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Your absolutely right there is no fluff or hype. People are learning what this company is really about and its nothing but good things. Theres no bad that I see.And green is a great color:)
Cant wait to see how this stock does next week. It should take off very rapidly. Definately breaking the 1.00 mark next week.IMO
Glad to have a green day. I new it was only a matter of time.
CRJI- The stock looks great, with the new clients I see lots of money to come. Should be a green day all day!JMHO
The stock is looking great right now. We have a green day so far. Hopefully we keep it up till the last bell!
I agree as well, CRJI should be making lots of money very soon. The news of there new clients is outstanding, and its only a matter of time before we see the change with the big boards as well.IMO!
I have this feeling that with the low volume and low float we will be making some money very soon. I need to get more shares before this thing skyrockets.
CRJI makes 10,000 tons of cement every day. That means there is lots of profit to be made by this company. Its about to break a dollar for sure next week. I can feel it!
CRJI is looking to make its move tommorow. We should break the dollar mark next week sometime.I have a feeling tommorow will be a green day!
I didnt realize CRJI produced so much cement every day. 10,000 tons is a lot for this company. I see lots of money in the future for these guys.
CRJI is a great company to own shares of. Very stable and on the move from here!
China Runji Cement Inc. Announces New Client Commitment For a US$2.26 million Sales Contract
9:00a ET January 22, 2009 (GlobeNewswire)
China Runji Cement Inc. (OTCBB:CRJI) ("CRJI" or "the Company"), a leading producer and distributor of cement in Anhui Province of China, today announced that it has secured a new buyer of cement following the execution of a US$2.26 million sales contract dated December 25, 2008. This contract from just one customer secures the purchase of the equivalent of 6% of CRJI's annual cement production in 2008.
According to the sales contract, CRJI will sell 60,000 tons of PO 42.5-grade cement to Jiangsu Zhuben Concrete Mixing Limited ("Jiangsu Zhuben") starting in January of 2009 over a period of 12 months. This new contract will increase CRJI's sales revenues by US$2.26 million.
Established in 1998, Jiangsu Zhuben is one of the largest concrete mixing companies in Jiangsu Province of China, and has been awarded the "Excellent Enterprise in China Concrete Industry." Jiangsu Zhuben is one of 36 concrete mixing companies which signed sales contract with CRJI in 2008, and it will become one of the ten largest customers of CRJI.
"We are very delighted to have a new client committing to purchase a significant amount of our annual production of cement and we look forward to our expanded relationship with Jiangsu Zhuben," Runji's President and CEO, Mr. Zhao Shouren said. "In light of the 4 trillion RMB stimulus plan from the central government and the 67 billion RMB contributed by the Anhui provincial government, we have been very aggressive in expanding our clientele to capture this exceptional business opportunity. We expect to secure many more new buyers in the coming months while increasing our long term production capacity through the recently announced construction of our third production line."
CRJI will be looking great once the numbers start to come in about this new client. Keep an eye on this stock!
China Runji Cement Inc. Announces New Client Commitment For a US$2.26 million Sales Contract
9:00a ET January 22, 2009 (GlobeNewswire)
China Runji Cement Inc. (OTCBB:CRJI) ("CRJI" or "the Company"), a leading producer and distributor of cement in Anhui Province of China, today announced that it has secured a new buyer of cement following the execution of a US$2.26 million sales contract dated December 25, 2008. This contract from just one customer secures the purchase of the equivalent of 6% of CRJI's annual cement production in 2008.
According to the sales contract, CRJI will sell 60,000 tons of PO 42.5-grade cement to Jiangsu Zhuben Concrete Mixing Limited ("Jiangsu Zhuben") starting in January of 2009 over a period of 12 months. This new contract will increase CRJI's sales revenues by US$2.26 million.
Established in 1998, Jiangsu Zhuben is one of the largest concrete mixing companies in Jiangsu Province of China, and has been awarded the "Excellent Enterprise in China Concrete Industry." Jiangsu Zhuben is one of 36 concrete mixing companies which signed sales contract with CRJI in 2008, and it will become one of the ten largest customers of CRJI.
