Updates

West China Cement - Reveals plans to list in London or Hong Kong

September 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.

As we foreshadowed last month, WCC has confirmed its intention to seek a main board listing, either in London or a dual list in Hong Kong sometime next year. The quandary is whether to list quickly in London and be a pretty unique operation but little understood or in Hong Kong, where investors really know about cement but where WCC would be a minnow and where there is presently a logjam of IPOs.But that wasn't the only factor that helped the shares to a new high of 337p this month; the other was the excellent results and outlook statement that accompanied H1 results to 30 June. We met with the company again this month. The two original cement plants co ...

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

West China Cement - Explosive organic growth (May 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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