IT Tech Packaging Inc (ITP)

[crudeoil24]

Amazing .....

[Lone Wolf]

Jesus!! Can we get to $3 now?!?

ONP

[crudeoil24]

Wow! > "Zhenyong Liu, Chairman and Chief Executive Officer of Orient Paper, commented, "Our third quarter results continued to be impacted by the government mandated restriction on production. In addition, our production was suspended in September 2017 during the replacement of all of our coal burning boilers with gas boilers in compliance with the latest government regulations. Total sales volume decreased by 36.2% to 61,903 tonnes, leading to a 10.6% decrease in total revenue in the third quarter. Gross margin improved as a result of increase in ASPs for regular CMP and light-weight CMP. Looking ahead, as the government continues to promulgate and fully implement rules and regulations on environmental protections, outdated productions in paper industry are accelerating to phase out, we believe large-scale enterprises like us will benefit from industry consolidation as a result of the phasing out of outdated productions for a long-term sustainable development. We expect the overall price and market demand will show an upward trend in the near future and the Company's operations will continue to improve."

Third Quarter 2017 Financial Results

Revenue

For the third quarter of 2017, total revenue decreased by $4.0 million, or 10.6%, to $33.5 million from $37.5 million for the same period of last year. The decrease in total revenue was mainly due to decreases in sales volume across all product categories and partially offset by increase in blended ASP. The restrictions on our production volume by the Chinese government remained in place during the quarter. Additionally, our production was interrupted in September 2017 as we removed all coal burning boilers and started to replace them with gas boilers in compliance with the latest government regulation. Production was suspended during the replacement of boilers. As a result, the production volume of regular CMP, light-Weight CMP and offset printing paper in the third quarter of 2017 declined and sales of these products decreased accordingly. The following table summarizes revenue, volume and ASP by product for the third quarter of 2017 and 2016, respectively:

For the Three Months Ended September 30,

2017 2016

[crudeoil24]

Nice rocket ship > $$$$$

[Lone Wolf]

Halted. Knew that was coming. Guess ONP it is then...the momo play of the day!

[NathanH]

They have good guidance
Full Year 2014 Guidance

The Company maintains its full year guidance for 2014, with revenue ranging between $146 million and $161 million, gross profit ranging between $27 million and $30 million, net income ranging between $15 million and $17 million, and basic and diluted earnings per share between $0.81 and $0.90.

[NathanH]

No dividends

[Helium-3]

Does this company pay a dividend? Valuation looks ok just there seems to be no growth in revenue. I'm not sure what to make of it. Why are you shareholders? Are there some deals in the pipeline that you could share with others? Thanks

Fat Tony

[NathanH]

No idea it just keeps selling off each and every day

[mighty face]

What the fuck is going on here?? Shoters??

[NathanH]

Jee wiz

[1 million]

Now whats going on, Geeez!!!

[bobba loo]

closed above the 50 sma lookin good

[Savvey]

It's a good time to add more shares while the price is still low. It needs recommendations from CNBC or The Street for more investors :) Next Quarter should be good for $3. or more.

[mighty face]

Time to move HIGHER!!

[mighty face]

VERY GOOD RESULTS!!
3$ and more is coming!!!

[loubigfish]

Awesome results YOY...Great Job....

[loubigfish]

Today looks like the day to rise to $3.00

[mighty face]

Up to 3$ Let's hope...

[Shaka_Zulu]

It's gaining strength. And will break it next time

[mighty face]

Two times between 2,80$ and 3$ and back down...
Hopefully not again...

[Shaka_Zulu]

Should break 2.84 this week.

[Shaka_Zulu]

It may continue back to 3 or it may start to flag out before running again.

I want it to get past 2.84 first.

This is a solid company that now is performing. Hold

[mighty face]

Curious what the stock will do today??

+??%

[Shaka_Zulu]

Of course it is, and you may see $3.50

[mighty face]

3$ IS COMING!!!

