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Haike

August 2008

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.

  • Epic Code:
  • HAIK
  • Price:
  • 61p
As we tentatively suggested last month Haike has finally done the inevitable and announced the temporary shutting down of its oil refinery facilities. It said it expects China's economic planner, the NDRC, to increase prices for refined oil products later in the year at which point its refining operations may resume production. Meanwhile, the move eliminates losses from that side of the business whilst at the same time Haike can focus on growing its speciality chemicals side. Await developments.* The writer has a holding ...

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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.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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