MOSTLY CHINA

[May Lee]

Morning frenchee, news out earlier this morning on CNSJ. Fully reporting bullinten board Cement company out of China, started trading, now 5.47 +21.45%. Hardly has traded since last november.

[Jang-A-Lang]

Wonder Auto beats by .01:

http://biz.yahoo.com/prnews/080205/cntu016.html?.v=43

[jacobs_ladder]

China Shuangji Cement Ltd. Announces Corporate Update
Tuesday February 5, 8:30 am ET


ZHAOYUAN CITY, SHANDONG, CHINA--(MARKET WIRE)--Feb 5, 2008 -- China Shuangji Cement Ltd. (OTC BB:CNSJ.OB - News) ("China Shuangji" or "the Company") today announces a corporate update and an action plan for this quarter.
ADVERTISEMENT


"The change to our corporate name and ticker symbol on November 9, 2007 marks a new direction for the Company," said China Shuangji Chairman and President Wenji Song.

China Shuangji expects to receive the audited financial statements of Shandong Zhaoyuan Shuangji Group Co., Ltd. ("SZSG") and contemplates filing the necessary Form 8-K with the Securities and Exchange Commission on a series of contractual agreements with SZSG, a domestic company registered in the People's Republic of China which is engaged in the business of manufacturing of cement products.

Mr. Song further stated, "I believe that each company has undeveloped endless potential. Looking ahead, our Company faces valuable developmental opportunities, along with many difficulties and challenges. We will execute the development strategies already approved, on the basis of the strengthening cement industry, to implement brand name effectiveness, and to expand in both the domestic and international markets. Our focus will be on leveraging the Company's strengths and stepping up business development, in order to provide the best products to our customers and as well to make Shuangji a large-scale international corporation. The Company is in the new historic development stage. We will continue to do what is necessary to establish strong corporate governance, in order to protect the interests of the Company and all shareholders. With the support of all our shareholders, and the combined efforts of the Board of Directors, management and staff, I firmly believe that Shuangji is blessed with a very promising future."

Forward-looking Statements

The information contained herein includes forward-looking statements. These statements relate to future events or to our future anticipated financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We do not intend to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.



Contact:
For more information, please contact:
Investor Relations Contact:

Tel: [phone]
http://www.shuangjicement.com



--------------------------------------------------------------------------------
Source: China Shuangji Cement Ltd.

[Jang-A-Lang]

WSP Holdings Announces Expansion of its Non-API Business in Xinjiang Province
Monday February 4, 7:00 am ET


WUXI, China, Feb. 4 /Xinhua-PRNewswire-FirstCall/ -- WSP Holdings Limited (NYSE: WH - News; "WSP Holdings" or "the Company"), a leading Chinese manufacturer of seamless casing, tubing and drill pipes used in oil and natural gas exploration, drilling and extraction ("Oil Country Tubular Goods" or "OCTG"), today announced that China Petroleum & Chemical Corporation Northwest Oilfield Branch ("SINOPEC Northwest") placed an order to purchase the Company's non-API products, and that the Company also signed an agreement with PetroChina Tarim Oilfield Company ("Tarim"), a subsidiary of PetroChina Company Limited, for the testing of the Company's non-API products.
ADVERTISEMENT


The Company's non-API 110S casing and P110SS tubing passed the three-trial wells test conducted by SINOPEC Northwest. The quality of the Company's products met SINOPEC's stringent standards, and SINOPEC Northwest placed an initial order in the size of 3,700 tonnes to purchase non-API products from WSP Holdings for delivery in 2008.

Tarim recently signed an agreement with WSP Holdings to test the Company's non-API products in three-trial wells. Prior to entering into such agreement, Tarim examined the performance and specifications of the Company's V140 technical casing and 110T high collapse-resistance casing and made several on- site observations.

SINOPEC Northwest and Tarim have the deepest oil and gas wells in China. Well depths have reached approximately 5,500 to 8,500 meters in highly corrosive conditions that are saturated with hydrogen sulfide. Non-API products manufactured in France and Japan are originally used in these wells. The parties believe that the Company's high-quality non-API products can be used in lieu of imported products.

"We believe that these testings demonstrate the quality of our non-API products. We hope these events will lead to additional purchase orders for our non-API oil pipes and casing, which will further expand our share of China's non-API market," said Mr. Longhua Piao, Chairman and CEO of WSP Holdings. "Northwest SINOPEC's order and Tarim's commitment to test our products are important events in the development of our Non-API business."

