Investors should check out the potential offered by LED. A small Chinese company who raised a mere 500k for the purpose of obtaining an AIM quote for future aquisitions. Interim figures due out in Feb. Shares currently 18/19 Up 14% last week. Am expecting the price to move to mid 20s by Jan 07 and a lot further by this time next year. Will benefit from Olympic Games business

The RMB/Yuan is worth 15.13 to the 1, so the RMB 6.7 mil = 427,000.

EDIT (Figures corrected) Current PE for LED on existing earnings appears to be around 6.4 if we assume that FY earnings will be double that of the half year and will therefore be (HKD cents 10.4 x 2) = 20.8. Divide by 15.5 (no, i haven't got the HKD confused with the RMB; the rates are similar) to get the Sterling rate which is 1.34p EPS.

Net asset/liability position looks okay. Given that the SP has already been hammered on the back of what was a cautious statement (rather than a negative one) in the interims, along with the fact that the co is profitable, there could be surprises to the upside if those big contracts can be landed successfully.

In fact I'd say that given that we've only got a few weeks of the current financial year left (LED ends its FY at end June), the news could be good for 2007-2008 if those contracts are signed after the current year end.

Could be worth a punt if you feel happy about the risks. PDYOR, etc.

Interim results as at 31/12/06 showed turnover of HK$55Million and trade receivables of HK$40Million hope they dont have problems collecting their debts. Always difficult to understand chinese company accounts as often there is a great deal of inter company accounting going on. Big contracts =s bigger exposure to single debtors.

good point.

Not surprising given the price action :

RNS Number:8721Z
LED International Holdings Ltd
09 July 2007


LED INTERNATIONAL HOLDINGS LIMITED
("LED International" or "the Company")

Trading update


LED International, the AIM listed (LED.L) manufacturer of LED screens and
related products, today announces an update to its trading activities ahead of
its close period for the full year to 30 June 2007.

The Company reports that it expects to declare a profit before taxation for the
full year in excess of that reported in the interim results on 30 March 2007,
although it will be materially below the current market expectation. Whilst
remaining profitable, the Company has witnessed a weaker second half
performance, compared to the first, mainly due to delay in the completion of a
significant contract. In addition, the Company intends to move it manufacturing
facilities in November of this year to a new site, however it does not expect
this to have a significant impact on its performance.

The acquisition of Kepu Electronic Technology (Shenzhen) Company Limited
("Kepu"), announced on 1 May 2007 is progressing well and is expecting to be
finalised shortly, once government approval has been obtained. Kepu will bring
to the Group an expanded LED product range, a broader customer base and adds new territories to the operations.

Ka Lok Jim, CEO of LED International, commented, "Trading for the first half of
the year was good, but due to problems associated with a delayed contract, the
performance for the second half was disappointing. With the acquisition of KEPU,
and other projects in the pipeline, we remain positive for the future."

Something might be stirring ? 500K MM buy just then

have advfn got it wrong as it list the mkt cap at over
200 odd mill quid?

Who knows what is the latest news on this stock................so strongly recommended by Stephanie m around a year ago?

Who knows what is the latest news on this stock................so strongly recommended by Stephanie m around a year ago?

1.2p from a placing at 10p - oh deary . . . still the future is bright with LED's - grief what a daft business!

Expect sales to falter as folk feel the pinch, due to credit-issues reduced house-building etc.

Is this business based in the UK.....
perhaps someone that knows the business can give the Bullet-points?

EDIT: 31 July08-
0.55p having fallen 20+% today...Oh deary.

Another Chinese stock in trouble.

Trading update bad on BSST.

LED today suspended.


China - what a piss poor ramp that has been for lots of ADVFN rampers.

Big rise today, but I'm not investing in this overseas stock . . . . FWIW today's Buys = 2m, - Sells=5.5m - - - So, I wonder how MM's managed to make this rise...?

Good luck to L-T holders.

I missed again..!

Back in again today..chart reversal.

roller coaster ride alright--but something seems to going on behind the scenes despite the co. trying to damp down enthusiasm! I have a small holding and am now wondering whether to add...

I have a very small portion.

Down 20% I havwe lost out here where is the 6p everyone promised..?

good job you only got a small portion the other day.... :))

Lol.. only 500 in this .

wow moving up now.