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Longwei Petroleum Investment Holding Limited Message Board

  • bonalcharles bonalcharles Dec 5, 2012 12:46 PM Flag

    Next revenue info release for November?

    Revenue announcement for November will be interesting because it will take into account a full month of revenue and expenses from the new facility and the reflection on the Chinese economic conditions are affectubg the other two facilities, how much of an increase or decrease in revenue at these two older facilities will be reported. How much of the ramp up has taken place at the new facility? In my opinion this will be the next prime mover for this stock.
    As per LPH relationship with Red Chip it appears it is still on as LPH will present at 10:30 AM tomorrow. This according to Red Chip's presenter list for the conference dated DEC 5th and DEC 6th.
    It appears we are seeing a new base developing here, profit taking and accumulation. Hard to say who is accumulating at this time but if it is a large institution we will know soon enough. All this is preparing for the next leg up.

    Sentiment: Strong Buy

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    • I agree. I think one full month of Huajie sales and continued strong YoY sales uptick in Taiyuan and Gujiao sales will make for a big YoY increase on sales for November. As I recall, last time they came out with preliminary figures inside of two weeks of month end.

      Sentiment: Strong Buy

 
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