About WSP Holdings Limited

WSP Holdings develops and manufactures seamless Oil Country Tubular Goods (OCTG), including seamless casing, tubing and drill pipes used for on-shore and off-shore oil and gas exploration, drilling and extraction. Founded as WSP China in 1999, the Company offers a wide range of API and non-API seamless OCTG products, including products that are used in extreme drilling and extraction conditions. The Company's products are used in China's major oilfields and are exported to oil producing regions throughout the world.

Safe Harbor Statements

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors include, but are not limited to, the Company's ability to develop and market new products, the ability to access capital for expansion, changes from anticipated levels of sales, changes in national or regional economic and competitive conditions, changes in relationships with customers, changes in principal product profits and other factors detailed from time to time in the Company's filings with the United States Securities and Exchange Commission and other regulatory authorities. The Company undertakes no obligation to update or revise to the public any forward-looking statements, whether as a result of new information, future events or otherwise. This press release was developed by WSP Holdings, and is intended solely for informational purposes and is not to be construed as an offer or solicitation of an offer to buy or sell the Company's stock. This press release is based upon information available to the public, as well as other information from sources which management believes to be reliable, but it is not guaranteed by WSP Holdings to be accurate, nor does WSP Holdings purport it to be complete. Opinions expressed herein are those of management as of the date of publication and are subject to change without notice.


For more information, please contact:

WSP Holdings Limited
Mr. Thi Yip Kok, Chief Financial Officer
Tel: [phone]
Email: [e-mail]

For more information, please contact:

CCG Elite Investor Relations, Inc.
Mr. Crocker Coulson, President
Tel: [phone] (New York)
Email: [e-mail]

[Pennyland]

CNEH might be running out of gas imo it looks to be topping out here...

[Pennyland]

GA might hit 13.75 if it can trip SAR and get legs... only the ma20 and ma50 in the way... looks good here... gl!

[Pennyland]

i'm working on those other charts...

[Pennyland]

right on!

[frenchee]

'It's going to be much worse'
Famed investor Jim Rogers sees hard times ahead for the United States - and a big opportunity looming in China.
By Brian O'Keefe, senior editor

http://money.cnn.com/2008/01/30/news/international/okeefe_rogers.fortune/index.htm?section=money_latest

Jim Rogers says the Fed, and Fed Chairman Ben Bernanke, are out of control.
Video
More video
The central bank's second interest rate cut in a week raises the risk of inflation and bails out the banks.
Play video
Hog wild for China

Legendary investor Jim Rogers made a bundle by anticipating a boom in commodities. Now he's focusing on the People's Republic. (more)More from Fortune
Microsoft's war plan

Home equity loan defaults soar

Searching for online video's holy grail


FORTUNE 500
Current Issue
Subscribe to Fortune

NEW YORK (Fortune) -- You might expect Jim Rogers to be gloating a little bit. After all, the famed investor has been predicting a recession in the U.S. economy for months and shorting the shares of now-tanking Wall Street investment banks for even longer. And with fears of a recession sparking both a worldwide market sell-off and emergency action from Federal Reserve chairman Ben Bernanke, Rogers again looks prescient - just as he has over the past few years as the China-driven commodities boom he predicted almost a decade ago began kicked into high gear. But when I reached him by phone in Singapore the other day there was little hint of celebration in his voice. Instead, he took a serious tone.

"I'm extremely worried," he says. "I have been for a while, but I just see things getting much worse this time around than I expected." To Rogers, a longtime Fed critic, Bernanke's decision to ride to the market's rescue with a 75-basis-point cut in the Fed's benchmark rate only a week before its scheduled meeting (at which time they cut it another 50 basis points) is the latest sign that the central bank isn't willing to provide the fiscal discipline that he thinks the economy desperately needs.

"Conceivably we could have just had recession, hard times, sliding dollar, inflation, etc., but I'm afraid it's going to be much worse," he says. "Bernanke is printing huge amounts of money. He's out of control and the Fed is out of control. We are probably going to have one of the worst recessions we've had since the Second World War. It's not a good scene."

Rogers looks at the Fed's willingness to add liquidity to an already inflationary environment and sees the history of the 1970s repeating itself. Does that mean stagflation? "It is a real danger and, in fact, a probability."

Where the opportunities are
The 1970s, of course, was when Rogers first made his reputation - and a lot of money - as George Soros's original partner in the Quantum Fund. And despite his gloomy outlook for the U.S., he still sees opportunities in today's world. In fact, he sees the recent correction as a potential gift for investors who know where to head in global markets: China.

