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yes, Amen...nothing but tulips and roses:)
thanks Bobby, as far as UTVG goes I am still big on this company through next summer. I mean, Q2 Revs were 7million and net income was 1.6 million compared to Q3 that came out last week that was 20million Revs for the Q and 3.1 million. Thats almost a 100% gain sequentially from Q to Q man which is awesome. Shows that all the acquisitions are working out. I'm going to bet big that w/ the Olympics coming up that this Chinese travel agency will be a big play. That said, it needed profit taking and I will look for the TA reversal to load up again. I wish the markets weren't crap lately though:(
thought you didn't want to argue? its up .02 since you gave me your little rebuke earlier. oooooooo. You should come talk to me over on Tsafi's board. Oh yeah, you are up there with the likes of Hahn and have been banned. GLTY as well.
SYUT just hit almost 39 bucks on earnings dam!
Synutra Reports 89% Sales Growth for the Second Quarter Ended September 30, 2007
Wednesday November 14, 1:39 pm ET
Earnings per share increases by 80% for the quarter
QINGDAO, China and ROCKVILLE, Md., Nov. 14 /Xinhua-PRNewswire/ -- Synutra International, Inc. (Nasdaq: SYUT; "Synutra", "Company"), one of China's leading manufacturers of dairy-based nutritional products for infants, children and adults, today reported fiscal results for the second quarter ended September 30, 2007. The Company's strong operational and financial performance is detailed in its Form 10-Q, which has been filed with the US Securities and Exchange Commission.
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Synutra International, Inc. Chairman and Chief Executive Officer Liang Zhang commented, "I am pleased to announce another strong quarter of performance for Synutra. Our results this quarter demonstrate our continued focus on profitable growth and successful execution of our business strategy. Revenue growth in the second quarter partially reflects the enhanced market demand due to the increase in the number of babies born in China's year of the Golden Pig. Also contributing to the Company's quarterly performance was the increased investment in our integrated marketing initiatives, such as TV-based advertising and promotional activities. The success of our marketing efforts was demonstrated by an increase in brand recognition, new consumer trials and usage of our products, according to a study by CTR, a leading marketing research firm in China.
Chairman Zhang continued, "Building on our expanded production capacity, Synutra is implementing new production processes aimed at improving manufacturing efficiency and cost reduction. Our research and development team remain focused on improving the quality of our products and key nutritional components. We remain confident that the infant formula industry in China will continue to experience significant growth as purchasing power and consumer demand for branded products increases. Synutra is well- positioned to capture this growth through successful execution of our strategy: implementing our integrated marketing program to build brand awareness and reducing costs through improved manufacturing efficiencies."
Fiscal Second Quarter Ended September 30, 2007
Sales in the first quarter ended September 30, 2007 increased by $40.6 million, or 89.0%, to $86.2 million as compared to $45.6 million for the same three months in 2006. Gross profit was $46.6 million, or 54.1% of sales, for the three-month period. This increase was primarily a result of increased volume of products sold and increased average selling prices recorded during the period. Second quarter net income increased by $4.9 million, or 98.7%, to $9.8 million from the same three months in 2006. Earnings per share increased 80.0% to $0.18, compared to $0.10 earned in the fiscal second quarter of the prior fiscal year.
Fiscal Six Months Ended September 30, 2007
Sales in the first six months ended September 30, 2007 increased by $59.0 million, or 62.3%, to $153.7 million as compared to $94.7 million for the same six months in 2006. Gross profit was $83.7 million, or 54.5% of sales, for the first six months. Net income increased by $2.2 million, or 17.3%, to $15.1 million from a net income of $12.9 million for the first six months of 2006. Earnings per share increased 11.5% to $0.29, compared to $0.26 earned in the first six months of the prior fiscal year.
I don't care about "the story" on this stock. Its a POS being pumped by little boy Lebed and that's all I see. If this company's "story" is so outstanding, then why do they have to pay some boy $30K to pump their "story." From Lebed:
"RHGP just hit $2.61!
Remember... an analyst this week gave RHGP a $7 target price.
If RHGP can grow EPS next year to between $0.41 and $0.55 like analysts are predicting... I believe $7 could potentially be very conservative!
RHGP is starting to build a lot of momentum! China stocks are the hottest plays on Wall Street right now and RHGP's fundamentals are unbelievable!
