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It's looking much better lately. Maybe their business really is getting some legs again.
thanks OA
spread doesn't look bad now at all
Sellers all gone. And the spread is widening to the upside.
Maybe it has something to do with the fact that auto part related stocks have been on a tear all year long and this is just about the only one left that hasn't jumped up to 500% or more.
TEN, DAN, AZO, etc, have all recovered much lost ground. This was at 50 cents before the auto related sell-off and now they have a partnership with Ningbo. One would think it is in better shape than ever for a recovery. There has been no dilution all year long.
just maybe not today
It's acting like it might finally crawl out of the gutter.
Is this a good one OA?
PSSSSST...Backwoods Billie loves DSHL.
http://www.backwoodsbillie.com
That site has been pretty much right on about everything it has picked.
DSHL .023 X .027 LAST .027 MOVING
I think that is nearly meaningless on stocks with super low volume.
*edit*
Often with "big" stocks too.
200 DMV AT .025 If we close above today we will have a breakout.
DSHL's new partners:
http://www.nbautomall.com/en/index.asp
This is the most significant news DSHL has released in over a year and should put the company in a very good position to capitalize on growth in China's auto parts manufacturing capabilities.
With this arrangement and their presence in China and India through their Asia Forging subsidiary it puts them in the driver's seat for recovery.
DIAS Holding, Inc. Subsidiary Forms Strategic Alliance Partnership With China's Ningbo Auto Mall
Milestone Agreement Calls for Detroit International Auto Salon and Ningbo Auto Mall to Cooperate on Customer and Supplier Referrals
Sep 24, 2009 9:00:00 AM
ALLEN PARK, MI -- (MARKET WIRE) -- 09/24/09 -- DIAS Holding, Inc. (OTCBB: DSHL), announced today that its Detroit International Auto Salon (DIAS) subsidiary has signed a strategic alliance partnership agreement with Ningbo Auto Mall (NAM), one of China's largest business to business (B to B) auto parts manufacturing sourcing centers. The agreement resulted from a recent trip to Ningbo by DIAS Chairman and CEO Eric Huang and calls for the two companies to cooperate on OEM customer and supplier referrals.
DIAS Holding CEO Eric Huang commented, "This is a major milestone for DIAS. We are very excited to have formed this partnership with NAM. NAM is one of China's largest B to B auto parts supply centers and will extend our service capabilities by a healthy margin. It is a perfect marriage. With DIAS and NAM combined together, both companies will be able to offer customers a more efficient service at extremely competitive price points."
Mr. Huang added, "The old sourcing routine of attending three to four day auto parts shows is eventually going to become a thing of the past. Today's auto manufacturing OEM customer requires year round access to information and parts. It has been the vision of both DIAS and NAM to offer an effective solution to this requirement in a 'one stop shopping' environment. This new strategic partnership with NAM will increase the strength of DIAS significantly. It allows us to offer our customers a larger number of suppliers and more robust product lines. It is anticipated that the agreement should result in a larger customer base for our company and stronger growth for DIAS in the future."
About Ningbo Auto Mall:
China's Ningbo Auto Mall was established in 1997 and has become a landmark in the Ningbo area. The company's vision is to become an international destination for OEMs of auto parts and auto accessories. Unlike most auto malls in China, which were created mainly for retail business, NAM's target customer is the auto parts manufacturing professional.
About DIAS Holding, Inc.:
DIAS Holding, Inc. services the multi-billion dollar industry of providing automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The Company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the nation's largest independent, year-round exhibition center for automotive products. For more information about DIAS Holding, Inc., please visit: http://www.diasholding.com
Forward-Looking Statement
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, which remains subject to a due diligence review by both parties, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.
For more information, contact:
DIAS
(313) 928-1254
Precisely....I've been accumulating every chance I get whenever it's been under .02 currently holding 500k of this stock...this will be a winner...buy when no one wants the stock and sell when everyone wants it! buy it now and leave it alone!