Rogers has been fascinated with China ever since he rode his motorcycle across the country two decades ago, and he's been a full-fledged China bull for several years. In December he published his latest book, an investor-friendly tome titled "A Bull in China: How to Invest Profitably in the World's Greatest Market." And that same month he sold his beloved Manhattan townhouse for $15.75 million to a daughter of oil tycoon H. L. Hunt and moved his family full-time to Singapore - the better to be closer to the action in Beijing and Shanghai. (He bought the New York mansion 30 years ago for just over $100,000; not a bad return on his investment.)

But in a November interview I conducted with Rogers, he admitted that he was rooting for a serious correction in China to cool off an overheating market and bring back prices to a reasonable level. With the bourses in Shanghai and Hong Kong both some 20% off their recent highs as of late January, Rogers says he's starting to consider new investments.

"I'm delighted to see what's happening in Shanghai and Hong Kong," he says. "As I've said, if things hadn't cooled off, the Chinese market was in danger of turning into a bubble. I find this most encouraging. The government's been doing its best to try and cool things off. Mainly they've been trying to deal with real estate but it's having an effect on stocks, too. I would suspect the correction isn't quite over in China. But I'm gearing up. I didn't put in any orders for tomorrow but I'm starting to prepare my list of things to buy in China. Whether I buy this week or this month or this quarter, who knows. But I'm starting to think about buying new shares in China for the first time in a while. And I'm not thinking about buying in America."

Ultimately, Rogers doesn't think that the troubles in the United States will be much of a drag on the prospects for the People's Republic. "Anybody who sells to Sears (SHLD, Fortune 500) or Wal-Mart (WMT, Fortune 500) is going to be affected, without question," he says. "Some parts of the Chinese economy are going to be untouched, however. They won't even know America's in recession. They won't care if America falls off the face of the earth."

“We are probably going to have one of the worst recessions we've had since the Second World War. It's not a good scene.”
Jim Rogers
What's on his China buying list? Rogers says it will depend in large part on which stocks come down to the right level, but he's keeping his eye on certain high-growth sectors including tourism, agriculture, power generation and airlines.

The pullback in commodity prices on recession fears hasn't dampened his enthusiasm for resources investments, either. More like a cyclical correction in the middle of a long-term bull market. "Certainly some commodities are going to be affected," says Rogers. "But it's not as if the markets haven't figured this out. Remember the old expression: 'Dr. Copper is the best economist in the world.' Well, Dr. Nickel and Dr. Zinc figured out a few months ago what I thought I had figured out, that we were going to have a recession. Nickel is already down 50%. Other commodities may fall more. But I don't see the economics of agriculture being much affected at all. Maybe there will be a few less cotton shirts bought. Maybe there will be a few less tires bought. But the supply is under more duress than the demand."

Once again Rogers draws on the 1970s in his analysis. "Think about the story of gold in the '70s," he says. "Gold went up 600%, and then it started correcting. It went down nearly every month for two years, nearly 50% from the high point. And everybody said, 'Well, that's the end of the gold market. It was just a fluke. It's over.' It scared everybody out. And then gold turned around and went up 850% from that level. This is what happens in markets. But the fundamentals of the secular bull market in commodities are not over any more now than they were for gold in the '70s."

Where he expects the pain to be most intense is on Wall Street. He says he hasn't covered his short positions on the investment banks or Citigroup (C, Fortune 500) and won't for a while. "Those things are going to go way, way, way down," says Rogers. "The investment banks are down now because of the problems in the credit market. Wait until the effects of the bear market come along. If you just go back and look at other bear markets, investment bank stocks have gone down enormously. We haven't gotten to that stage yet. It's going to bring their balance sheets under duress. This is going to get much worse. But that's where there have been excesses for the past decade or so. And whenever you have a bear market come along the great excesses of the previous period are the ones that get cleaned out the most."

He'll be watching - from Singapore

[Jang-A-Lang]

I only told you, and one other buddy about it. The good thing is that you would not have been able to buy shares today. :)

[Pennyland]

that was one crazy coincidence, that's all i can say...

[Jang-A-Lang]

The two I am playing for now are GA and CNEH.

GA in at 10.29 for a few.

CNEH in for a bit more at 2.35.

Do you see anything that should scare me into selling???

