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  3. -3x Short China Share Price
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  5. 'Undervalued' China Shoto to buy back shares, delist

Pin to quick picks-3x Short China Share News (CHNS)

-3x Short China Information

Share Price Information for -3x Short China (CHNS)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 5.873
Bid: 5.911
Ask: 5.932
Change: 0.39275 (7.10%)
Spread: 0.021 (0.355%)
Open: 5.713
High: 5.873
Low: 5.713
Prev. Close: 5.52875
CHNS Live PriceLast checked at -

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'Undervalued' China Shoto to buy back shares, delist

Wed, 30th Mar 2011 16:07

Back-up batteries producer China Shoto surged more than 50% Wednesday morning after it announced plans to buy back shares at 380p each and delist from AIM.Following the cancellation of the company's listing on AIM the directors will consider various strategic options which may include a listing on the Hong Kong Stock Exchange, the Shanghai Stock Exchange or any other stock exchange, though they are giving no guarantees that the shares will be relisted.In a separate announcement, the company a fall in profit before tax in 2010 to £15.29m from £23.46m in 2009, on turnover that fell to £196.9m from £212.6m.The company has proposed a final dividend of 5p which shareholders will get to keep even if they sell their shares via the tender offer.---jh
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21 Jan 2011 15:21

China Shoto hit by reduced telecoms investment

Back-up batteries producer China Shoto says that it has been hit by a sharp reduction in investment by the three main Chinese telecoms operators. AIM-quoted China Shoto's main market is back-up batteries for telecoms base stations. A stimulus package by the Chinese government had boosted spending

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22 Jun 2010 08:57

Small caps round-up: Zoo Digital, China Shoto, James Cropper...

Digital media formatting specialist ZOO Digital said a second major film studio has adopted a solution using Zoo's media collaboration platform. The name of the studio cannot be revealed for contractual reasons. The system, which includes ZOO's Media Adaptation Tool, enables the user to repurpose s

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22 Jun 2010 07:26

China Shoto 5-Month Revenue, Profit Falls 15% >CHNS.LN

LONDON (Dow Jones)--China Shoto PLC (CHNS.LN), a Chinese battery producer and the supplier of back-up battery to China's telecommunication operators, said Tuesday revenue and profit during the first five months of 2010 has fallen 15% compared with a year earlier. MAIN FACTS: -Company remains

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28 Apr 2010 11:24

Small caps round-up: OMG, Oakley, Noble...

Oxford Metrics Group (OMG) rallied Wednesday after the image technology company flagged half-year revenue of £14.4m and predicted a pre-tax profit ahead of the market's current forecast for the full year. The firm says it is in "robust financial health", which pleases Daniel Stewart. The broker poi

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28 Jan 2010 08:48

China Shoto's profits to exceed expectations

Shares in battery maker China Shoto got a charge on Thursday morning as the company issued a profits guidance upgrade. Though the company did not include any figures in a brief statement, it did say that profit before tax for 2009 will be ‘materially ahead of market expectations’. Market consensus

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15 Sep 2009 13:52

Small caps round-up: China Shoto, Resources in Insurance, Cello...

Continued growth in the Chinese economy despite the global downturn helped China Shoto, which makes batteries for mobile phones, post a 41% rise in revenues in the half year to June 30. Pre-tax profits climbed to £6.4m from £4.4m over the same period the previous year as revenue rose to £96.5m from

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