NEWS--
Delegations From China and India at DIAS Holding's Detroit International Auto Salon Subsidiary Stand Ready to Provide Price Efficiencies and Rapidly Developing Manufacturing Capabilities to the World's Auto Industry
DIAS Holding, Inc. to Lead Through Innovation
Source: DIAS Holding, Inc.
On Monday September 14, 2009, 8:00 am EDT
ALLEN PARK, MI--(Marketwire - 09/14/09) - DIAS Holding, Inc. (OTC.BB:DSHL - News) today announced it has responded to the current automotive crises with innovative leadership in the area of parts manufacturing and procurements for Original Equipment Manufacturers (OEMs) doing business in the global automotive industry.
"The time to engage into a new business paradigm is now, and planting seeds to achieve a successful future is very important to our goals. Our Asia Forging Supply business unit (AFS) and our Detroit International Auto Salon subsidiary are uniquely and synergistically postured to meet current challenges in the auto supply sector," stated Mr. Eric Huang, Chairman and CEO of DIAS Holding, Inc.
Mr. Huang added, "A fresh approach with a stringent focus on technological advancements in materials, alternative fuels, ecology, safety, quality, and economically sound propulsion systems will be necessary to compete in the world automotive industry. Additionally important is automotive styling that not only satisfies the senses, but is also critical to the aerodynamics of the vehicle's design. By contracting through DIAS Holding's two subsidiaries and utilizing our one stop shopping approach; (OEMs) are able to satisfy many of their production requirements with a minimum of effort while obtaining maximum pricing efficiencies."
DIAS Holding officials noted they expect new businesses will continue to develop as some of the automotive industry's old businesses have already thrown in the towel. They emphasized that the company is excited to participate in the current and future development of business relations for linking capable suppliers to the OEMs and multi-tier sectors that will be essential in playing a significant role in the newly developing automotive industry.
With projected $350 billion annual sales for China's automotive industry in 2015, and India's recent assumption of world leadership in the production of low cost small cars, cooperation agreements, joint ventures, investments, and new developments are essential to maintain an existence in what seems to be evolving into a Global Automotive Industry. Emerging markets from what are classified as "Best Cost Countries" will continue to expand with the dynamics necessary to support a superior automotive industry.
DIAS Holding said it expects its Detroit International Auto Salon subsidiary in particular will continue to play a significant role in relationship building and cooperative affiliations with delegations from both China and India. DIAS Holding management noted it anticipates that this may also include other regions of the world as they also further develop and show interest in this particular industry growth potential.
About DIAS Holding, Inc.:
DIAS Holding, Inc. services the multi-billion dollar industry of providing automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The Company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the largest independent, year-round exhibition center for automotive products. For more information about DIAS Holding, Inc., please visit: http://www.diasholding.com
Forward-Looking Statement
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, which remains subject to a due diligence review by both parties, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.
Contact:
For more information, contact:
DIAS at (313) 928-1254
http://finance.yahoo.com/news/Delegations-From-China-and-iw-4072904429.html?x=0&.v=1
That might natter if the company's market cap wasn't running at only 1/5 of sales. It is well known that they have suffered some problems which are endemic to the auto industry. That is why the stock has fallen from 60 cents down to 2 cents. The decline has not come from dilution, but rather through uncertainty.
At a market cap of less than 2 million dollars, this stock's downside move seems overdone in a big way --especially since they have said they now see signs that things are beginning to improve again. At only one times current depressed sales, this stock would be trading north of 10 cents.
IR: http://www.diasholding.com/27.html
Paul Knopick
E & E Communications
25052 Salford Street
Laguna Hills, CA 92653
Phone: (949) 707-5365
Fax: (949) 707-5375
e-mail: pknopick@eandecommuncations.com
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=6754228
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date: As of August 14, 2009, the issuer had one class of common stock, with a par value of $0.001, of which 102,000,000 shares were issued and outstanding.
The urgent problems with DIAS are their $4.6M loans expiring December and the rapidly increasing AR. Without addressing these two problems effectively and immediately, mentioning future sales prospects is meaningless.
