Empire Building 101
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Drifting just as expected. Oh well just another chance to add.
Added another 5k of srry today at .42 which surely will be a steal within a year hopefully. Still adding to ckgt.ob with hopes of multibaggers in both. Have done very well with jada.
This is very good news. I may very well have had the wrong type of cactus not really sure. When I e-mailed the company and sked this question never received an answer.
Please try and get this company as a client.
In all reality we will probably drift back down to the $2.00 again today. IMO, the seller is still around just doing their best to sell above $2.
We really need some updates with pigs and cigs and new product.
I believe we have cactus shortage. After doing some research I believe it takes a couple of years to get finished product from planting new acreage.
If so, that is probably why we will see the 30% growth unless they have signed some farmers with acreage in the last couple of years where product will be available soon.
The real positive is that not (1)ONE insider has sold from the run of .12 to $3.00 and that alone is very meaningful especially knowing the amount of money they are paid is peanuts.
I no longer get the buy and the price drops...go figure!
I got tired of chasing this today and finally paid the 2.18
If this ever hits pappy's target I will be very well off!
Looks like ckgt is getting ready. I had an order in at $2.01 today but pulled it after it started to drift upward.
Exited creg for a nice trade.
white tiger(Maj),
You were going to try and set up a meeting with CKGT if I remember correctly.
While I am not a smoker many of my friends are. I have a free sample coming as Susan was able to facilitate this to happen. This IMO, will help me considerably make my decision on whether or not to add to my already oversized positiom.
The cigs are the only reason I have a position as large as I do. With the continued negativity towards the harmful effects ofsmoking this could trully be blockbuster.
Sure is depressing here again today. Guess it is time to shut the computer off and go back outside and play gardner.
Sure hope it is people selling the converted warrants and not bad news looming or my goose os cooked!
Traderfan obviously you do have faith or you would not have bought more. My funds are not available until tommorrow. I'm probably about ready to splurge for the premium membership.
What are your thoughts for JADA.Ob on earnings?
Have you ever looked into SRRY.OB?
Good call on the sub $2.00 call today. I'm impressed.
Remember thrower posting this back in Nov. What was his verdict with this accusation? I know he still posts on the Chinese microcap board and apparently lives in China. Could you have him respond to these allegations made?
Posted by: throwerw Date: Thursday, November 26, 2009 11:27:10 PM
In reply to: Gary R who wrote msg# 557 Post # of 1595
We have been talking to policemen today. There is an ongoing investigation into both Yingxia and Harbin Kangda Cactus concerning illegal fundraising activities. The policemen were unable to give details, but they gave us this advice: "If you invested money, come in and report it; If you are thinking about investing, better not." We confirmed that we were talking about the same Harbin Kangda, and we were told that the company was quite famous in the area.
Called the company again, we were able to get through with no problem, but the site is still blocked. So the business is still ongoing, but there are problems to be aware of. Hopefully the CEO is telling the truth, and Kangda comes out of this ok.
CSP, keep up the good work, we're all thankful for what you do. I'm going to watch this one from the sidelines because you've led the way to so many other great China stocks.
I would buy more but have no funds until Wednesday. Jada looking good and CREG ...oh well. Time to shut computer off and play with my real estate holdings.
Zack is there any intention of your website doing a write-up with ckgt?
Obviously nobody is doing anything to get the word out. I thought by now GeoInvesting would have done so. Glen has not so much as mentioned it in almost a year.
Why is this? IMO this is one of the most undervalued stocks in lieu of new product and existing product.
It appears recession resistant but still gets no respect.
Agree. Between this and ckgt.ob are my only l-term holds as I believe they are both multibaggers within 18 months. I own others but they are for swing trading only. Any profits I add to these regular with swing trading gains.
Traderfan what is your opinion of CREG? I bought some today.
Still wanting to get into RHGP but haven't yet.
Fool or not I'm out. orginally they thought their was no problem with the assets. Now they need cash...yada yada yada. Throw the crooks in jail. I should have known long time ago when they supposedly had millions but still paid in stock.
Looks like 10k just went through...I need to get to gardening and quit talking about it(LOL).
No clue but Susan said it was not a problem. If they could get some type of contract in the U.S this would give them legitimacy and at that point blue skies ahead.
Still patiently waiting for the next cig news.
Has anybody tried the cactus cigarettes? I'm supposedly going to get some samples from CKGT. I thought it would be an issue getting samples in the U.S. but apparently not. Once they arrive I will at that point know for sure.
If anyone has already received samples please let us know.
Nice volume yesterday and we may get even more today. Apparently I'm talking to myself.
Seller disappears...buyer disappears.
Back to the duldrums. Time to get ready for some gardening and lawn work.
Overweight is an understatement.
I've done an enormous amount of DD and convinced without a doubt the cigs will add considerable to the bottom line.
As far as the seller is concerned I have lots of patience and have added throughout the downfall.
In reality after the warrant news in Jan. I should have known better. After all it is not my first rodeo.
An up day is trully good news as my funds are dropping and I do not have much left to buy in the event we fall below $2.
Also feel very strongly that management totally lowballed 2010 estimate and that is why I've been buying.
