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I move between here, IV, and ValueForum. My focus is mostly (70%) deep value stocks though the ValueForum crowd has an expertise in (among other things) BDCs and amREITs which have generous dividends so I trade in and out of them or hold them depending on my/their forecast and comfort level (20%) and leave spare change for other things.
Thanks for the link. IHub tends to be third on my list and I want to give it more attention.
Tough being a private investor anywhere. I observed "in the know" investors exiting the day or two before profit warnings in US growth stocks such as MYGN, ANCI, DGIT over the last 18 months. So I decided owning a basket of value priced Chinese growth stocks was less risky than holding P/E >20 US based ones.
The bear raid by institutional investors in AVNR last Friday no doubt screwed a lot of private investors too. Fortunately the knowledgeable community at http://investorshub.advfn.com/boards/board.aspx?board_id=9413 helped me profit rather than lose from the situation.
This is great! Thanks. I'll take a look after the mkt.
From what I can tell, there seems to be no question that discrepanices between SAIC and SEC reports are disturbing. The first problem, according to NorthernLights, is to get ahold of SAIC reports. Evidently this is practically impossible for the private investor.
Don't know if you have read this:
http://geoinvesting.com/geowire/273/the_sec_vs_saic_fact_finding_mission
lol. Thanks coma.
I'm still looking to understand why there would be a difference between SEC and SAIC reports (assuming the same currency.)
Minding
Smarter people than me think ZSTN is good buy (Zacks Rank Strong Buy) and
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=56242440
I'm comfortable with the idea that Chinese companies do things differently from American ones.
Been in since May (5.91) and will wait for it to go higher still.
Rather rake leaves and wait for response to Fed announcement than worry about Spruce Capital - they may be tall but they are still wood.
Hit piece: buy 5 minutes into the open. Thank you hit piece writer! Love my buy. Been dying to own this one. Yipee!!
There is a damning article on ZSTN (at http://seekingalpha.com/article/234338-zst-digital-networks-deceptive-business-bad-investment?source=yahoo) that raises some legitimate concerns. These are worthy of further investigation.
I'm interested in reading thoughtful replies.
Disclosure: I own ZSTN.
Kind regards,
Minding
Bill Cara gets into ZSTN at the right time!
http://caracommunity.com/content/setting-my-weekly-contribution-nasdaq-community
Strong fundamentals and crossed 200d ma today - look for a strong move once it clears 7.1 or so.
I am new to ZSTN. Nice fundamentals and strong growth and it is undervalued. I don't understand why there are much messages for a long time in here.
I like low floaters. I am adding the Fibs, they should pop up shortly. Here is the URL if you want to play with it. If you have a StockCharts account: (1) log into it, (2)copy n paste URL to the address bar & refresh, (3) annotate flash & upload, (4) all the annotations will be saved
http://www.stockcharts.com/h-sc/ui?s=zstn&p=d&yr=0&mn=7&dy=15&id=p06224597543&a=207686327
Thanks tothe!!!
ZSTN chart
Filings
http://www.sec.gov/cgi-bin/browse-edgar?CIK=0001403794&action=getcompany
Quick fundies
http://finviz.com/quote.ashx?t=zstn&ty=c&ta=1&p=d
Institutional ownership
http://www.dailyfinance.com/company/zst-digital-networks-inc/zstn/nas/institutional-ownership
Rames list: Peer rank
http://fixyou.co.uk/screen_china_telecom.php
In today, a chart will be forthcoming
09/02/2010 02:16:36 PM $6.28 100.000 $628.00
09/02/2010 02:16:36 PM $6.28 100.000 $628.00
09/02/2010 02:16:36 PM $6.28 100.000 $628.00
09/02/2010 02:22:34 PM $6.28 200.000 $1,256.00
NET TOTAL 500.000 $3,140.00
09/02/2010 02:27:15 PM $6.279 100.000 $627.90
NET TOTAL 100.000 $627.90
09/02/2010 02:47:00 PM $6.2799 300.000 $1,883.97
NET TOTAL 300.000 $1,883.97
ZSTN - no idea. The space as a whole is kind of weak today. A lot of anti-US-listed-China-small-cap sentiment.
Any idea what's up with the weakness today? Thanks!!!
China consolidates all TV networks (What the deuce?)
BEIJING - China on Tuesday said it intends to consolidate radio and television networks under a single national cable television network company.
http://www.chinadaily.com.cn/business/2010-08/25/content_11198195.htm
Wonder what the affect on ZSTN? I think in the last CC they were benefiting from the changes going on in the industry.
rich
Noticed this bit, I haven't been following the company, and noticed that this isn't the first time it's been mentioned. Though they say they intend to get it sorted by EOY.
Management believes the actions described above will remediate the significant deficiencies we have identified and strengthen our internal control over financial reporting. While these remedial actions have previously been identified, the necessary operational and personnel weaknesses were not alleviated in fiscal 2009. Our management intends to substantially complete these identified remedial actions during fiscal 2010.
Possibly this may have been exaserbated by moving to BDO? Another company I follow, and, gulp, still own shares of CNYD tried to move to BDO and were rejected and got told to sort out their accounting. Pure conjecture but perhaps BDO has been telling ZSTN to up their game?
Anyway, at least ZSTN got accepted by BDO! And I'm envious that ZSTN hasn't mucked about and started to buyback shares.
rich
Thanks again! ... realize now that the SEC site has more information than on the RSS feeds to yahoo, etc.
