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China XLX Fertiliser Limited
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viruz7667
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24-Apr-2008 22:34
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Anybody can advise when is the EX Divvy date? Tot 24 April, today? | ||||||||||||
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ericsim
Senior |
24-Apr-2008 09:59
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come on another 3 more cents and you no longer penny stock | ||||||||||||
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ericsim
Senior |
24-Apr-2008 09:46
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Wow, very fierce leh but i like it - CHEONG AHHHHHHHHHHHHHHHHHHH |
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ericsim
Senior |
23-Apr-2008 18:00
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good 1Q result- http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_990EADAA7A198DF2482574330039CCF3/$file/XLX_resultsbriefing.pdf?openelement |
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ericsim
Senior |
23-Apr-2008 17:37
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fertiliser in extreme high demand according to report (can't remember where i read it) sold half at 0.88 (bought at 0.755 last friday - no choice today due date). so now how???? CHEONG LAH OFF COURSE. |
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ogos2992
Member |
23-Apr-2008 16:12
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ericsim, Your "kallang roar" powderful leh. someone just answered backed.Thx
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ericsim
Senior |
23-Apr-2008 16:00
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good luck for those vested.........CHEONG AHHHHHHHHHHHHHHHH.
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ogos2992
Member |
23-Apr-2008 14:54
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Hoping to see it break the .88c barrier.Cheong!!@!? | ||||||||||||
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ogos2992
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23-Apr-2008 10:27
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Bollinger Bands squeezing.Wonder which direction the $$$$ heading north/south????? Vested. |
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zhuge_liang
Supreme |
22-Apr-2008 16:18
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China XLX Fertiliser rose after Macquarie initiated coverage of the firm with an investment rating of "outperform" and a share target price of $1.10. China XLX's urea is among the most cheaply produced in China, Macquarie said in a client note, adding that urea prices are set to stay firm over the next 2 years due to a tight supply in 2008. Macquarie analysts also said China XLX stocks are trading at a deep discount and recommended investors buy the Chinese firm's shares. |
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jennlsk
Member |
22-Apr-2008 16:10
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09:25 21Apr08 RTRS-SHANGHAI STOCK INDEX <.SSEC> OPENS UP 6.8 PCT AFTER REGULATOR PLACES LIMITS ON LISTED SHARE SALES 09:43 21Apr08 RTRS-China stocks open up 6.8 pct on share sale limits SHANGHAI, April 21 (Reuters) - Chines stocks opened up 6.8 percent on Monday, with investors buying large-caps such as Sinopec <600028.SS>, as a regulatory move to limit sales of non-tradable shares gave the market a boost after lingering weakness over the past few months. The benchmark Shanghai Composite Index <.SSEC> jumped to 3,305.152 points from 3,094.668 points at the close on Friday, which was down 49 percent from its peak in mid-October. "The market staged a powerful technical rebound, with the government's market-friendly step serving as an excuse to buy after months of weakness," said Zheng Weigang, senior stock analyst at Shanghai Securities. "But we don't expect the market to go extensively into a rebound as it is still under heavy pressure from other negative factors," Zheng said, citing an expected slowdown in China's economy this year due to the U.S. credit crisis, which will also hurt corporate profits, and a continued heavy supply of new shares. The China Securities Regulatory Commission said on Sunday it had placed restrictions on the sale of listed shares freed up by the expiry of lock-up periods, which must be sold through off-market trades if they exceed 1 percent of the listed company's total shares over a one-month period. Sinopec, Asia's top refiner, rose nearly 5 percent to 10.93 yuan despite its announcement over the weekend that its first-quarter earnings would drop 50 percent due to refinery losses. The stock has plunged recently due to its weaker-than-expected 2007 earnings and worries over its profits this year. |
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aleoleo
Master |
22-Apr-2008 15:43
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Any news that going to be released by china goverment ? why china stocks sudden boost up ?? | ||||||||||||
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jennlsk
Member |
22-Apr-2008 14:41
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liveuser
Member |
22-Apr-2008 14:20
