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China Precision Steel Inc fka CPSL RSS Feed

Followers
21
Posters
81
Posts (Today)
0
Posts (Total)
382
Created
02/03/07
Type
Free
Moderators

 

 

Business Outlook

China Precision Steel has begun the construction of its third cold rolling mill and expects the mill to begin production in June 2009. The new mill is designed to process steel with a width up to 1450 mm and will be a tandem mill with best-in-class gauge control and shape performance capable of producing high quality steel for exposed and unexposed products. The Company expects to make an additional investment of $900,000 to complete the mill. The addition of the third mill is expected to enhance the Company's market position by increasing production design capacity by 33%, once fully operational, and broaden the Company's product line offerings.

"We believe that the mid- to long-term market opportunity for our precision products remains attractive and have therefore, stayed on schedule with the construction of our third mill. Moreover, we have strengthened our balance sheet by reducing accounts receivables and current liabilities which contributed to the Company generating over $8 million in cash during the first six months of fiscal 2009," Dr. Li commented. "While we expect that the impact of the global economic slowdown will persist for the foreseeable future, we continue to negotiate new contracts and believe we are well positioned to expand our market penetration over the next several years."

 

 

 

CPSL : NASDAQ
Industry: Personal Products

HOLDINGS SUMMARY

Shareholders

Top Shareholders

Large Block Owners 145
Total Number of Shares Held 12.6M
% Change in Ownership -1%
% Shares Owned 27%
 
Monthly Rotation Number
of Shares
Value of
Change (MM)
% of Shrs.
Outstanding
Buyers 1/16/09 2,090,766 $7.47 18.5%
Sellers 1/16/09 11,422,656 $49.22 33.4%
 
 
Institutions:
50 Holders
$20,953,039 Value
13.6% Owned of O/S
Mutual Funds:
45 Holders
$2,055,210 Value
1.4% Owned of O/S
Other Major Holders:
50 Holders
$20,953,039 Value
13.6% Owned of O/S
Institutions
50 Holders
Mutual Funds
45 Holders
Other Major Holders
50 Holders
 

SHAREHOLDERS CONCENTRATION

37.4% 13.5% 0.2%

Top Institutional Holders

Concentration of Current % Held
Top 10 Institutions: Ownership by top 10 institutions Top 20 Institutions: Ownership by top 20 institutions Top 50 Institutions: Ownership by top 50 institutions All: Ownership by all institutions
Low
Avg. Turnover Rating
Li (Wo Hing)
15.3M
$67,383,164 +65% 33.0%
Low
Hudson Bay ...
4.2M
$13,970,525 +18% 9.0%
High
Wan (Hung)
1.9M
$8,402,459 +8% 4.0%
Low
Barclays Global ...
566.9K
$1,887,644 +2% 1.2%
Low
Goldman Sachs & ...
279.3K
$929,942 +1% 0.6%
Moderate
Li (Leada Tak Tai)
200.0K
$878,000 +1% 0.4%
--
State Street ...
172.9K
$575,814 +1% 0.4%
Low
Northern Trust ...
90.1K
$300,140 0% 0.2%
Low
Credit Suisse ...
89.0K
$296,360 0% 0.2%
Moderate
Allianz Global ...
87.5K
$291,528 0% 0.2%
Low

Top Mutual Fund Holders

Percentage of Outstanding Shares per Holdings Style
 
Index 1.0%
Yield 0.0%
GARP 0.0%
Growth 0.0%
 
Moderate
Avg. Turnover Rating
iShares Russell ...
281.0K
$935,587 +1% 0.6%
Index
iShares Russell ...
120.9K
$402,540 +1% 0.3%
Index
CREF Stock Account
26.9K
$89,490 0% 0.1%
Index
AIG Retirement ...
14.5K
$72,150 0% 0.0%
Index
CREF Equity ...
12.1K
$40,453 0% 0.0%
Index
Pacific Select ...
11.6K
$38,628 0% 0.0%
Index
BlackRock Small ...
7.1K
$23,643 0% 0.0%
Index
DWS VIP Small ...
7.0K
$23,310 0% 0.0%
Index
Gartmore Small ...
6.5K
$29,510 0% 0.0%
GARP
Northern Small ...
6.2K
$20,646 0% 0.0%
Index

 

 

Board Info
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0
Posts (Total)
382
Posters
81
Moderators
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