If Dias is selling to someone, it must be shown on their book. However according to their most recent 10Q, 94.6% of their sales are in North America, 2.6 in Europe and 2.8% in Asia.
No matter how hard they try in Europe and Asia, we are not going to see much improvement to their bottom line in the next few years. And I don't think their have any advantages in competing in Asia and Europe at all, unless they want to change their current strategies and invest a lot of money into Asian and EU markets like they did in USA.
tstockw, looking back on your posts I do appreciate your opinions they appear to be valid. I am just going by what this last PR says and it does look like things are improving.
Eric Huang, Chairman and CEO of Dias Holding, Inc., stated,
"We are seeing an influx of new companies with requests for quotes, which are quickly developing into expanded opportunities for DIAS Holding to meet the demand generated by what appears at this stage to be a rapid market recovery.
We are also experiencing the opportunity to quote on new projects with existing customers that appear to be very interested in BEST COST COUNTRIES and the ever increasing new capabilities being developed by the Asian Auto Supply Manufacturing Sector."
Asia Forging Supply Co., Ltd in Taiwan is a One-Stop Supplier for auto metal parts, and is represented globally with Sales & Service locations in over 14 countries on 4 continents. We work with all types of customers, from Tier 1 and Tier 2 of OEMs to Aftermarket customers and spare parts shops. We are proud to be a certified vendor of Volvo, Dana, Affinia, Delphi, TRW, Magna and Linamar, among others.
Big exposure overseas, they must be selling to someone?
According to the latest 10Q filed by DIAS Holding, the total revenue in Asia is only 2.7%. Even if this sales is 100% to China, I don't see a recovery in China has much impact on the bottom line of DIAS. After all DIAS is good at selling made-in-China goods to USA, not made-in-China or made-in-USA goods to China.
Shouldn't this be a .15 to .20 stock? Its trading at a $2 million market cap with a 5 million float according to Yahoo.
OMG
CORRECTION DSHL NOT DSHK
DIAS Holding Sees Inevitable Recovery in Its World Market Revenues as Chinese Automotive Industry Continues to Experience Rapid Growth -- Comments on Quarterly Report
18 minutes ago - Market Wire
As of 12:00 AM ET 8/24/09
DIAS Holding, Inc. (OTCBB: DSHL), owner of Asia Forging Supply (AFS), which has a decade long record of success as a one-stop supplier for the automotive and other industries, today said it expected to see an "inevitable recovery" in world market revenues to near "pre-automotive market crash levels" as its last quarterly report has demonstrated a quarter on quarter improvement in total sales. DIAS Holding's sales topped $14.4 million in 2008 before turmoil in the world auto sector caused the company to experience what it now believes was a temporary slowdown in total revenues.
DIAS Holding's subsidiary, AFS, manages outsourced procurement of finished and semi-finished components and sub-assemblies from China and elsewhere in Asia. Its Detroit International Auto Salon subsidiary, in the heart of North America's auto industry, allows Chinese and other Asian companies to display capabilities and to quote manufacturing orders to original equipment manufacturers (OEMs) in the US.
Dias noted its most recent quarter has demonstrated a quarter on quarter improvement in revenues and illustrated growth in sales from new product releases to existing customers. The company anticipates the US Government's "Cash for Clunkers Program" has added new requirements for OEMs to restock to meet desirable inventory levels at dealerships in the US auto market.
Eric Huang, Chairman and CEO of Dias Holding, Inc., stated, "We are seeing an influx of new companies with requests for quotes, which are quickly developing into expanded opportunities for DIAS Holding to meet the demand generated by what appears at this stage to be a rapid market recovery. We are also experiencing the opportunity to quote on new projects with existing customers that appear to be very interested in BEST COST COUNTRIES and the ever increasing new capabilities being developed by the Asian Auto Supply Manufacturing Sector."
Mr. Huang added, "With predicted annual sales for the Chinese Automotive Industry of $350 billion in the year 2015, DIAS is in an unparalleled position to facilitate business relationships which will strengthen our import / export opportunities to substantiate and provide support for what are increasingly demanding global automotive industry requirements."
