Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Yes Miles Alibaba did jump threw some tight hoops before they made it! But there are some major differences as well as likenesses between the two. Both are internet sales. Baba is mostly selling " desired" items. CEHD is sell those also but is selling " Must Have" item-FOOD. As they are the Major internet seller in their Province they should end up being the biggest sell ( the Gorrilla in the Room) once they are established. One doesn't buy Desired item every day. One does buy food for every day!! I like their " Base". A must have item. No matter what shape the economy, people need food! And once the consolidation becomes final its only a matter of time. And as Mr. Liu ( I repeat this yet again !!!! ) is the Major stock holder in both companies, its only a matter of finding the right lender. And with growing sales that they showed the third quarter of last year it should only be a matter of time.
As I said a long time ago, I am hear for the long haul. this company has been steadily been putting the right pieces together and after more than two years it is just starting to bear fruit!
While the share price could jump at any time, I am looking at the next two quarters for growth. Of course, the company delayed report could shine an even stronger light on things!!
I am buying while it is still below that 48 cent level; and as many and as cheap as possiable! :)
Yes, and that is VERY good for Business! But the news wire PR is about the failure to get the right financing to acquire the other company and combine the two. So the deadline for closure has been extended until 30 June 2015! Not hard to see that it will happen as Mr. Liu is the main share holder in both companies as I have state before! It will happen.
But there is a PR news release out also that I-Hub is NOT yet showing. It is on my Ameritrade news reports! Check out the PR news wires! Great news!
NEWS is OUT!!! Check out the PR!! Looks very positive!!
And a ph number for all of us to join in on the Conference call!
I think over a dollar a share by end of the year at least!
Well, the news has finally hit at Ameritrade, some hour and 15minutes after Investors Hub put it out!!
It may take a while but the wise one reading this will quickly see the potential here!!
Of course it will be late! We don't know when they started selling on Crazy Buy and that also may have to go into the report as well as any legal changes!
What the REAL news is we are already now in the internet sales in one of the larger Provinces of China with a Population of approx. 70 Million People! That's like selling in every Major city on the East Coast of the USA!!
This news is so fresh that even Ameritrade does not have it yet!!
Putting this out now shortly after 11 A.M. Today will give it Three days to perculate!! LOOK out Monday!!
I just re-read the article and it is awesome to say the least! Note that it also says that CEHD is already selling its appliances and electronic items on Crazy Buy! There is a lot of detail in this report! But wait until the Conference call!
If we don't see a share price of .25 or higher by the end of the month ( if not much, much sooner) then there just are not any true investors out there any more!!
I hope the Conf. Call is in English!! And I feel bad for those who dumped this past week or two!!
WOW!!! This IS H U G E !! We are now in both the Retail sales as we were before AND over the net! And not only the food items but also the store items as well!! And a delivery system has been set up!! This is bigger than I had hoped for!!!!
And a Conference call coming on the 10th of April!!!
LOOK OUT Folks!! We were already profitable as of LAST quarter! Now our sales will grow like " CRAZY" so to speak!! The day of the cheap shares are about to end I think!!
Miles, while I do expect news, if none comes in a timely manner I am NOT going to hit the Panic button!
As to what would happen to the price per share were good news to come out, it would depend on just HOW good for one thing!
But todays Markets don't always make sense. Take the two China stocks I have mentioned- CEHD and NUIN.
NUIN is and has been profitable, showing a profit at about 1.28 per share. At a multiple of only ONE the current price should be = $ 1.28 per share!! But it NOT! Why?
And CEHD's last reported quarterly showed an annual profit of about .48 per share: ie = it should be at .48 per share. It is NOT. Why?
One thing about the stock market though is that eventually EVERY stock, like water, will eventually seek its own level. If the company makes money the price WILL eventually reflect that value! The Fear or Greed of the Herd will make it fluctuate, but eventually it will seek the proper price per value.
Either we have a winner or a loser. Time will tell. But not just one news report. That will only give us an idea of the most likey short term direction the stock will likely take!
Another important thing to be aware of is regarding the " Four day rule" !! You mention the last day as 3 April, tomorrow. But as the Markets are Closed tomorrow, that would push the fourth day to Monday! So we still have today and Monday!
Miles, I feel that the deal is certainly real. That feeling being grounded in the past conduct of Mr. LIU. However, as I have stated more than once before, I remember the repeated delays Mr. Jack Ma faced after more than once announcing a probable date for Alibaba going public! It would seem that the starting up of " China Crazy Buy " is facing similar issues.
This is JMPO of course and it could all be for other reasons unknown to us at this time. So I think that at this time getting some kind of news, regardless of good or bad, is the most important factor. NO news would not speak well after 3 Months of Nothing and no progress. If that is the case I will still be here but I would expect that some others will be putting on the Parachutes!
