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Looks good!
FFF,when will this "R/S and toxic financing" happen?
<sounds link another R/S and some toxic financing coming>
being you are "always right", I didn't feel the need to say "anticipate".
<Investment Philosophy: I am always right; eventually you find
out.>
GOOD LUCK
CLOSING BELL! Lets have that 10KSB Ken Yeung!
3 MMs on the BID @ 0.0003 on low volume..
FFF, I would bever make fun of your speling!(LOL)
Hey, that 0.0010 is my opinion and more realistic than your R/S opinion.
INBG looking good!
Looks like the 10K is not going to be released today.
FFF,you have that link for
"Sounds link another R/S and some toxic financing coming"
LOL!
0.0005 NEXT!
If this 10K has anything positive, no one will be getting in under 0.0010 IMO.
Good morning all. "10K filing" or "late filing" needs to be done by end of day tomorrow.
INBG- Volume coming in...20,555,000. All Buys.
Thanks FFF! LOL
Do you have a link for that FFF?
<Sounds link another R/S and some toxic financing coming>
Good luck
10 KSB due soon.
24,520,000 volume
Volume coming in. 12,520,004.
They're better off at "Glove box" Inc.
I wish it was the 30th! or maybe not depending on what the 10QSB shows! LOL
Taz, My mistake. 10QSB due out by March 31st.(Next Tuesday)
And what news is supposed to be out today may I ask?
<seems no confidence in the news that is supposed to be out today>
Question- Are company 10-KSB filings dues out about now, if no then when?
TIA
CHINA DAILY > Business
Cement firms pin hopes on reconstruction
Hard-pressed by fierce competition from hundreds of small producers in central China and the prosperous coastal regions, several large cement makers are investing heavily in the western region in anticipation of strong demand arising from the government-led reconstruction of the areas stricken by the earthquake on May 12, 2008.
Shenzhen-listed Tangshan Jidong Cement said it has invested in two new production facilities in Southwest China's Chongqing municipality, while Hubei-based Huaxin Cement Co said last week it plans to raise 4 billion yuan through a private placement of shares to fund its capacity expansion in Southwest China
The Anhui-based Conch Cement, China's largest cement maker, said in a filing to the Shanghai Stock Exchange that it is investing 1.2 billion yuan of the capital it raised to support its expansion in Southwest China.
The collective investments in the western region are apparently based on the projected increase in demand for construction materials, particularly cement, for rebuilding of infrastructure and houses destroyed by the quake.
The government estimated that at least 1.26 million rural houses and 312,500 urban houses will need to be built in Sichuan province and another 1.41 million units to be reinforced. What's more, a total of 9,145 schools will have to be rebuilt in the quake area.
The province has begun construction of 681 infrastructure projects and more are expected to start in the next few months.
Chinese Premier Wen Jiabao said in his annual government work report to the legislators earlier this month that one quarter of the government's 4-trillion-yuan economic stimulus will be spent on the reconstruction of the quake-hit Sichuan province in western China in the next two years.
Wei Hong, vice-governor of Sichuan province, said at a press conference this month that his province needs 1.7 trillion yuan for the reconstruction, with 72 percent of the reconstruction work expected to be finished within the year.
"Cement makers are now betting on the western market for further development, as competition is already intensifying in the eastern market," said Chen Bailin, deputy general manager, Digital Cement, a consulting firm under China Cement Association.
The National Bureau of Statistics said the country produced 159 million tons of cement in the first two months of this year, up 17.03 percent year-on-year.
During the same period, investment in the industry grew 87.63 percent from a year earlier to 8.87 billion yuan, according to statistics from Digital Cement.
In the past few months, the government economic stimulus package has spurred a construction boom, as reflected by the year-on-year 26.5 percent increase in urban fixed asset investment to 1.027 trillion yuan in the first two months of this year.
However, Han Qincheng, analyst, Guotai Junan Securities, said in a report that it would be more credible to judge the trend based on figures of March and April, as the industry had ground to a halt in the first two months of last year.
Cement prices have been tumbling in the first two months, with prices in Hangzhou dropping as much as 11.11 percent year-on-year.
Analysts believe that the price reduction came after small cement plants flooded the market with low-quality cement products. Production at the 261 major cement makers climbed only 5.3 percent to 44.24 million tons in the first two months, far below the country's average growth rate, according to BMI, a website under China Building Materials Federation.
But with the construction of major infrastructure projects going ahead, high-quality cement would be in demand with prices expected to remain steady later, said Wang Xiaoliang, analyst, Digital Cement.
http://www.chinadaily.com.cn/cndy/2009-03/19/content_7593369.htm
This is getting very interesting.8 trading days to go.
Yes, several coming up to 0.0002 on the bid side.
Gedi, 3,000,000 share BUY went though?
A 444 share trade for .04 cents!
Monday, March 30th.
No it's not. My mistake.10K due out no later than Monday, March 13th. Only two weeks away before Yeung HAS to file what is or isn't going on.
Looks like all BUYS @ the ask.
