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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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West China Cement

July 2010

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • WCC
  • Price:
  • 543p
West China has surprisingly delayed its proposed listing on Hong Kong until the second half of the year, citing adverse market conditions. However, it has also released some more upbeat news, including contract wins to supply seven out of the ten sections of the Xi'an - Ankang double-track railway, worth around 1.35m tonnes cement. Against this background it has decided to proceed with the construction of the two planned cement plants that had been at the planning stage at the time of the annual report. These include Pucheng line 2 (with a capacity of 1.1m tonnes), which should be completed by the second half of this year and the Xixiang Plant (also ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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