CCLTF - Email from IR.
Adam;
I am working on providing sales breakdown and will let you know when i have it. Management does not expect to be affected by current measures... at this point. As governments move to create affordable homes, China Ceramics expects to benefit...
regards,
Ed Job, CFA
Cel: +(86) 1381-699-7314
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So the way I read it is: management believes the company's sales will not be affected by the tightening that has already taken place, but the ramifications of any further policy initiatives is an unknown. And the governments affordable home program will take a while to implement, but once it does China Ceramics will be supplying tile for those homes..
-Adam
"Impatience is the companion of the doubting mind" Unknown