-----
My firm Lebed Biz LLC has signed a six-week RHGP investor relations contract with a third-party (StockPromoters.com Consultants LLC) and will be compensated up to $30,000 cash. Never invest into a stock we discuss unless you can afford to lose your entire investment. For our full disclaimer go to: www.lebed.biz/disclaimer.htm
Jonathan Lebed
Lebed.biz
Staff "
excellent Lebed boy pump on RHGP this week! lol
I've noticed that most of the posters on this board transfer and allocate in different manners by-and-large. Is this because some of you are more risk averse due to age and lean more heavily toward the side of caution as far as capital preservation goes? I mean, some of you are already loaded in this thing and then you've got the guy like me who has only contributed to the TSP for the past 5 years. I tend to waiver directly between the I and G funds 100% most of the time. In order to attempt to be on the right side of the long side volatility of the I-fund. Some of you I see do about the same thing, but some of you allocate all over the place. Am I right on here? Who is the youngest here? hahaha, just joking:) BTW guys, I thank you once again for hosting this board.
Lang, I just knew TSTC was going to have superior earnings, but I got stopped out by the recent sell-off and was shy to reenter thinking something might be wrong w/ earnings.
UVE, I gave up on her for the time being as well. Yes, earnings were like .33, but they were assessed by the State of Florida recently which ate into EPS for the quarter. Most people were thinking .50 plus minus the assessment, but they did not quite meet that. On top of that there is a BIG seller that is dumping shares out of his yin-yang to the tune of some 4 million (that's how many he started with) so that has severely depressed the PPS as of late. I don't think there's gonna be much of a pop.
BIDZ and CDS were my babies this week. TASR I got a nice little squeeze out of as well although I was only aiming small on that one. I know I said I was no longer big on BIDZ awhile ago, but that was in relation to NILE stock PPS action waning. I think BIDZ is back and should be bought right before next earnings call. Have a good one! what do you have cooking? I'm going short on USO again I think...
that's cool. I'd like to see that. Especially on FXI and EWZ. Thanks!
in CXPO 11.50 on earnings
http://biz.yahoo.com/e/071114/cxpo.ob10-q.html
CPHI (3.20)earnings out. Nice, but receivables are still high IMO
dam, EGMI...Do you have a position right now Tsafi? I bet this one will be a big mover based on those numbers.
CSCA hit a new 52 week high yesterday of 13.75. This is the "classic" slow cooker Chinese OTC style stock I like that reminds of me SYUT and CSCT type action from earlier in the year. I'm holding since 10's and 11's for acquisition and uplisting news supposedly this month. You do have to be patient w/ these types of plays. Not a day trade, but a hold for a few months for sure
Well, well, well, I revisit my old friend right before earnings yesterday CDS @ 8.50 and they come out with earnings from out of this world. I woke up early to look at the earnings that are just out @ 8am and WOW! Nice pop to 11 bucks PM!! I'm holding again this time. Last time I held this one from 3.20 to almost 10 bucks so CDS (old CHND.bb) has been my stock of the year by far. Weeeeeeee lol
China Direct Reports Record Financial Results for the Third Quarter of 2007 and Raises Net Income Guidance for the Remainder of Fiscal 2007
Wednesday November 14, 8:00 am ET
- 3rd Quarter Revenues reach $44.5 million
- 3rd Quarter Fully Diluted Earnings per Share reaches $0.16
- Total Assets Increase to $57.9 million
- Shareholder Equity Increases to $26.9 million
BOCA RATON, Fla., Nov. 14 /PRNewswire-FirstCall/ -- China Direct, Inc. (Amex: CDS - News), a U.S. company that owns controlling stakes in a diversified portfolio of Chinese entities and assists Chinese businesses in accessing the U.S. capital markets, announced today the Company's financial results for the third quarter of 2007 ended September 30, 2007.
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Financial Highlights:
Revenues for the third quarter ended September 30, 2007 increased to $44,577,025 as compared to revenues of $96,575 in the third quarter ended September 30, 2006. The increase in revenues was mainly attributable to the three companies acquired in China since October 2006, Chang Magnesium, Lang Chemical and CDI Wanda Alternative Energy, as well as a strong performance from our consulting division.