One other though that may or may not be relevant, but it seems that most " China" stocks are not exactly FLYING High right now. There just does not seem to be a lot of interest for them right now. Take NUIN for example; a VERY profitable company with a nice long range Buss. plan that has been steady going lower in price! So we are not alone! But as use to be said, " The Worm Will Turn " !! Patience!
I am here for the long haul-and a Happy and safe Easter to all!
GOOD MORNING C E H D !!
Thursday, the 2nd of April, 2015. Will today be the day?
Thanks surfer44. That was a fine post and helps put some focus on things!
GOOD MORNING C E H D !!
Not sure on the BB-QB surfer. but I think things are just taking a little longer due to things in China. JJMPO of course!
Miles, I will try to answer your four questions in order of presentment,
1) It would seem so!
2) It would seem so!
3) It expired!
4) Who knows for sure?
Hope that helps as its the best I can do with what you stated.
All valid questions Miles. Any opinions out there?
GOOD MORNING C E H D !!
The last trading day of the quarter today as well as the Month!
It is now the 31th of March and NO news! I can not blame anyone who is getting depressed over the lack there of!
But as for me, I am here for the LONG haul as I have always said! In fact, I have been a buyer over the last week or so !
No depression her. Just Patience !
VERY interesting happenings going on Folks! Looks like with NO news someone got tired and decided to Bail out this morning, selling some 26K shares plus. Then someone else sees the cheap share at .04 and jumps in and gobbles them up immediately!!
Yes, VERY interesting indeed considering the timing of things going on!!
GOOD MORNING C E H D !!
2 days left in the Month! Lets see what happens!
GOOD MORNING C E H D !!
Well, it is now the 28th of March, 2015. The PR about the LOI stated very clearly that the purchase must be completed " BEFORE " the 30th of March, 2015 !! That means that today and tomorrow are the last days! Will a PR come out over the weekend?! Of course if the deal has been made then the PR coming out " after" the 30th is no big deal! But some one must say something and VERY soon! Exciting for sure!!
Some nice buying coming in. Is something soon to happen ??
GOOD MORNING C E H D !!
The last day of the Trading week! And only " TWO " trading days left next week in the LOI time frame!
Some thing SOON!!
GOOD MORNING C E H D !!
Thursday the 26th. of March. Steadily we approach the date of LOI expiration. News should come VERY soon !!
GOOD MORNING C E H D !!!
Another fine day at CEHD land !! And very soon to be " CHINA CRAZY BUY " Land we hope!!
GOOD MORNING C E H D !!
Closer and closer it comes!!
GOOD MORNING C E H D !!
This week really brings us down to the wire on the news await ! Its this week or Monday. And NO news at all will nOT stop the expiration of the LOI ! So, with no news at all since 18 DEc 2014, anticipation is now HIGH! Let us see what is to transpire soon! Patience Folks.
Milesblue42,
Those are indeed possibilities. But the past news for the last year or so all came out at 9:00 A.M. . The only exception was when the PR firm was hired and that PR came out at 10:50 A.M. I believe. So 9 A.M. seems to be the favored time. That could change of course.
As to no SEC filings, that is true also. And that on has me a little concerned. They should have filled a Quarterly some time in mid February as they still are CEHD for now. But perhaps there is something in the sec reg's for a company in transition as their listing status has not been changed and no notice or warning has been issued. So I must assume, at least for now, that progress is being made.
As to the deal falling threw-perhaps. But as Mr. Hailing Liu is
the Majority stock holder in both companies I don't see how it would not close unless he himself changes his mind for some reason. No, I see more of a problem to closure from the Chinese Gov. than from him.
All of that said, it is still a Penny Stock so about any thing could happen. But it is exciting and also potentially VERY rewarding! Pick the right Penny and be in at the right time and the rest is History!!
GOOD MORNING C E H D !!
GOOD MORNING C E H D !!
We are now in single digits! Only NINE more trading days until the end of the Month! News at any time now!
GOOD MORNING C E H D !!
Another fine CEHD day! And only 12 days left until LOI expiration! Closing fast!
Miles, your posts are appreciated! TY !
GOOD MORNING C E H D !!
" IRISH" Day !! YEA!!
GOOD MORNING C E H D !!
GOOD MORNING C E H D !!
Well, another Friday the 13th. ! Does news ever come out on a Friday the thirteenth? We shall soon see I guess.
Yep! For sure! AND: Love that Bunny!!
GOOD MORNING C E H D !!
Well, seems as if we have made it to the 12th March without news. So Milesblue42's thoughts have proved to be so! Remember, Miles did not say that there would be news on the 12th.. Only that it would not come until on or after.
So, here we are and Miles was correct. Now as the last PR stated that the LOI would expire after the 30th., 12 from 30 leaves 18. Not all trading days of course, but 18 non the less. So we can not be more than that from some sort of event! That mean:
" Tick Tock, Tick Tock " !!
GOOD MORNING C E H D !!
Middle of the week day and a day closer!! One day at a time!