> don't worry about me, I've loaded up alright... I'm beginning to worry
> though. Seriously, oil hitting $70 and this thing continues to
> drop...I had the average below $2 but I added recently at $2.3x
> thinking it just couldn't possibly go lower with all the alt energy
> stocks soaring nowadays.. go figure. If it keeps going like that I may
> yet find myself with a net loss on this stock. well, all that's left
> is to hope for the best, GLTA.

> I think the stock continues to drop because the Fujian plant is
> offline.  Every day that plant is offline, Gushan loses potential
> earnings.  Plus, of course, China hasn't raised the price ceiling on
> biodiesel enough, which on the one hand makes it more competitive with
> raw product diesel, but on the other hand denies Gushan the
> opportunity to maximise the profit it could take.

> On Jun 16, 5:46 pm, yonil <silvatar_fl...@yahoo.com> wrote:

> > don't worry about me, I've loaded up alright... I'm beginning to worry
> > though. Seriously, oil hitting $70 and this thing continues to
> > drop...I had the average below $2 but I added recently at $2.3x
> > thinking it just couldn't possibly go lower with all the alt energy
> > stocks soaring nowadays.. go figure. If it keeps going like that I may
> > yet find myself with a net loss on this stock. well, all that's left
> > is to hope for the best, GLTA.- Hide quoted text -

> - Show quoted text -

> don't worry about me, I've loaded up alright... I'm beginning to worry
> though. Seriously, oil hitting $70 and this thing continues to
> drop...I had the average below $2 but I added recently at $2.3x
> thinking it just couldn't possibly go lower with all the alt energy
> stocks soaring nowadays.. go figure. If it keeps going like that I may
> yet find myself with a net loss on this stock. well, all that's left
> is to hope for the best, GLTA.

> this is just one of their 5 production plants, there might be some
> business impact but I don't think this will be anything major, GU is
> supplying their current customers from other plant sites, and that
> actually should help reduce their overall operation cost - with the
> economy like this, I don't think GU is operating at even 70% total
> capacity currently. If China raises their diesel price by another 5 or
> 10% or gives biodiesel a special break, that will definitely get GU
> moving. In addition, I think GU is trying to get some tax deal with
> the local Fujian government, since that plant is still fairly new, and
> often there are local special tax breaks available. I bet they got 3-
> year tax-free (which is very typical in China for new investment) when
> they first started that plant in 2006 and now it is time to find way
> to continue that tax benefit, (and often they can, depending on their
> local government relation). Otherwise, GU should stop production at
> other sites as well, since the consumption tax was from the central
> government and should apply to products from all 5 sites.

> Anyway, I feel right now is a good opportunity to buy dip, though
> there is chance that GU might go to $1, (just like S&P may retest the
> March low), I'm buying GU for long term anyway, oil eventually will
> return to >80$ within 12 months, and GU should be > $4.5 at that time.
> 12 months with 100% return, I'll be very happy. :)

> On Jun 16, 10:04 pm, Wolf <ccspagn...@hotmail.com> wrote:

> > I think the stock continues to drop because the Fujian plant is
> > offline.  Every day that plant is offline, Gushan loses potential
> > earnings.  Plus, of course, China hasn't raised the price ceiling on
> > biodiesel enough, which on the one hand makes it more competitive with
> > raw product diesel, but on the other hand denies Gushan the
> > opportunity to maximise the profit it could take.

> > On Jun 16, 5:46 pm, yonil <silvatar_fl...@yahoo.com> wrote:

> > > don't worry about me, I've loaded up alright... I'm beginning to worry
> > > though. Seriously, oil hitting $70 and this thing continues to
> > > drop...I had the average below $2 but I added recently at $2.3x
> > > thinking it just couldn't possibly go lower with all the alt energy
> > > stocks soaring nowadays.. go figure. If it keeps going like that I may
> > > yet find myself with a net loss on this stock. well, all that's left
> > > is to hope for the best, GLTA.- Hide quoted text -

> > - Show quoted text -- Hide quoted text -

> - Show quoted text -

> I'm long in this stock - and in the long run, optimistic that the
> consumption tax will be ruled inappicable to biodiesel products - so I
> don't want to cool any enthusiasm, but there are a few points here
> that need clarifying.  First, whether Gushan got a three-year tax
> break from Fujian Province or not is irrelevant to the current issue,
> as far as I know, since the consumption tax is imposed by the central
> Chinese government and I doubt Fujian has unilateral authority to
> waive it.  The issue came up not because a three-year tax deal ended,
> but - according to the news releases - because of new regulations
> issued at the beginning of 2009 which appeared to make the consumption
> tax applicable to biodiesel products.

