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Better day today-Tuesday, up 14 cents/8.14%
makita, this will turn around sometime IMO!
Just sitting in the background waiting for the next good PR. Thanks for continuing to share your DD.
no, imo heading back to low dollar, which will show as a double bottom, and chart wise we shouls get another huge bounce from there. Load the truck when it hits $1.10 or so. IMO of course, for now i keep watching as i am yet to see strong evidence of a true reversal at the current pps.
Very low Volume today but no sharp drop in PPS.
CVDT now employees 51 people. Used to have 30.
This stock does not play by the rules. It still seems highly manipulated to me, IMO!
It may take months for the PPS to recover. Time and company growth may be painfully slow for a while. I hope I'm wrong.
GLTA
if it continues this way, we will ge ta double bottom and should see a good bounce.
China embracing 'illegal' VoIP calls
High phone charges drive users to unlicensed internet calls
Simon Burns in Taipei, vnunet.com 06 Mar 2007
Almost 13 million people in China will be paying to use unlicensed local internet phone services within four years, new research predicts.
This greater than tenfold increase will come despite the services being illegal, according to analysts at In-Stat who believe that China's high phone charges are driving users to VoIP services.
Paying customers of China's unlicensed 'virtual VoIP carriers' (VVCs) will increase from an estimated 1.23 million at the end of 2006, to 12.96 million by the end of 2011, forecasts China-based In-Stat analyst Kevin Li.
The VVCs mostly provide PC-to-phone services through their own gateways which connect the internet to the phone network.
"The Ministry of Information Industry has declared that broadband IP telephony services can be provided legally only by traditional service providers," said Li in new report on China's VoIP market
"VVCs are therefore operating illegally and have little phone number resources. Most subscribers can only make outgoing calls.
"However, due to intense competition among voice service providers, and VVCs' lower price compared with traditional long-distance calling or prepaid [internet phone card] services, VVCs are having success."
Meanwhile, legal VoIP services from China's licensed telecom carriers will increase from about 720,000 now to 9.53 million by the end of 2011, In-Stat predicts.
China's mobile and fixed line telecoms business is dominated by former state-run incumbents with limited competition and significant government interference, observers say.
http://www.itweek.co.uk/articles/print/2184786
China business VoIP exchange spending to triple
Voice exchange hardware spend nearing $500m within four years, analysts say
Simon Burns in Taipei, vnunet.com 09 Nov 2006
Businesses in China will triple their spending over the next four years on hardware that saves money by routing phone calls over the internet, a new report forecasts.
China's annual corporate spending on IP private branch exchange (IP PBX) hardware will rise from $164.1m this year to $479.5m in 2010, according to analysts at research firm In-Stat.
A PBX is a computer system that acts like a switchboard to connect incoming and outgoing phone calls with dialled numbers, and to route internal calls.
A modern VoIP PBX will automatically route calls via the internet whenever possible to cut costs. The systems also provide voicemail boxes, call forwarding and many other common telephony functions.
"Business users in China are seeing VoIP as a basic function in IP PBX products," said Kevin Li, a China-based research analyst with In-Stat.
Rapid new business growth in China is expected to be a key driver as the global market for business VoIP hardware and software reaches forecast sales of $5.5bn in 2007, Juniper Research predicted earlier this year.
The global IP PBX market will represent slightly more than a quarter of that figure, at $1.6bn in 2007, with China being one of the largest single markets.
Although firms have had concerns about the safety and quality of VoIP calls, increasing experience with internet telephony has helped to shift perceptions. VoIP is now a "proven reliable technology to carrying voice over a data network ", said Li.
Larger enterprises are leading the way, with small and medium businesses lagging in enterprise-scale VoIP adoption, according to In-Stat.
http://www.itweek.co.uk/articles/print/2168303
Five Reasons China Shares Will Soar In The Years To Come
1. China is now the #1 destination for foreign investors—far surpassing the United States. Foreign direct investment in China is expected to surpass US$70 billion in 2004. Yet, in an effort to restrain uncontrolled growth, the Chinese government is restricting the types of investments that can be made there. These restrictions will redirect investments into Chinese shares—particularly those traded in Hong Kong, where there are no restrictions on share ownership as exist in China itself.
