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Renhe Commerical Holdings Company Limited changed to China Dili Group
https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes
What? No bids, no trades, no volume on a premier Chinese commercial land holdings and underground shopping shopping mall builder. Did somebody pizz in the hoissssssen sauce? Something smells fishy on an active Monday in world markets. All IMHO.
"DIME, Dime, one thin dime today!"
Got me a piece of the unique Chinese underground commercial real estate market.
End of the year. Hope next year will be better and we soooooon see a two-bit price per share on this recovering Chinese enterprise. Hoohah! All IMHO.
"Hey, we've got a nickel, nickel, nickel."
On our way to a quarter!
Gotta have some piece of the China growth potential. All IMHO.
Hopeful 12.7% pop showing up on chart. Wonder why.
Maybe business is picking up in the underground retail space in cold Northern Xian. All IMHO.
Chinamen using offshore financial fronts to make funny business, eh. If this XXIst Century is going to be The Chinese Century, looks like it will be a corrupt, crooked one if Renhe is the paradigm.
Thanks for posting Ripley's Believe-It-or-Not take on our wREN HEn investment.
Insider stuff using British Virgin Islands for a Cayman Island registered company indicates potential Chinese con game. All IMHO.
Anyone else curious on what happened to this company, read the following report (big time scam):
http://www.invest-door.com/downloads/Renhe_RipleyCap_21Feb2012.pdf
WHAT storm?
Smokeless tobacco storm coming up in late 2012/early 2013?
Surely youse jest. All IMHO.
Hey, Vinny:
Smokeless tobacco youse say?
Will that be popular in the Land of the Chicoms, too, and get sold in those multitudinous underground shopping centers that our wReN HEn Facilities that our favorite company in the Middle Kingdom is building?
This investment turned into a big money-losing bust for me. All IMHO.
This Chicom building company is rather quiet. Stock is trading slow and steady, but at much lower levels than was anticipated.
When will our dear Renhe comrades reward us for our investment, our patience, and our dreams of participating in Chicom mass consumerism? TIA.
Looks like a long, long time. All IMHO.
Knee-eeh-how!
Anybody know how the underground mall building cum air-raid shelters in going in Xian? I believe I recently heard that one such major urban project in Peking has been put on hold. Won't you please inform us about the magnificent progress being made by Renhe Commercial Holdings that will make us all RICH, Rich, rich! We are anxiously waiting as investors. All IMHO.
Sheh-sheh.
Going into the New Year, we reflect that RNHEF was a loser in 2010. How could all the analysts and touts have been so wrong?
Maybe the Chicoms sabotaged us!
Some of us will stay as stuck bagholders. Others will take their losses and write them off on their taxes.
Have ALL of US paid tuition to learn to stay away from Chinese stocks domesticated in the Cayman Islands? Anybody know if the Cayman Islands has anything analagous to the US SEC?
Investing in emerging markets always carries a risk, but when the risk may be compounded by financial manipulation, the honest speculator is at a disadvantage.
Did anyone see the equivalents of: Press releases, 10ks, a 10Q, or news from RHNEF or its controllers to inform shareholders throughout 2010 what was really going on? Methinks we have been had. All IMHO.
Very little volume on this highly-recommended stock. Whatsamatta here, anyway?
Methinks we should of held out for yesterday and speculated on Oh U Cutey and Ding-dang-dong, the two (2) Chicom IPOs that skyrocketed yesterday and did fine today, too.
Keep the faith, comrades. The wREN HEn Fan will fly again, sometime.....All IMHO.
ALL Chicom stocks are not doing so good, eh!
When do we get to watch this Cayman Island stock soar, my wReN HEn Fans? TIA.
DECLARATION: It wasn't me!
OK, so who painted the tape late today for the little Wren Hens? TIA.
Has anyone attempted to test the null hypothesis that there is NO correlation between what happens to this corporation's share price in Hong Kong immediately affects the share price in New York? TIA.
Still holding steady!
When is our quant specialist going to perform a regressive analysis on trading of our RNHEF on the Hong Kong Exchange as curve-fitting with the next day's sales in the USA? TIA.
Good early morning, wReN HEn Fans!