[Jang-A-Lang]

You win the milk shake. That is for sure. I did pass, but I don't think the stock is dead just yet..... LOL. You can bet your ass I will let you know about it!!!!!!!!!! :)

[frenchee]

GU movin on...#msg-26537255

[Pennyland]

i'll take that milk shake;)

[Pennyland]

hope you passed...lol

http://investorshub.advfn.com/boards/read_msg.asp?message_id=26535466

[Jang-A-Lang]

China is rebounding:

CHL 78.77 +1.23
EDU 61.16 +2.87
* YGE 24.00 +2.92
* STV 25.1499 +2.0400
CSR 15.5000 +0.2500
NCTY 18.70 +0.90
NTES 17.995 -0.185
FSIN 20.50 +2.01
* JRJC 19.3201 +2.0601
SDTH 13.70 +0.25
* XIN 13.20 -0.45
* SCR 11.71 -0.05
GA 10.56 +0.27
CFSG 10.81 -0.19
* CHBT.OB 11.85 -0.15
WATG 9.99 0.00
ASIA 8.825 +0.125
AAAC.OB 7.89 +0.09
ADY 11.2500 +0.3100
* TCM 8.37 -0.08
GSI 9.15 +0.63
* VIT 5.05 -0.30
RCH 7.19 +1.01
HLSYF.OB 7.60 -0.30
* WH 8.30 -0.11
GRRF 7.44 +0.36
* NED 6.69 +0.17
* CAAS 6.95 +0.19
KUN 6.0500 +0.5500
VISN 7.18 +0.30
LONG 7.75 +0.06
FUQI 9.95 -0.03
CHNG.OB 7.00 +0.30
* CDS 7.8201 +1.0201
CTDC 6.06 +0.54
* XFML 5.74 +0.48
GLUU 4.61 +0.27
CEUA.OB 4.03 +0.03
* SVA 4.1000 +0.1900
* CPSL 5.50 +1.26
CHCG.OB 3.03 -0.06
* CHGS.OB 3.15 0.00
ACTS 3.52 +0.24
HRAY 3.43 +0.07
IMM 2.6900 -0.0200
CBEH.OB 5.00 -0.30
CIWT.OB 2.50 0.00
* CPHI.OB 3.00 0.00
GFRE.OB 2.60 0.00
CCGY.OB 2.05 +0.04
AIDA.OB 1.31 +0.01
CKGT.OB 0.82 -0.08
CHRN.OB 0.85 0.00

[Prince_among_thieves]

brick chinese stocks will rally from here in 08, New year push happens every year.

[BEIJING BILL]

chairman of board sign off mrbojangles. maybe i ask you again when they file with sec. i think mr.ma of stell ball cjgh going to validate claims to public eye

[BEIJING BILL]

no not much but i know lots about ctrp its chinese version of expedia.com

[TheBrick]

What is shaping up on the Chinese stocks this week?

[Jang-A-Lang]

China Pharma Holdings, Inc. Receives Chinese SFDA Approval for Generic Bumetanide Injection
Tuesday January 29, 8:30 am ET
-- The Approval Creates New Growth Opportunities for the Company
-- Potentially Denotes a Positive Sign Related to the SFDA Drug Approval Process


NEW YORK and HAIKOU, China, Jan. 29 /Xinhua-PRNewswire-FirstCall/ -- China Pharma Holdings, Inc. ("China Pharma") (OTC Bulletin Board: CPHI - News) which develops, manufactures, and markets generic and brand bio-pharmaceutical products in China, announced today that it has received approval from the Chinese State Food and Drug Administration (SFDA) for the production of generic Bumetanide injection which is used to manage hypertension and edema associated with congestive heart failure, cirrhosis, and renal disease, including the nephrotic syndrome by inducing dieresis.
ADVERTISEMENT


Bumetanide is internationally recognized as one of the most effective diuretics and widely prescribed for cardiovascular diseases, kidney diseases, respiratory diseases, neurological diseases, and surgeries. It has replaced Furosemidum and other diuretic medications on the market because of its efficiency and safety. Bumetanide is on China's National Medical Reimbursement Insurance List thus allowing insured patients to receive reimbursement for the costs of injections. In China, medium size hospitals dispense on average 8,000 doses of Bumetanide per month.

"We are very pleased that we received approval of Bumetanide from the Chinese SFDA, a very important and positive milestone for our business which further diversifies and complements our core product portfolio," Ms. Zhilin Li, President and CEO of China Pharma Holdings, Inc., commented. "We believe this favorable decision by the SFDA is a positive sign that the SFDA new drug approval process is coming back online. For this reason, we are optimistic that the additional drugs that are currently in our development pipeline for SFDA approval will be able to move through this process toward commercialization."

"Additionally, we are well positioned to take advantage of this new growth opportunity. This approval will enable China Pharma to immediately leverage our production capacity and extensive distribution network covering 30 provinces to start production and marketing of this new drug. We expect to begin Bumetanide production and recording of revenues in March 2008. We currently maintain the capacity to produce approximately $2 million of this product annually," concluded Ms. Li.

About China Pharma Holdings, Inc.

