image

The best stocks to buy since 1993

Latest issue now available

SIGN UP NOW
Primary Recommendation

Haike Chemical - New capacity complete in October

May 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.

  • Epic Code:
  • (HAIK)
  • Price:
  • 122.5p
We think oil refining and speciality chemical business Haike Chemical has the potential to put in a strong share price performance in the next few months, perhaps even rivalling our other fly-away Chinese recommendation, solar wafer company Renesola. Shareholders in Haike are in no danger of getting bored in the short-term. At a time when China still has a chronic shortage of refining capacity, what lies behind the jump in earnings forecasts from 19.1p in the current year to 31 December to 33.7p next year is the expansion of Haike’s refining facilities which are due to complete in October. That forecast drops the prospective PE ratio from 6.6 to 3.7. But what will set the share price on fire later this month will be Q1 resu ...

To access our archive of articles and to receive current issues you need to subscribe.

Subscribe now

Already a subscriber? Login

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

LIMITED PERIOD OFFER

SUBSCRIBE TODAY AND SAVE £40 WITH OFFER CODE 40OFFSCSW

To access our archive of articles and to receive current issues you need to subscribe

SUBSCRIBE NOW