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Where do you see this going? Is this a good time to buy? thanks
ZSTN Regsho data for Monday May 16, 2011
Short shares 26,398
Total volume 113,574
= 23.2%
Volume per IHUB 176,890
Trading activity - many 100-200 trades.
----------------------------------------------
ZSTN Regsho data for Friday May 13, 2011
Short shares -- 29,359
Total volume --123,769
=23.7%
Volume per IHUB 203,348
Interesting discrepancy in share data for May 13, 2011
FINRA REGSHO data shows
Short shares -- 29,359
Total volume --123,769
IHUB show total shares traded = 203,348
Why the discrepancy?
ZSTN in merger/partnership talks with ECDC!
CEO letter to shareholders on Friday May 13, 2011 confirms that ECDC is in talks with ZSTN.
http://www.earthsearch.us/sites/default/files/EarthSearch%20Letter%20to%20Shareholders.PDF
This is an incredible partnering of innovative GSP/RFID technology (ECDC) with huge existing market applications in China (ZSTN).
Shorts need to cover now. They may try to undermine this announcement with scary talk so that they can keep the price low while they cover. Take everything they post with a BIG grain of salt...
FINRA REGSHO Data for ZSTN May 13, 2011
Short Volume --29,359
Short Exempt volume --1537
Total volume --123,769
23%
Looks like it may try to test that 3.30 Hopefully it bounces right off, great opportunity to accumulate anyway!..
http://stockcharts.com/h-sc/ui?s=ZSTN&p=D&yr=0&mn=3&dy=0&id=p05508325136
need this to turn upwards! this is a great stock. Target price of $14 on bloomberg over 20 banks/companies avg estimate
IF the MACD stays positive, this could go places from here!
http://stockcharts.com/h-sc/ui?s=ZSTN&p=D&yr=0&mn=3&dy=0&id=p05508325136
5 of Last Week's Biggest Winners - MotleyFool
http://www.fool.com/investing/general/2011/05/09/5-of-last-weeks-biggest-winners.aspx
Welcome Honest_Devan as new mod.
thats weird... zstn has an avg target price of 14 dollars ECDC is .05 total haha LOL
congrats! It sure popped today... ZSTN looks solid as well!
Thanks, just thought I'd see if there were any new items from your board as well. ;)
ECDC ZSTN Oh yeah!!!...I've been stockpiling up on ECDC (also on ZSTN) over the last month. At the dirt cheap prices ECDC has been running at for the type of company and products they offer and the potential markets to tap, they're basically giving it away. Buy it at these prices while you can because this company and stock is going nowhere but up...quickly.
Chat all over ECDC about ZSTN in 'talks' to work with and or merge with ECDC. Anyone here know anything about it?
i held today will hold all year unless some how this stock gets overbought way up. My gf's dad owns a similiar company in panama it works very well. Besides the obvious transportation modes, companies buy these for their fleet of trucks or vans to make sure they are doing the job they are sent to do and allows the boss to keep an eye and save him money in the long term etc. With the amount of people in china and this being the leader... wow this could be a monster.
what else are people looking in chinese plays/holds/buys
oh yeah this baby is fine!
ZSTN First quarter 2011 revenue increased 98% year-over-year to $33.8 million - First quarter 2011 net income increased 166% year-over-year to $5.2 million nice little pop...Im expecting much more in next week or two
thanks Bob! waiting on the earnings tomorrow!
im loving it man! the chart looks amazing, earnings out tomorrow as well. We're gonna bounce back I think the explanation of the shorting makes a lot of sense and a lot of people arent sure whats going on with chinese stocks just as a lot of people on these penny stock boards, but as far as charts we are looking great! I believe this company is putting themselves on the line with all these explantations that came out really fast unlike enron with no explanations only investigations then the truth ahaha
Tomorrow looks promising with the pps up. A little anticipation here.
agreed earnings report should prove this
This PR today cleared things up IMO. The only filings that are audited are the SEC. The ones in China are just a formality and are unaudited. ZSTN should be back where it belongs soon.
Some were loading up at the end of the day.
Good luck to you
Nice article. Thanks
ZSTN Good article and discussions on the Yahoo finance page on ZSTN, most of which are very positive about the company. You can check them out for more detailed discussion. I have borrowed a couple exerpts there from author MarkSharky which are insightful for what it's worth:
"There are several legitimate reasons for SAIC reported financial statements not to match those numbers filed with the SEC. First of all, the SAIC is the business registrar and not the Chinese equivalent of the SEC. The SAIC does neither review nor audit financial statements submitted with the annual inspection report. Most companies see the sole purpose of an SAIC filing in getting their business license renewed, and some even hire a third party to do the filing for them."
