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At PE = 5, ZYCI should be $7 per share. At PE = 7, ZYCI should be $9.80 per share!
ZYCI is too cheap to pass by!
NEWS is out!
Ziyang Ceramics Provides Financial Guidance for 2012
Management Sees Second Quarter Revenue Ranging Between $13.5 and $15 Million With Net Income Exceeding $3.5 Million and Full Year Revenue Exceeding $55 Million With Net Income Exceeding $14 Million
..........ZHUCHENG, CHINA--(Marketwire -07/24/12)- Ziyang Ceramics Corporation (ZYCI), a leading manufacturer of high quality interior porcelain tiles in China, today provided management's financial guidance for the 2012 second quarter and full year ending December 31, 2012.
For the second quarter of 2012, management sees total revenue ranging between $13.5 million and $15.0 million and net income exceeding $3.5 million with approximately 10 million shares of common stock issued and outstanding. This represents a substantial improvement in overall financial performance, both sequentially as well as to the comparable quarter in 2011. Additionally, based on our strong performance thus far in 2012 and the outlook for the remainder of the year, management sees revenue for the full year of 2012 exceeding $55 million with net income exceeding $14 million, or EPS of $1.40 based on the current 10 million shares outstanding. For the full year of 2011, Ziyang recorded revenue of $43.1 million with net income of $10.8 million.
Commenting on the financial guidance, Mr. Lingbo Chi, CEO of Ziyang Ceramics, stated, "We continue to see a strong business environment for our company as we move through the remainder of this year. We believe our sales efforts to expand our distribution base will enable us to further the growth of our business for the foreseeable future. We look forward to achieving our financial goals for 2012 as we continue to expand our distribution and production capabilities in the coming years."
About Ziyang Ceramics Corporation
Ziyang Ceramics Corporation, headquartered in Zhucheng city of Shandong Province in China, manufactures porcelain tiles used for interior residential and commercial applications and sells through a distribution network of more than 150 distributors across 10 provinces, concentrating on major second and third tier cities located primarily in Eastern and Central China. For more information about Ziyang Ceramics Corporation, please visit: www.ziyangcorp.com.
Safe Harbor Statement
In connection with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Ziyang Ceramics Corporation is hereby providing cautionary statements identifying important factors that could cause its actual results to differ materially from those projected in forward-looking statements (as defined in such act). Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. These statements include, but are not limited to, our expectations regarding our revenues, net income, earnings, growth, the business environment in which we operate and the expansion of our distribution network .
We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings, including our Annual Report on Form 10-K for the year ended December 31, 2011.
..Contact:.
.
Ziyang Ceramics Corporation
U.S. Representative
Pearl Group Advisors
Dore Perler
Tel:(954) 232-5363
Email: Dore@PearlGroupAdvisors.com
.
...
I heard NEWS coming for $ZYCI any time this week. Yes NEWS!
tommyboy, hope ur right! so need some news here. with the low float and right news, could move nicely. but please, news, news!
Continue to watch $ZYCI, very thin on level 2 and hearing news coming
Honestly, what's up with this play. Big movement a few weeks back and then bam, nothing. WTF?
Fpltech, been following this for a few weeks. be nice to see some news come out to back up the financials everyone keeps mentioning. we will see
New to ZYCI, video was more of a recap of financials and that report with the 9 dollar target. Any more news coming?
New ZYCI video press release. Look for our continued coverage of Ziyang Ceramics Corporation next week.
Great News! It is just a matter of time that the Street will find this little gem!
Skin also saw another release that came out this morning which summarizes the new agreements and that report from last week.
http://www.bloomberg.com/article/2012-06-27/aetsjx0RH6Qc.html
Seekingneko, was weak trading yesterday after what appeared to be strong news. Is there any word how strong the 10 agreements $ZYCI just signed really are, cause a potential of $1.3Mil in sales per month per agreement sure sounds promising.
Seems to be some resistance on this? Had a run last week especially considering there is only what about 300K in the float?
Another release hit too
"Trader's Stock Watch List for 06/26/12: ZYCI, BAC, NWSA, ZNGA"
Seeing a growing # of post over on all the investor groups on FB too
Strong news philp2, nice to see news coming out of ZYCI after that research report last week.
Just received a late alert on this after the close today. Solid last week, will see this week.
