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.

you and i certainly agree on this load of laxative!

Yep, this certainly is one crap stock.

Todays price just shows how much people take note of you Papel Papel, your deramping of this is more a vendetta than fundamentals hence everybody ignores you thesedays.

why must someone who has a dislike for a certain stock, and posts to that effect be perjoratively termed a deramper? ...... that being so, what does that make you?

Because the company is still profitable and has no debt with a large cash balance.

If the company was loss making and in debt then maybe PP would have a case.

And i dont have a position so my thoughts are unbiased, i recall a similar style vendetta with WCC and then he buys and starts to ramp it, maybe that is what
PP wants to do here ?

you didn't answer the question

Dont waste your time with me again cynic, you should get yourself over to advfn where i'm sure you will get the attention you crave.

cynic, ignore the rampers.

Most are trapped in from 20p + levels and are total dreamers.

The company openly admits its in trouble as the Yuan is so strong that its not competitive in Asia anymore and its Asia market sales have collapsed and in order to keep selling margins have fallen ?

European deal means nothing, unless the can sell and show they can sell, and given other suppliers are getting all the market share in Asia, well, what do you expect to happen in Europe...... ?

i wouldn't touch this share with RDD's!
i seem to remember one of the coven telling us all how wonderful this share was too, somewhere in the not so distant past

MR C. !!! Am not stalking you but what are you doing EVEN doing on this thread. Bit like catching a scoutmaster in a brothel . lts a complete DUD !!!!

et tu Brute!

but as you know the elements are mixed in me . All the rest acted in envy. l alone for the common good. So much apparently that nature may stand up and say this was a man . .. How behave and go back to an oilie thread ...

i'm actually trying very hard to diversify my portfolio away from oilies and miners, but at the moment, both those sectors still look best options, with one or two odd exceptions ..... quite fancy buying a few Google, but shall have to get logged into US stocks at IG

Water perhaps ( catch while trading well below 180 day average) and they pay nice dividends .UU is my pick there - has never let me down .,,,,,,,or electronics sector. Trouble with latter is that so many products are outdated before they reach the marketplace eg Broadband . ...lnteresting bit of trivia . someone worked out that if automotive sector made the same progress as the electronics sector they would have to produce a car that achieved 1600 miles to the gallon .

try CSR

on face value fundementals appear ok. Chart set to 10,30 , 100 and 180 ema suggest its heading north but cant see that much upside- a bit expensive for me personally...the 180 ema is 406 which would stress me a little But.ld have to properly look into it before giving anything approaching objectivity

go to CSR thread

I believe this is about to wake up!! Too cheap now.

why? ...... basically the company's a load of rotting bones and weeds

Do they sell herbal Viagra ?