"Another reason is the difference in accounting principles. Chinese documents are audited under PRC GAAP, while SEC filings are based on U.S. GAAP standards for financial reporting. There are many differences between those standard, starting with how revenue is recognized. I can't get into detail here but the bottom line is that certain key numbers don't have to be the same in order to still both be correct.
Roth Capital points out several other possible reasons for divergent filings:
Business Consolidation: In China every legal entity has to file its own annual inspection report with the SAIC. This includes every individual division or subsidiary of the U.S.-listed company and a separate report from the parent company. Sometimes the parent report is consolidated while other times it is not. According to Roth, inter-company transactions might be treated differently than in the U.S.: "For U.S. GAAP purposes, inter-company transactions are treated carefully to avoid double counting. However, for PRC tax purposes, PRC tax professionals may seek to use inter-company transactions in ways to minimize tax. This includes using different consolidation approaches and/or using inter-company transactions to allocated profits to entities that are subject to lower tax rates (including Hong Kong companies or PRC entities that have special tax benefits)."
I also borrowed this link from the Yahoo discussion board which describes the difference between SAIC and SEC filing, explains why there is a difference between SAIC and SEC filing of ZSTN, and gives more evidence that ZSTN is not a fraud.
http://china.fixyou.co.uk/2010/07/on-saic-and-sec-filings.html
I personally only have a few shares of ZSTN so don't care too much either way, but am thinking about loading up at these prices since I'm sure this will be rebounding back up soon...
Earnings will be good...they always are. Can you trust them? I don't know
I know what you mean. I read an article that slammed ZSTN, but the guy admitted that he was shorting it so I don't know what to think. I'm interested in seeing the earnings on 5/9
CCME was Forbes #1 pick. I have nothing to back it up...but does seem fishy
Good move. We'll see it run due to the fundamentals being so solid, the earnings release on May 9th, and the fact that we're coming off a 52 week low.
This company had over 100% growth in 2010.
$400,000 up front plus 76,010 annual service fees.
ZST Digital Networks, Inc. Signs Jiyuan Commercial GPS Tracking and Services Contract
8:00a ET April 14, 2011 (PR NewsWire)
ZST Digital Networks, Inc. (NASDAQ: ZSTN) ("ZST" or the "Company"), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announced that it has signed an agreement with the Jiyuan Universal Taxi Leasing Company ("Jiyuan Universal"), a company located in Jiyuan City in Henan Province, to provide GPS tracking and monitoring products and services for Jiyuan Universal's fleet of over 1,300 taxis.
Under the terms of the agreement, ZST Digital will install its GPS tracking and monitoring units and accompanying accessories including digital camera systems and voice announcement systems in Jiyuan Universal's fleet of 1,382 taxis. Following installation and configuration, ZST Digital will provide training to Jiyuan Universal's staff on the GPS hardware and systems operation. The terms of the agreement include an RMB2.8 million (approximately US$0.4 million)(1) upfront payment by Jiyuan Universal to ZST Digital for the hardware, installation and first year service fee. After the first year, Jiyuan Universal will pay an annual service fee of RMB360 (approximately US$55.00) (1) per installed GPS unit.
The Company's GPS positioning devices are an internet based system with numerous features, including but not limited to real time GPS tracking and monitoring, WEBGIS platform with live updated maps, alternative positioning systems and other value-added functions such as speed limiting and vehicle exhaust emission testing. These features are well applied to government efforts to promote environmental protection and energy saving. In addition to the hardware, which ZST Digital installs and service, the Company operates a 24/7 call center to handle subscriber queries and emergency calls. As a result, the Company's GPS segment generates both one time revenue from the sale and installation of products, and recurring revenue from the service contracts.
Mr. Zhong Bo, Chairman and Chief Executive Officer of ZST, commented, "This new contract with Jiyuan Universal demonstrates the growing demand for efficient and effective transportation fleet management systems among a broad scope of commercial enterprises in Henan Province. We believe that our entry into the taxi market in Jiyuan City will provide a clear case study to support the expansion of our GPS products and services into taxi markets in other cities and counties in Henan Province. We have successfully expanded our GPS segment in every quarter since launch in late 2009, and this latest contract adds further momentum behind our efforts to become the leading commercial GPS tracking systems and services provider in Henan Province. We will continue to seek additional opportunities to expand our GPS customer base and remain confident in our ability to grow this segment in the year ahead."
