PapalPower
- 28 Mar 2007 08:01

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
- 09 Apr 2007 16:48
- 54 of 140
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
fortitude18
- 09 Apr 2007 21:22
- 55 of 140
'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
ptholden
- 09 Apr 2007 21:44
- 56 of 140
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.
chocolat
- 09 Apr 2007 21:59
- 57 of 140
Well I value cynic's opinions.
It's a two way thing - I can agree or disagree ;)
cynic
- 10 Apr 2007 08:25
- 58 of 140
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.
fortitude18
- 10 Apr 2007 08:45
- 59 of 140
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.
cynic
- 10 Apr 2007 08:53
- 60 of 140
pathetic!
jimmy b
- 11 Apr 2007 20:18
- 61 of 140
Good reversal today ,very bullish ,Where is PapalPower ,i hope he will come back and post ,it's his thread after all.
hlyeo98
- 11 Apr 2007 20:25
- 62 of 140
Yes, I got in today at 158p...this has a very good prospect.
jimmy b
- 11 Apr 2007 22:02
- 63 of 140
Welcome aboard hlyeo.
PapalPower
- 12 Apr 2007 00:32
- 64 of 140
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.
Peter011
- 12 Apr 2007 08:18
- 65 of 140
Papal Power
I use ADfvn ? for this share as there is little interest here.
It is bouncing around on very little trade like a Sola.
I am in it for the long haul although I am buying and selling on dips.
Peter011
- 12 Apr 2007 08:19
- 66 of 140
Papal Power
I use ADfvn ? for this share as there is little interest here.
It is bouncing around on very little trade like a Sola.
I am in it for the long haul although I may try to buy and sell on dips.
hlyeo98
- 16 Apr 2007 10:02
- 67 of 140
Added more WCC today as I've heard there is more demand for cement as the Olympics in China is approaching. Also news that China is increasing its flexibility on its currency... WCC is a BUY.
cynic
- 19 Apr 2007 08:11
- 68 of 140
if i remember correctly, CEO now owns 59% of the company ....... how much do the other directors hold? ...... what about other large shareholders? ..... with such a large % being held by CEO in any case, is not the company and its sp open to even more manipulation (abuse) than usual?
jimmy b
- 20 Apr 2007 21:46
- 69 of 140
Yes it might even push the price up cynic :-)
jimmy b
- 20 Apr 2007 21:48
- 70 of 140
West China Cement Limited
20 April 2007
20th April 2007
West China Cement Limited
('West China Cement' or the 'Company')
Additional Listing
The Directors of West China Cement advise that the Company has today allotted
425,000 ordinary shares of 10p following an exercise of warrants. Application
will be made for the shares to be admitted to trading on AIM. The new shares
rank pari passu with the Company's issued ordinary shares and dealings are
expected to commence on the 26th April 2007.
As a result of this allotment the Company will have 64,113,366 ordinary shares
of 10p in issue.
jimmy b
- 25 Apr 2007 22:37
- 71 of 140
Nice nudge up today ,,where is everyone ?
hlyeo98
- 26 Apr 2007 07:21
- 72 of 140
Good amount of buys yesterday. I think this would move higher in view of more industrialization, good economic growth in China and Olympics on the way.
jimmy b
- 26 Apr 2007 13:33
- 73 of 140
Another nudge up hlyeo nice ,what happened to PapalPower, are you still in ?.