Shengfeng Development Ltd (SFWL)

[PennyPusher786]

For now, ima keep looking to see if this does go closer to 1.50 again... but it could pop any day... a 1000 share purchase sounds safe enough for me... going into the weeks ahead

[subslover]

Hey PennyPusher, thank you for this info, I went to that 6k filing and the company only has 20 million shares outstanding. Now I have to admit about from what you posted, this stock is grossly undervalued! IMHO. I doubt many know about this baby but it makes sense to just take a position as the China syndrome could be contagious here. I think $5.00 is a fair value here but gimme $3.00 and I'm off to the bank! :)

[Invest-in-America]

SFWL; Would be nice!! (And THANKS for that DD!!!)

[PennyPusher786]

Interesting no doubt....

Look at the 6k from mid year last year...

I have a feeling this has a bounce to 4-$6 in it yet

They've been in business since 2001... they operate in Chinese Yen, but report in USD... the crash of the dollar won't effect their businesses.... they made revenue of 183 million usd in the previous fiscal year... sounds sustainable to me...

Maybe a day is soon coming that there is a run to 15 - 20$ .... followed by a dump and perhaps settle around 5-8? Instead of this 1.50 - 1.90s nonsense... the share price should be at least 2 - 3 times higher than current levels....

Good find Sublover

[PennyPusher786]

I'm looking through their filing: Form 6K... have a look...

Looks like they have some good numbers...

For the six months ended June 30, 2023 and 2022, our net revenue, mainly generated from providing transportation and warehouse storage management services, was approximately $185.0 million and $166.5 million, respectively. Our total net revenue increased by approximately 11.1% during the half year of 2023 compared to the same period in 2022, which we believe is due to our stable business development. We recorded net profit of approximately $6.5 million and $2.5 million for the six months ended June 30, 2023 and 2022, respectively.

Revenue up 11.1% Year Over Year



Net Income up 163.3% Year Over Year

[Invest-in-America]

SFWL: And one last note about that MOVIE, Dude!! The producers thereof DESPERATELY wanted the then SHIRLEY TEMPLE to play "DOROTHY"!! However, Temple's studio would NOT let here do that. Instead, they had to 'settle for' Judy Garland. But, she was aged SIXTEEN, so they had to STRAP-IN her blooming BOOBS!!! To make her look like a circa 7-year-old kid!! Hey, if Ms. TEMPLE had played that role, "The Wizard of Oz" would have been ONE-HUNDRED-TIMES more historically EPIC than it is today!!! NOT to trivialize that OTHER 'girl' --- well, then a full-blood TEENAGER!!

[PennyPusher786]

Interesting. Thanks for that. Never looked at it that way.

[subslover]

Notice how some of these China stocks have a delay in taking off with the news? Might be a good move to take a position here and wait to see.

[subslover]

So this just came out like 1/2 hour ago. Hmmmm. I know that dino kicked ass in this one couple months ago

[TheFinalCD]

https://ih.advfn.com/stock-market/NASDAQ/shengfeng-development-SFWL/stock-news/93278301/form-sc-13g-statement-of-acquisition-of-benefici

[Awl416]

Haha

[Awl416]

another halt lol

[Monksdream]

The pps was $2.40 at the opening bell on Wednesday

[Awl416]

Not you again

[subslover]

She be running dino

[MiamiGent]

SFWL Just covered my short for a 20% gain
presently $2.72 -2.07 (-43.28%)

Shorted @ 3.39
covered @2.72

https://stockcharts.com/h-sc/ui?s=SFWL

The lesson: If you scour for a runner and not seeing anything good, look for a stinker :)

As I'm trying to lose weight and it was a paper trade for "lunch money", it works fine!

MiamiGent

Tuesday, December 19, 2023 10:33:23 AM
Post# 647545 of 647566

SFWL $3.39 -1.40 (-29.23%)

Going short here, on paper (faux trade)
Not even aware if short shares are a

Extremely risky to short a low PPS as this. NOT A RECOMMENDED PLAY

Looking for a few % on a slow news day, lunch $$

https://stockcharts.com/h-sc/ui?s=SFWL

[MiamiGent]

SFWL $3.39 -1.40 (-29.23%)

Going short here, on paper (faux trade)
Not even aware if short shares are avail.

Extremely risky to short a low PPS as this. NOT A RECOMMENDED PLAY

Looking for a few % on a slow news day, lunch $$

https://stockcharts.com/h-sc/ui?s=SFWL

[Zorro]

Interesting! The curtain is slowly being pulled back, but probably too late.

[Invest-in-America]

SFWL: In the original (1900) "Wizard of Oz" BOOK --- upon which that (1939) MOVIE was later based --- the "Yellow Brick Road" was a symbol for the then "GOLD STANDARD", which backed the US Dollar. That whole movie represented the conflicting 'Political' agendas of that time, amongst the then candidates running for US President!! The movie's "TIN MAN" represented the "SILVER STANDARD", which one candidate wanted to deploy as a REPLACEMENT of the traditional GOLD STANDARD. And on, and on, and on, throughout that entire purported "CHILDRENS" book & later movie. GO-FIGURE!!

PS: The "Wizard" symbolized President William McKinley, who was assassinated, and supplanted by then (1900'ish) Vice Pres., Teddy Roosevelt.

[Zorro]

Lol! Off to see the wizard I guess.

[Invest-in-America]

Where's our Homeboy DINOGREEVES, for God's Sake!!!!!




(That's Ms. Taylor Swift, by the way --- in case you didn't RECOGNIZE her, Mr. ZORRO!!!!)

[Zorro]

Follow the yellow brick road;)~

[Invest-in-America]

SFWL: What is going on here???

[dinogreeves]

Possible the next 100 dollars plus runner.