When the stock market opens in New York, perhaps you might want to consider your investment portfolio and think about diversification abroad. Let's make a case for China:
1. Over the last eighteen (18) centuries, for FIFTEEN (15) of those periods the Chinese economy was the dominant economy of the world. Europe came up first; then, and since 1870 (the End of The War of the Sothron Rebellion, mainly), the United States of America has become the economic engine of the world.
2. As early as 2030 (or possibly sooner), a reawakened China will claim its rightful place once again.
3. The Chinese population is the largest in the world; in urban centers, the Chicoms are relaxing their one-child-per-family policy; so, the Chinese population will soon grow to over 1.5billion people. And it is a population that is getting a little better off, financially, too.
4. At this posting, approximately 30% of the Chinese economy is domestically, consumer-based. Contrast that data with the fact that in the USA, almost 70% of our economy is domestically consumer-driven. That comparison suggests that the upwardly mobile, growing expectations, getting a little discretionary income Chinaman is going to spend money on himself and his family buying Chinese products in Chinese stores.
5. My research indicates that the Chinese economy is expected to grow and expand, encompassing more and more consumers, as far into the future as one can see at a rate between 8 - 10%. US GDP for 2010 - 2011 is forecast at 2 - 3%.
So does it make any sense to do some deep due diligence and discover investments in China? That decision is up to you!
Just because I decided to make a heavy wager on the eventual success of the RNHEF construction and real estate play is not to try to convince you to look here. Frankly, it took me five (5) years to find RNHEF and to convince myself that this might turn out to be a good investment. Undoubtedly I overlooked and missed many other opportunities. Maybe you should learn a few Chinese phrases, take a trip to China, and see for yourselves! All IMHO.
And to which storm are you referring?
A predicted construction bubble bursting in the Land of the Chicoms?
Or something else?
Please share your insights with us. And don't forget to give us the vector direction of which way the share price will go during and after the alleged coming storm.
quiet here. calm before the storm
Closed UP with very light volume today. Real quiet with this investment, folks.
Vito "Numbers" Genovese and I together could have made this USA "F-category" market on March 30th of 2010. All IMHO.
Any "wReN HEn Fans roosting here but not bold enough to keyboard a "peep" once in awhile?
Just returned from a nice, restful vacation in Paradise. Papayas still grow and ripen in the Hawaiian sunshine!
i wish i could break dance. just keepin the faith. we turning bullish again? my call of .245? sweet!
vincrest out
At or around noontime in NYC, the stock is trading slightly higher. While it did get above the $00.241 mark, it didn't stay there. I will continue to wish for postively dramatic wonderful news and financial beams from our favorite tangential Chinese consumer discretionary spending sector stock.
Keep vibrating or break-dancing of whatever you do to make it go UP!
.245-.25 tomorrow! now thats over a penny! no parkinson's here. be nice lol. vincrest outttttt
OK: But it will have to reach at least $00.241 to be up an entire penny!
Not much US action, Vinny. Only 35k shares traded; some $8 Grand changed hands? FWIW.
Keep paying attention to those vibes! But if they really grab you, maybe you are afflicted with Parkinson's disease and those vibes got nuttin to do with some Chinese free enterprise underground mall building in ChicomLand. All IMHO.
Come on now, all of you wReN HEn Fans---wish a little harder to make the share price go UP!
hello amigo. tomorrow were over .24! have a good night.
vincrest outtttttt
Always the cheerleader, eh Vinny "Numbers" Genovese.
Vibes? Is that like a migraine? Doesn't sound like deep due diligence. Bullishness based upon vibes may beat sound fundamental financial research and insightful technical analysis, but not very often. All IMHO.
Switched off of Vancouver Olympic coverage on NBC of the gold medal hockey game with the Canucks leading 2 - 1 to catch some:
NBA Basketball,
College Basketball, and
NASCAR racing at Las Vegas.
To all of our wREn HEn Fans: Maybe March will be better than the first two (2) months of the year in The Peoples' Republic of China!
pure vibes right now. im always bullish here lol. great usa vs canada game right now.
GO USA!!!
GO RNHEF!
Aside from your unfailing intuition, would you please provide those of us who are mere mortals what will be the CATALYST to start the run towards thirty (30) cents.
