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Looks like a small consolidation with profit taking/top slicing by some is now over. Looking stronger, and it also appears some institutional buying has been going on.

No institutions are going to buy a large stake when control of the company (over 50%) might fall with Tony Chan. Therefore they are waiting for the case to be finished, and if Chinachem wins they will no doubt try to buy the shares from Chinachem, if if Tony Chan wins he will likely be forced to sell them to the institutions to dilute his holding down. Either way the insti's will only be buying in bulk once the case is over and the shares are up for grabs. That I am afraid could be a long time.....

http://www.theherald.co.uk/business/news/display.var.2504871.0.superglass_in_upbeat_mood.php Superglass in upbeat mood TIM SHARP - City Editor April 29 2009 Managers at Stirling-based insulation manufacturer Superglass think a bottoming of its market is looming after it posted a pre-tax loss of £200,000 for the first half of its financial year in "the most challenging conditions the group has experienced". Superglass managing director John Smellie said: "If it has not bottomed it has not got (much) further to go." The fibreglass insulation manufacturer saw turnover tick down from £20.5m last year to £20.1m, over the six months to February 28 as it continued to suffer from a lacklustre housebuilding sector. Competition reduced prices even in its fallback markets in continental Europe. One positive for the company, which employs 180 staff, has been the expansion of the government's Carbon Efficiency Reduction Target (CERT), under which utilities have to improve home energy efficiency. The government allocated an additional £1bn of funding to the scheme last year. Smellie said: "The (CERT) market has certainly picked up significantly and we antici- pate in the autumn there is going to be a bit of a step change when more funding becomes available." Despite the headwinds, strong cash generation enabled Superglass to announce an interim dividend of 1p per share, albeit down from 1.7p last year, and the co

Up 20% on the day. Would be good if it can get back to the 50p to 60p trading range it was in summer of last year, some consolidation again there to strengthen, would be good.

Also said to be the main tip in SCSW which came out on Satuday.

Tipped in the TImes http://business.timesonline.co.uk/tol/business/economics/article6256258.ece May 10, 2009 Sharewatch: Superglass Holdings The Stirling-based insulation group has had a torrid time since its shares were listed on Aim market at 180p in July 2007. They have been badly affected by investor concerns that Superglass’s fortunes would suffer as a result of the UK-wide slump in the housebuilding and construction sectors. Last week, however, the shares continued to rally following bullish statements from the chairman. A lot of this can be put down to investor expectations that demand for its products will be boosted by government energy conservation initiatives. On April 28, Superglass r...........................

Mentioned in the Times today under "Tiddler to Watch", snippet below, full article on the link. http://business.timesonline.co.uk/tol/business/markets/article6252183.ece ".............Tiddler to watch Shares in West China Cement, the cement producer located......................" ----------------------- Little bird also says they got a write up in SCSW this weekend ( http://www.scsw.co.uk/ ) so it would seem that more and more people are getting to know a bit more about WCC and its potentially very exciting future and outlook. .

Update from IC on 6th April : http://www.investorschronicle.co.uk/ Tip update BUY WCC’s share price has rebounded in 2009 and it’s roughly where it was 12 months ago. Broker Evolution forecasts 2009 revenues of RMB 1.44m and nearly doubled net profits of RMB490m. Buy.

Some large trades in there today, and the time they go through and the price kind of suggests that someone is buying lumps of WCC and builing a larger holding. Looks to me like institutional buying is going on, and who can blame them. If they can pick up a million of so WCC at sub 300p and wait a couple of years, they should be looking at quite spectacular gains.

Up another 5% and now over 200p mid price.

http://www.investegate.co.uk/Article.aspx?id=200905051204196840R AGM result out, interesting........ RNS Number : 6840R West China Cement Limited 05 May 2009 Result of Annual General Meeting The Company is pleased to announce that all resolutions proposed at its Annual General Meeting, held earlier today, were duly passed by shareholders. Brett Miller, Non-Executive Director, made the following remarks in response to a shareholder enquiry: 'Whilst AIM has served West China Cement very well, the Directors believe that a move to the Hong Kong Stock Exchange or London Stock Exchange Full List might be a natural progression for the Company. At the appropriate time, the Board will need to consider the merits, implications and timing of such a listing in detail. However, the Company's main focus at present is the operations of the business and managing the Company's growth, particularly in light of the recent announcement to build two new cement plants in the South West Shaanxi province.' Enquiries: Brett Miller, West China Cement Limited Tel: +44 20 7584 3663 Christopher Caldwell or Emma Brewer, NCB Stockbro kers Ltd Tel: + 44 20 7071 5200

More good news for WCC and the like as "cement stocks" were strong in Asian trading past few days on news of potential for yet more increased demand. http://www.forbes.com/feeds/afx/2009/04/30/afx6358749.html Thomson Reuters China stocks rise 0.8 pct; property, cement strong 04.30.09, 01:04 AM EDT SHANGHAI, April 30 (Reuters) - Chinese stocks rose 0.83 percent on Friday, with property and cement shares strong after a cut in capital requirements for investment projects while Shanghai-based firms ga.................

