China Advanced Constr Matls Group Inc (CADC)

[tbirdman]

China puts railways and houses at heart of new stimulus measures

China's leaders have unveiled a mini-stimulus aimed at shoring up sputtering growth in the world's second largest economy.

Under the measures announced by Premier Li Keqiang, small businesses will get bigger tax breaks, social housing will be built to replace shantytowns and railway construction will be sped up.

http://www.theguardian.com/world/2014/apr/03/china-railways-new-economic-stimulus-measures

Low carbon concrete

http://www.theclimategroup.org/what-we-do/news-and-blogs/chinese-concrete-industry-meets-to-decide-new-low-carbon-standards/

Market cap is just over $7M while book value is over $30/share.
Late 2011, going private offer (now cancelled) was (R/S adjusted) $31.80.

Turnaround prospects:
q1 eps $(3.92) (loss)
q2 eps $(3.83) (loss)
q3 eps guidance $(1.35) to $(2.02) (loss)
FY2014 guidance : (6.05) to $(10.09)

So extremely possible the company swings to profitability in Q4 and possibly even Q3 if things turn around quicker (new contracts, increased collection of receivables). With the O/S a mere 1.49M (750k float) the numbers shift quickly. New contract pr or the company farts and this thing moves a few bucks imo. Keep on the radar with China construction stimulus..

Company website http://www.china-acm.com/