Mahalo~!
think we might be ready for another run test to .30 in the upcoming weeks. gather all your underground mall friends.
Are the Chinese New Year holiday celebrations coming to an end soon?
Look at the volume for our favorite Chinese underground mall builder today. Vinny and I could have made the entire American market out of our checkbook accounts! All IMHO.
Wake me up, my wReN HEn Fans when the good times roll!
Remember, The Anointed One just hosted the Dali Lama and sold the Kuomintang Remnant Military Force currently fortressed on Formosa/Taiwan some $6,000,000,000.00 in arms. Certainly those two (2) acts should have stimulated the Chicoms to aggressively dig new air raid shelters cum underground malls in Foochow City in Fukien Province! Guess who is most likely to pick up those lucrative no-bid contracts? Our GREAT management team at Renhe Commercial Holdings, dats who dat! All IMHO.
Tonight my wife and I hosted the inventor of securitized mortage loans. He started it back in the 1980s as the President of a bank.
He made lots of money, but a heart attack from the stress almost did him in, so he retired. He informed us that he only did whole mortgage loans, not slices; he had documentation and histories on each and every loan. He bundled them by locales. Before he did the deal, his counter-parties were all lined up and the standards were assured and guaranteed.
This most knowledgeable and estimable fellow told us that it was the subprime loans, the nInJA loans, the garbage that destroyed the game. They killed a golden goose by doing away with solid underwriting and corrupted the system. The eventual collapse was foreordained in 2004.
And the follow-up:
What the Wizards of Wall Street did by securitizing residential mortgage loans, they are now doing with Life Insurance policies!
Just in case you haven't figured out why the US economy collapsed and the credit markets crashed, allow me to provide some insights and lay the blame. This dissertation is a result of my ruminating over the latest World Economic Forum meeting in Davos when only ONE (1) panelist dared to hint at the truth.
Either they don't get it, or they don't want to tell accurate reality.
The mess is related to what the Wizards of Wall Street do best:Innovate and Create financial instruments which nobody comprehends, but which they can manipulate for their own profits. The class of these financial instruments is known as DERIVATIVES. At Davos, only the Chinaman from the Chicom financial world was even willing to surface the magnitude of the problem which still exists.
He offered data suggesting that the entire global GDP is leveraged by derivatives at about 16:1. He understated the genuine situation. There is approximately ONE QUADRILLION US$ in derivatives floating around. If you add up the total global GDP, you will find that it is around One Hundred Trillion USD. The entire global valuation has been cut and diced and sold as pure speculation on the come. And nothing has been done about this practice!
Want to look at one horrible example? Reference Goldman Sachs' wizardry. Citation: GSAMP-300 of 2006. They bundled subprime residential housing mortgages with subprime second mortages. The cut up the offering into three (3) tranches and sold their handiwork all around the world. One of the reasons that they could peddle this crap which was most probably based upon nInJA loans with little, if any, documentation was that the rating agencies rated this crap AAA. By the way, you do know how the rating agencies receive their monies for doing the rating and who pays those fees, don't you?
When the American housing bubble burst, the wallpaper collapsed. Two (2) of the cited Golden Slacks tranches of the issue have lost 90% of their value and the third one has been marked to market at a huge loss, too.
Unless the hedgies and the Wizards of Wall Street have their enthusiasm curbed, they will continue to create derivatives and continue to leverage the world economy beyond any reasonable limits.
In my humble opinion, the game has to be stopped. Only actual end users of commodities should be able to engage in futures trading and must take deliveries. The Wall Street wizards are creating illusions out of whole cloth for their own profits and passing fees to all of the accomplices. The American taxpayer in on the hook for hundreds of billions of bux just to AIG because they were able to build a casino on top of a regulated insurance business.
Our financial mess stems in part from innovation and creation that has little basis in reality added and abetted by white collar criminals who sold the mortgages, arranged the creative financing, and packaged and bundled the mortage-back securities which were sold globally. We are the bagholders. Nothing is being done to change the system.
