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BEST of luck with your investments here.
closed green.. it is getting ready
I dont see BEST rocking anything today but good luck with this.
BEST added 7k today
BEST will rock watch today.. HIT THE FLOOR
BEST Q1 lowlights:
We had a net loss of ($554,520) during the three months ended March 31, 2012, which was a $1.5 million, or 155.2%, decrease from a $1.0 million net income during the same 2011 period. The decrease in net income was mainly due to increased labor costs, depreciation of our new property, no other income from a former landlord (related to payments received for vacating a leased property early in 2011) , offset by an increase in subsidy income.
Our selling, general and administrative expenses increased by 98.1%, or $1.1 million, to $2.3 million for the three months ended March 31, 2012, compared to $1.2 million in the same 2011 period. General and administrative expenses include rent, management and staff salaries, insurance, marketing, accounting, legal, and research and development expenses ("R&D"). Although we have strict standards to control our general and administrative expenses, during the 2012 period we increased our R&D expenditures, as compared to the 2011 period. The increase in selling, general and administrative expenses is mainly due to an increase of $0.5 million in R&D expenses and an increase of $0.2 million for marketing activities.
http://biz.yahoo.com/e/120521/best10-q.html
I watch for the proof, thanks. I suspected that in 09 and 2010.
i guess this year will be very profitable...
Earnings for 2012 need to be at least .20 in this sector, IMO.
A 5x P/E valuation is about as much as the best of the US listed Chinese companies is receiving currently.
I sold my shares reluctantly because of poor earnings. Full year earnings of only .06 do not justify more than a 10x valuation or .60 IMO, I dont care where you are based or what exchange you are listed on.
I will watch for Q1 earnings to see if things are improving, but they are going to have to be pretty impressive to persuade me back in.
Q1 will be released soon. last year 75 million dollars revenue earning per share 6 cents
http://www.google.ca/finance?q=NASDAQ:BEST&fstype=ii
Thanks Blue. How much did they earn per share in Q1? I have been out of this stock for close to a year. I did see the news of the partnering with the German company last year, has this helped to improve the bottom line?
they are partner with german company. that german company is huge. 75 million dollars revenue definitely is enough plus they have juts 12.7 million float
until august 27, 2012
Have not Blue. I owned this for years so pretty much understand the business. I am concerned that they will not be able to get the stock price above a buck soon enough to avoid delisting, and the last couple of quarterly earnings were not strong enough to keep me in this anyway.
Do you know how much time they have left to stay NASDAQ compliant?
ok.. did you check ibox a little bit updated..
Sorry Blue, been out of Shiner for quite awhile now. I dont have any interest in it anymore.
BEST closed 3% up... it is ready to hit 1 dollar plus
huge news from German Treofan website about BEST partnership http://www.treofan.com/images/stories/documents/Treofan_Press_Release_Global_Partnership.pdf
BEST partner German Treofan http://www.treofan.com/
BEST signed global partnership with German Treofan and Alliance Packaging
– Mon, Oct 24, 2011 6:01 AM EDT
Shiner International (BEST) announced that it has signed a strategy alliance agreement with The Treofan Group, Germany and Alliance Packaging, Hong Kong which the company believes will boost the partners' geographical reach and product offering, and create significant global growth opportunities. Under the terms of the agreement, sales and research teams from the partner companies will collaborate. Shiner will gain access to Treofan's advanced technologies for tobacco films and packaging for sale in the Chinese market; Treofan will have exclusive responsibility for marketing and sales of coated films and tobacco films for Shiner in Europe and the Americas - Canada excluded; and Alliance will have the primary responsibility for sales and marketing for all packaging films from Treofan and Shiner in the Asia-Pacific market. The partnership will provide the partners' customers with a much broader range of high-end global packaging film and related services.
http://finance.yahoo.com/news/Shiner-Int-l-signs-global-theflyonthewall-3390055434.html?x=0&.v=1
BEST 23.4% up just 3.2k volume
welcome to the board good to see you here.. very thin..
last year.. lots of shares shorted.. some buysss will trigger short squeeze
It looks good, when was it published? Im still looking it on the sideline. I will have some funds this week for this new adventure ;)
BEST float 12.7 million.
http://www.shinerinc.com/library/Redchip%20Initial%20Report.pdf
RESEARCH REPORT: TARGET 2.50 DOLLARS http://www.shinerinc.com/library/Redchip%20Initial%20Report.pdf
BEST closed at .50 good week..