2. Increased prospects for a floating Chinese currency are fueling capital inflows. While the Hong Kong dollar and the Chinese renminbi are tied to the U.S. dollar, there is widespread expectation that Chinese authorities will eventually permit the renminbi to float in world currency markets. Due to the immense U.S. balance of trade deficit with China, a free-floating renminbi is likely to appreciate sharply against the U.S. dollar. This has led to multi-billion-dollar capital inflows into China and Chinese shares.
3. Asian markets are beginning to recover after a prolonged period of asset deflation. Hong Kong is one example of asset “reflation,” which we believe will be the key investment theme for Asian markets for the next few years.
4. Fears of economic austerity measures in China are overblown. While the efforts taken by authorities in China to reign in uncontrolled economic growth have received a great deal of negative publicity, they have produced desirable effects. Most important are the slowing investments in fixed assets such as factories and major infrastructure projects. We believe that the Chinese economy has passed its most critical moment, and thus, we think it will continue to grow at a high single digit rate every year for the next few years, perhaps until the 2008 Beijing Olympics.
5. Global markets have over-reacted to the expectation of higher U.S. interest rates. We see evidence of this in the fact that prices for bonds and interest-rate-sensitive shares are now rising after a sharp sell-off in early 2004. In addition, continued softness in the U.S. economy suggests that this round of interest rate increases will be gradual. Further, interest rates are rising from a very low base—the lowest in nearly 50 years.
http://www.escapeartist.com/efam/62/Growth_In_China.html
China VoIP & Digital Telecom Inc. Introduces Revolutionary WiFi VoIP For Cellular Devices
Cellular WiFi VoIP latest in growing list of innovative technologies to be introduced by Jinan Yinquan Technology Co. Ltd.
HENDERSON, NV, January 17, 2007 –Jinan Yinquan Technology Co., Ltd. – a wholly owned subsidiary of China VoIP and Digital Telecom Inc. (OTCBB:CVDT) – today introduced to cellular subscribers the added ability to make calls using Voice over Internet Protocol (VoIP), connecting via any available wireless fidelity (WiFi) network.
The new service will mean subscribers can save money on long distance calls using VoIP. In addition, callers using the WiFI/VoIP service will not pay roaming charges outside their home area.
“Our WiFi/VoIP cell phone supports dual SIM cards,” said Li Kunwu, President and CEO of China VoIP & Digital Telecom Inc. “One is for the VoIP number, the other is for the common GSM/CDMA cell phone network.”
In addition to savings on roaming fees, Mr. Li added, “Calls between WiFi/VoIP cell phones are free of charge. So users may save up to 80 percent on their long distance call fees while enjoying the same mobility and portability convenience of regular cell phones.”
WiFi is a short distance wireless networking technology often used in offices, cafes and homes. Its most common use is for connecting laptop computers to the Internet. VoIP is the routing of voice conversations over the Internet or through any other IP-based network. The WiFi/VoIP cell phone has a wide range of applications for business and personal use.
The new service will launch in April in Shandong Province. It leverages Jinan Yinquan’s proprietary NP Soft Switch IP telephone system. Jinan will introduce the new service first to select enterprises and government organizations. In addition, as WiFi networks expand in China, Jinan expects to roll out its WiFi/VoIP service to the rest of the country.
Jinan Yinquan currently services three provinces and 19 cities with Shandong Province its primary base of operations. Plans call for expansion throughout China.
“We want every Jinan Yinquan VoIP subscriber to understand that we will continually be adding new state-of-the-art products and services,” said Mr. Li. “Once someone becomes a subscriber, they will never need to seek out another telephone provider. Jinan Yinquan will be their one stop for all of their telecom needs, whether for business or personal use.”
Jinan Yinquan recently announced a new electronic fax system for enterprise business customers in partnership with China Tie Tong. Available across Shandong Province, the electronic fax service is an Internet-based fax solution that will enable enterprise businesses to send and receive faxes using existing email accounts. Unlike traditional faxing, electronic faxing is convenient, cost-effective, secure, integrated and automated.
China Tie Tong is one of the six largest basic telecom operators in China. The company, which has 31 provincial branches and 316 municipal branches, employs approximately 72,000 people. Its high-speed backbone optical transmission network consists of five fiber loops covering most of the cities in China’s 31 provinces and a distance of 52,000 kilometers. From 2001 to 2005 annual revenues have grown by 30 percent while fixed-line subscribers increased from 1.35 million to 16.4 million. By the end of 2005 the company had 2 million Internet subscribers and assets of 53.3 billion RMB. (For more information please visit www.chinatietong.com )
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers Voice over Internet Protocol service in the People’s Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co. Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stage of other information technology products. The Company currently has 30 employees and is located in the Shandong Province, People’s Republic of China.