About DIAS Holding, Inc.:
DIAS Holding, Inc. services the multi-billion dollar industry of providing automotive, trucking, railway and petroleum industries with raw, finished and assembled components. The Company's major subsidiaries include Asia Forging Supply Company, a prime contractor for a network of factories throughout Asia, and the Detroit International Auto Salon, the largest independent, year-round exhibition center for automotive products. For more information about DIAS Holding, Inc., please visit www.diasholding.com.
Forward-Looking Statement
This news release includes comments that may be deemed forward-looking within the meaning of the safe harbor provisions of U.S. Federal Securities Laws. These include, among other things, statements about expectations of future transactions or events, revenues, sales of products and performance. Forward-looking statements are subject to risks and uncertainties that may cause the company's results to differ materially from expectations. These risks include the company's ability to complete the transactions, which remains subject to a due diligence review by both parties, obtaining any regulatory approvals, having necessary financing in time to meet contractual obligations, developing appropriate strategic alliances, raising working capital, building a functional infrastructure, and other such risks as the company may identify and discuss from time to time. Accordingly, there is no certainty that the company's plans will be achieved.
For more information, contact:
Paul Knopick
E & E Communications
(949) 707-5365
Email Contact
SOURCE: DIAS Holding, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=285F887A4221B8FA
Check out their account receivable in ths past 6 months. In normal situation, AR goes down when sales goes down. That is becasue you are selling less and there are less AR. In DIAS' new filing, their AR goes up 50% while sales goes down 40%. If this continues, there will be huge bad debts soon.
Their sales is down by 40%. During the same period, account receivable went up by almost 50%. This doesn't look good. It looks like they have problem getting paid by their customers.
Their Short-term debt and current portion of long-term debt due by December 31st are $4.6M. If they cannot get the loans extended or obtain new money, there will be problems.
Time & Sales
Price Size Exch Time
0.012 200 OBB 12:46:39
0.022 47000 OBB 09:36:21
They haven't diluted. They have simply been a casualty of the worldwide auto slump. Unlike other auto suppliers, however, they have not experienced a big rally in the interim.
I figure their time will come again, however, and that is why I am sticking with it. The potential upside here is enormous when the auto industry turns around worldwide and they are in China too where things are really starting to heat up in a big way.
I will have to say that after combing the latest filing with a "fine toothed comb", I am impressed by the company's attempts here.. The only thing I can find as to the reason for the low pps is that revenues are down...That isn't unexpected based on the automotive industry and the fact they have set a base in Detroit..I am thinking this one has some potential and management has enough money to not issue new shares..
All a matter of when it will turn up, not if, imo..
nice. Thanks for that response.
The stock is so cheap, most people who have it are content to not pay much attention to it. The company isn't issuing new stock and as the auto sector recovers, it will do fine, imo.
Chart looks great. Company in a great position. I think it should be getting more attention. imo
They're around. We'll see
them when this breaks out. Nothing to post about right now.
+70% and no one posting here.
Your streamer is correct.
What is happening here? Streamer shows 200k volume with .0135 last bought. My time and sales is showing sales down to .007 but nothing changed on streamer.
why is this stock with low float and low o/s is not getting any attention ? Anyone has any answers ?
DSHL .007 x .01 on sell
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Asia Forging Supply Co. |
Detroit International Auto Salon
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Grand Opening Ceremony and Showroom Photos
Componus was incorporated in the U.S. in December 2005 and merged with the Asia Forging Supply (AFS) Company, Ltd., in 2006. in the Fall of 2007 the Detroit International Auto Salon (DIAS) was created to complement the AFS sourcing network with a year-round exhibition & market place for emerging Asia companies desiring branding and presence in North America. DIAS was born through the cooperation with the local Michigan governmentand associations to provide opportunities for U.S. companies to team, partner, or source with these emerging companies. |
Stock Information
Shares Outstanding= 102,000,000 as of March 31, 2009 (Per 10K filed April 21, 2009)
Float = 12.4M shares
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