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U will see $1 soon ! | ||||||||||||
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DnApeh
Master |
22-Apr-2008 11:17
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0.80 resistance broken. | ||||||||||||
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liveuser
Member |
21-Apr-2008 20:42
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A piece of GEM :) | ||||||||||||
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stevenkoh1981
Member |
18-Apr-2008 11:18
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Vested in China XLX. Bussiness all supply in China. pls do yr own research. |
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zhuge_liang
Supreme |
18-Apr-2008 00:30
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Reuters news. Not sure how it'll affect China XLX. China slapped massive tariffs on fertiliser exports on Thu in a bid to control rapidly rising domestic agricultural costs and inflation, and above all to ensure it grows enough grain to feed its 1.3 billion people. Beijing's 100%-plus tariffs on some fertilizer exports should temper domestic costs but may drive up prices in world markets that depend on China's supplies, the latest in a series of commodities-related protectionist moves around the world that risk fuelling rather than cooling global food costs. China's anxiety is greater than most -- it is struggling to grow enough corn and wheat to feed its multiplying urban eaters, and fears higher costs of fertilizer, diesel and labour might discourage farmers from planting grains, thereby raising feed costs for meat breeders and exacerbating inflation. Inflation in China ran at 8.3% in the year through Mar, nearly double the government target for '08, supported by strong grains and meat prices. China is in the peak season for fertilizer demand, since spring planting has been under way since Mar. Even so, sharply rising international fertilizer prices have caused exports to surge, the Ministry of Finance said on Thu. "The overly fast export rise increased pressure for domestic fertilizer prices to rise, and also caused tight supply of certain fertilisers in some regions," the ministry said on its website, www.mof.gov.cn. It added that China had sufficient output of most fertilizers and could ensure domestic supply if exports were effectively controlled. The tariffs on fertilizer exports will rise by 100% points, to range from 100% to 135%, effective from Apr 20 to Sep 30. Exports of urea increased by 250% in the first 2 months from a year earlier to 1.71 million tonnes, while exports of monoammonium phosphate and diammonium phosphate rose by 280% and 130%, the ministry said. Exporters are attracted by international prices that have risen by 128% in the year through Mar, and 62% in the last quarter alone. Beijing often uses tariffs as a policy tool to dampen domestic prices, and discourage exports, of commodities ranging from metals to wheat flour. Tariffs are easier to administer than price controls or subsidies, and leave less room for corruption. Planners do not want higher food prices to trigger urban unrest, but they are also mindful that farmers are finally seeing healthier returns after years of lagging rural incomes. Keeping a lid on agricultural costs could help preserve profits in the countryside while limiting price shock in the cities. "Agricultural costs are going through the roof. Land prices, the cost of money, the relative cost of labour, fertilizer, a shortage of seeds," said Paul Schulte, of Lehman Brothers in HK. "Yet rising agricultural prices can be a windfall for those with economies of scale." Farmers have little pricing power over inputs such as fertiliser, because they usually do not negotiate for bulk purchases through rural collectives or other associations. The tariff was hiked in order to "ensure smooth spring planting and set a solid foundation for the annual grain harvest," the ministry said. As it is, China's grains production barely meets demand from an increasingly wealthy population that consumes more and more meat, instant noodles and processed foods. But planners are wary of becoming dependent on imports, since any sign of China buying on the global market could cause a spike in already record-high prices. The move to curb exports comes after Chinese importers agreed to pay triple for potash, a nutrient that boosts crop yields, while sharply reducing contracted import volumes. Shares in Sinofert, China's largest fertilizer company, dropped by 8% on Thu. The company relies on imports for nearly 2/5 of its sales. |
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ericsim
Senior |
11-Apr-2008 18:34
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no wonder still able to maintain, check this out - http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_FD86CEBB9D600E0F48257428002D008B/$file/XLX_construction3rdplant.pdf?openelement treat it as buying slightly above IPO price( 0.77) for long term...juz my 2cents...good luck |
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viruz7667
Senior |
28-Mar-2008 10:38
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sell sell sell....siao siao siao...c'mon! | ||||||||||||
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