Just quick summary to bring this to your attention; more detail will hopefully follow.

This stock floated yesterday at 10p and has since doubled. It has, needless to say, suddenly become very popular on another BB.

The company is profitable already and trading on an estimated (by yours truly) forward PE for the current year of 9 at SP 20p. EDIT: Hoodless Brennan estimate EPS for Full Year 2006 will be 2.18p - see article (link below).

Free float is 11.4% of the 81.2 million shares in issue - most are held by the directors.







Extremely useful Investegate article LINK


Extremely useful Hoodless Brennan analysis LINK


PDYOR, etc.

Pretty average results imo, but some scary details in there :


Margin down from 57.6 last year to now 55.4% - FALLING MARGINS

Inventories up to 8,104 from 6,150 - RISING WORKING CAP

WOW - Trade receivables up to 20,903 from 5,891 - RISING WORKING CAP

As I said, its easy to get revenue, just give the product away with a "pay when you want to" mentality.........thats the easy way to bump revenues. Always the worry when you see "trade receivables" rising through the roof.


Net Cash Generated from operations DOWN to 9,630 from 26,517


Some worrying signs in there..................but at least they are paying a wee dividend, however, the worries over how they are gaining business should be a concern imo.

P.power your a disgrace writing crap like that, what planet are you on ???

Price is going up PP, weither you like it or not. Excellent results and a dividend.

Just looking in -same old crap on M..A..M where PP regarded as sensible and his acolytes don't know any better. It might provide some entertainment if it weren't so tedious. PP can't afford his premier status on A..D..V..F..N -must be all those losses from LEAD ;-))

Margins falling.

Net Cash generated from ops, falling.


Worrying.

And this is only to Dec 31st 2007.

The bigger issue is will Margins keep Falling at interims.

From Jan 1st, higher labour costs due to the new labour law.
Rising price of chemicals
Rising price of transportation.
Rising price of energy.


Margins could fall further at interims...........

PP WHY DO YOU HATE CHINESE COMPANIES SO MUCH?

I don't hate them, I trade them..........

Its all about making money, not love or hate.

PP IF YOU TRADE THEM WHICH ONES HAVE YOU BOUGHT LATELY OR ARE YOU JUST ANOTHER SHORTER?

PP can't afford to short LOL since his credit cards were revoked. Saddest individual on the world's messageboards bar none.

Trading is buying and selling, long and short.........

Only Long Term Investors buy and hold.........and nobody should be doing LTBH on any AIM share........really.

LTBH is for main market stocks, not volatile AIM stocks.

pp that is no answer have you ever bought any chinese company shares, if so which ones?

WCC at 120p before its rises upwards.

TAIH at 15p a long time ago, and sold when back down to 15p as well.

GNG in the 20's before selling in the 50's.

RCG in the 40's before selling at 100p.

etc.etc.etc.etc.

Also, shorted them as well. This is the way to trade, be long and also short - thats what shares are about, making money, not falling in love with them.

Falling away fast now - AS EXPECTED AND PREDICTED BY....well PP :)

Sometimes is just so obvious what the rampers are up to.........and how easily they fail as well.

Denial in these market times is the worst enemy of the private investor.

They try to deny things are bad, they do this as they do not want to "sell at a loss" - they fervently search for people or writings that give hope and then comfort themselves that someone else is bullish.

They deny themselves the chance to benefit from market bottoms, by refusing to sell when markets tank, and then having no spare cash when markets really do bottom (FTSE circa 3K or 3.5K ?).

The deny to themselves that the rampers are rampers, that the people desperately trying to ramp prices up are in fact the same as them, trying to not sell at a loss, hoping that ramping will get prices up and they can sell at breakeven.

Denial is what causes PI's to lose - and sadly lots of people today appear to be in denial.


A simple an effective tool in bull and bear markets is, 20% down and sell. Any stock that falls 20% below the price you purchased, dump it, admit you were wrong to buy it at that time, preserve your capital, and move on. If its dropped 20% since buying, its plain obvious you purchased at the wrong time.....is it not ?


Beware of denial, its the PI's worst enemy.

Don't like some of your posts but in this case I agree with you.

What you say is true. The problem is that it is human nature to behave like that particularly in these markets and thus very difficult to change.

No excuse for ramping though and there has been enough of that recently on these boards.

Is this the same PapelPower that was ramping several stocks including Ast and Ipl
recently that have lost around 80% of their value ?
You create the impression of a person who lives in a fantasy world, you seem in
denial at all the very bad tips that you have gave out over the last 12 months and
you have this arrogance of a person who refuses to accept they are not very good
at what they do.
Sorry PapelPower but i can understand others that take a great dislike to you on here and other bulletin boards, you are a hypocrite and you contradict yourself on
many occasions, it all seems a ploy by you to gain attention, i dont think there is
any money involved here, you probably invent trades up, when a stock suddenly
jumps or tanks you have suddenly closed a short the day before or opened one
the day before.

Your credability is zero i'm afraid.

Good trading (if you actually do trade)

Perhaps you could name your trades ahead fo them showing to prove to others
that you are the expert you crave others to believe.

PP wrote, and quite accurately too, even if it is not his own "thought" .... A simple an effective tool in bull and bear markets is, 20% down and sell. Any stock that falls 20% below the price you purchased, dump it, admit you were wrong to buy it at that time, preserve your capital, and move on. If its dropped 20% since buying, its plain obvious you purchased at the wrong time"

however, it is a human trait that most are optimists and hate to crystalise losses and would rather take a (small) profit in Share A to realise cash than to cut out that dog of Share B.

Good advice there cynic!

I always use TA when opening a trade and setting a SL.

Under certain circumstances though (during generally poor market performance for instance) I will sometimes lower my stop but never by very much. In cases where the support/s I was counting on fail, then however bullish I may feel about the stock, I tell myself that exiting may provide the oppertunity to re-enter at a lower price.

-May not be a bad idea to simply follow your 20% rule but depending upon the volatility of the sp and the support levels, this level may not always be appropriate (sometimes too much, sometimes too little).

paul56, you appear to be a new name, and obviously one who is a little bit emotional that your stocks are losing.

The two examples you quote of AST and IPL, it shows you do not even research stocks and prices, you simply pick on two stocks you know nothing off, and start mouthing off about them. Is this because a couple of my stalkers have been posting rubbish about them ? LOL

Before I put you on squlech, which means I will no longer read any of your posts, let me point you in the right direction.

AST, many BB's (as I will update them from time to time).

First purchase was way back at 8p levels, since then it has risen to 34p, and fallen now back to 5.5p levels. Over that period of time from 8p to 34p and down to 5.5p if you have not made money, well, I give up.

IPL, many BB's (first purchases were in the 40p levels, then there was the West Bukha-2 drill success and rises to 60's, then it fell back, then RAK purchased the production assets of IPL giving all holders a special 60p dividend before a 1 for 5). At this point all my initial IPL shares become free and with profit. Since then I have added a few more at 20p levels.


So there, now you know. I would like to ask how you think you know how I trade stocks ? What price I buy, I sell, I rebuy, I resell, I short, I buy back etc....

You do not, you are simply just another voice of the sad failed rampers that are losing so much money that they get all emotional and nasty, however have to resort to total lies and falseness in order to do so.

Makes me laugh :)

So anyway, I will now put you on to my squelch list, so good bye paul56.

And if anyone is interested currently I have 4 posters on squelch.


Users you currently have squelched

zscrooge
coeliac1
holmes9
paul56


.