.

Bit of expected profit after some good rises, allows other to now buy in and add more.

Cheapest and best quality Chinese stock on AIM, and well worth buying lots more IMO.

Should be the next leg up now as the short term money has left, onwards and upwards to interims and beyond.

Anyone interested please note :

WCC management are planning an institutional investor road show in September following the interim results announcement.

As part of this road show, the company would like to invite retail investors to an investor presentation and Q&A session on Tuesday 8th September at

The Caledonian Club,
9 Halkin Street,
Belgravia,
London SW1X 7DR.

The meeting will be at 3:30pm (15:30).

Ms Po Ling Low, WCC CFO and Mr Robbie Robertson, WCC Non Executive Chairman will be presenting at this meeting.

Please email the corporate broker, Anthony Schindler( anthony.schindler@evolutionchina.com ) to confirm your attendance at this meeting.

Presentation: Sept09, London.
Can't get there due to other work; but eager to have account of events (ie here), if a few "retail investors" can contribute....etc. that should create some "balance" . . . . IMHO.

Looking at sp it seems the time to invest was Jan09, abt. 50p . . . the current sp is looking "robust" at 3.20 esp as there is no yield. Hargreaves may be excited about this stock, but they hope to make money on each "deal" - and it's up to retail investors from there on.

hangon, its a growth stock and the money is being re-invested into the business for furhter growth, therefore you cannot expect a dividend, this is pure growth. The rating therefore is low, as if you did not re-invest then the potential dividend would be high and therefore the yield too.

The only fair rating for such a growth stock is on a PER basis, and 10 times would be fair value in my book, so for this year around 7 pounds, moving to aorund 10 pounds in 2010 etc...

Hi Proselenes, am I right in thinking you are the new revamped papalpower?

I have been using this new name for over a year now, perhaps even longer.

Prices of cement in key WCC markets stable. (Broker estimates are based on 300RMB average selling price).

http://www.cementchina.net/news/shownews.asp?id=6004

Shaanxi (main market) steady at 371 RMB

Sichaun (minor market) steady at 418 RMB

Gansu (minor market) steady at 450 RMB

Strong today and moving up nicely.

Decent end of the week. I would imagine this will have plenty of legs into results and the institutional/investor presentations after results.

Returned from my jollies and am pleased to see the market behave whilst I was away.

I equally won't be able to make the PI presentation (work comittments) but would appreciate feedback etc - shame it wasn't an evening or even week-end event, but have to commend managment on the very fact a mtg is being held.

Must digest CHNS non-movement now, as personally had expected a surge here, in the belief that it was merely a stock overhang holding the SP back.

Cash concerns will be the worry at CHNS, many people are sceptical about the last figures and expecting a massive outflow of cash at the interims.

WCC looking for 400p or more in the coming few weeks IMO.

Good news and goes with many earlier comments that companies like WCC, who are building new plants that are much more enviromentally friendly will take up much of the business of smaller and older plants that are shut down due to being too pollutive. WCC has won a number of awards for the efforts in being enviromentally friendly. Although this story centres on Beijing it is a similar story across the country.

http://www.cementchina.net/news/shownews.asp?id=6024

Beijing to kick out 13 cement producers

http://www.cementchina.net [2009-8-21]

Beijing is eliminating a number of small-scale cement companies that are marked by heavy-pollution, high-energy and high-water consumption. At the kickoff ceremony of "China Cement Industry Promotion Program" on August 16, Beijing Cement Industry Association Secretary Hu Zhongjia said Beijing will retain only about 10 large-scale cement plants by 2010.

Beginning in Beijing on August 16, "China Cement Industry Promotion Program" will visit 22 cement plants in Beijing, Henan and Hubei over 34 days to demonstrate production techniques and exchange technological experience. In addition, experts will diagnose production problems and provide technical support on site.

The cement industry is fundamental to the real estate construction material sector. Hu Zhongjia stated that the municipal government has formulated policies to ban the establishment of new cement enterprises and to reduce the size of the cement industry in Beijing through gradual elimination because small-scale cement producers cause heavy pollution and consume a huge amount of energy and water. So far, 8 cement enterprises have been forced to move out of Beijing.

Nearly 30 cement plants still exist in the city. By 2010, 13 more cement enterprises will be phased out and only approximately 10 large-scale cement plants will remain. It is said that Beijing now has an annual cement production capacity of 8 million tons and still needs to import cement from other provinces.

You certainly can find the info Proselenes - I can assure you its much appreciated

Welcome JS.

Strong again today, would be great to see this past 450p after results and presentations.

Looks like profit taking and consolidation over, and off we go up again.

Results out.

http://www.investegate.co.uk/Article.aspx?id=200909010700212657Y

.

All time highs now :)

with more to come, one would assume

More to come, yes there was.

I am becoming increasingly concerned that this coming October might be a bad one for the markets so have decided finally to top slice a few WCC and take some profits while strength is there. Better to be safe than sorry and there is certainly nothing wrong with taking a little profit now and then.