We don't have enough information to determine if it has a material effect or not. Cptc's Jt Venture partner was supposed to be largest power cable company in China.
I would bet money that our Jt Venture partner was planning on selling to some of these projects. If you build a new power plant or enlarge an existing one, you need more power lines to connect to the grid.
It is unlikely that China will hold up crucial projects that long. They need the Three Gorges Dam Project fully producing and sending power to the industrial East Coast. May reduce near term sales but save Jt Venture from a crash in the market if they had overbuilt as the govt seems to believe.
Waiting for significant sales or Jt Venture announcement.
Bobwins
Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.
If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
