Hit a new low this week. Soon to be one of the biggest player in this sector in PRC.......unfortunately, is a S-chip....if not, it should be valued a lot more than it is currently being traded at sgx!
C&G is shaping up quickly to become a major player in the recycling business. However, investors will want to see the execution carried out well and the profits generated and cashflow coming in too before the stock price can be re-rated. Just my 2 yuan worth.
Declared dividend policy! With more power plant up and running, the revenue and profit should improve and dividend should surge over the next 3 to 4 years!
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