Agreed, that this does not seem to be a big issue. Actually, I take this as a positive as the company is (1) being honest about their situation which is the opposite of what 'scam' company would do (2) they are taking positive actions.
Of course, with all the doom and gloom these days, this hurt the stock last Monday... we just have to wait for sentiment to catch up to the fundamentals...
You'll be wanting this:
http://www.sec.gov/Archives/edgar/data/1403794/000114420410045682/v194708_10qa.htm
ITEM 4. CONTROLS AND PROCEDURES
Evaluation of Disclosure Controls and Procedures
..
..
It's not the first Chinese company I've seen saying this. New IPO's, Chinese ... hmm, lets just say there's more surprising things out there.
Expect any shorts to make the most of it. Investors concentrate on when improvements will mean they can remove these accountancy issues.
rich
Someone posted on yahoo that ZSTN
"10ka filed on friday...states the finance dept is understaffed and not capable of following gaap".
Although this is probably not a huge issue, is this actually true? I can't find the link...
Great to hear! I have tremendous confidence in this name. One of the best potentials in the space.
Just made this my 3rd biggest holding. Many thanks!
One more note: I had a CC with the CFO John Chen a few months ago, and I was extremely impressed. This company has top notch corporate governance and is firmly committed to maximize shareholder value, unlike some of the other "dilution machines" in the china small cap space. These guys "get it" when it comes to growing EPS and beating market expectations. It's a pleasure to have money invested in them.
Seriously, I challenge anyone to find a better value in the market right now. Even for a chinese small cap, this stock would be cheap at 14.00.
Consider the numbers here.
Price: 6.89
2010 Earnings Per Share Guidance: 1.63
2010 P/E: 4.22
Net cash per share (Cash + Receivables - All Debt, i.e., what would be leftover for shareholders on liquidation of the company right now): 3.60
2010 P/E for the operating company (what you get when you back out net cash): 2.01
EPS Growth: 50%
Revenue Growth: 39%
Return on Assets: 38%
Return on Invested Capital: 40%
The value here is unbelievable.
Absolutely. Hope everyone held on during the barrage of the last few months. This is a stellar company. Good as gold.
Anyone else notice that this is a winner?
seeking alpha article mentions zstn
http://seekingalpha.com/article/184154-china-otc-companies-buying-opportunities?source=feed
Thanks for the link... did some reading...
looks like a board I need to spend some time on.
some good ZSTN insights there posted by Traderfan, I see.
Thanks for posting...
looks like today will be up about a buck at the close...
NOT too shabby!
Grantg2,
Just to let you know you're not the only one around. Been holding since it started back up last month. ZSTN is also talked about here:
http://investorshub.advfn.com/boards/board.aspx?board_id=9884
Vanbookie
Steady rise now to 11+ for a few days...
would sure be nice to have more NEWS about what's driving ZSTN upwards!
Would be nice to have more posting here as well... could not hurt the share price to have a lot of looks at the board. I wonder who is BUYING and driving up the PPS.
Must be Asian investors who know more than we do on this board. JMO.
Appears to be a good site to check up on ZSTN...
http://www.redchip.com/visibility/investor.asp?symbol=ZSTN
Nice close for the week... 10.74!
Good gain for the week... opened Monday at 9.08
and ended at 10.74... up 1.66 for the week...
18+%! Keep that up for a few weeks and ZSTN will be looking awesome!
Gotta love the way ZSTN is moving slowly upward...
and no chatter on the board here. Wonder what happens if it has a story worth discovering?
Could this be a sleeper stock that awakens?
Anyone know any more about the company than what has been posted here on our under 20 posts listing? If you are "holding back" information, please share.
It has been hard to find out much about ZSTN... just took a small position about a month ago.
LOL... ZSTN finally made it to 9 & +some!
Predictions from here?
The news about a goverrnment grant to ZSTN sounds good...
then it turns out that it is ONLY about $400K US...
which looks small to those of us NOW NUMB to seeing our idiot politicians spend TRILLIONS of US $$$$$$$$ that we do not have for pork and nonsense!
Sooooo... maybe $400K US is a lot of money to those who are living frugally & waiting to collect the TRILLIONS they have loaned the socialist-progressive idiots in Washinton, DC.
When China finally owns US... at least I'll have a portfolio full of THEM! LOL
They will also go big into GPS devices next year. Already got their first customer in november.
They do set-top boxes for Cable and/or Satellite TV. They also do IPTV.
Here's their website: http://www.shenyangkeji.com/
Not sure why their plant/equipment/property are valued so low.
ZSTN - What exactly do these guys do? I thought they designed and manufactured equipment for various networking applications. But their assets are mostly in accounts receivables, and their property, plant, equipment (ppe) are worth less than $400K.
How could they design and manufacture this stuff with ppe that is so cheap? Thx for any help here, I'm thinking about going long...
Reversal doji forming today ... should make a move back towards $8.50 in coming days
Technical trading today. There was a gap around 7.30 that the MMs wanted filled ... gap filled today, look for a reversal doji over the next few days
That sounds a little like Hype,
Yes I believe in the stock but, thats a little much in my opinion. I think a little more long term.
can you provide some reasoning for the $16 PPS?
This baby is going to $9.00 tomorrow. Get ready to buy at the market. It will be one hell of a ride and I won't get off until she is at $16.
ZSTN is onfire!
Started looking at this stock when it was $5.
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