More information can be found at www.chinavoip-telecom.com . In addition, information on the Company and its wholly owned subsidiary can be found in the Company’s 8K filing of November 13, 2006 on the Securities and Exchange Commission official website at www.sec.gov .
I wonder if CVDT will bring WiFi VoIP For Cellular Devices out this month?
China to top global broadband market
By Aaron Tan, ZDNet Asia
5/9/2006
URL: http://www.zdnetasia.com/news/communications/0,39044192,39418949,00.htm
Helped by a booming economy and rising incomes, China will soon become the world's biggest broadband market, according to analyst company Ovum.
China's broadband sector has been growing at a compound annual growth rate (CAGR) of 79 percent in the last three years. That growth will continue to boost the country's broadband market, which will reach 79 million subscribers next year, Ovum said in a research note Monday.
With a penetration rate of just 3.4 percent, China today still lags behind many countries in the Asia-Pacific region in terms of broadband adoption.
Hong Kong-based Ovum senior analyst Kevin Lee, said: "We believe China's broadband development will continue to benefit from a booming economy, growing incomes, expanding PC penetration and new applications such as VoIP (voice over Internet Protocol) and IPTV. The Olympics [to be held in 2008] will provide another boost."
By 2010, China's broadband will grow by a CAGR of 75 percent to reach 139 million subscribers, Ovum projected.
China Telecom and China Netcom currently dominate the Chinese broadband access services market, with a combined market share of 87 percent. The remaining pie is shared amongst other market players including China Tietong, China Unicom, as well as smaller cable operators.
According to Ovum, Digital Subscriber Line (DSL) is the fastest growing broadband access technology in China with a market share of 71 percent. As of June this year, there are 32 million DSL subscribers in the country. The second fastest growing is Ethernet-based LAN (local area network) access typically deployed in high-density areas, which has a market share of 26 percent.
"DSL technology will be the key driving force for broadband growth", Lee said. "Operators are progressively upgrading the network using higher speed technology such as ADSL2+ and VDSL (very high bit-rate DSL) to meet increasing bandwidth demands."
Cable and wireless broadband service providers, however, will make a much smaller contribution to the overall broadband access market, Lee noted.
Despite widespread cable coverage and 128 million cable TV subscribers in China, cable operators have made few inroads into the growing broadband market. Ovum attributed this bump to regulatory barriers, a fragmented ownership structure and the lack of expertise--all of which have seriously undermined cable operators' competitiveness against DSL providers.
On wireless broadband, Lee said the technology is still immature. The emergence of VoIP, however, will give operators new hope for seeing returns on their wireless LANs.
Growing IPTV deployment is also expected to fuel broadband adoption in China. China Netcom and China Telecom have rolled out extensive IPTV trials last year by collaborating with IPTV licensees Shanghai Media Group and CCTV.
Despite the rosy outlook, Ovum said uncertainties remain in the Chinese broadband market.
"China needs to restructure the telecoms industry and it needs to reform the regulatory policy for broadband and IPTV," Lee said. "The possible entry of foreign players in line with WTO (World Trade Organization) commitments could also complicate the development of the competitive situation."
http://www.zdnetasia.com/news/communications/0,39044192,39418949,00.htm
China to Beat US and Hold Number One Position in Broadband World, India Far Behind
Sep 5 2006,
China will very soon surpass US and hold the number one position in the broadband world, the analyst and consulting company Ovum claimed. While, India is far behind in the broadband race in comparison other emerging powers.
The research company says the number of broadband customers in China is increasing steadily recording 79 percent yearly. By the end of 2007, China will have more than 79 million broadband connections. It would touch nearly 130 million by 2010.
As of now, America is leading the broadband world with around 51 million broadband connections. However, China will topple the USA within a year.
Kevin Lee, a senior analyst at Ovum comments on the China’s progress,
We believe that China’s broadband development will continue to benefit from a booming economy, growing incomes, expanding PC penetration and new applications such as VoIP and IPTV. The Olympics will provide another boost.