[loubigfish]

After the conference and now were running up to $3.00 and beyond... Amen

[fawnpass]

Surprised with the low float it's not moving...I guess it was priced in?

Anyway, good to see they are still on track and things are working as planned with the new digital paper segment.

[loubigfish]

Great news this morning
that ONP had 72% better earnings this Quarter than the previous one... on less revenue.
Way to go ONP!

[1 million]

Might as well wait for Santa Claus he may at least give me back my investment or perhaps the Fairy tooth god mother,25 cents...no body never knows except the # on ones chart,that's the prediction of that result,this week that week next month this quarter that sector,and so on........

[1 million]

Will need the traders to invest/exchange trading,(BUYING) to achieve that volume and then and only then can we get some of that upside & it seems those who will run this stock will have a limit as to where it will run!! So till then we can perhaps get so down side or @ least hope fully hold where @??????????

[Shaka_Zulu]

it just needs a little time, remember this is a small cap stock, with low volume, so you need to wait until there is some above average volume, it does move very quick, but again just be patient. its making a higher low this week so far, just look at some others and come back in a month. You will know, when there is 500k to 1m volume that will be a the signal of a break out

[1 million]

yea,tick tock w/ this,really nothing @ all,always delays???? Patience of being a virtue,ahh!

[Shaka_Zulu]

Well near term in a month or so it may go and test the weekly 200MA at 3.50.
4 is all possible but you need patience.

[1 million]

so what r the technicals indicating of a range to a move

[Shaka_Zulu]

what a candlestick today! this is rock solid. looking great here. bullish engulfing. love it

[Shaka_Zulu]

Someone is showing 55,300k on the bid, that's some strong support

[Shaka_Zulu]

It's simply putting in a higher low

[Shaka_Zulu]

I would just hold this short term pull back is nothing, it's only delayed the run maybe a week or two. You will def see +3

There is support here at 2.42

[1 million]

Okay, will see I got in @ $2.45 w/ only 1k shares, perhaps you've been w/ them a long time & in @ price a lot lower of a entry & of share quantity. So, for me it's gonna be a tight run to take $ off the table, for, as we know these days nothing is sustainable, @ least not w/ me....

[Shaka_Zulu]

Closed above the par SAR. Next week you may get your run. But first it must break 3.00. Stock is strong on this down day.

[1 million]

Well,time as always will tell? Could be ongoing world markets topics,one now of which is this debt ceiling media being told to introduce again as topic for reason to cause crap,it sat silent because the media was told so,and now such a news to be reckoned with. Markets and media is always controlled by a higher up bunch of thieves,someone like me is barely a piece of floating lint/dust on this earth. so I just sit anf abide by the tide/s!!!!!!!!! Enjoy your weekend....

[Shaka_Zulu]

My pleasure, again, the stock tested the PAR SAR and bounces yet again, you may or may not see some more upside today, but i think a break of 3.00 will happen next week.

And the stock is hold up well in a down market, so no need to worry.

[1 million]

Hey thanks for your follow ups...............

[Shaka_Zulu]

Green is good. The stock may run tomorrow… but i would prefer for it to run next week. So it has its own candlestick. I'll keep watching. I don't know how high, but I will let you know when it may be a overbought. Wait for the pop.

[1 million]

Alright,I apologize,just would like to go for a beginning ride for once and capture it!! Would be nice if could have a idea as to the price target neighbor hood?? To either hold or realize to pull money off the table. I need a lot of lost money from other plays to re build my $"Balance"$

[Shaka_Zulu]

relax, stock are not like fireworks, the stock tested the par sar and once again bounced off of it. of course you will need more volume so be patient.

[1 million]

To be or not to be,looks like the ball has no rubber w/in it. A bowling ball,perhaps,let it drop?

[1 million]

A bounce to what # & "IF" so, would it have any hold to it?

[Shaka_Zulu]

the stock may bounce today or tomorrow in a big way. Again its still above the 8MA. Will be watching