"We are very delighted to have a new client committing to purchase a significant amount of our annual production of cement and we look forward to our expanded relationship with Jiangsu Zhuben," Runji's President and CEO, Mr. Zhao Shouren said. "In light of the 4 trillion RMB stimulus plan from the central government and the 67 billion RMB contributed by the Anhui provincial government, we have been very aggressive in expanding our clientele to capture this exceptional business opportunity. We expect to secure many more new buyers in the coming months while increasing our long term production capacity through the recently announced construction of our third production line."
With this new client its only a matter of time before we see this stock really start to take off!
Its only a matter of time before CRJI takes its toll on the market. They have a great bid price and lots of money in the low floaters.
CRJI should make its move sometime this week. With all of the new companies moving into the area, there will be lots of concrete to be made.
Definately. I am guessing we break the dollar mark this week.JMHO!
CRJI- yes the dd looks great. Awsome numbers for this company in the profit area. I cant wait to see what this stock does in 2009!
I see CRJI as a great investment. Great bid price and some numbers in the profit margin.
CRJI is making its move this week. With so much in the low floaters, its only a matter of time before this stock takes off!
CRJI is a definate one to watch breakthrough. I wouldnt be surprised if this stock broke the dollar mark this week!
CRJI has great numbers and is a definate stock to watch!
"NewswireToday - /newswire/ - Winston-Salem, NC, United States, 01/11/2009 - SmallCapReview is adding China Runji Cement (OTCBB: CRJI) to its Portfolio of stocks."
"China Runji Cement (OTCBB: CRJI) is one of the leading producers and distributors of cement in China. The Company's certified manufacturing facilities which contain cutting-edge technology and advanced equipment are capable of producing as much as 2 million tons of cement annually."
"Furthermore, the Company's solid distribution network and customer-orientated services have earned Runji's products a superior reputation among its customers."
"CRJI Investor Highlights Include:
Revenue increased 31.9% for the twelve-month period ended 8/31/08 to $40,467,123, compared to $30,672,474 for the same corresponding period in 2007."
"Gross profit increased 177.4% to $9,740,424 for the year ended 8/31/08 from $3,511,338 for the same corresponding period in year 2007."
"Net income for the year was $6.96 million, or $0.09 per fully diluted share, compared with net income of $0.78 million, or $0.01 per fully diluted share in the same period in 2007."
"Completed the construction of a second cement production line, which was put into production in October 2008."
"The Chinese government has announced a 4,000 billion RMB investment plan to stimulate economic growth in China, with most of these investments being put into infrastructure and transportation facilities, which will keep the cement market in strong demand for the next several years."
"Recently announced it has broke ground on a waste heat power generator that will be completed in April 2009. The waste heat power generator will generate electric power to support the existing cement production lines of the Company by recycling use of the heat generated by the cement production lines themselves. Designed to generate 70m kWh per year, the generator is able to reduce the Company's annual electricity costs by $4.6 million and increase profitability."
Great profit for this company. Just take a look at this dd.
"NewswireToday - /newswire/ - Winston-Salem, NC, United States, 01/11/2009 - SmallCapReview is adding China Runji Cement (OTCBB: CRJI) to its Portfolio of stocks."
"China Runji Cement (OTCBB: CRJI) is one of the leading producers and distributors of cement in China. The Company's certified manufacturing facilities which contain cutting-edge technology and advanced equipment are capable of producing as much as 2 million tons of cement annually."
"Furthermore, the Company's solid distribution network and customer-orientated services have earned Runji's products a superior reputation among its customers."
"CRJI Investor Highlights Include:
Revenue increased 31.9% for the twelve-month period ended 8/31/08 to $40,467,123, compared to $30,672,474 for the same corresponding period in 2007."
"Gross profit increased 177.4% to $9,740,424 for the year ended 8/31/08 from $3,511,338 for the same corresponding period in year 2007."
"Net income for the year was $6.96 million, or $0.09 per fully diluted share, compared with net income of $0.78 million, or $0.01 per fully diluted share in the same period in 2007."
