.

bargepole stock anything chinese. Spammers everywhere trying to promote it like yourselves, no doubt another TAIH this pile of rubbish.

in fact i think i'll short this as obvious someone trying to pump the price up given all the weekend spamming.

TAIH was and is a pile of plop. No argument there.

This company, CHNS, is looking very good now. Wait for results kate bates and see if you can pick any holes in them.

By return, I shall keep an eye on anything you like, and return the favour. So what do you think is good kate, dont be shy, tell us please.

not this rubbish, try a search to see what i'm in instead of spamming this dead dog everywhere.

Have a read of what TMF said the other day - this is not rubbish, and you are making yourself look a total idiot by trying to say it is.

Thats your perogative though.


Extract from this link :

http://www.fool.co.uk/news/investing/company-comment/2009/03/24/stocks-so-cheap-theyre-nearly-giving-em-away.aspx

"................China Shoto (LSE: CHNS) looks like another successful and growing business. The Company manufactures and supplies batteries, mainly to the Chinese market. Its recent trading statement revealed that profits in 2008 will be ahead of market expectations and 50% higher than in 2007. There is some bank debt although it looks comfortably manageable at only 23% of the value of total tangible assets. So why does the market value China Shoto at only 2.9 times 2008 earnings, especially when there is a forecast dividend yield of 4.3% on offer?............"

why am i? It's ramped up rubbish and i suspect you are the one who has been spamming this all over advfn. Well done, the quickest way to alienate anyone from touching a share. Toodle peep.

And you continue to make yourself look an idiot.

Can you tell us why its rubbish ?

Is it because they are producing over 40pence of earnings ?

Is it because they will pay a cash dividend of over 5pence ?

Is it because the PER is around just times 3 ?

Is it because the company have said 2009 will be another strong year ?

Is it because H2 will be strongly cash flow positive from operations ?

Please shed some light or you really are making yourself look a fool and a tool when it comes to valuing companies.

BTW I do not post or use ADVFN so do not go accusing me thanks.

Building nicely, price is now up from 113p mid a few weeks back to now over 130p mid, and its still ridiculously cheap IMO :)

Couldn't agree more, and pleased to see the "slow" steady progress that surely must continue to the 2 mark (PE of around 5)

Good end to the week. Will results be next week ? They are due in April, so anytime now.

If the market can carry this optimism into the results week, then that could be just the filip we need to take this to a new trading range

Nicely up today again. With what should be well over 40 pence of earnings and a very positive outlook this should and could soon be well north of 250p levels.

Its a steal at under 10 times earnings....and that is over 400p.

.

.

Results 28th April.

From uk-analyst.com today :-

"Seymour Pierce issued a 'buy' note on China Shoto (CHNS), the batteries company, ahead of its full year results due to be released on 28th April 2009. The broker expects the company to report pre-tax profit of 10.5 million pounds on revenues of 170 million pounds representing a rise in each of 50% and 58% respectively. The company is a major beneficiary of the cellular infrastructure spend. The broker added: "We believe the market will concentrate on the outlook for 2009 and 2010 in the context of the growth estimates for China and India. We note that Chinese first quarter GDP data is due out today. Growth of 6-7% is expected. While this is down on our December 2008 estimate of 8%, an above positive 5% number is exceptional relative to other global economies. Against this background we think China Shoto is well-positioned. China Shoto has a modest export exposure (less than 10% of sales) to India. We expect the company will update the market on trading in that territory on 28 April.

Lively today.

The Seymour buy note will have generated some interest, however there is more on the bones if look.

Firstly, CHNS is on a low PER, trading now at sub 4 times soon to be historic EPS.

That on its own means little in the current climate as many stocks are on low PER's however ;

Secondly, CHNS should be paying a cash dividend of circa 5p, and in these times when banks are giving nothing on savings accounts, a nice little yield on a stock makes a different.

Once again, a few low PER and dividend paying stocks about, however, the key here is that CHNS has a strong outlook, or so we hope. The on going "domestic stimulus" in China is designed to boost domestic demand, and help the domestic situation. Its not about "saving the world' its about saving China. This is were CHNS benefits as the telecom companies have put in place major expansion plans for 2009/10/11 and onwards.

This boosts the backup battery telecoms side for CHNS, and allows further growth for the next visible few years, ignoring their other electric bicycle, green energy and other sides of the business.

So you get a low PER, a cash dividend and strong growth outlook, and that is what makes CHNS special IMO, a good investment perhaps.

Time will tell.

Results due 28th April.

Fully agree proselenes, and appreciative of your newsflow.

I think you should add that it is not soley about the telecomms market, but that there are a whole host of others in which the company is involved, and which by the nature of what is happening to China now, is likely to provide golden opportunities.

Your point re:divvies should additionally comfort those with a fear in sending their money out east (rather than keeping it in a nice secure european bank like northern crock, hbos, or iceland.com !!!)

Seymour Pierce notes last week :

"China Shoto 3,5 (BUY) - Results preview
CHNS.L (142.5p) Market cap: 33m

China Shoto reports its FY 2008 earnings on 28 April. We expect the company to report PBT of 10.5m on revenue of 170m. This represents an uplift of 50% and 58% respectively. The company is a major beneficiary of cellular telecoms infrastructure spend. We believe the market will concentrate on the outlook for 2009 and 2010 in the context of the growth estimates for China and India. We note that Chinese first quarter GDP data is due out today. Growth of 6-7% is expected. While this is down on our December 2008 estimate of 8%, an above positive 5% number is exceptional relative to other global economies. Against this background we think China Shoto is well-positioned. China Shoto has a modest export exposure (less than 10% of sales) to India. We expect the company will update the market on trading in that territory on 28 April.

Shares in China Shoto have risen by 39% so far this year. Coincidentally, the Shanghai Composite index has risen by the same amount. On our December 2008 forecasts, the shares are trading at a PE multiple of just 3.5. We expect forthcoming results to prompt a re-rating."

Up a good 4% on a market down day, cannot ask for more.