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top shareholder holding ~80% he laughing all the way to the bank
Co entered into a letter of intent with a potential purchaser, a PRC-listed company, with regard to the sale of its waste-to-energy business and assets. C& G has granted to the purchaser a three-month exclusive period to conduct due diligence and finalize the terms of the sale. The consideration for the proposed sale is subject to the parties? further negotiations, taking into account an independent valuation, and the net asset value of the business and assets identified for sale. The consideration shall be satisfied in part by cash and in part by the issue of shares of the purchaser to the company.
21 anytime price is wat original investor paid for
finally decided to sell wte at nav is 36 c, if premium, more...
Soon it is really fading into obscurity (if it is being taken private):
| 2. | The change in the percentage level | From 77.87 % To 79.60 % |
Only about 20% shares outstanding on the market just now.
A likely candidate for privatisation. Good luck.
gross margin ~56% on electricity income , profit ~ 8m rmb/q for 1800ton cap,
going to max 10kton (all 10 bot), u get 40m /q, 160m/yr, profit S$32m per year in the coming future...
The gem is still unpolished.........need a good craftsman....hehehehe.....still got 16 million RMB profit not book in yet leh........end of the yr.....power plant complete......more $ coming in.......hhehehee....down by the river where the water flow............
One of the more decent S-cheap. Profitable leh. Has respectable bank bal. SSH has a huge stake. Maybe a dual listing can change it's fortune. Will the CHGU Group act on this suggestion? Up Up and Away!
3Q2010 results out.
Profit for 9 months: RMB 118,265,000
Bank and cash balances RMB 466,352,000The management expect three WTE projects namely Huangshi, Huian and Anxi will be completed by the
end of the year. Upon the completion, C&G will double its waste treatment capacity from 1,800 tonnes
per day to 3,600 tonnes per day. The Group will then be able to treat municipal solid waste of as much as
1.2 million tonnes per annum.
Will this be the catalyst for it to go either direction? We'll see tomorrow.
Caveat Emptor.
no choice liao ......seem like 23cts dry up lor........wait...must buy at 23.5cts liao lor.........hehehe........now generating more power liao leh.......more efficient liao hor.......even better than the western counterparts liao........hehehe..................down by the river where the water flow.................hehehe......
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.......I LUV GREENIEs...hehehe
Mmmmmmmm.........23cts......very cheap............Mmmmmmmm......delious........munch.....munch........hehehehe.......
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Wah!......500lot 23cts......sell down...#$%^%%^%^.......well absorded.......#%^&***&^$......25cts@#@$$%^%^&&**&^%$.....chiong ah!...hehehe
&^$@$*)(*!%$+_($@!#*)&%$#@!@^(_)_
****&^^^%$%$#@@#$%$&^$%#@#$%^^...25cts**((^%$#@@!$7%%$$%%^&........hehehe.....!#@#@$%$^^........chiong ah!
*&&^&*^%%^#$%.......vol.@#$446567&**^......70%.....!@##$%%$#565567!@@##%^%^......POPCORNS@#$$$%^%^&&......
CHIONG AH...........HEHEHEE
@*&$!&@$*)*#+_^!$^
lawcheemeng ( Date: 02-Nov-2010 08:05) Posted:
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they shld have aleast 700million RMB cash..(last report 300+RMB and the cash from selling their business 300+RMB)..so shld have enough cash for their daily business ....any other big project shld be able to get fund on long term loan tie in to their project.....my take is no fundraising..leh.....my view only hor.....share share only
ROI25per ( Date: 02-Nov-2010 08:14) Posted:
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forthcoming funding is needed, so potential dual listing/placement/right issue/bond