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Re: IndoInvest post# 72

Wednesday, 06/15/2011 9:16:19 PM

Wednesday, June 15, 2011 9:16:19 PM

Post# of 93
The company lacks sponsorship for it's stocks thus the lack of interest from investors. Global Hunters I believe is the sole sale side firm that covers CIWT. However as you already point out, it has hired a reputable law firm to explore the uplisting possibilities. This is still a couple of years away IMHO.

I believe the company's mgt is currently focusing on the various expansion projects, such as Dagushan. once completed, the company will enjoy an economy of scale and profits will improve significantly.

The challenges for the company is to manage the expansion in a way that does not strain its resources. The company although dependent on bank loans, generate enough operating revenues to supplement the funding of these expansion.

So if the company executes on its expansion projects, which they seem to be doing, case in point the Dalian Zhuorui project, it should on it's way to years of steadily growing revenues and profits.