Systemic risk is what is being wrought. Systemic failure is still a scary possibility. But the Wizards received huge bonuses for screwing the honest men and women. Something is rotten in America! All IMHO.
very happy the saints won! new orleans needed a boost! the dorito commericals were hilarious. i also liked the house made of bud lights. i also like rnhef as you know already lol. this bear market is quite depressing though. gl
Who dat? Who dat that think they can beat them Saints?
Enjoyed the Super Bowl game; did NOT see any commercial that turned me on this year, although the Snickers candy puton about old people who were hungry was unique. Thought the Doritos ad with Jalen snacking the corn-rowed ghetto-headed punk in the face and warning him to keep his hands off his momma and his Doritos was insightful, but a sad commentary on single moms in the black community; Jalen displayed protective instincts as a child, but the message was that young black boys without a daddy don't get to enjoy carefree childhoods. All IMHO.
Saints win was as good as Renhe getting a contract to build a new air raid shelter/underground mall in Fukien!
Come on, all you wReN HEn Fans, how about a great big celebratory cheer: Let the Good Times Roll in Nawlins!
im still full of all the enthusiasm!!! lets see if we get another up day tonight in hk. as for the superbowl, i could care less because my jets are out lol. enjoy the game and the commericals.
Permit me to remind you, Vinny Botsy, that the Chicoms call the tune. The underground malls are but the decorative and utilitarian touch to the primary mission which is air raid shelter! "He who pays the piper calls the tune."
Yep, this is a long term pure China play.
Please don't let your enthusiasm wax and wane just because the share price is down a few pennies. Super Bowl is coming this week and you need to energize for that event! All IMHO.
As I have no horse in the field in South Florida, all I want is an entertaining football game and a couple of commercials on televison to spice up the sports talk for a couple days after the Aints play the (Baltimore) now-Indianapolis sneak-away Ponies.
chinese govt killed the momentum of this stock. like i said a million times, this is a long term play for me. means nothing now!
Orf-fully quiet on this message board, eh?
Price of the shares fluctuate in a narrow declining trend.
Get with it, my wReN HEn Fans!
tomorrow we see new highs again. currently up .13 in hk with 72mil vol!
G'day, my fellow wReN HEn Fans!
After digesting both reports and data, I have come away with some sparklers for all to consider, to wit
At the beginning of this decade, our Chicom friends have set a high goal of moving from imitation to INNOVATION.
That translates, "Well we had our Open House which were the Summer Olympic Games of 2008. People from everywhere came. We were good hosts, but we did win several Gold Medals, too. Now we don't have to follow, but we can get ahead of the world."
From Gold Medals to scientific, economic, and theoretic achievements signified by Nobel Prizes. The Twenty-First Century will be The Chinese Century. All IMHO.
And what does the trend show? The construction industry is right up front with a 20% growth curve going forward. And which Chinese unique construction company has three (3) decades of achievement in a niche property/real estate sector? TIA.
currently up .08 in hk to $2.02 with 48mil vol in first hour!!!
nice close at .27 guys! see if we can break over $2 on hk tonight.
i agree 100%. this is not a for flipping. im holding for years!
i personally purchased thru etrade on the pink exchange not hk. cant speak for anyone else.
good morning lycus. we had 148mil in hk last night and the high was $2! it closed up .10 at $1.98! looks like the ask is now .27 like i said. best of luck!
Any idea if RCH settles their business at a foreign bank or a US bank?
Thanks for the advice, cheerleader.
It appears to me that the trading activity in Hong Kong is the dominant driver and determines what will happen the next trading day in the USA. If that is the case, you trade in the USA in this equity as a passive investor. The share price will be range-bound on a daily basis; no place for penny flippers or day-traders. Does that comport with your discoveries? TIA.
Love to get more sleep. But old men with BHP get up during the night to answer the call of nature. Catch power naps when I can, though.
Have a great day!
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Chinese commercial real estate company.
Trades on the Hong Kong Exchange as 01387.
Unique business model: Develops underground shopping malls. Leases spaces to free enterprise merchants. Analysts who follow this investment project that the company has opportunities and commitments that stretch into larger and larger projects for the next fifteen (15) years.
Approved for trading in the United States in December of 2009.
DISCLAIMER: Board monitor is fully-invested in this company.
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