> Second, the consumption tax arguably does apply to Gushan's other
> plants.  For whatever reason, the local governments of the provinces
> in which those plants are located have not attempted to collect from
> Gushan to date.  The press release Gushan issued does indicate that if
> the consumption tax is levied against biodiesel products, it could
> impact all of Gushan's plants.

> Third, the Gushan plant may be only one of five, but the press release
> indicated that it represents about 29% of Gushan's production
> capacity.  It would be hard to view this as likely to have only a
> minor impact on their business while the situation is in place.

> All that aside, you make some good points, Gofigure.  In the current
> economy and with the surplus of oil stocks, the company probably is
> not running at full production anyways, which will help ameliorate the
> loss of earnings while at the same time the company is minimizing
> operational costs by keeping the plant idle.  Oil should resume its
> upward march at some point although it may be after a good lull due to
> the surpluses and reduced usage.  It is highly unlikely that China's
> government will effectively kill the nation's biodiesel industry with
> this consumption tax issue - they'll either "clarify" the tax is
> inapplicable, or the price ceiling on biodiesel will be raised to
> compensate.  (And it should be raised soon anyway!)  Furthermore, the
> company has a great balance sheet, and has been well-run enough to
> survive a literal tide of exceptional and unfortunate setbacks,
> including the huge economic downturn; the interference of the Beijing
> Olympics; and now this consumption tax issue.  That means the
> fundamentals are in place, and unless lightning is just going to keep
> striking Gushan, in the long run we should see a great return on our
> investments.

> I'd be curious to know if anyone out there can speak to (1) how long
> the central government is likely to take to address the consumption
> tax issue and (2) how often the price-setting body revisits price
> ceilings.

> On Jun 20, 12:24 am, Gofigure <wangxi...@gmail.com> wrote:

> > this is just one of their 5 production plants, there might be some
> > business impact but I don't think this will be anything major, GU is
> > supplying their current customers from other plant sites, and that
> > actually should help reduce their overall operation cost - with the
> > economy like this, I don't think GU is operating at even 70% total
> > capacity currently. If China raises their diesel price by another 5 or
> > 10% or gives biodiesel a special break, that will definitely get GU
> > moving. In addition, I think GU is trying to get some tax deal with
> > the local Fujian government, since that plant is still fairly new, and
> > often there are local special tax breaks available. I bet they got 3-
> > year tax-free (which is very typical in China for new investment) when
> > they first started that plant in 2006 and now it is time to find way
> > to continue that tax benefit, (and often they can, depending on their
> > local government relation). Otherwise, GU should stop production at
> > other sites as well, since the consumption tax was from the central
> > government and should apply to products from all 5 sites.

> > Anyway, I feel right now is a good opportunity to buy dip, though
> > there is chance that GU might go to $1, (just like S&P may retest the
> > March low), I'm buying GU for long term anyway, oil eventually will
> > return to >80$ within 12 months, and GU should be > $4.5 at that time.
> > 12 months with 100% return, I'll be very happy. :)

> > On Jun 16, 10:04 pm, Wolf <ccspagn...@hotmail.com> wrote:

> > > I think the stock continues to drop because the Fujian plant is
> > > offline.  Every day that plant is offline, Gushan loses potential
> > > earnings.  Plus, of course, China hasn't raised the price ceiling on
> > > biodiesel enough, which on the one hand makes it more competitive with
> > > raw product diesel, but on the other hand denies Gushan the
> > > opportunity to maximise the profit it could take.

> > > On Jun 16, 5:46 pm, yonil <silvatar_fl...@yahoo.com> wrote:

> > > > don't worry about me, I've loaded up alright... I'm beginning to worry
> > > > though. Seriously, oil hitting $70 and this thing continues to
> > > > drop...I had the average below $2 but I added recently at $2.3x
> > > > thinking it just couldn't possibly go lower with all the alt energy
> > > > stocks soaring nowadays.. go figure. If it keeps going like that I may
> > > > yet find myself with a net loss on this stock. well, all that's left
> > > > is to hope for the best, GLTA.- Hide quoted text -

> > > - Show quoted text -- Hide quoted text -

> > - Show quoted text -