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$CMCI: 10-Q
http://biz.yahoo.com/e/150218/cmci10-q.html
$CMCI: Form NT 10-K: Annual Report Will Be Submitted Late
http://ih.advfn.com/p.php?pid=nmona&article=63850462
Nathan: It's about time, eh? I've been holding this stock for over 3 years and it's finally moving. I don't know why (it's hard to tell why with these Chinese companies), but I sense that the next earnings report will be very positive; also I think that the insiders (trustees perhaps) of the company are buying shares.
I'm not big "investigator", but do you have any idea when their next earnings will be reported?
It appears that China stocks may now be returning to a more popular state. Especially the ones that have " real" potential for profit! Such as STV which is in the news this morning.
This stock , CMCI seems to hold a nice potential profit growth as well. And it is profitable right now. Just needs to get better awareness in the market it seems.
This stock is extremely undervalued and is getting NO attention. Probably one of the best undervalued penny stocks out there!
Technically, CMCI is upgraded to a buy with the 0.5490 target price in six months.
Check here:
'http://www.allotcbb.com/quote.php?symbol=cmci'
China Modern Releases Net Income Guidance
China Modern Releases Net Income Guidance of $5 Million or $0.10 EPS for the First Quarter of the Fiscal Year 2013
HARBIN, CHINA--(Marketwire - Oct 29, 2012) - China Modern Agricultural Information Inc. ("the Company", "China Modern") CMCI, a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk and the sale of organic fertilizer, today announced net income guidance of $ 5 million or earnings per share of $0.10 based on 53.1 million fully diluted shares outstanding for the 2013 fiscal first quarter ending September 30, 2012.
The Projected Earnings of the First Quarter of 2013 Fiscal year
The projected revenue for the three months ended September 30, 2012 is expected to be $10.9 million, an increase of 119% compared with $4.98 million for the same period of last year. The revenue is primarily generated from the sales of natural milk and natural milk sales commission from farmers to which China Modern sold cows. The revenue from natural milk selling and the sales commission from farmers are forecasted to be $7.7 million and $3.3 million, respectively. The gross profit is projected to be increased by $3.7 million or 110% to approximate $7.0 million. The projected net income is $5 million, an increase of about $2.4 million or 93%, compared to the same period of last year. The projected net profit margin will be increased to 46%.
Cautionary Statement Regarding Forward Looking Information
Certain statements in this release concerning our future growth prospects are forward-looking statements, within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the success of our investments, risks and uncertainties regarding fluctuations in earnings, our ability to sustain our previous levels of profitability including on account of our ability to manage growth, intense competition, wage increases in China, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, our ability to successfully complete and integrate potential acquisitions, withdrawal of governmental fiscal incentives, political instability and regional conflicts and legal restrictions on raising capital or acquiring companies outside China. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings including our 8K/A dated March 31, 2011, and other recent filings. These filings are available at http://www.sec.gov/.
Contact Information
Company Contact:
Wang Youliang
CEO
Email Contact
For SmallCapVoice.com
Stuart T. Smith
512-267-2430
Email Contact
www.SmallCapVoice.com
And now they have an E when is this thing going up ?
China Modern Agricultural Information Generates $1.59 Million in Revenue From Order of 3,500 Tons of Raw Milk
9:03a ET September 8, 2011 (Market Wire) China Modern Agricultural Information Inc. ("the Company") (OTCQB: CMCI) (PINKSHEETS: CMCI), a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk and the sale of organic fertilizer, today announced that it has received a 3,500 ton order for raw milk from Qiqihar Heshan Dairy Co., Ltd, a producer of fresh raw milk with annual capacity of 50,000 tons. Based on the raw milk market price of $0.45 per kilogram, the total value of the order is approximately $1.59 million.
Mr. Youliang Wang, Chief Executive Officer of China Modern Agricultural Information, commented, "We are very pleased to enter into an agreement with our new customer and partner Qiqihar Heshan Dairy, a well known and respected producer of dairy products in China. With annual capacity of 50,000 tons, we expect this agreement to be only the beginning of a long term working relationship. This order further increases our market share in the raw milk production market and shows our ability to obtain new customers in the rapidly expanding Chinese agriculture sector. We look forward to establishing similar relationships with new customers in the near future as we work towards increasing our revenue base."
About China Modern Agricultural Information China Modern Agricultural Information, Inc. is a high-tech livestock company specializing in the breeding of cows and calves, the production and sale of milk, the sale of organic fertilizer, as well as the promotion of agricultural information. For more information please visit www.hljzhongxian.com/zx/eng_zx.
It could be time, great entry point
wow cmci almost at the 52 week low! Major bounce alert
I got that mailer also, easily swings into dollar land.
$CMCI
High Projection $ 13.50 I wish
Emerging China $Tock$ sent out a "GOT MILK" paper promo flier. Just got one in my mailbox. And they ask you to send in $299 for a 12 mo subscription to their promo letter. So, who's selling?
News today more milk
This is an excellent entry point. This easily shoots up in to dollar land. .7-1.40, No brainer. Long, mid or even swing trade.
By EOY, CMCI is projected to be trading anywhere from $6-12/per share
$CMCI
Haha, yeah that's what I'm thinking. This co uses to much promo, got a mailer stating by the end of the year CMCI will be trading anywhere from $6.50 to $14. Dont see how
So what happened yesterday? Did everyone use the sell on news theory and the price dropped?
Haha wrong board, should check which ticker I was posting on. Yeah I got alerted on this one back in April. I dont like this play, to much promo. Disregard my pervious post.
I just received a mailer on this stock today probably gonna move soon.
Down spike, might be worth jumping in soon.
Does look interesting. Have to catch up in here tonight after work
This one should pick up some traffic this week, I'd keep it on watch.
I bought 15k shares Friday at $1.30, my goal is $1.60 or so... depending on how it continues.
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