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

dramatic Beijing shares crash on way, Greenspan warns ...... sharp rises are "clearly unsustainable"

Nice rise :)

Greenspan is just doing the scares but SOLA, GNG, GGG and WCC are all doing well - all Chinese shares. I somehow don't believe Greenspan, let us see.

Oh yeah, and not forgetting HAIK - another Chinese. ;)

no real view except that certain shares of no particular nationality get badly out of touch with reality ....... then they fullfil the adage of up like a rocket and down like the stick.

of the 4 you mention above, only SOLA looks half way buyable, and even there i am sitting on the sidelines until there is some clarity from their Q1 figures ..... at that juncture, i may take a position one way or another

For me, WCC is the best quality Chinese stock on AIM, and I have a holding in WCC only of the Chinese variety :)

cynic

you really are the proverbial muppet. What a waster. Bet you're the type of guy who leaves a girl very much disappointed and yearning for a real man.

oh man

f18

Up 23.5p today cynic ,i bet folk on here really wish they had listened to you !!,now run along before you embarrass yourself anymore.. :-) .

to be fair - apologies to cynic for another emotional outburst directed towards him... but he will insist in posting anti-chinese propaganda which simply doesn't stand upto scrutiny.

not posting again cos i get far too personal which isn't healthy and since I'm a fervent believer in free speech in reflects badly on me!

was it Voltaire who said 'i may not agree with what you say Sir but I would die for the right for you to say it'

f18

F18 .... noticed your abuse last night but refrained from responding .... of course had you actually read what i posted, you would have noted that i was merely quoting Greenspan and made no additional comment, so to say that i keep spouting anti-chinese propaganda or similar is just not borne out by the facts.

i was also very puzzled by your last sentence, neither because it lacked logic nor because i felt remotely insulted or even belittled, but merely because i felt it was probably a reflection of your own insecurities .... sorry to see that

Nearing 1 bagger status for me now, very nice :)

Great performance PP,, you called this one right.
Where's cynic he seems to have gone quiet.

as i said before, this one's not for me ...... you guys may well prove right and have found a winner, but one can't buy everything that moves and breathes ...... i remain very nervous of the chinese market ...... hope you guys watched that fascinating prog last night on western entrepreneurs in china

A good find, cement is rapidly in demand with the boom in the building markets globaly and the rate of growth of some Eastern companies growth looks here to stay.... Will watch for now and do some homework.

cynic - 05 Apr 2007 11:50 - 21 of 106
good luck to you guys, but certainly not for me ...... i hear China and i am very wary; no web site; very little trade .... none of it sounds good to me ...... by the way, nms is only 2000 so see what happens if you try to sell 6250 in a weakening market

cynic - 05 Apr 2007 12:46 - 27 of 106
if some of you Wunderkinde listened to me occasionally, you might also find yourselves backing some quality stocks for considerable profit too .... as for SOLA, do you not believe sp is now looking sickly?
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Well cynic if you read your two posts ,,,,,,,first i sold a fair amount(a lot more than 6250) and the market makers gave me 3 points above the bid ,second if we listened to you i wouldn't have gained 55 points to the good in 6 weeks ,so i think you need to stick to posting your thoughts on what your trading and also admit you were wrong .....

and if you weren't so keen to criticise, you would also have read my post 106 ...... and there have been plenty of (my) stocks that have gained significantly in recent weeks, as well as lost of course

finally, thank you for your advice on what i should write about .... it will be duly ignored!

There is a place for all opinions, that is what makes a good BB discussion. We will never know when another poster buys or sells, or if indeed they do hold, or are long or are short.

Good discussion of both sides (bull and bear) is desired for a balanced view.

As for me I have recently top sliced WCC and my remaining holding is in for free for the longer term.

Fact is cynic didn't just post a view ,he told me i was wrong about the market size when i had just traded ,and bashed the stock ,,i do agree with you PP i also like to hear all views,,,however not constant bashing , ,anyway an end to the matter now,,and no hard feelings cynic..

jimmy .... unlike a few here, i never hold grudges or similar .... i strongly believe in the adage, "If you can't take it, don't dish it!" ......

by the way, NMS (normal market size) which is what I posted originally, is not make-believe .... it is published on the official stock exchange site (per company) and is the quantity in which (I think) MMs are obliged to deal ..... WCC, inter alia, has a very low number, specifically 2000 shares .... that does not mean that at any given time you will not be able to buy or even sell in considerably greater volume .... however, come the day(s) of correction, you could well find yourself effectively unable to deal.

Same here cynic ,,have a virtual pint on me ..