GREY:SXRZF - Post by User
Comment by
howdy1on Apr 06, 2011 7:10pm
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Post# 18396151
RE: RE: No New Nuclear Plants - China Power New En
RE: RE: No New Nuclear Plants - China Power New EnNo new Nuclear Plants by this company. This is indeed a scary headline.
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The loss of this potential titan in the industry has got to hurt. Let's look at who they are
https://www.cpne.com.hk/corporate_profile_en.asp.
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The part that says, "The principal activity of the Company is investment holding. The subsidiaries of the Company are principally engaged in the business of property investment and development, bakery and food, general trading, consultancy and the power generating business" in paragraph 2 really tells it all but read on. lol
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Then let's look at this company's market cap: https://www.bloomberg.com/apps/quote?ticker=735:HK. That's right, a 5.2 billion dollar company--HK dollars that is. Or about a 1 billion dollar(Canadian) company.
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That this is trumpeted as news not only makes me laugh, it makes me feel even more bullish.