News Focus
News Focus
icon url

northenlightsk05

01/09/11 1:47 PM

#1846 RE: germoney2 #1845

CSGJ plans funds their production expansion through bank loans instead of equity financing. So there will be not dilution if they can get bank loans.b See the link:http://finance.yahoo.com/news/China-Shuangji-Cement-Ltd-prnews-2907441450.html?x=0&.v=1

Another very positive news is that cement price was up a lot (40-100%. I think that the market has realized that, Their earning projections were issued in fall before the increase in cement price. I think that they can easily make $5 million net earing in Q4 alone based on price increase.

CRJI earing will be out in 2 weeks, which give good indication for CSGJ.