Replies to post #755 on China Clean Energy Inc. (CCGY)

[GorillaGorilla]

CCGY - Q1 was adversely affected by the non-cash charges, imaginary for all rational purposes, remove them and they made 3 cents Q1. The rest of the quarters have benefited from the new plants running capacity up.

I was expecting 20 cents of adjusted net income for the year. I think that would be fine. Especially if they can keep the cash flow.

rich

[Florinda]

Maxluke1,

I'm not proficient at working out the numbers so hopefully someone who is will respond. But yes, with the new plant up and running, they were supposed to increase their capacity I think it was five fold. Originally guys were thinking the stock might hit $2 by the end of the year. But that was a long time ago and seems pretty unlikely with the shares at .84. But this ones been a sleeper and the volume is picking up in anticipation of the huge increase in business they should be doing. But, obviously, these are generalizations. So hopefully someone more adept at crunching the numbers will speak up.

Good luck. I'm glad I still have a nearly full position.

Steve