The report says IPTV and online gaming are the major factor for the steady growth in China’s broadband market.
http://www.voipcentral.org/entry/china-to-beat-us-and-hold-number-one-position-in-broadband-world-in...
China’s booming economy is driving millions of Chinese citizens to adopt Voice over IP according Atlantic-ACM. A recent study called “The Dragon Market: VoIP in China 2007-2011” reveals that there will be some 144 million broadband subscribers in China by 2011, which will stimulate the adoption of Voice over IP technology.
Atlantic-ACM’s report projects approximately 70 million paid VoIP subscribers in China by 2011, but this figure largely depends on China easing restrictions on VoIP termination to the PSTN.
China’s eagerness to adopt and pay for IP-based services is well established. Recent reports project 10 million subscribers to internet TV services in China by 2011, way ahead of many western nations.
January 16th, 2007 | News
http://www.voip-sol.com/report-suggests-70-million-voip-subscribers-in-china-by-2011/
I'm learning, believe me, I'm learning. Patience it is.
makita, I'd like to see her run but this stock may require patience!
Absolutely! My faith has been restored. Now let's watch her run!
Hoping $2.00 range is a new base to move up from!
Makita, still room for much growth in 2007!
Very nice news about revenues...
this looks like a good play for 2007 and beyond, imo.
Loofman
gapping again this morning, should see $2.25 before a retrace.
So why was I too chicken to average down this past week?
I'm guessing some pullback tomorrow from today's climb.
Great day. Up 51 cents/34% V. high - 1,782,196
Very encouraging 2007 1st. Qtr. Up 300%!!!
looks like we got ourselves a breakout
China VoIP & Digital Telecom, Inc. Subsidiary Reports Record Revenues
Monday April 16, 9:36 am ET
Jinan Yinquan Technology Co., Ltd. 2006 Revenues Increase by 46 Percent
HENDERSON, Nev.--(BUSINESS WIRE)--Jinan Yinquan Technology Co., Ltd., a wholly owned subsidiary of China VoIP & Digital Telecom Inc. (OTCBB:CVDT - News) today reported operating results for the year ended December 31, 2006. Revenues were $1,449,969 which represents a 46 percent increase over the previous year.
The Company said it had a net loss of $530,338 compared to net income of $271,929 in 2005. The loss is attributed to a one-time, extraordinary expense of $812,000 associated with the reverse merger of the United States public entity. Additionally, the company reported $51,349 of incremental costs incurred as a public company. As of December 31, 2006, the Company reported cash reserves of approximately $1.5 million.
The Company also indicated that preliminary unaudited first quarter 2007 revenues were going to be approximately 300% higher than the same period in 2006, with an expected operational profit.
"While we are pleased with the 46 percent increase in sales because of a six-month delay in funding we have not achieved our primary business objectives during the latest fiscal period," said Li Kunwu, President and CEO of China VoIP & Digital Telecom Inc. "Additionally we incurred significant costs associated with being a public entity as well as increased marketing costs. Clearly, we are still aggressively developing our business model and implementing our plan of operations which call for the expansion of our proprietary VoIP products and leveraging our relationship with China Tie Tong. We've already seen how this has positively impacted sales in the first quarter of this year."
China Tie Tong is one of the six largest basic telecom operators in China. The company, which has 31 provincial branches and 316 municipal branches. employees approximately 72,000 people. Its high-speed backbone optical transmission network consists of five fiber loops covering most of the cities in China's 31 provinces and a distance of 52,000 kilometers. During the period of 2001 to 2005 annual revenues have grown by 30 percent while fixed-line subscribers increased from 1.35 million to 16.4 million. By the end of 2005 the company had 2 million Internet subscribers and assets of 53.3 billion RMB. (For more information go to www.chinatietong.com)
Jinan Yinquan recently announced that it was expanding it services to Shanghai and Beijing, the two largest cities in the People's Republic of China. With nearly 19 million people, Shanghai is China's largest city. Recognized as one of the country's leading communications centers, Shanghai has (according to most available statistics) more than 4.4 million Internet users. Beijing, the political center of the country, is the second largest city with a population of more than 15 million people and in excess of 4 million Internet users.
The Company's proprietary NP Soft Switch IP telephone system enables users to access Voice over the Internet Protocol (VoIP) services allowing customers to use the system to make telephone calls to anyone in the world at a much lower cost than standard telephone rates.