OT:Sandstorm hits Riyadh of Saudi Arabia. The pic looks like a tidal wave of sand.
Macao to finance 10 reconstruction projects in Sichuan
<Macao to finance 10 reconstruction projects in SichuanMacao Special Administrative Region (SAR) Tuesday signed an agreement with China's quake-hit Sichuan province, which will see the SAR finance 10 reconstruction projects in Guangyuan city, Sichuan, according to a press release from the SAR government.
Related readings:
World Bank to help rebuild Sichuan
Capital injection for Sichuan power grid 'not enough'
The 10 projects include the rebuilding of roads, bridges, river embankment, and sewage treatment works, etc in Guangyuan city, for which the SAR government will allocate 687 million yuan ($102 million), according to the press release.
The agreement was signed in Sichuan's capital Chengdu by Chui Sai On, the SAR's secretary for social affairs and culture, and representative of the Sichuan provincial government.
The 8.0-magnitude quake centered in Sichuan's Wenchuan County, which took place on May 12 last year, left more than 69,000 people dead, 374,000 injured, 18,000 missing and millions homeless, according to official statistics.
The government of Macao SAR has already signed a general agreement with the Sichuan provincial government, under which the SAR will finance the reconstruction projects in the quake-stricken province located in south western China. According to the agreement, Macao SAR will spend an amount of 5.5 billion patacas ($688 million) funding the rebuilding projects in some counties of Sichuan.
The SAR government has already initiated the financing of seven reconstruction projects in Guanyuan last year, and, with the agreement to finance the above 10 projects signed, a total of 17 Macao-financed rebuilding projects in Guangyuan was launched so far, according to the press release.
After completing the financial arrange of the 17 projects, the SAR government said it will continue to assess another 19 rebuilding projects mainly of education and sports facilities.>
http://www.chinadaily.com.cn/bizchina/2009-03/04/content_7535034.htm
$19b more for quake-hit Sichuan
<$19b more for quake-hit SichuanThe central government will spend an additional 130 billion yuan (US$19 billion) to reconstruct quake-ravaged areas in Sichuan province, Premier Wen Jiabao said yesterday.
"The restoration and reconstruction of rural houses in the quake zone will be accelerated to ensure that all affected people move into their new houses by the end of this year," Wen said in his government report at the opening ceremony of the second session of the 11th National People's Congress.
He added that the government will speed up the reconstruction of schools, too. "More than 95 percent of the students will be studying in permanent school buildings by the end of this year," he said.
Full coverage:
NPC and CPPCC 2009
Related readings:
Macao to finance 10 projects in quake-hit province
$19 billion more for quake-hit Sichuan
Quake relief day proposed to mark May 12 quake
Quake museum to open in SW China on anniversary
After last year's May 12 earthquake, which killed nearly 70,000 people in Wenchuan county, Sichuan province, the central government allocated 70 billion yuan to set up the post-quake restoration and reconstruction fund.
The investment went in reconstructing rural houses, schools, hospitals, government offices, institutions, roads, water reservoirs etc, said Xie Xuren, the minister of finance.
After the premier announced the government's plan to pump in more money for post-quake reconstruction projects, Sichuan's deputies to the current NPC session said they were confident all rural houses destroyed in the quake will be reconstructed soon.
"At the end of last year, more than 560,000 rural houses were rebuilt. We will finish reconstructing the remaining houses by September," said Governor Jiang Jufeng.
More than 1 million houses in the southwest China province were destroyed in the magnitude-8 earthquake that left more than 5 million people homeless.
The province will offer subsidies, loans and technical guidance to the farmers, and ensure the supply of quality construction material, the governor said.
Also, on the provincial government's agenda for this year is the reconstruction of 2,811 schools and 1,167 hospitals, before the end of this year, said Liu Jie, chief of the provincial development and reform commission.
Last year, Sichuan kicked off more than 8,400 reconstruction projects, while more than 97 percent of its quake-affected industrial enterprises resumed production, he said.
The province will start reconstructing its roads, finish repairing more than 1,000 reservoirs, and complete reconstruction of sapling bases with an area of 7,600 hectares in 2009, Jiang said.
By the end of 2010, Sichuan would have invested 1.7 trillion yuan in post-quake reconstruction, he said.
Besides rebuilding quake-ravaged areas, the hefty investment aims to boost the province's economy in the face of the global financial crisis, the governor said.
Copyright By chinadaily.com.cn. All rights reserved>
http://www.chinadaily.com.cn/china/2009-03/06/content_7543688.htm
Yes, FFF, Undervalued.
That's his opinion.Right or wrong, everyone is entitled to one, or as someone recently well stated in response to you:
<look man, not that its any of your business>
http://investorshub.advfn.com/boards/replies.aspx?msg=36034929
46 Million shares in two days and we stay the same!
WOW! 28 Million shares already!
10K due out in a week. To no ones surprise, most people know there is no revenues on it from 2008, so the audit update is what will determine if we fold or move ahead as a company.
Good to see you are hanging around also waiting for things to happen FFF.