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

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)

cynic, you dont have to defend yourself to others, you know the truth of the matter and thats all that matters. just ignore em.
best regards
jkd

thanks jkd ..... fortunately i am pretty sanguine about these things and, as i have always marched to my own band, i am well aware that it is not always a comfortable journey, sometimes for myself and sometimes for others

'sanguine'? You've spent all day defending your investing style on the WCC thread. You don't even own the stock for gods sake. Why don't you stick to the stocks you do own and let WCC holders get on with discussing the company so that the thread isn't clogged with the sh*te you keep posting.

'i am well aware that it is not always a comfortable journey'..You make it sound like you're on the front line in Iraq! You wanna grow up mate. We're trading the markets not fighting the taliban.

cynic, I ask one thing of you. Stop posting subjective and ignorant sh*te on the WCC thread. It isn't wisdom. it's vacuous, meangingless twaddle.

you go off and discuss SOLA, you remember SOLA don't you? It's that company from CHINA (you know China don't you? apparently you don't invest in chinese companies do you. Well thats what you said). ah SOLA. based in Shanghai i believe. Of course its a CHINESE company!!!!! you've just broken your own investing rules and you expect others on this site to respect your opinion.

Like I said you're probably a decent guy but when it comes to understanding the art of equity investment it seems you fail miserably

You certainly don't have to hold a position in a stock to have an opinion and generally speaking BBs are for expressing your opinion. Of course there are those who use them as a vehicle for ramping or bashing. Historically, I must admit I have become a little pissed off when people pop up and post negative stuff without an interest in the company, but it goes with the territory of posting on and reading BB threads.

Well I value cynic's opinions.
It's a two way thing - I can agree or disagree ;)

thanks choccy ..... compliments from pretty girls doubly welcome .... lol!

am also glad i am not of that small mindless minority whose lack of sense, language skills and general politeness leaves them bereft of the ability to post other than personal abuse.

I won't disappoint you Cynic. How about 'you're a pompous, condescending pr*ck' for starters whose main aims are to deramp stocks and frighten neive investors into selling shares in profitable companies.

I'd say that's unethical, immoral and displays a lack of integrity.

pathetic!

Good reversal today ,very bullish ,Where is PapalPower ,i hope he will come back and post ,it's his thread after all.

Yes, I got in today at 158p...this has a very good prospect.

Welcome aboard hlyeo.

I am around, however tend to disappear when threads get busy but post more when they go quiet :)

It was a nice intraday reversal, quite a few stocks had them today, and it looks like there were lots of shakes across a few stocks this morning.