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

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.

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.

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.

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.

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?

Yes it might even push the price up cynic :-)

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.

Nice nudge up today ,,where is everyone ?

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.

Another nudge up hlyeo nice ,what happened to PapalPower, are you still in ?.

Yep jimmy, still holding and no worries. Could be a littel quiet in May and the summer, however this will for sure, imo, have a good run into the interim figures, if it does not on earlier news.

All is well at WCC, and worthy of a few tucked away for the long term.

Tipped in Growth Company Investor today.

Yep, "Speculative Buy".

you mean it's not rated as the absolute racing certainty that some here have been touting so loudly? (lol)

Edited by MoneyAM

fortuitude18,

Please do not use personally abusive language or words which may be deemed as unacceptable on these bulletin boards.

Ian