Comments on: “Safely Play China’s Growth” Redux http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html Frustrated or intrigued by email teasers from investment newsletters and advisers? We solve them and track their performance here ... so stick around, participate and subscribe (it's free)! Sat, 21 Nov 2009 18:12:04 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: StockGumshoe http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html/comment-page-1#comment-4047 StockGumshoe Tue, 15 Jul 2008 18:50:52 +0000 http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html#comment-4047 Right you are -- it got a pink sheet symbol inbetween my original writeup and this rerun. Looks to be extraordinarily lightly traded, that $2,80 price is from mid-June. A fair price now would be closer to $2.30 based on the 118p close today in London. Right you are — it got a pink sheet symbol inbetween my original writeup and this rerun. Looks to be extraordinarily lightly traded, that $2,80 price is from mid-June. A fair price now would be closer to $2.30 based on the 118p close today in London.

]]> By: LARRY http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html/comment-page-1#comment-4046 LARRY Tue, 15 Jul 2008 18:47:37 +0000 http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html#comment-4046 Looks like the pink sheet symbol for West China Cement is WCHNF. Last price showing is $2.80 US. Looks like the pink sheet symbol for West China Cement is WCHNF. Last price showing is $2.80 US.

]]> By: jude http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html/comment-page-1#comment-4023 jude Sun, 13 Jul 2008 21:24:25 +0000 http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html#comment-4023 I can not quote the source right now but I had read that almost all the Chinese cement companies were making a shoddy product full of gravel. I guess a couple of the main reasons for this is a totally non regulated industry run in alleys and back ways...Also they can't seem to keep up with demand!!!..My thought was, God help us if they were using any of it in the nuclear power reactors they are building!!! Please do careful DD, jude I can not quote the source right now but I had read that almost all the Chinese cement companies were making a shoddy product full of gravel. I guess a couple of the main reasons for this is a totally non regulated industry run in alleys and back ways…Also they can’t seem to keep up with demand!!!..My thought was, God help us if they were using any of it in the nuclear power reactors they are building!!! Please do careful DD,
jude

]]> By: marco http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html/comment-page-1#comment-4021 marco Sun, 13 Jul 2008 18:29:49 +0000 http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html#comment-4021 I once owned shares in a biotech company (ABBX - Abraxsis something or other) where the Dr and founder of the company owned the majority of the shares; he decided that he wanted to own more, so he diluted the shares to the point that he owned over 75% and the stock tanked as a result, costing me an awful lot of money. The moral of the story is that I will never again buy shares of a company that has one majority owner; there are too many other opportunities out there. I once owned shares in a biotech company (ABBX – Abraxsis something or other) where the Dr and founder of the company owned the majority of the shares; he decided that he wanted to own more, so he diluted the shares to the point that he owned over 75% and the stock tanked as a result, costing me an awful lot of money. The moral of the story is that I will never again buy shares of a company that has one majority owner; there are too many other opportunities out there.

]]> By: John Sloan http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html/comment-page-1#comment-4020 John Sloan Sun, 13 Jul 2008 18:11:37 +0000 http://www.stockgumshoe.com/2008/07/safely-play-chinas-growth-redux.html#comment-4020 HI' Bin to Xi'an last spring - place is booming - no doubt using lots of cement. Same in other cities of course. Never saw so many construction cranes. Super highways extend well into the countryside. But a map shows the puny size of the intercity superhighways - lots of concrete will be poured. Have to comment - back in 1955 I opened account with Merrill and being conservative figured to put my monthly direct money transfer into the largest US cement company - 'can't go wrong with something solid" - well things went well for a year or two but then the US government(our all wise master) decided to change the tax code rate for depreciation of the cement industry raw materials - stock fell like a concrete block. greatly enjoy and learn from gumshoe. HI’
Bin to Xi’an last spring – place is booming – no doubt using lots of cement. Same in other cities of course. Never saw so many construction cranes. Super highways extend well into the countryside. But a map shows the puny size of the intercity superhighways – lots of concrete will be poured.

Have to comment – back in 1955 I opened account with Merrill and being conservative figured to put my monthly direct money transfer into the largest US cement company – ‘can’t go wrong with something solid” – well things went well for a year or two but then the US government(our all wise master) decided to change the tax code rate for depreciation of the cement industry raw materials – stock fell like a concrete block.

greatly enjoy and learn from gumshoe.

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