Gross profit for the third quarter of 2007 was $4,790,282 as compared to a loss of ($102,338) in the third quarter ended September 30, 2006. Total operating expenses for the third quarter of 2007 increased to $1,115,513 compared to $255,833 in the third quarter of 2006. The increase in operating expenses in the third quarter of 2007 reflects the continued increases to staffing in the U.S. and our management offices in China associated with the financial management and integration of our expanding operations in China. The company also experienced increases in travel expenses, professional consulting fees, professional insurance premiums, as well as non-cash option charges for employees, management, and professional advisors.
Net income for the third quarter of 2007 increased to $2,980,577 or $0.18 per basic share, as compared to a loss of ($202,534) or a loss of ($0.02) per basic share for the third quarter of 2006. On a fully diluted basis, earnings per share for the third quarter of 2007 were $0.16 per share as compared to a loss of ($0.02) per share for the third quarter of 2006. Additionally, net income was up 31% sequentially from the second quarter of 2007.
Revenues for the nine months ended September 30, 2007 increased to $115,968,935 as compared to revenues of $483,407 in the nine months ended September 30, 2006.
Gross profit for the nine months ended September 30, 2007 was 11,972,797 as compared to $135,700 for the nine months ended September 30, 2006. Total operating expenses for the first nine months of 2007 increased to $2,800,439 as compared to $1,109,173 for the nine months ended September 30, 2006.
Net income for the first nine months of 2007 increased to $7,119,188 or $0.49 per basic share as compared to a loss of ($387,831) or a loss of ($0.04) per basic share for the first nine months of 2006. On a fully diluted basis, the earnings per share for the first nine months of 2007 were $0.44 per share as compared to a loss of ($0.04) per share for the first nine months of 2006.
Balance Sheet:
As of September 30, 2007, total assets were $57,919,175, an increase of 178% from $20,835,405 as of December 31, 2006 and an increase of 55% from $37,263,534 as of June 30, 2007. As of September 30, 2007, shareholder equity reached $26,885,527, an increase of 358% from $5,864,324 as of December 31, 2006 and an increase of 115% from $12,526,930 as of June 30, 2007. As of September 30, 2007, cash and cash equivalents was $17.35 million and working capital was approximately $29.99 million, compared to cash and cash equivalents of $3 million and working capital of approximately $6.8 million as of December 31, 2006, respectively.
2007 Financial Guidance:
As we continue to see strong performance from our subsidiaries and our new joint venture operations continue to come on line in the 4th quarter, we anticipate our 2007 year end revenue will range between $170 and $180 million. We are raising our 2007 year end net income guidance from $9.5 million to a range of $10.5 to $11.5 million. Management evaluates its outlook as necessary and will communicate any changes in its business outlook on a quarterly basis or when appropriate.
2008 Financial Guidance:
As we head into 2008, we preliminarily see our current revenues exceeding $270 million with net income exceeding $20 million. This outlook, which is not inclusive of any additional acquisitions, will be reviewed and updated at the time of our 2007 year end results.
Marc Siegel, President of China Direct, stated "We continue to be very pleased with the financial performance of our four segments during the first nine months of 2007. Having just returned from China, we anticipate the new joint ventures will provide a significant contribution to our financial results in the fourth quarter of 2007. We have begun to see the effects of our efforts to increase operating margins and expect those trends to continue. We remain focused on adding capacity while increasing current utilization of our existing manufacturing operations. Our recent cash infusion from the exercise of outstanding warrants, coupled with our AMEX listing, places our company in the best position in its history to execute on our plan of internal growth and strategic acquisitions in China. We believe 2008 will be another year of tremendous growth for China Direct and its shareholders."
China Direct Conference Call to discuss the Company's financial results for the Third Quarter of 2007 ended September 30, 2007.
The conference call will take place at 4:30 p.m. EST on Wednesday, November 14, 2007. Anyone interested in participating should call 1-800-936-9754 if calling within the United States or 1-973-935-2048 if calling internationally approximately 5 to 10 minutes prior to 4:30 p.m. Participants should ask for the China Direct 2007 Third Quarter Financial Results conference call. There will be a playback available until November 20, 2007. To listen to the playback, please call 1-877-519-4471 if calling within the United States or 1-973-341-3080 if calling internationally. Please use the pass code 9081157 for replay.
