Member Info for millsm

I hope no one has a 7p sell order back stop in place as the MM's may well be looking to trigger it to get shares, it would be very disappointing if they pinched someones shares just as its set to rocket upwards.

I have been tracking this share for the last 4-5 years and tomorrow is an absolutely massive day in the company's history. They were very successful in developing their business model around 4-5 years ago and were not making any money as a company in building the business up. then 3-4 years ago it swung into profit and that has accelerated every year since to some sensational numbers on the balance sheet. The BOD have kept their heads down and just focused on winning projects (70-80% win rate) and delivering substantial profits (20-30%). This has created a business model that is going to marketed now in their home market as they mover to the HKEX in 9 days time and deliver a massive boost to the share price as it will be based on the company performance, profits, market share opportunity, patents and a growth market. They are technology leader in an rapidly expanding industry globally whilst being local in the worlds largest growth country. I have waited a long time patiently for the next week or so like others, GOOD LUCK EVERYONE as we are so close to not the finishing line but actually the start of the real race to the company flying to new highs of performance and profitability. I am definitely in for the ride ......................

Their might well be some large orders being collated up from small sells and buys which is skewing all the numbers. If you look at the end of each day the larger trades all show up. they can't just buy a big block of shares as there aren't enough in the market as a whole, so its taking them a while to fill up orders in the background. All promising though as the trade volumes and values are much larger than a few months ago and still strong. The MM's want the shares as tomorrow will be a massive day and they could make a killing if they have shares at 7-8p and they gap straight up to 10-13p based on the agreed opening price.

Remember anything above 10.3p means they had a very positive take up so they moved the price up to math the higher offers. If its at 12-13p+ it suggests on opening a big step up in the first mornings trading in HK as Chinese PI's bid it up from the initial offer, we should then see anything between 15-20p. Obviously if its at the lower end it would suggest a move balanced first morning on the 15th July when the BOD ring the bell in HK.

Tomorrow is the big update, will be interesting to see how the SP reacts latter this morning into the afternoon, as any gap up in the price could be a very positive sign tomorrow is going to be a massive day. Although the timings tomorrow are a little unsure do to HK or UK time for the bidding process to end and then the RNS on AIM coming through.

With every trade early lower value purchases are replaced with higher level entry buyers. This is a very good sign the shares moving up over the short to medium term. Given the next 10 days of activity in HK/China to come it can only point towards positivity and a push for a major re-rate.

The share price isn’t moving, all these shares are going somewhere in large quantities and the MM’s are taking anything that’s available. Remember this was trading sub 2p not ling ago and is now very stable and strengthening around the 7-8p mark. Come next Tuesday that could well look very cheap compared to the potential value it will peak at in the coming weeks. Good Luck all as it’s been a long time coming for a company that’s outperformed 90% of the companies on AIM.

So a £610 trade at 8p tricked the MMs into not knowing What was up or down today. The cynical part of me thinks they might be doing it on purpose? Hopefully it will become clear what’s actually happening with trades today day at somepoint.

Not denying theirs a small chance it could bounce of the HKEX but equally lots of checks are made way before this point to make sure it happens. No one would have predicted COVID this time last year and that had sunk some big companies. But the HKEX is after growth and pulling the financial power house for trading to China. They are not going to let any listing fail as confidence in them would rapidly impact foreign investors. Add to that the last couple of years preparing for this by the company and the consultants , a good idea of who the investors will be for the bidding will already be known.

Again nothing is ever 100% but this is up there with a very very strong chance of being very successful. Only time will tell if I’m a fool or successful, but I’m definitely not selling a bean for a long while yet.

MM's are predictable as they are lining their pockets, the margin has to be big as around 85% of the share are locked up long term with the BOD, Major Investors (On the inside track) and Larger Holding PI's.

They don't have much to play with to make a market, but where are the sellers coming from at this price, really odd anyoe would let go now with only 1 more trading day on Monday plus some time on Tuesday before the announcement to cash in on the next boost up.

OK I am missing something here?

Lots of buys into CNEL waiting for the announcement on the upcoming price, the results were better than expected putting the range between 10.3p -13.4p

Net result consistent selling for three days just before the seriously important announcement next Tuesday as to where it will be, worst case scenario is its 20% up from today's price and maybe 45%+ upside

Whatever the result anyone that holds till next week gets a descent return that's as good as risk free in real terms.

The share price sits on what can only be a massive buy or sell in the background as the MM's seem to find sellers from know where. Even people that do't want to trade in HK still have a week after the offer to drop them on the market.

Are the MM's hoovering up PI's accounts or just playing this to find people not tracking the deal?

Its very very confusing IMO

I transferred to AJ Bell, took 20-30 mins to set the account up online, and then filled out the form (about 10 mins). It took two weeks for the shares to move over from my Lloyds trading account. Then I am all set up. So it depends if you want the option to trade before the move or happy to hold for a couple of weeks, HL should just hold your shares even if you can't sell them through them.

