
China Paper hit double-bottom despite FY10 profits n dividend of RMB0.02 /share. Will it fall below 10c?
Mar 13 2009 Low = 11.5c Sep 2009 High = 24.5c
Jun 2 2011 Low = 11.5c.
Selectively--may venture into more profitable paper related products--down stream.
Whatever its coming...with coated paper in full production--it is their more profitable stable product so far.
China paper closed unchanged at 0.135 cents, volume: 3,473,000 million share changed hands.
Henry$$$ ( Date: 09-Apr-2011 23:16) Posted:
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Stable growth company as long it don't have account scam
Some thing big comingg...someone just bot  up or changed hands at 0.135 cents
10:36:31 | 0.135 | volume-1,500,000 | A |
well everything is in place now.
those who understand the " drop" in dividend will load up on a dip 

 
my 2.14cents worth.
teeth53 ( Date: 23-Feb-2011 22:59) Posted:
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Read in CNA, after 3  for 5 right, actual dividend is at RMB 0.0153    per ordinary share.
Now it  proposed a payment of final dividend of RMB 0.020  per ordinary share,
Just wonder  how it will perform 2morro,  after receiving this news, think players is more  aware then B4. 
yum_cha ( Date: 23-Feb-2011 22:44) Posted:
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revenue, profit across all segments have increased for china paper
plus there is a dividend declared too!
looks poised for a rally in the coming months

Thk timqoo, U R quick to the draw...:))
timqoo ( Date: 23-Feb-2011 21:22) Posted:
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result is out.
" Gross profit for FY10 rose 24.4% from RMB201.4 million in FY09 to RMB250.6 million in FY10. This was
mainly due to improved average selling prices and relatively stable raw material cost during the year under
review. In addition, coated paper also contributed to the increase in gross profit. As a result, gross profit
margin edge up from 23.1% in FY09 to 23.7% in FY10."
" The board of directors proposed a payment of final dividend for the year ended 31 December 2010 as follows:
Name of dividend : Final
Dividend type : Cash with option to elect scrip dividend
Dividend Rate : RMB0.020 per ordinary share
Par Value of shares : US$0.04 per ordinary share
Tax rate : N/A"
China paper is stable at 0.15c. It is going up in the coming weeks...
http://singaporestockhunter.blogspot.com/
 
i dont want to carry my hopes too high, otherwise disappointed again. 
no matter what, the answer will be revealed in the coming fortnight! 

teeth53 ( Date: 17-Feb-2011 23:27) Posted:
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Its oso depending on BBs as well,  result  announcment till toward the payment closing  date of payment, pending what those big stake holders will do to rise it awareness of paper usage  business in China.
My wild guess...will it be revising  it PE ratio, plus plus  by some house analyst ?. 
yum_cha ( Date: 17-Feb-2011 23:11) Posted:
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Hi timqoo and all,
Whatever its coming...with coated paper in full production, it  certainly can show better result then last previous.  
Coming  week 25-02-2011 is Fri, will it be after trading hours ?, following Monday trading is on 28-02-2011.
Hope to collect some nice dividend with bonus. (If oni). Kopi money coming. Huat....Arhhh. 
timqoo ( Date: 17-Feb-2011 21:04) Posted:
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true, the coated paper business should contribute to it more significantly now. hopefully the dividend payout will boost in the share px. you vested in this?
The last previous dividend is, it  announced it result is for year 2009. Which announced it on somewhere at,  on Feb 25,  2010. pay out is 0.0245 yuan
I was oso thinking coated paper business is in full production, coated paper has more profit margin. 
So this year coming  result mean for year 2010, i may think is better then last previous year of 2009.
sorry care to explain how the exchange rates will affect it?
teeth53 ( Date: 17-Feb-2011 22:28) Posted:
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Based on lastest exchange rate and on last previous dividend annoucement. Good or bad ?. think is good...:[)
http://sg.finance.yahoo.com/currencies/converter/#from=CNY to=SGD amt=0.0245
Chinese Yuan (CNY) 0.0245 is about S$0.0048 (SGD)
this explains why its been holding up despite the strong sell down of other counters.
looks like the increased interest judging by the volume of this counter is a good sign.

my guess is high chance the announcement will be suddenly and i anticipate investors should know the result nest week.
will they make a formal announcement on the date they gonna annouce results?
or just like suddenly just post their results?
timqoo ( Date: 17-Feb-2011 20:15) Posted:
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