Ziyang Ceramics Signs Ten New OEM Distribution Agreements in the Second Quarter of 2012 Collectively Requiring Minimum Sales of $1.3 Million per Month
http://money.cnn.com/news/newsfeeds/articles/marketwire/0903149.htm
News is out,
http://finance.yahoo.com/news/ziyang-ceramics-signs-ten-oem-204000944.html
The company looks cheap and cheap everyday. The sky is the limit!
Call their US rep, Dore Perler, a lot of things are coming! ZYCI is too cheap to pass by!
Just found this over on PRWeb - Any insight as to more news up and coming? http://www.prweb.com/releases/2012/6/prweb9627591.htm
it is just a matter of time when the Street finds this diamond! At that time, you probably need to pay $9 per share, instead of $3.50 per share. It is an undervalued play!
Interesting read from Bullworthy:
http://zyci.bullworthy.com/2012/06/20/ziyang-volume-price-surge/
Ziyang Ceramics Corp. (OTC.BB: ZYCI) Volume and Price Surge Intraday
Ziyang has so far experienced a 32-fold increase in trading volume today when compared to its recent activity as it gained 40% in price. The trading activity was bullish with the stock consistently higher through midday.
The technicals of today’s trading in ZYCI
It is difficult to assess this stock on a technical basis because of the low trading volume. Indicators like RSI reached an overbought level on the big price move but that seems to be irrelevant for the most part.
Price moves are subject to frequent gaps and that creates a number of spikes up and down in traditional indicators. That means more subtle analytic techniques are needed, such as watching whether the stock is trading closer to the bid or ask price. Traders buying the stock will generally be trading at the ask price and sellers will most often accept the bid.
In the case of Ziyang today, most of the trading activity occurred closer to the asking price, which is associated with buying activity.
When volume rises and price rises, especially at a time when the major market averages are basically directionless, that is a bullish sign. In fact, Ziyang moved against the major market trend on a day when only one of three Bulletin Board stocks moved up.
These are technical factors that matter in any stock. Ziyang is one of the strongest stocks in a generally declining market and that is important to assessing its probable future trend. For now, the trend appears to be higher, especially as more investors come to understand the company’s business prospects and fundamental valuation.
We continue to believe that Ziyang is undervalued and further believe that the pickup in trading activity is consistent with other investors realizing that. The reason that this bargain-priced stock is trading so low is likely because investors are unaware of the stock’s potential.
Another reason for the undervaluation may have been that Ziyang was unfairly lumped together with Chinese stocks that have accounting problems. This company is different in that it delivers audited financial statements, has solid cash flow from operations and its book value is derived from tangible assets rather than estimates of the value of intellectual property rights or based on other uncertain factors.
Ziyang is a step closer to our price target and we believe the progress will continue.
It is an easy call. You are buying a company at two times earnings! I do not beleive it will last long. When the Street figures it out, I see the stock will be at least $7, a sweet double from today!!!
Almost 6K shares. Looking at historicals and even though this is a REAL low volume play, interesting to see almost 30% increase in PPS
I would be very happy if ZYCI trades around $6 to $7 per share in the next 12 months, it is an easy dobule from today's price! The trailing PE will be about 6, the current PE will be about 3 and the forward PE will be about 2. It is pretty undervalued at this level!
Well it is nice to see a report out that wasn't paid for. What's the catch though and do the calculations seem in line to you? Bold statement over 9 dollars in 12/18 mo?
"Per the coverage agreement, Bullworthy, LLC, nor their company's shareholders have accepted compensation from Ziyang Ceramics of its affiliated shareholders for this coverage. Representatives of Ziyang Ceramics have agreed to provide Bullworthy with feedback on the services they provide. "
"formbeach" let's see if this first news out with the Bullworthy research reports is worth the look. Looks like an uncompensated report so biased or not I don't know, but let's see
News for ZCYI: Bullworthy, LLC Initiates Coverage on Ziyang Ceramics Corporation With Detailed Research Report
Email alert about Research Report that states their analyst put a $9.25 target price in 12 - 18 months based on price-to-earning ratios, price-to-book ratios, etc
$9 target price! Just received a new email blast about the report. And really a $9 target price? Needs me some comfort thoughts on it, anyone? Drpenny, do you know if there was compensation to Bullworth for generation of the report? I can't find any lingo...
Barattadog, where is the link to the report. Read the PR and don't see anything. Is this even real?
