I was just stopped by a CN RCMP officer in my home town for taking a short cut over the tracks. It was fair but I was kind of weirded out because I know that CN is publicly traded company and the RCMP officer has "CN Police" on his car and badges replacing where it normally says RCMP... kind messed up that the Canadian tax payer is on the hook for this when our local police could do the same task... As a note he came from an entirely different province.
$CNR I think will get found on Real Estate Angle
Sector ($XIN $HGSH) has been hot since April 1 after the South China Morning Post reported that the prices of new homes in China’s 100 biggest cities jumped by 7.41% year-over-year.
$CNR acquiring land of late
won the bidding of approximately 395,000 square meters of land in Handan, http://finance.yahoo.com/news/cnr-announces-project-handan-130300562.html
won the bidding of approximately 346,000 square meters of land in Nanyang, http://finance.yahoo.com/news/cnr-announces-project-nanyang-133000079.html
What are you asking it makes no sense ?
Unless it drops like a rock.
~ Monday! $CNR ~ Q2 Earnings alerted as posted, pending or coming soon! In Charts and Links Below!
~ $CNR ~ Earnings expected on Monday *
Want more like this? Search Keyword: MACMONEY >>> http://tinyurl.com/MACMONEY <<<
One or more of many earnings sites has alerted this security has or will be posting earnings on or around the day of this message.
~ Google Finance: http://www.google.com/finance?q=CNR
~ Google Fin Options: hhttp://www.google.com/finance/option_chain?q=CNR#
~ Yahoo! Finance ~ Stats: http://finance.yahoo.com/q/ks?s=CNR+Key+Statistics
~ Yahoo! Finance ~ Profile: http://finance.yahoo.com/q/pr?s=CNR
~ Marketwatch: http://www.marketwatch.com/investing/stock/CNR/insideractions
<<<<<< http://www.earningswhispers.com/stocks.asp?symbol=CNR >>>>>>
*If the earnings date is in error please ignore error. I do my best.
CNR 2011 tidbits...About $33,732,000 net profit for shareholders reported for fiscal year ended March, 31st, 2011...Includes operating profits, discontinued operations, fair value increase, and currency exchange gains...
Over .53 net income per share on about 64,125,804 outstanding shares stated on 03-31-2011...
2011 revenue about ........$74,561,000
net profit..................29,814,000 - 667,000(NCI)
add fair value increase?.......590,000
add currency exchange gain...5,475,000
- non-controlling interest...2,151,000
net profit to shareholders..33,732,000
03-31-2011 equity for shareholders...$107,393,000
09-30-2010 filed 6 month results...
6 months revenue.............46,079,000
total net profit.............17,342,000
- non-controlling interest....2,239,000
shareholder net profit.......15,103,000
09-30-2010 equity for shareholders....$88,853,000
A few tidbits from filings reviewed...LJ
*33,732,000 - 15,103,000 = $18,629,000 last 6 months of 2011 net profit to shareholders...estimated
Yeah I think its proably best to look away for the next few days as we churn thru some of these cheap shares-high 2's sounds good! GLTY!!
Well lets see what happens here, I picked up some more @ 2.31, would like to see high 2,s next week, cheers !!!
while the news isnt great I dont think the stock should be down at this level for a stock offering which includes expansion. and the warrants are in 3.30-3.40 range I think. Almost everybody in this stock since November of last year is in at $3.00 or higher some as high as mid 5's. Friday is a typical sell off day we will probably see a small recovery on Monday & Tuesday. JMO
I,m in on this one as well I agree its way over sold !!
CNR is quite a value. It is doing super well. While the PE is6.25 its growth rate is over 100%:
"It is no overstatement to say that the first six months of fiscal year ending March 31, 2011 were remarkable for CNR -- the revenue from continuing operations increased by 130.8% compared with 2009 same period; the net profit from continuing operations attributable to the Company increased by 294.4% compared with 2009 same period," CNR's CEO Mr. Sam Sio said
CNR 1.72 LOD I have none and will not touch as real estate can bubble any minute.
dilution always hurts shareholders.
Mick, when first discussing MHJ the undervalued appeal was due to the company's large presence in the pearl business with some competition and a very low share count...
The change to reverse merge with CNR was a large change in valuation due to adding many shares for a company that showed a lower equity value...Also putting more emphasis into the real estate area which has much more competition and the entry to business is far easier than the pearl business...
The China market just started allowing short selling recently...Perhaps the major holder expected a much better increase in the share price off some news to enter some short positions to hedge his large controlling position...
The company now has too add a lot of revenue and net profit to appear more valuable after adding so many shares into the picture to figure for earnings per share for each investor's position...
Looks like the company now needs to post about 10 times the net profit to achieve about the same eps as before the reverse merger raised the share count in a large amount...
But the company may have one good quarter under their belt to draw a pop on some eps potential...LJ
i did see some pps smoothing some.
Pearl business has more of a cloudy, diluted look to it now that share count is up...
Good news is if they need someone to help spend some cash then they may not have to look far...LJ
Current price represents regulated errors must abide a faith in repeated rebuilding!!!!
i wish i really knew. i am surprised share price is so undervalue.
What does this mystery look like now with a string of pearls around her neck?
