GC China Turbine Corp. (GCHT)

[Florinda]

Hi Rich,

Thanks a lot for taking the time to respond. As usual, I found your comments helpful.

It seems we're in agreement that overall SIAF appears to be the better choice. That at least is what I read between the lines in your post. But at any event, it's the conclusion I came to a while back, and why I already have 12% of our port invested in SIAF.

Still, as you know, GCHT could prove to be a big winner. What I'm concerned about, even more so after the 10% drop today on large volume, is that even assuming it's a legitimate company, if their upcoming earnings report doesn't show enough proof of sales, the stock could drop considerably further, or simply be more or less dead in the water until another quarters earnings come out. Not the place I'd want to park our funds. And unfortunately, here at Ihub, Investorsvillage and Yahooo boards, there's not much conversation happening. Perelandra's post #261 back in late January notes that the company was "...estimating revenues and profits of $19.6 MM and $1.5MM respectively (for Q4 09). That is after ZERO revenues the previous 3 Q’s." Yet when I looked at the article from which this data was taken, those figures represent a dramatic reduction from what the company had previously guessitmated the Q4 numbers to be because they weren't able to secure financing to go forward with their plans. The original numbers they'd given were back then were "US$28.7 million and US$4.1 million".

http://finance.yahoo.com/news/GC-China-Turbine-Announces-iw-1115381518.html?x=0&.v=1

Noteably, in this same article it says they expect "to report year end results on its annual report due to be filed before March 31, 2010."

In looking over the Rodman Conference schedule, I see GCHT is supposed to present March 9th at something like 2 pm. That's about 2 hours from now, which means by the open of US markets on Tuesday their presentation will have already been made. The dramatic sell off today on big volume--relative to GCHT--just before their presentation doesn't look encouraging to me. Indeed, is smacks of info getting leaked. But maybe it's people just jumping ship due to the same fears I have about the company's short term progress not living up to their long term projections. Anyway, if you are anyone else gathers information from the Rodman Conference on GCHT I'd certainly appreciate hearing about it.

Thanks again for your thoughts on the matter, Rich.

Steve

to the lack of current day info on GCHT confeestimating that Yet it strikes me as more speculative. Indeed, I hope today's 10% drop wasn't the result of what they had to say at the Rodman conference in Beijing! I saw that they were supposed to present on Tuesday at about 2 pm, which translates to about 2 hours from nowbut I don't know how that translates intothe timeframes(The 10% drop on big volume was no funI've come tos it is, I already have 12% of our port invested in
SIAF. position in our port. Yet having a 12% position already, and thinking that things could turn out very well for GCHT if they can execute all their contracts, I was hoping to hearAs it is, I have 12% position in SIAF already, and, as this suggests, feel it has overall better prospects it has closer at hand prospects and potentially excellent long term prospects. Yet, clearly GCHTtend to think if the rumor about Belmont selling out is true that the stock will appreciate