Member Info for Dicko80

Yes defo clearing a seller , but looks like we have a buyer too now
Volume and number of trades picking up

Looking at the A Trades over last few months , we are clearing a seller…

Initial target once cleared 2p

According to the latest presentation it stated as end of 2020 there was $2m in bank and no debt

Overheads are c$1m per year

So suggest we have cash until end of 2022

Yes I’m a buyer of stock , picked up over a million over the last month

The latest presentation compared to last year had a much more positive feel to it and comments of

“fast track into production “

Sign of intent

Accumulation phase , buy and hold

Bottom feeding ... tick tock

took a position here this morning Market cap is currently 50% covered by cash with a further 25% due from the government making c75% of mkt cap covered by cash. 2m oz gold with exploration upside, EV$1.50 per oz, very cheap. Project is well advanced Finance to mine 100k - 145k oz pa, potential game changer for Near term production Chart is showing oversold on MA & RSI

In particular, the interests of concert parties (including those of certain of their connected persons and associated companies) will usually be aggregated for the purpose of the thresholds under the UK Takeover Code. This can mean (for example) that where members of a concert party hold (in aggregate) an interest in between 30 and 50 per cent of the voting share capital of a company, an acquisition of any further interest in shares by one member of the concert party may result in all members of the concert party being required to make a mandatory CASH OFFER for the remaining shares

Where the target is subject to the UK Takeover Code, one of the key areas where restrictions will apply (and an area where bidders may inadvertently trigger obligations or impose restrictions in relation to a possible future takeover offer) is the acquisition of interests in its securities. These restrictions include (amongst other things): an obligation (subject to certain limited exceptions) to make a mandatory cash offer for the remaining shares of the company where a person (together with their concert parties): (i) acquires an interest in shares which carry 30 per cent or more of the voting rights of a company or (ii) holds an interest in shares which carry between 30 and 50 per cent of the voting rights and makes a further acquisition of an interest in shares ......................... this suggests they have to make a cash offer

@ 51.78%... they have no option right ? they have to take us out

6momths revenue RMB 427m ( £42m) profit before tax RMB 93m (£9m) profit after tax RMB 68m (£7m) cash RMB 339m (£34m) dividend FULL YEAR PROFITS LIKELY TO BE £12 - 15million ........................... mkt cap £7m

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.

https://imageshack.com/i/ipfxnFwug

Yes not long now. If you look at previous RNS it tells us they are expanding, opening more outlets. So hopefully adding more turnover and more profit

kingston78 15 Sep'15 - 14:07 - 10 of 11 Second wave is moving upwards. 1st Target 20p on announcement of result and dividend. 2nd target 30p and 3rd target 40p before 31/12/2015. Dicko80 15 Sep'15 - 20:53 - 11 of 11 That would be nice Kingston @ these levels you not only have potential big upside but also dividends of c50%

Unfortunately that would be Inside information but the interims will be out before the end of the month.

I have spoken with IR and they have confirmed trading is in line with market expectations as per the 3rd June RNS. http://www.londonstockexchange.com/exchange/news/market-news/market-news-detail/12375032.html Commenting on the results, Weigang Chen, Chairman said: "The business is trading in line with expectations, supported by a strong order book, and demand for semi-furnished apartments which is a relatively new concept in China continues unabated, driven by home owners desiring higher quality fixtures and fittings and convenience. We remain confident of the future and our major shareholders remain supportive of the business."

80% are held with investors, so 20% is available to joe public With only 120m shares in issue doesn't leave a lot available

20% free float = 24 million shares The 2million you refer to are the number of shares they issued on the first day on AIM. 2.846million shares @ 82p to raise £2.33m

For those that can't open the link, do the following... Google "jiasen international" Click on the "news tab" next to the web tab First page half way down "conviviality must not forget..." Click on this FT will ask you to answer a question... Click on "prefer not to answer" Article then loads...

http://www.ft.com/cms/s/0/7ffc4a14-2659-11e5-9c4e-a775d2b173ca.html#ixzz3lj74Tyjx