(1) The amount in RMB was translated to U.S. Dollars using the spot rate of US$1 = RMB6.535 for April 8, 2011
That's funny...Forbes doesn't think so. Do you have any reasoning to back up the "scam". If so, it would be extreemely helpful. Thanks.
ZST Digital Networks, Inc. Named to Forbes 2011 "China's Best SME" List
8:00a ET March 31, 2011 (PR NewsWire)
ZST Digital Networks, Inc. (Nasdaq: ZSTN) ("ZST" or the "Company"), a major developer, manufacturer and supplier of digital and optical network equipment to cable system operators and provider of GPS tracking devices and support services for transport-related enterprises in China, today announced that the Company has been ranked in the top 150 on the 2011 Forbes "China's Best SME" list at an awards ceremony hosted by Forbes China on March 25, 2011 in Shanghai. Attendees at the ceremony included famous entrepreneurs, bankers, leaders in the investment community, company founders and venture capitalists who appear on "Forbes China's Best SME" list, as well as Forbes readers. Topics of discussion included the development of SMEs and other high-growth enterprises amidst the current economic climate. ZST's senior vice presidents Zhong Lin and Xue Na attended the forum, and Mr. Zhong accepted the award on behalf of the Company.
Mr. Zhong Lin, Senior Vice President of ZST, commented, "We greatly appreciate Forbes giving us this honor. This award is a testament to the outstanding results that we have achieved with our established IPTV set-top box business and our blossoming GPS location and tracking services business, as well as a vote of confidence from a respected international source in Forbes. As a part of this prestigious group of companies, ZST will continue to strive for excellence on the regional and national stages."
About ZST Digital Networks, Inc.
ZST Digital Networks, Inc. (Nasdaq: ZSTN) is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. For more information about ZST Digital Networks, Inc., please visit http://www.zstdigital.com.
This stock is most likely a scam....be careful.
I bought in today at 2.90 lets see this run
Not yet, but am watching it.
Was good to see the company put out a letter to share holders.
Just wondering, are you in this? Was checking it out and seems like a good entry point today. Thanks
ZST Digital Networks, Inc. Announces Fourth Quarter and Fiscal Year 2010 Results
Quote:
__________________________________________________________
-- Full year revenue increased 34% year-over-year to $134.6 million, exceeding guidance
-- Full year net income increased 117% year-over-year to $22.1 million, exceeding guidance
ZHENGZHOU, China, March 4, 2011 /PRNewswire-Asia-FirstCall/ -- ZST Digital Networks, Inc. (Nasdaq: ZSTN) (the "Company" or "ZST"), a major developer, manufacturer, and supplier of cable systems and commercial GPS products and services in China, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2010.
Fourth Quarter 2010 (unaudited) Financial Highlights
Total revenue was US$46.0 million, an increase of 51% compared to the fourth quarter of 2009.
Gross profit for the fourth quarter 2010 was US$12.4 million, an increase of 113% compared to the fourth quarter 2009.
Gross profit margin for the fourth quarter 2010 was 27%, compared to 19% for the fourth quarter of 2009.
Operating income for the fourth quarter 2010 was US$11.0 million, an increase of 161% compared to the fourth quarter of 2009.
Net income for the fourth quarter 2010 was US$8.5 million, an increase of 176% compared to the fourth quarter of 2009.
Net income margin for the fourth quarter of 2010 was 18.5%, compared to 10.1% for the fourth quarter of 2009.
Fiscal Year 2010 Financial Highlights
Total revenue for the fiscal year 2010 was US$134.6 million, an increase of 34% compared to the fiscal year 2009.
Gross profit for the fiscal year 2010 was US$34.8 million, an increase of 104% compared to the fiscal year 2009. Gross profit margin for the fiscal year 2010 was 26%, compared to 17% for the fiscal year 2009.
Net income for the fiscal year 2010 was US$22.1 million, an increase of 117% compared to the fiscal year 2009.
Net income margin for the fiscal year 2010 was 16.4%, compared to 10.1% for the fiscal year 2009.
Basic and diluted earnings per share were both US$1.90 for the fiscal year 2010, an increase of US$0.74 compared to US$1.16 for basic and diluted earnings per share for the fiscal year 2009.