China Pharma Holdings, Inc. develops, manufactures, and markets generic and brand bio-pharmaceutical products in China that treat a wide range of conditions, including infections, hepatitis, cardiovascular and CNS diseases, and other prevailing diseases. Helpson Bio-pharmaceutical Co., Ltd (Helpson), a specialty pharmaceutical company headquartered in Haikou City, Hainan province in China, is a wholly owned subsidiary of China Pharma Holdings. For more information about China Pharma Holdings, Inc., please visit http://www.chinapharmaholdings.com .

Safe Harbor Statement:

Certain statements in this press release and oral statements made by China Pharma on its conference call in relation to this release, constitute forward- looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Any statements set forth above that are not historical facts are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements, which may include, but are not limited to, such factors as unanticipated changes in product demand, increased competition, failure to obtain or maintain intellectual property protection, downturns in the Chinese economy, uncompetitive levels of research and development, failure to obtain regulatory approvals, and other information detailed from time to time in the Company's filings and future filings with the United States Securities and Exchange Commission. The forward-looking statements made herein speak only as of the date of this press release and the Company undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in the company's expectations.


For more information, please contact:

Sophia Yu
China Pharma Holdings, Inc.
Tel: [phone]
Email: [e-mail]

Alan Sheinwald
HC International, Inc.
Tel: [phone]
Email: [e-mail]

[Pennyland]

lol! next time your in MN we'll hook up...

[Jang-A-Lang]

I want a milk shake!

[Pennyland]

i'll be at work on monday anyway, and if i jumped in that i would have to be sitting at my puter with my finger on the sell bottom... lol

[Pennyland]

if so, the trade best be small enough that you can get out! bet?

[Jang-A-Lang]

you wouldn't be able to judge anything off of the chart. you have to read the filings. it isn't an investment by any means, but i will bet you a milk shake that at least 100% is to be made if you get in early monday morning. bet? LOL

[Pennyland]

could make another 100% or lose 75% no thx

only 5k bucks traded on the 2nd highest trading day... your right tho, could have another day or two left in it...

[Jang-A-Lang]

i don't either bud. this one may be worth a look monday morning. IMO <VBG>

[Pennyland]

thx... don't do pennys tho...

[Pennyland]

i'll check it out, if i can find it...

[Jang-A-Lang]

http://investorshub.advfn.com/boards/board.asp?board_id=10116

[frenchee]

SHI on short-term buy signal. See #board-10731

[Pennyland]

fwiw... my fav. sector has and still is in the service sector...

this is where i got my last two picks... although not china plays... INFN and ARUN

just a few examples:

[Pennyland]

imo he's got his head up his ass and imo the us market will out do china in the next 6-18 months... lol

[Jang-A-Lang]

Thoughts?

'It's going to be much worse'
Famed investor Jim Rogers sees hard times ahead for the United States - and a big opportunity looming in China.
By Brian O'Keefe, senior editor



Jim Rogers says the Fed, and Fed Chairman Ben Bernanke, are out of control.
Video
More video
The central bank's second interest rate cut in a week raises the risk of inflation and bails out the banks.
Play video
Hog wild for China

Legendary investor Jim Rogers made a bundle by anticipating a boom in commodities. Now he's focusing on the People's Republic. (more)More from Fortune
Fighting the new evil empire - Google

Some of the pieces won't fit

Time running out for AOL


FORTUNE 500
Current Issue
Subscribe to Fortune

NEW YORK (Fortune) -- You might expect Jim Rogers to be gloating a little bit. After all, the famed investor has been predicting a recession in the U.S. economy for months and shorting the shares of now-tanking Wall Street investment banks for even longer. And with fears of a recession sparking both a worldwide market sell-off and emergency action from Federal Reserve chairman Ben Bernanke, Rogers again looks prescient - just as he has over the past few years as the China-driven commodities boom he predicted almost a decade ago began kicked into high gear. But when I reached him by phone in Singapore the other day there was little hint of celebration in his voice. Instead, he took a serious tone.

"I'm extremely worried," he says. "I have been for a while, but I just see things getting much worse this time around than I expected." To Rogers, a longtime Fed critic, Bernanke's decision to ride to the market's rescue with a 75-basis-point cut in the Fed's benchmark rate only a week before its scheduled meeting (at which time they cut it another 50 basis points) is the latest sign that the central bank isn't willing to provide the fiscal discipline that he thinks the economy desperately needs.

"Conceivably we could have just had recession, hard times, sliding dollar, inflation, etc., but I'm afraid it's going to be much worse," he says. "Bernanke is printing huge amounts of money. He's out of control and the Fed is out of control. We are probably going to have one of the worst recessions we've had since the Second World War. It's not a good scene."

