Updates

West China Cement - Explosive organic growth

May 2009

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.

Even if the market has fallen out of love with Chinese companies there are one or two that we think will do well whatever the weather. Take the case of West China Cement (WCC; 182p), which despite a sharp rally in the shares from their low point of 48p last month, still stand on a prospective PE of 2.4.As the company points out, the process of turning limestone into cement is fairly simple. The two main issues to manage in its business tend to be electricity prices (which are affected by the price of coal) and also transport as sometimes the cement needs to be moved long distances. In WCC's case, it has based its operations in Shaanxi province where limestone is in plentiful supply and there is strong local demand. In partic ...

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White Young Green - Sharp rally in shares ahead of refinancing

Superglass - Expects a stronger H2; PE of 4.5

West China Cement (February 2011)

West China Cement - Take a part profit. Gain to date: 617% (January 2011)

West China Cement - Heavily over-subscribed HK placing (September 2010)

West China Cement - To list on HKSE on 10 August (August 2010)

West China Cement (June 2010)

West China Cement (May 2010)

West China Cement - Shares head over Â£6 after barnstorming results (April 2010)

West China Cement - Shares break over Â£5 (March 2010)

West China Cement - PMHL's sale highlights undervaluation (December 2009)

West China Cement - Reveals plans to list in London or Hong Kong (September 2009)

West China Cement - Bigger rivalâ€™s IPO oversubscribed (Prospective PE of 13 versus 3.9 for WCC) (August 2009)

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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