Recent Business Highlights
On December 16, 2010, ZST Digital Networks' commercial GPS tracking products were awarded official certification by the China Communications Product Certification Center ("CCPC") of the Ministry of Transport of the PRC. While the GPS vehicle tracking product market has been in development in China for over a decade, various government ministries have only recently begun to issue official quality standards and guidelines. In August 2010, the Ministry of Transport, through the CCPC, initiated a certification program for GPS tracking products, and a number of manufacturers have applied for certification. To the best of the Company's knowledge, ZST Digital is the first company to date to have received official certification for its commercial GPS tracking products following a successful product inspection, testing, and review process by the CCPC.
On January 28, 2011, the Company announced that as a part of its ongoing expansion strategy, the Company entered into a purchase agreement for two floors of an office building located near its existing offices in Zhengzhou City, China. The purchased area is approximately 2,880 square meters, for a total purchase price of approximately US$7.8 million. Previously, in March 2010, the Company agreed to purchase an additional office space of approximately 2,100 square meters in the same building for approximately $1.7 million. In addition to providing additional workspace and growth capacity, the new office space purchase puts a significant tangible asset on ZST's balance sheet.
On February 24, 2011, the Company announced that it had entered into an agreement with the Road Transportation Department of Shangqiu City, a city with over eight million residents in eastern Henan Province, to develop a city-wide GPS tracking platform for commercial vehicles. The platform will utilize ZST Digital's commercial GPS tracking technology and will link registered vehicles to the national and provincial transportation departments. In addition, ZST Digital will provide ongoing maintenance and support of the platform. Management estimates the total investment in the project will amount to RMB2.0 million (approximately US$0.3 million)(1). The Company believes that the agreement could generate approximately RMB40-50 million (approximately US$6.1-7.6 million) in revenue per year upon successful completion of the platform, and it expects to begin generating revenue from this project in the second quarter of fiscal 2011.
(1) The amount in RMB was translated into U.S. Dollars using the spot rate of US$1 = RMB6.566 for February 24, 2011.
Mr. Zhong Bo, Chairman and Chief Executive Officer of ZST, commented, "I am pleased to report a strong set of results exceeding our guidance for the fourth quarter and full year. Our results were supported by continued growth across our three main product lines, IPTV set-top boxes, commercial GPS products and services and cable TV network equipment. On a full year basis, these segments contributed to approximately 47%, 20% and 33% of revenue, respectively, providing a diverse and stable revenue base. We are especially pleased with the rapid progress of our GPS division, which has quickly ramped up in a little over a year to become a major contributor to both our top- and bottom-line. The success of this segment demonstrates our strong execution ability and the growing market demand for our commercial GPS products and services. We believe that the demand in Henan Province for our vehicle tracking and fleet management systems utilizing GPS technologies will continue to grow, as demonstrated by our recent agreement with Shangqiu City. As a result, we expect this segment will continue to be our primary growth driver moving forward.
"Our IPTV set-top box and cable TV network equipment segments also performed well, with sales increasing year-over-year. Looking ahead, we remain confident in the underlying growth trends in our end markets, and we believe we are well positioned to maintain our strong growth trajectory in the year ahead. As such, we will continue to capitalize on the favorable trends in our end markets by executing our strategy to increase sales across our product and service lines, especially within the commercial GPS tracking market, while further developing our brand and technology platform."
Mr. John Chen, Chief Financial Officer of ZST, commented, "Our strong financial results were driven by the rapid growth of our GPS products and services and the continued growth in our core IPTV market and cable TV equipment. Moreover, the growth in sales of our high margin GPS products and services and Standard Definition IPTV set-top boxes has helped to drive our bottom-line, resulting in an 117% year-over-year increase in net income for the full year. In addition, we continue to maintain a strict focus on cost controls to maximize the efficiency of our operations. We believe our impressive financial results and healthy balance sheet position us well to continue to deliver sustained growth in the year ahead."
Fourth Quarter (unaudited) and Fiscal Year 2010 Financial Highlights
Revenue
Revenue for the fourth quarter of 2010 was US$46.0 million, representing an increase of 19% from US$38.5 million in the third quarter of 2010, and an increase of 51% from US$30.3 million in the fourth quarter of 2009. The primary reason for the increase in revenue during the quarter was growth in the GPS-related business, including revenue from sales of GPS devices and related service.
Revenue for fiscal 2010 increased 34% to US$134.6 million from US$100.4 million in fiscal 2009. This significant increase in revenue was contributed mainly by GPS-related business, with revenue from sales of GPS devices and related services amounting to $27.5 million in fiscal year 2010, compared to $3.9 million in fiscal 2009, since we only launched the GPS-related business in the fourth quarter of 2009.
