HaiKe Chemical Group(HAIK)

Sector:

Oil & Gas Producers

Index:

FTSE AIM All-Share

Market Cap

£17.64m

Change Today

0.000p

Share Price

46.00p

HaiKe plays down takeover talk

Date: Monday 31 Mar 2008

LONDON (ShareCast) - Aim-listed chemicals group HaiKe has refuted speculation that it is bid talks, saying it not talking to anyone about a takeover.

"The board notes the recent press speculation concerning a possible takeover offer for the group and wishes to state that it is not in discussions with any party regarding a potential offer for the group," it said in a brief statement.

Reports in China over the weekend had suggested Chinese state oil firm CNOOC was looking at five refineries in eastern China for possible acquisitions, with HaiKe cited as one of the possible targets by the Economic Observer paper.

Haike's last trading update was in December when it said it had seen significantly improved performance from its petrochemical business after the Chinese government said it will increase its guideline selling price for certain refined petrochemical products from November 2007.


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HAIK Market Data

Currency UK Pounds
Share Price 46.00p  
Closing Price Change 0.000p
52 Week High 138.00
52 Week Low 43.00
Volume 5,497
Shares Issued 38.35m
Market Cap £17.64m
Beta 0.61
RiskGrade 392

Performance Indicators

Compare performance with the sector and the market.
Find out more
Key: vs Market vs Sector
Value
72.94% above the market average72.94% above the market average72.94% above the market average72.94% above the market average72.94% above the market average
77.59% above the sector average77.59% above the sector average77.59% above the sector average77.59% above the sector average77.59% above the sector average
Price Trend
22.43% below the market average22.43% below the market average22.43% below the market average22.43% below the market average22.43% below the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Income Not Available
Growth
61.26% above the market average61.26% above the market average61.26% above the market average61.26% above the market average61.26% above the market average
4.11% below the sector average4.11% below the sector average4.11% below the sector average4.11% below the sector average4.11% below the sector average
Price Chg 6m
58.14% below the market average58.14% below the market average58.14% below the market average58.14% below the market average58.14% below the market average
34.92% below the sector average34.92% below the sector average34.92% below the sector average34.92% below the sector average34.92% below the sector average
P/E
84.91% above the market average84.91% above the market average84.91% above the market average84.91% above the market average84.91% above the market average
72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average72.22% above the sector average
PEG
7.84% above the market average7.84% above the market average7.84% above the market average7.84% above the market average7.84% above the market average
28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average28.57% below the sector average
Dividend Yield Not Available
EPS Growth
27.82% below the market average27.82% below the market average27.82% below the market average27.82% below the market average27.82% below the market average
4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average4.35% below the sector average
Operating Margin
3.54% below the market average3.54% below the market average3.54% below the market average3.54% below the market average3.54% below the market average
23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average23.81% above the sector average

HAIK Dividends

No dividends found

Trades for 06-Oct-2008

Time Volume / Share Price
14:14 3,278 @ 44.64p
09:46 219 @ 44.64p
08:04 2,000 @ 44.64p

HAIK Key Personnel

CFO Johnson Lau

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