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Entry price into the HKEX, Richard Bennet confirm the 11p entry price on one of his tweets a while back so this should be a safe number.

Always do you own research and read back through the last couple of RNS updates, the move is still very much on the cards and the entry price should be 11p a share based on the requirements of the HKEX.

Nothing is ever a certainty but this has some potentially big upside potential and the Profits & Revenue are very good. The only thing that is not moving up on the company performance for the last three years is the SP, hence the move to the HKEX application.

The move should happen before the end of July at the latest but many predict it will come sooner if everything goes to plan.

Worth a look at the HKEX Listing Applications, the ones that went in Mid Feb 20 are showing as starting to be Listed and the CNEL application went in: 27/03/2020 China New Energy Limited

Some later applications have been successful and some early ones still actively going through the process, but it does seem to show a trend that suggests on average we are probably due to see this happen around early July which is when the RNS predicted.

Obviously this is a guesstimate as CNEL could be almost there already as this was the second application that had extra consultancy advice and better profit/sales figures in the submission. Either way it can't be long before we start to see something positive and rewarding from what is fundamentally a very profitable company, this alone should see the SP double if not triple what it is today.

https://www1.hkexnews.hk/app/appyearlyindex.html?lang=en&board=mainBoard&year=2020

https://www.google.co.uk/amp/s/simplywall.st/stocks/gb/capital-goods/aim-cnel/china-new-energy-shares/news/heres-why-i-think-china-new-energy-loncnel-might-deserve-your-attention-today/amp/

The BOD and Chairman were all confident this will be done in H1 so that leaves about 6 weeks maximum or shorter as the timeline for the HKEX is about now. So anytime in the next few weeks is likely to be announcement day. RNS updates tend to come on China time from CNEL so it makes looking at early 07:00 RNS updates a little unpredictable. The deal value increases last week suggests something is brewing soon.

The deal values are moving up now which suggests more serious investors are taking a look.

Didn’t happen yesterday but can’t be far off hitting 3p now

Lets see what happens into the close but this has 3p plus now written all over it

This is on the move now, every day we get closer to the big re-rate, looks like a few buyers in the market for a very good return here.

I think we have seen the start of the upturn now as PIs are slowly catching up on the potential upside here. It won’t take long for a few trades to start adding value as a couple of thousand pounds of buys pushes it up very quickly.

Are we on the verge of the inevitable re-rate, buying on Thursday suggests something is brewing as the volume moved up along with the share price. All the Aces have been collected up it’s just a case of the company laying down it’s hand now and scooping up the share value prize.

It should be onward and upwards now as this is all stacked up for buying into the re-rate. China is back in business and the HKEX will want to be leading the charge with new listings of which CNEL should be one of them. Maybe the last few days to get in before we get news as it can't be long now.

I have switched to AJ Bell as they have confirmed its straight forward trading on the HKEX, just by telephone rather than online. I am sure the trading commission will be at a premium but when the SP triples or quadruples in a few days of the move its worth it.

I tend to agree this should happen quickly as everything is in place and they must have had a very strong signal before the reapplication this was a done deal. The BOD want to move onwards and upwards and will be keen to join the HKEX immediately. Good luck all it’s almost time to celebrate if you’ve held out for the rerate.

It’s hard to get any good news to stick on AIM but the SP should be strengthening now as it’s not long before the real re-rate kicks in. Let’s see what happens as 5p is a backstop minimum due to the loan agreement and 11p is the HKEX entry price. The real value is the years and years of growing profits.

It will all shake itself out in the coming weeks as the MCAP is undervaluing the company by 70-80% of its real value currently. This is all set for its re-rate to 11p soon enough as the clock is ticking for the mind blowing RNS that will say ‘10 days warning to the listing on the HKEX’ then wait for the fireworks. This RNS is signposted to happen before the the end of July (based on today’s RNS) but probably way sooner.

Just can’t believe this isn’t blasting through 3-4p

Absolutely 5p is a locked in minimum value

That leaves two months or less for the HKEX move to happen, the BOD must know it’s a done deal based on the second submission and what they’ve paid consultants. With China ramping up the economy again we should see a good update soon to say this is green lighted.

Thanks just Aim, 20% down in a couple of thousand pounds worth of sells. It can recover that in half an hour when this finally kicks off. The real money will be made when this goes to the HKEX.