Gross Profit and Gross Profit Margin
Gross profit for the fourth quarter of 2010 was US$12.4 million, representing a 23% sequential increase and a 113% year-over-year increase. Gross profit margin for the fourth quarter of 2010 was 27%, up from 19% in the fourth quarter of 2009.
Gross profit increased by 104% to US$34.8 million for fiscal 2010, from US$17.1 million in fiscal 2009, primarily driven by growth in GPS product sales, which only began in the fourth quarter of 2009. Gross margin for fiscal 2010 was 26%, up from 17% in fiscal 2009. The increase in gross margin on sales of products was driven mainly by sales of Standard Definition set-top boxes, which had a gross margin of 39.4% during the year of 2010. Although the selling price of Standard Definition products is much lower than the selling price for High Definition products, the Standard Definition production cost is so much lower that gross margin still increased.
Operating Expenses
Total operating expenses for the fourth quarter of 2010 were US$1.4 million, representing a decrease of 13% from US$1.6 million in the fourth quarter of 2009. For fiscal 2010, total operating expenses increased 58% to US$4.8 million from US$3.1 million in fiscal 2009. This increase in operating expenses was primarily a result of the overall growth in our revenue base.
General and administrative expenses (G&A) for the fourth quarter 2010 were US$1.2 million, up 6% from US$1.1 million in the fourth quarter of 2009. The rise in G&A expenses was mainly attributable to the Company's expanded operations and revenue base as well as the increasing role of GPS sales in our overall mix. For fiscal 2010, G&A expenses increased 104.4% to US$3.7 million from US$1.8 million in fiscal 2009.
Research and development expenses (R&D) for the fourth quarter were US$30,000, compared to US$112,000 for the fourth quarter of 2009. For fiscal 2010, R&D expenses were US$399,000, compared to US$221,000 in fiscal 2009. Research and development expenses consist mainly of salaries of the research and development department.
Income Tax
Income tax expense for the fourth quarter of 2010 was US$2.5 million, compared to US$1.5 million in the fourth quarter of 2009. This increase was mainly due to an increased revenue base.
Income tax expense for fiscal 2010 was US$8.0 million, compared to US$4.1 million for fiscal 2009. This increase was mainly due to the increase of income before tax, primarily driven by the increase in sales revenue and increased gross margin.
Income from Operations, Net Income and EPS
Income from operations was US$11.0 million in the fourth quarter of 2010, representing a sequential increase of 24% compared to an operating income of US$8.8 million in the third quarter of 2010, and an increase of 161% compared to operating income of US$4.2 million in the fourth quarter of 2009. For fiscal 2010, income from operations rose 114% to US$30.0 million, from US$14.0 million in fiscal 2009.
Net income for the fourth quarter of 2010 was US$8.5 million, a sequential increase of 33% from US$6.4 million in the third quarter of 2010 and a year-over-year increase of 176% from US$3.1 million in the fourth quarter of 2009. Net margin was 18.5% for the fourth quarter of 2010, up from 16.6% in the third quarter of 2010 and up from 10.1% in the fourth quarter of 2009. For fiscal 2010, net income increased 117% to US$22.1 million, from US$10.2 million for fiscal 2009. Net income margin increased to 16.4% for fiscal 2010, as compared to 10.1% in fiscal 2009.
Diluted net income per share was US$0.73 in the fourth quarter 2010, compared to US$0.28 for the fourth quarter of 2009. For fiscal 2010, diluted net income per share was US$1.90, compared to US$1.16 for fiscal 2009.
Balance Sheet
Cash and cash equivalents totaled to US$23.7 million as of December 31, 2010, primarily attributable to operating activities, especially net income earned in 2010.
As of December 31, 2010, total trade receivables were US$33.5 million, an increase of 35% from US$24.9 million as of December 31, 2009, primarily due to increased revenue base.
Full Year 2011 Outlook - For the full year 2011, the Company estimates that revenues will range between US$160 million and US$175 million, and net income will range between US$28 million and US$30 million. This represents the Company's current and preliminary view, which is subject to change.
Conference Call
The Company's management team will conduct a conference call on Friday, March 4, 2011 at 8:00 am (U.S. Pacific Time) / 11:00 am (U.S. Eastern Time), which is March 5, 2011 at 12:00 am (HK / Beijing Time) to discuss its 2010 fourth quarter and fiscal year financial results and recent business activity.
