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just got a nice buy in.low free float. and possible update as metal prices have risen
a few buys coming in .value of scrap up in price.may have a buy as looks undervalue since last update .metals up since then
Destined for the scrap heap.
looks like good news will come soon for every one :))
another great pump and dump... ?
Ehhh? I already said NTLG is on ISDX. And what is this May you keep babbling on about.
Thanks mtuk 1 . But , NTLG is also . Odd innit. And May
Ntlg is traded on the ISDX as well.
The force be with you?
Strangely the trades on this one are showing up . Yet NTLG didn`t . And May
But also a chinese company , which is odd . Good luck all here And May
no money in metals,even less so in scrap metals. don't think ide even risk this for an aim bounce.
11 Mar '15 ...10.75 ...........................today...2.25
Joe Zhou, Zibao Chairman commented:"We are pleased to present our maiden full year results as a listed company. Joining AIM has been a major milestone for the Group. We have continued to build the foundations of our business, supporting our future growth and ability to capitalise on the market opportunity. We look forward to developing our business further and creating value for investors
Zibao Metals Recycling Holdings saw its revenues go up in the year ended March, but profit before tax decreased considerably on higher costs. The Hong Kong-based recyclable metal trader's revenues rose to Hong Kong dollar (HKD) 443.6m during the full-year of the year compared to HKD436.3m. However, profit before tax decreased by 4.2% to HKD7.9m against last year’s HKD16.7m. This was due transportation costs associated to an increase in the proportion of purchases, but the company said the results were in line with expectations. Earnings per share also dropped to 0.07p compared to 0.17p in 2013. Zibao said metal prices softened in the last quarter, but have since recovered after a Chinese micro stimulus package included in the government’s infrastructure development project. Cash and equivalents increased to HKD6m against HKD5.3m the previous year. Chairman Wenjie Zhou said: “Zibao has made a steady start to the new financial year (April 2014 - March 2015) and the board remains confident in being able to further consolidate its position and achieve further growth in meeting its targets in the second half of the year.” The company’s shares were down 12.73% to 9.6p at 15:13 on Monday
Apparently 80% of the shares aren't in public hands but what's their expected turnover?