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Weichai Power Co. Ltd Message Board

rbtsherman 761 posts  |  Last Activity: Apr 15, 2015 9:07 AM Member since: Aug 3, 2009
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  • Reply to

    STUPID PEOPLE ARE LONG RIGHT NOW!

    by sauble.beach Apr 7, 2015 2:38 PM
    rbtsherman rbtsherman Apr 15, 2015 9:07 AM Flag

    glade to see a fair response from soar
    Posting an honest look
    Rbts, I am not saying there isn't currently a difference between power and gge on long heavy haulers at up 20% more in mpg. However, there is much more on the environmental side of that scope. The lighter duty haulers using 9 ltr draw a much closer comparison in mpg ratio. Recent development in diesel has added better emissions. Costs of tanks for ngv are reducing ing costs dailey and technology will change power structure in ngv giving more or closer rate of distance traveled comparison. I feel we need both on the American landscape. It's all about the balance in market and overall environmental responsibilit

  • Reply to

    STUPID PEOPLE ARE LONG RIGHT NOW!

    by sauble.beach Apr 7, 2015 2:38 PM
    rbtsherman rbtsherman Apr 15, 2015 8:30 AM Flag

    I have said for 8 years not to buy the stock
    I did say a week ago that i would not but it might be a good gamble,1 st time ever
    They have delivered ng
    Huge number of stations
    not huge debt compared to that number
    mainly just contracts on those stations
    If you believe oil going back up to $80 to $100 and staying there
    Than clne is a possibility of being a good stock and is not over ed priced at oil at that price
    We are seeing a short squeeze right now
    I have always said I would not short this stock ever
    Too many shares shorted

  • rbtsherman rbtsherman Apr 14, 2015 9:47 AM Flag

    any one can write an article
    And say what they want
    Just saying
    The more you fabricate the better the article might bring traffic
    Sites want traffic
    And most sites do not care about whether its accurate
    just traffic

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 14, 2015 9:39 AM Flag

    a simple look
    when it start started it paid 50 cents a gallon for ng
    now say $2to $2.50
    So when it started the profit was rolling in and it grew 25% a year
    profits ended

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 14, 2015 9:36 AM Flag

    it also has a good amount in phase 2 and 3
    none performing assets
    worth zero if you are not going to do phase 2 and 3
    Take a 100 to 300 million to finish phase 2 and 3

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 14, 2015 9:14 AM Flag

    of coarse you buy the stock thinking you might get many dollars per share and can wait years

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 14, 2015 9:12 AM Flag

    the development bank in China helps in getting loans and such
    The development bank stopped helping chng
    I di not now why
    Us law suits
    them not paying interest on loans
    China wants the assets in Chinas control
    China wants a national to own
    In simple
    The companies its vre or vie are worth what they will sell for
    minus debt ,court fees
    suits and such
    You think its worth so much ,buy the stock
    some assets like investing in the big city are down the drain as they did not get the contract for the city

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 14, 2015 9:04 AM Flag

    i will try to go over.Its possible i have vre or vie wrong
    As I have said befor
    At a sale,Its worth what it brings at a sale
    At a sale its worth
    Partially by whether its brings in good money
    A return on investment
    It has not
    The Chinese government has set its profit very low
    This of coarse is an opinion and you can have yours
    Yes they spent that amount of money
    The plant about 8years old
    Newer plants may be more efficient and as any thing gets older its wears out
    So you would naturally put it value less
    All accounting depreciates assets ,equipment ,plants
    normal accounting
    The vres are companies that chng started to bypass chins law that a Us company can not own assets in CHina
    Chng owes about 60 million on one loan plus interest
    two law suits
    one $6 a share for so many shares
    $2 a share for the rest of shares
    I am not a professional
    I am just trying to point out some of the things you should be looking at
    Its up to you to determine what its worth as you are buying or not
    Id you where a professional
    You would 1st go to the court and look at court documents and get more accurate on what I have said
    I just tried to give a ruff idea
    I will give why i think chng got in trouble
    China did pay a lot for ng
    But it set its sale price very low compared to its cost
    All th way down the line
    importers
    pipe company
    lng plants
    distributors
    where not making enough to cover costs,including interest
    The development bank ,central bank,government and such just keep lending more to many
    China wants pipe ,plants ,stations etc
    Chng got its credit cut off at banks.new loans
    Since it started
    It was local ,a none national
    all local have had their credits cut back,local banks governments in trouble
    Chng from the start,every day
    Has never been able yto buy gas a art any thing with out paying for it up front
    When it built the plant
    No body would take am order for any thing
    Pay us and we will take the order
    It bought gas
    have money at our bank and you can pace an ord

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 14, 2015 12:14 AM Flag

    as soon as diesel got 20 % more mpg it changed a lot

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 14, 2015 12:12 AM Flag

    i have already stated my opinion
    The new diesel coming out are less polluting than ng

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 14, 2015 12:10 AM Flag

    i beat you too it
    I asked 1st

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 14, 2015 12:08 AM Flag

    boy you have to explain every thing to an english major
    the con was like what was posted above
    i am selling house with propane heat
    i say
    you can say save 50% On the fuel bill with propane vrs those old ng houses

    you leave out
    I added more insulation which reduces your fuel bill and all gas furnaces are more efficient
    Well what was posted above
    Get this new ng,bus and it will save on pollution
    Well any new buss will will save on pollution ,no matter what the fuel

