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Monday, April 13, 2009

China Essense long 15c, target 18c

laggard considering their rally came only in April, therefore likely to play catch up assuming no negative issues affecting the company.

China continuously stimulating their credit environment to help ease firms with upcoming loan obligations like China essense.

CEO bought 2.2m shares @ around 11c recently, providing some support to share price.

Westcomb target 25c
Daiwa target 23c

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