The Company said it currently employees 51 people.
About China VoIP & Digital Telecom Inc.
China VoIP & Digital Telecom Inc. offers Voice over the Internet Protocol service in the People's Republic of China through its wholly owned subsidiary Jinan Yinquan Technology Co. Ltd. Through Jinan Yinquan, China VoIP is well positioned to take full advantage of the tremendous economic growth currently being experienced in China. The Company is currently marketing its NP Soft Switch system in China and is currently in the testing stage of other Information Technology products. The Company currently has 51 employees and is located in the Shandong Province, People's Republic of China.
More information can be found at www.chinavoip-telecom.com.
Thanks for the feedback. I am finding patience is not one of my better strengths, but with these stocks I sure need to get better at it. Still love the potential of this company and I am anxious for the big breakout that should occur in the near future. The product is needed and will sell itself to an enormous consumer base in time.
Number of VoIP users shoots up
As the number of VoIP users soars, the market income of VoIP equipment will triple from 2004 to 2010, iSuppli predicted.
By the year 2010, the global number of civilian VoIP users will reach 197.2 million, about 40 times that of the 4.8 million in 2004. By 2010, income in wire VoIP equipment will reach 24.5 billion dollars, three times more than the 8.04 billion dollars in 2004. By 2005, the income figure will reach 12.9 billion dollars, 60 percent higher than that of 2004.
Civilian sector is currently the fastest-growing part in the whole VoIP equipment market. By 2010, market income from this section will hit 10.6 billion dollars, 650 percent higher than the 1.4 billion dollars in 2004.
In the coming few years, iSuppli predicted, Japan, the United States and Canada will dominate the civilian VoIP market. Fixed-line user number of these three regions takes 83 percent of VoIP total, and would still take 56.4 percent by the year 2010.
By People's Daily Online
yea,i don't think they will need anymore financing from here,IMO....
bullonly, Yes the Share Structure O/S - 51,758,000 and Public float - 10,008,000 is encouraging.
If at some point in the future another round of financing is initiated for this company - this could change. I hope not though.
2007 IMO should be a very good year, full of expansion and growth for CVDT. Especailly the partnership with "China Tie Tong"; this partnership has incredible potential!
from my experience all stocks are manipulated from one point or another,whether it be a group,MM,Brokers,CEO's etc...i do agree it has some wild swings but i also feel the O/S,float, isnt quite as large as listed,ie,some larger holders not selling whether the are company officials or who i don't know. I have done quite a bit of DD on them and am comfortable buying them here at this price...i traded them back in 3-5 range before but sold..
bullonly, possible could run hard (I doubt it though) but the PPS has been very inconsistent and some one or some group behind the scenes has been manipulating the share price BIG TIME IMO.
Honestly, if you look at the chart and factor in the news this stock seems to have been highly manipulated. Maybe a group invested about the same time the flier went out and maybe they all pulled out in an organized fashion - I don't know. In any case to drop the price as far as this one went is OUTRAGEOUS.
We'll see where this goes from here.
I am excited about all the things coming up for this Company. The news has been loaded with potential IMO. The future looks very BRIGHT if everything with this company is honest and professional. I just don't like the PPS manipulation and I hope it stops!
makita, yes it was me and they responded saying they expected to release financials around the end of March or beginning of April.
Then on April 2nd they submitted a late filing form. I think they have 15 days after the due date to submit the Financials now. I don't know when the actual due date is however.
IMO this should run well from here til JUne, stock is way undervalued at these prices and last time i did DD on them they were scheduled for a big telcom conference in Chicago(if my memory serves me right) around May 23rd...i expect it will run hard into that date as one of their main products will be talked about/presented...
07up,
Have you tried to email the company and ask when the financials will post? Wasn't it you who asked them and got a Chinglish response about the stock price when the Chinese stock market took a sudden dip a month or so ago?
Thanks,
Makita
The new service will launch in April in Shandong Province.
What new service? China VoIP & Digital Telecom Inc. Introduces Revolutionary WiFi VoIP For Cellular Devices
Wednesday January 17, 9:50 am ET
I guess we'll see if it comes about!
GLTA
Last qtr. from 2006 hopefully up from previous qtr. IMO.
2006 profits way up from 2005? I think so!
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