"Completed the construction of a second cement production line, which was put into production in October 2008."
"The Chinese government has announced a 4,000 billion RMB investment plan to stimulate economic growth in China, with most of these investments being put into infrastructure and transportation facilities, which will keep the cement market in strong demand for the next several years."
"Recently announced it has broke ground on a waste heat power generator that will be completed in April 2009. The waste heat power generator will generate electric power to support the existing cement production lines of the Company by recycling use of the heat generated by the cement production lines themselves. Designed to generate 70m kWh per year, the generator is able to reduce the Company's annual electricity costs by $4.6 million and increase profitability."
CRJI is a great long term stock. Definately one you will want to hold onto for a while.
I have a good feeling that this will be a green week for CRJI. The low float makes this stock look like everyone should have a piece of the pie. Its only a matter of time before we break the dollar mark!
The volume is still looking good. I see lots of money to be made in the future!
Please pay attention to CRJI. This is a great press release that should have everyones head turning!
China Runji Cement Inc. Files Application for Third Production Line
4:35p ET January 20, 2009 (GlobeNewswire)
China Runji Cement Inc. (OTCBB:CRJI) ("CRJI" or "the Company"), a leading producer and distributor of cement in Anhui Province of China today announced that the Company has passed the water and soil preservation assessment at the construction site of its third cement clinker production line, hence allowing the Company to submit a formal application for commencing the construction work on its third production line with an anticipated output of 4,500 tons of cement per day.
After the third cement production line is online, CRJI will be able to supply its regional market with over 10,000 tons of cement per day, or around 4 million tons per year. This will make CRJI one of the largest cement manufacturers in China.
Subject to the approval of the government, CRJI plans to build the third cement clinker production line within two years in order to capture potential opportunities in the growing Chinese cement market driven by a 4 trillion RMB stimulus plan announced by the Chinese central government in October of 2008.
As part of the 4 trillion RMB stimulus package, the Anhui provincial government (where CRJI is located) will be investing 67 billion RMB (or USD 9.8 billion) in infrastructural investment to put towards the provincial city airport, 165 km of highways in the province and railways up to 400 km in length over the next 5 years. It is anticipated that these projects, among others in the Anhui province, will boost demand for CRJI's concrete products despite a lagging economy.
"The 4 trillion RMB central government stimulus plan and the RMB 67 billion contributed by the Anhui province should kick-start long term growth in cement demand," CRJI's President and CEO, Mr. Zhao Shouren said. "Unlike the American economy which is boosted by real estate, the growth of the Chinese economy is driven through governmental investment in the country's infrastructure. As the only producer of high grade PII52.5 cement within a 100 mile radius from our facility, we are well positioned to deliver cement for all of the anticipated infrastructural construction work in Anhui Province. That's why we see a need to add one more production line in the future."
Some news about CRJI
China Runji Cement Inc. Files Application for Third Production Line
4:35p ET January 20, 2009 (GlobeNewswire)
China Runji Cement Inc. (OTCBB:CRJI) ("CRJI" or "the Company"), a leading producer and distributor of cement in Anhui Province of China today announced that the Company has passed the water and soil preservation assessment at the construction site of its third cement clinker production line, hence allowing the Company to submit a formal application for commencing the construction work on its third production line with an anticipated output of 4,500 tons of cement per day.
After the third cement production line is online, CRJI will be able to supply its regional market with over 10,000 tons of cement per day, or around 4 million tons per year. This will make CRJI one of the largest cement manufacturers in China.
Subject to the approval of the government, CRJI plans to build the third cement clinker production line within two years in order to capture potential opportunities in the growing Chinese cement market driven by a 4 trillion RMB stimulus plan announced by the Chinese central government in October of 2008.
As part of the 4 trillion RMB stimulus package, the Anhui provincial government (where CRJI is located) will be investing 67 billion RMB (or USD 9.8 billion) in infrastructural investment to put towards the provincial city airport, 165 km of highways in the province and railways up to 400 km in length over the next 5 years. It is anticipated that these projects, among others in the Anhui province, will boost demand for CRJI's concrete products despite a lagging economy.
