Shares & Derivatives
C&G Industrial Holdings: Cash for real?
By Investment Moats  •  March 16, 2008
By: Drizzt Background C&G Industrial Holdings Limited (CG Tech) manufactures and distributes key components for the textile industry in the People’s Republic of China. Its products include polyethylene terephthalate Green-Fad-and-the-Economy Nov-07 (PET) chips, yarn products and polyester short fiber (PSF). Its PET chips are fiber-grade PET chips. As of December 31, 2006, CG Tech manufactures alkali-soluble PET chips, high-shrinkage PET chips, dye-absorbing PET chips, yarn products and combed yarn. The construction of production facilities for combed yarn, with an annual capacity of 6,000 tons was completed in April 2006. Its yarn products include pure polyester spun yarn, cotton and polyester blended yarn, viscose yarn, flame-retardant yarn and breathable yarn. During the year ended December 31, 2006, the Company’s yarn production amounted to 9,750 tons. The Company’s major customers are mainly chemical fiber and textile manufacturers based in the Fujian, Guandong and Zhejiang provinces in the People Republic of China. Read more...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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