Rogers looks at the Fed's willingness to add liquidity to an already inflationary environment and sees the history of the 1970s repeating itself. Does that mean stagflation? "It is a real danger and, in fact, a probability."

Where the opportunities are
The 1970s, of course, was when Rogers first made his reputation - and a lot of money - as George Soros's original partner in the Quantum Fund. And despite his gloomy outlook for the U.S., he still sees opportunities in today's world. In fact, he sees the recent correction as a potential gift for investors who know where to head in global markets: China.

Rogers has been fascinated with China ever since he rode his motorcycle across the country two decades ago, and he's been a full-fledged China bull for several years. In December he published his latest book, an investor-friendly tome titled "A Bull in China: How to Invest Profitably in the World's Greatest Market." And that same month he sold his beloved Manhattan townhouse for $15.75 million to a daughter of oil tycoon H. L. Hunt and moved his family full-time to Singapore - the better to be closer to the action in Beijing and Shanghai. (He bought the New York mansion 30 years ago for just over $100,000; not a bad return on his investment.)

But in a November interview I conducted with Rogers, he admitted that he was rooting for a serious correction in China to cool off an overheating market and bring back prices to a reasonable level. With the bourses in Shanghai and Hong Kong both some 20% off their recent highs as of late January, Rogers says he's starting to consider new investments.

"I'm delighted to see what's happening in Shanghai and Hong Kong," he says. "As I've said, if things hadn't cooled off, the Chinese market was in danger of turning into a bubble. I find this most encouraging. The government's been doing its best to try and cool things off. Mainly they've been trying to deal with real estate but it's having an effect on stocks, too. I would suspect the correction isn't quite over in China. But I'm gearing up. I didn't put in any orders for tomorrow but I'm starting to prepare my list of things to buy in China. Whether I buy this week or this month or this quarter, who knows. But I'm starting to think about buying new shares in China for the first time in a while. And I'm not thinking about buying in America."

Ultimately, Rogers doesn't think that the troubles in the United States will be much of a drag on the prospects for the People's Republic. "Anybody who sells to Sears (SHLD, Fortune 500) or Wal-Mart (WMT, Fortune 500) is going to be affected, without question," he says. "Some parts of the Chinese economy are going to be untouched, however. They won't even know America's in recession. They won't care if America falls off the face of the earth."

“We are probably going to have one of the worst recessions we've had since the Second World War. It's not a good scene.”
Jim Rogers
What's on his China buying list? Rogers says it will depend in large part on which stocks come down to the right level, but he's keeping his eye on certain high-growth sectors including tourism, agriculture, power generation and airlines.

The pullback in commodity prices on recession fears hasn't dampened his enthusiasm for resources investments, either. More like a cyclical correction in the middle of a long-term bull market. "Certainly some commodities are going to be affected," says Rogers. "But it's not as if the markets haven't figured this out. Remember the old expression: 'Dr. Copper is the best economist in the world.' Well, Dr. Nickel and Dr. Zinc figured out a few months ago what I thought I had figured out, that we were going to have a recession. Nickel is already down 50%. Other commodities may fall more. But I don't see the economics of agriculture being much affected at all. Maybe there will be a few less cotton shirts bought. Maybe there will be a few less tires bought. But the supply is under more duress than the demand."

Once again Rogers draws on the 1970s in his analysis. "Think about the story of gold in the '70s," he says. "Gold went up 600%, and then it started correcting. It went down nearly every month for two years, nearly 50% from the high point. And everybody said, 'Well, that's the end of the gold market. It was just a fluke. It's over.' It scared everybody out. And then gold turned around and went up 850% from that level. This is what happens in markets. But the fundamentals of the secular bull market in commodities are not over any more now than they were for gold in the '70s."

Where he expects the pain to be most intense is on Wall Street. He says he hasn't covered his short positions on the investment banks or Citigroup (C, Fortune 500) and won't for a while. "Those things are going to go way, way, way down," says Rogers. "The investment banks are down now because of the problems in the credit market. Wait until the effects of the bear market come along. If you just go back and look at other bear markets, investment bank stocks have gone down enormously. We haven't gotten to that stage yet. It's going to bring their balance sheets under duress. This is going to get much worse. But that's where there have been excesses for the past decade or so. And whenever you have a bear market come along the great excesses of the previous period are the ones that get cleaned out the most."

He'll be watching - from Singapore.

