Golden Cross
5 years ago
Huge Volume Friday! $CCCL
https://www.barchart.com/stocks/quotes/CCCL/technical-chart?plot=CANDLE&volume=total&data=DO&density=M&pricesOn=1&asPctChange=0&logscale=0&indicators=BBANDS(20,2);PTP(50);ACCUM;SMACD(12,26,9);MFI(14,100);SMA(10);SMA(50);SMA(200);SMA(20);RSI(14,100)&sym=CCCL&grid=1&height=500&studyheight=100
davidsson10
5 years ago
For those not already aware:
JINJIANG, China, Nov. 26, 2019 /PRNewswire/ -- China Ceramics Co., Ltd. (NASDAQ Capital Market: CCCL) ("China Ceramics" or the "Company"), a leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring and design in residential and commercial buildings, today announced that the Company has entered into a non-binding letter of intent with a Malaysian contractor for the Company's ceramic tiles including its new 'cooling' ceramic tiles that it introduced in August of 2019. The Malaysian contractor intends to use the Company's ceramic tile products for use in high rise apartment buildings in the third quarter of 2020.
"This is an important step to increasing our exports to Southeast Asia due to the rapid rise in construction in the region and its climate conditions which make it an ideal fit for many of our ceramic tile products. Provided that the market demand and related conditions are in place, we plan upon substantially increasing our exports to this region," said Ms. Meishuang Huang, Chief Executive Officer of China Ceramics. "China Ceramics continues to deploy innovation and competitive pricing to secure new business. We believe that our new products will help us to enter new markets and ultimately diversify our revenue stream while contributing to our future growth."
The Company's anticipated entry into Malaysia is the first step of an expansion effort into Southeast Asia that is intended to capitalize upon the increased level of the region's new building construction which is due in part to China's Belt and Road Initiative. The Company foresees this as an opportunity to utilize its currently unused production capacity as it enters a dynamic regional market with an estimated population of 660 million people. The Company's Chief Executive Officer, Ms. Huang Meishuang, will oversee the execution of this planned expansion.
The Company plans to introduce specialized products into the Southeast Asia market that are suitable for the region due its generally warm climate, including the Company's recently announced new 'cooling' ceramic tiles. This building product is a new type of exterior ceramic tile designed to cool indoor temperatures of buildings. The new cooling ceramic tile series is designed as a stone pattern with a look of natural décor and luxury with richer patterns than organic stone materials. The Company is in the final stages of testing the new product and receiving its certification.
TheFinalCD
5 years ago
announces progress in its plans...
really?
1,51 Break and we could see 1,70++
in a squeeze, yes
unfortunately, I dont think that is squeeze material
obviously the Hedgies agree, especially right before Thanks Giving short trading week
Im sure the almost 50% inside owners would agree more with you
https://finviz.com/quote.ashx?t=cccl&ty=c&ta=1&p=d
lol
hope it does what you say, just dont see it in the equation
TFMG
5 years ago
CCCL Double Bottom FOUND Momentum With Bulls
China Ceramics Co., Ltd. is a manufacturer of ceramic tiles used for exterior siding and for interior flooring, and design in residential and commercial buildings. The Company's ceramic tiles, sold under the HD or Hengda, HDL or Hengdeli, Pottery Capital of Tang Dynasty, TOERTO and WULIQIAO brands, are available in over 2,000 styles, colors and size combinations. It operates in the segment of manufacturing and sale of medium to high-end ceramic tiles. Its geographical segment is People's Republic of China ( PRC ). It has five principal product categories: porcelain tiles, glazed tiles, glazed porcelain tiles, rustic tiles and polished glazed tiles. Its ceramic tiles are used for flooring, interior walls for decorative purposes and on exterior siding. The Company's manufacturing facilities are located in Jinjiang, Fujian Province and in Gaoan, Jiangxi Province. Combined, these facilities provide an aggregate annual production capacity of approximately 70 million square meters.
196. 17K 07/15/19 SHORT INTEREST
P/E Current
-0.06
P/E Ratio (with extraordinary items)
-0.08