Updates

Haike

August 2007

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The shares have retraced by a surprising amount, albeit on lightvolumes. According to Hanson Westhouse this is down to profit takingand no change to their forecasts as far as we are aware from 19.1p forthe current year and 33.7p next. Meanwhile, the crude price, which isHaike's main raw material, has firmed whilst the Chinese governmentagency (NDRC), which regulates selling prices of processed products,has not yet allowed refiners to raise their prices. Q2 results are due next month which should show capacity expansion on track. Await results.* The writer has a holding ...

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Haike (August 2009)

Haike (July 2009)

Haike (May 2009)

Haike (December 2008)

Haike (September 2008)

Haike (August 2008)

Haike (July 2008)

Haike (May 2008)

Haike (January 2008)

Haike - NDRC raise local oil product prices (December 2007)

Haike Chemical Group - Earnings forecast of 30.2p for next year (October 2007)

Haike Chemical - Q1 results (June 2007)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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