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For some reason the market is less than impressed, $100.00 trade this morning took this down .30 cents since yesterday?
10Q coming tomorrow or Thurs!
Wonder if SHDEW hit $1 Bill in revenues yet lol. They rate they are growing I wouldnt be shocked.
10Q will be dropping anytime, will be one for the record books!!
Thanks DDV, crazy how undervalued this one is!
SRRE under the radar. They are a Chinese real estate company, with many investments in other industries. Market cap currently $37 mil
*On October 29, 2018, the Company’s Board of Directors declared a cash dividend of $0.10 per share payable January 28, 2019 to shareholders of record as of December 28, 2018. The ex-dividend date will be December 26, 2018.
*$198 mil in assets to $79 mil liabilities
*$10 mil cash in hand
*$28 mil net income first 6 months 2018
*$66 mil in properties (housing developments)
*20.5% stake in SHDEW, one of the largest cosmetics companies in China, on pace to do $1 bil in revs this year, $172 mil in net income first 6 months.
*CEO and directors own 67% of the 68 million OS
Upcoming catalysts :
*10Q expected end of this week
*Dividend of $0.10 for all shareholders as of record 12/28/2018.
66 mil in housing developments. Interested to see how many units they sold this Q
28 mil in net income first 6 months of 2018
67% insider ownership. This is a beast of a set up. 10Q coming and dividend in December. This will be a runner.
Their SHDEW value has grown 30 mil both quarters in 2018 for about 63 mil total. Just unreal, monster.
These numbers are amazing. We just need to get the word out.
lol. SRRE will be hitting $10.00 why the hell would they be delisting
No trading today with the Q a few days out!? Strange
This is only the beginning.
I love your DD package.
SRRE 10Q next week will be fun. I am expecting another huge profit quarter
SRRE DD packet. Just the numbers/facts
SRRE book value per share over the years (stockholders equity / outstanding shares)
2014
(-3,292,353)/ 68,691,925 = $-0.04792925806 per share
2015
(-9,711,025)/ 68,691,925 = $-0.1413706924 per share
2016
(17,066,520)/ 68,691,925 = $0.24845016353 per share
2017
(83,598,780)/ 68,691,925 = $1.21701029633 per share
Current (2018 after 6 months)
(110,049,229)/ 68,691,925 = $1.60206936987 per share
So SRRE book value has been increasing a little less than a dollar a year over the last 2 years and current book value is over 1$ more than current share price!
A lot of this has to do with SRREs winning equity investment in Shanghai Da Er Wei Trading Company Limited which i will refer to as SHDEW. SRRE bought 30% of SHDEW when it started back in 2013 and still owns 20% of the company. Here is SHDEWs historic numbers.
SHDEW 2014
Revenue: 2,062,232
Net profit: -860,154
Equity: 5,376,312
SHDEW 2015
Revenue: 30,559,569
Net Profit: 7,715,146
Equity: 11,780,768
SHDEW 2016
Revenue: $485,287,783
Net profit: $132,936,415
Equity: $145,667,618
SHDEW 2017
Revenue: $743,253,100
Net Profit: $342,843,033
Equity: $219,337,694
SHDEW 2018 through 6 months
Revenue: $410,887,510
Net Profit: $177,035,906
Equity: $396,214,174
So SRRE owns 20% of a company that is probably going to make over $800 million in rev, and $350 million in net profit just this year. Also note the huge equity jump of almost 180 million this year alone after just 6 months!
SRRE also is paying a cash dividend of .10 per share. At its current price of .60, that gives the dividend a yield of 16.666% which would make it one of the highest in the whole market. The ex dividend date is December 26th.
lol you are just hilarious
Kind of sounds like money laundering using a pubco to do it. Well yesterday was exciting, today not so much, practically everyone who got caught up in the hysteria are underwater today. 7 weeks till the dividend, a long time in OTC land. I may have to lower my bid if this downtrend keeps up.
SRRE DD package!!
https://twitter.com/PennyStalker01/status/1060187116737568768
This thing hits 4$ and it running Wild no stop in sight love this stock best financials I've ever seen in otc
That’s exactly what I said to myself when I read them last night! It was insane....and then the float just makes it that much better. NO DILUTION or anything negative that I could find. How bout the Millions (“The Rock’s voice”) AND MILLIONS in cash and revenues and profits? Best part is, this is real estate.....it’s not a bogus direction change to capitalize on what’s trending in the market. Real deal here
I am working on a DD package now. This is one, if not the best, 10Qs I've ever read on a penny stock.. well, won't be in the penny's much longer
less than 1M shares traded in the past 10 years
What's the float here?
I talked to a few Chinese friends. I think this is what is happening here for SRRE.
Due to the China-US relation now, it is really hard for Chinese companies to get their money in Chinese Yuan to USD (this is also why silicon valley housing price is dropping). The Chinese government doesn't allow the bank to convert big amount of US dollar any longer. And Chinese Yuan are dropping hard recently. The only way for a company to get US dollar in a legitimate way is through US listing/IPO.
For SRRE, they have huge profit in terms of Chinese Yuan, and they are already listed in US market. They can do
1. divy to reward themselves in US dollar ( easy way to get USD from China, otherwise, it is impossible to get so much USD from Chinese government )
2. Uplisting to major US market and attract more US buyers that they can sell their shares into
Based on this analysis, SRRE will most likely divy every quarter as their quarter profit really skyrocketed in the past few years.
Just my understanding. If so, the few Chinese OTC companies should be the next wave out there.
Id like to get some in the .25 cent range, any chance of that happening before the Q?
Been pounding the table for months about how great $Srre is. Glad to see its finally getting discovered. Next Q should come out middle of this month and i expect another big increase in book value.
Nobody knows about this! Maybe they’ll find it when they scan through everything and see that we were up 135% on 21k volume ;)
Today's gains are just a drop in the bucket for what's to come. Lock those shares up for muti dollars. This one is way under the radar still!
surprisingly very little profit taking today
https://ih.advfn.com/stock-market/USOTC/sunrise-real-estate-group-inc-pn-SRRE/trades
I have a gtc set and thanks to your twitter feed is how I discovered it. But theres better than 7 weeks to go before the x date, looking at todays action SRRE could be a serious swing trade candidate.
Up 142% on nothing? Twitter is a flurry of pumps
SRRE is listed as penny stock exempt. This should be the real deal.
Agreed, 200 mil in assets at current prices isnt a pump, it is a gift. Oh then you get .10 per share in December.
I wouldn’t call it a pump by any means, just raising awareness while people waste their time with dark defunct garbage in the OTC. This is one of the best I’ve come across
Just saw SRRE being pumped on Twitter, missed this mornings low but theres plenty of time to amass a position, x date isnt for 6 weeks.
Looking good so far
Found this one last night, got in this morning. I can say with certainty, I’ve never read better financials on an OTC stock with a SS like this. I think we can easily blast into dollars later
Close, just a hop, skip and jump away.
No one selling! Love it! Should see $2 very soon
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Sunrise Real Estate Group, Inc. Suite 701 No. 333 Zhaojiabang Road Shanghai 200032 China
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