The conference call may be accessed by calling +1-866-519-4004 or +1-718-354-1231 (for callers in the U.S.), 800-819-0121 (for callers in China), 800-930-346 (for callers in Hong Kong), +0808-234-6646 (for callers in United Kingdom) or +65-6723-9381 (for other international callers) and entering pass code 48007085. Please dial in approximately 10 minutes before the scheduled time of the call.
A recording of the conference call will be available through March 18, by calling +1-866-214-5335 (for callers in the U.S.) or +61-2-8235-5000 (for callers outside the U.S.) and entering pass code 48007085.
About ZST Digital Network, Inc.
ZST Digital Networks, Inc. (Nasdaq: ZSTN) is a China-based company, principally engaged in (1) supplying digital and optical network equipment and providing installation services to cable system operators in China and (2) providing GPS location and tracking services to local logistics and transportation companies in China. The Company has developed a line of IPTV devices that are used to provide bundled cable television, Internet and telephone services to residential and commercial customers. The Company has assisted in the installation and construction of over 400 local cable networks in more than 90 municipal districts, counties, townships, and enterprises. The Company has also launched a commercial line of vehicle tracking devices utilizing our GPS tracking technologies and support services for transport-related enterprises to track, monitor and optimize their businesses. For more information about ZST Digital Networks, Inc., please visit http://www.shenyangkeji.com.
"Safe Harbor" Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes, expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties, including, but not limited to, inherent in management's estimates on the profitability of the Shangqiu City project; our ability to maintain and increase revenues and sales of our products; our ability to develop and market new products; our strategic investments and acquisitions; compliance and changes in the laws of the People's Republic of China (the "PRC") that affect our operations; our ability to obtain all necessary government certifications and/or licenses to conduct our business; vulnerability of our business to general economic downturn, especially in the PRC; adverse capital and credit market conditions; our ability to meet liquidity needs; and other risk factors detailed in reports filed with the Securities and Exchange Commission from time to time. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the factors discussed above and in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Contacts:
Company Contact:
ZST Digital Networks, Inc
John Chen, Chief Financial Officer
Email: jchen@shenyangkeji.com
_____________________________________________________________
Looks like outstanding performance!
ZSTN
Excellent grab, a steal imo.....I grabbed more $7.02s myself - she doesn't wanna break $7 - bottom looks to be in
started my first position at 7.03 today!
Top 10 Telecom Equipment Stocks with Highest Return on Assets: TCCO, ZSTN, DRWI, RIMM, GRMN, IDCC, ADTN, PLT, ZOOM, TSTC (Nov 21, 2010)
Sunday, November 21, 2010/China Analyst
Below are the top 10 Telecom Equipment stocks with highest Return on Assets ratio (ROA) for the last 12 months, UPDATED TODAY before 4:30 AM ET. ROA shows a company's efficiency in making profits from its assets. It is equal to net profits divided by total assets. Three Chinese companies (ZSTN, ZOOM, TSTC) are on the list.
(Here's a link to complete article at www.cnanalyst.com)
ZST Digital Networks Inc (NASDAQ:ZSTN) has the 2nd highest Return on Assets in this segment of the market. Its ROA was 33.80% for the last 12 months. Its Asset Turnover ratio (revenue divided by assets) was 2.41 for the same period.
Zoom Technologies, Inc. (NASDAQ:ZOOM) has the 9th highest Return on Assets in this segment of the market. Its ROA was 14.00% for the last 12 months. Its Asset Turnover ratio (revenue divided by assets) was 3.69 for the same period.
Telestone Technologies Corporation (NASDAQ:TSTC) has the 10th highest Return on Assets in this segment of the market. Its ROA was 13.91% for the last 12 months. Its Asset Turnover ratio (revenue divided by assets) was 0.81 for the same period.
I look forward to your assessment.
Thanks I'll look at CBLI.
I have FEEC, CHGY, CABL, CIL, NEP and am looking at BSPM today. Some others I want lower.
For a non-China stock, take a look at CBLI. Prospects are huge.
4 weeks ago Chinese small caps were undoubtedly the deepest value opportunities out there. The amazing thing is that despite major moves to the upside there are many stocks trading >25% below their previous 52 week highs despite increasing earnings since the high. So I am pretty sure there is more to come.
A quick look through
http://finviz.com/screener.ashx?v=111&f=geo_china
identifies sizeable opportunities in stocks such such as ALN,AMCF,BSPM,CBPO,CEU,CFSG,CELM,CNGL,GFRE,NEP,NIV,LLEN,RINO,SKBI,TSTC,SPU, YUII & ZSTN
I own 9 of them and need to look at the others!
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