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Just get that sneaky feeling cheap shares are running out rapidly as each day it wobbles but strengthens so I think a 7p Friday Finish is a strong possibility. It’s always interesting to wake up an see what’s happened but the trend is tilted upwards so it’s only a matter of time IMO. Good luck as the value is there to see this double up and more.

Its definitely been an up and down week, someone is buying out all the profit or loss takers.

At the end of the day it was just a little profit taking from anyone that came in a 3p over the last few months, the company overall value hasn't changed and the SP should still move up again soon enough. We have to remember the majority of HK investors came in at double this price on the IPO so it should stabilise again quickly.

Intrigued to know what's kicked of the current buy strength, we all know its undervalued and the results are due in the coming weeks but it doesn't seem to have gathered momentum really quickly in getting back up towards the offer price, still some way to go before its fully recovered. But if this gets close to $1 before the results the results who knows where this could end up if they are as positive as expected, could be a real boost to the SP in the next couple of months.

Worth a listen to Jon Richardson's Podcast with client Earth, it talks about China's way of thinking for the future of its environmental policies.

https://podcasts.apple.com/gb/podcast/jon-richardson-futurenauts-how-to-survive-future/id1508061420?i=1000507525178

http://www.zkty.com.cn/project/

All the ducks are lining up now ........ The Results Update should see us fly

Ethanol increased 0.28 USD/GAL or 19.33% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity.

https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

Richard Bennett
@CleanTechRich
16h
For those asking about #HK1156 it is hard to answer any questions prior to results. QED if there was any major deviation from forecasts then the company would make an announcement as per HKEx rules.

https://twitter.com/CleanTechRich

The key factor here is what value people have paid for shares:

BOD Own the major stake and they are locked up long term and probably 60% shares (No Exit Price)
AIM PI's They have about 10-20% and will be a mixture of 1.5-8p investors that are either Short/Medium/Long term holders (Exit Price 10-15P)
HK IPO PI's They have about 10-20% and are at a loss until this gets back to 10-12p so Medium/Long term holders (Exit Price 14-20P)
HK New PI's They have about 10% and have been buying from 3p-10p since the IPO so are Short/Medium term holders (Exit Price 6-12P)

This doesn't leave many shares in open circulation at anyone time which means when this gets traction it will seriously boost the value quickly, these numbers are very rough but I am interested in others thoughts as to my estimated view. I have estimated the exit prices in terms of GB Pence and not HK$'s

Ok this is good news as we are seeing about 10% upside returning on a daily basis now which is fab, the question is why has HK/China buying suddenly kicked in over the last week . Don't get me wrong its still massively undervalued by about 3 fold on the SP but its interesting that this sleeping dog has suddenly not just woken up but is positively chasing something now?

Maybe its the local Red Party Officials that are the ones that have suddenly started to buy into the company as something has triggered buying for the last few days. Seems like a quick way to double your money at the moment ahead of the results if all the trends in previous results continue on the same trajectory as previously.

https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

This looks good for investment in the industry as the prices are staying high

They did a technical announcement which looked like a legal declaration about last years share transfer which was announced, I wonder if this now clears trading for all the London certificates that were migrated over as complete and allows them to release news now in line with what Richard Bennett said a while back?

Something is brewing this week o the HKEX as the share price has moved up and found support 20% up. Next week will see if this is sustained and ready to move up again, but a good week though even if we are massively undervalued still.

Whichever way we look at it old AIM investors are not the future of CNEL and the SP as the big money will be made by the Chinese Key Investors (mostly company people) and the new IPO investors that came in recently or are still to come in over the next few days, weeks and years. Yes a few of us may hold out for the long term and let this ride and hopefully see a substantial increases as this goes from strength to strength but be under no uncertain terms most PI's dip in and dip out and never stay for the whole journey. Once AIM investors have all sold out when this gets to 10-15p in the coming months very few will remain to chat on here as the company becomes a different beast in 2022,2023 and onwards.

But its good to see today the journey has started and this increase has come from HK/China investors and not London which really is a very good sign for anyone here short, medium or long.

Great information Topmoney and interesting they were happy to respond when questioned about perceived numbers on the web. Lets sit back and wait for the blockbuster results hopefully in a few months time.

https://tradingeconomics.com/commodity/ethanol#:~:text=Ethanol%20is%20expected%20to%20trade,0.79%20in%2012%20months%20time.

Morning everyone, I just wanted to re-iterate that those were just my personal gut feel views and nothing that I have any knowledge off other than trying to second guess what's to come. I think if we were expecting a bad set of results they'd have to be calling out now any profit warnings rather than just wait for the FY results (so for once I think their silence might be a good thing).

I cannot verify the salaries which is why I posted the source links but I have no reason to doubt they are correct and I am sure they probably think they did a good job last year as the achieved the switch to the HKEX that was their key plan and got investment money. We have to remember these directors have delivered consistent profits and growth from a company that didn't look like it does now 5 years ago.

The SP is shocking, no two ways of looking at it ad not thinking is undervalued by about 10p a share but the assets, opportunity and overall value hasn't changed. Its worth noting this is not over subscribed as the share ratio is still very slim compared to most companies and a few descent buys and the SP jumps up in large increments.

In 10 weeks time if the results deliver another good year I am sure it will get noticed and we should see some good progress on the SP, I just can't see a dividend yet as they did the HKEX switch to get money in to invest in R&D and Growth so they need to leverage this for a few years to make it count now for the future profits it will delver.

https://gb.wallmine.com/lse/cnel/officer/2123349/zhaoxing-tang

Zhaoxing Tang biography
Tang Zhaoxing, BSc, MBA, serves as the Chief Executive Officer, Executive Director of China New Energy Ltd. Mr. Tang is the managing director of ZKTY. He is responsible for the overall company operation, sales and project design and management. Prior to joining ZKTY, he was managing director of GZTY Regeneration Resources , of which he is still a director. Mr. Tang graduated from South China Science & Tech University with a degree in Chemical Engineering, and holds an EMBA from Peking University.

What is the salary of Zhaoxing Tang?
As the Chief Executive Officer and Executive Director of China New, the total compensation of Zhaoxing Tang at China New is GBX657,000. There are no executives at China New getting paid more.

https://gb.wallmine.com/lse/cnel/officer/2123343/weijun-yu

Weijun Yu biography
Yu Weijun serves as an Executive Chairman of the Board of China New Energy Ltd. Mr. Yu is the Chairman of CNE and ZKTY and is primarily in charge of the overall strategic planning and corporate development of CNE. Prior to joining CNE, he worked was Deputy Chief of GIEC CAS. Mr. Yu holds an Executive Master of Business Administration from Sun Yat-sen University and is a member of the Chinese Institute of Certified Public Accountants.

What is the salary of Weijun Yu?
As the Executive Chairman of the Board of China New, the total compensation of Weijun Yu at China New is GBX299,000. There are 1 executives at China New getting paid more, with Zhaoxing Tang having the highest compensation of $657,000.