[Jang-A-Lang]

GUANGZHOU, China (Reuters) - Millions of Chinese faced a humanitarian crisis on Friday, as petrol and food reserves dwindled and yet more bad weather was forecast for a country paralyzed by record-breaking cold and snow

More than 160 counties and cities in central China were suffering blackouts and water shortages, Xinhua news agency said, including Chenzhou, in Hunan province, a city of 4 million that has been without power and water for more than a week.

"Many trees are severed and power lines have collapsed. It's like we have experienced an air raid or lost a battle," a Chenzhou hotel worker told Reuters by telephone. "It is a complete mess. We are hungry and cold."

Some 250,000 troops had been mobilized as of Friday to help with disaster relief and the army sent an armored personnel carrier to clear one ice-covered highway, Xinhua said, as millions geared up for a cold, dark Chinese New Year next week.

Stricken areas of south and central China are suffering the worst winter weather in half a century, with at least 60 people dying in weather-related accidents.

Premier Wen Jiabao again visited Hunan, with state television showing pictures of him telling provincial officials to do all they could to restore power and other services.

Miners are working overtime and coal has been given priority to speed through the rail network as Beijing fights the country's most serious power crisis ever.

"Ice on power cables is so thick that it is impossible for the power cables to carry their weight and power pylons have collapsed," Zhu Hongren, an official with the National Development and Reform Commission (NDRC), told a news conference.

State television said Chenzhou's petrol reserves could only run for another seven days and its rice could feed residents for another five days.

Cooking oil and vegetables were also running out, with prices surging. Residents were relying on fire engines for rationed drinking water, it said.

RESIGNATION AND ANGER

In hard-hit Guizhou province, prices of petrol and candles have quadrupled with the country already facing its highest inflation in more than a decade.

The Ministry of Communications said trucks carrying farm goods would be exempt from highway tolls.

Zhu said the disaster had taken an economic toll, but added that "underlying fundamentals" were still sound.

"If we take a long-term view, such a disaster will be a temporary one, and therefore its impact on the economy will be short-term," he said.

But Hunan, Guizhou and Jiangxi were all facing fresh storms, and Zhu said the extreme weather could last another 10 days.

Some took to Internet bulletin boards to complain the government had ignored them, though frustration has so far not boiled over into large-scale unrest.

"We are almost totally cut off from the outside world, with no water and no power," Sanllyzhao wrote from Bijie in Guizhou.

"Please wake up Guizhou government!"

Nearly 6 million passengers have also been stranded on trains or in railway stations in the past week.

On Friday, the railways were creaking back into action and the key link between Beijing and Guangzhou had been restored. Numbers waiting in Guangzhou's station were down by half from a peak of 800,000, but that still left hundreds of thousands of travelers scrambling to board delayed trains.

For millions of China's migrant workers, next week's Lunar New Year holiday is their only chance to see family all year.

In Guangzhou, travelers needed luck as well as a ticket.

"It's not looking good," said Hu Lin, an environmental assessment official from Hubei province. "This is like if you prepare dinner for two and 200 people show up."

[Jang-A-Lang]

China's FDA Shapes Up: Good News for China Pharma, Aida, Sinobiomed

posted on: January 31, 2008 | about stocks: AIDA.OB / CPHI.OB / SOBM.OB

2007 was a bad year for SFDA (State Food and Drug Administration), China's equivalent of FDA, and this has translated into an equally challenging year for many Chinese pharmaceutical companies. For as drugs awaited the green light for commercialization, a bribery scandal erupted among top SFDA officials, throwing approval time lines into disarray.

In December, the former Deputy Secretary General of the China Pharmaceutical Association was sentenced to 7 years in imprisonment after being found guilty of accepting bribes. This follows two death sentences meted out to SFDA administrators earlier in the year, which has already resulted in a summary execution.

It now appears things are back to normal at SFDA, and this should be a huge relief to many pharmaceutical firms, including several C.O.P. companies. Just Tuesday, China Pharma Holdings (CPHI.OB) announced that its generic Bumetanide injection product has received approval. Bumetanide is a diuretic used for the treatment of cardiovascular and kidney diseases, among others, and is expected to boost CPHI's 2008 revenues by $2 million. This may not be a big sum, but the company has three other products in the approval queue, including two that have already completed technical testing and are just awaiting administrative sign-off.

Not only is this good news for CPHI, it illuminates the company's excellent standing with SFDA as this appears to be the first drug to have received approval this year, not counting Calypte Biomedical Corp.'s (CBMC.OB) HIV test kit which received technical (but not final) approval earlier this month.

So what other companies can look forward to getting news from SFDA? Two spring to mind. First, Aida Pharmaceuticals (AIDA.OB) should be getting word on its anti-cancer gene therapy product in the near future. This drug, Rh-Apo2L, is slated to enter into its last phase of technical testing and is expected to receive final approval later this year. Another company is Sinobiomed (SOBM.OB), which has four drugs in various technical testing phases. The one furthest along appears to be anti-bleeding agent rBAT (Recombinant Batroxobin), which should obtain approval before the year is over.

