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Rames

06/02/10 6:44 PM

#42735 RE: zbuckley #42733

CSGH - thanks for sharing, Zack. Very good interview, good questions asked.

I'm glad they apparently took a cold shower and dumped that Congo mine idea for now. That was my biggest concern.

The projected growth for LIP looks very promising, and if those plans work out and prices don't collapse then we should see very good revenue growth in 2011 and 2012.

What I don't understand - did you ask him about that? - is why the company chooses to be so very quiet about their progress and generally doesn't seem to care much about communicating what's going on directly to shareholders. Apparently Mr. Fu realizes that their stock is trading at a discount, but it doesn't look like they are actively trying to change that.

Good work, I feel perfectly fine now with my CSGH position (knowing that Congo nonsense is out of the way) and as you got some quite material information I can imagine the stock price will take notice when your article is released on thestreet.com.
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KOkre

06/02/10 8:37 PM

#42739 RE: zbuckley #42733

Very good questions indeed. Nice to see someone actually asking tough questions relevant to the long term business. Straightforward topics like product quality and competitors is probably more important than any any other factor in these types of technology/growth companies.
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realfast95

06/02/10 9:45 PM

#42740 RE: zbuckley #42733

CSGH - Thanks for the link and article.

However, to me, it looks like they answered this question backwards. "What do you think of BYD? NEWN?" They should be getting into automobile batteries like BYD (1211.HK), And they shouldn't be in NEWN's market. It's news to me if NEWN is making raw materials. I was hoping they would be a NEWN supplier.
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zenvesting

06/02/10 11:41 PM

#42742 RE: zbuckley #42733

CSGH: Thanks for sharing your interview here with us, it's great to have an actual interview transcript with them, I just I would have seen a request for questions from longs before the interview.....as you're doing with CCGY now.

For instance, longs are a bit frustrated that CSGH didn't follow-up on this PR from October 2009 about an electric vehicle joint venture and 21 customers testing their LIP materials.....and the answer they provided in your interview about BYD and NEWN only makes it more ambiguous to me if they are executing this LOI or not:

CSGH PR from 10/27/2009:
China Sun Group High-Tech Co. Signs LOI to Jointly Produce Finished Li-Ion Batteries for Electric Vehicles:
http://ih.advfn.com/p.php?pid=nmona&cb=1263519564&article=40078838&symbol=NB%5ECSGH

The companies are now demonstrating a prototype battery to electric vehicle manufacturers to facilitate sales of finished li-ion products. In addition, China Sun Group has 21 customers undergoing technical testing of its new li-ion product.

I'm long on this company and your interviews have helped convince me there's something real here, but I just wish someone could help them understand the need to follow-up on those kind of statements.....and the distrust that is created when these kind of things are said and not followed-up on.

But thanks again for sharing your interview, it's great information.