Member Info for JAMESY1980

So much for settling comfortably above £5.00. My portfolio has taken a bashing this week. Not sure why WCC seems to have got so caught up in the bearish sentiment this week as it is relatively well insulated from uk growth/unemployment, etc... Hopefully breaking the £5.00 mark is a sign of good short term potential once this negative sentiment is dispersed. As I have said all along I'm here for £15.00 but it is difficult not to keep an eye on the SP. GLA

Resistance at a fiver. Keeps threatening to break out. Hopefully £5.00 will be history very soon as we break into new territory.

Nice rise today. Will it sit above comfortably above a fiver? Hope so.

I'm sure the thought of trading on HK will put many PIs off and they may sell up and take a good profit to save the hassle. My understanding is that when it is listed on HK our current brokers may not support trading, but that the company will arrange a broker who will support the trading of our shares, possibly at a reduced transaction cost. Any one else have experience of this? I shall be holding longterm anyway, but am interested in the effect it may have on small PIs.

Good question. My feeling lies in the fact that we do not fully understand the chinese cement market. WCC produce a similar quantity of cement to the whole of the UK! As well as this we are always a little suspicious of the unknown. In Hong Kong investors will know the company and the market. Therefore P/E is likely to be much higher. An EPS of £1.20-£1.50 and a P/E ratio of 10+ would be absolutely fine by me. Roll on 2011.

Back on track. Next stop - A tenner.... hopefully. GLA

Its nice to see this company getting closer to a more realistic SP. There will be more to come IMO. Imlom's link to report on WCC's web site is very positive. Full year EPS could be in the 80p- £1.00 range. Rock on!

Afternoon all. I found spaman's report: http://www.moneyweek.com/news-and-charts/economics/gloomy-times-ahead-for-china-94206.aspx This does make for interesting reading although I would not be too concerned if you hold these shares. North west China is in a better position than the rest of the country having had the setback of the earthquake. Although this report is relevant to investors in this share, it is not as gloomy as the title suggests. It suggests that growth in infrastructure is likely to reduce next year (So it is still growing) and likely to level off or drop slightly in 2011. Residential development is likely to increase. This company is trading with a P/E of between 7 and 8 based on this years projected P/E. Which is very low for a company which is still growing at a phenomenal rate. Current buying pressure shows that the market agrees. I particularly like the £250k buy at £4.72. My target is £15.00.

Where was the report you read? - sounds like it may be of interest.

Sorry - hit post before I was finished. IMO the chinese infrastructure is far from a point of maturity. infrastucture investment may have to be cut back in the short term, but there is many years of huge projects to come. What you have to remember is the scale of everything we are talking about with China. More than 20 times the population of Britain! IMO we are more likely to move closer towards parity when it comes to comodity prices between ourselves and China. After the boom has been long forgot about WCC will be left with a good steady/solid income. A huge proportion of china still live in shanty towns. How long into the future can you see your battery company growing?

I like your very simplistic and objective views on where the world is going. It can be very easy to get so tied up in a company thet you become blinkered to the bigger picture. I do feel however, that you've called this one incorrectly. Your electronics company may well be very exciting and I shall take a good look at it as I do with most tips I get on here. However electronics companies are notoriously fickle. Technologies, materials, patents and demands can be very volatile. WCC is well placed to make the most of the current boom in China.

As far as I am concerned the real question is why there was a dip in september, not why we are back on track. No news is good news with this share as the company should be happily getting on with doubling their production and seem to be a responsible company who would release an RNS to let us know of any hickups. Company have given out impressive production targets which equate to EPS well in excess of £1.00 for 2010 subject to the usual variables(Exchange rates, fuel prices and local cement prices). Odds are stacked in our favour with this company IMO.

Increased regulation is old news, but not a negative at all IMO. Limiting supply will increase demand and hence price. Regulations will also limit other players coming into the market to compete and flood the market. I've gone back to cash with many of my investments, but held onto WCC. I will be upping my stake in WCC once CFM funds clear, assuming it stays around these levels.

I think this company's SP is worth £8.00+ but I will be surprised (but happy) if we see it this year. A solid company like this with forecast growth approaching 100% for the next financial year would easily be trading with a P/E of 15 to 20 if it was based in the UK and we could see their trucks passing us on a daily basis. We don't have the same trust for a company that we can not see. Like any business their are risks energy prices (likely to rise), exchange rate (who knows?) and cement prices (Likely to hold up well and rise with energy due to more stringent regulation) can't see the China bubble bursting any time soon - they are here to stay. When this lists on HK it will soar. All IMO DYOR and all that. GL

Well done to us. Feel bad selling my NG shares. They have been pretty good to me over the years. I'd like to get back in there at some point. The best defensive stock at the moment IMO with garanteed divi returns. For now there are more interesting stocks about. I'm in WCC, ARGO, SDY, BDEV and even took a punt on CFM which is not normaly my style. Had a good couple of months. GL

Had a good think about this one over the weekend and I'm holding- Market cap is still only a third of company's net assets. Turned in a profit in a difficult year last year. EPS likely to increase this year.

I hold over 2000. I bought in 2 lots. My understanding of transactions over market size are that they are quoted for individually rather than getting a firm quote from your broker. Certainly not impossible. The other option is to buy in blocks of less than 2000. Either way I think getting in here is a good idea. GL

This baby could easily push £8.00 if listed on Hong Kong. Bring it on.

Well done. I think there is room left for a little movement yet. I've held some of these for a few months and topped up yesterday. I've never bought into a company knowing less about it before, but I couldn't ignore the fundamentals. The interims gave me enough confidence to top up. I'm in for £4k. Nice uplift after a gloomy start to the week.

I must be the only one on here who has these in my portfolio as the "Also hold" list looks like half my portfolio!