NEW; China Metro-Rural Holdings Limited (NYSE Amex: CNR)
Update: China Metro-Rural Holdings Limited Changes Its Ticker Symbol
Date : 04/20/2010 @ 12:07PM
Source : MarketWire
Update: China Metro-Rural Holdings Limited Changes Its Ticker Symbol
NEW YORK, NY -- (Marketwire)
China Metro-Rural Holdings Limited (NYSE Amex: CNR) (NYSE Amex: MHJ) today announced its name and ticker symbol on the NYSE Amex (formerly known as The American Stock Exchange) will be changed from Man Sang International (B.V.I.) Limited -- "MHJ" to China Metro-Rural Holdings Limited -- "CNR," effective at the opening of trading on April 20, 2010. The change of the ticker symbol is managed by NYSE Amex and will not result in a halt in the trading of the Company's ordinary shares on the exchange.
In recognition of this occasion, the Company's Vice Chairman and Chief Executive Officer, Mr. Sio Kam Seng, stated, "The Man Sang name is recognized widely across the Pearl and Jewelry industry as well as around the globe. Changing our ticker symbol to CNR extends this recognition and links our stock listing with our new identity, as well as our new focus -- China Agricultural Logistics. We deem that the new symbol helps our clients and shareholders better identify our stock and our company."
ABOUT CHINA METRO-RURAL HOLDINGS LIMITED
China Metro-Rural Holdings Limited (formerly known as Man Sang International (B.V.I.) Limited) is principally engaged through its subsidiaries in the purchasing, processing, assembling, merchandising and wholesale distribution of pearls, pearl jewelry products and jewelry products. In addition, China Metro-Rural Holdings Limited, through its subsidiaries, owns commercial real estate for lease in Hong Kong and has developed a large scale international pearl and jewelry trading platform comprised of a Phase One market center with 2,380 booths and shops, manufacturing and processing blocks, and residential and commercial buildings, in Zhuji of Zhejiang, the People's Republic of China.
ABOUT CHINA METRO-RURAL LIMITED
China Metro-Rural Limited, formerly Mega Dragon Limited, a subsidiary of China Metro-Rural Holdings Limited, is one of the leading developers and operators of large scale, integrated agricultural logistics and trade centers in Northeast China that facilitate trade between sellers and buyers of agricultural commodities and other commodities, as well as value-adding facilities.
The information contained in this press release includes forward-looking statements about China Metro-Rural Holdings Limited, including the timing of the effectiveness of the name change and ticker symbol change, as reported on the NYSE Amex, and the prospects of China Metro-Rural Holdings Limited and its subsidiaries. Such forward-looking statements are subject to certain risks and uncertainties, as disclosed by China Metro-Rural Holdings Limited (formerly known as Man Sang International (B.V.I.) Limited) from time to time in its filings with the U.S. Securities and Exchange Commission. As a result of these factors, China Metro-Rural Holdings Limited's actual results may differ materially from those indicated or implied by such forward-looking statements. China Metro-Rural Holdings Limited disclaims any intent or obligation to update these forward-looking statements.
China Metro-Rural Holdings Limited - Investor Relations Department
Phone: (852) 2317 9888
E-mail: Email Contact
China Metro-Rural Holdings Limited (the “Company”) (Ticker: CNR)
The principal activities of the Company and its subsidiaries (collectively the “Group”) are developments and operations of integrated agricultural logistics platform and rural-urban migration redevelopment in mainland China, which include construction, sales and leasing of agricultural trade centers, office premises, warehouses and life supporting facilities such as restaurants, hotels and residential dwellings, and assignment of development rights.
The Group’s first agricultural logistics platform is located in Tieling City of Liaoning Province in Northeast China, known as Tieling Northeast Logistics City (“Tieling NLC”). Liaoning Province, together with Heilongjiang and Jilin Provinces, are known as the “Northeast Tri-Province”, and are well known for their agricultural produces/products, such as corns, rice, barley, soybean, various nuts, agricultural machinery, etc. Liaoning is the largest economy among the Northeast Tri-Province and ranked 7th in China in terms of GDP in 2009.
The total planned site area of Tieling NLC is approximately 4 million square meters with maximum buildable gross floor area of over 8 million square meters.
The introduction of Tieling NLC to the area is a milestone both for the Company and Northeast China as Tieling NLC is the first logistics platform of its mega size with agricultural focus. NLC is also a major step toward a modern and transparent agricultural trading platform.
The Group’s second project is located in Dezhou City of Shandong Province, known as Dezhou Northeast Logistics City (“Dezhou NLC”), which involved development of a logistics platform and redevelopment of existing markets. The total planned site area of Dezhou NLC is approximately 7 million square meters with maximum buildable gross floor area of over 15 million square meters.
The Group’s latest project is located in Hengyang City of Hunan Province, which involve development of logistics platform under the brand name of China Glorious City. The total planned site area of 2.7 with maximum buildable gross floor area of over 7 million.
In addition to Tieling NLC, Dezhou NLC and China Glorious City in Hengyang, the Company is actively seeking potential projects in other regions of mainland China to expand its coverage.
|Avg Vol (3 month)3:||21,023|
|Avg Vol (10 day)3:||22,414|
|% Held by Insiders1:||50.77%|
|% Held by Institutions1:||58.50%|
|Shares Short (as of 31 Dec 2013)3:||477.00|
|Short Ratio (as of 31 Dec 2013)3:||0.00|
|Short % of Float (as of 31 Dec 2013)3:||N/A|
|Shares Short (prior month)3:||5.18k|
|Net Share Purchase Activity|