Max Petrisek

China, Emerging Markets Have Room to Grow

Having written positively about CHNG and owned it for years certainly makes me a bit biased but not a "sucker." There are many realistic reasons for a greater use of natural gas especially in China with it's acknowledged deadly pollution problems. Sure the current economic crisis has disrupted many needed improvements to the lives of humans as staying healthy and productive. The Chinese vast population does require job growth and expansion opportunities for this vast population. These are concerns of the PRC- for their health as well as wealth of it's people. China can do well with its 8 to 10% growth, with the reasonable PRC mainly infrastructure stimulus package. PRC now being an engaging part of the world economy are starting to be pro a cleaner earth and especially a cleaner China. China is able to be take more forward looking than the USA as buying up energy sources worldwide. Even corruption within their system will be gradually improved as the visibility of the marginal situations pressures the leaders to innovate more quickly. These hard working people deserve better and the younger generation is demanding this. The younger thinkers are becoming a greater part of the leadership thus the power of the PRC is slowly changing for the better. So these matters play into CHNG's investment strategy- into a greener China through natural gas and CNG motor vehicles and NG service for users. The growth of motor vehicles, with more hybrid and CNG, highways, NG pipelines & LNG terminals. The demand for a better more Western life style is a perpetual fast movement that can't be stopped and should not. CHNG top notch management is aware of these movements and is positioning itself to be part of the more desirable growth of China. Management is expanding it's territory which means exclusive rights, it has keen PRC awareness and now slightly more cooperation. Smart business decisions will continue to bode well as this little company doubles in size every few years. There as always potential downers as stock dilution, need for even more financing, delays in major listing and changes in the alternate fuels dynamics from coal and oil. The progression away from oil & coal dominance will take time. In the fullness of time I believe CHNG will prosper greatly and I will continue to be a stockholder. No I do not want to move to China!