"The 4 trillion RMB central government stimulus plan and the RMB 67 billion contributed by the Anhui province should kick-start long term growth in cement demand," CRJI's President and CEO, Mr. Zhao Shouren said. "Unlike the American economy which is boosted by real estate, the growth of the Chinese economy is driven through governmental investment in the country's infrastructure. As the only producer of high grade PII52.5 cement within a 100 mile radius from our facility, we are well positioned to deliver cement for all of the anticipated infrastructural construction work in Anhui Province. That's why we see a need to add one more production line in the future."
CRJI is looking like a well oiled machine. Theres only a matter of time before it breaks through the barrier and takes off.
I agree CRJI should be jumping up real soon. The bid price is amazing and I see only money to be made from here!
CRJI- with this all happening it looks like CRJI is on the move. Only time will tell how far they go. I feel that all this will effect the company drastically
I agree its only a matter of time before CRJI breaks through and some big money is made. Cant wait till that happens either!
CRJI has many great aspects of the company. I see it looking to break 1.00 this week easily. Lets keep our fingers crossed!
CRJI is looking to take a major jump from here! I am waiting for the low floaters to kick in on the net profit. I hope this is going to be a stock that surpasses the expectations!
I agree a hundred percent and back up the government 75%.Ha but it would make a killing for this company thats for sure!
Definately, buy I have confidence that tommorow will be a green day! The bid price is great and its only a matter of time before that goes up. I will be purchasing more tommorow!
CRJI-should definately be breaking the dollar mark this week! With all this money coming in I wont know what to do with myself!
I agree, with the profits and revenues increased there will be a drastic increase in the stock. I see this stock getting ready to breakthrough very soon!
CRJI is looking good with this new government grant they recieved!
2009-01-14 16:35 ET - News Release
ANHUI, China, Jan. 14, 2009 (GLOBE NEWSWIRE) -- China Runji Cement Inc. (OTCBB:CRJI) ("CRJI" or "the Company"), a leading producer and distributor of cement in Anhui Province of China, today announced that the Company has received RMB 3,650,000 (US$528,986) or 60% of a government grant totaling RMB 6,075,000 (or US$ 880,435) on January 13, 2009. The grant was given to CRJI as a result of the endorsement of its waste heat power generator by the National Development and Reform Commission (NDRC) in the NDRC's 2008 Energy-saving & Technical Reform Fiscal Allowance Project Plan.
The NDRC's 2008 Fiscal Allowance Plan endorsed 401 energy-saving & technical reform projects throughout China that are expected to save 11.1 million tons of coal nationwide. Runji's 10-Million-Watt waste heat power generator fits perfectly in the plan because it will save approximately 26,000 tons of coal consumption per year by utilizing the residue heat released from the two cement production lines to generate power for CRJI. This power generator is expected to be completed in April 2009. CRJI has already started the construction of the plant's infrastructure.
According to the policy of NDRC's "Fiscal Allowance Management Regulations for Energy-saving & Technical Reform", the Chinese government will provide a financial grant to CRJI for the reduced coal consumption in accordance with the national standard. As a consequence, CRJI is entitled to receive a grant of RMB 6,075,000 (or US$880,435). RMB 3,650,000 (US$528,986), or 60% of the full grant has been provided to CRJI through the local Fiscal Bureau on January 13, 2009. The remaining balance will become due and receivable upon completion of the power generator.
"We are very delighted to be included in NDRC's 2008 energy-saving and technical reform fiscal allowance list," Runji's President and CEO, Mr. Zhao Shouren said. "Apart from cutting down our coal consumption in our production process, our waste heat power generator is also capable of reducing carbon dioxide emission by 67,272.5 tons every year. NDRC's fiscal allowance is another way of recognizing our green practices by the Chinese government. The allowance benefits us by providing a non-dilutive source of funds and expediting the return on investment from our waste heat power generator, which in turn should result in better financial performance in 2009."