This comment from Hoodless Brenan in their end of week small cap summary. Personally I am buying more WCC as to me thats more undervalued now that CHNS, but anyway, I was into CHNS at 113p so plenty in the bag from earlier. http://www.hoodlessbrennan.com/ China Shoto (CHNS, 179.5p, £41.9m) Final results to December 2008 for this Chinese producer of batteries and power supplies saw revenues increase to £183m (£107.5m), pre-tax profits rise to £10.07m (£5.62m) and EPS increase to 43.14p (24.45p) – very slightly short of the broker forecast of £10.5m pre-tax profits. DPS is 5p per share. As China’s largest back-up battery producer the company looks forward to 2009 with optimism, noting the boost to its local market place by the award of 3G mobile phone licenses. Forecasts are for £11.5m pre-tax and EPS of 43.5p with a held dividend, putting the company on a prospective PER of just 4.1 times – too cheap for such a well established business. BUY up to 270p level.

Quite stunning when you compare peers on other markets. I notice that there is a sell note out on "Anhui Conch" who are a cement producer in Anhui. The note says the PER of times 21 is too high, and a new targer price of PER times 17 of current year forecast. LOL. Put WCC on current year forecast of 17 times and you get 17 x 1190p (yes near 12 pounds). Do that again next year and you get 17 times 1785p (year near 18 pounds). Now its never going to achieve that kind of rating on the AIM market, but they are looking to dual list as part of their loan deal announced last year. Given the outlook, the peer group ratings on other markets and the liklihood of a dual listing then WCC certainly should fall into most peoples "put some in the bottom drawer" and keep for a couple of years kind of investment. Not that many potential multibaggers out there, especially ones presently on a PER of less than times 3 and one that is profitable and expanding, now, through the use of internally generated cash.

Be careful with this one, the China Petrochemcial sector is still in trouble, see the link below. If you are looking for Chinese companies who will benefit from the Stilumus, look to WCC and also CHNS is my view. http://www.chinabidding.com/news.jhtml?method=detail&channelId=277&docId=3449489 Profits of China's Major Oil Companies Rise as Demand Recovers www.chinaview.cn Apr 25,2009 China's top five oil companies saw profits up 13.2 percent in March from the same period a year ago, as stimulus package pushed up energy demand, according to a report released by the China Petroleum and Chemical Industry Association (CPCIA). Their March profits rose 160 percent from February to 28.25 billion yuan (4.15 billion U.S. dollars), according to the report released on Thursday. The "top five" includes China National Petroleum Corporation, China Petroleum and Chemical Corporation, China National Offshore Oil Corp, Sinochem Corporation, and Shaanxi Yanchang Petroleum (Group) Co. Ltd. The negative impacts of the global financial crisis on China's petrochemical sector was deepening, but the month-on-month figure showed signs of recovering as prices of some petrochemical products began to stabilize, said the report. Analysts said the profit increase was due to the government decision to raise the prices of oil products. PetroChina's president Zhou Jiping said last month that the price rise would add 1.26 billion yuan of profits for the company eve

Fundamentals and forecasts for WCC : http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?ac=&csi=201989&username= .

On the up again today, its difficult to get your head around it, when you see over 100p of earnings forecast for next year, but thats what it is. Times 6 = 600p. Many other cement stocks in Asia are presently on times 20 or more. Not worth thinking about, getting to times 6 is already presently considerable upside.

Another benefit for WCC now, as investement goes, is that it is past the 100 million pounds market cap level. As is known, recently all stocks under 100m were classed as "micro-cap" by many hedge funds, which will make them "untouchable" to those funds however WCC has crossed that point, and with such outstanding potential is surely going to be of interest to many a hedge fund manager looking for a stock with very high growth potential, but one that is also liquid and above a market cap barrier of 100m and also has the enviable position of having the next few years of their growth pretty much lined up and in the bag already with the effects of the China Domestic Stimulus package.

Hi, sorry, not aware of any other than the majors, like Alcatel Lucent etc.... My list of companies with exposure to the Chinese Domestic Stimulus package is just CHNS and WCC....... for now.

Put this on a PER of times 5 and you get over double the current share price. My kind of stock, and should rerate into yet more good news coming.