China XLX: To issue Rmb324m worth of convertible bonds to priv co Nitro Capital Ltd. The proceeds will be used for expanding their plant and Xinjiang acquisition. The bonds will have a conversion price at approx Rmb1.84 ($0.375) per share and is approx 15.0% of enlarged share capital. Co currently trades at $0.36.
Most recent 3Q revenue showed a 35.4% increase yoy mainly due to higher ASPs and increased sales volumes. Co currently trades at 10.2x P/E .

China XLX
Can anyone advise , is there a rebounce on this news?
OK NOTED THANKS mR Quah
It's not really about whether now can or cannot buy -it's about setting clear logical targets for both profit and loss price points.
Always define a cutloss point even before entering. Buy amounts within your acceptable risk (some can risk $200, some can risk $2000 etc). 
Entry price should not be more than 43c if possible. Cut loss 41c.1st target 47-48c, 2nd target 51c.
i wonder if now can buy? safe boh? anyone can advise? thank u
To retest 47c within this mth.
depending on the candlebar and volume tomorrow, it MIGHT be a good time to enter. We shall look at tomorrow's movement. =D
dennisb ( Date: 25-Apr-2011 21:58) Posted:
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is time to enter this counter.....
lookslike going for a breakout soon...48c should be achieved by next week! come with about $6/per lot dividend...
FOURTH QUARTER AND FULL YEAR * FINANCIAL STATEMENT AND RELATED ANNOUNCEMENT |
* Asterisks denote mandatory information |
 
" DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement." |
 
Name of Announcer * | CHINA XLX FERTILISER LTD.   |
Company Registration No. | 200610384G   |
Announcement submitted on behalf of | CHINA XLX FERTILISER LTD.   |
Announcement is submitted with respect to * | CHINA XLX FERTILISER LTD.   |
Announcement is submitted by * | FOO SOON SOO   |
Designation * | COMPANY SECRETARY   |
Date & Time of Broadcast | 25-Feb-2011 20:35:55   |
Announcement No. | 00304   |
 
 
> > ANNOUNCEMENT DETAILS |
The details of the announcement start here ... |
 
For the Financial Period Ended * | 31-12-2010   |
Description | 1. PLEASE SEE ATTACHMENT 1. 2. ATTACHMENT 2 HAS BEEN RELEASED ON THE HONG KONG STOCK EXCHANGE WEBSITE IN ACCORDANCE WITH THE HONG KONG LISTING RULES.   |
 
 
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Thanks!
Time to Q...
Bingo!!!
 
B9R (China XLX)
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Bon3260 ( Date: 26-Jan-2011 14:55) Posted:
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Kelvintyk74,
I  wun ask pple 2 buy stocks in tis SJ.
Since China XLX 0.490 support broken.
Nxt level'll b 0.460 - 0.465...
('',)
kelvintyk74 ( Date: 21-Feb-2011 09:06) Posted:
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Yo,
Looks like you predicted??!!
Time to buy???
rdgs
Finally below 0.490 cming today...
 
 
 
B9R (China XLX)
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Bon3260 ( Date: 26-Jan-2011 14:55) Posted:
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V  impressive.
Was expected 2 drop below 0.490.
So many days still @ tis px  level.
Hope tmr China XLX  0.490 can support.
('',)
Note: China XLX as @ 17-Feb-2011 close 0.495
GuavaXF30 ( Date: 28-Jan-2011 08:24) Posted:
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CLSA starts China XLX Fertiliser at Buy
 
WRITTEN BY DOW JONES & CO, INC     |
THURSDAY, 17 FEBRUARY 2011 11:08 |
  CLSA starts China XLX Fertiliser (B9R.SG) at Buy with a target price of $0.63 as China’s lowest-cost coal-based urea and compound fertilizer producer seeks to double annual capacity to two million tons by the 2013 calendar year. 
“The recent underperformance compared with regional peers is unjustified, with the market overly fixated on rising input costs...we expect the main earnings driver in 2011 to be rising urea and methanol prices.”"  
 
Adds China XLX will benefit from strong demand for urea and compound fertilizers. The stock is up 1% at $0.505. 
 
 
 
Bingo!!! Touches 0.490 today...
 
 
B9R (China XLX)
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Bon3260 ( Date: 26-Jan-2011 14:55) Posted:
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MISCELLANEOUS |
* Asterisks denote mandatory information |
 
" DISCLAIMER:- This announcement was prepared and issued by the below mentioned listed issuer to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNET for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the listed issuer directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement." |
 
Name of Announcer * | CHINA XLX FERTILISER LTD.   |
Company Registration No. | 200610384G   |
Announcement submitted on behalf of | CHINA XLX FERTILISER LTD.   |
Announcement is submitted with respect to * | CHINA XLX FERTILISER LTD.   |
Announcement is submitted by * | FOO SOON SOO   |
Designation * | COMPANY SECRETARY   |
Date & Time of Broadcast | 01-Feb-2011 18:20:02   |
Announcement No. | 00192   |
 
 
> > ANNOUNCEMENT DETAILS |
The details of the announcement start here ... |
 
Announcement Title * | ANNOUNCEMENT POSTED BY THE COMPANY ON HONG KONG STOCK EXCHANGE WEBSITE ON 1 FEBRUARY 2011 PERTAINING TO THE MONTHLY RETURN OF EQUITY ISSUER ON MOVEMENTS IN SECURITIES FOR THE MONTH ENDED 31 JANUARY 2011   |
 
Description |
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Attachments |
Total size = 77K
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hi,
I saw a techical rebound at 50cts? the report card is coming out on Feb. would it be moving up.....hehe