Very very fishy the current SP movement. The volume is very strong and yet its not moved at all for days now. Some hidden trade blocking it all up IMO

To many players involved to make sure it will be successful, mainly the HKEX itself as they wouldn’t be very attractive if they failed to get listings underway once they’ve done the tests, interviews and due diligence. Also the BOD and consultants have been working on this for years to make it happen. Add in the Chinese government that always plays politics in making sure anything they are associated with looks globally strong. Add to this green energy and growing market place you get a very attractive company that ticks the box for environmentally friendly investment with a very strong Profit return. If there was a plan B it would be a single buyout offer imo as the company is waiting to massively expand to generate greater profits so is bursting with potential. I’m sure they’ve had a few offers to bring in outside investors but the BOD own the majority of the shares and could all do very nicely if they continue the hard work and harvest the potential of the company in the next 12-18 months. The sad thing is AIM investors could have made a good company grow and reward them if they’d traded with the mindset of holding tight for a couple of years rather than day trading. Although some on here have been loyal and could well be a lot wealthier in the next 12 months if they simply hold on for the main course and desert rather than the just scoffing up the starter.

In my opinion around lunchtime tomorrow this should turn upwards, I don't think anyone wanting to load up in any numbers will leave it till Monday as there are to many watchers now. Everyone knows it will come in between 10.3 and 13.4p so its going to jump up Tuesday on news (although it all depends on China or UK time for the closing of the arbitration bids). Friday should see this as a good day to get in sub 8-9p to get a bargain as then the margins slip away if it comes in at the low end towards the 10.3p but still a 30% upside if it comes in at the top end. The key point is the strong the price the bigger the jump up at opening day on the 15th July as it means they are all betting for a substantial re-price towards the 20p+ mark. A low bid means less upswing IMO

Large in Scale Deferral

LRGS

Publication mode / post-trade deferral:

reason.

Date of Prospectus 30 June 2020: RELEASED
Applications commence for Hong Kong Public Offering 30 June 2020 : RANGE 10.3p -13.4p
Applications close for Hong Kong Public Offering and pricing 7 July 2020 : NEXT TUESDAY
Results of allocations in the Hong Kong Public Offering 14 July 2020
Last day of trading on AIM 14 July 2020
Admission and Cancellation 15 July 2020

The profits alone in the next 12-18 months could be as much as the current MCAP so regardless of what happens this is going to fly on the HKEX. The world has had a taste of cleaner skies, less pollution and a better work life balance. Green is the new tech stock IMO. Personally I am very surprised the company hasn't been taken over by an offer bid in the last 12 months, although maybe the BOD had offers. They decided as the major share holders they wanted to take the rewards themselves and grow the company to its full potential on the right platform, so pushed to get into the HKEX to maximise growth. Good on them.

The amazing thing is it doesn't make any difference at all what they trade at today, tomorrow or Monday as come next Tuesday we will be told what the gap up is an the new opening SP. Anything above 10.3p on the 7th July tells us they have had a good response and that the opening day will see the SP go up again on the 15th July. So it will be a double wave of upside, all this silliness on AIM will be all forgotten and in the past.

Can no one on AIM hold a share in their portfolio for more than a few days lol . Can't wait to see my shares delisted on here and moved over to the HKEX as they are some serious buyers over in China that want to see the companies prosper and grow as they get rewarded medium and long term for loyalty and support.

Maybe it will all become clear soon as to the games that are happening as the margin is way to wide and the deal values are much larger than before.

http://www.zkty.com.cn/a/202004/444.html

Looks like the certification came in December 2019

Warm congratulations to our company for obtaining high-tech enterprise certification

Recently, Guangdong Zhongke Tianyuan New Energy Technology Co., Ltd. (hereinafter referred to as the "company") was awarded the "High-tech Enterprise Certificate" jointly issued by the Guangdong Provincial Department of Science and Technology, the Guangdong Provincial Department of Finance, and the State Administration of Taxation, Guangdong Provincial Taxation Bureau. The validity period Three years.

The identification of high-tech enterprises is the identification of the company's comprehensive capabilities in research and development capabilities, independent intellectual property rights, business operations, and talent structure. Since its establishment in 2002, the company has obtained the accreditation three times in a row, with a validity period of three years.

According to the relevant provisions on the identification of high-tech enterprises, in addition to the one-time government awards, companies that have been certified as high-tech enterprises can enjoy the preferential tax rate within three years of the company’s corporate income tax and the corresponding national technology and policies. Support. This provides effective conditions for the company to further enhance its innovation capabilities.

This certification of high-tech enterprise qualifications will help the company to exert its strategic advantages, form a continuous innovation mechanism, and enhance its comprehensive competitiveness and influence. The company will adhere to the enterprise tenet of "innovation, perfection, integrity", continue to increase investment in scientific research, improve technical level and comprehensive strength, and strive to become an industry benchmark and first-class comprehensive service provider.