News release out for ZYCI finally for a research report. Good things to come?
Bullworthy, LLC Initiates Coverage on Ziyang Ceramics Corporation With Detailed Research Report
Digital Investor Relations Analyst Team Releases the Bullworthy Equities Research Report: Ziyang Ceramics (OTC.BB: ZYCI), Available for Free Download on the Issuer's IR Profile at Bullworthy.com
"Bullworthy, LLC's 12-18 month price target using the Bullworthy Composite Valuation Model (BCVM) is $9.25 a share. The model is calculated using formulas that include price-to-earnings ratios, price-to-book ratios, and discounted cash flow with conservative variables, and smoothed for a final, average price target."
http://finance.yahoo.com/news/bullworthy-llc-initiates-coverage-ziyang-200000216.html
Looks like daily volume is low, very low but did get this alert over the weekend. Will be waiting to see if anything new pops up
http://app.streamsend.com/s/1/6pzT/dZiuCz2/3w7il
Yo philp2, saw the same email alert I think. Would like to see something following their last financial, which in my opinion seemed very solid. Wait and see I guess
http://finance.yahoo.com/news/ziyang-ceramics-reports-financial-results-135700084.html
boyang, do you know if they have moved into S. America as of yet?
Received an alert on this late Friday - Very low float on this one. Just a bit nervous on the entry pt - IMO I like the last financial report that came out back in May. 50% increase in revenues and 80$ in op income.
wade3 could of sworn I read somewhere they were setting up in Florida or South America. Don't quote me but I have to find where I saw it.
By the way, wade3 - a D-Wade fan. LOL Hope he decides to show up for you guys.
Drpenny1998 any basis for your thoughts of 5? Earnings report does set up nicely I agree.
Caught wind of this over on stocktwits. No news though, huh?
Engaging video created for the company
http://www.ziyangcorp.com/
It looks a very strong company. PE trades at 2. It could be 5 time big!!!
The float is 500000
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8061948
Capten
Are their operations only in China or do they operate in any other country or the U.S.?
jwings10 with such a low float, you'd think with some solid news this could be worth the consideration. Like to see some developments or more on the company though. You have anything more?
Thanks "Pearl123" for quick response. 300K in float, wow incredibly low. Shouldn't take much to get it going, imo
10,001,220 outstanding
356,405 in float
Pearl123 seeing you're the moderator, what is the Outstanding and Float, accurate numbers please? Or anyone else that knows?
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Ziyang Ceramics Corporation (ZYCI)
US Office
431 Fairway Drive
Suite 261
Deerfield Beach, FL 33441
China Office Corporate Address:
Xi Lv Biao Industrial Park
Longdu Street
Zhucheng City, Shandong Province, China 262200
Company Website
http://ziyangcorp.com
Investor Contact
Ziyang Ceramics Corporation
U.S. Representative
Pearl Group Advisors
Dore Perler
Tel: (954) 232-5363
Email: Dore@PearlGroupAdvisors.com
Company Overview
Main Product Series
Our three principal product categories are: Patterned polished porcelain tiles, Ultra bright porcelain tiles, and Polycrystalline porcelain tiles. Each product category comes with two different size options: 600mm X 600mm and 800mm X 800mm.
Patterned polished porcelain tiles: Porcelain tiles are fired at extreme temperatures to achieve its high density, high strength, and low water absorption characteristics. They are extremely durable and have antibacterial, high stain resistant, wear-resistant, and anti-slip qualities making them especially suitable for public and residential use.
Ultra bright polished porcelain tiles: The surface of ultra bright porcelain tiles are treated with nanotechnology creating a glossy mirrored surface. These tiles are antibacterial and have super wear-resistant, stain resistant, acid- resistant, low water absorption and non-slip qualities. Fired under high temperature and with the use of special penetrating technology, these tiles result in soft colors and elegant surface patterns, suitable for high-end decorative residential use.
Polycrystalline porcelain tiles: Polycrystalline tiles have elegant, natural-looking patterns that are marble like. The surface is delicate, transparent, glossy, and feels like jade. This product is antibacterial; it has no radiation and is environmentally friendly. These tiles are frost resistant, thermal shock resistant, wear- resistant, and acid- resistant. This product is superior to natural granite and can be used as high-end decorative paving products for residential and commercial use.
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