Top 3 Companies in the Commodity Chemicals Industry With the Highest Earnings Yield (CMT, FFHL, BEST)
Mallory Stone
Apr 25, 2012 (Fast Lane via COMTEX) --
Below are the three companies in the Commodity Chemicals industry with the highest earnings yields. Earnings yield is useful to compare the relative benefit of owning a stock vs. owning other yield assets such as bonds. If the earnings yield is higher, stocks may be considered undervalued.Core Molding Technologies (AMEX:CMT) is highest with an earnings yield of 16.9%. Core Molding Technologies, Inc. is a compounder of sheet molding composites (SMC"s) and molder of fiberglass reinforced plastics. The Company"s processing capabilities include the compression molding of SMC"s, vacuum assisted resin infusion molding, and spray up and lay up processes. Core Molding produces fiberglass reinforced, molded products and SMC materials for varied markets. Core Molding Technologies has traded 14,000 shares thus far today, vs. average volume of 46,000 shares per day. The stock has underperformed the Dow (-0.5% to the Dow"s 0.6%) and underperformed the S&P 500 (-0.5% to the S&P"s 1.0%) during today"s trading.
Following is Fuwei Films Holdings (NASDAQ:FFHL) with an earnings yield of 16.3%. Finishing up the top three is Shiner International (NASDAQ:BEST), with an earnings yield of 14.6%. ---------------------------------------------------------------------------------------------
Financial News Network Online (FNNO) is a leading provider of digital financial news content for distribution on the web. You can count on FNNO to bring you the latest market news, earnings reports, analyst comments, economic data reports and more. Visit http://www.fnno.com today.
Copyright, Comtex News Network, Inc. 2012
grab some they must bring over 1 dollar level..
Not much volume today, under the average. Like u said, volume will throw it up.
some volume it will rock this one to over 1 dollar level
Thanks B, long term wedge there.. Might see some nice volume come in soon.. Nice find. $BEST
that is another reason this stock will trade over 1 dollar
until August 27, 2012.. it must trade 10 days consequently over 1 dollar price..
If Shiner cannot demonstrate compliance with Rule 5450(a)(1) by August 27, 2012, NASDAQ will provide notice to Shiner that its securities may be delisted. At that time, Shiner may appeal NASDAQ's decision to a Listing Qualifications Panel.
bid price of its common stock had closed below $1.00 per share, the minimum closing bid price required by the continued listing requirements set forth in Listing Rule 5450(a)(1), and that, pursuant to Listing Rule 5810(c)(3)(A)
what is this?
Shiner International Receives NASDAQ Notice of Minimum Bid Price Non-Compliance
yeps closed over 50MA.. it will break 200MA in the morning then golden cross, lol i am not a chartists guy, i prefer DD
The ma 5-10 are about to cross and soon the 20. It also closed above the ma50. Very bullish imo
BEST will rock, you will see.. today 40% gain will alert many screens
The chart have bottomed in .30 3 times. I see accumulation. It can run imo
FIRST WILSHIRE SECURITIES MANAGEMENT INC holds 2,577,024 shares 9.22% of outstanding shares as of Dec 31, 2011
http://finance.yahoo.com/q/mh?s=BEST+Major+Holders
BEST revenue increased 220% between 2009 and 2011
BEST revenue 75.2 million dollars in 2011
http://www.google.ca/finance?q=NASDAQ:BEST&fstype=ii
BEST revenue 58.1 million dollars in 2010
http://www.google.ca/finance?q=NASDAQ:BEST&fstype=ii
Seems a good co, their products can be use in a lot of different industries. Their main revenue come from tobaco products if i understand well.
BEST Revenue 34.5 million dollars in 2009
Check this last 4 years the same. actually it was 8 dollars in 2008 http://www.google.ca/finance?q=NASDAQ:BEST&fstype=ii
No it is long time the same
Tomorow will be very interesting
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Coated Films, BOPP Tobacco Films and Color Printing!
http://www.treofan.com/images/stories/documents/Treofan_Press_Release_Global_Partnership.pdf
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