Absolutely and more positive news should flow from 2H when the new china leadership team pumps more money into energy-saving and environmental protection industry. They need to quickly address the heavy smog in all major coastal cities due to pollution quickly and Anchun has effective solution for petro-chemcial and fertilizer industries.
Price seems to have settled at around above 9 cts, after a recent run up to above 10cts with just about 2m shares. A high beta stock with uptrend bias now as it has recently established two killer products [Cold Thermal CO conversion for waste gas control and Ammonia Synthesis Reactor} which the petro-chemical and fertilizer industries strongly need.
We should see strong projects flow for next few years. Good luck!
gangho wrote: Price seems to have settled at around above 9 cts, after a recent run up to above 10cts with just about 2m shares. A high beta stock with uptrend bias now as it has recently established two killer products [Cold Thermal CO conversion for waste gas control and Ammonia Synthesis Reactor} which the petro-chemical and fertilizer industries strongly need.
We should see strong projects flow for next few years. Good luck!
When you goggle Anchun's lastest killer products: "日产千吨级新型（ⅢJD）" and "氨合成技术 高CO等温低温变换技术", they were well reported in China during Jan/Feb 13, a clear sign of strong support from China Petrochemcial Associaiton. And, price didn't dip last thu when there was heavy sell down. It seems to have built a base at around 9cts. Let's wait for 2Q report...
With severe air pollution in China, Anchun is in the right place and right time to help solving the problem. Collected a bit over last few weeks
Air pollution cuts life expectancy by 5.5 years in China - study
By Charles Riley @CRrileyCNN July 9, 2013: 5:17 AM ET
Thick clouds of smog have blanketed Chinese cities like Beijing this year.
HONG KONG (CNNMoney)
Severe pollution has slashed an average of five and half years from life expectancy in northern China, as toxic air has led to higher rates of stroke, heart disease and cancer.
These are the findings of a landmark study conducted by an international team of researchers, including academics from China's most prestigious universities, published this month in the scientific journal Proceedings of the National Academy of Sciences.
The researchers found that severe air pollution has cost the 500 million people living north of China's Huai River during the 1990s more than 2.5 billion years of aggregate life.
The study is a first attempt to quantify the health costs of air pollution in the country using data sourced from China. Previous research had relied on extrapolations from pollution levels in other countries.
Some of the world's most polluted cities are located in northern China, and residents are speaking out in greater numbers about choking air pollution, contaminated food, and water that is unsafe to drink.