    And new diesel may even save more than ng
    You have provided zero proof
    Whats the comparison of ng vrs diesel
    Our we to take you on what you right or do you have proof
    show us
    give us the comparison
    show us the facts
    You are saying they are better
    prove it
    What are the facts?
    Do you just make it up?
    Are you afraid ?
    Or are you just making it up because you have no facts
    In other words you just make it up with no checking ,no comparison
    Owe it must be better
    or at least it might be better
    welll maybe equal
    well just a little less
    Well who cares it natural gas and people will believe what ever we say
    All we have to do is keep posting it.and every one agreeing
    All with think they got to be right
    Thee is so many
    If they believe with no facts
    I should to
    Is this what English major are like?
    Who knows you may have a bunch of English major who do not know what facts means
    Its the prose that counts

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 13, 2015 6:29 PM Flag

    all equipment and plants depreciate
    They do not last fore ever
    And as plants get older they need more work
    And as all ways with every thing .new teck comes along
    Also chng picked a design plant not used by most
    I can not say whether was a good one or not bur different than most where getting

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 13, 2015 6:19 PM Flag

    Why would you post this garbage?

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 13, 2015 6:18 PM Flag

    Are people that dumb that they can not see a false misleading pr state
    ment
    Not me

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 13, 2015 6:15 PM Flag

    But does it run cleaner than present diesel
    I will use an example
    Old ng and pr0pane furnaces where 70% efficient and houses where insulated poorly
    Now both are 95% for new houses
    I could make a statement
    Buy a new house with a propane furnace and save 25% compared to old ng heated houses
    Yes more efficient houses ,better insulated and more efficient propane furnace
    But if you got a ng furnace you would save 50%
    The point is what is ng compared to diesel produced today
    Who cares about what was produced 10 to 15 years ago
    This is false pr ,nothing more
    As I said every thing is a lot better than an old diesel

  • Reply to

    Alternative Energy boom is in progress !

    by kefisher42 Apr 13, 2015 9:56 AM
    rbtsherman rbtsherman Apr 13, 2015 5:06 PM Flag

    who does not now that old diesel pollutes
    Why do you not post what new diesel trucks do and compare to new ng
    IS that not the correct comparison?
    Your comparison is worth less
    Any gasoline ,diesel,electric .propane hydrogen,and ng made today is a lot better than old diesel or old gasoline or old anything etc,

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 13, 2015 4:58 PM Flag

    many years ago
    The loan company offered to take control of one vre
    Give chng 40% of that vre
    Nothing happened
    There was nothing offered to settle amounts of law suits
    Now assets are down and more interest
    Of coarse what was offered when chng was given almost no ,little mark up in what they paid for product ans sold it for,thats why iit was in trouble
    That has improved
    So YEs chng may be worth a lot
    I now nothing
    I only post to inform on what I now
    which is little in the last few years
    Chng has not reported any thing for years

  • Reply to

    mr sherman

    by muckahoy88 Apr 13, 2015 4:00 PM
    rbtsherman rbtsherman Apr 13, 2015 4:42 PM Flag

    sorry
    The basic of it
    China does not allow US companies to own Chines ans gas assets in China
    So you set up Chinese companies that own the assets ,manage contracts and all
    Chng owns those Chinese companies
    These are Chinese companies with managers and every thing
    These manager could have clauses in their contracts if sold etc.
    You just do not now enough how they work
    Since they are Chinese companies do they fololw 100% of chng orders
    Do they check what the Chines government tells them to do
    Some of these companies are going to separate from chng
    They could fight chng in court
    This would be costly
    So both these companies and chng would like to settle out side of court
    The problem is each company is a separate company
    So as the US judge ,chng and these companies all might not agree
    On what chng ,court ,shareholders.loan company , get out of these companies
    So little can happen tell this happens
    And all of these companies have rights in Chinese courts
    Each separately if they want
    We do not now what is in their company agreements and set up and terms of ending,change in ownership
    Etc
    As I have said the us judge does not have direct control of them
    The most he can do
    order chng and chng order them
    I believe he has the power to order chng to sell their ownership in them
    But China has the right to say no to any buyer not approved by them
    This is new
    China just pasted a law giving easier for US companies to own Chinese companies and assets
    But tighten it up on oil and gas at the same time
    China must approve every thing it that field
    In Chng and its vre contracts on the loan
    It called for arbitration on the loan in China
    I have no information on that
    Will it go to arbitration and when
    The judge said I am tired of waiting
    But dealing with the above is not simple, as I have shown because he has little power in China
    So
    I now nothing
    no reports on the company for years
    And how any of the above is going

  • Reply to

    What are CHNG assets?

    by muckahoy88 Apr 13, 2015 1:56 PM
    rbtsherman rbtsherman Apr 13, 2015 3:27 PM Flag

    Whats this all about
    China wants to take over the #$%$ and out of US ownership
    As cheap as possible and in no hurry

WEICY
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