Had another 8700 ask go thru at 2:45 Hopefully somebody knows something.
The bid stinks yet we had a 14,300 share trade go by about 30 minutes ago. This is the largest trade I saw go by in a long time.
BFAR has come back very nicely.
A few very nice size blocks went thru already today.
Maybe the seller is about done. I did buy a fw shares again. Now watch this go back down. Happens all the time.
A little volume today can't be all bad right?
We need the warrant selling to go away and see where this goes.
Is there any way to find out how many warrants that have been excersized and sold?
This would really help a great deal.
Has any of the regular holders here sold out of pure frustration in the last few weeks? Trying to get a feel if this is warrant conversion selling or swing traders moving funds.
Just knowing they answered an e-mail is enough for me for now. Still holding...although not adding.
Trader with these 2 million shares up for sale since mid jan. and the obvious intent to sell this is and continues to be the catalyst for the downward pressure on the stock.
My guess is the seller is getting close to total liquidation.
After he is gone we should be back in business and that should be soon as the volume since Jan. is compelling.
Good news would probably take out the seller once and for all.
How long did it take for CCME and the warrant fiasco to play out?
Wish we had 100k volume back again...news.
Well atleast the CEO is still around(LOL). I thought he was long gone. Hope is all we have...
CKGT announced a land purchase in August 09. In the PR they talked about 181,854 square meters.
The conversion is as follows:
http://www.metric-conversions.org/area/square-meters-to-acres.htm
This was on the web-site under overview. Was this already there or an update on the board? Talks about baby food in the near future.
03.Packaged-food
Currently, China Kangtai produces a wide variety of packaged foods containing cactus or utilizing cactus as the primary raw material. The Company produces cactus in many edible varieties or as the main ingredient in other food products such as noodles, bagged cactus fruits and vegetables, cactus biscuits, and pickled cactus. Cactus based foods provides a unique and healthy alternative for consumers. Chinese consumers are continually making the switch from loose products up to packaged foods, and value added packaged foods which are expected to experience stable growth. This evolution of consumer food expenditures is looking good for China Kangtai as their products precisely target these consumers. China Kangtai will be introducing a number of baby food formulations in the near future. Baby food is a very attractive and rapidly growing segment of China’s packaged foods industry.
Traderfan on Jan, 12 the offering was for 2 Mil. The shares werer goingto be sold after the registration. How long does the registration process take or once filed thye can sell?
I would think it was immediate as the PPS was $2.90 and it has drifted ever since. If so, I believe the warrants are coming to an end very soon.
With 3.5 Mil warrants if the plan is to liquidate the position we good be dead money for a long time. Ithought CSP said one of the investors were very hppy and not going to sell.
Like I said if they are liquidating their position we are goingto be here a lot longer than I thought.
It will be interesting to see how bad they want the money.
Traderfan where is the fluff? They told us nothing except they are forcasting 35% growth. They should have attached something with earnings.
You are one of the few I follow or listen to because you are truthful and usually dig for the facts before you speak.
As far as dead money I agree 100%.
Looking for a bounce on SKBI as they are supposedly presenting in the U.S. today.
Getting back to CKGT and the PR that their would be no impact on current business pertaining to the imminent domain . My thought was the key point "no impact on current operations" was truthful.
However, how does this slow down the growth in the future.
How long soes it take to plant the cactus andget finished product from planting to harvest. My guess is probably more than a year.
Surely somebody will comment on this and enlighten us all.
My gut feeling is they have a supply issue and until it is resolved, growth and product launches will be impacted.
However, in the event they do get enough suppliers we are back in business.
I believe the whole story is intact and once they can address the supply/demand issues we are back in business. Until then without news we are dead money.
A PR with another cig contract certainly could/would help. Did I forget to tell you that I still expect this to happen very soon?
Your exactly right and this has been my #1 gripe. Then again I've been adding forever and hopefully next year this will look cheap.
Then again bad habits are hard to change!
This is one of 2 longs I'm currently holding the other being SRRY.OB and boy it;s been sorry too.
I could see the gap filled in the $1.80's but who knows. This is tradng as though things are going very bad which IMO is just not the case.
How could the interest be so low with everything on the horizon is beyond me.
Agreed. I think it is time to go and put out a few more bird houses as I can hardly sit any longer. I bought more today.
Have you been buying any in this range?
Rebought my JADA.OB at .371 after selling at .42
Made a few pennies and will do the same ifit goes back up.
Sure as heck aren't making any money on CKGT.OB AS a matter of fact....it is boring.
Unless their is a catalyst Traderfan you are right. The gap will be filled and it is lookingsooner rather than later.
The $2.10 call as far as not being the bottom is up in the air at this point. As far as the uplist it certainly would be a game changer.
If they can rid themselves of Seaside which CSP believes is the case they really have not done many things wrong here IMO. They did dilution in 2008 and have been slow to roll out new product which could be because of cactus supply.
My biggest problem is they have not went to enough dog and pony shows to promote not only the company but the health aspects of cactus in general. They have a real story and the word is just not getting out other M.B.'s or Hawk website.
Here is your chance CSP and Mr. Brdford. This is your first assignment.