This back-to-business mode at SFDA should also provide incentives for drug companies to step up submission of new drugs for testing, ultimately creating momentum for the industry as a whole. In short, 2008 should be a much better year for Chinese drug makers, and this alone is cause of cheer for us pharma investors.

My Position: Long CPHI.OB.

[Jang-A-Lang]

You know anything about CFSG?

http://finance.yahoo.com/q?d=t&s=CFSG

[Prince_among_thieves]

thanks Bo im the mod there... Hey do u trade/invest other stocks besides China. come by and say hi @ The winners circle.

[Jang-A-Lang]

I don't mind at all.

[Prince_among_thieves]

thanks bo jangles u mind if i repost it on the the board?

[Jang-A-Lang]

Actions Semiconductor Reports Fourth Quarter and Full Year 2007 Results
Monday January 28, 4:15 pm ET


ZHUHAI, China, Jan. 28 /Xinhua-PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS - News), one of China's leading fabless semiconductor companies that provides comprehensive mixed-signal system-on-a-chip (SoC) and multimedia digital signal processing (DSP) solutions for portable consumer electronics, today reported financial results for the fourth quarter and year ended December 31, 2007.
ADVERTISEMENT


All financial results are reported on a U.S. GAAP basis.

Revenue for the fourth quarter of 2007 was $32.3 million, a 20% increase over revenue of $27.0 million for the third quarter of 2007, and a 35% decrease from revenue of $49.5 million for the fourth quarter of 2006. Revenue for the year ended December 31, 2007 was $116.6 million, a 32% decrease from revenue of $170.2 million for the year ended December 31, 2006.

Net income for the fourth quarter of 2007 was $19.4 million, or $0.23 per ADS, compared to $10.3 million, or $0.12 per ADS for the third quarter of 2007, and compared to $21.3 million, or $0.25 per ADS for the fourth quarter of 2006. Included in net income for the fourth quarter of 2007 was a $5.9 million tax refund, or $0.07 per ADS, resulting from a tax refund relating to a program Zhuhai Municipal Tax Bureau formed to encourage local business development of Foreign Invested Enterprises. Net income for the full year of 2007 was $52.2 million, compared to $74.6 million reported for the full year 2006. Net income per ADS was $0.61 for 2007, compared to the $0.87 per ADS reported for the full year 2006.

Actions Semiconductor reported operating margin of 32.9% and gross margin of 52.9% for the fourth quarter of 2007. For the full year of 2007, operating margin was 30.3%, and gross margin was 51.2%. The Company ended the year with $241.8 million in cash and cash equivalents together with time deposits, restricted cash and short-term marketable securities.

"We were pleased to finish 2007 with solid results for the fourth quarter," commented Nan-Horng Yeh, Chief Executive Officer of Actions Semiconductor. "Excluding the tax refund, both revenue and net income were in line with our expectations for the fourth quarter. Additionally, both operating and gross margins improved sequentially as a result of our cost migration and expense management programs. "

"During 2007 we laid the foundation for the next phase of the company's development. We focused on improving our business fundamentals by maintaining our solid financial position, strengthening our engineering team, expanding our product offering, and targeting new markets internationally. With a complete product mix and an enhanced team in place, we believe we are better positioned to continue our long-term growth strategy," concluded Mr. Yeh.

Business Outlook

The following statements are based upon management's current expectations. These statements are forward-looking, and actual results may differ materially. The company undertakes no obligation to update these statements.

For the quarter ended March 31, 2008, Actions Semiconductor estimates revenue in the range of $20 to $23 million, and, fully diluted earnings per ADS of $0.06 to $0.08.

[Prince_among_thieves]

mister BOJANGLES mister BOJANGLES DANCE !!!!!!!! $$$$$$

[Jang-A-Lang]

In GA here at 10.29.

[Prince_among_thieves]

very true, been doing this for some time consistently getting 100-1000% returns. From swing to even longer holds, look at My recent 500%++ stock coin.

Though i rely more on technicals for my trading, fundamentals for my longterm investments


be good

[May Lee]

Many tools to be used...knowing and understanding them is important!

[Prince_among_thieves]

no using chart and good fundamental analysis
=]

[TheBrick]

WOWWA there my good friend, arn't you being to optimistic?

[TheBrick]

Will look into those picks...add CJGH .84 (chinese steel ball bearing manufacturing plant)financials on there web site!