise 5.0 million


China Shoto plc (AIM:CHNS), a leading Chinese producer of industrial batteries
and power supply systems, is pleased to announce that it has conditionally
placed 3,143,750 new ordinary shares of 10 pence each in the capital of the
Company ('Ordinary Shares') at a price of 160 pence per share, raising a total
of 5.0 million (before expenses) for the Company. Application has been made to
AIM for the new shares to be admitted to trading, which is expected to commence
on 12 June 2006.


The proceeds of the placing will be used to: increase AGM battery production
capacity as well as to provide working capital for the Group; extend the current
AGM product portfolio through an investment in Zhenghe Power Supply Company;
purchase the power type battery business of Jiangsu Electric Wire and Cable Co.
Ltd; and also to increase the Company's current 51% stake in Beijing Full Three
Dimension Power Engineering Co., Ltd ('FTD').


Commenting on the Placing, Cao Guifa, Executive Chairman of China Shoto plc,
said: 'We are delighted with the response and support shown by both new and
existing investors. The funds raised will allow China Shoto to undertake the
next stage of its business strategy. The first quarter of this year has shown
strong growth compared to the same period in 2005 with revenues up by 170% and
profit after tax showing an increase of 133%. As such we look forward to the
future with considerable optimism.'


The Placing has been undertaken by Seymour Pierce Limited ('Seymour Pierce').
The new ordinary shares will rank pari passu in all respects with the existing
Ordinary Shares in issue.

Oh look, up the SP goes!

Due a major re-rating when the market catches on.

Placing explains why the share price fell over the last few weeks now onwards and upwards.

14 quid price target ;)

Looks like you did a good bit of trading there Dil.

That trading update makes pleasant reading.

all the best

capa

SP Rise now over 10% on today's RNS. The future looks (battery powered) bright!

SP Rise now over 10% on today's RNS. The future looks (battery powered) bright!

Pommy ... stick to losers like Arsenal , England .....

:-)

Good trading Dil-I'm not back in yet but hoping to soon. Are you looking at any other chinese stocks? I hold EBT EPE EPY CSB and LDC all healthy but not really taking off yet-PCM and AKO were very bad buys I'm stuck with!

Not good trading just lucky , not holding any other Chinese stocks at present.

In today at 201

Took a stake in this one yesterday (trading stake). Looks like its on a roll and with the new factory opening this month we could get good news flow. Forward P/E of only 10 and looks very cheap to me.

much better spread on this one now. Anyone checking out EPY?

Was tempted moneyplus but with recent declines all well my portfolio is looking rather stretched at the moment!

ould get news from SCSW this weekend on this one. Anyone a member?. I know the tip sheet is following this one.

Looks like it's starting the run up to the Interims.......

Interims due end of August/Start of September.

Breaking out big time.

Results must be decent.........

Getting interesting , lets see if it holds.