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hkl
This was asked in 2010:
Q8: How has current weather conditions China impacted China Essence's potato production?
China Essence potato production sites, which are located in Heilongjiang and Inner Mongolia, have not been affected by the floods that plagued certain parts of China in July. This is because Heilongjiang is mostly flatland and hence, heavy rainfall does minimal harm to the fields. Being headquartered in Heilongjiang also has its strategic advantages in that the fertile black soils of the Province enable the production of premium potatoes, which in turn ensures the high quality of the Company's products.
As pointed by by Muicwhiz, "When in doubt, avoid."
Posts: 480
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hkl
This was asked in 2010:
Q8: How has current weather conditions China impacted China Essence's potato production?
China Essence potato production sites, which are located in Heilongjiang and Inner Mongolia, have not been affected by the floods that plagued certain parts of China in July. This is because Heilongjiang is mostly flatland and hence, heavy rainfall does minimal harm to the fields. Being headquartered in Heilongjiang also has its strategic advantages in that the fertile black soils of the Province enable the production of premium potatoes, which in turn ensures the high quality of the Company's products.
As pointed by by Muicwhiz, "When in doubt, avoid."
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Joint venture announcement on modified starch should be on the way soon, given that quite some time has passed since the company last mentioned about this during the results briefing last year...
With the additional cash injection from the interested party, essence position should be shored up
If the party is a foreign company, all the more better
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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Dear guys
See your sight further and be more strategic and you will be handsomely rewarded...
Getting loans in China now is not easy...the fact that Essence managed to secure loans after loans from local chinese banks say a lot about their relationship with Chinese govts
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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21-03-2012, 01:12 PM
(This post was last modified: 21-03-2012, 01:14 PM by Curiousparty.)
E-Green Global listed China Essence under its network of partners...
What is the implication? Upstream integration to eliminate raw material risk?
E.G.G specializes in mass production of virus and diseases free seed potatoes and cultivation of micro tubers.
http://eggtuber.com/bbs/board.php?bo_table=sub05_01
Signing of MOU between Essence and E.G.G in the presence of many high level Chinese govt officials, dated Nov 2011....
http://eggtuber.com/bbs/board.php?bo_tab...01&wr_id=5
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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China Essence is not for the faint-hearted definitely..
High Risk and High Return
(13-03-2012, 03:33 PM)Musicwhiz Wrote: I have a very simple rule which I live by when it comes to investing - When in doubt, avoid. 
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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Q4 results will be bloodbath too....So full year result is going to be probably more than RMB 200mil loss...How is this company going to survive?
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do you think China Essence will face a cashflow crunch?
[I am not here to promote any stocks. Please always do your own research before embarking on any investment decision. I will not be liable for any of your own decisions. Your use of any information or materials is entirely at your own risk. It is your responsibility to ensure that any products, services or information meet your specific requirements. I do not produce material which meets the objectives of any specific financial and risk profile of investors.]
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