Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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Is there any confirmed date out for Q1 update?
Someone has mentioned it seems that having to wait for share certificates could be a blessing. I tend to agree..
I feel a lot of positive news that could surface whilst we await the arrival of the gold tickets-so to see the share price play out under a positive Q1 and with hopefully a resurgent market as the HKe moves its way back up and beyond 29k these factors can really push us on.
The more you read the more it reinforces what an incredible opportunity CNEL offers :
“In terms of gross profit margin, in the past three years, the overall gross profit margin of Zhongke Tianyuan has been 30.1%, 29.0% and 27.5%, respectively, which has remained within a stable range. It is worth mentioning that its gross profit margin level is significantly higher than the average level of the manufacturing industry, which fully reflects the obvious bargaining power of Zhongke Tianyuan's products. “
PE is only 10 based on current reported profit. Given CNEL has such a strong market leading position it normally should command a PE premium so call it 15-20 but when you factor in a large rise in profits this year then on a forward PE there could be a further 2-3 x in this company in a relatively short time period from its listing price subject to a good Q1.
Looking very exciting.
When I read that statement that’s the one thing that stood out for me-I then persisted to bore my wife with that information.
"According to the knowledge report, the company ranked first in the ethanol production system industry in China in terms of revenue in 2019, with a market share of 10.8%."
that statement stands out from that link.
had to translate website to read as was in chinese but a good read non the less
for all those who arent fluent in chinese reading ;)
https://translate.googleusercontent.com/translate_c?depth=1&hl=en&nv=1&pto=aue&rurl=translate.google.com&sl=auto&sp=nmt4&tl=en&u=http://www.acnnewswire.com/press-release/simplifiedchinese/60004/%3Futm_source%3Ddlvr.it%26utm_medium%3Dtwitter&usg=ALkJrhiej-VigaySBX_BbRiD5ezX7WV52Q