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

i have said that any company linked with china i treat with great caution and that is from first hand experience of dealing there.

You are certainly very generalising, cynic

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.

Maybe it is just your unlucky experience...

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.

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.

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!

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..

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

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

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]

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

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

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

thanks m8 .... F18 can rattle all he likes ... for myself, i am very happy to keep banking profits when the time looks right ..... at the end of the day, the only thing of importance is whether or not sp rises or falls ..... researching the chairman's breakfast preferences or even what "might might happen if" is fine for those who like that sort of thing.

new to wcc, bought in on IC advice, good return so far but hoping it will go further.

IC is very positive on WCC. It will go up further.

cynic spent at least the whole of aug and sept 2006 criticising and scare mongering about Renesola. I was bullish so I bought and he was bearish so, erm, well he bought also! Laughable hypocrisy or ludicrous duplicity. Confused? You should be. Is it possible to respect a person's opinion who says one thing and does another? No, i think not, so when he comments on a stock he clearly doesn't own then you know he's scaremonerging.

His opinion his based on nothing more than assumption. He prefers this subjective approach because he refuses to acknowledge the facts that are presented to him in WCC's 2006 financial results.

It is my intention going forward to ignore or certainly refuse to respond to his provocations. His neivety and ignorance about the stocks he chooses to comment upon are revealed by his double standards displayed on the SOLA thread.

Pop over to the SOLA thread and go right back and check his postings from beginning to end and you'll quickly discover his approach.

I really do appreciate constructive criticism of the stocks I buy. Analysis of a company's financial position vis a vis its results or analysis of the industry in which the company operates but to say 'it's got the word china' in the company name so no thankyou does not, IMO, inspire confidence in his contributions.

Quite sure the guy is a decent and respectable person but ive seen de-rampers at work so many times so for me I'll leave it upto others to accept or reject his input.

Fortitude, I have gone through the posts in SOLA and I would have to agree with you. Creating bad press for a good company is certainly demeaning. De-ramping a company and then get in yourself is a sham. Shame on you, cynic.

i never either ramp or deramp as you guys contentiously like to call it ..... i post as i see things, whether or not that falls in line with the favoured line of thinking .... if i change my mind, as i did with SOLA, then i have no problem posting as much ..... equlally, if i feel certain shares are better sold (not the same as shorting) then i will post that too, whether it is to bank a profit (SOLA again if you like) or because sp is just not performing despite the underlying quality of the stock (e.g. TLW)