This call is being webcast by ViaVid Broadcasting and can be accessed at China Direct's website at http://www.cdii.net. The webcast may also be accessed at ViaVid's website at http://www.viavid.net. The webcast can be accessed through November 30, 2007 on either site. To access the webcast, you will need to have the Windows Media Player on your desktop. For the free download of the Media Player, please visit: http://www.microsoft.com/windows/windowsmedia/en/download/default.asp
TASR (14.28) 14.80 PM looking good for me on some news, shorts covering, bottom play, and hopefully a decent market today.
TASER International Receives Three Large Orders
SCOTTSDALE, Ariz., Nov. 14, 2007 (PRIME NEWSWIRE) -- TASER International, Inc. (Nasdaq:TASR), a market leader in advanced electronic control devices, today announced that it received three significant orders from law enforcement agencies. The first order received was from the Houston Police Department in Houston, TX, for 480 TASER(r) X26(tm) Electronic Control Devices (ECDs) and related accessories. The second order was from the Suffolk Police Department in Suffolk, VA, for 140 TASER X26 ECDs, 140 TASER CAM(tm) recording systems, and related accessories. The third order was from the Hamilton County Sheriff's Department in Chattanooga, TN, for 110 TASER X26 ECDs, 110 TASER CAM systems, and related accessories.
"We are pleased to see our largest law enforcement agency customer purchase 480 more TASER X26 ECDs. This order will now provide the Houston Police Department's patrol officers with over 4,300 TASER X26 units," commented Tom Smith, Chairman and Founder of TASER International. "This trend of purchasing follow-on units by existing law enforcement agencies continues throughout the country on a weekly basis. We can add the Suffolk Police Department to this list as its follow-on order of 140 TASER X26 ECDs now equips 176 officers with our TASER technology. The expansion of these two programs will allow these agencies to provide more patrol officers that opportunity to deploy TASER technology to protect life."
"We are also pleased to welcome our first order from the Hamilton County Sheriff's Department, which also includes TASER CAM recording systems for each of their 110 TASER X26 ECDs," concluded Smith.
These orders were received and will ship in the Fourth Quarter of 2007.
About TASER International, Inc.
TASER International's products protect life. TASER provides advanced Electronic Control Devices (ECDs) for use in the law enforcement, medical, military, corrections, professional security, and personal protection markets. TASER devices use proprietary technology to incapacitate dangerous, combative, or high-risk subjects who pose a risk to law enforcement officers, innocent citizens, or themselves in a manner that is generally recognized as a safer alternative to other uses of force. For more information, please call TASER International at (800) 978-2737 or visit our website at www.TASER.com.
The TASER International logo is available at http://www.primenewswire.com/newsroom/prs/?pkgid=2931
Note to Investors
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), including statements, without limitation, regarding our expectations, beliefs, intentions or strategies regarding the future. We intend that such forward-looking statements be subject to the safe-harbor provided by the Private Securities Litigation Reform Act of 1995. The forward-looking information is based upon current information and expectations regarding TASER International. These estimates and statements speak only as of the date on which they are made, are not guarantees of future performance, and involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results could materially differ from what is expressed, implied, or forecasted in such forward-looking statements.
TASER International assumes no obligation to update the information contained in this press release. These statements are qualified by important factors that could cause our actual results to differ materially from those reflected by the forward-looking statements. Such factors include but are not limited to: (1) market acceptance of our products; (2) our ability to establish and expand direct and indirect distribution channels; (3) our ability to attract and retain the endorsement of key opinion-leaders in the law enforcement community; (4) the level of product technology and price competition for our products; (5) the degree and rate of growth of the markets in which we compete and the accompanying demand for our products; (6) risks associated with rapid technological change and new product introductions; (7) competition; (8) litigation including lawsuits resulting from alleged product related injuries and death; (9) media publicity concerning allegations of deaths and injuries occurring after use of the TASER device and the negative effect this publicity could have on our sales; (10) TASER device tests and reports; (11) product quality; (12) implementation of manufacturing automation; (13) potential fluctuations in our quarterly operating results; (14) financial and budgetary constraints of prospects and customers; (15) order delays; (16) dependence upon sole and limited source suppliers; (17) negative reports concerning the TASER device; (18) fluctuations in component pricing; (19) government regulations and inquiries; (20) dependence upon key employees and our ability to retain employees; (21) execution and implementation risks of new technology; (22) ramping manufacturing production to meet demand; (23) medical and safety studies; (24) field test results; and (25) other factors detailed in our filings with the Securities and Exchange Commission, including, without limitation, those factors detailed in the Company's Annual Report on Form 10-K and its Form 10-Qs.
