Sharp rise this morning in this Chinese oil refinery company. Tipped over the weekend in Small Company Share Watch to be the next ReneSola. Changes in the way pricing operates since China joined WTO is set to change the company dramatically, plus results in the coming weeks could surprise on the upside.

www.haikechemical.com

Quarter 1 update

First Quarter 2007 Highlights

- Total revenues increased by 28% to US$ (or '$') 73.9m (2006Q1: $57.9m)

- Petrochemical revenues increased by 15% to $56.1m (2006Q1: $48.6m)

- Speciality chemical revenues increased by 87% to $17.0m (2006Q1: $9.1m)

- Biochemical revenues increased by 300% to $0.8m (2006Q1: $0.2m)

- Gross margin improved to 12.1% (2006Q1: 7.2%) to $8.9m (2006Q1: $4.1m)

- Net profit after tax increased by 625% to $5.8m (2006Q1: $0.8m)

- Net profit (after minority interests) increased by 650% to $4.5m
(2006Q1: $0.6m)





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I bort haik at 179p, managed to crash it to 165p, lol, bort 20,000 cpnr at 6.1p, managed to crash it to 1.75p, bl**dy brokers wouldn't even show them in my portfolio as having any value, so managed to dump them at the first trading oportunity, (4.6p)...doh, doh!!

You and me, Canada, we'd make such a team. Maybe we should enter that televised ice-dancing competition together!

Better still, you tell me what your buying and selling and I'll do the opposite, then I'll tell what I'm buying and selling and you can do the opposite, then we can divi up at the end of the year.

LMAO - might just work! I'll keep you posted! So I take it you've sold HAIK today? ;o)

Well done st, looks like you killed this one stone dead, ffs don't buy zoo and kill that one too ;o)

:o) Nope, ZOO I killed last time it started looking frisky

Are you sure you didn't buy any zoo, it was 42.25p to sell when I left, it's only 35p now!!

Good to see a little upward momentum returning in light of the continued "China bubble" debate.

Yep, enjoying a nice little bounce back today: HAIK Bid: 186p Offer: 192p Change: 10

Only 100k traded, mind.

not that i am buying any of the following (today at least), but i suspect in order of preference, i would buy SOLA first with WCC next (much as it pains me!) and HAIK last.

with regard to SOLA, would very much like to see some trading update from them before doing anything

HAIK Bid: 190p Offer: 193p Change: 12.5

This is more like it (and thank goodness, because Canada1 has now cancelled the contract he took out on my life for jinxing this stock!).

Hopefully the beginning of another upturn.



Volume of 137K is about to breach the average, showing how thinly this stock is usually traded.

Out of curiosity cynic why do you put SOLA ahead of HAIK? Fully aware Sola have the ability to expand capacity rapidly versus HaiKe, however HaiKe have high barriers to entry with expected very low PE in 2008. I'm long both incidentally.

probably only because I rather like SOLA's product/sector and I have managed to make some decent money from it both as a bull and a bear!

HAIK Bid: 191p Offer: 197p Change: 15

Director sales. Don't ask me why, but this guy had a tiny stake anyway and has sold it over the course of the last few days.

HaiKe Chemical Group - Director/PDMR Shareholding
RNS Number:6312X
HaiKe Chemical Group Ltd.
01 June 2007

HaiKe Chemical Group Ltd

('HaiKe' or the 'Company')


Director Shareholding

The Company has been notified that Mr Eugene Wong, a non-executive director of
the Company, today disposed of 20,000 Ordinary Shares of US$0.002 in the Company
at a price of 1.83 per share. Following the disposal Mr Wong no longer holds an
interest in the issued share capital of the Company.

Contract cancelled, soul. Just got back from lunch at the beach, got sh*t on by a seagull the size of a Giant Condor, so looking good for next week!, I see you've sold zoo, (thanks).

LOL - I'm on my way down to Bournemouth now. Will have to visit the beach and see if I can get "daubed" as well - it's supposed to bring luck.

Have a good weekend :o)

ST

Which begs the question was Mr Wong right?

Mr Wong would not sell if he thinks HAIK would continue to rise.

You know him personally then?

What a stupid comment!