London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Jiasen International Sales Rise As It Open New Doors 25th September 2015 http://goo.gl/axy2gO
This share do 100% + today ????? Maybe !!
Getting going nicely now. Where will we end up? Is 25p doable today?
Last time six monthly results came out and profit after tax six months later down only 25% to £6.8M yet the share price has fallen 70%ish to 7p.
Deserves to be a lot higher. 34million in cash and equivalents, HY profits over 6million, dividened paying. Even allowing for a discount to cash, mcap of 8million is peanuts!
87000 bought who could that be ;-) first thing
Buys about to turn blue
Thought this would come good. Excellent!
moving on up +26%
all reds are buys we could be in for a good day
Profit after tax £6.8M for the half year
7p gone
You're right. Others will see it soon.
· The Group has a strong order book of RMB 159 million as at 30 June 2015 (HY2014: RMB 137 million). The order book is mainly made up of orders from property developers and is expected to be completed by end of 2015. · Cash and cash equivalents as at 30 June 2015 amounted to RMB 339 million (31 December 2014: RMB 334 million). In other words £34M. Massively under valued right???
Couldn't agree more. People thought this was dead due to someone crucifying it on their 'blog' but as the figures today have shown the company is very much alive and kicking. 25p today minimum I think. GLA and enjoy the ride.
In the light of recent share price underperformance and confidence in Jiasen's long term prospects, the Board is considering a number of options to help improve the Company's share price performance. Recognising this opportunity to capture future growth and the fact that Group's existing dividend policy provides for an unrealistically high yield on the current share price, management has decided to commence a review of these options which may result in a reduction, or even cancellation of, future dividend payments
"The Directors are pleased to report that the Company will declare an interim dividend of 0.5p per share to shareholders who are on the register as the close of business on 16 October 2015. The ex-dividend date will be 15 October 2015 and it is expected that the dividend will be paid on or around 16 November 2015. In light of the Company's forthcoming financial need for the development of Company's new factory, the Company will review its final dividend in line with its capital need and its stated dividend policy". So good news and bad news.
It does mention further down the RNS that they are reviewing dividend policy with a view to reducing it or ceasing it altogether.
Wow great figures ut divi as well. Let's re rate now...
spoke with IR today - The company is well aware of the comments being made by a certain blogger, they have decided to let the companies results do the talking. Once people see the company is growing and profitable then the doubters will go away, but they do want to keep shareholders more updated going forward and will be doing this at the very least with releasing quaterly trading updates. They mentioned there have been 2 very balanced articles about the company recently. One in China Daily hxxp://europe.chinadaily.com.cn/epaper/2015-07/31/content_21459737.htm and one in the FT http://www.ft.com/cms/s/0/7ffc4a14-2659-11e5-9c4e-a775d2b173ca.html I asked about directors buying shares and was told Mr Wolfe is very "switched on" which made me think maybe they might buy some shares in the market after the release of the interims or even a share buy back with the large cash on the books ($48million) Mr W is of the opinion that the current mkt valuation is purely due to Jiasen being a chinese company and being "tard with the same brush" which is very unfortunate, as the company has a large cash base, profitable, but over time the opinion will change as the company grows. The company also had a buy rating re-affirmed by Beaufort Securities five times the current mkt valuation and also that the company has agreed that investors can sell shares @ the float price of 82p if they de-list within 2 years. They have issued 3 number "we are not aware of any reason why the share price has fallen" RNS to re-affirm the company is trading in line with market expectations and if anything had changed they would need to update the market. See June RNS http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12375032.html interims are pending and will be out shortly.
House sales are rising at an explosive pace in China across most regions of the country as stimulus measures kick in and the Communist authorities launch yet another cycle of credit growth. Fresh data collected by JL Warren Capital show that sales of existing homes surged by 115pc from a year earlier in the second week of September, rising to 135% for the so-called 'tier two' group of mid-to-large size cities. - The Daily Telegraph