The statements made herein are independent statements of TASER International. The inclusion of any third parties does not represent an endorsement of any TASER International products or services by any such third parties.
CONTACT: TASER International, Inc.
Steve Tuttle, Vice President of Communications
Media ONLY Hotline: (480) 444-4000
Source: PrimeNewswire (November 14, 2007 - 7:30 AM EST)
I got back into CDS (old CHND) today @ 8.50. The company recently came out mid Q and raised '07 guidance substantially. Earnings out before the bell tomorrow. I did not post on the board when I got it today b/c I was trading on my smart phone. Should be action either way tomorrow. CC after the bell.
yeah, I'm not looking for big gains here. Just 3-6% for me on some short covering in a decent market
I just got in @ 13.96 on TASR. Shorts getting out is all. PE is up there where I don't usually buy, but I'm counting on shorts covering like I said.
TASR off the bottom w/ 20% plus short for no fundamental reason that I can tell. I am banking on some covering in this market taking TASR up from here for the rest of the afternoon IMO. I'm in @ 13.96 and looking for 3-6% upside. SL 13.50 for me.
hahaha, looks like I am going to be dead wrong on this one!
taking a bite out of TASR here in the high 13's. Looking way oversold to me. hopefully this goes my way and I don't get stung by TASR lol
I am doing DD on DGS as we speak and will get back to the board on it in the near future. I see some potential in the thought process at least, but I have no idea with whom they are invested.
you entered GILF Tsafi? I would have thought you would have said MILF at least! hahahahahaha, just messin' with you!
Tsafi, In Israel, have you ever heard of IDB Development Corp? They are the top holding for DGS (the first ever ETF based on emerging market small caps) whose inception was only 2 weeks ago. I am researching this ETF to see what I can find out about it and am thinking about dropping some cash in on this. Just wondering if you know that company. Hell, you may own it for all I know! lol
Nice board you all! I just marked it! Personally, I like EWZ long, but you never know these days. DGS is an interesting new one as stockscientist pointed out. I will be watching closely, but am a little skiddish on that right now as well.
Do you all think this is a one day bounce and that's it for a few more days or do you think the correction is over and we're up from here? Personally, I think we go up until more credit market write downs occur. Good to see oil down as well. Just trying to figure out how to go with the TSP for tomorrow. BTW, and to go back to my initial question from a few weeks ago as to how successful some of you are with transferring around every day or every few days I must attest that I have been experimenting and have been green if not preserved more times than not by doing the same. I think its a worthwhile venture, but 100% success all the time is obviously improbable. I appreciate the effort of the posters on this board.
BIDZ about to cross 18 now...dam! I didn't see this coming this quick
looks like the market likes this value play BIDZ that I posted yesterday. Its up almost 20%. Just follow the message trail backwards for the reasons why. Roth just raised estimates today as well.
BIDZ over 17 bucks now. I will sell here very soon
that your 58K shares on KALG Tsafi?
I just want to say this as a prediction and nothing more than that...The DOW will close down green, but will only be up by less than 10. Let's come back at the end of the day and see if I was right:)
nice call on CVDT Tsafi, it just kissed .90
Tsafi, E-Turd should have stuck with its core broker business even though its not even that good. They were just trying to increase shareholder value by going into the mortgage industry and it backfired all over them! I agree with you
looks like Roth analyst just raised PPS estimate from18 to 19 on this BIDZ as well. A few things driving her this morning
i do too! lol, what in the world?
thanks bobby, 16 plus now! weeeee
BIDZ up about a buck to 15.55 PM on that earnings release AH yesterday.
funny you should tell me to stay OT on this board. At least I am talking about trading/investing when some of these conspiracy theorists around on this board talk about everything BUT making money and/or pumping some POS. You should aim that somewhere else compadre:) Thank you
I have an oil question for the board:
Which ETF would you go long/short on banking on oil prices to correct? Long DUG, Short DIG, or Short USO. USO seems to have the largest degree of seasonal volatility on the weekly chart so I would tend to want to go with that one. Just curious to see what you folks think. Thanks!
Lang, I do believe that CPHI earnings are going to be great this Q and I do believe it could go to 5 bucks. On top of that it looks like the chart is turning over finally, huh? I just hope the market helps matters as many Chinese smallcaps have taken it hard on the chin as of late despite BB status.